RE: It appears EDIG sold 5,000,000 shares DEC 05-JAN 06 / / jtdiii
posted on
Jan 23, 2006 08:39AM
What`s surprising is that you`re surprised.
Do you have another method for this company to raise the capital it needs to further its business plan?
A 2% dilution to keep our investment afloat, if indeed that is the case...which may not be an issue at all if they deliver eVU customers this quarter.
I guess the option to fold is less desireable and more irresponsible considering they have the option to sell shares.
They need to sell something...that`s the main concern from my perspective.
Spin? No, just a dose of reality.