Why giving consumers control of their credit could be a big opportunity for investors
Giving consumers a second chance at good credit
Integrated lending marketplace
Generous referral program drives powerful growth incentives
IPO investment opportunity for early investors
What investors need to know now
A new path to creditworthiness
These days, good credit is more important than it has ever been. For customers who’ve made mistakes in the past or fallen on hard times, restoring their formerly good credit can be a very long and difficult process. Without access to basic loans and consumer credit, these people’s lives are extremely limited.
ECRID (OTC:ECDD) changes all this, giving consumers a second chance at good credit and access to the loans they need to survive and thrive in their day to day lives.
Learn more about how ECRID helps consumers
A second chance at good credit
That’s exactly what ERID delivers to its growing member base who start out with a perfect 950 ECRID credit score.
Integrated bill pay
Maintaining good credit is made simple with ECRID’s built in bill payment system that features automatic payments and multiple reminders to help members stay current on their bills.
Restoring credit through monthly bills
By linking existing monthly expenses like phone, car payments, rent, and mortgages to the ECRID system, members are in charge of their own credit destiny.
ECRID lending marketplace
With a good ECRID credit score comes access to the company’s built in and curated lending marketplace. Offering loans for housing, vehicles, and more, ECRID members have access to the loans they need.
Solid growth strategy
A business like this is nothing without its customer base, and with its extremely generous referral bonus system, ECRID is well positioned for continued subscriber growth well into the future.
Active IPO for investors
ECRID’s new IPO is active with the goal of raising $20,000,000 for future operations
The credit bureau of the future
That’s what the team at ECRID has set out to create, and by making restoring and maintaining credit as easy as possible, even for customers who need a second chance, we think the company is well positioned to gain serious market share in the years to come.
Building the credit bureau of the future
Good credit is as important as it has ever been, but that doesn’t mean it’s always easy for consumers to maintain or restore. Mistakes, unexpected life circumstances, and even errors on the part of the credit bureaus can create negative credit reporting that takes years to drop off.
Consumers need access to loans for vehicles, housing, and more, and ECRID (OTC:ECDD) is a disruptive fintech company with an ambitious plan to not only revolutionize lending and credit, but to become the top credit bureau of the future.
From “unbanked” to a perfect 950
To many consumers with bad credit, a perfect 950 credit score seems unattainable. Mistakes and missed payments in the past continue to haunt them years later, and they feel like it’s a trap they may never get out of.
For these people, ECRID is a much needed lifesaver. By linking bills of their choice with their ECRID credit report, anyone can obtain a perfect 950 credit score, no matter what mistakes they may have made in the past.
By paying these bills on time each month, ECRID members maintain their perfect score and gain access to the loans they need.
Credit made simple
Missed or late payments are a major contributing factor to bad credit, and with its integrated and automated bill pay system, ECRID helps its members to pay on time or even early each month. Featuring not only automated payments, but helpful payment reminders, ECRID partners with its members to help them maintain their newly restored good credit.
Putting people in charge of their own financial destinies
To use the ECRID credit platform, new members select and upload a minimum of 4 monthly bills such as electric, water, cable bills, etc. Each of these profiles costs $25, and with a minimum of 4 profiles, the customer receives a perfect 950 ECRID score. Existing bad negative credit reporting from the other bureaus is not considered, and as long as the member continues to pay their ECRID-linked bills on time each month, they maintain their perfect credit score.
This novel approach not only helps people with bad credit get back on their feet, but it also moves control over the credit reporting process from the creditors back to the individual. Members select which bills are included in their ECRID credit report, making it as easy as possible for them to maintain their perfect scores.
Loans for people who need them
ECRID is far from just a credit reporting company. The point of good credit is to obtain needed loans at favorable terms, and with ECRID, finding those loans has never been easier.
With a growing selection of ECRID lenders, members can select and apply for the loans they need from lenders who already understand and recognize the ECRID credit score system.
From home loans to cars and more, ECRID aims to become the lending hub its members trust and rely on.
