First Global Data Ltd FGBDF

1-misleading

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TORONTO, Jan. 31, 2017 TSX Venture Exchange: FGD Frankfurt Stock Exchange: 1G5 TORONTO, Jan. 31, 2017 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to announce that it has experienced record revenue growth in the month of December 2016. The Company recorded revenues of $2.9 million in the month of December which is the best single month of revenues in the history of the Company. These numbers are unaudited and will be included in the Company's year-end audited financial statements. "We are very pleased with these December results as it provides us with a barometer of the potential that First Global has. We expect significant revenue growth in 2017 as the full year revenue contribution from our mobile payment deployments in India with Vijaya Bank, in Ethiopia with Hidase Telecom, and the other deployments currently under way are realized," said Andre Itwaru, Chairman and CEO of First Global. Read more at https://stockhouse.com/news/press-releases/2017/01/31/first-global-announces-record-revenue-for-december-2016#kZ4loOqcMMA1uCZo.99 TORONTO, Aug. 16, 2018 TSX Venture Exchange: FGD Frankfurt Stock Exchange: 1G5 OTCQB: FGBDF Consequently, during the process of working with its auditors on the 2017 Financial Statements, the Company found that $2,722,162 in ISPL licensing sales for the year ended December 31, 2016 was incorrectly classified as revenue. Accordingly, certain comparative information for the year ended December 31, 2016 has been restated to reflect same. Read more at https://stockhouse.com/news/press-releases/2018/08/16/first-global-releases-2017-year-end-audited-financial-statements#PehWVZhlbHd2Vp83.99