Think months, not weeks....
posted on
Nov 13, 2007 05:35AM
The EDIG world will not run on our clock. If it did, we would all be rich jackarses and have played a heck-of-a golf game already. TK would be back to a one handicap and Kirk will have successfully conned Frank into giving him a stoke or two, but it didn't matter as Frank shoots 75 and eats all the clams. Needless to state, our clock has never matched EDIG's ability to meet our expectations.
Today, the wait is no different, but, IMO, the circumstances are very different. EDIG (like most specualtive penny stocks) will force us to wait and see what is around the next corner and the next mile. eVU sales will grease the way and make it a lot less painful than going back to the printing presses for more shares. That is truely EDIG's advantage and it is significant, IMO.
Based on the most recent Q report, EDIG is not sooooo far from breakeven that we can't get there from here. It is possible to be in black in six months. Staying in the black is another battle and will take continuing eVU sales.
Long after eVU spikes, we might see some cash from an IP settlement or two (10 would be nice). IMO, this IP payoff is, at a minimum, many months, maybe over a year and certainly not weeks away. I believe EDIG is in much better shape than at any time since the tech bubble burst in 2000, but large cash payments and black ink are not imminent, IMO. Longer term, I certainly like my chances. Like Paul, I'll add shares after PTSC breaks out -- should the J2.5 settlement go their way. Do not buy PTSC unless you like to cry a lot or have done a lot of DD.
So, we will need to keep those Big Boy pants on and watch for one or more of the major airlines to announce something to get excited about. IMO, that will happen far sooner than cash from any IP deal hits our EDIG piggy bank.
Ramblin' thoughts on a rainy day... I think I need a Starbucks double shot.
John