adb2003, what was the share price of ECDC in October when these shares were issued?;
For the period from October 1, 2011 through November 14, 2011, the Company issued 10,527,778 shares of its common stock in private placements for a total of $46,450 ($0.004 per share). For the period from October 1, 2011 through November 14, 2011, the Company issued 32,669,752 shares of its common stock in conversion of loans payable in the amount of $ 132,891.
Those shares were not Southridge shares. The last 10-Q shows defaulted loans, new convertible debentures and loans, and the Southridge Partners new debt that goes through VFIN. There is a reason why ECDC does not reveal current share counts to the investment community.
Good luck.
You never lose on a stock until you sell? Tell that to the "Long" whose $10,000 penny stock "investment" is currently worth 25 bucks.