$ECDC VALUATION .10-.12
East Coast Diversified Corp. (ECDC) Issued $0.10 to $0.12 Valuation Target
By: Staff Reporter
(NEW YORK)--Ludlow Capital has initiated research coverage on East Coast Diversified Corp. (OTC:ECDC- Ihub), a developer of RFID and GPS tracking technology, with a new near-term price valuation target of $0.10 to $0.12 per share.
EarthSearch Communications, Inc, a wholly-owned division of ECDC, manages their flagship product, LogiBoxx™, which integrates GPS and RFID at the hardware level. LogiBoxx offers continuous visibility within the Supply Chain, Logistics, and Asset Management and Control industries. Along with its integrated, patent-pending GPS and RFID technologies, EarthSearch also offers a complete line of innovative RFID solutions.
The Company's integration between RFID and GPS technology, with patent pending, makes EarthSearch a unique player in RFID, GPS, and global logistic and tracking industry.
Based on the wide use and need for such tracking technology, and the valuation of others within the sector, we feel in our opinion that a $8 to $10 million valuation for the company to be fair, if not conservative
About EarthSearch Communications
EarthSearch Communications, an ECDC Company, is a US-based business whose flagship product, LogiBoxx™, integrates GPS and RFID at the hardware level. When combined with its proprietary Global Asset Tracking and Identification System (GATIS) middleware, LogiBoxx and GATIS become the centerpieces of a LogiBoxx Certified Solution. An unprecedented business decision-making tool, a LogiBoxx Certified Solution offers continuous visibility within the Supply Chain, Logistics, and Asset Management and Control industries. Along with its integrated, patent-pending GPS and RFID technologies, EarthSearch also offers a complete line of innovative RFID solutions. Its expertise with GPS and RFID technologies, combined with exceptional support and service facilities, distinguishes EarthSearch as a leading manufacturer and supplier of real-time location solutions in the marketplace. For more information on EarthSearch, visit www.earthsearch.us
