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How is that link a negative for MYEC?
It was Roadside that committed the fraud not MYEC, and Ed made good at his own expense. I hope nothing has changed.
Not sure what everyone was expecting? The site is live, were you expecting to logon and see money being printed?
MJ-Pay will have a little impact on Q2 and will contiue to grow.
The good take away is that they are hitting their deadlines, so as more of these initiaitives are executed we can expect better finanicals which is all that really matters.
Looking forward to seeing Q1
A PR would not necessarily stabilize the market. The market dictates the PPS not the CEO
Their PR strategy is long term, not dictated by day to day PPS flucuations.
Just my opinion
Not sure how a combination of silence and crashig PPS figures into their plan of uplisting
Cant say I'm not concerned
Haven't sold a share yet
Wow, what a day to have no dry powder :(
Just logged on, didn't see that panic coming.
It will bounce back. Hope it bounces quick.
I wouldn't call it a continuing drop.
Since 4/14 the PPS has fluctuated about 14% between .04 and .0464
Over 130,000,000 shares have traded for over $5,000,000
This looks like solid trading and consolidation to me without any news.
Holding pattern waiting for launch.
$MYEC
There is a reason for no news lately.
IMO if they really want to uplist they will need to get this PPS substantially over .10
My gut tells me his new team will be executing a plan to make that happen and push us to .25 on a steady series of PRs mixed in with quarterly financials and ultimately the audited financials.
The next 6 months+ is going to be awesome and the shorts will get burned if they try to flip expecting large gaps in news like this. Once they start the march, this wont happen again.
All IMO GLTA!
Here is the link. Most of the promos were paid by third parties.
Nothing paid by MYEC or any 3rd party since last fall.
http://stockpromoters.com/View-Stock-Promotions-By-Symbol.aspx
No big deal.
5 Red days - only down 6% Nice consolidation.
$MYEC Strong!
New to the board. Just picked up a few. What is the word on dillution? I see they had 2.7b 8 months ago, now they have 6.2b.
Will they continue all the way to the full 8b?
Great idea. Don't put it in his name though or it will mess with his college financial aid.
14 yr old son now a proud MYEC holder
He took his report card money and bought 5,000 shares today!
LMAO Well played sir. Well played.
MYEC is a very unique find on the OTC. There would be no value to an RS at this time. Sometime in the future when he wants to uplist, he may, but it will only be to our benefit. Again like I said , not a typical pink stock.
I'm in banking and feel really good about MYEC. To the point where I have told my friends, and I have NEVER done that before with an OTC stock.
Hesitation this week will cost big $$, and I'm not a pumper!
Certainly due for a run!
$MYEC
Green today? News tomorrow? Green rest of the week?
Sounds like a plan to me! $MYEC
Agreed Hope he can make it happen ;)
$MYEC
Keep in mind Amazon only has 459.3MM shares outstanding.
Not to say that MYEC cant get there.
Once MYEC is on the Nasdaq for 14 years, and is restuctured to support large PPS it could be there and some investors will be filthy rich.
What happened to the volume after 12:00 it was like a premature ejaculation. Think we have a round 2 this afternoon?
The whole market is down. Very red day. Just means that green is around the corner.
Good point
I was using the tax arguement against him reinvesting the money into the company.
But if its for personal use then you are certainly right about the benefit of the long term gain being less than reguar income, assuming he is not over 400k in income, else he will get wacked with a larger tax for 2014.
So he doesn't know what the Q1 results are? Of course he knows and it IS insider trading, hence the filing requirement.
He's not doing anything illegal, but you can not deny the writing on the wall.
So he is going to sell shares, pay taxes on the proceeds and loan the money back to the company?
That would be ludacris.IMO
Explain to me the financial beneft of that approach.
Most of you sound rediculous on this topic. But whatever.
Bottom line I hope the PPS rises, I just referred a friend to this stock. But this news is a warning flag to me.
If that was the case he would issue shares from the company not sell personally and ahve to pay Taxes on the sale.
Don't kid yourself.
He owns the stock PERSONALLY he will not be paying people with the proceeds!
If the COMPANY issued the stock that woudl be a different senario all together.
ALL increases to the public float have Negative impact on the PPS
If he was expecting the PPS to rise with big PRs why would he be selling. Why would he not wait for the summer when its at .25?
Go to be prudent here.
Wrong! The point of a publically held company is to raise Captial to be reinvested, not for personal gain!
R U all f'n crazy?
If he 'deserves' more money, he should increase his salary.
If its legit, it IS material. Its almost $2,000,000
To pay taxes?
The owner selling on the open market is NOT a good sign and will keep the PPS down.
Investors need to carefully watch the share structure here.
I like what I have seen so far this year and I am MYEC long, but I'm not a fool either.
Posting a screenshot of this would add creditibilty.
I can not find this filing. I have etrade but not Pro.
If its legit I do see this as an issue.
That is what I am talking about.
Per PM I was just told that there was another dump in January, but that should be it. And I believe that Ed is not dilluting anymore because he doesn't need to. The debit is low and revenue is coming in.
I sincerely hope that a majority of that converted debt flowed through in Feb-Mar during the big run. That way we will be better postured to get to .10 - .25!
Maybe my math is off, feel free to educate me just don't be a jerk about it.
# O/S
12/31/13 - 3,787,470,000
retires 1 billion = 2,787,470,000
as of 2/13/14 = 3,086,321,486
How is that not dillution of 298,851,486 shares?
And your being an A-hole why?
I did read it:
Issue of Share buy out of Tangier's Convertible note, October 30,2013 - 250,000,000 shares
It was just a question, wondering if all of those had been flushed through yet.
And, who's to say that in Q1 none of the $478,188 in AP as of 12/31/14 was not also converted?
Again it was just a question you didn't have to be a d-bag.
I wonder how many of the shares given to long term debt holders is left out there. That's why this PPS is all over the place IMO
Its all about interpretation. I'm not forgetting about it.
If we could reverse split right now and move to NASDAQ would you be in favor? I would bcause that woudl be GOOD for shareholders.
But I am done arguing this. I didn't bash, I am pro-MYEC.
But I do have work to do, GLTA.
3.1 I stand corrected, but my point is the same none-the-less and I'm not bashing at all. I expect this to go to a quater in the coming months and then let's see what happens.
People talking about $ right now are talking out of their A$$ at the moment.
Not true. He said:
"Currently there is no need, therefore no plan to restructure the Company equity. A reverse split at this time, for example, would cost shareholder value we believe and would give shareholders fewer shares at an inequitable value. We are however open to restructuring if and when we believe there is a viable reason to do so. It is very likely that equity restructuring will be considered in 2014."
Uplisting to Nasdaq would be a viable reason. And one I woudl welcome.
I didn't do DD on that but I had read on this board that they were unrestricted. I'm glad I'm wrong.
Understood, but his billions are not restricted and the preferred could be converted as well.
IMO the share structre does not support a PPS in the dollars.
Before that, the company would be restructerd, there would be a reverse split, and we would be on the NASDAQ.
Which will be freakin awesome! Just don't think every million shares you own will equal 1 million dollars anytime soon.
With 3.6 Billion shares OS, I don't think so, at least not in the short term. Can't talk crazy.
Lets see how the next few months go.
Let's hit a dime.
Let's stay over .10 for 30 days, then talk about .25
Let's see the patents on the Balance Sheet
Let's see the revenue start flowing from these contracts.
This is a phenominal investment in my opinion. Play with a 1/3 like that other guy said and lock the rest away for YEARS.
Go $MYEC