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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. Announces Another California Recycling Contract 03/10/2017 06:00:00 AM
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
PostSubject
#64510  Sticky Note COHO CHART & DD Report The Prophetic One 03/18/17 02:15:47 PM
#62482  Sticky Note $$COHO$$ DD PACKAGE workofmajik 11/15/16 05:29:30 PM
#64840   Hoping it's our company buying them....we shall see morg38off 03/29/17 11:16:53 AM
#64839   It's like a 100,000,000 every week for at no bucks 03/29/17 11:15:06 AM
#64838   It looks like it. Splash59 03/29/17 11:05:34 AM
#64837   Someone's buying all these shares. Someone with deep no bucks 03/29/17 10:55:11 AM
#64836   23.76 million already in volume today TakeMeUpHigh 03/29/17 10:48:58 AM
#64835   Now that's interesting. Splash59 03/29/17 10:48:23 AM
#64834   #8 on the BOB. no bucks 03/29/17 10:47:09 AM
#64833   Some group or people wants in badly at Splash59 03/29/17 10:35:36 AM
#64832   Looked like a retail dump to me on The Prophetic One 03/29/17 10:31:58 AM
#64831   Scratch that...16 million just bought and VNDM still TakeMeUpHigh 03/29/17 10:30:18 AM
#64830   Another 1 million gone. Keep chipping away TakeMeUpHigh 03/29/17 10:29:10 AM
#64829   Are we rich yet?? no bucks 03/29/17 10:26:04 AM
#64828   I'll be taking another chunk when I free The Prophetic One 03/29/17 10:21:58 AM
#64827   780k already gone. Keep knocking VNDM out! TakeMeUpHigh 03/29/17 10:13:09 AM
#64826   Yep, ceo has not even put out any JAJ25 03/29/17 09:59:33 AM
#64825   The next few PR's that hit the wires The Prophetic One 03/29/17 09:55:37 AM
#64824   The best part here is that when VNDM The Prophetic One 03/29/17 09:54:24 AM
#64823   YEAR END FINS DUE BY FRIDAY. GO COHO JAJ25 03/29/17 09:53:46 AM
#64822   Peanuts..........VNDM is almost out of shares from what The Prophetic One 03/29/17 09:53:23 AM
#64821   COHO starting out at #12 on the BOB TakeMeUpHigh 03/29/17 09:48:51 AM
#64820   COHO at the start... TakeMeUpHigh 03/29/17 09:42:15 AM
#64819   Early in the morning. The Prophetic One 03/29/17 09:37:12 AM
#64818   What time has VNDM been showing up when fliboyz 03/29/17 09:32:02 AM
#64817   this alone worth millions imo http://investorshub.advfn.com/uimage/uploads/ sam1933 03/28/17 08:32:15 PM
#64816   Yes, lot's of real good stuff....can't wait for morg38off 03/28/17 08:17:55 PM
#64815   Our Customers Love Us: http://www.itatonce.com/testimonials-2/ sam1933 03/28/17 08:05:59 PM
#64814   my limit partially filled. hope to get the sam1933 03/28/17 07:56:28 PM
#64813   You got that right....check this out...think how much morg38off 03/28/17 07:53:53 PM
#64812   They were all .00098 or above.....might as well The Prophetic One 03/28/17 07:46:15 PM
#64811   mostly 1's or below today getmoreshares 03/28/17 06:32:40 PM
#64810   form t--- boys and girls! getmoreshares 03/28/17 06:31:53 PM
#64809   Just on her hard assets alone coho will fly!!! sam1933 03/28/17 06:25:06 PM
#64808   Like the old say: Volume and then price! Splash59 03/28/17 04:17:38 PM
#64807   It showed 6.5M but that wasn't the true THEGOOGLE5 03/28/17 04:02:22 PM
#64806   I thought it would be today, I will JAJ25 03/28/17 03:56:50 PM
#64805   How many are at .0009??? no bucks 03/28/17 03:56:08 PM
#64804   Watch for NEWS tomorrow. The Prophetic One 03/28/17 03:55:17 PM
#64803   no t-trade, no t-trade, no t-trade, no t-trade. JAJ25 03/28/17 03:54:11 PM
#64802   Hope they don't get them JAJ25 03/28/17 03:31:12 PM
#64801   Someone wants a lot of shares cheap. mdm92 03/28/17 03:07:33 PM
#64800   Ok let's use your money!!. Just kidding go coho no bucks 03/28/17 02:54:27 PM
#64799   Better to move forward being able to say The Prophetic One 03/28/17 02:29:54 PM
#64798   18,000,000+ @.0009 no bucks 03/28/17 02:26:57 PM
#64797   The Notes that are left were issued right mdm92 03/28/17 02:21:53 PM
#64796   Just LOADING and WAITING for those LARGE CONTRACTS The Prophetic One 03/28/17 02:12:50 PM
#64795   There was a lot of unknown. It makes mdm92 03/28/17 02:12:30 PM
#64794   held on to tight thinking this was silver JAJ25 03/28/17 02:04:14 PM
#64793   COHO now at 22 on BOB TakeMeUpHigh 03/28/17 02:03:02 PM
#64792   Yep, but I think if they wait a The Prophetic One 03/28/17 02:01:46 PM
#64791   that was sarcasm by the way, forgot your JAJ25 03/28/17 02:00:02 PM
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