Looking for real undervalued companies.
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I agree 100% with that
From Mr Starrs: MyECheck has never been in a better position than it is right now, we are very confident in our products and the demand for them, and we are reaching are goals and achieving new milestones daily. We are building the internal infrastructure of the company to facilitate and support our growth with new hires and a new facility. We have customer and licensee integrations that are being completed, bank integrations under way, we are engaged with many new prospects and we are operating profitably. I haven't been selling stock and everything at the company is very positive and progressive.
https://www.facebook.com/myecheckinc
For those who underestimate our CEO:
Mr. Starrs has more than 20 years experience as an international business executive with management experience in multiple industries. He has been an officer and director of MyECheck since its formation in 2004. Previously, Mr. Starrs was President of Starnet Systems International, Inc., a wholly owned subsidiary of a public company that was processing more than $2 billion annually in Internet transactions. Mr. Starrs owned and operated several successful companies including, ERS Marketing, Inc., where he produced over $20 million in contracts for his clients, and Bay Distributing, Inc. a major distributor of over 800 product categories to Fortune 500 accounts. From January, 2002 through October, 2004, Mr. Starrs was President of Digency, Inc., an online payment processing company engaged in credit card and eCheck transaction processing for Internet Merchants. Starrs has also held senior management positions with Fortune 100 companies including McCaw Communications, Inc. (AT&T), and AMF, Inc., the world's largest sporting goods conglomerate. Effective May 21, 2010, the Board of Directors of the Company has appointed Edward R Starrs, the Company's Chief Executive Officer, as acting Chief Financial Officer until a suitable permanent replacement can be
seated.
This is not a game i'm Long on MYEC Forever...watch and learn!
I agree i'm pissed, is this company a JOKE everyday it's doom and gloom news this makes no fckn cents 2 me!!
If I watched there news everyday I wouldn't invest in any MJ ticker and I'm sitting here holding the messenger COME ON UTRM U GOT TO BE KIDDING ME!!!!!!!!!!!
BMAK is gone so how come we not moving up?
That's a true statement
For those that bought in above .04 I can understand how you feel as far as news goes and the PPS but MYEC is one stock that I don't worry about because of the industry, Ed's patent and Ed's ability as a CEO to get MYEC back to Nasdaq where she belongs again IMO.
It's almost inevitable that huge news and I mean HUGE NEWS is coming soon, how soon well that's a good question but when that key PR does land I bet the excitement and the impact from it will last a lifetime, the kind of stuff you read about and go "I wish I would've invested in that company when it was a penny stock, do you know how much money I would have today if I did"..... watch and learn.
Long on MYEC forever.
Green Company Holdings Evaluating Land Acquisitions
NEW YORK, NEW YORK, April 29, 2014: Worldwide Internet, Inc. (OTC Pink: WNTR) (?Worldwide?) announced today that its portfolio company Green Company Holdings is currently evaluating land acquisitions with potential partners in The Green Fund (www.thegreenfund.us).
The company has identified potential properties that will provide for collectives of master gardeners and business-minded individuals looking to be the premier legal cultivator of wholesale marijuana. The members of this collective see a huge business opportunity in this booming industry and want to use the power of the sun and green houses to produce product year round for marijuana dispensaries.
The land will have greenhouses that will be constructed with steel frames and a polycarbonate covering. These state of the art houses will be fully climate controlled, making it possible to operate year round. They will have separate areas to allow for different growing methods as well as supporting all phases of plant growth. The facilities will provide significant advantages to keep production costs low while still being able to reach the highest quality.
The parties will work together to further identify properties for The Green Fund.
Frank Kristan, President of Worldwide Internet, Inc. stated that:
"We see this as a significant opportunity to diversify our holdings with The Green Fund and further develop companies in the medical marijuana industry. We continue to add companies to our fund and look forward to additional transactions in the near future."
About Worldwide Internet, Inc.
Worldwide Internet, Inc. (OTC Pink: WNTR) (www.worldwideinternetinc.com). The company is now focused on making acquisitions of business operations and investments to create a diversified holding company.
About The Green Fund
The Green Fund (www.thegreenfund.us) is a comprehensive group of qualified Small Cap Public Companies in the Emerging Hemp and Medical Marijuana Sectors that strives to bring up to date Actionable Investment Intelligence on the pulse of these rapidly growing industries.
