RevoluGROUP Canada Inc V.REVO

Revo is WAY overvalued

[TheREVOlution]

Per their quarterly financials they were only bringing in about $30,000 net revenue to pay the bills per month and losing $350,000 per month.  I'd imagine they are running very low on cash after just doing that $1.5 million private placement 4.5 months ago because as of Nov. 30th they only had about $500,000 left.   They will have to try and mine shareholders once again to continue surviving and any hope of the repetitive talk of increasing revenues is just a pipe dream that could take years, if ever, to accomplish. No magical switch here and they are becoming more out-of-date compared to the established competition with each passing month.

[TheREVOlution]

Actually it was about  $700,000 cash they had left as of Nov. 30th, sorry for the error but still means by the end of February cash on hand will be looking very grim here.

[TheREVOlution]

You can't compare Revo with mineral exploration Companies ...geez ; of course they don't have revenues. Revo is supposed to be some super duper financial institute that doesn't even offer chequing or savings accounts and will never be able to give loans. Face it, they've only survived for the past 8 years off of private placements and options on the backs of gullible investors and

[Vision360]

How does a business run like this spend so much money every month? 

[TheREVOlution]

Revo's usable net revenue was higher back in 2017; almost 7 years ago and now they are just a dinosaur that is out of date and doesn't even have any money to keep up with the technology that even mom & pop money transfer outfits use. Probably why they have next to no users.

[TheREVOlution]

I'll wait til  tomorrow evening to give the surprise answer to the repetitive question some poster is trying to bully me about..lol  . It will be good

[TheREVOlution]

Go figure this little Revo venture outfit is only bringing in $30,000 per month to pay the bills and losing $350,000 per month after 8 years in business ?  It's a joke as they can't even afford to update their own website as it's so out of date they are still promoting " With a planned membership of 1 million by 2020"  for their RevoVIP travel failure

[TheREVOlution]

Glad a certain someone watched all day for my posts..lol   Revo used to get their Visa cards issued through Pecunia and that ended badly as they had to cancel the few cards they ever issued.  Revo doesn't even have a direct deal  with Visa as someone's trying to proclaim ; they went through Aevis Europa of Spain as a sponsor for them or they would never have gotten

[TheREVOlution]

Do you realize why Revo is so out of date and just a follower ? Their old supplier of their Visa cards ( Pecunia) launched Visa Direct back July 2022, almost 2 years ago  " The Spanish Fintech will be the first company to provide the person-to-person Visa Direct service in Spain. This sees it joining the ranks of 70 other financial institutions in Europe that already have this