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Re: Tommy321 post# 42754

Monday, 07/30/2012 9:03:15 AM

Monday, July 30, 2012 9:03:15 AM

Post# of 80403
Will not be a bad idea if you sell today. Unlike other penny stocks chasing smoke, ECDC is building real businesses and companies, accumulating contracts, for the first time has structured a great management team. This "now" mentality is what wrong with our economy, we have no patience with innovators, the time and money required to innovate. It is why other countries are starting to catching up to us.

CEO's are scared to invest in R&D, that's why the only growth area of our technology space is software. Have you seen another Apple? All the consumer electronics are coming from somewhere else. The SEC and GAAP no longer allow capitalization of R&D it has to be expense which mean CEO's like Kay are on the loosing end with shareholders when they put money in R&D.

some people are use that as excuse too destroy a great many companies talking about it's loosing money, of course a company in R&D phase will have increasing losses if it cannot capitalize development cost. Hello?

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