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Same here. I just don't seem to understand why anyone would choose such name for a social media site. I wonder what type of users Kay is trying to attract with such name? The name doesn't sound cool, and their are more teens/youths on social media sites than adults or professionals.
Maybe Kay was looking for something short, but forgetting other aspects. Well, let's see what the anticipated platform would look like when it's live.
Doing a whois search would be secondary if I wanted to dig further, the important thing I focused on was knowing how and who is using the name, if any - via Google.
What do you think about the new name btw?
That's a good point and question IMO
Don, true internet businesses will acquire all TLD extensions for their name, most importantly the .com extension!
It's hard to tell what it means, but the name change announcement is not that clear as at now: WetWinds "Vir20". We need to know what the domain/web address of the official social media site will be...if it's still wetwinds.us, then I'll know the management is not serious/playing games, because .US is a country level domain name and not international like .com, .net, or .org.
Plus we can't have another individual or company doing business as wetwinds.com which is taken by the respective registrant.
I did a search for Vir20 via Google, and I sense some confusion with the name - looking at the results: Google search for Vir20
Like I said beforehand, I saw a name change for WetWinds coming. Anyways, what do you guys think of the name: Vir20? And the guys that created/invented aNotefor are quite skillful. I've come across some of their sites/projects in the past.
StudentConnect is free for School boards but parents are to pay for the service. ECDC is working with school boards, and each school board/district will in turn encourage parents on the importance of using StudentConnect for monitoring of their kids attendance and safe transporting to/from school. Of course, ECDC will throw the schools some bone from sales of the service/product.
PPS re-bounce is coming soon for $ECDC. One of the best strategic moves any investor with available funds can take right now is to load up on this cheapies. I can almost guarantee the PPS won't remain at this low levels in the next few days. The time we have been waiting for to profit AGAIN from ECDC is very very near. Monday will be different.
As always, it's best to not enter your bets all at once, but enter at different low levels.
GLTA!!! ECDC!!!
I hope so. Though I've gotten to like (get use to) the WetWinds name over the months. I haven't communicated with the CEO in a while, but I remember suggesting a few names to him some months/weeks ago when they were negotiating with the .com owners. I'm sure news about the social media division (launch or otherwise positive) will move the PPS again above $.01. We can only hope for the best.
My opinion: I think ECDC might be having a name change for WetWinds since they were unable to acquire the .com extension for the domain. I'm aware the company has been trying to negotiate with the owner of the .com but the amount they're demanding (about $20K) is insanely high.
WetWinds might not be a successful online venture if the company decides to roll with the .US extension which is a country level only, not international/global like .com, .net or .org. Their might be a name-change before the social media division launches IMO.
The CEO keeps giving away cheap shares @ .001 so most definitely they're responsible for what it's trading lately. IMO this means the CEO does not value the PPS above .001.
Though the company is doing a lot of positive things, especially acquiring a highly potential social media company with experience in the apps market. A company can have great products or services, but if the management is not solid - it'll be hard for the company to continue as a going concern.
$ECDC announce that the main agenda of the conference call slated for Tue July 31st @ 11 am EST, is to provide a shareholders update and discuss the company’s recent progress and future plans for the year.
The company’s key progress is the recent launch of its social media and school transportation division, and a breakthrough into the U.S. logistics market.
$ECDC, through its subsidiary Earthsearch Communications Inc., recently extended its operations in Russia by signing a distribution agreement with Komtelecom in providing advance and complex logistics solutions.
ECDC board of directors ought to show some sort of appreciation to long-term shareholders no matter how little, we are like the life of this stock.
The service of their investor relations is poor and not the best, and Kay is somehow overwhelmed trying to run 4 highly potential subsidiaries - in my opinion. The announced investor conference call is at the last minute, after many shareholders have lost interest and dumped their shares.
ECDC lost many points the past few weeks after announcing the promotion of WetWinds to kick off in late April, but nothing happened and no real updates to shareholders on the progress of the social media division. Read about it here: http://ih.advfn.com/p.php?pid=nmona&article=52054319
Nevertheless, ECDC's EarthSearch is a highly promising venture that's in the logistic and asset tracking market, boasting the world's first wireless integration between GPS and RFID - which is a competitive feat for any technological company.
