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It comes down to us...
To me, the biggest problem with ECDC is recognition. We simply do not have enough interest. Too many slow days like today. If the company will/can not get people interested the least we can do is get the word out. That starts with having the best information possible on this board.
EAST COAST DIVERSIFIED (ECDC) To Enter Into Social Media
East Coast Diversified Corporation (OTC: ECDC), an Atlanta based company, is planning to enter into the social media space. The company is planning to launch WetWinds, a social media site, which will introduce an innovative and disruptive live and interactive social application that will redefine virtual socialization in the summer of 2012. The company acquired the social media site “aNOTEfor”, which will be modified and re-branded to launch as WetWinds this summer.
East Coast Diversified Corp. is a diversified group of companies, which offers services and technologies to the education, entertainment and media industries.
The company has shown a jump of 1,429% in revenue for the three-months ended June 30, 2011. The company’s revenue was $206,014 for the three-months Ended June 30, 2011 compared to $13,471 for the same period in 2010.
The company added key personnel in order to support growth of the company in 2011/2012.
Extending to Desktop and Android to Reach More Viewers
ATLANTA, Feb 27, 2012
ATLANTA, Feb 27, 2012 /PRNewswire/ -- East Coast Diversified Corporation (OTCBB: ECDC) announced that its subsidiary, Rogue Paper, Inc., and their second screen TV platform, TV Tune-In, released a desktop version to reach more users.Rogue Paper's TV Tune-In platform allows users a second screen experience for a number of popular TV programs, sporting events and channels, to interact and comment with each other during live and time-shifted broadcasts. TV Tune-In is rolling out the latest update to its second-screen platform that allows viewers who are watching television with a laptop or PC by their side to get access to the second screen exclusives provided by television networks. The desktop feature will be accessible via broadcaster's online presence and Facebook. It allows users to participate in interactive polls, quizzes, behind the scenes videos and more perfectly timed and in sync with what's happening on the screen.
TV Tune-In will also provide additional support for Android devices and tablets, a market according to latest quarterly earnings call that it has activated 190 million Android devices (http://www.youtube.com/googleir)."It is our goal to reach viewers on any second screen device they may be using while they are watching television," Stephanie Boyle, the CEO of Rogue Paper commented. "Extending to the desktop, to new platforms such as Android, and doing a deeper integration with Facebook are ways in which we reach viewers where they are watching. Increasing our reach is the best way for networks to fully capitalize on the second screen revenue opportunities."
TV Tune-In is a white-labeled service for media companies and content owners to engage with audiences on the second screen. Rogue Paper recently released that its platform has over 800k users. Extending to additional platforms is a way to continue to increase TV Tune-In's user base. About Rogue PaperRogue Paper, a subsidiary of ECDC, is a developer of TV Tune-In Application developed by Rogue Paper. TV Tune-In is a real-time, companion viewing and mobile app development platform for media companies to help drive viewership, conversation and interactions for television shows and content. TV Tune-In's CMS allows media companies to develop branded iPhone and iPad apps for television shows and channels. Powering such category leading applications as MTV's WatchWith and VH1's Co-Star iPhone and iPad applications, users can actively comment along with their favorite show (live or time-shifted). The apps aim to attract fans around live viewing of their favorite show, event, or sports team. Users can actively comment, Tweet and Like their favorite show, chat with friends, play trivia games, watch exclusive video content, photos and more. www.tvtunein.com www.roguepaper.comAbout East Coast Diversified CorporationEast Coast Diversified Corporation (OTC.BB: ECDC.OB) is a holding corporation with a diversified group of technology companies. Its business portfolio includes businesses offering technology for logistics and asset management, media entertainment technology, transportation safety and class attendance monitoring system and social media applications.
EarthSearch and StudentConnect both offer solutions using the world's first wireless communication between GPS and RFID; both companies challenge the imagination for desired solutions using GPS, RFID and other sensor technologies. EarthSearch delivers solutions relevant to operations of businesses and governments providing efficiency, cost saving, continuous visibility of assets and cargo in transit, with visibility across the entire supply chain including oil tankers, pipeline and other fixed assets.
