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We know you do DD on stock, you don't discuss business strategy, its all about stock, that's very clear to all of us on this board. However regardless of what company you look at it is not a determinant of how ECDC will handle its own access to the capital.
It is equally interesting how quickly you separated the positive of the deal between the company and shareholders. Will shareholders not benefit if the access to capital help manufacturer, close more deals, become more stable. Man you cant have your cake and eat it, on one side you scream and yell how they have no cash, on the other hand when they can access capital you want to beat it down, its not going to work. 2 weeks ago you were screaming about how the share structure is in violation of SEC rule, then they A/S, you started screaming dilution. You are not going to change any minds on this board.
ECDC does not have to sell any shares to Southbridge except for when it needs and I will assume from what I have seen so far they make good decisions and will do same with the access to capital.
If a company with no strategy or product access capital such and this then it is bad for shareholders, with ECDC the plan the strategy the product are all a matter of public record. so who is trying to fool who?
One thing is for certain stock traders never make good business people they look at the sky from the top down (is that even possible?)
Flaflyersfan. Yes you are correct about the things you said but what you are not saying was that you expressed those things in ways that would scared off anyone thinking about investing in the company. This patent infringement if true will change the company's valuation. However it also debunk all your negative talk about the company. A few weeks ago I responded to one of your comments about the cash position and lack of this or that. when I said as an R&D company it takes time.
If the company spent time and money to build this patented product does it now make sense why they are broke and will it not pay off big if there is an infringement?
You just seem to fail to recognize that technology companies more than any other business take time to develop and require incredible amount of cash to survive and this is one is doing so with little cash. That is creditworthy in my view.
That's exactly what I said. Just buy the company.
there is no way Chevy would have been using this and ECDC is granted a patent. no way. I have read the patent application it covered everything form starting your engine from your cell phone to turning on your A/c in the car remotely before going in the car in a hot summer time, this is pretty huge man
Here it is ..........I was right there is patent infringement
US11/854,305
applicant: Kayode Aladesuyi
Assignee: EarthSearch communication
Granted 9/21/2007
Title: Control and System Notification Using Remote Access
Go ECDC !
This company is a Gem say what you want I am loving it.
News! News! I think ECDC may have a patent violation case against Chevy. I saw an Ad today by Chevy touting remote management of vehicles from handheld device. Unless I am loosing my mind, ECDC has a patent on remote vehicle management that should be protected against the Chevy application. This may be what blows the lid off the engine
I don't think we need to read anything into your what you are saying, your own statement says it all. We cant move a half a penny, why would it, if you are o the board commenting on an interview you did nto listen to
Interesting someone went and bought at bid price. Sounds like someone looking to depress the stock. We know the deal
OK so we will have anarchy, since we are heading toward the end of the government in the United States of America according to moneyflowsmyway. The United States of America will end GOV forever. DUH!!!!
So in your view if GOV shut down they will never open again? is that the point you are making? And it sounds like you did not even listen to the audio. the system is free totally free hardware and even the services are free plus company donate percentage of revenue to school, now that addresses your no budget concern, it will be good to listen to the interview before commenting
There is nothing about a release form ZSTN that it is negotiating with ECDC that would make it a rumor would you not agree?
No silly billy, we like question that are related to the business, maybe not you but there have been some people who seem to see negative in everything. when the news about negotiation came up with ZSTN, whoa! all hell almost broke loose everyone was a liar it is not true, even after the company made the announcement, we had some people continue bashing. then ZSTN made their own release confirming the company's news.
We are not saying don't ask questions, we are saying "Yes" pennies are notorious for doing horrible things but this penny seems to be focus on core fundamentals you only see with company;'s on NASDAQ and that's what has been infectious to those of us who are bullish on the stock. Plus a CEO who take calls and do press conferences? That's not normal penny.
Lets be real, lets keep our expectation realistic and not use it to destroy the stock.
Since you are new to the board. One thing that has been amazing about this company is the CEO. He takes all calls answer all questions. that's where the info is coming from but he generally provide us only detail on what is already in the public market. Read the last release, "negotiating master licensing agreement in China and US. Not rumor my friend coming form the company
Man, that will be huge big.
come on man I thought we are playing on the same team here, give us the scoop
I feel you
I am curious who is the deal with in the US market we know china, I am really burning with curiosity, this will be really big
OK what is the point, have they issued shares to hedge fund yet? this is a line of credit. They don't have to use it if they don't want to
Everyone should read company's announcement carefully and understand the company's objective as I see people twisting the information to suit their own objective
Total nonsense and you call this DD? are you kidding me?
I know in your and the writers view any public company that issue shares to raise capital to fund its operation intends to dilute. complete hogwash.
