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Willing to give it time but yes that's key.
NTN support on bid is up from yesterday.
Looks like lower on my L2, around .59
See we have a little bounce on NTN
I'm in
Nice call Slingwing!
Been scaling into NTN the last two days
I think Swing is on to something here
Closing nice!
LC holding strong here as well!
Watch INVA and SNEY
MFST announces they are now MMJ
MFST .1629 and getting thin.
MFST .16 hitting
Thanks Swing
MFST .14 hitting
MFST looking good, alerted at .1228
MFST alerted at .1228
MFST looking good and thin as well.
Added here as well.
MFST 10 million float, MMJ, PR's, going to move higher over next week.
MFST on high alert. Going into MMJ!
Check your PM
PAL up 3%
MYEC News
MyECheck to Provide Fully Electronic Check Services to VX Gateway
MyECheck to Provide Fully Electronic Check Services to VX Gateway
EL DORADO HILLS, CA--(Marketwired - Apr 4, 2014) - MyECheck, Inc. (OTC Pink: MYEC) (PINKSHEETS: MYEC), an electronic payment solutions provider and the leader in fully electronic check technology, today announced that VX Gateway, a provider of global payment services and technologies, has signed an agreement with MyECheck for fully electronic check and related services.
VX Gateway Inc. is a global electronic payment company expert in secure, real-time electronic monetary transactions. VX applies its proprietary VX Cloud Payment Framework™ which is a Real-Time Gross Settlement system that coordinates cloud computing with jurisdictional banking frameworks to provide real time and secure payment processing (including multi-currency transactions) to governments, financial institutions, businesses and consumers, at reduced cost.
MyECheck will provide electronic check services to facilitate real-time straight through processing transactions on the VX Gateway system, in addition to e-wallet account funding and other transactions. VX Gateway offers a large number of payment products for a wide range of customers globally.
VX LOOP account is an International Bank Account Number (IBAN) generated in the VX Cloud Payment Framework. VX LOOP account controls global routing and settlement in seconds using the VX closed loop real time gross settlement system. VX LOOP currently provides multiple currencies between all VX LOOP accounts. Unlike banks, VX LOOP is available 24/7/365.
VX Remittance is the global electronic remittance gateway that pays anyone anywhere in the world in multiple currencies and languages. VX Remittance is available between all VX LOOP account types Government, Financial institution, Business, Merchant and Personal.
Ed Starrs, CEO of MyECheck, commented, "VX Gateway provides opportunity for a large volume of transactions on our system, and puts us into new markets. We expect to go live with services for VX gateway within a couple of weeks."
About MyECheck
MyECheck Inc. is a leading electronic payment technology developer providing a new electronic payment method that is replacing cash, paper checks, credit & debit cards, and ACH "e-check" payments. MyECheck operates under license to US Patent 7,389,913, "Method and Apparatus for Online Check Processing" granted June 2008. The patented new fully electronic real-time 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:
Ed Starrs
Investor Relations: ir@myecheck.com
Sales: info@myecheck.com
Swing did you see this article?
SEC Obtains Asset Freeze Against Promoter Behind Microcap Stock Scalping Scheme
FOR IMMEDIATE RELEASE
2014-52
Washington D.C., March 13, 2014 — The Securities and Exchange Commission today announced fraud charges and an emergency asset freeze against a promoter behind a platform of affiliated microcap stock promotion websites.
The SEC alleges that John Babikian used AwesomePennyStocks.com and its related site PennyStocksUniverse.com, collectively “APS,” to commit a brand of securities fraud known as “scalping.” The APS websites disseminated e-mails to approximately 700,000 people shortly after 2:30 p.m. Eastern time on the afternoon of Feb. 23, 2012, and recommended the penny stock America West Resources Inc. (AWSRQ). What the e-mails failed to disclose among other things was that Babikian held more than 1.4 million shares of America West stock, which he had already positioned and intended to sell immediately through a Swiss bank. The APS emails immediately triggered massive increases in America West’s share price and trading volume, which Babikian exploited by unloading shares of America West’s stock over the remaining 90 minutes of the trading day for ill-gotten gains of more than $1.9 million.
According to documents filed simultaneously with the SEC’s complaint in federal court in Manhattan, Babikian was actively attempting to liquidate his U.S. assets, which he holds in the names of alter ego front companies. He was seeking to wire the proceeds offshore. The Honorable Paul A. Crotty granted the SEC’s emergency request to preserve these assets by issuing an asset freeze order.
“The Enforcement Division, including its Microcap Fraud Task Force, is intensely focused on the scourge of microcap fraud and is aggressively working to root out microcap fraudsters who make their living by preying on unwitting investors,” said Andrew J. Ceresney, Director of the SEC’s Division of Enforcement.
“By obtaining today’s emergency asset freeze, we have thwarted Babikian’s attempts to liquidate and expatriate assets that should be used to return his ill-gotten gains and pay appropriate penalties,” said Stephen L. Cohen, Associate Director of the SEC’s Division of Enforcement in Washington, D.C.
According to the SEC’s complaint, America West’s stock was both low-priced and thinly traded prior to Babikian’s mass dissemination of the APS e-mails promoting it. America West’s trading volume in 2011 averaged approximately 15,400 shares per day. There was not a single trade in America West stock on Feb. 23, 2012, before the touting e-mails were sent. However, in the immediate aftermath of Babikian’s e-mail launch, more than 7.8 million shares of America West stock was traded in the next 90 minutes as America West’s share price hit an all-time high. Absent the fraudulent touts, Babikian could not have sold more than a few thousand shares at an extremely lower share price.
The court’s order, among other things, freezes Babikian’s assets, temporarily restrains him from further similar misconduct, requires an accounting, prohibits document alteration or destruction, and expedites discovery. Pursuant to the order, the SEC has taken immediate action to freeze Babikian’s U.S. assets, which include the proceeds of the sale of a fractional interest in an airplane that Babikian had been attempting to have wired to an offshore bank, two homes in the Los Angeles area, and agricultural property in Oregon.
The SEC’s investigation, which is continuing, has been led by Andrew R. McFall, John P. Lucas, Robert W. Nesbitt and supervised by J. Lee Buck II. The case will be litigated by Matthew P. Cohen and Michael J. Roessner. The SEC appreciates the assistance of the Quebec Autorité des Marchés Financiers, Financial Industry Regulatory Authority, and OTC Markets Group Inc.
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Ok now I know why my shares are up today.
Watch UEC think she may bounce.
Grabbed some at .043
SwingKing sold my WDAS at .049 for about 230%
Sharebuilder transferred my positions, HFBG is last one left.
I think good days are coming for WDAS, think we break a nickel or more very soon. The website is just the first step, news expected very soon.
WDAS website goes live in 6 hours and 34 minutes. I'm up 124% and it hasn't started yet.
Missed KIOR still holding PAL and UEC though, working a few pinks for now.
15 days and back to concentrating on trading.
Hey Swing what's going on? Just checking in!
Nice day, another 60%.
Holding my UEC and some PAL though. My Sharebuilder transfer to Schwab is now at the point where they took the transfer fee and froze the stocks. I'm strictly trading Fidelity until transfer is complete. Have to be ready for a HFBG if the shares start moving.
Yes you don't want too many of those, we know how that usually works out.
WDAS a little slower but could be a nice play if all goes as expected.