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Cassandra

03/08/06 11:43 AM

#72866 RE: HotrodHans #72865

In addition to Stockguru.com, EDIG is being pumped by SessionsIR.com, otcstockexchange.com, OTCPicks.com and possibly others.

Knobias RAiDAR alerts:

http://www.knobias.com/individual/public/quote.htm?aff=IHUB&ticker=EDIG

I think these alerts are mostly used by traders, however traders who don't do any DD on the millions convertible shares and notes that are now back in the money after being reset to $0.08 could find themselves the new bagholders having bought at the top of the run.

After being out of the money for over a year and knowing how many shares will be competing with them when the next several million are registered to support all of the subsequent financings, I'm sure the Basso funds and the other hedge funds that own the remaining Series EE CP shares are unloading what they can into the speculative momentum now. They may be origin of the pump effort.

Yesterday's huge volume and gain was a gift to the CP financiers, providing at minimum a double over their conversion price of $0.08.