FORWARD-LOOKING STATEMENTS:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the OTC Markets and. undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Contact:
Frank Kristan
frankkristan@worldwideinternetinc.com
Phone/Fax: (206) 984-3470
Great day at WNTR and great job to all that held today..thanks I haven't sold a share yet this is a long term investment and hopefully it stays that way.
My 1 post for today - I love how MyEcheck is always mentioned with the big dogs:
http://www.solutionsallianceltd.com/?lg=en&pg=about
SOLUTIONS ALLIANCE LIMITED - an experienced player in the eCommerce industry that has been leveraging the power of Open Source technology to help online merchants fulfill their business goals at a fraction of the cost and time of proprietary eCommerce solutions. Our clients are a new generation of store owners eager to materialize on their creative ideas and gain an edge in their industry. For years they heard "no". They turn to us for our expertise, guidance, level of execution and a passion matching theirs.
Market Background
eCommerce continues to grow at more than 30% per year. Along with this rapid growth has been continuous growth of Internet fraud and consumer interests of security. In response to this trend, many new tools for authentication and secure alternative payment methods emerged quickly. These solutions, such as Checked Visa, MasterCard SecureCode, PayPal, Google Checkout, Bill Me Later and others help merchants and banks lower processing costs, improve security and attract more buyers to browsers. However, implementation problems limit the market acceptance of those decisions. Vendors are faced with the complexity of the implementation of many types of payment while keeping them up to date. This adds additional problems for the merchants because of the potential high costs associated with the adoption of new solutions.
eCommerce Platform developed the industry's solution for merchants, carts, gateways, acquiring banks, processors and issuing banks, to make it easy to make a payment authentication initiatives (Checked by Visa and MasterCard SecureCode), to obtain the benefits of consumer authentication, reducing the fees, guaranteed payments and ultimately reduce fraud. At the same time, our platform supports all the latest alternative payment brands, such as Bill Me Later, PayPal, Google Checkout, MyECheck, NetCash, Western Union, MoneyGram and Green Dot MoneyPak.
Record success
SOLUTIONS ALLIANCE LIMITED has established close partnerships with leading players in the entire value chain of the transaction. Merchants who use our software include Travelocity, Dell, sharper image, Yahoo! Travel, Continental, Xerox, Western Union, SkyMall, Hotwire, Ritz Interactive, headings, NewEgg, Symantec, Pulse EFT and many drugie.Dostupa to alternative payment brands with a simple implementation for the seller. At the same time we are working with financial service providers such as Chase Paymentech, First Data, FNBO, PayPal, Google Checkout, etc. to power the various e-commerce and mobile commerce, authentication service for transactions.
This is always very comforting to see.
I can only post once a day but no worries about DR, newbies do your DD and everyone else have a great weekend.
Forever long on MYEC!
Just an update I suppose but who's complaining were green today.
I think it would be better to ask Frank if you have a question.
To me once the halt came on PHOT because of those shares being sold I kinda felt like the SEC did way more harm than good shutting this company down I mean they acted as if this company was trading back in the trips over night because of some insider trading.
I don't own PHOT I got in too late to make a significant profit so I sold and moved on to others, but im glad to hear that it will be back up and running for all that still have a stake in it. It's not a good look when a good company like PHOT gets halted by the SEC it makes you wonder about this MJ sector, but PHOT prevails and this MJ sector will also.
GLTU all and God Bless
Lets get WNTR to .05
MyECheck’s Mobile Product Strategy March:
MyECheck’s strong competitive advantage as an electronic payment platform is its exclusive ability to enable transfers from any checking account. And the transactions are faster, safer and lower cost than ACH and card transactions. The benefits are substantial making the MyECheck platform clearly superior in many ways for mobile payments.
MyECheck provides three types of mobile payment solutions for different applications:
1) As a backend or wholesale processor to Mobile Payment Service Providers (MPSP)s. These include payment processors, e-wallets, stored value, and large merchant proprietary payment systems. The MPSP integrates with MyECheck in the traditional manner.
2) As a MPSP with a comprehensive solution for POS purchases on mobile devices.
3) As a licensor of customized mobile payment solutions.
MyECheck will be launching new products in the coming weeks and months including an end-to-end turn-key mobile payments solution that any business can easily implement remotely. The retail Point Of Sale system will include user apps for Apple and Android devices, and a download merchant POS app that runs on Quickbooks accounting software.
There are two mobile payment systems, one has higher security and has been developed for regulated industries. The other has been developed for retail sales, however the set-up and process flow is almost identical.
