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No Sharky, it exceeded all of 2011 as of April 3rd. I believe 1st Q is goo but does not exceed all of 2011
Kay is a GENIUS - now I understand what WetWinds is all about. He is truly a visionary see this link OMG! ECDC is going to be huge.
http://www.businessinsider.com/facebook-these-high-school-students-say-theyd-drop-it-in-an-instant-2012-5?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=SAI%20Select&utm_campaign=SAI%20Select%202012-05-02
Imagine combining second screen app from Rogue Paper with social media application from WetWinds, this is what Kay is doing- A GENIUS indeed!!
Rogue Paper is not about StudentConnect like most have said on this board it is about WetWinds
I don't think the revenue for the 1st Q is greater than 2011. what kay said was that as of April 3rd, it was greater than 2011. the reason i am saying that is that he emphasized April 3rd which means they had revenue early April that does not fall in 1st Q.
lets not build undue expectation
Amen to that. When this thing explodes, I know a lot of IPO's makes noise this is going to rock the entire pennyland like never before. Please record my prediction
Everyone read this I promise you that it will be at .05 or higher by June. look this is not magic or some lame prediction. There are 3 indication to look for and these are all things we have seen in Kay's email to members on this board or in press releases
1. When the company announce the first pilot of StudentConnect pilot to Schools in the US market.
2. Updating the Company's SIC code from Food and Beverage to same as Google, Twitter or Facebook and
3. When they secure independent full blown research report with numbers projection and valuation of the business.
That is the sign this company is making its move.At that time whoever has not loaded up looses out, because this thing will open up like a NFL running back with a open field
GLTA
They are trying to hurt the stock. I know it was not posted by the company so i wonder who did
Thank you for saying that OC because I have been getting private messages, this filing today only tell me ECDC is serious about continuing the momentum by getting cash early in the year to fund its growth.
How do you define drop 2% above yesterday close?
So why are you so focus on not seeing a run. For one thing the thing is running on its own, I am sure her comment on this board did not produce 100ml shares trade last week.
its like life, you can see a glass half empty or half full depends on your state of mind negative or positive.
A company with 4 divisions, revenue growing, I think I will be bullish too. Public companies use stock to pay off debt, raise capital, use it for compensation some say dilution I say using resources other than cash. Either way these things has to be paid for cash or stock.
For development stage companies it usually is stock. The question is if we are getting anything for it. I say yes we are.
Why? Asset grew from $239k to $2ml hello???
Revenue grew from $129k to $612k
Business portfolio went form one business to 4 (EarthSearch, Rogue Paper, WetWinds and StudentConnect).
I think management is making good use of shares issued and cannot be considered dilution. ECDC investors are getting the deal of a life time -
It was in the 2's just 2 weeks ago I don't know what price drop these people are talking about
Need DD info the numbers and info above is good for digestion.
All the compensation you are talking about are paid in stock. Even the $175k from last year is only accrued he did not get it. I am just curious how many people I this board will work for free.
If I was him, I will taking stock too. It is the only way he can have any decent interest in the company and business he is building. Stop hating. Kay cannot give himself bonus only the board can please be factual.
Updated StudentConnect page with Log In option and presentation slide. All of us who wanted to have presentation package, here we go!
Curious if a deployment is already taking place
http://studentconnect.us/index.html
My understanding from Kay is that as of April 2nd they have outperformed all of 2011, if that is true, I agree with Van West we will hit $1-$2ml by end of 2nd Q. A huge statement from the company.
I cant wait for the research report on valuation.
If ECDC report a million dollar in revenue in any quarter, we will see a run to .10. I am predicting it will happen in the 2nd Q OC, I am stepping one up on you with my prediction
and for all those who wanted Kay's head on the table because of ZSTN. As you now see SEC has halted ZSTN trading. Need I say more. Kay continue to prove smarter than we give him credit for.
I read email posted today and all I could say is "way to go"
It was no Magic. OC was simply intuitive. How long were they going to announce pilots before they start becoming real contract, it was no brainer and it was easy to predict if you look at the timing of things. For me the real revenue will be in 2nd Q. March will show huge jump but 2nd Q will show big numbers
I agree, I am looking for 350k-500k for this quarter and that is because if you notice they just started announcing the agreements in March so I think things just started picking up
Patience -its not easy or fast doing business with the government
Did you call the 2 companies in the 2 press releases from last week.
IF you did care to share with us if the release was fake, because that was what your comments implied.
Based on the information I provided regarding digiquestonline. Please don't share link with me I can do my own research. Can you share with us what you found out that indicated ther was either
1 No such contract in that amount was signed
2 that the release was false
In my conversation with the company (Kay) they admitted the agreement fell apart when the global economy collapsed. In fact Earthsearch was paid the first $800k under the agreement. Everything you post inwillmgetmthe company's side, you are painting half the picture with your DD.
