Replies to post #4315 on East Coast Diversified Corp (fka ECDC)

[Confuscious]

"On January 8, 2011, the Company issued 32,857,143 shares of common stock in the conversion of $230,000 of salaries payable to Mr. Kayode Aladesuyi, the Company’s Chairman and Chief Executive Officer". (Do you read the phrase: "Salaries payable", the guy did nto even draw the salary) Which technically means this guy worked for nothing.