Full Alliance Group Inc
Full Alliance Group Inc has released news that they have acquired huge assets from Grupo Richard.
FAGI is also one of the Very Few companies that has come off the Grey Sheets.
Current OTCM Tier Level: Current
Riedel Report Valuation of Full Alliance:
By my calculations. 286.1M divided by the OS of 35M gives a Book Value of: $8.17/Share
Full Alliance Group Inc. (OTCPK: FAGI) Releases A Letter from Ramon Richard, CEO of Grupo Richard.
Los Angeles, CA -- January 10, 2018 -- InvestorsHub NewsWire
With the objective of making the collection and payment of taxes more efficient, transparent and expedited for its citizens, On Comercio CEO, Ramon Richard states: "On Comercio will begin a pilot program in the Mexican state of Sinaloa in 2018with a subsequent rollout to other states." The first phase of transactions to be processed via the On Comercio platform includes motor vehicle related transactions, drivers licenses, registration related charges, letters of no criminal records, birth certificates, and property taxes, etc.
On Comercio is facilitating payments via its mobile and agile platforms and will be available in government offices and other conveniently located establishments to maximize the number of people who can take advantage of On Comercio's services. All transactions processed via the On Comercio platform are cost free to users.
In addition, On Comercio management is already in negotiations with other states and municipalities to be incorporated as a platform to handle the collections and payments of other various government agencies and services such as water, gas, electricity, and the recharge of cell phone minutes. Mexico's population was over 123 million in 2017, making it the 11th most populous nation in the world. Mexico also has the world's largest Spanish-speaking population, and is the second most populous nation in Latin America.
CEO / Grupo Richard
Accounting Firm: BDO International
Share Structure (From Transfer Agent: 12-4-2017)