Richardo, we are on the same page.
"No matter what, i don't see edig as a company generating a billion dollar revenue stream, even the 480 million I used is generous."
Remember, that $480 million reference point is the bottom line, net...which is equivalent to a company generating billions in top line growth. I keep harping on that. That would make any suitor look at EDIG as if it were a billion dollar company possibly.
I think it is an eye opener to see what sales numbers are required to net out the numbers we are considering for EDIG, should they continue having success on their IP front.
It is mind boggling to see what it takes to net out $23 million to shareholders.
For example look at LNVGY's last Q report.
Quarterly Sales of $4.3 Billion to net $107 million and net of $23 million to shareholders...just as one example.
Lenovo Reports Second Quarter 2008/09 Results
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Quarterly sales of US$4.3 billion
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Quarterly EBITDA of US$107 million
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Pre-tax income of US$39 million
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Profit attributable to shareholders of US$23 million
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Basic EPS of 0.27 US cents, or 2.10 HK cents
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Net cash reserves of US$1.5 billion (as of September 30, 2008)
