Replies to post #17966 on e.Digital Corporation (fka EDIG)

[But Anyway]

According to the FAQ section of e.Digital's website; we completed our portion of the industrial design prior to 20.08.02.

This supports the information disclosed in the recently filed 10Q, stating in no uncertain terms that we have recognized $40,000 of a $55,000 NRE contract, leaving the remaining $15,000 as deferred revenue (I do not expect e.Digital to collect the remaining amount in light of the fact that we completed our work near the beginning of the quarter).

e.Digital is in a position to collect additional revenue from Fujitsu Ten should Fujitsu Ten decide to move forward with the project and enter the manufacturing process.

I was told that e.Digital was/is providing a part for the unit and contracted to manufacture said part should Fujitsu Ten decide to move the project beyond the prototype phase.

It is anyone's guess whether Fujitsu Ten does move forward; Mr. Putnam's email does nothing to shed light on this question given the application of the obligatory disclaimers "expect" and "scheduled".

But Anyway