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Re: tonyo524 post# 78913

Sunday, 04/26/2015 1:15:48 AM

Sunday, April 26, 2015 1:15:48 AM

Post# of 80403
$ECDC As per statement in 10K by Kayode Everything from his side is ready to go but StudentConnect delay is due to "bureaucracy and delays" in assigning ID badges to students by Schools districts.

Read below.....

We launched the StudentConnect mobile app, which is now available in Android and Apple stores. We implemented advertising platform form AdMedia and Admob by google. We experienced significant delay in deployment strictly die to bureaucracy and delays in assigning ID badges to students by Schools districts. 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.


Last year in his letter to investors Kayode kind of indicated in year 2015 ECDC gonna be one of the fastest small scale startup company. It is hard to believe if he is asking more time to implement it. He is overdue to deliver his promises to investors. If he is asking another 5 years to show result, I call it Bull Sh!t.

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