The dilution at this point is miniscule. And why deplete all your cash reserves and working capital and find yourself in a bind down the road should there be any unanticipated stall in the business model?

When they only requested an additional authorized 50 million at shares last September's meeting I believe it was reported that they intended to use only a portion of that to reduce their obligations...in an apparent anticipation of a growing revenue stream.

It appears we are well on track of seeing that occur. They still have salaries and rent to pay and those are paid in cash, not stock.

I'd venture a guess that by this time next year EDIG's balance sheet looks a whole lot better and most or all debt will be retired....just a guess.