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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 KnowledgeSeeker1on Oct 12, 2012 7:38am
131 Views
Post# 20476603

RE: RE: RE: RE: RE: RE: RE: Dump - Round 2

RE: RE: RE: RE: RE: RE: RE: Dump - Round 2

The company hit a low of 0.055 late October last year on no significan news that I could find after being in the 0.11-0.12 range and everyone panicked and in short order it was back up in no time.

The company has said there has been no material change and as has been mentioned here Funds follow a different set of rules than regular investors who can buy and sell as they choose.

Management has invested a fair bit of their own money in this stock and guys like MLC hae also made huge purchases and I haven't seen any insider sells on Canadianinsider.com so I take this as a big buying opportunity and picked up more.

There are risks as in any stock but I'm counting on us being rewarded in time.

KnowledgeSeeker

Bullboard Posts