Relevium Technologies Inc V.RLV.H

YAWN….Still can’t Pay their bills

[AlwaysSkeptical]

So the Three Stooges (Material, Swint and Fast Pie) have returned to demonstrate their utter lack of knowledge.

Alright, so here's the 101 of how business works:

1. If you are a company that burns $2+ million a year; 
2. And you "win" contracts of $16 million at 12% gross margin;
3. Which will increase OPEX so your burn rate goes even higher:

YOU STILL ARE NOT ABLE TO PAY YOUR BILLS, and will dilute your shareholders further by needing to raise millions at 2 cents...for those not great at math, that's 50 million shares of dilution for every million raised, with the requisite additional number of warrants.

For a Christmas bonus, a little reflection on stock price, which you can try to BS but that's all that matters:

RLV traded at 3.5 cents at the start of the year, and is now at 2 cents.

So, this will be the fourth year in a row where it ended lower than it started:

2018: Started at 25 cents...ended at 10 cents
2019: Ended at 3.5 cents
2020: Ended at 3.5 cents
2021: Currently at 2 cents

Accountant supposedly bought 1 million shares at 2.5 cents...so he's hoping to get out at breakeven ("Please Santa, just let me recoup my funds before my wife finds out!").  Material and Swint were hawking this POS at 5 cents, so they'll never make theirs back.

Suckers never learn.

Oh and PS: Remember that AIP has over 200 MILLION shares they will dump at/above 2 cents...good luck selling into that mess.