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Re: MLR_Lite post# 8157

Saturday, 12/13/2008 6:44:04 PM

Saturday, December 13, 2008 6:44:04 PM

Post# of 22253
MOBI ~ a little analysis here...

HEADQUARTERS
27th Floor, Chatham House
116 Valero Street
Salcedo Village
Makati City 1227 Philippines
Telephone +63(2) 817-6948
E-mail: info@mobiclear.com

It is an interesting company, just by reading the business descrition it allows for much insight:

MobiClear specializes in electronic Personal Identification Verification (PIV) solutions in connection with credit/debit card transactions. MobiClear's multi-gateway solution (U.S. patent pending) offers proactive security in all forms of electronic business environments including Internet shopping, business-to-business procurement transactions and retail shopping with credit/debit cards. MobiClear, a company incorporated pursuant to the laws of the United Kingdom, offers solutions and services that, MobiClear believe, virtually eliminate credit/debit card and electronic transaction fraud, completely securing these transactions. A unique feature of MobiClear's solutions is that end-users and customers do not need to learn any new behaviors or master new techniques. MobiClear's solutions utilize technologies that customers are already familiar and comfortable with, while giving real-time user control of card transactions. The transaction is simply confirmed by the legitimate user entering a unique MobiClear PIN code matched with the mobile phone number. MobiClear delivers instant and total control over card usage. For more information: Please write to MobiClear at info@mobiclear.com or visit MobiClear's website at www.mobiclear.com

IDENTITY THEFT AND FRAUD HAVE BEEN, ARE, AND WILL CONTINUE TO BE HUGE ISSUES FOR A LONG TIME TO COME; this company tackles a multi-billion dollar market, multi-billion dollar theft that is...
an interesting article read here: http://tinyurl.com/5acmo6

Again going back the description, U.S. patent pending, perhaps that indicates that enough revenue is being generated from their solution(product), that they feel a need to protect this idea and thus have pushed for a patent...an update from the company concerning that info would be great.

Transfer Agency
Continental Stock Transfer & Trust Company
17 Battery Place
8th Floor
New York, NY 10004
Phone: (212) 845-3206
http://www.continentalstock.com/

Share Structure (as per the MOBI discussion board ibox)
A/S 200M
O/S 19M

LATEST PRESS RELEASE

2008-12-08
Mobiclear Announces its Personal Verification System Now in Operational Mode

- Worldwide Credit Card Fraud Attacked -

MANILA, Philippines and LAGUNA HILLS, Calif., Dec. 8 /PRNewswire-FirstCall/ -- mobiclear, Inc. (OTC Bulletin Board: MOBI; Frankfurt: B3CA), (http://www.mobiclear.com), owner of the unique, patent pending Personal Identification Verification (PIV) solutions system to help eliminate credit and debit card fraud, said today that its PIV platform is now in operational mode and that testing is imminent.

"This is a major step forward for mobiclear and its shareholders," said Stephen P. Cutler, CEO. "mobiclear has invented and developed a process to allow customers worldwide to either confirm a card (credit, debit, ATM, prepaid) transaction using their cell phone, or to switch off their credit and debit cards, which will thwart anyone trying to commit fraud."

"Worldwide online credit fraud alone costs businesses more than $100 billion annually, according to published reports," Mr. Cutler said. "We are confident that our technology can dramatically reduce these losses."

mobiclear's CEO said that bringing the PIV system into operational mode has gone smoothly. "We are looking forward to successful test results and to the subsequent full-scale commercial operation of our system," Mr. Cutler said.

ABOUT mobiclear: mobiclear, Inc. (OTC BB: MOBI; Frankfurt: B3CA), (http://www.mobiclear.com), headquartered in Manila, Philippines, offers a range of solutions to credit card and debit card fraud based on its patent-pending Personal Identification Verification system. It also offers products to ensure against fraud in all electronic transactions, including telephone and Internet transactions.

Note: Certain statements in this news release may contain "forward-looking" information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. These statements including those related to being in a large and growing market, exhibiting rapid growth characteristics, and having a growth strategy, are forward-looking statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions. Some of the risks, uncertainties and assumptions that could cause actual results to differ materially from estimates or assumptions in this press release include the risk that we will not be able to grow our revenues and market share, the risk that our prices do not remain competitive and the risk that we will not achieve profitability. Additional risks are identified and described in the Company's public filings with the Securities and Exchange Commission, including our most recent Report on Form 10-KSB, and Reports on Form 10-Q and Form 8-K. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events, or circumstances after the date of such statement.


CONTACT: mobiclear, Inc.
Paul Knopick
E & E Communications
(949) 707-5365
investorrelations@mobiclear.com
pknopick@eandecommunications.com


Just a little input on EDWARD STEVENSON's part, the rest is up to you...


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