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(Just Wait Until You See The Fins(?)!)
An apt, regulated, emerging economy agreement: Is a new path.
The Marshall Plan Repaired Devastation. MECINCORP CEO created an agreement with the Nigerian bank, UBA. Evidence of repair is visible and posted. What is posted is per newer, and also unprecedented: Regulatory rules.
Post WWII, Even Axis Cars are visible(?).
Partial Fins payments + evidence noted, posted, and otherwise available on the internet.
FB Posts Are SEC Regulatory, too! Likely anyone notices that accountants, auditors, and SEC tend to be: "Veracity Supportive." SEC created a social media and website policy on April 2, 2013. The link was shown this week. "Current" Events can happen, especially now that school has started(?)!
Too much turnaround evidence visible on internet to support any immediate problems assessment. "Current" events can happen.
1) There was the UBA announcement last Fall.
2) Then Google Play started counting UBA Emailmoni apps last Spring. That included the MECINCORP developer tag.
3) Then UBA Internet Banking showed the Emailmoni Policy statement.
4) Then CEO made the Youtube video, and weekly Facebook posts, and more often.
5) Then in July, Bet9ja showcased the UBA Emailmoni app as a deposit method, seen by 60 mil. Nigerians every day, according to reports.
6) Then Data Analytics companies tracked the UBA Emailmoni apps increase progress. Banking apps tend to 97% retention.
7) Then Facebook revenues reports started to track according to the other events.
8) The revenue sources from UBA Bank MECINCORP tech integrated into other banking areas was reported to be surpassing the apps during August.
So transparency evidence is corroborated. Not all of it is mainstream, and not all of it is on Facebook, but revenues are on the increase.
Client requested, and 8k Filing: Both likely limit the publicity allowed. At any rate, company needs to post the financials, already noted in other post, to control the public information. Otherwise, people like me and others do that on IHUB.
Q1, Q2 Financials Likely Already Paid. Since payments have been made, and value has been received: Then likely the further value was paid even this week, given the success of Nigeria v. Cameroon. A nearly 1/3 increase in business volume was announced, over the previous week--already announced. The month is half over, and there is already a 50% increase in weekly business volume, not including this week.
Some Financials Are Paid For, already. That is posted on Facebook. They have the four horrible quarters already. It may be the next two, for this year, that have the "Subsequent Developments," part--showcasing the expected Q3 this year. Accountants make and file the reports, according to anything acceptable(?).
SEC rules apply now, too, from 2013. The revenue announcements are on an approved evidence forum, Facebook.
SEC Evidence OK 4/2/2013, 3000%! Some posters shows that SEC compliance and approval is not evidence, when actually SEC has guidelines for websites and social media.
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https://www.sec.gov/news/press-release/2013-2013-51htm
Revenue increase rate is new debate. See Post 281119.
See post 281109, 3000% increase of business likely.
Financials are compliance evidence, however. Tech companies are known to recruit with stock plans. That requires SEC Compliance. Anything new in the United States will likely be FRB regulated. Regulatory agencies happen in the banking industry. Lenders will provide cheaper credit than is usual at MECINCORP, with financials available. "Why don't you get a bank loan!" has often been a complaint about MECINCORP. If a bond is ever required, they will want to see where they can go after any money, and so on: To help in setting the price. Financials can often be used in place of money guarantees.
SEC Exemptions are Worldwide evidence, allowing that transparent companies can find other reporting venues.
SEC OK evidence: 8k, FB posts, PR, installs, even(?), of a banking app. Integration into existing apps, with public policy shown is further evidence. Billions accept the SEC standards of evidence.
SEC encourages Social Media evidence, in transparency matters between involving any company. SEC exempts smaller such companies from SEC filings. The likely basis is allowing build-up to positive cash-flow, like is happening at MECINCORP. That is widely noted among posers at MECINCORP Facebook.
