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Unless I am mistaken, the 10q said the company started attaching advertisement to messages on November 12, 2014. Even if there is no ad revenue or little to no ad revenue in 2014 I am cool with it.
As you stated yourself it is all a process. Signing contract is one deployment is another, getting parent to download app is another what is wrong with going through that process first
Here is my beef. Hate the CEO hate the company say what you like about it and I am fine with it. Providing false info, conveniently leaving pertinent information simply cast doubt on commentaries rendered by anyone doing that.
1. Conveniently left off 8 districts under 5 year contract ( in one Q)
2. Left off the revenue source Ad Media (critical milestone)
3. Question if revenue was being earned , but the Q clearly sates they started serving ad on November 12th
4. Question if the schools are using the product, last I checked the schools were listed no hidden info
Evidence show significant progress
Until now we say he is dumping stock well Q showed no stock issued
We say it has no money, now we know it has money and is deploying product, regardless of bank balance
Why and where should they spell out what 5 year contract mean? Do the math, student ride the bus parent get the message and Admedia pays. The business is coming together anyone can say what they may that is clear to me like day and night.
Anyone can Question where the revenue is from or not it is moving towards its first profitable quarter product sale, licensing fee does not matter, that's its business
Like someone said we don't know why the company does not give detail. I hope the company focus on business, making progress and ignore the negative comments.
Visit Gupta.scaap-ad.com new video on home page. Amazing what. This guy is putting together incredible business. No question this took time.
I think you conveniently left off 8 schools under 5 year contracts.
Let me show you the math:
8 schools * AdMedia .50cents to $5.00 per click = great future for ECDC
Believe what you want that's the math. Great millstone accomplishment this quarter.
Incredibly, there were no stock being dumped, but all year the only noise was how kay is dumping stock.
Obviously there are investor giving the company money, they obviously know what the investors here don't know or see something investors here can't see. Otherwise how does this keep developing quarter after quarter. I see the light at the end of the tunnels,
Default loan? at least we see what is being done. 8'schools districts developed.
Kay is spending money on this
For what it's worth you put your finger on the most missed fact on the board.
Qtr to qtr improvement regardless of how they earn revenue under the business businesses have multiple revenue model[t]nit is not unusual
Look at MDandA
8 school district under 5 year contracts
3 in pilot
5 in contract negotiations
Great progress in one quarter. The big news for me in the report is this.
Agreement with Admedia to feed ads into messages on Student Connect at .50cents to $5.00 per click, pure ground work for explosive growth is right there in black and white. How can this not have relevance to the milestones accomplished.
I am not going to participate in a race to see who will be more negative. This report has more positive news than I have seen in a year.
Do it faster ? Seriously, have you ever done business with any government agency? He has moved a t the speed of light as it stand right now do you have any idea what bid process looks like..
My Dad use to say. Only those who have never done it before think it is easy. If you think I am ECDC because I call the company, read the filings do my research and don't buy into bogus opinions then so be it I am. ,!!!
Several people just confirmed the chill today.
Thanks you. The first thing I have now realize is that very few do research , very few read filings most opinion rendered cannot stand challenge by facts.
Kay owns the company turns out not true, only gets royalty.
There is no DTC chill turns out not true, there is a chill
StudentConnect ]does not exist not true, it does exist
Kay working out to his house not true
There is no Verizon agreement not true, it does exist see SEC filings
There are no agreement with school not true, we now know several schools have been working with SC
There is no Vir2o, not true, actually not a great looking site in my view maybe a pipe dream but there is one and maybe they will rebuild it.
All revenue so far this year small or big can only have come from Earthsearch as we know both SC and Vir2o are in development.
Please show me the scam!!!
And when we can point to things that are true such as zero or no revenue we ignore the fact that the company continuously advise that it was in various stages of development or that it will continue to issue shares to fund development .
There is one single fact that has kept me in this stock. My Experience.
It takes a lot of money and time to build a solid business. This company started in 2010. 4.5 years ago. We have clear evidence tHere are 3 technology companies in development, that more than satisfy me with the current stage of the business.
The fact that it actually developed this SC business in 2 years and is already deploying them is HUGE!
