"yes, that is true, but the most significant quality of a dividend is that it winds up in the shareholder's pocket."
Perhaps, but you must be a shareholder of record and that dividend in your pocket diminishes the value of the shares remaining in your portfolio, as the company's asset value is diminished by the cash outlay.
Until EDIG can demonstrate the ability to sustain and grow its revenue stream while increasing profitability, there will be no entertainment of a dividend dispursement by EDIG management.
Let the company's own words put this discussion to bed...from the 10-K
"We do not Anticipate Paying Dividends. We have never paid any cash dividends on our common stock and do not anticipate paying any cash dividends in the foreseeable future. We currently intend to retain any future earnings to fund the development and growth of our business. An investment in our common stock, therefore, may be more suitable for an investor that is seeking capital appreciation rather than current yield and, as a consequence, may be more speculative. Accordingly, investors should not purchase our common stock with an expectation of receiving regular dividends.
