MyECheck, Inc. (fka MYEC)

[Hole shot King]

Mega News of Growth coming in for MEC $MYEC

UBA bank Emailmoni APPS powerd by Seergate owned by MyEcheck

https://play.google.com/store/apps/details?id=com.seergate.emailmonimobile

https://appworld.blackberry.com/webstore/content/59998809/?countrycode=US&lang=en

APPS https://emailmoni.com/sg/index.htm#

Emailmoni https://emailmoni.com/sg/index.htm


$MYEC http://mecincorp.com/

FB https://www.facebook.com/mecincorp/


$MYEC Case Study – MEC Inc. MEC Partners with the United Bank for Africa – Africa’s Global Bank http://mecincorp.com/case-study/


(((((((NEWS))))))))

$MYEC UBA and MEC, Inc., launch revolutionary Omni-channel payment system, EmailMoni


EL DORADO HILLS, CA, and LAGOS, NIGERIA--(Marketwired - Oct 19, 2016) - MEC, Inc. (OTC PINK: MYEC), (formerly MyECheck, Inc.) announced today it has entered into agreements with pan-African financial services group, United Bank for Africa ("UBA") Plc to provide a revolutionary email-based billing, payment and banking software system called "EmailMoni."
EmailMoni represents the world's latest fin-tech for cloud banking and social payments, and is expected to transform the payments, invoicing/billing and remittances landscape in Africa. The service provides a convenient and highly accessible application with multiple ways to transact that are instant, secure, and low cost.
EmailMoni enables people and businesses to securely send and receive invoices and money electronically in real-time, using their mobile phone or any web browser compatible device. Users can send and request and receive money using the mobile phone app, Microsoft Outlook app, or any email service. Money can also be securely requested and/or sent using Facebook app, SMS text and other methods.
EmailMoni Apple iOS App and Android App can also interact with point of sale (POS) systems, e-commerce for quick and secured payments online, as well as card-less ATMs using Quick Response ("QR") Codes enabling withdraws from the system at thousands of ATM locations.
EmailMoni will enable faster more efficient payments for UBA customers who are billers, such as airtime, cable and utility companies. Customers can also send and receive secure payments instantly and conveniently, while non-bank customers will be able easily access UBA banking and payment services.
"We are proud to open any frontier for e-payments in Africa with EmailMoni. This conforms with our desire to continuously deliver innovative and convenient payment options to our customers. Our innovations in the digital banking space have been possible because of our huge investments in building efficient, trustworthy platforms. We assure our customers that we are committed to continually bring the best in the financial technology space to ensure they always have the best and most convenient banking experience with all our service channels," said Yinka Adedeji, Divisional Head, Digital Banking, UBA.
Ed Starrs, CEO of MEC commented: "EmailMoni will be instrumental in the positive transformation of Africa to a digital banking system and enable greater access to secure commerce. EmailMoni focuses on the banks' customers making sure they can access their money anywhere and anytime. EmailMoni enables UBA's customers to communicate just like using email and pay for all their transactions in one place. MEC along with our sales partner in Africa, Centric Gateway, Nigeria, Limited, are committed to providing industry leading technology and service to support UBA in meeting their e-payment goals."
"EmailMoni, powered by MEC, will be a fundamental change in the payment space in Africa," stated Omoniyi Kolade, CEO of Centric Gateway. "The email-based payment platform will enable our client UBA to deliver fundamental value in promoting cashless and digital banking for their customers in their day to day transactions. EmailMoni will remove hurdles being faced by customer transactions and maintain speed, ease of use, along with security in between customer, retailers, businesses, biller, e-commerce, etc. This is the first solution in the Nigeria payment service industry that addresses customer payment affairs in a seamless way."
About UBA: With a customer base in excess of eight million, UBA has invested heavily in building robust and secure digital banking platforms to facilitate transactions across Africa. A highly diversified financial services provider, UBA is a leading player on the African continent, with significant market share and operations in 19 different African countries and business offices in New York, Paris and London. Visit: www.ubagraoup.com
About Centric Gateway: Located in Lagos, Nigeria, Centric Gateway Limited is a payment services provider and the Authorized Sales Partner in Africa for MyECheck software and services.
About MEC, Inc.: MEC, Incorporated (formerly MyECheck, Inc.) is a developer, licensor and services provider of innovative payment and banking solutions. MEC software applications include virtual/cloud banking, mobile payments apps, web commerce, POS, billing/invoicing, card-less ATM, international remittances and advanced security and fraud control technologies. Visit: www.mecincorp.com
Forward-looking statements in this release are made pursuant to "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the SEC.

http://www.marketwired.com/press-release/uba-and-mec-inc-launch-revolutionary-omni-channel-payment-system-emailmoni-otc-pink-myec-2168083.htm


Cashless Banking: UBA Depositors Using Digital Channels Hit 70%

https://newtelegraphonline.com/cashless-banking-uba-depositors-using-digital-channels-hit-70/




•As Bank unveils EmailMoni


Over 70 per cent of deposits received by UBA Plc and over 80 per cent total outflow transactions by the bank are implemented through digital channels. Divisional Head of Consumer and Digital Banking of the bank, Dr. Yinka Adedeji, disclosed this on the sideline of a media interaction in Lagos over the weekend, where the Bank also unveiled its EmailMoni, a new service that allows customers to send and receive money using their email as identity.

