MODiFYiNG LiFE
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I would never ever have to sell if Ed declared a dividend :)
We all know this will happen in time.
My last recollection of VFIN on the bid was when we had a temporary dip under .03 from .05, VFIN was on the ask at .03 then news hit or Ed spoke & VFIN was on the bid helping to push us back over .04. This was back in around May.
VFIN would have to buy back 100M+ shares & I've not seen VFIN on the bid at all meaning it is debt conversion or if what your saying (NSS), VFIN will not cover until .01 which I highly doubt they would risk the penalty as the last 2 months of selling is 90% VFIN which would easily be traced as manipulation if we all watched VFIN start buying tens of millions of shares at a time after pushing us down that far.
MYEC
Many of us are also invested in other stocks, wouldn't be wise to go All In on any stock no matter how undervalued. I believe the ones saying they will be buying more as the price goes down will be taking profit out of other investments to load up more MYEC. Not to mention many including myself still work full time which allows weekly purchasing of more shares no matter the price, the lower it goes the more we can buy, we believe these dips no matter how low will only be temporary so are not phased by the downtrend. The best thing we can do is keep the shareprice low enough that we can attract new investors to consume the last bulk of shares that VFIN has for sale from the final debt conversion once & for all then shareholders can regain control of the shareprice.
Ed knows we must soak up all the financial lenders shares before we attempt to pass 10 cents to uplist hence why he is allowing the drop, we would need 5-10x more investors than we have now if we try to uplist while VFIN is selling at 10.
IMO
$MYEC
Ed's response to yesterday's PR
"Apparently we misunderstood Simplifiles intent, they approached us with a much larger volume commitment, we gave them a new contract and price based upon much more transactions. Im sorry they didn't like the PR"
All I see is "much larger volume commitment, we gave them a new contract and price based upon much more transactions"
We should be able to gauge how many of those 400M shares are left since VFIN hasn't been on the bid buying shares for the last 2 months.
Buy the Fear!!
Thank you Bear!!
MYEC
Your right, it's not even on OTC MARKETS.
Bill is now looking into why the news did not appear on eTrade, Ameritrade & iHub.
It might be resubmitted using a different news wire.
1.5M shares sold at .0239 but the LOD is still .024
Selling below the bid, This is what I'd call manipulation
Simplifile is a big well known company "if" you work in administration as a Doctor, Attorney, Lawyer, Landlord, Real Estate, Litigator, Paralegal, etc...
They are the largest, fastest & the leader in what they do, that equals a BIG WELL KNOWN Company IMO.
MYEC
Just sent Bill an email letting him know news is not showing on Ameritrade, eTrade, or iHub.
Will let you know if I get a response.
Ameritrade has not posted the news either
The biggest difference sounds like unlimited pages can be sent at one time. The businesses Simplifile caters to often need dozens or even hundreds of pages reviewed & recorded per process.
I used a similar service when purchasing a house recently, Simplifile simplifies the process of having to sign dozens of documents, something that would be a hassle to accomplish via email.
The best part is Simplifile never deletes the documents so both parties always have access, emails can get lost & accounts get hacked & eventually deleted.
$MYEC: Aftermarket News with tons of great advancements in the pipeline.
Soon to be released MJ-Pay & P2P mobile payment apps. Q2 Financials showing growth, last QTR all debt paid off.
Becoming Fully SEC Reporting in August/September. Audited financials for last 3 years by Aug 15th. Uplisting to OTCQX.
Today's aftermarket news, http://online.wsj.com/article/PR-CO-20140716-910648.html
The current shareprice has shown tremendous support if your looking for a long term investment.
$MYEC Aftermarket News!
Bottomed out chart with tons of great advancements in the pipeline.
Soon to be released MJ-Pay & P2P mobile payment apps. Q2 Financials showing growth, last QTR all debt paid off.
Becoming Fully SEC Reporting in August. Audited financials for last 3 years by Aug 15th. Uplisting to OTCQX.
Today's aftermarket news, http://online.wsj.com/article/PR-CO-20140716-910648.html
The current shareprice has shown tremendous support.
It's a green light to MJ-Pay, I believe this is what MyECheck was waiting on.
We were never 100% sure if MJ-Pay could bypass the legalities associated with marijuana banking so this opens the door for us regardless.
MyECheck will still be the household name when it comes to mobile payments the next time your in a dispensary.
MyECheck Announces New Agreement to Expand Business with Simplifile
Folsom, CA / ACCESSWIRE / July 16, 2014 / MyECheck, Inc. (OTC PKINK: MYEC), an electronic payment solutions provider and the leader in fully electronic check technology today announced that has entered into a new agreement with Simplifile, LC, a current MyECheck customer, to dramatically increase the transaction volume that MyECheck processes for Simplifile.
MyECheck's fully electronic check service allows Simplifile to collect payments from customer accounts that cannot be debited by ACH, such as certain escrow accounts and government account. As a result of using MyECheck's technology side by side with ACH, Simplifile has decided to convert their business to MyECheck's fully electronic check service, replacing ACH.
Under the new agreement, Simplifile's fee structure has been brought in-line with current MyECheck pricing, which will help Simplifile support a large scale transition to MyECheck's services.
Ed Starrs, MyECheck CEO commented, "We're proud to have gained the trust of a long term customer, that we can help them grow, and that they recognize the benefits and value of MyECheck services over ACH."
About Simplifile: Simplifile is e-recording made simple. Since 2002, Simplifile has spearheaded the development of the e-recording industry, growing the largest e-recording network in the nation...with the happiest customers.
Simplifile's team, products, and e-recording services are second to none. A straightforward, secure delivery liaison between counties and document submitters, Simplifileprovides an easy-to-use online service that speeds up the recording process, saves time and money, and makes people smile along the way.
