REVO Train wreck in progress Here is a brief assessment of RevoluGROUP Canada Inc. as it slowly falls apart
*The company has been out of money for at least 6 months per past management disclosures
*They tried – and failed – to sell their Spanish subsidiary RevoluPAY in June 2024 which is the backbone of all the business
*The entire board of directors resigned on the same day in Aug 2024
*The new board of directors remains a mystery with no publicly available bios or track records on any of them, including the CEO…
*There is a conflict of interest in which the interim CEO, who had already failed to invest for over two years, recently provided a secured 670K loan against what?
*The loan agreement has not been made public despite it being legally obligated. It is assumed that the loan has been secured against any remaining assets of value to strip REVO of what is left
*Most of their subsidiaries are now unreachable e.g - https://revolufin.com/ https://travelucion.com/ https://revoluvip.club/ https://www.revolurealty.com/