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Warren Buffet speaks:
The stock market is a vehicle for transferring wealth from the impatient to the patient
Patience Will Pay-Off Here $$$$$$$$
If you believe in this stock--let it be known. No reason we shouldn't be #1 at IHUB throughout weekend. Many, many posts to come...IME
Our PR company is going to proclaim new developments FAR and WIDE
I just picked up some more diamonds--suggest all Longs do the same before EOD trading. Happy AGM!!!
Hope you All have a great time--I was hoping to be able to make it. Unfortunately due to conflicts and an 8 hour drive one-way it's just not going to happen this year--I wouldn't mind the drive actually but the wheels need to go into the shop Monday for critical repairs.
I could make a sign and flag-down some fellow MYECHOLICS.....No on second thought, I will not part with any shares in return for a lift lol
Everyone is pulling out their bread in light of the AGM this weekend ;)
The MYEC story is just getting started!!!
The Sionic deal could bring .01 + movement days in November IMO. The external infusion of excitement has a potential to bring in a new wave of buyers.
You can already feel Sionic's excitement at bringing the competitive advantages of MYEC to their table. IME the Sionic deal has the potential to be a transparent and high-profile showcase for both Sionic & MYEC.
PR guns could really be blazing either before or after AGM--making October 2014 one to remember as well--we'll all have to wait a bit and see!
Forward-looking view with combined force of MYEC mobile apps for consumers and businesses. GreenPay transactions would be included as they will in actuality be 'the tip of the iceberg.' The 54 million would not include licensing fees, Sionic Mobile deal, VX etc.
I didn't get a chance to check-out the Henderson office when I was in Vegas recently.
Anyone willing to do a drop-by and let board know how if anything is happening at the Stephanie Street address? 631 N. Stephanie Street Suite 548 Henderson NV 89014.
It looks like Nevada is going to starting to expand licensing opportunities to a small number of MMJ entities on November 3rd. I have been unable to verify that BUNM is actually involved in the above industry--at least not yet.
A combination of merchant and consumer apps = JUGGERNAUT it is only a matter of TIME.
For practical purposes-consider the following scenario that could be the (conservative) reality in 2016 or even earlier:
1,000,000 app transactions x .15 = 150,000 daily
150,000 x 7 Days = 1,050,000 weekly
150,000 x 30 Days = 4,500,000 monthly
4,500,000 x 12 Months =54,000,000 + million yearly!!!
'bigger deals' you mean like UPLISTING? I believe audit is going to the bridgehead to the above. I wouldn't be surprised if there is a major update at AGM about a timetable for uplisting.
I think it would be spectacular if they release some big bombs at AGM and then make sure they PR these before the market open following AGM.
IMO for the 5 'public deals' that have been announced over the last several weeks--there are likely 5-20 more that we don't know about.
Just reading over at yahoo:
KKR Said to Back Hedge Fund Startup of Ex-York Capital Asia CEO.
Article has some interesting updates about KKR's aggressive acquisition approach of late.
September 28, 2014 article
It definitely hit me in the gut pretty good--literally!
Insiders know what's coming down. That size of retrace was no fluke. Someone has wind of closure and/or actual guidance IMO The rest of us are still driving through the heavy fog.
*Perhaps there are even an expanded group of 'insiders' of the (FDIC) variety...
It will be very-telling IME if Monday's trading shows further significant upward movement.
Recent 'MYEC MOMENT'
The other night while working my night-job I got a real hunger-pang and walked over to a nearby burger place. Food was just a few mere footsteps away. However, right as I opened the door I noticed a note on the side of the counter. 'We no longer accept debit or credit card transactions under 5.00.'
I didn't have any cash and certainly didn't want to pay an ATM fee for a burger and fries. So I just walked away--shaking my head at the situation. Bemused as I thought about how unnecessary the situation was...MYEC came to my mind and I cracked a smile.
The debit/credit situation is obviously inconvenient for the potential consumer. The ridiculous fees are a burden for the business operator. I don't blame them for messing with transactions under 5.00 based on the existing system.
How many people are walking out of the burger joint because they're not carrying cash? Supposedly debit cards are as 'good as cash?' Apparently not!
After this experience I'm even more-convinced that MYEC is poised to bring huge SOLUTIONS across the marketplace. Once business operators and consumers realize the possibilities--they will never go back to the status quo IME!!!
Yes! I will be having a conversation with this business operator/owner about MYEC.
How dare you imply that a stock price FLUCTUATES and there are both risks and rewards!
;)
I concur that patience is definitely going to pay here. I personally have applied a strategy of quiet accumulation rather than fixation with the minute-to-minute share price.
I will not be distracted by the crowd that wants to know the (purported) cost of everything--while not recognizing the value of anything.
Walmart is going to be providing more services to the 'unbanked' by the end of October. It's astounding how the financial services scene is changing by the moment.
After reading the article--I believe their expanded relationship with GreenDot is not going to hold a candle to MYEC's dynamic capabilities.
The low-volume 'Calm' before the PPS VOLUME STORM
I can hear it already 'only 7 million in revenue this quarter!! I was expecting 7.1 million.'
Having had some fairly high-level experience with the likes of UBS, Credit Suisse and Hong Kong Shanghai Bank--I am confident that the bank integration delays will be overcome and that proper integration will be a real boon to MYEC's very bright future. This foundational element is a necessity and not optional. It's vital that it is done correctly rather than quickly. Dealing with higher-ups in the banking world can be very time-consuming. Great patience is often required.
There are indications that MYEC is set to have multiple banking partners. IME this would be a great approach. Echoing Ed's recent FB post--these delays may actually end up being a true golden lining. 'Golden' because banking integration is absolutely critical to delivering on our promises and injecting dynamic even revolutionary changes to the financial world.
