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Phx_invest, thanks for your post.
Don't worry, I've sold half already. Should always be cautious on pink-sheet company.
Please confirm the share structure ASAP.
Thanks LNS, guess we can see more clear with the audits.
Same to you lol.
I'm taking that quote with grains of salt until further proof. Especially when he said he hasn't been selling stock (directly or through debts issued)?
MYEC is losing credibility they have hardly built-up therefore no investor will support the share price. To regain this credibility before it's too late (back to a stinky pinky company), they have to provide an HONEST update on the company's business status, no matter it's good news or bad news. UNCERTAINTY is killing the company.
I don't see any solid point mentioned in that email. BTW, people should not describe sellers as weak-hands, in fact, sell out when you feel uncomfortable or dangerous is an essential discipline if you want to stay long-life in your investments.
How can a company BEING ISSUED a PR without their consent keeps quiet for more than 24 hours???
Let me guess, may be during negotiations, Simplifile has indicated their intention to shift all to MYEC as stated in the MYEC PR, however Simplifile didn't expect MYEC to put down black & white
"...to replace ACH..." in their PR which is very embarrassing with
their existing partner ACH. This is just my guess, and I feel that
VERY INCOMPETENT, a warning sign to me.
If that's the case, the CEO should address & admit the mistake at the first instance to minimize the damage.
RS should be discussed ONLY when the company has proved substantial revenue (to be protected from wolves).
If you wants a RS, take a look at NEW^.
No, the RED in pps is not that significant, I can neglect it. What should be really concerned is the company's performance & behaviour.
The CEO should address ASAP.
IMO, this has created a very negative image to the company, I think Ed should address ASAP. If that was a mis-information by MYEC, admit it and go forward, it would be much better than stay quiet at this situation.
Glad to learn MYEC starts to break-through bottle-necks, keep going!
Good, just keep us post in due course.
Do you get invited or just walk in?
Problem is, at this moment investors do not see direct evidence (e.g. PRed contract partners) if MYEC is generating alot of income currently.
chava24 you may have a look at the office building by going to Googlemap street view. Yes, I also confused about the suddenly fade out of vxgateway and the testing of apps....., on the other hand
it will only be very stupid if MYEC hires more staffs and expand their office space without a SOLID future business scope (revenue).
I thought Ed just stated that he's not in the position to comment on the Q2 result yet?
You said what I want to say.
The company takes care of investors' concern, appreciate that!
Well said, shareholders of any company have their right to ask questions.
Thanks Long-N-Strong.
Hear anything re bidding for government contracts?
It's embarrassing for the timing of MJ-PAY, but on the other hand if MYEC or ITN* survive through SEC's screening in this industry, it should give investors more confidence that the company is not fraudulent. Hope to hear from Ed soon.
Thanks.
Pls enlighten me, if a company sells shares in the market, can this proceeds be listed as revenue? TIA
I see it bounces off the 80dma....
My face. LOL
Any idea? if these shares is to be sold to a single investor in the form of private placement? if so, IMO it would be a good news.
We should say THANK YOU to MYEC & Ed for their great work!
I raised my bid to 0.025 and it was done.
I raised my bid to 0.025 and it was done.
I just wanted to make a test, since there was only bid at 0.01 at that time, then I put in my bid at 0.012, but funny my bid was not
shown. LOL
I just put in a bid at 0.012.
From Hongkong Financial Secretary's blog, they are going to apply
electronic cheques system in the 2nd-half of 2015.
www.fso.gov.hk/eng/blog/blog260114.htm