First Global Data Ltd FGBDF

Technology Computer Systems

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 stockwatch99on Aug 03, 2018 8:52am

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Post# 28409299

RE:If you take the time read... Interesting info, not so bad...

Thanks, looks like you are the first one here who more carefully read and understood the report. Of course, "good" is certainly not a word I would use today, but as you correctly said, it's by far not that bad. FGD's core business is working, the path to growth is still the same.

The main issue is not the drop of revenues in the books, this is indeed just something the shorters and bashers will use for their cause. The main issue in my opinion is the need for cash now, but I guess, giving the functioning core business, a solution will be found. Hopefully, with acceptable dilution.

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