e.Digital Corporation (fka EDIG)

[But Anyway]

I was looking for a little more detail, but yes your idea would be a good start.

Honestly I think e.Digital needs to begin aggressively slashing expenses. This is the only way I foresee the company digging itself out of the current quagmire.

Stop running a tiny engineering shop at the expense of public investors simply to provide gainful employment to a handful of friends and family and start acting in good faith to shareholders and take the necessary steps, however painful they might be, to begin the long process of turning the company around.

I think most would agree that supporters of the company have grown weary of the endless string of promises emitted from the management team of which nearly all have failed to benefit shareholders and in retrospect have only done harm to the company's financial position.

These guys have some good ideas and they are generally at the forefront, idea-wise, of movements in the consumer-electronics industry. Unfortunately the corporate culture has not changed much since the company first entered the public markets over a decade ago. They (meaning Norris' circle) still operate purely for their selfish interests, to a detriment of their unaffiliated shareholders.

They play the game extremely well, certainly one of the best that I have had the pleasure to follow.

Now I'm off to give this 22 year old the Cartier starter pack and tax that ass.



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Conditions of my posting here: #msg-661266

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