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Tomorrow is the last day to chip in to get the cheepies. Naaahhh i was just kidding. I know he won’t do it. He didn’t even promise this time. It was a tentative one. Just don’t fall for it IMO.
Stock price proves that the nov 15 fin filing is not to be trusted. I doubt the drunkard will have any interest to do it. This day will pass by before he gets sober anyway.
Who is this outsourced cfo Brit? Any credentials about him?
On a high volume day pumpers become more active and flippers hunt begin.
I think he is helping someone to scoop alot illegally. He won’t do it this year. Such an idiot he has no ambition and skill to make it history. If someone else bagged UBA like client he would have shown what real strength MEC has.
He is already wondering how so many people are still talking and trading this stock. He doesn’t care us anyway.
Ahhh we are at the brink of eviction. Aintit it feels like it?
Iam not sure how long Ed wants to spend his life With these kind of teasers. Common man do something before we bottom out. Its not too far now. You are killing us.
Fins will not be this year. Loan money from related party is just fake. All lies orchestrated by Ed as usual. He will see us bottom out and then let his related party scoop all so that both can be profitable at the expense of longs. Ed himself treats the genius.
30 mil dumped in 2 days. Iam worried alot. Where’s this coming from? Doomsday close enough and Ed is not worried at all even holding 2 bil stocks which might become worth less. Still nothing. Shameless.
Apocalypse coming soon. Ed the idiot is still cracking smoke.
Some one dumped it seems. Is it any related party ?
That means he is not only getting consistent with slow to none progress but also getting used to slow updates on FB as well. Well atleast he is better CEO than anyone in slowing down things in all sorts of things. Iam sure he is slowly waking up slowly eating slowly walking and slowly writing on FB. The slowest CEO award goes to Ed.
Ed is the prima force behind this pull back of stock to such a low levels and god knows where it is destined to going forward. All investor's money is either struck or lost and cant get out that easily if we still hold. Its hard to reason out if this is all because of Ed's personal life or not for this slow to none developments for years. Any which way, he is an exemplary example of how a failure CEO can ruin the company and dump the trusted investors forever at his will.
Unless Ed resigns keeping aside his ego, this would be hard to pull back. However, is there a good replacement i believe no for that too. Jim Fancher if he stayed with the company would have been an ideal replacement but we are not that lucky too. Only Jim is lucky so far.
Anyway, Fins is going a never ending story and there is no need to waste our time bragging about it. Ed exactly wants us to see get tired talking months and years about fins so that he does not have to deliver them. Reasons?? No one knows except few in MEC.
Until then, this stock will remain to be a flipper's lunch money making scheme daily basis.
In 9 days it marks one year of UBA. Who knows there might be some agreement on declaring financials until then. Hoping Ed won’t do anything anyway but still there’s a hope for things that may happen. Or not.
If Ed related party stuff is true I believe accountant started reading the ledger now after he/she was paid. Iam not buying that he will post near future. Another coverup done well to fool us. Ain’t it Ed?
Ahhh millions. Can we have a proof? This needs revenue generation in US. Isn’t it?
I still don’t understand why they even tried it. When Ed failed to make any money using his own product that was Jay thinking that he can do by taking that risk. If he was able to then I would say either Ed or Jay one of them is a fool. Hypothetically Ed seems to be it.
Good Post InnVest. I do agree with it. I still believe we are in this mess because of the CEO and his attitude. He makes us wait on every damn thing that he ever speaks on FB. He gives lot of room for every one to point out his mistakes. That is how i believe we are at this PPS. I still remember how he made us wait to deliver the first App back in 2014 where the PPS went to 0.08 and eventually dropped to 0.02 or below in short period. Had he ever planned well and delivered well, we would not have seen the big jump for the dumpers like Titan, seven miles to dump and bring it back. He left too many cracks to let the bad water come in. He never planned well. He don't even know how to and what to and when to release the PRs. He never know what to promise and when to deliver appropriately and eventually he gave room for his offenders to pick on him every time. His inabilities created so many big tides in the PPS but never been able to keep it stable. This itself is a warning for this stock leading to the STOP sign eventually. Had it been to given to a street smart kid, he would have run this much better at a consistent pace with stable PPS rather than jumping up and down and it could have been a very healthy position for traders to trade with confidence. Now no one is able to play it with trust.
