Replies to post #32298 on e.Digital Corporation (fka EDIG)

[wm_wallace2000]

CDR: Honestly speaking..The doors are still open because they have issued tens of millions of shares in an act of desperation to survive and to compensate for their own lack of ability to MAKE A PROFIT in their history which to survive on. Basically, they are freeloaders. They are they same as an unemployed son-in-law sitting on the in-laws couch eating a meatball hero that they paid for.

Likewise, they issue tons of these shares to reward themselves handsomely for their incompetence and failure in running this company, while loosing ALL their shareholder's money.

So let's call reality, "reality", shall we????

It does not take any talent nor management savy to print money via stock in a bad economy to survive, it takes talent to be profitable and give some returns back to your shareholders in a bad economy.

The nauseating financials of this company, its outrageous 140 M float for a $2 million revenue company, and the void of management credibility is a triumphant that no deal, no tactic, or no "positive" Putnam spin will overcome in the long run...

So you saying they deserve credit for surviving...is completing missing the essence of the issue.

Sometimes that glass is half full is the balance of the water in it is tainted...