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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 Jaytee123on Feb 01, 2024 2:27pm
84 Views
Post# 35857704

Consulting fees

Consulting fees

The director salaries are in these fees.  Most of them get hardly anything.  Gavin's salary is 1/5 of Steve.  Pettit salary is gone.  

these last fins had a $367,000 loan paid back to a director with no interest charges (prob Lonis) because the company had no money for a few months before pp closed. 

Does anyone actually read financials?

The company also spent $284,000 on app, vertical, and trademark fees upgrades . These aren't usually occurring every quarter 

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