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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 > stock price
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Post by Loganjames on Jun 05, 2023 10:41am

stock price

why is the market taking this up and not down!? why is anyone seeing value in buying the ask?! 238,000 shares have been paid for above market value, ask yourself why! until a pp closes our treasury needs to supply management with funds to keep the company running, until it closes we dont see any of that money for operating expenses so OPTIONS need to be cashed in, again why ONLY $60k!? if the pp wasnt closing it would be more like $600k which is just over 3 months of operations! so AGAIN why only $60K!!!!
Comment by Jaytee123 on Jun 05, 2023 10:47am
Logan, if Steve exercised his entire allotment of options, it only gives the company 5-6 weeks or operational cash flow.   So those who are suggesting options will keep the lights on, what happens after Steve exercises? Lonis and Manresa have no shares, they will need to buy them outright  the fact remains, as per NR (not conjecture on this site), the company is working towards ...more  
Comment by Jaytee123 on Jun 05, 2023 10:49am
I estimate $450,000 cash on hand as we speak 
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