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Crednology Holding Corp. (COHO)

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Last Post: 5/27/2017 1:45:15 PM - Followers: 365 - Board type: Free - Posts Today: 1

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.



 
   


          

•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 Quarter Ended 03.31.2017 05/12/2017 06:00:00 AM
COHO News: Crednology Holding Corp. Announces It's Largest E Waste Contract to Date 05/03/2017 09:11:00 AM
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
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
#66944   Movie always starts shortly after previews :-) bigcheeze 05/27/17 01:45:15 PM
#66943   Start? Don 05/26/17 11:00:37 PM
#66942   LOL. I'm heading out the door right now no bucks 05/26/17 08:05:56 PM
#66941   Front Row Tickets. Previews are on but the bigcheeze 05/26/17 06:36:10 PM
#66940   Once convertibles are done I expect this to mdm92 05/26/17 06:01:56 PM
#66939   It's just about time to reveal the T no bucks 05/26/17 04:11:10 PM
#66938   b4 GXG Markets ceased operations, Oriel has been sam1933 05/26/17 04:08:04 PM
#66937   The PPS doesn't matter to them. They convert mdm92 05/26/17 02:28:26 PM
#66936   Awesomeness in progress: we have reached a new sam1933 05/26/17 02:17:48 PM
#66935   I'm going to pop some tags! Only got THEGOOGLE5 05/26/17 01:29:25 PM
#66934   I tried but I ate the middle of THEGOOGLE5 05/26/17 01:18:04 PM
#66933   has anyone listened the interview with orie? sam1933 05/26/17 12:57:47 PM
#66932   When Don put up that hush puppy that THEGOOGLE5 05/26/17 12:52:13 PM
#66931   You first? Am I missing the point! You THEGOOGLE5 05/26/17 12:49:15 PM
#66930   More like soup!!! $COHO THEGOOGLE5 05/26/17 12:45:49 PM
#66929   I like the GOLDEN RULE--but-Me first! Is that contradictory?? getmoreshares 05/26/17 12:20:59 PM
#66928   Feel bad for others????????????????? getmoreshares 05/26/17 12:18:56 PM
#66927   you have a trading soul??? getmoreshares 05/26/17 12:18:14 PM
#66926   Yep the rah rah rah people look like THEGOOGLE5 05/26/17 12:07:52 PM
#66925   What happened to The Prophetic One and Work TakeMeUpHigh 05/26/17 11:18:57 AM
#66924   Yes its a turd guys . . Worst dubc 05/26/17 10:54:54 AM
#66923   BMIC on the ASK? Never seen that one sam1933 05/26/17 10:35:23 AM
#66922   Man I hate this POS with a incurable no bucks 05/26/17 10:33:29 AM
#66921   A can of aerosol paint exploded THEGOOGLE5 05/26/17 10:27:13 AM
#66920   LOL That is what I keep telling myself THEGOOGLE5 05/26/17 10:19:53 AM
#66919   what are you doing up so early?????????? getmoreshares 05/26/17 10:10:56 AM
#66918   It doesn't mean you're weak THEGOOGLE5 05/26/17 10:01:30 AM
#66917   Moving up early TakeMeUpHigh 05/26/17 09:38:09 AM
#66916   HOPE orie Will comes up with surprising positions... sam1933 05/26/17 09:32:27 AM
#66915   How in the world is a company that JAJ25 05/26/17 08:25:47 AM
#66914   https://finnewsdaily.com/crednology-holding-coho-is-interesting-performer/ TakeMeUpHigh 05/26/17 07:42:26 AM
#66913   Thanks for the info, will keep an eye nudie 05/26/17 06:51:57 AM
#66912   $COHO daily/weekly CART$ sam1933 05/26/17 06:32:00 AM
#66911   good to see you get the real message! getmoreshares 05/25/17 10:07:38 PM
#66910   I won't criticize your spelling! $COHO THEGOOGLE5 05/25/17 09:11:52 PM
#66909   this is Nucking Futs getmoreshares 05/25/17 07:07:39 PM
#66908   Another 10 mil after hours. TakeMeUpHigh 05/25/17 05:59:01 PM
#66907   Jeezus, this POS will be at no bid Don 05/25/17 05:02:24 PM
#66906   As of May 12 $35k of the $110k mdm92 05/25/17 04:46:11 PM
#66905   Probably around 50-70 million shares to go on mdm92 05/25/17 04:40:27 PM
#66904   Well I guess they didn't listen! A 10M THEGOOGLE5 05/25/17 04:18:22 PM
#66903   Who knows? Should have been over by now.. THEGOOGLE5 05/25/17 04:04:03 PM
#66902   Still here :) nudie 05/25/17 03:59:08 PM
#66901   I was referring to MHY$.. that's the biggest no bucks 05/25/17 03:54:21 PM
#66900   It has been longer than that! I have THEGOOGLE5 05/25/17 03:37:44 PM
#66899   They clearly jumped back in today at 5's. TakeMeUpHigh 05/25/17 03:30:54 PM
#66898   At least we're not at no bid........ for no bucks 05/25/17 03:24:17 PM
#66897   Nope this is it right now. JAJ25 05/25/17 03:21:41 PM
#66896   Is there a bigger turd on the boards??... no bucks 05/25/17 03:18:01 PM
#66895   Today's was for 11M @ 0.0005, during the Don 05/25/17 03:17:28 PM
PostSubject