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True Longs are yawning and have no worries.
I think it's old, there were postings about it last year..
Did you all see where Ed has a "live" stock chart on the MYEC page? Clearly, it has at least a 15-minute delay, but pretty cool anyways...
http://www.myecheck.com/more/investors/
Me too, I'm so sick of moving money from one account, to another to my brokerage account, back and forth, and then waiting 2-3 effing days.
Ugh.
You know, looking at the contracts we have had thus far, Ed has PRs for them stacked up and in queue for release at, I believe to be, strategic times.
This round lately have been relatively small, new, startup companies, the next in line should be medium-size business with medium-size reputations, and then large ones.
It would be great, and seemingly logical if now bigger contracts are coming forth.
Like I said in an earlier post, bring on the mortgage brokers, car loan, and debt/collection companies.
CountryWide Debt Relief Website.
Peruse at your perusal.
http://www.cwdebtrelief.com/
Interesting that at the client login there would be a "savings account"...
http://www.cwdebtrelief.com/client-login.htm
So, the OTCQX requirements say "Ongoing" rather than needing to go back several years...
Ongoing quarterly and audited annual financial reports posted on OTCQX.com, a premier website for qualifying companies (SEC Registered issuers can use EDGAR); and
http://www.otcqx.com/qx/otcqx/requirements
The Nasdaq qualifications are much more detailed, and it's not clear if Ed has to have every year audited, but it could definitely be interpreted that way.However,if Ed is looking for a world of investors, whales, a "NASDAQ powerhouse", and of course, being viewed with incredible integrity, then I'm sure that he doesn't want any year of financials to be questionable..
(E) a copy of the Applicant's most recent audited financial statements and a description of any material changes in the Applicant's financial condition since the date of the financial statements;
http://nasdaq.cchwallstreet.com/NASDAQTools/PlatformViewer.asp?selectednode=chp_1_1_4_3&manual=%2Fnasdaq%2Fmain%2Fnasdaq-equityrules%2F
I've been through several audits in my career, it isn't merely just an accounting audit to make sure numbers add up, they crawl up your work processes and make sure there is separation of duties as well. This is part of GAAP compliance. For example, they make sure that people who have the authority to write checks, aren't able to write one for themselves, etc.
This is going to be tricky since for quite some time Ed was a one-man show. They just have to make an attestation that Ed knowingly never did anything unethical, and if there were any "oopsies" then they make sure the Ed understands the new process he needs to follow.
I think best case scenario, all years will be completed by end of this calendar year. Worse case, by Q4.
SO, I did a keyword search in Linked in for "Myecheck", and these individuals mentioned MyEcheck in their profile. So, they are putting on their Resume for *some* reason.
Have you "Liked" the Facebook Page yet?
31 left and we will hit 1000!
I looked on their website again, and their application services are also for hosting, not developing so I was mistaken.
However, I snooped on Linked In and Looks like there is a developer at Mentor Graphics in India who mentions Myecheck, as well some unnamed individuals - a Software Developer in Austria, a Web Developer ate Telesoft SRL in Romania and an Outsourcing/Offshoring Consultant in Kurgan, Russia.
So, it could be any of these or none of these connections.
I'm sure QTS is designing the apps. They have the capability.
Regardless, you're doing great!
I say we beat Jim, and then take over his show! LOL!
I need MYEC to be at $17.45 a share to beat this guy.
How about you?
http://www.celebritynetworth.com/richest-businessmen/wall-street/jim-cramer-net-worth/
This is awesome. The debt relief area is a perfect fit for MYEC, as funds are guaranteed against charge back. This gonna happen bros and its just the right size client we need right now.
Yes, I'm going to use the money to buy a pool, fill it with the money from MYEC, and I AM going to swim in it.
RIGHT!
If you are going to swear and insult people, do it in a non-specific general way, don't associate with a demographic!
NASDAQ Requirements.
I'm surprised no one has discussed this yet. Here is an article I found that lines out the most recent change in 2012
http://www.corporatecapitalblog.com/2012/05/nasdaq-capital-markets-lowers-initial-listing-requirements-to-benefit-smallcap-stock-listings/
The existing rules required that a company seeking to list its securities on NASDAQ must comply with a host of quantitative and qualitative initial listing requirements, including, among others, a $4.00 per share minimum bid price requirement. Under the new rules, a company that does not meet the $4.00 per share minimum bid price requirement may still list its securities on NASDAQ if it meets all other initial listing requirements and:
• evidences the $3.00 minimum bid price and qualifies under the Equity or Net Income initial listing standards, or
• evidences the $2.00 minimum bid price and qualifies under the Market Value of Listed Securities initial listing standard.
I agree, no R-words, and no use of the word F** either. I saw F** get dropped the other day, not cool Robert Frost.
Yeap, Kubi, those who have lived and worked know how this chit works.
