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After hours
Maybe even late to burn shorts.
Not only that, some people have such a shorty attitude. They can't think long term or big picture, they just wanting to know when the best time is for them to sell next.
Anybody panicking on the drop to 7s?
%itch pleeeeeeease....
LIKE!
Uh...Don't know what to make of this...
Two Thirds of JPMorgan Chase’s and Bank of America’s Mobile Traffic is ‘Mobile-Only’
http://www.bankinnovation.net/2013/03/23-of-jpmorgan-chases-and-bank-of-americas-mobile-traffic-is-mobile-only/
could be REALLY good for MYEC.
Yeap, we're going to see the Chase & BOA customer account revenues.
While I can't put a number on tomorrow, I'm liking the $20M prediction.
Ed knows what he's doing. Everything he has lined up,all of the PR's, the Facbook Page, revival of Twitter, OTCQX upgrade, points to a good Q4 Financial report. Why? because it's part of the goal to get to OTCQX. They have to be good to take us to higher and closer to OTCQX.
Secondly, he had to get $ from somewhere for QTS and a new CFO as well as an outside audit form. Sounds like a lot of money to me.
I agree.
I hold on to my position that it will exceed the $150.00/share that it was reported to have in 2008.
The Myecheck product, is too big, too expansive, too in demand, and too far reaching for it not to.
After hours tomorrow would seriously burn the shorts!
Remember this?
Watch carefully the last superhero is aptly named.
Ha! I was at the gym the other day and Cramer was on one of the overhead TVs there interviewing some CEO. In my mind's eye, I replaced that CEO with Ed Starrs and imagined everybody on the board losing their shit at PPS Kaboomage and becoming kabillionaires.
Yes, think bigger! Ed has held onto this company through complete disaster and threat of hostile takeover! He knows what he owns!
I agree. Let the man do his job. He knows what he is doing.
We can't conceptualize what 100M is. If we apply the 1% fee, if every transaction was only $1.00, that would mean $1M/month for Ed from each client.
So we could look at a minumum of $3M per quarter from each client.
The mystery is, we don't know his licensing structure, so he may forego the 1% fee, if the client purchases a full license. I would say such a license for a 100M/month processor would be about $10M with 20% each year for annual renewal = $2M/yr
(I used to do software licensing, so these are well educated guesses)
My position is that he has had these Chase, BOA and other bank customer accounts for a longer time that we are aware of, and has been processing without necessary PRing it.
He had to get money (and processing volume) from *SOMETHING* to justify QTS.
Thank you....!
ABSOLUTELY! Ed knows this, he would not even attempt to suggest that we "might" uplist to OTCQX unless he KNEW he could do it.
He will give us a cushion, why would he want to white-knuckle the uplist process?
Look for .20-.25 to come quickly.
Feb 19, 2014
MyECheck is now successfully using the new platform to deposit real time electronic payments into customer accounts at Bank of America, Chase, and many other banks.
How many customer accounts do you think MYEC is processing for in each bank as well as the "Many other banks"?
How long has Ed been doing this for these banks? this was predicted MONTHS before this PR.
What the hell does MYEC need big jacked up servers at QTS for?
Where did Ed get the money to pay for QTS and a new CFO?
I think Monday will be mind blowing.
Article from the UK about Mobile Payments in Japan.
We aren't there....yet...we still like our debit/credit cards, but I believe lower fees and instant transfers will take us there.
I can load up to £400 on the phone – small change by Japanese standards – and check my spending on screen at each swipe. Top ups can be made online via Visa card or using cash at one of Japan's ubiquitous convenience stores. Feeling thirsty on the platform, I'm able even to persuade one of Japan's omnipresent vending machines to cough up a coffee using my phone.
http://www.telegraph.co.uk/finance/personalfinance/consumertips/9108386/Across-Japan-with-just-a-smartphone-for-money.html
GOOD FIND!! woohoo!
