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The MM buy them to sell to the public for any profit at all. even 3% a day. IMHO
Kay knows who I am, my attorney just sent them a letter.
The truth is the truth. The Shareholders need to know this.
Why are you scared of Kay? I am not.
Public records show:
1)Kayode A. Aladesuyi, Former President, CEO and Director. Mr. Aladesuyi was the founder and had been the Company's CEO and President from its inception in May 1999 until his resignation submitted to the board of directors at a meeting held on March 25, 2003. The board of directors accepted the resignation of Mr. Aladesuyi after was first informed in March 2003 that Mr. Aladesuyi had plead guilty in United States District Court for the Northern District of Georgia/Atlanta Division to possession of fraudulently obtained securities (financial instruments). This conviction was unrelated to the Company's securities nor was it related to any public company or entity. Prior to this information being received by the Company, present management had no knowledge of this proceeding. The plea resulted in a sentence of 11 months followed by three years supervised probation. In connection with the Company's inquiry of this matter, the Company received a copy of the judgment, conviction and plea dated February 28, 2002. We understand that in connection with his guilty plea, Mr. Aladesuyi was ordered to make restitution of a total of $68,500 to five individuals.
Prior to founding PlanetLink, he founded Vision Records Atlanta, a music production company and one of the pioneers in the Atlanta music market. In 1996, Mr. Aladesuyi entered the film and television industry and started the Loud Entertainment Group. Loud Entertainment Group produced a series of regional programs, which were also aired on the UPN and WB networks including the production of the African American Soap Opera "Sweet Auburn". Loud Entertainment Group is currently managed by an independent consulting company. Until 1994, Mr. Aladesuyi had been an accountant and principal at Associated Management and Financial Services, a tax and financial planning firm. During that time he has assisted several small and mid-size business owners in starting and developing businesses in the metropolitan area of Atlanta, Georgia. Mr. Aladesuyi has not held any position in a reporting public company during the last five years.
Perhaps I can get some help to verify their assets that they promoted and listed on their website prior to 08-20-2012. This was sent today. It is my 3rd request.
I see that you removed the following from http://www.earthsearch.us/about-logiboxx/about-us
Intellectual properties
Issued Patent
Several Patents pending
More than 15 trade and service marks
But your reply to my request as a shareholder was only, that you would update your website.
Again, I am only able to find one application for a patent. US20090069954 was this patent ever excepted as a U.S. patent after you applied for it to be a patent?
Is this the patent that you said you removed in your July 31st,2012 conference call?
What are the Several other Patents that you indicated as Intellectual Property on your website prior to taking this data off on 08-20-2012 after I requested this information (2) other times? IE; How many Patents Pending?
Please list all of these Pending Patents individually.
What exactly are the 15 trade and service marks?
Thank you,
DumpsterDiver,
What are you calling false?
Prior to 08-20-2012 Earthsearch.US had the following data on their website that they promoted/advertised but will not confirm to me.
In fact, the 1st e-mail that I asked them to verify this data, I was told how great their product is and how hard it would be to locate such a product.
Intellectual properties
Issued Patent
Several Patents pending
More than 15 trade and service marks
Now, I understand that in their CC, they announced that they withdrew a patent. I am unable to verify this because all I can find is their Patent application. I take it that this MAy be the Issued patent.
The Several Patents issued: I am unable to verify any other applied for patents at all.
More than 15 trade and service marks?
When I asked them to verify the above, they e-mailed me saying the will update their web site and they removed the above.
So, its against the law to promote assets that you do not have. Its that simple. Now what exactly is false about what I am telling you DumpsterDiver? Or do you mean that ECDC falsified what assets they own on their web page?
A court wil not look at it that way. They will look at it as
Advertising and promoting assets that did not exist
if the company cannot verify everything that was on their site.
They won't care that it's a pink sheet or OTC BB.
They care only about the truth.
Jeis,
Go down a few post and look at what they had posted
On there web side.
You can not post assets that they may not have.
They will not veryify these assets that they now
removed from the website so now I have to get them
a different way. If a company will not verify assets
That they promote on a website to a shareholder
Then I get concerned.
If they will not verify what I have asked for,
Then I will have to have my attorney get them.
Because they removed them off of their website
After I asked about them, I would think,
They may not of had them in the 1st place.
If they did not, then that is a class action suit.
You would think Kay would want to verify these
I requested the patent numbers for the patents that their website
said was pending, I requested the trademarks
that also was on the website, I requested the filed and excepted
Patent number and all I got was an e-mail saying
Thank you, we will update our website.
Well, you can not promote the above assett as you sell shares
and then when some one catches it, say thank you,
We will update it. Now it's been removed but I have
computer prints of what it did say.
It's very plain and simple, I am a large share holder
That purchased shares with the understanding that
ECDC had these assets and they will not verify that
for me as requested by e-mail.
