MyECheck, Inc. (fka MYEC)

[Kubisiak5]

This was something that was done a year ago. At the time it made sense to get MYEC out from under its debt load. It also allowed us to buy shares on the cheap. Ultimately yes it woulda been nice to keep the shares limited, but financing down in the OTC is typically toxic. And there would have been no guarantees the liquidity would have been there for them to raise the funds on their own.

I dont expect to see any more shares popping up. Im sure there will be exec stock plans, but its possible a buyback will help even that out. Im sure there will be a hefty chunk of the float bought back over time.