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Re: Milesblue42 post# 42992

Tuesday, 07/31/2012 9:15:10 AM

Tuesday, July 31, 2012 9:15:10 AM

Post# of 80403
There is NO WAY ECDC will get out of the double zeros with figures like these:
Stockholders' deficit

Preferred stock, $0.001 par value, 50,000,000 and 20,000,000 shares authorized, 13,859,845 and 10,513,813 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively
13,860 21,028
Common stock, $0.001 par value, 950,000,000 and 480,000,000 shares authorized, 558,549,281 and 289,895,481 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively
558,549 289,895
Additional paid-in capital
11,109,110 10,180,384
Accumulated deficit
(13,802,580 ) (13,062,595 )
Total East Coast Diversified stockholders' deficit
(2,121,061 ) (2,571,288 )
Noncontrolling interest
(273,395 ) (258,806 )
Total stockholders' deficit
(2,394,456 ) (2,830,094 )

Total liabilities and stockholders' deficit
$ 2,384,565 $ 2,072,326

ECDC IS IN BAD SHAPE, GROWING CONCERN IS AN UNDERSTATEMENT..

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