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Re: 1Coyote post# 78587

Thursday, 07/05/2012 6:14:17 PM

Thursday, July 05, 2012 6:14:17 PM

Post# of 93822
Well...it appears to be a way for the Comelli law firm to syphoon money out of edig - what does Fred do anyway?

That would be his job - to manage outside law firms...what does Fred do for his money anyway assuming it is not a conflict of interest? This is a small company - not a large one...

The larger issues is why does this management group find ways to take what precious little money this company generates when the stock price is at 3 cents?

What about the shareholders and getting value out of management for the money they spent?

Where exactly is the value with Fred? 180K to do what - sell stuff? develop the company?

Why isn't the law firm's exact duties spelled out - what does it manage?

Also - why doesn't the law firm do the work for free? Donate it? Look at the business and what is going on...the last thing it needs is more overhead....did this BOD member get money out of the company already when the share price was high - how much does he need...they could use the money for development and sales...5 K a month will buy edig a salesman - a real one plus commissions....

Just my humble opinion - that's all....
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