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Message: Debt

Debt

posted on May 24, 2009 07:06PM

I know, I know...I said to get away from your computers and here I sit.

I started wondering how much debt EDIG currently has. From the 10 Feb 09 quarterly report, they identified debt as follows: a secured note for $300K, an unsecured note for $40K and and unsecured convertible term debt of $528K. However in an 8-K they filed on 23 Mar 09, they reported they had paid off the $300K and $40K notes. Looks to me like they only have the $528K left.

Am I missing something? Does anyone know if there is more debt I haven't mentioned? TIA

Sure would like to see that they've paid the remaining $528K in the annual report due in June 09.

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