Post by
TheREVOlution on May 27, 2024 1:02am
Looking forward to another day of REVO comedy
Based on my numbers supplied by Revo on SEDAR and SEDI between 2015 to 2023; Revo has only brought in a total of $ 2,229,074 to pay the bills (gross profit they call it ) They lost....$23,353,266 over the same time period AND Steve Marshall the Ceo for the same time period personally pocketed $16,691,791 . Why do you think Steve Marshall wants to come back ? It was a personal money printing machine for him from the gullible investors that believed his promotions in my opinion. I personally flipped this several times over the years noticing his trends, but now with all those tens of millions of .05 cent shares out there it will be very tricky and probably not worth the gamble because that's all this little venture stock is IMO.
Comment by
TheREVOlution on May 28, 2024 7:54pm
So what someone is stating is that Revo is only making between 0.25 > 0.50 % on the transactions they do and then losing almost another 40% > 50% of that to pay cost of services and banking fees. Sounds like a terrible business idea and would need about 70 of these so called white labels to even break even.
Comment by
ewandf on May 28, 2024 10:16pm
Solid point. Need another 1200 wl's I guess, and with the average of getting 1 wl every couple of years...