Poised for serious growth
In fintech, user base is everything. Even the best idea isn’t worth much without customers.
This is the real core of ECRID’s growth strategy, and one of the things that makes this company such a unique opportunity for investors. Each ECRID member gets their own referral code that can be shared via social media, email, online, or in person.
For each new member a customer brings onboard to the ECRID platform, the member receives a payment of $75. With no cap on this referral program, the incentive is to refer as many people as possible, and with the obvious benefits ECRID provides, rapid growth of the customer base is all but assured.
IPO opportunity for investors
ECRID is currently raising $20 million through an IPO, and for investors, this means opportunity. The company is still at the early stages of its plan to dominate the future of credit reporting, and it has big plans for continued growth.
The fintech future of credit
A big trend in recent years is putting the power back into the hands of the consumer. This idea has transformed industries from entertainment to investing, and the team at ECRID believes it’s time for credit reporting to receive the same treatment.
The ECRID platform lets members start over from perfect, select their own choice of bills to be included on their report, provides generous referral benefits to members who help the platform grow, and gives consumers access to a growing selection of lending products.
The gatekeepers of the past will have less influence over people’s ability to borrow, and deserving customers will be able to prove their creditworthiness irrespective of past mistakes.
This is obviously great for consumers, but it could be even better for early investors as ECRID establishes itself as a new financial hub for consumers who need a second chance.
The stock is trading low, and based on market trends we think it is possible it won’t stay low forever.
Summary For Investors
ECRID is quickly establishing itself as the dominant player in credit reporting and lending for consumers looking for a second chance.
The company lets members reestablish a perfect credit score from day one and maintain that score through timely bill payments. With a built in bill payment system and lending marketplace, ECRID aims to become the fintech platform of choice for this large and growing market.
The company’s generous referral program provides serious incentives for members to promote the product, pouring gasoline on the fire of growth already driven by the inherent usefulness of the product.
The credit repair market is large and growing, and by combining everything this customer base is looking for in an attractive and easy to use package, ECRID is well positioned to become not only a dominant player, but the top credit reporting bureau of the future.
Smart investors are starting to pay attention, and with the company’s current IPO, this could be the ideal time to beef up a fintech portfolio.
Who are we and what do we do?
We are paid advertisers, also known as stock touts or stock promoters, who disseminate favorable information (the “Information”) about publicly traded companies (the “Profiled Issuers”).
How is the Information published?
We publish the Information on our Website, in newsletters, audio services, live interviews, featured “research” reports, on message boards and in email communications for specific time periods that are agreed upon between us and the Profiled Issuer or third party paying us.
Our publication of the Information is known as a “Campaign”.
Will everyone receive the Information at the same time?
No. The Information may be sent to potential investors at different times that are minutes, hours, days or even weeks apart.
How is a potential investor impacted if he receives the Information later than other investors?
Typically, the trading volume and price of a Profiled Issuer’s securities increases after the Information is provided to the first group of investors. Therefore, the later an investor receives the Information, the more likely it is that he will suffer increased trading losses if he purchases the securities of a Profiled Issuer.
What will happen to the shares that we hold during the Campaign?
We will sell the shares we hold while we tell investors to purchase during the Campaign.
What will happen when the Campaign ends?
Most, if not all, of the Profiled Issuers are penny stocks that are illiquid and whose securities are subject to wide fluctuations in trading price and volume. During the Campaign the trading volume and price of the securities of each Profiled Issuer will likely increase significantly. When the Campaign ends, the volume and price of the Profiled Issuer will likely decrease dramatically. As a result, investors who purchase during the Campaign and hold shares of the Profiled Issuer when the Campaign ends will probably lose most, if not all, of their investment.
Why do we publish only favorable Information?
We only publish favorable information because we are compensated to publish only favorable information.
Why don’t we publish negative Information?
We don’t publish negative information because we are not paid to publish negative information. We are paid to publish only favorable information.
Is the Information complete, accurate, truthful or reliable?
