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

Re: None

Monday, 07/18/2016 5:30:24 PM

Monday, July 18, 2016 5:30:24 PM

Post# of 298910
I've attained my desired share accumulation milestone as of today...time for MYEC to move (Ego-Centric thought lol and affirmation for the day ;) !!!!!

Anyone who has followed developments with the partner in Africa know they are following their own timetable and way of doing things. Some of this is the culture or business climate there--some would be due to the need to integrate systems so MYEC's solution can function as advertised.

I would suspect Ed is frankly an outsider in so many respects here. I do not see this as a negative at all. I would hope that MYEC gives away as many 'keys to the car' as they can. In an ideal world they might hope to control timing and implementations--realistically that is not going to happen. I am not running for CEO here--that said I see in the United States a viable road for running transactions for an entity that is doing over 100 billion of sales annually. Corporate entities like or hate it are largely held at gunpoint to status quo ACH system.

I would like to see MYEC become 1,000,000 x more-bold in exposing the flaws and idiocy of the ACH system in the United States. The MYEC system can save entities that live and die by margin even billions of dollars--all we need is 1 big name in the United States to say regardless of the NOW--we are going MYEC's way and dumping ACH. Antique ACH is costing the United States tens of billions in lost opportunity. I would hope that Ed and crew are knocking on the doors of every entity in the United States and educating people about the future of payments rather than expecting status quo players to educate themselves. The status quo players are largely ignorant or complacent about where payments are going. MYEC needs greater EXPOSURE!

INNOVATION isn't welcomed by Corporate Monolith Group Thinkers unless you show them or Pilot program (take them by the hand) and demonstrate the viability and savings directly. I actually believe that MYEC should knock-down the door of a struggling retailer chain and hand them the car keys in a partnership. Have them agree to let MYEC PR the pilot program as many,many startups gain greater capital through exposure. Get the monolithic credit card companies out of the mix and directly embed yourself into a customer loyalty app. Customers would see that by using MYEC rather than VISA/MC they are saving $$$$ at the register or while buying online. This would also serve to bring tens of thousands of new shareholders into the fold. It also would fuel other Corporate monoliths to take note and perhaps beginning to fear that they may be left behind. Corporations run by people are swayed by human emotions of greed or fear.

I digressed--back to African Bank. The overall situation could actually pay-off in spades for shareholders as the financial entity in Africa could do a full roll-out at any time without any advance warning to virtually anyone. So many times momentum in trading is never achieved because companies and CEO's in their excitement and due to external pressures reveal all the cards in the deck without a real strategy or reveal minor details rather than the Huge and Exciting Announcement. The African bank is not beholden to MYEC on so many levels. IME this opens the door greatly to an element of surprise and yes extreme PPS speculation.

I wish I had direct sources as to the above speculation/conjecture on m part on the ground in Africa--I do not. Things may be dull or explosive as we approach August...still have a hunch that some positive events will unfold during August 2016.

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.