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Betting Sites Maybe Setting Odds, Even(?). 15 mil. more Nigerians, not just the 8 mil. in State of Lagos, paying the different tax bills: If that is how it's done.
Fully Reporting in 2015, rules known. 2015 didn't help much, but as of last week there is clearly a compare and contrast: Then with now. Additionally, there is an SEC Delinquent Filers program such that people can discuss things. Then below, there is an old article in the 2015 time-frame in the link. The African phenomenon--noted in just the last few days especially--was not well understood, reported in the article. With revenue and possibly even investors: The prospects going forward are different from the crash.
http://www.thehotpennystocks.com/articles/myecheck-inc-otcmktsmyec-moves-to-the-otcqb-market-crashes/
Easily UBA & Lagos want STOP removed, and on behalf of Nigerian investors, even(?)!
LIRS, lasg-ebs-rcm.com, elsewhere noted. The Governor paid taxes a different bank from UBA, and that bank is mainly claiming their own partnership, for cashless payments. Nigerianfinder.com provides the more official announcement. Lagosians go to Lagos IRS or go to the website, lasg-ebs-rcm.com to register and make the payments.
In State of Lagos, there are 21 participating banks, and the online UBA Emailmoni: Showcased all by itself. It is down toward the middle of the link. This is in addition to the 400,000 Bet9ja daily visitors. There are two other betting sites. Then UBA Emailmoni itself can be shown to be at about the top 20% of the 3.5 mil. Google Play apps, counted at some point. Virtually everyone who has it uses it, maybe 5 or six pages each time. Banking apps are like that in the USA itself, and probably in Kenya--where payment apps got their start.
https://nigerianfinder.com/the-lagos-state-internal-revenue-service-all-you-need-to-know/
2.0 mil. Nigerians buy 1000 shares each: Number of shares makes sense and happy Nigerians--and 100 or so US Nationals, maybe, too(?)! Nigeria is advancing to Canadian Purchasing Power Parity levels, with basis in transactions--revenue source for MECINCORP.
Nigerian population is nearly 200 mil.
Now Nigerian millions calling UBA(?), wondering about the STOP sign. UBA House is in Lagos, even! The State of Lagos approves it. Central Government Betting regulations approve it. Is this business as usual(?), (For Nigerian checks), or what!?!
MEC OK per SEC rule Exemptions. The apparent advantages, however, of the "Pink" status--for Nigerian investors--are clearly mitigated by the "STOP" sign. The criminal disservice is to the customers and users of the Nigerian entities--who may want a viable alternative to the betting sites(?)
The rule exemptions have been noted in posts in other months and weeks gone by, and by others, too.
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https://www.sec.gov/smallbusiness/goingpublic/suspendingreporting
"Pink" still loses to regulated betting, even for Nigerians, even using the UBA Emailmoni for all the sites that accept it, in recent days. The STOP sign is not the usual mystery they may want.
State of Lagos OK with UBA Emailmoni--(revenue)! The Omni-channel capability is found hyper-useful in an entire nation-state! It works at central government regulated betting sites.
SEC OK with OTC trading--Corroboration.
SEC is Gov. OTC is a Market w/rules. The rules for the market tiers, created in the OTC rules, are shown in post 287820. A corroboration is shown below. "OTC has established. . . ." NASDAQ is not a government agency. NYSE is not a government agency. OTC is not a government agency. OTC creates its reporting rules and forms.
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OTC Markets has established specific disclosure requirements for the Pink Current Information tier and requires that issuers use forms created by them to provide much of the required disclosure.
OTC Current, per tiers, are SEC reporting. There would otherwise be no reporting from them at all. 10K's are not required for pinks, is all. So becoming pink current requires 10q's, unaudited and reported. Those are from SEC reporting companies.
See Post 287820. Tiers matter!
"Current" Pinks Do 10q, not 10k: Per OTC.
Edgar 10-Q is for unaudited filings.
"Pink. . .do not require audits" quoted.
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Public companies quoted on the OTC Markets OTCQX and OTCQB marketplaces require financials audited by a PCAOB auditor. Those securities quoted on the OTC Markets Pink Sheet market tier do not required audits, though many Pink Sheets do have audited financials.
Unaudited included for Pink Current: Respecting filing financials. Removing the STOP requires Edgar SEC filings of the unaudited filings, to current. Weeks ago, MECINCORP noted it would do the STOP sign removal, unaudited financials first, then do the Audited financials--and the thirty days price-per-share requirement--after that. The rules that were noted are preceded with PINK as the referenced rules: In Giant Pink letters. PINK CURRENT includes unaudited financials.
