Re: Question to Longs
in response to
by
posted on
Aug 10, 2010 07:25PM
Now, if they release information that is worthy of new investment dollars flowing into EDIG then I suppose the big picture for the raise is reasonable.
It would be reasonable if the share price didn't decline over 50%, there were improved revenues or new products. If you are basing his projected raise for future settlements then with that logic , the whole board needs a raise and more stock options. This board is getting some big dollars for little work. The one thing I liked was seeing some increased spending on the R/D but at the same time it was given to outside companies/consultants. We need some PR to explain to investors where this company is heading as opposed to the wait and see for the economy improving. This board doesn't seem to have any direction. The business plan has changed several times and with some members of the board have acknowledge their conflict of interest, I do think that someone new should take over the helm.