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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

Comment by Shutch1958on Jun 24, 2023 10:40pm
29 Views
Post# 35513305

RE:RE:RE:This thing has tanked since Mar 16, 2023 when >

RE:RE:RE:This thing has tanked since Mar 16, 2023 when >That's actually very fair. I think this was pumped up as well. regarding management unloading, I mentioned earlier that if the SP stayed around 0.40, they wouldn't have been able to close a PP at 0.29 due to exchange rules. A 25% discount is the most allowed. This leads me to believe that although it was pumped up, the PP closing at 0.29 is a possibility. I think Erik knows that if this closes at 0.29, it can easily top that in a short time frame. Also, if he's named the new president he will get a load of the 0.13 options. That's already motivation for him to bring SP past 0.29 as it doubles the value of his options and is easy money. With the SP sitting this low, I have no doubt shareholders will also vote in favor of this PP and the change of control because it's an obvious life line and much needed. if we were sitting at 0.30, a vote for a change of control and massive dilution at 0.29 would have been laughed at. 
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