Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Everybody say, yahoooo!
He who has the most shares is buying!!
If all goes extremely well, I'll give you my # and you can call me instead of Ed and we'll do lunch!
He took the shares in lieu of a salary for 3 years. He did not know the future, but he knew he had full control of the company.
And thus, the last posted riddle.
News is first shared with the sources preference. Everyone else finds out after them. Morning star has been good to myec and yahoo gets theirs from m.star!
Riddle:How do you kick flippers to the curb? Answer: restructure during trading hours so they can't buy in when the market opens!
If it holds true, it will be a foot race for the 1.37 mill in float!
GS! Look at todays yahoo finance! It shows a market cap of $14, 223 which equates todays pps! .0060 × 2, 370, 000 o/s = $14, 220! There is no news anywhere I looked YET! RETIRED SHARES???
Morning star shows $15, 175 market cap 2.37 mill o/s and 1.37 mill float
1.39 million float??
Todays news might just be very interesting considering those numbers I posted equate to todays pps!
RIDDLE:Why do 3 sites show $15,175 market cap and 2.37 million o/s equivant of .0064 pps??
I invest in integrity. Ed has that!
I ? Elizabeth Warren! She's a difference maker!
Good morning shish! Marketwatch has a insider transaction section that states board members and purchase/sales transactions for 3mo/6mo/12mo periods. It shows 0 next to all three. I love marketwatch as I usually go there first when checking a stock.
Well ahead of yesterday volume already! Awesome!
You are dude! Sorry, coudn't resist.
Flippers will make their money, then move on to one that is more profitable to flip. Longs will be rewarded by a ceo that cares about their investment. Anyone flipping this long term is hurting themselves as they are keeping the pps down. GLTA
"The stock market is designed to transfer funds from the active to the patient"! Warren Buffet
It stayed at $1 for 2 months. I'll bet it made their portfolio look real good! It only came down due to the magisrate foreclosing on shares in a lawsuit because he would NOT sell them as ordered by the magistrate. He deserves a new title. Hmm, I think I'll call him the anti-dilution king! Ha!
I copied the pic! Way too funny!
Here is a wonderful reality check for everyone. This came from triple zero's in may. The ball is rolling. 3rd quarterlys are coming out next month with positive results assured. Licensing revenues and 1% fee gives Ed a very nice comfortable income for life. If he decides not to touch the 3 bill shares anytime soon and let this roll, it can do very well without doing a single thing. Maybe in 5 or 10 years he will sell it for 10x more than now and retire the shares then. That will always be an option. If by chance he sees how positive, enthusiastic and grateful his shareholders are, he says hmm maybe I won't sell after all. Well, I would be a long for a long time!
Sorry. Go myec! Myec rules! Win the day!
Volume=investor interest. With that in mind on friday august 3, 2012 the pps was at .10 with 0 volume. On monday august 6, 2012 it closed at $1 with a volume of 100. Over that weekend Ed Starrs was vulnerable to selling and rumors went crazy. How does it go from .10- $1 in one day with such little volume (investor interest)? I understand the ss was different. Think about this- IF he retired a large portion of his shares and restructured, as no company is going to buy a company allowing the ceo to keep 3 billion shares, and got a nice buyout to retire shares. With an average volume at 30 million, how would you feel about the pps after the restructuring with that much interest? Let's face it, the 3 bill shares are damaging the pps more than anything as investors are fearful of dilution(even rumors). The 3 bill shares must go one way or another. It's too damaging. I know he is a man of integrity. That's the difference between your perception and mine. Now, how do you feel about the possibility of a buyout? BTW, If he didn't sell, restructured (retired shares), and sold at a later time, that sell would compensate him for the salary he missed as he took the 3 bill shares in lieu of a salary for 3 years. How would you like that pps?
Go figure! Great day myec longs!
Thanks, I try. Great teamwork here!
Sorry, I didn't have my reading glasses on.
What everyone must understand is we are investors searching for answers. We are on top of any new pr as a shark is attracted to blood. It takes time for new pr to have an effect on consumers. We want consumers to act quickly to use something they are not familiar with. Not going to happen! What will happen is when the 3rd quarterly comes out (august) showing no liabilities and strong revenue growth, every analyst out there will give myec a thumbs up! I doubt the pr silence will last that long as we all know there is a reason the ceo is not saying a word. On the myec website, go to blog and you will see Ed Starrs last statement released on june 20.
Read the news article. It is designed for new merchant accts.to deposit check transactions. Most companies have a business bank and no need to switch. Being a big bank in the cincinnati region it will attract new and existing businesses to open an acct. with them. Their existing business acct.s probably never heard of MyEcheck and/or do not deposit customers checks electronically yet. It is a future growth relationship. As awareness grows, so will MyEchecks bus. volume thru BofK.
MyEcheck has been in bus. since 2004 and check transactions is their business. Whatever snags in time frame at any one company, they will be resolved. Businesses don't buy patent licenses and waste time signing partnerships without doing there own DD. Be patient my friend.
I bookmarked it! Awesome job!
Didn't last long, still nice to see!
I like the separation bid-.62 ask .71
Look at the edgar filings. They are updated.
Short or long, myec $$ will flow for everyone as it does with any company with a solid foundation AND making progress with the decision making of great management. Forward progress is the key factor in MyEchecks future. We have a ceo that is an ambitious trailblazer in a desireable new technology. That's a good combination to have behind the wheel. Good luck to you, but please be a little more positive as there is more money to be made in accumulating than short selling this thing.
Being Ed has the MyEcheck patent not paypal, it should have google licking it's chops! If you asked an executive if actions by another company bothers them emotionally, they will say "not at all". But you know behind the scenes they would love a payback. In the corporate world of power struggle, ego's run the company.
The infringement lawsuit paypal has against google is current.
Need not wait till xmas as the next quarterly comes out in august. When investors see no liabilities and strong revenue growth it's game over for pennyland! Every analyst will give it a thumbs up. But I don't see Ed's silence lasting that long. Something is going on and it is obvious the ceo (the long know him as Ed) cannot talk to the media or shareholders. Draw your own conclusions! I still say don't count out microsoft as they are sitting on 85 billion in cash presently and will enter the e-commerce in a big way. Their current partnership already sublicense from MyEcheck. I would rather collect than pay if I could afford to just buy the company with a patent that will bring in staggering revenues. Then there's google and it's wallet that has already a infringement patent law suit by paypal. If I were google, I would buy MyEcheck just to piss paypal off.
Yea! 2 months ago! Which is why excitement is building. He signed 6 contracts in april all publicized by the mainstream media, not websites. He has stated intentions of selling last year. Which is why he deregistered with the SEC, thus the pink sheets. He has rebuilt past business relationships and created new ones in the last 6 months. Bottom line: He rebuilt the business to sell and has now been quiet for almost(may 31, last pr) 2 months. We all know per SEC rules if a company is in negotiations, it would be insider trading to disclose info. I hope that helps! P.S. calling dosen't help as he has caller I.D.!