Replies to post #34678 on e.Digital Corporation (fka EDIG)

[Gilgamash]

DABOSS...NO MANDATORY DILUTION ON JUNE 3OTH...

Here is the company's statement on what may happen on June 30th...

Regards...Gilgamash...


Subject: Robert just called back
From EDIGOKIE
PostID 249290 On Wednesday, April 23, 2003 (EST) at 6:52:04 PM

--------------------------------------------------------------------------------

We talked again about the shares for June 30. I guess he and Ran realized what all the hulabaloo was about. The financing agreement from last year will require the registration of shares unless the approx 2 million is paid back or renegotiated. Robert reminded me that the shares, IF REGISTERED, would be at the .19 level per the agreement. Recall the agreement was at .22, but the price dropped and settled the registration amount at .19. That would equate to about 10 million shares if the company goes that route. Robert also stated these are investors who are friendly to e.Digital (as in Nevada Plasma Antenna) and have worked with us in the past. They hold a lot of shares already and may not desire additional dilution and, thus, may opt for some other agreement. The key is revenue and Robert assured me that is e.Digital's total focus right now. All in all I feel very good at where we are. Yeah, I know, some will accuse me of being Pollyanna. So be it. I have renewed confidence and will definitely continue to hold. Would buy if I had the cash. Do your own DD and make your own decisions. Good luck.
Kirk