RevoluGROUP Canada Inc V.REVO

Ready to go

[Jaytee123]

It's official: regulated payments companies in Canada will be able to directly connect to payments infrastructure instead of relying on bank intermediaries. This crucial update will reduce the cost of cross-border payments for Canadians who pay exorbitant fees when sending money to family and friends abroad. 

 

Kudos to the Canadian government on their payments modernization efforts,  which will increase choice and lower prices for all Canadians 

[Jaytee123]

Just some American licenses needed 

[ewandf]

the same licenses that were supposed to be acquired how many years ago? Taking over N. America again, since taking over all the third world countries failed. spin, spin, spin. two cents, bloated float, no ceo, no chairman, little money; millions upon millions of wts underwater.

[Briggsie1]

This post has been removed in accordance with Community Policy

[TheStockScout]

This post has been removed in accordance with Community Policy

[Jaytee123]

I thought the psd2 has no value. ?

[Reggie1]

The stock market is telling you what the value of psd2 is. You are a little late in figuring it out however. 

[Briggsie1]

Well we see now the value of a psd2 after 4 years with. No one meaningful is rushing to Revo because they were issued the license. Sure it has value, but very little obviously. This companies management has failed miserably. And now forced to sell .

[NorthennMan]

Awesome JT - great to see some still provide serious DD while others are simply hoping REVO to fail and people lose millions just to fill their ego/Obsessions and  for vengeful reasons.   What people will see is REVO can still make deals to use the PSD and with cash in hand they can go after the NA markets.  and then theres skreetch boy - wanna bet he'd the first to buy

[Jaytee123]

Northernman, the next domino we should see IMO (maybe Monday?) is the naming of the new ceo.  I would imagine he would want his own chairman of the board too.   that will bring some normalcy here 

[TheStockScout]

Serious question JT.  In the NR it said this "as a final objective, we will allocate the capital to hire a new CEO".  Doesn't that mean as a final step after the deal is completed then they will hire the CEO? It sounds like they will be using the capital raised from the UK to allocate to hire a CEO, so that has to be completed first which is 3-5 months out.  They could

[Jaytee123]

That's not how I read it

[TheREVOlution]

That's 100% what the News release stated "TheStockScout" as well as "  And finally, a marketing team will be hired in charge of communicating day by day to our clients and investors. "  

[Jaytee123]

The new ceo will be announced very shortly 

[Jaytee123]

Open banking is here 

[Reggie1]

This post has been removed in accordance with Community Policy

[Jaytee123]

Can't wait to offer premium banking services to Canadian companies in need 

[Reggie1]

Its not a market size large enough to do anything. People actually use Revolupay in Europe but they are going to sell it off.  You still can't get any cash out of a revolupay card or the people I know using it can't. 

[Jaytee123]

You can withdraw cash from any ATM with the card