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Can you post a link to Ohio? I am moving there soon and would be interested to read. As far as I know, they are a LONG way away from any legalization, including medicinal.
Thanks
I see a value but it will be interesting to see how it plays out. Maybe I am missing the target market for saying this will be a Billion dollar company.
Most small merchants do not accept check currently. Most check payments tend to be to government entities and online bill pay type. Let's use Wal-Mart, who does accept checks- how much do you think it costs for them to run a check? Less than 1% currently using Telecheck.
Merchants pay lots of fees for cards & rewards cards (people want skymiles and points). Who issues the rewards? Banks- who makes the majority of all credit card fees- Banks to pay for those rewards.
Debit cards arent that expensive FYI- .05% + $.22 per transaction.
2- The 85% figure was provided earlier but does seem too round. To make a payment there has to be something integrated to accept the payment, so yes, there will be some infrastructure cost needed in a face 2 face transaction. Once again, similar to Google Wallet and contactless payments- merchants do not want to pay to accept this technology and are using old equipment. That is where a lot of the fraud happens.
3- Disregarding a company like that is saying "who cares about Apple and the iTunes store, etc" everyone will start using us. Those parnterships are more valuable than you think.
1) Mobile payments are growing as well as debit card payments, online payments, etc. There will need to be a fundamental consumer shift away from credit cards. The value of credit cards is people pay later not now. Curious- do you currently make mobile payments on your smart phone in stores such as Macy's, Wal-Marts, etc?? The technology is there currently. Look at Google Wallet and how it hasnt taken off like they wanted.
2) 85% use quickbooks for accounting- not card processing. About 60% of US payments are all processed using First Data, which suprisingly has not been brought up.
3)First Data also has contracts and partnerships with just about all the major banks except for Chase and a few others. Have over 11K+ relationships, not just bank of kentucky.
Like I said, let's just cool the valuation a little. I do feel $.25 is feasible but it will take a little while. I think MYEC has found a niche within the marijuana industry for payments until further notice
Thanks for the heads up-
I think there are a few major issues that people need to take into consideration before they go crazy with their valuations-
1) what is the charge to business owner to run the app based transaction? I would imagine they need some sort of infrastructure to accept it.
Also, Similar to google wallet and other programs, not many consumers are interested in paying with their phones at this time.
2) Integrated with Quickbooks- need other vendors, their processing is really bad and very high, cumbersome to work with
3) The banks make a ton of money on credit cards and the processing- They will not lose all the funds on this. They won't even issue the safer chip and pin cards like in Europe because they don't want to spend the money. Bank fees will go up- look at the Durbin amendment
I am currently long MYEC but just a couple of things to consider.
Where is the $44 trillion industry number coming from? The entire banking and financial industry that includes loans, mortgages, etc?
Not getting 1%
Maybe we should get a spreadsheet going with the amount of shares people will commit to locking?
LOL- I guess you could consider the PVCL news from a day or two ago semi-related? I do feel comfortable that they will release some sort of news within the next week or 2.
Since January, they have not been one to release multi-news press releases like others. This has had some good organic growth over that timeframe.
In the meantime, do i think multi-pennies will happen? yes
Dollars- not anytime soon
Go TTDZ
The real estate suite is in 102, not 101.
For all we know he probably owns the building or got a good deal on the space.
An office space doesnt need to be large if you have a warehouse for your product. Just because there office is there doesnt limit them to all business there.
If you don't feel comfortable with the purchase, then don't buy. News will come when news is ready, many of these same questions you have asked have been answered many times over.
Go TTDZ
Need to lock your shares- at least at $.025. Wanted to shake the tree and have done a good job so far. When this runs, it runs quick
Great Buying price- purchase the dips, you won't be sorry.
