Re: Institutional ownership
in response to
by
posted on
Jan 20, 2007 10:50AM
Apparently no update regarding the Fusion Capital deal on the data from my previous post. Too soon to be reflected ?
And while it is noted that Fusion has the obvious right to sell its position, this excerpt is also noted:
i) No Prior  Short  Selling.  The Buyer  represents  and  warrants to the 
Company  that at no time  prior  to the  date of this  Agreement  has any of the 
Buyer, its agents,  representatives or affiliates engaged in or effected, in any 
manner whatsoever, directly or indirectly, any (i) "short sale" (as such term is 
defined in Section  242.200 of Regulation SHO of the Securities  Exchange Act of 
1934,  as  amended  (the  "1934  Act"))  of the  Common  Stock  or (ii)  hedging 
transaction,  which  establishes a net short position with respect to the Common 
Stock. 
**********
(d) Exhibits. 
 
10.1  Common Stock Purchase Agreement, dated as of January 2, 2007, by and 
      between e.Digital Corporation and Fusion Capital Fund II, LLC. 
 
10.2  Registration Rights Agreement, dated as of January 2, 2007, by and between 
      e.Digital corporation and Fusion Capital Fund II, LLC. 
 
99.1  Press Release dated January 8, 2007.