MYEC Discussion Topics 08/23/2014 07:21:13 $MYEC
FYI, Wrong again. Shorting of this stock is taking place (see official OTC website for more information)
Rev DOWN 90% from LAST Q. Pump and dump SCAM.
MYEC Stock Message Board http://investorshangout.com/Myecheck-Inc-MYEC-64605/
Great WEEK MYEC KEEP IT UP!
FYI, Wrong again. No one is starting this POFS.
REVS UP 182,000 from LAST YEAR'S Q
Any information to the contrary is incorrect. LOLzzzzzzz...
REVS DOWN $360,000 from LAST YEAR'S Q
Starrs announced his OWN company as a licensee of MYEC. Starrs owns Sierra Global as seen here:
MYEC Contact Info
MyECheck
6025 Edgehill Drive
El Dorado Hills, CA 95762
Same ADDRESS, Ed's home, as Sierra Global so he sold a license to himself?
Sierra Global LLC is a provider of custom banking software solutions to non-US banks to enable US commerce outside of the US. Itonis Holdings based in southern California is a holding company and distributor of innovative products to the medical and pharmaceutical industry. Itonis will be the first and only payment services with a solution targeting the Medical Marijuana industry in Southern California.
Ed Starrs, MyECheck CEO, stated, "We thank InterPay, Sierra Global and Itonis for selecting MyECheck for their partner in mobile payments. These licensees will receive the industry's most capable mobile payment system, and our unmatched almost 10 years of experience with Check 21 based electronic bank transfers."
http://www.otcmarkets.com/stock/MYEC/news/MyE...93&b=y
Microcap Innovations, MYEC and the SEC
Not good company for MYEC.
And Microcap Innovations LLC is
MAZZARELLA, LAURIE A
2720 SE 2nd St
Pompano Beach, FL 33062
A promoter who has touted Scott Wildings stock frauds in the past
Here is Wilding
SEC Charges Purported Biofuel Company and a Dozen Individuals in Chicago-Based Pump-and-Dump Scheme FOR IMMEDIATE RELEASE
2013-143 Washington D.C., Aug. 1, 2013 — The Securities and Exchange Commission today charged a purported biofuel company in Chicago and a dozen individuals in a pump-and-dump scheme that generated $4.4 million in illicit profits.
The SEC alleges that Bosko R. Gasich, a founder and principal shareholder of Zenergy International caused the company to enter into a reverse merger with a publicly traded shell entity called Paradigm Tactical Products. Using backdated convertible debt, Gasich caused Paradigm to issue 300 million shares of purportedly unrestricted stock to his family and friends, a lawyer who served as transaction counsel, stock promoters, and associates of Paradigm.
The SEC alleges that Gasich and Scott H. Wilding, who is the subject of a prior SEC cease-and-desist order, and several stock touters then conducted two promotional campaigns to generate investor interest in Zenergy. These touters failed to disclose the compensation they received for promoting Zenergy. The touting was accompanied by misleading press releases and financial disclosures that were reviewed and approved by Gasich and Robert J. Luiten, who was Zenergy’s CEO. Diane D. Dalmy, who acted as counsel for the reverse merger, issued opinion letters that improperly concluded that her and others’ shares were unrestricted and freely tradable. As Zenergy’s stock price increased in conjunction with the promotional activity and other misconduct, Gasich and others sold their shares into the public market for illicit profits.
The SEC also today announced a trading suspension in Zenergy stock.
“This case covers a broad range of parties who were involved in various aspects of a pump-and-dump scheme to make illicit profits at the expense of the investing public,” said Timothy L. Warren, Acting Director of the Chicago Regional Office. “These individuals included a complicit CEO, Gasich’s family and friends, a lawyer who issued improper opinion letters, and promoters who touted the stock without disclosing they had something to gain.”
In complaints filed in U.S. District Court for the Northern District of Illinois, the SEC charged Zenergy, Gasich, Luiten, Wilding and his company Skyline Capital, and Dalmy, who live in Chicago, Mobile, Ala., Pembroke Pines, Fla., and Denver respectively. The complaints also charged the following other individuals and their entities:
Gasich Family and Friends
•Diana Bozovic – Niece who lives in Evanston, Ill.
