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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 has hired world class
View:
Post by MaterialWorld on Nov 08, 2020 6:13am

RLV has hired world class

Audit, Tax and Consulting Service firm RSM Canada LLP. Wow, great choice Aurelio. Globally, RSM is in 120 plus countries with 43,000 professionals, 800 offices and 5.1 Billion Dollars in Global fees. 
RSM is also a Global financial and risk advisory firm consulting clients in management, technology and business transactions.

Only one reason RSM has been brought on board....It's Show Time......MW

Please do your own DD. Just sharing some of mine with this board..GLTA
Comment by MichaelSilvia on Nov 08, 2020 10:50am
Agreed. A small Quebec firm was okay when the company was doing small business. The PPE changed that, which will show up in the results in a couple quarters. In the meantime, huge buying opportunity IMO
Comment by MaterialWorld on Nov 08, 2020 6:00pm
I truely believe that Mr. James Mansour is at the helm of this thing. Gotta give Aurelio a high five. RSM is on board because sumthin big is going down. Why else would they be on board ???  These folks don't play games. RLV is going global and we're at the right place/investment at the right time. RSM is now orchestrating  our new found Global market connections.    ...more  
Comment by MichaelSilvia on Nov 08, 2020 6:50pm
The new audit firm is much bigger, and is the Canadian arm of RSM International, which reaches 120 countries with 41,000 members. We are in good hands. I look forward to the coming days/weeks.
Comment by AlwaysSkeptical on Nov 09, 2020 10:01am
HAHAHAHA - you are so wrong here! Sources at the prior audit firm said they FIRED RLV for non-payment...do you hear that?  This was not a choice - RLV is such a horrible business they can't even pay their auditors on time. And, what "material" (pun intended) thing can you point at that James Mansour has done, other than get more warrants from Aurelio to dilute your upside ...more  
Comment by Chas15 on Nov 09, 2020 10:15am
Saying "sources reported" is just ludicrous. Either post the sources or don't mention it, that just hurts your credibility. Who are you so called sources? Lol post some evidence.
Comment by AlwaysSkeptical on Nov 09, 2020 12:17pm
Chas, I do my own research, and can attest, hence why I'm willing to go short (which, as you know, is very high risk).  Your personal network is how you gain insights into what's really going on, and I would be stupid to burn my sources on this wacky board...however, to be clear, I have seen documentation, so it wasn't just some drunk junior staffer spouting rumors. The simple ...more  
Comment by Chas15 on Nov 09, 2020 12:25pm
No offense taken. It's just odd that a company would switch from a small time audit firm in Quebec to now an international firm 100x the size cause they weren't paying their bills to said firm...No offense but if you are able to figure out why they switched firms then I think the new firm would have a bigger outreach than yourself. Just my two cents on that matter.
Comment by Chas15 on Nov 09, 2020 12:29pm
I think there's numerous downsides to this play but I don't think them switching from a small time auditor in Canada to an international auditing firm with thirty thousand employees is the one to pick at. It just doesn't make any sense. 
Comment by AlwaysSkeptical on Nov 09, 2020 4:37pm
Believe or don't believe - but, if you've ever worked or invested in public companies, changing auditors isn't typically something that you do annually like RLV does...that is a red flag. And, when you're a cash-burning company at risk of bankruptcy, with very limited revenues, why would you "trade up" to a larger, multinational audit firm that is likely much more ...more  
Comment by Chas15 on Nov 09, 2020 4:53pm
Well that's what a lot of people are waiting to get answered now isn't it? I believe if RLV was truly on the verge of bankruptcy then we'd see some insider selling, which is literally the only positive thing I have to say about RLV. Insiders hold a large portion and have not sold any. I find it hard to believe what you are stating regarding the auditors and not being paid. As you' ...more  
Comment by AlwaysSkeptical on Nov 09, 2020 6:12pm
I'm definitely a schmuck trying to make it big, you've got me there.  However, that isn't mutually exclusive to me being "that high up"....maybe I got burned believing this leadership, and now find some joy shorting it when I can, and trying to save the potential suckers from losing their time/money when I can't. Either way, made a ton of money today on the real ...more  
Comment by AlwaysSkeptical on Nov 09, 2020 8:41pm
When they defaulted on the timely filing, their insiders are now BARRED from trading...so they cannot sell.   The majority of insiders only have warrants/options, and are underwater.   Many of the others are faced with abandoning at large losses, or riding out a 3c stock with the hope it may rebound...this horde has followed its downward spiral believing Aurelio's BS and spin... ...more  
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