MyECheck, Inc. (fka MYEC)

[Pass the Salt]

Social media strategy
Direct Sales
Payments Industry experience

Independent Sales Reps

Partners support their merchants. MYEC can't take care of 100,000 accounts as presently constituted.

No Reverse Splits
Concentration -expect more shares to come back. Less 0/S is anticipated. Ultimate goal NASDAQ or more senior-exchange. May be chance of R/S if it is verified that it will help shareholders but only if it brings further value.

Dialgue w/Zipmark--open to settlement however they haven't been willing to show financial statements

Didn't pay for delivered software (that they're deriving revenue from)

MYEC's biggest risks: Newer Company challenges--can we get to market and make $$$$$$ quickly?!!

Legal/regulatory changes and unknowns

Reg CC federal reserve concerning electronic check is in the works

This quarter completion of reg CC is possible

Mitigation ramping up revenue better than TCA funding coming

Waiting on revenue to exceed expenses

Seergate = Internal Capabilities YES International Bank platform for multiple countries coming

Cualix International capabilities as well

Banking over-regulated environment in Ed's opinion. Longer timelines because of banking realities (regulatory burdens) sees it changing soon with less restrictions. Mobile payment apps to be money transmission federal and state licenses needed. Applying for these licenses now--

Trans 15 Yes/Yes payment company focused trade show. All ISOs/gateways

PayPal QR code based-- MYEC charges .25 they charge .25 + 3.9% PayPal

Electronic check clear money into wallet ASAP is MYEC special capability

They have parts but not whole solution. We've eliminated interchange fees..

NOBODY ELSE IN THIS SPACE

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