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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 ScarletSpideron Nov 22, 2022 1:46pm
67 Views
Post# 35119338

RE:RE:RE:RE:RE:Buyout incoming, read the news!

RE:RE:RE:RE:RE:Buyout incoming, read the news!
read insider trading during takeover published by Harvard Lawschool. There is a key reason amidst its academic explanation through its studies. The reason that insiders sell by the looks of it is to keep the price down so that logically when the price being negotiated will not likely exceed the buyout which would not be good for those who paid the peak. I am only gathering that from what I read it is a 2012 article. Various moves are done at various points I time. Another reason is that the company doesn't want to get the SEC angry if there are higher than normal trades and odd patterns that will get them in trouble but it looks to be a common thing. Insiders may well buy in 6 months to a year in advance again not trying to cause high volumes tip the SEC and keep the negotiated price I am gathering in check where the stock price doesn't go nuts. What if the takeover price is $2 and the shares trade up to $3 and people think the stock will keep moving up and when the announcement those who bought at peak lost massive money?
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