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Bullboard - Stock Discussion Forum RevoluGROUP Canada Inc V.REVO

Financial Services
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 > Clean books
View:
Post by Jaytee123 on Jul 20, 2023 3:35pm

Clean books

Do you guys even understand why this is really a non event?  

perhaps the entity wanting to invest here wanted clean books and not having to backpay Steve for salary or whatever else he didn't charge himself for (not sure exactly I'd have to check fins).   Just food for thought.

Comment by xMansie on Jul 20, 2023 3:37pm
This post has been removed in accordance with Community Policy
Comment by Jaytee123 on Jul 20, 2023 3:39pm
The company didn't need to pay that out today, the financials will be cleaner for year end audit now too since those are next  plus, the inevitable newsflow is on deck :)
Comment by Patty33 on Jul 20, 2023 4:07pm
Year end is May.  A July transaction has no effect on the year-end audit.
Comment by Jaytee123 on Jul 20, 2023 4:10pm
It would be put in the subsequent events section of the fins 
Comment by Jaytee123 on Jul 20, 2023 4:18pm
But I mean if you take the negative view, Steve loves his cheapies so then he must think this is the bottom... and he also knows news flow is inevitably on deck, positive news flow.   so... take it as you will.  I see this as a sign the foot will be on the gas pedal now   
RevoluGROUP Canada Inc
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