Free
Message: I like this part from the 8-K

Sep 15, 2009 09:44AM
2
Sep 15, 2009 09:45AM
2
Sep 15, 2009 09:48AM

Sep 15, 2009 09:51AM
2
Sep 15, 2009 09:54AM

Sep 15, 2009 09:55AM
1
Sep 15, 2009 10:01AM

At June 30, 2009 the Company had an accrual of $80,000 related to a deposit for batteries made by digEcor and had an additional accrual of $100,000 based on a previous settlement offer. The Company is evaluating the impact this favorable ruling and any possible cost recoveries will have on the amounts accrued in its financial statements and expects to reduce the accrual at September 30, 2009.

It sounds like e.Digital could go after some costs from digEcor.

Share
New Message
Please login to post a reply