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I'm reminded of that famous line from JAWS 'You're going to need a bigger boat...in the case of MYEC IME 'You're going to need a much-bigger building!!'
IME once media/press strategy ensues it should bump us into .03-.04 price channel. I believe that media coverage will add some excitement to mix, attract new investors and basically add a new dynamic to PPS situation.
I almost hit the PANIC button again after reading your post--but then I realized it's the 4th and no Buying today!!
Happy & Safe 4th to All
This long knows what he owns--very happy to own some more shares today!!
I totally agree with your use of the term 'coiled.' A PPS explosion is very overdue.
If you look at MYEC 5 year chart you can see MYEC MONSTER MOVE UP is in the wings. This stock hasn't really done anything yet and by the time exponential revenue growth is clarified before the masses--a very large and hungry crowd will be chasing this PPS.
Nice play-by-play...many, many things to look forward to here
In honor of your post--I just added some more shares.
Now MYEC has the option to publicly report these revenues.
Do you believe the float here is under or above 1 Billion? Please feel free to speculate or make 'best guess.'
Was your pigeon gripping a stack of dollars? ;) Just think if 1,000,000 people utilize a MYEC app once daily .15 x 1,000,000 =
150,000 daily
1,050,000 Weekly
1,050,000 x (30 Days) = 31,500,000
378,000,000 revenue yearly!!!
Nate Wigle's connection with Paychex is very interesting. A while ago, I spoke to a CPA who has been in business for over 40 years. He mentioned how no one was worried about Paychex 'disrupting' the accounting profession in the beginning. Yet in rapid order their business approach quickly and permanently changed the accounting profession. Most CPAs have never recaptured the payroll segment they lost to Paychex and concede that they never will.
There are some obvious parallels to MYEC with the Paychex story--albeit IME MYEC has the potential to be far more disruptive IME.
I believe MYEC is going to be afforded an opportunity to be the new standard for the electronic payments world. 'Follow the fed' Those who do not adopt our methods and technology are going to be left in the dust. Now our foundation lies outside of traditional banking model and there-in lies great flexibility and strength.
Bye-bye yield! Added some more shares today to celebrate in advance--GO MYEC!!!
Transparency does not lend itself to speculation. I believe that totally unknown catalysts are what is going to propel this to greater heights.
DTC eligibility is going to be a very positive development but now everyone is expecting it. Therefore manipulators are going to do their best to associate the announcement of DTC eligibility with a 'red day.' Hopefully they will not be successful but as longs we need to support this stock regardless of the fluctuations.
It was remarkable to see the well-deserved excitement upon initial release of Q1 only to be followed by bashing, second guessing and the like.
I believe ultimately, that MYEC is going to surprise even the greatest skeptics. However, it is going to require time and patience. Fortunately, the financial trajectory of MYEC is on an extremely solid foundation. Those who are long or seriously thinking of 'going long' are ultimately going to be greatly rewarded IMO.
Yeah that's the way I choose to PANIC--there are hundreds of dispensaries waiting for our MYEC/MJ-Pay solution in CO. I was just reviewing some online information about current dispensary counts. It will be interesting to see just how many dispensaries we can capture in near-term. I would think that Ed is going to capture some great opportunities in the Denver metro area. As of 3 years ago, there were more dispensaries in Denver than Starbucks.
I DID PANIC this morning and loaded some more
Wouldn't an R/S reduce Ed's shares as well? There is no chill here--rather the DTCC issue is going to be resolved within days or even hours.
No offense but 'worry is truly a waste' and creates nothing.
The valuation is going to exponentially catch-up with share structure IME
Is there not an alternative standard for OTCQB?
It's clear to me that some tremendous deals are already being formalized in CO for Ed to make a trip at this juncture.
IME the MMJ industry as it stands right now offers low or even no barriers to entry for MYEC/MJ-PAY.
I recently traveled to CO for business and out of sheer curiosity I dropped-in on a dispensary near Craig, CO. Based on what I witnessed--MYEC/MJ-PAY would be a tremendous compliment to any entity dealing with MMJ financial transactions.
More than pot--the operation smelled strongly of compliance and regulation. The owners and operators should be justifiably concerned with all the potential cash that comes through the door.
I believe that MYEC/MJ-PAY has the opportunity to capture huge if not majority market share in CO in the next 3-6 months. 1 year from now I believe MYEC/MJ-PAY is going to be the preferred transaction payment option in dispensaries.
News of successful BETA experience is going to spread in a VIRAL fashion in CO. Success there is going to waterfall into other States.
MYEC/MJ-PAY provides a comprehensive solution that no one else offers.
I don't know what to make of the following--I found this several months ago when a poster here mentioned a 'patent.' I didn't post it here because frankly I don't know what to make of it.
google or yahoo Michael Devellano versus Apple Inc. you will find a number of links that pertain to Mr. Devellano and a patent infringement case.
