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I tend to agree. Its a "potential guilt by association perception". Not a strong enough a reason for me to downplay the relationship given the potential it represents. Sure some novice investors may be spooked but the whales and others will be able to see a clear picture.
Thats one badass list.
How about you dosome DD and stop embarassing yourself? This stock is verifiable by numerous third party sources.
Find a clue.
MYEC
Oooo nift-E
Not MYEC, thus off topic.
Aaaannndd i dont know sorry or I would PM you ;)
MYEC
Yup! Net 15, Net 30 typically. Hence the PR info they are sitting on over a mily in cash now. Proof that is what is occuring. Good call forgot about that part AR.
MYEC
Gotcha. I knew itd be a bloodbath and stayed out of the way even in the face of absolute mindblowing volumes in those stocks. Didnt want to have to research HARDCORE to sift throu all the crap when most of my capital was/is tied up elsewhere.
Im pickin up what your puttin down. I guess i see both sides, like if a person is THAT MUCH a newb than ANYTHING is gonna spook them out and maybe its better they dont even get in to begin with. Anything but a super novice is going to see we arent MJ. And theres enough consistent posting about this clearing the air to help inform, but of course not total.
I say dont let fear cause reaction. Then the terrorists win LOL. But Im not gonna kick and scream if it gets taken down or given less prominance to appease fellow longs.
MYEC
Well there r alot of SCAM MJ companies. We are neither scam nor MJ company. Its one account that will likely prove to be significant but a tiny fraction of overall revenues.
Shares were given to debt holders as payment im 99%. thats how it usually goes down. Otherwise itd jist be random numbers of shares not staggered round bulk amounts. They made out like bandits but it shores up the books.
Well, its been documented in the past they issued shares to pay down debt. This is why so many shares hit the market in the first place last year. Looks like it finished up in February as their arent any more accounts payable to look at.
The issuances were spread out which is visible on the 10Q.
Well peeps thought the SS was 4bil and one billy got retired to 3bil, when actually there were some debt issuances that ran the SS back up to 4bil. Its really not a huge deal, but the bash brigade will blow up anything they can.
Its all good boss. Hold for glory. But yes, it is certainly not ideal ;)
MYEC
Do you know what a hyper growth company is? And worthless? Quarterly revenues have gone up hundreds of percent. LOL. Go right ahead and short it, but if you expect it to go to zero you are gonna get your azz handed to you. And thats pretty much what worthless means.
Spazzes.
MYEC Long and Strong
Yes its the pumpers fault the stock is down. Because some of us r excited about the FUTURE. That's what investing is.
I thought a test was certainly possible as a high end guesstimate but certainly expect it to trend that way briskly at some point here in the near future.
MYEC
Kinda. They get their direction from the financial industry instead of self regulating like they are supposed to. So if the big guys want to impose their will down here, and they do cuz many short everything IMO, then the OTC becomes a target. The SEC can then go "see were doing our job" even though its screwing some people over or having a minimal impact. Just saw they "tightened" rules for a couple classes of OTC like it meant anything at all. Spazzes dont even realize what they r doing most of the time at the SEC.
MYEC
The names Active, Ron, Active, ;)
MYEC
Sing me your song Mr, Active. .039
Indeed. Thats why I didnt place a firm guess on action because theres an increasing part of me that knows anything is possible in the trench warfare of the OTC. Im still STOKED about the Q and PR because we visionarys KNOW thats one more BIG confirmation that we have THE stock of a lifetime.
MYEC
Sellin dried up yet?
Merill Hoge PR veerrry cool. Hes Gots connections up the ying yang.
SVFC
Yup.
MYEC
Well the price wasnt that high back then. AND that debt was probably agreed upon well in advance.
Chickens with their heads cuttoff. i just love where we are headed and how fast we are going to get there.
MYEC
I just love how this will sell itself. It can help literally every single industry on the planet in one way or another. It also obviously covers the consumer side of things too giving us a presence in every layered aspect of conducting business. Word of mouth alone should trigger a stampede.
Simplest, fastest, safest, cheapest way to *move money*. its like reinventing Cash all over again, if by using cash the inventor would get a cut of every interaction.
MYEC
I say gap at .045 with surge to .05 tomorrow morning, with SERIOUS potential for parabolic activity.
Thats certaonly your choice, but would u rather get in long now at .05 or wait and risk paying alot more. The writing is onnthe wall IMO. And there are plenty of big board stocks with much higher share structures.
Ohhh no way IMO. That would be supremely idiotic of them lol.
They sold licenses and their customers ramped up their usage. Intuit Quickbooks was a big deal, but may not have been a factor quite yet.
Its pretty cut and dry. Were not going to get a breakdown of every licensees transaction volume.
PR states theres over a million in cash on hand now too as well. Good stuff.
Deficit is a tax benefit thing over time. Operations resulted in the yearly losses which accumulate in the accumulated deficit category. So we dont owe that number to anyone, as weve already spent that money.
Essentially they had lost money since they opened the doors and thats all over now :) well apply earnings to the deficit and wont have to pay as much in taxes. The loss is kinda like a tax credit, cost of doing business or getting up and running sorta thing. Most businesses arent profitable for the first several years so these types of things are built in to help them out.
It was debt issuances. From creditors, not MYEC doing the selling.
Yup you got it.
Lol looks like Ed NEEDED to retire some shares just to get the final debt issuance out there. Im seeing a SS of 4,117,470,000 currently, making the float double what we thought. It would certainly help explain the never ending churn. I suspect we will see buyback and retiring of the float shares on an ongoing basis to bring it down over time.
Theres like debt issuances of 400mil in feb, 25mil in jan, 300 mil in August and 250mil in November. Helps explain the stubborn price all last year! Im so bummed I stepped away from IHUB in Feb for a few days to move and missed the superlows. But oh well!
MYEC
Lol. 3D-printer where are you I need 47 copies stat! ;)
MYEC
Agree. Now that theyve hired some peeps itll actually have a little meat, but the revenues are going to faaarr outpace any fixed expenses.
I want to have a physical relationship with the PR.
MYEC
Minimum! Were on pace to do that Q3 possibly.
I hear ya, but this number is a HUUUUGE confirmation that the bigger numbers you speak of are coming Uber fast. Tens of millions are certainly possibly by EOY, maybe even Q3.
I think I jacked themath up here dont take this as fact lol. When i redid our current earnings into a .25 share price it created a much bigger number, like 700+ lol. Either way, not going to be relying on those type of indicators. Its all fundamentals here.
Oh yea, needed to divide by 4 quarters. So I was right on the fly of 180-200 PE for a valuation of .25 based on Q1 numbers. Q2 will slice it in half or more.
Ohhhh yea.