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Closing strong!!! MYEC!
@MyECheck: MyECheck tells SEC it will increase volume of filings as a public company http://t.co/L4ARXxoiq1 via @Sacbiz
MyECheck Inc., showing further signs of emerging from corporate slumber, announced Monday it intends to increase its visibility as a publicly traded company.
In recent years, the Folsom-based company reduced the volume of statements filed with the Securities and Exchange Commission to a trickle. It now intends to again become a fully reporting company, which means reporting quarterly earnings reports and balance sheets.
The company's stock (OTC: MYEC) is currently traded on over the counter in the "pink sheets" market, a largely unregulated exchange.
With more transparency in its financial statements, the company will become eligible for trading on a higher level exchange.
MyECheck, launched in 2005, developed technology to electronically transfer money using the nation's check-processing system, as opposed to clearing payments through the nationwide debit or the credit-card system. MyECheck was granted a patent in 2008.
The company was launched in El Dorado Hills by payment system veteran Ed Starrs, who remains its CEO.
MyECheck earned $1.4 million in the first half of this year, up from $400,000 during the first half last year. The company reported revenue of $1.5 million in the first half, up from revenue of just $3,025 at the same time the previous year.
Up we go tomorrow!!!!
Regarding Titan. Answers on FB from Ed:
"We think that the shares that were obtained fraudulently were sent to Titan by the fraudsters"
"We have nothing to do with Titan"
Ed now answers on FB
MyECheck CEO Ed Starrs answering questions now on Facebook, open to anyone: http://t.co/2UA3gcZNi7
— MyECheck (@MyECheck) October 27, 2014
@EdStarrs: While Corporates Feel The Need For Payments Speed, Banks Worry About Cost And Risk | http://t.co/IAyzMLSWfT http://t.co/JkNiiZ7RHC
Tweeter from Ed:
"@EdStarrs: The MyECheck Form 10 with audited financials will be available for shareholder review at the AGM"
News tweet:
http://yhoo.it/1CqUl9p
Lol! Did I say that was a PR?
More tweeted:
The AGM will be on Saturday Oct 11 from 12 to around 2 pm, we have events planned for Fri night, Sat & Sun
— MyECheck (@MyECheck) August 1, 2014
MyECheck will hold an AGM (Annual General Meeting) Oct. 11 in South Lake Tahoe - details to follow in Press Release
— MyECheck (@MyECheck) August 1, 2014
Ed just tweeted:
Office Mural pic.twitter.com/Nk3pCn4stK
— MyECheck (@MyECheck) August 1, 2014
New Ed Starrs Contact Info pic.twitter.com/dmzMDeVL5X
— MyECheck (@MyECheck) August 1, 2014
.03 printed. Good luck to you too!
Sorry I meant .029!!!
.29!!!
Oh I meant I just slapped the ask myself :)
Just slap the ask!
From MyEcheck Tweeter:
@MyECheck Reports Intent to Acquire GreenPay LLC http://t.co/JDtXH2QT7w
— MyECheck (@MyECheck) June 13, 2014
It's about time DR! Good luck to you!
I totally agree with your thought!!!
MyEcheck tweeted that Ed is on FB answering questions!!!
CEO Ed Starrs is on Facebook answering questions
— MyECheck (@MyECheck) June 6, 2014
Ah my bad. Got it!
Ed tweeted this ~28mins ago.
.038!!!
.0364!!!
.034!!! :) Yes she is so thin!!!
Sorry about that. I don't have PM :)
Green!!!!
From FB:
Myecheck
Very exciting times now and ahead, we are already a much different company that we were just 2 months ago.
Like · 4 · 11 minutes ago
Myecheck
5 minutes ago
DTCC update, we are still actively pushing to get this done asap, obviously taking much longer than we originally expected. DTC requested a document that we are waiting to get back from the SEC related to our initial registration. I think we are still looking at at least another week or so.
Agree. Got another 40,000 at .38 average up!
Agree!
My post got deleted. Go figure!
Seriouly?? You want to do this again?
Me too. Loading here.
I hear you doingfine! And that is exactly what I'm doing right now. Have a great weekend all!