MYEC Forbes Management Team

Edward R. Starrs, founder and CEO of MYEC is an extremely intelligent man boasting a lengthy history of success in the payment processing industry.

Please visit http://www.forbes.com/edwardstarrs to view his profile.

R. Stephen Blandford, B.Soc., I.T.P., Secretary & CTO, retains over 15 years experience as a Senior Information Technology Professional. With credentials in Economics as well as Computer Science, Mr. Blandford is skilled at both business and technology adoption. Mr. Blandford has served in the CTO position at a number of successful companies in the online entertainment and gaming industries.

MYEC Patent Details

MyEcheck Inc. is the sole owner of Patent US7389913 Method and apparatus for online check processing.

This patent is one of a kind and allows MYEC to process, clear, and allow the transfer of funds from any US checking account in a matter of seconds. Electronically from any device in the world, to over 120 countries and will even preform foreign exchange if needed. 

Best of all, MYEC charges a 1% fee per transaction (maximum $5) to clear checks in any amount. Far lower than 2.9% with Visa and other providers.

PayPal also offer an Echeck service, however as you will find, their system requires 3-5 business days to clear funds in addition to higher rates. MYEC has the perfect answer to enhance PayPal's services.

Current Contracts/Deals

This is a summary of all MYEC deals as well as businesses offering MYEC's services (found by the iHub board). They are all linked so you may visit the websites.

Press Released:

MyECheck Announces Services Agreements with Karmen Consultants Group

 

MyECheck Signs Multi-Million Dollar Agreements with Corporate Merchant Solutions

 

MyECheck Signs Agreement with Spindle, Inc. to Provide Electronic Check Services

 

MyECheck Signs Check Processing Agreement with Bank of Kentucky

Board Found:

Cardinal Commerce 

 

Raza (Online Phone Cards) (Look at bottom right corner beside Paypal, Visa, Mastercard)

 

Web2Market

 

 Merchant Services Consulting Group (Look at scrolling banner bottom of page)

 

Aqurit Bankruptcy Process Outsourcing (Look for Payment Options Paragraph)

 

ZIPMARK (Through agreement with Cardinal Commerce also MYEC partner)  

 

Plan B Pay

 

 

MYEC Security Details

Share Structure

Market Value1	$15,007,362	a/o Jul 02, 2013
Shares Outstanding	3,262,470,000	a/o May 23, 2013
Float	791,230,863	a/o May 29, 2013
Authorized Shares	4,900,000,000	a/o Jan 30, 2013
Par Value	0.001

Financial Reporting/Disclosure

Reporting Status	Alternative Reporting Standard
Audited Financials	Unaudited
Latest Report	Mar 31, 2013 Quarterly Report
CIK	0001347004
Fiscal Year End	12/31
OTC Market Tier	OTC Pink Current

Profile Data

SIC - Industry Classification	7370 - Services-Computer Programming, Data Processing, Etc.
Business Status	Development Stage Company a/o Sep 30, 2012
Incorporated In:	WY, USA
Year of Inc.	2004
Employees	2 a/o Jul 1, 2013

Company Officers/Contacts

Edward R. Starrs	President
Steve Blandford	CTO