CEO of MOBI724 Increased Stake in Company to 13.1%

MOBI724

The CEO of MOBI724 Global Solutions Inc. (OTC:MOBIF), Marcel Vienneau, exercised all his vested stock options before the expiry date of December 4, 2017.

Vienneau exercised all 300,000 stock options at $0.15 per share. The CEO, already the stakeholder with most owned stock in MOBI724, has now increased his total stake to 13.1%.

“As the Company’s largest individual shareholder, I am totally focused on creating shareholder value,” said Vienneau of his move. “With all the significant achievements so far in 2017, I am extremely bullish in relation to the Company’s future. I am confident that Q4 2017 will be our highest revenue quarter yet and that 2018 will be Mobi724’s break-out year.”

He further noted that “[t]he Board of Directors and management, who together own more than 33% of the Company’s stock, share my excitement.”

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About the author: Samara graduated from Simon Fraser University with a BA in English, minoring in Publishing and Creative Writing. One day she hopes to publish her very own novel, but in the meantime, she contents herself with blogging and editing. She currently specializes in writing financial news and analysis, as well as cryptocurrency news and information.