With another 4 Billion shares on the way, what we need to know is how many of those shares does ECDC management actually intend to sell on the market? If its close 3 Billion plus that will be sold eventually, I think ECDC will hit .0001 for sure. Yesterday, I put an order in to buy a boat load of shares at .0003. I pulled the order today and will wait to see if this massive selling continues. 4 Billion is an awesome number of new shares. Of course, if ECDC is able to successfully to market this Vir20 and other products that ECDC offers, this should increase the pps for ECDC and thus reduce the number of additional shares needed to be sold. What is clear is that ECDC's balance sheet is fairly good when compared to other penny stocks. Thus, this does not appear to be an act of desperation by management but capital formation for future needs of the company. It appears this massive dilution is to raise capital to put on the market ECDC's products. If that is the case, and I think it is, ECDC will pay off well. It will be up to us as the investors to maintain our pro rata portion of common stock in ECDC as the new shares are sold. We desperately need another stockholders meeting to find out what the thinking is by Kayode and the others at management at ECDC. Simply raising the number of AS to another 4 Billion does not end the subject. We need more info about how they plan to these new shares, if at all.
