e.Digital Corporation (fka EDIG)

[Cassandra]

Some VERY interesting info regarding Immanuel Kant posted by DanL on RB today. Remember that I Kant is a BVI-based shell set up by David Sims (#msg-314317).

It turns out that Sims has apparently set up a lot such shells as in conjunction with "death-spiral" financings and is named in multiple lawsuits. Partial text below.

DanL's post (http://ragingbull.lycos.com/mboard/boards.cgi?board=EDIG&read=1180698) gave the following link, which includes the text of one of the lawsuits against Sims and some of the people he collaborates with. e.Digital is mentioned in the list of companies Sims has financed (see highlights).

http://www.sec.gov/rules/proposed/s72303/rthompson111903.txt

57. SEDONA has recently learned that Roseworth and Cambois are in fact wholly owned
subsidiaries of Creon Management ("Creon"), a British Virgin Island company managed
in the United States by Rhino. Creon creates shell companies to "invest" in U.S.
companies. A Director or Authorized Signatory of such shell companies is defendant
Sims. Additionally, Creon is a guarantor of another shell company investment in a
U.S. publicly traded company, which shell company uses the address of H. U. Bachofen
("Bachofen") in Zurich, Switzerland. Bachofen is the President and Director of AMRO.
Rhino manages Amro in the United States.

58. Sims is a known participant in illegal stock sales and stock manipulation schemes, who is also involved in Internet Law Library, Nanopierce (see paragraph 25), and
numerous other cases pending in the Southern District of New York. Sims (who operates through Navigator Management, among other entities) is an Authorized Signatory and Director for various companies created by Rhino, Creon, Badian and other perpetrators of the death spiral finance scheme, and has substantial links to Mark Valentine ("Valentine"), Badian, Steve Hicks ("Hicks"), Paul Lemmon ("Lemmon") and Ladenburg evidenced by public filings, either as officer, director, fund manager, or other agency relationship in various companies and various transactions to fund U.S. publicly traded companies. A small sampling of U.S. companies financed by entities
connected to Sims are illustrated in the chart below:

INVESTING ENTITIES AFFILIATED THROUGH DAVID SIMS

U.S. Company
"Investment"
Trading
Symbol
Investing Entity
and Signatory

Altair International Inc.
ALTI
Anderson LLC/David Sims c/o Beacon Fund

America's Senior Financial Services, Inc.

Litigation: 01 Civ. 1051, SDNY; Fennell Avenue LLC v. Americas Senior F
inancial Services
AMSE
Fennell Avenue LLC, Cayman Islands/David Sims

ATSI Communications, Inc.

Litigation: 02 Civ. 8726, SDNY; ATSI Communications, Inc. v. The Shaar
Fund, Ltd., et al.
AI
Binkley LLC/Navigator Management/David Sims

BestNet Communications Corp.
(formerly Wavetech International, Inc.)
BESC
Cedar Avenue LLC, Cayman Islands/David Sims, Director, Navigator Mgt;
Thomson Kernaghan

Bionutrics, Inc.
BNRX
Justicia Holdings Limited/David Sims, authorized signatory

Biopulse International, Inc.
BIOP
Hunts Drive LLC/Navigator Mgt Ltd/David Sims

International BioChemical Industries, Inc.
(formerly Bioshield Technologies Inc.)
IBCL.PK
Wilson LLC, c/o CITCO Trustees, Grand Cayman/David Sims, Director,
Navigator Mgt

Calypte Biomedical Corporation
CALY
Townsbury Investments Limited/David Sims, Director

CEL-SCI Corporation
CVM
Paul Revere Capital Partners Inc., David Sims, Authorized Signatory;
Epstein Becker & Green, Robert F. Charron, Escrow Agent

C3D Digital Inc.
(formerly Chequemate International, Inc.)
CDDT
Crooks Hollow Road LLC, Grand Cayman/David Sims, Director, Navigator Mgt

ColorMax Technologies, Inc.

