RevoluGROUP Canada Inc V.REVO

The complaints about this little venture outfit continue

[TheREVOlution]

Steve will have to hire someone just to deal with the regulators as this is about the 5th one I've heard about in the last 3 weeks..incredible!

" +ComplianceServices <[e-mail]>

TSX Venture Exchange (Exchange) confirms receipt of your May 15, 2023 email regarding Revolugroup Canada Inc. (the Company).

The Compliance Department of the Exchange will review the issues you brought forward to determine if there has been a breach of Exchange requirements.  

Due to our strict confidentiality guidelines, we are not at liberty to disclose any information regarding any review or investigation that we undertake. As a result, you will likely hear nothing further from us on this matter.  

We will correspond directly with the Company should we decide to proceed with a formal review of this matter.
 
Thank you for bringing this to our attention.

Regards,

Compliance Services

 

[Thempennyboiz]

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[TheREVOlution]

I guess you're lumping Revo with them "Thepennyboiz" ?   Makes sense, but I guess unless people make actual complaints directly to the regulatory bodies, nothing will improve.

[Thempennyboiz]

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[MrForthright]

I'm aware of at least 4 and one more coming 

[TheREVOlution]

Are you aware the BCSC just enacted new enforcement tools that deal with complaints about companies like revo ? VANCOUVER, BC, April 27, 2023 /CNW/ - The B.C. Securities Commission (BCSC) will begin imposing administrative penalties for less serious violations of investment market rules without holding a hearing before a panel of commissioners. The BCSC's Executive Director will

[TheREVOlution]

Seems another complaint about Revo has just been confirmed, that's going on 6 so far that I'm aware of: " Finally heard back from the exchange. Just a confirmation receipt. TSX Venture Exchange (Exchange) confirms receipt of your May 16, 2023 email regarding Revolugroup Canada Inc (the Company).

[MrForthright]

"When is rains....."

[TheREVOlution]

Guess things are getting even worse since Revo's April 24th News release : Mr. Marshall's Untenable Workload Commencing March 17th, 2023, Mr. Marshall has struggled to combine a typical intense workload with augmented requirements emanating from Canadian capital markets regulators. The intensity of these requests has reached a climax triggering unsustainably amplified professional

[MrForthright]

I thought REVO had received "initial endorsement for the PP" and that "the Toronto (LOL-don't they know what exchange they are listed on?) Venture Exchange has no objections." At least, that is what REVO said in multiple NRs and interviews.

[Shutch1958]

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[MrForthright]

There is no suitor.   

[Shutch1958]

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