I think Rogue Paper will grow to become a competitive social media company in a short while, as the demand for social media applications continue to grow - this growth presents opportunity for companies in that niche. RoguePaper is already powering MTV's WatchWith and VH1 Co-Star apps for iPhone and iPad devices, which allows users to actively interact with their favorite shows. Businesses are hungry for such user interactivity and I believe Rogue Paper has what it takes to deliver such service, as seen with the WatchWith app, boasting nearly 1 million users.
StudentConnect and WetWinds, both in a highly potential and competitive markets, are yet to produce real positive results IMO, and are still relatively new. I believe this time next year - both divisions could be experiencing steady growth and income as ECDC continues to innovate, completing more deals.
In conclusion, ECDC is a highly promising stock to invest in and could bring shareholders reasonable fortune in a matter of time. The management of the company is currently not at its best, and may be a wise move if Kay steps down as the CEO for a new and highly experienced officer to run the company, while he serves as the president.
A lousy 40,000 shares at .0019, someone is trying too hard to bring this stock down. At this insane levels, they sell...I buy. I got money to play this stock all the way!
ECDC is located at 810 Franklin Court Suite H, Marietta, in Georgia, and the company reports having a total of 22 Employees till date.
In the not so long past, one or two ECDC investors claimed to have visited the business location once, twice, or more. I understand this few individuals probably live in the same state or nearby.
Let's face it guys, penny stock companies are highly risky to the extent that money invested starts to depreciate in value quickly the moment you acquire the stock.
But ECDC is a different kind of penny stock that we have to first understand what the company/management have achieved or are trying to achieve, the goals they have set, and the challenges they (may) face.
I think history is a good teacher. Anyone who looks at the history of ECDC, such as what the value of the stock was this time last year or few years back, and their business activities then will understand this is a risky - yet highly potential (profitable) stock/business for both long and short term investors.
When ECDC silently announced their acquisition of social media site aNOTEfor some months ago, now called WetWinds; I knew the company was in for a big play - but it will not be easy. However, potentially, I think Rogue Paper's nearly 1 million App users can help give WetWinds a good start ahead when they eventually launch. It is certain that those interested in split screen apps would also have a social media interest.
Earlier this year, the company announced that its subsidiary, "Rogue Paper, Inc, and their TV Tune-In platform has experienced nearly 800,000 viewers for their second screen TV applications."
So hope is not lost here, and shouldn't be for anyone invested in this - four (3 new) subsidiaries with a PPS this low. ECDC has a high beta, and those who understands how this model works, know this is entry point. "Estimated ROI on a beta scale and estimated market returns".
The news we all have been waiting for, will eventually come to pass and this stock is going to fly as always (happens every time). IMO, the best strategy for ECDC right now from an investor's perspective, is to load up and wait for the signal.
I've noticed that the company is not disclosing much info about WetWinds until they are ready to launch, maybe to avoid competition or not give away their idea?
To conclude, I think the company dropping PR's every now and then without providing factual results that shareholders have been longing for - will only cause the PPS to tank further. There is no pumping and dumping going on here, and unnecessary PR's should not be welcomed. So this is not a money issue, the cost for PR services is quite affordable!
Truly, we have to be patient with our investments.
Go ECDC! GLTA!
Think about those that lost even more on FB which continues to tank? Unlike FB shares, ECDC will be back up in a few days to weeks; we've seen this happen time after time.
My Etrade shows too many red right now, after enjoying a green ride for a while. Its sort of devastating from an investor's view, but when you are certain the PPS will be back up again...we just have to wait it out.
One thing I'll say is this: Whenever ECDC goes up over 50%-100%, always sell and pull out your principal investment. That way, whenever the PPS come crashing to this low level, you won't feel it as much as someone that has not pulled out their principal.
At this low levels, am loading up. It would even favor me if it drops further down, but I won't count on it or wish for such.
GLTA ECDC
Thank you, always a pleasure to shed some light here and there.
If what you say is true that you've held your ECDC holdings for a few months, and that you entered at .0051 - so what did you do (your reaction) when the PPS spiked to .01 just some days ago (April 30th to be exact)?
If you did not sell then, it is because the PPS did not hit your exit mark, and you intend to hold until your exit point - that's quite logical.
