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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

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Post by Jaytee123 on Aug 23, 2023 9:56pm

Hello

I am out enjoying the summer, and was waiting for newsflow to begin in order to make my return here.

I'll have to dig a bit deeper about the new temporary ceo and indulge the news further and go from there.  

I do like the direct Swift and SEPA part, and our own IBAN.  as many know we currently use bbva and caixa bank for these items.  

As I've been saying though, Revo isn't going anywhere.

We won't be delisted, we won't sell assets for $$, we won't sell the company as a shell.  (Ridiculous to even suggest).   I do wonder why this ceo is just temporary though.  I don't have those answers 

The company continues its path towards becoming an attractive piece for a large userbase, this is what we need to properly move forward.  

With that said, I respect and understand why some investors are angry.  The dilution is somewhat manageable, there won't be any rollback here anytime soon so don't expect that.  The share price will need to rebound in order for the shareholders (including myself who has all my shares still) to be satisfied   

I'll be back another day to discuss more, take care

Comment by PennyCrunch on Aug 23, 2023 10:03pm
Thanks Steve 
Comment by gunzod on Aug 23, 2023 11:26pm
Whale Oil Beef Hooked  !!!  ( here's Johnny, I mean JT ), who knew.  ??
Comment by MrForthright on Aug 24, 2023 10:39am
Finally some humility. Given the reaction by investors today, I think a massive rollback is on the horizon.
Comment by Jaytee123 on Aug 24, 2023 11:47am
No rollback , and you frame that as if it's a negative.   no point having a float with just 20 million shares trading, there would be a lot less liquidity.   banks have billions outstanding, they do just fine.   260 mil is very manageable.  Maybe someday, but not yet 
Comment by Jaytee123 on Aug 24, 2023 11:52am
Also, if all warrants are exercised the company will have 4.5 mil , plus options $$ plus possibly the 676k from HBDIG.  That's enough for about 3 years of runway assuming revenue remains the same.   I expect revenues to increase however, with the ultimate plan remaining the same: a large userbase integration,  and an M&A.  
Comment by PennyCrunch on Aug 24, 2023 4:10pm
HBDIG doesn't exist it's not an operating company .. when are you going to accept that... REVO will be getting nothing from HBDIG 
Comment by Wally41 on Aug 24, 2023 5:53pm
You tell him. JT should have known that
Comment by Vision360 on Aug 24, 2023 8:55pm
How many shares fully diluted after all that Nostrildamus? LOL