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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 TheREVOlutionon May 28, 2023 3:53pm
100 Views
Post# 35467976

Looking very grim here

Looking very grim here

This all was originally started October 14th, 2022 ( 7.5 months ago ) and the Company is still stating :

Be that as it may, the Company reiterates there can still be no guarantee that any definitive agreement, tender, or investment will be completed. "

Revo Management has sold most of their shares, long time President quit immediately and now the Ceo, Steve Marshall is struggling to deal with intense  requirements emanating from Canadian capital markets regulators.

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