Full Alliance Group Inc. Releases a Letter from Ramon Richard, CEO of Grupo Richard

Full Alliance Group Inc. (OTCPK: FAGI) Releases A Letter from Ramon Richard, CEO of Grupo Richard. 

Los Angeles, CA -- January 10, 2018 -- InvestorsHub NewsWire 

With the objective of making the collection and payment of taxes more efficient, transparent and expedited for its citizens, On Comercio CEO, Ramon Richard states: "On Comercio will begin a pilot program in the Mexican state of Sinaloa in 2018with a subsequent rollout to other states." The first phase of transactions to be processed via the On Comercio platform includes motor vehicle related transactions, drivers licenses, registration related charges, letters of no criminal records, birth certificates, and property taxes, etc.

On Comercio is facilitating payments via its mobile and agile platforms and will be available in government offices and other conveniently located establishments to maximize the number of people who can take advantage of On Comercio's services. All transactions processed via the On Comercio platform are cost free to users.

In addition, On Comercio management is already in negotiations with other states and municipalities to be incorporated as a platform to handle the collections and payments of other various government agencies and services such as water, gas, electricity, and the recharge of cell phone minutes. Mexico's population was over 123 million in 2017, making it the 11th most populous nation in the world. Mexico also has the world's largest Spanish-speaking population, and is the second most populous nation in Latin America.

 

Sincerely,

Ramon Richard
CEO / Grupo Richard

 

ABOUT FULL ALLIANCE GROUP

Full Alliance Group Inc. is a multi-faceted company with current diverse investments in the United States and Mexico, focusing primarily on banking and point-of-service technology, construction, land development and distribution. Our greatest assets are from the recent acquisition of Grupo Richard, which has been valued at $286M by the David Riedel Group.

Once these strategic acquisitions are procured and integrated into the long term objectives of the company, Full Alliance Group, Inc. will provide investment capital, modern business practices and best-in-class management to cultivate and mature these companies to their greatest potential.

 

FORWARD-LOOKING STATEMENTS

This shareholder update may contain a number of forward-looking statements. Words and variations of words such as: "expect", "goals", "could", "plans", "believe", "continue", "may", "will" and similar expressions are intended to identify our forward-looking statements, including but not limited to: our expectation for growth, benefits from brand-building, cost savings and margins.

These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from those indicated in our forward-looking statements. Such factors include, but are not limited to: continued volatility of, and sharp increase in: costs/pricing actions, increased competition, risks from operating internationally, consumer weakness, weakness in economic conditions and tax law changes.

Source: Full Alliance Group, Inc.