e.Digital Corporation (fka EDIG)

[Neverending]

Danel- This quote from that PR is especially galling in retrospect:

We are experiencing increasing demand for our MicroOS technology, and our engineering and manufacturing services from OEMs around the world.

The quote is just vague enough that if nothing came of it they can say they promised nothing YET the quote APPEARS totally promising. "demand for our MicroOS" can mean just about anything. It could mean EDIG got paid $5 from 1 company for non recurring engineering fees or it could mean 100 companies for millions or it could mean they exchanged e-mails with some interested potential customers. This is where the investor fills in the blanks based on hi/her own experience, hope and greed. Technically EDIG did not lie with this statement and that is why I have a hard time getting optimistic about EDIGs claims today. As far as I know nobody licensed the "MicroOS" or if they did it was for minimal revenue.