No. The Information is a snapshot that provides only positive information about the Profiled Issuers. The Information consists of only positive content. We do not and will not publish any negative information about the Profiled Issuers; accordingly, investors should consider the Information to be one-sided and not balanced, complete, accurate, truthful or reliable.
What we do not do?
We do not publish negative information about the Profiled Issuers. We do not verify or confirm any portion of the Information. We do not conduct any due diligence, nor do we research any aspect of the Information including the completeness, accuracy, truthfulness or reliability of the Information. We do not review the Profiled Issuers’ financial condition, operations, business model, management or risks involved in the Profiled Issuer’s business or an investment in a Profiled Issuer’s securities.
Where does the Information come from?
The Information is provided to us by the Profiled Issuers and/or the person who hires us. We may also obtain the Information from publicly available sources such as the OTC Markets, Google, NASDAQ, NYSE, the Securities and Exchange Commission’s Edgar database or other available public sources.
If we say we make “stock picks,” are those picks our own?
No, they are not. We are compensated to advertise the securities we are told to advertise.
What will happen if an investor relies on the Information?
If an investor relies on the Information in making an investment decision it is highly probable that the investor will lose most, if not all, of his or her investment. Investors should not rely on the Information to make an investment decision.
Who pays us to publish the Information?
The source of our compensation varies depending upon the particular circumstances of the Campaign. We are compensated by the Profiled Issuers, third party shareholders and other parties related to the Profiled Issuers such as officers and/or directors who will derive a financial or other benefit from an increase in the trading price and/or volume of a Profiled Issuer’s securities.
The nature and amount of compensation we receive for publishing the Information about each Profiled Issuer and our ownership of each Profiled Issuer is set forth below under the heading captioned, “What we are compensated”.
What warranties do we make about the Information?
None. We make no warranty or representation about the Information, including its completeness, accuracy, truthfulness or reliability and we disclaim, expressly and implicitly, all warranties of any kind, including whether the Information is complete, accurate, truthful, or reliable and as such, your use of the Information is at your own risk. The Information is provided as is without limitation.
What we are not.
We are not and do not act in the capacity of any of the following; as such, you should not construe our activities as involving any of the following:
An independent adviser or consultant;
A fortune teller;
An investment adviser or an entity engaging in activities that would be deemed to be providing investment advice that requires registration either at the federal or state level;
A broker-dealer or an individual acting in the capacity of a registered representative or broker;
A stock picker;
A securities trading expert;
A securities researcher or analyst;
A financial planner or one who engages in financial planning;
A provider of stock recommendations;
A provider of advice about buy, sell or hold recommendations as to specific securities; or
An agent offering or securities for sale or soliciting their purchase.
Are risks in this disclaimer the only risks investors should be aware of?
No. There are numerous risks associated with each Profiled Issuer and investors should undertake a full review of each Profiled Issuer with the assistance of their financial, legal, and tax advisers prior to purchasing the securities of any Profiled Issuer.
What conflicts of interest do we have in publishing the Information?
We are not objective or independent and have multiple conflicts of interest. The Profiled Issuers and parties hiring us have conflicts of interest.
What will happen to the shares that we hold during the Campaign?
We will sell the shares we hold while we tell investors to purchase.
Our publication of the Information involves actual and material conflicts of interest including but not limited to the following:
We receive monetary and/or securities compensation in exchange for publishing the (favorable) Information about the Profiled Issuers;
We do not publish any negative information whatsoever about the Profiled Issuers;
We may own a Profiled Issuer’s securities that we acquired from the Profiled Issuer, third parties or from our own open market purchases before, during or after the Campaign and we may sell these securities during the Campaign while publishing the (favorable) information that instructs investors to purchase. Our selling of a Profiled Issuer’s securities will likely cause investors to suffer losses;
A short time after we acquire a Profiled Issuer’s securities, we may publish the (favorable) Information about the Profiled Issuer advising others, including you, to purchase; and while doing so, we may sell the Profiled Issuer’s securities we acquired during our public dissemination of the Information causing us to profit while you suffer a loss;
Parties holding a Profiled Issuer’s securities, including those who engage our services and/or compensate us, will sell their shares of the Profiled Issuer while we are publishing the (favorable) Information.
