East Coast Diversified Corp (fka ECDC)

[PeterGates]

$ECDC: From January 1, 2015 through April 14, 2015, the Company received $265,500 of advances from Health Information Systems Fund, LLC, which bear no interest and are due on demand.

$ECDC Some positive Developments from 10K

1) ECDC have presented employment agreement to C. Dean Alford to take on the position of CEO of StudentConnect so Mr. Aladesuyi current Chairman and CEO can put more focused on making EarthSearch and Vir2o.

2) ECDC have executed 5 year agreement with 15 school districts with approximately 40,000 bus riders. In addition they are actively engaged in pilots with several school districts. Once fully deployed these would form the foundation for revenue from their StudentConnect operation.

3) ECDC are paid 40% of service fees collected from each participating student per month and 60% of advertising revenue generated on messages sent to parents.

4) In April 2015, ECDC launched a new web site for the promotion of Halo2. www.gatis-lowcostgps.com

5)The Company plans to register multiple trademarks with the USPTO. They are LogiBoxx, GATIS, TrailerSeal, RFSeal, MobileMANAGER, and has filed registration for Vir2o as well. At this time, the trademark applications are pending through the comment process with the USPTO.

6) More than 70% of ECDC's current partners and distributors are former competitors to ECDC's GPS offering and now offer ECDC's integrated GPS/RFID solution to their customers.

7) ECDC hope to launch the newly redesigned platform for Vir2o by end of the third quarter of 2015.

Negatives from 10K:

1) The Company will need additional financing in 2015 to carry out its business plan. There can be no assurance that financing will be available or if available, that it will be on terms acceptable to the Company.

2) ECDC do not currently have a Code of Ethics. ECDC intend to adopt a code of ethics that would be appropriate for their business as soon as practicable.

3) Many going concerns.

4) Future Share Dilution

Lastly ECDC does not address any shareholders requests or concerns.(This is not in 10K but we know that.)

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Recent Questions for IR
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I think ECDC CEO needs to address following to begin with:

1) DTC Chill: If NOT there why claim it is there? If DTC Chill is indeed there how he is going to resolve it?

2) Last year 10Q said By this school year company would be actively engaged in many district school buses which in turn should have started generate Rev/Profit this year itself. Why wait till next school year then?

3) How is he planning address expired company license? It got expired in July

4) He says external elements prevent him from posting PRs. Then how is he going to attract new investors?

5) He promised shareholder meeting this fall. Where is it?

Thanks to poster Tonyo & BX3 for forwarding it to FB and IR.

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VERIZON/STUDENTCONNECT booth 'pictures' for anyone that missed them. Thanks to the poster NY & Serious. *****************************************************************************************************************************
Pictures of the booth:

http://investorshub.advfn.com/uimage/uploads/2014/6/19/dwhrwimage.jpg

http://investorshub.advfn.com/uimage/uploads/2014/6/19/dksmlimage.jpg

Serious's posts about the event:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103450325

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103460825

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103461035 (Can't find 'this' post anymore, but here's part of it): "Verizon booth Say what you must, its more real than we all think. Verizon Rep "this product will give us a lot of leverage to get to customers we could not get before and the "Free will give us leverage"

Guys we think it is just ECDC benefiting from the relationship? Wrong!!!o

Verizon will know and have access to all parents not using Verizon cell phone and market to them. Verizon is going to use SC to corner cellphone biz completely.

ECDC is bringing something to Verizon to grow its core businesses. Including internet, 2way radio and other services to schools. ECDC will grow crazy. Definitely there will be restructuring but only when it will benefit shareholders according to Kay. "We must be able to sustain any added valuation from restructuring and that will only happen if we have revenue to sustain it" so there is a time for everything. He said he has only done one reverse and knows it was a mistake and done too early will not make the mistake again.

He answered all the question we had here. Spent 30 minutes with him after the event I enjoyed every moment. "

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103461317

Enjoy the rest of the weekend,
NYCrew

ECDC
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