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Re: Any....

posted on Mar 13, 2009 05:59PM

"EDIG has essentially abandoned the IFE & other applications for their eVu."

How did you come to this conclusion? Less than 2 months ago, they announced this in a PR which hardly sounds like abandonment of their eVU:

“While we have a great record of innovation, until recently, we have not had the resources to grow our eVU business into other markets beyond in flight entertainment (IFE),” continued Cocumelli. “With the recent and expected influx of new licensing revenues, we are in a better position to pursue business opportunities and partnerships in the medical industry, and in other segments of the travel and leisure industry. Fred Falk’s experience in building and managing partnering and licensing relationships align with the Company’s shift in business direction. We’re happy to have him back at the helm.”

“We are encouraged by our recent IP success and Robert Putnam, our senior vice president, will continue to manage our patent portfolio monetization efforts,” remarked Fred Falk. “Our strategy is to expand our eVU business through partnering with companies that share our vision of building a successful full service, dedicated portable entertainment business in multiple markets.”

Also, you said your facts may have been a 'little sketchy'. If they're sketchy, are they facts at all? Isn't a fact true in every aspect?

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