Who is responsible if an investor relies on the Information?
The investor. We are not responsible or liable for any person’s use of the Information or any success or failure that is directly or indirectly related to such person’s use of the Information because we have specifically stated that the information is not reliable and should not be relied upon for any purpose. We are not responsible for omissions or errors in the Information, and we are not responsible for actions taken by any person who relies upon the Information.
What do we urge potential investors to do?
We urge Investors to conduct their own in-depth investigation of the Profiled Issuers with the assistance of their legal, tax and investment advisers. An investor’s review of the Information should include but not be limited to the Profiled Issuer’s financial condition, operations, management, products or services, trends in the industry and risks that may be material to the profiled Issuer’s business and other information he and his advisers deem material to an investment decision. An investor’s review should include, but not be limited to a review of available public sources and information received directly from the Profiled Issuers or from websites such as Google, OTC Markets, NASDAQ, NYSE, www.sec.gov or other available public sources.
Why is this Disclaimer being provided?
We are providing you with this disclaimer because we are publishing advertisements about penny stocks. Because we are paid to disseminate the Information to the public about securities, we are required by the securities laws including Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 thereunder, and Section 17(b) of the Securities Act of 1933, as amended (the “Securities Act”), to specifically disclose our compensation as well as other important information, This information includes that we may hold, as well as purchase and sell, the securities of a Profiled Issuer before, during and after we publish favorable Information about the Profiled Issuer. We may urge investors to purchase the securities of a Profiled Issuer while we sell our own shares.
The anti-fraud provisions of federal and state securities laws require us to inform you that we may engage in buying and selling of Profiled Issuer’s securities before, during and after the Campaigns.What are other risks that investors should be aware of?
Any investment in the Profiled Issuers involves a high degree of risk and uncertainty. The securities may be subject to extreme volume and price volatility, especially during the Campaigns. Favorable past performance of a Profiled Issuer does not guarantee future results. If you purchase the securities of the Profiled Issuers, you should be prepared to lose your entire investment. Some of the risks involved in purchasing securities of the Profiled Issuers include, but are not limited to the risks stated below.
We do not endorse, independently verify or assert the truthfulness, completeness, accuracy or reliability of the Information. We conduct no due diligence or investigation whatsoever of the Information or the Profiled Issuers and we do not receive any verification from the Profiled Issuer regarding the Information we disseminate.
If we publish any percentage gain of a Profiled Issuer from the previous day close in the Information, it is not and should not be construed as an indication that the future stock price or future operational results will reflect gains or otherwise prove to be advantageous to your investment.
The Information may contain statements asserting that a Profiled Issuer’s stock price has increased over a certain period of time which may reflect an arbitrary period of time, and is not predictive or of any analytical quality; as such, you should not rely upon the (favorable) Information in your analysis of the present or future potential of a Profiled Issuer or its securities.
The Information should not be interpreted in any way, shape, form or manner whatsoever as an indication of the Profiled Issuer’s future stock price or future financial performance.
You may encounter difficulties determining what, if any, portions of the Information are material or non-material, making it all the more imperative that you conduct your own independent investigation of the Profiled Issuer and its securities with the assistance of your legal, tax and financial advisor.
We or other stock promoters may receive free trading shares as compensation or we may acquire such shares in open market transactions before and during the Campaigns, and we may sell the shares we acquire at any time, even during the Campaigns while publishing the Favorable Information. When we sell the shares of the Profiled Issuers that we hold, the price at which investors can sell their shares will dramatically decrease and will likely cause investors to suffer trading losses.
We may sell securities of the Profiled Issuers for less than target prices set forth in the Information, and we may profit by selling our securities during the Campaigns while investors encounter losses.
