e.Digital Corporation (fka EDIG)

[hollywoodhills]

It has now been over two months since edig came out of the closet and told shareholders that all the "expected" announcements and contracts just ain't a gonna happen.. Good thing that they managed to secure their raises and 50% more dilution before they told us about it. I just could not live with myself if that did not happen.
Two months ..and not a peep from the company concerning any sales at all.. The shareprice is at a five year low...Volume is non existant.. What could all this mean..
1).. they are not selling a damn thing other than some digeplayers to some airlines that have two or three aircraft in their fleet..I admit..that is not Falks falt... Wencor seems to have tried to make a powerplay for edig and it ended up hurting the releationship.
2)shareholders have finally had enough of their non accomplishment and outright lies..Therefore.. nobody trusts them as far as they could throw them.
3) the PPS is being held down so low so when edig very soon has to sell millions of newly printed shares lower than
nineteen cents.. They will literally have to give millions and millions of additional shares to the friendly investors whobought a couple of years ago.
4) They cannot find even one friendly investor to purchase cut rate shares to finance "growing oem business"..because the friendly investors have milked this cow for all that its worth.
Who knows...BUT at least we can thank god that the management has received the authorization to increase their salaries for a job well done and the honest information that they have provided the common shareholder for the last half decade.

HH