Category Archives: OTC

VOIP PAL.com, Inc. (VPLM: OTC Pink Current) | Voip-Pal.com’s Engagement of Southbank Capital Announced to the Public by Southbank in Australia

Voip-Pal.com’s Engagement of Southbank Capital Announced to the Public by Southbank in Australia

Sep 23, 2014

OTC Disclosure News Service

Voip-Pal.com Inc. (“Voip-Pal”, “Company”) (OTC Pink: VPLM) announced
today that Southbank Capital has issued a press release in Australia
regarding their agreement to represent Voip-Pal for sale to their
existing relationships. The news release is included in its entirety
below.

Dr. Thomas Sawyer, Chairman and CEO of Voip-Pal stated, “The Board and
management of Voip-Pal are pleased with the progress being achieved by
Southbank in the anticipated sale. They have a keen understanding of the
Company’s patented technology and its potential value.”

Southbank Capital to Sell VOIP-PAL.com Inc.

: Southbank Capital has been mandated to sell VOIP-PAL.com Inc.

Melbourne, Australia, 22nd September 2014: Southbank
Capital has been mandated to sell VOIP-PAL.com Inc. (OTC Pink: VPLM)
following the signing of our letter of engagement in NY on Tuesday 16thSeptember.

“VOIP-PAL.com has an amazing collection of strategic patents that could
potentially create a new worldwide Telco overnight for the company that
owns these assets which have the ability to monetize VOIP,” said
Southbank Capital CEO, Mr. Francis Galbally.

“Southbank Capital can see a future where the mobile wireless world will
significantly shift towards those companies that can control the content
delivery in an affordable and seamless way,” Francis added.

About Southbank Capital

Southbank Capital, based in Melbourne, Australia is a Boutique Corporate
Advisory and Investment Firm with extensive worldwide contacts which
assists corporate clients in the strategic development of their
businesses and to identify, analyse, structure, price, negotiate, market
and effect transactions.

About Voip-Pal.com Inc.

Voip-Pal.Com, Inc. (“Voip-Pal”) is a publicly traded corporation (OTC
Pink: VPLM) headquartered in Bellevue, Washington. The Company owns a
portfolio of patents relating to Voice-over-Internet Protocol (“VoIP”)
technology that it is currently looking to monetize. www.voip-pal.com

Copyright © 2014 Businesswire. All Rights Reserved

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/VPLM/news?id=88322

MyECheck, Inc. (MYEC: OTC Pink Current) | MyECheck Updates on Progress of Mobile Payment Apps

FOLSOM, Calif., Sept. 22, 2014 /PRNewswire/ — MyECheck, Inc. (OTC PK: MYEC), the leader in electronic checks, today announced that it has confirmed new relationships that will enable the launch of its suite of mobile payment apps into the market.  The Company had originally announced its plan to launch mobile payment apps in the summer of 2014, however after a service partner delay, the Company sought new partners and has since established the required new relationships to move forward with the market launch.  

Due to the freeze in the payments industry for the months of November and December, MyECheck expects all the apps to be available for download and use in January 2015.  MyECheck payment apps can be used by anyone with a smart mobile device by simply downloading and registering the app, enabling real time secure mobile commerce.  The MyECheck mobile payment solutions do not require any special hardware, and will work with all smart Apple and Android devices.

The MyECheck personal payment app is a mobile extension of its user’s bank account, and eliminates the need to carry checks, cash and cards allowing anyone with a smartphone to make instant payments at no cost to them. 

The MyECheck downloadable merchant point of sale app allows any business to accept mobile payments at their point of sale with no POS hardware or NFC required, and without interchange fees.  MyECheck payments are a low flat fee only, clear faster, work with more customers, don’t have chargebacks, and have proven to be more secure than any other mobile payment system or method.  Payment apps can be downloaded and used in real time with no delay.

MyECheck has sold a number of licenses for its mobile payment app technology, including custom-built payment apps with unique features for specific industries, including the legal marijuana industry.  The new relationships recently forged will also enable MyECheck to begin delivering services to its licensees and its wholly owned subsidiary, GreenPay, LLC.

About MyECheck: 
MyECheck Inc. is a leading electronic payment technology developer 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, and it works with the most people, businesses and entities.  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.

For more information contact:

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.

SOURCE MyECheck, Inc.

