(SAN DIEGO, CA, February 27, 2006) – e.Digital Corporation (OTC: EDIG), a leading innovator of proprietary flash memory management and secure digital video technology, today announced it received $1.5 million through the sale of restricted common shares and warrants to 27 accredited investors; two of the accredited investors are officers of the company.

http://www.edigital.com/news022706.htm

Thanks to B-Lunist for straightening out the 3,000,000 share options thingie. I was REALLY excited for awhile there. LOL. But the fact is the company president and senior vice president did purchase shares in Feb 2006 so it`s all good.