Replies to post #69052 on e.Digital Corporation (fka EDIG)

[chwdrhed]

Don't worry. Your negative, faithless, dwelling on the past, not knowing what you own, comments...


...are welcome here.

[hollywoodhills]

Orugun..I have left the Agora board some time ago.. I was called a basher..a malcontent..a trouble maker... THE TRUTH was all I wanted..no more no less. You won't find it there..and you certainly will not get it from the company unless shareholders band together and demand it.

HH

[Justin]

'Orygun', lol, I understand the feeling of being Duped...

arkie

[1eyejack]

Good investment and EDIG.

They do not belong in the same sentence.

[JHawk103]

ORY, what is it about Basso

that makes you nervous? They have invested in many many small compaines. Some have done quite well.

John

[Cassandra]

Orygun: The problem with reading agora as a main disussion board and source of information is that the SEC filings are rarely discussed because they contain the details that the shills and hypesters don't want known.

The Schelule 13G regarding the beneficial ownership of the Basso entities was discussed here when the filing was released. Additionally the structure of e.Digital's convertible preferred shares has also been discussed.

http://www.investorshub.com/boards/replies.asp?msg=5701228

Each series of CP shares has been a PIPE and some have had well known offshore PIPE investors - the Series C in 2000 being the best example in which the stock was shorted from the mid $4 range down to the low $1 range. It did recover a bit after all of the Series C shares were converted.

e.Digital management knows full well that these types of financings have a very negative effect on the share price but engage in them anyway. The details are in the filings, but they know that very few shareholders read them.

You may consider me a "basher" but I do my best to research the filings and explain them here. It doesn't take an expert to understand them, but it does take a careful reading of them. Here is a good link to them:

http://www.pinksheets.com/quote/filings.jsp?symbol=EDIG

FWIW, now that you are realizing that not everyone is who they appear to be, you may want to consider why the hypesters lable anyone with not-so-positive information (no matter how factual) to be a basher in cahoots with MMs or shorts.

That is a myth they created in an attempt to discredit even legitimate information. I don't believe there has ever been a boiler room of "bashers" ever found by the SEC however there have been many pumper boiler rooms busted. Furthermore the SEC warns about hypesters and shills intentionally deceiving investors of microcap stocks whereas they do not warn about "bashers."

I really do hope you are able to make out well with e.Digital but listening to the hypesters on agora is ill advised IMO.

[Cassandra]

BTW, Basso is not the only hedge fund in the Series EE CP (PIPE) financing. They simply bought the lion's share:

 
  
 COMMON        COMMON      COMMON   TOTAL COMMON                            SHARES OF 
                                         STOCK         STOCK       STOCK          STOCK     MAXIMUM                   COMMON 
                                    UNDERLYING    UNDERLYING  UNDERLYING   BENEFICIALLY   NUMBER OF                    STOCK 
                                     SERIES EE     SERIES EE      COMMON          OWNED      SHARES             BENEFICIALLY 
                                     PREFERRED  COMMON STOCK       STOCK         BEFORE     OFFERED              OWNED AFTER 
                                         STOCK      WARRANTS    WARRANTS       OFFERING      HEREBY                 OFFERING 
                                         -----      --------    --------       --------      ------                 -------- 
                                           (1)           (2)         (3)            (4)         (5) 
 SELLING STOCKHOLDER NAME               NUMBER        NUMBER      NUMBER         NUMBER      NUMBER            NUMBER      % 
 ------------------------               ------        ------      ------         ------      ------            ------   ---- 
 Bristol Investment Fund, Ltd.       1,831,579       600,000           -      1,823,468   2,431,579    (6)          -      * 
 Basso Private Opportunity 
 Holding Fund, Ltd                   1,678,947       550,000           -      1,779,512   2,228,947    (7)    108,000      * 
 Basso Multi-Strategy Holding 
 Fund Ltd.                           5,952,632     1,950,000           -      5,926,268   7,902,632    (8)          -      * 
  
 AJW Partners, LLC                     195,368        64,000           -        194,504     259,368    (9)          -      * 
 New Millennium Capital Partners 
 II, LLC                                24,421         8,000           -         24,312      32,421   (10)          -      * 
  
 AJW Offshore, Ltd.                    500,632       164,000           -        498,416     664,632   (11)          -      * 
  
 AJW Qualified Partners, LLC           500,632       164,000           -        498,416     664,632   (12)          -      * 
  
 Rock Capital Partners                 305,263       100,000           -        303,376     405,263   (13)          -      * 
  
 Michael Stone                         152,632        50,000           -        151,688     202,632   (14)          -      * 
  
 Robert Seguso                         152,632        50,000           -        151,688     202,632   (15)          -      * 
  
 Michael Hamblett                            -       174,000           -        246,000     174,000   (16)     72,000      * 
  
 Anthony Spatacco Jr.                        -        87,000           -        105,000      87,000   (17)     18,000      * 
  
 Imtiaz Khan                                 -         2,500           -          2,500       2,500   (18)          -      * 
  
 Bruce Meyers                                -          ,500           -          2,500       2,500   (19)          -      * 
  
 Terrence Brown                              -        15,000           -         15,000      15,000   (20)          -      * 
  
 Meyers Associates, LP                       -         2,000           -          2,000       2,000   (21)          -      * 
  
 Starboard Capital Markets, LLC              -        87,000           -        166,200      87,000   (22)     79,200      * 
  
 David A Polis Trust dated 6/28/01           -             -      50,000        150,579      50,000   (23)    100,579      * 
  
 Eric N. Polis Trust                         -             -     100,000        540,214     100,000   (24)    440,214      * 
  
 Jerry E. Polis Family Trust                 -             -     250,000      8,517,500     250,000   (25)  8,267,500   4.8% 
  
 Victor Gabourel                             -             -     100,000        455,667     100,000   (26)    355,667      * 
  
 Robert Kaplan                               -             -     100,000        100,000     100,000   (27)          -      * 
  
 Richard Daniels                             -             -     100,000      2,578,612     100,000   (28)  2,478,612   1.5% 
  
 Wayne Opperman                              -             -     300,000        447,667     300,000   (29)    147,667      * 
  
 James & Josephine Zolin, JTWROS             -             -     400,000        741,858     400,000   (30)    341,858      * 
  
 Sunrise Capital, Inc                        -             -     400,000      2,851,096     400,000   (31)  2,451,096   1.5% 
                                  ---------------------------------------              ------------- 
                                    11,294,738     4,070,000   1,800,000                 17,164,738 
                                  ---------------------------------------              -------------