My better judgement convinced me to load up on shares at .05 cents and load up I did. I am thoroughly convinced that all signs have lead up to a strategic inflection point with open-ended opportunities for e.Digital, as commented below by e.Digital's new board member CFO for GeoOptics, Russell H. Parker.

Question to self: Please ask yourself a question...why in the world would a man in Russell H. Parker's position say such a comment about e.Digital, if he didn't have a damn good reason to say it. What does he have to gain? I honestly believe that he is there to guide FRED and Company to the PROMISED LAND and he has the credentials to get it done. In my opinion, of course. I really don't think he would be waisting his time with e.Digital, if it wasn't worth it... again, my opinion.

http://edigital.com/russell-h-packer-joins-edigital-board-of-directors/

08.22.2016| News

(SAN DIEGO, CA, – August 22, 2016) – e.Digital Corporation (OTCQB: EDIG), a long standing source of innovation and future-defining patented technologies, today announced the appointment of Russell H. Packer as an independent director of the Company. Mr. Packer’s appointment expands the Board to 5 directors, 4 of whom are independent directors. Mr. Packer will be a member of the Company’s Audit committee.

“Russ’s many years of business experience across important industries will add a valuable perspective to our Board of Directors,” said Fred Falk, president and CEO of eDigital. “We are excited that he has joined our board and we look forward to benefitting from his judgement and expertise.”

Mr. Packer is Chief Financial Officer of GeoOptics, Inc., a company engaged in the collection and sale of Environmental Earth Observation data for use in operational monitoring and forecasting applications. Data products include global atmospheric temperature and pressure profiles, data about water, and space weather data.

“eDigital is at a strategic inflection point with open-ended opportunities and I look forward to contributing to the Company’s future success,” said Mr. Packer.

Mr. Packer is the former CFO of Geometric Results Incorporated (“GRI”), a Ford Motor Company business and technology services subsidiary. During his eight-year tenure at GRI, revenue increased from $3 million per month to over $800 million per year. Russ previously spent five years as a financial executive with Coca-Cola, including work on the IPO of Coca-Cola Enterprises, and ten years in investment banking with Shoreline Partners and Delphos Group. He holds a B.S. in Business Administration and an MBA from USC.

What is an 'Inflection Point'

An inflection point is an event that results in a significant change in the progress of a company, industry, sector, economy or geopolitical situation and can be considered a turning point after which a dramatic change, with either positive or negative results, is expected to result. Companies, industries, sectors and economies are dynamic and constantly evolving. Inflection points are more significant than the small day-to-day progress typically made, and the effects of the change are often well known and widespread.

BREAKING DOWN 'Inflection Point'

Based on mathematical charting models, the inflection point is where the direction of a curve changes in response to an event. In order to qualify, the shift must be noticeable or decisive and attributed to a particular cause. This principle can be applied to a variety of economic, business and financial information, such as shifts in the gross domestic product (GDP) or changes in security prices, but it is not used in reference to normal market fluctuations that are not the result of an event.

Andy Grove, Intel's co-founder, described a strategic inflection point as "an event that changes the way we think and act." Inflection points can be a result of action taken by a company, or through actions taken by another entity, that has a direct impact on the company. Additionally, inflection points may be caused by intentional action or by unforeseen events.

Events Marking Inflection Points

Regulatory changes, for instance, could lead to an inflection point for a corporation that was previously held back by regulatory compliance issues. Inflection points in technology include the advent of the Internet and smartphones. Politically, an inflection point can be illustrated by the fall of the Berlin Wall or the fall of communism in Poland and other Eastern Bloc countries.

Certain unforeseen events can include major economic downturns, such as the financial crisis of 2008, or natural disasters that affect a particular business or industry in a meaningful way. In this regard, an inflection point may not be identifiable until after the event has occurred and a change in direction has been subsequently noted.

Read more: Inflection Point Definition | Investopediahttp://www.investopedia.com/terms/i/inflectionpoint.asp#ixzz4JrQbgrPz

Follow us: Investopedia on Facebook