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". . .now there is some business activity. . .," KingTracker posted, is why the pps will turn around from descent to ascent.
Monday marks only the 2nd month of the new Emailmoni program. Last noted MEC posted increasing growth of USA transactions, multiple-client based. This month, MEC Facebook reports an apparent increase of demand for new services from clients now easily said from everywhere. There were shares sold due to financing. The Scope Creep, unanticipated, happened. That brings everything up-to-date(?). . .only a few weeks ago(?).
Client News & Facebook raise value. In our new modern world, even "tweets" raise all kinds of new interest. The new is corroboration of real interest. The news is from a ten million customer user base: Just one client, alone. The client is even off-shore, away from US banking relationships. Those maybe are yet too difficult to currently penetrate(?) with the new tech. A local MEC subsidiary may already be benefiting--and maybe from large customer-base potential clients, already!
Centric Gateway Site Looks New(?)! It seems more up-to-date than any of the listed client sites, or IHUB or other information sources. It could be maybe the source of the MEC, "New Customer Implementations," since the October 19, UBA Bank announcement. That will be two months old, on Monday. The announcement had also featured Centric Gateway, which would be an expansion of the MEC Nigerian presence. So for 2016 reporting, there will likely further have to be an audited discussion of the patent status. The new and always updated emailmoni technology--apparently proprietary--likely has to be thought some kind of confidential asset(?). The patent had been listed as an asset, with an expiration date certain--which may not have been helpful(?)
Trade Secret is Confidential Asset, referenced in the basis cited mascale post.
MEC may even have "Trade Secret" protection, like Internationally famous Coca-Cola. There was no patent for that world famous formula. No patent expiration, no disclosure of the formula. Emailmoni is famously an outcome of scope creep, and is reportedly stored in a secret place: Likely mainly known to UBA Bank Security. When Nigerian Marauders have less to Maraud(?), with economic diversification creating a widespread prosperity, that will have been aided by the convenience banking offered through Emailmoni. It will be secure, through UBA Bank. There would would be no disclosure issues. Economic diversification itself can be internationally available-from Nigerian businesses-sthrough the ISO 9000 standards, which are international. MEC has publically announced that it intends a multi-national presence, and in emerging markets.
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A trade secret differs from a patent in several important ways. First, trade secret protection lasts for as long as the secret is kept confidential. If the secret is never publicly disclosed, it will never lose its protection. If the secret is uncovered by means of industrial espionage, disloyal employees, theft or the like, the owner of the secret has legal recourse against those who misappropriated the secret, or anyone who procured it through such impropriety.
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Only a year ago, or so, $0.03 was thought to be too low to be the current pps. There was millions of dollars in revenue--blessed with collections problem, as it turned out. There was even a tax liability shown(?). Then things changed(?). Soon there will be another tax year deadline.
Lots of explaining to do. . .is a bonus! There was a lack of build in recent months. Compared to last year, the multi-national presence is likely now underway. Some of the downloaded new bank apps may be businesses, doing more than a few transactions, maybe international themselves. The more there is to release as news, filings, PR, updates and more: Then a new up-listing can actually be supported. The last one became a Yield sign, instead.
And WIPO offers discount pricing! ". . .subsequent adaptation to varying national (or regional) formal requirements (and the costs associated therewith) will not be necessary." That is in the mascale posted link about WIPO. Time it does take, however. Only this month, then UBA Group intends expansion of its already multi-national business presence.
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"In general terms, your international patent application, provided that it complies with the minimum requirements for obtaining an international filing date, has the effect of a national patent application (and certain regional patent applications) in or for all PCT Contracting States. Moreover, if you comply with certain formal requirements set out in the Treaty and Regulations, which are binding on all of the PCT Contracting States, subsequent adaptation to varying national (or regional) formal requirements (and the cost associated therewith) will not be necessary."
Shajandr confirms WIPO patent process in the international treaty and agreements. The parties to any agreement then do their own due diligence, friendly rules to other level rules included.
Then Compare ISO 9000. There exists international quality assurance so that manufacture in one nation or area can satisfy requirements of commercial application worldwide. There are actually commercial World Peace standards through ISO 9000 and WIPO.
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http://www.iso.org/iso/home/standards/management-standards/iso_9000.htm
IHUB even shows original patent. WIPO treaties and agreements then apply in multiple nations: Even in the WIPO link. The parties to any agreement have basis on which to rely. There had been an original public disclosure, which likely can be reinstated. It likely took years, already.
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http://www.wipo.int/treaties/en/ShowResults.jsp?lang=en&treaty_id=6
No shajandra information shown, only links easily not relevant to MEC.
". . .filing one international patent application under the PCT, applicants can simultaneously seek protection for an invention. . . ." And yes, the process is complex, and likely verified by the parties. Shajandr poster fails to show the complete process. International treaties processes are likely better known by the parties involved.
Treaty-Bound Patents are parties verified, most likely. That is generally noted a different process, likely involving nations.
MEC report needed world patent for international new business, plus existing business, in the usual rules. The reported bank and clients likely know more.
MEC now six months old(?), and relatively transparent: All matters considered. The concept of an international banking technology had only been suggested in summer of 2015. There were several business and government clients, including Los Angeles Superior Court--servicing even world famous, Beverly Hills, by summer, 2016. So MEC posted a name change in June, 2016.
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http://finance.yahoo.com/news/myecheck-inc-now-mec-inc-182607231.html
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Twelve months ago there NDA issues. Seven days ago there was a publication exposure, available in Nigeria--all about the new MEC technology, even naming the bank. Then that was a prelude to further UBA bank world-wide presence worldwide, announced the day after that.
