RevoluGROUP Canada Inc V.REVO

Meridien Truth.... Revo shareholders hosed again

[Blastfrompast]

 It appears that RevoluGROUP shareholders are pinning their hopes and prayers on what looks like smoke and mirrors, backed by a string of coincidental, unsubstantiated, and unverified claims. Another participant in the forum shared the following statement, allegedly made by Erik Lara Riveros, CEO of Meridien Holdings: “The partnership with DKK, along with our other acquisitions of listed and regulated financial institutions, is ideal for Meridien as it prepares to list on the NYSE, driving the goal of creating a revolutionary business model in the global payments industry.” In my opinion, this entire scenario seems fabricated, designed to lend false credibility to what appears to be an unfolding financial scam. Why do I suspect this? Let’s examine DKK Partners more closely. For reference, here's the UK equivalent of Sedar for private companies: DKK Partners UK. The accounts are publicly available as required by law. https://find-and-update.company-information.service.gov.uk/company/12400528 In February 2024, share capital was issued to numerous individuals, recorded in the UK government's corporate registry, with a nominal value of 0.0001 pence GBP per share. Notably, DKK Partners operates as a white label of Currency Cloud, a detail confirmed on their website: “Payment services for DKK Partners Ltd are provided by The Currency Cloud Limited.” Becoming a white label of Currency Cloud is straightforward, achievable by completing a simple web form: CurrencyCloud. DKK Partners also clearly states on their website (as they would be heavily fined if not) that they are “not regulated by the Financial Conduct Authority,” indicating they hold no proprietary financial license in the United Kingdom. Returning to the statement attributed to Erik and his mysterious company, they claim to have made multiple acquisitions of “listed and regulated financial institutions.” However, beyond a self-aggrandizing post on LinkedIn and a press release from an obscure website, there is no evidence of any such acquisitions, either singular or plural. Meridien lacks known incorporation details, office addresses, or basic information on LinkedIn. Even Erik’s LinkedIn profile is vague. Altogether, this forms a very flimsy narrative, akin to a house of cards. Regarding DKK Partners, they are neither financially regulated nor a listed financial institution. Rather, they are a white label of Currency Cloud, a status easily attained by anyone on this forum. The total share capital issued by DKK Partners amounts to approximately £16 GBP, or about $28.50 CAD. Meridien allegedly purchased 27% of a 2021 UK limited company with no financial licenses, whose main claim to fame is being one of many white labels of Currency Cloud and having a website with a few mailbox addresses worldwide. According to UK law, DKK Partners would have to report any increase in corporate capital within 72 hours. No such increase has occurred, so the value of the 27% shares remains £4.32 GBP or $7.68 CAD. Moreover, according to the UK government website, no shares have been sold by anyone at DKK Partners, and Meridien does not appear as a shareholder. The use of multiple shell companies creates a facade of legitimacy and complexity, making it difficult for regulators and potential investors to discern the true nature of the operation. Erik seems to have mastered a trick not unlike those performed by David Copperfield. His disappearance during previous negotiations is well-documented in REVO news releases, and his reappearance seems to be another fabricated illusion, built on the quicksand of social media and self-promotion. The supposed importance of these (plural) “acquisitions” by a company whose existence and jurisdiction remain unverified is baffling. Yet, posters on this forum discuss it as a real entity about to invest millions of dollars to improbably rescue REVO. While I understand the desperation to cling to any possible lifeline to salvage an investment, can we at least maintain some decorum and refrain from perpetuating falsehoods by continually asserting that a non-existent company, allegedly linked to a man known only for his illusions and a portfolio of shell companies with no actual value, is about to come to the rescue?