The argument you suggest is based on receiving the entire net income, 173 million, in a single year to attain the earnings at $.58 per share.

More realistically, the income will come in over a 3 year or even a 5 year period. The 3 year would yield approx. 58 million profit based on the numbers you suggest, an average of 1.7 million per settlement. If the average settlement is greater, than the income would be improved, however if it takes longer than 3 years, then the income is reduced.

Using 3 years the net earnings calculate to approx. 58 million or or $.20 cents per share. Using a PE of 5, 10, or 15 the pps computes to $1.00, $2.00, or $3.00 per share.

There is the element of time involved in the DM patent process, even EDIG management has stated that it may take 3 years or longer. The single year you suggest is wrong and should be considered as excessive hype.

I hope newcomers to the board take some of the info with a grain of salt. A big difference between what's real and what's outright hype.

The comment is based on the data you presented, and is not directed to you as a quality board member.

Richard