Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 SoftLandingon Feb 23, 2017 8:20pm
194 Views
Post# 25886427

RE:RE:RE:RE:Mint Series B Debentures

RE:RE:RE:RE:Mint Series B DebenturesMy whole point is that for once, we the unwashed retail investors have an edge. The Debenture holders can't do anything except agree and wait because the Series A holders, who would be first in line if the carcass was to be carved up, are owed almost 50 million dollars and would be big losers if Mint ceased to exist. Gravitas is in deep on this and owns over a hundred million shares, but are forced to hold them because if millions of shares started appearing on the ask, everyone would know they were bailing, and the share price would drop to less than a cent. The remaining float that is owned by retail investors are mostly all underwater from the early days and are holding and are probably cycling their small holdings with each news release. In order for the major investors here to profit or even get their money back, they must wait for big time revenues to kick so they can sell tens of millions of shares or sell the company for a substantial amount that everyone involved would consider agreeable.
Bullboard Posts