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
Forward-looking statements in this release are made pursuant to "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the SEC.
Contact:
Investor Relations:
ir@myecheck.com
Sales:
Nate Wigle
sales@myecheck.com
SOURCE: MyECheck, Inc.
http://online.wsj.com/article/PR-CO-20140716-910648.html
Basic Simplifile accounts cost $395 a year, plus a fee of $5 for each document. It offers discounts to attorneys affiliated with certain title insurance companies, which can drop the annual account fee to $295 and the document fee to $4.50.
Simplifile charges a simple, per document submission fee once your document has been stamped and recorded by the county.
SimpliFile has 51-200 Employees, 83 of their employees have a LinkedIn account.
https://www.linkedin.com/company/simplifile?_mSplash=1
Simplifile provides innovative, simple, and secure electronic recording services via the Internet. Simplifile’s customers include title companies, banks, attorneys, lien filers, and county and state government jurisdictions. Simplifile’s electronic recording services accelerate document recording and simplifies the recording process while reducing the costs associated with traditional submission and recordation methods.
With more than 1,000 counties across the nation in the Simplifile e-recording network, Simplifile is focused on building the industry’s de facto electronic recording network. As such, Simplifile provides a streamlined and scalable approach to electronic recording tailored to organizations of all shapes and sizes. For more information on how Simplifile can benefit your organization, visit simplifile.com or call 800-460-5657.
Specialties
E-Recording, Recording, Land Records, Electronic Recording, Lien Filing, Software, SaaS, Satisfactions, Releases, Liens
Website
http://www.simplifile.com
Industry
Computer Software
Type
Privately Held
Headquarters
4844 North 300 West, Ste. 202 Provo, UT 84604 United States
Company Size
51-200 employees
Founded
2000
MYEC
MyECheck
This is just one example of institutions investing in a non SEC reporting pink sheet stock with unaudited financials.
http://www.nasdaq.com/symbol/myec/institutional-holdings
As soon as GRCU files decent financials it may attract several institutions willing to take the risk also.
Lets see how long VFIN & VNDM stay above .03 today.
Or are they just switching to AYME to hold us down now?
Institutions do in fact invest in Un-Audited pinks.
GRCU may soon be one of them, they just need see that Green Cures management is going to push the company to its fullest potential.
"Businesses eligible for Next-Day Settlement program have already received notifications informing them that they can opt in."
If you didn't receive this notice then you are not eligible, Any business can have next day settlements with MyECheck. PayPal still charges 2.9% (no max) + $0.30 per sale transaction compared to MyEChecks 1% ($5 max)
Transparency Before Share Price
Over a QTR Million $$ in volume so far & anticipation for app release is building. Even though all accumulation was on the bid we are getting stronger as the V's run out of shares.
Bet we get a FB post from Ed tonight regarding the apps.
Awesome, MYEC will be Fully SEC Reporting!
This will verify MYEC's legitimacy to those Multi Millionaire Investors, OTCQX is closer than we think. After we uplist we can attract institutions, there are many on the sidelines waiting as there's already a couple institutions who have already taken the risk of investing here as an unaudited pink sheet.
If GRCU is legit nobody should worry about the SEC. If there is obvious manipulation by a market maker that can easily be fixed by submitting complaints.
There were a couple stocks this year that we've contacted the SEC about due to an MM painting down the shareprice with 100 shares after every single buy, it went on for months until they received enough complaints to check it out, they put a stop to the manipulation & the tickers are still trading manipulation free.
$24,000 on the BID
Investors calling .024 the true bottom
.02 looks like a pipe dream now
MYEC
Investors would need some documented proof that change of ownership has taken place.
(To lessen future inquiries)
Thinking maybe Ed thought it was safer for the longevity of the patent to be in his name. During that timeframe Ed probably wasn't too sure of MyEChecks long term future, if a hostile takeover had occurred would Ed be able to recover the patent if it were assigned to MyECheck even though Ed was the inventor?
It generally takes less than 2 years.
That means it was denied because there was already a patent describing his method.
We got the main eCheck patent is what's important.
His other patent is still an application, the one in use now has been granted.
See the "Publication Type"
The SEC has warned investors not to purchase TCHH. That's why the status is Caveat Emptor (Skull & Crossbones on OTC)
http://www.otcmarkets.com/stock/TCHH/quote
More importantly what is WNTR's EPS (Earnings Per Share @ 0.00009)
Read the email word for word, Bill is simply saying they will be done on time & will be avail for viewing in a Form 10, not the actual 2nd QTR report.
https://www.twitter.com/MLNardone/status/488822564039311360/photo/1
Any transactions you can do from the app you should also be able to from a PC at a later date after app release. This would be very beneficial as any device with an Web/Internet connection could take advantage of paying & sending money faster & cheaper.
Ed should create a website specifically for web P2P payments such as www.MyPay.com (this site is for sale) so I will let Ed know if he's not yet aware.
MYEC
Software development (especially ones handling funds transfers & bank accounts) are almost impossible to create from scratch, safely & secured in a short amount of time (unless you have millions to pay to have it done on short notice), a deadline should have never been given.
Too many of us think that it's "Just an app", I for one would need to know 100% that the app can't be hacked & I won't wake up with Millions of Dollars :) missing from my bank account
It sure will :)
(If they are recorded) I would like the video of the 1st infringer taken to court to keep as a collectible.
Not a PR blitz but an advertising campaign for the apps after release. PR's would only raise awareness for investors, we need national awareness to help MyECheck become a household name then the investors & shareprice will follow.
I'm hoping for the apps release this week, the end of next week at the latest.