•Javorka L. Gasic – Sister who lives in Evanston, Ill.
•Nenad Jovanovich – Former college roommate and close friend who lives in Chicago.
•Kymberly A. Nelson – Formerly engaged to Gasich and shared a residence with him during the scheme.
Promoters and Touters
•Dale J. Baeten of Brillion, Wisc.
•Charles C. Bennett of Gainesville, Ga.
•George E. Bowker III of New Milford, N.J.
•Ronald Martino of Cranston, R.I.
The SEC’s complaints allege that Zenergy, Gasich, Baeten, Bennett, Bozovic, Dalmy, Gasic, Jovanovich, Nelson, Wilding, and entities associated with them violated Sections 5(a) and 5(c) of the Securities Act of 1933. The complaints allege that Baeten, Bennett, Bowker, and Martino violated Section 17(b) of the Securities Act, and Wilding violated an SEC cease-and-desist order previously issued against him. The SEC further alleges that Zenergy violated Section 17(a) of the Securities Act and Section 10(b) of the Securities Exchange Act of 1934, and that Gasich and Luiten also violated, aided and abetted, or are liable as control persons for Zenergy’s violations of these provisions. The SEC’s complaint names Market Ideas and Vertical Group Holdings as relief defendants.
Agreeing to settle the SEC’s charges are Baeten, Bennett, Bowker, Bozovic, Gasic, Jovanovich, Nelson, and their associated entities. Without admitting or denying the allegations, they agreed to penny stock bars, permanent injunctions from further violations of the charged provisions of the securities laws, and monetary relief.
Gasich agreed to a partial settlement that imposes disgorgement and penalties, a penny stock bar, an officer-and-director bar, and a permanent injunction from further violations of the charged provisions of the securities laws. He neither admits nor denies the allegations. Amounts of disgorgement and prejudgment interest to be paid jointly and severally by Gasich and his company Market Ideas as well as financial penalties are to be determined by the court.
The SEC’s case continues against Zenergy, Dalmy, Luiten, Martino, and Wilding. The SEC is seeking penny stock bars, disgorgement and prejudgment interest, financial penalties, and permanent injunctions, as well as an officer-and-director bar against Luiten.
The SEC’s investigation was conducted by Kathryn A. Pyszka, Paul M. G. Helms, and Timothy T. Tatman in the Chicago Regional Office. The SEC’s litigation will be led by Daniel J. Hayes and John E. Birkenheier.
###
I don't think this is junk. We are just getting started!
Why this GARBAGE is NOT shorted.
No since it has NOTHING to do with shorting but rather how MMs report sales they don't have on hand it means nothing. LOLzzzzzz. It costs $150 in fees to short $10 worth of stock for a return of pennies THAT'S why nobody shorts OTC stocks. When shorts are being blamed you can count on the stock being FINISHED.
Junk like MYEC MMs would not have on hand THUS reported as short.
Reference Post 163590 - Intent to short MYEC on Friday.
The FINRA info is 100% correct
Daily Short Sale Trade Data FYI
Here is a blurb for people who need to better understand daily short sale volume as reported by FINRA (http://regsho.finra.org/regsho-Index.html)
Source: http://www.mightymarkets.com/short-volume-lookup/
"It is highly contested whether or not the daily RegSHO reports that a security has been "shorted", as having a short position, or if it is just a type of reporting requirement for market making activities. It is both.
Transactions that have shares marked as "short" can very well be an investor selling a short position or a market maker allocating shares in order to provide liquidity but not in their possession. The Division of Market Regulations of the SEC has an exhaustive, yet technical, overview of what RegSHO provides.
http://www.sec.gov/spotlight/keyregshoissues.htm
POFS...
$$MYEC$$
That would be an oxymoron.
And incorrect.
About the second part anyway.
Nailed it on that POFS observation. Kudos.
MYEC is that POFS that will make all of us longs very RICH. This will be the #1 stock for years to come.
Technicals for this dilutive POFS? LMFAO
All the other technicals look good. Green pay merge. Poised to bounce
That would be a DEATH CROSS. DD is a wonderful thing.
The context it is being used to suggest the insane percentage of transactions are either the open or close of a short position is wrong.
