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 excitingon Jul 19, 2017 6:57am

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Post# 26484494

RE:one question?

A lot because of brutal dilution with cheap warrants. For a company which claims profitable for the last 4 quarters it's financing through debt has been a disaster. We are talking about 10% to 12% interest and on top of that convertible to shares at way to low cost. There are surely better way to leverage all that. Anyway this is the past. The bright side laid in the future. Hopefully the coming growth in revenue will offset all that and i really think it would. Until then patience for a few quarters and all will be fine. The actual sp reflect well the situation and it is a buy.

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