Subject: RE: LL why Monday earnings release vs. close 6-30 or 7-1-04
From sky56
PostID 340134 On Tuesday, June 29, 2004 (EST) at 9:33:30 AM
Response To: LawyerLong PostID 340107
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Emerging Stock Report: ESR Reports on EDigital Corp
Jun 28, 2004 (M2 PRESSWIRE via COMTEX) -- The Emerging Stock Report believes that investors should pay close attention to E.Digital Corp. (OTCBB:EDIG) today the company reported revenues for the fiscal year ended March 31, 2004 (the Company's fiscal 2004) totaled $3,418,180, a 32% increase over fiscal 2003 revenues of $2,597,363. The Company reported a reduced operating loss for the fiscal year of $2,328,400 versus a loss of $5,841,920 in fiscal 2003. Net loss per common share for fiscal 2004 was ($0.02) versus ($0.05) in fiscal 2003. The Company reported $687,397 or a 21% gross profit on revenues in fiscal 2004 compared to a gross loss of $899,695 in fiscal 2003.
''This is a very significant announcement for any company that is trading on the OTC markets, it will be interesting to see how the markets react to this development'' Jay Lee, senior editor of the Emerging Stock Report
Are we to the Moon yet?