FYI, Wrong again. Shorting of this stock is taking place (see official OTC website for more information)
Rev DOWN 90% from LAST Q. Pump and dump SCAM.
MYEC Stock Message Board http://investorshangout.com/Myecheck-Inc-MYEC-64605/
Great WEEK MYEC KEEP IT UP!
FYI, Wrong again. No one is starting this POFS.
REVS UP 182,000 from LAST YEAR'S Q
Any information to the contrary is incorrect. LOLzzzzzzz...
REVS DOWN $360,000 from LAST YEAR'S Q
Starrs announced his OWN company as a licensee of MYEC. Starrs owns Sierra Global as seen here:
MYEC Contact Info
MyECheck
6025 Edgehill Drive
El Dorado Hills, CA 95762
Same ADDRESS, Ed's home, as Sierra Global so he sold a license to himself?
Sierra Global LLC is a provider of custom banking software solutions to non-US banks to enable US commerce outside of the US. Itonis Holdings based in southern California is a holding company and distributor of innovative products to the medical and pharmaceutical industry. Itonis will be the first and only payment services with a solution targeting the Medical Marijuana industry in Southern California.
Ed Starrs, MyECheck CEO, stated, "We thank InterPay, Sierra Global and Itonis for selecting MyECheck for their partner in mobile payments. These licensees will receive the industry's most capable mobile payment system, and our unmatched almost 10 years of experience with Check 21 based electronic bank transfers."
http://www.otcmarkets.com/stock/MYEC/news/MyE...93&b=y
Microcap Innovations, MYEC and the SEC
Not good company for MYEC.
And Microcap Innovations LLC is
MAZZARELLA, LAURIE A
2720 SE 2nd St
Pompano Beach, FL 33062
A promoter who has touted Scott Wildings stock frauds in the past
Here is Wilding
SEC Charges Purported Biofuel Company and a Dozen Individuals in Chicago-Based Pump-and-Dump Scheme FOR IMMEDIATE RELEASE
2013-143 Washington D.C., Aug. 1, 2013 — The Securities and Exchange Commission today charged a purported biofuel company in Chicago and a dozen individuals in a pump-and-dump scheme that generated $4.4 million in illicit profits.
The SEC alleges that Bosko R. Gasich, a founder and principal shareholder of Zenergy International caused the company to enter into a reverse merger with a publicly traded shell entity called Paradigm Tactical Products. Using backdated convertible debt, Gasich caused Paradigm to issue 300 million shares of purportedly unrestricted stock to his family and friends, a lawyer who served as transaction counsel, stock promoters, and associates of Paradigm.
The SEC alleges that Gasich and Scott H. Wilding, who is the subject of a prior SEC cease-and-desist order, and several stock touters then conducted two promotional campaigns to generate investor interest in Zenergy. These touters failed to disclose the compensation they received for promoting Zenergy. The touting was accompanied by misleading press releases and financial disclosures that were reviewed and approved by Gasich and Robert J. Luiten, who was Zenergy’s CEO. Diane D. Dalmy, who acted as counsel for the reverse merger, issued opinion letters that improperly concluded that her and others’ shares were unrestricted and freely tradable. As Zenergy’s stock price increased in conjunction with the promotional activity and other misconduct, Gasich and others sold their shares into the public market for illicit profits.
The SEC also today announced a trading suspension in Zenergy stock.
“This case covers a broad range of parties who were involved in various aspects of a pump-and-dump scheme to make illicit profits at the expense of the investing public,” said Timothy L. Warren, Acting Director of the Chicago Regional Office. “These individuals included a complicit CEO, Gasich’s family and friends, a lawyer who issued improper opinion letters, and promoters who touted the stock without disclosing they had something to gain.”
In complaints filed in U.S. District Court for the Northern District of Illinois, the SEC charged Zenergy, Gasich, Luiten, Wilding and his company Skyline Capital, and Dalmy, who live in Chicago, Mobile, Ala., Pembroke Pines, Fla., and Denver respectively. The complaints also charged the following other individuals and their entities:
Gasich Family and Friends
•Diana Bozovic – Niece who lives in Evanston, Ill.
