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Not even 20 mil. downloads is "crap!" Posted in the Conspiracy Theory basis reply to Mascale's post is that, "Downloads don't mean crap. . ." Then it keeps going,"It shows nothing financial. . ." and "In fact, (nowhere shown in any MEC posting), there are no revenues!" App developers, with millions of downloads, apparently do not exist(?). Downloads in the Conspiracy Theory, "Don't mean crap."
Then anyone notes that the attorney's and other expenses will be paid from the MECINCORP revenues. That is posted on the social media sources. Anyone can see where the revenues will come from--except the Conspiracy Theorists. The conspiracy allegation basis is shown. "Downloads don't mean crap!" At MECINCORP, there is an outsourced CFO, and an auditing firm--and bills left over from the lawsuit against a former auditor. That lawsuit dismissed with prejudice against the allegations.
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"Downloads don't mean crap and you know it. It shows nothing financial as to the progress of MYEC and ever getting any revenues. In fact, there are no revenues and if there were they would be stripped out of existence by Fast Eddie to pay his attorney.
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MECINCORP Transparency is recently verified, going back several months. Even court challenges, with other allegations, were not upheld. Fraudulent shares have even been cancelled. Pro-Active management is shown to be in place, on three continents.
Revenue, up-listing, financials audited: are on the public record at SEC, in recent years . MECINCORP promise of an African Bank, is corroborated in public, only a few months ago. Actual downloads are shown in only recent months and weeks. Increase of downloads is shown in recent days and hours. Revenues consistent with starting expectations are further reported in social media. That is acceptable at SEC as transparent shareholder communication. Conspiracy theories, and theorists, are notably not corroborated, in all of history. One most famous is that the moon is actually a fiction of a Hollywood film-making set, where actors were portrayed as having landed(?). The moon(?) can actually be corroborated.
Minimum top-ups three per month at some Nigerian companies. Air-time transactions help keep people in touch. Then noted is that the phone actually does need to become the customer's bank branch. The company reporting so far tends to fit the likely early stage uses of the new product.
Company reported Africa revenues days ago. The report is plausible given the current Nigerian national focus of the new product. There are positive reviews, and new and increasing capabilities, and even in state-monitored enterprises. In USA, ACA had a famous bad first day. All reports now are millions of enrolled. Mostly, U. S, consumers do not see personally, the revenues from that or any app. The downloads and enrollments are reported.
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"Once they start using it for airtime top-up (#1 reason people use EmailMoni now), P2P, and bill pay, it will go viral. As revenues increase. . . ."
High confidence in Emailmoni app is shown in Ingest link: In post below. An UBA customer is shown to ask to be able to rely on just the Emailmoni app. UBA Administration had promised increase of convenience at the outset, months ago.
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@UBACares can my SMS alerts be stopped since I've a functional email and I'm already using the emailmoni app
No Asks at .0001. No panic selling noted.
UBA Mobile is different. IOS 2.7.5 Emailmoni is also different from Android version 2.7.4 Emailmoni, which is at Google Play. Showing the IOS version 2.7.5, however, is posted at Emailmoni Twitter. In Nigeria, anyone concludes that busy people are at week, even going into the July 4, USA, weekend.
UBA shows MEC tech exists, however. There are UBA Facebook, and app store, verification points concurring. There seems to be a monster paper trail of verifiable announcements, that panned out--like those show.
Major new bank marketing ahead! My guess would be that transactions per app are more than expected, based on USA/UK usage. The nearly 20k downloads may be IOS Apple, for people who can afford it--doing lots of transactions. Mostly, the bank is more or less suggested to be avoiding and ACA first day event, CEO on YouTube, probably from the office, reported in the video.
Recently UBA Facebook offers Emailmoni as an option, like a different brand in a shoe store. The video offers the potential of conversion from existing systems. Emailmoni is apparently also available in the Internet Banking app. The recent UBA Facebook posts are now offering guidance on how to get around and avoid the problems with the existing systems. So there is a dynamic environment happening, already.
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"When we have completed testing of the new features just added, the service will be promoted to the banks existing customers and it will grow viral. Although live, the feature set has been very limited to date and the bank wants a more complete product, well tested, before pushing to displace existing systems."
The over $1.0 mil. six mo. revs are even better, already shown.
Over $0.5 mil. revenues filed, two six month years in a row.
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June 30, 2015 and 2014
Cash provided by operating activities
At June 30, 2015, the Company generated revenue in the amount of $599,649 less deferred revenue of $25,000 and collected $66,540 of accounts receivable for a net operating cash revenue of $599,649. . . .At June 30, 2014 the Company generated revenues of $724,063 plus deferred revenue of $1,500 of which $189,457 was used to pay operating expenses, $572,252 in accounts receivable, $63,047 in loss on conversion of debt, prepaid expenses of $46,602 and the remaining $7,420 comprised accounts payable and accrued expenses for a net operating cash provided of $1,063,985.
