have to hang our hats on this statement? Regarding the company's efforts to monetize its flash memory-based patent portfolio, Blakeley said, "IP veteran Pat Nunally, management, and outside law firms have intensified patent due diligence and the evaluation of the licensing potential of e.Digital's patent portfolio to companies in the cell phone, PDA/Pocket PC, portable A/V recorder, digital camera, camcorder, and other portable device industries. With the rapid proliferation of flash memory in portable devices we see significant licensing opportunities to monetize our important patent portfolio. We look forward to providing more information about this and other business developments this quarter."