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Bullboard - Stock Discussion Forum RevoluGROUP Canada Inc V.REVO

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

RevoluGROUP Canada Inc > Remember the Ceo of Revo worked all last summer on this!
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Post by TheREVOlution on Jul 25, 2023 8:57pm

Remember the Ceo of Revo worked all last summer on this!

Quite the non-accomplishment...lol   ..  From " Canadian Fintech RevoluGROUP targeted in the heated M&A takedown " Oct 22,2022

To: just a .29 cent private placement Apr 26,2023 which is clearly not happening

Then: a 12.25 million, .13 CENT per share option issuance May 11, 2023

Now: .08 CENT shares being issued to pay employees in lieu of cash 20th of this month.

Does anyone else with a brain see the BIG RED FLAG ?

Comment by TheREVOlution on Jul 25, 2023 9:30pm
What's coming next for this BIG RED FLAG venture outfit ? A huge .05 CENT private placement seems to be indicated here and soon. Revo is in dire straits and need money to continue as a going concern 100%; pumper's conjecture and hot air won't pay the bills.
Comment by TheREVOlution on Jul 25, 2023 10:52pm
Yes, definitely seems like an extreme desperate deflection attempt going on here. The Revo flower petals being thrown around here don't put any near term cash into Revo's bank account so it's becoming more obvious that a dilutive, cheap private placement in the works.   20 million shares at .05 CENTS just to survive another 6 months ?
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