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ECDC #1 Volume on OTCBB (2 days in a row)
ECDC #3 on most active IHUB forum.
All of us who have been have always said just need more interest and this thing will jump like crazy. The interest is here. Get in now before you get left in the dust!!! Buy in this dip cuz this has higher highs and higher lows everyday. This is the best price You will get!!!!
I know I just got even more.
ECDC
I think it is a matter of a few hours before we break a cent. The shake has been completed and the rest of today will be huge. IMO
They are back to earth right now but getting fueled for launch right now. Houston has cleared the launch and we are counting down 10...9...8...7...
HEAVILY IN DEBT?????
The company has around 13 million in debt over many years. Now if the PR is true, accounts receivable were cut by 1 million so then it is down to 12 million. They are on track to have a profitable year so that will cut it down even more. This company only needs to ink a few more deals to cut this debt even more.
This is all without any real revenues from Student connect, no revenue from wetwinds, and Rogue Paper working at 25% of its opportunity. RP alone will double the revenues of this company when they launch the APPs on Android and desktop. There are 3 times the users on android and lets be honest people that would watch MTV are more likely to have an Android than an iphone.
BIG DAYS AHEAD!!!!!! GO ECDC!!!!
Dipping Now!!!!Buy to get real profits!!! ECDC PPS will finally meet up with the actual value of the company. Big Days ahead!!!
Pennyland WOOOOHOOOO!!!!! This will be up to .02 or higher today Big day here!!!!
4 divisions. Huge revenue increases (More revenue in Q1 than year 2011). Launching Social networking site this summer called wetwinds. Valuation of one subsidiary puts this company worth .015-.03. Any questions???
ECDC BIG Days Ahead!!!!
Good Morning Everyone. ECDC is on track to finally get into the areas that it should have stayed the entire time. What I love is that this has been a sustained growth of weeks. This will stay up and we can only hope to add on the little dips we will get.
GO ECDC
Regarding Deletion of Posts
Posts are not being deleted by any of the MODs on the board. Today, the IH Admin has deleted about 20 posts.
Keep the personal attacks at bay and keep it aboiut ECDC and only ECDC and we will be ok.
Give reasons for your post: Why?
After hours up to .006... This will go up Mon and Tues and will hold....Nothing but good days ahead for ECDC. Good luck to all!!!
After Hours hit .006. Higher Highs and Lower Lows...ECDC is on its way. It will be holding 2.5 cents by end of May. Mark It!!!!
Can you please reasoning for your post?
Valuation of ECDC
I was just curious what the experts say about the worth of a company and I ran across a calculator to value a publicly traded business. It asked many questions so I entered rough figures from last years 10K and assumed revs stay the same for the rest of 2012. According to these calculators a company with Zero debt is worth 25-30 Million dollars at the current revenue rate. So, figuring the $12 million debt load of ECDC the company is then worth between $13-18 million. At that valuation, (with 496 Million shares O/S) the PPS should right now should be .027 - .037.
So without any operation of Wetwinds or student connect the company should be 5-9 times this value. Tell me why you agree with me or give real reasons you do not. IMO
Tell me why you think that is a ridiculous valuation.
Current share structure 496 Million shares at 5-10 cents would be a value of 25 - 50 Million dollars.
With debt going down, valuation of RP at 1.5 million (before rollout of Android) big revenues and any new deals for Student connect. Wetwinds will roll out as well by August as well.
ECDC UP 5% ASK EXTREMELY THIN
The charts show a huge uptrend and the ask is very thin. Currently at .0042 could easily be taken to 300% of that today. This is a flippers dream and also a long term dream at the same time. Big Finance deal completed this week.
Has 4 subsidiaries that are all (independantly valued) worth more on their own then the current PPS shows. Big days ahead.
Check it out and jump in to make some $$$$.
