TSXV:RLV.H - Post by User
Post by
AlwaysSkepticalon Dec 19, 2020 11:03am
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Post# 32146864
The problem with RLV
The problem with RLVIt isn't the auditors. It isn't the regulators. It isn't COVID, PPE or algorithms.
The reason RLV shares have done nothing but go down, the company will soon be bankrupt and it has been unable (unwilling?) to file its pathetic financials is simple:
It has NEVER delivered on a single commitment. Ever. Everything Aurelio touches turns to sh!t. BGX was a nice little e-commerce business before RLV bought it - then its revenue got cut in half.
Since then, nothing substantial has happened: LeadyLyfe is a joke, Bioganix line extensions have done nothing, Hand Sanitizer sales are an embarrassment, he wasted two years promising cannabis and all we got was smoke (pun intended).
And now, another promise broken. He has now held your money until at least Jan 15th....congratulations to all of the pumpers who said we would see financials this year, you conned more people on these boards into believing you and Aurelio.
For those even considering holding or buying RLV, ask yourself a simple question: WHY?
If you think PPE is a huge opportunity, invest in a successful PPE company. If you think e-commerce or neutraceuticals is a solid play, go find a company that has shown a track record. If you like the cannabis market, there are tons of public companies.
Stay away from RLV - it's a farce, an empty shell.