TSXV:RLV.H - Post by User
Post by
AlwaysSkepticalon Feb 01, 2021 9:56am
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Post# 32435388
Dow/Nasdaq/Dax/CAC/Nikkei and most stocks UP this AM
Dow/Nasdaq/Dax/CAC/Nikkei and most stocks UP this AMYet RLV sinks back to 3 cents. Was 9 cents a year ago.
What has changed: Revenues down 67%; all cash burned; No sales from new products; no funding.
MaterialWorld and the other CEO.ca minions have a new tactic: maybe a short squeeze will save us!
The issue: short interest is not high. What is high is the number of shares:
In the past 12 months, Aurelio has issued over 60 million new shares, and 65 million warrants. What is there to show for it? Nothing, since all the cash is gone, and the company performance is worse than ever.
There are two to blame for this: Aurelio by title...and the shareholders, who have allowed their emperor to pillage their coffers while they look away to the sky, hoping for a better tomorrow.
Stop being sheep and take ACTION! What are you waiting for, for 300 million shares outstanding? 100 million warrants at 3-5 cents to block any chance of profit?