Anyone that has ever done business with the government or any of its agency will tell you he has performed miracles. Unless I am mistaken Student connect started in October 2012 as per filing same time as Vir2o. That we have product on buses is nothing short of miracles.
ECDC just started in 2010 spent 2 .5 years building technology and last 2 years creating product around the technology. Clearly one has to understand product life cycle of a development stage company.
GLTA!! Go ECDC
Royalty and ownership info Page F25 Note 6. 10k
On October 5, 2011, the Company entered into a license with BBGN&K LLC (“BBGN&K”) for the rights to use certain patented technologies of which BBGN&K owns the patents. Mr. Aladesuyi is the managing member of BBGN&K. The license agreement calls for royalty payments beginning in 2012 of 8% of EarthSearch’s revenues to be paid quarterly.
Stop posting false information people do your DD. ECDC will debunk your stories one at a time.
Go ECDC
There are different types of chills. Only Global chill will stop trading some type of chills allow trading by existing shareholders but prevent new retail buyers. So when you don't have new buyers to pressure the stock like ECDC you don't see PPS appreciation regardless of news if there is no buying pressure from new people. Only MM trading back and forth keeping price down.
I am only passing info given don't see why the company will make such a false claim.
With all due respect why are you acting as if I have obligation to answer your question" pick up the phone and go ask yourself. If you are not happy with the answers I was given that is your problem I am satisfied with I was told. You can take your comments and advise directly to the company. I don't need them.
The one thing is the guy take calls and talk to investors and answer questions, try that for a moment.
All you have to do is call the company that's all I do and I read the financial carefully. Kay always take calls. So I don't see any problem asking those questions directly yourself on Monday and let us know.
If I see schools putting company logo on their web site I will imagine " a matter of time " would mean few weeks or months at the most for them to start it and running revenue for us.
nycrew I was told the company got notice of DTC chill 2 years ago, not a Global so the stock was still able to trade. It asked to attorneys to handle the matter.
It said it never received any notice from DTC that the chill was ever lifted, but will contact DTC to confirm claims by investors that brokers do not have a DTC chill on stock. It was the indefinite nature of the chill status that finally killed the trading activities and the no bid status.
I asked if a change in DTC status will make any difference with regard to the stock and the answer was YES, first it will start putting news out again, but will not elaborate on other impact.
GLTA! Go ECDC
The schools signing agreements with SC and placing SC logo on their web site are complicit in the effort to scam shareholders. Kay meet with all the transportation directors each Friday night at midnight to plan the scam strategy. Lol! How funny does that sound.
This argument sounded legitimate when the agreements were international or that we could not verify them but now that point is completely bogus.
It's success is a matter of time. Everybody need to do their own research. That in my view is where the discussion should be.
All that nonsense about Kay owning the businesses is bogus I have read the financial inside out. For those who don't know how to find the information here it is:
1. EarthSearch is owned 100% by ECDC
2. StudentConnect is owned 100% by ECDC
For both of those companies Kay gets a 8% royalty for the technology. Not sure what is unusual about this. All technology rights are assigned to ECDC in perpetuity. Search for all Facebook patents shows exactly the same strategy by Mark Z and other companies.
3..Wetwinds is owned100% by ECDC. Wetwinds own 51% of Vir20 and again Kay through another company own 49%. The Kay/company gets nothing until ECDC has $2ml of revenue.
What is interesting about this is that ECDC was never in the social media business. GPS is its business of SC and EarthSearch so if Kay sold 51% of his social media project to ECDC can someone tell me where the scam is. Am I missing something. It will be really nice to get comments with factual information on this board. Most of us will do the same if we sell technology to our employer. I know I would.
Go ECDC!!
I agree speculation is a better way to go lol!
I don't care what anyone says what I saw last week gives me comfort with my investment and convinces me even further that we may see spin offs.
Why would Logan county school district have SC logo on its website
Why has the company building ad platform
Why is it running promotion for advertisement
It is still running strong inspite of all the speculations going on.
I will call again to see about this DTC chill issue. Yes I will not be shocked we wake up one day and get hit by a barrage of news of progress and successful milestones
More proof of progress with StudentConnect and ECDC.
People don't buy the over excited negatives, do your own research. I am convinced this company will shock many people. All is not what it seems
http://www.logan.kyschools.us/content_page2.aspx?cid=212
Chicagodog, I will first like to know what you think about its ability to spin off the subsidiaries as they mature. Is that not a really serious game changer for all shareholders that has never been considered?
