NetworkNewsBreaks – FingerMotion Inc. (FNGR) Res
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Posted On: 08/03/2021 5:42:55 PM
NetworkNewsBreaks – FingerMotion Inc. (FNGR) Responds to OTC Market Request, Comments on Recent Promotional Activity
FingerMotion (OTCQX: FNGR), a mobile data and services company, announced that the OTC Markets Group informed the company that it had become aware of promotional activities in the United States regarding shares of FNGR’s common stock. OTC Markets requested FingerMotion comment on the activity. In the announcement, FingerMotion observed that the company was made aware of promotional activity encouraging investors to purchase FNGR stock the same day — July 28, 2021 — that OTC Markets had contacted the company. In response, and on the same day, FingerMotion released a press release regarding its application to have its common stock listed on the Nasdaq Capital Market. The company noted that certain promotional materials in the form of a newsletter had been prepared and distributed by parties the company was unaware of; FingerMotion was not involved in the activity and had no control over the newsletter content. According to the announcement, the company noted that it does not believe any information contained in the promotional materials was false or misleading. “However, it is possible that certain excerpts might be read as misleading and/or incomplete, and readers should not place undue reliance on the promotional materials,” the press release stated. “The company is not able to comment on information about the industry or the market as we cannot determine the accuracy or legitimacy of the sources. Specifically, the company does not condone the use of sensational language to describe the company’s business prospects or the growth potential of the company’s industry. The company notes that investing in the company’s securities involves certain risks and uncertainties which investors should review prior to making any investment decision.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
FingerMotion (OTCQX: FNGR), a mobile data and services company, announced that the OTC Markets Group informed the company that it had become aware of promotional activities in the United States regarding shares of FNGR’s common stock. OTC Markets requested FingerMotion comment on the activity. In the announcement, FingerMotion observed that the company was made aware of promotional activity encouraging investors to purchase FNGR stock the same day — July 28, 2021 — that OTC Markets had contacted the company. In response, and on the same day, FingerMotion released a press release regarding its application to have its common stock listed on the Nasdaq Capital Market. The company noted that certain promotional materials in the form of a newsletter had been prepared and distributed by parties the company was unaware of; FingerMotion was not involved in the activity and had no control over the newsletter content. According to the announcement, the company noted that it does not believe any information contained in the promotional materials was false or misleading. “However, it is possible that certain excerpts might be read as misleading and/or incomplete, and readers should not place undue reliance on the promotional materials,” the press release stated. “The company is not able to comment on information about the industry or the market as we cannot determine the accuracy or legitimacy of the sources. Specifically, the company does not condone the use of sensational language to describe the company’s business prospects or the growth potential of the company’s industry. The company notes that investing in the company’s securities involves certain risks and uncertainties which investors should review prior to making any investment decision.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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