Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Are you running the golf tournament this year at the SHM? Tia
DOCTOR.Nunally.will.save us! He has the PATTENS! Tweeter is where U can find him. IN my opinion.
https://twitter.com/nunally?lang=en
EDIG registration revoked:
https://www.sec.gov/litigation/admin/2019/34-85380.pdf
EDIG..GOOD RISK REWARD PLAY!!! read THE NEWS>>>>>
Right there in black and white my friends! (my bolding)
LOTS of exciting stuff here peeps! WE GOOD! How can this possibly go wrong.
https://insiderfinancial.com/e-digital-corporation-otcmktsedig-is-a-good-riskreward-play/143092/
ByJarrod WessonPosted on July 17, 2017 COMMENTS
Intellectual property licensing company, e.Digital Corporation (OTCMKTS:EDIG), declined sharply in July after the company decided to file for bankruptcy. The share price went from trading at the level of $0.03 to touch $0.0007 on July 14, 2017. We went through the latest news as well as quarterly reports and concluded that the market’s reaction may be exaggerated.
The company is a holding company that manages IP assets. The business objective of the company as stated in the annual report is:
“e.Digital Corporation They are an intellectual property licensing company developing and pursuing licensing of three intellectual property portfolios: context and interpersonal awareness systems (“Nunchi®” technology), advanced data security technologies (“microSignet™” technology) and secure communication technologies (“Synap™” technology).” Source
More specifically, according to the company’s website, Nunchi operates assets in the “areas of health, wellness, emergency response, security monitoring, personal safety, social and professional networking among others.” microSignet operates assets in the semiconductor sector. Synap owns intellectual property that is useful for the security and communications industry.
How does the company make the money?
e.Digital owns intellectual property that is used to help businesses develop its activities, and also finds companies infringing on EDIG’s patent rights to sue them. There are many other competitors operating the same business model in the United States. They all have the same necessity; a lot of cash. Why? Because cash is needed to launch law actions against other companies. If the IP agents run out of cash, they cannot operate any more. But, they leave a great gem hidden on the balance sheet; the patents accumulated.
Recent Developments
The company seemed to be operating normally. On Feb. 14, 2017, it declared the results for its last quarter. We will have a look at the balance sheet later, but the financial figures from the income statement seemed very good.
Net income of $73,365 for the third quarter of fiscal 2017 as compared to a net loss of $363,869 for the prior year’s same period.
Two patent licenses signed in the quarter with revenues of $151,000, while no revenue was reported in the same period in 2016.
Additionally, the company updated the market regarding its operations, and nothing dramatic was announced. These were the most remarkable words of Fred Falk, the CEO of e.Digital:
“The cyber security space is a notoriously difficult space to penetrate without long standing relationships or the financial resources to support product development, but can be very lucrative once a foothold is established. We continue to meet with potential investors and partners that could allow us to bring products to this burgeoning and expansive industry which is expected to grow to $170 billion annually by 2020.” Source
New patents were announced in 2017. On May 3, 2017, it was reported that e.Digital Corporation announced that the United States Patent and Trademark Office had granted them U.S. Patent 9,641,664. Fred Falk, President and CEO of e.Digital Corporation, said:
“This is the tenth patent granted into the foundational Nunchi® patent portfolio that we believe is poised to play a key role in the future of mobile communications and the Internet of Things. The claims of this new patent address specific applications of Nunchi in transportation and infrastructure, as well as providing additional coverage in the growing Internet of Things space.” Source
Additionally, new directors decided to work for the company. Would these directors join a company that is close to bankruptcy?. Not at all. On Oct. 12, 2016, e.Digital Corporation declared the appointment of Don Springer as an independent director. The CFO, MarDee Haring-Layton, was appointed as Corporate Secretary. Fred Falk, President and CEO of Digital, uttered these words:
“Don is an experienced international executive and has built a successful business providing companies, their board of directors, and executives, with valuable knowledge and direction as a result of his extensive career. We are excited that he has joined our Board, outside of his business, and we look forward to benefitting from his judgement and expertise.” Sourc
PATTENS! WE GOT EM! Cant stop GLOBAL DOMINATION! Just read the gosh darn PRs full of potential!
