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Where did you see this quote? "We have secured enough financing until we reach profitability?
I'm a Fool?...I just picked up 350K a few minutes ago at 0303. Was I also a fool waiting until this morning to pick up some 028's ? I'll handle my money, you handle yours.
My 0303 is firm. Come my way 031.
Still gets me my share count w/i my budget.
1/2 filled. 1/2 to go.....up to .0303
They want me to raise my bid. Not going to happen...
That's my 700K bid. Not sure it'll fill...
Low Volume. Impatient trades. Thanks for the additional 100K at .0164. Couldn't resist.
I will allow you to make another $1.50 from your boss for getting a reply from me on the board. Retiring 1.5B is not reality, and you know it.
Once again....15% of the OS. Enough said!
Unless that's a convertible preferred share it is only good in the event of an acquisition at which point the underlying equity in shares will be the determination of his walk away money. Give up 1.5B in shares would still leave him with 15% of the company valuation. The preferred share simply preserves the ownership.
Retire 1.5B ??? Exactly where do you think those shares would be retired from? Ed has 1.9B. So if he retired 1.5B the OS would then be 2.6B. He would then only own roughly 15% of the company. Not going to happen.
My wife and I will be there. Our flights will be booked ASAP with the meeting confirmation date and time. Long starting 5/29/13.
22.07 is the P/E right now. The last 12 months earnings are $1,995,936. The current SS is 4,117,470,000 giving us earnings per share of .00048474815. Our current price of .0107 divided by .00048474815 = 22.07.
With a growing company about to grow "exponentially", no debt, a patent worth who knows how much, a multi-trillion dollar market place, infrastructure now in place with staff and space, contracts in place, etc, this should be trading much higher.
It's purely the cesspool of pink land that has us trading at .0107. This stock would be trading at 100x earnings minimum at this stage of its growth if it were a Nasdaq company.
Great days ahead!!!
Does NTEK have a quarterly financial report that is due to be released by tomorrow?
Good...leave then you whiner! What is there to be disappointed about in the company? They don't control the day to day share price. All they can do is build the business. I wish we could get rid of you and 50 others like you on this board that are "long" whiners.
In Buffett's own words, "if you're right about the business, you'll make a lot of money," so don't bother about attempting to buy stocks based on how their stock charts have looked over the past 200 days. Instead always remember that "it's far better to buy a wonderful company at a fair price."
Are you invested in MYEC or the stock price?
If you're going to bash, at least be a man about it and bash! Very weak attempt. Isn't there a sub penny somewhere that would entertain your attempts at driving price down for an entry point? Too many longs here....proof....low volume vs. the float. Have a nice day!
I agree. Good executions. Excellent options platform. Easy to navigate.
Quality post!
Excellent clarification! I would surmise now that they are fully eligible, they would provide the needed shares to remain compliant. I doubt Ed would want to go through this again. I would like to know of other brokerages that are now allowing trading since the eligibility kicked in. Looks like Ameritrade has but if there are 4750 others that could, what percentage are now allowing. I have mine through Schwab which always allowed purchases.
Agree...if you're referring to many posters needing Ed to PR every 5 minutes. The guy could not care less about the price fluctuations from day to day at this point. We need him devoted to building the business....which is very obvious he's doing. In addition, he is doing everything to provide extra value for shareholders (DTC eligibility, audited financials, etc).
What in my post says anything about questioning the DTC eligibility? I have no doubt they are. I've never doubted anything Ed has stated. However, before ED fires off a PR, again....I would wait a couple of weeks until the DTC eligibility shows up on the DTCC site as this is what other brokerages will use to provide clearance to trade. The two week time frame after this gives time for the word to get out. Quite frankly, I don't care if the next news out is on August 15. I'm holding at least through year end 2015 before I sell anything.
I actually hope Ed waits to PR anything until at least 2 weeks after the DTC clearance is shown on the DTCC site. This will give time for the word to get out that we have truly verifiable DTC clearance and other brokerage firms to allow trading. We want the most impact for future PR's don't we?
Been here officially a year now. The longs are still here. Too much upside to go anywhere. IMO....no news until DTC clearance. I'm ok with that. The flippers have died down due to less volatility. They'll be back on news. Get ready.
With the retirement of 3B shares, where will that put the SS?
So to clarify all the MJ-Pay delay critics...so to date, MYEC has been a solid, growing company with a great CEO. But, should there be a slight delay in the MJ-Pay rollout (of which MYEC is only the back end of), MYEC is no longer a great company with a great CEO because he doesn't send out a PR which half this board needs every 2 weeks. But, in a short time frame when MJ-Pay is operational, should there be a slight delay, then MYEC becomes once again a solid company with a great CEO again. Think about how ridiculous this mentality is folks!
If you think this will be the biggest issue MYEC has in its growth, then you know nothing about running a business and quite frankly have no business owning shares at this level especially in penny land. The future of MYEC is not the least bit influenced based on whether there is a delay or not with MJ-Pay over the next couple weeks or so. If you're worried about this, then you are probably worried about the ability to pay your rent or credit card bill next month.
Your expectations are not reality. I've been in this one for 14 months. Why do you think you were able to purchase MYEC at the prices you have? Ed's focus currently is not to increase the share price from .04 to .08 or even .25. I can promise you that. He is working on establishing a team of sales and operations personnel that can multiply the amount of contacts that are made so that more deals can be initiated and eventually closed. That is what leads to uplisting and share prices that he really cares about down the road. We are getting irritated with those of you that need news every day so that your .04 stock doesn't go to .03. This is Ed's fault. Take a look at what's happened in just the last 30 days or so and now you need another PR. Please tell us how many PR's he should put out for you each week?
We go nuts because all the gambler, non-true investors need a PR every 5 seconds. I don't expect a single PR until the fins hit, and there may not be a PR with that other than the actual fin statement. I'm a realist. I invest in solid companies not PR's. Why am I nervous again? I've invested what I can afford to lose.
Ed is ruining the PPS with no news in 3 weeks? What a novice. you are. Here's news for you from Ed....he went to the bathroom today at 10 a.m and after lunch at 1:30. He also went by Starbucks for a cup of coffee. Oh, he also closed 38 (wait that may not be enough to satisfy you)..check that, 4,176 deals today. Woo hoo! He promised he will give you 3 news reports each day from here on.
So Ed owes you what again because of all your cash in it?
Thanks Mike. Too many people have their lunch money on the line here.
237,365 X 1 = $237,365
237,365 X 5 = $1,186,825
You're in great shape! Be patient!
Don't mentally discount the amount of shares you have. You're in a great company. At your age, you will still be young when you realize the profits from MYEC. You will be able to invest in other good opportunities and have a nice bundle down the road. The power of compounding starting at the age of 22.
Selling half in a year or so will make many that post on this board Milly's. The other half in 5 years will be sick $$$.
I'm ok with that. I'm 47....I have a few years to be patient.
I rarely post. I'm approaching 1 year. I'll hang with everyone for another year. We have a monster in the making!
Yes....this is exactly what I saw. I haven't kept up with the stock since I sold after this visit. What's the latest?
SBoy said...."My play will probably be to buy some after they fail to report (or issue a terrible report), with the hope of cashing in on a small oversold condition. I'll sell shortly after a small bounce.
This is exactly why he constantly bashes! To buy cheaper shares. He doesn't care about true facts...only wants to drive the price down to buy more. State your facts about EWSI....not other stocks. You bore me! If you need money for a cheeseburger today just ask. I'll give it to you. You won't have to earn it through your 2% stock gain.
When are the next quarterly financials due?