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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 > Another day, another default...
View:
Post by AlwaysSkeptical on Nov 29, 2020 1:59pm

Another day, another default...

First, RLV missed the March filing...COVID was to blame (understandable?).

THEN, they defaulted on their full-year ending June filing October 27th - put them into a Cease Trade Order.

"But, but...COVID and new auditors!  We PROOOOOOMISE to file biweekly updates and then file our financials on or before Nov 28th"

They filed the first biweekly Nov 11th...nothing material, ergo no new business or funding.

Then they IGNORED the next biweekly deadline Nov 25th.

And now, SURPRISE: They missed a HUGE deadline November 28th of their full-year financials.

Have they just given up, and will put all of their shareholders in a COMPLETE TRADING HALT come this week?  


What a burning trashbin of a company...hopefully the securities regulators hold both management and whatever remains of the Board of Directors (Two left: Andre Godin and Michel Timperio) accountable for their BREACH OF DUTY to the shareholders.

Comment by Newborders on Nov 29, 2020 2:09pm
This post has been removed in accordance with Community Policy
Comment by Sweetime on Nov 29, 2020 2:29pm
They have until tomorrow, since November 28th was Saturday.  I think they are not going to do it, not because they don't want to, but...because they can Not . It is impossible for them to present something, unless they cheat. We wait. 
Comment by AlwaysSkeptical on Nov 29, 2020 3:12pm
I agree with 50% of what you said Sweetime:  1. They definitely cannot get an audit firm to sign off on their loose accounting; AGREED 2.  HOWEVER, their own PR said "on or before November 28th" a month ago.  They have achieved neither! Anyone still long RLV deserves to lose their money at this point...they have been given enough evidence at this point...ignorance is ...more  
Comment by whateveryousay on Nov 29, 2020 3:52pm
I dont think many people are long on this company but the risk reward is looking pretty bad at this point the on or before the 28th disclosure statement not being met is a very bad indication of how bad this company is run.I still hold my shares and not looking forward to tomorrow.
Comment by MichaelSilvia on Nov 29, 2020 6:32pm
"I don't think many people are long on this company" This is the dumbest statement I've read on here since I put Chas15 and all his duplicate usernames on ignore. Let me see. You were touting FDM at $1 two years ago when it was clearly trash. Now it's 9 cents and you don't like it anymore... Idiot.
Comment by FrequentBuyer on Nov 29, 2020 9:33pm
A lot of people with turkey brains here gunning for Turkey Of The Month. Watch how quickly they all scatter into the woods when the SP goes to 35 cents. Maybe they should all win a t-shirt that says Turkey Of The Month. And they can meet up once a year to talk about how they didn't buy RLV when it was 3 cents. And maybe take a course on how to buy low LOL
Comment by FrequentBuyer on Nov 29, 2020 9:52pm
Sweetime, the way you type I can tell you are using your beak on the keyboard and aren't looking at the screen enough. Your little feet have 3 toes each, which should be enough to get the job done while checking to make sure you don't use too many spaces or say anything too dumb.
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