FFF stop blowing smoke when you know the financial for a R&D company always look like crap until it start making money. Just because we never got to see FB or twitter does not it mean would have looked any better than ECDC. Most of these companies have incredible amount of debt on the books in the several hundred millions. If it succeed with its commercial strategy ECDC will be the first social media platform that is debt free within the first year of commercial business its debt is incredibly low at $4ml.
The financial is the last bastion of defense for the naysayers and I am now diving into it to debunk that too.
RJ5 who are you researching social media or web sites, there are many facts you must consider for a site to come to us with your conclusion. Are they exclusively earning ad revenue off each user or they have other revenue driven content like Facebook and vir2o.
As I am typing this response I realized , wow! that's just one division I have not even considered StudentConnect and EarthSearch revenue. Why the heck am I even thinking of share price at this stage. Share price will adjust itself in 2014 sooner rather than later. Like someone just posted, FFF did you even consider what an acquisition could do to the stock price? Did Microsoft not buy a huge money loosing debt ridden skype for $1bl? I am sure the stock was not an issue, it looked strictly at the BUSINESS
Business analysis people that's whats most important now not stock unless you are flipper. The company is evolving right in front of our eye and all some people want to talk about is stock oh! my! my!
what most of you also have not considered is this, if someone came and purchased StudentConnect today and pay say .50cent per share, not only will most shareholders have made money they wills still be holding the same amount of shares in the other 2 divisions and with share price appreciation. wow!
Your investment is in 3 companies not 1
GLTA!! GO ECDC!!
