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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

Comment by Jaytee123on Oct 01, 2024 8:27am
14 Views
Post# 36247926

RE:RE:Meridien loan - uses for auditors

RE:RE:Meridien loan - uses for auditors
Jaytee123 wrote:

Jaytee123 wrote: The primary use of these funds would be to settle outstanding bills for administrative staff and auditors in Canada and to meet the minimum capital requirements for our licenses in Spain and the USA.

Yep you take over a company with no auditors hired until 3 weeks ago when most audits take well over a month, plus no support in Spain where most revenue comes from.   

it's not their fault, but they will get it done IF it doesn't come by tomorrow.  In the meantime the private placement will close shortly and things are moving forward. . 


At the mercy of auditors 
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