Replies to post #76585 on e.Digital Corporation (fka EDIG)

[1Coyote]

Just curious, have you ever run a business? If so has it been with a common product or a brand new one that's never been marketed before?

Do you know how many companies (typically small ones) have been ripped off for their brand new widget? Do you have any idea at all how many products we use on a daily basis, produced by companies we assume are responsible for creating it that were just ripped off from someone else?

Management of said small companies may be inexperienced, crooked or just plain stupid. Or they may be up against big companies with a ton of money, who break agreements, steal your product and out market you. Or they may be any combination of the above.

Take most armchair brainiacs that spout off about this or that, basically stating things as fact when they really don't know and don't have the information or experience necessary to discern the truth. Put them in charge of a company like this...lets see if the doors are still open in 10 years. It would most likely be a great comedy.

Coyote

[Cassandra]

Bill Boyer is back in the IFE business with Skycast Solutions: http://skycastsolutions.com/

If Boyer hadn't come along when he did with a contract to create and manufacture his digEplayer, e.Digital would likely not have survived much longer as its digial audio players were monumental flops with product costs being twice that of sales. The music player business caused severe insolvency, which Putnam later admitted to shareholders almost put the company out of business.

The EDIG patent monetization business plan didn't come about until after PTSC had some success with it and its share price rocketed after it paid a dividend.

Although e.Digital was able to get a series of nuisance value settlements, the share price never benefited as they were much less than what shareholders expected. Even that gravy train stopped with the Markman ruling, which caused the SP to finally break the $0.06 low reached in Jan. 1999. EDIG stock dropped to as low as $0.015 in the months following the ruling and seems stuck at around $0.03 on low volume.

What is the future for e.Digital? The infringement nuisance settlements from the Flash patents are over, the eVu business is virtually dead and the company has applied for some new patents on inventions they do not practice. There is nothing that would interest new investors to buy EDIG stock.

The only thing that could stimulate interest would be a whole new regime of management and directors that would bring some a new vision and plan of action for the future.