It is my opinion (OPINION) the latest request to issue 100 mil more stock is a ``Poison Pill``
EDig is fully aware that Wencor is trying real hard to ``corner`` the IFE market. Buying/controlling EDig is certainly a possibility that must be considered by the honchos in Poway.
(Even though I firmly believe Wencor has ``````EXCLUSIVE`````` control from Edig for the guts of the DP, granted by EDig.)
As I understand it EDig still has 35 mil shares still available for issuance. Another 100 mil available (BUT NOT ISSUED) would be a hard pill to swallow for a potential suitor.
EDig has too much going for it at present....(being hinted at) I don`t think it is in their business plan to entertain ANY offers. Nor would one hellava lot of shareholders agree to a takeover.