MoneyOnMobile, Inc. (OTCMKTS:MOMT) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure
the impact of demonetization on the Company’s processing volume
and transactions. The press release is attached hereto as Exhibit
99.1.
information and exhibits attached hereto in this Section 7.01 shall
not be deemed “filed” for the purposes of Section 18 of the
Securities Exchange Act of 1934, nor shall it be deemed
incorporated by reference in any filing.
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Exhibit No.
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Description
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99.1
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Press Release: Processing Volume Growth due to
Demonetization |
About MoneyOnMobile, Inc. (OTCMKTS:MOMT)
MoneyOnMobile, Inc., formerly Calpian, Inc., is an early-stage company. The Company operates through the MoneyOnMobile segment, which is a mobile wallet service used to pay for goods and services from a mobile phone and to make other financial transactions. MoneyOnMobile allows consumers, to deposit funds into their mobile wallet or to perform a financial transaction through its agent network of approximately 313,541 retail locations as of April 30, 2016. Consumers use their mobile phones to make certain routine payments for utilities or to transfer currency to other consumers using text-messaging and mobile application technology. MoneyOnMobile offers electronic wallet services (M-wallet), similar to carrying a prepaid debit card, however using the consumer’s mobile phone. MoneyOnMobile has a multi-lingual application. By using this application, customers, through its agent network, can pay for goods and services and send money anytime and anywhere. MoneyOnMobile, Inc. (OTCMKTS:MOMT) Recent Trading Information
MoneyOnMobile, Inc. (OTCMKTS:MOMT) closed its last trading session up +0.040 at 0.500 with 12,653 shares trading hands.