The Merchant only requires an internet connected computer with Quickbooks and a bank account, the User only requires an internet connected mobile device or tablet and a checking account.
The process flow for remote registration apps the regulated industries system:
Merchant downloads, installs and registers MyECheck Merchant App
User downloads and installs MyECheck User App
User selects Merchant in User App Merchant Menu
User enters Registration Data and submits to Merchant App
Merchant App validates Bank Data and Pre-Approves/Declines User Account
User presents ID at Merchant Location, Merchant compares to Registration Data
Merchant App displays QR code to User App containing User Account Token
At POS Merchant App displays QR code to User App containing Invoice
User App displays Transaction Detail and prompts authorization
User authorizes payment by sending Token to Merchant App
Merchant App verifies User Bank Account and Approves/Declines Transaction
Merchant App sends receipt to User App
MyECheck backs up transaction data at an independent data warehouse.
With this uniquely broad range of capabilities, MyECheck can serve almost any customer in any market either directly or through one of MyECheck’s licensees or MPSP partners. This model also enables growth through leveraging partners’ existing customer base and sales and marketing resources.
I'm in IHUB jail so this is my one post for the day :)
Long on MYEC
Thanks Thai looking forward to reading it bud.
Hmmm Ford, Sony, CNN, and even Yahoo to name a few that use Word Press
http://www.wpbeginner.com/showcase/21-popular-brands-that-are-using-wordpress/
You people act like little nagging children
Come on WNTR it's time to reward the new longs that entered with some green on the screen that sticks.
A few green ticks a day will keep the shorts and flippers away.
Long on MYEC$
http://www.businessinsider.com/apple-ecommerce-and-mobile-payments-plans-2014-2
From the article about Apple:
"For years, the El Dorado of mobile marketing has been to figure out a way to encourage a phone user to go to a store and buy something at the checkout, and then to be able to immediately attribute that specific sale to a specific phone or owner. This is what marketers mean by "closing the loop." Some companies have tried, but it is trickier than it sounds — you can check in on Foursquare or Facebook at The Gap all you want, but if the store clerk can't link your checkin to the sale, then the action is nearly useless"
Is El Dorado a hint about MYEC?
Read more: http://www.businessinsider.com/apple-ecommerce-and-mobile-payments-plans-2014-2#ixzz2zijoCG58
I would find it very unprofessional for Ed to be associate with anything called dopecoin IMO but perhaps he is on some crypto currency business development for the Legal Marijuana Industry makes since to me.
Dopecoin will be used for legal or illegal business I heard no way that could associated with MYEC.
Worldwide Signs Letter of Intent With Hydro Pharms
NEW YORK, NY--(Marketwired - Apr 21, 2014) - Worldwide Internet, Inc. (OTC Pink: WNTR) (PINKSHEETS: WNTR) ("Worldwide") announced today that the company has entered into a Letter of Intent with Hydro Pharms, LLC (www.hydro-pharms.com) to participate with Worldwide and Green Company Holdings in The Green Fund (www.thegreenfund.us).
Hydro Pharms, LLC is expected to be a leader in the Medicinal Marijuana Industry in the State of Florida specializing in the cultivation, manufacturing, and distribution of Cannabis products. As a premier product manufacturer Hydro Pharms will be leading the industry in compliance and regulatory operational planning to set new industry standards.
Hydro Pharms, LLC is focused on becoming a leader in the industry through regulatory compliance led by best business practices and a quality assurance department. Additionally, the organization has broad plans to help many by implementing internal programs that will help the needy. For example, Hydro Pharms, LLC has intentions to create an internal Children's Humanitarian Program that will serve to provide CBD (Cannabidiol) in the forms of oils to children that suffer from Epilepsy. Hydro-Pharms will donate a percentage of its crops to families or a non-profit organization whose children suffer from this specific disease. Another program in which they intend to promote and facilitate is for Veterans that suffer from PTSD (Post Traumatic Stress Disorder) that are returning home from the Middle East. Hydro Pharms, LLC will honor and serve these Disabled Veterans with the same honor and dedication by providing Medicinal Marijuana at discounted retail prices. The pain and suffering of those who sacrificed so much for our state and country will soon have a means to an alternative medication.
The companies will also work together to develop the humanitarian program for children. In addition, the parties will work together to identify a diversified portfolio of additional investments for The Green Fund.
