East Coast Diversified Corp (fka ECDC)

[Confuscious]

My friend we all knew expense is growing, it is hiring, it is developing 2 new divisions, they are hiring developers, they will show up as expenses because SEC reporting no longer allow capitalization of R&D cost.

Showing that revenue is growing is relevant to demonstrate that the organization is succeeding in its efforts even if continued development is causing it to show increasing losses. There will be a point of diminishing expenses when there is a sudden drop in those expenses and revenue growing will shown sudden explosion of profit. Based on the YTD report from last week that will happen in 2013. Some are patient and others are not. The bottom line is revenue is growing. Not many penny stocks can say that.

GLTA