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Message: Re: Nothing on PACER today-SS
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Dec 10, 2008 06:32PM

Thanks for the pacer info.

Let me ask you, it appears to me that EDIG has about $1.1 million in debt, with just over $650K of that being convertibles...so really about $440K in notes.

Is that the way you read it?

Debt and Other Commitments
We currently have a secured note for $400,000 due on December 23, 2008, an unsecured note for $40,000 due in July 2009 and an unsecured convertible term debt with a principal amount of $656,943. We made $120,000 of term note principal and interest payments through the issuance of common shares during the first six months. Our plans are to make future principal and interest payments with shares of common stock, subject to maintaining the $0.10 minimum share price and other covenants of the term loan.


Dec 11, 2008 06:20PM
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