RE: Payments Made....
posted on
May 14, 2006 10:50AM
This suggests that digEcor, being a direct party to the contract, could not sue EDIG for Maycom`s failure to deliver. It would be much more likely that digEcor and EDIG would together go after Maycom or that digEcor (the suffering party) would go after Maycom directly/independently (sans EDIG, which was not injured by Maycom).
These thoughts add credence to my ``PS`` in my last message. Potential impact to EDIG IMO would be limited to a portion of their fee for manufacturing oversight (~$100K?, or 1M shares of added float, adding ~.33% to float - trivia).
But I KNOW nuttin`!
SGE
PS: I may be all wet in this discussion, but it sure beats people bashing! LOL