OTC Pinks get pink filings current, to remove the STOP. Many OTC Pinks are less than credible--maybe 9,500, plus or minus(?). The MECINCORP accountant seems to want the judges in the various cases to have that opinion of MECINCORP, and with apparent support of all MECINCORP counsel(?).
And so people notice that African client marketing is not entirely fast-paced. All the MECINCORP professionals have basis in being thought wanting a hyper-low opinion of MECINCORP, and worldwide. Many might say they have succeeded.
Scam there can be alleged(?). Corroboration is apparently alleged by MECINCORP CEO, who complains about the African client marketing. He posts naughty things about former employees, even.
Unaudited 1st, Audited for OTCQB. There is also a price per share requirement for OTCQB, not required now. Making things up doesn't make them so. Even OTC follows that along.
There are no filings since 2017, as of today. 2017 was two days after The Confidential Treatment order, which counsel will likely use in the proceedings for the protective order against the Maciora fishing expedition. The Orange County case plaintiff(s) are looking for data on property possibly sold, in that fishing expedition: Having yet to establish that they even have a basis to create the petition for an attachment in the first place(?).
If the accountant is to be understood at all: MECINCORP doesn't itself exist, has no contracts, no revenue, no expenses--and certainly no tangible assets(?).
CEO has FB posted the SEC filing order. That is about SEC required Financials and legal documents apparently now in possession of the accountant. Then the filing is required. Those have to be filed via Edgar. Is accountant in some nature of default on this? Possibly someone has information about that?
Low bounce rate validates FB rev increases, used by posters to create possible revenue estimates. People tend to keep bank apps. In Nigeria, people are shown to use Emailmoni. Page view/uses happen, which is what the low bounce rate is about. Emailmoni is in the top 20% of the 3.5 mil. Google Play Store apps, at a ranking in the 700,000 range. It seems to have a credible use rate, likely, even in comparison.
Bet9ja @ 395,300 visitors/day, @ 5 page views/day. February aside(?), then anyone sees the Emailmoni advertising saturation--just at one webiste. "February" may explain why it's happening this month(?). "January" may have had no comment--some summer calendar scheme. Some US posters likely don't even know it's summer(?).
--The apparent reason that UBA Emailmoni is at the Lagos State Tax site is that Emailmoni is Omni-Channel. It connects to any bank. The State of Lagos then advertises, payments at any bank.
--UBA gets a boost from its vendor.
--UBA gets its own apps advertised, including using Emailmoni, and which can be on multiple devices per.
--Vendor gets upwards of 8 mil. transactions per month.
--Then other bettors also use Emailmoni, which more and more Nigerians then know about.
--Then there are other banks, likely interested.
Vendor, (MECINCOR), clearly needs to get the STOP sign removed, in support of its own technology. The deal made is multi-national advanced.
Nigeria is now finding Emailmoni all over. Even US investors have never heard of MECINCORP. Nigerian Purchasing Power Parity is close to Canadian. More people in the USA, however, have probably heard of Canada as opposed to Nigeria. Nigeria is a kind of long drive, away(?).
Fins now a marketing need. Reg'd sites advertising Emailmoni, now even fairly completely, will have more people looking around. There are the regulated betting sites, the CBN UBA sites, and the Lagos state site already. Complaining of a slow start, with client one, may now have a contributing reason noted, and just in the last two weeks. Lots of advertising has happened in a matter of days.
STOP removal requires Edgar filings, likely the named, "Brit." Legal papers were being sent at last report. So any status is less reliant on CEO than on Edgar up-loader. The signatures required of CEO were likely done last month(?).
Taxes paid means no fraud intended. There are many deed record types, and many ways of reporting and not reporting. If the taxes are paid, that leads to a conclusion that no concealment was intended. Property uses could have ranged from housing equipment to growing a stash to back Greenpay, or finance it. Now of the 2.5 tril. or more potential documents, others appear to be referenced.
County recorders do not verify docs. County recorders are not even responsible for verifying the validity or authenticity of the document that is recorded. They look at forms, usually notarized, able to be reproduced and so on. You can even guess that money and fees are involved. They seem to be taken willingly, ably, and charitably, (in the tax revenue context). There are 2.5 tril. pdf documents alone, to verify--as of early 2015. No doubt there are even lawyers with knowledge of various documents created and filed.
Money Nigeria has, World #22 PPP(?). "Purchasing Power Parity" is the capability of doing transactions, the MECINCORP revenue source. In "Purchasing Power Parity," China is #1, USA #2, Canada #17, and Nigeria about #22. That is out of 190 planet economies. The PPP has basis in what people can buy--doing transactions. The MECINCORP technology is uniquely suited to the Nigerian transactions capability, famously now becoming MECINCORP electronic, not using cash.