I have seen Liberty Mutual, Walmart, GM, Progressive,Mercedes, State Farm, Target, on vir2o and I can go on. We may criticize and talk about all that is wrong with ECDC. Where I see a issue is when we let malicious intent stand in the way of facts.
Now we know why the stock is not trading - DTC Chill
Now we are seeing signs that regardless of stock not trading or lack of news there has been lots of progress with the business.
Now we know it continue to have access to capital from private investors otherwise how is it still in business and showing all these sign of business development
Now we know all the claims of death of ECDC is nothing more than an illusion.
Now we know the company actually have a plan to spin off and shareholders can make money.
To now attempt to deny facts of its access to advertisers who can turn all the progress to revenue is simply mystifying. I have never seen investors In a business be the one trying to knock the business down.
I know this is an opinion filled board. Please look at my posts it is never about opinion but about facts. I do my research. I will be glad to get you screen shots of major advertisers on Vir2o.
By the way I was told final version of Vir2o is almost complete.
Go ECDC
There are 2 types of chills. Global Chill that will stop total trading and there is local chill which mean you as a member of the public cannot deposit stock into DTC. If you have a trading account you can buy the stock. That may explain why the only people trading for awhile were equity firms and market makers trading back and forth. It explain why there has been no public retail.
I will ask ETrade, please ask your broker . There is no way the company will tell me that for nothing.
Guys DTC chill is the only thing holding this stock down. There is obvious progress being made I wish the company will announce them. I do not believe the stock trading is a reflection of the business activities. It is hurting shareholders but that is something the SEC has now got involved in.
Please see recent SEC comments on indefinite DTC chills, which is affecting a lot of businesses that entered the] market through reverse merger. From my conversation with the company, the stock is chilled for issuances done by previous owners in 2006. They hope the new SEC opinion will release the chill so the stock can trade again and reflect proper valuation. I asked what happened if the chill continue I was told the divisions will have to be spinned out as each start to generate revenue as independent public companies. We may end up making more money than we all think.
People can be negative all they want, what is important to me is the continuing progress I am seeing on the business side. Obviously some people see some value otherwise how is it staying alive with all these development there must be a ton of private investors at the table ala NFL players? Maybe? But it is getting funded some kind of way. Every time I called there is a receptionist and there are other people you get to talk and can tell it is a functioning operation. So each can believe what they want. This business is not your everyday bogus pink sheet.
Verizon bring business and SC advertising platform makes money, simple as that, this new site the company shared with me simply convinces me there is money coming down the road. Don't forget ECDC already has major advertising clients that it can send into SC. If you have not been on the Vir2o site should and see the type of advertisers on the platform, take those and put them with SC and you see the revenue pipeline. My hope is that management can put it all together.
As far as liability insurance is concerned I can bet you a $100.00 he has one. It is a requirement to be a Verizon partner. GLTA
Bgupta.scaap-ad.com
Go ECDC!
Could it be possible ECDC has issued ver little shares and MM who have been selling back and forth to each other have bought everything and now wait quietly for revenue announcement before dumping at very profitable returns?
Anyone that think all these news about Verizon is not getting attention must be clueless. The question is who is positioning themselves for a nice pay day.?
Why suddenly just few weeks before school start buying dried up. What? All the stocks decide to go under lock up? Can anyone on the board tell us if they have tried to sell but could not find a buyer?
Is there a reason everyone including critics sitting on their shares or trying to scare others to dump.?
Your concerns are reasonable but How many 5 year contracts do the company need to announce or how many independent news reports need to be broadcasted with transportation directors before we confirm progress. There has been many, the last was Chattooga county GA. I know names were not previously given but we all know why. There were efforts to sabotage but many 5 year contracts have been announced.
The thing that amaze me is how facts are turned upside down.
Chicagodig you said ECDC announced $10ml financing based on a court order. Neither of the 2 deals are connected. One us with Iron ridge on a court order for $1ml. The other was funding agreement with Southridge based on if and when ECDC request funding for up to $10ml
Brandon12 said can you provide a list of the 3 businesses you said Kay bankrupted, the year of bankruptcy and how was Kay involved in each and in what capacity. Your diligence and research will really help us on this board.
