Money Remittances Improvement Act of 2014

RevoluGROUP Canada Inc. Concludes Review of Equity Investment Proposal Submitting Amended Agreement To Potential Acquirers

Retrieved on: 
Friday, December 16, 2022
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The Company remitted several proposed amendments to the potential Acquirers late afternoon, December 13th.

Key Points: 
  • The Company remitted several proposed amendments to the potential Acquirers late afternoon, December 13th.
  • In subsequent conversations between the parties, the potential Acquirers are reviewing the contractual adjustments at this time.
  • While the proposed transaction negotiations advance promisingly, there can be no assurance that any definitive agreement, tender, or investment will be completed, and the December 13th, 2022, amended agreement proposal must be promptly and conscientiously reviewed by the potential acquirers.
  • For further information on RevoluGROUP Canada Inc. (TSX-V: REVO), visit the Company's website at www.RevoluGROUP.com .

RevoluGROUP Canada Inc. RevoluSEND and RevoluTRANSFER Top 120 Countries Adding United Kingdom, Equity Investment Talks Update, AGM Only Via Zoom

Retrieved on: 
Tuesday, December 6, 2022
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The Company has concluded the technical integration of the United Kingdom into its platforms and those of white-label partners.

Key Points: 
  • The Company has concluded the technical integration of the United Kingdom into its platforms and those of white-label partners.
  • The parties continue working towards a final agreement on or before December 8th, 2022, regarding a potential equity investment in the Company.
  • On November 21st, 2022, the Company issued advice on two official methods for its shareholders to attend the annual AGM on December 16th, 2022.
  • For further information on RevoluGROUP Canada Inc. (TSX-V: REVO), visit the Company's website at www.RevoluGROUP.com .

RevoluGROUP Canada Inc. Extends Equity Investment Talks Term Sheet Period Until December 8th 2022 Midnight

Retrieved on: 
Tuesday, November 29, 2022
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The Acquirers and the Company have approved a one-time extension of the term sheet's maximum closing date and the exclusivity term, which now ends at midnight on December 8th, 2022.

Key Points: 
  • The Acquirers and the Company have approved a one-time extension of the term sheet's maximum closing date and the exclusivity term, which now ends at midnight on December 8th, 2022.
  • Firstly, the parties concluded perhaps the most complicated Documentary Due Diligence phase as per the news release dated November 7 th , 2022 .
  • Secondly, in continued good faith, the parties signed the Mutual Business Development Strategy addendum on November 25 th , 2022 .
  • Therefore, the parties have approved the present Term Sheet Period and Exclusivity Extension to permit appropriate time for this crucial conclusive phase in the talks.

RevoluGROUP Canada Inc. Signs Mutual Business Development Strategy Furthering Equity Investment Talks

Retrieved on: 
Friday, November 25, 2022
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Today's Business Development Agreement projects a defined mutual understanding and future strategy should the Equity Investment occur.

Key Points: 
  • Today's Business Development Agreement projects a defined mutual understanding and future strategy should the Equity Investment occur.
  • The parties have agreed to a comprehensive 2-year plan to initiate on the day of the eventual equity acquisition.
  • Today's advent of approving the mutual underlying business plan is considered a notable continued positive advancement in the talks.
  • For further information on RevoluGROUP Canada Inc. (TSX-V: REVO), visit the Company's website at www.RevoluGROUP.com .

RevoluGROUP Canada Inc. Equity Investment Talks Documentary Due Diligence Concluded

Retrieved on: 
Monday, November 7, 2022
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In some cases, depending upon the volume of documents petitioned and received, this can often consume significant time.

Key Points: 
  • In some cases, depending upon the volume of documents petitioned and received, this can often consume significant time.
  • The Company and parties are delighted to have satisfactorily concluded this crucial phase.
  • The satisfactory completion ahead of schedule of the aforementioned 'Documentary Due Diligence' bodes well for the projected timeframe and positive advancement of the talks.
  • For further information on RevoluGROUP Canada Inc. (TSX-V: REVO), visit the Company's website at www.RevoluGROUP.com .

RevoluGROUP Canada Inc. Signs Term Sheet to Enter Equity Investment Talks

Retrieved on: 
Monday, October 17, 2022
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The parties have agreed that a maximum period of 45 calendar days suffices to conclude the preliminary due diligence and analysis of the underlying proposal.

