As an investor in MNW I have concerns with the inaccurate and intentionally misleading announcements being made by Mint Payments. I have been trying to solicit a reply from Mint Payments by email, directly and via Link Market Services Limited. 9 weeks and as many emails and still no reply.
Hopefully the market at large may help me clarify the outcome of the goCatch Trial:
On 7th September MNW announced a 1 month trial of their mPOS with goCatch. Surprisingly significant media considering the trail was only a pilot with just 25 Cab, within goCatch’s 35,000 registered taxi drivers. That equates to 0.07%.
No subsequent announcement has been made that this trial was successful or unsuccessful.
So it would seem that no-news from Mint Payments means no business?
This issues raises a larger concern - the legitimacy of any and all MNW announcements. In particular the 11 Dec announcements of 2 NYSE multi-billion companies entering into agreements with MNW.
Anyone have experience, good, bad or otherwise, with MNW?
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