People Please don't be misled by people posting thing and claim to do research when the only research they do is opposition research with pertinent facts left out.
Have you called the particular companies in these release to know if they are real or not before attempting to spin this story?
I have asked about the announcement and his answer made sense to me. Here is the explanation I got. For those who care not to be pulled by the nose.
"The agreement was supported by an international LC (letter of credit) by a major US bank that shall rename nameless, which became notorious for canceling people letters of credit after the economy took a nose dive in 2008.
Business is not black and white that is why we do DD. You did not have the fact of the particular case stop spinning.
No, ECDC should fire Kay, put Stephanie Boyle in charge and focus totally on Rogue Paper that's where the focus should be. He is a terrible manager
First Quarter 10Q is due May 15th not April.
That is really interesting comments. So if the company start to do promotion to create awareness, everyone will charge the company with doing something doing. I doubt if Kay will do any more IR campaign after the noise made after the first and the last one the company ever did.
How does the company get any more awareness without promotion.
How do you then explain other news that has generated ups and downs and there was no promotion, because the history of this stock shows consistent volatility that does not support your argument.
I don't know what people expect from a company in development stage. If you cant get that, then go buy apple or something. I am expecting the outstanding at 400-500ml then they start to bring in revenue and the issuance will slow. also if the issuance help reduce debt on the balance sheet we will see a more healthy company by year end. I am a long on this stock and nobody is going to scare me into giving up my stock because that is all some people are doing here.
500ml is still a average O/S for stock trading at pennies.
So we understand where the selling is coming from, people who sell on fear and create a path way for MM to dominate and stock.
I don't know any company who does not issue shares to manage growth and development, larger organizations call it secondary offerings. If the shares they are issuing benefit those of us that are long, then they have my support.
I see company with nothing to show for issuing stock all day long with billions in O/S, yet people trade them. This company has less than 500ml O/S and with 4 different business operation and people call that dilution?
I think this management has been conservative compared to most pennies with the number of O/S and I believe this is the first Q that I will actually seen them releasing that many shares on the market. Then you look at what they are doing (that we know) and it makes sense, somebody got to pay for development of WetWinds right?
It seems there are a lot of speculation on this board, I just thought it might make sense to get to whats really going on so your report would not be speculative either.
Neuronal you are absolutely right. 3 back to back strong news with revenue and projection from each of the divisions will take this thing to .05 or maybe even .10 in a flash and I think we will get it by end of March.
People that talk about dilution are really missing the point. If they are eliminating debt off the balance sheet is it dilution? If they are making acquisitions that grow the balance sheet and revenue is it dilution? if they are growing the business division with sayt wetwinds, is it dilution.
Using stock as currency for growth is not dilution, that is day trader talk. Most analysts will agree.
By the way this is not on pinksheet it is on QB, that why Kay said it will move quickly to another exchange
thank you my friend that is the point i have been making we have to look at what the company is doing. they have too many fire in the iron.
but your post said Southridge was buying the stock at 92% discount?
that wqs false
Time will tell. What I like about this company that is different form a lot of bulletin board companies is that, it is deeply diversified. I just don't see them stopping it, there are too many ways it can become successful. too many option for success. that is the difference with this company.
It is not a one pony show
Anybody can say what they want about Kay but the guys is seriously smart, i like the way he has changed the company, the business portfolio, the revenue strategy, real smart moves. Time will tell.
MMblue is right RP can explode anytime, StudentConnect could explode with a few school districts signing up, EarthSearch only need 2 licensing agreement from China and Russia and wetwinds can change the game completely.
I have never seen anything like it. I will call ECDC tomorrow and ask if there is any relationship with vfinance. but to see what this board is doing to good companies just because they are development stage companies is unconscionable. For a minute I thought it was just me.
I love this company completely
First of all your information was wrong the discount was 8% not 92% so stop misleading people
Man you were right on the money, I am going to start listening to you. I spoke to Kay yesterday, you should call him. He realized everyone is nervous and he will take calls and update us. He will be calling investor conference. I was really pleased with my conversation with him. Tell your friends to register at wetwinds, they have 2000 people register already
Investor Conference call coming spoke to ECDC yesterday, no you did not get bamboozled. The company relocated in January to new facility and they have been settling down. We should get some news soon "business is doing very well and better than ever in every area of operation including with wetwinds". Kay said he understand investors concern. He will start to take calls again I encourage you guys to call him as well or email him. I know I was very pleased with what I heard. Company is going to start fighting back he said.
