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Message: Re: Can someone 'splain this to me?...raggie...
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Feb 25, 2008 03:18PM

The pps was in the $.18ish when the refinancing of the NOTE was noounced in November, which was finally concluded and made publis in January...

The pps is now $.11ish OR A 33% drop, which is not warrented because the number of the diluting shares were certainly NOT 90 million shares or 33% OF THE THEN float...

The conundrum facing EDIG now is that there are not that many buyers in the market for its shares...

Every one who is invested in it is waiting for the other shoe to drop, which means no one is elling either...

The MMs play in a $.03 cent range weekly, and I suspect if we don't hear anything positive the pps can go down to $.07ish if the same scenarion continues...

GLTA...

Gil...

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