Replies to post #45366 on e.Digital Corporation (fka EDIG)

[Cassandra]

NEWe: No need to rethink since I simply said I'd be "surprised" to see it last that long. I'm surprised that it is still in business today.

The loyalty of the shareholder base and their willingness to keep pumping money into this company despite its lengthy string of failures following lofty expectations is amazing to me as is the ability of e.Digital management to embellish the reality of what is really going on.

Regarding the dilution from the pending share registration, I have come to see that EDIG stock doesn't trade on anything that has to do with rational valuations. Dilution doesn't seem to upset the loyal base, even though it should.

Today's share price of .45 makes the market cap nearly $70 million given the current shares outstanding of 155 million. Yesterday the market cap went over $82 million. There is no rational way to justify these kinds of valuations or valuation swings.

IMO most people invest in EDIG stock simply because they think the share price will go up, not based on any expected fundamentals.