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Fins to June 30, but Current for Pink status.
97% retention rate, app downloads doubled, in 14 days. Emailmoni is a banking app, promoted by a licensee, UBA Bank. The downloads have more than doubled since August 1, probably an outcome of a public program. UBA Bank is making Emailmoni an exclusive-level, premier and featured product: On the most trafficked site in an entire nation-state. That is all that is known so far. Also known so far, Banking apps do not "churn" like the alternative, cited apps. Elsewhere shown is that banks have take note of the 97% customer retention rate of the app users. Then at UBA--at 500,000 Emailmoni transactions per month, already likely: New level marketing is likely underway. The transactions are the revenue basis, and the CEO notes that much more mega capability is available already. Operational Profitability is likely already, Cash Flow Profitability within a very few months.
Downloads nearing 200/day, according to Priori Data, so 1400 per week. That is the android Emailmoni version, so the Google Play count is likely at 10,000-50,000, probably within days. A retention rate at 97% for banking apps is further enhanced with the diminished relevance of the top ups category of transactions in the total. Nigeria is becoming a Consumer Economy, not just oil dependent. Top ups are even a separate business category in Nigeria. The dominance of the other categories would probably be heartening: Even to the government, as well as the bank. The Recession may be disappearing at a faster pace than reported.
Nigerians may do top-ups 5 times per month, on average(?). There are easily 15,000 mobile devices or more--20,000+ with Emailmoni. Top-ups further get sent around. 1.5 hours per day usage was USA a few years ago, and is Nigeria today. That is in the link below. UBA posts top-up charges, so minutes per, can be inferred. There are likely, easily, half a million transactions per month, increasing 10,000 to 20,000 per week, so far. That rate clearly increases. Then there seems to be 800 new downloads per week, 97% retention, likely on multiple devices. Then top-ups are a diminishing percentage of the total transactions, and the current percentage is shown.
Soon the concepts, "small" and "big" may be actually be meaningful at the MECINCORP Facebook, in the posts. So far, "small," is the concept being applied.
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http://techcabal.com/2016/08/04/mobile-is-eating-nigeria-according-to-the-2016-twinpine-mobile-trends-report/
Bet9ja people like UBA Emailmoni. There is actually a Google Play comment about how it works. Raise to OTCQB can be assigned high probability. Company wants developers. Creditors like to see increased capabilities. The Google Play comment is below. Nigerians also talk, maybe 8 minutes per to relatives, some show. One minute is maybe 27 Naira. UBA top-ups are posted, and at their website. Top-ups are no longer majority of transactions
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I Must Say This..This Is The Best UBA App Ever.For Those Of Us Weydey Play Bet9ja Games.Its Very Easy To Move Funds To Ur Admin Via This App Seamlessly. Five Stars For You Guyz
It's good to see operational profitability, also noted below. CEO expects positive cashflow in just a few months.
From a Facebook poster:
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How close are you to being able to sustain payroll and operating cost. I am thinking september will look way better then May.
Google counts downloads increase only.
97% Retention See Post 279627, for bank apps
Priori Data(free) Rank 51, Plus 1
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Rank Changes:
UBA EmailMoni (Finance, All, Downloads)
--COUNTRY Nigeria
--CURRENT RANK 51
--CHANGE +1
UBA may have a 100N top-up minimum per day, going further, with a second being 1-11 kobe, 100 kobe being One Naira. One top-up does not include multiple devices.
Emailmoni #51 ranked finance app in Nigeria, now. UBA has a top-up maximum of 5000N per day, and maybe 100N per day. A second of time use is somewhere between 1 to 11 kobe per second, 100 kobe being one Naira.
8/13 MEC FB posts types of transactions. There is the opening, even, of a separate business category, "Invoice Payment," is clearly a small portion. Customers are not allowed to be disclosed. "Send Money" in Africa is alleged to be how payments apps even got started, and in Africa. Urban wage-earners sent money to rural family members. Then of course, Mobile Payment is important to life in Africa, but is now not anywhere near the majority of transactions. Emailmoni even now has a 4.8 out of 5-Stars, Google Play rating. 82 mostly positive ratings noted.
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Use Mix Last 30 days
Type, % Of Total
--Online Retail 49.85%
--Invoice Payment 0.38%
--Mobile Top-up 16.36%
--Send Money 33.41%
Auditor for MEC Employed Already, and air-time is no longer the majority transactions category of the African transactions. The previous auditing firm was also audited. Some months ago the auditor most familiar with all of that, started with a firm somewhere in San Francisco--elsewhere posted, at MECINCORP Facebook.
