Do you think the CEO's of Phillips and Sony will be on the call for the announcement of these historic deals?? And since these deals with the powerhouse CE companies is clearly worth hundreds of millions of dollars to EDIG, then there is no way we will see much additional dilution announces at the same time, right?
Because EDIG will take these "unprecedented" deals worth hundreds of millions of dollars and march straight to the a bank and not only borrow enough money at 2% to fund operations for the next 5 years, but with huge contracts like this in hand, signed and done, EDIG will be able to secure enough conventional financing to retire ALL the high interest debt they have outstanding at this point (without issuing shares).
As a matter of fact, with the meteoric ride the stock price is about to take based on these HUGE deals, there is no way that EDIG can be on the hook for more than the 2-3M millions shares required for conversion based on the price the day of the agreement. The only way they could be on the hook for more is if the price was going down from here, right? They certainly are not going to plan on that with these huge deals now signed!!
So the news Thursday, should be the huge deals, registration of no more than the minimum required 2-3M shares, and based on the revenue guaranteed by the huge contracts, conversion of all high interest debt to conventional loans with standard rates from a reputable bank.
If they cannot use these HUGE deals to secure conventional financing and they also register more than the minimum number of shares required, then something doesn't quite add up.
Or you could be wrong I guess.
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