|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0510 - 0.0510|
|52 Week Range||0.0300 - 6.7000|
|Beta (3Y Monthly)||2.41|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.76|
First, let me say how much I appreciate your commitment to MoneyOnMobile, Inc. and our mission to build a world-class payment business serving the un-banked and under-banked population in India. Recent events in India have - for the time being at least - taken that vision away from us.
DALLAS, TX and MUMBAI, INDIA / ACCESSWIRE / August 22, 2018 / MoneyOnMobile, Inc.(MOMT) announces that it is terminating its rights offering and returning funds to investors. MoneyOnMobile's escrow agent received gross proceeds and subscriptions of $7,417,818 into escrow from 218 investors. Upon closing of the rights offering, the Company would have issued to these investors 1,236,303 shares of its common stock.