e.Digital Corporation (fka EDIG)

[Cassandra]

Why would e.Digial pay Allen Cocumelli, the Chairman of the Board, to advise the company regarding managing outside legal work instead of long-time corporate counsel Curt Barwick? How much advice does Fred Falk need regarding such work?

I contacted Barwick's office a few minutes ago and asked if they are still corporate counsel for e.Digital Corporation and was told they are.

Curt C. Barwick, Esq.
McConnell, Dunning & Barwick LLP
15 Enterprise, Suite 360
Aliso Viejo, California 92656
[phone]
Counsel for the Company

IMO, the $5,000/mo retainer paid to Cocumelli to advise Fred Falk regarding managing outside legal work is unwarranted and excessive and has the appearance of a thinly-veiled quid pro quo arrangement between Falk and Cocumelli at the expense of the shareholders to whom both have fiduciary duties.

It should be disclosed as a conflict of interest and he should resign from at least the compensation committee, if not the BOD itself.

Shamefully, it appears there is absolutely no officer or director at EDIG who is willing to act in the best interest of shareholders.