According to Adedeyi, who with other top official of the Bank, briefed the media on the activities of the Bank towards advancing the cashless policy of the Central Bank of Nigeria (CBN), the Bank has been at the fore front of deploying cuttingedge technology to transform banking experiences.

“Currently, 70 per cent of money coming into the Bank is through digital channels such as Point of Sales (PoS), Nigerian Interbank Settlements System Instant Payment (NIP), Automated Teller Machine (ATMs), mobile banking and Internet banking in terms of inflow of deposits. We also do over 80 per cent outflow in terms of total transactions.

“Today, there are over 10 million bank accounts so far opened for governments, businesses and individuals across Africa with eight million of these in Nigeria. We currently do over N100 billion a month on our 1,800 ATMs in Nigeria alone.

There are over seven million ATM cards of different brands that we have issued to our customers,” he said. He said that UBA, which is currently providing touchscreen ATMs for is customers, will deploy innovative technology that makes it possible for customers to do card-less transactions on ATM. “Very soon, we are going to enable our customers to use the ATM to do transactions without their cards,” he said.

Also, Adedeji said through Internet banking and mobile banking e-channels, “we are doing over N50 billion transactions,” stressing that UBA also records between N5 billion and N6 billion transactions weekly. Speaking on the launch of the email-based banking platform, EMailMoni, Adedei said this is made possible through a partnership between the Bank and MyECheck to provide the revolutionary new social commerce payment system.

According to Adedeji, “We are proud to open a new frontier for e-payments in Africa with EmailMoni. This conforms with our desire to continuously deliver innovative and convenient payment options to our customers.

“Our innovations in the digital banking space have been possible because of our huge investments in building efficient, trustworthy platforms. “We assure our customers that we are committed to continually bring the best in the financial technology space to ensure they always have the best and most convenient banking experience with all our service channels.”

According to him, EmailMoni is the world’s newest game changing technology and will dramatically advance the payments landscape in Nigeria and across Africa.

“EmailMoni is a next generation payments technology that enables people and businesses to securely send and receive money electronically in real-time and at low cost using a downloadable mobile smartphone app or from a web app. The EmailMoni web app can be accessed from any mobile device, any browser or any type of internet connected computer. “EmailMoni allows people and businesses to pay and receive electronic payments securely in a number of easily accessible and convenient ways.

Users can send and request money instantly using Microsoft Outlook email, or any web mail. Money can also be securely requested and sent using Facebook, SMS text and other methods,” he said He said that available on iOS on the Apple App Store and for Android on Google Play, the EmailMoni mobile app for smartphones will over time, interact with a card-less ATM network using Quick Response (“QR”) Code enabling cash to be deposited and withdrawn from the system at thousands of ATM locations in Nigeria and across Africa.

“EmailMoni will enable faster more efficient payments for UBA customers who are billers, such as cable and utility companies. Customers can also send and receive secure payments instantly and conveniently, while non-bank customers will be able easily access UBA banking and payment services,” he said.

Meanwhile, UBA believes that the future of banking is e-payment. According to Adedeji, “Adoption is going to growth as there is increase in mobile devices’ adoption and growth and as people continue to appreciate the convenience and flexibility inherent in e-payment. “In preparing for the current and future growth, we have been making necessary investment in Information technology (IT) and deployment of relevant security infrastructure, which is a state-of-the-art and a benchmark for the industry today,” he said.

https://newtelegraphonline.com/cashless-banking-uba-depositors-using-digital-channels-hit-70/


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Keep in mind folks, when you buy stock you're not actually gambling on that company, you're gambling on the publics IMPRESSION of that company. IMPRESSION IMPRESSION IMPRESSION!
That's why people who are shorting a stock aren't concerned with what a company is actually capable of, rather they simply concern themselves with creating a negative impression of that company in the minds of potential investors. It's a game, a game that shouldn't be legal, but it is, and if you're an investor you HAVE to play it.


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OTC http://www.otcmarkets.com/stock/MYEC/quote


free charts http://stockcharts.com/h-sc/ui?s=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 …


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123085595

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125317372

The U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy (“OIEA”) is issuing this Investor Alert to warn investors about fraudsters who may attempt to manipulate share prices by using social media to spread false or misleading information about stocks.

Social media and the Internet in general have become important tools for investors. Investors may use social media to research particular stocks, look up background information on a broker-dealer or investment adviser, find guidance on investing strategies, receive up-to-date news, and discuss the markets with others.

