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Bullboard - Stock Discussion Forum Relevium Technologies Inc V.RLV.H

Alternate Symbol(s):  RLLVF

Relevium Technologies Inc. is a Canada-based company, which operates in the health and wellness industry with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets with a focus on e-commerce. The Company operates through two wholly owned subsidiaries,... see more

TSXV:RLV.H - Post Discussion

Relevium Technologies Inc > RLV $20,000,000 contract to supply
View:
Post by MaterialWorld on Sep 20, 2020 6:46am

RLV $20,000,000 contract to supply

critical PPE to the Canadian Health Care market starts this week for a period of 30 days. That's at least $20,000,000 ( $26.4 Million Canadian ) business in one month and this is only the initial contract. More world wide contracts to be aquired over the next few months. One or two more NR's like that and we won't be @ 5.5 cents for long. This is just the beginning folks. Looking forward to another very successful trading week...........MW
Comment by Rp1983 on Sep 20, 2020 10:38am
Yes! Also expecting news for the sales numbers of their hand sanitizer which sells on amazon, as well as potential school/govt contracts for their air purification systems. Keep the good news Comin :D
Comment by MichaelSilvia on Sep 20, 2020 7:01pm
This contract has not been priced in at all! There is huge accumulation happening and one day the SP will go parabolic IMO.
Comment by AlwaysSkeptical on Sep 21, 2020 11:22am
Notice a few items: 1. This is a distribution deal on a bid - usually the margin in these deals is 5-7%...assuming best case (10%), that's $2 million in margin. 2. They gave 10% CASH off the top as "commission" = $2m....there goes all the profit. 3. Every deal will issue 5% in warrants at 5 cents = For this deal, ~$1 million wall of warrants at 5 cents. This structure is ...more  
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