e.Digital Corporation (fka EDIG)

[DABOSS]

wrong cassandra,
This is what I stated...(and you obviously missed the point)

"Financing $2 million worth of manufacturing is the easy part for companies like Fujitsu-Ten. Development takes time. It is now time to tool up these products and begin the manufacturing process, filling the pipeline. The fact that the initial order has already been doubled indicates some market research on their part."

It was a discussion about financing new projects and taking them from the prototype stage to actual manufacturing.

Listening again to the webcast, he did state he expected the order to double, but that is not now the case. However, I would guess discussions have taken place which included the possibility of doubling the initial order, hence the statement which addressed this issue.

They must have great expectations for this new product line to not only be willing to extend a letter of credit but anticipate a doubling of this order in the future.