Frank Kristan, President of Worldwide Internet, Inc. stated that:
"We see this as an opportunity to continue to work with companies that are focused on regulatory compliant projects in the medical marijuana industry. We continue to add companies to our fund and look forward to additional transactions in the near future."
About Worldwide Internet, Inc.
Worldwide Internet, Inc. (OTC Pink: WNTR) (PINKSHEETS: WNTR) (www.worldwideinternetinc.com). The company is now focused on making acquisitions of business operations and investments to create a diversified holding company.
About Hydro Pharms, LLC
Hydro Pharms, LLC (www.hydro-pharms.com) is expected to be a leader in the Medicinal Marijuana Industry in the State of Florida specializing in the cultivation, manufacturing, and distribution of Cannabis products. As a premier product manufacturer Hydro Pharms will be leading the industry in compliance and regulatory operational planning to set new industry standards.
About The Green Fund
The Green Fund (www.thegreenfund.us) is a comprehensive group of qualified Small Cap Public Companies in the Emerging Hemp and Medical Marijuana Sectors that strives to bring up to date Actionable Investment Intelligence on the pulse of these rapidly growing industries.
FORWARD-LOOKING STATEMENTS:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the OTC Markets and. undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Contact:
Frank Kristan
frankkristan@worldwideinternetinc.com
Phone/Fax: (206) 984-3470
Worldwide announced that the company has completed an initial investment into TeleMedCare LLC (www.telemedcare.us).
TeleMedCare has a complete solution to telemedicine. The TeleMedCare solution provides remote viewing and intelligent reporting of a full range of vital signs and health questionnaires, with specific applications to care for patients at home, in a care facility or in the community.
TeleMedCare's proprietary equipment and software, developed in Australia, are the core of this complete solution. It is the result of many years of development, combining clinical excellence and design to deliver a high quality, user friendly experience. TeleMedCare is currently finalizing initial contracts for $3m in North America. TeleMedCare will be exhibiting at the American Telemedicine Association Trade Show in Baltimore, Maryland from May 17 to May 20, 2014.
Telemedicine is the remote delivery of healthcare services and clinical information using telecommunications technology. This includes a wide array of clinical services using internet, wireless, satellite and telephone media. It is a rapidly growing component of the $2 Trillion dollar healthcare market in the United States.
The company also announced that it expects the audited statements for its listing to be completed by June 30, 2014.
Frank Kristan, President of Worldwide Internet, Inc., stated that:
"We are excited about this investment and see strong potential growth for this technology in the healthcare market. We continue to add companies to our diversified holdings in the healthcare sector to increase our shareholder value."
About Worldwide Internet, Inc.
Worldwide Internet, Inc. (OTC Pink: WNTR) (PINKSHEETS: WNTR) (www.worldwideinternetinc.com). The company is now focused on making acquisitions of business operations and investments to create a diversified holding company.
About TeleMedCare
TeleMedCare LLC (www.telemedcare.us) provides remote viewing and intelligent reporting of a full range of vital signs and health questionnaires, with specific applications to care for patients at home, in a care facility or in the community.
FORWARD-LOOKING STATEMENTS:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the OTC Markets and. undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Contact:
Frank Kristan
frankkristan@worldwideinternetinc.com
Phone/Fax: (206) 984-3470
It's ok to post old news as long as it's still relevant. It may be old news to longs bu new to new comers and any positive information is still as good as it was last week as it is today when it comes to them IMO
Same here WNTR is the only other stock that made me feel like MYEC
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 Ten 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.
Please visit http://myecheck.com
Edward Starrs - CEO/CFO/Chairman of the Board/Director/President, MyEcheck, Inc.
http://www.forbes.com/profile/edward-starrs/
MyECheck, Inc. announced the launch of Version 3.0 of its patented electronic check data processing engine. The new platform with significantly enhanced security and functionality can quickly integrate with any bank in the US Federal Reserve banking system, eliminating the need for MyECheck customers to open a new account at a specific partner bank such as Bank of Kentucky. MyECheck is now successfully using the new platform to deposit real time electronic payments into customer accounts at Bank of America, Chase, and many other banks.
New proprietary security and anti-fraud systems within MyECheck Version 3.0 are being introduced into the industry and further reduce the likelihood of fraudulent transactions. The new systems further validate all data associated with a transaction in real time and enable new types of real time commerce and revenue streams for MyECheck customers and licensees such as real time mobile payments.
