MODiFYiNG LiFE
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Colorado SOS History & Documents for Green Cures & Botanical Distribution Inc
http://www.sos.state.co.us/biz/BusinessEntityHistory.do?quitButtonDestination=BusinessEntityDetail&pi1=1&masterFileId=19871690068&srchTyp=&entityId2=&nameTyp=ENT
When DTC Eligible MYEC will be met with a demand for hundreds of thousands of dollars worth of shares within a short period of time.
Actually Millions would be a closer estimate as I'm aware of several investors with the same intent as I do to purchase $100K+ of MYEC using their TDA accounts when eligible, can't imagine all the others I don't know about on the other 95% of brokerages that currently do not allow MYEC Buys.
Accumulated Deficit: $19,623,842
Total Stockholders' Deficit: $3,676,626
Taken from Q1 2014 Financial Reports
Anyone familiar with the process of becoming fully SEC reporting? I understand that being DTC Eligible is one of the steps, if we are DTC Approved next week what is the next step for Ed to take & how long afterwards could we be Registered as a Fully Reporting Company?
Can you say:
TONS OF BUYING PRESSURE COMING SOON!!!
Next week you will forget about Fridays trading
Many speak of upcoming MMJ news that will cause this to spike short term, this is EXACTLY what the SEC alerted yesterday; Beware of Newly Formed Marijuana Related Companies.
http://m.investor.gov/news-alerts/investor-alerts/investor-alert-marijuana-related-investments
http://www.investor.gov/news-alerts/investor-alerts/investor-alert-marijuana-related-investments
Ed stated he will be in Colorado "Next Week" not the weekend.
https://m.facebook.com/story.php?story_fbid=264422480408523&id=243292579188180
Ed Starrs will be visiting Colorado all next week seeking professional Marijuana clients & relationships. We can try to hide & fool the public that we are not Marijuana related but its all over FaceBook & our Press Releases.
It's the PE ratio we are currently trading at according to year end fins.
It suits a company that is growing exponentially, although we are nowhere near Amazons 500 PE
24 cents.
1.6M x 4 = 6.4M / 4B = .0016 EPS x 150 PE = .24 per share
Do blue chip & institutional investors scan iHub for stocks to invest in? I always thought the exchange that the stock was on helped pair investors with appropriate stocks based on their search criteria.
Doubt institutions will invest until fins are audited, "being audited" isn't good enough.
Contemplating selling my extra car to buy more if are going to be held under .05 for much longer.
I do sense a correction next week as we are extremely undervalued.
Reading these positives will remind us that we are here long term & though today's trading was unexpected we should continue to expect it until we can uplist to OTCQX where this type of manipulation can be put behind us. We just need the attention of a couple Million $ investors or institutions & we will not have the problem of light bid support, OTCQX is our Grail Achievement to look forward to this year.
When will FRCN start operating profitably & get out of debt?
All of your questions about MYEC can be publicly answered here:
https://m.facebook.com/myecheckinc
https://www.facebook.com/myecheckinc
Where have you been buddy?
"The Company has also engaged independent auditors, L.L. Bradford Certified Public Accountants and Consultants, to audit the Company's financial statements for the past 4 years, and on an ongoing basis. The Company intends to file audited financial reports with the SEC and become a fully reporting company as soon as the audit is complete. The Company also intends to apply for listing on a more senior stock exchange as a fully reporting company and is taking steps accordingly."
We can patiently wait approx 3 months for audited financials for the last 5 years are posted. All the answers to my questions will be therein.
If you have questions about the share structure MyEChecks FaceBook page is an open book for all to inquire; shareholder or not.
The CEO owns 2 Billion shares & Ed has stated he will not R/S in 2014. A RS would have a negative impact on both his holdings & shareholder value. I understand you may think MYEC sounds too good to be true but if you like everything that your DD has uncovered except the large 1B float then its a solid investment. To not buy a stock that you know will grow up tremendously because of the SS just isn't justifiable.
