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CA jails 40% overcrowded(?), Nigeria celebrating World Cup Ticket, and cashless planet is heading into Fintech! California Court modifications of existing sentences are entirely likely again, from the 40% jail overcrowding reported over summer. Lots of sentence modifications have happened in the past, and releases. Then "Cashless" even describes USA, with new Patent-Relevant FRB rules already announced for next year. And Nigeria will be in Russia for 2018 World Cup Soccer, also next year. Bets were already underway, over last weekend--everyone seeing UBA Emailmoni, of MECINCORP, at largest Nigerian betting site, Bet9ja, already! Integrating MECINCORP into pan-African banking is also now becoming in-place. That becomes the sixth largest economy in the world. Company has offices on three Continents, already in place.
https://www.completesportsnigeria.com/super-eagles-celebrate-russia-2018-ticket/
Nigeria in World Cup, with wins! MECINCORP 1800% increase of revenues happened over the course of weeks, now going into another three months! Nigeria v. Zambia was only last Saturday, where Nigeria became a World Cup Qualifier. It happens. Even MECINCORP, UBA Emailmoni, is advertised at Bet9ja daily, bank operations expanding daily, MECINCORP tech being integrated daily.
http://www.espnfc.com/blog/football-africa/80/post/3223865/who-were-nigerias-star-men-during-world-cup-qualifying
1800% Rev. Increase = Millions, every three months, increasing. See post 281994. They are recurring, going back many weeks.
No court award of shares to K.M. appears to be the company position in the matter of Maciora v. the stock transfer agent. There is a post 267032 which shows alleged text of a Company lawsuit filing. There allegedly exists an Agreed Judgment between K.M. and the transfer agent: Apparently nowhere reproduced(?). The Company issuing the shares, MYEC, was not at all involved as a party in the suit, or in the Agreed Judgment. The two parties in the Agreed Judgment were not empowered to authorize any shares.
There was no apparent effort by the transfer agent to assess whether or not the shares in fact had ever been authorized, in any time-frame. There is alleged to have been a Company statement, not considered. Company alleges that only a contingency spread sheet of some kind, had been prepared. There was no further Company approval or action taken. Anyone familiar with business practice knows that spread sheets happen, are generally revised, and often discarded. That happens in all kinds if business operations settings.
There is no basis even to infer any authorized shares, given the apparent evidence alleged.
Probably more compelling is the problem of who finally paid the $513.00 in court costs at Collin County, Texas(?)! That is where plaintiff has sued, probably near the transfer agent. No IHUB record shows this salient information: About the %513.001 Court Records show that K Maciora paid them. . .or could be said to mainly allege that K Maciora paid them(?).
VOP Modifications likely under way at last.
Nigeria in World Cup! $1.0 mil Naira to start! Anyone notices that the events of the week are trending upside, for cashless, e-transactions, more self-reliant Nigeria.
https://www.completesportsnigeria.com/nigeria-1-0-zambia-abdullahi-wins-man-match%E2%80%8E-award/
Pink Current doesn't require audited financials, but financials do need an accompanying letter from an OTC qualified attorney. Up-listing requires the audited financials. MYEC has met the penny per share requirement in the previous up-listing to OTCQB, and the audited financials requirement.
MYEC has been current & OTCQB in the recent past. The SEC itself is not involved, per SEC(?).
https://www.sec.gov/fast-answers/answerslistinghtm.html
OTC Current now more Likely per Facebook.
FB posts SEC Supported, not reported to SEC, in any order. April 2, 2013 SEC is linked. The use of social media is becoming common.
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https://www.sec.gov/news/press-release/2013-2013-51htm
Weekly FB posts are entirely relevant. They are SEC reported. Other companies use social media, if not on the regular basis on the record at MECINCORP Facebook page. There is nothing speculative about their weekly existence. They are posted. There is no imminent showing that the capability has not existed, week after week.
