posted on
Jan 11, 2015 01:05PM


Message: Re: Question?
EDIG said nothing either way, nor are they required to by the SEC, as hiring a firm to assist in marketing a physsical product, or in this case patented IP, it's simply a normal course of business.
Many here felt EDIG owed us an explaination, but they don't. Would it be appropriate to tell us shareholders what the status is with outsourcing this firm? Yes....but they won't say and my feeling is, this is a mistake.
If we look back and understand what their role was, it's safe to say, and I've offered my opinion before, they were hired for a specific function: offer Nunchi patents for licensing, and in order to conduct DD and receive cooperation from EDIG in that effort (Nunally etc), the outfits interested had to sign NDA's.
This is all they were hired for, not to sign up licenses, but to get the info in the hands of prospective licensees. Handal's role was expanded when Fred announced, they will be involved in licensing EDIG's IP.
At the 8-29-13 SHM, BLR's questioning about IP's Nunchi role returned this by Cocumelli..."between 50 and less that 100 were notified of the Nunchi patents" then Fred said, "with many conducting DD." BLR sorta put the words in Cocumelli's mouth, but he agreed to it none the less.
My conclusion, IPmetrics did what they were hired to do, fullfilled the contract, then passed the hot potato back to EDIG, who thru it to Handal.
Done deal..still my opinion with no basis of fact, but it makes perfect sense, so I'm sticking with this opinion.
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