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Thursday, 05/24/2012 8:16:25 AM

Thursday, May 24, 2012 8:16:25 AM

Post# of 80403
ECDC has restructured it's entire business and is currently still in the start-up phase. ECDC recently signed a deal for $500,000/yr minimum in Africa. (Not sure if it is 100% their money or if its only a percentage. We need clarification.) ECDC has produced almost as much revenue as last year in Q1 alone and is on track to continue this pace throughout the year which will put ECDC well over the million dollar mark. Granted the debt has increased as well but ECDC continue's to pay this debt down one way or another. As long as they do not continue to increase their debt load significantly (debt will always exist whether it's to produce or purchase) the debt to income ratio will decrease significantly by the end of year leading to a very successful business. The CEO's strategy is solid from what I can tell. He's in Russia for another deal which will mean some debt but bigger revenues! Most of all, the company cannot exist without the investors. No one wants to invest unless we know we can make money! The CEO always keeps us informed and has yet to lie which, as an investor, gives me the warm and fuzzy no matter where the price sits in the short term. I know where it will be in the long term and so does the CEO. I have good faith that my investment is worth while.

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