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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology
EDIG 0.00010000.0%Mar 20 5:00 PM EST

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To: Starlight who wrote (1596)10/14/1999 11:42:00 PM
From: Walter Morton  Read Replies (2) of 18366
 
"The Company is emerging from a difficult restructuring, and its future plans require the passage of Proposal No. 3 to increase the number of authorized shares of common stock from 120 million to 200 million shares. At the current time, the fully diluted number of shares issued is 116.1 million. With only 120 million shares authorized, the Company has few options for financing operations, future research and development, strategic acquisitions, or to attract qualified employees."

12/5/98 Proxy

When you voted yes to the increase in authorized shares, did you expect Intel, Lucent, or Lanier to invests in EDIG?

Why haven't they invested in EDIG?
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