Re: It is wonderful that DM is successful on our behalf Unfortunately the management
posted on
Mar 03, 2011 08:06PM
Yes, EDIG needs to leverage every opportuniity to gain exposure to a wider investment community. This includes dog and pony shows, microcap exposure and whatever other press related exposure they can garner, BEYOND what they are currently doing.
This was their stance just one year ago February:
"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.”
I think they get it, but they are short on delivery. As soon as they stock the coffers with new funding, if not sooner, they really need to hire a professional PR company or spokeperson to make the case and shake the bushes. There are many venues in which they can present and they might even consider putting themselves out their for talks of M&A.
But they need to do something. This is the best kept secret in the world of penny stocks, and it's about time that end.