i don't know what transparency we are talking about here. If all the FB posts were to be true, the stock price should have been at least a dime by now. We are only diving down. So, we do not have sufficient information to believe that MYEC is making any money.
Lets say hypothetically we are making $x every day/week for the past say 10/ 11 months or even more than a year.
-> Can the companies keep bragging about the revenues but never files financials?
-> How long the share holders can wait and hear the same statement 'we are filing next week' for more than 2 years now?
-> How long we see the FB posts try to prove that some how emailmoni is connected to MYEC and CEO is driving our growth in multiple countries?
-> If FB post is compliant to the SEC rules, why not CEO posts some numbers related to revenues and expenses?
For any company to be successful, stock holders remain pillers. Look at TESLA. Must burns billions. But still he has half a million bookings without a single car in the showroom. Musk is never allowed leave the company as Chairman. Amazon wasn't even profitable till recently. Both Musk and Bezos does not stop dreaming and doing everything right on the field. They have billions but they do work like a low wage hard working employees 24x7. Now look at their stock prices and Market value of the company.
No sir, there is no way, we can call these FB fake posts and lies as SEC compliant. It does not matter if there was a wall poster or some other decorative item posted. It speaks nothing and proves nothing until your stock price is not valued at all. CEO does not have a will and skill.
MEC under the lack of leadership already lost a bunch of opportunities to seize the moment and failed to prove its strength. One more opportunity in fact a big one at our door step coming on July 1st. If you want to sign the clients, you need to prove that you are a legitimate company with financials posted. Just by looking at the patent no company will signup especially with the incredible drunk history of the CEO. Either it may go wasted or it will be sold to some walstreet jerk for cheap and we all simply throw our stocks and forget it.
I strongly suggest we all need to tell ED together with strong voice to do what he needs to do or leave the seat and let some one able handle it much efficiently.
AI
