Replies to post #152354 on MyECheck, Inc. (fka MYEC)

[MODiFiEDZ]

Great Work! I believe that is a very good estimate on the patent value & Ed could use a similar formula as a buyout price if he ever decided to.
As far as what will be listed on the audited financials for Q2 it will be the actual cost of the patent such as research & development, fees, testing, etc. The value filed in the books can't be greater than the cost, so if a company buys our patent for $10B even though its worth $100B or more, that company can only put $10B for its asset value.

I'm not sure how much the patent cost Ed, possibly $3,000-$30,000?
MYEC

[Envigado]

Wow! Good stuff...sure hope your right!

Myec

[nicehit]

Correct... I think amazon will sign with us 1st. Their margins are so tight and base on your calculations regarding paypal they apply to amazon also.

They will save multi-millions using our process.

All good stuff and very promising.

[treehouse1]

Excellent - extremely promising for our MYEC!!! How could you not be long this company?

[usandy]

I disagree, and feel you are creating another issue that will cause the price to fall. Ed has said he would estimate it conservatively. Somewhere I read a value isn't even estimated unless the patent had been sold. Neither of these would come even close to $1B.
Why does everyone want to set us up for unrealistic expectations? All this stock needs is time. We all need to give Ed the opportunity to surprise us. That can't happen if we've gotten ahead of ourselves with this ridiculous pricing.