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Re: niuyuer post# 12126

Monday, 11/28/2011 10:53:26 PM

Monday, November 28, 2011 10:53:26 PM

Post# of 80403
niuyuer, the next financial report for ECDC will be the 10-K for the fiscal year ending December 31, 2011. It is due 90 days after that date and with a 15-day leeway it should be filed by April 15, 2012 which is the date it came out last year.

For those who cannot see where ECDC is giving away shares at .001; here is a 4th grade math problem.

If ECDC issues 13,188,390 shares of stock for cash and they receive $13,188 for them; how much was each share valued at?

Another math question:

If a person gets 13,000,000 shares of ECDC stock at .001 and they sell them at .008 or .01; how much money do they make on their $13,000 investment?

That is the deal people that like ECDC should try to make with the CEO. Paying retail for this stock from .05 to .005 while others get great deals like that is not a good investment strategy.

Good luck.

Do not lose the rest of your life savings trying to make back the $$$ you lost in penny stocks not being able to sell in the first place.

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