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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 14, 2024 2:16pm
61 Views
Post# 36039301

Quite the worrisome situation Revo is in

Quite the worrisome situation Revo is in * very little if any cash left * the CEO quit immediately on May 2nd * now on May 13th the Chairman is out of commission for an unspecified time period due to health reasons AND * the only Canadian left in Revolugroup Canada management is Tak Tsan (Simon) Tso part-time CFO\Secretary getting paid $15,000 per month.
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