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Sorry, but I was more or less looking for $$,$$$,$$$... Way too old and tired to just settle for $$$$...
Just Sayin'
B^)
Well, I don't comment very often but this seems like that this issue merits at least question/comment...
First a question...
I have to confess that while I have a fairly substantial collection of shares I don't follow the company's detailed comings and goings as much as I should..
My question is - Does anyone recall seeing this particular statement cited in any of the company's previous public filings? To be honest, I don't ever recall seeing anything like it before.
Then you have...
Number One - Handel restructures its compensation agreement with Edigital
Number Two - Edigital brings on 2 new directors, at least one of which, to my recollection has M&A experience. Can't recall if the other one did or not.
Maybe someone on the list knows the answer to this one, yeah, I know I said just one question but sometimes I get carried away - When exactly does a company's action become a reportable event? When they enter into discussions about a buyout/merger; When they sign an MOU; When an offer is actually made? Don't know about that either.
Well, anyway, maybe that, at least, gives some folks something to think about while they're enjoying their turkey feast tomorrow? Happy Thanksgiving everyone! May the next year be more profitable than the last!
-Dg
Just kinda sets my Spidey Sense to tingling...
I don't recall seeing this posted... My apologies if it was...
Russell H. Packer Joins eDigital Board of Directors
/EINPresswire.com/ -- SAN DIEGO, CA--(Marketwired - August 22, 2016) - e.Digital Corporation (OTCQB: EDIG), a long standing source of innovation and future-defining patented technologies, today announced the appointment of Russell H. Packer as an independent director of the Company. Mr. Packer's appointment expands the Board to 5 directors, 4 of whom are independent directors. Mr. Packer will be a member of the Company's Audit committee.
"Russ's many years of business experience across important industries will add a valuable perspective to our Board of Directors," said Fred Falk, president and CEO of eDigital. "We are excited that he has joined our board and we look forward to benefitting from his judgement and expertise."
Mr. Packer is Chief Financial Officer of GeoOptics, Inc., a company engaged in the collection and sale of Environmental Earth Observation data for use in operational monitoring and forecasting applications. Data products include global atmospheric temperature and pressure profiles, data about water, and space weather data.
"eDigital is at a strategic inflection point with open-ended opportunities and I look forward to contributing to the Company's future success," said Mr. Packer.
Mr. Packer is the former CFO of Geometric Results Incorporated ("GRI"), a Ford Motor Company business and technology services subsidiary. During his eight-year tenure at GRI, revenue increased from $3 million per month to over $800 million per year. Russ previously spent five years as a financial executive with Coca-Cola, including work on the IPO of Coca-Cola Enterprises, and ten years in investment banking with Shoreline Partners and Delphos Group. He holds a B.S. in Business Administration and an MBA from USC.
About e.Digital Corporation: For more than 27 years, e.Digital's ideas and inventions have impacted the evolution of consumer products. Today, e.Digital innovations, including its Flash-R™ portfolio of flash memory-related patents, and Nunchi® portfolio, are essential to many portable consumer electronic products. For more information about e.Digital, please visit: www.edigital.com.
Safe Harbor statement under the Private Securities Litigation Reform of 1995: This press release includes forward-looking information and statements. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events that are based on management's belief, as well as assumptions made by, and information currently available to, management. While the Company believes that expectations are based upon reasonable assumptions, there can be no assurances that goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include the substantial uncertainties inherent in pursuing patent enforcement activities including, but not limited to the risks and costs of litigation and support activities, the timing and amount of settlements/licenses if any, the acceptance of existing and future products and technologies, the difficulty of commercializing and protecting new technology such as the Company's Nunchi, microSignet, Synap and other technologies, the impact of competitive products, technologies and pricing, general business and economic conditions, and other factors detailed in the Company's Annual Report on Form 10-K and other periodic reports filed with the SEC. Except as required by law, the Company specifically disclaims any obligation to update or revise any forward-looking statement whether as a result of new information, future developments or otherwise.
http://www.einnews.com/pr_news/341164337/russell-h-packer-joins-edigital-board-of-directors
eDigital Announces License and Settlement Agreements With Myfox
Published: Mar 9, 2016 11:30 a.m. ET
SAN DIEGO, CA, Mar 09, 2016 (Marketwired via COMTEX) -- e.Digital Corporation (otcqb:EDIG), a long standing source of innovation and future-defining patented technologies, today announced that it has entered into a royalty bearing license agreement and a settlement agreement with Myfox, Inc. (Myfox). Under the terms of the confidential agreements, Myfox has obtained a license to the Company's Nunchi(®) patent portfolio.
Nunchi technology gathers information based on physical sensors, actions in an environment, as well as historical data, and acts on this information to perform operations or communicate. Applications based on Nunchi technology may include the use of the cloud, communication networks, sensors, algorithms, as well as databases, to understand and respond to the needs of people.
"We are pleased to have entered into an important Nunchi portfolio related licensing and settlement arrangement with Myfox. Clearly, Myfox understands and respects intellectual property rights and we welcome them as a licensee," said Fred Falk, president and CEO of eDigital.
About e.Digital Corporation: For more than 25 years, e.Digital's ideas and inventions have impacted the evolution of consumer products. Today, e.Digital innovations, including its Flash-R(TM) portfolio of flash memory-related patents, and Nunchi(®) portfolio, are essential to many portable consumer electronic products. For more information about e.Digital, please visit: www.edigital.com.
Safe Harbor statement under the Private Securities Litigation Reform of 1995: This press release includes forward-looking information and statements. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events that are based on management's belief, as well as assumptions made by, and information currently available to, management. While the Company believes that expectations are based upon reasonable assumptions, there can be no assurances that goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include the substantial uncertainties inherent in pursuing patent enforcement activities including, but not limited to the risks and costs of litigation and support activities, the timing and amount of settlements/licenses if any, the acceptance of existing and future products and technologies, the difficulty of commercializing and protecting new technology such as the Company's Nunchi, microSignet and other technologies, the impact of competitive products, technologies and pricing, general business and economic conditions, and other factors detailed in the Company's Annual Report on Form 10-K and other periodic reports filed with the SEC. Except as required by law, the Company specifically disclaims any obligation to update or revise any forward-looking statement whether as a result of new information, future developments or otherwise.
SOURCE: e.Digital Corporation
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Very rare that a case would get to the Supreme Court without coming up from an inferior court... It happens but not often.
PE of 1, not zero