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Monday, 01/26/2015 1:27:57 PM

Monday, January 26, 2015 1:27:57 PM

Post# of 298910
MYEC and Medical Marijuana are definitely connected according to this article:

http://finance.yahoo.com/news/cant-touch-companies-making-money-143000792.html

"MyECheck, Inc (MYEC) is another "hands off" cannabis company which focuses on electronic and mobile payment solutions but has recently developed a way for merchants in the federally limited marijuana industry to accept electronic payments. MyECheck acquired GreenPay LLC earlier this year, which handles the legal marijuana industry business for the Company as a wholly owned subsidiary. Just a few days ago MYEC through GreenPay signed a reseller agreement with Maverick Bankcard for co-branding and co-marketing of the MJ-Pay System designed specifically for marijuana industry payments.

The stock has been on an uptrend since mid-August moving as much as 339%. Recently the stock has pulled back slightly and has traded sideways for the last few days. With increasing support of the marijuana industry continuing to grow as more states come on board, MyECheck has positioned itself to be a market leader for electronic payment processing for the MJ industry especially after posting gross margins of 75% as of its most recent quarterly disclosure."
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