"LAKE , would you please clarify this last paragraphs as what you mean by EDIG
will pay all its remaining obligations .......
Finally, I won't be at the meeting... perhaps someone can ask if EDIG will pay all its remaining obligations in CASH and let the recipient decide to buy on the open market if they would rather have the shares instead?"
EDIG has issued shares to pay certain installment payments as they have come due.
With the expectation of further and accelerated licensing revenues, I'd like to see those obligations as they come due to be paid in cash... if the entity receiving the payment is looking for shares instead, then let them buy in the open market.
I think part of the reason we are where we are today is that those entities were issued shares, then they turned and sold them to (some of us) the general public. They sold the shares as they received them for the cash at the time... the investrs who actually bought the shares in the maket are actually the ones who have kept the company afloat by proxy. As more shares were issued than demand required, the pps steadily declined over the years
Now that EDIG is finally getting a track record of profitability, IMO, it's time to issue shares only when absolutely needed, and not just to pay a regularly recurring obligation. Let the demand for EDIG set its market value again.... not oversupply,
I have noticed that recently the shares outstanding has increased (although as a total of the percent of outstanding shares it's not much) .... even after the settlement money has started flowing in.