Mine finally loaded but broken pics and links.
Yes, Ed has been very busy! He had to have money in the bank to be able to pay all of these developers, QTS, CFO, etc.
Anyone who thinks the Fins are going to be weak either isn't paying attention, or is a basher.
Kerchunk, Kerchunk, Kerchunk..
6:21 PM still loading. Could be quite an awesome sign!
EXCELLENT POINT!
Quite awesome picking that up I bow before your greatness!
Okay, I'll play "let's speculate"
7/11
Walmart
Kmart
Drug Store Chains - CVS/Walgreens/Rite Aid
Wireless Carrier stores (T-Mobile, Verizon)
Apple
Best Buy?
Western Union/Moneygram stops (Walmart/Gas Stations)
What do you think? I bet it's Western Union/MoneyGram partnerships.
Yeap, I do too!
This is not some mobile app you can get from the apple store or google play.
This is a BANKING & FINANCE stock!!
Unfortunately we are still in Pinky Land. That's why we have MM games along with a peanut gallery of flippers and bashers.
While the bashers at least provide entertainment, the MMs stick it in you.
I'm glad we didn't end at .0666 because all the superstitious people would be selling.
Thank you, now imagine that it's the same with people GLOBALLY (ie: Sierra Global, LLC)
Get right people!
JUST REMEMBER...
Everything you do has a transaction behind it.
Yes EVERYTHING.
Are you on your PC right now looking at IHUB? How did you pay for Internet Access and IHub Access? ACH? Debit/Credit Card?
When you got up this morning and turned on your lights, how did you pay your electric bill? ACH?
Coffee? With Cream/and or sugar? How did you buy those? Debit/Credit? Cash? Check?
Could you use your phone at the grocery store and have them scan a QR Code backed up by MyEcheck? Isn't that the mobile app that MyEcheck is working on?
How do you pay your water bill? Sewer bill? Yes, I'll say it again, you can't even take a whizz or a dump without a transaction behind it.
Breathing? Isn't that free? I don't know, how did you pay for your Heat-A/C ?
Get right people, MyEcheck will be your one-stop shop for instant payment without waiting overnight or several days for it to clear.
Merchants want this! They don't have to pay the credit card/debit card fees or wait for ACH to clear.. come on..
Yeap, I've been here since May 2013. This was my first Penny stock. My first by was at .0035 and then right after than it went down to the .0020s and my account looked like a murder scene.
I am amazed at how people can't wrap their heads around what MYEC offers.
oh yea, me too...
Fear - that's what all the sells are, pure fear.
Flipping Flippers Flipping.
Right on! Don't give the shorts any of them!!!
Going Global.
Underestimate this excerpt from today's news at your own Peril.
DO NOT DISCOUNT THE IMPACT OF THIS CAPABILITY
Sierra Global LLC is a provider of custom banking software solutions to non-US banks to enable US commerce outside of the US.
This is NOT just so people in 3rd world countries can load their pre-paid phone cards!
This is BANKING people!!!!
MYEC is so huge, it is difficult for people to wrap their heads around it. Too bad for them.
15. Bank of America Customer Transactions
16. Chase Bank Customer Transactions
Think about this..
Everything you do requires a transaction. If you are sitting at home right now, you had to pay mortgage/rent, gas/electric, cable/internet/phone, water/sewer (yes, it costs to take a dump) How many of these were ACH? How many were Debit/Credit?
Driving in your car? Gasoline, Insurance, Registration, Maintenance, Tickets, Tolls, Parking.
Eating a little dinner? Groceries/Take Out. Did you use your Debit/Credit Card?
We know MYEC will replace ACH, but with the mobile apps, use of QR codes or other technology via your smartphone will become more widespread.
Who wants to use ACH and Debit or Credit cards anymore? MYEC is highly competitive against those forms of payment. Imagine if MYEC got 1% of every transaction you did in a month, how much would that be?