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Got your msg thanks.
That's right. Someone sticky the big news asap! Vir2o is ready for the world to explore.
FYI I still have about 50 thousand shares of ECDC which I paid $0.033/share for on 05/13/2011 and I'm not going to sell those any lesser than what I paid. Just like everyone else complaining of the current PPS, what would you say about me and others that spent thousands of dollars a year ago just to acquire some thousand shares of this stock? Why am I not complaining...but still buying? Of course I've made money from this stock earlier this year, but that was just chicken change to me.
I see this stock trading over 5 - 10 cents by summer next year. I wont stop accumulating at every low level until I reach 50 million shares at least. Fortune awaits the patient. Good luck!
Four words: Time will prove otherwise.
Just because A/S was increased to 6 billion does not mean they would all be released into the market. It's only been roughly 2 years since the company started trading on OTC. Other companies in their development stages cannot even boast what ECDC has achieved in just 2 years. Public companies use shares to run the business at least till they become profitable. Be patient!
I understand what's going on here, but it's unfortunate that you don't. I'm not convincing you to buy or sell anything. The choice you make is yours. Just that many here expect success overnight, without practicing patience. We'll see where this stock will be at in the next few weeks. GL!
"The stock market is designed to transfer money from the active to the patient." -Warren Buffet
What is dilution 'ysung'?
Web definition: Dilution is a reduction in the value of a shareholding due to the issue of additional shares in a company without an increase in assets.
ECDC went from one company to four companies, has asset not increased? Or is it because the increase in authorized shares occurred after the establishment of the 3 new ventures?
StudentConnect
ECDC has officially launched StudentConnect, our school transportation and safety division. We have had several presentations to a number of school districts throughout metro Atlanta. As a result of the positive response from parents and school officials, we expect to formally launch services to a number of schools during the new school year. Our strategy is to focus on the metro Atlanta market and strategically expand service offering to other parts of the country for effective deployment of the product.
We have also received a positive response from other countries specifically Nigeria, Guatemala and Dubai and will look to develop support operation for international deployment over the next 12 months.
WetWinds
WetWinds is global technology company that provides interactive social media experiences for users across the globe. We are currently developing a virtual desktop-to-mobile technology called “Vir2o” that will help change the way users socialize and interact on the web in real-time. As part of its operations, WetWinds has hired a team of seasoned designers anddevelopers to complete the development of the social media site and mobile application.
We intend to deploy the site on game consoles, mobile devices and desktops.. Vir2o beta platform is schedule to launch by end of 2012.
Rogue Paper
Rogue recently relocated to a larger facilit y and is hoping to expand its sales force by the end of the fiscal year 2012. Our key client recently expanded the use of our software and we intend to continue adding additional programs to the platform . The Company is hoping to grow via merger or acquisition over the next twelve months in order to help enhance revenue opportunity and add key personnel to our operations.
There's no better time to load up cheapies but now. Many fortunate buyers at this level will make a killing when this thing goes up IMO.
One again...debts coming due. Don't act like you dont know this flaflyersfan.
Some debt coming due?
History? C'mon now 'OCMillionare' let's keep it real here.
Kay on behalf of EarthSearch acquired ECDC roughly 2 years ago for $300k and EarthSearch became the business of ECDC henceforth (a new/restructured corporation). The stock was trading well and at a steady rate, until now the company needs lots of funds to get 3 other new ventures off the ground.
How much deeper into the history of ECDC since it was acquired by Kay do you want me to go to prove your statement false?
From the recent 10-Q: http://ih.advfn.com/p.php?pid=nmona&article=53823548
With four divisions what is 6 billion shares? And who says management will release all into the market?
Don't think I understood your opinion on his public statement. But let's be honest and realistic at the same time: You would buy this stock at this low level if your instinct (DD) tells you PPS will jump when ECDC release news about product launch. True or False?
Alright, understood. The opportunity is what brings us all here. GL!
