Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 27, 2012 4:09pm
452 Views
Post# 19845865

RE: RE: RE: RE: RE: Anonymus selling

RE: RE: RE: RE: RE: Anonymus selling

MESSAGE POSTED by

How do you know mgmnt. won't do the same thing all over again when SP is @
.25 or say
.30 and do the early exercise thing again? Perhaps something to consider as management seems to suggest they will get ~$6 M in proceeds from this early exercise - but what if they don't?. Will the $$ they raise be enough or will they have to resort to another type of financing.

If I were them, then I would focus on providing short term, small amount loans. The quicker they get the cash back and the more admin fees they can charge the quicker they can grow the business.

Bullboard Posts