Free
Message: $8.5 MILLION COMMON STOCK PURCHASE AGREEMENT

The first highlight is easy to say as their intent pre-trail with digEcor.

Again, eVU production - they already had a financier for production.  eVU promotion would make sense though.

Patent portfolio - if they are truly trying to engage a law firm on a pure contingency basis, what are the costs to EDIG?  Research? I would suspect that the research information desired of EDIG would have been already put together for the most part. The prospective law firms, I would think, would do further research fairly independently to ascertain an unbiased view of patent viability/actual infringement before sticking their necks out.

As for your response re: selling shares on the open market, I agree that if done in one day or even a week, the PPS would take a major hit (perhaps even below 12 cents).  But note I suggested "tactfully", like over a couple of months (e.g. 3M shares sold over 30 trading days would only be 100K shares per day - easily absorbed with no likely impact considering recent PPS performance).

Again, JMHO and I KNOW nuttin'! (and will now STFU and let the chips fall).

SGE

Share
New Message
Please login to post a reply