All depends on what you regard as a lie or should I say misunerstood statement? We have to not forget that as the CEO he's not suppose to disclose much information that is not ready for publication. Asking for too much info will only keep you in the circle as to what the company is working on. It's not like you can predict the future of the company.
Sure. Who on earth wouldn't want some dirt cheap shares @ .0003 when they see the potentials? Know your instincts!
You have to remember: Someone dumps, the other scoops. It's called transfer/exchange of shares (product) for cash, i.e trading.
Disregard Brandon, he's not trying to be logical here. If you look closely, the author is actually informing the African people of the forthcoming launch and let's not forget that Kay is an African, so he definitely needs the support of his people.
$ECDC
Just acquired a milli more at a dirt cheap price. Holding strong, holding long.
Go $ECDC
Looks like a weak hand just gave away cheap shares to MM's @ .0003, I do hope my limit buy order execute today, it's been roughly 7 days now and I can't get some cheapies at .0003.
I understand. It's just the over-bitterness of some small time investors here that discourages the passing of information on the board. If many others and I are not going gaga over -90% temporary loss or decrease in our investment, I see no reason why few others on this board can't practice the same patient technique vital for investment strategy.
The most important thing is to try understand what the company is doing, why they are doing it, and the negative and positive impact of such actions. We have to consider what the company has to lose or gain for each corporate action taken, same way we consider the risks involved in our investments.
The ECDC stock cannot receive further beating below this level, the PPS will regain stride when the market start to receive signals about product launch from any of the subsidiaries (soon).
Great post Elleryqueen. You seem like a very nice person, and the information you have shared here today would be very helpful for many, but some will still criticize your efforts as I've seen in most of the replies.
I'll suggest you not post your conversations with the CEO any longer, I doubt if he'd appreciate that. Even though you meant no harm by posting, some here are aggravated that you successfully had a long convo with the CEO, unlike some who have been rude while trying to reach out to him with little to no response.
GLTA
'Nelia' you do know day traders are aggressive gamblers right? and that does not make one an investor unlike majority of us here for long term potentials.
Imagine a CEO answering questions of a day trader in regards to stock or company progress.
How I wish ECDC has more investors and less day traders/gamblers.
In regards to your query about the plans of the additional 4 billion shares, you may have missed the following info publicized in the proxy statement:
Don't get me wrong, I appreciate your opinion. Some of the things you've said or been saying has made me investigated the company (EarthSearch not ECDC) and the CEO himself, including his former businesses and his colleagues, including Joe Kozak, etc.
If the company's intention was to make people believe they are trying to build a successful business by luring them to buy the stock, I would have known and not invest in future potentials.
In the past few weeks, I took my anger on the CEO like many others here, for not releasing a PR since the announcement of the 258% Year To Date revenue growth back in August this year. At one point in time I even went ahead to beg him to release one single PR (so that I can dump shares) about one or two deals the company is working on but he refused. His reason was that he doesn't condone in pumping the PPS, but when time is right a PR will be released and it may or may not impact the share price.
I don't want you having the impression that I was or I'm mad at you, I apologize if that's the case...but I have so much foresight on the company to allow anyone to be criticizing.
The increase in A/S currently benefits the company and not shareholders, but that is understandable. What the company is working to build at the moment will justify the share price in the very near future.
Anyone buying this stock should do their research on the CEO, his former company Planetlink Communications (which he sold), including BBN&K (not sure if I pronounced that one right).
While conducting your research on ECDC, EarthSearch, or the CEO, mind you that Kay did not acquire ECDC until December of 2009. So any other research on ECDC prior to that date is irrelevant.
Additionally, we all know EarthSearch is already profitable, and RoguePaper already has deal with MTV and VH1 with their app (more apps to come). Remember they now have over 1 million subscribers ready for monetization. What's next in line now is StudentConnect and of course - the highly anticipated Vir2o.
