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What do you mean never sleeps. I just took a 10 min power nap. The best sleep I've had in 2 days!
Here's a thought.! If they leak any info before upgrading their software, their system would be overloaded while they are trying to upgrade. Upgrade first, then announce news! I'll bet a peanut butter & jelly sandwich that's it!
No news is good news! That simply means the deal will get sweeter with time! The power of negotiating with impacting factors in your favor is awesome!
Please do say hi for me as I am only interested in staying on topic here reguarding myec's future as I am a long and our money is on the line. I am simply interested in the truth as I am part of the whole that is looking forward to a strong future.
That is your first clue they are not negotiating any business dealings. Good because I have that stock too!
When you are a large corp., you hire people to answer calls reguarding basic questions. When you are a ceo,software specialist, consutant, and everything else encompassing a one man show, I would say your plate is full! Hiring a secretary to answer questions that cannot be answered at this time does not work. Add to that you cannot share info with shareholders (see definition of inside trading), you really, really cannot answer ANY questions! I hope this helps.
Ed Starrs has been pushing the boulder uphill for the last 3 years. On april 3rd he reached the top. Now it's time for the boulder to do the work rolling downhill!
I had a myec dream last night. I dreamed that kbull called tfall all day to keep him busy and off the myec board!
The ceo stated last year he was ready to sell due to the frustrations of losing his bank. The offers were terribly low which is why they call it a hostile takeover. He felt he could resurrect the company and get a better deal. He first deregistered with the SEC to disclose as little financials as possible for bidders to research. I think the business relationships he built went better than expected, coupled with ACH checking companies getting alot of bad publicity made life easier for contract negotiations. A large company can accelerate it's use rapidly, gain overwhelming exposure immediately (ex. paypal survey), and make him an instant billionaire! What would you do? Advance at a snails pace, or go from 0-60 in 5 seconds! BTW, I didn't want to sign up because I had1 post/day for 2 weeks. I gave in to answer your question, so I hope this helps!
Sorry, IDZ! I was speaking of the licensings since last year as well as contracts signed this year. A little late in replying. I only have 1 more public reply, then time to call it a day.
Huge manipulation is an understatement! Between media manipulation (see hotstocked.com), bashers, and dilution rumors(3 bill shares scares people). Even more so is the charts. The buyout rumors when they thought they had Ed Starrs by the short hairs last year sent the pps to $1 only to come straight back down twice! The coming straight down part is flat out scary to investors. Unfortunately, most possible investors don't have a clue of the cause. The last quarterly showing over 1 mill debt dose not help matters either. I'm sorry, let's not forget the lovely job the market makers are so well know for! That's the grim reaper for ya! Fortunately, we have Ed(you can thank your lucky)Starrs on top of things when most others would have sold the patent and walked away. P.S. In a lawsuit in 2012, the magistrate ordered him to sell 7, 600, 000 shares to settle the debt. HE DID NOT DO IT!! He filed for an appeal to rehear the case in fear of anyone thinking he was diluting and to better prepare his defense. The magistrate denied the appeal and ordered a forclosure on the shares! How's that for a down hill spiral. As Paul Harvey used to say 'and now you know the rest of the story'!
Not you again! (Insert hands on head)
Don't forget microsoft wants to enter the e-commerce sector in a big way. They are sitting on 85 billion in cash. A bidding war between microsoft, google wallet, and Ebay could give Ed Starrs alot of sleepless nights! P.S. we already know he is awake at 5:45 a.m.!! Remember laughing is good for the soul!
Problem with that theory, it's already heavily recognized by corporations. The company has to exist as there are too many contractual obligations already in effect. The brand is too big for paypal to contract. It is my belief that ebay already tried to buy the patent last year which would give substance to your theory. You have the right idea IF the ceo would have sold it last year. Ebay would have loved that. This tech and company still has alot of expanding to do.
In 2008 it opened at $150/share and hit a high of $162. Remember now, this was a fair market value based on it's potential as a new technology company. It had a new loan out for $870, 000 to get it going fast and strong. It now has greater exposure, a proven product (in full swing until it's bank failed and lost 95% of it's revenue), and a new quarterly coming in august showing no liabilities. How is that for a marketable company!!
Nice job! Can everyone now see Ed Starrs exhausting negotiating position? Wouldn't you take whatever time is needed to get things right if you were him! I thought so. I am now flashing back to that dream of being at a karaoke bar with Ed singing 'How do you like me now'!
I just said restructure. How is Ed's call!
At the MYEC get together were gonna hire a punk rock band I heard about called Sierra & the Saudi's!
Can you imagine the investor interest if he kept the company public, restructured ss, and remained ceo with cash from sale in pocket!! MyEcheck was his dream! What better way to fulfill his dream than to ensure it's success! Throw a book deal on top and call it good!
Company goes nasdaq, 2 bill his pocket! Our shares go zooma zoom zoom, and a boom boom! Gonna shake that rump!
I say 2 bill with the 3 bil shares retired!
