Let's discuss TCHH- This stock is interesting to me as I have been in banking for 19 years. (Note: I tend to ramble but please read to the end as I have also done a little homework). I have witnessed the growth of ACH (Automated Clearing House). I have also witnessed the birth and growth of the electronic check. I have been to numerous Check 21 seminars and classes throughout the years etc. I invested in this stock about year or so ago. It sat dormant forever but as most day traders do, I set my all or none sell orders immediately. I set it at .0003 and honestly didn't think much else about it (as I play many others). Every time the sell expired, I just reset it for another 60 days. I had 10 million shares at .0001. A couple months ago, I logged on one night and saw that my sell executed at .0003. OK, nice profit- $2000.00 profit off of $1000.00 investment. Usually, I would just move on and not had reinvested. Something told me to reinvest another thousand. Did the same. Bought at .0001 and sold at .0003 and made another 2 grand. I decided again to play the game (and break the golden rule of NEVER falling in love with a stock) and invest another $1000.00 (only at .0001 though) I got scared because my buy order was set what seemed like forever and would not execute and it finally did about a week ago)
Than I decided to throw another $500 at it and pick up another 5 million since I did pretty good with Mona and Suti runs (thanks to Trader 53) Yes, I was a lucky one that sold Mona at the .0038 range before the huge RS!! Thank God!. That helped soften the blow that I took on BTHR when I lost $500 on their RS (LOL- the joys of gambling. I hate losing money. Anyhow, I'm rambling again so let me get back to my homework. This stock is intriguing to me. I may win, I may lose but for now, I will sit on the 15 million shares that I have at .0001 because I have also done some homework. I posted a few months ago that I contacted Wells Fargo (played the stupid customer role) and inquired about if they offered trustcash, they quickly answered yes. I was interested. I than contacted Bank of America and asked the same question, they were baffled and instantly denied having any affiliation. I have tried contacted Trustcash several times and I can never get to a person. I just get told to leave a message frown I have hit every option possible on their phone lines. I can never get a human. On their website, they list Signature Card Services as their partner so I decided to move on to Signature Card for some further DD. I went to their website and emailed all the contact emails with the following question:
Are you affiliated with or partners with Trustcash holdings?
I emailed from my work email. Our work email automatically adds our E-signatures along with all the bank information and regulatory disclosures. I received an immediate response back from the Vice-President inquiring if my bank could use their services. I emailed him back asking why he had never answered my original question. He would neither confirm nor deny any affiliation with Trustcash. His response (and I am not quoting as I am not on my work computer) but he basically asked me why I was asking that question and that he would have to refer me to general counsel. I simply responded that Trustcash holdings has them listed as a partner on their website and I just wanted to verify the accuracy. I did not receive a response. I than sent another email and simply asked "Have you heard of or are you familiar with the company Trustcash Holdings"? I received a one word response back Yes
Than my work phone rang minutes later (unfortunately I was on a call with a client) and it came up on caller ID (signature card services) and I couldn't get the call on time and they didn't leave a voicemail. Signature card services is very responsive to inquiries but will not confirm nor deny affiliation with Trustcash. Also, if you look at Signature Card Services facebook book, they are doing a lot of posting about security breaches and bitcoin. Look at it yourself and check it out. Also, from being in the bank and knowing how much fraud is going on, it's scary. In the past 5 years and growing, the charges that my bank has had to eat in fraud charges (thanks to regulation E and no chargeback rights) has been growing tremendously. We are small and our management has contemplated discontinuing certain services because of the amount of growing fraud that we have had to deal with. I just want to say that this could be huge and I would rather sit and be patient than miss out. Honestly (and I have no proof and am making no claims as this stock is a mystery to me), I feel this will end up being bigger than MYEC. Think about the number of people that shop online, the number of people and growing who has had either their identity stolen or credit card compromised) People are scared but they want to shop online. This company is a ghost. Believe me when I say that I have googled it from one end to no end and used every type of targeted keyword that I could.
