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Award winning MEC funding is worldwide noted, just last December, in the UBA case. UBA Emailmoni and other apps are visible at Google Play to day. Banking apps have 97% retention, even in the United States. Transactions revenue happens 24/7. FB page posted increases were shown last year.
Maybe a PR Near(?)! Emailmoni, 1/17, seems to coincide with the new "LEO" artificial intelligence at UBA. The FB post alludes to some new marketing phase. 1/17 started "Chat banking."
The new emailmoni version creates access to a betting site, apparently with a temporary state gaming license, only since end of last year. There are also more languages. Naijawin247 is probably nowhere near the volume of Bet9ja, which is already emailmoni connected, and UBA connected. Estimates are that 60 mil. bets are placed daily in Nigeria. The new betting site has a FB page with 100 followers(?).
So whatever is in the "New Phase" is probably only basically sufficient to create the golden, "positive cash flow basis," easily prompting a dimes level pps.
African initiative is expanding, planned. Corroboration of specific advances to date is verifiable. The basis is pan-African going forward, relatively immediately. There is international recognition in award announcement, even.
African initiative is investor respected, for another example.
A business plan is investor respected, for example.
See post 287152! Reports are good and bad--black and white and read all over--at least at a Facebook page(?).
Business first, then report of promise delivered. In the matter of MEC, that would be the UBA promise, launch, and exponential revenue increases.
Uploaded fins have happened before. Current legal reviews are apparently completed and under control. Lawsuit progress has been shown and reported. The FB limitations are noted--not a lot of dissemination to the public at-large. The limitations of current fins is noted, needing a more credible basis of new financing.
All the recent business promises made have been kept, soon to be reported. Even others are having a bind with recent cannabis industry promises, it is noted--entire municipalities, for example--not just a few dozens of shareholders.
Evidence of MEC legal counsel is abundant: Supportive of FB revenue posts.
4000% of $100 USD per day, per FB, would support the concept of cash-flow positive. If June even happened last year(?), maybe at $100 USD revenue per day: That may have been a start. The client had been on board for only about 7 months. The FB revenue increase percentages were exceeding 4000% within five months after June.
The first client customer base is approaching 15 mil. So a plausible computing is presented.
(1) The client World-rated award noted the MEC technology, only two months ago.
(2) So just starting out, 2018, there is easily $1.5 mil. USD, just annual revenue, starting.
(3)The push for customer service, at the first client, keeps the client in line with Nigerian cashless policy.
(4)There is the artificial intelligence, "LEO," now directing bank customers, likely including in the use of the tech. That was just last month.
(5) Los Angeles has the world's worst traffic--and drive-through banking(?)
(6) Nigeria has a different type of banking, now promoting the concept of "commercial transactions," cashless and verifiable.
Corroborating data supports all reports.
Nigerians use apps or cash, not checks. The national policy supports the use of the apps. Merchants tend not to accept the world-famous checks(?).
One corroboration of the new commerce is the annual doubling of Nigerian car registrations--according to recent US Policy assessment(?): Likely parked near the huts(?). A famous museum even offered to loan the White House a solid gold toilet--possibly noting the recent assessment(?).
Payment apps actually got their start worldwide in Kenya. The King of Jordan has recently noted the African economic progress, compared to the Mideast, only recently.
One download can be many devices, per Google Play. Banking apps tend to a 97% retention rate, even in the United States. In denial about the betting sites, the multiple pan-African nations wherein UBA Bank operates, the international mention in the award announcements--worldwide. There is more than one banking app using the Company technology, even! People who have no money probably do not use their apps(?)!
Itnl award recognition 2 mos ago, even: Is substantial corroboration of Company announcements regarding current and pending events. Company app on google play is in the 50,000 downloads category is more corroboration. Company app on UBA Bank Internet Banking, at 100,000 plus downloads range: Is more corroboration. Company app on Bet9ja, state-controlled betting site: Is even more corroboration. 60 mil. people are alleged to bet every day in Nigeria. Probably some even bet just over last weekend(?)! Some might allege that positive cash flow has happened already--reliant on the per-transaction revenue.
"Operating Cash Flow Positive. . ." is evidence of revenue going back to June of last year, Facebook posted. The corroboration is near. It is further noted that other international clients, and maybe US clients, may be happening. The Company tanked originally, reliant on just one client. (Not where I work, would we do that!).
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"It appears that once they go live with the next phase (any day) we will be operating cash flow positive."
Africa inclusion is 1.2 bil. people. China inclusion, also UBA interested, is 1.4 bil. people. An "Only Peoria" kind of mind-set is probably irrelevant to MECINCORP.
Company has 24/7 pan-African revenue, prevailing as defendant in apparently basis-free lawsuits. There is immediately verifiable internet corroboration available: Of clients, technology, and usage. Many posters in the past have apparently been more supportive of the basis-free lawsuits. Many seem to have vanished. A venture into cannabis market financing was apparently too soon to be able to happen.
Edgar maybe taking a week or more.
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How long will it take to EDGARize a document?
