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MyECheck Inc. (MYEC) Trade Now » Rate MYEC - Discuss MYEC - Add to Watch List

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MYEC: Bull or Bear?

Cash-starved payment processor MYEC

78%

-185.71%
in 13 days
(closed on 10/21/08)

These guys are a money-losing microcap company in the payment processing business. They bill themselves as an alternative to the ACH system. Liabilities dwarf assets on the balance sheet. In fact stockholder's equity is negative. The company is cashflow negative. They have gone hat in hand to two private investors to do a PIPE. So far, they haven't come through with all the money.

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By Walter Thatcher (+5.08% risk: moderate) 10/08/08

Comment

MyECheck, Inc. (MYEC.OB) Launches Checkgateway on Its Check 21 (RCC) Software Platform MYEC

72%

-5.26%
in 17 days
(closed on 07/08/08)

MyECheck Inc.(OTCBB: MYEC), a major provider of comprehensive alternative payment solutions and electronic payment processing via patent pending software solutions, today announced that Checkgateway, a leading provider of electronic payment services, is now using MyECheck’s patented software to process e-checks on behalf of its merchant clients.

Checkgateway, a participating electronic payments gateway partner, and its clients are now able to process Remotely Created Check (RCC) check transactions using MyECheck’s payment engine.

This RCC, applicable to Internet, phone, and ...

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By quality stocks (-16.41% risk: aggressive) 06/21/08

49 comments

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People Bullish on MYEC

cbwill979

Analyst

N/A

3 mos ago

Elizabeth

Analyst

3 %

5 mos ago

People Bearish on MYEC

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StreetInsider.com on MYEC

MyECheck Increases Transaction Processing Capacity by 400%

Form 8-K Myecheck Inc. For: Nov 17

MyECheck Inc. Signs California State Teachers' Retirement Fund (CalSTRS) to Its Check 21 Patented Software

Media Advisory: Paulson Investment's 31st Annual Westergaard Conference Showcases Emerging Small and Micro Cap Companies

MyECheck Signs SunSetter Products to Its Online Check Processing Service

Discussion Wall

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patrickbrando (+0.00%)

Revenues - Looking at the balance sheet the company is starting to show some revenues, and the CEO also announced that he expects the company to be cash flow posi

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