MyECheck, Inc. (fka MYEC)

[Ando Financing Firm]

This is the most volatile stock there is I am pretty sure. I don't buy any of this stock because I would have a heart attack but I do enjoy watching it's price fly all over the place.

President Obama signed the Improper Payment Elimination and Recovery Act of 2010 (IPERA) with the goal of reducing the federal government’s improper payments. Electronic invoicing is the leading technological solution to prevent improper payments by eliminating error –prone manual processing.

To comply with IPERA, government agencies have finalized actions to mandate electronic invoice submission to their invoicing centers. A Federal Register rule mandating electronic invoice submission was published November 27th, 2012. The mandate requiring contractors to submit payment requests in electronic form is effective December 27th, 2012 and can be located within the Federal Registry at:

https://federalregister.gov/a/2012-28612

I do not believe MYEC has tried to fill this requirement. I know that Data Interchange EDI ANSI X12, a third party EDI provider and OB10 have capitalized.

Paper invoicing is like sending a letter through the mail. Who sends anything besides emails anymore? This is definitely a growing industry but I just haven't seen anything from MyECheck that makes me comfortable investing in them and the insane volatility I see with the stock confirms my belief. If anyone can reply with solid evidence to defend MyECheck I would appreciate it. Feel free to private message me with any other companies that would be a good investment regarding electronic invoicing. Have a great weekend everyone!