Replies to post #46571 on East Coast Diversified Corp (fka ECDC)

[cnote12]

CEO's responsibilities lies with the shareholders. It may not be fair that he takes all the blame, but being he is the leader and the buck stops with him as we look to him for answers not employees. Everything passes through the CEO.

If he can't handle that type of pressure and responsibility he shouldn't be a CEO and resign. His responsibility is to lead and grow the business while answering to shareholders. That is the way it is on the Big Board, but seems to be a little different in pinky land. If Kaye ever wants to up list he better get his s**t together and be ready to bear full responsibility for the operations.

Life as a CEO has its positives and negatives and answering to shareholders though he may not like it but it's his duty. Seems like he wants the cash, but not wanting to deal with the fall outs of his decisions to the PPS.

[cnote12]

Kevo

Who is on the board of directors?

To me it looks like a lot of hand picked cronies of Kaye.

Was the board elected? Ig not why not?

I don't look at the board as responsible due to the fact it is Kaye's people on the board. Will the board out Kaye if they fill he is not performing for the company? Nope, why not you might ask? Because if Kaye leaves ECDC fails and he takes earth search and now wetwinds aka virt2o. So in my opinion the board is a joke and it's Kaye's sole responsibility.

Please correct me if I'm wrong

Thanks

Cnote

[Devil196]

Kevo,

This is just one more example of the falshoods that continue to be posted here. There is no Board of Directors. You have stated this before and have been shot down. They have a board of advisers which is nothing like a Board of Directors. We have all heard many times about Dick Costelo and the Board of Advisors. I am quite sure that Mr. Costelo would not have anything to do with ECDC even if at one time he did have some minor affilitation with Rogue Paper. This is the kind of information that casts a negative light on ECDC.