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Don't know what your definition of real money is but I have nearly 10k in this stock. It is not monopoly money and my average is still up around .006. To me that uis real money in this thing.
History repeats itself with this stock...In the past 6 months it has moved up and down multiple times from this range to .025 at one point. The best thing to do here is average down and make some money on the next run which should be soon, if you look at the last six months.
First of all, The financials are the wait til March story so until then the Wait till March is still in effect.
Second, Look at today as an example we have 73% selling and still manage to only lose 17% value. This thing moves much more when people are buying than selling. I think this is the bottom for ECDC and we will have huge numbers iover the next 45 days. It may not start tomorrow or even this week but it will come and when it does you will be upset that you did get in on the 1000% percent gains when the stock was at .0019.
I agree... I think we have many that are waiting for the 52 week low to jump in. There will be many buys in anticipation of the EOY financials release coming soon. Expectations are high but will get us a jump even if they fail to impress just because they have been talked up so much. Although it would mean a hug dip back down if they fail to impress.
You are scaring me a bit. We have always heard 2012 from everyone and now you are talking 2013. LOL
I think 2012 will bring us up but this is a penny so it will take a lot to have enough people holding to keep it up there above .05-.10. I do think you are right that this is just the beginning but we will not have to wait until 2013 for big gains.
I have to agree I am troubled by this. I just tried to utilize the link I provided and it came up with an error. That does seem fishy. The thing that is annoying is that companies outside US do not have certificates that allow us to see when they were created. the other problem I have is that this morning the site was completely different than it is now. Not sure why it changed. Maybe that is why we are having such issues.
It is weird that we start talking about the site here on ihub and it magically becomes powered by earthsearch on the same day. Coincindence maybe? questionable maybe?
I am posting an email response from his personal email address at earthsearch. There is no website that would have that information until the financial reports are released. Unless someone is using his name at his company's website to lie to me, I will believe it.
That is not evidence but rather thoughts on what might or might not be happening!!!! That's my point exactly. People want to crucify the CEO because of what they think he may or may not be doing. I will be the first to jump on him if the FINS show a lot of dilution but for now, I take him at his word which is that the O/S is less than 500 million.
Oh and for you that are worried about the deal made with Asonics Live. The products are listed on their website here:
Asonics Live
It is a little slow because of being in Kenya.
First of all, you are right my comment was wrong and I apologize for it!!!!
Second I guess it is all about trust. I give my trust until I have a reason not to trust someone. At this point I have not been lied to so I will trust him until he deceives me. They have the ability tyo say anything they want...True, but I don't see any lies as of yet so I will trust until I see something.
Kenya Facts
I know that is thought that this is a funny post because the country is so poor but really the country exports a lot of oil. So, the need for 1 million dollars worth of product seems to be minimal to say the least.
People invest in a stock without knowing simple economics. We are down because more people are selling than buying. Simple as that!!!! Wait until the fear is taken out of the market with the EOY and then 1Q Fins and this thing will be jumping.
People want to blame a CEO for the stock price falling but really it is simple supply and demand. More selling than buying means there is less demand which means lower price. It is ECON 101. More selling brings the price down. Look at today, for example, the stock was up then down then trended back up for a while until selling started to happen and took it back down. Amazing that the .0025 was directly after buying volume was higher than selling volume.
Kay is doing everything right at the moment. Inking blockbuster deals, investing in good talent, working with big partners, and answering our questions whenever asked. Most of the boards on IHUB would kill for a CEO as open as he has been. maybe he should go silent for months like some CEOs in pennies have been known to do. Would that be better? Yet, here we sell like crazy and call for his ouster based upon things that are completely out of his control. I mean I don't think he is perfect but you guys are asking for a lot IMO. More than you get from fortune 500 guys. Thats for sure.
Someone please give me evidence of one thing Kay has done (or had control of) that was bad in the past few months to bring the price of this stock down?
