I had a chance to stop by the ECDC office in Marietta, GA. When I arrived, again there was no receptionist that appeared to be working but about 5-6 people in the back. Mr. CEO was MIA.
I spoke with a few people in the office and seemed like everyone was there for student connect. It is my understanding that student connect is still slowly expanding and being worked on, but that is still unclear (it would be nice to know for sure how that project is being funded, I know there has to be big money behind it).
At the end of the day though, we have a 10B share structure and dilution which may could exceed the structure from looking at debt obligations. Personally, I hope to get out on the next bounce. The lack of PR's with substance make wonder if a r/s is in the works; not to mention people not wanting to be the beneficial owner of the stock as per the last PR.