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Timing is everything here..even novice traders can make money with this gem!! Glta
Exactly why you don't recommend penny stocks to friends!!..they become X-friends
More like ducking and dodging
3 years ago the only company address was a rental house in south Sacramento.. funny how history repeats itself
A million dollars in Shares sold by the CEO because of that upgrade..to him it was well worth it..this isn't his first Rodeo he has done it before and will do it again..right before the massive RS he will off load the rest of his shit tickets..just like last time
The pump was paid for by a group of investors here..I was invited to participate.. the strike was supposed to be ..0950..someone pulled the trigger early and the sky opened and began to fall..
5 BILLION SHIT TICKETS HERE....HOW FAR WILL IT FALL TODAY..
OTC DOWNGRADE NEXT..THEN MASSIVE RS
Both investors and companies should understand that market price based convertible security deals can affect the company and possibly lower the value of its securities. Here's how these deals tend to work and the risks they pose:
* The company issues convertible securities that allow the holders to convert their securities to common stock at a discount to the market price at the time of conversion. That means that the lower the stock price, the more shares the company must issue on conversion.
* The more shares the company issues on conversion, the greater the dilution to the company's shareholders will be. The company will have more shares outstanding after the conversion, revenues per share will be lower, and individual investors will own proportionally less of the company. While dilution can occur with either fixed or market price based conversion formulas, the risk of potential adverse effects increases with a market price based conversion formula.
* The greater the dilution, the greater the potential that the stock price per share will fall. The more the stock price falls, the greater the number of shares the company may have to issue in future conversions and the harder it might be for the company to obtain other financing.
Before you decide to invest in a company, you should find out what types of financings the company has engaged in - including convertible security deals
Those transactions don't equal revenue...thats what is needed to pay bills..how is MYEC paying the bills? 2 years ago there was alot on the horizon..and "most" didn't amount to shit..08 to 002..is alot more than "2 steps back" glta
He said "maybe" monday..we all know Eds maybe means ain't shit gonna happen..that report is shit and he knows it..otherwise it would have been done..
Not even close to the top..for every step foward there is 2 steps back..that is not progress..that's failure..over and over..let's just say the burn is only 12k a month lol lol..how can he continue to pay the light bills?? Ding ding ding.. conversions yes correct..more and more needed to keep going..then O my guess what either he increases the AS or does a RS only 2 options to even think about making it to the next Q..
If the Q was worth seeing he would of had it filed on time..he knows what he is doing...why let the pps fall so far on a late filing that he knew was due
Ppl watch this for the same reason they watch Nascar..for the brutal crashes lol
The app is "closed loop" per the CEO..this is shit technology..more like a prepaid gift card..and any returns on funds deposited are solely based on the Companies solvency..that's scary considering they are relying on toxic loans to pay the light bill
How will debt be paid when current revenue doesn't cover the current burn rate? ..not even one month of it?
He has been KNOWN to lie..this isn't is first dance..he has done this before....how can you pay past debt if you can't afford current burn??those conversions are due and hitting the MKT daily..and will continue for some time...002 isn't the floor...if 002 convertors are hitting half thier notes at 004 then they are still in the money at 001 for the other half...stop sign on the way this could get nasty
Nobody even knows what the processing fees where for said transactions..every contract negotiates a diffrent price..and some of the transactions are 3rd and 4th party with to many mouths to feed..LET'S SEE THE REVS ..what a clown this guy is
The burn rate is 25k a month lmao....This is headed much lower..conversions are already hitting..The company can't pay the current burn let alone any owed toxic debt...only way this ever sees 01 again is a 1000/1 or more RS...stop sign cometh
MASSIVE Reverse Split ON THE HORIZON..5 BILLION SHIT TICKETS AND COUNTING
Isn't that company a stinky pinky with a stop sign?
002 conversions are due
Massive RS next..swallow pride and save what u can
Paid Promo is over someone was left holding the leash.. 3 million on the ask WoW!!
The bid will be gone on Monday should gap down 0045 then the bleeding g will increase
OTC downgrade is inevitable at this point..it has fallen to far....why even waste money filing the Q.it would t save this shit storm
Again!! 002 is more likely than 01..to many 002 Conversions due..5 BILLION SHIT TICKETS AND CLIMBING..
Some have not been around to see this scam playout..3 years and no revenue except selling shares and passing out conversions
Waiting on the HUGE CONVERSION DUMP is like cranking on a Jack n the Box..
P.S. millions in Conversions due guarantees a lower price
This will hit 002 before it ever hit 01 ever again
Millions in 002 conversions due..it's all in the filings!!
Selling shares is the only revenue this company generates..can any person show ONE verifiable link to a single payment processed? Not FACEBOOK posts..who does Sierra Global process for verifiable links? All lies
MASSIVE REVERSE SPLIT NEXT..5 BILLION SHIT TICKETS HERE AND SOON TO BE MORE
This SHIT SHOW just gets worse and worse on a death slide for 08 promo
Will close red..MILLIONS IN 002 CONVERSIONS..PAID ACTIVE PROMO HERE
So many revenue streams in the works here..looking good
Will definitely go lower..Millions of Conversions due..0021
2 buck chuck promotion is all this ticker can afford these days..PAID PROMO is winding down
POS can't even file the Q on time...probably better off..when the numbers come out this is headed for trips..that 01 is LONG gone OTC downgrade coming next