How much would ``they`` pay? Depends on how much ``they`` think they could (1) leverage the technology, or (more along the lines of my post) (2) how much their own business plan would be impacted if a third party were to step in and muck things up.

re: (1) I haven`t forgotten EDIG`s patent portfolio, specifically the patent on ``flash memory-based hand held digital recording devices``; with flash making gains in capaicity at decreasing cost.

re: (2) If your business plan suggests a wind-fall profit (a la IPod) based on the ``cornering`` of a desireable/essential functionality, what value do you place on it?

BTW, they wouldn`t need to acquire all outstanding shares, only a controlling interest (51%).

Current 165M float X 51% X $.15PPS = $12.62M

OR

Current 200M authorized X 51% X $.15PPS = $15.3M

Take those numbers and apply ``premium`` multiples, and it may still be a worthy acquisition (e.g., a ``reasonable`` premium may been deemed a doubling the prevailing PPS; is ~ $30M too much to pay?).

This is pure speculation and food for thought...cuz

I KNOW nuttin`!

SGE