SOURCE: East Coast Diversified Corp.
MARIETTA, GA--(Marketwired - Feb 24, 2014) - East Coast Diversified Corporation (OTCQB: ECDC), today published an open letter to shareholders through its Chairman and CEO regarding the company's business and operation.
The letter discusses the history of the company since transforming from an entertainment construction company to a technology company four (4) years ago. The letter disclosed details of its plan to commercialize its new diversified business portfolio starting 2014.
"Since acquiring ECDC just four (4) years ago and under current management, we have transformed the company from a shell corporation to a core technology company with a diversified business portfolio," said Kayode Aladesuyi, ECDC Chairman
For a full text of the letter can be found at: http://www.eastcoastdiversified.com/ceo-letter-1.html
About East Coast Diversified Corporation (OTCQB: ECDC) - ECDC is a holding corporation with a diversified group of technology companies. Its business portfolio includes companies offering technology for logistics and asset management, school transportation safety and social media applications.
For more information on East Coast Diversified and its group of companies, please visit: www.eastcoastdiversified.com
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.