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$ECDC Expecting strong close today at 2s $ECDC
Its good you are bringing facts to the table. It won't be difficult to figure out ECDC stands out as superior among them. Go ECDC! Next week is gonna interesting.
$ECDC JRLove, Please check the ECDC email Question and answers $ECDC
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102467356
24 Billion is normal for OTC stocks I have seen that before. ECDC has lot of potential No worries!
I will vote 100% for ECDC only. I think no one stands a chance against ECDC StudentConnect product. Student Connect is fully operational and verizon knows its full potential.
ECDC is already developed the product and it is in use over a year now. So ECDC is well ahead of the game. That's how ECDC will be a successful company very very soon.
I don't agree with that calculation especially now that ECDC is linked with Verizon. This stock is going to surprise many. $ECDC will be soon recognized by many potential investors as GEM
Ask questions to CEO in a professional manner and you will get the professional answers from them. I did the same and there were no problem out there. $ECDC will go up soon.
$ECDC With that calculation what will be the PPS in 6 months ? $ECDC
$ECDC Ask professional questions and get professional answers $ECDC
We are talking about 0.0001 stock here. I think ECDC is pretty transparent. There is risk but rewards are great. Things are changing for good especially with studentconnect. Patience is the key.
Check out my sticky post
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102467356
$ECDC Buy and get rich $ECDC
StudentConnect to Showcase at the GA Association for Pupil Transportation Event
MARIETTA, GA, United States, via eTeligis Inc., 06/05/2014 - - StudentConnect Inc., a wholly owned subsidiary of East Coast Diversified Corporation (PINKSHEETS:ECDC), today announced that it will for the first time have a public showcase of its Frost and Sullivan “New Product Innovation” award winning product at the GAPT event on June 18, 2014.
Visitors to the Verizon booth can view and see how the wireless communication between GPS and RFID help deliver instant messages regarding students riding on buses, to parents and school authorities. The StudentConnect software application also offers many features for schools and parents such as online absence request and bus arrival notification for parents, global announcements system used by schools to communicate with parents.
"We intend to continue to provide the solution to schools at no cost. We are excited, as this is the first public showcase of our solution we look forward to unveiling StudentConnect at the event. The technology simply outperforms anything else out on the market in terms of efficient delivery of the most accurate information about student on the bus,” said Kayode Aladesuyi, ECDC, CEO.
StudentConnect will be used on school buses by several school districts across the US and some international markets during the upcoming school year. The system is powered by the Verizon network.
http://eteligis.tumblr.com/post/87893272695/studentconnect-to-showcase-at-the-ga-association-for
$ECDC Buy and get rich $ECDC
StudentConnect to Showcase at the GA Association for Pupil Transportation Event
MARIETTA, GA, United States, via eTeligis Inc., 06/05/2014 - - StudentConnect Inc., a wholly owned subsidiary of East Coast Diversified Corporation (PINKSHEETS:ECDC), today announced that it will for the first time have a public showcase of its Frost and Sullivan “New Product Innovation” award winning product at the GAPT event on June 18, 2014.
Visitors to the Verizon booth can view and see how the wireless communication between GPS and RFID help deliver instant messages regarding students riding on buses, to parents and school authorities. The StudentConnect software application also offers many features for schools and parents such as online absence request and bus arrival notification for parents, global announcements system used by schools to communicate with parents.
"We intend to continue to provide the solution to schools at no cost. We are excited, as this is the first public showcase of our solution we look forward to unveiling StudentConnect at the event. The technology simply outperforms anything else out on the market in terms of efficient delivery of the most accurate information about student on the bus,” said Kayode Aladesuyi, ECDC, CEO.
StudentConnect will be used on school buses by several school districts across the US and some international markets during the upcoming school year. The system is powered by the Verizon network.
http://eteligis.tumblr.com/post/87893272695/studentconnect-to-showcase-at-the-ga-association-for
$ECDC Yes sir! $ECDC
StudentConnect to Showcase at the GA Association for Pupil Transportation Event
MARIETTA, GA, United States, via eTeligis Inc., 06/05/2014 - - StudentConnect Inc., a wholly owned subsidiary of East Coast Diversified Corporation (PINKSHEETS:ECDC), today announced that it will for the first time have a public showcase of its Frost and Sullivan “New Product Innovation” award winning product at the GAPT event on June 18, 2014.
