Don't get me wrong, I appreciate your opinion. Some of the things you've said or been saying has made me investigated the company (EarthSearch not ECDC) and the CEO himself, including his former businesses and his colleagues, including Joe Kozak, etc.
If the company's intention was to make people believe they are trying to build a successful business by luring them to buy the stock, I would have known and not invest in future potentials.
In the past few weeks, I took my anger on the CEO like many others here, for not releasing a PR since the announcement of the 258% Year To Date revenue growth back in August this year. At one point in time I even went ahead to beg him to release one single PR (so that I can dump shares) about one or two deals the company is working on but he refused. His reason was that he doesn't condone in pumping the PPS, but when time is right a PR will be released and it may or may not impact the share price.
I don't want you having the impression that I was or I'm mad at you, I apologize if that's the case...but I have so much foresight on the company to allow anyone to be criticizing.
The increase in A/S currently benefits the company and not shareholders, but that is understandable. What the company is working to build at the moment will justify the share price in the very near future.
Anyone buying this stock should do their research on the CEO, his former company Planetlink Communications (which he sold), including BBN&K (not sure if I pronounced that one right).
While conducting your research on ECDC, EarthSearch, or the CEO, mind you that Kay did not acquire ECDC until December of 2009. So any other research on ECDC prior to that date is irrelevant.
Additionally, we all know EarthSearch is already profitable, and RoguePaper already has deal with MTV and VH1 with their app (more apps to come). Remember they now have over 1 million subscribers ready for monetization. What's next in line now is StudentConnect and of course - the highly anticipated Vir2o.
When EarthSearch was the only business of ECDC this stock was trading well, everyone was happy. Now, the company needs capital to develop the new ventures by diluting shares, and we complain because we only care about PPS. This thing takes patience, and time will tell.
