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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 takingthemonon Apr 04, 2013 9:59am
169 Views
Post# 21209762

RE: RE: Mint's missed updates

RE: RE: Mint's missed updates

I have heard something to that effect but have not confirmed. I have confirmed that he has taken the route of increasing his debt financing over shares. I wonder if in this months news release we will see him giving more money for the debt side. I am sure they need more money and it will show in the news release.

Yes I have similar peeves with various companies that I hold. It is a shame that just a few years ago MANY companies were being run much better then now. Many management teams have just went on a spending blitz just to end up needing to raise more money at the worst time. Not very strategic planning in my books.

I hold many shares of ALL OF THE COMPANIES I post about.  Where are the old days when companies did not perform and the management were changed up to give shareholders confidence back? Not replacing anyone and making dumb mistakes again and again is ridiculous. 

Bullboard Posts
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