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AGORACOM WIRE .... TUESDAY FEBRUARY 14TH

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Graphite is the Emerging Investment Story of 2012

Graphite Investment Conference Vancouver

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Breaking News ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT Read More  |  Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

 AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

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Message: RE:...TODAY'S PR...

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Re: B-Lunist/Another possibility re: Samsung settlement-Silversur...

posted on Nov 18, 09 05:13PM

Even though I stated it would be my last comment on the issue out of respect for you and your question I will respond.

"But, how does that show in what quarter the payments were posted (or received)?

It doesn't; however, if EDIG management is following GAAP/FASB accounting rules, which by all indications they are, the revenue should be recorded in the quarter in which the settlement was executed. The actual payment of cash is not what drives the recording of revenue.

That doesn't mean that what posters were told by RP in the past wasn't true. It simply means that management has learned much over the years and that knowledge has caused some changes in they way they run the company. A good example is was communicated about Fred's reluctance to release too much information to "the public" even though the public (shareholders included) wants to know everything. As he learned through this litigation process, what you say can come back to bight you in the rear.

This is all good stuff. I've always stated that management is very professional. With how many penny stocks can one say that.

Hope this helps.

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