They could have the spin out right away,as they promised and if the valuation goes higher or they needed more financing,they could have a secondary offering ( like GALE if i remember right).But noooooooooooooooooooooooooooooooo..they lie and lie and lie and wasting precious time
A few vendors are developing TVWS products that use LTE or Wi-Fi as the air interface. Some also are developing products that will enable operators to use TVWS spectrum with LTE-Advanced's carrier-aggregation feature.
If they don't go private, they'll buy back shares every year. No doubt, this selloff was fawked up. They took it $9.80 when Taser said they'd do $30 million plus, and sell it to $6.90 when they beat $30 million by 7%.
The reality is EDIG has always been full of it in my opinion. Always puffing themselves up appearing to be something large and taking advantage of stupid greedy heavily underwater investors. Just read the Agoracom message board and their constant NUNCHI "sightings" that never pan out. I find it interesting that the "OTC Magic" penny pumper website promoting EDIG currently is based out of Las Vegas....just like the Polis family that owns so many shares. Just a simple observation probably just a coincidence.
Sentiment: Strong Sell