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If a filing due date falls on a weekend or SEC holiday, the filing is due on the following business day.
Disagree. The law clearly states that if the due date falls on a day that the SEC is not able to receive the files (i.e. weekends, holidays) then they must be submitted the next business day. Saturday due dates next business day is Monday.
You will be ok!!!! We have not even seen the news yet. We know the 10K is being released Monday. If we don't move with that, then we can start worrying. This is just a build up to the report.
Just one thing to add...
the most important thing is that our revenue is also growing from quarter to quarter
Perfect!!! I am not saying to set them low. just that we want to see many more shares above the ask than we see sitting on the bid or lower to keep this thing looking to pop up to meet the supply.
Set something and watch it...We need support on the ASK no matter how high it is. Everyone needs to set GTC orders to ensure huge support on the ASK today. Big Days Coming
10K Monday will show:
VALUE OF RP ACQUISITION
Yearly 480% increase in Revenue
O/S Less than 500 Million
This stock usually meets its deadlines. If you look at the EDGAR filings they have always met the deadline for filing in the past or filed the extension and met that deadline. I have no reason to believe that has changed.
Really doesn't matter...It is due Monday and they have already extended the filing deadline. We will see it today or Monday.
That is only if you don't believe they will ever be able to pay their debt off and become profitable. It is true that thios company is a lot about potential but that potential is enormous.
And to your point about the 10K showing major O/S change. Most of the change in A/S happened in the 1Q 2012 so this 10 K would only have anything that happened prior to the end of the year. The 10K will show less than 500 million O/S as we have all been saying for months.
If it is happening at the bid...it comes up as a sell. Technically everything is a buy and a sell. Someone is buying and someone is selling the stock. The compauter system watches for trades at the current ask/bid and calls them buy/sell based on where the trade executed.
The 10K with an independent Valuation of the acquisition of Rogue Paper is due Monday and it is the extension so they will be reporting by then. Big days ahead. Perfect time to buy more if you have the $$$. That will be news enough. Not to mention that the 1Q has had stronger revenues than the entire year 2011.
ECDC DIPPING RIGHT NOW...
Buy in to see 300% gains on this one. 10K to be released by Monday showing a 480% increase in yearly revenues and a signicantly higher valuation of the company.
That would have been short sighted...Patience with ECDC will pay dividends. Good luck to all!!!!
That is the MO of the MMs on ECDC they hit the bid a lot small to bring it down. Everyone needs to set a limit order to support the ask and keep this up. GO ECDC
I show over 1 million. Try refreshing and if you are using the *free* ihub information....remember that it is 15 minutes delayed so nothing will show until 945 EST
For a stock at this PPS this is about as transparent as the get. Most pennies are not fully reporting like this one. I agree that a gagged TA is a concern but it is nice to see a company in pennyland that is willing to answer questions like ECDC has been. Gagged TA's are pretty common down here in pennyland.
I completely agree. I am just saying that the 10-K won't have much information that hasn't already been told to us. It is really the valuation of Rogue paper that will be big. If there is information that is different it will mean that the CEO has misinformed us. I don't think that is the case.
The 10K could only be bad if they have lied to us already. A 480% increase in revenues, less than 500 million O/S, etc. The upside is much higher here because the valuation will be there showing a much higher value than the current pps. They wouldn't be holding it for the valuation if it was to be lower than previously reported so really for the rest there isn't much we don't know. IMO
Moving up everyday is the important thing. Last week we were talking shorts at .0025 less than half this pps. It is exciting to see ECDC strong enough to hold green everyday. This company will be one in a million when it comes to pennies. A company that actually becomes successful and moves to better exchange. IMO
I love seeing it go up at all. A green closeis a good sign for tomorrow. Big days ahead. Gottal love 100 Million volume days which I believe we will hit again today.
There isn't a public number as far as I know. The idea is they will not launch until they hit 1 million so we need to get 1 million people interested.
