Just what is the question or questions that newed answers to
posted on
Dec 18, 2010 03:02PM
First off this is not about the litigation that at present is ongoing. Let look at the timing of amajor person just weeks before the markman who left. The leaving , was it mutual, was he fired. We just can't pass this by as if it means nothing. Timing of events are most important.
EDIG is about to enter a court proceedings larger than life for it and we have a departure of a major player who for years played an important part to the develop[ment of EDIG.
We now are informed that a new division is being born to a company that still ahs its rump firmly glued to the ground. Its total value is less that 30 million. I believe their work force has less that 25 people in it. All of a sudden we need to have the paterns seperated from the rest so to speak, for what reason???
Who now will head that division and at what cost.
If this was done so as to put it in line for a sale of those paterns. where does the money go and who has control of it. If the sale diminishes the value of my investment am I not right to be concerned?
When looking at the track record of any company , information is key. What has the track record been with managment at EDIG?? not very open.
The company has made plenty of mistakes because of managment, why now is it nessesary for a new division. Can't it wait until we see the end of the markman and decisions can be made from strength.
Keep in ming that threough the years we stock holders voted for the officers or EDIG to recieve stock options and other lulus. They also have recieved a generous sum as income for their work.
Yet we stock holders have not recieved a dime so far with all that was recieved which I believe to be several million dollars from settlements todate. Even that was OK to a point. Buit what if??? What happens if there is a sale, how do we benifit. Just what are we going to have left. Though we ahve the litigation that was not the reason for my investment with EDIG, We are in litigation because of the happ hazard way that Business was done that allowed so called partners skunk us out of out rights in sharing what was then sold by our so called partners who made tons of money and at the same time wish EDIG would just go away.
There is alot of explanation needed and there need not be a nondisclosure B/S clause added. We had that route with all oue socalled dedicated partners. Its really time for transparency and not the crap that has been handed out todate.