Can NUNCHI do EVERYTHING? YES!!!! Hey.ya.gotta BELIEVE! We good imo imo imo. Where is LGJ!
Never, you gotta lotta heart. Keep it going. I’m in hoping for the best. I remember when I did well in the hay day here before the crash.
Dont.B.chas'N da tail! ONE.EDIG.PR and its.TO.DA.MOON! Best to get in ahead of da news. Just read the gosh darn PRs about the pattens. NO WAY this cant make money. Just look at all the potential Mr. Falk laid out for us! Something has gotta hit pay dirt. In my opinion.
Fred Falk will gladly sell you and anyone else some more. Perhaps next time he has a garage sale there will be some out on the table for public inspection.
wsj
Anybody gotta.a.link.2 buy EDIG shares? "Dark web"perhaps? These prices seem like a steal! Check out this recent PR! New pattens! Hard to find info these days on this stoch. My bolding on the below! Looks real good for those in the know! PATTENS!
https://www.prnewswire.com/news-releases/edigital-granted-new-patent-for-interpersonal-awareness-and-the-internet-of-things-technologies-300438803.html
SAN DIEGO, April 12, 2017 /PRNewswire/ --e.Digital Corporation (OTCQB: EDIG), an intellectual property licensing and product development company, today announced that the United States Patent and Trademark Office (USPTO) has granted the Company U.S. Patent 9,622,055.
"This newly granted patent furthers the significance of our Nunchi® patent portfolio and we expect it to strengthen our position when defending our patents against infringement," said Fred Falk, president and CEO of e.Digital Corporation. "This is the ninth patent granted into the foundational Nunchi patent portfolio that we believe is poised to play a key role in the future of mobile communications and the Internet of Things. Over the last thirty days, we have entered into multiple licensing arrangements and we expect to continue to generate revenue through our patent monetization activities. We are also excited about the recent merger between our law firm, Handal & Associates, and Greenspoon Marder. Greenspoon Marder is a nationally recognized firm with over 200 lawyers nationwide. Accordingly, eDigital expects to benefit from the firm's increased resources and access to a nationwide network of attorneys."
The Nunchi patent portfolio includes foundational technologies for mobile and fixed devices, cloud computing and adaptive computing which enable devices to function introspectively, adaptively, and anticipatorily, providing new classes of user experiences, new revenue models and adding value to communications. In some applications, these technologies gather sensor and user data from enabled devices. Processing then interprets surroundings, activities, conditions and the social situation of the user, and acts on that intelligence. The greatest impact of Nunchi technology is realized when all of the layers of local sensor data, historic data, group interaction and world information are integrated together to deliver greater levels of social, business, lifestyle, personal safety, and market intelligence functionality.
Nunchi technologies enable applications in the areas of health, wellness, emergency response, security monitoring, personal safety, social and professional networking, user diaries, communication screening and time management. The Nunchi technology also supports enhanced levels of privacy protection by reacting to user individualities to deliver enhanced privacy and security.
About e.Digital Corporation: For almost 30 years, eDigital's ideas and inventions have impacted the evolution of consumer products. Today, eDigital innovations, including the Nunchi® portfolio, empower many portable consumer electronic products. For more information about eDigital, please visit: www.edigital.com
A Back-ho, and I think some of you will get the pun here,
would be more appropriate in digging that guy up.
wsj
Falkin~A! It could happen~hia~ igotallyourmoney have you shorted sears lately?
Can NUNCHI do everything? YES!!!!! We good.
I could give you a shuffle and start digging.
DISCHIO's logic.left the EDIG.oppostion SPEECHLESS! We need that guy back and his friends. They had this board humming.
My.SPIDEY SENSE.says we good! Buy.EDIG.shares on the.dark web? Anybody know? TIA
EDIG registration revoked:
https://www.sec.gov/litigation/admin/2019/34-85380.pdf
EDIG only resting! We good. IMO IMO IMO
Yes JimC1997 and Moxa1 have loaded the boat. Busybump just had a long talk with Robert and will be posting shortly. igotallyourmoney
GOOOO EDIG! We good. Just a little more patience peeps! Rome was not bilt in a day after all. I think things are going on behind the scenes. Maybe DOCTOR Nunally knows the answer! Somebody should call him and ask or perhaps send an em. Jus say N! IN my opinion.
