Dirty game, aint it? Imo edig is now heading to the point of no return ( near future at least ). Putnam is already alluding to more shares being sold, most likely at a lower price and dropping the "bottom" out of the previous deals. What good is 50 million shares if they go for 5 cents a piece? The lower the price, the more they need to sell. I envision a reverse split if the additional shares are approved by the shareholders to raise the price and give some value to any shares that are sold.
Imo they werent able to become profitable soon enough to avoid the fonix syndrome. I dont foresee any shareholder value in the near future and I wouldnt advise anyone to "average down". Just my opinion of course and I could be wrong. Maybe they just signed a huge kiosk deal that we dont know about. lol