Post by
TheREVOlution on Jun 02, 2023 7:08pm
How much money does Revo have left?
There have been calculations done based on their financial information filed on SEDAR and it seems this month ( June ) they run out. Can you provide factual information that proves otherwise ?
Comment by
MrForthright on Jun 02, 2023 7:12pm
Well I guess they better close the PP at 29 cents with Erik (an advisor to REVO) or exercise the dilutive options at 13 cents
Comment by
TheREVOlution on Jun 02, 2023 7:36pm
What other choice would they have ? Hmmmm, use restricted customer cash held and paid into the Revopay account ? That's playing with fire and a sign of severe financial problems. Steve could always give up his enormous paycheque for a short little while...lol
Comment by
MrForthright on Jun 02, 2023 7:39pm
Part of the issue here is the Exchange Hold Period.
Comment by
TheREVOlution on Jun 02, 2023 8:16pm
Part of investing is knowing if the Company has the finances to pay their bills is it not? Promoting or pumping a stock for years isn't going to keep any little venture stock from going bankrupt and losing all investors money.
Comment by
Jaytee123 on Jun 02, 2023 8:17pm
So bashing everything about Revo for 5 years is better use of time?
Comment by
Ninelives86 on Jun 02, 2023 8:21pm
This post has been removed in accordance with Community Policy
Comment by
MrForthright on Jun 02, 2023 8:27pm
You see, we agree on something: yes, I'm bearish on REVO.
Comment by
MrForthright on Jun 02, 2023 8:38pm
Steve brought all that attention to REVO, no one here or elsewhere did that.