RO: There are many important differences between EDIG and ONT. Perhaps the biggest is that ONT has 63 million shares outstanding and EDIG has 155 million with more on the way. That extra 93+ million shares drammatically affects the P/S and P/E ration (if there ever are earnings).
I took a peek at the filings and PRs for ONT and found many other major differences:
ONT has recently licensed its video codecs to three firms, one in NY, one in Japan and one in Beijing, whereas EDIG has never had a significant licensing deal for MicroOS. The gross profit on licensing can be near 100% since the money to develop the technology occurred in prior periods.
ONT has a positive net worth (shareholder's equity) whereas EDIG has a very negative net worth.
ONT has an excellent gross profit margin on sales, whereas EDIG has been suffering from negative gross profit.
The ONT 10Q was close to break even, whereas EDIG is nowhere near a break-even point.
The auditors of EDIG have warned that there is substantial doubt that EDIG will be able to remain a going concern. The auditors of ONT have made no such warning.
The ONT CEO consistently buys stock on the open market. The CFO has also made some large purchases. EDIG execs have never bought the stock on the open market despite receiving undeserved bonuses.
ONT recently cancelled the registration of some shares it previously registered whereas EDIG still has a pending S-3 for the conversion shares under the Series D CP share covenants.
ONT is traded on the AMEX whereas EDIG is traded on the scam filled OTCBB exchange.
ONT went pubic in early 1999, whereas EDIG is 15 years old and still can't make a profit.
Lastly, ONT looks very overvalued to me right now based on the current fundamentals. Perhaps there is major revenue expected from the licensing deals.
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