"Last year was different, my focus was to build the foundation, through strong diversified business and product portfolio, bring strong executives on board, now I have other executive on board I can give some attention to shareholders issues. We will look different by end of February"
For those non believers check this out: ZSTN AND RUSSIAN DEALS NOT DEAD STILL ON THE TABLE close real soon, difficult negotiations
OC is right about the nonsense going on with this stock. It is really should be criminal. this company has 4 division that literarily should be above a penny shares and this is really crazy. why do we even have the SEC as a agency.
If they put news people on the board say pump and dump, if they don't we ask for it, if they do and the stock gets attacked we blame management. My feeling is at some point the company will bring in promoter to fight back, sooner or later it will happen. what I like about this is, when they do it will sustain its price.
I was just thinking if I was this company that is what I will do, stack up strong news and hit the market with promotion and news with a fury to get my stock back to fair valuation.
I also noticed they added international sign up option for wetwinds, that could only mean one thing, they are going to launch with a huge number of registered users in place, look for a huge jump in pps when that happens.
Did anybody notice ECDC balance sheet jump to $2ml from a couple hundred thousands with the acquisition of RP? Smart move, this whole deal with RP, will give ECDC over $1ml in revenue for 2011 and kick balance sheet up big time. PPS is bound to change. no question we should see at least 200-300% revenue growth from quarter to quarter. the key is going to be how they handle debt.
By the way I love the "wetwinds"
FFF ,what financials are you reading? ECDC total debt is under $5ml,
1. show me where you saw tens of millions in debt.
2. show me where you see shares issued at .001
3. show me where there are 480ml shares outstanding
I can show you on the last page of the 8K/A recently filed, it showed the combined revenue between the ECDC and RP for the period 3RD.
Q was $920k
I can show you on the liability section of the report, there were less than $5ml in debt. Nevertheless show me a penny or any company with no negatives?
I cannot find any shares issued at .001 in any of their filings, you have been lying about that fact and misleading people on this site.
The reason most don't believe or trust you is because unlike people like OC, who criticize when they see something they don't like and praise when they see something done right. For you there is no "right" from the company. Even when it is diversifying its portfolio to protect investor you scorn it, when revenue start to grow, you mock it, it start to issue shares to reduce debt you complain.
So tell us all in your expert opinion it should do? because if you know everything it is doing wrong, you would know what it should do right.
We are all waiting to hear it.............zzzzzzzzzzz.........still waiting....................uuuuhmmmmmm...........silence?zzzzzzzzzzz
$920k 3rd Q combined revenue? If you want to share information with us, dont just share selected bad information share it all
Combined Revenue as of 3rd Q $920,693.00
Combined Assets/ balance sheet as of 3rd Q $2,014,011
Go find me a penny doing that with just 240ml O/S
Most pennies have books full of debt and billions of shares outstanding or authorized. For the business portfolio that I see I think management has done a decent job with the resources it has. Even though it may have issued shares to do it. The business portfolio is impressive and the strategic direction impresses the heck out of me. for those in this for the long, we will make money. Read the home page for ECDC
Driven by innovation and growing through business aggregation,
I love it. Go ECDC
I am not sure I disagree with you as I looked at it again last night and I think there is a possibility of wetwinds blowing this thing away. with Facebook IPO at 100Bn and from the description of wetwinds that I see, you may be right on this
Hey People!!! How much debt are we talking about here, not even $5ml in debt and we are jumping up and down, for a technology company that is a one year expense, that is nothing I mean absolutely nothing. remember most is owed to insiders. It is all friendly debt no harm to the company.
StudentConnect is the ace in the hole for this company, not Rogue Paper and not EarthSearch. From what i have read so far WetWinds sounds like a social media site that will actually allow people to have live interaction, so I think it is a set up to piggy back off of Facebook IPO in a couple of months smart move by this guy Kay. Its a valuation play form what I see. Revenue will come from data mining. I see a lot of strategic move by this guy and I am accumulating like hell.
Here is why i think StudentConnect is a sleeper. the company just traveled through NJ. Assume NJ has 1 million k-12 students riding on school buses. they send an average of 4 messages ot parent per day. Pick and drop off at home (2 messages) pick up and drop off at school (2 messages) this will equal 4 million messages per day. Even at .05 per message, my friend that is $200k per day 20 days per month =$4ml/month 8 month per year is $32ml dollars.
OMG!!! Go ECDC G0...........
I have never heard more crap coming out of a empty barrell
O.K. my friend maybe you just showed us what ECDC know about Facebook and why they are creating Wetwinds.
I have registered and from what I see they are going after Facebook audience. Interactive social media experience???? sounds like they got a target on Facebook. Teenagers , interactive site uuuhmmmm sounds ot me like the article you just shares points in that direction