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Cash Flow Positive (OTC(?)!) Again announced. MECINCORP Facebook has the response to the previous nine weeks of transactions growth in just the last hour. Maybe Cash Flow Positive even end of October, maybe. There are cash matters to resolve(?). Then notice: Maybe 60 OTC stocks, out of 10,000, do that in a year?
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"Revenue is still small but it is growing very rapidly. It's not going to take long if growth continues at these rates to become cash flow positive, but we're not there yet."
MECINCORP Volume Up 42% Last Week, per Facebook, reporting international sector business volume. Priori Data reported 1100 downloads of the UBA Emailmoni product, alone--in a most recent seven days. That would be only about 10% increase. Sources of the recent spike could be, (1) UBA Internet Banking access, (2) increase of business client usage, with multiple devices, (3) increase of business types of usage, generally, and (4) people with previous downloads, catching up on how to use the new technology. And there may even be, maybe other sources of the increase(?)(?). "Mickey Mouse. . .Mickey Mouse. . . .Forever let us hold the banner high. . . .or up. . . .or something(?)!" We learn so much about our modern ways of life on Venice Beach(?)!
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"Last week was up approximately 42% over the previous week"
CEO is IRS Responsive, Previously posted. IRS can accept an offer in Compromise in about half the cases, and since IRS may have been able to connect CEO to the account in that name: Then likelihood is that filings will report any progress.
IRS Compromise Allowed! 225,000 in 2016 alone. Data is from IRS Data Book, 2016, Offers in Compromise is the line item.
IRS Liens Allowed, 470,620, 2016 alone(?)!
Nobody knows about this stock. Businesses routinely own, transfer, buy, sell, book, and off-book. Nobody competent cares too much about the details. You go to a store. It is on a lot, and even the addition of the store is property. Then there may be a lot next door. Then there may be a off-book lot, which is up to accountants and lawyers, often creditors.
It's not against the law to pay them! That process is underway, all over--in trusts and territories, even in states.
$0.15 pps from $15.0 mil. earnings possible, too.
Municipal CU's Might Do MJ Accounts! There are famously two credit unions in Seattle accepting MJ business accounts--which means checking, and other regular non-cash services. MJ businesses are known to bury vaults of cash in the wet soil to do busiess. The ITONIS MJ payment license has no expiration date, for example--and needs the Myec app, which needs. . . .maybe a Village, after all(?)!
Lawfully Compliant MJ zoning, property re-classification, is also now widely rampant--lawfully compliant--and especially in California, entire municipalities.
Stock was lawfully upgraded to OTCQB. Lawfully compliant Company became an international vendor For a World Famous bank. The bank, in turn, created new demands of Company technology which have finally, largely been met. Due to lawful compliance, Company product, through World Famous Bank, is now available at an astonishingly popular, national and state-recognized website--all due to lawful compliance. 60 mil. daily likely see the exclusive featuring of the Company technology, nationwide. It is lawfully compliant, stand-apart from other client technology. During the complex start-up, The unexpected demands appear to have created even a STOP sign reporting condition, instead. Stock price itself was OTCQB eligible up until slightly more than a year ago. A STOP notice was placed on the stock. That is famously now in process to again become Pink Current, and then OTCQB again. Lawful Compliance is usually a well-understood concept, worldwide.
Lawyers made payments progress already, previously posted. U. S. tax collectors are mainly interested in the money, so as to keep the system compliance basically voluntary. The Secret Service has no money to cover the Trumps, anymore, for example. The tax collectors have budget limitations, too. Anything they cannot collect they sell to a collections company. That was instituted again, only recently. So getting anything paid, was a positive. The Tax people themselves don't want to spend a lot of money. Anything paid in full bought time.
Positive cash flow is not Thursday, but weeks away. First current filings, then credit & capability assessments, then payables and audit fees, (possibly complex arrangements), new hires--maybe more than planned--then Positive cash flow. That seems to be already planned. The time frame could be end of November, even. The client's people are now using the bank's new process in actual business, beyond the widely acknowledge success of the Kenyan original program.
"IF" language! Liens are allowed to be paid off. Lawyers and Accountants are often involved in that, too.
OC complaint alleges bogus insolvency, bogus on its face. Likely counsel for plaintiff is seeking remedy, however, with basis in the allegation: Clearly not so. So even a loan record commencing 2010 is cited--no other basis noted. A "phishing" expedition could be said underway, with basis in the clearly unfounded allegation.
So property issue has Many, Many Sides: Many sides! To some the money is not an issue. Then the post responding to that, subject of this response, claims that maybe some is. Since the problem comes about with an MJ enterprise, announced as involving real estate developers: Probably lawyers and accountants were involved, all over. So that was then. It is only this year that cities all over California: Are re-classifying property, for MJ uses, far more publically. In the interim, MECINCORP emerges as multi-national, on three continents--clearly with basis in resources from somewhere. Strategic business happened.