This company or the stock is not a joke like other penny stocks that are rip off. Each time I email the CEO, I always get a response or ask him a question on Twitter he always reply. This is a big plus for any penny stock company! The reason why am always asking the CEO questions (which many of us Longs here always do), is because sometimes the PR's may not be convincing enough or I need some clarity, and by so doing - I'm able to match the CEO statements with the press release(s), along with other factors (including DD) before making strategic decisions.
So don't let any stock frustrate you, that is not healthy. But I strongly encourage you to invest some time (not only money) in this stock - that way you will have a piece of mind with your investment.
ECDC is a good stock for both short (flippers) and long investors. Many (including I) have made money from this stock during my two years of trading it. If you have a long term strategy, always ask the CEO questions - it will help you a lot, but do so politely - no one likes to be yelled at or have to deal with another man's frustration (like a nagging wife).
As always, when you invest in any stock (matter fact, anything) - do what you must to get your principal investment back as needed and let your profit work for you.
We are all here for one purpose: To Make Money, and I strongly believe anyone invested in ECDC will surely make something out of it (whether small or big) depending on our entry point, exit point, and amount of shares acquired. I will like to see everybody make something out of this (both longs and shorts).
Goodluck!
It seems like some "make money quick" investors think they can jump on the ECDC wagon with hopes to exit in a few days with enormous profits. If that's you - you are dead wrong and lack insight about this stock or the company.
I have been trading this stock for almost 2 years now, and this is one of the few OTC stocks that when it spikes - expect to see over 100% in proceeds.
Look at the charts, pay attention to technical analysis, research the potentials (due diligence) before investing your money anywhere whatsoever.
This stock has a high beta of over 300, which explains the reason for the big spikes we all have been experiencing for a while now. As high as the PPS spikes, it will also come down in the same manner. You just have to really know your entry point and your exit point. This is a perfect stock for flippers to be honest, they buy when it dips and sell when it spikes - they never buy to hold for long at all even if the company is making money or getting deals done.
IMO opinion, if you scooped up some shares at a price higher than the current PPS - do not sell yourself short. This stock will go back up ($.01 range), even without news (but may drop when there is news). Before ever buying ECDC, I watched this stock for 3 good months and like a doctor - I know the health of this stock.
So, clofitas, dugie100, and the rest - if you got on board with hopes to make quick money in one or two to few days - you have made a mistake. Patience is the key here, and until you invest some time to learn how to play this particular stock called ECDC - you will be running around in circles with no where to go. This is just my opinion - invest both your time and money, and you won't have to worry about the current PPS.
Goodluck to all!
~Be patience with your investments~
I don't think its professional nor appropriate to be sending numerous requests to Steph or the Staffs at ECDC regarding the role or influence of Dick Costolo in the corporation.
Dick Costolo is, as a friend/philanthropist, offering a precious time/service to a (once privately owned) Mobile Application Development Company in a highly potential technology niche of which ECDC acquired late October last year. PR here: http://ih.advfn.com/p.php?pid=nmona&article=49641795
Not too long ago, we all witnessed Facebook's acquisition of Instagram, a photo sharing mobile app for a whopping $1 billion USD. Mobile App companies are in for a wealth creation period, and people like Dick Costolo are very much aware of this. On Dick costolo's profile on about.me this is what it says:
Hold your shares or raise your ask above $.01 if you are going to sell. Lets close this golden stock above .009! This ain't Nike, but we damn sure can do it!
#ECDC: #WETWINDS coming soon...
If you are going to sell any portion of ECDC, sell positively by selling higher than the current bid. People are throwing away money by selling at the current PPS, there are many buyers willing to snatch this baby up even at $.02! So set your asking price above $.01 at least lets help this stock.
ECDC: #EarthSearch #RoguePaper #StudentConnect #WetWinds
GLTA!
In addition to Leighcr response to your query, below is ECDC's plan of operation from their recent 10-Q filing when EarthSearch was the only subsidiary the company had back then.(thought you'll find it useful):
Plan of Operation
EarthSearch International Communications, Inc., ("EarthSearch") based in Atlanta, Georgia, has created an integration of RFID and GPS technology. EarthSearch is an international provider of supply chain management solutions offering real-time visibility in the supply chain with integrated RFID/GPS and other telemetry products. These solutions help businesses worldwide to increase asset management, provide safety and security, increase productivity, and deliver real-time visibility of the supply chain through automation.
