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Crednology Holding Corp. (COHO)

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Crednology Holding Corp.

http://www.credholdingcorp.com

  Crednology Holding Corporation

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About Crednology Holding Corp.

Crednology Holding Corp, a Delaware corporation, is a public holding company that has been dedicated to enhancing shareholder value through a strategic combination of organic growth, mergers and profitable acquisitions.

The Company is engaged in the cloud computing segment of the technology sector as well as the Electronic Waste and Recycling business. The main products and services include cloud computing and virtual environment, disaster recovery and business continuity and managed services to corporate accounts as well as the recycling and disposal of E-Waste and other materials.


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Source: http://www.otcmarkets.com/stock/COHO/profile               
 

Website: http://www.credholdingcorp.com
•Phone:  
•Email: info@credholdingcorp.com

 

 


RECENT DEVELOPMENTS LINKS

October 31, 2016 12:19 ET

Crednology Holding, Corp. Grows Through Acquisition

Documents Signed to Purchase Two Cloud Computing Companies

NORTHRIDGE, CA--(Marketwired - Oct 31, 2016) -  Crednology Holding, Corp. (OTC PINK: COHO) ("Crednology") is pleased to announce the acquisition of two cloud computing companies on October 14, 2016

  • Crednology is issuing one class C preferential share to 4Service Cloud Tech AG ("4Service") in full payment for 100% of the stock of its subsidiaries Riteman, Inc. a California Company and Landmark PMG LLC dba 4Service and ITatOnce. The class C preferential share will have the ability to convert to 90% of the outstanding common stock of Crednology and will carry a 90% voting right until conversion.


    4Service Cloud Tech AG will assume responsibility for some debt of Crednology including funds due to the former CEO Rusty Breeze, amounts due to the State of Delaware and Crednology's accountants.


    The current board of Directors has resigned and a new Board will be appointed. Orie Rechtman -- current CEO of 4Service will serve as the CEO and Secretary of Crednology and further Board members will be appointed shortly.


    It is also agreed that Crednology's two current subsidiaries, CreditDNA, Inc. and ScoreNavigator, Inc. will be sold to Rusty Breeze for $160,000 the amount due him for outstanding salaries. This transaction closed on October 17, 2016.


    The Company plans to retain its current symbol COHO and will expand it's cloud computing base of business as well as look for opportunities to acquire companies in related fields such as business data storage, mobile and corporate cyber security and Electronics recycling.


    Crednology plans to update the web site shortly with more information about its new businesses.


     

Orie Rechtman, CEO of Crednology Holding Corp., commented, "4Service Cloud Tech AG is excited to become involved with a US public company. We anticipate that the planned growth of the business will result in much improved profitability and enhanced shareholder value."

Crednology Holding Corp, a Delaware corporation, is a public holding company that has been dedicated to enhancing shareholder value through a strategic combination of organic growth, mergers and acquisitions. The Company is engaged in the cloud computing segment of the technology sector. The main products and services include cloud computing and virtual environment, disaster recovery and business continuity and managed services to corporate accounts.

The market for cloud computing is growing at a staggering pace. In 2015 the industry experienced a rapid growth of 33% with the segment of business reaching over $16 billion by the year end. This market trend is expected to continue with growth of approximately 30% expected annually for the next few years.

4Service Cloud Tech AG is a Swiss company that is listed on the Marche Libre/Euronext Paris Exchange.

Safe Harbor and Informational Statement 
This press release may contain forward-looking information within the meaning of Section 21E of the Security Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statement of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii): the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends.

The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intend to identify forward-looking statements. Investors are cautioned that any such forward-looking statement are not a guarantee of future of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's statements and reports filed with the OTC Markets. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements.

 

 

CONTACT INFORMATION

 

For more information contact 

Orie Rechtman
ir@credholdingcorp.com
 


 

ABOUT CEO ORIE RECHTMAN


Mr. Rechtman has been a veteran of the computer industry since its inception 1980. He was a founder and leader in establishing the first distribution channel for computer software to K-12 educational institutions in the United States. As President of Home and School Computing Inc. Mr. Rechtman formed a sales and service organization to support over 35,000 schools nationwide. In 1989 Mr. Rechtman merged the company with Software, Hardware and It Service Co then a $2 Million in sales organization specializing in sales sales to enterprise clients. Mr. Rechtman served as the President until 1998 when he was appointed CEO and Chairman of the parent company WareforceOne.com Inc. Mr. Rechtman was the driving force behind the company’s growth. The company was recognized as one of the top 500 System Integrators (Ranked 176) in the USA with sales approaching $200 Million in the year 2000. The company was recognized as the 2nd largest company in its sector of a California based company. His vision and management skills were key elements behind the commitment to both internal-organic growth and external growth through a series of mergers and acquisitions. After the sale of the company in 2002, Mr. Rechtman continued his strategy of investment in small companies, providing them with management, capital and strategy - growing with the objective of maximizing return on investment and building value for the shareholders. Currently Mr. rechtman is the CEO of 2 organization he acquired and built 4Service Cloud Tech and IT at Once – providing Cloud Computing and high level Technology Managed Services to the mid-level business segment, schools and municipalities.