Good morning peeps! The 3 bill shares is the only ammo bashers have left. If you have not read my earlier post #24035, please read and post your idea of it. I think it is on target. Tearing up the 3 bill shares to calm any fear new investors might have in exchange for being a billionaire is not a bad trade. Please post your thoughts.
The 3 b shares are simply bargaining chips for a better deal showing full control of his company to new suitors. They will be retired as no company will let him keep 3 billion shares in a buyout. The thought of dilution would create the same fear as it is now. He is simply going to get a multi-billion buyout, retire his shares to ensure stability to new investors, and be new to Forbes billionaire list. Simple as that! MyEcheck in pennyland is like a nice guy who got robbed and beat up in a dark alley. He is just trying to get home, meanwhile people see his torn clothes and black eye and think he is a thug looking to do them harm. They simply do not know him and his being a man of integrity who means no one harm. A through DD on his background will help those with any doubt on his character. What takes so long in this process is who ever he is bargaining with must answer up for the amount they give him. He owns his company and answers to no one why he is asking so much. Their accountability to their company makes negotiations somewhat complex. BTW, ebay bought paypal the very first quarter it was out of the red. Paypal has made 1.5 bill + every year since for ebays pockets. MYEC is in that exact position right now as if you look at the last 2 quarterly's, you will see their next one will be out of the red. He may be waiting it out as that quarterly statement will raise more eyebrows for a better deal. Bottom line: The thought of a ceo in this position dilluting shares is nothing more than humorous. By all means, humor me! Laughing is good for the soul!
He is more than ready to sell as he aged 20 years since his bank failed. To say he has been thru the ringer is an understatement! Besides, he stated he wanted to sell last year. He just didn't want to give it away. He deregistered with the SEC in october 2012 so he did not have to disclose everything in anticipation of negotiations. I looked up reasons for dereg. W/SEC and it listed several both positives and negatives. All positive reasons on that list were in myec's favor! That was what convinced me he was serious about selling. I had a funny dream last night that I was at a karaoke bar and Ed Starrs was singing "how do you like me now"!
What better free advertising than to ask people about a service they never even heard of?? Give paypals advertising executive an A+ and a raise!
Your opinion dosen't matter. Sounds like they are simply creating awareness of MyEcheck to the public as most people I have talked with never heard of MyEcheck. Getting attention to a new service they NOW offer thru a survey is simply free advertising. Brilliant idea paypal! GO MYECHECK! GO MYECHECK! GO MYECHECK! (insert pee wee herman dance)
He HAD a corporate office until his bank failed in jan.2010! Please read my previous posts as I have told his story for 3 weeks now.
My hats off to all here since trips!
Who I sunr and what is their role?
You need not worry about new investors for long as the media will take care of that! I'll bet you a peanut butter and jelly sandwich on that!!!
Microsoft has 85 billion in cash and are getting in on the e-commerce battleground. It's like two buyers at a antique sale. It's not about who has deeper pockets. It's about who is willing to pay more for a valuable item that is only going to appreciate.
In a buyout, the parent company is where interest is generated. Investors will pour in! Just look at last 2 years when myec didn't even have a bank! The buyout rumors without a done deal took it to a dollar twice and above .50 5 times! How do you like MyEcheck now newbees?
I saw an article recently about the damage done to the credit card industry after the gov. bailout. The availability of easy attainment did permanent damage to the industry. Tearing up credit cards was a strong sign of public resentment. Ed Starrs started MyEcheck in 2004, 6 years before the bailout. I think he had great vision. Unfortunately, his bank at the time did not. First Regional Bank in Los Angeles was his bank that failed without public notice on Jan.28, 2010. It was not bailed out. If you had a checking/savings acct., you were fine as citizen bank took over and you got new acct.#. If you had complicated business contracts however, you were screwed, blued, and tatooed!! He almost lost his entire business! The reason you see the pps up and down the last 2 years was he had hostile takeover offers that wanted myec for practically nothing! Who wouldn't buy the stock if you worked at one of those companies and heard they were picking up a company for next to nothing that the pps was a penny? They did not count on Ed Starrs holding his ground AND picking the company back up to a profitable position. For anyone who has been knocked down and got back up, this is truly an inspiring story. Does the saying"HOW DO LIKE ME NOW!" feel familiar!
I agree! A ton of facts here!
Who will collect the 1% is the bidding war! It will be widely used and that 1% will be huge. Do you want pay or collect the 1%? If you want to collect, then how much are you willing to buy it for? Can you now see why negotiations are a long process at this point?
Consider the source on invalid statements. The longs here are solid people of character. Bashers are simply characters!
SKhalil3 for prez. of myecville!
This was at a dollar last year on a hostile takeover rumor with no bank deal! It had great value without a bank! It went back down when he did not give this company away. He ressurected and rebounded since. Think about it and let that set in. Now ask yourself what this company is worth!!!
Great job, PH! Solid validity for monday!!
Lovely! Another promo! I'll buy a pom pom!