I am very pleased from Mr Robert response toward my questions . Specifically with
following sentences.
we remain committed to introducing new eVU systems later this year directly and/or through partnering efforts.
We have some of the elements in place and expect to add other elements during this calendar that we believe are essential in capturing significant new investment interest.
My email to Robert
Dear Robert ,
I appreciate your response to my following questions.
1 . There will be major IFE gathering May 17 for WAEA (integrated IFE seats ) along with another
one in HAMBURG May 18 - 20 aircraft interior expo.Till to date i have not seen e.DIGITAL booth in either
exhibition list . In my view this is the best timing to show our new updated eVU to participant in
such a major event . Why we are not there ? and what is the reason for such a delay to introduce
the new eVU ?
2 . In press release Feb 11, 2010 this comment was made by our company " We believe we have some of the fundamentals in place to make e.Digital appealing to funds and new investors and,
this year, we expect to add other elements necessary to attract significant new investment interest.” Do you still believe the above statement will be carried on THIS YEAR .
Myself and many long term investors patiently and eagerly interested some news (that has been promised by company at shareholder meeting and afterward) to be released in order
to understand future of IFE products , IP infringers situation and other strategy that company is working on . I again welcome your prompt and candid response to above questions.
Best Regard
Robert response
Thank you for your fax, Fred. For unknown reasons, I did not receive your May 4th e-mail. We are making good progress on the next generation of our proprietary eVU™ platform and we remain committed to introducing new eVU systems later this year directly and/or through partnering efforts. While we will not have a booth at the upcoming Aircraft Interiors show in Hamburg, we will be attending and meeting with current and prospective eVU customers.
As we continue to build upon last year’s progress through landing and announcing anticipated new licensing agreements, new eVU orders and partnerships, and improving the Company’s financials, we expect to attract new interest from micro cap funds and retail investors with an interest in IP-related investments. We have some of the elements in place to introduce e.Digital to these funds and investors and expect to add other elements during this calendar year that we believe are essential in capturing significant new investment interest. Thank you for your continued support, Fred.
Best regards,
Robert Putnam,
Sr. Vice President