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$FNGR Here is the news 2.5 million shares are short
https://www.accesswire.com/619124/FingerMotion-and-China-Mobile-Financial-Technology-Co-Ltd-Sign-Strategic-Cooperation-Agreement-for-Loyalty-Program-Business
FingerMotion and China Mobile Financial Technology Co., Ltd. Sign Strategic Cooperation Agreement for Loyalty Program Business
Wednesday, December 2, 2020 9:00 AM
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Topic: Company Update
NEW YORK, NY / ACCESSWIRE / December 2, 2020 / FingerMotion, Inc. (OTCQB:FNGR), a mobile data and services company, is pleased to announce that its contractually controlled subsidiary, Shanghai JiuGe Information Technology Co., Ltd., and China Mobile Financial Technology Co., Ltd., a subsidiary of China Mobile, have signed a strategic cooperation agreement to explore and create a new forward-leaning business model that combines the traditional loyalty point redemption business with an e-commerce platform designed to create a higher evolution of brand loyalty.
From the beginning of 2020, Shanghai JiuGe Information Technology Co., Ltd. has actively sought cooperation with China Mobile Financial Technology Co., Ltd., given China Mobile's years of experience in the financial services industry. Currently, of China Mobile's estimated 900 million subscribers, only an estimated 600 million currently participate and accumulate points within the loyalty reward program, often referred to as "Points Mall", meaning there is still plenty of room for growth. These estimated 600 million subscribers have accumulated an aggregate of points worth an estimated 20 billion yuan (approximately US$2.86 billion) (Source: China Securities Journal, "China Mobile will open "points", customer points worth over 20 billion Yuan", Yang Jie, November 15, 2019).
The "Points Mall" business is the US equivalent of a loyalty rewards program. The program uses "points" as a form of currency that allows users to exchange them for products and services. The loyalty program strives to keep its content fresh and is on the lookout for partnerships with other unique brands to expand the universe of redemption products and services offered. The gross margins on these transactions are expected to be between 10 - 30%.
The most vital component necessary to conduct all e-commerce in China is an integrated mobile payment and processing solution, often referred to as a mobile wallet. Hebao is the largest integrated mobile payment & processing solution branded under China Mobile's license. Transactions on this mobile payment platform have exceeded 2.1 trillion yuan (approximately US$300 billion) annually (Source: Beijing Language and Culture University, March 15, 2019), making Hebao China's third largest mobile wallet behind Alipay and WeChat pay.
"This latest agreement continues to represent an evolution of our business plan," said Martin Shen, CEO of FingerMotion Inc. "We are leveraging our core competency which is essentially the monetization of large user bases, and employing it in new applications. In this case, the application is the loyalty marketplace, which is undergoing a rapid digital transformation and our company is actually driving its evolution. Users need choice, and by providing them with intelligent options, supported by our learning algorithms, we are more likely to connect with the user on a higher level. We are very fortunate to be partnered with China Mobile because our access to a trusted mobile wallet takes the struggle out of developing this loyalty economy. Our team has the resources it needs to take on all the major mobile wallet platforms."
About China Mobile Financial Technology Co., Ltd.
China Mobile Financial Technology Co., Ltd. is a wholly-owned subsidiary of China Mobile Communications Group, with a registered capital of 500 million yuan (approximately US$72 million) (Source: China Mobile, Form 20-F, filed with SEC, April 2020). The company went live on December 18, 2019 with the goal of becoming a first in class social platform that offered products, services, and financial solutions as a mobile payments provider.
About FingerMotion, Inc.
FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. It is one of only a few companies in China with access to wholesale rechargeable minutes from China's largest mobile phone providers that can be resold to consumers. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets.
For further information e-mail: info@fingermotion.com
718-269-3366
Safe Harbor Statement
This release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements give our current expectations of forecasts of future events. All statements other than statements of current or historical fact contained in this release, including statements regarding our future financial position, business strategy, new products, budgets, liquidity, cash flows, projected costs, regulatory approvals or the impact of any laws or regulations applicable to us, and plans and objectives of management for future operations, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "should," "estimate," "expect," "hope," "intend," "may," "plan," "project," "will," and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements on our current expectations about future events. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to: international, national and local general economic and market conditions; demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to manage its VIE contracts; the ability of the Company to maintain its relationships and licenses in China; adverse publicity; competition and changes in the Chinese telecommunications market; fluctuations and difficulty in forecasting operating results; business disruptions, such as technological failures and/or cybersecurity breaches; and the other factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included in this release are made only as of the date hereof. We do not undertake any obligation to update any such statements or to publicly announce the results of any revisions to any of such statements to reflect future events or developments.