Visitors to the Verizon booth can view and see how the wireless communication between GPS and RFID help deliver instant messages regarding students riding on buses, to parents and school authorities. The StudentConnect software application also offers many features for schools and parents such as online absence request and bus arrival notification for parents, global announcements system used by schools to communicate with parents.
"We intend to continue to provide the solution to schools at no cost. We are excited, as this is the first public showcase of our solution we look forward to unveiling StudentConnect at the event. The technology simply outperforms anything else out on the market in terms of efficient delivery of the most accurate information about student on the bus,” said Kayode Aladesuyi, ECDC, CEO.
StudentConnect will be used on school buses by several school districts across the US and some international markets during the upcoming school year. The system is powered by the Verizon network.
http://eteligis.tumblr.com/post/87893272695/studentconnect-to-showcase-at-the-ga-association-for
$ECDC Sure sounds like StudentConnect. But how reliable is the person you got that info from? We can only speculate until proven. Thanks for posting though. GL! $ECDC
$ECDC Please provide a link or resource to show the details. $ECDC
$ECDC No problem. ECDC will go up sooner than I thought. $ECDC
$ECDC Accumulation is over. Going up soon $ECDC
$ECDC Blullish interesting post $ECDC
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102712097
$ECDC gonna fly soon $ECDC
Most of the lenders are converting their debts to stock causing large volumes of trading. We must meet our obligations to these lenders. These activities are temporary so will their impact on our long term valuation. Management and board feel strongly that the businesses we have developed are in high performing areas of technology and performance will ultimately determine share value.
We appreciate your patience over the last 4 years. We hope you will join us as we embark on the commercial phase of our business and begin to introduce our brands to the market.
$ECDC During the development phases, we raised debt capital from several secondary lending sources in the equity market to support our development efforts. Most of the lenders are converting their debts to stock causing large volumes of trading. We must meet our obligations to these lenders. These activities are temporary so will their impact on our long term valuation. Management and board feel strongly that the businesses we have developed are in high performing areas of technology and performance will ultimately determine share value.
We appreciate your patience over the last 4 years. We hope you will join us as we embark on the commercial phase of our business and begin to introduce our brands to the market. $ECDC
$ECDC That's the best way to do it. Stock will be up soon $ECDC
$ECDC HaHa! Yes, Time is now at no bid! $ECDC
$ECDC I am glad I was not here earlier years. Time is NOW $ECDC
I think $ECDC is gonna pop soon. If everything is bad here then a regular investor eventualy move on. It is not the same. Instead I see many postings and readings $ECDC
ECDC: Potential to become stock of the year.
Here's why.
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Recent email correspondence with Investor Relations
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Question and answers session with IR:
1) In latest 10K it was mentioned "We will launch the StudentConnect Mobile app on April 25 2014. The application will be available on iOS and Android platforms. ". Is this done already? Where can I download it from? Can we get a PR?
No we have not launched the app yet. As you may be aware we had unusual weather in the SE early this year which practically shut most schools done most of the first 2 months, this was set ac for us and did not get back but continue to grow on track till April. However be rest assured the pool of schools singing up for Vir2 did not diminish
Recently we completed our launch plan with Verizon marketing team and it was awesome. Big things are coming
2) The stock PPS is almost zero now. Are we expecting a RS? If so when?
There are many options the board of directors is considering at this time. All shall have one single requirement, "Enhance Immediate Shareholder Value". As business with 3 separate and independent division the option available to us to enhance shareholder value is quite numerous. We simply have done any yet as timing will need to be appropriate
3) Is there any near term event we as shareholders can be hopeful about?
As you know both of our key business just came out of development phase and we are moving to make them commercially viable, this phase require just as mich cash infusion as the development phase to be successful. Content licensing for music movies etc can require significant capital and we are working through this slowly. StudentConnect is growing naturally and we just completed and certified the product on Verizon network, we expect Verizon sales team to be on board by end of the month.
