I'm half afraid to predict, and half excited to speculate!
So, Q1 went from Jan 1 to March 31, 2014. Lots of PRs during that time, but maybe too soon to have a lot of Revs...
However, end of Q4 2013 was 361,402 in Processing Revenues. I hope that this number is higher and Ed ads a line on the report for Licensing Revenues.
My most conservative, bearish estimate for Q1 is $1M
My bullish estimate is $5M - because some processing revenues on some of the PRs could have taken off like wildfire already and we just don't realize it right now. Ed's gotta have the $ to pay QTS and his new CFO, CTO and sales guy.
However, we must remember that the Quarterly Report is only 1 piece that contributes to the shareprice. I strongly feel from other posts that there is a lot going on that hasn't been PRd yet. If/When we get PRs in May, expect them to dwarf the Q1 report.
Too much talk of "Something Big" on the horizon, as well as some speculation of deals with Countrywide Debt Relief, Skrill, and ISIS Mobile.
I think that Gold Dutch Resources Inc (GDR1) will also jump on the MYEC bandwagon. And of course, PayPal is always a speculation, although I personally think MYEC would do better by leaving PayPal alone and surpassing them.
Anyway, that's where my thoughts are at now. I think right now, MYEC's power lies in PR's that show deals with companies of substantial size, and any company that is at least largely recognizable regionally (some company primarily on the West Coast, or East Coast or Midwest, etc.) right now would be a good size company to have.
A Client with national name recognition would be awesome. The companies that MYEC is dealing with now are not well known to investors. So a deal with a National company that mainly uses ACH like Geico, Ally Financial, T-Mobile, something like that would knock the pps into the next galaxy, irrespective of a current quarterly report.
