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Mint Corp V.MIT

Alternate Symbol(s):  MITJF

The Mint Corporation, through its subsidiaries, is a globally certified payments company. The Company is focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Company provides employers with payroll cards for their unbanked employees. It offers employers scalable, flexible and payroll card management solutions through its globally certified payments platform. It also focuses on facilitating payroll disbursement for unbanked workers, employees not qualified for traditional bank accounts. Its UAE operations comprise five entities, including Mint Middle East LLC (MME), Mint Electronic Payment Services Ltd (MEPS), Mint Capital LLC (MCO), Mint Gateway for Electronic Payment Services (MGEPS) and Hafed Holding (Hafed). MME is a payroll card services provider facilitating an automated and secure payroll system to employers in the UAE. Its UAE operations payroll cards and mobile app are branded under the Hafed name.


TSXV:MIT - Post by User

Bullboard Posts
Comment by Kermiethefrogon May 20, 2011 8:25am
197 Views
Post# 18605317

RE: MIT SHOULD EXPLODE THIS MORNING

RE: MIT SHOULD EXPLODE THIS MORNINGThat would certainly be nice, and I do think that the retracement after the news was out of balance.  I am relatively new to this company, but the more I look at it, the more I like it.  I like that their customers are on contract, and I also like that Mint Technology was one of the first with loaded cards.  I view the purchase of the other company as very good news....because they are expanding their business.

Just my opinion, but I think yesterday's price of 0.21 more closely reflects where this company is heading, and beyond if I'm right.  Time will tell, but I'm long this stock and a believer.

Just a thought, too: Do we really think that yesterday's news is all that will be in the pipeline?  I would think there is much more to come based on what we've seen recently.

Good luck to all.  These are just my opinions; I have no inside knowledge.

KTF
Bullboard Posts