Franchises, I swear, they should just call them "screw jobs" and be more honest. We'll "market" for you (cough, cough, hack) and you pay us your effing money (snicker, snicker). It's like paying your pimp for "protection".
Nobody knows the inner culture at GDS1. Delgado may have been a great guy - innovative visionary - and GDS1 execs may have formed a good ol' boy network to only milk profits and run the company in the ground and then leave when they have milked it dry.
If anyone here on this board has ever held a job in the corporate world, you know as well as I do that the reason people are fired is never due to incompetence, it is due to non-conformance. Questioning, Challenging, being innovative, making changes and improvements - ie: True Leadership - is never welcome. You are either part of the family, you follow the unwritten code, or you are a threat. Come on now, 'fess up.
NASDAQ powerhouse ! MYEC!
What do I gotta do to make sure everybody understands?
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They deserve what they get.
It doesn't matter. The MYEC team is taking us beyond .10 OTCQX and on to NASDAQ. So I hope all the flippers here sell every last penny of their MYEC stock. Please do.
I can't wait to go to NASDAQ, these flippers have got to go!!!
This is how feel when people are selling or are doubting MYEC.
Thank you...
So Who is selling?
Let's try this again...
Question: Is it possible to take us back to the price range of 2008 with the current share structure?
Answer: Not the same, better
+PLUS+
"NASDAQ Powerhouse"
=Equals=
I'll let everyone else fill in the =Equals= sign. Clearly, there are some that need some tutoring and summer school.
God I wish I had some more powder to buy at this price. Done went through cleaning out my constipated stocks...just killing me..
I think people are abandoning PH0T and coming over to TTDZ. (Refugees)
No, I don't think so. I think we are in a weird phase right now with MYEC. We are post Annual Fins, which were a disappointment to some, (but if you look at the numbers, they are evident of a massive comback!). Peeps may be overdemanding on the Fins, and expect Q1 to be earth shattering. we are pre-mobile app release, and while we have had several new clients, they are small and unrecognizable to most people. Secondly, Ed mentioned that he would be attending Trasact14 conference, but we haven't heard on twitter or facebook as to whether he attended. He has hired Senior Staff, but some may be concerned that that is money out of the revs to pay for them.
What would breathe life into MYEC PPS, IMHO, would be a PR announcing a fairly recognizable client. It doesn't have to be a BIG name, it could be middle-of-the-road name, that we have all heard of, like a mortgage company, collections company, utility, etc. that is mandating the use of MyEcheck to replace the ACH method. Maybe even a couple of those, and we'd move solidly.
Right now with NASDAQ having a pity party on itself, PH0T being frozen, and MYEC being in a wierd limbo, this shakes buyers up too much.
I have no idea to be honest. Not that I'm saying that brokerages are fair, but MYEC is not really an MMJ stock, it's just that two of their clients are in the MMJ business.
I think it would be really moronic for some brokerages to throw a blanket on any stock that has even the slightest connection to MMJ.
We need snopes for IHub.
LMFAO! Did you see that? That fubared drop to .0002?
Boy, somebody screwed up LOL!!!
He didn't mention the DTC chill, I put that in there as it would fall under his responsibility. We know they are working on it as on Facebook Ed said they have retained an attorney for it.
No one knows why they have a DTC chill.
My favorite lines from yesterday's PR...
Our Company takes a giant leap forward with the additional of these outstanding individuals. Rod will take from me many of the day-to-day operational functions of the company, allowing those processes to be streamlined and managed by Rod. This also frees more of my time for more customer focused work."
The organizational structure:
Ed - Sales and Customer Integration, Support and Service
Rod - Administrative Initiatives (Uplisting/removal of DTC Chill/Technology Maintenance
Bill - New clients including international ones , Strategic Planning and Budget/Finance.
Several months back someone on this board emailed Ebay and asked them if they would offer MyEcheck as a payment method, the response was basically...NO.
So stupid...
Several months back someone on this board emailed Ebay and asked them if they would offer MyEcheck as a payment method, the response was basically...NO.
So stupid...
Also notice the value of PayPal on that list. PayPal is worth/was purchased for $1.5B.
Is MYEC worth more than PayPal?
OOOOH....YEAAAAAAAAAAAAAA.....BABY!
They are dead in the water,
Ebay is replaced with sites like Ali-Baba, Craig's List, Facebook, GarageSale.com, not to mention those deal dash sites.
Ebay is supposedly the anchor business.
The also own half.com which is a great site to get used books, but no one knows about half.com and most of the other sites they own.
Except you might recognize Skype, Bill Me later, and Rent.com
check out the list of all of their acquisitions.
http://en.wikipedia.org/wiki/List_of_acquisitions_by_eBay
It's too much to manage, they are too fat and they are going to have a heart attack.
Let's start planning their funeral.