East Coast Diversified Corp (fka ECDC)

[PeterGates]

10-Q ECDC generated Revenue

Results of Operations

For the Three Months Ended June 30, 2014 and 2013

Revenues

For the three months ended June 30, 2014, our revenue was $58,300 compared to $18,885 for the same period in 2013, representing an increase of 182%. This increase is attributed to our commencing installations of our StudentConnect products.

Revenues are generated from four separate but related offerings, RFID/GPS product sales, license fees, consulting services, and user fees for GATIS – our advanced web based asset management platform. We generated revenues from product sales of $45,858 and $14,909 for the three months ended June 30, 2014 and 2013, respectively. Revenues for license fees were $5,001 and $-0- for the three months ended June 30, 2014 and 2013. Revenues for consulting services were $-0- and $-0- for the three months ended June 30, 2014 and 2013. User fees were $7,441 and $3,976 for the three months ended June 30, 2014 and 2013, respectively.