Re: For what it's worth (Hey...SP)
posted on
Dec 15, 2008 04:58PM
LL, the share price and volume will improve once EDIG begins using their IP settlement money to further the eVU in other applications with success. We can see the truth in that by looking at PTSC. All their IP money and no business model has them at 16 cents. It’s been less than 2 weeks since EDIG announced,
“Our strategy is to utilize our growing IP-related revenues and intellectual property assets to fund and expand our eVU™ dedicated portable entertainment system business into the medical industry and other segments of the travel and leisure industry.”
To watch the share price and volume daily expecting 100% gains at this early stage of their plans to expand their eVU business is pretty lame. They have two settlements so far. The first basically paid for their operating expenses in 2Q 2009. We don’t know how much the Casio settlement was for (yet) but Blakeley’s had the money around 2 weeks. I for one don’t expect him to have Royal Caribbean, Princess and Norwegian cruise lines signed up already.
I am extremely happy with Will Blakeley’s performance since coming on board in 2005 and how he’s turned this company around. I say give the man a longer Presidential leash now that he’s starting to get the money he needs to generate more business in the medical and travel/leisure industries.
However, this is all moot because thekid37 didn’t say he was frustrated with the pps or volume. He’s frustrated with the ‘lack of news’. What a hoot.
Best regards,
Mike