East Coast Diversified Corp (fka ECDC)

[Confuscious]

Here it is, Pure facts

http://venturebeat.com/2013/11/04/startup-valuations-soar-to-highest-levels-in-10-years-report/

“We have seen some incredible funding rounds and valuations in 2013 — Uber raised $285 million at a $3.5 billion valuation, Snapchat is rumored to be raising $200 million at a $4 billion valuation, and Pinterest recently secured $225 million at a $3.8 billion valuation.”

“Two of these companies have yet to demonstrate that they can actually make money.”

This proves all the banter on this site is non-sense. Kay is only getting beat up because ECDC is publicly traded. Most technology companies are deeply in the hole before making a dime. For most it takes 5 years or more. This ECDC has been running for 3.5 years only.

As I have stated before a lot of these other company have half billion dollar debt or more before making a dime and nobody say they are bad or scams. It takes money to build a technology company.
Can anyone tell me how these companies got their jaw dropping valuations????

ECDC is "Boxed In”, the news and the product are too good. It is now hunted by the way it raised the money to build the company. All the shouts about scam is garbage. The problem is, he raised money from scum bags.

If I was him I will default on their f'upd loans or demand to restucture the loans, take care of my shareholders and tell them to sue me. Give the stock a breather. What this guy has developed is just too good. Someone need to advise him on how to get out of this situation. It will have to fight to break the choke hold from the Southridge, Ironridge and Asher Enterprise. The reverse was a mistake; it should have waited till now, when it has all these news and growth, it was done too early.

The chill is killing retail buying, that's why its struggling to break out, all the trades we are seeing are MM killing this thing. It is a good company and I am sticking with it.

GO ECDC!!