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This is all I know...
The mobile payment systems will consist of themed downloadable User apps with unique enhanced security features.
They will also possess downloadable Merchant Point of Sale applications that install and run on Intuit Quickbooks.
http://letstalkpayments.com/3-new-licenses-sold-myecheck-mobile-payment-platform/
not sure, that's why I said "not clear". somehow MYEC integrates into Intuit, not clear on how that works.
Summary of MYEC customers, banks, partners, and other deals
Who am I forgetting?
CUSTOMERS
Simplifile
VX Gateway
ICard1
MoveFreight
Itonis
Giact
Cardinal Commerce
Sierra Global
Interpay
Zipmark
GreenPay LLC (absorbed by MyEcheck)
Spindle (scalped by CheckAlt?)
Corporate Merchant Solutions (Never got off the ground?)
PARTNERS
Quality Technical Services
Giact
Intuit (not sure of the full story)
BANKS
Bank of America
Chase
Bank of Kentucky
Raza is an old partner that myec lost after 2008. Now that being said, the are now both at tppExpo so maybe they could mend fences.
What the hell just happened? .0103 to .0248.... Drugs?
I'm gonna donate, to help a good cause, as well as my own.
Great post!
Here you go...
.0034 was the price one year ago today.
I was in the red then too..Guess what?
I AM NOT IN THE RED NOW!!!!
It's been since 8:00 this morning that we've had a PR...scam. LOL!
Tell us, is it easy to set up? What kind of business do you have?
Yes, that was exactly what I was thinking, same calculation. It's not how profitable they are, it's the count of transactions they do. Their profit will increase with MYEC
The more they make, the more they can grow.
37 minutes until Market opens - I can't stand it!! UGGGGGGGGGGGGH!
You can follow them on twitter @Movefreight
Y'all just wait until some of those big trucking companies start signing on...others
When you drive down the rode today start noticing the names on the trucks...and keep them in mind...here we go..
Truckers need MyEcheck for their per diems as well as their freight payments, fuel costs, toll fees, etc, OMG... it can be a financial cluster-f sometimes!
Go $MYEC!
Look at MoveFreight's partners!
http://www.movefreight.com/
Myecheck's latest deal! Go $MYEC !!!
You know the best sales in the world is word-of-mouth. GET READY!!
That makes perfect sense. Of course more debt is going to sell when there is a PR as the price is "higher" at that point.
It's been going on for so long, we might actually be liking it a little.
Thank you sir may I have another?
How many MYEC longs does it take to screw in a lightbulb?
Answer: None, they're not going to waste their money on silly light bulbs when there are MYEC shares to buy..
What does an MYEC long call a pps drop of 50% ?
A good day
What does an MYEC long call a pps drop of 25%
A better day
What does an MYEC long say when the pps drops 10%?
WE ARE SOOOO GOLDEN!!!!
Okay now the rest of you make up your own MYEC long jokes...
Uubar you're making me laugh!
They already out Kubi, they hit Wednesday...otcmarkets.com
Kubi!
Glad to see you're still around!
Go $MYEC
After this week, I can only think of much heavy drinking at the AGM, however, I think by the time it rolls around, the heavy drinking will be accompanied by extreme celebratory partying!
Mmmm...I think its 1 penny for thirty days for OTCQB
http://www.otcmarkets.com/learn/otcqb
Ed's original plan was to upgrade to OTCQX which was 10 cents for 30 days...
Yea, I know the first one very well, he's brilliant, but is an investor, and doesn't have a business relationship wit MYEC despite his expertise. :)
Yea, and it seems PRs or no PRs the price kept going down. Even Q1 didn't do much for the price at all, even though the Fins were excellent.
THe only thing that made the price go up was back when the GreenPay LLC Pr was issued - then we saw .08, but since then it's been down. What will actually make this price go up? What catalyst do people want?
I think People want to hear about a deal with PayPal, or Amazon, or Apple, or the World fing Bank - and we're not even out of the Pinks yet. I think people want to hear that we have replaced ACH, or that we are now the preferred processor for the IRS and the entire US government.
I think the reason some people are really upset with MYEC is that no "BIG" deals have been made yet. Gee Ed, you've been reviving the company for a full 1 year, what is taking you so long to be a billion dollar company?
Between 2004-2007 Amazon was at a stagnant $42.00 per share. 3 YEARS, no movement!!! Then latter half of 2007 it hit about $90.00 ooh, good for you 2x bagger. Now, AFTER 7 YEARS it's $320.00
before 2004, I can't tell you, But is Amazon a piece of shit for taking 10 years to only go 8x up? Let's put it into perspective people.
You're not implying that there hasn't been a reverse split are you?
Oh those pesky facts and proof!!! DOOOOOH!!!!
Yea, I have no powder right now at all. I'm dying a slow death because I can't buy anything.
I was able to turn around some stocks that I had that weren't going anywhere anyway, and bought MYEC.
At these prices I was ready to sell certain family members to buy MYEC...
.0154 x 7,509,548 = $115,647.04
Somebody believes in MYEC enough to drop $115K.
Do you really think that investor is going to risk that much money?
Sounds to me like if any money is going in, out, or within the United States it would use the MYEC routing. I remember seeing an email to an MYEC shareholder that said that the jewish charity portion of VX Gateway was 100% MYEC. That means money out of US to Israel..I can't imagine though that that would NOT be true for any other VX Gateway venture...
Remember the VX Gateway was announced right at the beginning of Q2 (April 4), so that means that we could have some revenue from the VX deal in Q2.
We'll know in just a few short days what the impact to MYEC revs were..
Yes, I'm going to guess that "less than 10% of our value" means about .20 per share.
I'd be in the millionaire's club at that point.
Very interesting, I wonder how http://www.mydragononlinegaming.com/ will accept online payments?
Hmmm...
I'm really glad people are excited this week, and we have all been good about keeping down the hype. I do hope that I get to release the kraken at least once though, just like old times...
Respect! I am one of those old timers that got in at sub-penny, so I respect you hang in' in. Sure my portfolio looks decent now, but there was time that it was so red I had to tape it off as a crime scene.
I think it does, and I am *HOPING* that next week is a wild ride.
I would agree that this is a strong possibility. This is called "Vertical Integration", where companies have sub-entities that run the processes to create their product all the way down to the rawest material.
I worked for a poultry company, not only did they have plants to kill and cut the chickens, they had control over the chicken farms, as well as farmers who were raising the corn, etc to feed the chickens, as well as using the chicken poop as fertilizer for the fields that grew the feed.
This way they can control the supply costs, as well as the availability of the supply. If those sub-entities were a completely different company, they would have to compete with others for the materials, and thus be subject to competitive pricing and availability.
When a company is vertically integrated...basically, no worries.
Good point. Gives the the potential user a little more comfort about the company in using the apps.
Clearly Erick is working the weekend.
If you remember, one of the questions on the last facebook conversation we had with Ed was "When will the media campaign start"? His answer was "As soon as the Apps are released".
I have notice more LinkedIn updates this morning, and a new conversation group starting on LinkedIn called "Electronic Checks" with Ed and Erick in charge.
It will be interesting to watch the updates throughout the weekend, It makes me wonder if the apps will be released next week...right by the Q2....