SOURCE: MyECheck, Inc.

MyECheck, Inc.

April 08, 2015 10:42 ET

MyECheck Re-Files Form 10 for Registration of Securities With SEC

FOLSOM, CA--(Marketwired - Apr 8, 2015) - MyECheck, Inc. (OTC PINK: MYEC), the leader in electronic check solutions for internet and mobile payments, announced today that it has filed a Form 10 with the Securities Exchange Commission, also known as General Form For Registration of Securities.

The purpose of the Form 10 filing is to register its class of common stock with the SEC, to become fully reporting with the SEC, improving company transparency, and to qualify for a more senior stock exchange.

The Form 10 Registration statement contains audited financial statements through 2014, and all pertinent information related to the business of the MyECheck.

The registration becomes effective after SEC acceptance. MyECheck previously filed a Form 10 with the SEC last October, however withdrew the application due to the fact the audited financial statements needed to cover all of 2014.

About MyECheck: Winner of the 2015 PYMNTS Award for Best Check Innovation, MyECheck, Inc. is a leading electronic payment technology developer, licensor and payment services provider. MyECheck operates under license to US Patent 7,389,913, "Method and Apparatus for Online Check Processing" granted June 2008. This patented payment method is the fastest, most secure and most cost effective method of processing payments in the US. MyECheck provides comprehensive payment solutions for all payment applications including mobile payments and the industry's most advanced security and fraud control technologies. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions.

Forward-looking statements in this release are made pursuant to "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the SEC.

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