I don't understand why some blather on regarding the current lack of micro cap fund investments. The Company understands it doesn't have all the elements in place and clearly says so in this 2/11/2010 press release.

Commenting on the Company’s plans to attract additional investment interest in e.Digital, Robert Putnam, e.Digital’s senior vice president, stated, “As we continue to build upon last fiscal year’s progress through landing and announcing anticipated Flash-R licensing agreements, new eVU orders and partnerships, and improving the Company’s financials, we expect to draw the attention of micro cap funds and retail investors with an interest in intellectual property related equities. We believe we have some of the fundamentals in place to make e.Digital appealing to funds and new investors and, this year, we expect to add other elements necessary to attract significant new investment interest.”