MODiFYiNG LiFE
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"This POFS is overpriced at .0001"
At 3PM a Shareholder on FB will be visiting Rod Zalunardo, Senior Vice President and COO at MyECheck.
He will be discussing several shareholder inquiries & will report back, taking notes & possibly pics & vids.
MYEC
Should be back over .02 today
We are still way oversold
Every .000 stock is ALWAYS Waiting for the "Right News" that sends it up to multi pennies. Won't happen here though with this MASSiVE DiLUTiON
Would love to see proof of this.
Ameritrade is the only brokerage I use that funds aren't avail instantly.
Last time VFIN was on the bid, about 3 months ago & WE RAN LiKE CRAZY
Ameritrade doesn't show news since 7/10/14
Such as $MYEC Investors to Financial Freedom
We WiLL hit .02 today
V'Bros moved up to .02-.03
Could this be a SHORT SQUEEZE :)
$MYEC !
Green after being OVERSOLD for TWO WEEKS, TONS of UPSIDE.
V'Bros at .015
Time to FLY is NOW
VNDM on the bid at .0105 trying to buy back what they sold last week.
This is the sale of a standard Web Service, what Simplifile uses.
MyECheck Signs Freight Shipper to Electronic Check Services
Aug 18, 2014
OTC Disclosure & News Service
Folsom, CA -
MyECheck, Inc. (OTC PK: MYEC), the leading developer and licensor of electronic check services, today announced that it has entered into an agreement with MoveFreight out of Southern California to provide MyECheck Electronic Check Services.
MyECheck will provide MoveFreight with an easily implemented electronic check payment solution for their customers to pay them by check on the movefreight.com website or over the phone. The solution will save MoveFrieght costs associated with high credit card fees. Additionally, MoveFreight cited and the ease of use of MyECheck’s solution, making it simple for their customers to transition from credit card payments to electronic check payments.
“We are very pleased to have MoveFreight come aboard, we realize the pain associated with high credit card fees and cumbersome charge back procedures that hinder todays business’s. We are happy to provide MyEcheck’s safe, easy and secure solution that will save time and money.” Said Nate Wigle Sales and Marketing Director.
About MoveFreight: With established contracts with numerous common and independent carriers, MoveFreight can transport from 500 lbs. to truckloads, national, international, expedited or standard transit, reliably and at the most competitive prices, please visit www.movefrieght.com
About MyECheck: ?MyECheck Inc. is a leading electronic payment technology developer and payment services provider. MyECheck operates under license to US Patent 7,389,913, “Method and Apparatus for Online Check Processing” granted June 2008. The new patented payment method is the fastest, most secure and most cost effective method of processing payments in the US, and it works with the most people, businesses and entities. MyECheck provides comprehensive payment systems for all payment applications including mobile payments and the industry’s most advanced security and fraud control technologies. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions.
Please visit www.myecheck.com
Contact:?
?
Investor Relations: ir@myecheck.com?
Sales:
Nate Wigle: sales@myecheck.com
http://www.otcmarkets.com/stock/MYEC/news/MyECheck-Signs-Freight-Shipper-to-Electronic-Check-Services?id=86310&b=y
How dare the CEO let the shareprice drop, that's illegalz
HaHa
I'm expecting HUGE news prior to the AGM so Ed can congratulate all the LONGS for holding through the tough times.
According to this calculation Apple is only worth $1.28 Per Share so I'm not surprised that your calculation values MyECheck at .00003.
Maybe this will help with future stock valuations
http://www.fool.com/investing/beginning/how-to-value-stocks-introduction-to-valuation-meth.aspx
I'll give you a hint: If our net income were $10M as you describe then our Earnings Per Share would be .0024 meaning fair market trading value would be $0.25-$0.35 :)
Since we haven't booked $10M but rather $1.5M for Q1 & Q2 combined we can determine a fair market value based on Q3 & Q4 having the same revs with no further growth puts us at an annual revenue of $3M therefore an EPS of .0007 which would indicate a fair market value of $0.035-$0.063, Just Sayin....
That'd be the EPS your missing one crucial calculation to determine fair market value of a stocks share price.
Corporate Office
2600 E. Bidwell Street #140
Folsom, CA 95630
info@myecheck.com
Even day traders scrambled to buy at .01 Friday, it's the bottom & way oversold.
This drop wasn't investors selling its debt conversion, when it stops the PPS will quickly correct itself.
Surely that's not what you consider bashing is it??
Negative OPiNiONS will not affect the shareprice ;)
With a blindfold on :)
LoLzzz
The PrePaid Press EXPO 2014
Ed & Nate will be attending the conference 8/18 to 8/20 Mon-Wed.
