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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

Post by Investorpigson Mar 25, 2023 12:55pm
278 Views
Post# 35360358

Halt incoming?

Halt incoming? With all the talk to regulators digging into the unethical (potential illegal) things going on with Revo, do we think a halt is incoming while they dig into this more? There sure seem to be laws broken here. Looks like it's time to sell before money is locked up and this goes down another 75%. The CEO really has some explaining to do. Guessing he'll just fold the company (once he's done dumping his shares on retail) and sail off into the sunset. Looking back the red flags were obvious. Sorry to anyone who invested in this "company".
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