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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 soladadeson Sep 11, 2012 11:15am
163 Views
Post# 20347154

RE: RE: Debenture and PP Announced

RE: RE: Debenture and PP Announced

Also agree. SP is NEVER going to go anywhere if they keep financing every 2nd month!! And agree also, why is it taking so long to get those additional cards loaded? Last Q statement, our revenues were basically flat - would have thought much higher! I always like the business plan, but put a huge caveat on it in the very beginning that perhaps it is too much on one's plate. Someone previously mentioned that this endeavour would have been a big undertaking for even a decent sized co., let alone a small fry like MINT. When, oh when, will the financing stop??? Good grief! I don't foresee the SP going anywhere for some time now - perhaps till next year - that's why I took 100k of shares of the table over the last month. Still have a solid position, but think I can get better returns in the short-term with some other things. Perhaps best thing to do is put our heads in the proverbial sand till this time next year.

Bullboard Posts