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Bullboard - Stock Discussion Forum First Global Data Ltd FGBDF

First Global Data Ltd is a Canada-based company. The Company is a financial services technology (FINTECH) company. The Company enables its strategic partners and clients around the world through its financial services technology platform. Its technology drives the convergence of compliant domestic and cross-border payments, shopping, peer to peer, business to consumer and business to business... see more

Bullboard (GREY:FGBDF)

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Comment by shooter300on May 19, 2019 8:53am

RE:Shareholders, let's contact the OSC now!

It's over with FGD,they're playing a game with shareholders.we should not let Andre Itwaru get way with it.A class action should be brought against All former directors- CEO-CFO.
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Discussion
Comment by shooter300on May 19, 2019 8:03am

RE:Shareholders, let's contact the OSC now!

Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the ...more  
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Discussion
Post by NYX2017on May 19, 2019 7:19am

Shareholders, let's contact the OSC now!

Not only the sale of the US assets to former FGD CEO doesn't smell well, but since they've sold the international operations, AND the US operations, AND they've laid off all the employees  ...more  
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Discussion
Post by Viosimirion May 18, 2019 5:25pm

Not too many details about ....

lifting the HALT. As such, the Company is currently considering options such as a significant debt-for-equity conversion program. However, any such program would require a partial revocation order of ...more  
135
Post by Viosimirion May 18, 2019 5:21pm

Looks like....

they didn't get too much money: First Global has also reached an agreement to sell its US licensed business to an arm's-length third party by the name of Azira Corporation, subject to any ...more  
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Post by Viosimirion May 18, 2019 5:19pm

How come....

there was no NR with some more details of this matter: First Global is pleased to announce that it successfully completed, effective May 2, 2019, the sale of its existing international operations (i.e ...more  
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Comment by Viosimirion May 18, 2019 5:02pm

RE:RE:SCAM??!!

Are you doing something about this, or just talking?
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Discussion
Comment by shooter300on May 18, 2019 4:52pm

RE:SCAM??!!

A dirty deal between Andre Itwaru and senior creditors.they sold all existing international operations and all US licensed business. 
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Discussion
Post by NYX2017on May 18, 2019 3:44pm

SCAM??!!

If I understand well First Global sold its MOST VALUABLE ASSETS for close to NOTHING, in a ridiculous BAD DEAL, to the exact same guy that brought the company to the ground?  So he broke ...more  
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Discussion
Comment by NYX2017on May 18, 2019 3:22pm

RE:A class action should be brought against the

Totally agree! We can't let them get away with this like that!!
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Discussion
Post by shooter300on May 18, 2019 2:19pm

A class action should be brought against the

Andre Itwaru, former CEO & Chairman of the Board All the former directors of the board, personally, who had a fiduciary duty to shareholders prior to, during and subsequent to the company’s ...more  
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Discussion
Comment by Viosimirion May 18, 2019 11:04am

RE:RE:How To Not Get Sued?buying time

I did not received any answers back from the lawyers I tried to contact that I can share with the baord. Anyone started this process and got any info to share?
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Discussion
Comment by shooter300on May 18, 2019 10:16am

RE:Azira Corporation: Arm's-Length Third Party: LOL !!! SAD !!!

wake-up call.Andre Itwaru got  All US licenses back and  senior lenders got some of their money back and shareholders left with bankrupt company.
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Discussion
Comment by shooter300on May 18, 2019 10:09am

RE:How To Not Get Sued?buying time

Best part (However, no such partnership or co-ventures with developers have yet materialized and there can be no assurance that the Company will be in a position to do so. In addition, given the ...more  
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