4) I see huge number of Authorized shares along with float. Is dilution going to stop anytime soon? How much more debt we owe at this time? Can shareholders starts getting "some value" of their invested money?
We still have over $1.5 ml in direct investor debt that will still require conversion. However this remain of the lowest concern for the company. Value will not necessarily be determined by number of shares but by the successes of the various businesses. We used these monies to build the company and the businesses and have the obligation to pay them back or convert them to stock. Our total debt for developing 3 technology company is so miniscule when revenue begins valuation should soar. Our balance sheet will be stronger and debt free in short order. It is critical however that we continue to increase authorized shares so we may pay off these debt or a majority of it, especially those we consider to be toxic for our efforts and to do so before we restructure the company. Any restructuring efforts while these debts are still on the books will only result in further harm to share valuation and our efforts.
5) Can we expect company buy backs or retires some shares as I see some other company doing?
We are a small company with no revenue therefore buybacks are out of the question i the short term, until revenue is strong and solid. However, as business with 3 divisions we have many other options at our disposal.
6) Can we hope for a reverse merger?
Cannot answer that question for you at this time as I indicated there many options on the table. We will annouce our decisions as they are made and filed with the SEC
7) Is selling any of of your current 3 products to third party vendor is on cards? I think that will straight away bring cash and company can be profitable instantly?
It is one of many other options on the table. Licensing rather than selling is also a possible option, as we did successfully in licensing California to a 3rd party and is now resulting in fast growth of studnetconnect in the West Coast
8) Many investors are waiting for over 4 years now patiently. When can we expect a new PR that truly help boost PPS
As you know we are a very small company with limited staff. We know things are not happening as fast as our shareholders will like to see them, most are related to resources and lack of personnel, however the staff we have, 12 of us in total in the US and 7 international work aggressively hard to get us to the goals and as quickly as we can, take into considering we have 3 businesses in development. We can however assure you we are focused on bringing value to all shareholders.
It took FB 8 years to build and be commercially successful
It took twitter 6
It took skype 10
Each raised between $450ml and $750ml dollars. ECDC has only raised $20ml . When you out that in perspective you have to respect what we have accomplished
We need money to market. However if we issue shares to fund marketing some investors call it dilution even though we have only raised $20ml to build all the 3 businesses.
9) When exactly company can generate rev and profit?
We are deploying services as we speak. We are bringing our nvite technology to the mobile app as well as all the other unique features such as ecommerce, music, movies sports. The content licensing process is extensive and time consuming but over the next month or so yu will begin to see those come to fruition and Vir2o really demonstrating why it is different form any other social media platform. In the meantime StudentConnect is expanding across the country and will have massive presence in the school transportation business when the new school year begin and revenue kicks off. EarthSearch is now developing presence in the US market and visibly appearing at trade shows to showcase our new low cost GPS device. We will complete the certification with Uruguayan customs next week. So be rest assured we are following through on our filing and the letter our CEO published to shareholders earlier in the year.
10) Can CEO setup a meeting with shareholders to address their issues and company's future?
Yes, he has considered this many times, but he feels strongly that the right time would be this fall when the results and successes from all our efforts will have become obvious to everyone.
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Here are some excellent highlights from 10Q posted by user BLULLISH
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(ECDC) 10Q HIGHLIGHTS-PAGE-19 ON PRODUCT #3-READ.....
Halo2
On February 15, 2014, we created a prototype for a modified and less expensive version of our Halo device called Halo2, which we believe will allow us to be more competitive in 2014. We plan to distribute this product globally for small business applications. Our goal is to reenergize the EarthSearch business with Halo2 and create a mass market solution for small businesses. We believe the product will allow us to be more competitive globally where cheaper Chinese products have created significant competition for our business.
We completed the integration of Halo2 into our GATIS platform in May of 2014 and have begun the marketing efforts to deploy services with this product. Currently, we are continuing our discussion with several local police authorities regarding the sales of Halo2. Halo 2 is now deployed for commercialization.
We are offering Halo2 to resellers and distributors at wholesale pricing of $64.99 and to end user customers at $129.99.
