East Coast Diversified Corp (fka ECDC)

[mug2011]

One of the best things about this quick run is the company didn't have time to give more shares out at lower prices. Iron got 47 mil at about .004. That only covered about 200k of the million we owe. Now it only takes 80 million more shares to cover the rest. Preferred shares kick in at around .0135 and it takes about another 100 million to get that. That is around 200 million at most dilution to get that money when just a few days ago it looked like it could be 500 million. If we end the 2nd quarter with under 700 million shares we are lookin very good. Less shares equals much higher prices to come. If revenues are as advertised we are looking very good here. Good luck.