Replies to post #49399 on East Coast Diversified Corp (fka ECDC)

[jomama454]

If this is the case, It would get very interesting if the O/S comes in less than 1 billion. Example if it came in 500 million less at an avg price of .0005, an entity could have sold back 500 million shares for $250K of which didn;t Mr. Kay hint around about a share buy back?

[elleryqueen]

You may be right about that. I found this statement in the

Instructions for Form 13d, which is similar to 13f.

"State the aggregate number and percentage of the class of securities identified pursuant to Item 1 (which may be
based on the number of securities outstanding as contained in the most recently available filing with the
Commission by the issuer unless the filing person has reason to believe such information is not current)
beneficially owned (identifying those shares which there is a right to acquire) by each person named in Item 2.
The above mentioned information should also be furnished with respect to persons who, together with any of the
persons named in Item 2, comprise a group within the meaning of Section 13(d)(3) of the Act;"

Thus, the last known number of o/s can used on the form. This of course would be the September 2012 number. In any case, we will find out soon enough how many new shares if any have been issued. Thank you for pointing this out to me. Elleryqueen.