ECDC) 10Q HIGHLIGHTS-PAGE-20 ON PRODUCT #2-READ.....
StudentConnect
StudentConnect began commercial deployment in the first quarter of 2014. In February 2014, we deployed StudentConnect on school buses in school districts in Georgia, Arkansas, Kentucky, California, and South Carolina. In addition, Texas, Florida and North Carolina engaged us to implement systems on their school buses. Our objective is to secure as many schools as we can through the end of the current school year and the summer break to generate revenue for the 2015 school year. We plan to expend a significant amount of resources over the same period to train and distribute products for these schools and for our advertising team to continue to strengthen relationships with local chambers of commerce to enhance revenue in all of the districts we plan to offer our services. Additionally, we plan to launch our StudentConnect mobile application this quarter and implement a mobile advertising platform that we believe will also help enhance revenue for StudentConnect.
On January 15, 2014, we launched a licensing program for exclusive distributorship that would allow for rapid deployment of StudentConnect in key US markets. We have successfully deployed our StudentConnect product on the Verizon Network. We are currently conducting sales training and producing presentation material for the Verizon sales force to market StudentConnect. We plan to engage in joint sales and marketing activities during the summer school break.
(ECDC) 10Q HIGHLIGHTS-PAGE-19- ON PRODUCT #3-READ..
Quarterly Report (10-q)
Vir2o-Social Media Platform/Website
Vir2o, our social media division, has launched its first marketing campaign in the US and North America. We executed a promotional agreement with CBS local Atlanta Radio Station WVEE as the first beta test for our marketing strategy for North America. On April 15, 2014, we launched Radio campaign on CBS Atlanta local Radio WVEE. If successful,we plan to introduce a similar strategy to key markets in North America to allow us to compete even more effectively in the social media space.
We plan to introduce commercial content and ecommerce into social media space. We have entered into agreement with Amazon, collegebooks.com and fanatics.com, an online retailer of sporting goods. We have begun integrating products from fanatics.com and collegebooks.com. We anticipate products from both of these companies to become available to users in the marketplace on June 1, 2014.
We believe the future of social media is to deliver movies, music, and shopping, in a live, engaging and interactive way, for users, their friends and family. Our goal is to join the next wave of innovation to transform social media. We plan to deliver content on mobile and cross platform that integrates mobile and desktop. We believe Vir2o brings everything from the web to social media including online games, video, movies, shopping, and music and live broadcast. It is imperative that we form strategic alliances with content providers for our strategy to be successful.
In May of 2014, we secured a music licensing agreement with Medianet that will give us access to 28 million songs and allow us to offer free music channels to users on Vir2o funded through advertising revenue.
We have reached terms with CES MMA sports and CES Boxing sports to published content and broadcast live event on Vir2o. We plan to have a finalized agreement May 2014.
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Recent open letter from CEO for the shareholders
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http://www.eastcoastdiversified.com/ceo-letter-1.html
Dear Shareholders,
Four years ago we embarked on a journey to transform our business from an entertainment facility construction company to a technology company. We acquired EarthSearch Communications, a GPS technology company and chose to improve the product and services by integrating RFID technology. In 2011 we completed the world’s first wireless communication between GPS and UHF RFID. We also saw the opportunity to use the technology in other areas outside of logistics application. We began the development of applications to utilize the technology for school transportation safety and on school buses. We created a new division, StudentConnect; with an advertisement based revenue program. To support the business we developed an advertiser management platform SCAAP. (www.scaap-ad.com). StudentConnect is one of the most advanced school bus transportation safety technology in the world.
We saw opportunities in social media market, a space we believe will continue to grow for many more decades. StudentConnect will gain access to hundreds of thousand, if not millions of parents who will subscribe to its services and can form the basis for users on a social media platform, so we acquired a development stage social media product to form our new division Vir2o.
Since acquiring ECDC just four (4) years ago and under current management, we transformed the company from a shell corporation to a core technology company with a diversified business portfolio. We redesigned EarthSearch product offerings and added 2 new divisions; and all during very tough economic times, with limited capital market and minimal bank financing. All 3 divisions are fully developed, operational and we have started commercial deployment of product and services.