Article source: http://www.otcmarkets.com/stock/MYEC/news?id=88316

Spyglass Resources Corp. (SGLRF: OTCQX International) | Spyglass Resources Corp. Announces Change to the Board of Directors

CALGARY, ALBERTA–(Marketwired – Sep 22, 2014) – Spyglass Resources Corp. (“Spyglass”, or the “Company”) (TSX:SGL)(OTCQX:SGLRF) announces the appointment of Mr. Michael Rapps to the Board of Directors (the “Board”) to replace Mr. George Armoyan, who has chosen to step down from the Board effective September 22, 2014. “We wish to thank Mr. Armoyan for his significant contribution to the Company and are pleased to welcome Mr. Rapps to the Board”, said Tom Buchanan, Chairman of the Board. “Mr. Rapps’ business experience will add a valuable perspective to our Board”.

Michael Rapps is President and CEO of Clarke Inc., a publicly traded investment company and recently acted as Managing Director of Geosam Capital Inc., a private investment company focused on investing in small and mid-capitalization companies with a focus on real estate and industrial investments. Prior to joining Geosam, Mr. Rapps practised law at Davies Ward Phillips Vineberg LLP. He holds a BCL and an LLB from McGill University. Mr. Rapps serves on the Board of Clarke Inc., Holloway Lodging Corp. and Supremex Inc.

Clarke Inc. owns approximately 5 percent of the issued and outstanding shares of Spyglass.

Spyglass Resources Corp. is a dividend paying intermediate oil and natural gas company, headquartered in Calgary, Alberta and currently operates oil and gas properties in Western Canada.

Reader Advisory and Note Regarding Forward Looking Information

Certain statements contained within this press release, and in certain documents incorporated by reference into this document constitute forward looking statements. These statements relate to future events or future performance. All statements, other than statements of historical fact, may be forward looking statements. Forward looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “budget”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe” and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward looking statements.

In particular, this press release contains the following forward looking statements pertaining to, without limitation, the following: Spyglass’ (i) future production volumes and the timing of when additional production volumes will come on stream; Spyglass’ (ii) realized price of commodities in relation to reference prices; (iii) future commodity mix; (iv) future commodity prices; (v) expectations regarding future royalty rates and the realization of royalty incentives; (vi) expectation of future operating costs on a per unit basis; (vii) the relationship of Spyglass’ interest expense and the Bank of Canada interest rates; (viii) future general and administrative expenses; future development and exploration activities and the timing thereof; (ix) deferred tax liability; (x) estimated future contractual obligations; (xi) future liquidity and financial capacity of the Company; (xii) ability to raise capital and to add to reserves through exploration and development; (xiii) ability to obtain equipment in a timely manner to carry out exploration and development activities; (xiv) ability to obtain financing on acceptable terms, and (xv) ability to fund working capital and forecasted capital expenditures. In addition, statements relating to “reserves” or “resources” are deemed to be forward looking statements, as they involve assessments based on certain estimates and assumptions that the resources and reserves described can be profitably produced in the future.

We believe the expectations reflected in the forward looking statements are reasonable but no assurance can be given that our expectations will prove to be correct and consequently, such forward looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of this press release or as of the date specified in the documents incorporated by reference in this press release. The actual results could differ materially from those anticipated as a result of the risk factors set forth below and elsewhere in this press release which include: (i) volatility in market prices for oil and natural gas; (ii) counterparty credit risk; (iii) access to capital; (iv) changes or fluctuations in production levels; (v) liabilities inherent in oil and natural gas operations; (vi) uncertainties associated with estimating oil and natural gas reserves; (vii) competition for, among other things, capital, acquisitions of reserves, undeveloped lands and skilled personnel; (viii) stock market volatility and market valuation of Spyglass’ stock; (ix)geological, technical, drilling and processing capabilities; (x) limitations on insurance; (xi) changes in environmental or legislation applicable to our operations, (xii) our ability to comply with current and future environmental and other laws; (xiii) changes in tax laws and incentive programs relating to the oil and gas industry, and (xiv) the other factors discussed under “Risk Factors” in the Company’s 2013 Annual Information Form.

Readers are cautioned that the foregoing lists of factors are not exhaustive. The forward looking statements contained in this press release and the documents incorporated by reference herein are expressly qualified by this cautionary statement. The forward looking statements contained in this press release speak only as of the date thereof and Spyglass does not assume any obligation to publicly update or revise them to reflect new events or circumstances, except as may be required pursuant to applicable securities laws.

Barrel of oil equivalents or BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 mcf: 1 bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. As the value ratio between natural gas and crude oil based on the current prices of natural gas and crude oil is significantly different from the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be misleading as an indication of value.

This press release shall not constitute an offer to sell, nor the solicitation of an offer to buy, any securities in the United States, nor shall there be any sale of securities mentioned in this press release in any State in the United States in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such State.

Article source: http://www.otcmarkets.com/stock/SGLRF/news?id=88297

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