Xander3 said he never reported failed deal we could reference it in SEC filings. The focus changed from if filed or not to the nuances in the filing.
Devil96 check the filings again I only found $4ml in debt not $20ml. You are misreading the capital section of the financials
If Kay has done several RS can anyone provide a list of the RS associated with Kay, it will really help investors. I have only found one since he took over ECDC and cannot find any other company he ran that did RS
How can Kay collect too much salary that is hurting the business, if filing shows it has no impact on business cash flow as it was paid in stock. Not even common but Preferred for that matter, which would require conversion to common and filing with SEC before can be sold. It shows long term commitment by CEO
Has Kay abandoned Vir2o? OMG! The company just announced it got access to $28ml songs for its music section on Vir2o called VMaestro
Rogue Paper was a fraud on ECDC if it has a deal with VH1 and MTV how come we are not hearing about. It was worst decision Kay made in my view was sold a lemon, the fact will come out sooner or later.
We should demand a CEO conference call with shareholders to clear these things up. There are just too many misinformation going on. There has to be something going on we don't know.
Yes you may be right but everyone even Russians still refer to it as KGB so if they tell Kay KGB wants it then that's what it is.
But the point was whether Kay reported the deal failed or not and he did. Let's clarify the object of the discussion end of point. It was filed with SEC that's all that matters.
We don't disagree on what's in the filings we disagree on how each interpreted it.
I don't see $4ml in toxic funds and I don't beleive it will issue shares to pay its debt. I believe a majority of its debt are not from toxic fund as most assume, they are from insiders who will wait for the company to grow hence why I am not loosing sleep. It is perfectly fine for me that he issue shares to get rid of toxic funds.
I agree with your other comment that a reverse will,have to happen at some point, when and how is the key. If done when revenue is flying in, then it will not hurt shareholders. Kay will be smart to hold on until the market can solidly see revenue coming in to support any reverse Just IMO
Thanks for sharing so much with me, I knew about most of those and I perceived them differently from you. It is a case half empty cup. I will try to share my perception with you and why I still consider ecdc one of the best investment in the sub/ penny stock. diversified business portfolio
Please share where Kay said there will be no RS and 4 weeks later there was RS. In fact the filing with SEC was in December ( I think) and RS was done in April? I only remember him saying "there were no plans for RS at the time" and that the board had not considered one. 1 year later there was an RS. 1 year is a lifetime in the years of a penny stock. Let's not forget he can't make that decision alone. Oh, do we know if he was out voted into doing one? But of course we are all just guessing the facts. Nothing posted is factual just pure assumptions.
Releases multiple multi million dollar deals. Based on my research he only announced one partnership in Russia that was multi million dollar and he did file in the 10Q with the SEC that the deal fell apart because they wanted the source code to EarthSearch software.. So you are not correct in that respect.
However to address your concern in greater detail. You are referring distributorship/licensing agreements under Earthsearch. Anyone that goes back and look at those releases and study any form of global economics will quickly understand what may have happened. The Global economy collapse and those partners defaulted, however he has only filed one of them failing. So now that the economy is re surging in most places could we potentially see those deal come back? None of know so concluding that he was dishonest may be jumping too fast .
This is the reason I have confidence about Kay and why I see him as a genius. He evolved , he diversified, even though he had to RS to raise more money to start StudentConnect and Vir2o it showed a CEO with determination to succeed. Most companies will have folded and bankrupt after the global economic collapse and the collapse of all the EarthSearch agreements.
Please can you show where Kay filed a $10ml financing deal that was a court order I researched and could not find it. This is pretty serious charge please show us evidence of your claim
For those of us who have been in business before we can understand it. End of development and beginning of deployment are different phases of business that each require capitalization and time for implementation.
Can you give the name of the high profile board member? And who resigned, can't find one, again another pretty serious charge please post name and when.
Filing patent and withdrawing them is not unusual? A lot of companies move from patent to business secret. I
Maybe he saw something that you don't know, like information someone waiting to copy it. I have yet to find any gps devices that can communicate wirelessly with UHF RFID. That is why StudentConnect is unique once again he proves to be one step ahead of us and a genius in my view. If you can find a product that claims to do that let us know. GPS to Passive RFID (not active please do your Dd, most business or companies don't use active RFID).