When we acquire, purchase or sell the securities of the Profiled Issuers, it may (a) cause significant volatility in the Profiled Issuer’s securities; (b) cause temporary but unrealistic increases in volume and price of the Profiled Issuer’s securities; (c) if selling, cause the Profiled Issuer’s stock price to decline dramatically; and (d) permit us to make substantial profits while investors who purchase during the Campaign experience significant losses.
The securities of the Profiled Issuers are high risk, unstable, unpredictable and illiquid which may make it difficult for investors to sell their securities of the Profiled Issuers.
If we are compensated in improperly free trading securities of the Profiled Issuers, either directly or indirectly from persons who claim to be non-affiliates of such Profiled Issuer, we and the Profiled Issuer or third party could be subject to SEC Enforcement Action, including allegations of an illegal distribution in violation of Section 5(a) and 5(c) of the Securities Act.
We may hire third party service providers and stock promoters to electronically disseminate live news regarding the Profiled Issuers, yet we have no control over the content of and do not verify the information that the Profiled Issuers and/or third party service providers publish. These third party service providers are likely compensated for providing positive information about the Issuer and fail to disclose their compensation to you.
If a Profiled Issuer is an SEC reporting company, it could be delinquent (not current) in its periodic reporting obligations (i.e., in its quarterly and annual reports), or if it is an OTC Markets Pink Sheet quoted company, it may be delinquent in its Pink Sheet reporting obligations, which may result in OTC Markets posting a negative legend pertaining to the Profiled Issuer at www.otcmarkets.com, as follows: (i) “Limited Information” for companies with financial reporting problems, economic distress, or that are unwilling to file required reports with the Pink Sheets; (ii) “No Information,” which characterizes companies that are unable or unwilling to provide any disclosure to the public markets, to the SEC or the Pink Sheets; and (iii) “Caveat Emptor,” signifying buyers should be aware that there is a public interest concern associated with a company’s illegal spam campaign, questionable stock promotion, known investigation of a company’s fraudulent activity or its insiders, regulatory suspensions or disruptive corporate actions.
If the Information states that a Profiled Issuer’s securities are consistent with the future economic trends or even if your independent research indicates that, you should be aware that economic trends have their own limitations, including: (a) that economic trends or predictions may be speculative; (b) consumers, producers, investors, borrowers, lenders and government may react in unforeseen ways and be affected by behavioral biases that we are unable to predict; (c) human and social factors may outweigh future economic trends that we state may or will occur; (d) clear cut economic predictions have their limitations in that they do not account for the fundamental uncertainty in economic life, as well as ordinary life; (e) economic trends may be disrupted by sudden jumps, disruptions or other factors that are not accounted for in economic trends analysis; in other words, past or present data predicting future economic trends may become irrelevant in light of new circumstances and situations in which uncertainty becomes reality rather than predicted economic outcome; or (f) if the trend predicted involves a single result, it ignores other scenarios that may be crucial to make a decision in the event of unknown contingencies.
The Information is presented only as a brief snapshot of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities. You should consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.govwww.sec.gov, www.otcmarkets.com or other electronic media, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the OTCMarkets.com; (c) obtaining and reviewing publicly available information contained in commonly known search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.org. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and the OTC Markets and/or have negative legends and designations at otcmarkets.com.
What we were paid to advertise the Profiled Issuers.
The details of our compensation and the period of the Campaign is set forth below.
Name of Issuer & Ticker Symbol - Ecrid, Inc. (ECDD)
Amount & Form of Compensation - $1,230,000 in Restricted Common Stock
Who Paid for the Campaign & Position with Company if any - Ecrid, Inc. (ECDD)
Period of Campaign - 2/17/2022 - 2/17/2023
What securities of the Profiled Issuers do we hold?
The positions we hold of the Profiled Issuer are set forth below. We plan to sell these securities during the Campaign.
Name of Issuer & Ticker Symbol - Ecrid, Inc. (ECDD)
Number of Shares We or our Affiliates Hold - 2,500,000
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