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Message: Re: PPS DROP
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Jan 14, 2010 12:03AM

Jan 14, 2010 01:22AM
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Jan 14, 2010 09:28AM

Maybe there is an increase in outstanding shares.

Shares outstanding

As of June 5, 2009 shares outstanding of e.Digital’s common stock totalled 282,871,198.[1]

[edit] Annual meetings of shareholders

Despite that Delaware General Corporation Law and e.Digital's own corporate by-laws require the company to hold an annual meeting of shareholders to elect directors and officers and transact other business,[43] the company did not hold a meeting of shareholders between August 2005 and September 2008. The five prior meetings were held in December 2003, November 2002, 2001 and 2000 and January 1999.[44]

On September 17, 2008 e.Digital held an annual meeting of the stockholders and approved an increase in the number of authorized common stock shares from 300,000,000 to 350,000,000.[45] e.Digital held its 2009 annual meeting on November 19, 2009 at the company's office. The company's directors were reelected and accountants were ratified.[46]

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Jan 15, 2010 03:05PM
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