Replies to post #45347 on East Coast Diversified Corp (fka ECDC)

[elleryqueen]

You may be right. But the past record is interesting. In April there were 558M outstanding shares of ECDC stock. Then by May the number jumped to 644M and stayed there until July. So there was little or no dilution from May to July 2012. Then this month the number jumped a lot to 984M. So in one month the increase was fairly substantial. With such a large increase I think he will either stop dilution or slow down a lot the way he did from May to July. The best way to find out is to ask him. Kayode may not answer the question but it does not hurt to ask. In any case, he cannot dilute indefinitely. To be sure dilution is a regular feature for most penny stocks so I can understand a certain amount. The company is in fairly good fiscal condition--for a penny stock that is. I think the worst of the dilution may be over. To go from 644M to 984M in 30 days is a big jump–that is over a 50% increase. I think Kayode is either done or mostly done with dilution. I wish someone who communicates with him would ask him that question. Good luck.

[Northernguy32]

Email Kaye about this. [e-mail]

[Confuscious]

I WILL JUST LIKE YOU DEFINE DILUTION TO ME. BECAUSE DILUTION TO ME MEANS INCREASING SHARES WITHOUT CORRESPONDING INCREASE IN ASSET OR REVENUE.

FOR THE LAST 2 QUARTERS BOTH REVENUE AND BALANCE SHEET HAS GROWN SUBSTANTIALLY WITHOUT EVEN CONSIDERING THE BUSINESSES THAT ARE EVOLVING.

SO WHAT DILUTION ARE YOU TALKING ABOUT. WE ARE NOW LEARNING THAT FB HAS BILLIONS OF SHARES IT ISSUED OT RAISE MONEY TO DEVELOP ITS APPLICATION. IT DID ISSUE THOSE SHARES AS A PRIVATE COMPANY. IF IT WAS PUBLIC EVERYTHING THAT PEOPLE ARE SAYING ABOUT KAY RIGHT NOW IS WHAT THEY WILL BE SAYING ABOUT MARK.

ALL COMPANIES ISSUE SHARES TO FUND GROWTH AND ECDC SHOULD NOT BE HANDICAPPED, IT SHOULD ISSUE AS MUCH SHARES AS NEEDED TO COMPLETE THE DEVELOP OF IT BUSINESS. I HOPE KAY IS NOT EVEN PAYING ATTENTION TO DAY TRADERS WHO HAS NO CLUE ABOUT BUSINESS DEVELOPMENT,