When EarthSearch was the only business of ECDC this stock was trading well, everyone was happy. Now, the company needs capital to develop the new ventures by diluting shares, and we complain because we only care about PPS. This thing takes patience, and time will tell.
'Opt' you seem to speak without knowledge. There has been no reverse split of common stock since EarthSearch acquired ECDC roughly 2 years ago and Kay has responded to queries time and time again that he won't do such thing as reverse split.
The only time ECDC (the former corporation) did a reverse split was back in April of 2009, and at that time Kay has not yet acquired ECDC. Pls if you want to post on this board, do not do so with the intention of deceiving others.
It's funny how when the PPS was looking good few months ago, many here (including me) were happy while bagging profits from their investment. My initial strategy with ECDC at first was to buy cheap and sell high regardless of how well the company was performing, all I cared about was PR and more PR's. Now that I'm getting to learn more about the company, their products, and future plans - my strategy now is more focused on the future and not the present.
Of course am a little disappointed right now with the current PPS, for the fact that I bought lots of shares at .002 and .003 months ago, but I know my investments are still as good as the new shares am acquiring now at this price. (Remember: 52 week low before take off)
True investment is never ever about the present but future potentials. When your investment strategy is about the present, then you are a gambler and not investing.
I think everyone should take time to learn about the company and their products, not just stock or share price.
FYI 'Flaflyersfan', Kay does not only own WetWinds/ Vir2o, Earthsearch, StudentConnect, he also owns majority of Rogue Paper following last years acquisition.
Let's be realistic for a moment: If ECDC has "failed" like you claim, then why are you interested in a failed company or stock? Your intentions are clear and we all know this: which is to trick people into dumping their shares for fear of loss.
Time and time again the CEO has made it clear that development is of high priority for the company at this stage and not share price. Those hoping to get rich quick in a week or month by investing in ECDC will be disappointed, no doubt about that.
Surely, if the company starts pumping share price by dropping PR's every other day or week, the PPS will fly and many will dump and bag profits. Many investors have been doing this for a while now and that's how they make money in OTC stocks.
Now that the company is diluting shares in order to fund development, you want to sit their and bash them? Can't you think? If ECDC was your company, will you be more focused on share price or developing your company to make it profitable?
ECDC (the new corporation) is at its development stage and its only been roughly 2 years since Kay acquired ECDC. StudentConnect and Vir2o is yet to launch and you criticize the company so brutally...your opinions are completely biased.
Give this stock a break mann.
I believe majority invested here are more concerned about the PPS or value of the stock, and not the business itself. But am excited about the forthcoming launch of Vir2o, and interested in the successful development of all subsidiaries.
So let me ask you this: If you've had previous experiences with OTC companies that announced a new product launch which sent the PPS sky high and then drops back again after a while, you made big money from your fortunate investment - wouldn't you be more likely to repeat that again with another potential company? Especially when you know or have an idea how true and big the product is.
You just take a moment for the sake of due diligence and track what happened about 2 years ago when ECDC announced the launch of EarthSearch's Logiboxx proprietary device. See how high the PPS flew, even though Kay had just acquired ECDC then, a former nightclub/entertainment company.
I doubt if that .0003 order will fill before take off. I've had .0003 order since yesterday and none of it filled yet - I don't use 'all or none'. However, my .0004 order filled! Big money to be made here guys, this is not a pump nor a joke. IMO.
Go $ECDC!! (Breakout board may signal this soon) New faces are boarding the ship.
...and the new holder of those 5 million shares has made a fortunate investment. You have no clue how big of a deal it is to acquire that much of ECDC for only $2500.
Appreciate it Wayno2
No problem Magicmk. All the best.
Can someone pls post screen shot from Level 2?
It's the same email address we all have: kayalade@earthsearch.us
Just be courteous when communicating with him if you want reliable answers. Don't ask for too much info either. It today's corporate world, people steal ideas in a heartbeat - you have to play smart.
Goodluck!
