I had picked Olympus and less than 5 million.
LG as the initial settlement is great news and I am glad I was in error. LIkewise, the amount maybe suffiicient for edig to show a positive net income and a strong balance sheet.
An infusion of capital will provide for increased design and engineering expenditures and allow for expenses into new markets which have been unavailable because of limited cash.
This valadation, particularly with LG who has products that cover many markets will bring about favorable visibility to edig and its revenue opportunity through patent infringement and internal growth potential.
This is a great first step