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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 Masterblaster24 on Aug 09, 2024 8:28pm

MOU Revo

there is no way to know what's in the MOU since we have not seen it. We don't know which sections are binding versus non-binding. I suspect very few provisions are binding since the dealer requires TSXV approval and shareholders approval. The next step for the company is to file the MOU with the exchange and seek their blessing. I suspect they won't get it because it is such a weird deal outside the rules and policies(pp in phases never had that before or heard of it) I suspect the MOU and news-release were not drafted by a securities lawyer. I suspect we will see a completely new structure after they've had a chance to talk to the exchange. Amateur city really. What a blast wink lol
Comment by Jaytee123 on Aug 09, 2024 11:22pm
This post has been removed in accordance with Community Policy
Comment by Masterblaster24 on Aug 10, 2024 7:06pm
What do you mean ? 
Comment by Masterblaster24 on Aug 11, 2024 4:04am
Hello all. For those who have participated in pp know that the exchange has certain parameters that must be met before the exchange approves anything. It is pre mature to think or say that a DA will be signed until such time that the exchange approves the pp/mou. Anyone claiming that a DA will be signed this week is grossly misleading themselves and others. Do your own due dillegemce and you will ...more  
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