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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 > Update from RevoluGroup
View:
Post by Jaytee123 on Jul 17, 2024 12:07pm

Update from RevoluGroup

Fresh news about Meridien Holdings

  • On Monday 15th, the pending documentation was received from Meridien Holding, information that has already been validated by Revolugroup
  • We have asked Meridien to send us an MOU as soon as possible in order to speed up the review process and its subsequent signature if everything is correct.
  • This MOU will also include the conditions for the provision of the down payment, the objective of this down payment is to serve as a guarantee for the operation.
  • We maintain the deadline of July 19th. This deadline has been set due to the situation of the company, which needs to receive funds to continue serving regulators and other organizations.
Comment by Blastfrompast on Jul 17, 2024 12:20pm
I guarantee 1000000000% the July 19 deadline won't be met. There will be an extension as per usual Revo practice/history ... then another extension ... finally the deal will fall apart, like usual . That's Revo that's what they do 
Comment by Jaytee123 on Jul 17, 2024 12:43pm
Done deal by Friday 
Comment by TheREVOlution on Jul 17, 2024 1:07pm
Well isn't that interesting, a new update from Revo once again on LinkedIn. It definitely illustrates the dire situation this Company presently is in; almost sounds like begging : " We maintain the deadline of July 19th. This deadline has been set due to the situation of the company, which needs to receive funds to continue serving regulators and other organizations. " So ...more  
Comment by samydude on Jul 17, 2024 2:15pm
Proof? news link stating please?
Comment by Jaytee123 on Jul 17, 2024 3:54pm
Revo LinkedIn 
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