Litigation: Brook Road LLC v. Tenney, et al., C.A. 18655, Delaware
Chancery Court, New Castle County
CXTE
Brook Road LLC, Grand Cayman

Composite Holdings, Inc.
(formerly Composite Industries of America, Inc.)

Litigation: Composite Industries of America, Inc., v. Lenore Avenue LLC,
Navigator Mgt., Southridge Capital Mgt., vFinance, Steve Hicks, Christy Constabile,
et al.; CV-S-02-0482 PMP-RJJ; USDC, District of Nevada
COHIA.PK
Lenore Avenue LLC, Grand Cayman/Burlington Street LLC, Tortola BVI

Computerized Thermal Imaging, Inc.
CIO
Beach Boulevard LLC, Cayman and Tortola/David Sims, Navigator Management

DG Jewelry, Inc.

Litigation: Haymarket LLC, v. D. G. Jewelry of Canada, ltd., a/k/a D. G.
Jewelry, Ltd., a/k/a D. G. Jewelry, Inc.; In the Supreme Court for the State of
New York; County of New York; Justice Ira Gammerman, Part 27, Index No. 605762/99,
PC No.15971
DGJLQ.PK
Haymarket LLC, c/o CITCO Trustees, Grand Cayman/David Sims, Navigator Mgt.

e.Digital Corporation
EDIG
Immanual Kant International Ltd, Tortola/David Sims

Equidyne Corp.
(formerly American Electromedics Corporation)
IJX
Dominion Capital Fund Ltd. by InterCaribbean Services Ltd, controlled by David Sims

eSat Inc.
ASAT
Wentworth LLC, Grand Cayman

EuroGas, Inc.
EUGS
Arkledun Drive LLC, Dominion Capital Fund (signed by Mark Valentine), Director is
David Sims

Eurotech, Ltd.
EUOT
Woodward LLC , Grand Cayman/David Sims, Navigator Mgt.

Focus Enhancements, Inc
FCSE
Folkinburg Investments/David Sims, Director; Euston Investments Holdings
Ltd/David Sims, Director

Fonix Corporation
FNIX.OB
Queen LLC "controlled by David Sims"; Queen LLC/Navigator Mgt. by David Sims,
Director; Dominion Capital Fund Ltd/David Sims, Director; Dominion Investment Fund
LLC/Navigator Mgt Director, by David Sims

General Magic, Inc.
GMGC
Paul Revere Capital Partners Ltd./David Sims, Director, c/o Epstein Becker &
Green, 250 Park Ave., NYC 10177

Global Intellicom, Inc.

Litigation: Global Intellicom v. Thomson Kernaghan, et al., No. 99 Civ 0342, SDNY
GBITQ
Dominion Capital Fund Limited by Livingstone Asset Management by Navigator Mgt
Ltd its President by David Sims, Director

Global Maintech Corporation
(formerly Singlepoint Systems Corp.)
GBMT
Nash LLC/Navigator Mgt by David Sims/Thomson Kernaghan

Homecom Communications, Inc.
HCOM.OB
MacNab LLC/Navigator Mgt, David Sims; Jackson LLC/Navigator Mgt, David Sims

Hyperdynamics Corporation
HYPD
Wellington LLC

Imaging Diagnostics Systems, Inc.
IMDS
Charlton LLC/Navigator Mgt, David Sims; Minglewood Capital, Director CTC;
Livingstone Asset Mgt/Navigator, David Sims

Infinite Group, Inc.
IMCI
Cockfield Holdings LLC/David Sims

ITIS Holdings Inc.
(formerly Internet Law Library Inc.)

