RE: RickfactorI do hold a small position in Mint (Speculative). I've been following Mint since last summer. At that time I was researching companies that had a sudden substantial drop in share price and was below 0.10
Canada has been slow adopting Prepaid Credit/Debit card usage. Short term usage will undoubtedly increase, and long term I find it inevitable that we eventually won't need to carry money around. It will cost less money to have an economy with virtual money than having to constantly print paper or create metal coins.
We may not see the day when only virtual money exists, but we are looking at the foundation of this happening today. Wireless Prepaid Credit/Debit is only at the beginning stages and Canada has yet to fully take advantage of that technology.
Who has the upperhand in helping to deploy this technology in Canada? Mint has kept a low profile, but it's good to find these companies before the crowd does.. Or you wouldnt profit from the Research, Hours and Money we invested!