MOBI724 Global Solutions Inc.'s CEO Marcel Vienneau Exercises All Available Stock Options Due to Expire on December 4, 2017
MONTREAL, Dec. 06, 2017 (GLOBE NEWSWIRE) -- MOBI724 Global Solutions Inc. ("MOBI724" or the "Company") (CSE:MOS) (OTCQB:MOBIF) (Frankfurt:F4C), a FinTech leader offering all in one integrated EMV Payment, Card-Linked Offers, Digital Marketing and Business Intelligence Solutions, announces that CEO Marcel Vienneau has exercised all his vested stock options that were due to expire on December 4, 2017. Marcel Vienneau exercised all 300,000 stock options at $0.15/share.
Marcel Vienneau is the largest individual shareholder in the Company and has now increased his total stake in Mobi724 to 13.1%. "As the Company's largest individual shareholder, I am totally focused on creating shareholder value. With all the significant achievements so far in 2017, I am extremely bullish in relation to the Company's future. I am confident that Q4 2017 will be our highest revenue quarter yet and that 2018 will be Mobi724's break-out year," stated Marcel Vienneau. He further noted that: "The Board of Directors and management, who together own more than 33% of the Company's stock, share my excitement".
We enable smart transactions anywhere
MOBI724, a leader in the FinTech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment, digital marketing and business intelligence solutions with a combined EMV Payment, Card Linked Offers, Digital Marketing & Business Intelligence platform that works on any card and any mobile device. MOBI724's solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and "track and measure" incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
Certain statements in this document, including those which express management's expectations or estimations with regard to the Company's future performance, constitute "forward-looking statements" as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
For further information about MOBI724, please visit MOBI724.com or contact:
MOBI724 Global Solutions Inc.
1-514-394-5200 x 413
Mr. Andreas Curkovic
Proconsul Capital Ltd.
Source: Solutions Globale Mobi724 inc.