Once EDIG issues more shares, voted on by current share holders, and puts that cash in the bank, they used it to operate the business.
Once the shares are held by the public, it matters not to EDIG whether holders sit on them, or sell them to another. Shares in float going from one person to the next, does nothing to help EDIG.
Unless I'm missing something, those of us who have not sold a single share in 10 years (9 for me) makes no never mind to EDIG.
What kept the doors open is:
- issuing shares, then more shares as approved by share holder vote
- sales of product
- outside financing...loans
- RP himself...I think people have forgotten that he participated in $750,000 of financing, along with some others, but I do not recall how much of the $750K was his?
- 6 settlements thus far
Make sense to all?
