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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.
Priori Data shows 10,000+ since May, an analytics source, just for the UBA Emailmoni android version. That would be 15,000 installs or more, just of the android version. No one publishes the Apple version. So there may be 30,000 to 50,000 devices, likely each device needing four top-offs per month. Each top-off is one transaction, and that is likely less than 10% of all transactions--per summer reporting.
Mostly, R&D is more likely now more fully engaged since MECINCORP is integrating more of the technology at United Bank for Africa, even now.
UBA Emailmoni 10,000+ at Google Play! The 10,000-50,000 installs are shown at Google Play, just in time for the new wave of financials. Links to old financials are previously posted, and publically available. They will further be shown at the posting site with the new wave financials, likely within days.
https://play.google.com/store/apps/details?id=com.seergate.emailmonimobile&hl=en
"Operational profit" needs time-frame. The audited 2015 Financials showed salaries and Research & Development alone at about $1.0 mil. Maybe that is being covered now, if it is that much: $20,000 per week.
Regardless, the big revenue push is only a few weeks on-going. Likely there were expenses all-year long. It is also not clear if only "International Operations" are being discussed at the recent Facebook posts. "Research and Development," for example: May be primarily the UBA systems integration underway. That is now primary focus in "International Operations."
Financials, too: Are Underway. They where in the 2015 audited Financials, also.
Revenue increase weekly indefinitely expected. Since the 60 mil. daily bettors in Nigeria see UBA Emailmoni alone, at Bet9ja; and since the expansion is into the rest of UBA; and since the expansion will go into more African nations; and since economic expansion will be enabled all over the Continent: Then resolve has happened(?).
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"(Revenue)Trend will continue upward indefinitely as we add new channels and countries."
Company caught up with IRS and Patent reinstatement, using routine overnight and other procedures: All likely. Accounting likely paid and all caught up also likely. Legal fees now likely caught up, also likely. Credit payments now restored, also likely. Public compliance is now imminent and likely. End of week has happened. New revenues have likely happened.
A patent attorney POB, maybe good news(?). Money seems to be coming in now, for catching up on matters like patent, IRS, SEC, OTC, and so on. People go to war for this, everyone knows, calling it "Freedom(?)!" Idiots once dumped tea in Boston Harbor, comparing: At some nature of costume event(?).
60 mil. traffic Bet9ja, 1.0 mil. devices or more access UBA Internet Banking. The have in common UBA Emailmoni, daily, easily noted, softly, like in viable commercial banking. It could be said solid, and so not garish and glitzy.
UBA Emailmoni is a mobile app, not a website. The upgrades since the Seergate website are reported at Google Play, not at Cutestat. The installs of the mobile app are reported at Google Play, not at Cutestat. Mobile apps are way more common in Nigeria, and likely all of Africa. Mobile apps are commonly regarded "New Operations," and UBA Emailmoni is clearly one of those.
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The number of mobile users today is greater than the number of desktop users!
Consequently, businesses have realized the need to effectively use mobile channels for attracting customers. They have started new operations through mobile apps
UBA Emailmoni is not Seergate Emailmoni, which is shown at Cutestat, like is posted. The big give-away is, "the website. . . ." "SAFE" it is, to browse. Type in emailmoni for the look-up at Cutestat, and Seergate comes up. Nothing comes up for UBA emailmoni except lots of different UBA references and link. The stats are shown in the below, for Seergate Emailmoni.
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emailmoni.com is 2 years 7 months old. It has a global traffic rank of #1,829,451 in the world. It is a domain having .com extension. This website is estimated worth of $ 480.00 and have a daily income of around $ 2.00. As no active threats were reported recently by users, emailmoni.com is SAFE to browse
Bet9ja ad value in 29% increase rate of the week prior to the last week's 5% raise: Is not at all noted at Facebook. September 4 was a national event, Nigeria v. Cameroon, in soccer. Nigeria may get the ticket to World Cup Soccer in Russia, 2018, October 7. That will be Nigeria v. Zambia. Anyone can guess how the nation as whole participates.
