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Message: Guys

Guys

posted on Apr 01, 2010 11:37AM

There is no need to issue any more stock right now . In the past edig had to issue more shares to stay alive as edig was on life suuport and pronounced dead on the table many times only to be brought nack by issuing more shares . Edig is profitable , has no debt and many many more potential settlements coming in . The cash postion will get better from here imo. as far as a dividend or a buyback I would vote that a buyback would be better for all of us . A dividend would be miniscule to us where as a buy back would strengthen the value of the stock we hold and a buyback is a countermeasure to past dilution :-) It also does not hurt edig to do this as they will buyback and retain the shares they buyback as an asset :-)

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