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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
Post by Jimpro63on Apr 08, 2020 12:33am
191 Views
Post# 30889177

Then came the "Infamous " Ceo "letter to shareholders lol

Then came the "Infamous " Ceo "letter to shareholders lolCEO Steve Marshall Message to CUV Ventures Corp ShareholdersAt this important juncture, in which I feel we are crossing into a psychological Phase 2 of CUV’s future, I have decided to address frequentand, sometimes abundant, comments I have received and, read, during the recent past,in thissingle solemn statementto all shareholders.First and foremost, it has become apparent to me that there appears to be an investor philosophy,on the junior or ventureexchanges,in which,officers of a company should or even, must, hold significant equity positions in the companies they manage. For the record, I do not subscribe to this, in my view, anomalous philosophy  for,  what  I consider,obvious  reasons.  Firstly,  the entire  premise of  free-market  economics and, the very emergence of publicly quoted companies, since the days of The Dutch East India Company, aligns itself to theconceptand, upon the underlying premise,thatthe majority of a company’s equity be in  the  possession  of  public  shareholders.  This  junior  exchange beliefthat,listed  companies  should  be quasi-private in nature,hinting at massive insider holdings, appears to be contrary to macroeconomics, commonlogic and, the very underlying principlesof public equity marketsand/or free market economies. I also believe that the failure to adhereto these free market principals,placesin perilcertain aspects of transparency  and,  public  shareholder  controland,  if  the  business  happens  to  be  retail  in  nature, unwelcome massive  insider  holdings,squarely  place  shareholders  at  a  disadvantage. Due  to  the aforementioned,I  cannot and,  have  never, subscribedto  a  philosophy  or,notionthat,  for  a public company  to  become efficaciousor  credible,the  officers  must  be  holding disproportionatevolumesof publicly trading shares. Likewise, I see the espousalof this philosophyas an investing anomaly, due to its incompatibility  with  the  stock market as a whole.The world’s largest public companies, quoted on the most prestigious exchanges, do not adhere to this quasi-private shareholder concept, seemingly rampant on Venture orJunior exchanges and, while I am the CEO of CUV, I will not subscribe to, what I consider, an  erroneous requisite.While  my  previous  escrow  restriction  may  have  confused  shareholders  into assuming that I advocate this thinking, this forced adoption to which I was subjected, does not and, has never, coincided with my personal beliefs as theofficer of a publiclyquoted company.

https://www.docdroid.net/XNkscSI/steve-marshall-message-to-shareholders.pdf

Tim Fernback ( supposed ex cfo ) was my next due diligence essay here ..  his career all began back in Dec 2016 for this venture trading symbol.

Bullboard Posts