"Nate and I are attending, we have a lot of meetings set up and we are looking for banks, partners and customers."
(Nate Wigle, Vice President, Business Development and CMO
Nate Wigle joined MyEcheck in May 2014. He is a veteran sales executive with over 20 years of B2B sales and sales management
success. He has credentials in marketing, sales and customer service management and training.)
Topics of Discussion:
Monday- tppEXPO Prepaid Summit
The State of Prepaid:
Opportunities in Prepaid Wireless:
Closed Loop (Gift Cards) and Open Loop (GPR) Cards:
Banks and Prepaid:
EMV Chip Technology
Prepaid Phone Calls:
Customer Loyalty:
Tuesday- The Financial Mobility Summit
The Real Mobile Wallet:
Wireless and the Prepaid Mobile Wallet:
The Mobile Bank Account:
When Gift Cards Make the Mobile Wallet
Mobile Payments Meet Verticals:
Stopping Mobile Payment Fraud in its Tracks
Click here to read to Full Conference Agenda:
http://www.prepaidpressexpo.com/conference.php
MYEC
TA Release the Share Structure last week....
Can you elaborate on the toxicity of anything disclosed in the report?
Spent a good hour reading every single word in this Disclosure Statement, it was written in great detail & answers many questions regarding the past, present & future of the company.
If you've the extra time it'd behoove you to read the entire report also.
MYEC
The last SEC filing for MyECheck is 10/5/2012 which is a 15/12G
Non SEC reporting companies aren't required nor can they file an SEC Form 144.
"MyEcheck was substantially reliant on these agreements for its business."
Recurring Payments:
There are a great number of companies that need to process recurring and semi-recurring payments. The basic solution is a batch process that generates a host of e-Checks drawn on the end user accounts and deposits them to the vendors’ bank account.
The end-use bank data is provided to MyEcheck from the vendor/merchant via a standardized file upload or via a vendor/merchant direct web data entry method (API type link between MyEcheck and vendor/merchant web site). Each time a vendor/merchant billing needs to occur, the vendor/merchant will upload the standardized e-Check file and provide a date for processing. This process is via the secure MyEcheck website.
Great Recession
When the effects of Great Recession of 2008 and subsequent bank closures began to be felt, MyEchecks’ business—like many others—was negatively affected. In January 2010, First Regional Bancorp was closed by the Federal Deposit Insurance Corporation and acquired. The new parent company elected to discontinue the former banks’ partnership with MyEcheck. MyEcheck experienced a downturn in transaction volume and a reduction in revenue through 2012.
Ed's response to app launch delay posted on FB 2 minutes ago.
"Yes, we have been delayed on our mobile app launch due to a bank integration between one of our partners and their bank. The bank relationship they had when we partnered with them turned out not to be capable of what they need so they switched banks at the last minute. We are working with other partners and banks, and the original partner is still expected to be able to provide the services we need. We have used the opportunity to improve the app and selli our web services. I will announce by PR when the apps are uploaded to Google and Apple, hopefully very soon."
MYEC
SEC Form 10-12G will be filed shortly after the audit is complete. The 10-12G is very detailed & lengthy, over 380 pages for Bill Delgado's other company.
They have been preparing ahead of time on the form 10 what they can prior to audit completion, once filed it should post immediately to OTC Markets for all to view, how many Amendment Form 10-12G/A's must be submitted will ultimately determine when we will become fully SEC Reporting, if the original form is without errors we will be upgraded to fully reporting audited status within 2-4 weeks.
$MYEC
MyECheck
Ed's intentions for the PrePaid EXPO next week.
Q: "Can you elaborate on the PrePaid EXPO that your going to next week? Will MyECheck have a booth or speaking? I'm guessing you will be there to look for possible contracts & partners also. Any info would help greatly, thanks."
Ed Starrs: "Nate and I are attending, we have a lot of meeting set up and we are looking for banks, partners and customers."
Allowing us to recuperate isn't for us, it's for them... There's a such thing as Toooo much blood in the streets :)
Otherwise they won't have the same heavy bid support until .007-.008
MYEC
I believe they backed off as to not take away all shareholder dignity into the weekend after such a rough week.
They have dumped harshly while constantly watching L2 to take out every nice bid above .01
Even last week we battled with VFIN from .012-.017 then Friday they stayed off the ask the entire day to let us recuperate after taking such a beating.
Without Ed giving them news to bring in more buyers VFIN is left doing what they can to leave current buyers with confidence & hope so they can quickly transfer shares to market.
MYEC
We've traded 300M shares this week alone, most from VFIN, VNDM & AYME.
This could be the last of what's left or they're saving a small stash for higher, next week will tell all.
MYEC