Quick Math
posted on
Jun 22, 2005 05:07PM
The PR today had more info than I EXPECTed.
Just a quick look at the burn rate and it would seem to be about $252,750 (SG & A total) less about $83,083 in profit / both per month, leaving us with a tab of about $169,667 per month -- or only about 1.13M shares per month @ $0.15 per share.
Not nearly as bad as it could be or is at many tech companies.
They might actually pull this off without asking us for a ton-o-dilution. This is good news IF the deals discussed having a higher margin or much higher revenue volume at the same margin.
As for the new tech, I believe we have a chance. The SECURE content is paramount to the major studios (no pun intended). The movie studios now get most of their cash from DVD sales, not from the Regal 64 Screen-o-Rama with all the yackin` folks who will not turn off their darn cell phones. Hmmm...no wonder I like DVDs with my wine at home.
IF EDIG can mix it up with the players in that world, AND make money just keepin` it real (real secure, that is), you go girl!
John