Yes, the most recent SS update is even grosser. Thanks for the reminder.

MYEC Bloated share structure

MYEC Security Details
Share Structure
Market Value1 $39,114,764 a/o Feb 04, 2016
Authorized Shares 4,900,000,000 a/o Dec 31, 2014
Outstanding Shares 4,161,145,067 a/o Oct 15, 2015
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 2,196,021,863 a/o Apr 22, 2015
Par Value 0.0001

The new carrot was waaaaayyyy overdue.

Factually a 2.3 billion float. Effectively nothing.

A beach in Nevis?

Dilution.

3 million share wall at 0090 and then VNDM sitting above that with almost zero bid support.

Stick a fork....

Next at the trough. Nice.

It was actually very predictable. No offense.

It might have a couple dead cat bounces but it's going to bleed out. More share selling coming per company filings.

Tip of the iceberg here.

My interpretation anyway.

Ask an investment Pro if you're uncertain.

L2 is the proverbial "train wreck" for Bulls.

Won't help the bloated float

I do not like to see retail investors lose money. I do love to see disingenuous (to be polite) companies lose their equity.

0025?

To cover? You shorting?

MYEC

The ticker is toxic garbage. IMO.

That's the deal here.

Look at this garbage tank!

Garbage

Not to mention form 4's for CEO selling of shares but that's a whole other story.

MYEC should just let these "infringers" keep going. At least they can get a product to market and actually make money.

Honest and fair question here:

Considering MyEcheck does not own the patent, do they get zippy revs or does Ed? It is a patent infringement suit and the owner of the patent is Ed.

We shall see. Let's wait and see.

Ever wonder why we haven't heard yet? If they "caved" why haven't we heard the details?

Even if the news is good, which I doubt it will be. Will it bring in enough buying pressure to move a stock with a 2.3 Billion confirmed float with confirmed convertible notes due to be sold?


The likelihood of a bullish move here is extremely slim.

IMO.

IMO, history tells me Africa will never happen. What has actually gotten done? Seriously?

Shares are all he has and cares about. Again, just MO.

Yet many here continue to pump a cancellation of approx a billion shares, which is, essentially impossible.

Why would a company that continuously sells shares for cash suddenly buy shares with cash if they get it?

They won't.

Thank you Penny. I too know Ed said it. I just can't remember exactly where/when. He also said something to the effect that a forced buyback was unlikely and that the company would seek money for damages. I know this because it pissed me off that he wasn't going to fix the 900M addition to the float problem.

Shareholders once again were brutally penalized by disgusting dilution and the company was looking for a check instead of a remedy to the shareholders significantly devalued shares.

The float increased to where it is today roughly as follows

Late 2013. Was roughly 600 million
Sierra global sells their shares, now approx 1.2 billion
Scottsdale sells theirs, now approx 2.1 Billion
Misc dilution today = 2.3 Billion.
Add other

I stand corrected on my float quotes. I was using data from early last year. The updated float has increased by 100,000,000.

It's now 2.3 Billion as of early Feb according to the TA.

The very quote you site states the shares were sold.

The float is the float. All you say does not change the FLOAT. especially the Scottsdale shares which were SOLD into the FLOAT 900 million.

2.2 billion shares trading.

MYEC Security Details
Share Structure
Market Value1 $39,114,764 a/o Feb 04, 2016
Authorized Shares 4,900,000,000 a/o Dec 31, 2014
Outstanding Shares 4,161,145,067 a/o Oct 15, 2015
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 2,196,021,863 a/o Apr 22, 2015
Par Value 0.0001

2.2 Bilion float. FACT.

MYEC Security Details
Share Structure
Market Value1 $39,114,764 a/o Feb 04, 2016
Authorized Shares 4,900,000,000 a/o Dec 31, 2014
Outstanding Shares 4,161,145,067 a/o Oct 15, 2015
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 2,196,021,863 a/o Apr 22, 2015
Par Value 0.0001

Ed Starrs is CEO here too?

You know him well I see

Friendly advice is to remember the definition of the word insanity.

Just a suggestion moving forward. Not an insult intended.

GLTU

Very tall boots needed to sift through that Q and BS.

Hopefully no one followed this advice back then or the would be down over 25%

MYEC

"Those reports are simply counting shares the mms sell before the trades are settled...it looks like real shorts but it's not...these are all BS stats...no retailers are shorting these stocks that's for sure.
To short this piece of shit SCAM at interactive broker, it would require a very rich person and a moron with money.

Interactive broker requires $2.50 margin (collateral) per share to short securities less that $5.00. i.e., a penny stock.

A 1,000,000 share short transaction of this SCAM at .02 would require $2,500,000 LIQUID FUNDS in your trading account.

This $2,500,000 leveraged against the possibility of making $20,000 if the short trade were to be closed at NO BID x .0001.

Wrong Again.

NOBODY ON THE FACE OF THE EARTH THAT IS THAT RICH IS IS THAT STUPID.

NOBODY IS SHORTING THIS PIECE OF SHIT. IT IS JUST A PIECE OF SHIT. "

Foreshadowing for next months SP.

There are plenty to feel sorry for

And this thing probably works and exists.