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Re: directorjayc post# 142995

Friday, 06/13/2014 11:29:54 AM

Friday, June 13, 2014 11:29:54 AM

Post# of 298910
Ed was already spending an elaborate amount of time on supporting this company and getting their app launched. As with all M&A's, there is a risk, but now if it is successful MYEC will get the MJ pay subsidiary as an asset on its books plus the transactional fees, while before MYEC was just going to get a portion of the transactional fees.

Additionally, as for its core competences, it is already launching its own app. Thus, I would say this fits right in line with that portion of MYECs business.
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