Norris is none the less an actual inventor just not a really all time great one that hits many home runs. His LRAD technology is an actual business with government contracts although the business is very lumpy and the stock price is hurting. I would be surprised they do not get bought out by a defense biggie its a solid product I would not buy into his PAMT directed sound spin off from LRAD but it sounds like a plausible business.
EDIGs 774 Norris patent and others are junk and unlikely to realize licenses big enough to enhance share holder value and are set to expire soon. I disagree with you on bringing in new management or board members because it wont help. If EDIG tried to press their other 445 and 108 flash R patents they will probably find themselves in new reexams and few actual infringers. I do not think there is any way to save the company they have nothing of value. They would be better off using their available cash to buy a McDonalds franchise and paying shareholders the profits in dividends.