United Bancorp, Inc. Sees Surge in Share Volume


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OTC:BB:UBMI / PK:MYEC / OTC:BB:BTCS
05/12/2014 [ACCESSWIRE]

United Bancorp, Inc. (OTCQB: UBMI) saw its share volume skyrocket on May 9th with 127,955 shares exchanging hands, significantly higher than its three month daily average share volume of 40,541.

United Bancorp, Inc. operates as the bank holding company for United Bank & Trust that provides commercial banking services to individuals, corporations, fiduciaries, and other institutions. The company's deposit products include checking, savings, time deposit, and money market deposit accounts. Its loan portfolio comprises real estate loans, secured and unsecured business and personal loans, consumer installment loans, credit card and check-credit loans, home equity loans, accounts receivable and inventory financing, and construction financing.

The company also offers a range of conventional residential mortgage products, including purchase, refinance, and construction loans. In addition, it provides various investment services to individuals, corporations, and governmental entities; and trust, financial planning, investment, custody, and pension paying agent services, as well as acts as the personal representative for estates. Further, the company offers structured financing to small businesses and commercial property owners; and money transfers, safe deposit facilities, Internet banking and bill payment, check clearing operations, securities safekeeping, transfer of funds, and loan participation services, as well as purchases and sells federal funds. Additionally, it offers non-deposit investment products through licensed representatives.

UBMI closed at $12.10 on May 9th.

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MyECheck, Inc. Sees Share Volume Slide

MyECheck, Inc. (OTCPINK: MYEC) saw its share volume slide on May 9th with 15,588,733 shares exchanging hands, half of its three month daily average share volume of 30,599,748.

MyECheck, Inc. operates as an electronic transaction data processor that provides an alternative payment solution to paper checks, payment cards, and automated clearinghouse payments in the United States. Its services include electronic check service for businesses and other organizations that accept payments online, over a mobile device, or over a telephone to generate electronic checks by directly integrating with the company's payment engine; and check authorization service that enables merchants to verify consumer provided data, check the status of customer's bank account, provide evidence that the consumer has authorized the check, and predict the likelihood of a check being returned unpaid.

The company also provides check guarantee service that enables merchants to ship products or provide services immediately since the check guarantee provider partner of the company warranties all approved checks and reimburses the payee (merchant) for financial losses incurred as a result of returned checks. The company serves a variety of customers, including Fortune 100 corporations, governments, Internet retailers, banks, and payment services providers.

MYEC closed at $.042 on May 9th, 7.97% higher than its previous close of $.0389.

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Transform Public Relations Named Bitcoin Shop, Inc.'s New Public Relations Firm

Bitcoin Shop Inc. (OTCQB: BTCS) saw its share volume surge on May 9th with 2,604,814 shares exchanging hands, more than double it three month daily average share volume of 1,223,748.

This uptick in volume comes after Bitcoin Shop Inc. announced the appointment of Transform Public Relations as its technology, consumer, and e-commerce public relations agency and SocialRadius as its social media-marketing firm.

Michael Terpin, founder of both companies, is a recognized innovator in PR, social media and technology platforms for the PR industry. He founded what is now Marketwired in 1994 as Internet Wire, selling the company, which was backed by Sequoia Capital and Hummer Winblad, in 2006. More recently, Terpin co-founded BitAngels (2013), the largest angel investor group for Bitcoin-related companies, and the BitAngels Fund (2014), the first venture fund dedicated to decentralized applications.

Charlie Kiser, Chief Marketing Officer of Bitcoin Shop, commented, "We're excited to have Michael and his team representing Bitcoin Shop. Transform and Social Radius together bring the network and the expertise we need to engage and communicate with shoppers, media channels, and industry influencers."

BTCS closed at $.16 on May 9th, 10.61% lower than its previous close of $.179.

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