This is just 1 example of many. This was a major PR IMO that deceived shareholders... I don't believe he ever explained how or why this fell through. This PR is one of the reasons I bought into MYEC
MyECheck Signs Multi-Million Dollar Agreements with Corporate Merchant Solutions
EL DORADO HILLS, Calif., April 16, 2013 MyECheck, Inc. (OTC Pink: MYEC), a provider of electronic check payment services announces it has signed multiple agreements with Corporate Merchant Solutions, Inc. (CMS), a leading processor of electronic transactions for major corporations. MyECheck will deliver to CMS an electronic check gateway enabled with MyECheck processing services. Through this gateway, CMS customers will also have access to the MyECheck electronic check platform.
John Gerena, President of CMS stated, “We need MyECheck’s technology to provide our corporate customer base with the most efficient and cost effective method of clearing large transactions quickly. MyECheck will play an integral role in the growth of our business.”
The CMS Electronic Check Gateway, provided by MyECheck, expects to be operational before the end of this year and will enable corporations and businesses to easily begin accepting real time electronic check payments with little or no integration requirements. This will result in a minimum of $250,000 per month in gross revenue to the company.
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.