Last I recall is that EDIG's burn rate was around $250K per month exclusive of other business opportunities and associated costs of doing business.

EDIG currently loses money on its eVU business model at current volume sales and there is no sign of immediate improvement of no fault of their own.

That's $3 million annually to keep the lights on and pay salaries.

Considering the state of the IFE market, all EDIG needs to do is tuck its head back under its shell and let DM start accelerating the bottom line cash flow. At that, EDIG needs maybe only 4 or 5 settlements for breakeven.

Imagine an annual $3 million budget with $1 million per month flowing in minimally...that's net profit of $9 million.

And I am sure they could lower the $250K/month by cutting back employees.

Many companies net anywhere from 1% to 10%...therefore to show a $9 million profit they would have to do $90 million or more in sales to achieve the same endpoint.

Mega efficient...now move the offices into RP's garage with one cell phone for shareholders to call, and it gets even better....lol.

Then we can all argue about what to do with all the cash. Afterall, aren't we all bored with the baseless arguments that the patents were rubbish?

And don't forget, a $20-$50 milllion judgement could still be lurking out there, which blows the top off this tea party.

Perhaps its time to become a minimalist company in this market evironment and reenter later all while the settlements keep on rolling in....

lol