StudentConnect began commercial deployment in 1st quarter 2014. In February, 2014 we deployed StudentConnect on school buses in school districts in Georgia, Arkansas, Kentucky, California, and South Carolina with other schools in Texas, Florida and North Carolina engaging us to implement systems on their school buses. Advertisers are coming on board as expected with strong support from local chambers of commerce. Advertisers in diverse industries from banking to insurance including advertisement agencies are registering on SCAAP to participate. We launched a licensing program for exclusive distributorship that would allow for rapid deployment of StudentConnect in key US markets. We expect our first licensee to be on board by end of February 2014. StudentConnect joined the Verizon Partner Network. Verizon school transportation marketing team will offer StudentConnect to School districts they currently serve and we will use Verizon network exclusively. We will complete conversion and certification of our StudentConnect devices from GPRS to CDMA network by end of the 1st quarter.
Our social media division Vir2o, has local representatives in Nigeria, Brazil and India and will launch its first marketing campaign strategy in March 2014 and in all markets. After 6 months of piloting the site, we will launch our first marketing efforts by partnering with Radio Stations in key markets to drive user registration and awareness. Radio personality endorsement and live interaction with listeners on Vir2o is a key strategy. Vir2o brings something unique to social media. While some key social media messaging applications are highly successful, it is our view that the lack of content makes for a tough business model. Exclusive reliance on advertising revenue is unsustainable in the long term. User mobility and volatility remains high for messaging services, as users move from one messaging application to another. While messaging applications deliver the instant communication users desire they lack the content to engage users or subscription based model necessary for long term sustainable business model.
We believe strongly, that the ability to deliver movies, music, shopping, in a live, engaging and interactive way, for users, their friends and family is the future of social media. We are going to join the next wave of innovation to transform social media. We will deliver content on mobile and cross platform that integrates mobile and desktop. Mobile is the future but only content can deliver sustainable revenue model. Vir2o brings everything web to social media including online games, video, movies, shopping, and music and live broadcast. Forming strategic alliances with content providers is a key part of our strategy.
During the development phases, we raised debt capital from several secondary lending sources in the equity market to support our development efforts. Most of the lenders are converting their debts to stock causing large volumes of trading. We must meet our obligations to these lenders. These activities are temporary so will their impact on our long term valuation. Management and board feel strongly that the businesses we have developed are in high performing areas of technology and performance will ultimately determine share value.
We appreciate your patience over the last 4 years. We hope you will join us as we embark on the commercial phase of our business and begin to introduce our brands to the market.
Aladesuyi
Kayode Aladesuyi,
CEO
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$ECDC edegoc, Thanks for the post !!
$ECDC I know echos of RS has not died yet but do you think "Reverse Merger" is a possibility here??
$ECDC
$ECDC Best post of the day! 10 Stars ********** $ECDC
Brazyinc12 or edegoc, Could you please combine ECDC posts 73048, 73049 and 73050 in one post and sticky it?
$ECDC I am requesting you 3rd time for 10Q sticky
$ECDC approximately what time frame we are talking here when news will be out?
someone else has prob 2 days ago. consult your broker
$ECDC how many shares you are trying to buy?
$ECDC is a Microcap company with no rev but 3 great products. I think ECDC need to do this because they need to keep raising capital to execute their business plan, especially when they have a high burn rate. Selling equity is the most common way for microcap companies to raise capital until they have sufficient assets or cash flow to obtain bank financing or debt financing from a private lender. Time will tell the truth. GL!
$ECDC Good or Bad we will know soon. Time will tell. GL! $ECDC
$ECDC Purpose of Authorized Shares increase $ECDC
The additional shares of authorized capital stock could be used for potential strategic transactions, including, among other things, acquisitions, strategic partnerships, joint ventures, restructurings, business combinations and investments.
$ECDC Show exactly where they are selling for half the price on latest financial. $ECDC
$ECDC For how long? any idea? $ECDC
Ask your questions to IR. They are pretty quick in answering queries. Please post your answers here afterwards.