MYEC Discussion Topics 11/14/2014 17:29:55 $MYEC
Slim possibility. Definitely wouldn't hurt. I think a share retirement/reverse split is more likely than seeing substantial organic growth in the next two to three Qs. They secured $5MM in financing which should be enough to operate the business for about 5-6 years maybe longer. We've gotta see some improvements in Q1 or Q2 or I don't see us maintaining a price above a penny.
"What debt?" - Ed
Remember as the stock price goes lower (yes, there will be a few up days along path lower), MYEC has fewer, if any additional funding options available.....keep in mind they will need to continue at the toxic funding well to remain operational.
It doesn't get any better, so if your part of the student body looking to add to your position- you'll be much better to just stand down. Better yet, let's hope you already sold your shares.
2015 MYEC will trade well below .01
(previous post below)
tbillcoupons Tuesday, 11/04/14 04:06:09 PM
Re: None
Post # of 185306
TCA Fund Management Group is pure toxic financing.
especially with NO FLOOR on the stock when the note is converted into shares. A company does NOT turn to TCA unless they have no other choice. I could get into great detail about toxic nature of the funds but I'm sure you can all figure it out. Take care all the very best.I DO NOT HAVE A POSITION LONG OR SHORT IN MYEC
(BELOW is an example of what happens when a public co turns to toxic financing. One of my post on Yahoo chat board under nameofthegame777 back in April on ITEN. THE STOCK WAS OVER .70 AND IS NOW TRADING AT .001)
ITEN follow the money Asher Enterprises, Inc $$'s toxic financing
ITEN managements willingness to take dollars from Asher should have put the brakes on any additional share purchases by the student body. For all willing to do a little due-diligence go back and follow any and all stocks that take dollars from Asher, especially with NO FLOOR on the stock when the note is converted into shares. The sad thing its almost impossible that current management wasn't aware of the consequences. Still lower to go with ups and downs alone the way, ultimately stock should bottom somewhere below .10
don't own any shares but was asked to look into the stock for someone else when the stock was trading in the high .85 range. Please do yourself a favor and look up all the stocks connected to Asher funding dollars. Keep an eye on the stock price at the time of Asher funds and the stock price over the next 6-10 months. You will not be able to find that I'm aware of, 1 stock who's stock price appreciated 1% from the time they excepted the toxic funds. Most of the time the stocks fell between 85% or more. Sever dilution is what I'm talking about. Asher is very well know in the penny stock area and shouldn't be hard to research. Keep in mind this point: A company does NOT turn to Asher unless they have no other choice. I could get into great detail about toxic nature of the funds but I'm sure you can all figure it out. Take care all the very best
With massive stock promotions
I remember he did this back in June of 2013. Bashing then buying in. Remember vividly...
Like in spongebob all hail whitefish he called it.. I hope the pump nation gets this thing cranking again
The amount of shares Ed owns reduces the float. Whether I like the current pps or not, Ed created the company and got it this far. He deserves to have all the controlling power.
That's a wrong analysis, the A/S doesn't matter, only the float does since that's what's trading.
MYEC ran to .08 from triples with 5 BILLION shares ... just sayin' lol
The company is over 800 thousand in debt with crappy revenue and millions of shares issued, and your still defending the possibility of share retirement?
Since those Audited Financials... MYEC been goin' down
Realistically, with debt conversions, and many shares issued...the O/S will soon max out to 5 billion
That $48K was from TWO customers. LOL
Controlling ownership is based on O/S. He owns 2 billion and we own 2 billion. It's currently 50/50. CEOs of real corporations do not hold 50% of a company's stock.
He's not gonna retire more to risk his ownership percentage...
He needs controlling interest.
With the A/S ALMOST maxed the 5 billion,
And Ed owning 3 billion.
That leaves him at a 60/40 percentage. He won't retire more of his own shares. Ever
Q3 came out and it sucked pretty hard. 48k in revs the last three months, but at least we have audited fins
Wouldn't be concerned at all about the authorization of about 5,555,556 shares at $0.0194/share, pps closed today at 0.0210, 17.25M vol. Whoever got the shares won't sell for a lose not to mention breaking the .02 (one of the strongest supports) won't happen in a day or week.
What happened here today?
No. It's the same thing. He owns myec. He can willingly retire any and all of his shares.
