TSXV:RLV.H - Post by User
Comment by
AlwaysSkepticalon Oct 17, 2021 7:47pm
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Post# 34016235
RE:RE:RE:RE:RE:RE:RE:RE:How has he earned YOUR money?
RE:RE:RE:RE:RE:RE:RE:RE:How has he earned YOUR money? HAHAHA - you crack me up MaterialWorld.
You've been pumping this all the way down for years. If the supply chain issues were the only issue RLV had...but unfortunately it's pretty much EVERYTHING:
1. Lack of demand: Their business revenue is down 90% from what it was when they bought it; Their PPE business hasn't had a SINGLE contract in over a year.
2. Lack of liquidity: They are out of cash. Either it's bankruptcy, or they've massively diluted the shareholders to over 400 million shares outstanding, meaning shares will never be worth a thing.
3. Lack of leadership and vision:
- Touted blockchain...never happened
- Touted deals with Walmart, Paper Store...never happened
- Said they were going into cannabis...never happened
- Said they were going into hand sanitizer...never happened
- Said they were going into PPE...not a single recognized dollar of revenue
- Said they were getting into air purification...never happened
What has happened: Aurelio has paid himself, family and friends millions while investors all have lost their money.
And PS: All of us have global supply chain issues...but most companies are crushing their projections, because that's what a real business does. Adapt!
Their stocks have gone up for it...RLV is getting valued for its lack of performance, and will go lower.
MaterialWorld wrote: Hi divot, hold on until tax season sell off and pick up another boat load @ 0.01 cent. I'm holding and will buy when that happens. Lot's going on with RLV. COVID has played a big part in container ship unloading problems. 150 cargo ships sitting off southern Communist California because of Commiefornia nutjob tree huggin laws. RLV is a great one to invest in..........GO BIG, buy BIGGER..................MW