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Re: riskreward007 post# 67526

Friday, 04/07/2017 12:06:16 PM

Friday, April 07, 2017 12:06:16 PM

Post# of 68821
Unfortunately, the premise of each question you asked is innacurate, however I will answer for the purpose of clarification. Also, this is not a forum I choose to spend a lot of time on and I am only here briefly to:
1) apologize to you for my decisions and the companies status;
2) encourage you that things could improve.

You asked:
1) How can company that never reports its income, and never communicates with shareholders NOT BE A SCAM?

The company was fully reporting from 2009 - 2015. The company has been charged with correcting elements of its reports from 2013 to current.

2) In your opinion does management ever intend to "make things right" with REVO shareholders, or will they be keeping all the money they have collected from lawsuits, products, etc. now and in the future?

I have no idea what the intentions of management are.

3) Does REVO management have any interest in ever filing a 211 form to get off the Grey Market and becoming a public company with normally trading stock again? Or correcting their inaccurate financial filings? Or, is this a convenient situation for them, where they never have to report their income and never have to answer to shareholders?

Again, I have no idea the direction management will take.

3) What about dilution of REVO shares with newly issued Preferred shares? Is that happening? Does it mean that our shares are essentially worthless or worth less now?

Preferred shares do not dillute REVO shareholders.

4) What is the SEC's role in all this? Are they watching REVO management closely to keep them on the straight and narrow path? Are they at all concerned about what has happened to REVO shareholders? Or are they too busy to care or bother with any real oversight of the company?

The SEC's role can be found on their website. I am not involved with REVO or management in any capacity. I do not know their feelings.

5) You claim that REVO management essentially stole your patents, and that you were fired in violation of your employment agreement.

I never said REVO stole my patents. I willingly assigned my patents to the company because it was the right thing to do. Since that assignment I have not agreed with some of the decisions of the company and I also trusted that many decisions were in the best interest of the company, only to find out later that they weren't.

Quote:
I was presented with a severance agreement on September 28, 2016, which offered me little to nothing and was not even in compliance with the terms of my employment agreement. I'm sure you are aware of the benefactors of my patents which I willingly assigned to REVO and I can assure you to date I am not one. The main thing that has been lost is my input and control.


So, do YOU have any interest in leading the charge and fighting to right these wrongs, i.e. teaming up with REVO shareholders in a class-action lawsuit against REVO management and cooperating with the SEC to try and get control of your patents and the company again, and to take REVO in the right direction for the shareholders and the future?

I pray that management will do what's right for all. I don't have a lot of confidence that it will because in my humble opinion, the company lacks the integrity it needs to move forward. Cooperating with the SEC means to me.... telling the truth... which does not take much effort. Getting control of the patents has not been a focus of mine becuase I dont need control, simply influence. The patents still have unbelieveable value and very unique relevance in a massive industry.




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