DALLAS, TX and MUMBAI, INDIA--(NewMediaWire - Feb 28, 2017) -
MoneyOnMobile, Inc. (OTCQX: MOMT)
announced today that it has hired microcap author, analyst, and
investment banker, Steve Kann, to lead its Corporate Development
efforts. Steve is also the author of "Microcap Magic: Why the
biggest returns are in the stocks you've never heard of" an Amazon
#1 Bestseller in the Investing/Stocks category.
Harold Montgomery, CEO of MoneyOnMobile, said, "We are thrilled
to have Steve bring his passion and experience to our business
development efforts. Steve has successfully executed on a wide
variety of roles in the microcap world. We believe his deep
understanding of the microcap space, along with his extensive
personal network, will help us grow our business."
Prior to joining MoneyOnMobile, Kann spent approximately 25
years as an investment banker at Bridgewater Capital as well as
other investment banking boutiques. Steve has completed more than
$300 million transactions in his career such as mergers and
acquisitions, IPOs, pipes, and private placements.
About MoneyOnMobile, Inc.
MoneyOnMobile, Inc. is a global mobile payments technology and
processing company offering mobile payment services through its
Indian subsidiary. MoneyOnMobile enables Indian consumers to use
mobile phones to pay for goods and services or transfer funds from
one cell phone to another. It can be used as simple SMS text
functionality or through the MoneyOnMobile application or internet
site. MoneyOnMobile has more than 325,000 retail locations
throughout India.
Safe Harbor Statement
This release does not constitute an offer to sell or a solicitation
of offers to buy any securities of any entity. This release
contains certain forward-looking statements based on our current
expectations, forecasts and assumptions that involve risks and
uncertainties. Forward-looking statements in this release are based
on information available to us as of the date hereof. Our actual
results may differ materially from those stated or implied in such
forward-looking statements, due to risks and uncertainties
associated with our business, which include the risk factors
disclosed in our Form 10-K filed on August 19, 2016.
Forward-looking statements include statements regarding our
expectations, beliefs, intentions or strategies regarding the
future and can be identified by forward-looking words such as
"anticipate," "believe," "could," "estimate," "expect," "intend,"
"may," "should," and "would" or similar words. We assume no
obligation to update the information included in this press
release, whether as a result of new information, future events or
otherwise.
Web site: http://MoneyOnMobile.in.
Twitter: https://twitter.com/MoneyOnMobileIR
Facebook: https://www.facebook.com/MoneyOnMobileIR/
LinkedIn: https://www.linkedin.com/company/MoneyOnMobile
YouTube: https://www.youtube.com/channel/UCxqO4N1z9acnQmEysjqfBaQ