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@RonVachiyer looing at $RLV too, i hope CP doesn't do a huge writeup about how they are going to start selling Garcinia Cambogia and how DrOz is Bs etc etc :)
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from #ip,
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@JustJuster Going to hard when you have quality Management which whom some have worked at Neptune and the Value that Dr. Tina Sampalis brings to the table. Naysayers want discounts
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@ChrisParry @justJuster Haven't paid attention to $RLV... yet..
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from #ip,
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@JustJuster Borring $RLV is more momo
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from #ip,
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@JustJuster @Floyd I just added a simplified DD doc i made on the $RLV forum
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from #ip,
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@JustJuster Have a look and Cheers !
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@JustJuster also have a look at Dr. Tina Sampalis. She pioneered Neptune Technologies
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@Alexbear @justJuster whens the announcement?
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@JustJuster @alexbear They announced that the closing date should is no later than April 30th. But in my opinion It won't take that long. Just an agreed date by both parties. I'm thinking in the next 2 weeks
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@JustJuster Solid day and reversal is in effect. With news looming soon people will rush in. #smallfloat
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@farmerjoe Looking good here at $RLV #watchlist #smallfloat #radar
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@JustJuster Very good man ! Tina Sampalis brought neptune from .15 to $5
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@JustJuster Look at the link above. it's a simplified DD i put together
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@courtninja Is this company still into magnetic wearables? This Health Canada notice just came out: http://www.hc-sc.gc.ca/dhp-mps/md-im/applic-demande/pol/magnets-notice-avis-aimants-eng.php
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@JustJuster good find @courtninja, I know $RLV is focused in acquiring E-retail assets but not sure the progress on the wearables as of yet. I know that the PP will include the purchase of BGL and enough cash on hand for a second acquistion. It could be wearables but not sure yet
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@marketwired Relevium Executes Definitive Agreement to Acquire BioGanix @marketwired/relevium-executes-definitive-agreement-to-acquire-bioganix $RLV $6BX
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from #newsroom,
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@courtninja Relevium Technologies $RLV executes agreement to acquire BioGanix. #ninjapicks
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from #ninjapicks,
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@Mimibegalo $RLV less than 6M$ market cap 24.3M shares floating. out with an acquisition news #hotpick
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@Brownie $RLV 34.9 mil OS
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from #hotpick,
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Laidback Luke most sold from last nr entry
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@farmerjoe Once $rlv has the 14.5's taken, this will run....... I am loaded, are you?
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@JustJuster @farmerjoe I am too
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@homelesstrader Me tree
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@singer My main concern here is the revenue that is being acquired. I don't understand how 500,000k in e-commerce revenue justifies a big SP rise. I am not trying to bash, I am not long or short, just wondering about valuation.
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@farmerjoe @singer they are acquiring $1.6M USD EBITDA through the purchase of assets from Bioganix..... not sure where your $500K came from. Albeit, they have their own net loss prior to the acquisition, with no sales growth they still run a profitable operation after completion.... with a 10 to 15 time multiple, this is a 15 to 25 cent stock...... They are getting more funds for additional acquisitions as well so more up side potential $RLV
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@Grose1987 Good day ☝️☝️
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@Grose1987 Lvl 2?
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@Grose1987 Plzzzzzz
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@Mimibegalo 3 days left to the PP to be closed and the acquisition to go through, We should see some action with $RLV, 4.67M$ market cap 35M shares (24.3M shares Floating) acquiring a $1.6M USD EBITDA by purchasing assets from Bioganix. #hotpick #earlywarning
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@obill @Mimibegalo I suspect that they will extend again the closing of the acquisition
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@Mimibegalo @obill Possible, I think we might see some volatility driven by both optimism and pessimism while approaching the closing date, specially with a low float.
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@Grose1987 People seem optimistic !!
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@Mimibegalo $RLV #earlywarning yesterday at 13c now at 17.5c. Hopefully the optimism will drive it higher. #Hotpick
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anonymous damn a mil up for grabs
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@farmerjoe Where do you see this million?
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@marketwired Relevium Secures Improved Terms for BioGanix Acquisition and Receives Commitment Letter for Secured Convertible Debenture @marketwired/relevium-secures-improved-terms-for-bioganix-acquisition $RLV $6BX #news/healthcare
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from #newsroom,
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@Mimibegalo $RLV has received a commitment letter from AIP Asset Management and AIP Private Capital for a total of $2.25M in secured convertible debentures. #Hotpick
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@obill it is good news for $RLV, was not expecting that because of delays
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@Mimibegalo I think the delays was because of this. It looks like they were working on improved terms for the acquisition.
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@marketwired Relevium & Hempco Sign Exclusive Relationship for e-Commerce Retail of Hemp Nutrition and Nutraceutical Products @marketwired/relevium-hempco-sign-exclusive-relationship-for-e-commerce $RLV $6BX #news/healthcare
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from #newsroom,
@marketwired Relevium Provides Update on Financing and Acquistion of BioGanix @marketwired/relevium-provides-update-on-financing-and-acquistion $RLV $6BX #news/healthcare
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from #newsroom,
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@Mimibegalo The market is reacting. $RLV up to 16c after they announced after the close yesterday that the company has met the minimum financing threshold for the acquisition of BioGanix. #Hotpick
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@Mimibegalo $RLV is set to close an important acquisition this week. Now sitting at 0.14$. Keep a watch it might be a double when the news hits. #Earlywarning #hotpick
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from #hotpick,
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@Mimibegalo Looks like the news will be probably announced on Monday instead of today. $RLV
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