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Re: Question Please?

e.Digital

over 8 years ago

in response to vic's message

You mention $150k per quarter. I believe, could be mistaken, that the number used in the last quarterly filing was a burn rate of $116k per month which would work out to $348k per quarter. The Myfox license is good, but what we do not know is what is the royalty rate and how many units are expected to be sold in any given period of time? IMVHO Edig either needs an investor, a partner, or some really significant licensing deals within the next 6 months. Or, of course, the IPR ruling being completely in our favor would also do the trick. Hoping for the best.