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 Teflon2Hypeon Oct 01, 2018 11:50am

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Post# 28721857

RE:Does this news release mean

"They will be unhalted on monday?"

Not even close. They have published numbers for the quarters in question but they have not yet been scrutinized or accepted.

"the Company filed its Q1 and Q2-2018 financial statements which brought the Company current with respect to financial statements publication, however restatements and clarifications may be required by the OSC as part of the application process"

Now given that that the people responsible for question answering, restatements and signing off of the new published numbers have walked away from this company and it's numbers, is going to make this a slow if not dead still process.

"The Company continues to seek a suitable candidate for its CFO position"

"the Company's auditor, Fareed Sheik LLP, Chartered Professional Accountants, will not be continuing as the Company's auditor going forward"

"Oh, what a tangled web we weave, when first we practice to deceive!"

Sir Walter Scott, 1808