The company has addressed this in its press release and has clearly stated its objectives anything else is scare tactics. I am sure if e they successfully use the resource to manufacture and expand you and the writer will have something else to say.
The key word is "on as need basis" if used to drive revenue and pps i am with them, if used to pay salaries everything goes out the window. we need to recognize, the company will never accomplish its objectives without capital. this is the reason company's go public not to flip flop stocks like most penny's do. I agree with the on this strategy.
Are you sure about that or is someone just simply posting garbage that has no truth to it. From my conversations with the CEO, it does not sound like him, he does not make those type statement, I will like to know who posted that info. In the press release that I have seen he clearly states there was no discussion of a buy out.
Maybe its because then company had to issue shares for the new shareholders acquired. And it is clear in the filings the shares issued went to insiders which are restricted. Kay and other board compensation represented the big increase So there is no reason to raise a issue where none exist.
Really quiet
If you are not in for the long I understand your point, but if you study the company very well you will want to be a long. I am certain by year end those of us that are long will make 300% or more. Confident about that.
Really? Including the ones that have no business at all? Interesting
By the way what did you think would happen after the acquisition? stock will not go up? ECDC was a shell until acquired by a company will real operation and real shareholders. Unlike the old ECDC, it is clear people are investing in the company or the insiders acquisition of more shares is an indication of their confidence in the direction of the company.
I spoke to the CEO, it is my understanding that they had a majority of shareholders approve the change and the filing is left with their new SEC attorneys.They are not required by Nevada law to seek full shareholders approval just a majority, so stop trying to paint a picture that is not true. Everyone is too hype on this company my friend.
By the way what did you think would happen after the acquisition? stock will not go up? ECDC was a shell until acquired by EarthSearch with will real operation and shareholders.
Bit player, small player only time will tell. They just got in the race. More than anything else their business model does not require them to go out and fight for clients they are selling through partners and distributors
It is absolutely true. There are criteria that is applied to approve share increase in Nevada. I will find it and post it right here to prove it to you. They will look at the capitalization and determine whether additional fees need to be accessed or not before approving the filing. I will post the document right here.
I am going to call the company today and get the fact so we can stop scaring people on this board.
No you are wrong, just because you file to increase the
authorized share does not mean the Secretary State will approve it. They have to process and notify you that it has been process and approved before you can file the 8K. I happen to have personally experience the process myself. From the way ECDC has conducted itself thus far I am certain they will file the appropriate documents.
Yes, I believe they should file, however do you have the information and to when they were provided an approval notice by State of Nevada? The 4 day filing only begins from when they were provided notice of approval. So let get full and complete information before creating a scare.
Are you serious? I knew it, I suspected there were shorties acting like longs I could smell it. every now and then their comments let you know it.
$500,000 in defaulted loans, there were no terms on the loans to insiders, if read the 8k correctly.
My dear friend leave the company alone, it needs to grow first. A baby got to walk, and yes most R&D companies take on debt to grow.
I just used skype as an example to one of your postings. Microsoft paid $8bn and it has never made profit. It was just just good technology.
FYI - It was the person that has posted this that tried to warn all of us that they the share structure was not in compliance as part of his effort to scare us and depress the stock several weeks ago. so be careful listening to him, he switches on his own points.
First they need approval from Nevada Secretary of State office before filing an S8 which I am sure they will. Second I don't see the surprise, even here on this board we discussed the need for them to do this for their share structure to be in compliance. Finally, does anyone have any idea how much it would cost to have a shareholder meeting simply for SA, then we will complain about not being profitable?
Ask yourself this question, that is not public record unless you are looking for it, this guy is searching for negatives on the company.
In the State of Nevada you need a majority shareholder for this type issue not a shareholders meeting.I just checked it out.
Do you have any idea how much money it would cost a small company in growth stages to call a shareholders meeting for a simple share authorization. we are not talking merger or acquisition here. Do you really think we are stupid here and don't know anything about how business function, cost is relative. And you will be the first to say the company is not profitable. I would have done the same.
By the was it not you that actually suggested that they must do this? Right here on this board.
I know how, I spoke Kay. the way it works is that in Nigeria there are about 15ml parents each parent will average 4 messages per day. Each message if I remember correctly will average .10 so that would be 60ml messages at .10 = $6ml per day. they want google or yahoo or Bing whoever they partner with to pay 255 of the ad revenue. At least that was my understanding of it. You guys should call him, he never mind laying out the company's business strategy and plan for shareholders and investors, that why i fee l so strong about this company
If you go back to the conference call that was exactly what the CEO said. M&A and I agree, buying some small app developer will be a good move at this time.
I am always long on this, i will sell some when hit .10 and only some, I am very long on ECDC
LOL! for real no joking, I am with you