Tingo Inc (TMNA)

[cheusmann]

I have seen much larger share structures move 100-1000%. That does not worry me. Here for a good time, not a long time. I think we get a decent swing from these levels over the next month.

[swampboots]

Yahoo shows 3.53 book value each share right now.

[tuner88]

I'm just curious looking at this stock now. BDCO has 14.8million shares outstanding but TMNA has 1.2billion. Seems like a lot of shares for this to take the big leaps in price I've seen posted here.

[swampboots]

TMNA nailed the .681 for the "commotion".

[makinezmoney]

$TMNA: OHHhhhhhhhhh yes....... CEO attending Qatar Summit !

There is alottttttttttt of big MONEY in QATAR........ home of the 2022 FIFA WORLD CUP.

And there will be some big time investors paying bigggggg time attention


Just added another 13k shares here





GO $TMNA

[cheusmann]

I envision this making a BDCO type move. Let's see. I want 300-500% at least:)

[cheusmann]

Took a bunch this morning.

[makinezmoney]

$TMNA: Trust me .... i know alot about $BDCO


Same as I know moreeeeeeeeeee than enough on $TMNA


The Revenues that $TMNA is pulling is undeniable.

3x more than what $BDCO is bringing in and we are soooooooooo low here sub $1.

Its definitely worth the wait if you take advantage of these firesale prices but
they are growin leaps and bounds in Africa and especially in agri fintech.

I'm adding sub $1 here as much as possible.

I am killing it right now on $BDCO......... all that money will be coming in here


GO $TMNA

[cheusmann]

I agree. Look at BDCO and what it did. I envision this doing the same once people catch on.

[makinezmoney]

$TMNA: Don't worry.... low volume bid whacking !

We are easily a $25/sh stock.......... market still has no clue what this is.

We do.

Take advantage of that while you can.


GO $TMNA

[cheusmann]

Price action makes little to no sense here so far. Under a dollar? Sheesh

[makinezmoney]

$TMNA: Added another 9k there..........


You see me buying these cheapies :)


GO $TMNA

[makinezmoney]

$TMNA: Added more here at 1.20


Yupppppppppppppppppppppppp


We are sooooooooooooo undervalued


The DD is all out there............... no brainer


GO $TMNA

[makinezmoney]

$TMNA: Added more here at 1.05 todayy


Thanks to the bid whackers still trying to get cheap shares and shaking the tree.

Eventually they'll be covering and then it'll rip super hard



GO $TMNA

[MannyFresh]

If true that's great. I'd like to see it spelled out in a filing or pr

[makinezmoney]

$TMNA: No.. 1 TMNAshare = 7.75 new MICTshares

And 1MICT share = 2.25 new MICT shares


As the subsidiary of the new combined MICT, we are the majority owners of the shares.

After all, we are bring pretty much alllllllllllllll of the value and cash to the deal.

SO yes, We get ALL GLORY.

Existing MICT shareholders will have to pay up.

Currently the market is already undervaluing us anyway relative to the $4Billy they
were calling for in the combined deal.

It'll all play out in our favor in the end anyways.

Just great to get uplisted to the BIG Boards and more visibility


As you can see from trading volume, TMNA shares are not diluted and relative volume trade a lotttttttt less than MICT primarily because the majority insider
ownership of shares by TMNA management are restricted for several years out still, bonus for us.

$MICT however has had several days over the past 3yrs trading volume of over 100Milly on peaks for average daily trading but they have fallen below Nasdaq $1
listing threshold which is why they need $TMNA to get them over that level.

GO $TMNA

[DawgTrading]

Good question

[MannyFresh]

Yea I read the same but that doesn't answer the question. If I have 1 share currently how many will I own in the new merger company is the question

[thebear37]

I am having trouble reconciling why Tingo is giving MICT 22% of the combined business. Tingo was valued over 3B when the deal was announced and MICT has a market cap around 80MM so based on this math MICT should be much less than 22% of combined company.