For a 3000% increase, Bet Green Team, Nigeria! October 7, 2017, will be Nigeria v. Zambia. Nigeria has won those matches in the past. Zambia regards Nigeria as a "Big Team," and commentators like their passing game, even. From the 9/4 match with against Cameroon, Transactions volume increased 1500% in about 100 days, over July 1. October 7 can be the World Cup Ticket for Nigeria.
Better Source: Maybe Youtube soon! In the last few hours, there appears an MECINCORP Facebook comment, wondering about a Youtube presentation. The last one June 21. The transparency efforts have been on-going, mostly in the last four months, if mostly only noted among current shareholders.
After SEC Filings get the stop sign removed at OTC. Then usual PR announcements, announcing and including a Youtube announcement: Would even have credit-worth value.
PrioriData is the source used. It is a German analytics company. It claims thousands of data sources. There is even a free membership. One thing to note is that many Nigerians use Chinese phones. They likely do not come with Google Playstore on board. Then see the 9/5 convenience effort, in bold, below. You will then see that the count of downloads is more at PrioriData, then it is at Google PlayStore. That may include non-google installs. If other UBA apps now have the MECINCORP tech integrated, then no further installs are likely needed.
Google Pay Downloads do not count devices, and you have to keep the 97% retention rate for banking apps in mind. The children are not likely to move on to another banking app, in the next few minutes.
And then for MECINCORP, 9/5: We are integrating other sites currently. Most of the new business is not going through the mobile apps, btw, so the download numbers do not in any way reflect the growth in transactions and revenue.
Problem is No Bar Charts This Week(?)! Company is skittish about providing too much information: So as not to be in violation of bank confidentiality requirements. Transparency was intended, however. In response--since there are no filings: In the last two weeks, there have been (1) a sociology assessment, and (2) a math modeling assessment. Those were used to make business volume estimates, apart from what is on Facebook.
So maybe now anyone sees data on Facebook this week, fairly limited. Kudos to the analysts, likely.
Filing Financials is actually a preventive disclosure method. The Company controls the information flow, completely. Reporting period and subsequent events are included.
So this week there are no bar charts or business volume breakdowns, on Facebook. Transparency more than anticipated had possibly happened. Given a 1500% business volume increase, in only 100 days, There is increased likelihood of SEC fillings, all paid for. The filings will boost credibility. They will also assert control over the flow of information.
SEC requires filings are required if there are more than 300 shareholders. The threshold is 500 if there is less than $10.0 mil. in assets. Filings actually help guarantee a market for the securities. More people do want them, when they do.
SEC exemption rules aside, 1500% business volume increase is actually worth reporting out. Demoralized developers and demoralized investors, are not evidence of productive enterprise. There is even a Fintech confab in Lagos in two weeks.
The last shown audited financials post only 135 shareholders. SEC exemption rules still likely apply--even if someone bought something, in the interim(?).
Developer Denigration from 57%+ increase of revenues is now public record, only two days later--On Wednesday. Revenue and transactions revenue is up 22% and 29% in last two weeks, since collapse of financials funding. 2016 four quarters were paid for already, per Facebook. Nothing filed is the outcome, already. No stock sharing of increase clearly is being allowed for developers, even. Clearly hated at UBA group, and at MECINCORP, are any IT developers and offspring, going forward forever. Financials can be filed today, in the alternative.
The financials money is posted, just last Monday. 2016, four quarters financials, the company has already had for two weeks or more. That would just get filings started. There are none. And yet there is more money, now. It is two or more weeks after that.
"MEC Developer:" A Resume Job? MEC tech is reportedly getting integrated in the one bank technology. Someone, or some many, is doing that. MEC developers are alleged to be in Israel(?).
Put another way, They are maybe on the Palestinian side of the wall, where no money goes(?). "Look at all the shareholder value that was created(?):" From the refugee perspective, someone could say that(?)! (Probably not, anyone else would say it!)
Financials from 2016, at least, are reportedly ready to file. The revenue this month is approaching last month's,
already, reportedly. A plausible story is not being told: During just those few days.
