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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.


GREY:FGBDF - Post by User

Bullboard Posts
Post by Menace11on May 05, 2017 8:16am
222 Views
Post# 26207489

Relax this is old news

Relax this is old news

I am very disappointed with people in this group. I can't even get a peaceful night away from the computer without panic. Have people not read my article? There is only so much hand holding I can do. You have to do your part in using your head.

https://seekingalpha.com/…/4937502-first-global-data-three-…

Look it's all there, dilution from the debt conversion included. You say you didn't know it was at 10 cents? Well calculate what $3.7M for 37 million shares is. This was all done at a time when the share price was around there. So don't blame management for this. If you want to blame someone, blame the exchange for taking 6 months to file this. 

As far as worrying about dumping after insiders get this sweet deal. LOOK who is part of the deal:

https://www.newswire.ca/…/first-global-entering-into-debt-co…

1. Kevin Price, the man who everyone was so happy he just bought 100K shares at 90 cents a few weeks ago https://www.canadianinsider.com/company…

Do you think he is selling when he just bought $90K worth at 90 cents?

2. Douglas Smith, the man from the Obama administration that everyone is so excited to have on board, plus he also bought but a very small amount.

3. Ray Wieler. Don't really know who he is but if he is like the other guys he won't be in a rush to sell either.


Bullboard Posts