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With another 4 Billion shares on the way, what we need to know is how many of those shares does ECDC management actually intend to sell on the market? If its close 3 Billion plus that will be sold eventually, I think ECDC will hit .0001 for sure. Yesterday, I put an order in to buy a boat load of shares at .0003. I pulled the order today and will wait to see if this massive selling continues. 4 Billion is an awesome number of new shares. Of course, if ECDC is able to successfully to market this Vir20 and other products that ECDC offers, this should increase the pps for ECDC and thus reduce the number of additional shares needed to be sold. What is clear is that ECDC's balance sheet is fairly good when compared to other penny stocks. Thus, this does not appear to be an act of desperation by management but capital formation for future needs of the company. It appears this massive dilution is to raise capital to put on the market ECDC's products. If that is the case, and I think it is, ECDC will pay off well. It will be up to us as the investors to maintain our pro rata portion of common stock in ECDC as the new shares are sold. We desperately need another stockholders meeting to find out what the thinking is by Kayode and the others at management at ECDC. Simply raising the number of AS to another 4 Billion does not end the subject. We need more info about how they plan to these new shares, if at all.
I agree Kevo. It's sad.
I am building a war chest now, if and when ECDC hits .0001. I don't know if ECDC will hit .0001. I do know the stock will be mucho granda higher by the end of the year if not sooner. .0001 would be a bargain of a lifetime in my opinion. Dilution is part of the price for investing in penny stocks. Flow with it. Work with it. Average down. Keep cool.
I will be glad to take all your shares flaflyersfan.
I predict that if ECDC hits .0001----everybody best get out of my way!! I will buy the company for myself!! Go ECDC!
TDCP should get some bounce when the new patent issued to OU. I don't understand this lack of movement.
AUMY will be at .0005 by the end of September!!!! Catch the golden wave! BUY NOW!!!
AMUY is up! Gold is up over $36.00. Silver up over $1.40. BUY AUMY now.
AUMY will fly if gold hits $1800.00 this week or next week. BUY AUMY!!!!
BUY AUMY!! This stock will soar on speculation alone. BUY now before the big explosion. WE got QE3, gold and silver will fly!!! Buy AUMY now!
We got QE3 big time!! That's good for ECDC. At least our little baby will not have the swim against the stream--we will have a market flowing in the right direction for some time. I will admit, I am making more money in gold and silver at the moment than my little ECDC. Not too worry. My little baby will hit pay dirt soon enough. Go ECDC!!
My research indicates that the central banks in many countries are responsible for the price rise in gold, they are buying gold. In addition, the central banks are expected to continue their buying of gold for some time. If we get QE3 today, gold should start to run again to $1800.00. It's not clear what effect this will have on AUMY but whatever it will be--it will be favorable--if and when AUMY spends their money and starts digging.
Catch the AUMY wave to golden riches. The stock will take off soon!!!
It appears we did hit .0004 after hours today. Devil, please do not measure the success of ECDC or any penny stock by the pps-- in the short run. The key facts about ECDC to remember are the following: ECDC is open for business, it has employees and even new hires, it generates revenue and compared to other penny stocks, the balance sheet is excellent. Clearly, there is demand for ECDC products. The secret to success in penny stocks is patience. Sometimes it is better not to look at your stock. Just leave it alone. Forget about it if it makes you feel bad. ECDC will be a dollar stock soon. Exactly when? I don't know. ECDC is one of the few penny stocks that is a real investment. ECDC is not a stock to day trade with. I don't know what you average price per share is but whatever it is, just hang in there. ECDC is not going anywhere. She will pay off.
Please accept my apology. I was not trying to "spin" today's action to feel better.
I am not sure I understand your point. Why do you say that?
Looks like the last 100M+ share day at ECDC was on Sept 4th. The volume was 110M to be exact. Maybe we will pass that number today.
If you are correct, then in a sense, this could be good news. The stock might not tank to .0001. And the MM holding millions of shares might be interested in moving the stock higher. Clearly, no MM who buys 90M shares at .0005 wants to sell them at .0001.
Agreed. The stock should have already tanked.
Well, if .0001 is in the cards for us, fine. I will buy. Frankly, it should be at .0001 right now. Somebody is buying and offering a support for the .0005. How long it will hold? I don't know.