My last e-mail today after telling
Kay I bought x amount of share with the understanding
from their web sites information that ECDC had certain assets on your web site got me
An Auto E-mail saying I am out of the country.
You have allot to learn about posting public records
web promotions and slandering someone individually.
If he has done nothing wrong, then there won't be
any problem.
Have a great Dinner.
This is a public talk board and I may say just about any I want that is questionable and truthful. Its clear that this is a promotional board and you should be concerned about who is watching this board!
Either am I son!
And, they said today, that you we will update it. That tells me it most likely was not true.
I am long and I wish these people were on the level but I am unable to verify this information they posted on their site that got me interested.
You only forgot about how much they owe and how many stocks they added and what the current price is /4.
That's all.
Kay does not want anyone to know about his little deal here.
if he does not have a patent, his site before they changed it today said:
Intellectual Properties:
Issued Patent
Several Patents Pending
More than 15 trade and service marks
I am unable to verify this and believe they may of been untruthful about their assets.
US Patent Application No: 2009/0069,954
CONTROL AND SYSTEM NOTIFICATIONS USING REMOTE ACCESS
I see this is an application for a Patent as you can see but, I am unable to verify that it was ever accepted a a U.S. Patent.
I am going to be working on a class action suit for Kay
promoting assets on their website that they do not and did not own.
I would not of bought stocks in the company if knew this.
Does anyone have a link to the CC that is verbal ?
That's not what they are advertising on their web page.
Intellectual properties
Issued Patent
Several Patents pending
More than 15 trade and service marks
Say's on their web page issued Patent. That tells me that they have an issued patent.
several Patent pending, that tells me that they have applied for patent's with an (S) more than one. It does not say if the patents they have applied for are design patents or an utility patents.It also does not indicate what country they are applied in. I am unable to find any filings in Nevada that indicate anything about any patents at all. I suspect there was never any of the above unless they can indicate differently. as I said, a perfect class action suit. I am stuck in the high .005's and would not be if I knew they did not have any patent issued. This BS about removing one that they filed is a joke. Most likely it was disapproved. IMO
Does anyone know if ECDC really has an issued patent as it says on their web site? A friend of mine sent me this copy of what he sent to ECDC's public relations and he has not received any reply. The CC said they removed a patent that they applied for so it would not be this patent that they say is already issued. Proving they did not remove a patent would be very simple. A class action suit would be in place if they do not have what they are advertising on their web site. Can anyone here help us with this information? I am long and would love to have their data from their web site verified to be true. But, I have my doubts about this CEO. This investor relations page say to go to:
www.eastcoastdiversified.com but their is no such page when you click on it.
This is on your web page:
http://www.earthsearch.us/about-logiboxx/about-us
Intellectual properties
Issued Patent
Several Patents pending
More than 15 trade and service marks
I am working on Due Diligence for ECDC.
Please provide me with the patent number of the patent that you indicate on your web page that is issued. Please provide me with the county it was issued from. I purchased stock in ECDC because I am under the impression that you have a patent issued as it says on your web page. I am unable to find any patent issued to East Coast Diversified Corporation in the U.S. office.
Thank you for your help,
The last thing I want to do is trash this stock Cnote. But, I am down over 80% and I am not happy at all about his. I learned that BBGN&K is privately owned by Kay. in another words, its simply letters. Now, I could not find any patent numbers in the U.S. patent office registered under those letters (BBGN&K)so I thought I would look for some help of others that may know something I can not find.
I am tired of this twitter exchanges as its not the proper way to get any news across and Kay's last answer to a question like: That's strange as to me asking him why the wires are not getting the news to brokers as it should be is p.... me off.
I am a major player here and deserve Kays complete attention. Not some ass telling me crap that he would not say to my face.
CNote,
Its called helping each other to make sure we as the shareholders are not being scammed.
The CC says that he withdrew the patent. But the 10Q after the fact says different. It also does not mention what BBGN&K is, a Corp, Inc, LLC, ETC. or what state it is filed in. Helping each other to verify this company should be what shareholders do. Are you a shareholder Cnote?
Can anyone of you provide any patent numbers that are owned by BBGN&K that are mentioned in the last 10Q?
On October 5, 2011, the Company entered into a license with BBGN&K LLC (“BBGN&K”) for the rights to use certain patented technologies of which BBGN&K owns the patents. Mr. Aladesuyi is the managing member of BBGN&K. The license agreement calls for royalty payments beginning in 2012 of 8% of EarthSearch’s revenues to be paid quarterly. Also on October 5, 2011, the Company's Board of Directors approved the issuance of 1,428,572 shares of Series A Preferred to Mr. Aladesuyi as payment of $200,000 initial license fee.
I am unable to find any patents filed under that name in the US patent office.
