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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. 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
#33217   Love your pictures.... Just like looking at myself THEGOOGLE5 03/26/12 04:15:43 PM
#33216   Just what the Good Doctor Ordered! GL, GA Green Arrow 03/26/12 04:12:20 PM
#33215   Actually he was 3 minutes and 20 seconds THEGOOGLE5 03/26/12 04:04:16 PM
#33214   The painter made it on time today.... How Don 03/26/12 04:02:55 PM
#33212   new folks are learning how this one trades. imgoingfishing1 03/26/12 03:26:41 PM
#33211   Good luck with that bottom call... And yes, Don 03/26/12 03:15:02 PM
#33210   NOPE, im waitin till the companys done sellin. imgoingfishing1 03/26/12 03:12:05 PM
#33209   The bottom where found today - you must bigroller1 03/26/12 03:04:29 PM
#33208   bigroller1 ive already said after the dilution is imgoingfishing1 03/26/12 02:58:35 PM
#33206   If you do not longer believe in this bigroller1 03/26/12 02:49:30 PM
#33205   good luck imgoingfishing1 03/26/12 02:46:47 PM
#33204   ty are real but only the NITE with bigroller1 03/26/12 02:45:00 PM
#33203   what about the 8M at .001? imgoingfishing1 03/26/12 02:39:06 PM
#33202   Hi Bigroller1, Green Arrow 03/26/12 02:38:52 PM
#33201   There is a Fake Wall at @11 - bigroller1 03/26/12 02:31:26 PM
#33200   Hi Don, Green Arrow 03/26/12 02:11:27 PM
#33199   THEGOOGLE5, Thanks for the Lady Bug! I marked Green Arrow 03/26/12 02:06:25 PM
#33198   All smiles here in COHO land! THEGOOGLE5 03/26/12 02:03:05 PM
#33197   Must be great to be green.... Don 03/26/12 01:58:46 PM
#33196   Lucky ladybug! THEGOOGLE5 03/26/12 01:53:17 PM
#33195   Now the @9 are history - the next bigroller1 03/26/12 01:52:30 PM
#33194   I just slapped the ask for 1.4 million! Green Arrow 03/26/12 01:44:41 PM
#33193   This was good - enjoy your Cheapies - bigroller1 03/26/12 01:33:37 PM
#33192   Just got a 2.4M hit on the ask... THEGOOGLE5 03/26/12 01:26:40 PM
#33191   Don't forget the free shipping with every $26 bigroller1 03/26/12 01:24:36 PM
#33190   Now we are being psyched with 71K shares THEGOOGLE5 03/26/12 01:20:55 PM
#33189   NITE just put 1.5M available on 9.... Don't THEGOOGLE5 03/26/12 12:37:17 PM
#33188   we have seen 20 M + bid wacks imgoingfishing1 03/26/12 12:29:35 PM
#33187   More than 14 Mio are in Bid at@8 bigroller1 03/26/12 12:28:07 PM
#33186   9's are really thin... Just 5M paint @ THEGOOGLE5 03/26/12 12:17:21 PM
#33185   Now Buys come in - the last Cheapies bigroller1 03/26/12 12:14:22 PM
#33184   I think it is just people who bought THEGOOGLE5 03/26/12 11:55:12 AM
#33183   How many of those out there? Anybody? CIKTrader 03/26/12 11:53:19 AM
#33182   Does it even float? THEGOOGLE5 03/26/12 11:51:02 AM
#33181   Maybe it's still people holding 6s who didn't ptrigger 03/26/12 11:50:34 AM
#33180   There are no links available to show the Don 03/26/12 11:47:49 AM
#33179   mango why do you think its dropped to imgoingfishing1 03/26/12 11:44:23 AM
#33178   It's just MM playing games and accumulation.. IMO... THEGOOGLE5 03/26/12 11:44:20 AM
#33177   0008s before lunch and a close of 0006. IMO ptrigger 03/26/12 11:31:26 AM
#33176   People were trying to get 11 out of THEGOOGLE5 03/26/12 11:27:51 AM
#33175   if you search post from early in march imgoingfishing1 03/26/12 11:25:52 AM
#33174   Lot of red today, closer to .0008 than Depcom 03/26/12 11:25:41 AM
#33173   Do you have a link that shows those Mango 03/26/12 11:18:23 AM
#33172   Starting to show some good volume.... THEGOOGLE5 03/26/12 11:07:38 AM
#33170   Yep!! Barly 03/26/12 10:32:12 AM
#33167   Everyone is waiting - this is the calm bigroller1 03/26/12 10:15:17 AM
#33165   Buy the ask .... let's go. Take COHO up! Mango 03/26/12 09:47:02 AM
#33164   alot of new folks were not here when imgoingfishing1 03/26/12 09:23:31 AM
#33163   We followed the money and posted links. $80,000+ BigDaddyStack 03/26/12 08:06:42 AM
#33162   Im looking forward to what I think will INTHEKNOW1 03/26/12 07:10:19 AM
PostSubject