Ok, let's assume Sammy is on the hook for mega bucks, say $200M -- a stretch, to state the obvious.
If EDIG had $100M cash, wouldn't the BOD and shareholders be screaming for a big divy, or a reasonable aquisition, or both?
If so, Sammy might be a position to make an offer knowing they were going to have a pile of skin in the game.
IMO, EDIG has to make one mega deal / IP license happen to get to $1 pps. If I thought they only had one deal in them, I would be screaming AMF. Take my buck and run to the next gold superstore. If EDIG had a serious partner and a consumer connection like the next G of iPod or even the next G Zune. Then, we have some traction.
Just one big dumb guy's opine....John