Replies to post #201086 on MyECheck, Inc. (fka MYEC)

[btu-money]

Hmmmm looks like ED cleaned house!

[PennyStalker]

I have been posting that MYEC would be running out of cash in the near future without any new revenues.

Here is the proof that I was correct.
Ed forfeiting his pay for 2015 and cutting costs to help the cash flow situation.

When I get the chance, I'll recalculate the non-discretionary operating costs per month and share it with you all.

All that money spent on Form 10 submissions was wasted. Also, all the development costs for the apps over the last year or so just got thrown out in favor of the Seergate platform.

Good on Ed for firing Bruce Smith and Rod Zalunardo. They weren't performing well. But Ed himself is responsible for some of these shortcomings.