NEWS!
Itonis, Inc. Signs LOI With MyECheck, Inc. for Licensing of App for Medical Marijuana Point of Purchase
Itonis, Inc. Signs LOI With MyECheck, Inc. for Licensing of App for Medical Marijuana Point of Purchase
LAGUNA HILLS, CA--(Marketwired - Mar 17, 2014) - Itonis, Inc. (PINKSHEETS: ITNS) is pleased to announce that it has entered into a Letter of Intent with MyECheck, Inc. to acquire a software license for MyECheck's patented mobile payment app that will facilitate point of purchase transactions for medical marijuana, gambling, and general retail sales.
MyECheck, Inc. is a publicly traded company (PINKSHEETS: MYEC) that has developed and patented a software payment platform that allows instant and secure digital payments providing consumers a new and alternative payment option other than credit/debit cards, checks, wires, and ACH.
"We are excited to announce this new relationship with MyECheck for Itonis to license and distribute the availability of this new consumer payment option. The Company is confident that this new venture will add value to our shareholders," says Mark Cheung, Itonis' CEO. "We expect to have further information as we finalize the licensing
