InvestorsHub Logo
Followers 44
Posts 1271
Boards Moderated 0
Alias Born 11/07/2007

Re: None

Wednesday, 04/01/2015 9:33:57 PM

Wednesday, April 01, 2015 9:33:57 PM

Post# of 298910
Page 8

We have a phenomenal product for Government accounts. However these accounts are problematic because they require long, long sales cycle

Bidsync every lead CA seen by Ed each day. Not a good fit in nearly all cases. Ancient Government entities not looking for new ways...

INNOVATION rewards: No BUYOUT offers however 'lot of leads' signed!

Apps merchant live A system this month likely

Bank testing and integration ongoing

Geographic expansion anticipated No
Independent Sales people at present 2
Forever Living Aloe Vera 2 billion in sales
Simplifile (1/3 of counties United States)

Bank of America and Chase mentioned again

Smaller merchant

Online Gaming and Gambling do represent some opportunities but probably not as lucrative as first thought

Loading mobile wallets

2015 Innovation Rewards = very significant recognition. MYEC no longer overlooked by industry

Sierra Global Ed acted on their behalf in past-prior to GP acquisition. They are based out of Caribbean

MYEC will pursue any/all deals with any legitimate bank

VX (your guess is as good as mine) Waiting to go live--Bank in Iowa seems to be hold-up

Climbing a mountain takes huge amount of time but Ed believes that VX should be sooner (than later)

*Our business model doesn't necessarily need a bank--just need permission from banking institution to be a bridge to mutual customer

Facilitating B of A and Chase not much volume until now

SunTrust Bank mentioned

Potential for dividends Yes 'cash cow eventually

Patent under MYEC may never happen...

End of page 9

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.