This is set for a nice run...Get out there and remind the rest of the world ECDC is still going strong. Hit up the big traders forums with some ECDC plugging. GO ECDC
I cannot wait. My wife has it on her iphone but I use an Android device. Can't wait until they make all of these APPs available to the biggest customer base which is Android (not to mention that the age range for MTV is likely those that could more easily afford an Android phone). The user fees will explode...IMO
Your posts at least the first one was deleted by IHUB MOD Squad. They believe that you are committing off topic conversation and personal attacks. The one I saw from earlier was not deleted by anyone on this board. Please read the reasons that posts can be deleted.
RFID is being used widely at this point. RFID tags are used at nearly all of the large super markets, and Paywave technology is RFID. Nearly every credit and debit card made these days has an RFID chip inside. Games, Computer software, clothes, etc. have RFID tags inside. These are the wave of the future.
There are school districts all over the country. The customer base is much larger than one other small company could ever handle. If this were AT&T, Microsoft, or Apple, I would worry but some other small company can have a few school districts. A little competition is never a bad thing.
On a brighter note, first, this shows that it has been proven that this type of system works. Second, it shows that a comapny with a similar business model can make money doing the job.
More positive news for ECDC.
There has been POSITIVE dilution. I don't think anyone can disagree with what you are saying. My point to that is to me, it doesn't matter as long as I can see the need for share issuance. There was a need in Q1 to finance business operations. After all, orders only pay for themselves after they are produced. Production costs money thus the need for positive dilution.
It seems that many people on this board want this company to be fortune 500 yesterday when it is simply isn't. The company just does not have millions sitting in the bank to finance changes to their business. The reason a small company like ECDC goes public is to utilize shareholders as a means of financing. It is up to each shareholder to decide whether that financing is acceptable or unacceptable.
Now if I saw evidence that these shares issued were being used to enhance the CEOs personal life (as many penny stock CEOs have done in the past), I would be livid and posting it everywhere I could. The evidence, however, suggests that every penny that comes in from this financing is being used to finance business operations that will in the near future allow the company to show its first quarterly and yearly profits...IMO
We could be pessimistic about that or I could say that's another over 1 Million dollars off the balance sheet and closer to profitability. Big Days coming!!!!
They don't need them...they create the platform and make money based on a percentage of the advertisers that MTV and VH1 have on their apps. That is how all of these platform makers make money. They set up the app platform for the company, the company then makes utilizes the APP adding advertisers to it and rogue paper makes its money as a percentage of that revenue. They have nothing to do with getting the advertisers.
How does any free app make money? How does any internet company make money? How are many of the most valuable companies internet businesses? How does facebook make money? How does yahoo make money? How does ihub make any money when most subscriptions are free?
ALL OF THESE ANSWERS ARE THE SAME:
ADVERTISING!!!!!!!!!!!!!!!!!
I didn't say that I knew Student Connect had any offers. What I said was that the revenue projections do not include any possible revenues for student connect. It is possible we have 0 orders for it at all and we would still be on track for revenue neutrality this year. If the other subsidiaries (student connect and wetwinds) begin to have their own revenues, it will go even higher. That is the point.
Currently we have had 600K in revenue when really only 1 and a third of the subsidiries are fully functional. Rogue paper makes money by allowing MTV and VH1 to use their platform likely by making a percentage of the ad revenue. Tripling the customer base can only increase that revenue. And once student connect and wetwinds get moving the revenues have the potential to skyrocket.
Many people have RFID trackers being put in their animals in case they are lost or stolen. It is not that farfecthed as you suppose. In fact it is one of the services that makes the most money for Vets and animal breeders. It is also a system used in agriculture for yeats by farmers to track their flocks.
Animal RFID
The company has already made nearly half of that projection.... That projection is truly extremely low. remember that there was 600K in quarter 1 alone. We are on pace for 2.48 Milllion and again that supposes that Wetwinds makes zero, rogue paper has no increase when they triple their customer base, and student connect does not make any money with the new school year in september. Honestly, it is hard to believ anyone does not see the true potential with ECDC??
