Re: Good announcement...longt... I think your concerns
in response to
by
posted on
Sep 25, 2008 09:45PM
mguru,
If EDIG could take merely $5 million per settlement but get all 180 this year, would it be worth it?
That's $900 million...think most of those companies would jump at a chance to get off the hook for a mere $5 million?
Granted deals have been referenced to be in the hundreds of millions by management, which indicates a much bigger piece of the pie, but what a strategy to contact all 180 and offer, if 100% settle now for $5 or $10 million then we call it a day.....not a likely scenario but it just shows how big this opportunity could be.
A bird in the hand and a billion dollars? What would we do then?
LOL...gotta love that we have finally hit this day in real time.
And what the heck is this stock still doing under $.50 ?
DB