MyECheck, Inc. (fka MYEC)

[Pass the Salt]

After reviewing the Q & A it looks like hundreds of companies could be integrated by MYEC this summer IME. Without Seergate MYEC would be looking at much-lower customer counts. Not for lack of interest but in getting integrations fully rolling.

I like how Ed is truly looking for solutions and not trying to reinvent the whole wheel. Seergate IMO looks like a timely and absolutely critical acquisition. The word ASSET comes very much to mind.

We can make the best bread in the world so to speak but if we don't have a reliable vehicle to deliver it to the customer in a reasonable timeline none of the first matters. Let's face it we all need certainty.

I remember Ed's comment from the AGM where he mentioned how getting a basic response from banks can take two weeks. Sometimes the only response is perpetual silence or 'we need more due diligence' so they can delay everything again. I've experienced the above scenario with banks and it is extremely frustrating and costly.

Truly some opportunities only come once in a lifetime and when you have banks playing games (for a multitude of reasons) you can't deliver and credibility is often weakened for all-involved.

With Seergate/MYEC is going to be to be more the master of its own destiny and associated timelines. MYEC 3.0 is going to get strong legs rather than 'weak knees' from bankers who are intrigued but rightfully scared of what is coming to the market.

I had a laugh the other day at one of 'Too Big To Fail Banks' when one of their associates was asked by a customer about a wire transfer and he proudly and quickly said '40.00.' They love their old time rails and monopoly but the DISRUPTION is coming!

Lots of great stuff in Q & A: IMO William Mills is spending their energies right now marketing MYEC to their 'inside sales accounts' and other hot contacts. It's only a matter of time before an absolute flood of client acquisitions pours through MYEC's doors. Fish of all shapes and sizes and even WHALES!!