This issue may have absolutely nothing to do with ticker BUNM however, I personally find it very interesting and want to share it with this board.
By posting this link, I am not implying in shape or form that Mr. Devellano has done anything wrong--it seems that Apple Inc. has pursued any number of these actions over the years. It looks like most of these issues have been amicably resolved or even dismissed.
Even though volume has been drying up--the last 4-5 months have shown renewed interest here.
One other almost-random note I noticed while doing some charting analysis that December 26th 2013 showed a 911 trade which may have foreshadowed some changing dynamics that have come here.
We have yet to receive any new 'official news' but the volume especially February/March 2014 was almost news of itself.
I am continuing to search public MMJ dispensary information out of Henderson and Las Vegas Nevada area. Nothing solid as of yet...
Sounds DISRUPTIVE
Weekly is showing strong handle formation that will serve as the springboard for new price ranges.
Very shortly those TD and ST brokerage accounts are going to be screaming MYEC BUY ONLY!!!
MYEC Death Starr(s) Fully Operational!!!
That's no moon...it's MYEC
There Ya Go Captain
5 x Average Daily Volume today with 1 hour left to go...pattern may be changing for upcoming trading week
IMO MJ-pay is a very significant arrow in the MYEC quiver. If a dormant shell MMJ ticker company released it I could see it bringing a minimum stand-alone value .05-.10 to that company.
IME Ed used term 'home run' because timing of MJ-pay for MMJ industry is perfect. The opportunity to capture huge market share is NOW. MMJ is a virgin industry desperate for financial solutions and electronic trails.
Many MMJ companies are trying to bring this type of solution to the industry but they simply do not have expertise and capabilities of MYEC.
Timing couldn't be better for this particular Kraken to be released!!
AGREED!!! QuickBooks has a near-monopoly with small and medium size business owners. HUGE opportunity for MYEC
I believe Scottrade can see evidence of progress on the DTCC end based on the demeanor of one of their reps I spoke to the other day.
Exactly! Just added some more.
A while back on this board there was some speculation that Ripple could possibly be connected to TCHH in some manner. There could be some common connections...or perhaps not.
Absolutely--the last couple of 'news' days have been red. The company has provided plenty of guidance. More will be coming in May!
I believe one of the problems is 'focusing on the cost of everything--while neglecting to see VALUE.'
I doubt anyone is going to regret buying at .048 or .068 when MYEC hits .20 cents or 1.00 etc.
PPS is up about 45000% from May 2013 levels!!!!! Should the exponential trend continue this year share price would be over 20.00 per share by (May 2015).
IMO achieving the above in 1 year is not impossible but a bit improbable. Things can cool down when running 45000% in one year!!! That being said I am not going to place limits on a NASDAQ-bound MYEC. That would focus on supposed can't do mentality versus CAN DO.
The potential and actual streams of income here are mind-boggling. I have no doubt MYEC is going to achieve astronomical levels of success. My only question as an investor is WHEN this is going to occur.
FYI your 'moving money' statement was profound.
The CC industry would be very wise to integrate MYEC ASAP. IMO whoever takes the plunge first (VISA, MC, DISCOVER) is going to help to retain existing clients and potentially expand their market share.
I agree that luck and time are running out for those who believe the MYEC DISRUPTION is not going to affect the CC industry.
Added more--these .04s are a gift.
Under or above 3,000,000 in revenues per year in your opinion?
Please note that green days have typically preceded 'news' days here of late.
The news seems to be baked into the PPS before 'official' release.
When Ed has made unexpected comments on Twitter or FB there have been some green days. These unexpected communications catch manipulators by surprise.
The next green day(s) here probably mean that an update is imminent IMO.
Great series of posts. The bait on the MYEC hooks is going to prove irresistible. The number of hooks in the water is going to increase exponentially.
The consumer is going to win the day IME--the MYEC personal app is going to go viral. It also exposes institutions like Chase and Bank of America to our capabilities. Do you think that the above institutions are going to notice us more or less after personal app starts to get exposure?
You should be recuperating...markets are closed today to force you to do that. Time unknown but I have a bit of a hunch that the next huge volume spike 100 + million day(s) could portend new official life for BUNM. Accumulation is still happening...albeit more quietly than February/March 2014.
Virtually everyone believed at one time that the world was flat. Opinions are often incorrect. Hence the danger of reading a drop from .08 to where we are now.
For the record, so you do not misunderstand--I believe that the current PPS does not reflect the value of MYEC. That's why I have doubled my position over the last 5 trading days.
A certain combination of unexpected PRs or a major stand-alone announcement could certainly light the fuse to $'s here.