MOBETIZE CORP. (OTCMKTS:MPAY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02

DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF

DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY

ARRANGEMENTS OF CERTAIN OFFICERS.

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(b) Effective December 17, 2016, the board of directors of Mobetize Corp. (“Company”) accepted the

resignation of Elena Karamushko as the Company’s Chief Financial Officer, and Principal Accounting

Officer.

About MOBETIZE CORP. (OTCMKTS:MPAY)

Mobetize Corp. (Mobetize) is a financial technology (Fintech) company. The Company provides Fintech solutions and services that enable and support the convergence of global telecommunication and financial services providers (the customers) through its Global Mobile business to business (B2B) Fintech and Financial Services Marketplace (the Hub). The Hub provides among other things a mobile financial services (MFS) white label technology platform, including an individual MFS application program interface (API) consumption protocol to enable and support services, such as prepaid air-time and data top ups, international money transfers, P2P transfers, Visa/MasterCard programs, and bill payments on personal computers and mobile devices (the services). The Hub integrates with the Company’s Customers to offer the services to their subscribers and members (the users). Its technology solutions and products include smartWallet, smartRemit, smartCharge, smartBill, smartTel and smartCard.

MOBETIZE CORP. (OTCMKTS:MPAY) Recent Trading Information

MOBETIZE CORP. (OTCMKTS:MPAY) closed its last trading session 00.0000 at 0.0800 with shares trading hands.