Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by Jaytee123on Dec 16, 2022 4:06pm
159 Views
Post# 35176745

Highlights from the awesome AGM!

Highlights from the awesome AGM!

Thanks to a poster on another site for the following :

 A simply fantastic AGM. Steve was obviously under the weather but came through with his usual passion, insights, and positivity. On behalf of shareholders we appreciate him spending 2 hours with us sick as a dog but still got through it. A few important notes, and I’ll try and remember some other smaller items and post about them later. If I’ve missed any major points below perhaps others can fill the board in:

- the suitors are definitely a DCE and others. I’m leaning towards Huobi/Dsdaq, perhaps with Al Fahim as the Dubai entity.


- There is only one other company (not even a fintech) who has been granted full authority from the EU for all crypto related activities. Revo #6900 is the other.


- The price of the M&A is not being debated, it’s merely just small fine regulator type details

- The company and its suitors will be working throughout the holiday period to complete the deal (no lulls expected).


- Steve 100% confident the deal will happen, but obviously cannot guarantee it without the ink drying first.


- The proposal was legally too simplistic, he had to add the language for regulators but nothing changed regarding the actual monetary transaction. The nuts and bolts of the agreement also has not changed, just some legalese suggestions were given back to the suitors. (Revo being a pubco has legal responsibility).


- Steve has been working this morning with the suitors and their legal council.

<< Previous
Bullboard Posts
Next >>