MyECheck, Inc. (MYEC.OB) Reports a Substantial Rise in Unaudited Revenues in Second Quarter
MyECheck, Inc. (OTCBB: MYEC) recently announced that unaudited revenues for the first two months of the second quarter of 2008 increased over 100% compared to their first quarter's results. For the month of May 2008, the company's unaudited revenues increased by over 60% compared to the numbers in April 2008. The company pointed out that, although there has been an economic downturn in many regards, their latest figures demonstrates a significant change when it comes to online retailing. A recent report by eMarketer estimates that U.S. retail e-commerce sales (excluding travel) will reach as much as $146 billion during this…