e.Digital Corporation (fka EDIG)

[friendlyfred]

Where I went wrong and I believe many did by investing in this company and others was succumbing to the delusion of abundant royalties that would come from our "partners" and "customers" once they began selling products using our proprietrary solution. I believe that I (we) overestimated the amount of per unit royalties and were also lead to believe that the product was desirable by many ce entities. The way it all fell apart leads me to believe that we were hoodwinked by management and stock touts. I cant see something going that wrong on its own. The revenue estimates that were being posted on message boards by over enthusiastic investors and touts are nothing short of laughable when contrasted by what has actually occurred. Its a shame but indeed a lesson has been learned, at least by me.