Ed Starrs the CEO owns 55% of the AS & has stated several times his intent of action to hold long term with no plan to sell any; anytime soon nor anywhere near these prices. He has not nor will not sell any shares in 2014 nor is there a reason to, profit & cash on hand it sufficient to expand & grow.
You can count on another share retirement sometime later this year.
Audited Financials by August 15, 2014!!
EL DORADO HILLS, CA, United States, via eTeligis Inc., 05/15/2014 - - MyECheck, Inc. (OTC Pink: MYEC) (PINKSHEETS: MYEC), the leading developer and licensor of electronic check services, today reported Q1 2014 results. For the three months ended March 31, 2013, revenue from operations was $1,361,783, total expenses were $37,737, and net income was $1,323,656.
Cash and cash receivables were increased to $1,687,068, and as of May 15, the Company has $1,078,964 in cash. Stockholdersequity was increased from a $1.2 million shareholder deficit in the same period previous year, to almost $1.2 million in shareholder equity.
During the quarter, the company sold a number of licenses forit'snew mobile payment app system, including custom developed apps with unique security features for specific targeted industries.
The company re-purchased at par value and cancelled 1 billion shares of its common stock in the first quarter.
The company hired a new CFO, a new COO and a seated a new Board Director also during the quarter.
MyECheckengaged auditors to audit its financial records dating back from 2009 to current. The company expects that the audit will be complete before the next reporting deadline, August 15 2014, and that complete audited financial statements from 2009 to current will be available at that time for filing with the appropriate reporting agency.
The Company also has been sponsored by Glendale Securities for its application for electronic clearing of its shares through the Depository Trust Company "DTC", and is awaiting final approval for DTC eligibility, currently pending.
That's great to see on the confirmation of retired shares on the balance sheet.
Thank You!!!
We beat 2013 in just one QTR!!
You are right; As a Long on MYEC I constantly question my position & adjust to it. My question is am I satisfied with how many shares I have & I always adjust by adding more every paycheck.
When at $1 we will have plenty of institutions soaking up millions of shares, by then they will know its going to $10, $20, $30 per share.
Up listing to OTCQX will be a huge milestone & starts the trickle of Million Dollar buys
Going to be a fascinating experience.
I could never buy MYEC on TDA, how did you?
I haven't tried calling though.
I've got cash in Ameritrade! Going all in on MYEC.
With this document I'm guessing the SEC gave us a thumbs up & all Ed has to do is forward the SEC approval to DTC then shortly after (couple days or possibly hours) we will be eligible. Wonder if Ed has to then contact Ameritrade & Scottrade to let them know or if its automatic.
Looks like we will finish STRONG this week with all the new buyers about to pour in.
Attorney Letter filed on OTC
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=120574
We will be current tomorrow.
MJ-Pay says -0 Days till Launch
About 30min till MJ-Pay countdown update.
What does it mean when the V's are on the bid absorbing shares?
VFIN was buying after we broke .03 last week, to me it looks like they are flipping. Buying .03-.04 selling at .049-.051
A P/E Ratio of 100 is conservative if there's a 300% revenue increase QTR after QTR. (Q1 will definitely give us better guidance on this, by Q3 we can accurately assess a Future P/E Ratio)
A P/E Ratio of 10-20 may apply after we have passed the exponential growth stage.
MJ-Pay says ONE DAY TILL LAUNCH!!
MJ-Pay was never delayed & will launch by Wed.
Ed has confirmed this on FB.
You can say it wasn't delivered After Wednesday, the scheduled launch date. It's only Monday.......
MYEC is the Opposite of a "Blind Faith" Investment, most of us longs turned over EVERY Stone before investing here & It's obvious as there are still dozens here still holding over 1 year even though they are up 4000%
You've got too much common sense, +1 Follow for you.
(IF) MJ-Pay wasn't being launched on time; We would have heard from Ed by now. Ed has never disappointed, the fact that we haven't heard from him means we are still on schedule.
Billions more where that came from.
Dilution will take SUTI to NO BID.