Replies to post #27751 on e.Digital Corporation (fka EDIG)

[tolstoy-00]

Stephen, It's called contract manufacturing. The airlines fund it just as Fujitsu is funding the manufacture of the Eclipse. EDIG gets a deposit and the final payment after delivery. The O1000 is a retail item. It only has potential customers, therefore it must be funded by EDIG.


I hope this helps

[Sentinel]

They aren't supplying ANYbody yet. They are paid NRE fees for development and a certain intial number, by the initial airline, through APS (our customer). IF the system proves successful, other airlines will contract with APS (presumably) for EDIG to make additional units. The money for those units will be from those additional contracts. Think these things through before spinning. Thanks in advance.