Other features of MyECheck 3.0 include plug-ins for mobile commerce apps, easier and faster customer integration, licensee modules and reporting, faster processing speeds and much higher processing capacity, with additional functionality to be easily added as plug-in modules. Future security technologies being developed now include 'Biometrically Authorized Device Signatures', and technology that correlates validated bank account ownership to a validated identity.
MyECheck CEO, Ed Starrs commented, "MyECheck Version 3.0 represents a major system upgrade over 2.0 released in July 2006. New capabilities equip us to handle our new revenue streams, higher capacities and evolving customer needs while improving efficiency. Most importantly, we are on the leading edge of fraud prevention technology and practices in the payments industry. After over 10,000,000 fully electronic checks processed, MyECheck has never had a fraud complaint or refund, and security protocols and new technologies in MyECheck Version 3.0 will help ensure we continue to stay ahead of fraud."
"Key to widespread adoption and acceptance of MyECheck technologies is a completely safe and trusted real-time electronic payment system that works for anyone, anytime on any device. The system must also be low cost, simple to use and easily added to any commerce application, that's the ultimate US payment system and that is what we are delivering right now," Starrs added.
The Company also today announced that it has entered into a long-term agreement with Quality Technology Services (QTS) to provide outsourced hosting services in Sacramento. MyECheck's primary production environment now resides at their highly secure and redundant data center.
QTS owns, operates and manages over 3.8 million square feet of secure, state-of-the-art data center infrastructure and provides dependable mission-critical IT operations for over 800 customers. QTS is one of the largest data center providers in the US and provides core data center services -- Custom Data Center Services, Colocation Services, and Cloud Services.
Mr. Starrs has 16 years experience developing anti-fraud technology related to network transactions and has previously worked with the US National Security Agency under a Co-Operative Research and Development Agreement and Patent License Agreement to develop and commercialize network security related technology. Steve Blandford, MyECheck CTO, also has very extensive security and anti fraud technical expertise, and has experience with Mr. Starrs on security and fraud prevention technologies for over 10 years including leading development on the NSA project and others.
About MyECheck
MyECheck Inc. is a leading payment data processor and technology developer & licensor that provides a new electronic payment method used as a preferred alterative to cash, paper checks, credit & debit cards, and ACH "e-check" payments. MyECheck's patented payment method is the fastest, most secure and most cost effective payment method in the US and is poised to be a significant payment platform. As the leader in Check 21 solutions and check image processing for online and mobile transactions, MyECheck provides merchants with the easiest, fastest, safest, and lowest cost way to collect money electronically from the most customers. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions.
Please visit http://myecheck.com
Mr. Starrs has 16 years experience developing anti-fraud technology related to network transactions and has previously worked with the US National Security Agency under a Co-Operative Research and Development Agreement and Patent License Agreement to develop and commercialize network security related technology. Steve Blandford, MyECheck CTO, also has very extensive security and anti fraud technical expertise, and has experience with Mr. Starrs on security and fraud prevention technologies for over 10 years including leading development on the NSA project and others.
About MyECheck
MyECheck Inc. is a leading payment data processor and technology developer & licensor that provides a new electronic payment method used as a preferred alterative to cash, paper checks, credit & debit cards, and ACH "e-check" payments. MyECheck's patented payment method is the fastest, most secure and most cost effective payment method in the US and is poised to be a significant payment platform. As the leader in Check 21 solutions and check image processing for online and mobile transactions, MyECheck provides merchants with the easiest, fastest, safest, and lowest cost way to collect money electronically from the most customers. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions.
Please visit http://myecheck.com
MyECheck, Inc. launched a new payment platform for real-time government account to government account payments. MyECheck G-Pay service is the only fully electronic payment service that is capable of processing fully electronic transfers from government owned bank accounts.
The G-Pay application is a plug-in to MyECheck V 3.0 and provides easily implemented security and payment capabilities for government entities to process authorized funds transfers to and from any government owned checking account. The service will be sold directly to federal, state and local government entities through internal sales, and through the use of contracted government payment service providers as resellers.
MyECheck also announced it has certified with the state of California as a qualified vendor to the state, and now is eligible to bid on California state government contracts as a certified vendor for payment services. MyECheck is now also registered in the BidSync system to bid on all eligible government contracts. The company has previously bid on and was awarded a California contract to process payment data for CalSTRS.
