Free
Message: RE: OZ -- Generally the style of not so good news....John...Gil

RE: OZ -- Generally the style of not so good news....John...Gil

posted on Mar 29, 2006 04:41AM

Hey, I keep my rosey red glasses and laser gun combination in the ``stun`` position.

Actually, I see EDIG as the continuing spec stock I bought. However, the eVU has legs, IMO. If just one major customer is sold a turnkey program by Willy, we could see real growth. Unfortunately, I doubt that growth would translate into a huge pps surge. IMO, that takes continued revenue growth and relief from most of the warrant holders by converting the warrants to common stock. Of course, that comes with dilution. However, I`m not so sure dilution is a major problem for a penny stock. Cash Flow is a much more serious issue when there are few revenues and the revenues you have seen in the past two years were from a customer that now hates you and is messin` with your only known production order. Now, that can be a problem if Willy have not sold a darn thing.

As for the IP protection, I`m still not certain that was not a throw in by RP without any pending negotiations. I would love to be wrong, but the PTSC coat tails were just too close and the delay news too strong for me to believe otherwise until a legal case is filed in a real court or a TPL type sugar daddy comes knockin` on EDIG`s door.

John

Share
New Message
Please login to post a reply