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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.


Share Structure
 
   

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. 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
#62735   As soon as the filings hit. mdm92 12/02/16 04:32:53 PM
#62734   Been ready for 2 years :) InvestBigWinBig 12/02/16 01:08:10 PM
#62733   let me know when you folks are ready ~ WarChest 12/02/16 12:29:02 PM
#62732   yeah, but most likely not for as long. mdm92 12/02/16 11:36:35 AM
#62731   Maybe he will let us know something soon. JAJ25 12/02/16 10:16:47 AM
#62730   Back in the dark. CraigsShort 12/01/16 06:43:47 PM
#62729   no, just saying that he isn't going to mdm92 12/01/16 11:45:34 AM
#62728   Did you contact Orie? Splash59 12/01/16 10:02:56 AM
#62727   good morning COHO.. I don't know about anyone no bucks 12/01/16 10:02:48 AM
#62726   He'll take his time to get everything out. mdm92 12/01/16 09:47:53 AM
#62725   Hope he does something soon. Looking for a JAJ25 12/01/16 09:00:05 AM
#62724   Well that's going to take six months at CraigsShort 11/30/16 09:33:30 PM
#62723   If you think about it, it's in Orie's mdm92 11/30/16 05:43:37 PM
#62722   Good volume today InvestBigWinBig 11/30/16 04:37:41 PM
#62721   I appreciate you sharing it. CraigsShort 11/30/16 03:28:36 PM
#62720   That's out of date. Don 11/30/16 03:11:06 PM
#62719   Found this on Google; http://www.kentuckypostnews.com/2016/11/30/short-interest- Checkfan 11/30/16 02:58:50 PM
#62718   Can't watch the paint dry like this. Losing CraigsShort 11/30/16 12:59:58 PM
#62717   And then some idiot wack lol selling at workofmajik 11/30/16 12:59:26 PM
#62716   Nice bids in L2 looks waaaaay better lil workofmajik 11/30/16 12:56:44 PM
#62715   Yea, let'em play for now...hoping/thinking this will be morg38off 11/30/16 11:04:10 AM
#62714   I hear ya, beer money when Dom Perignon JAJ25 11/30/16 10:40:12 AM
#62712   If u look it's people flipping the channel. workofmajik 11/30/16 10:35:53 AM
#62711   I hope not, just wondering where all these JAJ25 11/30/16 10:09:33 AM
#62710   He hasn't even gotten started yet, so why jderaney 11/30/16 10:06:56 AM
#62709   I don't think. Splash59 11/30/16 10:03:29 AM
#62708   hope it is not Orie selling these cheap shares. JAJ25 11/30/16 10:00:37 AM
#62707   No!!.. but maybe a 2 bedroom condo on no bucks 11/29/16 03:40:16 PM
#62706   Wasn't enough to buy Hawaii! $COHO THEGOOGLE5 11/29/16 02:50:45 PM
#62705   LOL!!! $COHO THEGOOGLE5 11/29/16 02:44:25 PM
#62704   LOL... you made out like a bandit on no bucks 11/29/16 02:41:49 PM
#62703   Huh? Don 11/29/16 02:36:46 PM
#62702   Yawn! Somebody wake me up when enthusiasm starts THEGOOGLE5 11/29/16 02:25:18 PM
#62701   299k available at .0019 and then nothing available TakeMeUpHigh 11/29/16 10:40:01 AM
#62700   299K at .0019 ~ then .0033 WarChest 11/29/16 10:36:40 AM
#62699   Yes, he is just flipping the company's he JAJ25 11/29/16 10:33:35 AM
#62698   interesting http://www.whatsonthorold.com/2016/11/28/otc-stock-change-could-cred Checkfan 11/29/16 09:26:05 AM
#62697   Hard to watch this, should be higher. Orie JAJ25 11/28/16 03:44:52 PM
#62696   From linkedin: morg38off 11/28/16 01:13:40 PM
#62695   That is fantastic!! Splash59 11/28/16 12:45:13 PM
#62694   awesome partners to have. GO COHO JAJ25 11/28/16 12:25:04 PM
#62693   4Service is considered to have one WarChest 11/28/16 12:17:47 PM
#62692   More news soon i hope, go coho JAJ25 11/28/16 12:17:21 PM
#62691   GM no bucks! Splash59 11/28/16 11:35:58 AM
#62690   good morning COHO! no bucks 11/28/16 11:32:35 AM
#62689   Come on guys just slap it ! Splash59 11/28/16 10:37:28 AM
#62688   304K @ .002 then .0033 WarChest 11/28/16 10:10:06 AM
#62687   Exactly! pennypos 11/27/16 09:12:58 PM
#62686   I thought it was Oregon! $COHO THEGOOGLE5 11/26/16 04:52:13 PM
#62685   It was trading on the GXG market, which mdm92 11/26/16 01:25:00 PM
PostSubject