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Now better IHUB news, but inaudible company news(?)! Maybe a customary SEC filing is in order? Four months is not a long time, but 16 months is even longer(?).
The Financials report a settlement attempt, with no corroborating basis in any other reporting of anything else.
The 9/29/2016 parties are already referenced in the public filings on record, a dispute over fees. What is below is from the 2015 annual report. "Settlement" is in the report. Nothing else germane is in the report.
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Meegan, Hanschu & Kassenbrock
On August, 21, 2012, a judgment was filed against the Company in the State of California, awarding the plaintiff $38,183 for unpaid legal fees, damages and interest. As of September 30, 2015, the judgment is still in force and the amount remains unpaid. The Company’s management has opened discussions with the law firm to attempt to negotiate a settlement and is still continuing to resolve this in 2016.
9/29/2016 Likely Settlement of old dispute over legal fees, duly reported and filed.:
_____________________________________
Meegan, Hanschu & Kassenbrock
On August, 21, 2012, a judgment was filed against the Company in the State of California, awarding the plaintiff $38,183 for unpaid legal fees, damages and interest. As of September 30, 2015, the judgment is still in force and the amount remains unpaid. The Company’s management has opened discussions with the law firm to attempt to negotiate a settlement and is still continuing to resolve this in 2016.
Google Play Africa corroboration is clearly different from all the specious posts about forged property documents, matters still in the hands of attorneys or settled, or other allegations the USA courts will not corroborate.
There are posted links, separate from Facebook. They were noted weeks ago.
MEC Clients not bankrupt or closing all locations, like many famous retail chains have done. Solvent billionaire-owned companies have had to cover losses from the prominent chain-closings, not expected to be happening at MEC. . . .soon(?). Columbia Sportswear is a self-made company example.
Banks are regulated, which takes time--building or none. The fact of the bank has been posted all over from many sources, mostly in recent weeks. Just go back and look some up.
Africa now happening, in posts right here on this message board of truth! That is better than only eleven months ago, and with fewer PR types of announcements.
MEC Platform, at the Bank, is for banking services. Most recently at Seergate FB, "The SG platform is banking platform that makes sure there is no intermediate between the bank customers' and the bank. It keeps the relationship wherever the customers go.
A bank customer is considered usually one that has an account, in our case any bank customer that sign up to the SG platform (run by the bank) is a bank customer. Based on the bank to customer relationship services are turned on/off automatically."
The actual whiz-bang I myself know nothing about, except that the US clients have the relationship services, too.
MEC product is in unique special services in the USA. It is more likely better said: Able to become some new type of services division in Africa. It may or may not complement or upgrade. It could more likely become something entirely different--looking at its uses so far. "If you're going to wrestle just like everyone else, you're never going to go State," from a now late for everything, friend of mine--founding director of the Libertarian Party.
Nigerian Independence Day is October 1. The other year-end holidays are basic Christmas/Boxing Day/New Years. Anyone might guess that a full commercial project roll-out could fit in, really soon.
No giant cheering or applause to hear?
With complaints about the video, a printed PR sounds at least responsive, especially if a report of it, like this one, can be made" "In 2017 we will see the initial rollout and 2018/2019 the user base will grow exponentially. They are currently building the technology and the support structure. . . ." The acquisitions and new devices, re-branding and on and on: Have all been valued enough for printed announcements.
This can be put in print, from the video: "The fact that Dr. Jon gave a time frame for Klickzie launch is what I would call a word to the wise." There are doubts about the words, and even worlds(?).
Earth people can't hear the audio, or major parts of it, and so note in the last few hours. Possibly only aliens can hear it, who seem to have special equipment?
Mostly, all other Youtube clips are audible, but not the Tautachrome presentation--a likely intentional act. So other people made reports. That is all there is to go on in the absence of intended lack of investor support.