6/30/2016 MYEC Edgar filing linked. Only six quarters more now needed for Pink Current, and the audit for the OTCQB. It is transparency posted--SEC approves a Facebook page--that payments have been made sufficient to cover 2016 quarters, with only tiny amount payments left for first two quarters, 2017. The "Subsequent Developments" sections are probably taking a lot of time, and space(?).The July and recent revenue surges appear to have created payments, even on behalf of developers--when the filings happen, now more likely in September. Others seem to be showing the money potential.
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https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11429616
Revenues now not said "small!" Instead there is posted, ". . . .largest week growth so far in number of non-US transactions and revenue," going into month three of new transparency.
Developers Likely want a stock plan. Company needs to explain its personal denigration of its developers, in the absence of Pink Current or OTCQB. Money it posts it has!
See post 280976. Weekly Facebook transparency, when Pink Current status happens, puts books and accounting in a different historical forefront type of showcase.
Nine weeks numbers, payments made already, even to accountant, corroborate the business turn-around. That evidence is presented in compliance with public, SEC suggestions: To use a social media site, (Facebook), for transparency purposes. No challenge to the Contract-Holder's numbers are anywhere presented. No basis of challenge is anywhere shown, with any alternative computing in any basis. Mascale numbers originate in widely reliable, Google Play installs. Nigerian phone company data was then used to estimate a monthly phone typical usage. Top-off rates are presented at UBA. Google notes that installs are for multiple devices. Nothing going back, before the nine weeks, was presented.
And yet Payments made is posted, sufficient for most of last year's to be up-to-date. There is need for a little more for this year: And then filing. The transactions records have only been noted for nine weeks: Commencing with the SEC approved transparency at Facebook.
Internet shows business evidence. IHUB posters are not UBA bank contract holders, anyone notices. The claim that that UBA customers, who are Nigerian, do no bank business, would also be said stating that Nigerians are incapable of doing bank business since they are Nigerian(?).
Others post, even on IHUB, that transactions do happen.
For its part, UBA bank has (1) an UBA Emailmoni app, from MECINCORP; (2) An MECINCORP privacy policy for Emailmoni, in the UBA Internet Banking app; (3) banner ads on the internet for the UBA Emailmoni app; (4) the UBA Emailmoni showcase at Bet9ja, in the section showing what method to use to make deposits.
Then there is anything more. The needed reference for data is the contract-holder, doing SEC-approved transparency at the MECINCORP Facebook. Against that, there are the shown IHUB posters who reject the SEC approved Facebook posting method, and apparently the ability of Nigerians to operate or do the banking.
29% increase last week, per today, at MECINCORP Facebook
$58,612.00 weekly, per hczhang1, applied to this week, could also be said a significant announcement. The numbers follow hczhang1 poster's math model, but using mascale poster's starting likely basis of transactions. That was in top-offs and money transfers. I myself would be at $31,250 weekly, without any concept of what is coming in from all the other bank operations. Lots of bank operations are now sharing revenue with MECINCORP. That was re-stated September 5. There is an update, now, just today, after only a few months of having started. Last week was probably a significant betting week in Nigeria, given Nigeria v. Cameroon on the national holiday. "Soon," an even like that will be of smaller impact on overall volume.
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Last week's revenue from international operations was 29% higher than the previous week, representing our largest week growth so far in number of non-US transactions and revenue.
Sept. 5 Post was significant. That announcement is that MECINCORP, UBA transactions: Originate from lots of bank operations, now. That is within six months or so of actual launch. There likely have to be lots and lots of pages of "Subsequent Developments" in the Financials, stated about to be released.
Creating a guess of the total transactions relies on the new transparency, easily SEC approved. There was likely a mobile app only basis, at the start of the new transparency.
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Most of the new business, and other sites, is more specifically referring to gaming companies, most of that business is not over mobile app.
UBA customers doing transactions is a monster improvement from only a year ago. The details of the Revenue-Share are probably SEC Confidential, is all.
Filings & Posts Dispel allegations. Revenues and profits tend to corroborate data submitted, as always. Many large companies go further and provide dividends per share as further corroboration. None so-state.
See post #280927.