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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 OneRiceon Feb 26, 2018 11:48am
273 Views
Post# 27621224

Email Information to Share

Email Information to ShareSeems like the atmosphere here is quite negative. I have been loaded with this since Dec last year, not very large compared to some of people here. but enough for me to bother to contact management maybe not like some of people. Here is the message feedback I would like to share, hope it helps some people. I will wait to see if it happens like the words do. 


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Thanks for your inquiry. Regarding your questions:
 
Firstly, congratulations on the recent announcement of partnership with Tencent. I am curious about how the process goes so far regarding to the retail side. Do you start to sale to the merchant related to the WeChat payment. 
 
Response: Thank you for the congratulations. Yes, are working closely with Tencent and we have started the process of approaching merchants to accept WeChat Pay.
 
 
Secondly, do you have made any progress related to the Lilian Pay’ app. It was mentioned last time that beta version was in trial. Any updates on that side. 
 
Response: Yes, the service is live and growing. It can be found on WeChat. The service is called Happy Transfer. We expand on a state-by-state basis. The service is currently available in 30 states.
 
 
Thirdly, regarding to the recent announced private placement, do you receive any enough interest on it? Is there any chance of reprice PP lower in respect to the recent stock price action? At last, could you please let me know the approximated timeline of 4th quarter financial report?


Response: Yes, we have received interest in the recently announced private placement. We do not intend to reprice it lower. The 4th quarter financial report is due on May 1/18.
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Bullboard Posts