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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

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Post by justmebirdon May 30, 2013 7:25pm
141 Views
Post# 21463582

Maybe I just don't understand

Maybe I just don't understand

What does this mean?

 

PRESS RELEASE FROM MARKETWIRE

Mint Announces 2012 Quarter 3 Financial Statements, Management Discussion & Analysis And Business Update

Monday, December 03, 2012

TORONTO, ONTARIO--(Marketwire - Dec. 3, 2012) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Mint Technology Corp. (TSX VENTURE:MIT) ("Mint" or the "Corporation") is pleased to announce that it filed its 3rdQuarter ("Q3") Financial Statements, Q3 Management Discussion and Analysis ("MD&A") and related CEO and CFO Certificates for the Q3 trading performance ended September 30, 2012 (the "Q3 Filings") on November 29, 2012.

Management provides the following highlights:

  • Revenue increased from $1,329,564 reported for the 4 months ended December 31, 2011 to $15,076,297 for the 3 months ended September 30, 2012 reflecting the first contribution of the ePAY acquisition announced on July 13, 2012. 


     
  • Net Loss for the 3 months ended September 30, 2012 was ($795,968) compared to ($2,327,362) for the 3 months ended June 30, 2012 and ($5,800,673) reported for the 4 months ended December 31, 2011. 
     

 

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