The MyECheck G-Pay system has been developed to facilitate an easily implemented solution for government entities to transition from paper items to real-time fully electronic payments. G-Pay works with governments existing check payment issuance and tracking systems that are designed to issue and report paper check transactions. Other system features include secure system access and transaction authorization verification, and customizable automated reporting.
Ed Starrs of MyECheck stated, "Until now, government entities had two ways to make payments, paper check or wire transfer, the vast majority of these transactions being paper checks. The new MyECheck system is the first in the nation to facilitate fully electronic real-time government account payments. The system is also the best solution for tax payments, utility payments and other business (B2G) and personal (P2G) payments."
BidSync offers purchasing and electronic procurement solutions for government agencies and businesses across North America. With the largest bid notification system in North America, suppliers and vendors are able to identify, respond to, and win bid opportunities that grow their businesses.
About MyECheck
MyECheck Inc. is a leading electronic payment technology developer providing a new electronic payment method that is replacing cash, paper checks, credit & debit cards, and ACH "e-check" payments. MyECheck operates under license to US Patent 7,389,913, "Method and Apparatus for Online Check Processing" granted June 2008. The patented new fully electronic real-time payment method is the fastest, most secure and most cost effective method of processing payments in the US, and it works with the most people, businesses and entities. MyECheck provides comprehensive payment systems for all payment applications including mobile payments and the industry's most advanced security and fraud control technologies. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions.
Please visit http://myecheck.com
I know right..Dam that sh!t cracked me up I still can't stop laughing at that one MYEC is a classic pump and dump..Where they get these guys somebody tell me something LOL!
Wow really you consider MYEC a classic pump and dump? LMMFAO!!!!!!!!!!
Your funnier than Dizzy Row and Handmoney2 you guys are way too funny I mean waaaaaaaaaaaaaaaaaaaaaaaay to funny!
Thanks for the laugh bro you made my day with that one "a Classic pump and dump"
Yes Sir that's my plan glad to see someone like you on board, I like the article you did on MY$C!
Welcome aboard Thai and icanbeathestreet!
MyECheck, Inc an electronic payment solutions provider and the leader in fully electronic check technology welcomed Bruce Smith, CPA, as Vice President of Finance and Company Controller. The Company also announced its plans to become a fully reporting company with the SEC, move to a more senior stock exchange and has engaged new independent accountants L.L. Bradford to conduct an audit of the Company.
http://llbradford.com
Bruce M. Smith, Certified Public Accountant, is a forensic auditor, business advisor and a seasoned financial professional with over 25 years of progressive accounting responsibility. Mr. Smith expertise is key insight into the design and implementation of financial reporting systems and management reports for growing companies. Mr. Smith is a Capital Partner in the firm BBRS LLP, one of the Sacramento regions most prestigious accounting firms, and has held CFO and Controller positions in a number of successful and fast growing tech companies.
The Company has also engaged independent auditors, L.L. Bradford Certified Public Accountants and Consultants, to audit the Company's financial statements for the past 4 years, and on an ongoing basis. The Company intends to file audited financial reports with the SEC and become a fully reporting company as soon as the audit is complete. The Company also intends to apply for listing on a more senior stock exchange as a fully reporting company and is taking steps accordingly.
At a special meeting, the MyECheck Board of Directors seated a Board of Directors confirming Edward Starrs (Chairman of the Board), Bruce Smith (Corporate Treasurer) and Robert "Steve" Blandford (Corporate Secretary), as Members of the Board of Directors.
Ed Starrs, CEO, commented, "I've known Bruce for many years and his knowledge and experience is an outstanding addition to our senior management team, we are excited he has decided to join us. Greater financial controls, audited financial statements and a more senior stock exchange will significantly enhance MyECheck's credibility."
Starrs added, "We will not reverse split our stock or otherwise restructure the company's equity in any way that we think will negatively impact our share price. We plan to qualify to graduate by improving company performance and growing revenue, assets, number of shareholders and share value."
About MyECheck
MyECheck Inc. is a leading payment data processor and technology developer & licensor that provides a new electronic payment method used as a preferred alterative to cash, paper checks, credit & debit cards, and ACH "e-check" payments. MyECheck's patented payment method is the fastest, most secure and most cost effective payment method in the US and is poised to be a significant payment platform. As the leader in Check 21 solutions and check image processing for online and mobile transactions, MyECheck provides merchants with the easiest, fastest, safest, and lowest cost way to collect money electronically from the most customers. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions.
