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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

Post by NYX2017on May 19, 2019 7:19am
188 Views
Post# 29759321

Shareholders, let's contact the OSC now!

Shareholders, let's contact the OSC now!Not only the sale of the US assets to former FGD CEO doesn't smell well, but since they've sold the international operations, AND the US operations, AND they've laid off all the employees - they've literally LIQUIDATED the company!

There is NOTHING left, no real assets.

In my opinion, there should have been a VOTE! Shareholders should have been given the opportunity to vote for or against the sale. The price paid is ridiculously low! They are giving it away for only $1M - the other $4M paid as a 8% royalty is a joke! It's such a bad deal!

I'm going to make a complaint to the OSC, and I think all shareholders should do the same: https://www.osc.gov.on.ca/en/contactus_index.htm


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