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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 > How much money does Revo have left?
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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 7:26pm
As a history lesson, the only way Revo management have ever exercised options or warrants previously is by selling their shares first and being that there is very little volume and the stock is at .105 cents, good luck    lol  . As for hopes on the private placement coming to the rescue, good luck there too as even if it was to get agreed upon next week ( doubt it ) it would still ...more  
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 Ninelives86 on Jun 02, 2023 7:55pm
The only issue here is you armchair CEOs claiming the ceo running and building this company for the last several years is below your intellectual capacity. You don't have one up on Steve, I know you'd love to believe you've thought of something he hasn't but it's never going to happen. Steve has many in his corner. The beauty is I own a mountain of shares and have invested ...more  
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 Jaytee123 on Jun 02, 2023 8:25pm
Yep.  Well said niner.
Comment by MrForthright on Jun 02, 2023 8:27pm
You see, we agree on something: yes, I'm bearish on REVO. 
Comment by Ninelives86 on Jun 02, 2023 8:35pm
Again the beauty is you're all still ever so engaged in these forums despite your concerns and red flags. Steve has you hook line and sinker. You can't stand to walk away from this investment and never return. It's far too captivating, most will agree it's very very bullish when bears can't let go of a stock. A stock getting this much attention only makes people more curious ...more  
Comment by MrForthright on Jun 02, 2023 8:38pm
Steve brought all that attention to REVO, no one here or elsewhere did that.
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