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This is not true, they are not selling out, there has just been no inventory and 4q only had 6k in profit. Company is clearly struggling hence the pps nosedive.
There is nothing good to be had here.... The ridiculous pumping doesn't do anyone any good
Exactly....
News with follow through has been "coming" for over 3 years now. Garbage stick with nothing but fluff and deceit.
So now you both are going to jail? I call serious bullsh*t. It would be nice to have real dd here....
There is years of no follow through here on failed 8ks. They have nothing but a history of not following through, and yes, imitation is an equal problem in this scam lol... It is all garbage imo.
Garbage stock.... No follow through dilution scam
I'm still here too, long and strong. The amount of spamming on this board is absurd.
There is no good news coming I fear, just more of the same.... Seen this over and over again. Getting out the first chance I have
It doesn't make any sense... So don't bother. This news release was great for MYEC despite how some try to pervert it. These shares will be either retired or forced to be bought back at market value. It's only up from here!
I hope so too! I have been here a long time, made a decent amount off of the P&D and bought back in.
Not even close to the same as patent pending and shame on you for saying so. They are in the process of trying to buy the patent from an entirely different company, and have been tying to do so all year, and openly admit in the 10q that it may not go as they desire in the 10q. In fact they had to put a 50k non-refundable forward down just to keep negotiations open recently. They hold no intellectual property at all. My GUESS would be that since the pps has dropped over .44, and that they only profited 6k in the last quarter, seem to be in short inventory, that it is either still being negotiated, or didn't happen. I am aware of the recent promotion, which all seems to be in attempt to raise capital, most likely for this purchase. They only have a license to sell, which means they pay a portion of all of their profits to This company as of now, of which they only had a 3 year exclusive license. This is nowhere close to patent pending. I am invested here too, am not doom and gloom, just bringing honesty and fact directly from their 10q.
Indeed.... Doubling the OS never makes me happy
We shall see.
News out! Yay for dilution....
Here's the actual nite from the 10q. Regarding the license and patent.
"We currently hold a three year limited exclusive distribution agreement for the consumer market. We are permitted to distribute our technologically enhanced bottled water in the consumer market in the United States, Canada and Mexico.
Aside from holding the aforementioned distribution rights, we signed a non-binding Letter of Intent with Xtreme Technologies, Inc. (“Xtreme”) to purchase all of the outstanding shares of Xtreme, which would effectively acquire the patents on the proprietary process that we believe is the most technologically advanced in water treatment systems for complete hydration. The proposed consideration for the potential acquisition will be payable as approximately $575,000 in cash or assumed debt and approximately $1,425,000 in our common stock.
This potential acquisition remains subject to, among other things, completing customary pre-closing due diligence, Xtreme’s shareholder approval and entering into a definitive agreement. We originally expected the definitive agreement to be signed by all parties on or before the end of January 31, 2014. In September 2014, we paid a non-refundable $50,000 deposit to maintain the commitment while final terms are resolved. We have still not signed the agreement but expect to in the coming months. There can be no assurance that any transaction will be completed as proposed or at all. The Company in September 2014 paid a non-refundable $50,000 deposit to maintain the commitment while final terms are resolved. There can be no assurance that any transaction will be completed as proposed or at all.
Our primary objective is to acquire the patented technology underlying our brand, and then to introduce, promote, aggressively market and establish channels of distribution to sell our product to a wide range of consumers, first in the United States, Canada and Mexico, and then globally. If we are able to acquire the rights to the technology, we believe that all the prime characteristics of the hottest premium bottled waters in the market will be taken and rolled up into our product.
We believe that holding the patents will enable us to enhance our position in the investment community, allow us to expand our reach in the distribution of product, and provide us access to other applications the water treatment technology has available. There is no assurance, however, that we will be able to finalize an agreement with Xtreme, the owner of the patents. We hope to have more information in subsequent filings."
It's in black and white in the 10q. They have an exclusive license but no patent. They have been tying to purchase the patent all year. Read the news releases.
This scam has put out plenty of 8ks throughout the years that amounted to the pps you currently see. I hope your investment pays off, I truly do, but I have had nothing but loss with this ticker since the beginning and it is known for dilution, acquiring the shells, rinse and repeat. As soon as I can get out I am gone from this scam.
Alkame does not own the patent to their water. They have been trying to buy the patent all year, in the 10q.
Jess has publicly said that puget is a separate company than suzie. PMCM only owns Suzie. Puget is her spin off company. She states this explicitly on her website and blog and it is in the 10q.
*dilution*
Nothing is going on like always here. This is a pure solution scam and has been since AMEL.
This ticker has always been a joke, has never followed thru on anything. The ridiculous pumping over the last couple days was a joke. I'm sorry if you bought in under those premises.
Scotttrade is a terrible broker that has issues with several pennies. We've known if their issues for awhile now. As to 9b, a/s is vastly different than o/s. Still hoping for the best here. Would be nice to see a share buyback as revs come in from Suzie.
It's trading below trip zeros now....
More dilution on this garbage ticker.... Scam continues
There is nothing to pin here. MYEC is licensing the patent from Ed. Not a big deal, or news as this was all disclosed in his video to shareholders. It is structured in a very positive way. It makes sense to patent the technology separately. There is so much about to happen in 2015 with the launch of these apps and the network that has been established. I've never been more excited for a company.
This is a noted dilution scam with a history of doing so. Notice all the ridiculous pumping occurring here and invest with caution. I've been here for years and nothing has ever come to fruition except a name change and tumbling pps. This scam is cash poor with no assets and will only attempt to buy more shells by issuing more shares and diluting to no confidence.
I'm sure it will come with basic OS and initial software, but personally I think the idea of selling the software outside of the unit as a brilliant idea. It is a medium, like a Playstation or Wii U, you buy the medium, which are expensive to manufacture and the lions share of profits come from the proprietary software.
Every device requires separate software. That is the key here, the device is a medium for so many types of software, and licenses for software. Revenue potential is enormous.
RIP... Done.
No amount of pump can make this a legitimate company. It has been misleading shareholders for years and continues to do so.
Exactly. All we can do is warn people about this scam.... I got took too.
Don't listen to the pumps, this ticker is a complete loser and has been since it started. Nothing produced, no revenues, and promises that never happened.
I have some holdings here as well, been waiting for the slightest uptick to get rid of them. Garbage scam stock.
1)this stock is complete garbage, diluted, reverse split, run into the ground. Stay away
This is so exciting being at the ground floor. How many pennies do you see expanding into larger office buildings and hiring? New year launch for MYEC and affiliates looming. We are all fortunate to be here at this time and price.
Confirmed, their facebook page is gone now and Martin no longer has them listed on his page or work history. Story is over everyone, get out while you can.
I can't believe it's still at 15.... I'm all the way out, and not looking back. CEO deception... Meh...
It doesn't seem to silly as we watch our investments bleed to death. I'm trying to be optimistic....