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MoneyOnMobile Inc. (MOMT)

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Last Post: 7/16/2018 6:15:11 PM - Followers: 14 - Board type: Free - Posts Today: 0

MoneyOnMobile Inc. $MOMT

MoneyOnMobile, Inc. 
500 North Akard Street Suite 2850 
Dallas, TX 75201 
(214) 758-8600

Web site:




MoneyOnMobile, Inc. is a global mobile payments technology and processing company offering mobile payment services through its Indian subsidiary. MoneyOnMobile enables Indian consumers to use mobile phones to pay for goods and services or transfer funds from one cell phone to another. It can be used as simple SMS text functionality or through the MoneyOnMobile application or internet site. MoneyOnMobile has more than 325,000 retail locations throughout India..

Corporate Website:


Harold H. Montgomery, Chairman of the Board, Chief Executive Officer, and Secretary

Mr. Montgomery, age 57, has been our Chairman of the Board, Chief Executive Officer, and Secretary since April 2010. Since March 2012, Mr. Montgomery has been Chairman of the Board of Digital Payments Processing Limited, a majority-owned subsidiary, and a member of the board of directors of My Mobile Payments Limited (“MoneyOnMobile”), a DPPL affiliate. A co-founder of the Company in 1987, Mr. Montgomery started ART Holdings, Inc. (“ART”), a merchant payment processing company. While a full-time employee of ART, Mr. Montgomery led a team doing business under the name “Calpian,” which acquired over 200 ISO merchant processing portfolios between 2003 and 2009. Mr. Montgomery continues to serve ART as a director and executive officer. From 1985 to 1987, Mr. Montgomery was employed by Wellington Associates, a Dallas-based investment bank focused on mergers and acquisitions and corporate finance. In 1983, Mr. Montgomery managed the Dallas Area Rapid Transit Authorization election campaign.

From 2006 – 2016, Mr. Montgomery was a Trustee of the Communities Foundation of Texas, a community chest foundation. He also is a Trustee of the Caruth Foundation and St. Mark’s School of Texas. He has served as a board member and president of the Dallas Committee on Foreign Relations and Big Thought, a community education agency. He is a member of the Council on Foreign Relations located in New York. Mr. Montgomery was a member of the Young Presidents’ Organization (“YPO”) from 1991 to 2009, and chaired the Florence, Italy YPO University.

Mr. Montgomery has served as an industry expert for the Federal Reserve Bank of Philadelphia Payment Card Center and the U.S. Congress as an expert witness for credit card reform legislation. He is a widely known industry authority, a speaker at regional and national trade shows and has written over 120 articles for Transaction World Magazine. Mr. Montgomery attended St. Mark’s School of Texas and Stanford University where he received a BA (International Relations) in 1982 and an MBA in 1985. Mr. Montgomery brings to the Board of Directors extensive experience in the payment processing industry.

Scott S. Arey, Chief Financial Officer

Mr. Arey, age 54, was appointed as our Chief Financial Officer (Principal Financial and Principal Accounting Officer) in October 2013. From 2009 to 2013, Mr. Arey was Chief Financial Officer and Corporate Secretary of Alsbridge, Inc., a provider of IT sourcing advisory and benchmarking services to C-level executives. From 2007 to 2009, Mr. Arey was CFO of Journey Education Marketing, a multi-channel software marketer to the K-12 and post secondary academic markets. Mr. Arey started his career with KPMG Peat Marwick.

Will Dawson, Executive Vice President

Mr. Dawson, age 45, is the Executive Vice President of MoneyOnMobile. Mr. Dawson has over 20 years of experience in the technology industry. Prior to MoneyOnMobile, Mr. Dawson was the Chief Operating Officer at a MasterCard and Smart Communication joint venture, which created mobile money ecosystems in Asia, the Middle East, Africa, and Latin America. Mr. Dawson rolled out mobile money solutions in Turkey with the largest mobile operator and two banks, and in Egypt with the Central Bank of Egypt, a mobile operator, a bank, and a bill payment aggregator. He earned a Bachelor of Science in Mechanical Engineering and a Bachelor of Science in Economics from the University of Pennsylvania, and an MBA from London Business School.


David B. Utterback

Mr. Utterback, age 56, was appointed to our Board of Directors in May 2016. Since 1998, Dr. David B. Utterback has served as a Staff Anesthesiologist at Ocean Springs Hospital, in Ocean Springs, Mississippi, and at Singing River Hospital, in Pascagoula, Mississippi. Dr. Utterback also serves on the board of the American Board of Anesthesiology (since 1991) and on the board of the National Board of Medical Examiners (since 1987). Dr. Utterback holds a B.A. from Dartmouth College, M.D. from University of Illinois College of Medicine, and M.S. in Administrative Medicine from the University of Wisconsin.

James M. McKelvey

Mr. McKelvey, age 51, was appointed to our Board of Directors in May 2016. Since July 2009, Jim McKelvey served as a member of the board of directors of Square, Inc., a NYSE traded company known for enabling anyone with a mobile device to accept card payments, a company co-founded by Mr. McKelvey. Since July 2013, Mr. McKelvey served as a Managing Director of SixThirty FinTech Accelerator, LLC, a financial technology accelerator. Since March 2012, Mr. McKelvey served as a General Partner of Cultivation Capital, a venture capital firm. Since January 1990, Mr. McKelvey served in various positions at Mira Smart Conferencing, a digital conferencing company. Mr. McKelvey currently serves on the boards of directors of a number of privately-held companies. Mr. McKelvey holds a B.S. in Computer Science and a B.A. in Economics from Washington University in St. Louis.

