What does a 773 Confirmation mean to investors ?
posted on
May 10, 2012 01:14PM
Should 773 be validated by the USPTO, and given the proven model for revenue generation already demonstrated by EDIG and DM, the prospects for profitability would likely be restored for this company and we would be looking at a .027 opportunity that likely would break out above the 52 week high (.10), which should not be too difficult a task.
We would be looking at a small and lean company with no debt with a proven strategy to generate enough revenue, based on its patent defense, to make EDIG one of the most solid penny stock opportunities around.
That is all it would take to turn this investment around....one decision.
Certainly management would have to then give the company a new direction while they leverage the patent revenues, whether that be Nunchi or some other venture.
But given we are virtually at the low with a verdict pending that could turn this around on a dime, a dime looks like an easy target in the very short term.
The decision could be any day and YOU ARE HERE, one way or another.
Good luck to all holding shares or who will be buying on any good news.
In the event the decision goes against EDIG, well, there will be several who will find that scenario to be their soap box. Bully for them, and beyond pointless.