New revenue is current and increasing.
Filings & up-listing in the past, in future: At OTC, SEC, Youtube, and Facebook, too!
Proactive management creates instant earnings, reductions in overhead, and status upgrades of accounts and registrations on three continents. Reporting transparency is current on Facebook and Youtube. Filings transparency to be current in days, and up-listing within weeks! Fintech works!
Seergate/Myecheck Tech is announced integrated, reporting the acquisition news. Anyone contradicting has provided no contradictory announcements or analytics: Showing that the original announcement, never occurred.
Myec/Seergate is the integrated tech in the original acquisition announcement. UBA created its announcement a few months later. The patent reinstatement is underway, started weeks ago, and per statute. The original maintenance fees appear to have been prepaid for multiple terms, which may be a part of the confusion.
Court corroboration of capability to continue is better said a credibility enhancement. That especially is the case in liberal California. To contrast, court corroboration of criminal intent to kill--in various legal proceedings: Then can be thought a credibility problem, regarding any claim of innocence. That is an outcome: Not a hearing. In the same hearing, the corroboration of capability to continue--no criminal intent to kill--is better said a clear, credibility enhancement.
Receivables tend to diminish payables. The more IOS users may indicate a high-end user-base so far. It is noted that Nigeria tends more toward android use, so the downloads at Google Play. The far greater numbers could suggest the use so far to be trending more to US/UK transaction levels. Added to usual transactions, then there are even the more transaction options, now approved for Emailmoni. Years ago, the original Kenya payments phenomenon was differently fueled--urban users sending off funding to all kinds of family in the rural regions. This is years later, different nation.
Emailmoni Now Lottery Approved! Aka, "Accountants Galore," besides the Nigerian gaming approval--and more retail marketing, from a client of UBA--then there is also MasterCard approval. All these announcements are at MECINCORP Facebook. The bank has shown the way!
The accounting firm is in the video. The auditing companies are both there and in MECINCORP facebook. The report of the extra legal costs created by legally fraudulent, and denigrating activities, is in the video. The previous accountant incurred extra costs. That is in the video. Shares have been retired, incurring legal costs. More shares are to be retired, more legal costs. There is an outsourced legal firm. There is an outsourced accounting firm. There are others apparently willing to fraudulently act, being sued for recovery of costs, unaffiliated at all with company. Creditors are otherwise agreed to work with continuing MEC operations, likely including their accountants and auditors. That is in the video. [b]There appears to be no basis for the contention that, "No accountant is touching this toxic criminal enterprise."
Accountants need time, and charge for it. Lawyers need time and charge for it. Filings and fees need time, and charges for them happen. The bonus here, in fact, is that even the transactions need time, and there are charges for it(?).
International clients, doing US marketing, are suggested in the video to be the basis expansion capability. An opening venue could even be the big Fintech conference in Lagos, end of September. There is likely SEC, OTC, and Israel-based developer credibility, that soon--and more clients.
"Cash flush" in weeks, filings in days, within 10 minutes into video report! Asset values are even in Israel. Operations are mostly outsourced such brick and mortar as is necessary. Mostly, brick and mortar is not even found to the most viable needed asset-base, even in retail. MECINCORP administration noticed this early on, now creating mostly what is needed. Even a client base is current and performing, on two continents That will be able to interact with training and development in yet a third area.
Impressed with CEO are others! There is even a Facebook page comment. And soon there will be four weeks of July, after two more in June. Lots of talking, already about. . .or something. First there had been April and May, which often happens(?)!
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"Hi Ed, thank you for the update. Becoming current in our reporting status and having revenues in the black would probably be enough to get our share price back above a penny and further with proven consistent growth. I also believe positive results in our favor regarding the multiple suits we are in will do a lot to help improve investor sentiments.
Thanks again.
In recent year, break-even & better, and only since one-year ago! Likely company knows more about tech-developers--appropriate to the newer commerce. There have been revenues for years, and lots of new clients. There is likely even asset-value, to that.
Money from UBA is about a good job. Detractors can suggest the revenue sources they now supply, or intend to supply. Money from UBA has been shown to be increasing in amounts. U.S. revenue sources have been shown, and shown to be increasing in amounts. Detractors cite no revenue sources they have supplied, for any compare or contrast, for any performance evaluation.
MEC followed through from 6/13/16 announcement. That was the name-change announcement. The MECINCORP Facebook page, of course, has 486 followers. UBA Facebook, the African Bank, has 1,498,584 followers. That is actually good news, since money now comes from Africa, UBA Group, via the African Licensee. Both are in Lagos, Nigeria. The UBA Facebook notes that apps are android and IOS, and can be JAVA enabled.
