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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?


To: J.N.N. who wrote (10063)1/27/2000 9:25:00 AM
From: PartyTime  Read Replies (2) | Respond to of 18366
 
J.N.N.-->>>BTW - I challenged the posters who said that EDIG was a scam to provide one shred of evidence. I'm still waiting.<<<

As stated previously, I'm now working on a response to the technical issues Chris Burns presented. Although I'm still researching the material he presented, my gut tells me that any EDIG competitor could describe issues and word technical matters similarly to how Mr. Burns did.

Meanwhile, while I'm working on that, I haven't yet found a valid response from the bad guys (shorters, et. al.)--at least there was no direct response to my post--for the questions below which I've asked twice:

1) Is eDigital a fraud?

2) Have eDigital executives committed any insider trading?

3) Has eDigital ever issued press releases which were not true?

4) Has eDigital reported honestly to the SEC?

5) And, if you're aware of number four, how many years have they be so doing?

6) Have they ever missed filing an SEC report?

5) Has eDigital done anything wrongful so as to affect the share price:

a) When it was named Norris?
b) When it was trading for under a dollar?
c) When it was trading at two dollars?
d) When it was trading at 24 dollars?

The bottom line is EDIG is not like most OTC level stocks which begin anew or take over an non-existing shell company. It's most of those kind of OTC stocks which don't make it. EDIG from 1993 to 1997 was a Nasdaq listed stock under the name of Norris Communications. It had a very credition name in the transcription/dictation business. But Sony blew 'em away. How do I know this? For 10 years I had a transcription business operating out of Harvard Square in Cambridge, Massachusetts. I used Sony equipment.

Meanwhile, Norris, recognizing a loss of market share, went into an R&D mode and reengineered its organization. Unfortunately, the heavy R&D period coincided with Nasdaq strengthening the stringency of its listing requirements. Consequently, EDIG slipped to the OTC:BB level. Had the company gone into its R&D five years prior it never would have been delisted. Obviously, it's a lot easier to get back on Nasdaq once you've been there, and if you've continued to report to the SEC than it is to get there from scratch.

Those who try to make EDIG more vulnerable because of its OTC:BB status, in fairness, should at least consider the above background.