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OK boys!!!
As I've said before, I sold because of a few red flags & to protect my bottom line. Well the game has changed SIGNIFICANTLY for me today!!! Not for today's PR, but because they now officially have not 1, but 2 ACTIVE certificates in BidSys!!! you heard that right, HIT THE ASK!!!! Time to roll!!!
BUY BUY BUY!!!
Hope Ed & team work on doing business with CheckAlt sooner than later... They keep doing things that matter & I want a piece of it
http://www.prweb.com/releases/2014/08/prweb12097911.htm
That's not true, the company isn't looking to be a processor, just more business for us, all good
Agreed, those hoping for 2c from this are nuts... Are they bringing us an additional $183K/quarter???
Lol
Just take it with a grain of salt is all I'm saying... If we assume they are making at the top of the spectrum of $1mill & all transactions are sub $500/transaction, that would add $10K/year or $2.5K/quarter... so instead of booking $183K, they would now be able to book $185.5K (at best)
I'm happy for the small victory, but read into the tangible equivalent on our books...
That is what I'm expecting & hoping for, only time will tell
Yup, happy, just want consistency & ideally larger deals.
All will come in time imo
I'm happy for the news too, but it's just not enough meet for me to make any moves, hope we start to see consistent sales going forward, but looks like small news to me. I expect a pop & pullback afterwards
But all in all, positive
GL
Thai
Sounds like a focus of their service is 500lbs + shipments, so they may break the $500/transaction to give us our $5 max/transaction, which makes good business sense for the company. They will save more than we make (but that's true for all of our partners )
sounds like they are in good standings as per the Q&A below & I like their list of reputable partners
5) I have never heard of MoveFreight, Inc. How do we know you are a reputable company?
ANSWER-We invite all of our customers to thoroughly investigate our background and business practices. MoveFreight, Inc is proud to have at all times a 95%-100% credit rating; we pay all of our carriers in a timely fashion. We invite customers to go online to any search engine and type in “reviews for MoveFreight, Inc” and see what comes back. We also invite them to check with the Better Business Bureau both locally and Nationally. Since we are dealing with vendors on a daily basis we know how important it is to trust the company you are working with. We can also provide references from customers that have worked with us in the past. Please also click on the testimonials page to see what others think of our services. If you still have any questions or concerns PLEASE feel free to contact CLIFF CLAYCOMB the owner of MoveFreight, Inc at his direct telephone number at 818-844-5767.
good news, moving forward, too bad for the typo in URL, for those looking at the PR, the proper URL is http://www.movefreight.com, not http://www.movefrieght.com...
Wish they were a publicly traded company so we could get a sense of the size of the business
Still a great investment, just be prudent. I've given this advice in the past to people looking for entry to any given stock. If you believe in the company (as I do), figure out how much you plan to invest, & put in 75% now & wait with the other 25%, if any material event takes place, you can buy with the rest & support your investment, or wait to see if there is further correction here (win/win)
OK board, you don't like my line of thinking here, I get it, it's just the opinion of one investor. I call it as I see it, not planing to continue to "bash", lol
What does a a long do when debt conversion is being flooded into the market like water?
"Hunny, forget the glass, bring me a bucket"
------------------
What does an MYECaholic do in times like these
Go to AA, even for the longest longs, enough is enough
But my core position will & I'll be glad to push it further when there is just cause, I don't play with all my eggs in 1 basket
I don't disagree with anything you've said, just pointing out that even though the catalysts are great here, catalysts remain big speculation & unproven until realized
I am in the boat that is hopeful & I believe true long term holders will be rewarded.
Just conveying words of caution for the short term, because without those catalysts, it may be a bit of a wait till we see a higher pps here & I still believe we are headed to subs based on fundamentals here.
But if you're ok to stomach further downtrend here, by all means. Holding long term will be fine
But if we do continue downwards & you have some $$$ on the side, you won't feel as bad & even if it continued upwards, you could buyback (all be it a smaller portion) & support your investment as it climbs
Nothing more, nothing less, we each have to decide on our investment strategy, just consider my post as food for thought
Long term investor & supporter of MYEC,
Thai
Hoping for something big, cuz where we stand, we are quickly approaching the end of Q3 (end of September), no new contracts, apps or anything else. VX Gateway is expected to go live by next week (supposedly), so at best 1month of revs from them & how much will that be?
