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Re: PeterGates post# 78554

Thursday, 01/22/2015 10:24:19 AM

Thursday, January 22, 2015 10:24:19 AM

Post# of 80403
IMO Imaginary Good-Progress vs numerous-DEFAULTED-Loans?


$ECDC 10-Q report shows good progress. GL!




It does? Even with over $500,000 dollars in Defaulted Loans?

See page 26 for the Facts http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10318171


Item 3. Defaults Upon Senior Securities.



The Company is in default with several of its noteholders as reflected below and disclosed within this report in Notes 3 and 4 of the Notes to the Consolidated Financial Statements dated September 30, 2014.



Panache Capital, LLC $ 7,472
Hanover Holdings I, LLC 92,555
Hanover Holdings I, LLC 20,760
Hanover Holdings I, LLC 8,282
Hanover Holdings I, LLC 19,016
Azfar Hague 14,848
Asher Enterprises, Inc. 27,977
Andre Fluellen 8,500
WHC Capital, LLC 22,236
WHC Capital, LLC 5,456
Asher Enterprises, Inc. 28,258
Andre Fluellen 8,900
Andre Fluellen 3,500
Andre Fluellen 3,150
Asher Enterprises, Inc. 15,828
Bulldog Insurance 5,868
Andre Fluellen 8,246
Azfar Hague 3,450
Bulldog Insurance 2,000
Israek Idonije 4,075
Robert Saidel 191,750


$ 502,127

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