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Uubar

09/01/15 6:37 PM

#224701 RE: Vegas Syndicate #224697

To be fair isn't that the whole point of going public is to sell shares ? I'm not saying he is or isn't just saying my two cents
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PennyStalker

09/01/15 6:52 PM

#224706 RE: Vegas Syndicate #224697

Welcome to iHub!

Questions that will get you banned from MYEC Facebook pages:

1) Patent question:
Ed had promised shareholders that he would review the patent agreement. He never did it. It has been over a year now. Ed owns the patent and significant royalties will need to be paid to him if revenues exceed $100,000 per month

2) Share count question:
Ed told shareholders that someone else filed a Form 144 for him in April 2014. He said he was "not selling shares at this price". His share count decreased by around 50,000,000 shares. No one has ever questioned this.

3) Sierra Global questions:
- Sierra Global is MYEC's #1 customer, yet Ed has never even mentioned them or how they are generating this revenue.
- Ed was once an "unpaid consultant" with Sierra Global. Sierra Global was issued 650 million MYEC shares
- Sierra Global has sold most if not all of the 650 million shares they were issued at an average PPS higher than today's PPS
- Sierra Global is an offshore company based in Nevis. No one knows what they do. They have no website

4) Share buy back PR question:
On the same day that Ed issued the PR for the 1 billion share buy back, Ed issued 400 million shares to Sierra Global. The PR only mentioned the 1 billion share buy back. Why not disclose the whole story? Does Ed not understand that was misleading shareholders?

5) Number of customers question:
Ed has issued PRs for deals signed with almost 30 customers, yet the Form 10 states that MYEC has only 3 customers generating revenue. What happened to all the others? iCard1 was never mentioned again after the PR, just like many others. What about Interpay?

6) Transfer Agent question:
Ed promised to ungag the TA and/or switch TAs. This was over a year ago. No action has been taken. What's the current share structure? A/S? O/S? Float?

Ask any of these questions on Facebook if you'd like to get banned from the page.

All IMO
GLTY