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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 panhandlephillipson Apr 26, 2012 3:42pm
5 Views
Post# 19840578

RE: Big news

RE: Big news

Was there ever any doubt?  Not in my mind.  Too much at stake here.  In the course of 2 years Mint Middle East (payroll cards) whet from about 60,000 to 600,000 and they became the largest non-bank payroll providor in UAE for WPS.  If they can even get half that growth, not just from UAE but throughout the GCC we'll be laughing all the way to the bank. 

 

Any card now issued through a financial institution in the UAE and the GCC will be 

 

accepted by the MGP platform.  
 
Don't let short term discomfort cloud what Mint is becoming.  Even at .225 this stock is cheap.
 
 
 
Bullboard Posts