To me it looks like Tingo is way overpaying for MICT. What am I missing?

[makinezmoney]

$TMNA: No.... an exception will be made because

TMNA already beats the $1 min threshold.


MICT really has nothing to gain here........... all is in favor of TMNA here

TMNA should get to $20 by July



GO $TMNA

[DawgTrading]

Will the MICT Nasdaq delinquency have any affect on the standing of Tingo $TMNA once the merge is executed?

[DawgTrading]

From what I read TMNA will be 78% (approx) of the company share ownership, and MICT shareholders will have 22%.

https://www.streetinsider.com/Corporate+News/MICT+%28MICT%29+and+TINGO+%28TMNA%29+Execute+Merger+Agreement/20047350.html

[makinezmoney]

$TMNA: We getting uplisted to NASDAQ like $MICS

Did you see what happened to $MICS overnight ???

It used to be on the OTC under $SMDM !

And now it just got uplisted overnight and their Annual Revenues are only $45Milly.

$TMNA does over $900MILLY in annual revenues and an excellent Share Structure as well.

Great things are coming here


GO $TMNA

[MannyFresh]

Once the merger happens is 1 tmna = 1 mict share?

[DawgTrading]

Thanks for your thoughts

[makinezmoney]

$TMNA: I don't see any value in $MICT

Its just the vessel thats gonna carry $TMNA.

TMNA is where the value is and where all the locked up restricted insiders shares are.

$TMNA is definitely the value here


GO $TMNA

[DawgTrading]

Would it be worth grabbing MICT as well as TMNA, in your opinion? No commissions on MICT, but seems TMNA holders is getting the lions share in terms of percentage of corporate ownership post merger.

[makinezmoney]

$TMNA: Added another 5k today

Gimme some of these cheapies all day.


GO $TMNA

[makinezmoney]

$TMNA: Something BIG, NEW & EXCITING coming


Latest tweet is out....... andddddddddddd that means LISTING as well.






GO $TMNA

[makinezmoney]

$TMNA: And with Agriculture Food Stocks going higher


And Food Costs going higher, $TMNA revenues will continue to increase higher
amid the global food crisis.

https://www.dw.com/en/african-food-prices-soaring-amid-ukraine-war/a-61790298


GO $TMNA

[DawgTrading]

Should easily be over $50/sh

With these numbers I agree, thats why i couldnt pass up starting a position.

[makinezmoney]

$TMNA: $900Milly of their Revenues in AFRICA

I know the markets are getting whacked in the US but this is independant of US.

There is virtually no DEPENDANCE on American generated Revnue.




NWAASA and their other business units are doing this all in AFRICA.

So this is a VERY GOOD thing.

And $900Milly is just the start............. demand for their business model has been growing quarter over quarter and Lazard has the numbers to show it as well.

Can't believe this is only at $2 right now.

Should easily be over $50/sh


GO $TMNA

[DawgTrading]

They moving this up now.... .50 spread but at a cross.

Grabbed a few yesterday nothing much, but this was looking too good to at least get a starter position going. Should move once merger deal goes through.

This is either going to be insanely great, or Hong Kong, and Nigeria coming together for super scam LMAOOooo

[makinezmoney]

$TMNA: Maybe you are new to investing............


Its called bid whacking so you can trigger stop losses and shakeout hands and collect cheaper shares.

Its nothing new.

Thats what MM's do so they can kick you out.... if you let them.

It happened before on many other stocks.... it will happen again.

If you only you're wise enough to understand what the metrics of this ticker ahead
off its IPO.

And remember, they engaged Lazard Capital in this process as well.

You have a $900Milly Annual Revenue Generator here at only $1/sh with
NO STUPID priced in forward PE like all these high flyer mega caps that have
been cut down to their knees in the past few weeks because they can't deliver
on guidance and rev estimate targets that they put out there.

Mark my words............ we're going over $5 in July.

