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You probably bought into the hype, hoping to get rich overnight
ain't gonna happen, this is mid to long term play
If you did your DD you would have realized that ..
News has to come out tomorrow.
Officially said in the last PR - and we have one day left.
Hope the CEO understands what significance the final mergernews has for short - long term success of the company
I'm confident that we break .05 by the end of august
I believe that ed intends to publish the progress of the company, deals and future plans along with the Q2 report.
Germansoul you know any brokers for otc pinks that are accesible from germany?
seems like my broker is not trading myec on his platform anymore ...
need to transfer asap.
Either tomorrow or friday was officialy stated in the last pr
I would sell at least half of my shares just to be on the safe side.
But the 1$ pps might be years away from now.
Think that we'll be able to form a new bottom above .01?
Final closing of the merger
stated in the last pr that it is scheduled for this week.
I really wonder , how easy things would be if he would retire his pack of shares.
You guys think it would be feasible at this time?
Not sure if it would pose any problems for the company.
I noticed that the PSG calls on myec are closely tied to this board.
Makes the impression that one or more are actually from PSG
Alright now we know that no news is going to hit this week.
lol
Lets hope that this time we can form a new base at .01
Wrong board?
That was in the last PR on 7/18
"Greenfield President Henry Fong, said, "I look forward to completion of the Carmela's Pizzeria closing slated for next week"
So the final closing in not quite done yet
Closing is scheduled for this week ..
crucial week for the companies future.
Agree on that, good things to come
But I have to say its getting a lil bit crazy in here again.
Saudis, Paypal , China, ... seems far fetched at this point.
Q2 isn't even out yet lol
I believe with the Q2 report, the ceo will also reveal many things along the way.
The pps will most likely be trading in the .01-.03 area till quarter 3 and 4.
From there we probably see a steady rise to .10 till the eoy.
Hope everything works out well for us ... and the company.
Weren't you all hyped up the last couple of weeks?
If I recall, you did exactly the same thing, shouting out some 'amazing' stuff about buyout and the like.
Seems to me that you tripped over your own hype.
Its not like the Revenue in Q2 can be worse than 0, right?
=)
.05 within the next 2 months -> .10+ end of year
Assuming the PPS would move up to 1 Dollar due to an buyout ... what would happen if most ppl would start dumping their milion of shares at a time?
How is that a positive thing? lol
Please no more Sierra, PSG or the like.
And what makes you believe that?
But what was the point in picking up those 3b shares if he intended to retire them later on?
I'd rather see a R/S + merger
than no R/S and no merger
He wouldn't know
CEO is not allowed to go into detail
By now we all know that the merger will be finalized in the near future, which will result in incoming revenue in the quarterly report.
that can't be denied, right?
Its not like a R/S is a rare occurence here in penny land
so you're saying that there will be no merger?
= ppl that bought got all smoked?
where did you get the info of the r/s?
So we basically got the pre-final-closing =)
which means that when they announce the end of the aquisition we're running?
I think MYEC has a hard time here in pennyland due to the fact that most ppl that invest in pennies give two shi** about solid DD and long term outlook of the company.
For most its more about getting their dose of news every week to pump the pps without any solid DD behind it, and quickly cash in.
I mean the CEO could have PR'd every single partnership but he didn't. Shows that he focused more on the longterm value of the company rather then a shorterm dump
How high is the demand for the echeck service generally?
We know that paypal offers one that is much slower and not cost efficient, but what if theres not much demand for it, making the buyout not worthwhile for paypal.
.10 seems feasible at the end of Q4
In fact, massive revenue is expected in Q3/Q4 considering how many deals were signed since april and hopefully ongoing.
I believe these promotions and "calls" about buyout talks wont do MYEC any good. It just makes it look like a pump and overhyping.
MYEC has the potenial and the conncetions so theres no need to rely on shady stuff like that
Q2 report should show some incoming revenue.
Guess it will decide where we are heading to.
Assuming that the deal went through.
I doubt that the ceo would released a pr with the failed merger
With positive news, we might even break last the high
Anything new regarding to updates?
Not sure if I missed something
welcome onboard
how much you plan to buy?