Mr Falk please come.back.and return.EDIG to GLORY! SO.many.PATTENS! I still think we gonna B rich! With Nunchi, Microsignet (tM) PLUTO! how can tings possible not be YUGE!
Mr.Falk needs.to.come back! Get.things.moving! NUNCHI! World dominating tech! Just read the gosh darn PRs! EDIG got lost of tech and irons in da fire. We good imo.
I am now 100% convinced that it’s not
Great post! Imo JimC KFC
Comments on Fred's letter
I've read through Fred's latest letter and have these initial observations:
1. The letter puts quite a bit of emphasis on trade-marked technology tools
(MicroOS, MicroCAM, M4P2, AIMS)
This suggests that the licensing efforts have become more differentiated, with the company building a rationale for various prices depending upon the technology package employed in the design. It is good to see the company working to increase the perceived value of its engineering services through branding.
2. Engineering staff increases were mentioned, perhaps to reassure that the company continues to grow.
3. In line with the staff increases it was noted that engineering resources have been dedicated to developing new products in four areas:
- Digital video
- Automotive stereo
- Home stereo
- Cellular phone accessories
- Set top boxes
4. e.Digital is working with multiple OEMs to develop branded products in the above applications.
5. Lanier shipments have resumed at a more normal level and seem more likely to continue under the new ownership of the Lanier medical voice products group, but nothing definitive was stated.
6. Revenues would appear to be about $600,000 in the March 31, 2001 quarter. I would guess that about $75,000 will be engineering fees and about $525,000 from cQuence shipments. These revenue estimates can be derived by considering prior years' revenues and the statement that total fiscal year revenue will be "close to equaling the total revenues for the previous three fiscal years combined." Here I read "close to" as meaning "somewhat less."
7. I suspect that little or no revenues will be derived from digital audio players in the fiscal year just ending. Most of the year's revenue is from Lanier. Since the financial results for this quarter will not be released until about June 30, which is also the end of the first quarter of the next year, the company will be in a much better position to discuss music player revenue prospects when the 10-K is actually filed. I do not regard revenues for the year past as significant indicators for the future. Of far more importance is the company's cash situation until the revenues from music players begins to arrive. In this regard Fred simply states that the company has "a good cash position." As shipments of jukeboxes ramp up, the cash flow should be quite good. I would estimate that the licensing income from monthly shipments of about 50,000 juke boxes, coupled with normal Lanier shipments, should be sufficient to cover the company's current cash outflow and bring it to a break-even financially.
8. The much-talked-about production delay speculation was dismissed as "usual initial production and day-to-day parts issues that are being addressed". Clearly Fred does not regard these problems as significant.
9. There was mention, for the first time, of a 5 GB hard disk drive jukebox platform, in addition to the 10 GB and 20 GB versions that we have heard about previously.
10. The speech recognition development for control of HDD jukeboxes was mentioned right after discussing the IBM Travelstar hard drive. I continue to believe that this next generation jukebox will be utilizing IBM's voice technology.
11. Availability of the jukebox at retail was stated to be "within the next quarter" leaving a wide range of possible introduction dates.
12. "Unannounced OEMs and licensees" were referred to, suggesting that contracts have been signed but not yet disclosed. Those relationships will be disclosed only when the products are ready for launch.
13. The relationship with Samsung was clarified by stating that the two DataPlay devices (PCMCIA storage device and a digital music encoder/player) developed for Samsung for the CES are part of a "royalty-bearing agreement"
14. Additional OEM customers with other DataPlay devices are expected to be announced when DataPlay launches its media. This is reported to be in October, 2001.
15. Media coverage should pick up thanks to the work of Fleishman-Hillard.
16. Finally, perhaps most intriguing was the reference to "annoucements concerning other product platforms beyond DataPlay and our HDD-based jukebox platform in the next quarter."
Fred clearly hears the concerns expressed by the shareholders and this would appear to be part of a new program to increase communications with the investors while maintaining compliance with Regulation FD (the SEC prohibition on selective disclosure of material facts and projections.)
