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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 Mar 20, 2023 9:09am
39 Views
Post# 35348467

RE:New Press Release - RevoluGROUP Canada Inc. Equity Investment Suitor Adjusts Timeline Reaffirming Commitment

RE:New Press Release - RevoluGROUP Canada Inc. Equity Investment Suitor Adjusts Timeline Reaffirming CommitmentNot much time to make a decision but I suppose still fair. The suitors have until let's take the later of April 2 and 3rd midnight. I think by that time they should be able to fully assess the situation look at where things are going make proper projections and then figure out what is it to them they think is a fair acquisition price given the current state of affairs. Let's see if we can at least get a tendered offer and finally draw the curtains up as to who we are actually dealing with. Now the issue is if an offer is tendered with the suitor be unmasked or remain confidential given if shareholders don't approve they still have a 2 year joint working relationship and anywhere along the line a renegotiated tender may be possible however to avoid spikes in share value they may remained masked and hence my comment for this reason. What if it is one of the big desired one I am sure they don't want to pay anymore than necessary to acquire this company...and due to circumstances I don't see the tender being greater than $2/share even though I would love $7.50 however if things settle the acquisition pushed down the line that may be possible anything sooner until the dust begins to settle I don't think so. Again if I am trying to get something and the conditions are quite turbulent I would be quite risk adverse and try to acquire at the cheapest seemingly fair price as possible.  50 is low but still 100 million valuation which if tendered I believe will be rejected. A buck that too. I think anything less than 2 will be rejected but who knows foe sure. Depending the longer term prospect if the price can be significantly higher and whether Steve and company want to carry on then this will likely stretch. Now Steve is getting lots of flack for all reasons stated chances are he is not only selling buy buying too and for as long as he does the flip side is he is looking for higher values as it is no doubt in his interest regardless of what people say about his $19 plus million. Maybe he wants 100 million plus so as this  can keeps getting kicked down the line the share value will only keep climbing overall so is this really a bad thing that is going on here? If it is a lie ok yes it is a bad thing but otherwise no. Again for at least 2 years or buyout whatever comes first we won't fully know either you believe there is something here or not. By the looks of things it seems the jv will keep moving forward and Steve will continue to sign annendums until a bid is tendered. The no guarantee means exactly what it is Steve or whoever has controlling shared will either vote to accept the potential tender or not so you can't guarantee a buy out which is correct to say. The issue for me is the unveiling so it will once and for all put to rest this issue of whether Steve is conning people or playing it straight until that happens again people either believe he is playing it straight or is conning. Regardless the best way for anyone to handle this is to take some money out hold only what you are willing to expose/gamble. I have so little at stake this isn't a big issue at such but even so I don't like to lose money however there is more upside to me than down. If I were truly concerned I would not have removed my .28 bottom sell price. If I had more shared I would have put some at that price held the rest but I have not even 500 shares. If I had 1000 or more it would have been sell half. In any case that is what I am talking about managing shared and exposing of what you feel is worth doing. I personally would have never exposed more than or less than half on this one but that's just me people need to figure out what works for then. Let's see what happens in April all other news I don't think will move the needle very much here and if yes temporarily with the stock continuing to move up incrementally because people rightly to some extent have focus on buyout or not. Mine is on that but also on I'd this goes more snd more forward if there will be others that may partner in a meaningful way or if they will be kept out to work alongside with the suitors. Are others being kept out? Is the company trying to count others or are they not as things don't seem anything beyond one group. Good thing bad thing??? But that is what I also look for. Again if the suitors are tying the company up it had to be worthwhile otherwise this company should get on attracting more players but big ones as you can see even they are rocked what to speak of smaller ones? In any case all about how one deals to make money along the way. I will not add but I also will not sell. I may consider putting in a bottom but not too sure as I said I don't even have 500 shares and even if I did I wouldn't likely put a bottom on it. If I had 700 plus sure. This has been quite the dealings and the question of trust and credibility remain an issue. For me well it is simply a waiting game and giving the benefit of the doubt and debating like I said to put  a bottom or leave what I have...for the near term I am leaving it but I may change my mind because I should keep good form although for my oil and gas stocks it is the same I don't have a bottom...one got slaughtered and is halted on the Canadian Exchange but trading in the US the other I strongly believe in the tech but uike this shareholders know the major backers Suncor and Cenovus who are seeing what the tech can do on a full size commercial pilot plant. I have and continue to roll the dice with the majority shares there although I sold 700 bit bought back 400 recently. My desired first strike with my stock there is $15/share I don't want to go lower if I put a bottom all my shares would have been sold so glad I didn't. I was also thinking to put only 2000 still glad I didn't as I am following my vision and intent and so doing the same here and why I removed the bottom and again will likely keep it off
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