East Coast Diversified Corp (fka ECDC)

[fish4food]

Don't post much but read a lot and found this on lowtrade's board on his thoughts which looks good for ECDC

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75574282

Pat; ECDC up date

Did some farther research on ECDC's possible future. Looks positive for the near term future.



http://ih.advfn.com/p.php?pid=nmona&article=52104044
April 20

Huge stock shift equal to 10% of OS
Ironridge Global IV, Ltd.

Quote:
shares of common stock beneficially owned by IV, and by Ironridge Global Partners, LLC (“IGP”) and IGP’s managing members Brendan T. O’Neil, Richard H. Kreger, John C. Kirkland and Keith Coulston with respect to the shares that may be obtained by IV.


VC Debit restructuring;
On April 20, 2012, IV and the issuer settled $1,079,990.98 in accounts payable of the issuer owned by IV, in exchange for unregistered shares of common stock of the issuer. aggregate value equal to the sum of $1,108,344.86, divided by 65% of the following: the volume weighted average. 49,700,000 shares issued to IV would represent approximately 9.99% of the outstanding common stock after such issuance
In addition, IV entered into a Stock Purchase Agreement with the issuer on April 20, 2012, to purchase an aggregate of up to 1,500 shares of Series B Convertible Preferred Stock in exchange for cash in the amount of $1,000.00 per share. The preferred shares will be convertible into shares of common stock, and dividends including a make whole may be paid in shares of common stock, based on the terms of the preferred. IV may not convert any preferred shares that would result in the reporting persons collectively owning more than 9.99% of the total number of shares of common stock outstanding.

http://ih.advfn.com/p.php?pid=nmona&article=51176043

Feb 14

Southridge Partners II, LP
We are registering 28,000,000 shares @ .016 of our common stock from 2011 funding deal.
The Equity Credit Agreement with Southridge provides that Southridge is committed to purchase up to $10,000,000 of our common stock

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Thats alot of new shares in the hands of big guys for sale. Note: the 28 mil share registration was at .016 cents. Way high above todays price level. So one could expect this possible Temp job (3month climb) to at least reach that level.

With the Apr 20th debit restructuring (49 mill shares) being sold to there and possible second trench $1 mill funding purchase, to follow on success. With the 28 mill @ .016 to carry the price up after month 3 of this up channel. This is all just guessing at posibilities. Seen in the setup info.

A new chart to follow, when IHUB fixes their picture server.