Thank you,
Ya, that's it!
Has nothing to do with what Kay is doing.
I am going to work on that thinking now.
WOW!
PJ,
You can believe your lying eyes or what ever you want.
All I want is this stock to go back up to .0055 so I can get out for good.
PJ,
As would i because i am long on this stock.
I just want the truth to be said on a news wire.
I want the shareholders to be able to vote on major decision and not Kay alone.
Look at their web site. It shows patents as being part of their assets but at the CC he said they withdrew the patent. So mis information?
I am tired on Kay's possible twitter as his way of promoting ECDC.
As I said, I want all news to be on a wire to brokers. Otherwise, something is very wrong here.
I have to much money in this company to just turn my head now.
On October 5, 2011, the Company entered into a license with BBGN&K LLC (“BBGN&K”) for the rights to use certain patented technologies of which BBGN&K owns the patents. Mr. Aladesuyi is the managing member of BBGN&K. The license agreement calls for royalty payments beginning in 2012 of 8% of EarthSearch’s revenues to be paid quarterly. Also on October 5, 2011, the Company's Board of Directors approved the issuance of 1,428,572 shares of Series A Preferred to Mr. Aladesuyi as payment of $200,000 initial license fee.
On November 2, 2011, the Company issued 4,285,714 shares of its preferred stock to Mr. Aladesuyi in conversion of $600,000 of accrued compensation due him.
Northern guy,
Does the price look like a conspiracy theories to you?
People in the know sold, ECDC is diluting to pay Kay and his alleged employees. We have invested in a company that pays 49% over 2m to a company that the CEO,his wife and 5 kids own. Come on now,
We now know what is true and what is not.
Unless you cant believe your lying eyes.
Everyone here needs to demand that:
Any and all news is posted properly on their web site. That is free.
That any and all news is posted by a 3rd party wire to brokers. IE: Ameritrade, E-trade, etc.
The they allow the shareholders to have the last say with votes.
Kay has 100% say in anything that happens. I one man show.
That Kay's salary, bonus, and stock is reduced to 250k a year.
750 k a year is crazy.
They have to dilute shares now to keep on paying everyone, there is no way they can buy back shares.
Unless the few we have as shareholders demand the above, we are going to lose.
IMHO
CEO gets 750K a year between stocks, bonus and leases
Shareholders have no say and can not vote
on any mayor decesions.
CEO can't even keep his own home.
Unless he makes these two changes,
We go no where.
It's the most two simple changes that can
be made to bring the share price up instantly.
Big money won't invest into a company unless
the shareholders can vote.
No-one deserves what he is making for a company
with this kind of P/L.
Two facts someone besides me needs to get through
to this man one way or another!
Not as the only way to advise what the company is doing. They use a 3rd party to wire the brokers and this company does not do that. It is concerning me as to why? Money or trying to keep this company as low profile as they can would be the only reasons I can think of.
A CEO that promotes on twitter should say it all. Kay wants to keep this company low profile as he drains it and the money from the shareholders. Ever wonder why there is no news on this company from any major brokers? Seems to me that he does not want it know what he is doing.
Ready he filings again.
They turned stock into $600,000.00
Then he got stick on top of that and fees for a patent.
And in the cc, he said they withdrew the patent.
No reason to post here because this board is one sided.
I am long but I will not lie to hurt others.
Good luck!
I can't prove it but I sure do feel like Kay has shorted
this stock some way or some how or through some one.
.0010 / 4-companies = .00025
The CEO's 750k pay is what ? 40% of the gross?
Kay does not care about ECDC or he would step down. 101 of business is if you have a bad name because of BK or losing assets over payments then you don't CEO a public company.
He wont even let the shareholders vote. Useless to try on this board because it is mostly one sided.
Count on a R/S or BK with this person in charge.
Yes they do and people will not want to invest into them. I know Banks wont. if you trust a person that cant keep his house to run a company then thats not good.
Jeis20,
STOP! This CEO is losing his home!!! Why would people invest in a company with this same CEO? They wont! He must step down before it's too late.
Please stop your promotions and look at the price falling over 85%
Please get it together before its too late and contact him with this request.
Two things have to happen before it is to late.
1) The voting structure has to be changed so the share holders have the last say on mayor decisions. Other wise large investor will not buy this company.
2) Kay must step down. When a person does a Google search on his name, the fact that he is losing his home is all over the web. People are not going to buy into a company that the CEO is losing his home on. What does that say about his ability to run a company?
Please help me get this point across to this man before we all lose our investment because of him.
Thank you,
Try e-mailing the CEO of any publicly traded company that is doing well. You will not even get there e-mail address because they are to busy working to bring up the share price for the shareholders. Not selling shares until they R/S and start again. And please do not give me that no R/S from the CC. Its a matter of time now.