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Needs to hold .002 and break .0025
"EmailMoni is our latest innovation and it is the world’s newest game changing technology and will dramatically advance the payments landscape in Nigeria and across Africa. EmailMoni is a next generation payments technology that enables people and businesses to securely send and receive money electronically in real-time and at low cost using a downloadable mobile smartphone app or from a web app."
[url][/url][tag]http://leadership.ng/business/562396/weve-opened-new-electronic-payment-frontier-in-africa[/tag]
That's pretty high praise from the Divisional Head of Consumer and Digital Banking!
Now take a look at the Emailmoni app in the Google Play Store and you'll notice that the address for the Developer is emailmoni@mecincorp.com
Pretty easy to put those pieces together.
Your turn, please show something that indicates that UBA has never heard of MYEC, which would really be quite remarkable given that they are utilizing the company's product.
Anyone know what happened in Court today?
Yeah, the link isn't working for some reason. Just Google "bkrt market maker shorting", and the article will be on the first page of results, if you actually want to read it.
This Bloomberg article says otherwise.
[url][/url][tag]https://www.bloomberg.com/news/articles/2014-07-15/cynk-short-squeeze-blamed-by-trader-for-costing-him-job[/tag]
LMFAO!!!
Incorrect once again. Extreme? Yes, but only because they got caught with their pants down. However, this absolutely is reflective of the day-to-day behavior of Market Makers. It's just that they usually don't get burned when they are manipulating the markets.
By the way, who you claim to know and have contact with is great. However, it is irrelevant to the overall point, and does nothing to support your claims.
I too know people on Wall St., and I have a family member who is in-house counsel for a hedge fund. Unfortunately, it is irrelevant to my point so I decided not to include it in my post.
That is incorrect. Market Makers are absolutely involved in more than just ensuring liquidity in the market place.
[url][/url][tag]https://www.bloomberg.com/news/articles/2014-07-15/cynk-short-squeeze-blamed-by-trader-for-costing-him-job[/tag]
This guy worked at BKRT and his shorting cost his Market Maker employer a lot of money, and it cost him his job. There's no question that Market Makers have, at times, manipulated the MYEC market over the past few years.
Better question is whether Ed will use the payment kiosks to pay his court fees via emobile.
Yeah those were the days. Maybe Ed's working on getting a larger jail cell. He needs to step away from the company and let Eldad run the show.
No, that is incorrect. VOP stands for Violation of Probation.
Hey, is Ed meeting with anyone at his house in the next couple of weeks in order to make his deck bigger?
It's going to get filled all the way down to .0014/15 :)
Yup, and once it breaks this .0022 support the next stop is .0014/15.
Nah, I can't even get my low .002 bids filled. I would love for some .001's, but I doubt those will materialize either.
Doubtful....I have some sizeable bids in well before it gets to that price. There would need to be a lot more selling volume for to even sniff that price. My one post for today. GLTA!
Fair enough. I hope you're right, but I don't think the dilution train has hit its stride yet. Time will tell.
LMAO!! Do you believe everything an OTC company says? LOL!!! If it were about uplisting then they would do a proportional R/S (i.e., 1:20 reduction in AS and 1:20 R/S), but they most likely aren't going to do that which means some big time dilution is about to slap you right in the face! Which of course is just my opinion.
For once, I can say that I hope you're right! I have some sizeable bids in that I would love to get filled!
I believe you mean get ready for your shares to be slashed, and then heavily diluted. There's no way anyone can spin a potential 1:250 R/S with a 1:20 reduction in AS into a positive.
I know it's not guaranteed to be 1:250 but why not just say what it's going to be and not the broad range of 1:10 to 1:250. That's insane! Too much ambiguity, and too much risk at this point. I'm keeping this on my watch list though, and will look to re-enter after the R/S and the subsequent equity financing that will surely follow.
The fact that they are looking at possibly doing a 1:250 R/S while reducing the AS at 1:20 tells me that they are more concerned with being able to raise equity funding than they are with becoming a big board stock. Like you, I'm going to watch how the R/S plays out before looking to re-enter.
Haha....nah that's not weird. It would be if it had been listed on their site and then was removed, but that isn't the case here.
So I'll go with the head of digital banking for UBA actively promoting Emailmoni as "the world's newest game-changing technology" as all the information I need to understand that this is going to be something very big for a company with only approximately a 15MM current market cap. If UBA indicates something to the contrary then I'll adjust my expectations accordingly.
Wow, no posts in 4 days? Where is everyone?
That's weird, someone should let UBA's Head of Consumer and Digital Banking know that UBA has never heard of MYEC. He calls Emailmoni "...the world’s newest game changing technology and will dramatically advance the payments landscape in Nigeria and across Africa."
[url][/url][tag]http://leadership.ng/business/562396/weve-opened-new-electronic-payment-frontier-in-africa[/tag]
LMMFAO
Just opened an Etrade account last week so I could buy some at this price, which I never thought I would do again as I'm still sitting on a couple million shares (from 2013) in my Fidelity account. But at this price the reward far outweighs the risk in my opinion. I wouldn't hold my breath on the announcement of the second bank though. History (i.e., UBA) tells us that it's a very long process before the product/deal is announced.
What the hell is going on here? When does the next pump start?
