WHY is that so, you may ask? Well it is because looking at Revenue Group's un audited results, two things are pretty obvious.
ONE, a certain party is desperately attempting to put back cash into the company, which they themselves had SAKAU.
WHY they are doing this is pretty obvious. The corporate mafia already know that law enforcement exercise to break the neck of their operations is on the way. So there is a need to cover the tracks.
TWO, for a company which claims to be operating 90,000 EDC terminals in Malaysia, Revenue Group HAS NO BUSINESS.
WHERE have all this business vanished. Is it not obvious? No one wishes to do business with a gangster. VIEW : Revenue Group Turnover at RM10 million.
DO you know the value of the transaction per day handled by each Revenue Group EDC terminal ?
THE answer to that question is RM3.74 per EDC terminal per day. Below is the calculation for it.
Turnover : RM10, 101 million divide by 90, 000 EDC terminal divide by 90 days, times 100 equals to RM3.74 per day .
AWANG Adek Hussin, the executive chairman of the Securities Commission, and Wahid Omar of Bursa Malaysia, you still believe that converting Revenue Warrants at triple digit per centage figures is NORMAL?
IF that is the case, then it is definitely time for law enforcement to investigate the Securities Commission and Bursa Malaysia, instead of some gangsters who only know how to do RM3.74 per terminal on a daily basis.
