RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:revo1- No price reservation form is required for a private placement at 29 cents when the stock trades at 12 cents
2 - No price reservation form is required if the PP has been announced by way of press release
3 - My question about TSXV approval is based on the company's own disclosure of April 21 which includes the following:
"Mr. Marshall's untenable workload commencing March 17, 2023, Mr. Marshall has struggled to combine a typical intense workload with augmented requirements emanating from Canadian capital markets regulators. The intensity of these requests has reached a climax triggering unsustainably amplified professional duties due to petitions, clarifications, phone calls, legal counsel deliberations and response deadlines. The well-being of the company's staff always remains a No. 1 priority. Conclusively, surmounting and continued Canadian capital markets regulatory requests have regrettably impacted Mr. Marshall's ability to devote sufficient time and concentration to concluding the current intricate equity investment for the company's shareholders.
As such, upon diligently studying the protracted nature and potential intensity of the underlying Canadian regulatory requests, Revolugroup executive management voted unanimously on April 21 to authorize Mr. Marshall to take time out from the present negotiations to focus exclusively on the recent, imperative and recurrent Canadian capital markets regulatory requisitions."
Based on that disclosure it is rational to wonder if these regulatory inquiries have all been addressed.