Replies to post #132667 on MyECheck, Inc. (fka MYEC)

[Ejag]

My opinion is that in Q1 they needed the capital. And that maybe most of the revenue was later in the quarter.

Just speculation on my part. Which is why I said if the dillution trend conintues in Q2 and Q3 I would be concerned.

But everything else points ion the right direction, no?

[Ejag]

Oh and the million in profit in Q1 was mostly in receivables which have since been collected. So they didn't have the cash in Q1.

[ZK045]

Look at the accounts receivables bro. Cash is king and they are still waiting to get paid by their clients. It takes a while to have a consistant cash flow.

[luv2count]

It's all about the cash flow!! As of May they have over a MILLION in cash!!! It will be ALL gravy from now on!! Be patient!! :)

[captainmath]

You subtract Capital raised form Accumulated deficits what do you get? SHAREHOLDER EQUITY! do the math :)