In light of the chart movement--I got off my double bottom in the AM (so-to-speak) and added some shares ;) These PPS levels are definitely not going to stick around too much longer IME
My PANIC BUTTON says ACCUMULATE!!!
Welcome Aboard tassadar723!! Your timing should be nicely rewarded--
If Apple doesn't...SOMEONE ELSE WILL IME the Oklahoma land rush is going to pale with comparison when players in the industry wake-up to what MYEC represents!!!
MYEC A NO-BRAINER for those with BRAINS
For every announced deal--there's probably 2-3 others happening behind the scenes. Today's announcement was but another beautiful canary in the coal mine.
I agree with your post entirely. MYEC has the potential to become a standard for countless industries! We have capabilities to support new stand-alone platforms as well as existing channels. It's exciting to be part of the PRESENT and FUTURE!!
The KRAKENS are very restless this morning--only a matter of time before they are released!!!
They eat shorts alive
They reward LONGS
MYEC PPS INFLATION IS HERE!!! Using 100.00
100.00/.03 = 3333 shares
100.00/.30 = 333 shares
100.00/3.00 = 33 shares
Waiting is not going to help your share count
Interesting forward-looking predictions--
With respect to your # 5 I won't be surprised if MJ-Pay will rush through the opening gate with 5-20 new clients. Some of these clients own multiple dispensaries.
Bill Delgado an actual company INSIDER says we're not even at 10% of our value...
Mr. Delgado has seen internal projected revenues and has direct knowledge of future-looking events.
IME the hiring of employees, leasing office space and scheduling an AGM are all-tied to MYEC's confidence in projected revenues.
In that a number of entities have not opted to let MYEC PR their business agreements and intentions I believe Mr. Delgado's statement is highly significant.
I believe MYEC's social media outreach mostly benefits longs. We've seen a number of green PPS days that have been a result of social media communication. I believe social media posts irk manipulators who do not like the unpredictable nature of above.
Trying to keep everyone's blood pressure down--go easy on the Salt!
Accounts Receivable
Trader53 posted BUNM as one of his picks on 8-10-14 (.0001-.0002) entry
I read an article yesterday that said the key to achieving happiness is by lowering your expectations.
MYEC's ultimate rise to capture market penetration is going to be dependent on overcoming numerous obstacles. I am impressed how the company is growing despite unforeseen challenges.
I have mentally lowered my expectations here as a tool to remove emotion out of investing. Lowering ones expectations does not mean you don't believe in a bright future for MYEC IMO!!
A lower PPS situation over the last couple months has afforded me almost 20 X my initial entry.
I believe the ultimate destination is going to especially reward long-investors in spades. Not everyone is going to take the risk in order to achieve the reward.
The ultimate destination is going to require my patience and time. MYEC's journey is just beginning. Challenges and Ultimate SUCCESS ahead!
I would agree that the cup 'isn't empty.'
We just don't know exactly what's in the above cup! Those in the know have made the decision to not inform shareholders about anything.
Great point regarding no chill.
IMO the best hope for news and welcome change will come in the form of a reverse merger. I do not see the current status quo of (complete company silence) changing until this ticker is under the control of completely different ownership/principals.
What incentive or motivation does current management have to 'break the silence' and communicate with its shareholders?--apparently none until proven otherwise.
Info that appears at scottrade about this company is from a 3rd party. It also fits description of company associated with BUNM ticker prior to about 2005. (EV environmental).
Perhaps MMJ rumors are reviving here at the moment...?
This shell is 'clean' in respect to no real history for years. Perhaps someone is going to do something tangible with it--eventually.
I do believe with the emergence of MMJ industry that this ticker is at minimum going to be used as a group play from time to time.
I believe the biggest PPS catalyst (hopefully coming soon) will be when MYEC gets external media exposure. This will bring in a greater number of potential buyers, infuse excitement among longs and is an UNPREDICTABLE wild card outside the control of the company, shareholders etc.
I believe external media pressure will be the actual fuse to ignite the next major run. If this can occur with other known catalysts WATCH OUT!
IMO as strange as it sounds--MYEC is being punished for its transparency and predictability. Everyone who follows this board for example knows and anticipates August 15th is going to be a big date for the company. This gives different players plenty of time to prepare to manipulate the PPS on the above date. Shares can be strategically dumped to break buying morale and a host of other tools can be employed to achieve similar results.
How would the market react if financials and audits are released unexpectedly on Monday August 11th? The majority of PPS manipulators would be caught out in the open--a large buying pressure would open eyes and move PPS a couple cents up in one trading session.
Beware posters tomorrow who try to deflect attention from this additional great news--if you are a long or thinking of going long support the ask tomorrow.
The manipulators love for news to get released and associate it with a red PPS. It's amazing how some real momentum gets killed by baseless talk about an R/S etc. This drives away potential new investors who need solid DD and thoughtful analysis on new developments.
Great forward-looking points.
With respect to litigation targets I believe the decision to obtain a litigation firm shows a great deal of CONFIDENCE and will discourage other players in the industry from cutting corners. Those who are infringing on the patent at this moment should know that the MYEC JUGGERNAUT is only getting started!!
Patent valuation will be interesting because whatever the number IMO there will be immediate and substantial attempts to discount the valuation.
I wonder if the company will throw-out a very low-ball valuation as a trap for those who continually underestimate the strength here?
VX Gateway could eclipse all other revenue streams--there is also some indication that it is already a 'gateway' to your #3 Government News/Contracts.
IME the Apps in tandem or even stand-alone have a potential to bring in tens of millions of revenue annually.