"Burned" traders could have averaged. That is even now, independent of company. There have been bogus lawsuits against company, even dismissed with prejudice, that did cost money. That is detailed in such reporting as exists. Other lawsuits have been launched, to counter other problems. And so other reporting is expected, per other announcements and other posts. All of that is called, "Transparency:" A concept SEC approved.
More than 10,000 downloads of Emailmoni android app are shown at Priori Data. Google Play seems likely to change the category to 10,000-50,000. Management appears to have been effective in creating operations, including on three continents, from any available resources.
Corporate Counsel is allowed, in matters of disclosure, title, ownership, possession, transfer, accounting, and on and on. For maybe only $300.00 per hour, anyone can ask one(?).
Ownership of real estate is allowed, including through businesses, and lots and lots of acquisition methods, disclosures, and non-disclosures are allowed.
Business asset use is allowed. Accounting too, is allowed, even in America(?)! There are rules, procedures, case law, judicial rulings, CPAs(?), bookkeepers, cashiers, lawyers and real estate agents. Anyone learns that no one has to work in America(?)!
Business use of property is allowed in California. Staples purchased in California can even be used in Wyoming. Then there come the accountants and lawyers and clerks, all fighting over that.
Companies have daily operations, accountants, lawyers, clerks, and rarely on public display--especially every single second of every single business day.
10,000-50,000 downloads imminent, probably at Google Play. The last big jump was end of May. Priori Data opines 1000 downloads during just the last seven days, so upwards of 10% increase in a week. Then financials and Pink Current appear likely, given the recent transparency messaging at MECINCORP Facebook. Within the next few days a likely new public corporate image will have happened.
There is nothing mandatory about up-to-the-minute reporting of daily operations, to all the public, anywhere.
Comparing,inference of 97% retention, multiple devices per download, top-ups per device and transfers--Estimates like that are said corroboration, not themselves the transparency. There is other transparency, which creates the corroboration.
The various Conspiracy Theories, about alleged, up-to-the-minute reporting of daily operations, remain conjecture.
North Shore Revenues, December-January time-frame: Are way more certain, like in other areas of the planet, and even worldwide(?).
The 50 foot surf, maybe not so much(?)!
See post 279808. Revenue at North Shore is also well-timed, and in the context in Nigeria of an emerging Consumer Economy. Audited Financials and Positive cash flow are expected in that time frame. Even a lawsuit settlement is expected in that time-frame. A Credit-based funding is posted as being expected. Audited Financials create a credit-basis, going forward. Anyone can allege that even MJ related matters can now become more transparent than before.
Clerk, Paid. Defense Counsel, Paid. Lots left to show, unless maybe not(?).
Legal "Discovery" has Many, Many Sides. One lawyer is making allegations which the other lawyer is not accepting, well in advance of any proceedings. Further, recording clerks merely do the recording. A lawyer likely set up any further records, in accord with SOP legal procedure. The various filings and procedures are even probably leading to a settlement, or basis of settlement. So the language may look usual, but has many, many sides.
Even North Shore revenue swells in December, when UBA has been known to do promotions. Hawaii is the December-January home of the Vans Triple Crown of Surfing, considered the Super Bowl of surfing. The California lawyers have been able to note the coincidence, already(?). A Revenue Swell will be in place in at any rate. In Hawaii, some years, 50 footers happen, during the annual revenue swelling timeframe(?). A hearing in a Myecheck v. someone matter, is set for December. That is likely the positive cash flow timeframe for MECINCORP, already announced. Year-End invoicing may already be in process, even now.
Internet Banking 9000, Emailmoni 3000: Likely expected downloads volume for August, at UBA Bank--just android. Emailmoni became a part of UBA Internet Banking just this year. Internet Banking has over 100,000 downloads, starting months before Emailmoni was even announced as a new plan, by the bank. July downloads of Emailmoni were at 1900. So a base expected volume of recurring user accounts can be inferred, and a progress rate. Then as top-ups and transfers become closer to the 2% of transactions--across devices, in one account--than transactions volume can be inferred. A small business with 1000 clients, 20 employees, 30 suppliers, with a half dozen devices using the account is an example--of maybe one account download's, transaction volume level. If it does, "Who's the leader of the club. . . .," then probably it's more. "M I C, K E Y! M O U S E!"
X97% Retention, X Devices, X top-ups per month, just to start.
780,000 Mthly Trnsactns rate, for now: Is a plausible basis estimate of the current events regarding MECINCORP, UBA Bank Emailmoni. Emailmoni is also accessible through UBA Bank Internet Banking, not just the app. The government intends a cashless economy, and so there are pre-existing apps. Even downloads just for the app are not even entirely connected to the revenue source, which is the transactions. The devices are more important to the count of the transactions, which is the revenue source. Supportive guessing the fact of the low brick-and-mortar saturation of UBA branches in Nigeria. There are likely a lot of connected devices.