We experienced a sudden reversal of our revenue growth in the 4th quarter of 2008 as the real estate market and global economy came to a halt. A significant number of our customers declared bankruptcy or defaulted on their account. New business opportunities ceased and our sales plummeted. These events forced us to take dramatic steps and business decisions that resulted in substantial reductions of revenue for the years 2009 and 2010.
Based on our internal research, the board and management made the decision to change the business focus and product portfolio. We concluded that simply offering GPS devices, which we believed would become a commodity, exposed the company and its shareholders to potential failure. We accelerated Research and Development operations and began the development of wireless communication between GPS and RFID devices. We shut down most of our commercial operations due to the economic conditions and expanded Research and Development.
Our internal research showed GPS solutions will become inadequate for business needs and the market would demand or require more sophisticated solutions for asset management, workforce optimization and security. RFID technology was growing at a significant rate and a combination of both technologies was inevitable. Management seized the opportunity of the slow economy to develop a solution for continuous visibility of assets in offering such an integrated solution. We are also continuing to utilize the technology to provide other applications such as oil pipeline monitoring
We completed our product development in the first quarter of 2010, and began commercial beta tests in the summer of 2010. We officially launched our new business and product portfolio in fourth quarter of 2010. We immediately saw revenue growth as 60% of our 2010 revenue came in the fourth quarter of 2010. We outperformed our entire 2010 revenue levels in the first quarter of 2011 and we expect to continue to see significant increases in revenue throughout 2011. We are currently engaged in numerous pilot projects with several organizations. We have also expanded our product offering into military logistics
As part of our growth strategy, we launched an aggressive sales network development program in the summer of 2010. As of the end of the second quarter 2011 we have more than 15 distribution partners in 5 geographic regions (Southeast, Asia, Africa, South and North America). We launched a new web site reflecting our new business, products and solutions. We launched our first commercial ecommerce site (www.shop.earthsearch.us) in the second quarter of 2011.
http://www.sec.gov/Archives/edgar/data/1256540/000101968711003679/ecdc_10q-093011.htm (Page 22)
No doubt, ECDC has a very strong potential to be trading above $1 by middle of next year. Four groundbreaking subsidiaries, and management is well connected with top innovators. I am yet to see or find any other OTC stock with so much potentials...I feel so lucky guys!
Go ECDC!!!
ECDC is ripe for a technical breakout!
You welcome, and good investments like this gives me strong confidence.
Here's what ECDC CEO Kay said in a previous press release about Mr. Joseph Kozak's when he joined ECDC:
I was just checking out Ironridge Technology's portfolio of companies, and saw Ants software listed there. So I guess Mr. Joe Kozak, the Consulting CEO of EarthSearch subsidiary is doing remarkable things since getting on board. See the portfolio for yourself: http://www.ironridgeglobal.com/investment/portfolio/
The following was culled from a PR few months ago when Mr. Kozak came on board:
Mr. Kozak comes to EarthSearch with over 30 years of experience in technology-based companies and consulting services, including, most recently, as Chairman and CEO of ANTs, a technology firm specializing in development and implementation of mission critical software for IBM and Oracle. At ANTs, Mr. Kozak succeeded in raising $40 million in equity funds, securing and developing patent-pending technology and arranging multi-year development agreements with IBM and Oracle.
Mr. Kozak will gradually assume CEO responsibilities: immediate focus will be the development of a strategic plan over the course of January and February for the deployment of the StudentConnect product. Mr. Kozak will assume overall responsibility for the EarthSearch business portfolio, including being a close advisor to the Chairman of the board.
"Joe's track record for bringing technology to the broader market will add significant and critical experience to our operation as we transition from the development phase to the commercial phase of our business," commented Kayode Aladesuyi, Chairman of ECDC and current CEO of EarthSearch. "We could not have found a better candidate to lead EarthSearch during this crucial period."
Prior to joining ANTs, Mr. Kozak served as Vice President of Industry Sales at Oracle, where he developed and implemented a global go to market strategy for Retail, Distribution, CPG, Life Science and Process Manufacturing software and database solutions. He also assisted in the completion of the acquisition of Retek Software, which rounded out the company's global supply chain strategy.
He was previously recruited by Goldman Sachs as CEO of Lombardi Software to oversee the startup's formation and development, focusing on Business Process Management for discrete and process manufacturing, CPG and Retail industries serving Fortune 500 companies. He also served as an equity partner at Ernst & Young, LLP.
