Replies to post #52491 on e.Digital Corporation (fka EDIG)

[niz]

I think your in denial because the stock didnt tank today. (eom)

[chipperca]

Considering that according to the last quarters financial statement they are losing a little over $250,000 a month, this financing should allow them to finance operations for almost 5 months. This assumes that they dont have some unexpected large expenses in the short term. I would be disappointed if this money is used to provide bonuses to executive staff however.

[chwdrhed]

...the legal incentive is to short EDIG...

Not sure what you mean by this. The past notwithstanding there's no reason they can't make money if the price goes up too, right? I mean, hey, those cheap warrants look pretty attractive if the share price gets over a dollar.