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Message: A couple ways to look at it

Edig has been cutting costs, downsizing corporate space, and generally trying to run as lean and mean as they can for the past several years. Part of that philosoply was to have DM represent them on a contingency basis. To me this change in representation could indicate a change in philosophy. For a company of our size to go from approximately a $150,000 per month burn rate to an approximate $180,000 per month burn rate is a significant increase(17%). We currently have very little income and still have a nest egg in the bank and no debt. So to accelerate the burn rate could be risky. Either Fred et.al really believe that some income streams will come on line in the relative near future and the risk is less than it appears on the surface, or maybe he views this as a last ditch effort and if this does not work wash his hands of the whole thing. Only time will tell. Does anyone know if the agreement with the new firm includes them getting paid if the whole company is purchased? As always with Edig there are many more questions than answers.

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