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Re: muncitorul post# 206727

Wednesday, 04/01/2015 9:23:10 PM

Wednesday, April 01, 2015 9:23:10 PM

Post# of 298910
Your welcome page 6

Capture the industry unique and compelling. Lower barriers or break them

ACH and VISA are competitors

Major platform for International Bank deal is coming!!

Brand new payment method--world doesn't know but that is going to change

Quarter 2 processing now or live soon

Expects profits this year (2015)

Netflix 30 million subscribers w/debit card 2% fees. They just had to call 2,000,000 customers because of data breach

(MYEC data is one-time and encrypted)

Recurring billing card-based 2-3% huge potential sweet spot for MYEC

FASTER and CHEAPER than ACH

MYEC deferred tax liability

Bruce Smith is now independent contractor

ED is CEO and doesn't deal with nitty-gritty CPA level stuff

40 trillion in processing NACHA. No incentive to deal with MYEC.

Defending intellectual property--establish patent viability

NACHA is ACH

NACHA is owned by major banks

Competitive future predicted between NACHA and Check 21: We are superior in capabilities. Marketplace will sort it out

Form 10 refile on Friday or into Monday because of Good Friday. Review from SEC officer is on fast track because vast majority of requirements are 'in the bag.'

2 weeks from Friday or Monday or whatever day is filing.

Where is PR?

SEC rule reporting

1,000,000 couldn't be reported because MYEC bought company in question

SEC rules must be complied with even though Ed feels that their basic accounting assumptions are flawed (do not reflect true realities)

Millenials do not want the leather wallet bye-bye to 70s tech digital-mobile phone-no hardware. Rewards

Close Seergate = Own Patents
More to come to strengthen our hand
With time and more revenue--not an immediate gratification to be expected

End of page 7

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