StudentConnect provides transportation and class attendance monitoring solutions to schools ensuring safe departure and arrival of students riding on school buses and providing an automated class attendance monitoring system that engages parents with information about student behavior at school, including providing real time notification regarding truancy and skip class behavior.
WetWinds, a new social media division schedule to launch in summer 2012 will deliver interactive social media experience to audiences and users across the globe. WetWinds will introduce interactive application that will change the way we socialize on the web. Register to be one of the first one million beta users of interactive social media before our global launch. Register at: www.wetwinds.us
For more information on East Coast Diversified Corporation and its group of companies please visit the company's website at www.eastcoastdiversified.com
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
Being too in-depth on ECDC
I think with L2 and all of the other abilities we have, investors complicate things too much when it comes to their DD on many of these companies. The reason this company's stock is not doing well is very simple:
1. There is no interest in the stock (less than 100 trades today)
2. There has been more selling than buying.
It really is that simple. Kay and the rest of the company is simply not doing very well keeping investors confident and also bringing in new investors. Kay should be spending time utilizing the connections we have already established to find some institutional investors. If they gave him 10 minutes of their time, the investors would line up for this company that has been more and more successful each day.
People are worried about the outstanding shares and VFIN sitting on the ask but really we need more interest in the stock and that would overcome all other obstacles.
IMO
RE-Post from Earlier
It is beginning to get harder to keep defending Kay and his policies but the fact is that as he goes, the company goes for a few reasons:
1. He owns the Patents
2. Most of his family are the loan investors (they could call for them at will)
3. Most of his family/friends are the Board so he will not be removed.
The fact that he doubled the S/S this month alone is very scary for this company. I am still in this for the long because I don't have a choice at this point and believe they have a shot but only if this huge dilution doesn't stop.
Stop talking about firing the CEO. It just cannot happen.
I have to reply that my 2 car payments and gas is well over 1000 a month and I could see a nice vehicle being 500-600 per month plus with gas prices today 100/week is not unheard of which would put us at the 1000 per month mark. I don't think thats excessive for a vehicle but for an owner of a company that is still in its early stages and not making a profit the question I have is
WHY IN THE WORLD ARE WE PAYING FOR YOUR CAR?
Take your payments out of your salary or drive a junker until you make a profit. Otherwise leave this car at HQ and use it only for business.
I actually agree with you
Maybe the best thing here is to move him into a chairman situation and have people below him that make the real day to day decisions on how to run this company effectly. Doubling the A/S in a period of 16 days is not good policy no matter the reasoning.
FFF Thanks for the link...
It is beginning to get harder to keep defending Kay and his policies but the fact is that as he goes, the company goes for a few reasons:
1. He owns the Patents
2. Most of his family are the loan investors (they could call for them at will)
3. Most of his family/friends are the Board so he will not be removed.
The fact that he doubled the S/S this month alone is very scary for this company. I am still in this for the long because I don't have a choice at this point and believe they have a shot but only if this huge dilution doesn't stop.
The problem with your post is that he (not the company) owns the patents to much of the technology they are using. Fire him and destroy the company. Kay is the company; without him there are no product patents and therefore no products. Go ahead fire Kay and watch this hit no bid and BK.
Looked all the way down the list to the first mention of the changes. There is no link. Help me out if I am missing something.
That is exactly what i am saying!!!! I am a little suspicious that we get news that is this good during the week and then all of the sudden we get news with real numbers and they find a 200 million increase to the A/S.
I checked SEC EDGAR and there are no changes since 2/14 so either they knew about this 2 weeks and held the information or they are lying now.
Even though this has everything to do with this company they will probably delete this post.
Can someone tell me where they found this new 200 Million shares because I just checked SEC and there are no new filings in the past 2 weeks????
I just want to see it for myself. Please.
