"so it is okay that EDIG can turn $80 million into $1 million And that has nothing

to do with the street sentiment?"

Could you further elaberate?

The way I see things...

If e.Digital could back out all associated expenses from "paid-in capital" relating to the IP.....and allocated it to "Long term assets" would that make you feel better as an investor? If they were able to do that, they lose the potential write offs assocated to those costs.

"paid-in capital" is on the books as a positive entry ....and it's offset by "Accumulated deficit" a negative entry....they go hand in hand.

The IP values are carried somewhere in the positive....however, informally.....it's a matter of allocation and considering to write off, or, not to write off.

The value of IP can come from the sale side as well.....the more they make, the more valuable it becomes.

Take your choice....pigeon hole the value at somewhere within in the 80 million....or see if it can be surpassed with sales.

doni