We went from 17M to 92M ECDC shares in less than 15 minutes. This stock should have crashed. Maybe it will. Who the hell is buying?????????????????????
Who is buying 60M shares of ECDC stock in less than 10 minutes? and why?
Now its 88M shares!! what I don't understand, who is buying over 60M shares in less than 10 minutes? ECDC should crash but so far its stays at .0005.
Somebody dropped over 50M shares of ECDC in the last ten minutes. At one minute the volume was 17M, then when I came back and looked again the volume was 69M. The stock went down from .0006 to .0005. What gives?
AUMY looking strong. If gold and silver continue their move upward, AUMY will break out of the .0001 .0002 area and move up. Get ready!
Bought more ECDC stock at .0005!!! It took over a week for my order to be filled, and it was not filled today until at the very end of trading, but finally I got ECDC stock at .0005. I plan to just set aside the stock for a while and just wait while the turkey is cooking in the oven. Good luck to all.
I have been out of town all last week. I see that ECDC took a dive. I wish I had been here. I would love to have picked up some .0005 shares. If it goes back down to .0005 or even lower I will be buying like a drunken sailor. Large volume today on a 40% uptick. After today, I might not get my chance to buy at .0005.
Bought more ECDC shares at .001. Sadly, I did not get too many. It's hard to buy a lot of shares in the .0009 .001 area.
Yes, I knew about Ironridge. ty.
You may be right. But the past record is interesting. In April there were 558M outstanding shares of ECDC stock. Then by May the number jumped to 644M and stayed there until July. So there was little or no dilution from May to July 2012. Then this month the number jumped a lot to 984M. So in one month the increase was fairly substantial. With such a large increase I think he will either stop dilution or slow down a lot the way he did from May to July. The best way to find out is to ask him. Kayode may not answer the question but it does not hurt to ask. In any case, he cannot dilute indefinitely. To be sure dilution is a regular feature for most penny stocks so I can understand a certain amount. The company is in fairly good fiscal condition--for a penny stock that is. I think the worst of the dilution may be over. To go from 644M to 984M in 30 days is a big jump–that is over a 50% increase. I think Kayode is either done or mostly done with dilution. I wish someone who communicates with him would ask him that question. Good luck.
Did you have a specific sentence in mind? Where in the filings do you find a clear statement of more dilution to come? Please advise at your earliest convenience. ty.
This was a modest but solid move today. No big spikes on the downside. If anyone who communicates alot with Kayode is willing, please ask him if the dilution is over. If the dilution is done for, we may be in good shape from this point forward. Good luck.
Bought a boat load of ECDC stock today at .0012. Looks like we have had some dilultion. We went from 644M in July to 984M in Aug. I think the worst may be over in that area. Looking forward to the release of Wetwinds this month or next. Keep the faith.
CMEY stock for sale at Scottrade.
I am sorry you did not find my post productive. In any case, I could not disagree with you more. CSpace will be a game changer in my opinion. This of course assumes TDCP can crack the technological problems.
It should have fallen to .0001 and stayed there. A 100% drop. It did not.
We could be in for a long wait. Clearly, the Trade Show Proto-type should have been ready by now. The delay suggests that TDCP is having technological problems--serious technological problems. I was hoping the TSP would be ready by now. To some extent I was counting on it. Sadly, this is not to be. So where do we stand? We have not been provided any kind of schedule for when the TSP will be ready. Apparently, the management at TDCP does not want to get burned again by giving out schedules. Well, this suggests we need to be patient. What is certain, if TDCP can be the first to bring to the market a viable 3d volumetric hologram, it will be a giant technological break-through comparable to the discovery of the PC. It will change just about everything. TDCP's pps will go to $5, $10 or $20 almost over night. Most likely TDCP will be bought out. To bring the new technology to the market will require a company with deeper pockets and an existing presence in the market. There's lot of gold hidden in TDCP, I guess we just need to keep digging. Go TDCP!!!!
The price should have fallen like a brick. With a half a billion shares traded somebody is interested in AUMY. The sellers most likely were people who bought in at a much higher price and are selling out. The new buyers are in a good position for when AUMY makes a run. Of course, it is impossible to know if and when AUMY will make a run higher but 1/2 billion shares apparently are willing to wait. Go AUMY!!!!!!!!!!!!!
I too appreciate the opportunity to set the record straight. AUMY has got lots of gold. Lots more coming. jmo