MyECheck Reaches Profitability in Unaudited Second Quarter Financial Results
MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, is pleased to announce that it operated at a profit in both the months of May and June, 2009. Revenue in the second quarter 2009 was approximately 38% higher than in the first quarter 2009, and approximately 110% higher than the second quarter 2008. Management notes that revenue in the second quarter does not yet reflect most of the larger clients signed in the past several months that are expected to start generating revenue for the company in the third quarter of 2009. California State Teachers…