East Coast Diversified Corp (fka ECDC)

[randymarsh]

In my opinion, This student connect news is just a ploy to create buzz so the toxic finance dudes will continue buying discounted shares.

We know that Kay has done this type of thing in the past. Example: Rogue Paper... Kay made an agreement to acquire Rogue Paper, then issued countless news releases to attach the ECDC name to a real business. In the end, the acquisition did not happen because ECDC had no money to pay for it.

Even if they have an agreement to install student connect, they will not execute it. The filings show that ECDC has no money. Filings also show that their checks don't clear the bank, hence the more than $50,000 in bounced check fees this year.

Also, I read the terms of the latest contest for vir2o. I see plenty of ways for the company to avoid producing the prize. Not that anyone actually believed the contest was for real anyway.