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Re: The_Free_Nebula post# 187614

Saturday, 11/22/2014 6:06:21 PM

Saturday, November 22, 2014 6:06:21 PM

Post# of 298910
Completely disagree that it's a bloated floater!

For example, Mastercard Inc has 1.11B shares, 97.53B market cap, $84.72/share.

Of course, MYEC doesn't have a fraction of Mastercard's clients. But they are working hard week after week to add new clients. The progress they are making is great as they sign small to medium businesses and soon will have big businesses too.

MYEC's share structure is 4 times that of Mastercard. But did you notice its pps of $84.72. If MYEC's maintains its share structure and let's assume it has the same number of clients, MYEC's pps should be at $84.72/4 = $21.18/share.

Of course that isn't likely to happen in a year or two but with the hard work MYEC is showing every week, this is the destination if the current share structure is maintained.
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