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The distribution of shares is Q3.
I'm patiently waiting for the SEC to either approve the Form 10, or request additional information.
My recommendation is that you contact them with your desire to see Q3 facts prior to the end of Q3.
500 Downloads! The eMobile app has a new Download Badge on the Android Store. This means the number of downloads has crossed the lower threshold of the 500-1000 range.
http://m.androidcentral.com/ask-ac-how-many-installs-does-app-really-have
I used my real name. I used the app and was very impressed on all levels.
These mobile apps are also white label apps for current and future clients. The metrics will eventually reflect their popularity.
Can you reference a Press Release that states the company doesn't rely on banks? I don't recall that statement.
As one example, I recall Ed saying that Itonis has to provide a bank.
I didn't suggest you stickied it or requested same. I am saying it doesn't meet the stated standards for stickied postings.
Form 10 Exhibits indicate a large number of existing agreements. This is where investors can learn what is real.
There is a difference between signing a customer and implementation of the service.
We are looking at a company with a technical project lifecycle. Additionally, the decision to acquire an existing platform with social media functions changed the approach to product management, sales processes and technical implementation.
Don't expect instant revenue from an announcement agreement :)
Enjoy!
http://www.sec.gov/Archives/edgar/data/1619558/000114420415051393/0001144204-15-051393-index.htm
Did you ask the CEO what happened to those two agreements from early 2013?
Long-term investors recognize that bank relations are essential to implementation. This has been a talking point with the CEO in the past. Now that the company has significant bank relations, why would you consider this investment a type of swindle?
Download metrics are not available to general public.
This is a beta launch of a First Release.
All news releases build on excitement--especially the ones that confirm REVENUE!
http://www.myecheck.com/pressroom/press-releases/
I am patiently waiting for the SEC to complete its work with the Company.
Yep, he is far more high tech than anyone I know. I love that he manages the company's Facebook account to ensure a positive and professional experience for shareholders.
We're not on the same page (same message I gave fishey).
Ed's posting was much later than the activities you note. There is no "and then he..." scenario.
I'm waiting patiently for the SEC to act on the Form 10. No need to bean count on my behalf.
This is a duplicate line of questioning to me. Please be more thoughtful before spamming my inbox.
No we cannot agree. I trust the SEC will handle the Form 10 with the Company.
When the Company states they are amending the section you don't like, in more professional terms, of course, I will believe the Company.
I'll post the link to Press Releases again.
http://www.myecheck.com/pressroom/press-releases
MyEcheck Files Lawsuit Against Four Companies, Seeks Recovery of 1.44 Billion Shares - Notice the word "Titan."
http://www.myecheck.com/myecheck-files-lawsuit-four-companies-seeks-recovery-1-44-billion-shares
MyECheck Recovers and Cancels 275,000,000 Fraudulent Shares
http://www.myecheck.com/myecheck-recovers-and-cancels-275000000-fraudulent-shares/
Always do your own DD.
We're not on the same page. His comment was unrelated to Form 10 contents.
Registration with the SEC will change the dynamics.
Ed mentioned his daily calls from accredited investors. He told them no deals and to buy on open market.
I'm saying the company reported accurate information regarding beneficial shareholders and financials through Q2.
Be patient until Q3. Maybe by then you will have cashed out and moved on to another trade opportunity!
Yes, the closer this development stage company (operating under the JOBS Act) gets to full registration under the SEC, exponentially higher revenues, widespread product acceptance, the more we see efforts to discredit all of the hard work over the past years.
Link to company Press Releases:
http://www.myecheck.com/pressroom/press-releases/
Announcements of service agreements and announcements of live services are separate actions.
The company has prioritized its work due to resource limitations.
The initial product to market is their eMobile Pay application. While in Beta, they are very close to realizing its long-term viability in the emerging and exciting mobile pay field.
Do your own DD :)
56.23% sold short last Friday.
http://otcshortreport.com/index.php?index=myec&action=view#.Vex-hJf5eao
My statements are correct.
If you disagree with the accuracy of financials through Q2 or the Investopedia definition of "Beneficial Shareholders," please provide specifics.
Accurate download metrics are not public information.
Q3 Report will reveal beneficial holdings and revenues from July 1 thru September 30.
Beneficial Owner Definition
http://www.investopedia.com/terms/b/beneficialowner.asp
The Registration of Securities Form 10 requires financial statements. The company completed two of three months needed to reveal Q3 numbers and data.
Let the SEC do its job.
The bank is testing and finishing up some pre launch items, yes they are late, but they have added features and expanded the capability from the original plan. I expect them to test and bug fix for about a week more give or take a few days. This is a large scale project and it takes time, we have completed a massive complex bank integration of a whole new payment and billing system with only two programmers in Israel, Valerie and Oren, so although it seems as though there is little progress happening, there is a lot of game changing new technology in development and being delivered
I agree with stock based compensation to key players. We don't know the specifics so I will assume Ed is using sound judgement.
I appreciate and agree with your factual summation.
On the flip side, manipulative bean counting and over analysis of unsubstantiated claims and innuendo helps no one.
I downloaded and tested the Android beta release. It took one business day to get funds into my wallet and one business day to return funds to my checking account.
I bought a product from their store. The process was smooth and very professional. I received instant notifications, including delivery timeframe.
Looks real to me. I'm looking forward to seeing the Itonis system, in particular.
They have many irons in the fire.
Same year...long before I took my position. I recall reading there were issues with a change in ownership with the bank. Doesn't matter to me.
I recognize that many otc traders rely heavily on press releases to ensure short-term gains. I consider different factors and focus only on companies that meet my criteria for long-term investment. This is one of my long-term choices.
To the contrary, I have seen relatively few real business concerns expressed here. There are 2000+ followers on Facebook. I'm okay aligning with the latter until I see verifiable reason to leave.
Regarding the apps, I knew the first release was a closed loop wallet last spring. What you thought would happen may happen just as you expected when the company has revenue needed to cover the future development costs.
I envy your entry point!
Personally, I think 2.5 years is a long time to be holding shares and harboring resentment. If I was in your shoes, I would have gotten an explanation before increasing my position.
Approval will negate all the conspiracy theories :)
I don't see intent to deceive within Press Releases. Please give specific examples.
People on sidelines are waiting for Form 10 approval, and verification of revenue.
What else is new?
Ed knows the revenues will more than sustain his companies.
Why judge the morality of anyone without first judging one's own behavior?
I am looking forward to seeing how their business plans unfold. Watch and learn. It will make sense later if not now.
As Chairman of Seergate and Green Pay, and Chairman, CEO and President of MyECheck, Ed determines how the patent is used within his companies, and what entities receive contracts.
It all equates to revenue.
Add system licenses.
I hate when that happens! I'm without my preferred card for too long and have to change the number on every website where its stored. I have too many cards to replace too often because credit cards are not secure enough. Sometimes it happens at the same time.
I'd rather not have rewards and plastic. Cardless and cashless is my future.