MECINCORP Facebook 8/13 Major Updates! Operational profitability may have already happened, even--not so stated. Positive cash flow can be anticipated, within a few months: Stated. The Bet9ja site still shows UBA Emailmoni as prominent option, not so-stated. Users seem to like it, is so-stated. Financials through June 30, 2017 expected this month. There have likely been some back financial issues resolved. That you have to read-in, too. "Small Revenues," reported, may have to be put in the overall operational context, and other dilemmas, elsewhere noted.
Still, transparency, versus no news at all.
The FB post affirms financials to be released this month. Transparency has even created comments. August is actually happening this month(?).
UnkeptGrunt534 Poster posted 19-20,000 downloads 8/4/2017 timeframe, post number 279161, with one or two others. Nothing was linked there either, and it is not clear why any downloads number was posted. There is no such download linked, even anywhere on IHUB. Nothing updated is reported. All that is shown is supportive of the basis-free fraud and "Fake News," brand of MEC Denigrators in posts all over. Basis-free denigrators even allege accounting irregularities in financials court reviewed. The said denigration was dismissed with prejudice against the plaintiff(s), suing MEC. Possibly MEC denigrators appear to want even SEC apparently to shoot U. S. Judges(?). Alterative lawsuits they don't file.
See the August Priori Data upsurge, getting in for free, creating the Emailmoni android app compared to the Apple app. In the comparisons, the surge in the adroid uploads is shown. It is better to register for the free Priori Data example first, then follow the free instructions first, for the free app, Emailmoni android, v. Emailmoni Apple. No 20,000 or 11,000 numbers appear.
That is PrioriData and it is free! It shows no 20,000 downloads dropping to 11,000, for example.
You don't identify the report of any download, anywhere you report anything. Show the report of yesterday, or link it, that you say is where it is shown.
Your Data does not exist, many weeks old. All data sources have new downloads, and Google Play only counts uploads. Appled reports nothing. That leaves you with a fake news post, anyone can see not linked to a source.
Time MEC has now, heading to top 50 finance app downloads in Nigeria, a 13 point bump now at 62 ranked. That shows up to me only a few minutes ago. It is way no longer number 300, like last year: When up it wasn't(?). It is shown that banking apps tend to be heavily retained, instead of being heavily "churned," some term for no longer used. Emailmoni is getting used more and more, and downloaded more and more.
Money it has, time is now has! Anyone knows that money is time, even backwards(?)! The new FB posts reaffirm the August filings and so the intent to be August Current. No so much noted, there is also information and time to create presentations: Graphs and charts, even. Operational profitability itself looks also to be current, or at hand.
Centric Gateway is in Lagos, 45 days away from the Fintech confab there, drawing International Banking giants.
Google counts only download increases, famously, (and the increase of positive Emailmoni reviews). Even Google likes to advertise its increase of numbers, any way it can. Apple advertises neither increases nor decreases--so inferences have to come from analytics surveys. Those have to be linked. Priori Data shows barely under 2000 Apple Emailmoni downloads from the start, versus now more than 10,000 for android Emailmoni--which will soon turn the Google report to 10,000-50,000: (Showning how famous Google continues to be). Other sources are nowhere else shown, not that I myself look much. Corroboration of reports is adequate for me.
Attrition 2.8% part too! UBA brick and mortar can easily be compared to Credit Union brick and mortar. 458 branches is not a Bank of America level with 6000 branches, one of a number large banks with that much of it. Nigerians are just now getting to a national saturation of everyone at least have an account. The corroboration is the exploding increase of a basis consumer economy. There is a link to a pdf article buried in the little chart.
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--In most instances, consumers with mobile banking are less likely to leave their financial institutions.
--Attrition rates were lowest for mobile banking users when compared to online and branch-only users.
--Mobile banking provides an extra point of engagement and satisfaction for consumers.
--The message is clear: Drive consumer to mobile banking if you want to better retain them Lost customers and members equate to a potentially significant drop in revenue
for financial institutions.
MOBILE BANKING CONSUMERS
--for members who used mobile banking from large
credit unions, compared to 13.4% for members
who weren’t enrolled in mobile or online channels.
4.9% Attrition Rate
--Among medium and small credit unions in the study,
attrition rates were even lower at 2.8% for mobile bankers.