Company intends multi-year operations, shown in the patent reinstatement and the weekly revenues increases since start of summer. "Insolvency" clearly cannot be used in any lawful context, regarding company. That has been Company Intended, now shown, going back several years. Any contrary inference alleged is likely in fact a conspiracy--maybe to collect $300.00 per hour, using California courts to defraud both jurors and investors alike(?).
Patent reinstatement Global News Worldwide. The US patent fees for the US patent are paid for the term.
CA Old News: Modification & Appeal Allowed: The jails are way too overcrowded.
Fins now likely need "Subsequent Events" sections that are material and significant, going back several months.
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Events that effect the financial statements at the date of the balance sheet might reveal an unknown condition or provide additional information regarding estimates or judgments. These events must be reported by adjusting the financial statements to recognize the new evidence. Events that relate to conditions that did not exist on the balance sheet date but arose subsequent to that date do not require an adjustment to the financial statements. The effect of the event on the future period, however, may be of such importance that it should be disclosed in a footnote or elsewhere.
Company insolvency not near, even. This week is showing legal matters under control, and OTC compliance near. This week is showing continuing increase of revenues. Even Operational Profitability mainly likely requires only an accounting agreement on a timeline.
Shareholder Value Week It Is! Patent fees are paid for 11.5 years, and reinstatement is granted.
--5% increase in weekly revenues again, and next weekend is Nigeria v. Zambia: Even at Bet9ja.
--Attorneys are taking MECINCORP cases, reported on Facebook and in docu-filing posts of other posters.
a. Where Company is a co-defendant, there are answers filed.
b. Where Company is pursuing retirement of shares, there is a legal team reported.
--Google Play shows UBA Emailmoni app alone: At 10,000 to 50,000 installs.
--The Nigerian Central Bank is shown to be promoting e-transactions.
--There was likely progress achieved at the Lagos Confab.
--The accountants likely have writer's cramp, to be addressed in days(?).
And so there is other gauche(?).
UBA's membership in Confab Organization is actually noted with their logo. MECINCORP is at least not doing Gauche 2, upstaging the client.
Facebook post 1 hr. old. Lagos maybe is where everyone really did show up(?). "Operational Profit," is maybe now differently time-lined.
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Growth from international operations last week was about 5% again.
We will be gaining some traction in our case against Seven Mile Securities et al, (275M shares) in the next few weeks as our new legal team on the case seeks to wrap it up.
Ill update on the status of the OTC filings within the next days after I discuss with our accountant.
The STOP sign is gauche, at best(?). It is noted that others have used other concepts, and names. The Company website seems to be working. Other company analysts will be working, too!
Lots & Lots of Fins Interest Likely!
Cashless Nigeria, Confab yesterday(?), explains it at the website. Centric Gateway at least was likely at the Conference. See the various speakers, and with UBA Bank putting in place the local infra-structure, MECINCORP assisted. Lots of leads. Lots networking. Lots of English-Language(?), if maybe English, English(?). Probably lots of jealousy included(?)! Other good news for Nigeria is the spike in Oil Prices. Lots to discuss(?).
Country may be out of Recession already.
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http://newagebankingsummit.com/nigeria/
Cash reliant Nigeria, more e-reliant now. MECINCORP client, UBA bank, creates new customers at about 20% or more per year. The Central Bank is actually attempting a cash-less policy, nation-wide. Paper in Nigeria has problems.
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Electronic payment is a relatively new phenomenon in Nigeria. Most transactions in the country are done with cash. This is because cash remains the preferred medium for payment in the country. Poor awareness of e-payment solutions, ignorance, poor banking culture, lack of trust, illiteracy and the love for the status quo have been fingered as responsible for the high volume of cash transactions in Nigeria. . . .
Cheques for many years have been the only option to cash in the economy. However cheques have not been acceptable to merchants because of corruption and the resultant mistrust that it creates. Incidence of bounce cheques was very high making merchants cautious in accepting cheques. This was also because of a lack of an electronic means of verifying valid cheques. Part of the problem was also the poor interconnection of banks and a lack of an electronic cheque clearing system.
