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Friday, 06/03/2016 8:14:33 PM

Friday, June 03, 2016 8:14:33 PM

Post# of 298910
Mega News of money coming in for MEC

We are officially changing the name of the company to MEC Incorporated. We will be retaining all of our brand names. Our primary focus is on licensing core payment and banking solutions to banks. We have licensed our EmailMoni brand to an international bank based in Africa, that announcement is pending any day. We also have another bank in Africa sub-licensing and a growing pipeline of very interested banks. We believe the new company name is a better fit for our business, MyECheck will remain the name of our electronic check service in the US.
We are interested in licensing eMobile to a major US bank, we are in discussions, Africa will bring good exposure of our capabilities.
There are also opportunities presenting themselves for US companies that want to engage in the African market through our bank partners.
We have completed all development and testing of the production EmailMoni system https://emailmoni.com/sg/index.htm for our licensee, the last pieces we completed were bug fixes for the help desk, the bank has hired and trained about 40 customer service reps on the system. I think the final delay related to the marketing side not being ready. There has been a huge commitment, the bank has invested a year and half and millions of dollars internally on this, it is a big part of their future plans, and it is already operating, it will be announced!


ABOUT

EmailMoni is an email-based Payment service offered by United Bank for Africa (powered by Seergate) enabling Businesses and Individuals to access and move their money anywhere and for any reason.

EmailMoni is a breakthrough, secure and intuitive email interface connecting the bank's accounts across environments, channels and devices, for fast and easy money movement. EmailMoni makes it possible to collect payments everywhere the customer, business or individual, has presence.

"Money travels along lines of communication". Every transaction is part of the communications process between the parties, and the process adapts to the payment service offered. The transaction details are embedded in the message.

UBA's customers can use the EmailMoni's Payments Messenger whenever they need to send or receive money, anywhere they communicate: on Facebook, Outlook, on the web, mobile and in person using their smartphone/tablet.

UBA's customers get paid directly into their own bank account, enjoying improved cash-flow.

Replace checks and cash, unlock the power of electronic payments with the only email service designed for payments.

The Payments Messenger is available for you at all times, wherever you are, it's adopted to the customers' lifestyle to make their life easier and businesses more profitable.

EmailMoni is the first of its kind, a bank email based service that really addresses the needs of UBA's and other banks customers. EmailMoni is available for its customers everywhere they go. EmailMoni conveniently serves the banks' individual and business customers, as well as the unbanked, all with the same fast, convenient and highly secure email based interface.


$MYEC





$MYEC We have a default judgement against Sweetsun and have filed for one against Titan Securities, I expect this case to be resolved in March and that we will recover and cancel at least another 260,000,000 shares, and we may be awarded damages, although I do not know how collectable any monetary judgement would be.

FB


MINUTES (Text Only) for proceedings before Magistrate Judge Allison Claire: MOTION HEARING held on 3/2/2016 re44 MOTION for DEFAULT JUDGMENT AGAINST TITAN INTERNATIONAL SECURITIES, INC. filed by MyECheck, Inc.,39 Motion for Default Judgment filed by MyECheck, Inc. The plaintiff chooses to submit additional briefing and is given one week from today's date to submit that briefing. Upon receipt of the supplemental briefing the court will take the matter under submission and submit findings and recommendations to the District Court. Plaintiffs Counsel Brian Katrz present. Defendants Counsel No Appearance present. Court Reporter/CD Number: 1 of 1. (Callen, V)
Continue to Create Account

https://pacermonitor.com/public/case/5672005/MyECheck,_Inc_v_Seven_Miles_Securities_et_al

Default Judgment

A default judgment is a ruling granted by a court or judge. Default judgments arise in circumstances whereby one party to a suit has failed to perform a court-ordered action, and subsequently that failure has not only prevented the issue from being presented before the court but also results in the court settling the legal dispute in favor of the compliant party. For example, when a defendant is summoned to appear before the court in a case brought by a plaintiff, but fails to respond to the court's legal order, the judge can rule for default judgment and thereby decide the case in the plaintiff's favor. The defendant, though not present before the court, is obligated to abide by the court's ruling for default judgment and subject to any and all punishment requested by the court.

7. Revenue Sharing


The parties hereby agree that the Net Revenue generated from transactions carried out using the SeerGate would be split between ********************* at the ratio of 70:30, respectively. Before being split between the Parties, **** shall deduct from the Gross Revenue, direct fees, third party fees and settlement/clearing/network fees directly attributable to each transaction that generated the Revenue, to produce the Net Revenue.

http://www.secinfo.com/d12TC3.m1y6e.j.htm?Find=u-mobile&Line=212#Line212



at one time we heard (FB) it would be around .11 / .13 I recall

Giddy up $MYEC

One of the largest financial institutions in Africa, UBA is responsible for the completion of more than 2 million customer transactions per day. With electronic transactions growing in volume, and customer products and services becoming more complex, UBA realized there was more risk of undetected transaction slowdowns and banking system failures taking place.

http://www.atmmarketplace.com/whitepapers/how-uba-guarantees-the-delivery-of-a-seamless-omnichannel-banking-experience/

2,000,000 x 365 = 730,000,000 x .10 = ?


8-K $MYEC
https://www.sec.gov/Archives/edgar/data/1619558/000114420416087605/v434135_8k.htm




More money for $MYEC

LOS ANGELES (CN) — Los Angeles County Superior Court has opened outdoor kiosks that will allow visitors to take care of traffic tickets outside five courthouses.
In an April 25 announcement, the court said that it was offering the service at the Beverly Hills, Chatsworth, Van Nuys West, Metropolitan, and West Covina courthouses. The kiosks are available seven days a week, the court said in a news release.
Court spokeswoman Mary Eckhardt Hearn said in a phone interview that along with online and automated phone services and walk-up windows, the kiosks mark another expansion of court services that will cut into wait times and lines.
Sherri Carter addressed those issues after she was appointed as executive officer and clerk in 2013, Hearn said, touring courthouses and talking personally with people waiting in line.
"Independent of the kiosk installation, wait times and lines have been reduced significantly at the courthouses," Hearn said Friday. "A couple of years ago, we were saying that people should expect perhaps as long as a two-hour wait in line. In the most extreme cases at the Metropolitan courthouse, there were days when the lines were wrapped around the building. That's essentially gone away."
People can pay tickets by cash, check or money order at the kiosks, Hearn said, and they are open 21 1/2 hours a day. Between 12:30 a.m. to 3:00 a.m. the kiosks are closed for servicing by vendor General Payment Systems.
General Payment Systems charges customers a $3 transaction fee and there was no out-of-pocket expense to the court in setting up the kiosks, Hearn said.
The kiosks can be used to check the status of a ticket, pay and close a ticket, request an extension, make a traffic payment, ask for traffic school and reserve a court date.
The court already offers online services in English, Armenian, Chinese, Korean, Spanish and Vietnamese.
"That's a huge benefit to local communities and those alternative language translations are also available through the kiosk," Hearn noted.
Though there are no immediate plans to expand the service, Hearn said that in the future the court may open kiosks at all 28 courthouses servicing traffic tickets.
The court may add other services that could include small claims matters, Hearn said.
Traffic-ticket kiosk service opened in March at the courthouses as part of a pilot program, Hearn said, adding that the court wanted to assess operations before making the announcement.

http://www.courthousenews.com/2016/04/29/la-superior-unveils-traffic-ticket-kiosks.htm


MyECheck to Provide Government Payment Services for General Payment Systems

http://www.myecheck.com/myecheck-provide-government-payment-services-general-payment-systems/


plus so much more
imo

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