That is factually inaccurate. Removal of the Stop Sign would be reason enough. Ed needs to start digging this company out of the hole he put it in with his free-wheeling smoke-and-mirrors show he put on over the past 24 months.
Now that there is supposedly funding in place, and they have launched with UBA, there is no reason why this company shouldn't start moving in the right direction.
My guess is that the funding took longer to get put into place, and now that they supposedly have the money to pay an auditor I would expect "auditor reviewed" financials to be filed by the end of February.
Indeed they are. The most pertinent revelation from K. Maciora's lawsuit is that it appears that he monitors the IHUB board, which is odd in and of itself. Why would someone who was allegedly involved in a conspiracy to fraudulently obtain shares of MYEC pay attention to an IHUB message board? Additionally, his request for names is a slippery slope, which could result in information being revealed that is detrimental to his case in which he is the defendant.
I'm going to enjoy watching how this all plays out. Get your popcorn ready!!
I can't argue with this post. Ed really needs to pass control of the company off to Eldad. I have zero confidence in his ability to lead, and if it weren't for Fancher and Seergate this company would be completely dead at this point. Ed, just happened to stumble into a good opportunity with the UBA deal. As they say, the sun shines on a dog's ass every once in a while.
Investors can also see that UBA is touting Emailmoni as the "world’s newest game-changing technology"....which "will dramatically advance the payments landscape in Nigeria and across Africa."
[url][/url][tag]http://leadership.ng/business/562396/weve-opened-new-electronic-payment-frontier-in-africa[/tag]
Or should investors not pay attention to what a multibillion/transcontinental bank has to say about MYEC's product?
If anyone knows of another OTC company with a product being promoted by a multibillion dollar client/customer with millions of customers of their own please let me know. I would love to hear about it.
Are people here still waiting for this merger? I've been hearing about this for well over a year now, and absolutely nothing has happened. Now I'm hearing there's going to be a reverse merger...hahahaha.....this scam just keeps rolling along. What's the next lie that will be used in order to keep people buying this garbage?
Your post demands application of common sense by others, but it fails to deliver on that itself. The train has left the station when it comes to Emailmoni. It's available, it's currently in use (i.e., transferring money), and any claims to the contrary are without merit (i.e., not supported by common sense and/or factual evidence).
However, the real estate issue is another animal completely in that there is evidence that Ed tried to hide the properties (most likely first from personal creditors by putting it in the company's name, and then from MYEC creditors by putting it in a trust), but it doesn't cause me concern regarding the viability of the company moving forward as this confirmed deal, and already launched product with/through UBA presents the first really big and already-launched opportunity for this company to earn serious revenue moving forward.
Yup, and this is why:
[url][/url][tag]https://deviceatlas.com/blog/most-popular-smartphones-2016[/tag]
2 of the 4 most popular phones in Nigeria are Blackberry's, with one of the Blackberry models being the most used smartphone. The link you posted while important for the future (1-2 years from now), is irrelevant to the current target demographic.
UBA releases/submits the app to Google, Apple, and Blackberry. UBA's name is attached to the app, so as much as you would like to attribute the logo to MYEC it is quite apparent that UBA is responsible for the design/marketing of the system. Maybe the bank with 12 plus billion in assets, and over 7 million customers needs some more money to be able to produce a logo that's acceptable to you. Lolzzzzzzz....
I have stayed away from this board for the majority of the past year and a half, and it's amazing the garbage that still inundates this message board from both pro and anti MYEC posters.
Speaking of which, where are all these text messages, private messages, emails, etc. that some claim to have from Ed? Who cares if some will claim it's photo shopped. If they are legitimate there are no legal risks in getting the truth out.
Awesome! Then you won't mind posting it on here and MYEC's and Seergate's Facebook page, right?
Wow...I haven't posted here in a long time. Glad to see a lot of the same names still around. Anyway, this is exactly why I haven't added any shares during this run up from .002.
However, your post really should say "up to 416MM+ could be dumped..." as we don't know how much of the available 500K was actually borrowed, and we don't know if JMJ has already converted some of what is owed. For some reason I was operating under the impression that JMJ had to wait 6 months to start converting, but having scanned over the 8K is appears that they could have been converting since December.
I guess I'm still restricted on this board, so this is my one post for today. I'll pop back in here once some legitimate news hits.
I was going to post this as well. I don't like the fact that the company abandoned the lawsuit to recover the 250MM+ shares from Titan. All they had to do was amend their complaint within 30 days, and they couldn't even get that done. Talk about a red flag. Their lawyer should be sued for malpractice for failing to file pleadings that were sufficient enough to prevail in what was essentially an ex parte proceeding.
This is the first stock that I've come across where Fidelity will not allow buys orders to be placed.
About 2.5MM shares were purchased at .0384 and over 6MM shares were purchased in the .039's. That would seem to be some serious buying per market.
The stock finished down only 9.5% with tons of selling, and that's a positive to me. I would say it shows that this stock has a lot of strength in the mid to upper .03's. I was happy to grab some shares at .0349 during the big dip this morning.
ARCA with a hidden bid at .0424 currently.
Fidelity will not allow buy orders for this stock. Buyer Beware!
Android and IOS apps are out. Go MYEC!!! On to Afriiiiiiiiika!