Anyone can count and read at the same time: "Asians seem to be really cool(?)." Stuff: They can buy. In the USA, mainly Bill Gates gives the stuff away--either that, or he really eats a lot(?)! Efficient allocations of resources can be like that(?).
Lagos cashless policy on Twitter/Youtube! The statements are general, but the use of "Payment channels" is becoming more officially, widespread announced. That becomes, "Word of Mouth," even more precious than 2.5 tril. documents, sent to a court of law(?). In America, even "Make-Work" is different, now(?). This below appears at a Youtube announcement, to compare and contrast:
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Published on Feb 22, 2018
Tax payers are to remit taxes to the bank or make use of any of the several payment channels made available by the Lagos State Government. There will be no more cash transactions between taxpayers and MDAs.
Inc in dba OK if not misleading. An INC or LLC is allowed to identify itself, if it is. Fishing for documents, comparing, is better thought make-work if the respondent has noted no such documents. There are easily more than 2.5 documents to look through.
2.5 tril. docs is still a lot of records(?). The case against MECINCORP looks blatantly like a fishing expedition. Counsel knows(?) what the one fellow claims to know nothing about(?). My own recollection is that in the past, Opposing counsel got their stuff from IHUB posts. Likely the judge has been so apprised, if it was put into discovery, especially. All he had to do was look and see(?), and maybe did(?).
When it does come to any actual fishing: Likely there are entire schools, maybe pods--not to mention whatever fish do in water(?). Likely there are substantial and related materials, just bearing on any alleged showcase documents. MECINCORP is shown to have counsel, anyone should notice.
OC case counsel asked for a lien, denied(?)! Seems that the counsel has yet to establish even reasonable liability--after all the billable hours. So then further, likely MECINCORP counsel knows more about the items, subject of the attempted lien, than do IHUB posters.
A universe of documents is evidence more complete. In any instant matter of a single document, it would be a set of corollary documents. Concepts of "Conveyance," Transfer," "Transport," "Transference," "Temporary," "Title," "Interim, "Last Will and Testament" "Lottery," "Held," "Convenience," and more can be included as document explanations. Regardless of the existence of an item, The full import, or meaning, of it: Requires a lot of background investigation by skilled people doing the search. There may be entire dossiers about it.
Documents are modified by reference, and by revision, other records, and can be forgeries, even filed. The famous Steele Document of recent GOP House Intel reports was "recorded" itself, and then subject to possible revisions, interpretations, Cherry-Picking," and even of GOP And DNC separate funding episodes: That in its manufacture. "Industrial Espionage" it was never called, but likely fits into that category.
New MEC Exec, F. Bueller, per FB(?)!
2.5 tril doc citations to review(?)! The documents can be bogus, and any modifications immediately not discovered. References to the documents, or proceedings regarding said documents, have nothing to do with the physical documents themselves. Those are yet different documents, likely "Hiding or filed in an Undisclosed Location," anymore.
There are posted documents dated 2014, even--not immediately relevant to any pertinent events in the last ten minutes, for example.
Document changes(?)! 2.5 tril. pdf documents had been created by start of 2015. Taking a sample of one, two, three or ten or twenty or so documents or records does not account for any possible numbers of their modifications: In their universe of trillions of documents.
There would be said a lot to look through, for possible changes, errors, modifications, other proceedings relating to them, and so on.
Post 287638 has audits correct. Nothing not regular was reported out of the audit of the MEC auditors report. Likely there would otherwise have been an appeal, or even a favorable ruling, instead of the finding of no-standing. If there is paper in various recording offices: Then the money spent on the audit of the auditor's report is basis for filing current financials.
It should be noted that Nigeria uses Naira for currency. "Cashless" means no further trainloads of paper to buy things, and no launderers: And the obvious decimation of a lot of Nigerian royal families, wherever they are(?)! MECINCORP tech is relatively inexpensive. Transaction royalties are per transaction: Not diamond-studded carats in value. Money does have to be spent with some likely favorable outcome. Financials are a basis for accommodating likely expanding demand for the product. There is lots of favorable news, likely known in Africa.
Accounting rules are specialized. Some are even called, "Special Purpose Entity" rules, or some such concept--which makes the lawyers, accountants, SEC, FRB, IRS, (AMA, NBC, ABC, and maybe CBS): All regard special reporting. Hollywood accounting, for example, is especially legendary(?)! Doctors paying accountants are likely at least legendary amongst themselves(?).
lasg-ebs-rcm.com site live chat on! Officially, anyone can also walk into any bank and pay taxes. If the banks are using UBA Emailmoni, per the website, more widespread Emailmoni acceptance will likely follow. The betting sites have street vendors likely making people familiar with UBA Emailmoni, too.