FINGERMOTION INC – FNGR OTCQB – BREAKOUT ALERT
This China Mobile Payment Company has surged with its shares soaring ten-fold since late May when the shares traded at $0.31 cents . Traders were quick in picking up this thinly traded stock.
Technically a second BREAKOUT leg will emerge when these shares move above the $3.50 level , heading towards its next resistance area in the $7.00 – $8.00 range .
With a world class investment banking firm SternAegis in charge of FingerMothin’s investment banking activities we look for more positive news in the near future . We urge all serious investors to immediately place these shares on their BUY LIST
FingerMotion Engages SternAegis Ventures as Financial and Strategic Advisor
New York, New York–(Newsfile Corp. – May 15, 2020) – FingerMotion, Inc. (OTCQB: FNGR), a mobile payment and recharge platform company, is pleased to announce that it has engaged SternAegis Ventures to act as its exclusive financial and strategic advisor on a variety of matters including accessing the capital markets and potential merger and acquisition opportunities.
“Garnering access to potential capital market opportunities is always a challenge for a growing business, even one such as ours which operates in an exciting space,” said CEO Martin Shen. “We expect our relationship with SternAegis Ventures will provide access to new avenues for the creation of shareholder value.”
“Our telecom team looks forward to working with FingerMotion. We are excited about the company’s unique product positioning within China, the world’s largest mobile telecom market,” Adam Stern, CEO, SternAegis Ventures commented.
About SternAegis Ventures
SternAegis Ventures is the Private Equity Investment Banking Division of Aegis Capital Corporation. SternAegis partners with entrepreneurs and early stage companies to bring ideas to life, endeavoring to create brands with long-term investment value. SternAegis attempts to identify ‘the next big idea’, and then endeavors to add value through its expertise in among other things capital formation and the introduction of strategic relationships.
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 looks to serve over 1 billion users in the China market and eventually expand the model to other regional markets.
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