Replies to post #82084 on e.Digital Corporation (fka EDIG)

[QuietTim]

Wow!I'm glad I sold out at higher prices.Even if they collect 10k from 15 customers it would be 150k!That is not what people were expecting here.EDIG will dive from these levels.imho
glta

[heybrad]

Cass I am not reading this the same way. It clearly says there were no new license agreements for 2013. My guess until I have time to compare the last sec filing is that this is ongoing royalty payments from rounds one and two.

It's weird becuase in the SEC filing it says it came from 4 companies. I didn't know we had 4 royalty agreements from before. But 4 companies for a total of 11,000 seems extremel;y week.

[Cassandra]

I erred in stating that the entire $11,669 was booked in QE 3/31/13. $2,000 of that total was booked in QE 9/30/12 so the total booked in QE 3/31/13 was only $9,669. There was no licensing income booked in the other two quarters of FYE 3/31/13.

The source of the new $9,669 licensing income booked in Q4 is unknown. Clearly it is a settlement from one or more of the California defendants. IMO it is likely KORG but could be both KORG and iriver.

Sorry for the error. Because the annual report does not show financial statements for the 4th quarter individually, I erred in only looking at the previous 10-Q instead of reviewing all three 10-Qs for the fiscal year.

QE 9/30/12 is the only FY 2013 10-Q that booked any licensing income. It shows $2,000 in licensing income: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8911793

The other two quarters show no licensing income:

QE 12/31/12: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9081671

QE 6/30/12: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8761257