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Did Ed tell you to wait for that lol...
KB
That makes sense to me - I hope the chill is lifted for you soon and you are able to buy.
KB
Could you explain what that means?
Thanks
KB
Well if this pulls back in the two's again I might have to buy more. I will have more buying power early next week.
KB
Is that the same as poppin tags...
Thanks inzane - I am not a trader/flipper (more of an investor) so don't follow the momentum moves much...
KB
.0034 I believe...
KB
9.99 with Etrade for me!
KB
I agree with you here CC-H.
KB
When I sell mine at a dollar it won't be dilution either - what happened from .007 on down for a week and a half there IMHO was.
Have a good one as I am done with this disagreement..
KB
LOL thanks for the 411 - don't you think I have already done that. That is why I believe we were diluted or there was one big seller. Way to much volume for these little penny flippers.
KB
I don't have any solid proof just as you don't have any proof that it wasn't. And your statement on I might be surprised on how many shares people hold is laughable - you have no idea just how many shares I hold myself and I have never sold one share.
My thought on this being dilution is a gut feeling based on lessons I have learned from being in the stock market since the late 80's.
I believe MYEC have diluted bases I what I saw from .007 on down. Perhaps there was a great reason for it but that is yet to be seen.
Trolling - give me a break...
KB
Trolling Really - quit being so naïve... You are accusing me of trolling because I think Ed/MYEC sold some share.
Kind of sad of you s.k3
KB
Bro - that one major seller could have been the company - to much volume for these penny flippers...
KB
It was much more then 60 to 70 million and I simply don't believe people on message boards claiming to flip 10million shares.
I totally disagree with you.
KB
Most the flippers here don't hold squat. If some of the true longs were flipping I might agree with you but I don't think that they/we were. .007 on down was some serious volume. We either had one big seller or dilution.
KB
People are referring to the last couple weeks volume, not the last couple of days. There was some dumping big time and that is easy to see. Low T trades plus large volume with a drop in the pps. I hope it was not diluting but if it was I am sure it was for a good reason.
KB
I agree with the 100 percent and we can all only hope it is for a good reason.
KB
I am in the process of transferring 4500 to etrade. Hope it can hold this low so I can add more come Monday...
It will be the first time I actually averaged up if .003 holds.
KB
You will only make 10 times more then you invest here if you sell to soon...
Just sayin!
KB
Markets are 100 percent closed today as today is a federal holiday.
KB
It's support not that it matters...
KB
NM
KB
We are golden - thanks!!!
KB
I have 5 kids. 13, 11, 11, 8 and 5 and they are all going to be millionaires thanks to MYEC.
KB
Everyone have a good weekend and hang in there longs...
KB
Agreed!
KB
Ed's favorite movie:
BIG!
KB
inzane Member Level Friday, 01/17/14 12:56:29 PM
Re: None
Post # of 61208
WHAT ARE YOU WAITING FOR?
What is it that keeps the long term MYEC investors holding long? Well, I have gathered 15 reasons, in no particular order, based on Ed Starrs' vision and goals that have been detailed in the Q&A section of the MyECheck website.
1. Audited financials to be delivered early in 2014. If you haven't noticed, we are currently in "early 2014". This means that the financials are being audited RIGHT NOW!
2. Uplisting to a "more senior exchange" in 2014. Also stated by Ed, he doesn't foresee any issues with uplisting so there aren't any specific obstacles that would hinder this process.
3. Building a sales organization. This has already begun by MyECheck partnering with the Bank of Kentucky. BOK is a sub-licensee of Ed Starrs' patent and has been granted the right to sell this product to other sub-licensees.
4. Continued product development. This is also key to MYEC's future success. The faster the market implements this technology, the faster MYEC will encounter limitations, if any, that may hinder further adoption of the technology. Ed is dedicated to ensuring the validity of his product offerings.
5. Become DTC eligible. This will open the doors to those investors who aren't able to trade MYEC and is also a requirement to uplisting (I'm basing this on other posts that I've read, so if anyone has information to support this, please let me know).
6. Investor relations to be implemented. The short term goal is to use external IR resources, but Ed plans on hiring an internal IR team in the future.
7. Social media to be used for investor relations. Once MYEC hires an internal IR team, Ed plans on utilizing social media outlets as a form of communication with his shareholders.
8. Ed plans to hold his shares long term. Contrary to some opinions that Ed is selling shares, he has stated that he will not be doing so any time soon.
9. Possible plans to modify the share structure. This could be a VERY GOOD thing or a VERY BAD thing depending on the timing of the restructuring and the restructuring method.
10. Targeting of big name payment solutions providers. This will be a catalyst for fast widespread adoption of MyECheck's technology. If Ed can reel in one "big fish" then others will likely follow.
11. Use the domino effect to propagate the technology throughout the banking industry. The more banks that come on board, the easier it will be to acquire additional bank licensees.
12. GLOBAL. A long term goal for Ed is to globalize his technology by offering an international processing method. CHA CHING!
13. Doesn't NEED outside financing. Whether you like it or not, Ed has issued shares for the conversion of debt. I don't like dilution, but it has been necessary for the continuation of this business. There is a benefit to this though; to my knowledge, we aren't muddying the waters by playing around in the cesspool of toxic financiers.
14. Targeting government entities. Bringing the government on board will provide a "wealth" of benefits. One of those benefits being the reduced likelihood of future litigation (This is my own assumption, but it makes sense to me. Any input on this matter is welcome).
15. Moving away from online merchants and targeting sub-licensees. This is probably the best business decision that Ed could have made at this point in the game.
I encourage any discussion on any of these bullet points so, feel free to share your supporting or opposing views. Happy Trading!
$MYEC
Everyone please read the post from Inzane I am replying too - it is why we hold MYEC!!!
KB
I agree - going to be a great 2014...
KB
Well we finally closed up a little - perhaps the downward swing is over...
KB
Awesome post inzane - thanks from one long to another!
KB
This is going to be the turn around story of 2014 imho.
KB
This is the pattern that will have flippers kicking themselves in the butt the next time it moves to .006 and they sell and then next think you know we are setting at .056 in the blink of an eye...
KB
This is the pattern that will have flippers kicking themselves in the butt the next time it moves to .006 and they sell and then next think you know we are setting at .056 in the blink of an eye...
KB
Are you serious? And what kind of question was that anyway lol. That is an interesting answer if true.
KB
Either way I am holding - I don't want to pay the tax man any short term gains as I feel 6 months from now these prices will be long gone and I will be by definition a true long then... I want that lower tax rate!
KB
I hope these T trades are a good thing...
KB
HAHA I will meet you there - drink in hand LOL...
KB