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Actually what matters is that it is impossible to conclude that 30,000,000,000 times 6 cents equals $30,000 and there is no law in America that you can site that supports that conclusion.
JRW
Much love but you are wrong. Impossible to conclude since if Greenpay had nothing, then how do you get past the fact that Greenpay was bought for $1 million. Who did the independent valuation?
You're also concluding things regarding Seergate which may be guesses. Did the auditor's do a site visit. If not, you're already stretching on thorough. Once again, who did the independent valuation?
Perfectly get it. Cheung's fault. Fast Eddie is relieved of all obligations. Can Fast Eddie supply us with his court schedule?
Actually doesn't matter when they learned about it. Read the lawsuit. The audit opinion is a living, breathing document and the auditors have an obligation to correct the opinion if it is not correct regardless of when they find out facts which would make the audit opinion false.
That ACTUALLY may be true and Mark decided to get out of Dodge while the road is still open.
I'll let the judge decide what laws have been broken.
I lose track at 3,000,000,000 times 6 cents = $30,000. Maybe someone can explain what law that calculation is based on.
If I was Mark Cheung, I would find clients that can pay their bills, not like Fast Eddie.
Can anyone post Fast Eddie's court schedule?
Penny:
Strong suggestion to read the lawsuit. If the alleged wire transactions to real estate title companies are true and a common sense conclusion is that there aren't many wire transactions for $300,000 in MyECheck's bank accounts based on the financial statements, then you can conclude anything you wish. I conclude that it is quite difficult and almost impossible not to find the real estate.
Think about that.
I would suggest that you watch the developments in the lawsuit very carefully. Keep us updated.
In terms of Rodriquez attorney and the MyECheck lawsuit, I can say that at least Rodriguez pays his attorney bills. Fast Eddie may actually want to rehire Tony and get a lesson on how to pay bills.
MyECheck Allegations Continued
No employees of Greenpay LLC when they were acquired by MyECheck = Plenty of Evidence
Defunct Company in Nevis = Plenty of Evidence
Valuation of shell company purported to be $1 million when acquired = Plenty of Evidence
MyECheck Allegations
30,000,000,000 times 6 cents = $30,000 = Plenty of Evidence
Real Estate Owned in 3 States that is not on the financial statements = Plenty of Evidence
No site visit to investigate whether a company existed = Plenty of Evidence
Bruce Smith's September 23rd email which apparently is still on a Gmail server until this day showing Zalunardo's vested stock = Plenty of Evidence
A phone conversation and an email conversation with a former director of MyECheck who asserted material omissions = Plenty of Evidence
Paperwork from Wyoming LLC = Plenty of Evidence
Deeds = Plenty of Evidence
In my opinion, little or no revenues will be generated for MyECheck from the African speculation and the real estate is the play.
Real estate spanning 3 states, not bad!!
Since I know more about this company than most, I would agree. Seergate was a legitimate entity. MyECheck employees actually spoke to humans from Seergate. What a concept?
I would also suggest that when you search them on Google, it is fairly obvious that most of the search results have to do with MyECheck. Therefore and unless you've been to Nigeria lately, we can both fairly conclude that this is a tiny company.
It is also telling that there are no management bios. Zero. If this was the company that was going to save the world with MyECheck, you should at least find someone that is qualified to do so working for them.
Thank you for your question.
Sir, I couldn't tell you. However, people thought Greenpay and Sierra Global also had a lot of employees. That turned out to be false.
I have not been to Nigeria lately so I could not tell you. Unless you have, I wouldn't trust any answers you've been given.
That is my opinion.
I can't. One of the things that I have learned in business is that you need a support staff and I believe MyECheck currently has 5 employees or less.
If you look at the CEO's background coupled with zero infrastructure, a major or even a small bank is a pipe dream
What I love about this Seergate stuff is that along with the real estate, the company is now worth about $4.2 million. $4 million for the real estate and $200,000 for the latest.
Market value of MyECheck is $4.2 million.
Less TCA
Less John Fife
Less Sameer Hirji
Total value $3,000,000
That is great news! At least it's not zero like a lot of pinkies.
Plutus. You should be CEO of MyECheck to straighten out this mess.
Plutus
I can't wait to all the truth comes out. It's coming brother!!
Exactly when did you know that Sierra Global LLC was not a legal entity?
WOWWWWW
You don't need current registration to own properties.
WOWWWWW
BTW, I have a better MYEC drama.
WOWWWW. Why didn't you break the great news. When did you exactly know that the LLC was defunct because it didn't pay bills.
WOWWWW
Can we have a fair discussion?
WHO THINKS ED WAS EVER TO NEVIS?
MyECheck Yeah Baby it's Go Time.
Yeah Wow Cool.
Go Eldad GO
It means absolutely nothing and that is why they didn't take care of the titles because they are no longer in business. How nice of them to take care of the debt owed to Tangiers shortly after they were formed.
Matt Hansen's names are nowhere on those documents because Matt Hansen doesn't exist.
Wow, so they go out of busines but still own Greenpay, the Greenpay that owns the real estate.
We have to do a better job than that. At least in the past, it made me laugh.
Can someone please enlighten me on a serious question. When we hear that Seergate posted or announced on Facebook and besides Eldad, what else does Seergate consist of? Does Seergate even have a payroll? Unemployment insurance account?
I noticed this morning attributes of a setup for a stock dump related to toxic notes. Usually takes 2 trading days.
They should call it "Fast Eddie". If you have an open mind, it kind of rings and humanizes the travesty at the same time.
Can MyECheck open an LLC and name it Bank of Nigeria and sign an agreement with them?
The only truth that is associated with the fact that there is no evidence to support the allegations is that according to the lawsuit, the lawsuit never alleges Ed opened a bank account for Sierra Global.
It MAY just turn out that Sierra Global has no bank account.
Africa didn't work. On to Ecuador.
Of course, doesn't make sense to get on a plane from Spokane to Reno and to go to the county office and see the records. Of course, that wouldn't make sense. Maybe the plaintiff knows the truth and nothing but the truth.
Problem is when you write junk music, you can't afford a plane fare.
MyECheck Due Diligence
It doesn't make sense to take a plane from Spokane to Sacramento or Reno to find out the truth.
Now why would we be interested in the truth.
We of course have no interest in contacting the counties and getting a certified copy which costs about $30.
Fast Eddie and his scanner. Realized that a long time ago. And then Fast Eddie highlights what he wants but completely ignores the September 23rd email which he was a recipient and the wire transactions.
Ignores that part.
Blahhhhhhhhhhhhhhhhhhhhh!!!!!
The CoverUp, not the Denial
If you've ever seen a kite take a nosedive, that is what the Greenpay spinoff will look like.
Once someone takes the real estate, not much left.
Unless you would like to bid on Eldad?
Ok, I'll start.
Do we hear $300. $300 going once, twice.
Sold to that guy in the back.
As a shareholder of MyECheck, I have always wondered why people want to immediately deny the ownership of the real estate.
Doesn't this increase shareholder value? Please explain any alternative theory?
It's a fair question?