GreenPay Signs Reseller Agreement with Maverick Bankcard "PR Newswire (US)" - 11/5/2014 8:20:00 PM
MyECheck Announces Four New Customers for its Electronic Check Services "Business Wire" - 11/3/2014 4:05:00 PM
TCA Closes $5 MM Line of Credit With MyECheck "Business Wire" - 10/30/2014 9:00:00 AM
MyECheck Files Form 10 for Registration of Securities with SEC "Business Wire" - 10/27/2014 9:00:00 AM
Dad’s Roast Custom Coffee Selects MyECheck to Provide Electronic Check Services "Business Wire" - 10/17/2014 10:43:00 AM
MyECheck Sues Zipmark for Patent Infringement "PR Newswire (US)" - 10/13/2014 9:00:00 AM
Cuallix Selects MyECheck to Load International, Secure Prepaid Cards for Under Banked "PR Newswire (US)" - 10/1/2014 9:18:00 AM
GreenPay Signs Software License Agreement in Nevada and Partners with Leading Marijuana Payments and Banking Services Provider "PR Newswire (US)" - 9/25/2014 9:02:00 AM
MyECheck Updates on Progress of Mobile Payment Apps "PR Newswire (US)" - 9/22/2014 10:15:00 PM
MyECheck Signs St Augustine School Alumni International to Electronic Check Services "PR Newswire (US)" - 9/9/2014 9:01:00 AM
Growth Companies with Deals in Play; STBR, ISNS, MYEC, & WTCG "InvestorsHub NewsWire" - 9/3/2014 1:53:27 PM
MyECheck to Provide Mobile Payment Services to Sionic Mobile "eTeligis" - 9/2/2014 11:55:00 AM
MyECheck Signs Agreement With MonthlyFilterClub.Com "eTeligis" - 8/25/2014 9:00:00 AM
MyECheck Completes Acquisition of GreenPay "eTeligis" - 8/22/2014 9:00:00 AM
MyECheck Enters into Agreements with Giact "eTeligis" - 8/20/2014 9:57:00 AM
NEW CONCEPT LAUNCHES TODAY FOR MICRO-CAP STOCK TRADERS. RECEIVE PAID PRE-PROMO STOCK ALERTS FOR FREE. "InvestorsHub NewsWire" - 8/14/2014 12:28:33 PM
MyECheck Reports Intent to Acquire GreenPay LLC "Marketwired" - 6/13/2014 9:45:00 AM
MyECheck Reports Its Stock Is Now DTC Eligible "Marketwired" - 6/4/2014 10:00:00 AM
MyECheck Appoints Nate Wigle as Vice President of Sales & Marketing "Marketwired" - 5/21/2014 6:45:00 AM
MyECheck Reports $1.3 Million Net Earnings in the First Quarter 2014 "Marketwired" - 5/15/2014 8:27:00 PM
MyECheck Announces Additions to Senior Management and Board of Directors "Marketwired" - 4/10/2014 1:45:00 PM
MyECheck to Provide Fully Electronic Check Services to VX Gateway "Marketwired" - 4/4/2014 11:33:00 AM
MyECheck to Provide Fully Electronic Check Services to the iCard1 Network "Marketwired" - 4/2/2014 11:48:00 AM
MyECheck Reports 2013 Annual Results "Marketwired" - 3/31/2014 9:35:00 PM
Slim possibility. Definitely wouldn't hurt. I think a share retirement/reverse split is more likely than seeing substantial organic growth in the next two to three Qs. They secured $5MM in financing which should be enough to operate the business for about 5-6 years maybe longer. We've gotta see some improvements in Q1 or Q2 or I don't see us maintaining a price above a penny.
"What debt?" - Ed
Remember as the stock price goes lower (yes, there will be a few up days along path lower), MYEC has fewer, if any additional funding options available.....keep in mind they will need to continue at the toxic funding well to remain operational.
It doesn't get any better, so if your part of the student body looking to add to your position- you'll be much better to just stand down. Better yet, let's hope you already sold your shares.
2015 MYEC will trade well below .01
(previous post below)
tbillcoupons Tuesday, 11/04/14 04:06:09 PM
Re: None
Post # of 185306
TCA Fund Management Group is pure toxic financing.
especially with NO FLOOR on the stock when the note is converted into shares. A company does NOT turn to TCA unless they have no other choice. I could get into great detail about toxic nature of the funds but I'm sure you can all figure it out. Take care all the very best.I DO NOT HAVE A POSITION LONG OR SHORT IN MYEC
(BELOW is an example of what happens when a public co turns to toxic financing. One of my post on Yahoo chat board under nameofthegame777 back in April on ITEN. THE STOCK WAS OVER .70 AND IS NOW TRADING AT .001)
ITEN follow the money Asher Enterprises, Inc $$'s toxic financing
ITEN managements willingness to take dollars from Asher should have put the brakes on any additional share purchases by the student body. For all willing to do a little due-diligence go back and follow any and all stocks that take dollars from Asher, especially with NO FLOOR on the stock when the note is converted into shares. The sad thing its almost impossible that current management wasn't aware of the consequences. Still lower to go with ups and downs alone the way, ultimately stock should bottom somewhere below .10
don't own any shares but was asked to look into the stock for someone else when the stock was trading in the high .85 range. Please do yourself a favor and look up all the stocks connected to Asher funding dollars. Keep an eye on the stock price at the time of Asher funds and the stock price over the next 6-10 months. You will not be able to find that I'm aware of, 1 stock who's stock price appreciated 1% from the time they excepted the toxic funds. Most of the time the stocks fell between 85% or more. Sever dilution is what I'm talking about. Asher is very well know in the penny stock area and shouldn't be hard to research. Keep in mind this point: A company does NOT turn to Asher unless they have no other choice. I could get into great detail about toxic nature of the funds but I'm sure you can all figure it out. Take care all the very best
With massive stock promotions
I remember he did this back in June of 2013. Bashing then buying in. Remember vividly...
