MyECheck Inc (fka MYEC)

[Bodach]

I'll try to explain it this way.

In 2009, a hypothetical company was made up of 20 oranges. Each orange was worth 10 bucks. 20 oranges x 10 bucks = $200.

Today, the company is made up of 500 oranges. Those oranges are priced at one penny each. 500 oranges x .01 = $5

Morningstar is taking the figure from 2009, which is 20 oranges comprising the company, and calculating with the CURRENT price per orange, which is .01. 20 oranges x .01 = $0.20

That's why the market cap is so small on their site.

They're using older data for one of the variables in their calculation.