Company (Publisher) has data, also.
1)Nigerian data sources can be used to infer the more important transactions rates.
2) Google Play does not report app deletions. Only one upload per account is counted. Google does not count the devices. A joint account has one app download counted, but maybe two or more devices. An organization has the one app download counted, but maybe four to fifty, or more, devices.
3) Each of the devices then needs the top ups. Per device, those can be inferred from Nigerian Telecom data. Nigerians are known to use minutes, only a few years behind USA rates. Top ups themselves are further a "currency," and in many cases are sent to relatives who need the top ups for their devices.
4)Money gets transferred, likely like in Kenya: From urban to rural. That happens on those devices.
5)The basic inference is from the top-ups. Everything else is supported from the various population data. So 13,000 downloads may be 26,000 devices, needing top-ups. Many extended families may be getting sent top-ups, and the transfers.
6)The main new publisher data out this week: Those are no longer the majority of transactions. Emailmoni is in business(?)!
7) Corroboration is the low brick-and-mortar branches number of UBA locations in Nigeria. App retention is easily as high, or is higher than for USA banking apps: Famously further cutting into branches traffic.
German analytics overestimated start--which really only happened in recent weeks, and now in recent days. They were showing double the Google Play number, for example, end of May. Their own disclaimer is that they are in Germany. Emailmoni is in Nigeria. The analytics have more reliable data sources for Europe and North America.
So Widely Unknown News Is Not.
600 dwnlds/day is how it computes. The downloads are about 200 per day. That increases 20 per day for twenty more days. 400 plus 200 is about 600(?), increasing daily. So the company revenue source is shown. In the absence of anyone knowing much about it, not too many people will buy right away, or sell off everything in the next minutes.
Property Off-Books, Out-of-Range--an Israeli development HQ location--is easily a sensible option(?). Venice Beach, in California, has a Frank Ghery "Binoculars Building," anyone might not want to put in range, in Israel(?). It does showcase what is now Google Los Angeles, HQ. "Snapchat" happened only a few hundred yards away, almost due West. Targets are maybe not so much an option, in some places, in some ventures.
https://www.google.com/imgres?imgurl=https://s3-media1.fl.yelpcdn.com/bphoto/DfvQutTh5yOf1rmTseD4pA/348s.jpg&imgrefurl=https://www.yelp.com/biz/binocular-building-venice&h=348&w=348&tbnid=PwHx_6ydqe7KjM:&tbnh=186&tbnw=186&usg=__LMsyiqbpOWGku2baLkkGcDFevrg=&vet=10ahUKEwicqfybntzVAhVGxFQKHWOTBf8Q_B0IejAK..i&docid=72WDKlzNfHVN9M&itg=1&sa=X&ved=0ahUKEwicqfybntzVAhVGxFQKHWOTBf8Q_B0IejAK&ei=G3uUWdyvOcaI0wLjppb4Dw
200 Downloads/Day Now Closer, 20 more per day. Ten more days, then ten more days--are probably even on calendar, already(?). That can happen(?) when the app is the new brick and mortar type of branch, like needed in Nigeria. It is becoming a Consumer Economy--Cashless.
And then there is the Emailmoni access from the UBA Internet Banking app, too--upwards of 500,000 apps with multiple-users. So company can buy the audited financials, developers and a viable property-based quarters for that part of the operation, maybe out of range(?).
Property in Lagos, with visible Centric Gateway signs, a "Division of..," is probably an option. Then anything connected with the old Greenpay venture, of the Real Estate Developers, or whatever that was about--is probably a renewable option. Open discussion of Crop after Crop after Crop: Can even proceed in some Southern California, zoned Industrial Parks, already.
Top-ups & Transfers happen in Nigeria, and multiple user accounts also happen in Nigeria. US customers per branch are closer to 2500 v. 20,000 per branch for UBA. Payments apps got their famous start in Kenya. Urban-dwellers send transfers and top-ups to the rural family or organization members. The economies do transactions per account.
500,000+ Mthly app uses, 97% retention; 14-days rate doubled the daily downloads rate. Emailmoni is the bank-featured app on hyper-high-traffic, nation-wide Bet9ja site. Emailmoni will be at 1.0 mil. transactions per month rate, likely this month. Nigeria is Cashless-oriented, so even the company may have underestimated the new usage rate, compared with any other nation on earth. UBA Bank offers 458 branches to a 200.0 mil. level population. Then it offers banking in twenty other nations. Emailmoni becomes the brick and mortar branch for everyone. especially in rural areas. More likely the bank intends that. The nations create Consumer Economies!
Pinks Current, Then OTCQB, Is Capability Basis even larger and likely sooner.