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flag Shareholders demand action over governance issues, audit fraud, and potential delisting at RevoluGROUP Canada.

flag A shareholder group representing over 10% of RevoluGROUP Canada Inc.’s shares has demanded urgent action over alleged governance failures, including asset stripping, improper director appointments, audit deception, and a potential delisting. flag The group criticizes a September 16 news release for using vague terms like “structurally independent” and “spin them off,” suggesting the removal of key subsidiary RevoluPAY without shareholder approval. flag It warns that delisting would erase regulatory protections, enabling unchecked asset transfers. flag The group disputes the company’s audit disclosures, asserting current management—not former directors—bears responsibility for related-party reporting, and calls the release a material misrepresentation. flag It also notes the company has not held an annual meeting since January 2024, violating the BC Business Corporations Act, and urges restoration of transparency, accountability, and shareholder rights.

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