Investors doing DD on MYEC can consider the following public sources in their research.
Investors can go to: (1) the Douglas County tax assessor website to find evidence of real estate owned by the company in Nevada, (2) they can go to the Hawaii website to view public documents pertaining to a property in Hawaii, and (3)they can go to the El Dorado tax assessor website to see the documents related to the ownership of property there. All of these are properties owned by the company that are not reflected in the financials, the CEO denied existed, then later the CEO claimed were to be transferred to a company shareholder Sierra Global...none of which is true. Greenpay is a wholly owned LLC of MYEC.
Investors can go to the OTC trading page to see the Stop sign
Investors can go to EDGAR to see financials have not been filed for a year and the company lost over $5,000,000 for the last year they were filled.
Investors can go to the company FB page to see the CEO admit cash flow is so poor they cannot pay their accounting bills.
Investors can go to the US patent office website to see the patent has expired.
Investors can go to the MJ-Pay website to see there is no operating application that was promised years ago
Investors can try to find anyone on earth using the Myec app, but will not find anyone
Investors can browse past PRs about all of the new customers that never materialized
Investors can see the judgements against the company in the SEC fillings and other available court documents
Investors can see MYEC was unable to pay their legal bills by going to the Sacramento Superior Court website.
What you won't find -
You won't find evidence of a MYEC product in actual use
You will not find any button on any website that says "pay using MYEC"
You will not find any business dealings of Sierra Global, the now expired entity that is allegedly a customer, shareholder, holder of a MYEC license, and formed Greenpay later "purchased" by MYEC.
You will not find any proof Matt Hansen exists as Sierra Global's owner/CEO
You will not find MYEC being used by VXGateway, monthly filter club, Dad's roast coffee, Sionic mobile...but you will find the CEO said the company was weeks away from all of these being active
You will not find any actual sales/business conducted by Myec
You will not find any app or business conducted by Greenpay
But if you want to see a picture of Ed beat up...that you can find on Ihub.
Do not buy or sell any stock based on anything I post. Do not consider any of my posts financial advice. Posts from me are just my opinion regardless if I state it or not in my posts.
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