Replies to post #53610 on e.Digital Corporation (fka EDIG)

[friendlyfred]

Did someone actually stipulate the discontinuation of the 0-1000? Unless it came from managements mouths I will stick with my belief that it (the store) was less than successful and wasn't worth their time. I agree with the additional airline announcements etc. but those will be aps announcements for the most part and dont have to mention edig at all. I dont think the average joe investor is going to try to dope out aps relationship with edig. All imho/

[Cassandra]

Moxa: I didn't hear them say anything about some entity requiring them to stop selling the Odyssey 1000. In fact, they released the PR about offering 40 GB and 15 GB versions after they announced that an "Asian OEM" had licensed the platform.

Since they have admitted multiple times in the past that sales of the Ody were disappointing, it appears they wisely decided to give up their massively failed attempt at retailing their own branded products. The retail model created 5 quarters with negative gross profit. Getting rid of a financial drain was a good move IMO.

[niz]

It was a good presentation today. I think they will announce something about the "major 2 OEM's with enormous revenue potential" by the end of January as they said they were confident they will be closed soon...I said it last time on the last CC when I heard them talk about IFE being as their main focus...This is obviously where the big bucks are going to be made. They said with a couple of orders from these airlines, it could make the company profitable real quick. It offers the best margins for the company. This is where they will focusing the majority of the business IMO. Gateway was announced, but that was already known. F-10 is in full production, got a nice reception at the meeting. Good they got rid of the O-1000 retail selling. They already said they cant sell it like Gateway who has alot more marketing power. Now they are solely focused on the OEM business. It also sounded like more orders for the Disney Wireless headsets were coming in as he talked about more parks...

I know I'll think of more and I need to listen to the webcast again cause the audio quality wasnt that great...but thats off the top of my head.