Mint Corp V.MIT

Alternate Symbol(s): MITJF

Financial Services Credit Services

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

Mint Corp

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Comment by soladadeson Aug 30, 2012 10:35am

137 Views

Post# 20278957

RE: Trading

Good question - there are hardly ANY bids - if someone dumps, the SP will go below
.10. I think if EBITDA had been positive like we expected, would have been a different story. Hey, when you give away millions of free shares, people see weak markets and take their $$ and run. We like to convince ourselves that the people behind the financings are "in for the long haul", and perhaps they are, but they appear to be taking some serious 'gravy' off the top.

Bullboard Posts

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