Relevium Technologies Inc V.RLV.H

Alternate Symbol(s): RLLVF

Consumer Defensive Household & Personal Products

Relevium Technologies Inc. is a Canada-based company, which operates in the health and wellness industry with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets with a focus on e-commerce. The Company operates through two wholly owned subsidiaries, BGX E-Health LLC and Biocannabix Health Corporation Inc. BGX E-Health LLC markets dietary supplements, nutraceuticals, sports nutrition, and cosmeceuticals, primarily through its Bioganix brand portfolio online in the United States. It provides a Push & Pull System by Bioganix. Push & Pull System is a comprehensive natural anti-aging system for complete skin care that combines collagen protein supplements (PUSH) and naturally sourced aloe vera skin anti-aging cream (PULL).

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Relevium Technologies Inc > Where’s the big money Fast Pie?

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Comment by AlwaysSkepticalon Jul 15, 2021 1:07pm

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Post# 33552814

RE:RE:RE:RE:Where’s the big money Fast Pie?

James,

Appreciate you sharing your thesis. While I fundamentally don't see it playing out, I respect the rationale.

Food for thought:

1. Debtors took shares because they couldn't get cash without bankrupting RLV: they have negative cash burn of $500k/quarter.

2. H-Source is DOA, so this will not yield anything of substance for RLV. They have burned through millions, have no revenues, and have been incapable of producing fins since November 2020;

3. Bioganix USED to be a profitable, $4 million business...until RLV took it over.

Now, Bioganix is losing $2 million per year, revenues are down 80-90%, and they have lost the talent that drove that business.

Wishing you luck!