TSXV:RLV.H - Post by User
Post by
AlwaysSkepticalon Feb 25, 2021 9:38am
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Post# 32656633
Why RLV is “stuck” at 3 cents:
Why RLV is “stuck” at 3 cents:1. It is under a Cease Trade Order for multiple defaults
2. It is out of cash, and has stated that it will not break even for the next twelve months
3. It has declined in revenues for years, and had a record loss in its last Fiscal year
4. It has not issued a SINGLE positive news release in 160+ days.
5. IT has no working Board of Directors
6. It has no actual employees to drive business
In conclusion: it's not "algorithms", "AI", or anything other than one single thing:
THERE IS NOTHING GOOD ABOUT THIS COMPANY to invest in.
I'm actually surprised it is still trading...for now.