Just sayin'(?)!
This is sub-penny OTC, 99.9% bogus(?). Stock-watchers don't direct their people, into this region. The companies have to do PR and SEC filings--and advance to the former MYEC grade of listing, to get that level interest. It happens sooner, however, than later.
OTC & Start-up common sense differs. UBA created relationship managers recently, and the emailmoni training only after that, and more recently. And article appeared in Nigeria December 4. At least one likely new customer posted a favorable review on Google Play December 5. Emailmoni goes beyond the central prime market of UBA, which has commenced further multi-national expansion--signed December 3. UBA Group has the new technology, and is adapting the new technology to its own proper best interests: Those all over the internet.
Relevant article excerpt: "EmailMoni is our latest innovation and it is the world’s newest game changing technology and will dramatically advance the payments landscape in Nigeria and across Africa. EmailMoni is a next generation payments technology that enables people and businesses to securely send and receive money electronically in real-time and at low cost using a downloadable mobile smartphone app or from a web app.
The EmailMoni web app can be accessed from any mobile device, any browser or any type of internet connected computer. EmailMoni allows people and businesses to pay and receive electronic payments securely in a number of easily accessible and convenient ways. Users can send and request money instantly using Microsoft Outlook email, or any web mail.
Money can also be securely requested and sent using Facebook, SMS text and other methods. Available on iOS on the Apple App Store and for Android on Google Play, the EmailMoni mobile app for smartphones will over time, interact with a card-less ATM network using Quick Response Code enabling cash to be deposited and withdrawn from the system at thousands of ATM locations in Nigeria and across Africa.
EmailMoni will enable faster more efficient payments for UBA customers who are billers, such as cable and utility companies. Customers can also send and receive secure payments instantly and conveniently, while non-bank customers will be able easily access UBA banking and payment services. We are proud to open a new frontier for e-payments in Africa with EmailMoni.
This conforms with our desire to continuously deliver innovative and convenient payment options to our customers. Our innovations in the digital banking space have been possible because of our huge investments in building efficient, trustworthy platforms. We assure our customers that we are committed to continually bringing the best in the financial technology."
Referenced article appears in Nigeria, further a likely beneficiary of the OPEC meeting results. The emphasis on speed and security easily resonates in any violent-strife torn areas, anywhere in Africa.
So new UBA client, setting good example, shows those half-dozen or so, concerned with rumors of behavioral issues: That even those, (unfounded), are being addressed(?). In fact UBA has a partnering relationship, just like MEC did! And then UBA does PR announcements, does filings, and posts revenues and business expansion, multi-national. That should be said progress on the basis concerns(?).
The new UBA client is taking steps itself to expand the MEC international influence. MEC has only been an official vendor for barely three months.
Hitechhunky link is lenders, not vendors. MEC is a vendor, not an online or mail order lender.
abazaba375 maybe predicts $0.0000000 pps on Monday(?). The most recent MEC Facebook post is odd since it sets forth nothing about current results. It only notes that there is more demand for services than supply. That can also mean no ability to even continue in contract(?).
Likely a Marketing funded plan.
And well-placed in expanding Nigeria, more likely now after OPEC.
Nigeria (UBA) pricey oil even happening, subsequent OPEC.
Documents are evidence of management activity. In light of the recent management events: The existing of the documents portends a positive forward-leaping lift-off.
"Forwarded To Examiner" is likely evidence that TTCM management, or attorney, is following the process, too. Likely there was a response to an Amendment, and now the Examiner is checking matters of compliance. Even the Amendment matter could have been as simple as phone permission from TTCM regarding a required wording.
So Greenpay Property rules apply, in how it gets regarded.
Financials are for getting current. They offer an excuse for noting the other progress that has been happening: In those and in subsequent filings and announcements. Last year the announcements alluded to plans: Famously delayed due to "Scope Creep:" Even reported independently in one or two sources. This year there are tangible events. Then there can be further independent reports, in all likelihood.
Public Records, (deeds), transfer title--a legal thing of wonder in many cases, if only a few(?)! The circumstances of the title are about the ownership details--a legal thing of wonder in many cases, if only a few(?)!
Asset possession and ownership legals are likely best left to attorneys, courts, creditors, accountants: And on and on. Posted opinions are senseless without referencing something credible from those kinds of sources. "This judge ruled," or "This audit shows," or "This negotiated, signed contract references," or something like those examples, make sense here.
Zero Corroboration-No Wrong Shown.
MEC needs foreign Patent protection, which is different from a U. S. patent. The U. S. Patent only works in the U. S. A. The international patent protection is a different form and process, possibly already complete. That process may have started two or three summers ago, since there did appear to be some international interest. UBA Group likely now knows more about what MEC now has, than anyone on IHUB.
Patent has been reinstated before. There are fees and forms, and there are no fins or filings to show if it happened, or was remedied already, or maybe something happened in a lawsuit settlement(?)!
Audited Financials are on record. Auditors are on record.
Presumption is not conclusive evidence. There is a lot of time, and likely events, in the interim. There is no basis presented to assert what any lender intended.
MEC probably rents stuff, same logic(?)! Auditors get on board with details, then the lawyers and interested lenders or others.
Shareholders do not own assets of a corporation, or trade or other secrets. What Greenpay owned prior to being acquired had nothing to do with MYEC prior to that, and in fact was to be operated separately, even after that. Everything else is law and accounting, and the one lawsuit was at any rate dismissed.