Re: sman998 - (1 of 5 Hub Leader left)
in response to
by
posted on
May 19, 2018 10:08PM
HI , Sam
As you know and for sure most of long time shareholder aware of the company has been keeping the
shareholders in the dark for a long time for this bankruptcy. In my opinion The plot started from
time of Google license and settlement agreement. There are many reasons for this approach including
misleading information re highly optimistic forward looking statement in regard to achievement and
also lack of debt including the last forced three settlements "with Prejudice" and coincidental with
filing of chapter 7 and forming hidden corporation "ILLIA Technologies" without informing
shareholders with same principal address as e.DIGITAL corporation.
Me and couple of shareholder since last year spent significant time and also some expenses to
find the legal firm ato accept the case as contingency on behalf of shareholder on the basis of
mis representing of fiduciary duties by corporate directors. Despite all effort they all requesting
large sum of money in order to accept the case and not wanting on contingency plan.
We are still pursuing to find a legal entity and still holding the possession of 5 computer and one
server and 20 boxes of documents per judge order for future investigation. But time is running out
and hopeful we may achieve some success. ( we share the expense of these computer and d
documents between us ) .Most of the legal firm that we consulted accepted the fact there were
numerous reason for misleading of shareholders in sequence of events , but in order to accept the
case need large sum of money.In regars to other poster , as you know he is an attorney and in past
he also sent me several private message with my responses to him. As far as i know there is no
conspiracy theory in regard to small group of shareholders dealing with Falk/Nunally. My very
interested question from him is if he is so involved in fate of this company and shareholders , why
since last year he never sent any letter to the judge nor to those two trustee or participated in court
hearing ??? He is so familiar with legal issues but not even one letter from him in opposition to
chapter 7 and possible fraudulent activities of the company. Will keep you posted if any progress.
Regards Fred