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MYEC Discussion 08/30/2014 20:25:38 $MYEC If MYEC

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Post# of 64202
Posted On: 08/30/2014 9:25:38 PM
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Posted By: Jake13
MYEC Discussion 08/30/2014 20:25:38 $MYEC
If MYEC'S bank did not fail in Jan.2010 they would never have even been in the penny stock catagory. They had a long list of clients. 95% of their business went thru that banks database. If you had a savings/checking account, you were fine. Citizen's bank took over. If you had a business contract, you were screwed! Citizen's Bank had no contract with MyEcheck Inc. and no relationship with Ed Starrs, and no liability for First Regional's contract obligations! Anyone remember reading about bank failures left and right making headline news? FDIC insured the $$ in the bank, but if you had a business contract, you were SOL! MYEC was ranked #16 of Sacramento's largest publicly held companies in 2009 by the Sacramento Business Journal! Then tragegy struck when The First RegionalBank in Los Angeles failed in january 2010 WITHOUT PUBLIC NOTICE as stated on the FDIC document. I have a copy. 95% of his transaction volume went thru that bank. That is why Ed Starrs said later "I made a mistake of putting all my eggs in one basket. I learned from that". The bank of Kentucky has 28+ locations and is one of the largest banks in the Cincinnati region! He is in better financial shape than in 2009 due his reduction in debt. THE MAN LOST EVERYTHING AND REBUILT!! That is the only reason this stock is anywhere near this price. That is why we are excited and confident as it has already see the basement and is going back to where it should have been all along. In the dollars! Ed Starrs stated he was embarrassed that his once thriving company was in the pennies at all, but what could he do! My hats off to anyone that overcomes tragedy and persevers as it is an inspiration to all! :^)




Installing a new server? I received that screen for a few minutes late last week. At that time, the indication was a new installation.


MYEC Stock Message Board http://investorshangout.com/Myecheck-Inc-MYEC-64605/

myecheck page down. showing Apache Test Page
lolzzz great post.
A stock promoter is not a valid source of information regarding SEC/FINRA rules.
Source link please.

http://promotionstocksecrets.com/the-truth-ab...t-selling/
Because you are wrong. There is no shorting of this ticker.
We've had this exchange previously. This is my last post on the topic.

The bi-weekly report and daily reports serve two different purposes. (They are not my quotes BTW.) I provide source links to factual information. I cannot change the work of FINRA/SEC.

LMFAO!!!! The links in post 165937 are worthless to the discussion. Please post links that unequivocally prove the position that this is being shorted.


Thanks for the quick response, it was a great help!
If fast eddie truly has shareholders in mind then a RS would be meaningless or I should say quite beneficial to investors here.

If the thing is not a scam then why is it on pinks in the first place.

However, con-artist running pink scams love to tell shareholders that "There is no R/S in our future".
Source link please.
Read your quote LMFAO

Quote:
Transactions that have shares marked as "short" can very well be an investor selling a short position


ROFLMFAO Yeah that's right. Last week when the ticker increased 10% in one day, the entire tape (according to your link) was short 30%

Makes perfect sense. BAWAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
FINRA reports short sales volume each trade day.

Trades marked short do not equal short sales. FINRA tells you to rely on the biweeklies, not the dailies, for short volume. And what do the biweeklies say about the short interest?
I hear you...Ed doing what I suggest is the real challenge. It shows his real commitment to the future. Besides a rs does not preclude dilution in the future.
Then how is fast eddie supposed to make his millions if he has no more shares to dump?


Those are neat-o links that unfortunately are profoundly non-supportive of the position that this ticker is being shorted.

In other words meaningless to the discussion.

The OTC link is the only site that factors in rules 200 and 203 regarding MM ownership of shares being traded.

http://www.otcmarkets.com/stock/MYEC/short-sales
The real major shareholders here should team up and compell Ed to reverse split this stock to make the SS inline with the growing fundies...

1. R/s 20-1 reduce the a/s to 1 billion ceiling...
2. Release the app if it really exists
3. Release the form 10 audited....
4. Build the rest of the company under the light....

Let the riff raff sell in anger ... Real investors will see the fundies and take up the slack....
"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. Further information can be found at Key Points About Regulation SHO"

http://www.mightymarkets.com/short-volume-lookup

http://www.sec.gov/spotlight/keyregshoissues.htm


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