RE:RE:brutal financials...Are the " Insiders" lining their friends and family members pockets with these suspicious business transactions stated in yesterday's 2019 full year financials ???
Makes COMPLETE sense for the INCREASING LOSSES year-over-year and ALL the Insiders selling their shares .
International Business and Travel Opportunities LLC (“IBTO”)
The Company acquired a 19% interest in IBTO, a private Florida based travel agency. As consideration under the
agreement, the Company issued 500,000 shares valued at $10,000 and paid $10,000. Subsequent to May 31, 2019, the
Company sold the interest back to IBTO for $Nil, resulting in a loss on investments of $20,000.
Third Circle Publishing LLC (“Third Circle”)
The Company acquired a 5% interest in Third Circle, a private Florida limited liability company and Miami-based
publisher. As consideration under the agreement, the Company issued 500,000 shares valued at $77,500 and paid
$50,814. Subsequent to May 31, 2019, the Company sold the interest back to Third Circle for $Nil, resulting in a loss
on investments of $128,314.
THCG AND TECH LLC (“THCG”)
The Company acquired a 10% interest in THCG, a private company incorporated in the State of Delaware. The
Company issued 468,750 shares valued at $96,094 and paid $19,632. Subsequent to May 31, 2019, the Company sold
the interest back to THCG for $Nil, resulting in a loss on investments of $115,726.
Duales Inc. (“Duales”)
The Company acquired a 10% interest in Duales, a private Ontario company that specializes in Caribbean remittances.
The Company issued 500,000 shares valued at $102,500 and paid $20,000. Subsequent to May 31, 2019, the Company
sold the interest back to Duales for $Nil, resulting in a loss on investments of $122,500. Jimpro63 wrote: 2017 revenue : $2,576,692 LOSS : ($1,216,544 )
2018 revenue : $1,618,296 LOSS : ($3,104,440 )
2019 revenue : $724,837 LOSS : ($4,222,015 )
Do things look like they are improving ???
Ceo Anthony Stevie Marshall's 2019 NET INCOME : $ 6,000,000 Million dollars lmfao
And big PUMPER fail by the "Cult Leader" JatCee123 lol
@00trini Jaytee please do not respond to my posts, you have me blocked. But if you really want to talk about embarrassing how about this index pump post of yours?
"@jaytee123 Hot take: we will be the only Canadian publicly traded company with a PSD2 open banking license for RevoluPay, all divisions launched with marketing and some partnerships revealed, and be trading on the TSX by the time this conference call starts in September thezoobadooba wrote: If I wasn't well versed in this company and what they have done and will continue to do, I'd say these results are a complete joke. Declining revenue year over year. No way in hell anyone touches this until we have a reason to believe this company can grow.