Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Investorpigson Dec 21, 2018 1:04am
82 Views
Post# 29144674

RE:RE:RE:RE:RE:RE:RE:RE:RE:Question

RE:RE:RE:RE:RE:RE:RE:RE:RE:Question
Kermitthetoad wrote: I'll watch this closely but the balances of CUV are beyond brutal. In fact the company isnt making any money while paying huge salaries to its insiders and spending big money on consultation fees. In fact, the only money they're actually making is through selling shares. I'm assuming you all looked at these numbers. Does this not bother you? Is it also a possibility that the banking license could not come through? Good luck to all of you, but I dont know how they can justify paying themselves such high salaries while not actually making anything... Either way, I guess the next few months will be interesting


My understanding is they are a new company? Didn’t there first revenue stream start like this week?
If I go out and spend 50 million on building a mall for example. It takes me a year to build, I need to pay lawyers to get leases in place, consaultants to make sure everything is done right...I build a beautiful mall... have 100 spaces I’ve fully leased out at a premium...you pull my financials 4 days after tantants move in...it’s gonna show negative 50 million and no revenue...does that concern you? It shouldn’t, it’s a basic start up cost...that’s what’s happening here..from my lose understanding of cuv  
Bullboard Posts