Agoracom: Small Cap Investment - e.Digital - Nothing earthshaking here, but I tried.

Reply New Message

Back To Forum List View

tonyrog42

Rank: Vice President [?]

Points: 1648 [?]

Votes: 24 Score: 3.1 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Nothing earthshaking here, but I tried.

posted on Dec 15, 2010 03:31PM

Dear Tony,

Thank you for your email. In our most recent press release we announced this new strategic direction for e.Digital based on the development of core technologies for markets that we believe are far more significant than IFE. We believe that long term shareholder value can be built by aligning our Flash-R™ IP monetization business with developing and securing key rights in major developing market segments and working with strategic business partners to bring these technologies to market. We realize there is always a desire for more information; please understand that it would be improper for e.Digital to announce key technology developments or business relationships before we have completed our work. Today’s announcement formalizes a major change in our strategic direction. We will be providing further information regarding e.Digital Innovations Group developments next quarter.

Thank you so much for your continued support.

Kind regards,

Fred

Fred Falk | President & CEO

e.Digital Corporation

16770 West Bernardo Drive, San Diego CA 92127

858.304.3016 phone | 858.304.3023 fax | www.edigital.com

This transmission (including any attachments) may contain confidential information, privileged material (including material protected by the attorney-client, work-product or other applicable privileges), or constitute non-public information. Any use of this information by anyone other than the intended recipient is prohibited. If you have received this transmission in error, please immediately reply to the sender and delete this information from your system. Use, dissemination, distribution, or reproduction of this transmission by unintended recipients is not authorized and may be unlawful.

Mr. Falk,

I have always had a lot of respect for you and the company having met you a few

times, and having been an investor here for the last 20 years. I am trying

desperately to not be racked with

disappointment over the current news release, but I need clarification on

something. Is this announcement the "Elements" that were designed to attract

much more investor interest?

Because if it is, I fail to see how this recent turn of events is going to draw

any interest at all. There was significant anticipation by our investor

community concerning this last announcement,

and we seem to be left holding the bag once again. Now if there are elements

such as partnerships that cannot be disclosed due to business restrictions, that