Replies to post #18038 on East Coast Diversified Corp (fka ECDC)

[Northernguy32]

Well said miles blue . Believe me, I don't object to anything you have just said

[JasonM3K]

I agree 100% right on the money! You couldn't have said it any better.

[Milesblue42]

Milesblue42, Kayode/CEO has-destroyed-your-Strong-2012-Arguments.....


Strong Arguments in 2012 have been IMO destroyed by Kayode and some Company Insiders

StudentConnect was supposed to up and running in 2013. Its now 2014 and its need help to run on Verizon's CDMA network

Back in 2012 ECDC had 4 Divisions, its 2014 they only have 3

Back in 2012 ECDC had Rouge Paper, its 2014 Rouge Paper is gone

Please understand per Kay own's recent SEC Filing there is not a shread of evidence that Verizon will pay ECDC a dime for StudentConnec


Below are some of the Strong Argument i had for this company in 2012. I strongly believed that in 2012 rebuilding was taking place and that 2013 would bear the fruit

Its now 2014 and just what did ECDC do in 2013...

In 2014 per SEC Filing there is a disturbingly high number of Defaulted Loans yet Kayode/CEO makes no mention of taking a Pay Freeze

- The CEO Kayode took an over $300,000 dollar salary when there weren't enough funds to do this

- The CEO Kayode did a Reverse Split, but didn't give investors a heads up it was coming until it was read in his SEC Filing


Sure i had high hopes for this company. But it appears as though IMO Kayode and Company insiders appear to run this company t

Its now 2014 and IMO it looks as though Kayode and Company Insiders are looking to buy time from the Market to sell shares IMO.

Its now 2014 and I have armed myself with knowledge about business building, I have been patient, have been strong and now I understand this CEO's and Company Insiders motivation might not be in the external shareholder best interest in my opinion based on SEC Filings, Executive compensation, product availability, Revenue, Share structure, Code of ethics, public statements about shareholders just to name a few


Regards,

Miles......2014

IMO 2013 will be a Milestone for ECDC

2012 is a building year. Once WetWinds and StudentConnect have been up and running for a year and is remotely successfuly...it is very possible to be near a $1 IMO

Also 2013 would be the year the Share Structure would be addressed. Or perhaps even later this year?

ECDC is like the upcoming Avengers. Each Division like the Superheros I believe could be strong enough to stand alone...but together you have something truly Epic

It doesnt matter much if the PPS back then was $80 or not, or what it traded prior to today. IMO after WetWinds is released this is when I believe the turnaround will really begin... ;)

***The ECDC Management Team is different today***

***The ECDC Business Model is different***

***The ECDC Debt is carried over from the past as well from the new Divisions that have been created***


***Back in the Day ECDC didnt have Rouge Paper***

***Please understand that StudentConnect isnt the first time something is offered for free when being paid for by Adverstising....and can be successful****

***Please understand what it takes to grow a business especially a Holding Company like ECDC****


***Please understand what GOOD DEBT (Debt where you have to something to show for it)******

***Please understand that when looking at ECDC filings and seeing numerous names involved with ECDC this is part of building something substantial, something built to last...it will take more than just a few individuals to build a ECDC Legacy***


***Understand that Millions of dollars of ECDC debt or less can be eliminated one or few multimillion dollar deals or nice Rev generation from ONE or more of FOUR ECDC divisions***

****Do your Math that even at 950,000,000 shares A/S that is 237,500,000 per Division***

***Also understand that A/S is not Outstanding*****A/S can be cancelled/retired****

***So what happens if the O/S is over 600 million or more? See line below***

****Please understand that Businesses execute Share Buy Backs and Cancel Shares to improve Share Structure****

Will ECDC become a Monster this time next year? Who knows? But IMO chances are pretty good, the story later this year and next year might be very very different for 'East Coast Diversified Corp Holdings. And that is why I am holding

When confronted with ECDC Fear, ECDC Anxiety and ECDC doubt please arm yourself with knowledge about business building, patience, strength and understanding motivation


Regards,
MilesBlue42