Please visit http://myecheck.com
MyEcheck Electronic Check Web Service
Internet merchants and other companies wishing to accept payments online or over a telephone (“Merchants”) can directly integrate with MyECheck’s payment engine. Payer check data is collected by the Merchant either at the Merchant’s website or over the telephone, and is transmitted in real-time to MyECheck for processing.
MyECheck uses patented technology to generate electronic checks in accordance with the Federal Reserve Check 21 specification. Electronic checks are formatted and are transmitted in near real-time to banks, or directly to the Federal Reserve for clearing on behalf of MyECheck’s customers.
Electronic checks are not subject to many of the shortcomings of Automated Clearing House (“ACH”) based e-check systems and cost-effectively provide higher transaction success rates, faster funds clearing and fewer returned items.
Compared to other online payment methods, MyECheck’s Electronic Check Web Services works with more payers, is more secure with less fraud, and is lower cost with flat fee pricing.
iStock_000036575338Large
Check Authorization Service
MyECheck offers Check Authorization Service, which enables merchants to verify consumer provided data, check the status of the customer’s bank account, provide evidence that the consumer has authorized the check and predict the likelihood of a check being returned unpaid. Businesses that accept payments online through MyECheck utilize this service to provide greater assurance that the check will clear. Transactions can be approved or declined based upon the results of the Check Authorization Service.
Check Guarantee Service
MyECheck co-markets with Check Guarantee Providers to offer Check Guarantee Service. The Check Guarantee Provider warranties all approved checks and reimburses the Payee for financial losses incurred as a result of returned checks. The Check Guarantee Provider buys the returned checks that have been warranted from merchants for the full face value of the returned checks. MyECheck merchants utilize Check Guarantee Service so that they can ship products or provide services immediately without having to wait for the check to clear. The Check Guarantee Service also eliminates the need for Merchants to collect on returned items from their customers. The Check Guarantee Providers are independent third parties whose services are offered to Merchants separately from the MyECheck service. MyECheck is not compensated by, and does not compensate, Check Guarantee Providers. MyECheck may in the future enter into compensated arrangements with Check Guarantee Providers.
Please visit http://myecheck.com
Mr. Starrs has 16 years experience developing anti-fraud technology related to network transactions and has previously worked with the US National Security Agency under a Co-Operative Research and Development Agreement and Patent License Agreement to develop and commercialize network security related technology. Steve Blandford, MyECheck CTO, also has very extensive security and anti fraud technical expertise, and has experience with Mr. Starrs on security and fraud prevention technologies for over 10 years including leading development on the NSA project and others.
About MyECheck
MyECheck Inc. is a leading payment data processor and technology developer & licensor that provides a new electronic payment method used as a preferred alterative to cash, paper checks, credit & debit cards, and ACH "e-check" payments. MyECheck's patented payment method is the fastest, most secure and most cost effective payment method in the US and is poised to be a significant payment platform. As the leader in Check 21 solutions and check image processing for online and mobile transactions, MyECheck provides merchants with the easiest, fastest, safest, and lowest cost way to collect money electronically from the most customers. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions.
Please visit http://myecheck.com
MyECheck, Inc. announced the launch of Version 3.0 of its patented electronic check data processing engine. The new platform with significantly enhanced security and functionality can quickly integrate with any bank in the US Federal Reserve banking system, eliminating the need for MyECheck customers to open a new account at a specific partner bank such as Bank of Kentucky. MyECheck is now successfully using the new platform to deposit real time electronic payments into customer accounts at Bank of America, Chase, and many other banks.
New proprietary security and anti-fraud systems within MyECheck Version 3.0 are being introduced into the industry and further reduce the likelihood of fraudulent transactions. The new systems further validate all data associated with a transaction in real time and enable new types of real time commerce and revenue streams for MyECheck customers and licensees such as real time mobile payments.
Other features of MyECheck 3.0 include plug-ins for mobile commerce apps, easier and faster customer integration, licensee modules and reporting, faster processing speeds and much higher processing capacity, with additional functionality to be easily added as plug-in modules. Future security technologies being developed now include 'Biometrically Authorized Device Signatures', and technology that correlates validated bank account ownership to a validated identity.