While social media can provide many benefits for investors, it also presents opportunities for fraudsters. Through social media, fraudsters can spread false or misleading information about a stock to large numbers of people with minimum effort and at a relatively low cost. They can also conceal their true identities by acting anonymously or even impersonating credible sources of market information.

One way fraudsters may exploit social media is to engage in a market manipulation, such as spreading false and misleading information about a company to affect the stock’s share price. Wrongdoers may perpetuate stock rumors on social media, as well as on online bulletin boards and in Internet chat rooms.

The false or misleading rumors may be positive or negative. For example, in a “pump-and-dump” scheme, promoters “pump” up the stock price by spreading positive rumors that incite a buying frenzy and they quickly “dump” their own shares before the hype ends. Typically, after the promoters profit from their sales, the stock price drops and the remaining investors lose money. In other instances, fraudsters start negative rumors urging investors to sell their shares so that the stock price plummets and the fraudsters take advantage of buying shares at the artificially low price.

SEC Enforcement Action Involving Social Media and Market Manipulation

The SEC has charged individuals for committing securities fraud through the use of social media.

In a recent Enforcement action, SEC v. Craig, the SEC accused an individual of manipulating the share prices of two publicly traded companies by tweeting false and misleading information. The defendant allegedly tweeted rumors that federal law enforcement was investigating a technology company for fraud, and that a biopharmaceutical company had tainted drug trial results and a federal government agency seized its papers. The SEC asserted that these deceptive tweets were made from Twitter accounts mimicking established securities research firms. The hoaxes allegedly caused investors to lose more than $1.5 million.

In SEC v. McKeown and Ryan, the SEC obtained judgments against a Canadian couple who used their website (PennyStockChaser), Facebook, and Twitter to pump up the stock of microcap companies, and then profited by selling shares of those companies. The couple allegedly received millions of shares of these companies as compensation and sold the shares around the time that their website predicted the stock price would massively increase (a practice known as “scalping”). The SEC’s complaint alleged that the couple did not fully disclose the compensation they received for touting the stocks. The court ordered the couple and their companies to pay more than $3.7 million in disgorgement for profits gained as a result of the alleged conduct, and ordered the couple to pay $300,000 in civil penalties.

Investors should be aware that fraudsters may use social media to impersonate an established source of market information. For example, fraudsters may set up an account name, profile, or handle designed to mimic a particular company or securities research firm. They may go so far as to create a webpage that uses the company’s logo, links to the company’s actual website, or references the name of an actual person who works for the company.

When you receive investment information through social media, verify the identity of the underlying source. Look for slight variations or typos in the sender’s account name, profile, email address, screen name, or handle, or other signs that the sender may be an imposter. Determine whether information appearing to be from a particular company or securities research firm is authentic. When contacting a company or attempting to access its website, be sure to use contact information or the website address provided by the company itself, such as in the company’s SEC filings. Carefully type the website’s address into the address bar of your web browser.

Some social media operators have systems that may help you to determine whether or not a sender is genuine. For example, Twitter verifies accounts for authenticity by posting a blue verified badge (a solid blue circle containing a white checkmark) on Twitter profiles. While a verified account does not guarantee that the source is genuine, be more skeptical of information from accounts that are not verified.

Think twice about investing if you spot any of these red flags of investment fraud:

Limited history of posts. Fraudsters can set up new accounts specifically designed to carry out their scam while concealing their true identities. Be skeptical of information from social media accounts that lack a history of prior postings or sending messages.

Pressure to buy or sell RIGHT NOW. Take the time to research the stock before you invest. Be skeptical of messages urging you to buy a hot stock before you “miss out” or to sell shares of a stock you own before the price goes down after negative news is announced. Be especially wary if the promoter claims the recommendation is based on “inside” or confidential information.

Unsolicited investment information or offers. Fraudsters may look for victims on social media sites, chat rooms, and bulletin boards. Exercise extreme caution regarding information provided in new posts on your wall, tweets, direct messages, e-mails, or other communications that solicit an investment or provide information about a particular stock if you do not personally know the sender (even if the sender appears connected to someone you know).

Unlicensed sellers. Federal and state securities laws require investment professionals and their firms who offer and sell investments to be licensed or registered. Many fraudulent investment schemes involve unlicensed individuals or unregistered firms. Check license and registration status by searching the SEC’s Investment Adviser Public Disclosure (IAPD) website or the Financial Industry Regulatory Authority (FINRA)’s BrokerCheck website.

Investors who learn of investing opportunities from social media should always be on the lookout for fraud. If you are aware of possible securities fraud, including potential market manipulation, submit a tip or complaint to the SEC.

To report a problem or to ask a question, submit a complaint or question to the SEC or call the SEC’s toll-free investor assistance line at [phone] (dial 1-202-551-6551 if calling from outside of the United States).
https://www.sec.gov/oiea/investor-alerts-bulletins/ia_rumors.html