e.Digital Corporation (fka EDIG)

[HotrodHans]

The New York Times called Friday to ask,

"What's the Emergency?"

Why is the meeting this Wednesday at 6 p.m. about SarBanes-Oxley 404 so essential to the survival of smaller public companies?, the reporter wanted to know.

The reporter had seen the following notice:



EMERGENCY MEETING OF PUBLIC COMPANY
CEOs, CFOs AND ATTORNEYS, FUNDERS, IR PRACTITIONERS
Moderator: Marshal Shichtman, Esq.
Panel Includes SEC Advisory Committee Members

Wednesday, June 15, 2005
SOUTHGATE TOWER / EMPIRE ROOM
6 p.m. to 8 p.m. / Cash Bar Available
371 7th Avenue at 31st Street Directly Across From Penn Station



This meeting directly precedes the second public meeting of the SEC Advisory Committee on Smaller Public Companies (under $200m) Thursday, June 16, from 1 p.m. to 5:30 p.m., and Friday, June 17, from 9 a.m. to 12:30 p.m., at Columbia University Law School, Jerome Hall, Room 103, 435 West 116th Street.

http://www.sec.gov/info/smallbus/acspc.shtml
http://www.sec.gov/rules/other/33-8575.pdf
http://www.investrend.com/default.asp?level=137
http://www.investrend.com/Admin/Topics/Articles/Resources/480_1117596550.doc

The Official SEC Agenda should be posted today or tomorrow!

Maybe everyone doesn't consider it to be an emergency, we responded to the reporter for the article she is planning this Thursday. Only if you are an executive, director, provider or shareholder of a smaller public company that can not afford the costs of compliance that are currently steamrolling ahead for implementation nine months from now!

Companies such as those described in the NY Times and have or will have to "go dark," as covered in the news today:

http://quotes.freerealtime.com/dl/frt/N?symbol=NDAQ&art=C2005061300164r9366&SA=Latest%20News

Or, those that, when late, face delisting and BANNED FOR A YEAR due to the proposed NEW Nasdaq rule for OTCBB companies now being considered by the SEC.

Or those that have been subjected to predatory trading practices, need help on the role of funders, etc. Two staff members of the SEC will also be in attendance, which will give many an opportunity to directly and informally ask important questions.

Why is Investrend co-sponsoring this, we were asked. Because it is the mission of our division, Investrend Information, to serve as a news and information disseminator and catalyst for important issues facing smaller public companies. Investrend is underwriting the cost of the facility as a public service. Those who meet will decide on an ad hoc basis whether to organize as a Task Force, how to present their interests on a united basis, and determine what the joint effort should be. Investrend will provide coverage and support for this, but it is not our role to make policy or to implement it.

WILL YOUR COMPANY BE REPRESENTED AT THIS VITAL MEETING WEDNESDAY?!

Co-sponsored by CEO Council (http://www.ceocouncil.net)

If attending, please email [e-mail] and let us know, or click on http://www.investrend.com/contact.asp