•Javorka L. Gasic – Sister who lives in Evanston, Ill.
•Nenad Jovanovich – Former college roommate and close friend who lives in Chicago.
•Kymberly A. Nelson – Formerly engaged to Gasich and shared a residence with him during the scheme.
Promoters and Touters
•Dale J. Baeten of Brillion, Wisc.
•Charles C. Bennett of Gainesville, Ga.
•George E. Bowker III of New Milford, N.J.
•Ronald Martino of Cranston, R.I.
The SEC’s complaints allege that Zenergy, Gasich, Baeten, Bennett, Bozovic, Dalmy, Gasic, Jovanovich, Nelson, Wilding, and entities associated with them violated Sections 5(a) and 5(c) of the Securities Act of 1933. The complaints allege that Baeten, Bennett, Bowker, and Martino violated Section 17(b) of the Securities Act, and Wilding violated an SEC cease-and-desist order previously issued against him. The SEC further alleges that Zenergy violated Section 17(a) of the Securities Act and Section 10(b) of the Securities Exchange Act of 1934, and that Gasich and Luiten also violated, aided and abetted, or are liable as control persons for Zenergy’s violations of these provisions. The SEC’s complaint names Market Ideas and Vertical Group Holdings as relief defendants.
Agreeing to settle the SEC’s charges are Baeten, Bennett, Bowker, Bozovic, Gasic, Jovanovich, Nelson, and their associated entities. Without admitting or denying the allegations, they agreed to penny stock bars, permanent injunctions from further violations of the charged provisions of the securities laws, and monetary relief.
Gasich agreed to a partial settlement that imposes disgorgement and penalties, a penny stock bar, an officer-and-director bar, and a permanent injunction from further violations of the charged provisions of the securities laws. He neither admits nor denies the allegations. Amounts of disgorgement and prejudgment interest to be paid jointly and severally by Gasich and his company Market Ideas as well as financial penalties are to be determined by the court.
The SEC’s case continues against Zenergy, Dalmy, Luiten, Martino, and Wilding. The SEC is seeking penny stock bars, disgorgement and prejudgment interest, financial penalties, and permanent injunctions, as well as an officer-and-director bar against Luiten.
The SEC’s investigation was conducted by Kathryn A. Pyszka, Paul M. G. Helms, and Timothy T. Tatman in the Chicago Regional Office. The SEC’s litigation will be led by Daniel J. Hayes and John E. Birkenheier.
###
I don't think this is junk. We are just getting started!
Why this GARBAGE is NOT shorted.
No since it has NOTHING to do with shorting but rather how MMs report sales they don't have on hand it means nothing. LOLzzzzzz. It costs $150 in fees to short $10 worth of stock for a return of pennies THAT'S why nobody shorts OTC stocks. When shorts are being blamed you can count on the stock being FINISHED.
Junk like MYEC MMs would not have on hand THUS reported as short.
Reference Post 163590 - Intent to short MYEC on Friday.
The FINRA info is 100% correct
Daily Short Sale Trade Data FYI
Here is a blurb for people who need to better understand daily short sale volume as reported by FINRA (http://regsho.finra.org/regsho-Index.html)
Source: http://www.mightymarkets.com/short-volume-lookup/
"It is highly contested whether or not the daily RegSHO reports that a security has been "shorted", as having a short position, or if it is just a type of reporting requirement for market making activities. It is both.
Transactions that have shares marked as "short" can very well be an investor selling a short position or a market maker allocating shares in order to provide liquidity but not in their possession. The Division of Market Regulations of the SEC has an exhaustive, yet technical, overview of what RegSHO provides.
http://www.sec.gov/spotlight/keyregshoissues.htm
POFS...
$$MYEC$$
That would be an oxymoron.
And incorrect.
About the second part anyway.
Nailed it on that POFS observation. Kudos.
MYEC is that POFS that will make all of us longs very RICH. This will be the #1 stock for years to come.
Technicals for this dilutive POFS? LMFAO
All the other technicals look good. Green pay merge. Poised to bounce
That would be a DEATH CROSS. DD is a wonderful thing.
The context it is being used to suggest the insane percentage of transactions are either the open or close of a short position is wrong.