CREDIT UNIONS BANKS
--Bank branch-only customers more than two times
more likely to attrite than mobile banking users
97% Bank App Retention explains FB report of 400% increase in daily transactions volume. Any declines are nowhere linked. The Google Play downloads are stable. MECINCORP below, further corroborates its path on the way to OTCQB: Per June 21 video announcement, and posted FB announcements. Within 30 days there can be financials. News announcements will work well in OTC market.
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Transactions in Africa continue to ramp up at an increasing rate, each day exceeds the previous. We are up 400% over last month. Many new revenue channels and markets are developing, MEC software is proving to be in demand. I am expecting a significant announcement from our partner in about 30 days that I think will significantly change the dynamic in Africa
OTCQB on MECINCORP schedule, already announced and likely with the revenues from a 97% bank app retention rate, Google famously never showing a drop in downloads of any app.
3% app attrition likely, Linked study. The Nigerian cultural climate is being accessed already. Nation-wide hyper-popular, hyper-trafficked, Bet9ja is an Emailmoni access location, in only its first month. The one exclusive UBA app at that site is Emailmoni. More people getting accessed with something they do routinely clearly support a similar giant banking app retention rate, and transactions increase, among Emailmoni users.
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http://www.businessofapps.com/mobile-banking-customers-drive-better-retention-and-higher-revenue-for-institutions/
Google isn't like that. Post is Basis-free. Denigrations of the company are universally like that, all basis-free: As though courts and audits of the auditors do not exists, for example. Analytics show a spike in August Emailmoni downloads, so far. Company reports a doubling of transactions, starting mid-July.
CEO's new choice of start-up venue, for an actual banking app, made sense. Emailmoni app is not the first or only UBA Group app. So it first got integrated into UBA Internet Banking. It then became a separate app, recently suddenly advertised on a truly national basis. 60 mil. bettors per day are said to happen in Nigeria, and the one site is among the nation's top five in traffic.
FNB of South Africa has an app with 1mil. to 5mil. downloads, comparing. That is much more difficult to break into. Nigeria has been able to happen. Then recently, U.S. Banks are becoming infamous again, (Wells Fargo), and shy. Direct MJ payments is not likely. Southern California municipalities, however, may be able to participate in a payments app, conducive to promoting their new industrial base. There are offices of everything in governments. Nigeria has the gaming concept, for example.
And then there is the visibility in Lagos, within days, among international banks, just for Emailmoni kinds of projects, worldwide. There is apparently a new client getting ready.
And MJ is a U. S. controlled substance(?)! There are lawyers, and there are CEO's. F
There is no judicial ruling to that effect, but Greenpay was originally announced as an organization of "Developers." In Southern California, one municipality has a 30 acre industrial park with units at $7.5 mil. per, for MJ Growers. Any basis of payments app assets acquisition--involving developers--could have been a little bid ahead of its time(?). That may or may not be relevant to current matters.
Properties Now MJ Assets, LA Times front page, 8/11/2017: All over Southern California. Properties get re-classified in routine business, everywhere. "Cities See Gold In Marijuana," was not front page years ago, when Greenpay was being created. Now, for MECINCORP, three years later--there is further a surge in daily banking app, Emailmoni, downloads being noted in the first few days of August. Last August, there was no agreement for that in place. MJ assets were still not a front page feature in the Los Angeles Times.
Sept. Lagos Confab of Fintech lenders, offering MEC showcase and credit capabilities.
Lagos Confab=MEC likely credit in abundance, on an international scale! That is only fifty days away. US and British lenders can see the state-sponsored betting website showing of UBA Emailmoni, for themselves, on-site. Then there are the 500,000 downloads of the UBA Internet Banking apps--with all of the devices per each download--and by then 10,000 to 50,000 downloads of the UBA Emailmoni banking app--and all those connected devices--all by itself!
OTC doesn't know MYEC. A total stock market with capital gains may include 20 mil. people USA. Maybe 500 look into MECINCORP, maybe 15 look at IHUB, myec. The good news is that the stock needs no pump, and none happens. The bad news is that it does need filings, OTC Current, and other demonstrations of interest in having people buy the stock. None happens. About there, anyone for now has to stop--selling since revenue and growth are in process; buying since needed compliance, (in the banking sector), is not forthcoming.
See Post 279532.
If you have to ask, you don't know(?)!
Better To Swivel A Periscope(?), than to miss an entire convoy--(major traffic)--of oil tankers. . . .Especially near Guam, according to some people. Big Boards may have swiveled, or shaken, or diverted, just today: For example.