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Bullboard - Stock Discussion Forum 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... see more

TSXV:REVO - Post Discussion

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Post by Lingcod on Apr 27, 2023 3:52pm

Huboi

Is a chinese company. It is a well known fact you cannot trust the financials of any chinese company. 
Why ? Because they have 3 sets of financial books, one truthful one for themselves, one for investors, and one for the Government.
Why do you think the usa govt is making the chinese open their books and chinese companies refusing ? Because they are crooked, thats why they are leaving usa stock exchanges.

Yet, Revo takes their money ?  This company is far from straight. 
Losses to continue, legal troubles to commence, regulatory troubles to 
commence.  Dont get caught holding the bag, just like you did the day 
before yesturday when the company lied to you about any deal happening. 

Complain to iironc, or class action lawyers for your losses.
Comment by Wally41 on Apr 27, 2023 8:16pm
I was reading something on them back in 2021 two of their people were arrested and investigation was done not sure anyone was charged. But they basically connected them and finance with money laundering offenses. Not sure I came out of it but things I guess don't sound good. That was 2 years ago what about now
Comment by Jaytee123 on Apr 27, 2023 8:35pm
Wally, no DCE has a clean record because none of them ever cared to comply to regulations when there wasn't any.   kYC is a first step, and a central bank licensed entity like Revo can provide them the security they need with that.   Remember: to the Victor goes the spoils 
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