I was invested in a penny stock that basically went from a nothing unknown $1 stock to over $13 over night and became a media darling based on bringing in a high profile wallstreet CEO. It made the run twice...lightening.
Needless to say it wasn't a happy ending longterm but the point is that wallstreet loved the concept of next level management seeing an opportunity and stepping in.
Michael Eisner, you busy? LOL...
Right now I am solidly behind current management because they are the team that is turning the company around, regardless of the challenges, but at some point, if EDIG is for real and current management continues to be successful monetizing the IP, which is looking quite good, it would behoove management and its shareholders to find someone with the connections and reputation to take this to the next level.
That could be some time away and three cheers for Fred and Robert....just being forward looking today because EDIG could be even bigger than its IP if managed correctly.
Imagine not wanting to sell when it hits $5 share....been there, done that.
