Re: Update on Polis transaction-LL...LOL...
in response to
by
posted on
May 19, 2009 05:04PM
How quickly an investor can denigrate his own investment.
What they are selling is their FLASH PATENT PORTFOLIO, which is a KEY ASSET to the company and which is involved in billion dollar markets.
Their plastic box, as you put it, is about as cutting edge in portable IFE as it gets and they produced the first product in that field and an entire portable market developed as a result.
As for their engineering staff, I would guess you base your statements on your feelings and without any knowledge or insights gained from inquiry. If you have any please share.
When I first found EDIG, the market said it was worth $0.07...and four months later it was trading at $3.74....and 9 months after that, $24.50. That's kind of the point of investing in something that is undervalued. The market changes its perception and that attracts investment dollars.
This is NOT PTSC...so those mired in that mess, don't bring your frustrations here.