MoneyOnMobile Inc (MOMT)

[MarcusAralius]

https://www.otcmarkets.com/filing/html?id=14165591&guid=SlxHUnryFkXHl3h

"As compensation, the Company received a Promissory Note, whereby the Company will receive $22,313,677 worth of LI Ventures common shares"


BUT MORE IMPORTANTLY, this all tells the tale here

"WHEREAS, MOMT is the majority shareholder of an Indian company named Digital Payments Processing Limited (“DPPL”);

WHEREAS, there exists an Indian company named My Mobile Payments Limited (“MMPL”);

WHEREAS, MOMT directly owns 587,163 nos. of common stocks reprinting eight point one seven percent (8.17%) ofMMPL, and DPPL owns 302,800 nos of common stocks representing four point two one percent (4.21%) of MMPL;

WHEREAS, , LI Ventures is the majority owner of an Indian company named LI Digital Payments Pvt. Ltd. (“LI Digitial);

WHEREAS, LI Digital purchased fifty point four percent (50.4%) of MMPL from a variety of shareholders of MMPL; "




LI Digital has much to gain from MOMT stock doing poorly right now. And they have paid others to drag MOMT's name through the mud in an attempt to do so.