UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________
FORM 8-K
___________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (date of earliest event reported): January 15, 2010
EAST COAST DIVERSIFIED CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Commission file number: 0-50356
| Nevada | 55-0840109 |
| (State of Incorporation) | (I.R.S. Employer Identification No.) |
| 1475 West Cypress Creek Road, Suite 202, Ft. Lauderdale, FL | 33309 |
| (Address of Principal Executive Offices) | (ZIP Code) |
Registrant's Telephone Number, Including Area Code: (786) 777-0808
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
On January 15, 2010, East Coast Diversified Corp. (the "Company") and EarthSearch Communications International, Inc. ("EarthSearch") executed a Share Exchange Agreement (the “Agreement”) pursuant to which the Company agreed to issue 35,000,000 million restricted shares to the shareholders of EarthSearch. The Agreement is subject to closing conditions and the parties expect the closing to take place on or around February 20, 2010. EarthSearch offers a portfolio of GPS devices, RFID interrogators, integrated GPS/RFID technologies and Tag designs. These solutions help businesses worldwide to increase asset management, provide safety and security, increase productivity, and deliver real-time visibility of the supply chain through automation.
Item 9.01 Financial Statements and Exhibits.
(b) The following documents are filed as exhibits to this report on Form 8-K or incorporated by reference herein. Any document incorporated by reference is identified by a parenthetical reference to the SEC filing that included such document.
Exhibit No. | Description |
|---|---|
| 10.1 | Share Exchange Agreement between the Company and Earthsearch Communications International, Inc., filed herewith. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the date indicated.
| /s/ Frank Rovito Frank Rovito Chief Executive Officer Date: January 19, 2010 |
