Las Vegas, NV -- (SBWIRE) -- 12/10/2012 -- e.Digital Corporation (OTC:EDIG) is at the top of many speculators watch list as the stock continues to make explosive gains on the OTCBB. From a start point of well under a nickel EDIG stock is on fire seeing recent highs of $0.16.
Investors who have been around love EDIG for its history of highly explosive moves up. Back in 2000 this stock ran to as high as $24 per share.
e.Digital through its wholly-owned subsidiary of the same name owns a very valuable portfolio of intellectual property including the Flash-R™ portfolio of patents related to the use of flash memory in portable devices. They also market the VU® mobile entertainment system for the travel industry.
e.Digital's Flash-R(TM) patent portfolio covering the use of flash memory technologies is the most valuable off them all and used to net the Company $5 million or more in annual licensing fees.
Due to a reexamination of these patents EDIG has been unable to license the Flash-R(TM and the Companies once highly lucrative revenue stream dried up completely. However that has all changed; the reexamination of the Company's '774 and '737 patents has been favorably concluded and EDIG is once again free to license its Flash-R(TM) patent portfolio.
With their autorneys Handal & Associates, EDIG has have filed a number of patent infringement lawsuits alleging that defendant companies infringe the Company's U.S. patents covering the use of flash memory technologies. These patents are part of e.Digital's Flash-R(TM) patent portfolio.
OTCMAGIC has recently published a new article on e.Digital that goes more into detail on what is really happening. To find out what OTCMAGIC projects for EDIG both short term and long term please visit our article here: EDIG
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