Nice to now that EDIG, after expenses, has dramatically higher margins with its new business model...

"Gross profit for Q2 2009 was $1.2 million or 65% of revenues, compared to $597,000 or 26% of revenues for the same period a year ago. The improved gross profit percentage resulted from higher margin patent license revenue."

It is all about the bottom line revenue stream, coupled with no tax base due to tax loss carry forward and $1.2 million per, times 184 and that is a huge win....even if viewed as a nuisance value suit...a good strategy to get some early wins, establish a revenue stream and net out much higher margins than the IFE model.

Breakeven comes much sooner and no longer dependent on market forces, which, by the way, are hammering the market at large.

Look for a continued revenue stream with much bigger margins and nearing profitability sooner...the short term goal.

This is ONLY settlement #1.

I discussed the value of early, nuisance value wins....when you have 184 targets...not a bad strategy in this lousy market.

EDIG with $150-$180 million NET over the next few years is a win of gargantuan preportions....and don't forget BRST, which got $60 million and $565K on two cases....DM is still holding the patents and the infringers remain quite vulnerable.

One and done !!!!!!!!!!!!!! NEXT !!!!!!!!!