Key Points: 
  • The parties have agreed that a maximum period of 45 calendar days suffices to conclude the preliminary due diligence and analysis of the underlying proposal.
  • As a result, the adoption of the agreements necessary to formalize the transaction cannot take longer than 45 days from the date of the signing of the present term sheet.
  • There can be no assurance that any definitive agreement, tender, or investment will be completed, and the term sheet remains preliminary and non-binding.
  • For further information on RevoluGROUP Canada Inc. (TSX-V: REVO), visit the Company's website at www.RevoluGROUP.com .

IQST – iQSTEL Higlights Material Information Discussed In Recent Management Interview

Retrieved on: 
Friday, August 12, 2022
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New York, NY, Aug. 12, 2022 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today published material higlights of a management interview conducted yesterday, August 11, 2022.

Key Points: 
  • New York, NY, Aug. 12, 2022 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today published material higlights of a management interview conducted yesterday, August 11, 2022.
  • 3) The company anticipates being close to break even in Q3 and reaching net income positive in Q4 and beyond.
  • 5) Management reports that the companys Telecom Business Division is performing amazingly growing revenue and increasing gross profit as a percentage of revenue.
  • iQSTEL Inc (OTCQX: IQST) ( www.iQSTEL.com ) is a US-based publicly-listed company offering leading-edge Telecommunication, Technology and Fintech Services for Global Markets, with presence in 13 countries.

IQST – iQSTEL Announces First Electric Car Scheduled For Production Q4 2022

Retrieved on: 
Wednesday, July 20, 2022
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New York, NY, July 20, 2022 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today announced the company expects to complete production of its first electric car this year by the end of Q4 2022.

Key Points: 
  • New York, NY, July 20, 2022 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today announced the company expects to complete production of its first electric car this year by the end of Q4 2022.
    iQSTELs EVOSS business division is a wholly owned subsidiary dedicated to the development electric vehicles.
  • iQSTEL plans for the EVOSS business division to have a wide portfolio of electric vehicles.
  • The first EVOSS EV Car (80Km/h, 50 Mph) is scheduled to roll out the production line in Q4 this year.
  • We are targeting EVOSS EV Car sales in Spain, Portugal, USA, Latin American and selected countries in Africa.

Hyosung America Launches Four New Products Set to Empower Cash Management and Enable Cash-to-Digital Experiences

Retrieved on: 
Tuesday, July 19, 2022
Technology, Electronic Games, Retail, Entertainment, Finance, Banking, Professional Services, Payments, Other Retail, Software, Fintech, Cryptocurrency, Hardware, Security, ATM, Research, TCR, Hyosung, Solution, NFC, Technology, Goal, Automated teller machine, Series, X10, Multimedia, Money Remittances Improvement Act of 2014, Industry, Efficiency, Retail, Foot, Cryptocurrency, Online shopping

The Cajera series (Spanish for cashier), embodies Hyosungs most transformational, retail recycling ATM and TCR series designed for in-store cash optimization.

Key Points: 
  • The Cajera series (Spanish for cashier), embodies Hyosungs most transformational, retail recycling ATM and TCR series designed for in-store cash optimization.
  • The device can be bolted on to existing Hyosung cash dispensers to transform it into a full function device.
  • Hyosung America, the worlds leading cash management and payments platform service provider, is the North American subsidiary of South Korea-based Hyosung Corporation.
  • Hyosung America is headquartered in Irving, Texas, and provides research and development support in its Global Software Center in Dayton, Ohio.

IQST – iQSTEL Announces 47% YTD Preliminary Revenue Growth Results To $43.4 M

Retrieved on: 
Tuesday, July 5, 2022
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New York, NY, July 05, 2022 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today announced preliminary results for Q2 2022.

Key Points: 
  • New York, NY, July 05, 2022 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today announced preliminary results for Q2 2022.
  • Based on preliminary accounting, the company achieved $24 million in Q2 2022 exceeding Q1 results of $19.4 million by 23%.
  • The 2022 year to date (YTD) revenue based on preliminary accounting is $43.4 million, a 47% increase over the $29.5 million reported for the same period last year.
  • The recent Smartbiz and Whisl acquisitions only contributed revenue to the YTD results in June.