From this I take it...
Management Commentary:
“Our legal team at Handal & Associates has worked very hard navigating the challenges presented by the defendants in our current litigation activities,” commented Fred Falk, president and CEO of e.Digital. “Good progress has been made and as a result, we anticipate increased cash receipts through the balance of the current round of license and settlement activities. We remain dedicated and financially prepared to defend our patents through trial against any defendants who infringe our technologies and do not settle and license. We anticipate that the proceeds from the current round of settlements will help fund our overall litigation and licensing strategy, not only for our Flash-R patents but for our Nunchi and microSignet patents as well. e.Digital’s litigation activities have created an awareness in the industries and among current licensees, of our Nunchi and microSignet patents and have opened the door for serious licensing discussions for those patents, leading us to expand our relationship with Handal & Associates. Although the Company reported a financial loss for fiscal Q2, we expect increased patent license revenues for the current quarter based on the recent settlements and current negotiations,” concluded Falk.
