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I think that is illegal, it's a public company, that is shareholders' money.
I'm not sure in the USA, but is this kind of shares offering with ridiculous price discount legal or common in the OTC ?
It is obvious MYEC keeps on laundering shares through the issue of these convertible notes, they actually don't want any revenue for the company, it is a fraud.
If you feel the company being misrepresented, provide your reasons and not just say "disagree", "not correct", or "wrong".
But NOT with that kind of $40,000./$700,000. dilution. It is illegal if you borrow $1.0 and have to pay back $17.5
One very obvious interpretations:
If there are revenues being produced, why the CEO would issue those super toxic corruptive convertible notes? or not redeem those notes with revenues produced?
Sigh...Mr. Time has told you many many times.
Apps that cannot produce revenue = useless or junk apps.
My boys' toy cars are also working very well, and they are "using" them everyday.
The CEO himself admitted the apps are not ready, what's the purpose to post these redacted images?
Can you elaborate what is the "growth" you have seen in MYEC, except the float and the toxic debt holders' bank account?
AApl launched Apple Pay in China, MYEC launched an international website (with translation)...lolzzzzzz
http://9to5mac.com/2016/02/17/apple-pay-china-3/
Endless toxic corruptive dilution will definitely extremely solid happen.
We'll see 0.005 close to April.
Next week will go back to sub-penny.
Potentially, a company with this financial condition and no revenue will go BK.
No need for links, because it is easier to rob shareholders here.
It's much easier to rob shareholders in OTC or pinky land....hahahahaha
Yes, the Foundation has nothing to "launch", so they launch web-site, same as MYEC.
An "international" web-site with translations.... lolzzzzz
MYEC has no product to launch, they launch a web-site.... hahahaha
I hope you can understand, a web-site is only a basic tool of a company no need to hype about, do you see other normal companies hype and celebrate the "launch" of their web-site?
No revenue, only toxic corruptive dilutions, this company is falling apart, going back to stinky pinky soon.
People should know, a company's effort is to make revenue, not making web-site.
The CEO makes everything, web-site, toxic corruptive dilutions etc., except REVENUE.
Then what the hell the CEO would do those super toxic corruptive dilutions ?
This will very soon go back to a stinky pinky.
Why no revenue ?
Anyway, can you use the apps to buy anything in a shop? coffee, sandwich, or newspaper, magazine etc.? if you can, 2000 people in MYEC FB just use the app once a day, there will be &500/day, $15,000./month, the CEO wouldn't have the excuse to do that $40,000./$700,000. toxic corruptive dilution.....
In Taiwan, people can use Alibaba's apps to pay for street side hot-dogs, fish balls, chicken feet etc....
So, do MYEC has an usable apps ??
What is that? can't see anything, what's that $5 service for?
Where? I must have missed it?
Can you show some evidence?
You must have a lot of T-shirts, can you use it to eat sushi?
No where to use app.
Transparent apps, haha
$myec, go back to stinky pinky, no doubt.
Don't worry, he's doing it every week.
Very soon this will go back to sub-penny and the beautiful pinky again, RS will follow.
Do you prefer a CEO quietly do his job or a CEO giving false information weekly without accomplish anything for 3 years?
A NORMAL CEO would do his job quietly, only give essential information through official reports, no insider informations or big mouths, weekly.
Then why do you think the CEO keeps on giving false "live" information since at least August last year? Do you agree he is either stupid or deliberately telling lies?
Since the past 3 years, MYEC has pumped numerous deals but upto now none has been executed to produce revenue, therefore it is a SCAM, very simple.
As to the "funding of product growth", you may take a look at Highlander's post 241156, that might help you understand more of the fact.
As usual lolzzzz, sub-penny in the near future.