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Bullboard - Stock Discussion Forum 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... see more

TSXV:REVO - Post Discussion

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Post by Wally41 on Apr 21, 2023 5:00pm

Share #'s

That is the thing that bugs me about this whole process. Why in the world would he sell 20 million shares off and then get the prices to drop to make the company less viable. I think that is a big question we need an answer to. I don't think a lot of shareholders were too happy when the price started plummeting in front of their very eyes prior to our so-called deal
Comment by Toldyouso45 on Apr 21, 2023 5:06pm
You will have certain people tell you it was because of a margin call ... even if one was to believe that, if such a great deal is imminent, it makes no sense to offload 20 million shares, SM could easily have got a loan to cover the so called margin call ... especially if such a massive deal is about to happen ... 
Comment by Briggsie1 on Apr 21, 2023 5:11pm
I'll let you in on a little secret. But don't tell anyone else . The shares were transferred from one fellow to another. Please please don't tell Carlo. 
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