African UBA uses MEC, not US Check 21: Why the African Success is worth the publicity. UBA Emailmoni is featured at Nigerian betting site, Bet9ja, for example. Even PayPal is not featured at Nigerian betting site, Bet9ja. 60 mil. nation-wide bets per day in Nigeria are partially enabled with UBA Emailmoni. Millions have likely already noticed. Nigeria v. Zambia, the potential Nigerian ticket into World Cup Soccer, is October 7, for example.
UBA, the bank, itself is rapidly expanding--millions of new customers per year. MECINCORP is a part of that.
Award-Winning tech & Success in Africa: Is in fact a likely reason for CEO inventor, Centric Gateway subsidiary, and any developers in attendance; Ready to showcase progress to potential investors! Many would be expected to want to review the Financials, in fact--soon to be filed at SEC, even. Banking investors tend to be compliance-addicted, even regarding Credit Reporting(?)!
CEO w/patent may be at Lagos Confab, today, tomorrow and Friday. There is a Centric Gateway office in Lagos, and an important client! It's a Fintech event, and patent-in-hand is already an award-winner.
Filings Only needed to get back to Pink Current, apparently. At OTC there appears this information:
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How to Remove the Stop Sign
A company may provide disclosure through a selected U.S. regulatory agency (such as the SEC or a Banking regulator), a qualified foreign stock exchange, or through the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to the Pink Basic Disclosure
"Patented Case" 7389913, at PAIR section of USPTO. Likely new "Subsequent Developments" sections in process in "The Filings," reports. PR monster in process(?). (Some assembly required, batteries not included.)
https://portal.uspto.gov/pair/PublicPair
9/6 USPTO Form Noted, Required likely in reinstatement process.
see post 281609 below, like everyone else. DJIA went down today, anyone saw, and know the kinds of companies those are.
2017, 9 months behind, but exploding like had been expected, and maybe more, already.
Linked January 1, 2017: Happening!
http://mecstock.blogspot.com/2017/01/2017-myec-predictions.html
October is likely, "Soon(?)!"
Pps 0.003 8/28 will be +42% again. That would even tend to mirror some of the international reports of September. Even that is mostly only since June and July.
Filings, News, and PR's are needed. Anyone recalls that even a bear. . .in the forest may not be happening: If there is no one with a device to Tweet all about it(?).
10,000-50,000 installs public info at Google Play, including evidence of use, (a uyper-comment) a5 Bet9ja site. UBA Emailmoni is prominently displayed there, in the deposits section. Installs do not count the number of devices--needing top-offs--being used.
SEC approved Facebook communication otherwise supports integration of MECINCORP tech in other bank transaction operations.
USPTO Sept 6 Form is Public. That is an address change form, evidence that company is being responsive to the reinstatement process.
Old posts 281510 & 281562 show patent update and twice audited 2015 financials basis for up-build going forward, already. Public information is available, already. More is on the way.
Revs may be supporting ops, but not annually, so far. There is the new corroboration data of the mobile app at Google Play. Nine months later already saw the ops costs since January, but revenues saw only increase since July, and then the September spike, yet to see any October spike. Nigeria may get a World Cup Ticket, and Bet9ja is UBA Emailmoni supportive. Subsequent the September national Soccer event, Google Play installs are now 10,000 to 50,000. More are likely in October. A 97% attrition rate likely applies. More than one device is likely connected, per install. Revenue is in process. Mostly, lately, it does not come from the increase of the app installs, but from MECINCORP technology integrated all over UBA operations.
SEC Filings universally Edgar Public Information, including tax information reported therein. Audited, (twice), 2015 Financials are available for the Ed Starrs company, subject of the message board. Information about the next six quarters will be public, also: In the filings already discussed at Facebook, and here on IHUB.
See post 281563, "New Operation," in place--not old website. The mobile app technology is entirely different for any company, with a website. The germane, Nigerians even need the top-off transactions, to access the new technology. United Bank for Africa has lots of uses for the MECINCORP technology, in UBA operations all-over.