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Crednology Holding Corp. (COHO)

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Last Post: 1/19/2017 2:10:45 PM - Followers: 330 - Board type: Free - Posts Today: 7

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: [email protected]

 

 


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.

 

 
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. Acquires E-Waste Company 11/14/2016 08:30:00 AM
PostSubject
#62482  Sticky Note $$COHO$$ DD PACKAGE workofmajik 11/15/16 05:29:30 PM
#61866  Sticky Note http://www.credholdingcorp.com/companynews/2016-10-31-COHO-GrowsThroughAcquisiti WarChest 10/31/16 09:44:55 AM
#61589  Sticky Note COHO is merging with ITATONCE and this is WarChest 10/26/16 08:11:05 PM
#63233   I feel nobucks pain, I have yelled a JAJ25 01/19/17 02:10:45 PM
#63232   FR:Whale Team COHO .0009 x .0010 on Bottom Bounce JAJ25 01/19/17 02:05:11 PM
#63231   It said coho .0009-.001 on bottom bounce watch. JAJ25 01/19/17 02:03:39 PM
#63230   Thanks...just picked up a little more today...did they morg38off 01/19/17 01:44:04 PM
#63229   Good thanks! Splash59 01/19/17 01:21:43 PM
#63228   Whale team sent out text message on coho. JAJ25 01/19/17 01:19:22 PM
#63227   Yes, it's normal for this stock to hit mdm92 01/19/17 10:51:26 AM
#63226   $COHO - Daily chart - Bottom is in PennyMaster 01/18/17 11:14:30 PM
#63225   I buy anything at this level. Have a THEGOOGLE5 01/18/17 09:11:37 PM
#63224   $COHO .0009 added some cheapies today, on bid PennyMaster 01/18/17 08:50:16 PM
#63223   No one told the ladies about the clearance Don 01/18/17 07:56:47 PM
#63222   Nothing like a positive attitude!!! We are THEGOOGLE5 01/18/17 06:05:48 PM
#63221   It might be better to let the market no bucks 01/18/17 05:40:57 PM
#63220   Lowes is running another paint sale! I might THEGOOGLE5 01/18/17 05:35:53 PM
#63219   LOL.. lack of interest. also not buying anymore no bucks 01/18/17 05:31:08 PM
#63218   I was waiting for you to do it! $COHO THEGOOGLE5 01/18/17 04:47:26 PM
#63217   What?? No paint job today!! no bucks 01/18/17 04:06:39 PM
#63216   Good post mdm92! Splash59 01/18/17 12:25:56 PM
#63215   Also it sounds like a year ago Orie mdm92 01/18/17 12:20:54 PM
#63214   Revenue increases are going to power the share mdm92 01/18/17 12:18:13 PM
#63213   No bucks, I just went to the site Splash59 01/18/17 09:02:21 AM
#63212   Alright guys, let me tell your something. MrKing 01/18/17 06:37:52 AM
#63211   Hey if if anyone is interested there for no bucks 01/17/17 07:00:11 PM
#63210   Wow... 6 months over already?? What the heck morg38off 01/17/17 06:20:04 PM
#63209   Lets go OREO. GO COHO. JAJ25 01/17/17 03:27:47 PM
#63208   No one buying those ether. no bucks 01/17/17 03:21:27 PM
#63207   Good, I thought you were selling at .0011. mdm92 01/17/17 03:14:04 PM
#63206   Hey... I have 3.5 million @.0044 and .5 no bucks 01/17/17 01:56:14 PM
#63205   You're always going to be able to dump mdm92 01/17/17 01:45:12 PM
#63204   This stock is pretty cyclical even when not mdm92 01/17/17 01:43:45 PM
#63203   Someone buy my 4 million shares...... please!!! no bucks 01/17/17 01:39:22 PM
#63202   I think I saw almost a million at CraigsShort 01/17/17 01:19:13 PM
#63201   Possibly time for the company to go back Snizzle 01/17/17 07:36:35 AM
#63200   Thank you. :-) just a learner 01/16/17 07:22:23 PM
#63199   Nobody knows anything official that's good or bad mdm92 01/16/17 04:08:50 PM
#63198   Not sure yet. It depends on if they mdm92 01/16/17 04:05:57 PM
#63196   So far same game, different name. I know Don 01/16/17 09:36:04 AM
#63195   Look through the stickies. This isn't the zac949 01/16/17 09:17:52 AM
#63194   Patience hasn't worked here for years. Why should Don 01/16/17 09:01:47 AM
#63193   Patience will pay off. Once the CEO zac949 01/15/17 11:06:11 PM
#63191   Lol! This coHO should be played for the Snizzle 01/15/17 09:20:57 PM
#63189   Lol. I thought you were the most bullish Checkfan 01/15/17 01:09:27 PM
#63186   Anybody know how much debt this new company just a learner 01/14/17 08:13:51 PM
#63185   Why not? you said yourself you you've been no bucks 01/14/17 01:36:16 AM
#63184   We have a pretty solid block at .0007-8 Snizzle 01/13/17 09:23:10 PM
#63183   Don't think that will happen! At least we THEGOOGLE5 01/13/17 07:36:59 PM
#63182   I'm starting to hate this stock with an no bucks 01/13/17 06:20:21 PM
#63181   I think something will happen before then! THEGOOGLE5 01/13/17 05:35:44 PM
#63180   Hmm, that was a good sized paint to mdm92 01/13/17 04:11:31 PM
#63178   Lmao....none for a long time my friend....looks like TooYoungToDie 01/13/17 03:08:11 PM
PostSubject