How do we know he renege, renege means he refused to pay what evidence do we have of that. I can grind one. Could it be that they decided he should not worry about paying as the business was not making money yet. Bold conclusion I might add. If he reneged as you said why are the NFL guys continuing to provide him funding? No name NFL players. I don't think I will be attacking just because they believe in Kay.
Do you have record he has taken in any other funding since the last quarter, I only saw 2 notes. $15k and $29k. All other loans were from insiders. If shares are being issues the financial shows they are dumping toxic debt I don't have a problem with that.
This is just IMO the take on your posts. Like I said it is a case of a cup half full or half empty. Do your own DD this one took me a long time to research and reach my own conclusion. I had to pull an all nighter.
Can you list the several RS you are referring to as I can only find one since 2010 when ECDC became a technology company. Maybe you know something the rest of us don't know please share with us all the other RS since ECDC was acquired in 2010. I hope it is not too much to ask
Whoa! in fairness
I am stunned but it good to see some honest acceptance of truth when the facts can't be denied anymore.
StudentConnect fact that will hit most of us after school start will be immense. This is just the beginning.
FFF thanks for the DD it makes it easier to invest it shows
Transparency
That some companies toxic or not are giving ECDc money and if it so using it to build the business those who believe will actually see success soon.
This is good news for those investing now with all the news coming out about StudentConnect
Thanks for giving us the clear picture
Until CEO proves trustworthy to who?
People buying 200 dollar shares online?
What exactly has he done to define him as untrustworthy?
That he does not file report to disclose the status of the business?
That he receives most of his pay in preferred shares?
That he discloses to is that there is no revenue?
We see the financials, the debt, the issuances, lack of revenue, the declarations that he will issue more shares to continue development.
If he has been dishonest, untrustworthy how are we getting all the negatives being pulled out of the quarterly filings. Just because some people did not read the financials or do proper DD does not make the man dishonest I just think it is patently unfair
We are now seeing the businesses he has said he was building were true regardless of,people calling it lie or vapor ware or Vir2no. Have you seen anyone build 3 technology companies in 4 years. Yes we call him dishonest. I am glad he is strong enough to stay focus and above the noise
I think more than anything he is going to make a lair out of most of his critics.
Please Can you outline what he has done to make him untrustworthy? Or
Amazing!
Please read MDandA. In case you need to know its called Management Discussion and Analysis. Go to discussion about StudentConnect and you will find what you are looking for.
It's there in the filings
Kay is an idiot? A few days ago I said a few people will be backing down on their statements I did not think it will start this early.
Kay is an idiot? But maybe StudentConnect will succeed. Let me rephrase that.
" if ECDC blow up we should not give Kay careful" so we don't have to eat our words" they already eating crow.
Do you know anyone else in management at ECDC that could have put the deal together other than Kay?
"He's a Bozo when it comes to ops nuts and books" Does he know anyone else running the operation?
There will be many more with tails between their legs by year end.
This board is super lol!
Yes you are correct. One slight correction in the trading behavior and this will be over a penny. The business news is the key. The partnership with Verizon is starting to get attention of large equity firms. People are watching to see if product will be deployed in new school year that why you are seeing the pensive trading.
I think once that Verizon partnership is validated in the fall we will have an explosion. That image of StudentConnect at the Verizon booth has got WallStreet attention. Who know which firms may be advising or calling Kay now to help him restructure.
If that is proven and schools are deployed God help us all, a few of us will be Godly wealthy!! This thing will shoot and will not stop,it it reaches the moon
That is one persons opinion. I don't know what past is rearing its head about proof Verizon is doing business with ECDC or that there is now proof real product being deployed.
We can disagree on how it is funding all of its activities or what others consider dilution but to say it is a scam is now clear to anyone with basics analytic skill that argument is bogus.
What I believe is very simple. No one in his or her right mind will go to the length of building a relationship with Verizon and not have a plan to bring back value to the stock for that reason logical to,you or not is why I will continue to accumulate and support the stock. My focus is the business activities for now not the stock trading.
