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Thank you for the information, but the topic of discussion at the moment has been around his yearly compensation, not controlling interest in the company, which I agree is disappointing.
Brandon I don't have the ability to PM you in response. Are you contending that the preferred shares in this case have a different pps than the common shares? TIA
So what are the shares worth now?
Were there any form 4 filings showing the transactions where Kay as an insider sold his shares? TIA
Well from your own link it shows that his salary was $175K. There was a bonus listed of $600k. More DD of info contained within the link you provided shows clearly that the $600k bonus was in stock. So clearly it can be concluded that it is inaccurate to say that Kay's salary is $800K. Hope this helps.
Can you please post link to Kaye salary being $800K? TIA
I don't know about his email. However I have corresponded several times with Kaye (or his email address) and have had many responses that were not boiler plate in nature. As a said before though, nothing that he has said in those emails has turned out to be true. Because I have no other choice at this point, I still will remain hopeful that something positive comes soon for us.
Without disputing the validity of your email claim, I can tell you that many of us here have emailed both the company and the ceo and have received many glowing responses very similar to yours. Unfortunately, the responses have not matched the actions of the company. To the point about the bashing...There would not be so much of it if the company had done one single thing in the last few months that was positive for the investors, pps, company, or its clients. All IMHO. GLTA
Yep...I am afraid you are probably going to be correct on that one friend. Let's hope for a miracle. Although hope is such a terrible trading strategy.
I don't disagree about the quality of the investment in this stock. I simply pointed out that comments made by some here are inaccurate. Hope this helps..GLTY
:) What a great board we have here for ECDC. GLTA and presentation of facts here for ECDC.
I disagree. As the person that made the comment, I can absolutely contend that I was not comparing ECDC to any other company. Again, I was simply pointing out the inaccuracy of your statement that I will once again post here:
I was not comparing ECDC to any other company. I was simply providing evidence that directly contradicts this statement that you made. I will post again here:
That's a pretty broad stroke you're painting there. I am sure that in the history of all companies traded on all exchanges there have been some positive outcomes after a r/s. Some examples for you include: PCLN, DUK, and HSH just to name a few. Hope this helps.
Devil is correct. It is just as accurate to say that 300 million shares were sold Friday as it is to say that 300 million were bought Friday. The good news is that the buyers were willing to pay the asking price for the stock rather than the sellers dumping them on the bid. This is why most people would consider the day as mostly "buying"....GLTA we will need it
Oh and it is also true that reverse splits almost never turn out well for investors...notice that I say "almost".
This is the only sentence from the Schedule 14C about the reverse split that you need to read to understand that the the company will continue to dilute and drive the pps down afterwards:
almost 250 mill buys at 0002 and they still not falling..??
You have unfortunately been correct all this time Brandon. Many people here would have kept a lot of their hard-earned money if they had listened to you. I truly can't believe it has come to this. Kaye really has done it again. :(
Where are these 24 million blocks?
Wow. The naysayers here have been correct over and over. Once again another delay.....This is really starting to look like we have all beed duped. Hate to say it, but this doesn't look or act like a real company with real products at this point. IMO
I don't see any pr release??? TIA
Is my L2 broken? There is no ask on ASYI???
Is my L2 broken? What happened to all the market makers for ECDC?
That's because all 200 mill was on the bid!!! LOL
it's quite possible the remaining bid @0001 gets blown out today too if we have another day like yesterday. then we will be at the dreaded "no-bid".
yeah with 150 milly now at the ask @ 0002 this isn't moving anywhere for a while...might as well come back next week..LOL
Where do you see the short position in ECDC that you mention? Link please? TIA
What do you not understand? 90 million shares were apparently exchanged for a price of less than .0001. How else to say it?
No, do you?
I will finally have to come to terms with the fact that you may be correct. For some time now I have been of the opinion that we might see something come of this. I will however maintain a single ray of hope that I will attach to the "new" launch date of 12-24. If we do not see something substantial on that date, no matter what, I fully believe that you can turn the lights out on this stock. There have just been too many delays, too many excuses, and too much dilution for this thing to survive. Let's hope for the best if you are long. At this point, it's all we have unfortunately.
The trade at 15:52:02 means less than 0001...GLTA
http://quotes.freerealtime.com/dl/frt/M?IM=quotes&type=Time%26Sales&symbol=ecdc
Wow, huge down volume today. Lot's of dilution still happening here. For the first time we had shares go off at less than 0001. 90 million of them to be exact. Not looking good at all. GLTA
correct bid and ask info:
520,000,000 bid
45,100,000 ask
The problem with the lack of pr is not that we all didn't find out about the delay. Certainly those of us that follow closely knew by the tweets. The point is the negative perception that it portrays of the company and its management. If they felt the beta launch was important enough to tout in an official pr, then you would think the delay of such would be just as important. Otherwise it appears that either you are hiding something, or just don't care about shareholders, or both. All of which are disappointing. GLTA
I agree with you 100% Neuronal. I am long in this company and am so because I want the pps to increase. I would however like to know your opinion on the delay of the much awaited launch today and the lack of any kind of official pr by the company to explain. TIA for your thoughts.
I understand that you believe he wouldn't correspond with certain people due to lawsuits. This does make sense. What doesn't make sense however, is that he would not put out an official pr to communicate with the hundreds if not thousands or potentially millions (LOL) of clients, potential users, investors, etc. that the beta launch was not going to happen today and why. Just seems like a pretty simple thing that a normal organization would do. IMO
I don't really know if you have a point or not. I am simply referring to this post by you questioning whether or not a person exchanged emails with Kay. Here is your quote just in case you forgot: GLTA
I have corresponded with Kaye via email....
Well, no official pr from the company and no launch of the beta version today. This is quite disappointing. I am becoming less and less optimistic about anything good happening here...hope I am wrong.
I hate to be negative and long at the same time. However, facts are facts. The failure of the company to launch a beta version of latest product is concerning. Also, if you are going to push a pr in advance touting the launch with a specific date, fail to meet that date, it would be all the more professional to issue an official pr stating the reason for the delay. There may be good things to come with this company, but right now the actions of management are not very encouraging. Just my opinion.