So there are lots of pages, selective audible audio, and nothing about Safedate, Temple Ted, or PhotoSweep? TTCM has been putting out the updates. Now everyone agrees that nothing further happens until 2018 or 2019, after something that may happen New Year's Eve, 2017? Polybia Studios has nothing further to offer? Are Temple Ted, Safedate, and PhotoSweep being discontinued this week? There had been allegations that the other developments were supportive of something larger. Now there they are not at all supportive developments?
These people seem to work long hours, not that I know much about what they are doing, or what it means(?).
https://certificate.revocationcheck.com/www.emailmoni.com
IHUB Comments good mini-synopsis. There appears to be a lot of written documents from which an 8k Synopsis could be filed(?).
So Late Fins & Next Weeks Imminent!
So the start of actual transparency is imminent, as is likely the turnaround of losses to major operating gains. What has been clear in the MEC filings will be able to disappear.
________________________
"When we acquired Seergate in 2015, Seergate had a Memorandum of Understanding (“MOU”) with a company in Africa to facilitate the licensing of our software to banks in Africa. We have recently entered into a definitive licensing agreement with that licensee in Africa. The licensee has sub-licensed the software to a major international bank based in Africa. Due to confidentiality agreements, we are unable to publically disclose the names of the licensee or sub-licensed bank at this time until authorized to do so by the sub-licensee."
________________________
That problem has started to be resolved already. U.S. banking too, has regulations. And then compare: Mainland Chinese regs can be 1000's and 1000's of pages per any given industry, and in that language. The MEC difficulty appears to be unwinding, on the way to being able to be managed(?).
17-20% transactions volume increase--USA--explanation(?). August started major better, v. June. Maybe new gadget is gaining client acceptance, or new acceptance by new clients, of clients(?)?
So Stuff Happens(?)!
Lawsuit Improperly filed too, you posted.
No Proceedings Noted. Allegations are not proof, but need corroboration--and auditor or court, for example.
No Properties Corroboration evident.
Audit malfeasance claims not corroborated.
Seergate Corroborates likely pr again. Comparing, US Courts have failed to corroborate any accounting problems pertaining to MEC. A picture shows the MYEC denial of owning a parcel, and that appears to be not apparently challenged by any Court. So again, This below looks more substantial, coming from Seergate facebook. Seergate has now heard from the germane bank, pertaining to Emailmoni, noting a commercial rollout approval(?). There is the suggestion of something reasonably imminent.
________________________________
"Randy Andal A In Nigeria, any banks or any company who desired to launch any type of innovative applications for Money services, remittances, mobile money services.. etc...are to sign a NDA with Nibss. It is the reason why we never heard of the project coming from the bank., bank cannot disclose any information about the project until they are allowed to do so (certified/approved).
____________________________
UBA Bank Emailmoni, corroboration is in an independent website with certification data. That is even posted in a Riverdog post, today. Comparing, alleged MEC properties, not even judicial corroboration from a lawsuit settlement. That is posted even weeks ago.
It's interbank, so lots of diplomacy is likely involved. Anyone might otherwise call it rational marketing, in the special environment.
MEC is not a bank, but is a facilitating vendor. UBA is the interbank partner, not MEC. Compliance requirements are African.
So The Roll-Out Process Is Underway! Likely the African interbank people have to be certain of compliance details. That is according to various reports.
So probably Hi-Tech Compliance(?), Sunday, Aug 28.
Seergate Facebook noted this: "Randy Andal A There has to be some kind of certification process for bank model. It is well written on CBN guidelines.." There appears to be lots of compliance is happening, on at least two continents(?).
Saturday August 28 Something, Maybe? Seergate has a post about a CBN Certification Process. There may have been something started yesterday, updated Saturday, August 28 something gets updated? I myself am not known to Seergate, and know nothing about what is in the link--If it works(?).
https://certificate.revocationcheck.com/www.emailmoni.com
Usually Late Filing Notices are compliance, and news. Likely there is confirmation of changed company pending, and current, events.
Reports could happen before bank news, the reports being now possibly wording-revised since bank news is clearly more publically imminent. The facebook page, for example, has not been including Africa transaction counts.
And From A Usually Reliable Source, as usual!
Clearly, since no corroboration happened.