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They have a $120k market cap. Massive....
Ed is out skiing this record snow in Tahoe.
That's where I would be. Or laughing all the way to the bank
750,000.
End of discussion.
ZipMark had their bluff called and got away with less than a slap on the wrist. Hardly a huge victory for MYEC....
They're saying 250,000 shares is $42,500?
Mycheck has an ad with Bar Rafaeli in it.
Myec needs Bar Rafaeli too
Ah I got ya. It's OTCQB, not OTCQX. You're right
That link is for MyCheck, not myecheck. Different company
LOL. I honestly just tried to look that form up.
It's not uplisting right now. Not sure what you're talking about
Doesn't it have to be at .1 to be eligible for OTCQX?
.043
IMO
GLTA
This deserves to be on the Dow for sure
Obviously the transactions are real-time. The money doesn't actually move anywhere. When you load your wallet your money goes into one bank account shared by every other person with the app. So when you transact with someone the money just moves on paper from your wallet to theirs.
The benefit of check 21 over ACH only applies when you are funding/withdrawing from your wallet. So only a % of total transactions.
HAHAHAHAH classic
Wow that's deep
Settle down it was written by Ed
I would sell it to Paypal for $5 mil and call it a day. Screw the shareholders
Square is a flat 2.75%, rerun the math with that number.
I agree the patent is a great idea, but it's not nearly as lucrative as everyone makes it out to be. It's the perfect complement to an existing transfer service, but will have a hard time on its own. I say Africa, if it is what everyone is saying it is, could make some money. Or just sell the patent to an American company with competent leadership.
Yeah there are already P2P apps that are popular and work well. B2B not so much for some reason
revenue potential you mean
If this creates revenue it won't be significant for some time
Well said
What is this car charger thing I've heard referenced a few times?
I agree. This company could blow up or crash and burn, but in the meantime I'm making $$$$$$$$$$
Which is why this patent should be sold to or licensed to a company who actually can pull off a payment system that has a chance of being successful. The process could definitely help existing payment processors save a ton of money, but this MYEC app will go nowhere.
Ok you're right, large purchases make much more sense. I'll definitely give you that
I'm a shareholder just like you. I just think the app is crap.
Africa has the opportunity
I have zero incentive to use the app. I would gladly pay 3% more with my CC for the convenience factor.
Too bad as a consumer I would never use this. Definitely wouldn't take the time to load it with money over multiple days. Unless the vendor gives me the 15% discount or whatever that Myecheck recommends.
Rural Nigerians have tons of money to transfer
I hacked it with PC
Does MYEC have any sort of dispute resolution?
Hopefully this goes up bc everything else is going to get murdered today. This could hurt!
I have no idea what you're talking about
Market cap is too high for a good buyout. Although Ed could sell for way less than market cap and leave shareholders SOL.
These articles are referring to U-Mo which was released years ago
I'm pulling for .044
Which is just not true. Paypal could be considered exactly like MYEC for this and I know for a fact they have a very large AML/Compliance dept