Only if ECDC cannot come up with the capital to finance the deal which with a 10 million dollar line of credit should be easily completed. IMO, the increase in the A/S was specifically to ensure that this deal could not go sour. The a/s will only be utilized if there is a need to finance the deal with RP.
You are right...He seems to want to dodge the question whenever it is asked. But to be honest if there is dilution it hasn't been very big over the past few weeks. I honestly think you have people buying and selling for small profits. A million shares that moves up .001 is a $1000 profit. There are many traders that play these low stocks to make 10% a day. We are getting screwed by them IMO.
You just have to learn to be patient...That is the problem with folks on this board. This is not the normal Penny stock which is a scam that pumps dumps and then goes to BK without anyone really knowing what is happening with the company.
This company is fully reporting and for a smaller company this means that people know they are running at a loss which makes them wary of purchasing the stock. If people are patient with this one, it will pay off and big time. (example: ECDC has been up over a penny 7 times in the past 6 months, just wait it out and it will get there again)
I can't PM right now but I went and read the message. I think that is a great idea. It is not a bad idea to get the message out on Twitter, etc. It may be great idea to invite those people to follow the twitter feed. Also, I hope that people on the board are finding some of the larger boards on IHUB and posting the accolades of ECDC.
On the days where the stock moved up last month we had 400-500 executed trades. On days this week the highest we saw was 150. This thing needs more interest. It seems simple but it hasn't worked that way.
BTW, A mod believed that was a form of spam and that is the reason it was removed.
Maybe short term back to .002 but I still think the Financials at the end of month are what we are waiting for here. They will show a huge turnaround and will allow for some feelings of safety with ECDC. That is really what is needed.
I hate to say it but truthfully this company was killed by the recession and killed its credibility. Since then, the company has had a few million in losses so until they can show a profit it will have a major swings because people see a big jump, take their profits and drop it way back down. In the last 2 weeks, we had a few big buying days and the price went up like crazy then profit takers dropped it back down. I remember a day last week in which there was 2/3 selling and volume was like 40 million. Supply and demand is the same here as anywhere else so days like we have been having with more selling than buying will keep it down. (whether it is dilution or not is the question that no one here can answer, thus the fear to buy)
I hate to be overly simplistic about this but I have to say it is really 2 things:
1. People that own this stock know it worth way more than the current PPS but:
2. People who don't own the stock either do not understand the profit or are fearful because they are not sure what these huge jumps and then drops mean
I am not sure what you are asking but I will take a stab at it:
Rogue Paper makes the Watchwith Apps for MTV and VH1. Users can use this product to chat with friends and other viewers about the show, take trivia quizzes, and view other content regarding the shows.
Currently the App is only on IPHONE but we received News last week that they were rolling out an Android version and a Desktop version of the App
The amazing thing about this is that the 800k users was before the rollout of the App to users on Android devices. Android phones outnumber IPhones by 2 to 1 so it is conceivable that they have expanded their customer base by triple.
Yep averaged down today to bring average under .004...Means .01 is a 250% profit. This stock will be worth 10 times that. Keep selling at these low prices and I will oblige with my buying power. 2500% profits will be very nice and patience is a virtue.
kayalade@earthsearch.us
That is fine but remember that Authorized shares are not outstanding shares. The company does have an A/S of 950 Million shares but less than 500 million are in the market to be sold. The rest are in escrow in case of need to fund some of these large agreements. These are not shares being sold in the open market.
I take the word of the CEO. I emailed him and asked and he assured me that the O/S is less than 500 Million. I have no reason not to believe him as this company is fully reporting and he would have a lot more to lose by lying to his shareholders. This is the response I received to my email:
1. They have a 10 million dollar line of credit available according to their past PRs.
2. This companies O/S is less than 500 million (way less than most pennies)
I am in long too but I think people are getting spooked for no real good reason but it is their money and I will never tell anyone else how to spend their money. IMO ECDC is a buy now to make real money.