Litigation: Internet Law Library, Inc. v. Southridge Capital Management,
LLC, et al.; Case No. 01 Civ 6600, SDNY
ITHH
Cootes Drive LLC/Navigator Mgt. Ltd, David Sims

Interiors, Inc.
INTXA
Limeridge LLC/Navigator Mgt., David Sims

LecStar Communications Corporation
(formerly Corzon Inc., formerly Tanner's Restaurant Group)
LCST
Atlantis Capital Fund by Navigator/David Sims; Sherman LLC by Navigator;
Bonham Drive LLC by Navigator Mgt./David Sims

Lumenon Innovative Lightwave Technology, Inc.
LUMMQ
Crossover Ventures, Inc.

Med Diversified, Inc.
(formerly e-Medsoft.com)
MDDVQ.PK
Hoskin International Ltd, Tortola/David Sims, Authorized Signatory

Metropolitan Health Networks, Inc.
MDPA
Copira Investments, David Sims

MigraTEC, Inc.
MIGR
Ironhead Investments, Inc., David Sims

Mobile P.E.T. Systems, Inc.

Litigation in San Diego
MBPT
York LLC/Navigator Mgt., David Sims, Arlene DeCastro

NanoPierce Technologies, Inc.

Litigation: 02 Civ. 0767, SDNY; NanoPierce Technologies, Inc. v. Southridge
Capital Management, LLC, et al.
NPCT
Harvest Court LLC/Navigator Mgt, David Sims

National Scientific Corporation
NSCT
Coriander Enterprises Ltd., controlled by David Sims and Lamberto Banchetti

NCT Group, Inc.
(formerly Noise Cancellation Technologies, Inc.)
NCTI
Crammer Road LLC, Navigator Mgt., David Sims (listing investors in Crammer
Road LLC: Advantage Bermuda Fund, Atlantis Capital Fund, CALP, Dominion Capital
Fund Ltd., Sovereign Partners LP)

Imergent, Inc.
(formerly Netgateway Inc.)
IMGG.OB
King William LLC/Navigator Mgt, David Sims

Network Commerce Inc.
NWKC
Cody Holdings Inc., David Sims

Rich Coast Inc.
KRHC
Dominion Capital Fund Ltd., David Sims

Robotic Vision Systems, Inc.
ROBV
Radyr Investments, 130 West 29th Street - 5th Fl
New York, NY 10001

SoftQuad Software, Ltd.
(formerly American Sports Machine. Acquired by Corel Corp. in March 2002)

Litigation: U.S. v. Paul D. Lemmon and Mark Valentine
CORL (formerly SXML, prior to acquisition)
Ashland Resources and Aberdeen Avenue LLC, both by Voyageur Financial
Services, David Simms [sic]; Striker Capital Ltd by Voyageur Financial Services
by Paul Lemmon; Pinetree Capital, VC Advantage by VCA Mgt. Ltd. by Hammock Group
Ltd. by Voyageur Financial Services, by Paul Lemmon and Thomson Kernaghan,
signed by Mark Valentine

Stemcells, Inc.
(formerly Cytotherapeutics Inc.)
STEM
Sativum Investments Limited, David Sims

Swissray International, Inc.
SRMI.PK
Hillcrest Avenue LLC by Navigator Mgt., by Livingstone Asset Mgt Ltd.,
controlled by Sims

Technest Holdings, Inc.
THNS
Garth LLC, Southshore Capital Fund,, Navigator Marlene R. Goldberg/David
Sims; also Greenfield Investment Consultants LLC (Hicks), Rearden Trust

24/7 Media, Inc.
TFSM
Maya Cove Holdings by David Sims

Valicert, Inc.
VLCT
Rellian Investments, David Sims

Vie Financial Group, Inc.
(formerly Ashton Technology Group, Inc.)
VIEF
Jameson Drive LLC, Cayman Islands/David Sims

WaveRider Communications Inc.
WAVC
Radyr Group Investments/Hans Gassner, Director

Universal Communications Systems, Inc.
(formerly World Wide Wireless Communications, Inc.)
UCSY
Splendid Rock Holdings Ltd., David Sims