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Bullboard - Stock Discussion Forum 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... see more

GREY:FGBDF - Post Discussion

First Global Data Ltd > Damn just wait for the news.
View:
Post by topgun on Apr 16, 2019 2:38pm

Damn just wait for the news.

Bobby 90 your are absolutely right. Just before the halt I got an email reply from Andre, I ask him if the company is still operating and what was going on. He said that the company is still operating and they, the staff and management were extremely frustrated by what is going on with the company. FGD has 43 money transfer license in a country that has 10 times the population of Canada and is the #1 economy in the world. Another thing to remember is that FGD main business is the US and they don't mess around down there, they put people in jail if there is any hint of wrong doing, unlike Canada. This is a high margin business especially in a digital world. This company will trade again, but they need time to correct their mistakes, and any long investor in FGD who joins or launches a class action suite is only shooting himself in the foot. PS I am a share holder.
Comment by Viosimiri on Apr 16, 2019 5:31pm
So you just open this account and have one post ? What makes you think people will believe what you say?
Comment by topgun on Apr 16, 2019 6:35pm
Yes I just open the account and this my first post on this stock. And people may believe for the same reason they believe you; because you are truthful.
Comment by LuvtotradeFGD on Apr 16, 2019 10:05pm
I too have received emails from Andre till January 6th on periodic basis after the halt and everytime his response is more inclining to look on the positive side of the busines. I too get shocked in January when he suddenly resigned. I have went to IIROC and have asked them to verify the status of the company, most of the time their reply is the CTO and the reason sited under the CTO. When I have ...more  
Comment by topgun on Apr 17, 2019 2:27pm
I agree with most of what you said Luv, but I do not believe it was Andre. I think Andre was setup to be removed from FGD. As I said before, these 43 licenses can prove to be very lucrative as billions of dollars are electronically moved around the world every day. Why would Andre want to give it all up when the company was striking so many deals.(Tencent, Philippines, China, Africa). Eg. I try to ...more  
Comment by formosataiwan12 on Apr 20, 2019 9:24am
"I guess my concerns are, given we live in Canada; is the OSC giving the big banks ketch up time and also deliberately hindering FGD. You and I both know that the banks would do their very best to prevent entry into this space." Oh my... you have to be completely delusional to think that the OSC is being pressured by the banks to not let the stock trade again until they catch up with FGD ...more  
Comment by Viosimiri on May 25, 2019 9:53am
Any comments regarding the below statements? You guys will like to express your new views?
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