Let's go back in time when Kay acquired ECDC for a whooping $300,000. Does anyone here think Kay has recouped all his investment in ECDC to back out at this early stage? It's only been roughly 2 years + since EarthSearch acquired ECDC, and is in it's development stage. A development stage for a company can also be considered as "non-profitable/loss stage".
The same way ECDC went from few thousand shares traded daily to over 2 million day trades - sending PPS up when it announced launch of its "LogiBoxx RF Pioneers Wireless Communication Between GPS and RFID" back in mid 2010, ECDC - soon will experience the same again but with a bigger leap when it announces the launch of Vir2o. Everything is timing.
ECDC was once a former entertainment/night club company before 2010, when EarthSearch acquired the company and made EarthSearch the sole business of ECDC.
If ECDC was trading well back in 2010, including 2011 with EarthSearch alone, I see no reason why it won't be trading above $2 dollar with the newly added subsidiaries in a year or two.
RoguePaper was recently acquired not too long ago, StudentConnect was recently established, (new) WetWind's Vir2o is being developed; all in less than a year or thereabout and many here thinks the company is a scam (without proof/evidence).
“Opportunity comes but does not linger.”
Time will tell.
Go $ECDC
Guys, 'Lucky Charms' is right. $ECDC should be experiencing a big bounce soon. Pay attention to the signals, pay attention(observe).
Don't buy more of ECDC. We all should stop buying, maybe then Kay and his ridge investors will stop dumping shares. If there's no buying, there'll be no selling.
I've already told Kay to stop killing this stock in the name of funding development. You don't have to beat the life out of a stock to raise funds. Sure, when a stock is the only source of a development stage company raising money - the stock is expected to receive some beating, but not death blows (heavy dumping) that knocks life (value) out of a stock - completely.
We all should expect a rebound soon or later IMO.
Alright thanks man
Can someone post screenshots from L2?
'budmgd', that is because over 75% of the people on the ECDC board are here for quick fortune. It's like no one really gives a damn if the company grows or not, "Just shoot the PPS up so we can make money and get outta here!" - that's the mentality of most IMO.
Kay have said it time and time again, that anyone who thinks the company is a scam, should get the SEC to investigate them. The company is raising capital to grow the business like you stated, but the fact that the procedure is hurting the PPS - short term investors are getting their feelings hurt.
There's a reason I keep accumulating at this low levels, (after figuring how low this can go), I believe we should see 150% - 300% bounce when this thing is ready to go again. Many don't realize or have forgotten that this stock has a high beta (when it falls and when it rises).
Like I said, Day traders are part of the reason. Dilution you speak of, is the company using paper stock to fund development and growth. This is healthy for the company but hard on the PPS, it's that simple.
Day traders are one of the major factors why the PPS is hurting, they dump millions of shares at just a few climb. Longs get to surfer it now, but would reap the benefits of their patience in the very near future.
Reason for the drop in PPS? The company is using paper stock (shares) to borrow money, and of course the company is not paying back such funds in cash money. The lenders end up dumping millions of this shares to get back their money. That's just how it works, but some see it as dilution.
Another reason for the drop in PPS is that the stock is being manipulated. Yes, manipulation. Penny stock companies, especially those with potentials such as ECDC, are very prone to manipulation. The market makers and shorters play a dirty game with this stock in their favor.
With all this PPS manipulation comes fear, shareholders are systematically forced to dump their shares at a loss. Not realizing that the PPS will go back up again like we've seen it do over the years.
The only reason anyone should sell their ECDC holdings is if they can predict a downward future of the company such as going bankrupt. One only losses money when they sell at a loss. In my opinion, I think this is the best time to acquire this stock at such a low price, it's just unfortunate that many of us already here (longs/shorts) don't have any more funds to risk. But those who sees or predicts an upward trend for the stock of ECDC are acquiring millions at this level, and would likely dump with a few climb in PPS - this dumping also keeps the PPS down.