"A majority of the recent settlements negotiated during the current quarter are in the process of being finalized and documented. The Company expects additional settlements before the end of the calendar year."

This means money coming in to fund operations...Dischino.

"Continued marketing the Nunchi® family of patents: The Company is marketing its Nunchi patent portfolio through a modified licensing strategy involving the assistance of its law firm, Handal & Associates."

Why was this deemed necessary...Dischino.

"“Good progress has been made and as a result, we anticipate increased cash receipts through the balance of the current round of license and settlement activities. We remain dedicated and financially prepared to defend our patents through trial against any defendants who infringe our technologies and do not settle and license. We anticipate that the proceeds from the current round of settlements will help fund our overall litigation and licensing strategy, not only for our Flash-R patents but for our Nunchi and microSignet patents as well. e.Digital’s litigation activities have created an awareness in the industries and among current licensees, of our Nunchi and microSignet patents and have opened the door for serious licensing discussions for those patents, leading us to expand our relationship with Handal & Associates. "

So there ya have it...

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