We may find out one day his strategy worked perfectly, when The company refocus attention on facing ciao strategy. Right what we are seeing is called "business strategy"
GLTA
That is one persons opinion. I don't know what past is rearing its head about proof Verizon is doing business with ECDC or that there is now proof real product being deployed.
We can disagree on how it is funding all of its activities or what others consider dilution but to say it is a scam is now clear to anyone with basics analytic skill that argument is bogus.
What I believe is very simple. No one in his or her right mind will go to the length of building a relationship with Verizon and not have a plan to bring back value to the stock for that reason logical to,you or not is why I will continue to accumulate and support the stock. My focus is the business activities for now not the stock trading.
We may find out one day his strategy worked perfectly, when The company refocus attention on facing ciao strategy. Right what we are seeing is called "business strategy"
GLTA
Lol! You could have been right but you are wrong!
1. Are you saying ECDC has never had revenue. Do you know any other source for that revenue other than Earthsearch? Last I checked it has reported revenue since 2010 generated by Earthsearch. BOOM! Yes I was right Earthsearch has had revenue.
2. I am sorry but I was responding to one of those false allegations that ECDC as we know it today has done several reverse and it was false. I don't consider a single reverse as a history of reverse. That would be posting false statement and misleading people.
3. This is 2 part answer.
A. No, ECDC pulled out because RP technology was going to be obsolete. Do you know anyone using the technology? I think ECDC was smart pulling out. Who knows what else they found after buying it? A lot of things look pretty on the outside until you get inside so no need for speculation if you don't have the facts. Finally can you share with us record of ECDC having direct management of RP at any time.
B. unless I am mistaken the press release yesterday stated there is a "Verizon a Partner Agreement" for joint sales and marketing example: Verizon showcased SC at Jerkyll a Island. Verizon sales people selling SC. I it may feel good to want to ignore facts and the obvious but reality is reality. The 2nd agreement is the you are referring to. The devices running on Verizon Network fir which SC must pay a fee. So please note there are 2 agreements. I researched this and there 2 types of agreements . MSA - master services agreement which allow you on the network for a fee.
VPP (Verizon Partner Program) which is a joint sales and marketing agreement. There is a boba fide partnership with Verizon. These are also in the Q
3. First mistake. This is a public company, Kay is not the owner, he is an employee. Second for building 3 technology businesses in just 4 years? Seriously ? He deserve more in my view. Just IMO. I can tell you he is not only a good CEO and intelligent I will say brilliant. If he actually succeeds in getting all 3 running I will change my classification to Genius. If you know anyone who has done same post here.
4. When you post that GA has 159 county what point were you trying to make? That the 10 or more was irrelevant? Hey I was just pointing out the flaw in that argument. So you can see what 10 or more will represent.
GLTA
Let's not forget it was just in 2 days. StudentConnect picked up 10% of the Georgia market in Just 2 days.
Thanks for helping us crystallize the seriousness of the accomplishment. Don't forget the company was already picking up schools before the event. Could we possibly be saying StudentConnect may already have 15-20% of the school transportation business in GA ?
That not including its entrance into KY, LA, SC, TX, SC, AR. Man are we joking here. Only thing this company is missing to be one of the fastest growing small business in NA is money.
Can anyone please tell me why ECDC stock is trading at triple zero? This is insane. Market makers are sleeping on this company.
I will be loading everyday.
ECDC took one step back to take 10 steps forward.
Until now revenue was from a Earthsearch only. It decided to slow it down and shift resources to its other more promising (IMO) divisions makes sense to me. That's why we are now today talking about StudentConnect. Will make more money in one year than Earthsearch could have done in 3 years. The move makes sense to me.
By the way on a side note. What is this thing about ECDC has a history of reverse .
Let's clarify some facts.
A new ECDC was created in 2010 when Kay acquired it, it went from entertainments construction company to a technology company. Read the Q's.
There has been just one reverse. No history of reverse here.
To build 3 technology companies in just 4 years and get a partnership with the largest wireless carrier in the world is not a easy accomplishment. Tip your hats people to one of the up and coming geniuses of our time
I think this CEO earned his salary plus more and he has not done it in a way to hurt the company. He take stock and are restricted. He definitely show confidence in the business he is building or he will not be piling up,stocks
I am joining the piling up
I love this play Go ECDC GLTA
Hello ECDC peeps. Lots going on.