For its part, Emailmoni Facebook is active again this month. EdStarrs, Folsom, is active on twitter again this month. Some of the new activity is from June 15, this month. And many know that even the toilets now flush again, in California. Speedos and bikinis are now for downhill ski runs(?), in the snow. Next step may be as simple as getting the accountant(s). . .out of bed. . .in San Francisco(?). . .maybe in a park or a on a sidewalk, or somewhere(?). A few obstacles, there may be.
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June 13, 2016
MEC is pursuing software licensing opportunities with banks in Africa, and has licensed the e platform to an African Fin-Tech services provider for the purpose of sub-licensing MEC software to banks based in Africa.
Ed Starrs, MEC CEO, stated, "Large emerging markets are demanding new commerce enabling technology -- new banking and payment systems that are highly accessible, real-time, secure, and low cost. Payment systems that seamlessly fit lifestyles, via mobile devices, on the web or social media. MEC has developed the e platform to meet this demand."
Even US log-ins, 15 times per month: Is just Bank of America's report of customer mobile app usage--maybe doing stuff, maybe each time(?). That is fairly recent data. Kenyan branchless banking even started out legendary.
Nigeria is a Commonwealth member nation.
Nigeria GDP 20% of UK. UK pop. 33% of Nigeria. These are not the world's smallest-level nations. Nigeria is the world's 28th largest economy. The UK is also not China or the United States. There are easily UBA transaction events happening, just in the Nigerian part of the African Continental economy. UBA is in 65 nations.
And maybe 36 transactions per month, per! By 2015, the British Banking Association, (BBA), were noticing the electronic banking surge, themselves. So there is some basis to compare an off-shore USA possible volume, per customer. "Some BBA members have reported that the average customer now logs in to check their balance or make a payment 36 times a month,” the report says." Then there is the wider array of UBA Emailmoni services, and UBA Internet Banking services, and the even wider access in other apps. The "Relationship" concept in US banking tends to apply commercial, and possibly, public sector enterprises and agencies. The UBA new tech services, can apply to that as well.
UBA & Amazon mega-market retailers use tech, with relevant MECINCORP fintech, (not itself a retail chain-store, but a technology), in place already at UBA! Executive administrations are clearly far-sighted at each separate entity. UBA could even be said to be maybe ahead of even Amazon(?). UBA relationship managers started getting trained,late last year. No one maybe knows even today what Amazon itself, even did already(?)!
Amazon's food market is not irrelevant. CEO Jeff Bezos is even adding a viable new logistics unit, with basis in the giant new market. The grocery chain is a new, viable enterprise for them. Applicable to the MECINCORP tech in the UBA Emailmoni app, and the UBA Internet Banking app: "If retailers, (banking is often regarded a retail brand), "If retailers are going to tool themselves up with technology, then it will tool itself up with a physical presence and high-street brand." The Nigerians appear to have already in place--and with MECINCORP involved--what Amazon wants to have. The new tech is available in two of the UBA apps. The retailer has only recently created the accommodating, relationship manager. The Training Plan was shown months ago.
"1,498,593 people follow this," UBA Facebook notes. So Emailmoni is among bank customers with access to their bank, and their money: Electronically. Then in that context, UBA has developed the "Relationship Manager" concept, only in recent weeks and months, this year. The MEC email concept is likely appropriate to that. That now may be including one-on-one kinds of messaging about the viable new technologies. Then the UBA Facebook further refers people to Google Play, and app stores. There there are the ads in the various sophisticated online tech, and other sites.
Lots of news there may be!
Fins will be Africa(?) before Emailmoni. Highlights will likely be news of legal and accounting details. Any 8k's will have the more recent, likely surprising new information. Following that along. more than just a few shareholders may notice the old fins plus the new 8k's. Any moves to "OTC Current," and back to the old up-listing can be noted, too. Then there are entire avenues, freeways, and jet streams(?)of surprises possible.
MEC client: "1,500,077 people like this," UBA Group Facebook.
The CEO decision to go to Nigeria, getting company engaged in the real Fintech environment: Is itself a separate, publicity basis. It even has a formal and informal forum at the September Nigeria confab to work with. News events may happen there. US interested companies can be shown something better.
And CBA Convention Confab is 9/27. That is Central Bank of Africa, showing off Fintech, in Nigeria, where it is happening. Even a timeline is available for a stock up-listing. The start of greater than break-even operations is likely within that time-frame. Mostly, there are San Francisco accountants, not too up on things, (the new Cradle of Banking Civilization, (Lagos, Nigeria--an example)). Thhere is that formidable stumbling block. (Where the rent is even worse, and that is not at all about Lagos, by Lagos Bay!).
Super Mario Run this is not about! UBA Emailmoni only became ATM ready in the last few days--clearly not a year ago. The "Scope Creep" has been explained for months. The corroborating May short interest decline, 84%, shown at OTC, in fact: Appears to be one, too(?). Others seem to be following all this along--at least maybe around 200 shareholders(?). With filings, uplisting(s), and news and publicity: That becomes the basis for exponential share price growth.