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Re: muncitorul post# 206735

Wednesday, 04/01/2015 9:58:45 PM

Wednesday, April 01, 2015 9:58:45 PM

Post# of 298910
For me, today's conference call was definitely a good measuring stick about where we are currently. Ed does seem to be quite optimistic but also realizes the structural challenges that MYEC is facing internally and also externally.

Seeing potential opportunities however is not the same as executing on the same.

I do agree that patience will be rewarded here in time. It will be interesting to see if the timelines are going to be accelerated shortly. MYEC needs to on-board revenue streams in order to eclipse their expenditures.

I do think there is a possibility that we see 2-10x dollars coming in for every 1 going out by EOY. The International Banking developments are very interesting IME because many overseas consumers are used to having the type of capabilities we will soon be able to offer.

I would recommend to Ed that with respect to domestic US that he totally differentiate MYEC away from other merchant services. We are truly trying to be the alternative to ACH and we should educate all on the advantages and why check 21 is a viable part of the financial future.

It appears that PayPal and others are trying to con consumers into believing that they are offering something outside of ACH when they are not.

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