SOURCE: FingerMotion
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FNGR posted this here a month ago Its running now news today
FingerMotion $FNGR Financial News https://tinyurl.com/y5rjclkx Q2 earnings Revs +77.5% (3 months) and +114% (6 months). SMS/PAYMENT/BIG DATA for 2 largest mobile @ChinaUnicomGlob & #ChinaMobile A #shortsqueeze started at $3.11. https://tinyurl.com/yy95lh4f Deck https://tinyurl.com/y4xze5o7
https://stockcharts.com/h-sc/ui?s=fngr
Wobby so agree short squeeze tick tick tick
fngr last money nov 10 intraday was $3.80
$FNGR MANAGMENT Last Friday Conference with Munich RE and others Lets hear something throw us a crumb YEAAA$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$FNGR 6.08 was 3.80 on Monday Could contracts be near?
Conference is today Munich Re there insurance
$FNGR 6.08 was 3.80 on Monday Could contracts be near?
Conference is today Munich Re there insurance
$FNGR 6.08 was 3.80 on Monday Could contracts be near?
Conference is today Munich Re there insurance
$CIH thanksssss
FNGR good stuff
https://emerginggrowth.com/finger-motion-otc-pink-fngr-links-up-with-e-commerce-leader-pingduoduo-in-trajectory-changing-deal/
Investment Summary PDD shareholders should consider an investment in FNGR because if FNGR gets traction it could be one of the biggest growth drivers for the company. Eventually growth of PDD is going to slow. If they have the same user growth of 144% YoY going forward they are going to capture the entire Chinese market in 2 years. This is where PDD has been very diligent to select high quality merchants going forward anticipated the slowdown in growth. FNGR seems to be one of those high quality merchants that has demonstrated to PDD that they can bring in the GTV. In fact they are so high quality that they beat out Tencent a $400 billion + market cap company. Something is brewing and until investors have some visibility via an earnings release all of this is speculation. The stage seems set for a big earnings beat and it appears the company might be looking to raise some money. The company has a very low float that must be under a million shares so the stock could be subject to some volatility. The current market capitalization is $82 million for a company that could do billions in GTV in 2019. PDD trades at 2X GTV. Assuming the same multiple the stock should be trading around $54.00/share. The stock is grossly undervalued and a unicorn in the making given this recent news. The stock has been very quiet over the last year. Volume picked up considerably in the last month and if it continues its trajectory the stock could hit its price target in the next 6 -9 months.
FNGR Interesting
https://emerginggrowth.com/finger-motion-otc-pink-fngr-links-up-with-e-commerce-leader-pingduoduo-in-trajectory-changing-deal/
Investment Summary PDD shareholders should consider an investment in FNGR because if FNGR gets traction it could be one of the biggest growth drivers for the company. Eventually growth of PDD is going to slow. If they have the same user growth of 144% YoY going forward they are going to capture the entire Chinese market in 2 years. This is where PDD has been very diligent to select high quality merchants going forward anticipated the slowdown in growth. FNGR seems to be one of those high quality merchants that has demonstrated to PDD that they can bring in the GTV. In fact they are so high quality that they beat out Tencent a $400 billion + market cap company. Something is brewing and until investors have some visibility via an earnings release all of this is speculation. The stage seems set for a big earnings beat and it appears the company might be looking to raise some money. The company has a very low float that must be under a million shares so the stock could be subject to some volatility. The current market capitalization is $82 million for a company that could do billions in GTV in 2019. PDD trades at 2X GTV. Assuming the same multiple the stock should be trading around $54.00/share. The stock is grossly undervalued and a unicorn in the making given this recent news. The stock has been very quiet over the last year. Volume picked up considerably in the last month and if it continues its trajectory the stock could hit its price target in the next 6 -9 months.
FNGR Lots of DD and good stuff to ponder
https://emerginggrowth.com/finger-motion-otc-pink-fngr-links-up-with-e-commerce-leader-pingduoduo-in-trajectory-changing-deal/
Investment Summary PDD shareholders should consider an investment in FNGR because if FNGR gets traction it could be one of the biggest growth drivers for the company. Eventually growth of PDD is going to slow. If they have the same user growth of 144% YoY going forward they are going to capture the entire Chinese market in 2 years. This is where PDD has been very diligent to select high quality merchants going forward anticipated the slowdown in growth. FNGR seems to be one of those high quality merchants that has demonstrated to PDD that they can bring in the GTV. In fact they are so high quality that they beat out Tencent a $400 billion + market cap company. Something is brewing and until investors have some visibility via an earnings release all of this is speculation. The stage seems set for a big earnings beat and it appears the company might be looking to raise some money. The company has a very low float that must be under a million shares so the stock could be subject to some volatility. The current market capitalization is $82 million for a company that could do billions in GTV in 2019. PDD trades at 2X GTV. Assuming the same multiple the stock should be trading around $54.00/share. The stock is grossly undervalued and a unicorn in the making given this recent news. The stock has been very quiet over the last year. Volume picked up considerably in the last month and if it continues its trajectory the stock could hit its price target in the next 6 -9 months.
