TSXV:RLV.H - Post by User
Post by
AlwaysSkepticalon Mar 25, 2021 9:32am
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Post# 32874255
The first 3 months of 2021 for RLV: a retrospective
The first 3 months of 2021 for RLV: a retrospectiveTo help everyone step back and really take a hard look at what you're either invested or considering investing in, here is what RLV's leadership has delivered in the first 90 days of 2021:
- a DISASTROUS financial filing in January, with revenues down 90%, ZERO PPE revenues, and a delay in repaying $2 million in debt that was owed...oh, and yet another $500k in investor money burned through;
- A PUZZLING, disjointed conference call in February, where no plans for how the company's continued losses and consulting fees would be funded was shared, vaccine distribution was the new PPE "strategy", and disclosure that their one PPE deal from July 2020 had yet to be fulfilled;
- A PATHETIC admission in March that it would receive gloves end of April at the earliest, while trying to hide it within an "exclusive distribution agreement" with a small Thai manifacturer that means absolutely nothing when held by a company with no distribution facilities, no sales team, and no customers.
Can someone help me understand how ANYONE who isn't paid by RLV can actually say something positive about this company? This is complete and utter failure!!!