cMoney Inc (CMEY)

[dandemann]

Your post are always so positive...Thank you for that.

It looks like based on my findings online that cMoney has had some auditing delays and didn't meet the deadline for the submission of their paperwork in time according to the SEC, and have been temporarily suspended from trading until the problem has been resolved; no biggie.

I also think that cMoney's technology is far superior to any other mobile payment methods out there today. All I hear about is how any NFC based product is being hacked or not in compliance with bank regulations, or not convenient because of the merchant start up cost, etc.

cMoney should have just been a private company and waited until its technology and application were purchased and proven to the World and then should have taken it public. Investors like to see a history of a product before they invest; especially in a start up public company. New Technology - start up public company, double whammy in my opinion. Again, investors will want to have some 'back history' on the company and new technology is hard to convince affiliates to jump on board with. Large mobile payment companies are having their own problems getting their products to work.

The SEC breathing down their backs with all the deadlines, would only make things even more complicated and give any start up company's CEO, headaches. Someone needs to get word to Paul Matthews to turn the company PRIVATE, get back on their feet with private funding, get the product ready and available to the public, join up with an affiliate, let the revolutionary technology work, and then perhaps reconsidering the public side of things again.