I too believe in what he created and i see what clients we have which is the only trust we ever had on this in years. If there was no UBA this would have been bottomed out already. The worst part is that he does not even know how to deliver the promises with staged deliverables continuously. He cares no one and he lacks the skills to steer the ship in right direction. If he continues, the ship will sail through lot of tides.
I wish he keeps his ego set aside and let someone better run the ship. After all he is the biggest share holder and he will be able make money in fact tons of money for himself if he could do that. I am confident he will realize it soon and will pass the baton to someone able before it is too late.
Patent may be helpful in US after july 2018 when electronic check bill is in effect. But if Ed is in chair he will watch someone else enjoy the results of it. He won’t be able to move things faster to gain with it. What a useless CEO with a hold on useful product.
Fins an epic drama
Patent a nail biting thriller
Real estate a horror
Revenue a chart based of late night comedy
This CEO is a time and money wasting movie package. Yet he proved how people can be made to stick i mean stuck with it. Can’t move on and can’t sit on.
Get down ED and let someone handle this please. Please. Another please.
Get ready for the Holidays card to be played by Ed to again postpone this funs filing to next year
That’s literally a 60x or 6000% jump from now to reach 15 cents. At the pace that Ed is going with it takes 60 years to reach that. Or maybe more. If some one else all it takes is the company shows atleast 100 million revenue with 5-10 million profit with a forecast of 20% jump year over year which still is a pipe dream in the years to come. That too if there are no more scams or pump n dump schemes.
Wait. There was not enuf money to pay to accountant and ed is fielding his legal team on the case. Why is he trying to side track the fins all of a sudden. He also posted about fins bit that seems to have become last priority? Sounds like another lie to me. Thats just dumb to think we still believe what he says. Get down and let another able person run the show while u go het high anytime.
I don’t think there is any huge revenue at this point. As per his statement MEC is not making sufficient money for even meeting the operational expenses.
Well that means it’s hardly in thousands per month. May be that’s enough to say that there will be financials this year. Besides the holidays excuse is expected to arrive shortly from him as if the whole world is going to stop working in holidays. Anyway until next year the drama continues in my opinion.
I already lost 90% of my investment and sitting on a pile of stock. It doesn’t hurt me any more to loose the rest too even it is big money for me. I am not ready either to move on. Will see thru the end what happens to it. Ed has already proved he can’t do what he is supposed to do. Is there a hope? I don’t know. I wish there is.
May be he meant he can’t pay his own bills and dues. Sick’Ed learned to trick us. He doesn’t know how to act like a CEO. He may not be even sober at this hour. Before he accepts himself and gives away the job to someone else able it would be a disaster for all of us. His ego is putting us all on fire. What a nonsense drama this has been for years.
Yep very very clear that Ed is thinking and making the longs all fools. He celebrates April 1st once in every week and shares his joy on FB. Wow.
I echo what you said. I feel he reads all posts but doesn't feel any shame at all.
If revenue generation is true and consistently growing high, whats holding up still useless ED to publish the financials. If this real estate stunt happened, 2014 audited financials would have already revealed it. FB posts do not carry any numbers to show as so called 'evidence'. I believe it is equivalent to some one posting a fake Ed picture with broken teeth.
I suppose you should post real numbers which at least are worth calling evidence. He is posting charts and percentages with no numbers. I am not sire how that is called an evidence. Makes no sense in this in this claim.
Writing on the Facebook wall is not the real sign of productivity. Write the same in SEC wall that reveals the truth and decides the productivity imo.