The big reason that this has stayed low is that it has a pretty big debt load. PR's like this tell us that revenue is going even higher than the 480% increase we saw last year. Revenue Increases will mean profitability and soon for this company. When this company is profitable it will be worth well over .10 and in the future well over 1.00
The biggest problem people on this board have had with this company is that it is in debt. Once we turn a profit, the company is so diversified that it will mean large sustained gains.
IMO
It may be correct that the selling is over with such low volume today but with that no one is buying. I think the dilution has scared so many that we are in for a lull until the financials are released which last year was April 15. March may be good but I wouldn't hold my breath until mid-april.
It is amazing that they don't look to the past and see that this one has a track record of being down for a few weeks and jumping again. This is a definite hold and buy right now and anyone selling is either making money by shorting or is absolutely insane. This will go to at least .02 again so buying now is really the best idea.
The way I count we have had 5 runs in 5 months so a little patience here is the way to make it count for you.
That is why I think the PR from yesterday is so enormous. There are twice as many android users than there are Apple users so revenues for RP will likely triple. With that tripling, that would mean half the company's revenues triple (or the companies total revenues double). This announcement is very big for ECDC.
It is down because people are selling and bringing it down...This stock up and down all the time. Look at the history over the past 6 months. A little patience and it will return back where it used to be. Just because a stock drops does not make it a scam. When we invest in ECDC, we are investing in a concept more than a company right now. ECDC is building and for those with some patience, will pay big. Yesterday's announcement was a building block and could only have been bigger if it was along with some real numbers and dates. When this stock turns around those of us thast are still here will have made thousands of dollars while the people selling now are making hundreds.
I completely agree with you... ECDC is not a pump and dump or a scam. A scam is a company that has no products and is in the business of selling shares. There has been no activity even in the dilution that I found suspect. Sometimes before we can become profitable we have to finance the debt through dilution. In a perfect world, this company would be infused witrh cash to get the ball rolling but we don't live in a perfect world.
I actually see today's PR as the biggest news we have gotten, maybe ever. This could potentially triple the revenue of RP which would put the company near a profit today.
GO ECDC
BUY NOW!!!!!! Just jumped into Green .005 and then back down to .044 according to my account. Today is the day to make some real money. I already bought at .0044. Hit the ask and we will jump.
VFIN is still sitting up at .01. This is not dilution...There is something else going on... No interest in ECDC...Seems they do not do well promoting themselves at all.
This is Ridiculous....This is probably the biggest news we have seen in over a year from ECDC and we go down. There is something wrong with that. IMO
ECDC RP TRIPLES CUSTOMER BASE
http://www.email-marketing-reports.com/wireless-mobile/smartphone-statistics.htm#smartphones" rel="nofollow" target="_blank" >http://www.email-marketing-reports.com/wireless-mobile/smartphone-statistics.htm#smartphones
A FEW THINGS ABOUT YESTERDAYS ANNOUNCEMENT:
1. The ANDROID operating system can be found on more than 46% of Smartphones
2. ANDROID phones made up 51% of sales in 2011
3. 679 Million phones to be sold in 2012
4. MORGAN STANLEY predicts use of smartphones will eclipse PCs in 2012
The news yesterday that RP is expanding its WatchWith Apps may be the biggest news out of ECDC in years. This decision alone has the potential to turn 800k users into 2.5 million users (without even calculating in people that use their laptops while watching TV). We literally saw the news that will move this company into the black come out yesterday.
BUY IN NOW at open of .0048 and see it triple by the end of this week. ALL IMO
ECDC RP TRIPLES CUSTOMER POOL
Smartphone Stats
A FEW THINGS ABOUT YESTERDAYS ANNOUNCEMENT:
1. The ANDROID operating system can be found on more than 46% of Smartphones
2. ANDROID phones made up 51% of sales in 2011
3. 679 Million phones to be sold in 2012
4. MORGAN STANLEY predicts use of smartphones will eclipse PCs in 2012
The news yesterday that RP is expanding its WatchWith Apps may be the biggest news out of ECDC in years. This decision alone has the potential to turn 800k users into 2.5 million users (without even calculating in people that use their laptops while watching TV). We literally saw the news that will move this company into the black come out yesterday. ALL IMO
GO ECDC
Nice to see you back...The patience with ECDC will be our huge reward. I have got just over half a million and will be adding tomorrow.
