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WhiteFish

02/21/15 6:33 PM

#201170 RE: PickinPennies #201168

Seergate (with zero customers), the end-all solution to E-Checks, was apparently not pursued by established billion dollar companies with deep pockets. Instead, they sold out to a penny stock in exchange for $3MM of highly volatile stock. Oh yeah, it just happens to be Fancher's company.

Doesn't sound fishy at all.

B RY

02/21/15 7:43 PM

#201186 RE: PickinPennies #201168

(Thanks!)Your translations were hilarious...BUT YOUR MISSING SOMETHING! I'm going to use a direct correlation to where MYEC is at. In 1996, Steve Jobs considered filing bankruptcy for Apple. He wasn't very popular when he made necessary drastic cut backs in jobs and trimmed their overhead any which way he could to reduce expenses. They desperately needed to make adjustments to survive. Now with $180 billion in cash, everyone is happy. MYEC is at that stage where they needed to make necessary changes as well. If you don't make necessary changes when things aren't working out as planned, you won't survive! It's just that simple! Ed Starrs has had a wealth of experience in the electronic transaction industry before starting his own company in the late 90's. Ed has been through the ringer after his banking relationship(First Regional Bank) failed(as so many did) in 2010. He has seen extreme ups and downs. The bottom line is Ed knows how to make necessary changes to adapt to MYEC'S needs. I'm simply glad to see he is making drastic changes that are necessary to grow MYEC. In 2009, MYEC was a strong growing, competitive company with many employees. So was Apple before their problems occured. That is a direct correlation of 2 companies making necessary drastic changes at a point necessary for future growth. I personally feel Ed is genuinely trying to grow MYEC the best he can with what he has. :^)