What is it about a development stage company that makes people think they have lost money before the game begins.
This company has always said it was in development stage, let whoever wants to play with this do so, if you are a long term investor seat back and relax, Kay has said that more times than I can remember.
This company is developing 4 businesses simultaneously, we should not be surprised if there are people who take advantage of the stock with ups and down that is a normal part of business development. i don't know why that reality is so lost on everyone.
If the company is issuing stock at a discount and there people selling cheap, if you believe in the company buy it. Because the same stock they bought at .0009 according to the writer and sold at .0024 may someday be worth .20 or more. What will you say then? what if the discounted stock was used to build a WETWINDS that becomes extremely successful? has that crossed your mind. If you are not a long, it makes sense to get out as it might get even more brutal before it gets better as there are those who thrive on the negative side of things dominating right now.
I think they would have lost more than the guy that bought it at .0024. the question is whether you believe in the company or what it is doing. the challenge we have posed to writer over and over again is to show us any other penny stock in all of his years of trading that has done anything similar to what ECDC is embarking upon. 4 divisions in cutting edge space under development at same time?
The answer will be a resounding NONE
FKA thank you for making my point for me. let me repeat myself "What is it about a development stage Company that people don't understand"?
your rhetorical questions are simply speculation not based on any facts. Neither you nor I know if anyone has tried to buy the company, what they offered and who refuse or rejected what? Secondly is it not rue that most of the divisions are fairly new?
RP -acquired 4th Q 2011
StudentConnect/WetWinds started 1st Q 2012
Really? why ? can they be allowed to finish the development work?
Once again it goes to demonstrate why some the comments are onthis page considered bashing
