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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.
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.