All are happy that we're looking stable at over 1c/share, but at this point it should be safe to assume Q3 won't be much better than Q2...
Without a driving force to maintain the current pps, I would be quite surprised if we can maintain the base here
We all know it has potential, but that needs to translate to returns in order to drive us forward.
I'm not suggesting you sell your entire positions, but it would be prudent to take a portion off now, rather than regret if we begin to see a correction here.
Even the smallest of positions here will be rewarded if they can deliver, but I don't expect much more out of Q3 than what we've seen out of Q2.
Here's hoping Ed & team prove me wrong, but lowered expectations should be in play till at least Q4...
Maybe the shareholders conference should be in Rome next year, might be appropriate
Tired of referring to "potential" though, can't wait to say "realized expectations"
Feel like I'm having the same conversation twice, here & on FB, lol
Maybe, maybe not
Like I said, holding my core position because I believe in the potential & the circumstances here can change on a dime
But I'll be waiting for the dip to buy more
Agreed, I'm in it for the potential, just as everyone else, but makes you ponder the whole $100mill/month in transactions to become a partner...
I'm still sold on MYEC, and I have lots of cash on the sidelines at the moment for it the SP gets corrected. If it doesn't, that's good too. Very much wanting MYEC to succeed, but there are red flags & revs from Q2 paint a different story to me
Again, in the end, it will be only about how many shares you own in the end.
GLTA
Thai
Nice bid support here, let's see if it holds
MYEC gone global
That would be great! Ed for governor!!!
Maybe then we can get certified in BidSys!
Exactly
My bad, I misread your post, you basically said what I did
That's incorrect, check it again...
That is the requirement to "maintain" your OTCQB status, to qualify you must maintain the bed at 1c for 30 days, but not from the time of filing, so we would qualify at the moment...
I have high hopes for VX, but I called iCard1 & they are essentially making NO revs right now, the same as itonis, GreenPay & Sierra Global... InterPay is an unknown.
But as WhiteFish pointed out BidSys is another red flag, yet the Co. Continues to quote it in Q2 filings
I emailed Bruce, because he certified the info provided is truthful & not misleading...
No response yet...
Lol, true
No kidding, a lot of kiddy activities planed. Appealing to some of the very young investors he has???
All we can do is sit & watch, the decision of sub penny or not is not in our control...
This is the MMs show & all we can do is profit from their stupidity
My personal bet is on subs & if it goes there, I'll gladly add to my portfolio
.0109
Hope it's an open bar weekend for all the MYECaholics
The least they can do 4 us...
Scratch that... Will negatively impact our bottom line, maybe we should hold the meetings in the park, lol
Yup, go easy on her
Lol
Everyone get your shares!
Can't attend if you're not invested
This is a false statement, was never that low
I'll agree if we were on the Nasdaq sitting on so much potential we would be trading at a minimum of 100x, but we're not and our business concept has yet to be proven
All good, I'll be here for years to come to benefit off of that potential, but I'll be waiting for subs to buy more soon
I think most investors here are in it for the potential to be realized (myself included) & for that, most will be here long term, but it is my belief that most here are being emotional about the pps (it's not going to go under a penny), in time that will be true, but emotions will pass & we need to be ready for a reality check.
I do believe in the company, but the fins came as a surprise to me (was expecting at a minimum $250K), granted the numbers aren't so far off, but instead of getting emotional, I try to see it objectively & as yet another buying opportunity.
In the end, as I've said many times, it'll be more about how many shares you own, rather than what price you bought at (& I want more shares)
Bring on the sub pennies, or watch my investment grow
GLTA
Thai
Can't justify using Q1 numbers due to licensing fees IMO, they are not reoccurring & may not see more for a long time. Makes no difference to me, but if no fundamentals arise (& I'm sure that they will) we need to look at the most probable revenues at this time
Soon enough, none of this will matter, but for now, it does IMHO
Thai