If you have shares now, you win............ otherwise you just sit there and wonder.
Opportunities always show up, question is are you wise enough to figure out
whats going and take advantage of the situation or not.

Just look at how stupid thin the ask is on the L2......... remember the hard run
on TZPC to $39 from $0.15 ????



Thats why they call me.............. MakinEZMoney !!!!!!!!!!!!!



GO $TMNA

[benyam]

maybe not dillition but something strange here suddenly terrible volume spikes down actually have been many days usually normal volume don t know

[makinezmoney]

$TMNA: $257Milly in Quarterly REVENUE !!!!!!!!!!!!


Almost a $1Billy Annual Rev Run rate for this.......... uplister this year !

This is a business that is GROWING huge.......... let them give us free shares.


They clearly have NO CLUE !



GO $TMNA

[makinezmoney]

$TMNA: Are you serious ???

That was only 47k shares.


Insiders are restricted from selling and locked up on their shares, not allowed to sell.

Smells like someone got a great opportunity to add more.

Smells like that someone loading was me.


These will be $10/sh in July

GO $TMNA

[MannyFresh]

not sure how much was sold but 42000 volume doesnt feel like dilution

[benyam]

feels like something wrong with tnma now ??? smells like a diluting

[MannyFresh]

same added 3000

[makinezmoney]

$TMNA: YESsssssssssssssss.... just loaded biig on that sweet dip


THANK YOU MARKET GODS !!!!!!!!


Whatta gift !


GO $TMNA

[benyam]

hopefully soon to nasdaq waiting long time mega company

[benyam]

hopefully soon to nasdaq waiting long time mega company

[makinezmoney]

$TMNA: MICT MarketCap right now is only $66Milly on Nasdaq

So with $TMNA getting 77.5% of "NEW" MICT shares, looks like $TMNA
should be worth $15sh minimum right now



Here is MICT's latest financial presentation...................


https://s26.q4cdn.com/933683909/files/doc_presentation/2021/11/MICT-Q3-21-Earnings-Presentation-PDF.pdf


GO $TMNA

[makinezmoney]

$TMNA: Nice Merger......... we get 77.5% of MICT shares

That should get us going here............

The Merger represents a substantial move by both Tingo and MICT to globalize their businesses and synergistically leverage their proprietary technologies to create best-in-class financial platforms, products and services. The combined technology stack of both Tingo and MICT is expected to create one of the world’s leading fully integrated fintech platforms offering combined financial services, payment services, a comprehensive marketplace and an e-wallet, integrating the successful wealth management, share trading, and insurance offering capabilities of MICT, with the fintech and one-stop-shop marketplace capabilities of the Tingo platform.

Based on recent SEC filings, the combined cash balances of Tingo and MICT are expected to total more than $200m, which together with combined strong balance sheets, leaves the merged group well positioned to take advantage of further growth opportunities and future potential strategic acquisitions.

Under the terms of the Merger, which has been approved by the Boards of Directors of Tingo and MICT, Tingo will merge into a newly-formed subsidiary of MICT, with the Tingo shareholders receiving new MICT common shares in an amount equal to approximately 77.5% in the combined company, and current MICT shareholders owning approximately 22.5% on a fully diluted basis following the closing, with a combined estimated group value of $4.09 billion.

[adijas]

TINGO and MICT Announce Execution of Definitive Merger Agreement

Merger Would Create an over $900 Million Annual Revenue and Highly Profitable Nasdaq-listed Fintech and Agri-Fintech Company Serving the African and Asian Markets

Combined Company Would Have a Portfolio of Best-in-Class Financial Platforms, Products and Services With a Global Expansion Strategy

NEW YORK, NY and MONTVALE, NJ, May 10, 2022 (GLOBE NEWSWIRE) -- Tingo, Inc. (OTC Markets: TMNA) (“Tingo”) and MICT, Inc. (NASDAQ: MICT) (“MICT”) announced that they have executed a definitive agreement to merge and consolidate their operations (the “Merger”) to create an over $900 million annual revenue and highly profitable Nasdaq-listed Fintech and Agri-Fintech company serving the African and Asian markets with a global expansion strategy.

