MyECheck, Inc. (fka MYEC)

[carlson]

GM Tech, Something don't add up: EXplain this:

Here's the one thing I can't understand about this stock. In early March it was selling for .08 then on April 24th Ed Starr announced:
Ed Starrs, CEO of MyECheck commented, "Our new licensing model will enable far greater and faster uptake of the technology controlled by MyECheck, and add new large revenue streams. In addition to our processing revenue, we will have licensing revenue that will exceed our processing revenue in a relatively short period of time."
The MyECheck service provides the most viable alternative payment option at substantially lower rates than card processing fees. MyECheck works with every US checking account, even accounts that Automated Clearing House (ACH) e-check solutions cannot debit, enabling payments from a larger customer base, and providing faster clearing of payments with less risk.
THEN WHY WITH THIS GOOD NEWS IN APRIL IS THIS STOCK UNDER A PENNY NOW???????