That is why I believe the naysayers are just trying to scare people into selling so they can get a huge amount before the 10Q comes mid-may, and especially before the end of 2012.
And they have cut expenses non-stop but think about this...On track for 2.5 Million in revenue. so they are on track to be revenue neutral and that is if wetwinds and student connect make absolutely zero and rogue paper makes nothing more when they expand the user base 300% by moving into android. Seems pretty exciting to me. Lots of potential here.
Issuance of shares is not always dilution. Dilution has such a negative connotation. Many times when a company needs extra money for operation they issue shares. In pennies a lot of times this is so that the CEO can use the company as his/her own bank account. In our case it is because there was a 300% increase in revenues (meaning orders) that had to be filled. Because people don't pay for products up front the company needed to utilize the issuance of shares as a way to finance the orders that were placed. Because the revenue was so high, it is likely that the cash from that revenue should be high enough to finance the next quarter which means the "dilution" will end.
With all of that said the current PPS is still a ridiculous notion when you consider the 4 divisions of this company. The current PPS gives a market share of only 1.7 Million. With the independent valuation of Rogue being at 1.5 million, does anyone truly believe the other 3 divisions are only worth 200,000 dollars?
This PPS is ridiculous...simple as that!!!!
Share count is less than 500 Million....Most pennies would kill to heve a share structure like this. Many pennies have billions of shares and dilute by the billions. We sell 150 million to finance operations because we are growing faster than current cash allowed. After Q1 the dilution won't be needed because the cash from sales will be able to pay for the ability to fill new orders for the next few quarters. BIG Days ahead.
Read the post...Death for the shorts..not the stock. Buy now if you want or lose the opportunity ECDC offers.
I am happy that expectations are increasing becuase it is just another sign that ECDC is getting ready to POP like crazy. Every day there is some new positive signs for ECDC. I am not like those that believe that we are 2 days away from being millionaires but i like that each week I feel that it is more likely that this will move north and very far north in the long term.
10 DAYS IN A ROW VOLUME ABOVE AVERAGE
So, how many days do we have to have above average volume before this board will understand that this thing is building with much more interest!!!! There are more people holding shares, more boardmarks here, more volume than average everyday. This stock has all the makings of a great long term hold.
Oh and we are now at 6.5 million over 1.5 hours. Is that enough?
Gotta love this post because a few weeks ago we were lucky some days to have 3 million all day. The expectations have increased so much and that is awesome for ECDC. We no longer expect to have a few million shares traded and no interest. The expectation is that we will get well over the average everyday. Great days ahead. Good Luck everyone!!! ECDC
ECDC is by far not a pump and Dump. This is simply not a stock for someone who is looking for quick cash. This one will be long term profit generator. Big days ahead!!!!
PJ
Your post actually is what he is talking about. At the end of the year we were likely under 300 Million shares and then it does seem that they have issued about 150 million during the first quarter (between Jan 1 and Apr 1). It was likely that the huge increase in orders required some financing. With revenues of over 600 million that means orders had to be filled likely and since orders have to be filled before they are paid...the shares were likely used to finance the rapid increase in orders.
ALL IMO
That is what I was terying to do but that is the thing that sucks about limit orders; when there is a better price it takes it no matter if you were trying to make that happen or not. There has been a lot of things like this happening to me lately and I may move brokers becuase they have severely limited some of the things I like to do.
I actually got a few more at .0039 but only about 250K and I had it set .0041 but it executed at .0039. I was trying to hit the ask a bit...a tad annoyed.
No they have distributorships throughout the world right now. The latest 2 partners to be added were in Kenya and Canada but there are partner agreements in the works or already in place all over the world. This technology is big in the middle east and Africa as a way to track theft of Crude Oil and other commodities being shipped all over the world because it can tell if someone has tampered or lowered levels of a product during shipment.