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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 Hardlockon Mar 16, 2023 8:18pm
94 Views
Post# 35343962

RE:RE:Revo

RE:RE:RevoI don't believe the equity investment is a PP as others have said. What I meant was that there will need to be a PP, assuming Steve didn't exercise warrants, to keep the operations going. Looks like this potential buyout might still take a while, although I look forward to an update. Imagine if it's overly positive. Imagine if the suitor only planned to buy 51%, but due to several banks going under, they decided to buy 100% of REVO in order to ensure their survival. I also wonder what the penalty is that the suitor would pay if they back out of the deal. This is Steve's time to show everyone he is to be taken seriously. As of now, he hadn't earned it. First step is a sedi showing warrants bring exercised. I want to be optimistic but it's not always easy
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