This may take a while to sink in for our friends here but this announcement could literally be the move that finally puts ECDC in the black. It is that big!!! IMO
ROGUE PAPER JUST TRIPLED ITS CUSTOMER BASE
This is huge news today...Get it out there as much as you can. Android phone account for more than half of all smartphones and there were 479 Million bought last year alone. The site I pulled the information from is above.
This announcement doubles the customer base for the APPS by RP just with Android users not to mention the ability to use it on tablets and on PCs
Tomorrow will be HUGE... IMO
Smartphone Stats
Everyone who has been here a while knows that this is the M.O. of ECDC. It jumps for a few days then drops back to .002s or .003s. Then a few weeks later (or month), we get some more news and it pops again. People just have to learn that until this company is profitable, it will keep acting like this becuase that is what it needs to stay in business. The big question will not really be the end of year reports but instead what has happened in Q1 2012. I am in this for the long haul becuase I believe in this company but those that are upset that it has dropped back down simply didn't do very good DD on this stock.
I thought the contract was for 30 days?
Do you know how many companies on the internet make $$$ selling advertisements? ALL OF THEM!!!!
Student Connect will be worth even more because they will have a specific demographic. The website will be able to go out to companies wanting this specific dempographic (parents of school aged children) for a premium. StudentConnect will make money and will do it through "giving away" their product.
Latly, advertisers do not care about SEC filings. They care about website traffic. Advertisers utilize these sites based upon their ability to get out their name. I don't understand how you can't understand that this business model works all over the internet. Because it works everywhere else, I believe it will work here too.
IMO
Go back to last year on this one. VFIN is always here but the only time we shoot up is when he just gets outplayed but then he always catches up and drops it right back down.
I hate to say this but down to .0082 now and I think we may get back back to the .005s or lower by EOD. Sellers (at 68% of todays volume) are simply killing the price today. If there truly is more dilution along with no demand, the pps will continue to fall.
I agree. We have had over double the sells today than the buys but I worry that the profit taking isn't over and will take us pretty low before we can come back!!!!!
Just dropped to .0096 then .0093 according to my account. Hopefully, we are not on our way back to the .003s...Somebody bring me in off the ledge please????
Not to mention that the losses are significantly lower whcih means we are moving towards profitability. Yes a loss is a loss but a smaller loss means closer to a profit. The results of 2011 over 2010 should be proof enough that we are moving in the right direction.
I agree that we have had a turbulent couple years but we are headed in the right direction.
GO ECDC
That is too funny because last week it was a 99% sell and now it is a 40% buy....Big News ....IMO
And once wetwinds goes viral, even at 1% of FB it would be worth 100s of millions if not over a billion with the other ventures....HUGE DAYS AHEAD
GO ECDC
Not to mention that Rogue Paper makes advertising fees on an app with 800k users. Also, last night he made mention of investors seeing rolluts of student connect later this year. (more advertising money)and the eventual rollout of wetwinds, which could be worth nearly 1 billion dollars if it just gets to 1% of the size of FB (which is looking to IPO with a valuation of almost 100 billion).
I was most intrigued to hear that a company with less users than RP was recently able to get investments of 12 million dollars. Does anyone know more about what he was referring to? (because that would be more than this company has ever been close to for value)
When it comes down to it, It doesn't matter as long as they make money and he is not completely out the door. He owns 2 of the patents they are using so the licensing agreement would go out the door without him. He will be around for a long time to come. The scary part would be if they truly did push him out of ECDC...then we are all screwed.
And BTW for a penny stock, the share structure here is outstanding. Most CEOs would have diluted into the Billions of shares. I commend Kay for keeping us as low as we are.