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I think hosai has some figures on REVB social media followers, I think we do well on that metric. New markets and partnerships continue to grow, despite current issues.
The only threat I see, is from BOO. Let’s see what this week brings.
I was looking at the Top Cashback app for something & noticed BOO were on there on the front page. Thought I’d check to see if REVB are linked & they are (also on Quidco).
A lot of popular companies are on there, so it’s good to see we are too.
I think they’re already a good way up the mountain, and will make another big move forward if they can hold off the unwanted challenge from BOO. If they can do that, the sky’s the limit.
I’m looking forward to another good week, and trying to keep in mind that there will be bumps in the road ahead - every day can’t be an up day - unless there’s enough news released to prove otherwise.
Minto has been threatened with legal action. I’d imagine this threat might magically disappear if he were to vote with the BOD.
There’s always the chance that both sides get together and have an agreement in place by the time the AGM happens. Neither side have covered themselves in glory, and BOO would profit from their capital investment and possible product tie ups, while the REVB management team would have actually earned those share options and can bask in the glory of turning things around.
Everyone’s a winner.
On current performance, Bob Holt is leading the turnaround in a company with a poor reputation and history.
BOO have lost over 85% of their market cap, have had their reputation damaged by litigation and other issues.
I know who I’d rather have running a company.
I don’t hold BOO, so that’s my last post on this board.
My thoughts on all of this -
BOO bought in as a “supportive partner”, that’s until they tried to steal the company without paying anything for it. That’s there MO, buy distressed companies out of administration. I think trying to force a company into administration is a poor show. BOO have left a trail of destruction, litigation and poor practice behind them, while also destroying the value of the company and changing the goalposts on share allocations for top executives.
REVB were in a terrible state, and all down to fraudulent activity by senior members of staff, again, pretty despicable behaviour.
REVB have since changed their management, had a forensic examination which should mean they are squeaky clean and have an industry heavyweight running things.
If it closes over 30p I’d class that as another excellent day. Decent volume, not too volatile & finishing up three days in a row - happy days, and if we continue to consolidate/rise next week, we could see 50p.
Any sniff of stake building and we will be off and running!
I would love a knock out bid from somewhere, surely somebody will be seriously considering it?
What’s not to like? Low market cap, profitable, own production facilities, excellent worldwide sales channels, low cost item’s which perform well in the current climate & world class BOD (!!!!!)
Get us now, or pay multiples in the future.
Very healthy volume with some big sells being absorbed by the buyers.
There should definitely be some TR1’s next week that might clarify who’s doing what.
I was disappointed that we didn’t do at least 100% on the first day, but three days of good gains is probably more sensible. Hopefully see 50p+ next week & £1+ before the AGM.
HH, I had concerns about the share package when it was announced too. They have got us relisted, and issued a very unambiguous set of RNS’s to protect REVB holders. That’s good enough for me.
I think it’s a bit disingenuous to suggest the share price rise isn’t real “because it was 30p before suspension” when plenty were saying this would tank on relisting because of BOO’s actions.
I don’t hold BOO, but I’ve had a look at what their directors have awarded themselves, and it’s quite something indeed - I don’t want them anywhere near REVB.
Get everyone around the table and do what’s best for REVB holders. Either BOO becomes the “supportive partner” they originally claimed, or they either sell our or enjoy the rise in value of their shares.
Fighting talk from our BOD, which is exactly what I want to see - that’s what he’s paid to do, and that’s what the bonus is for.
Anyone with any gripes about that RNS are clearly not REVB holders.
Here’s to another day of rises, I’d expect another RNS from BOO, and hopefully some more director purchases/TR1’s.
Hello all. I’m not a holder here, and I don’t believe in posting on a board where I have no interest. Obviously, I’m aware people can do whatever they want on a free and anonymous bulletin board.
Anyway, my point - PP1 was posting continuously on the REVB board (where I am a holder). I think most people thought they were just there to cause disruption, hence my rather caustic replies.
For the record, I wish the BOO board would do what they initially said, and really be a “supportive investor”. That would reap the benefits for both companies. Their behaviour has been reprehensible for a listed company.
I wish all BOO holders well, despite my concerns about your BOD.
That’s good to hear. I don’t mind it when the crazies turn up either, I think it shows there’s something worth fighting over.
BOO have done a fantastic job of covering up their many shortcomings by their recent actions. It’s hard to believe that their investors are ok with that, but money does that to the best of us. The thing is, if we do well, so do they.
MEM, you seem to have your finger on the pulse, have good connections or are just lucky - there are a lot of posters here that have provided excellent commentary here since this all started. Thanks to all of them.
If we carry on with these daily gains we’ll be well over £1 before the AGM & BOO’s stake will be the best chance of them making any profit rather than the cheap tat they sell & their directors filling their boots at the expense of everything else.
Someone needs to call them out on their own company, instead of them trying to deflect from poor performance & theft.