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He's getting ready to announce something big and he wants to boost his ego???
With the bid and ask being so close why would anybody bid sit!!!
I don't own this stock but I've watched it for a couple years. The cost of storing and streaming 4k content to a residence is more then the average person will pay for. I spend a lot of time every year at the NAB (national association of broadcasters) researching the latest technology for streaming and broadcasting. NTEK was not there. With the capital that the major players are putting into this I don't see them competing at all. Sony, Panasonic and several other companies already have this ability. They are just waiting for the infrastructure to catch up so they can deliver the content for a reasonable price. All the big guys have 8k cameras already and canon has 16k cameras being used in the medical field. I can't see them surviving the competition.
MYEC doesn't need an MMJ pump!!!!
This is what happens when you have people holding 30 - 40 million shares. It's is the same effect as dilution.
We can not rule out the possibility that Eds wife got 50% of the company. If they were married at the time the company was started she is entitled to half. There was a reason why Ed gave himself the one preferred share that gave him sole voting rights basically. I have been involved in a company before where the wife divorced the founder and was awarded half of the founders shares. Since he only had a 51% majority at the start he ended up with 25.5% and she sold hers to his rival and they were able to shut him down. I'm not saying this is the case here but it is a real concern. There are some questions I would like to know the answers too. Were they married prior to the start of MYEC? Would she have to file with the OTC to sell hers?
I'm still holding all my shares and adding but have some serious question of how this divorce went down.
IMOP when all the MMs disappear when the market is closed and the Ask jumps up to .03 Its a sign of volatility. Nobody wants to get caught with a sell order below what this can do on news. So they remove their sell orders overnight and wait to see what the next day will bring. Everybody is waiting for the inevitable news!!!!!!
MYEC has not dropped back down to the low 2s so they can re-enter!
I think MLK would've wanted the markets open tomorrow!
This is nothing more then people right here on this board flipping and taking profits. Most have been around here long enough to know that we probably won't get any info from ED till March.
Flip away! Just know you may have to chase. I'm a true long and by that I mean I have not flipped a single share. I'm jealous of those who have the time to flip and double down, more power to you.
The fundamentals have not changed here. The only things changing are increasing revenue and more contracts being signed.
The daily PPs does not matter to a true long!!!
A few thoughts.
Because of the anticipation of the year end report and audited financial, the PPs started to go up. However people that claim to be long and have been around MYEC for awhile saw a chance to flip and double down before news came out. That is to risky for me, as I can't watch it all day.
As far as the year end report or PR. I'm hoping to see increased revenue, and news of new hires. The profit margin may suffer a little with the expense of new hires. The addition of sales people is a must for MYEC to expand. Banks don't change their systems just by word of mouth advertising. You need some well respected industry people to sale it.
If long and Strong can ask one more question of Ed. I would like to know if his wife got 50% of his 3 billion shares. This could be why he issued himself the one preferred share. The EX could be a real pain to all share holders.
Be patient! I've been through this same type of situation before. This will take about ninety days from the time it stopped trading till we get our shares.
The fundamentals of MYEC have not changed! Flippers and MM are manipulating this! I'm long so not bothered by this at all.
Shake shake SHAKE!!!!
The manipulation starts again!
Somebody trying real hard to walk this back down! Hold tight! We haven't even lit the fuse yet!
I will take a scam like this any day!!!! Increasing revenue, no debt! Come on ED scam us some more!! Well there's my one post, go MYEC!!!
My one post for the day! Go MYEC!!!!
I can't provide a link to the 400,000,000 new shares. However that is not uncommon. If you thought the share structure was going to stay at 5,000,000 then you are smoking something. There would be no reason to do an RS and leave it the same. I have a small stake here but it was a high risk gamble and I knew it. Maybe this time the new company will have some revenue and the stock will go up. Take a look at the history of HTSC and the annual report they just filed. It's almost identical to what is happening here.
For people looking at MYEC for the first time. Please make looking at the profile of the persons bashing as part of your DD. The longs that have been here for awhile have researched MYEC in and out and if you do the same you will be surprised at the great opportunity.
There are plenty of brokers who will let you short, but they don't do for a 7.99 trade fee. I suggest you get a real broker!
Really?
Anytime you have a stock like MYEC that has true longs. You will get burnt trying to short it.
You are wrong! It depends on your broker. I assure you I can short a penny anytime I want.
Somebody really got caught short here! The trend is not the same as the last run up. I believe somebody is going to get squeezed! Go MYEC!!!
They are going to walk it back down as the flippers flip out.
I think we are going to see some MM manipulation today.
That's true 99.9% of the time. But this is the other .1%. This CEO knows what it's like to trade on the big boards and wants to get back there.
How does a bank become an international bank?
Somebody somewhere is worried about the potential here!!!!
You trying to get more?
I'm only seeing 300,000 on the ask by nite at .0024?
What are you looking at?
Or retire some of his shares.
When the PPs starts to go up and those large share holders(flippers) start to dump it just drives the PPs back down. This is why I don't slap the ask! Until we shake these people out this will stay the same.
People holding those large amounts is why this doesn't move.
This sounds like a family squabble!! Really!! So immature!
I don't buy hype, I do my own DD!
I have a feeling some longs are not so long! How long is long? Some longs are created because they bought to high and don't want to sell for a loss. They are not the true longs. The true longs are patient, they buy the dips, not to average down but to accumulate. Just because you got caught holding doesn't make you a true long.
Exactly!
The last quarter financials and PR is enough for me!