As an approximation of the time required use a conversion rate of 15 pages per hour. For example, a Form 10-Q consisting of approximately 25 pages will take anywhere from 2-3 hours to prepare in an acceptable format.
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Legal review(s)(& Revision(s)(?)) were likely last month, maybe getting "Edgar-ized" already.
Comments appear at FB page, for example(?). People are showing off, already!
Reviewing financials is a process. "Lying" is what the Fed board of governors does for work: In the event you missed the interest rate increase, yesterday. . .or didn't. . .or something. . .or(?)! An expectation gets announced. That is an improvement over a year ago. . .or(?)!
4000% Rev Increase, Q317 FB Financials, may have been a Company preface to the UBA marketing push that mostly got under way January 12, 2018. The weekend IHUB posts created a history of what UBA was expecting, and with basis in MEC-tech, including Emailmoni. Lots of expectations for the Q3 timeline of MEC events are likely now actually Q118 events.
UBA Chat notes apps and providers in the privacy policy, inclusive.
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"Find Accounts on Device: The app will access accounts known by your device. This may include accounts created by applications you may have installed. . . ."
"Service Providers: We engage service providers to perform functions and provide services to us. We may share some of your personal information with such service providers subject to obligations consistent with this Privacy Policy and any other appropriate confidentiality and security measures, and on the condition that the third parties use your private personal data only on our behalf and pursuant to our instructions."
MEC-Tech is transactions. Marketeer & Customer Service brings in the increase of those, on which MEC, the UBA licensee, and the African national economies can now rely.
UBA Apps & LEO access Emailmoni: Shown in the UBA Internet Banking app, especially. LEO is a high-tech facilitator. "IT" probably does nothing more than access the widening range of UBA banking technologies--all attempting to avoid brick & mortar branch banking. UBA only has a few hundred Nigerian branches. US Banks have thousands and thousands of branches, ATMs and on and on: For almost the same-sized population. Cars are everywhere in USA. Car registrations now double every year in Nigeria, only in the last four years or so. The posts about LEO are likely posts about MECINCORP technology. IHUB posters have known about the Emailmoni privacy policy in the major accessed Internet Banking for example.
And back to the cars. The electronic processing allows transactions to happen, wherein famously bogus Nigerian checks are not accepted. The new Emailmoni opens a door, in a manner of speaking, to where you then access your personal accounts at an electronic teller cage. LEO likely helps direct the customers to the various teller cage services.
https://www.ubagroup.com/countries/ng/personalbanking/eproducts/udir
UBA (with LEO(?)) was at Davos. LEO is an artificial intelligence that can be used in CHAT. Lots of attention can be paid to MYEC stock, once it is no longer STOP sign bound. UBA is a licensee through MEC Nigeria, implementing Emailmoni, and other Company technology. The announcements are credible, but from where?
LEO started Jan 12, 2018. The announcement is from then, so you are showing what UBA is putting out.
UBA LEO is new(?). Is This UBA PR? It is clearly compelling, and so now I myself can conclude that "The Group" is probably said UBA. There appears no UBA IR press release, so far(?).
Google Play shows commerce in Nigeria, clearly underway! The promise of tech for Nigeria is happening at UBA, through MEC technology.
1/17/2018 "Best App" Review, Google Play, looks up and running to anyone credible. The only problems seem to be needing more access to betting sites.
MEC Tech, life-changing Nigeria, open and running despite US federal government shutdown.
EDGAR filings usually unaffected, in past shutdowns.
In Standard Chinese, "I think, therefore I am," is world famous(?), even officially: In some places(?).
MEC SEC Compliance good news for Nigeria! Commercial Transactions will be more likely when processing capability gains its own widespread notoriety. Notoriety cleanly earned can be created. In Nigeria, that means that betting sites do help in Nigeria! The government anti-corruption campaign can proceed the more quickly, with the ability to instantly process payments and transactions!
Compliance on track, per FB today.
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"I think we are still on track to get our filings current with UTC before the end of this month"
USFRB may regard corrupt non-compliance a basis for disqualification, or any certification, of MECINCORP technology. That may only be a few months away. (US Federal Reserve Bank, new stuff happening in summer.)
UBA could itself shame or release MEC, since MEC won't showcase its own new-tech on the wire services. MEC has filings to do, each a showcase of Nigerian progress, including in anti-corruption. The Nigerian government clearly needs the publicity of the new-tech financial capabilities, worldwide. The new processing capabilities may be worldwide, but the publicity is not. "Nigerian Commerce" has elsewhere been disparaged, and that apparently, worldwide. UBA needs itself to crawl off of the bottom of the bird cage(?). Counter-Productivity happens, and has happened.
They're Late! They're Late! For a Very Important Date! Does anyone seem to notice this anymore(?)!
Maybe Company is reminding itself(?)!
Company seems to read its FB posts(?)! There are some. Apparently no one else does(?)! It may have been noted that "Current" status is due: Regarding all the late filings(?). Maybe news events on wire services are scheduled, even now.