At Bet9ja, there is UBA Emailmoni: Showcased in the deposits tab, larger than all the other methods, near the top. Bet9ja is the largest Nigerian betting site. Seeing the giant UBA Emailmoni banner: were upwards of 60 mil. Nigerian bettors, maybe day after day. That is easily a lot better than even Larry Flynt's, "Lucky Lady" Casino got on Monday, in Gardena, CA: And maybe even Tuesday(?). There was probably a spike, in Nigeria: Not being discussed on the Facebook page, directly.
There is so much left to discuss.
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"Are we seeing a plateau before other channels are brought online or is the slower growth due to another reason? That said positive growth is always good!
MEC, Incorporated Yes, somewhat of a plateau it appears, after boarding the gaming company. Trend will continue upward indefinitely as we add new channels and countries.
Revenue posts no BK impending. USPrez has three. MECINCORP posts zero bankruptcies and filings likely within days.
See posts 281428 & 281427, hczhang1 posts, about the kinds of revenue already from just UBA Bank, International.
Real companies do budget, when they can!
Umpteenth Tuesday in a Row: Transparency!
Same revenue so far as in August, already in September shown. That is based on simply the percentages reported, SEC compliant. There have been revenue spikes reported and due to Nigerian National events. So if payments were made, then payments can be even more, in all budget items.
SEC prosecutes even for email lies. The Facebook posts are as audited as are the regular filings. The filings and announcements can be compared against the audit.
See Post 281215 for SEC link approving Facebook announcements.
Performance Estimate could be double what hczhang1 poster is showing.
1) The Facebook posts from Company are likely to be further shown veracity-based in the further SEC approved, actual filed Financials. The use of SEC approved, Facebook method, suggests more to come.
a. The top-offs shown in jczhang1, note 2, were matched at the time with money-transfers, however.
b. So $356.00 daily revenue week one may have been closer to $712.00 per day. That was easy to show.
c. Money-Transfers had been the opening basis of payments apps themselves, in Kenya years ago.
d. So that brings the current weekly up a lot, $80,000.00 per week, just last week--after making all the percentage increases, and the first daily revenue estimate.
2) It could occur to anyone that the accountant may have access to lots of company financials, for example. Where there had been nothing, the summer turn-around has created a lot. There had been revenue basis to make an August Budget, maybe $60,000 in the last week alone. A commitment to Filings had been made. There has been a 35% increase since then. It would now be $80,000 for about each of two weeks.
3) Since payments are reported in August--to accountant: Then the big money jump has already happened, and puts monthly revenue as substantially more: For paying back bills in their total due.
UBA supports Emailmoni 9/19, Google Play. From an UBA Group response to an install complaint, just today, is shown below. There are now 103 reviews of UBA Emailmoni at Google Play.
Priori Data suggests that there should be more than 10,000 android installs reported, at Google Play. Company reported that a weekly increase in business volume, however, was from integration of Company tech into other bank technology. So today, anyone notices that client is OK with MECINCORP scope creep, and its use in bank technology.
Here is the complaint response.
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"Please can you retry and confirm the status now? Kindly send your registered mobile line to emailmoni@ubagroup.com for further review, if the issue is persistent. Kindly update your review and rating accordingly."
Post 272079, "Reports & Filings" 1st(?) was posted, pursuant to a pps $0.03.
1) That is now posted immediately likely, even on Facebook, with same basis. That is by other commenters.
2) 2016 had seen $0.01 to $0.05 pps.
3) Then in post 281355, pierretp poster, ". . .UBA keeps adding features to our program," which Company has noted all along, including last year. It was called "Scope Creep," and delayed publicity of even UBA Emailmoni.
4) Bet9ja publicity started in July.
5) Now there are reports since July 1, maybe 3000% in revenues increase from then, in October.
5) Facebook Company reports come under usual SEC veracity expectations.
6) Financial Filings and Press Release publicity are easily even SEC expected, and Company and investor expected, also.
7) Maybe a new accountant has been found already, who did not take the money and fail to file, per apparent agreement, posted on Facebook.
3000% Rev Increase in Oct, over July 1, on radar: FB posted so far, only.
Companies Budget. People know about them.