e.Digital

Flash-R™ patent portfolio e.Digital's Flash-R™ patent portfolio contains fundamental technology essential to the utilization of flash memory in today's large and growing portable electronic products market.
Gotta Question
over 11 years ago
4

I note that as of 12/31/12 we had a cash position of $2 million. That's down from $3.125 million on 3/31/12. At that rate we have, perhaps, another year and a half to go assuming we continue on the current no revenue path. The previous 19 licensing settlements are not adding anything to the top line.

As I don't follow this forum as diligently as I did years ago, I have to ask. Why would anyone settle with us soon ( or consider an acquisition) when we might be financially desperate mid to late next year? What's the carrot?

Thanks

DoP

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dukeofprunes
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