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Bullboard - Stock Discussion Forum Relevium Technologies Inc V.RLV.H

Alternate Symbol(s):  RLLVF

Relevium Technologies Inc. is a Canada-based company, which operates in the health and wellness industry with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition and operations of brands and businesses in the health and wellness markets with a focus on e-commerce. The Company operates through two wholly owned subsidiaries,... see more

TSXV:RLV.H - Post Discussion

Relevium Technologies Inc > Year End and Q1 at same time?
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Post by cleareye on Dec 01, 2020 4:34am

Year End and Q1 at same time?

In 2019 the Q1 financials were reported on November 28.

It may be convenient for Relevium to produce the Q1 results at the same time as YE. The news might be much better.

In two weeks time, on December 14, we should get another update. Perhaps they will extend the courtesy of providing the correct date of when we may expect the YE report. The prediction of Nov.28.2020 in yesterdays report was an inexcusable error.

cleareye.
Comment by MaterialWorld on Dec 01, 2020 6:00am
Good post cleareye. Sounds very reasonable and will probably work that way. My mindthink is that RLV management have to do what they have to do. And if this prolonged delay is what they must do for whats best for the company, so be it. I'm not exactly jumping for joy, but this newest NR could have been a lot worse than it was. I'm thankful it was'nt. No material change is a good thing ...more  
Comment by Notsoshort on Dec 01, 2020 7:41am
Good point cleareye, they might report both quarters at the same time.  I don't see any error in yesterday's report, they wrote: "The Company is working expeditiously on the steps required to complete the Annual Financial Filings and expected to be able to file the Annual Financial Filings by November 28, 2020. The Company and the auditors have requested additional time..." ...more  
Comment by AlwaysSkeptical on Dec 01, 2020 9:05am
Sorry MW - this is NOT how public companies operate. A public company has an obligation to file financials on a TIMELY basis - not whenever it feels like it, or when it makes their numbers look better. This is why we have Securities regulators: to ensure that information is available for investors to make educated decisions. It is high time to hold the consultant CEO Aurelio, his part-time CFO, ...more  
Comment by Newborders on Dec 01, 2020 9:07am
This post has been removed in accordance with Community Policy
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