Like in spongebob all hail whitefish he called it.. I hope the pump nation gets this thing cranking again
The amount of shares Ed owns reduces the float. Whether I like the current pps or not, Ed created the company and got it this far. He deserves to have all the controlling power.
That's a wrong analysis, the A/S doesn't matter, only the float does since that's what's trading.
MYEC ran to .08 from triples with 5 BILLION shares ... just sayin' lol
The company is over 800 thousand in debt with crappy revenue and millions of shares issued, and your still defending the possibility of share retirement?
Since those Audited Financials... MYEC been goin' down
Realistically, with debt conversions, and many shares issued...the O/S will soon max out to 5 billion
That $48K was from TWO customers. LOL
Controlling ownership is based on O/S. He owns 2 billion and we own 2 billion. It's currently 50/50. CEOs of real corporations do not hold 50% of a company's stock.
He's not gonna retire more to risk his ownership percentage...
He needs controlling interest.
With the A/S ALMOST maxed the 5 billion,
And Ed owning 3 billion.
That leaves him at a 60/40 percentage. He won't retire more of his own shares. Ever
Q3 came out and it sucked pretty hard. 48k in revs the last three months, but at least we have audited fins
Wouldn't be concerned at all about the authorization of about 5,555,556 shares at $0.0194/share, pps closed today at 0.0210, 17.25M vol. Whoever got the shares won't sell for a lose not to mention breaking the .02 (one of the strongest supports) won't happen in a day or week.
What happened here today?
No. It's the same thing. He owns myec. He can willingly retire any and all of his shares.
GreenPay Signs Reseller Agreement with Maverick Bankcard "PR Newswire (US)" - 11/5/2014 8:20:00 PM
MyECheck Announces Four New Customers for its Electronic Check Services "Business Wire" - 11/3/2014 4:05:00 PM
TCA Closes $5 MM Line of Credit With MyECheck "Business Wire" - 10/30/2014 9:00:00 AM
MyECheck Files Form 10 for Registration of Securities with SEC "Business Wire" - 10/27/2014 9:00:00 AM
Dad’s Roast Custom Coffee Selects MyECheck to Provide Electronic Check Services "Business Wire" - 10/17/2014 10:43:00 AM
MyECheck Sues Zipmark for Patent Infringement "PR Newswire (US)" - 10/13/2014 9:00:00 AM
Cuallix Selects MyECheck to Load International, Secure Prepaid Cards for Under Banked "PR Newswire (US)" - 10/1/2014 9:18:00 AM
GreenPay Signs Software License Agreement in Nevada and Partners with Leading Marijuana Payments and Banking Services Provider "PR Newswire (US)" - 9/25/2014 9:02:00 AM
MyECheck Updates on Progress of Mobile Payment Apps "PR Newswire (US)" - 9/22/2014 10:15:00 PM
MyECheck Signs St Augustine School Alumni International to Electronic Check Services "PR Newswire (US)" - 9/9/2014 9:01:00 AM
Growth Companies with Deals in Play; STBR, ISNS, MYEC, & WTCG "InvestorsHub NewsWire" - 9/3/2014 1:53:27 PM
MyECheck to Provide Mobile Payment Services to Sionic Mobile "eTeligis" - 9/2/2014 11:55:00 AM
MyECheck Signs Agreement With MonthlyFilterClub.Com "eTeligis" - 8/25/2014 9:00:00 AM
MyECheck Completes Acquisition of GreenPay "eTeligis" - 8/22/2014 9:00:00 AM
MyECheck Enters into Agreements with Giact "eTeligis" - 8/20/2014 9:57:00 AM
NEW CONCEPT LAUNCHES TODAY FOR MICRO-CAP STOCK TRADERS. RECEIVE PAID PRE-PROMO STOCK ALERTS FOR FREE. "InvestorsHub NewsWire" - 8/14/2014 12:28:33 PM
MyECheck Reports Intent to Acquire GreenPay LLC "Marketwired" - 6/13/2014 9:45:00 AM
MyECheck Reports Its Stock Is Now DTC Eligible "Marketwired" - 6/4/2014 10:00:00 AM
MyECheck Appoints Nate Wigle as Vice President of Sales & Marketing "Marketwired" - 5/21/2014 6:45:00 AM
MyECheck Reports $1.3 Million Net Earnings in the First Quarter 2014 "Marketwired" - 5/15/2014 8:27:00 PM
MyECheck Announces Additions to Senior Management and Board of Directors "Marketwired" - 4/10/2014 1:45:00 PM
MyECheck to Provide Fully Electronic Check Services to VX Gateway "Marketwired" - 4/4/2014 11:33:00 AM
MyECheck to Provide Fully Electronic Check Services to the iCard1 Network "Marketwired" - 4/2/2014 11:48:00 AM
MyECheck Reports 2013 Annual Results "Marketwired" - 3/31/2014 9:35:00 PM
