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 12:19pm

133 Views

Post# 20279716

RE: RE: RE: RE: Trading

With this amount of volume consistently here and there over the past month, the positive is that we will inevitable flush out the weaker hands. Much of this selling coincides with the HOLD periods coming to and end. So, how many shares are we talking about? According the HOLD NR, looks like amounts to 2,287,000 shares all now free trading as of the end of July. There must be more as the volume today alone is already 500k+. There looks like another big chunk coming down the pipeline come September - so, could be weak SP for another few months - barring an Egyptian NR or some other material event.

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