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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 > Hahaha deja vu with Revo excuses once again
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Post by TheREVOlution on Aug 08, 2024 12:56am

Hahaha deja vu with Revo excuses once again

What happened with the last MoU Revo had with Erik Aaron Lara Riveros starting back from October 2022, .  The exact same thing.

It's continuing to be an ongoing joke here, yet newbie investors continue to fall for it ?

Yesterday's Revo update on LinkedIn : 

We have signed an extension of the MoU until August 13, 2024. Since the signing of the MoU we have been sharing a series of documentation necessary for the signature of the definitive agreements but do to the tight calendar there has not been enough time to finalize those agreements and documents in order to be reviewed by lawyers and compliance from both parties, therefore, both parties we have decided to extend the deadline to the mentioned date. "

Revo doesn't even have money to pay for a lawyer ..lol

Comment by TheREVOlution on Aug 08, 2024 3:08am
 The carrot dangling seems to be continuing from Oct. 2022 Revo stated it would take too long to get the full $7 million PP approved or completed and they were in a desperate state to receive an " immediate" cash infusion. Now they are making excuses to even get 3.8 million warrants transferred and exercised ? " beginning with an initial tranche of 3,843,750 warrants that ...more  
Comment by TheREVOlution on Aug 13, 2024 12:27am
Revo has to start getting their story straight and quit looking amateurish. On July 05, 2024 they announced a Private Placement of 7MM CAD in cash from Meridien Holdings Inc. whose director is Mr. Erik Aaron Lara Riveros who previously reneged on a binding MOU for a $12.47MM Private Placement over a year and a half ago ( re: HBDIG Technologies GmbH which is now defunct ) Now based on @goodwill ...more  
Comment by Masterblaster24 on Aug 13, 2024 12:53am
This is troubling for Revo and share holders. 
Comment by TheREVOlution on Aug 13, 2024 2:00am
This Payment Plan ( PP ) contrived by Revo and this suspicious Erik character seems to be a system of share flipping in my opinion. ( Flip and reinvest scheme if you get the idea )   Shareholders better hope that Erik Aaron Lara Riveros  has to immediately start filing SEDI reports if this suspect mess ever goes through.
Comment by G00DWill on Aug 13, 2024 2:49am
Indeed, this is precisely why the Payment Plan (PP) has been proposed—it's all smoke and mirrors. Meridien, which was incorporated on June 24, 2024, is essentially without funds. This poorly conceived scheme permits retail investors to continue subsidizing management salaries, as they have been doing for the past eight years. Meridien's approach involves investing small tranches, selling ...more  
Comment by TheREVOlution on Aug 13, 2024 11:22pm
Supposedly Revo not even responding to their most loyal shareholders now : https://cdn-ceo-ca.s3.amazonaws.com/1jbo1qp-IMG_2544.jpeg
Comment by TheREVOlution on Aug 13, 2024 11:42pm
Most likely the reason for the big sell-off today down 23%
Comment by TheREVOlution on Aug 14, 2024 12:13am
100% there should be a public News release issued by Revo today through the regulated channels or you'll know why the the stock price dropped so much today and over 3X the average volume. Revo not replying to long-time shareholders on LinkedIn another very bad omen
Comment by TheREVOlution on Aug 14, 2024 12:34am
Did anyone see the "prop" bids yesterday ? The Revo crew were trying to put up a fake wall so the stock price wouldn't crash which it would have. We'll find out tomorrow the new "fluff" they'll come up with and if not, there is big trouble in Revo's imaginary paradise.
Comment by Masterblaster24 on Aug 14, 2024 9:37am
The details on Meridien/DK that were shared earlier this week are very concerning. 
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