Re: Share price & settlement $
posted on
Sep 08, 2008 03:12PM
$20 Million NET / year would be tremendous considering the size of top line revenues it takes to generate profits in that neighborhood.
With EDIG's ridiculously low burn rate contrasted to a net of $20 million, this company experiences a paradigm shift and we go north in a hurry.
And that's only based on 10 infringers.
It's too early, imo, to implement a share buy back. Management should take all resources and put them into new business development, whether it's R&D or mergers and acquisitions...afterall, why buy back shares of a company without a core business when you can grow it to increase shareholder value?
And let's hope they don't do what ptsc did and issue a dividend....I still can't believe they did that with their early settlements....a penny stock with its first windfall and they give it to those who just experienced a 100 bagger. It would appear shareholders were already handsomely rewarded for their patience with the dramatic appreciation in share price. They could use those dollars today, no doubt.