Is this the reason TTDZ ran today? Could we see some more news soon?? Dividends coming
Privileged World Travel Club CEO Discusses Turning Assets Into Revenue Streams
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8:32 AM ET 3/26/14 | Marketwire
Privileged World Travel Club, Inc. (OTCQB: PVCL) essentially shaped its future when it absorbed a $30 million asset in the form of a unique travel technology from Triton Distribution Systems. Stock Market Media Group, a full service research and content development investor relations firm, found this low-float company to be high in potential revenues and spoke to CEO and Chairman Gregory Lykiardopoulos about the many ways this technology can generate revenue streams for his investors.
Lykiardopoulos said, "By absorbing the Triton Reservation Expert technologies, we are now in possession of what appears to be the first major innovation in business to business technology in the travel industry since the 1970's. This will give Privileged World Travel one more source of potential revenue as it starts 2014 poised to gain market share across the US discount travel arena, Chinese tourism and now the global travel industry."
Because of this technology, the company is set to put a number of business models into action with the first being the growth of its Travel Club. The CEO said, "Privileged will be able to manage the International Travel Club more efficiently. We estimate about 150,000 new annual memberships will generate an average of $7.5 million. Additionally, Privileged will book on average $1.5 million a year from 15,000 estimated trips our members will book."
Privileged World Travel can also drive revenue by offering its technology to travel agents and different agencies around the world. Lykiardopoulos explains, "Privileged can provide international travel agents a reservation system in different languages. The company can also add 500 travel agents each month in Asia, South America, Eastern Europe, and Africa for a total of 24,000 agencies per year with average revenues of $1.2 Million." He added, "We can also provide International travel agencies a wholesale warehouse of inventory in hotels, cruises, trains, resorts, vacation packages, local airline inventories, and other travel products at a per booking fee of $1.00 for a total of $5 million annually."
The CEO went on to explain that Privileged World Travel can also provide these international agents with worldwide travel packages in different languages for estimated annual revenues of $3.5 million, and the company can add another $2 million annually by accommodating in-coming tourists to the US from other parts of the world. These revenues are in addition to the $24 million expected annually from a signed deal to bring around 200,000 Chinese tourists to the US over the next 5 years.
About Stock Market Media Group
SMMG is a full service IR firm specializing in Research and Content Development. It offers a platform for corporate stories to unfold through the media with Reports, Interviews and Articles. SMMG is compensated by a third party for its content, and to date, SMMG has received total compensation of $1300, for work related to PVCL. For more information and to read full disclaimers and disclosures: www.stockmarketmediagroup.com/disclaimer.
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I am curious to the significance of April 2nd? Just an arbitrary date or do you think something will have been done by then?
Thanks
When was the 2nd one? I only see the announcement news from the beginning of the month
You sold a lot? You are one of the ringleaders about holding forever, not selling, news today, etc. I guess the hypocrisy is everywhere on ihub and everyone has there own agendas.
I am glad you bought back in after a healthy profit because we all know when the right news comes, we will be much richer. I agree no news in next 2 weeks, many of us will be gone
Glad I got in a bit earlier at .0024 and have held ever since. The board had gotten so bad with talk of a dollar every day, news coming today, MM holding this down, big time money coming in soon, blah blah blah that it was best to walk away.
For us to skyrocket, we do need more volume pouring in. If we get some decent news soon (which we shoukd) we will all be rich
Times are a changing- Ummm okay. If you feel like waiting around on this stock for maybe the next 10 years than be my guest. I think you are fooling yourself if you don't think major companies like Phillip Morris, etc wouldn't join the marketplace if it were legalized nationwide. They have the capital, distribution channel, etc to mass produce.
For now, let's ride out a few small victories and hope we continue to grow over the next year
While we have the ecommerce site, they will only be able to sell in the state where it is produced- Colorado for now. If they attempted to offer anywhere else, they would be breaking Federal interstate commerce laws
BUY BUY BUY!!!!!
I have done my part and added more shares- next week should be very strong with the News that is due based on their previous press release
Thanks Box- i knew you would come through. probably helped it jump later in the day.