The Merger represents a substantial move by both Tingo and MICT to globalize their businesses and synergistically leverage their proprietary technologies to create best-in-class financial platforms, products and services. The combined technology stack of both Tingo and MICT is expected to create one of the world’s leading fully integrated fintech platforms offering combined financial services, payment services, a comprehensive marketplace and an e-wallet, integrating the successful wealth management, share trading, and insurance offering capabilities of MICT, with the fintech and one-stop-shop marketplace capabilities of the Tingo platform.

Based on recent SEC filings, the combined cash balances of Tingo and MICT are expected to total more than $200m, which together with combined strong balance sheets, leaves the merged group well positioned to take advantage of further growth opportunities and future potential strategic acquisitions.

Under the terms of the Merger, which has been approved by the Boards of Directors of Tingo and MICT, Tingo will merge into a newly-formed subsidiary of MICT, with the Tingo shareholders receiving new MICT common shares in an amount equal to approximately 77.5% in the combined company, and current MICT shareholders owning approximately 22.5% on a fully diluted basis following the closing, with a combined estimated group value of $4.09 billion.

The transaction is expected to close by the end of the third quarter of 2022, subject to the satisfaction of regulatory authorities; closing conditions, including approval by both companies’ shareholders; and completion of due diligence by both companies.

As a result of the Merger, Dozy Mmobuosi will become Chief Executive Officer of MICT (which is expected to be renamed “Tingo Inc.”), and the executive officers of Tingo shall be appointed to similar positions within MICT. Darren Mercer, the current Chief Executive Officer of MICT, will become the Executive Vice Chairman and Pacific-Asia Chief Executive Officer.

Tingo is the leading Agri-Fintech platform on the African Continent offering a proprietary technology platform connecting rural farming communities. On a proforma basis, Tingo reported 2021 revenues and operating income for Tingo Mobile PLC, its wholly owned subsidiary of $865.9 million and $327.1 million, respectively, compared to 2020 revenues and operating income of $585.3 million and $201 million, respectively. Tingo also reported, on a proforma basis, sustained strong growth of 48% in year-on-year revenues and 63% growth in year-on-year operating income.

Tingo’s social upliftment- empowering Agri-Fintech marketplace platform, called NWASSA, - recorded significant growth of approximately 101%, from $98.6 million in 2020 to $198.6 million in 2021. Through NWASSA, Tingo aims to meaningfully improve food security across emerging markets and foster digital and financial inclusion.

NWASSA comprises several fintech solutions, including Tingo’s proprietary Agri-Fintech platform, access to airtime top-ups, mobile insurance, utility payments and brokerage on loans. Tingo believes that such growth is a demonstration of the value and impact that its Agri-Fintech services offer Tingo’s approximately 9.3 million existing customers. These customers have access to the NWASSA platform on the smartphones that they lease from Tingo over three years through the cooperative associations of which they are members. Based on the fees charged for the suite of Agri-Fintech services, Tingo estimates that Tingo Mobile processed more than $4 billion in customer transactions on its platform during 2021.

Dozy Mmobuosi, Tingo’s CEO commented: “We are truly excited to continue our journey as a Nasdaq-listed public company through this synergistic combination with MICT. We have driven significant growth in our revenue year over year from 2020 to 2021. This trend demonstrates the increased activity resulting from the adoption of the smartphone ‘device-as-a-service’ strategy we have implemented in recent years. The strategy of steadily growing the core customer base with the three-year leasing program of smartphones to an ever-expanding user base, and then incorporating essentially what is an “overlay” of Agri-Fintech platforms of our NWASSA solution and our TingoPay solution to this captive smartphone user base, has allowed us to become a Pan-African Leader with a SuperApp providing holistic financial services across the African Continent. This model provides us with incredibly low customer acquisition cost for the NWASSA platform.”