Wobby
My source told me to tell you if you think it will take 1 year to get to %100.00 a share that it will be much SHORTER The short will not last that long We will see stay tuned
FNGR My favorite #stock $fngr is on sale again. HUGE China data company with a HUGE naked short seller in deep as the cherry on top.
My favorite #stock $fngr is on sale again. HUGE China data company with a HUGE naked short seller in deep as the cherry on top.
My favorite #stock $fngr is on sale again. HUGE China data company with a HUGE naked short seller in deep as the cherry on top.
More
FNGR from tw&r
$FNGR look who they are presenting with. The last lineDown pointing backhand index
Quote Tweet
ham27
@g_ham27
· 49m
$FNGR Big data enabled lifestyle underwriting - ecosystems of insurance transformation
Moderator(s): Joseph Kim
Presenter(s): Haibo Liu, FSA, CERA, Head of Business Development and Actuarial Advisory, Finger Motion ; Sarkin Lee, Head of Data Anlytics (Life and Health), Munich Re
From twitter
now if they didn't have anything why would a $50 BILLION Re Insurance company present with $FNGR?
Quote Tweet
Savage39trader
@39Ripper
· 13m
$FNGR look who they are presenting with. The last lineDown pointing backhand index twitter.com/g_ham27/statu
FNGR more
now if they didn't have anything why would a $50 BILLION Re Insurance company present with $FNGR?
Quote Tweet
Savage39trader
@39Ripper
· 13m
$FNGR look who they are presenting with. The last lineDown pointing backhand index twitter.com/g_ham27/statu
$FNGR from twitter
$FNGR look who they are presenting with. The last lineDown pointing backhand index
Quote Tweet
ham27
@g_ham27
· 49m
$FNGR Big data enabled lifestyle underwriting - ecosystems of insurance transformation
Moderator(s): Joseph Kim
Presenter(s): Haibo Liu, FSA, CERA, Head of Business Development and Actuarial Advisory, Finger Motion ; Sarkin Lee, Head of Data Anlytics (Life and Health), Munich Re
$FNGR There is a short in this stock Thats all I will say Radar this one
SNDL now I understand thx Smartmoney
NEXT IS FNGR china chinese gov really serious BUY THE CRAP OUT OF $FNGR
I DID@!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
FNGR
SA Advisory has been worng on pred for 2 years He takes to knocking hotstocks.nyc
SNDL Why so far out of the money Is this crazy? or smart
SNDL WHY???????
Look at these april 2021 call volume and strike price far out of money
I am confused why??
https://finance.yahoo.com/quote/SNDL/options?date=1618531200&p=SNDL
SNDL WHY???????
Look at these april 2021 call volume and strike price far out of money
I am confused why??
https://finance.yahoo.com/quote/SNDL/options?date=1618531200&p=SNDL
Look at these april 2021 call volume and strike price far out of money
I am confused why??
https://finance.yahoo.com/quote/SNDL/options?date=1618531200&p=SNDL
Someone claims TSLA rumor with ABML I have heard that since March
maybe some truth???
I just dont get this company. Its been trading pathetic volume for 3 months and has stayed between 3 and 4. Why does the company start a social campaingn like ra$a. Why dont they get the word out about why its such a great company. All I hear is there is this big short that is going to get burned Yea WHEN how many months will this drag on.
My friend Scott has been talking to me about since 2010 just awesome!!
congratulations boileroom. Monday you https://www.wsj.com/articles/gilead-nears-deal-to-buy-immunomedics-for-more-than-20-billion-11599936777
Why would they be hiring manufacturing specialists if fda was NOT going to approve their covid drug in next two weeks?
$SRNE Who hires manufacturers if their is nothing to manufacture. Huh... there’s your hint.. test approved? Soon.... pic.twitter.com/vMml7BRnSB
— Sack_exchange929 (@exchange929) August 9, 2020
$SRNE
Why would they be hiring manufacturing specialists if fda was not going to approve their covid drug next 2 weeks?
$SRNE Who hires manufacturers if their is nothing to manufacture. Huh... there’s your hint.. test approved? Soon.... pic.twitter.com/vMml7BRnSB
— Sack_exchange929 (@exchange929) August 9, 2020
rafa phone number. (307) 429-2029
New DD
https://www.bangkokpost.com/thailand/general/1953588/rmuti-steps-up-cannabis-research
to study and develop food fr Global Export and beverage, nutrition, wellness, lemongrass, skincare, cosmetic products and perfume that contain CBD; and to utilise the Bio-Circular-Green (BCG) economy model to study and improve hemp and Thai traditional herbs ??
hope it helps educate
try this link. dd rafa
https://tinyurl.com/ybp67zev
rafa. great due diligence
https://drive.google.com/file/d/1qyiowMyKXUwm-yjmTNAvwVYIIzh4Agy8/view
and my GUESS is it probably will go higher heck paso is trending on the stockcharts website cloud now wow