We are extremely fortunate that EDIG is looking at larger margins and probably lower costs with its IP business model.
Could you imagine if management had not embarked on this when they did and we were dependant on eVU sales in this current climate? IFE still holds promise but it's not a matter of the eVU, but rather market conditions out of our control.
It's an amazing turn of events. The key will be when they cross over to profitability based on this model, smack dab in the middle of a global recession.
A good time for EDIG to be accumulating cash reserves in sharp contrast to what other companies are experiencing.
I look forward to the coming business update.