Mmobuosi added: “Importantly, we believe the merger with MICT will open many doors for us with our business, including through international expansion and broadening of our product range. The result of this will be greater opportunity for all our customers, both existing and new. We are extremely impressed by MICT’s operations in China, and we believe the potential is there for our platform and services to reach a huge available audience, including the estimated 200 to 400 million farming community customers across China. We believe this will be a significant area of potential growth with Darren Mercer leading our efforts there. Moreover, as a Nasdaq-listed company, we believe that new sources of capital for Tingo, together with our significant combined current cash balance, will enable us to continue investing in our range of product offerings, with the end result being further enhancement of the customer experience and, of course, new products and services.”

Darren Mercer, CEO of MICT, commented: “This transaction is transformative for MICT, and represents a significant building block in delivering on MICT’s core promise of offering innovative financial technology platforms to global fast-growing markets including Asian, and now Pan-African markets. We are excited to deliver the Agri-Fintech competencies of Tingo to the hundreds of millions of agricultural communities across China and to further its mission of achieving food security, to China and other geographical markets. The merger with Tingo adds a cutting-edge, strategic technology and business for MICT in pursuing its ambition to provide best-of-breed products as a one-stop-shop financial technology platform in fast growing overseas markets including China, Asia, and the African Continent.”

“MICT has already developed highly scalable and proprietary platforms for insurance products (B2B, B2B2C and B2C) and financial services products (B2C) the technology for which is highly adaptable for other applications and markets, continued Mr. Mercer. “Just within the first 12 months of trading, (calendar year 2021) MICT is expected to report that its B2B insurance platform registered more than 900,000 new customers, generating more than $54.0 million in revenue in only its first full operating year, with more than $9.0 million of gross profit. MICT also has successfully launched its first financial services product, the Magpie Invest app, and is set to roll this out internationally through a combination of direct-to-market launches and white-label partnerships. Through our merger with Tingo, we are very excited to have the opportunity to make our proven and established financial trading platforms available to the approximately 9.3 million users across the Tingo mobile user platform, exposing it to an enormous user base.”

Mr. Mercer further commented: “Under the impressive leadership of its founder and CEO, Dozy Mmobousi, Tingo has an incredible and highly profitable impact business, which we believe, with the technology, products and licences we bring, can accelerate its expansion, including into China and the wider Asia continent. Our strong balance sheet, with well over $90 million dollars of cash, combined with our NASDAQ listing and our ability to access the US capital markets, makes us well positioned to support Tingo’s rollout across the African continent, and onward into other parts of the world, including into China and the rest of Asia.”

Additional information regarding the Merger will be provided in Current Reports on Form 8-K to be filed with the SEC by each of Tingo and MICT.

[makinezmoney]

$TMNA: DPSI just uplisted from OTC to NYSE/AMEX

And the stock shot up from $5.20 to $14.80

So you understand now what is about to happen to $TMNA


The Uplisting is coming handled by Lazard Capital and its gonna be a SUPER big move.







GO $TMNA

[makinezmoney]

$TMNA: AUST IPO shot up to $28 today from $4

And do you see how lowwwwwwwwwwwwwwwwwwww TMNA is right now ???

If you don't believe this doesn't rip up over $30 on IPO day on the NYSE when
Lazard gets it all done, you have NOOooooooooooooo idea.

Now is the time to get in because all inisider shares are locked up and restricted.

They CAN'T SELL.

This thing will rip bigggggggggg time


$AUST just gives you a small flavor of that



GO $TMNA

[GS1]

$TMNA launching new website

https://tingogroup.com/

[makinezmoney]

$TMNA: TingoPAY connect is now available for DOWNLOAD

#Tbt to the press brief of the Tingo Super App.
We are so ready for this experience.#tingopay. pic.twitter.com/rOW8bnr3H5

— TheTingoGroup (@TheTingoGroup) April 28, 2022

GO $TMNA