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What a bunch of BS! Military? You think the military wants this crap.
Let me state it better. The license Is not for any new business!
With no future revenue coming! That was clearly stated. And if you knew what you were talking about you would know that's for the on going use of what they already were using. This is not for any on going business. The CEO was very misleading about this fact.
That's where the money is.
People will lose money here! The company has nothing that makes this price sustainable. This is proven by their lack of revenue. You can't survive by just suing. Even Microsoft moved on, no revenue coming from them. If there was any value to the company Microsoft would have bought them a long time ago. The only money to be made here is flipping!
The law suit was filed to drive the PPs down. Thats why it was touted on here before it was reported in the filing. There is a concerted effort being made to drive the price lower than it is now. I don't know if this is being done by enemies of Ed, or people trying to load. But one thing is for sure, it's being worked hard by a few!
BTW, the bigger the piggy, the more bacon! And I love bacon!
You need to be more open minded, you are only looking at the negative. There are many positives also with MYEC. Someday maybe the tide will turn. That's what I'm gambling on. Go with your gut!
I don't think anybody is drinking the Kool-Aid. It's obvious Ed has made numerous mistakes. However I still think this is one of the best gambles on the OTC. That's why I'm still holding all my shares. I'm not buying or selling.
There are many obstacles in Ed's path to get this up and producing revenue. It's not easy for banks governed by so may regulatory agencies to make a switch to a new way of operating. It's also very obvious Ed has made some passionate enemies along the way. So far he has proved he's a fighter and he's not giving up. I also think if this was a scam, we would have seen an RS last year. I think Ed is doing everything in his power to give value to his share holders.
Of course I could be proven wrong tomorrow. For me I like the risk verses reward ratio with MYEC.
You guys can't have it both ways. Two days before the year end fins you guys were gloating about what was going to be in the fillings. Obviously some here (eqinvestor)had advance knowledge of the case being in there. Now you want to claim it's irrelevant. This is a win for MYEC anyway you pitch it!
All the judge is saying is, if he accepts the alleged facts as true, there is still no case.
There is a concerted effort to drive the PPS down. They may so feed short term. However long term, I'm betting Ed survives!
Well if we own it, it's not affecting the PPS either.
The volume here, speaks volumes!
Same people in charge! A tiger can't change his stripes! If you can't trust them with a little why do you think you can trust them with a lot?
That will be spent long before we reach 2020. This company has a history, that's all the DD you need to see what's going on.
I wish Scott trade would let me short this crap.
3 RSs in two years, soon to be 4. They have no revenue to keep going.
They've already blown through the 5 million settlement and now need to pay their 6 figure salaries.
The volume here says dilution!
I smell dilution.
Link?
Those two peanuts are successful! Give Ed time, there will be more peanuts. You do know one peanut planted, can make multiple peanuts?
He's not done yet!
You are wrong. Take simple file for instance. They have integrated the system and its working great with increasing transaction. Then there are the kiosk in CA. Now we know that this is not enough income to keep the company afloat just yet. All we need is for the masses to realize the convenience of the system. That is why Africa means so much. One big bank that can give MEC a chance to prove themselves is all we need. If Ed is given the chance to prove the system we will succeed in the US!
And don't forget simple file is increasing in transactions!
I know that's what Ed said, but we have no contract to verify that. However We do have Ed's recent quote which states "we are gong to start billing them for transactions". So which is it?
I vote we yank their license!
I'm pretty sure we got screwed by Africa. They are not known for paying their bills anyway. They will end up using the process for free and we won't be able to do anything about it. I think Ed demanding they start paying will only serve to bring their corruption to light.
Thanks for the reminder I almost forgot. Is it still a bloated piggy?
Exactly! I'm not buying or selling. I'm waiting on revenue. We all know about the shenanigans of the OTC. It's a gamble pure and simple! My money is still riding on MEC!
103,600(almost 1/4 of the whole day's volume)was traded in the last 30 minutes all at the closing price. How is that any kind of paint job?
Are we moving away from the property debacle to a new scandal now?
Good DD is hard to come by.
Could somebody please remind me who is scamming who! I forget who the bloated piggy is, and Oh, who owns what property and where on the web can I find the info? TIA!!
Only thing coming here is an RS
Did anybody expect to get a Africa update this past week?
Your honor, google it! It's there! It has to be true!
That was sarcasm!