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Message: If I were in Fred's shoes...

EDIG announced via PR 9-17-12 having retained Handal for 30K/mo which is creditable from settlements. If we include Sept to present, that is 11 months or 330K.

What I don't understand is, where does this 330K show up as a line item in the financials?

The Company reported a net loss of $71,437 or $(0.00) per share for the first quarter of fiscal 2014, compared to a net loss of $332,983 or $(0.00) per share for the prior year’s first quarter. For the first quarter of fiscal 2014 revenues totaled $449,458 compared to $132,546 for the first quarter of the prior year. The most recent quarter included $392,000 of patent license revenues compared to no comparable patent license revenues for the first quarter of the prior year. Operating expenses increased to $520,895 from $465,529 for the prior year’s comparable quarter primarily due to patent licensing and litigation costs associated with patent license revenues.

Did we have licensing/settlement revs of 392K + 330K or is the 330K part of the 392K?

Someone smarter than me will have to figure it out.

Note it says 392K of patent licensing revs...that's all it says. Is this a one time fee, is it quarterly, semi annually, yearly from these 8 firms? Until we know that answer no conclusion can be accurately made.

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