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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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Website: http://www.credholdingcorp.com
          

•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. Files Financial Statements for the Year Ended 12.31.2016 04/19/2017 07:55:00 AM
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
PostSubject
#65325  Sticky Note Extended $COHO DD sam1933 04/04/17 09:25:15 AM
#62482  Sticky Note $$COHO$$ DD PACKAGE workofmajik 11/15/16 05:29:30 PM
#66295   We'll sell it all at the 8's and TakeMeUpHigh 04/28/17 01:42:30 PM
#66294   What you have is 50 million pounds of Jshitbird 04/28/17 01:23:25 PM
#66293   I has a different amount every time he THEGOOGLE5 04/28/17 01:19:07 PM
#66292   Back to even on the day as 8's TakeMeUpHigh 04/28/17 01:14:21 PM
#66291   I have 50 million, i puke every morning TooYoungToDie 04/28/17 01:06:15 PM
#66290   Better sell all you have now then while TakeMeUpHigh 04/28/17 01:05:12 PM
#66289   Alright now they moved to 8's...,woohoo!!! TakeMeUpHigh 04/28/17 01:03:14 PM
#66288   Mark this post Goin to .0001 by June TooYoungToDie 04/28/17 01:02:39 PM
#66287   WAY TO GO, OREO JAJ25 04/28/17 12:07:40 PM
#66286   a definite WTF day! they just never give getmoreshares 04/28/17 10:21:13 AM
#66285   http://www.otcmarkets.com/stock/COHO/filings TakeMeUpHigh 04/28/17 10:08:01 AM
#66284   Wow they just did it again. TakeMeUpHigh 04/28/17 09:55:29 AM
#66283   And now VNDM has moved to 7's. TakeMeUpHigh 04/28/17 09:50:52 AM
#66282   Wow nice sell of 4K shares at .0006. TakeMeUpHigh 04/28/17 09:49:51 AM
#66281   It's the only reasonable thing to blame. They Traderfan 04/28/17 07:11:35 AM
#66280   It is easy to blame VNDM, all "we" Checkfan 04/28/17 06:50:48 AM
#66279   Tons of interest according to the volume...who is sam1933 04/28/17 06:41:02 AM
#66278   All this talk about getting/being current is useless Traderfan 04/28/17 05:05:03 AM
#66277   So, is there another letter needed based on Checkfan 04/28/17 01:54:02 AM
#66276   Attorney letter has now been posted. TakeMeUpHigh 04/27/17 11:24:25 PM
#66275   8's are slowly getting taken out TakeMeUpHigh 04/27/17 03:23:15 PM
#66273   I was told the same thing in a The Prophetic One 04/27/17 11:28:28 AM
#66272   Please post that email BottomzUpp 04/27/17 11:24:52 AM
#66271   Hopefully he will put out the company will JAJ25 04/27/17 10:38:03 AM
#66270   So attorney letter likely gets filed tomorrow and TakeMeUpHigh 04/27/17 10:35:14 AM
#66269   If ORIE turns in paperwork to double our no bucks 04/27/17 10:31:37 AM
#66268   Yep, it's coming but some BIG NEWS and The Prophetic One 04/27/17 10:24:30 AM
#66267   Response from CEO: TakeMeUpHigh 04/27/17 10:20:16 AM
#66266   PITIFUL JAJ25 04/27/17 08:40:00 AM
#66265   We have oreo gutenberg as ceo . . dubc 04/27/17 07:56:33 AM
#66264   wonder when the dilution will end ... zzzzzzz Den 04/27/17 03:56:41 AM
#66263   I think a coach once said .... we no bucks 04/27/17 12:30:29 AM
#66262   Good to keep the joke alive for the dubc 04/26/17 08:18:25 PM
#66261   This is so low it is what a THEGOOGLE5 04/26/17 08:15:58 PM
#66260   Is it a turd yet ? dubc 04/26/17 08:10:34 PM
#66259   Like I said.. I bought 8's and 7's THEGOOGLE5 04/26/17 07:22:17 PM
#66258   looks like now is the time to add-- getmoreshares 04/26/17 06:48:18 PM
#66257   BEEP BEEP BEEP the truck is backing up-- getmoreshares 04/26/17 06:45:24 PM
#66256   Well, someone or group has been and still morg38off 04/26/17 05:31:07 PM
#66255   From Russia with love....russians are co. Artists and starkd748 04/26/17 05:22:56 PM
#66254   Wow! Over 17M T trade! Lets hear some THEGOOGLE5 04/26/17 05:02:40 PM
#66253   Yep, same here. The Prophetic One 04/26/17 05:02:26 PM
#66252   Going to Lake Logan, NC... Brother and son THEGOOGLE5 04/26/17 04:54:14 PM
#66251   Fly or regular fishing! We have good fishing getmoreshares 04/26/17 04:20:47 PM
#66250   chart ...waiting for a move here Den 04/26/17 04:20:39 PM
#66249   All I know is I am on a THEGOOGLE5 04/26/17 04:18:08 PM
#66248   I don't know about MLOVE I just know THEGOOGLE5 04/26/17 04:15:27 PM
#66247   !!!!!!!!!! WTF!!!!!!!!!!! getmoreshares 04/26/17 04:13:37 PM
#66246   It makes one wonder! Just what did go no bucks 04/26/17 04:07:12 PM
#66245   Using your words! PITIFUL $COHO THEGOOGLE5 04/26/17 03:58:19 PM
PostSubject