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RevoluGROUP Canada Inc V.REVO

RevoluGROUP Canada Inc. is a Canada-based multi-asset, multidivisional payment services directive 2 (PSD2) central bank licensed company. The Company is deploying advanced technologies in banking, mobile apps, money remittance, cross-border forex payments, mobile phone top-ups, e-gaming, healthcare payments, e-sports, invoice factoring, online travel, vacation resort, blockchain systems, and fintech app sectors. Its segments include Travelucion S.L., RevoluPAY S.L., RP Payments S.L. and RevoluSEND. Travelucion S.L. is a licensed tour operator facilitator of RevoluVIP travel to +130 countries. RevoluPAY S.L. is a European Union (EU) PSD2 Licensed Neobank, a remittance and payment app designed as a payment platform. Its RP Payments S.L. segment is engaged in management of revenue verticals, central bank approved crypto exchange and storage. Its RevoluSEND segment offers family remittances and money transfers up to 3000 Euros (or foreign currency equivalent) to 117 countries.


TSXV:REVO - Post by User

Bullboard Posts
Comment by Infirstmoneyon Apr 03, 2018 12:51pm
97 Views
Post# 27821662

RE:RE:RE:RE:RE:Where's it going now

RE:RE:RE:RE:RE:Where's it going now Just to clear up a few things. All talked about on the call.

Steve is in Canada clearing up a few things and getting the francise agreement "paperwork"  written up and printed. And getting Power of Attorney authority for it. He still hasn't signed up anyone. No grocery store or pharmacy as of now. Steve sounded optimistic.

Bank lending partner agreement is being worked on, no signed deal, hopeful to get done in a couple of weeks. As per Steve. But, but don't think a big bank wll sign-off on a deal with a penny stock, without getting a sweet deal. 

Bank License has NOT been granted or even approved yet. This is required. Anyone that knows about  Bank Licenses, knows that these sometimes can take a long time to get. It took Currency Exchange International over a year.

2 of 3 lending partners have been in "negotiations" for half a year with no deal signed. No sure thing. First one took 4 months or so.

2nd country still to be found. Talks continue. Absolutely need the second country to be on board before launch. The Dominican is often mentioned. Mexico the future, same as other countries. 

App is still being tested, still some time needed before it is ready. Same for the web-sites and associated platforms and apps. IN DEVELOPMENT

Asian Partner is talked about as a future meeting, not as a deal being close or signed. 

So yes, I am long, but only Jaytee and his magic potions and beans believe that it is only a week or 2 away. Steve said he wanted to build it for the long term and doesn't go by the stock price. Building a company that will last takes some time. I also would like it to go faster but that is not possible.
Bullboard Posts