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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

Comment by DirkDigleron Dec 16, 2020 3:00pm
393 Views
Post# 32120671

RE:RE:Update?

RE:RE:Update?
MaterialWorld wrote: Ya. Nobody behind bars yet. ( never will be ) Welcome to Canada. Of course this is only an oppinion.


All courts use a fairly similar test to determine whether to pierce the corporate veil.  The corporate form may be disregarded and individual shareholders held liable for wrongs committed by the corporation.

They all play the same game, shares for debt and free/cheap shares for themselves.  Azira,MoneyMoov,FGD,GLOBAL BIOENERGY work as alter egos of each other. That is, they are empty, interchangeable shells used to keep money out of the hands of creditors. In the meantime it is just job creation and pay themselves what they want and pay admin and other expenses to other companies they hold.The links show a similar situation as to how this is done. https://www.rendigs.com/wp-content/uploads/2015/08/August-2015-Legal-update.pdf https://www.gpo.gov/fdsys/pkg/USCOURTS-kyed-6_12-cv-00164/pdf/USCOURTS-kyed-6_12-cv-00164-3.pdf .05 per share, as I understand it that's the minimum share can be issue at without special permission from the exchange.
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