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 payments. The Company's two lines of business includes mobile payments and cross-border payments. The Company's FINTECH solutions include FirstGlobalMoney, Happytransfer, Vpayqwik and Payqwik.

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First Global Data Ltd

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Comment by gooddogon Mar 01, 2017 10:43pm

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Post# 25916813

RE:RE:The fact that there needs to be quiet time

Kejomi wrote: Quiet time must mean there is nothing material to report and as well there will be no fluff news releases for now. Anything material would have to be released as far as I know.

No, actually it means the exchange has granted a "time out" if you will until the terms of the new PP are hammered out and approved by the exchange. Anything material that might develop, not related to the PP, can, and will, be held behind the veil of silence until the exchange grants leave on the new PP. The whole purpose pf the "quiet time"is to somewhat stabilize the SP while the terms are worked out. The funny part, of course, is the issuance of a statement proclaiming a quiet time is usually a signal that something is up and the SP increases somewhat on that notion.....

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