Orygun: The problem with reading agora as a main disussion board and source of information is that the SEC filings are rarely discussed because they contain the details that the shills and hypesters don't want known.
The Schelule 13G regarding the beneficial ownership of the Basso entities was discussed here when the filing was released. Additionally the structure of e.Digital's convertible preferred shares has also been discussed.
Each series of CP shares has been a PIPE and some have had well known offshore PIPE investors - the Series C in 2000 being the best example in which the stock was shorted from the mid $4 range down to the low $1 range. It did recover a bit after all of the Series C shares were converted.
e.Digital management knows full well that these types of financings have a very negative effect on the share price but engage in them anyway. The details are in the filings, but they know that very few shareholders read them.
You may consider me a "basher" but I do my best to research the filings and explain them here. It doesn't take an expert to understand them, but it does take a careful reading of them. Here is a good link to them:
FWIW, now that you are realizing that not everyone is who they appear to be, you may want to consider why the hypesters lable anyone with not-so-positive information (no matter how factual) to be a basher in cahoots with MMs or shorts.
That is a myth they created in an attempt to discredit even legitimate information. I don't believe there has ever been a boiler room of "bashers" ever found by the SEC however there have been many pumper boiler rooms busted. Furthermore the SEC warns about hypesters and shills intentionally deceiving investors of microcap stocks whereas they do not warn about "bashers."
I really do hope you are able to make out well with e.Digital but listening to the hypesters on agora is ill advised IMO.