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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

Comment by 74gremlinon Nov 16, 2022 11:16am
41 Views
Post# 35103371

RE:RE:RE:RE:* RevoluGroup targeted in Heated M&A takedown*

RE:RE:RE:RE:* RevoluGroup targeted in Heated M&A takedown* Breaking news: raising money and subsequently diluting share count is how start ups build businesses on the public exchange. 62 million outstanding shares the day Steve was hired as CEO (read the NR), with numerous historical cheap paper MPH options and warrants chewed through at Pennie’s for the next many years after that. This worldwide licensed fintech company has been self funded through small PP’s for the past 6 years (the latest one at the highest SP ever for our raises). The entire company has been basically built from scratch plus operated throughout with revenue, for about 20 million dollars in losses. No reverse splits, and almost all cheap paper gone and cleared from the books. As for warrants, the PP was done in February 2022 at .20, warrants were double the cost at .40 with only a one year term on them - I’d imagine you’d be hard pressed to find any company who has raised cash this year on the venture having even their PP shares in the green let alone warrants. If Steve, the largest beneficiary of said warrants, wanted to, he could have priced the warrants much lower, or at any price he wanted. Ask yourself why he didn’t…
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