East Coast Diversified Corp (fka ECDC)

[Confuscious]

Kayode Aladesuyi is a genius in the making

All you have to do is look at the numbers in this news article. Compared to what he has built for the lousy $20ml he has raised I am impressed. Granted he only raised toxic money, but he is in Atlanta not silicon Valley. The share value will adjust in time if we allow it to get going.

"But for the sake of putting the monstrous amount of money into perspective, here are a few figures to chew on: Facebook, which received its first investment in June 2004, operated for a full six years before surpassing the $500 million mark in June 2010. Twitter, created in 2006, managed to get by with only $360.17 million in total funding until a $400 million boost in 2011. Instagram ginned up just $57.5 million in funding before Facebook bought it for (a staggering) $1 billion last year. And LinkedIn and Spotify, meanwhile, have only raised, respectively, $200 million and $288 million."

ECDC does not have $20ml in debt, ECDC has raised and invested $20ml and has less than $4ml in debt. That's what it is in a nutshell, it can be spinned anyway we want, but those are the facts and numbers.

If he succeed it will be biggest return on investment people have ever see in the technology space in a long time. All of these businesses took 5 years or more with a lot more money to accomplish their goals. Kay has been running ECDC for just 3.5 years (developing 3 divisions, 2 of which are looking very promising right now). Talk about serious research, there you have it. It also explain why some people keep giving him money. Q's and K's show not all money raised is toxic there are private investors putting money in.

Facebook raised $500mlbefore it started making money, Twitter raised $740ml before making money both more than 5 years of development before generating any revenue of significance. We want to hang this guy to a pole only after 3.5 years and a lousy $20ml. Which in technology space is a drop in the bucket. Something I have stated many times on this board. Avg tech company need 5 years to get going.

Only time will tell. To see full article go to: http://www.digitaltrends.com/opinion/obamacare-healthcare-gov-website-cost/


GLTA! I am sticking with this one

Go ECDC!