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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

RevoluGROUP Canada Inc > Lets not kid anymore
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Post by Lingcod on Jun 01, 2023 11:06pm

Lets not kid anymore

Revo deal is not getting done. Revo mgmt has a responsibility to shareholders to keep informed.
Obviously mgmt has forgotten what their true responsibilites are. The shareholders keep them in business, the business is not their personal piggy bank.

If the deal was to get done, it would have happened. From a 29 cent bid to a stock price of 11 cents just does not cut if. No one would every lose 17 cents a share on the deal. This is just crazy.
Oh, you can tell us just how valuable this company is, but the reality is the stock price tells you the reality of how valuable this company is, 11 cents a share, not 29.

Not even funny anymore how some pump this stock with no evidence to back up the claims.
No deal, not happening. Already would have happened, and its not.

The stock will go to single digits, you cant operate a company in this manner and treat shareholders badly by not commenting on whats happening. 8 months later and no deal tells you all you need to know.
Comment by Jaytee123 on Jun 01, 2023 11:31pm
.29 is a steal for 43 million shares  no way Steve would give them at this sp. forget it 
Comment by MrForthright on Jun 02, 2023 12:58am
13 cents stock options is a steal as well then? Why not 29 cents stock options as a steal them? Wouldn't that be the fair thing for shareholders?
Comment by Wally41 on Jun 02, 2023 1:16am
I agree myself as well that eight months is just a joke. Obviously there's no big deal in the works otherwise it would have been done already. You think a buyer is going to keep waiting as well if it was going to happen. The buyer probably went somewhere else to make a deal and Revo is going to end up in the toilet for being so slow. I know what you mean 8 months and nothing should tell the ...more  
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