Isn't it enough drama? Is Ed having a good life for keeping us all on the cliff's edge? Is this fair?
Series of pumps.... buy buy... Ed lined up already lot of dumpers next week.
Negerias currency is nairas which is at 358 / USD. So nigerians pay 72-74 nairas per each mobile top up ccording to dollar to naira conversion. I wonder what can a naira buy for them.
I meant we are NOT in a position to sell and move on. Sorry for the typo and I can't edit it from mobile.
I would love to believe that this is a true statement. But there has been nothing from Ed for the past 2 years to prove it authoritatively. As long as he is shy of posting fins it would still be a fact that he is hiding something from shareholders and the SEC. Its wrong or right but he is not letting the things go easy for us. 2 years is a real good time for proving this.
I don't know what is happening with fins and patents but we all need some relief for being long standing on this stock. He didn't care us so far and he is pushing it further to let everyone down. After all there is a level of patience for anything. We are in a position to sell and move on as well. Why he is holding it up is not needed. When he is publishing financials is definitely needed. That's the only source of truth whether or not its a true report or fake one.
He didn't deserve to be a CEO with a product in hand clients in bag and yet he doesn't post fins.
Its my opinion only and iam very much disappointed. I wish to be proved myself wrong in this case though.
I am not trying to be sarcastic here. But, do you think Ed cares the FB posts asking questions about the company's transparency? He goes silent on those. Since, those questions were asked politely it would seem rude to delete them so he let them be there. His awful unexplainable silence surely irritating. I am sure he is using the Facebook to buy more and more and more time to hide his inabilities. He will not post any fins this year. When this month is over, he is going to use the 'HOLIDAYS' as his shield to not to post the financials showing accountants are in holidays. He already used it for other things in the past. That will fetch him another 3-4 months from now before he comes up with another lie to say why he didn't post the financials.
I wonder if the $150k is a big deal for him given the fact that he borrowed millions of dollars from the lenders. He knows he could pay that money if there is a revenue generation which can be showed to the lenders to borrow this little more money probably giving some 20-25 million shares at the current price.
I don't think he is planning to do that at least in the next 6 months or so. I don't think this company will ever get another CEO because a new guy thinks he should file the financials and that may put him in trouble? who knows? i am just thinking loudly.
Down by 95% sitting on a huge pile of stock. Feels like dumb myself for being trapped and not motivated at all.
Ed when is the next lie about fins on Facebook? Week turned to month. Now month turns to year i suppose. You became a pro in managing the crowd on Facebook and you learned that you can easily push anything as long as you can. Isn't it? What a CEO you are? Can't show what you have achieved so far officially. Honestly pls ask yourself if you are a good fit to be called as CEO. Oh you don't know the meaning of honor and honesty. My bad.
Go MEC.
Its him who said that he will file fins this month 'committed'. Its him who also wished he said he will let this company a reporting one. How can the investors are screwed by some one else other than him?
If he paid at least partly then why not he let few quarters fins posted worth the payments he already made to the accountants. Was the deal always to file all fins at a time? Wasn't it a better deal that we file gradually one quarter to another and get to the reporting state eventually? It at least keeps the confidence on this company. Isn't it? Any person with some sense can easily figure it out. I am sure partially paid is not a trustable statement. Makes no sense to me.
Our worry is not the lack of money but our worry is that he thinks we shareholders are fools so that he can lie anything on the Facebook.
He must step down and let some responsible person is given this job.
Is Eldad is also the same type of lier or is he a better person. I doubt becoz he is still partner in crime.
Lie after lie. Is there anyone else in this company who can speak? This idiotic CEO deserves no position. Ed had no shame at all to to lie. Earth crumbles beneath us share holders and he doesn't care. I wish i could vote him down easily from his position.
I wish he at least files last year's fins. What a shame he didn't deliver even one quarter yet.