Replies to post #120063 on MyECheck, Inc. (fka MYEC)

[MODiFiEDZ]

He owns 1 series A preferred share that gives him majority voting rights & he owns 55% of the AS.
Even when this was in trips at an all time low for the company Ed still maintained full control of the company, he's had several buyout offers but he wouldn't even think about giving up the company then, even more so now.

[icbeatsthestreet]

Nope,

This company is like What's App. No op ex required. IF taken out by a larger entity, they could break the 31.2 million per employee record that Facebook paid What's App.

[Long-N-Strong]

Ed also owns the patent.

15) What is the nature of the patent licensing agreement between Ed Starrs (yourself) and MyECheck, Inc. (the company)?

A) The agreement is exclusive and royalty free for MyECheck, however Mr. Starrs has the right to re-negotiate the agreement at any point in the future although there are no plans for re-negotiation.

Long-N-Strong