The Honorable Kate Hutchison

Sen. Hutchison currently serves as senior counsel at Bracewell LLP, and a member at Bank of America's Global Advisory Council. In 2013, she retired from the U.S. Senate after 20 years of service representing the citizens of Texas. She was the first woman to serve as senator from Texas, and ultimately served in the Senate leadership, first as Vice-Chairman of the Republican Conference and later as Chairman of the Republican Policy Committee, the fourth-highest ranking Republican senator.

Karl Power

Mr. Power is an investment banker and entrepreneur, who specializes in corporate advising and accessing capital markets. He is currently a director for Excel Corp, which provides electronic financial and transaction processing services to merchants across the United States. Previously, Power was an investment banker with several firms, including Merrill Lynch and Paine Webber in New York and London. He was a founding partner of Robertson Stephens LLC, London Office.


Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have positions in the stocks or financial relationships with the company or companies discussed and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only. No stock exchange has approved or disapproved of the information here.

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#199   NEW FROM ZACHS... AXNMAN 07/16/18 06:15:11 PM
#198   $MOMT New CEO VIDEO #INDIA #MOBILEPAY #MOBILEPAYMENTS High_Profits 06/25/18 09:12:16 AM
#197   Some action on this today ! Finally wedman 06/19/18 10:47:24 AM
#196   From the full version: royzim 05/19/18 11:37:14 PM
#195   A new Zack's Research report was released a royzim 05/19/18 06:20:31 PM
#194   Someone is trying to be crafty. A rights tuckerabbott 05/16/18 07:54:51 PM
#193   Does anybody have any insight on this company? tuckerabbott 05/15/18 03:23:00 PM
#192   This is looking good today ! wedman 05/08/18 11:58:57 AM
#191   Correct me if I am wrong but isn't tuckerabbott 04/26/18 08:10:17 PM
#190   You Never Know.. Roland Rick Perry 04/25/18 09:59:45 AM
#189   MOMT Reverse Split 1 for 20 effective April TenKay 04/24/18 05:40:29 PM
#188   Well.. for what it's worth .. some big wedman 04/24/18 11:03:22 AM
#187   I’m not either ! wedman 04/24/18 09:54:27 AM
#186   1:20 R/S Tomorrow, per FINRA: davidsson10 04/24/18 09:41:59 AM
#185   Why did I buy anything in this pos. Reverse bigdreamer12 04/24/18 07:35:25 AM
#184 wedman 04/17/18 02:43:55 PM
#183   What does this mean now in this companies news. bigdreamer12 04/06/18 10:54:56 AM
#182 wedman 03/29/18 12:58:15 PM
#181   Today was not bad ! wedman 03/28/18 05:51:25 PM
#180   Yes. Looking forward to getting some news. schop 03/28/18 10:59:46 AM
#179   Tell me something about this company I just bigdreamer12 03/27/18 10:47:56 PM
#178   Looks like it ! wedman 03/27/18 09:36:04 AM
#177   Is this what I think it is this dilution bigdreamer12 03/27/18 08:48:27 AM
#176   It’s good to be quiet on this one. wedman 03/19/18 04:57:18 PM
#175   Use this quiet time to accumulate shares. robinhood7 03/15/18 04:50:34 AM
#174   Honestly it’s probably a good thing that Ihubers wedman 03/13/18 12:53:55 PM
#173   Doesn't anybody communicate on this site? Is there bigdreamer12 03/10/18 07:54:32 PM
#172   Here is a link to that conf call wedman 03/08/18 07:55:19 PM
#171   That is my question as well. I wedman 03/08/18 07:50:32 PM
#170   Just bought in what are the time lines bigdreamer12 03/08/18 04:29:32 PM
#169   Nice conf call today ! Earnings up! wedman 02/21/18 03:22:25 PM
#168   Me too ! Very curious on it ! wedman 02/20/18 02:39:20 PM
#167   Looking forward to Wednesday’s earnings call robinhood7 02/18/18 08:22:12 AM
#166   Suggest everyone to look into S7 Group, this robinhood7 02/14/18 11:15:51 AM
#165   Well, I just added more today! It’s wedman 02/13/18 10:56:53 AM
#164   Get ready folks, MOMT is about to get discovered robinhood7 02/13/18 06:29:35 AM
#163 robinhood7 02/12/18 09:24:24 PM
#162   HUGE news today! robinhood7 02/12/18 08:24:54 PM
#161   It is nice ! wedman 02/12/18 11:09:21 AM
#160   Interview with CEO robinhood7 02/08/18 05:26:19 PM
#159   When MOMT shows profitability this closing price will robinhood7 02/05/18 05:57:12 PM
#158   Up in a big down market robinhood7 02/05/18 05:47:18 PM
#157   fake wall at .72c watch what happens next!! TrendTrade2016 02/05/18 10:58:49 AM
#156   what a beauty breaking weekly 200 day!!! TrendTrade2016 02/05/18 10:53:46 AM
#155   MOMT cant slow this down...73c next!! TrendTrade2016 02/05/18 09:45:07 AM
#154   bigblue72 02/04/18 11:16:16 PM
#153   My scans picked up on this one today. bigblue72 02/04/18 11:16:15 PM
#152   Another must read robinhood7 02/04/18 03:44:21 PM
#151   MOMT price based on peers should be in robinhood7 02/04/18 09:06:31 AM
#150   No story board play here. There is TrendTrade2016 02/03/18 05:37:31 PM