Replies to post #31282 on e.Digital Corporation (fka EDIG)

[SSI]

MATT>>Why in the Hell don't you resign?

[Tinroad]

Matt, you are still young; some things take years to validate as Truth. One thing I can perhaps give you a heads-up on is the prevalence of altruism. It has been my experience over 50+ years that truly altruistic people are an endangered species; narrow the field to matters involving money and they become rarer than chicken teeth. With regards to those who are so intent upon saving we EDIG stockholders from ourselves, Thoreau's Law is very apt: 'If you see a man approaching you with the obvious intention of doing you good, you should run for your life.' (Of course, Hanlon's Razor may give the bashers an out: 'One should never attribute to malice that which can be explained adequately by stupidity.')

[D.inkie]

'IH Admin (Matt)

Know that the demise of this board was brought about by your policy.
You gave the board the ability to moderate itself and then you decided to take it away.
You have not allowed reasonable opposition to take place, you have allowed bashers whose only goal is to disrupt.

[DABOSS]

Matt, you've got a lot to learn. Congratulations on having been manipulated by the same forces that ruined the Raging Bull chat room.

[JimC1997]

Matt, what you have accomplished on this board is remarkable. You build a very nice site with features that combined the best of Silicon Investor (such as private mailboxes) and Raging Bull plus a few great new ideas (like chat rooms).

You gathered moderators who really cared about the discussion groups that they monitored, gave them authority to keep the conversation on topic and encouraged a friendly atmosphere.

This site had clearly overtaken Raging Bull as the predominate location for serious discussion of e.Digital and the best proof of that was that the membership here (free from interference by the psychotic bashers who have fouled Raging Bull) was finally beginning to enjoy really open discussion. The discussion and serious criticism of the company's management and business model here by true longs was far more open than it ever could be on Raging Bull, simply because the posters could respect each other's opinions far more since they emanated from fellow investors who had risked real capital on this venture. We all know each other here and while the levels of knowledge and rationality might vary, the goal of all was the same - to assess the risks and potential of this investment and to (hopefully) watch it rise in value over time. Some might have felt bitter or betrayed that the company has not yet met our lofty collective expectations, but all who posted here still obviously believed that the potential return justified the obvious risk.

The rationale for denying posting rights to pure bashers is inescapable:

Why would any serious investor bother to have any conversation with some painfully sick individual who had posted 10,000 times on a stock which they did not own? No explanation for their psychotic behavior can possibly justify it or induce a sane individual to waste time in "serious" conversation with such persons.

As I said, you built a great site here. But you failed to understand a simple fact about investors. We cannot be forced to welcome into our midst those whose sole rai·sons d'être is the destruction of our capital.

The EDIG board was by far your most popular single stock message board and consequently an element of great value to your enterprise here.

Unfortunately, your recent actions have likely destroyed that asset.

Goodbye.

JimC1997