InvestorsHub Logo
Followers 137
Posts 3593
Boards Moderated 0
Alias Born 09/10/2013

Re: None

Thursday, 05/08/2014 12:56:23 PM

Thursday, May 08, 2014 12:56:23 PM

Post# of 298910
Itonis, Inc. Signs First Retail Merchant for MyECheck's Point of Sale Mobile Payment Application

Itonis, Inc. Signs First Retail Merchant for MyECheck's Point of Sale Mobile Payment Application
LAGUNA HILLS, CA--(Marketwired - May 8, 2014) - Itonis, Inc. (PINKSHEETS: ITNS) today announced that it has signed a letter of intent with Valley Organics Inc. for retail use of MyECheck's patented mobile payment application that will facilitate point of purchase transactions for medical marijuana.

As soon as MyECheck delivers the licensed mobile payment application to Itonis, Valley Organics will be among the first merchant partners to use the proprietary application.

The new mobile app will offer a strong competitive advantage to the massive exploding marijuana dispensary market, facilitating cash-free point of sale transactions between transacting parties in the secure mobile payments industry.

"The delivery of our licensed MyECheck mobile application will allow Itonis to realize transaction fee revenues, and Valley Organics represents the first of many retail merchant contracts that we expect to sign over the next 6 months," said Steve Pidliskey, Itonis' Vice President.

http://www.valleyorganics.org/

About Valley Organics Inc.
Southern California-owned and licensed medical marijuana co-op and transporting. It collectively facilitates medical marijuana cultivation and transactions by and between its qualified patient members and/or primary caregiver members who have the oral or written approval or recommendation of a licensed physician, as allowed by the Compassionate Use Act of 1996 (Health and Safety Code section 11362.5) and the Medical Marijuana Program Act (Health and Safety Code sections 11362.7 - 11362.83).
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.