East Coast Diversified Corp (fka ECDC)

[Confuscious]

ECDC that you are referring to went out of business and became a shell. It was purchased in April 2010 by EarthSearch a GPS company. EarthSearch began to rebuild ECDC which we have today. So you are talking about 2 completely different companies and if you look at the prior ECDC it barely traded had over inflated share price that traded couple hundred shares a day probably being manipulated by prior owners.

Between 2010 and today it (in my view accomplished the followings)

1. Rebuilt its GPS operation to what I considered to be a more robust technology integrating GPS & RFID(Time will tell if it will make a difference)

2. It created 2 new subsidiaries:(both of which are showing incredible promise)

Wetwinds - Vir2o, a Social media division

StudentConnect - a School Transportation technology

I am not sure how much money it has actually raised since 2010 but from what I have seen it would be approximately about $4ml.

So for all intent and purposes what the current shareholders of ECDC have gotten for their $4ml investment are 3 very promising businesses for a very meager sum compared to similar operations.

The fight on this board is very simple:

Those who thought they were misled by news releases and therefore the company should go out of business. They also believe they were scammed by the CEO pocketing investors money and there is no real business. They also feel the shares will never have value again These are the loudest ones on the board. They invested in the stock not the business and were looking for quick return on investment

The other group which I am with, feel different:

We feel we purchased shares in a brand new company building product and operation that would take time to deploy and require patience.

We see the glass as half full not half empty and we feel a strong operation with maybe 2 successful division can bring the share back. We don't see fraud or scam as we see the results from the investment (existence of business, product ,technology and now increasing opportunities). We don't subscribe to killing the business and our investment because we are angry at share price or abusing the CEO whose hard work is starting to show result and believe there is more to see.


Technical a fight between people who invested in the stock and people who invested in the business. Simple as that. Objectives are always different