That is very hypothetical. Who's to say they won't buy back and it will be 100M. I obviously don't believe that but I could say anything might happen and it could but lets live in the present. Presently, according to CEO there are "less than 500 Million O/S". That is what we live by because there is no other information to prove or disprove the claim. Now lets see .01 today so I sleep better tonight.
GO ECDC!!!!
On this Volume, there is nothing that is impossible. I see this hitting .01 at least today. After lunch will be big
We talk that way because all of these subsidiaries should be worth more than .015 on their own. Together they are a powerhouse...IMO
Last week CEO Kayode said as of April 3, we had surpassed 600K in revenue for 2012. Won't have anymore posts after this but ECDC has a twitter account and he was asked for updates and offered that we have had more revenues in Q1 than entire year 2011. When asked to clarify that we were over 600k he repled as of April 3, the answer was yes.
Question:
kris foltyn ? @klf2851
@AladesuyiK @InvestormasterR @investormasterr @aladesuyik Are you implying $600,000 + in Q1 2012?
Reply:
AladesuyiK ? @AladesuyiK Close
@klf2851 @aladesuyik @investormasterr As of April 3rd 2012 that is the case
1Q REVENUE HIGHER THAN ENTIRE YEAR 2011. 2011 was up nearly 500%. Twitter CEO on board of advisors, just 3 good reasons. Lots more....read the information on the board.
I wouldn't expect profit but I would expect that we are revenue neutral paying down debt and that ECDC will have a profit 2012. With much less revenue this thing was worth .069 last year.
The 10K is late specifically so they can get an outside valuation of the Subsidiary Rogue Paper becuase a similar company was just sold for 20 million dollars. The 10K will have a lot about better valuation.
The dip is now...Hit the Ask now. It is likely going up and not down from here.
Thats why I think this run will go much longer than the normal 3 days. The 10k will extend it and may even keep it in penny land. Remember that we are only a month away from a report showing a better 2012 1Q than entire year 2011. ECDC IMO will not be this low ever again.
Good Sign...Likely Oversold and moving much higher...
This one will probably go longer because the 10k will extend it into next week. Big Day tio day and ahead!!!!! IMO
GO ECDC
About a day and a half went from .0017 to .019 then 2 days later went back sub-penny. The run lasted 3 days then slowed down.
Possibly oversold...Otherwise I am not sure. Just too fast to keep up is my guess.
To be honest, with ECDC, VFIN and the other MMs have sat on the ask everyday for the last 6 months. We go up when we take them out of the equation. We can do it. It is just about getting the information out there to the rest of the world. Buy the MMs out and move up. A comfort is that this churning looks a lot like the 4 other times we have shot up in the past 6 months. Coming Soon.....PENNYLAND
5 DAYS until 10K Release
At this point we haven't had a CEO that has lied to us even though he has many reasons to do so. It would be so much easier for him to stop reporting let this thing run and sell his millions of shares and walk away but rather he keeps pushing forward in a company that he believes in. The reason I believe him is that for a while now he has not taken any real salary but instead he takes shares of the company as compensation. If this stock is worthless then he is working for nothing Same boat as the rest of us. I think that is great becuase the only way he makes real money is to raise the pps through better company activity/valuation. Big days ahead.
IMO
According to this months information, Stephanie Boyle actually worked out of Twitter's HQ for a while last month.
The beauty of lofty goals:
A goal of 5 to 10 cents for example on ECDC would mean 16000%-33000% percent gains but even 2 cents is a 6000% percent gain. I agree that I would much rather see 5 to 10 cents in the long run but not meeting high goals still leave us with huge gains from where we are right now. I love these goals becuase I kinow we can miss our targets and all still make lots o' $$$$$$. IMO
To be honest I think you have it backwards. I think they will utilize an electronic process and then just ask the teacher to verify the information. Especially at the higher education levels it could help slow down truancy because it could catch an individual leaving. I do agree that they will need verification from the teacher but I can see them using thi type of system to help the teacher spend less time with admin and more time teaching their students.