Replies to post #5797 on East Coast Diversified Corp (fka ECDC)

[chicagodog]

Just curious, say you are right. Why?

What is your point, clearly there are some people here who have not had any knowledge of the history of company I have a feeling they are the ones trying to bring the stock down.

[96011]

So why would they want to bring the stock down? doesn't make sense ...or does it?

[flaflyersfan]

Confuscious, the point is that I was answering someone else's question;

The company has so many debt obligations that even if they made money discounted stock would still be issued. Dilution is rampant thus the daily REG SHO "short" which is a meaningless number covered by the Market Makers electronically at the end of each day. There was a 140,000 Short Position on ECDC as of last report;

Apr 29, 2011 140,000 -52.70 2,786,788 1.00 No No
Mar 31, 2011 250 -94.94 68,613 1.00 No No
Mar 15, 2011 4,943 -13.61 272,181 1.00 No No
Feb 28, 2011 5,722 100.00 262,938 1.00 No No
Nov 30, 2010 0 -100.00 51,457 0.00 No No
Nov 15, 2010 1,350 100.00 60,263 1.00 No No
Oct 29, 2010 0 -100.00 143,486 0.00 No No
Oct 15, 2010 6,938 100.00 451,595 1.00 No No
Sept 30, 2010 0 -100.00 73,221 0.00 No No
Sept 15, 2010 456 714.29 154,998 1.00 No No

http://www.otcmarkets.com/stock/ECDC/short-sales


Also, SEC rules state that an 8-K must be filed within 4 days of a Material Event. How long has the 8-K talk been going on here?

Good luck.