The title of the document is as follows:...
"e.Digital Reports Profitable Q2 2010 Financial Results'
Q 2 2010 ended on September 30, 2009...
What follows is a quote from the PR which is clear and concise. It notes that of the $1.5 MILLION revenue reported for Q 2 2010, " $1.25 million was from licensing fees from the company's Falsh-R patent portfolio"
"e.Digital Corporation (OTCBB: EDIG), a leading technology innovator of dedicated portable entertainment systems and patented flash memory-related technology, today reported revenues for fiscal Q2 2010 ended September 30, 2009 totaled $1.5 million, compared to revenues of $1.8 million for fiscal Q2 2009. Q2 2010 revenues included $1.25 million in licensing fees from the Company's Flash-R™ patent portfolio."...
There is nothing in the PR that the source of the $1.25 Million licensing fee was Samsung...
My recollection of the Samsung Settlement is that although the parties filed PACER documents showing they had reached a sttlement in principle before the September 30th, 2009, they also filed Motions with the Court seeking extentions of time to October 19th, and then October 26th to perfect details of their alleged settlement...
It is illogical to assume any funds had been exchanged between the parties before Septemeber 30th 2009, the end of time for Q 2 2010 reporting of income...
I am amazed about all the frenzy created here on the assumption that the "SAMSUNG Settlement" is a part of the $1.25 million discussed by the company in the PR as the amount of Licensing Fees realized before the end of September 2009...
GLTA
