e.Digital Corporation (fka EDIG)

[Cassandra]

lickily: You asked:

Are you trying to say that the companies were owed far less than the amounts listed...

As I said in my previous post, that is what I believe is the likely scenario.

if so how would you know?

It is apparent because e.Digital never discloses how much the accounts payable was reduced by these payments in stock. Instead they give an "assumed" amount for the "purposes of the Prospective Supplement." This implies that these assumed amounts are not the same as the resulting reduction in AP on the books. If the amounts were the same, they would state that fact and eliminate confusion.

You could ask RP a very specific question such as:

Are the amounts "assumed" in the Prospective Supplements regarding the value of manufacturing services equal to the amount that AP is reduced in each case?

Unfortunately, as you know, you'll probably get a Putnamese answer as usual.