Replies to post #64337 on e.Digital Corporation (fka EDIG)

[owd3]

They had no choice...

"without gaining a good CEO?"

since they are actually keeping Falk around as some type of Officer Goofer or another, they could not justify bringing in another "officer" for a company with 18 employees. How many CEO's, Presidents, VP's and BoD memebers do you need for an 18 employee company.

It is just another slap in the face to shareholdrs to have this clown around, with full salary and 400K fresh "in the money" options, to take the faxs from APS off the machine and hand them to the folks that do the work.

I would love to be a fly on the wall around lunch time- "gosh darn it Fred, I said NO PICKLES on that, now check and make sure there is paper in the fax machine."

[doni]

"do we lose a good engineer without gaining a good CEO?"


More than enough engineers to go around....they do not have to be as proficient....MOS will take care of that.



Like everything else....That is the nature of the game
doni

[friendlyfred]

I think people on both sides of the fence are making too big a deal out of the management change. Until edig is successful at having an oem license its platform(s) and actually produce one or more of them in decent quantities for an extended period of time it wont matter who is in charge. In the past all the company has done is use questionable methods of financing to stay alive in hopes of landing the big one. Some neat products here and there but in the real world (sec filings) it doesnt matter. The retail model was under funded and flopped and so far the licensing model has flopped due to the evolution and availability of hard drives. I have a feeling that atul has been proactive for some time in a management capacity and I fully agree with an agora poster that the company will evolve into an extension of ittiam. Imo the longer the company goes without a "home run" the less the chances that we as shareholders will see a return on our investment. The company has a history of losing money on engineering fees alone and imo could possibly exist for quite some time by supplementing their losses with occasional "friendly investments" but this does us no good. Imo for those who invested conservatively based on their belief in the technology there will be less pain but for those who gambled hard every day they read that "Robert was upbeat today" it will be worse/