JUST A THOUGHT
Everyone who is posting here go to 2 of the big groups in the penny traders forums and put a shout to this big news today. Get people to at least give us a look and I bet we create some buyers. I posted to 2 of them today but remember more than 2 similar posts is considered spam!!!!
If the company won't do good PR/IR we can do our best!!!!
GO ECDC
ECDC ANNOUNCES 1 MILLION DOLLAR ORDER
THIS STOCK HIT .02 JUST 2 WEEKS AGO AND IS BACK DOWN TO .003 COULD BE YOUR NEXT 1000% GAIN IN THE NEXT FEW DAYS. BIG NEWS TODAY AND CEO PROMISES MARCH TO BE BIG NEWS MONTH.
ECDC ANNOUNCES 1 MILLION DOLLAR ORDER
THIS STOCK HIT .02 JUST 2 WEEKS AGO AND IS BACK DOWN TO .003 COULD BE YOUR NEXT 1000% GAIN IN THE NEXT FEW DAYS. BIG NEWS TODAY AND CEO PROMISES MARCH TO BE BIG NEWS MONTH.
If you do that, you cut the earnings potential in half because he owns the patents to the technology for both StudentConnect and EarthSearch. So, considering the 2 huge deals that were announced this week, which by themselves our more revenue than the entire year last year for Rogue Paper, I say keep everything where its at and watch this thing soar.
If you look at the financials, you are a little bit wrong. Rogue Paper was actually on pace to have a profit by itself in the 3rd quarter of last year when ECDC purchased them. At the same time, I agree that the real value here will be in the other 3 areas of the comapnay as long as Kay plays his cards right. Stephanie is important as she is now running the student connect portion of the company.
There is a lot of opportunity here and the nice thing is there are 4 money making opportunities so if one doesn't work, we are not lost.
Rogue Paper will have huge revenues over the next few years. 800K users without even adding Android or desktop platforms.
Student connect may do well (lots of potential) but it has yet to capitalize. Student safety is a huge business.
Earthsearch - Will be very big with the increasing oil prices and unrest in the OPEC nations and also with Militaries with so much talk of Wars.
Wetwinds - I look at this in the eyes of Facebook. If we get just a small tidbit of their users, say 1% would mean a value in the 100s of millions
With ECDC we are buying into an idea because it has not been proven as of yet but all of the data shows movement towards profitability. It will take a little luck and a lot of very hard work but I could see this stock hitting the $1 or more range.
There is so much going on with this company but we are awaiting more news with real numbers. Really the big news will be the financials at the end of the month. However, the CEO Kay has been promising March would be a big news month so we are awaiting his promised news blitz
Made some changes to the Intro....Tell me what you think...I will make changes if wanted
I think it may be time to re-do the Intro as well. There is a lot there and most of it is from Last year. I think I may do some changing???
Any thoughts on this? Don't want to step on any toes!!!!
That is what it seems. they have authorized 950 million shares but the O/S is less than 500 million.
EMAIL REPLY FROM KAY:
Just doing a little light reading on the Website:
So I sent a few questions to him regarding this and will post anything he allows in response:
1. Did anything come about from the "Road show to New Jersey Schools"?
2. What is going on currently in the 18 countries where we have companies working with our technology. How many of those are still working and have moved forward?
3. According to the website, the company is working to add more networks to the Rogue Paper Apps, has anything come of this or are there any positive talks going on?
4. What is the business model of Wetwinds and is there a more concrete date for a rollout on the site?
Where did you see that?
I agree with you it is almost like a rock and a hard place. People on the board get upset when they make an effort and then upset because it only causes small runs. Really I think the timing will need to change. Lets see some ir the enitre week before the fins come out.
GO ECDC
To Everyone:
It may be best if the rest of us get all over IHUB and anywhere else people will listen and get the word out about ECDC. As investors who want to get a return on our investment, we need to get the word out. This stock would stay up if we kept interest up in the company. I guess I am saying we should try to work with the company to get our name out there!!!!
GO ECDC!!!!!