I haven't taken the time yet to scan the other message boards, but I suspect that the usual crew of bashers are doing their best to downplay or attack this letter. I suggest that investors form their own opinions and ignore the rantings of that small group of miscreants.
I believe that the letter is informative and straight-forward. The company seems to be making good progress on its business plan and many exciting, positive developments are alluded to by Fred.
You can either believe management and confidently wait for the progress to translate into superior growth for the company, or you can walk away from your shares just before we begin to realize the shareprice appreciation which would occur from business success.
The choice is yours. For me, I have decided. I am going to continue to add to my position.
JimC
Darwood please add Neverending to your list
Is the iPod killer still alive? Asking for my friend JimC1997
Yup...Seems to live in North Las Vegas now..
Must have been promoted...or, sent back..Paranormally of course.
Danl
I saw that the guy you posted the death info for lived in Poway at one time.
I'm guessing that he was one of the "champions" of edig, on this and other boards and that he used his mother's maiden name as his handle.
wsj
Just a guy.....
Who had to get out of town, and get lost.
So who is this guy then?
Interesting...
Maybe he rose...
https://www.spokeo.com/Joseph-Tucker/Nevada/North-Las-Vegas/p2018021001228289016712604414194
People talking about EDIG on another board!!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148277247
Thanks Neverending - I like to dream with you although it looks beyond bleak. But I'll take a miracle any day.
The Ballad of Fred Falk
Fred, Fred, Good Old Fred,
the boy has fled,
he ran and ran,
now he's far away.
Perhaps to junior college,
to get knowledge,
maybe next time,
to the end he'll stay.
wsj
We NEED 2.get.Mr.Fred Falk back.Fix things right up! WE GOOD then back in da money! IMO IMO (in my opinion).
We good! Its just a stutta step.GONNA>B>RICH! The pattens EDIG has R YUGE!
No corporate officers. No BOD. No working web site. No offices, from what anyone can tell.
And on this board it is now shown as "Delisted > e.Digital Corporation (fka EDIG)", where fka stands for "formerly known as."
Or is that "Falk kited away"?
Even the Fantasy Island board has given up.
Edig exists in the hearts and minds of men (only). And those few probably should have their hearts and minds examined by medical professionals.
wsj
Neverending- Are you apparently sure that edig still exists as far as shareholders are concerned?
EDIG Ticker not valid for trading!
EDIG shall.prevail! We will keep FIGHTING and trading IMO IMO! We good.
I expect many got left holding the bag
EDIG registration revoked:
https://www.sec.gov/litigation/admin/2019/34-85380.pdf
I’m thinking it was a side panel at...
The Lion, but I’m not positive... Know Murrayhill, judodog, MaryInRed, tinroad, Dr.Hunt, Packers, JBacca, myself..used to hang there too.. It was shortly after RB went crazy on us...After that came this site, and fantasy island..
Danl, do you remember the name of the place that we could talk & not have interruptions? Thanks
I remember the chat room...
It was at about the time Collier came on board..Chat room lasted about as long as Collier too.
Neverending- Why do you think that this stock filed bankruptcy and apparently closed down it's office without apparently having any direct contact information for this stock apparently available to us???
I.expect.WAVES.of PRs.soon.We are due! 19.years.of.patience.and all these EDIG technologies. I simply do not see how we can miss. Somebody needs to get Mr. Falk on the horn and get this big ol mess straightened out. We good imo. My gut feeling tells me we gonna B rich! In my opinion! (imo)
Hi Neverending. I am very worried how come we haven't apparently heard any news for a long apparent time of this stock????? Does this company still really apparently exist????
NUNCHI!MICROSIGNET!PLUTO SO many.irons in.da.fire.What.could possibly go wrong! In my opinion with all the different tech EDIG has it is still a good bet because only one has to really work out for us 2 B rich! EDIG has always had many things going on at once so as to ensure there would always B a very good reason to invest in the stock as there is potential! In my opinion.
Followers
|
311
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
93824
|
Created
|
12/28/00
|
Type
|
Free
|
Moderators |
Website: http://edigital.comCorporate News: http://ih.advfn.com/p.php?pid=news&symbol=EDIG |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |