e.Digital

Ricardo,

The meaning of my question was to challenge the board to think rationally about the price of a buy-out and generate some discussion on the subject. Otherwise i agree with and your assessment. My guess will be around $1,75 per share is reasonable given the scarsity of cash and the risks entailed in litigation. The difficult problem also will be the contract with DM and at this point none of us knows much about it. For example, is DM going to be still the litigator on record after such a transaction? If so then the amounts involve might not have to come out from the price. But the patents are a security for them and I am sure the contract provides for this case. Does Edig gets a break? On the other hand if the buyer has its own attorneys then Edig will have to pay the contractual fees. It is very difficult to determine the outcome without knowledge of the agreements.