Replies to post #31548 on e.Digital Corporation (fka EDIG)

[sricket]

sunsetstrip, you realize you are dissapointing
Butanyhow.

[But Anyway]

sunsetstrip,

Okay, I can understand how it wouldn't concern you in the least bit.

No reason to be concerned that:

1) The June 1999 EDIG 10K reported a 2.5% position in JABRA.

2) In May 2000 GN announced the acquisition of JABRA for $40 million plus possibly an additional $35 million.

3) The June 2000 EDIG 10K had absolutely no reference to JABRA, or the corporation's ownership in JABRA or total divestment of JABRA.

4) In August of 2000 the acquisition was completed.

5) The February 2001 EDIG 10Q refers to a “gain on the sale of investment” of $30,124.

6) Three of the four managers are still with the company, Elwood Norris being the exception.

Obviously the minimum amount of $1 million or maximum amount of $1.875 million would have benefitted the corporation, and the shareholders, a class of which you were and are, a heck more than the measly $30,124 it received.

The other question is who benefitted from $969,876-$1,844,876 in value that was misappropriated from the corporation?

Technological visionaries or your garden-variety corporate thieves?

More to come..