It seems that some want to know exactly how EDIG will be performing 2 years out. Not gonna happen as there are too many variables and unknowns, expecially in this business climate.

Does anyone remember how the boards festered over the digecor issues along with the predictions of doom ? Wasn't worth the long term worry, but we did worry.

Most company projections much beyond the next few quarters are irrelevant, at least for small growth companies, due to unknown market conditions. How many companies no longer exist today that were much better financed than EDIG ever was?

What we do have for this current fiscal year was a solid and profitable Q1 with two more settlements announced in the current quarter, with several more in the pipeline nearing their conclusion.

Management certainly could supply shareholders with some specific guidance for the current quarter, which is more than most penny stocks get, as they have announced two settlements in fiscal Q2. A simple, "we expect to beat fiscal Q1 results" would go a long way to let investors get a handle on that which cannot be released publicly.

What we do have is a patent case still in litigation with settlements being negotiated currently, possibly indicating a continued revenue stream into the next quarter or two.

What we do have is a rexam process which keeps the patent revenue concept alive for another year or two or beyond, and, management just indicated that a round 3 is planned. (I think, per ASM reports)

What we do have are new technologies, a result of some key R&D over the past couple of years, that is now being leveraged for market applications. Yes, management could be more forthcoming as to the revenue potential and customer base but then there would be those who yell hype.

What we have seen management accomplish while leveraging through the unchartered territory of patent litigation, was to cut their overhead by almost half and reduce their debt to zero, with cash in the bank, while running the company without any dilution. They have also developed a firm relationship with a key consultant in Pat Nunally, who is spearheading the new technologies group.

I would like to see Falk issue a statement with guidance for the current quarter, giving investors a handle on the question if they will meet or beat last quarter's numbers as well as a projection of the rate for future settlements, if possible and keep the focus on current state of business.

And an announcement for a round 3 of litigation would be nice or guidance to that effect.

Beyond that, I don't know what else transparency means but I am open to suggestions.

DB