Re: E-mail from Robert 10/12
posted on
Oct 17, 2006 05:16AM
At the very least we should see a business update with the release of financials on or about Nov. 15th. They may also alert us if and when the Maycom order is completed. Being beyond mid Oct. I wonder if the $3000/day penalty has kicked in?
http://www.edigital.com/shal081706.htm
e.Digital has recently received written confirmation from Maycom that it is going ahead with its preparations to begin manufacturing the 1250 units with a mid-October delivery schedule. In the written confirmation, Maycom also agreed to onsite inspections during the manufacturing process and to pay a $3,000 per day penalty for every day the delivery is delayed.
Larry