StudentConnect is blowing up all over the country. Big news coming for Vir2o. EarthSearch breathing new life. You can't stop this baby if you put up a 1000ft sunami.
There was a time to raise money for development
There was a time to raise money to commercialize
Now is the time to make money. 4th Q 2014 History will be written. School will be running on SC and we will see revenue
Vir2o will launch with content and we will see the beginning of a new social media
Earthsearch will spread its wings
ECDC will be becomes $100ml company. Do your own DD the writing is on the wall.
Say what you wish we will all be witness to this monster.
Like any game or contest , to win you have to meet the requirement so before answering your question did you know what was required to win? Do you have any evidence someone met the requirement of 100 votes?
Your point is based on false premise,
Pay freeze my a.., if I am working 18'hours a day 7 days a week to build 3 businesses, I am not. Making no sacrifice for nobody. I don't own the business I will be a shareholder like anybody else and expect to get full pay period!!
Is that not the American way? Is this charity? There is no doubt the 99% has never understood the concept of building something so I can understand the desire for overnight return
According to Kay nobody should expect any magic until after school starts and we will see corporate actions combined with revenue to turn the pps around until then he is simply focused on business activities. He want to have both Vir2o and StudentConnect running full speed in the 4th Q.
His goal is to have Vir2o be the only social media platform compared to FB and to give it appropriate valuation. He feels StudentConnect will dominate school transportation technology space in less than 1 year. They are now planning to move to the East Coast. That's when WallStreet will get involved in the valuation of the company.
WallStreet will be one of its primary target for advertisers for NY! Boston, NJ and Conn.
Imagine these guys using vir2o to monitor their children imagine the valuation for ECDC. I did not know SC does other things like monitor class attendance, parental participation in students home work. He describe to me how the app can tell if a parent opened the notification that a homework assignment has been posted online. The system can combine this parent action with attendance record and grade to guide schools about at risk student. I was blown away.
This guy is smart and very strategic, Now I know how he has been able to build 3 technology companies for just $22ml. Criticize all you want I saw real business in the works.
One thing Kay said to me that blew my mind and why I said the guy was a genius was when he asked me how many social media platforms are on the market. I started saying Instagram, Twitter and he stopped me, he said No, there is only one. Facebook! Everything else is a messaging app.
That's why everyday there is a new one, with each coming up with a new way to message someone else and that swhy none can sustain user like Facebook. Facebook weakness is lack of content to create serious revenue model. This is why he created Vir2o, he saw the opportunity, Vir2o is designed behind a revenue model.
Then I realized how correct he was, everything else is an app but Facebook. He said anyone with a great idea can build an app in 90 days. Building. Sustainable business is a different story. He said he will build the next sustainable social media site next to Facebook.
I believe him
The way I see it insiders hold preferred shares so they don't loose the company to toxic funding. The only way anyone will do that is because they believe in the ultimate outcome. Why else would they want to hold on to control a failing business. Your argument defeat itself.
First the valuation has not caught up with the business growth, that's all there is to all these crazy talk. We have seen the business strategy unfold now we need to see the financial strategy.
Secondly the large float and A/S make sense to me. They used it to build the business. We can all now see what was built, now let's talk about how investors can make money.
1. ECDC should wait till it has revenue to sustain new price that is achieve through a reverse. I say reverse to get back to pennies then move it up from there with revenue.
2. Wait till next year with strong revenue and do buy backs
3. Raise private equity and buy out ECDC and take it private
4. Spin off the successful divisions into their own public entities (I believe Vir2o is going to surprise us all just like StudentConnect) and make investors very very rich.
5. Get both StudentConnect and Vir2o running with solid revenue bring in a reputable WallStreet firm to do serious valuation and put out research report and we will never see this baby in the penny market again.
Some of us forget we a re getting 3 for the price of one. This company is undervalued. These are the financial strategies that can be used to bring the pps to match the business success we are seeing. If you sell off now you don't know what you are giving up
my StudentConnect shirt
My trip was not in vain here is my shirt. Lol, I am balling in it.
If that does not get you look at the update to StudentConnect website
http://studentconnect.us/works/
http://dev.scaap-ad.com/index.php?/about/learn
This is a well thought out business. Now they need to turn their attention to the stock and we will all be running to the bank