 

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COHO News: Crednology Holding Corp. Forward Momentum Continues 02/23/2017 06:00:00 AM
COHO News: Crednology Holding Corp. Announces Another New E-Waste Contract 02/21/2017 06:00:00 AM
COHO News: Crednology Holding Corp. Announces A New E-Waste Contract 02/16/2017 06:30:00 AM
COHO News: Crednology Holding Corp. Announces Extension to Existing E Waste Contract 02/14/2017 06:30:00 AM
COHO News: Crednology Holding Corp. Acquires E-Waste Company 11/14/2016 08:30:00 AM
PostSubject
#63703  Sticky Note *********((((((((( COHO DD ))))))))********* Shaz 02/23/17 03:39:48 PM
#62482  Sticky Note $$COHO$$ DD PACKAGE workofmajik 11/15/16 05:29:30 PM
#61589  Sticky Note COHO is merging with ITATONCE and this is WarChest 10/26/16 08:11:05 PM
#63749   Correct, and my buddy is stuck with 2 also TooYoungToDie 02/24/17 08:12:17 PM
#63748   4 plus 4 still makes 8 right. no bucks 02/24/17 08:10:45 PM
#63747   I smell a POP!!! Hope its soon! getmoreshares 02/24/17 07:14:46 PM
#63746   LOL!!!! RIGHT!!!! $COHO THEGOOGLE5 02/24/17 05:57:12 PM
#63745   Unfortunately I have it in 2 accounts! TooYoungToDie 02/24/17 05:47:51 PM
#63744   I think it was that ( to young no bucks 02/24/17 03:27:40 PM
#63743   We are cooking with COHO gas now! All THEGOOGLE5 02/24/17 02:53:39 PM
#63742   Only 1.52 million left at 12, 900k at TakeMeUpHigh 02/24/17 02:49:15 PM
#63741   2m at 12 is nothing. Just let him Axel 02/24/17 02:20:45 PM
#63740   Let's see if another idiot stacks the ask again.... Splash59 02/24/17 02:06:21 PM
#63739   Slowly but surely we are knocking out those THEGOOGLE5 02/24/17 01:51:45 PM
#63738   Sorry, I meant $800k/year. I think this could mdm92 02/24/17 12:29:04 PM
#63737   If that's the case... WOW... old COHO couldn't no bucks 02/24/17 12:26:51 PM
#63736   I just think with Orie putting out $100k mdm92 02/24/17 12:17:42 PM
#63735   $200,000 would be amazing.. I was thinking more no bucks 02/24/17 12:12:08 PM
#63734   Also, we will only see half a quarter mdm92 02/24/17 12:09:10 PM
#63733   What dollar amount would you be disappointed with? mdm92 02/24/17 11:52:50 AM
#63732   Well when it does come out we will no bucks 02/24/17 11:35:04 AM
#63731   Rusty used to issue the reports early. I'm mdm92 02/24/17 11:28:05 AM
#63730   Let's hope that Q REPORT comes soon with no bucks 02/24/17 10:24:06 AM
#63729   Yesterday you said it was 4 million? Make no bucks 02/24/17 10:17:25 AM
#63728   The company itself is not diluting but dilution jderaney 02/24/17 09:41:05 AM
#63727   Seeing a lot of posts from those I TakeMeUpHigh 02/24/17 07:47:45 AM
#63726   Starting off the morning #42 on the BOB. TakeMeUpHigh 02/24/17 07:46:41 AM
#63724   The bid price is a joke and I TooYoungToDie 02/24/17 12:00:38 AM
#63720   4 prs and look at the price! TooYoungToDie 02/23/17 11:37:57 PM
#63719   Currently, COHO CEO Orie Rechtman is the CEO Shaz 02/23/17 09:06:30 PM
#63718   Absolutely, this is ready. Company updates look great. pennypos 02/23/17 08:53:38 PM
#63717   thank you, heads up/ [T]COHO[/T] mick 02/23/17 08:28:43 PM
#63716   Go coho GAINSDAY 02/23/17 07:50:49 PM
#63715   Agree on that this is a no brainer Traderlife 02/23/17 07:40:38 PM
#63714   new management, contact signings, new revenue streams in Shaz 02/23/17 07:39:28 PM
#63713   Nice this one looks good here Traderlife 02/23/17 07:11:42 PM
#63712   4 pr's in the last 9 days including Shaz 02/23/17 07:07:01 PM
#63711   When the report is out it'll be too Axel 02/23/17 05:12:12 PM
#63710   Yep, nobody knows the financial impact of the Checkfan 02/23/17 05:10:38 PM
#63709   There hasn't been a reason yet for movement. mdm92 02/23/17 04:46:37 PM
#63708   think you should recheck your chart. getmoreshares 02/23/17 04:13:36 PM
#63707   With no movement what so ever? no bucks 02/23/17 04:05:02 PM
#63706   Highest volume in several months. Splash59 02/23/17 04:02:38 PM
#63705   This is a buy now. It won't be mdm92 02/23/17 03:57:10 PM
#63704   You got it!! lol Splash59 02/23/17 03:44:37 PM
#63703   *********((((((((( COHO DD ))))))))********* Shaz 02/23/17 03:39:48 PM
#63702   Patience, could be March, 31 :D Checkfan 02/23/17 03:13:06 PM
#63701   Those guys are still around waiting. They need mdm92 02/23/17 03:12:58 PM
#63700   Somebody put some draino on that clog. Now THEGOOGLE5 02/23/17 03:07:02 PM
#63699   We're just waiting for the Q REPORT to no bucks 02/23/17 03:06:39 PM
#63698   Ok Understood. Checkfan 02/23/17 02:56:13 PM
#63697   Yes clogged or loaded with shares on the ask! Splash59 02/23/17 02:42:11 PM
#63696   slow and steady wins every time Shaz 02/23/17 02:40:23 PM
PostSubject