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RevoluGROUP Canada Inc V.REVO

Alternate Symbol(s):  MPSFF

RevoluGROUP Canada Inc. is a Canada-based multi-asset, multidivisional payment services directive 2 (PSD2) central bank licensed company. The Company is deploying advanced technologies in banking, mobile apps, money remittance, cross-border forex payments, mobile phone top-ups, e-gaming, healthcare payments, e-sports, invoice factoring, online travel, vacation resort, blockchain systems, and fintech app sectors. It operates through various segments, namely Travelucion S.L., RevoluPAY S.L., RevoluVIP International Inc., RP Payments S.L., RevoluCHARGE, RevoluEX, RevoluEGAME, RevoluSEND, RevolUTILITY, RevoluPOS, RevoluREALTY, RevoluVIP, RevoluGROUP USA Inc, and RevoluFIN Inc. (Panama). Travelucion S.L. is a licensed tour operator facilitator of RevoluVIP travel to +130 countries. RevoluPAY S.L. is a European Union (EU) PSD2 Licensed Neobank, a remittance and payment app designed as a payment platform. RevoluEGAME offers video games and credits.


TSXV:REVO - Post by User

Bullboard Posts
Post by grosdavidon May 12, 2020 5:26pm
141 Views
Post# 31019333

Never had a position in REVO, was watching it

Never had a position in REVO, was watching it

Traded for the past two weeks. I still have trouble understand what REVO holds that could potential be a need in the LT for everyday use. I think we can all say that all types of electronic, virtual, non-cash payment is the future. With what is happening with COVID19, cash will really be reconsidered.

Close to 80M$ cap, I really found this overvalued because it didn't have any anything concrete. For the starters, always be careful..don't be greedy when you see this roll from 0,36$ on last Thursday to 0,66$ yesterday. Today was a real big correction, just be intelligent and don't let greed take over.

Looking forward for any update this week which would determine if I buy a position or not. 

Regards,
David
 

Bullboard Posts