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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
Comment by NYX2017on Apr 17, 2018 7:02am
111 Views
Post# 27895642

RE:Big fCking bad news

RE:Big fCking bad newsNot really. It's not great news but it's not a big issue, here is what I see:

* The financial statement issue may be an impact of the IFRS 9 - lots of businesses suffered some impact, maybe they were not well prepared for these accounting rule changes.

* The fact Peter Lacey, that had purchased A LOT of shares recently, left, is... intriguing... Why would he spend all that money about 1 month ago? Maybe he and other people will try a take over?

* New license is good.

* The OTCQB listing is good. And "The Company will NOT complete further equity financings until applicable regulatory approvals are obtained."

I still forsee a potential take over of this company this year.



Bullboard Posts