Do you think that when eBay bought PayPal that it was worth 1.5 billion at the time? Paypal was in early stages at the time. But if a large corp wants a company so bad, they will pay a premium for it if they can make their money back plus profits over the lifetime of a business. Same way Warren Buffet thinks when he buys companies. This is a no brainer. MYEC type business in the commerce world are worth their weight in gold and platinum.
Its all in the hands of the CEO. He can sell it for 1-3 billion (pocket change in the commerce world). Just depends on how large he grows it before its sold. At the pace he's going and the connections he has with his stellar history, he can grow it enough to value it up to a few billion. MYEC
INFO FOR NEW INVESTORS comming in, don't get scared we are just hyped on the great run we had this company has great facts and is progressing greatly.
MyECheck was founded in 2004 on the day Check 21 legislation became law, we were the first in the nation to provide fully electronic check services, and we continue to be the payment industry’s leading and most innovative solutions provider.
MyECheck operates under license to US Patent 7,389,913 Method and Apparatus for Online Check Processing issued June 2008.
We have created and cleared in excess of six million fully electronic check transactions for Fortune 100 corporations, state governments, and internet retailers.
We welcome new growth opportunities, please contact us for more information, to request services or to explore potential partnerships.
---so what makes myechEck different from long time ago? The banks folded and crashed during the 2008 financial crisis. It is not until now that CEO Ed Starr's decided to keep the 3 billion shares, and start signing banks back as of 2013. More services are beginning to accept the myechEck payment option.
Bank of Kentucky(manages 1.5 billion dollars and trades for 28 dollars a share) has already been signed and much more other business commerce websites. The company is finally back on its feet since April.
We are not talking about the websites... We are talking about the SERVICE that MyEcheck is licensing out to their clients. Why in the world would anyone need the MyechEck website. Businesses are integrating the myechEck services...not telling people to go to their website. You need to go do a little more DD and understand how this company makes money. Also we are not saying MyEcheck is going to beat PayPal, we are saying that its inevitable that PayPal must have to consider using the MyechEck service when it comes to their payment processing
PayPal will HAVE to integrate the MYecheck service into their company! Same day check processing will increase sales and transaction speed with eBay. Plus MyEcheck charges a 1% rate!
"Currently, MYEC is not a highly traded stock, due to it’s overall lack of recognition among penny stock investors but we suspect that with the sort of momentum that it has been seeing, this may change in a powerful way. We highly suggest that investors continue to keep a close eye on what is to come with this play."
We have compiled all the information along with links into a blog spot-please click the link below.
If they are producing $350,000 In Monthly Gross revs, The Stock at a respectable P/E of 15 as Belief Level Builds , should be at .079 :):)
But as the Market looks Forward and Gross revs Continue to build and become more Visible, the share prices will start to rapidly increase from current levels. MYEC Boo-YaaH