MyECheck CEO, Ed Starrs commented, "MyECheck Version 3.0 represents a major system upgrade over 2.0 released in July 2006. New capabilities equip us to handle our new revenue streams, higher capacities and evolving customer needs while improving efficiency. Most importantly, we are on the leading edge of fraud prevention technology and practices in the payments industry. After over 10,000,000 fully electronic checks processed, MyECheck has never had a fraud complaint or refund, and security protocols and new technologies in MyECheck Version 3.0 will help ensure we continue to stay ahead of fraud."
"Key to widespread adoption and acceptance of MyECheck technologies is a completely safe and trusted real-time electronic payment system that works for anyone, anytime on any device. The system must also be low cost, simple to use and easily added to any commerce application, that's the ultimate US payment system and that is what we are delivering right now," Starrs added.
The Company also today announced that it has entered into a long-term agreement with Quality Technology Services (QTS) to provide outsourced hosting services in Sacramento. MyECheck's primary production environment now resides at their highly secure and redundant data center.
QTS owns, operates and manages over 3.8 million square feet of secure, state-of-the-art data center infrastructure and provides dependable mission-critical IT operations for over 800 customers. QTS is one of the largest data center providers in the US and provides core data center services -- Custom Data Center Services, Colocation Services, and Cloud Services.
Mr. Starrs has 16 years experience developing anti-fraud technology related to network transactions and has previously worked with the US National Security Agency under a Co-Operative Research and Development Agreement and Patent License Agreement to develop and commercialize network security related technology. Steve Blandford, MyECheck CTO, also has very extensive security and anti fraud technical expertise, and has experience with Mr. Starrs on security and fraud prevention technologies for over 10 years including leading development on the NSA project and others.
About MyECheck
MyECheck Inc. is a leading payment data processor and technology developer & licensor that provides a new electronic payment method used as a preferred alterative to cash, paper checks, credit & debit cards, and ACH "e-check" payments. MyECheck's patented payment method is the fastest, most secure and most cost effective payment method in the US and is poised to be a significant payment platform. As the leader in Check 21 solutions and check image processing for online and mobile transactions, MyECheck provides merchants with the easiest, fastest, safest, and lowest cost way to collect money electronically from the most customers. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions.
Please visit http://myecheck.com
Well it was selling for a whole lot more before the bank went out of business taking MYEC down with it.
MyECheck, Inc. launched a new payment platform for real-time government account to government account payments. MyECheck G-Pay service is the only fully electronic payment service that is capable of processing fully electronic transfers from government owned bank accounts.
The G-Pay application is a plug-in to MyECheck V 3.0 and provides easily implemented security and payment capabilities for government entities to process authorized funds transfers to and from any government owned checking account. The service will be sold directly to federal, state and local government entities through internal sales, and through the use of contracted government payment service providers as resellers.
MyECheck also announced it has certified with the state of California as a qualified vendor to the state, and now is eligible to bid on California state government contracts as a certified vendor for payment services. MyECheck is now also registered in the BidSync system to bid on all eligible government contracts. The company has previously bid on and was awarded a California contract to process payment data for CalSTRS.
The MyECheck G-Pay system has been developed to facilitate an easily implemented solution for government entities to transition from paper items to real-time fully electronic payments. G-Pay works with governments existing check payment issuance and tracking systems that are designed to issue and report paper check transactions. Other system features include secure system access and transaction authorization verification, and customizable automated reporting.
Ed Starrs of MyECheck stated, "Until now, government entities had two ways to make payments, paper check or wire transfer, the vast majority of these transactions being paper checks. The new MyECheck system is the first in the nation to facilitate fully electronic real-time government account payments. The system is also the best solution for tax payments, utility payments and other business (B2G) and personal (P2G) payments."
BidSync offers purchasing and electronic procurement solutions for government agencies and businesses across North America. With the largest bid notification system in North America, suppliers and vendors are able to identify, respond to, and win bid opportunities that grow their businesses.
About MyECheck
MyECheck Inc. is a leading electronic payment technology developer providing a new electronic payment method that is replacing cash, paper checks, credit & debit cards, and ACH "e-check" payments. MyECheck operates under license to US Patent 7,389,913, "Method and Apparatus for Online Check Processing" granted June 2008. The patented new fully electronic real-time payment method is the fastest, most secure and most cost effective method of processing payments in the US, and it works with the most people, businesses and entities. MyECheck provides comprehensive payment systems for all payment applications including mobile payments and the industry's most advanced security and fraud control technologies. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions.
Please visit http://myecheck.com