Re: e. DIGITAL Corporation Hot stock in Focus (easy to make it readable)
in response to
by
posted on
Dec 17, 2014 08:40PM
Hi sman, Just do SELECT ALL on the webpage and then COPY and then PASTE into your notepad. Here is the unreadable article. Have to say, not so good an article for us longs.
Equities Focus
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e.Digital Corporation (OTCMKTS:EDIG) Hot Stock in Focus
BY JEFF ADAMS / ON DECEMBER 17, 2014 AT 2:07 PM /
e.Digital Corporation(OTCMKTS:EDIG) has seen very little trading activity in the last 52 weeks. Share price has been declining since Janury 2014 and is currently trading just above its 52 weeks lows at $0.04.
Lowest the company saw in the last 52 weeks was $0.03 and the highest at $0.09.
E.Digital Corporation(OTCMKTS:EDIG) has been keeping itself in news and on December 15, 2014 announced that the United States District Court for the Southern District of California ruled in favor of e.Digital on all points addressed in a claim construction hearing of the Company’s US Patent No. 5,839,108 (“the ‘108 patent”) held on December 12, 2014.
e.Digital Corporation (OTCMKTS:EDIG), For more than 20 years, e.Digital’s ideas and inventions have impacted the evolution of consumer products. Today, e.Digital innovations, including its Flash-R™ portfolio of flash memory-related patents, are essential to many portable consumer electronic products. The Company pioneered dedicated portable in-flight entertainment systems in 2003 and more than 30 airlines have employed e.Digital powered products.
e.Digital Corporation (OTCMKTS:EDIG) a long standing source of innovation and future-defining patented technologies, announced today that the United States District Court for the Southern District of California ruled in favor of e.Digital on all points addressed in a claim construction hearing of the Company’s US Patent No. 5,839,108 (“the ’108 patent”) held on December 12, 2014.
A claim construction hearing, also known as a Markman hearing, allows each party to advance their own meaning of disputed claim terms, which the Court analyzes and issues an order setting forth the meaning of those terms. The ’108 patent, which relates to the way modern day flash memory devices store and manage data, is part of e.Digital’s Flash-R™ patent portfolio. The Company’s law firm, Handal & Associates, advanced a total of 12 disputed claim terms together with their constructions, and challenged the asserted claim constructions of the Defendants. The Court ruled in e.Digital’s favor on all contested claim terms.
“This entire process has vindicated our efforts to stop infringement of the Company’s patents,” said Fred Falk, president and CEO of e.Digital. “e.Digital is the owner of key intellectual properties in the security space and as we look to the future with these new technologies we believe that this and other recent favorable rulings will give pause to those who might choose to use our ground breaking technologies without our approval,” concluded Falk.
e.Digital Corporation(OTCMKTS:EDIG) was able to generate revenue of $2.28 mfor the period ending March 31, 2014.
It has total assets of $2.16 Mand liabilities stand at $296 Mwith shareholder’s equity positively at $1.86 M.
Keeping in view the fundamentals, market capitalization at $14.69 Mis clearly overvalued.