East Coast Diversified Corp (fka ECDC)

[PeterGates]

$ECDC 10K on StudentConnect:

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

We have presented an employment agreement to C. Dean Alford to take on the position of CEO of StudentConnect. This would allow Mr. Aladesuyi our current Chairman and CEO to put more focus on making EarthSearch and Vir2o so we can take better advantage of opportunities in the markets represented respectively.

We formed an international division of StudentConnect and have executed licensing agreement with Smart1st in Lebanon, Location Solution Telematics in Dubai, DCGroup in Saudi Arabia and Halogen Security in Nigeria. We shipped 100 bus units to Lebanon and 25 bus units to Dubai and Saudi Arabia respectively for their initial pilots.

Distributors purchase product/devices, and share service and advertising revenue with us. We are paid 40% of service fees collected from each participating student per month and 60% of advertising revenue generated on messages sent to parents.