Re: Form SC 13G/A E DIGITAL CORP Filed by: Polis Jerry E
in response to
by
posted on
Jan 26, 2011 11:03AM
If you would look at last year’s 13G you would not be so confused. Last years 13G 11,894,003 SHARES OF COMMON STOCK 4.1% Ownership This year’s 13G 10,353,204 SHARES OF COMMON STOCK 3.5% Ownership Decrease in ownership worth about $150K. It is very possible the trust has to liquidate shares to pay financial commitments. Trusts do not operate the same as individuals based on the way the trust was created. The fact that they state that the trust no longer has a 5% ownership does not imply that the trust had ownership of 5% last year. But since all related ownership is over 5% each entity must report.