The company PR states the 2.2 mil is for advance payments and shipments. So, my guess is the 3Q05 revs to be reported mid-Feb will not be 2.2 mil since the advance payment portion (we don`t know how much in shipments vs. advance payments) will be booked when shipped -- I assume the 4Q05 ending in March, reported mid-May, infomation is solid.
EDIG only had eight more days left in the Q when they announced....
(SAN DIEGO, CA, December 22, 2004) – e.Digital Corporation (OTC: EDIG), a leading innovator of proprietary digital technology platforms, today announced it expects revenues and advance payments, on purchase orders for products scheduled to ship next quarter, of over $2.2 million for the quarter ending December 31, 2004 with further business growth expected in the fourth quarter ending March 31, 2005.
We will KNOW something in less than three weeks. I`m not holding my breath for blow out revenues. I trust the management comments will give us some confidence of future revenue streams.
John