You should probably work on getting a seat on their board- dont you own about 10% of the company now? We have been here awhile
If people would slap the ask, this should have no problem moving- Especially the person who said they purchased 5 million shares today (thought i read that on this board).
L2 update? Pic or let us know what stands in front of a nice run
I see 150 people- what happened or what did they do?
Will they help us break .01 soon?
Hahahahahaha-great response, wonderful DD on that one. You have now added a new member mark
Breaking News- Colorado has legalized recreational marijuana. I think TTDZ needs to release that tomorrow morning.
Why do you think there was a huge influx of new investors? Why do you think companies such as TTDZ are moving into this sector?
Let's work on trying to get new long term investors in on this one to help us increase the stock price
Really?? When did that happen??
Colorado is much different than Georgia. Medical Marijuana is not even legal yet and if so I will bet there will be many strings attached. It is much different than California and other liberal states
I just moved from Atlanta and lived there for several years:
Legally taking MJNA pills? I am very curious to hear more about that. Where does she get them from? It is still illegal in the state so I don't see her getting them from CVS or Walgreens.
Anyways- TTDZ is making some good moves. Let's hope the board is made up of several strong members as well as David O.
Define legalized? Recreational Marijuana- only if a lot of other states decide to legalize but still doubtful
Medical Marijuana- yes but with certain restrictions. Highly doubt you will be able to walk up to a store and buy weed to smoke.
The main reason they are considering CBD oil is because a member of congress has a grandchild who suffers from seizures and this is one of the only known cures
Wouldn't it be illegal to sell these products across state lines?
I read in Georgia that they are considering legalizing the CBD oil (passed in the House) to treat seizures but it will have to be grown in state because of federal regulations.
Am I wrong on that?
What will that do?
Locked up my shares at .15-
I feel that it will run for the next couple of days because we still have the management team announcement coming w/ dividend news
Posted on yahoo finance as well:
http://finance.yahoo.com/news/green-cures-inc-announces-acquisition-131500274.html
I know I was here and still am- It is much easier to have 100% gains, the lower the price of the stock as you know. This one can run at any given time because we have seen it time and time again.
Part of the problem was the unrealistic expectations that were created here with everyone becoming instant millionaires and buying 500ft yachts, etc. That and the "news will be here tomorrow" led to everyone becoming impatient and selling when it did not arrive.
Let's continue to stay positive because this will grow and continue to rise, if you hold on. Rome wasnt built in a week and neither will TTDZ/Green Cures.
Obviously everything above is my opinion because i wrote it.
I don't think it is necessary to have 100% in one day talk- lets start with a few good days again and go from there.
Hang tight! As we all know, the shares appear to be in stronger hands than the previous flippers.
I think with all the touting that had gone on here for about 2 weeks in Feb, it has made people wonder what is really going on or if they should trust this company-News tomorrow, News tonight, $.25-$.50, $10, etc.-When people don't do the DD, it appears like it is a Pump- which it is not- and that probably scared a few people away.
I will continue to hold because I believe there is more to this company than where it is valued today. We do need more outside volume to show up, without the promises of riches.
I think you probably should have slept a little bit longer- LOL
News is coming in the near future! No one knows when but when it does, you want to be holding shares.
How are we looking on L2? Can anyone share with the group?
Just need some good volume!! Let everyone know this is a ground floor level for people to invest for a few weeks, months.
The returns should be amazing!
Can you explain for everyone on the board what this means?
This could be huge!!!!!!!!!!!
Thanks to all who have allowed me to buy more on the dips-
This is really going to help when it runs up at the end of the day!!!
TTDZ Long and Strong
L2 Data needed
If we stay strong and hold this should run up fast- Don't miss out on the bigger profits.
First- thanks for the positive vibes and other input in trying to spread the word of TTDZ
2nd- send me the info and I will gladly put pressure