Mr. Kozak holds a Bachelor's degree in Finance from LaSalle University and a Masters in Business from the University of New Jersey. The full PR here: http://ih.advfn.com/p.php?pid=nmona&article=50630546
We already broke $.01 yesterday, did you miss that?
ECDC is poised to break $.02 this week.
Go ECDC!!! #WETWINDS
Alright peeps, I see a lot of cheap takers here this morning, but don't panic. Don't sell out of fear, and don't let PPS movement bother or shake you.
In order to help this stock, put up some small fraction of shares for sale at a higher price, $.0115 to $.02 realistically. Let's raise this baby up. #WETWINDS will kick up beta launch soon.
Go ECDC!!
P.S. You don't have to sell really, you may cancel your sell order once you notice the PPS is spiking.
Can everybody say amen to ECDC breaking $.02 tomorrow with no news?
I believe in possibility!
Go ECDC!!! #WETWINDS
Can everybody say amen to ECDC breaking $.02 tomorrow with no news?
I believe in possibility!
Go ECDC!!!
NEWS: Shares of East Coast Diversified Corp. (OTC: ECDC), a holding company, are seeing a huge rally in today’s trading.
At last check, the penny stock of ECDC was trading 51.72% higher at $0.0088, with volume up from daily average of 31.95 million to 101.00 million. The stock gained 105% in the last three trading sessions.
East Coast Diversified last week announced that it entered into two equity financings with Ironridge Technology Co. for an aggregate of more than $2.5 million. ECDC said that it settled more than $1 million in accounts payable, which Ironridge had acquired from various creditors of the company, in exchange for shares of ECDC common stock.
The transaction has significantly reduced East Coast Diversified’s liabilities, including its outstanding accounts payable balance.
http://www.tech24.org/104221east-coast-diversified-corp-ecdc-stock-is-soaring-in-today%E2%80%99s-trading-session.html
It's a great achievement for ECDC spiking up to $.01 today with no news. On "SMARTCONSENSUS PEER RATINGS", the overall performance of ECDC shows its up 176.67%. Also, both today, 90 days, and a year ago statistics shows that ECDC's 'Hold' momentum to be way higher than that of Sell; as in: 70% to 30% gap.
Other companies in the same niche as ECDC are now trading above $18.
The future here is very bright if management manages the diversified portfolio of the four companies right.
As you all know, acquisitions (such as RoguePaper) can increase a firm's market power and share, so it is not alarming to me that ECDC will soon be trading above $.05, with WetWinds gearing for marketing, promotion, and launch.
ECDC has enough flame to hit $.02 today, and volume is estimated to reach 150 milli IMO.
Go ECDC!!!
Once again fellow investors (short/long flippers), if you are going to sell any portion of ECDC, set your sale price above $.01 and even $.02 respectively. This will not only help the PPS, but also rewards your patience - while making history because it's the 1st time this stock will spike above $.01 with no news just expectations. #WetWinds
It may be important for many of us here today to put some shares up for sale above $.01 just to help this stock, even $.02 is a reality. However, you don't have to really sell your shares, anyone can cancel their sell order before it executes, i.e if it does reach the set price. We should/must see a penny today.
Go ECDC
IF you are going to sell any portion of your ECDC shares, do not sell lower than .01. We need to have the courtesy of helping this stock by not selling at some measly price. If we all hold, we can drive this thing up above 1 cent with no news!
What does WetWinds do? WetWinds is a new interactive social media platform scheduled to launch summer of 2012.
According to information made public, the social media site will offer interactive application that redefines how people connect, interact and communicate on the web. The site will offer the ability for people to engage in live social activities including the sharing and exchange of information, using both audio and video, while providing location, search functions and connectivity between friends and families across the globe.
I think its an exciting adventure to be diving into the booming social media niche, and Facebook is not the only social networking site out there - its just the largest.
Don't you think hitting a million users before launch is a great idea?
Remember the recent PR that the official promotion of the interactive social media platform to reach the projected 1 million user registration goal will begin in late April (this month). I believe it already started...
And/or registration/connect button to drive up registration. A very vital tool.
An article I found, with Ironridge investing 500K in a Bioscience company recently http://www.masshightech.com/stories/2012/04/09/daily8-Ironridge-to-invest-500K-in-Pressure-BioSciences.html
Certainly is, marketing already kick-started. I suppose we get another PR this week!