October 17, 2013 announcement of new locations August 5, 2013 https://www.youtube.com/watch?v=DVuaW19Kz4s&feature=youtube_gdata_player
Youtube video from NBC on Score Navigator August 1, 2013
NEWS: Crednology Holding Corp's Affiliate, Score-Up, Enters Into Agreement for 30,000 Potential New Client Jul 24, 2013
GRAY, GA. August 1, 2013 Crednology Holding Corp (OTC PINK: COHO),
parent company of the nation’s leading Online Credit Management company with 24/7 access and exclusive Point Deduction Technology software,
is pleased to inform shareholders that the Company's affiliate, Score-Up, Inc. entered into an agreement with
The International Women's Leadership Association to provide credit management services to its 30,000 members worldwide.
Under the agreement, The International Women's Leadership Association will refer its Canadian members to Score-Up while referring its US members to CreditDNA and Score Navigator.
The Company projects revenue for the second half of fiscal 2013 will be significantly above that of 2012 due to this new agreement with The International Women's Leadership Association.
"The International Women's Leadership Association is a global organization designed to deliver reliable resources that meet the 'in-the-moment' needs of women around the world,"
said Beth Johnston, Executive Director. “Patricia is sharing her life’s journey with other women in the most positive way.
She is sharing her results so other women understand how managing their credit score creates greater opportunity to more forward more successfully, both personally and professionally."
"As a member of the The International Women's Leadership Association, I am extremely excited they have selected Score-Up to provide its members with credit management services,"
said Patricia Giankis, Chief Financial Officer of Crednology Holding Corp. "We are confident the Company's vast array of services will be highly beneficial to its members."
07/02/2013 Crednology Holding Corp Seeks to Expand Its Portfolio of Operating Subsidiaries
(ACCESSWIRE via COMTEX) -- Company Expands Client Services to Include Tax Preparation
GRAY, GA. July 24, 2013 Crednology Holding Corp (OTC PINK: COHO) the nation's leading Online Credit Management company with 24/7 access and exclusive Point Deduction Technology software is pleased to inform shareholders
that the Company's Canadian affiliate, Score-Up, Inc. has retained Eddison Doyle, MBA FCCA CGA as its new Chief Financial Officer.
Mr. Doyle has over 28 years cross-industry experience in finance and business operations. He has held various senior executive positions including Senior Marketing Executive, Chief Financial Officer
and Chief Operating Officer in major global companies such as AT&T and Lucent Technologies Canada Corp. As Lucent Technologies Canada's Chief Financial Officer (1998-2003), Mr. Doyle was directly responsible
for revenue growth from $30 million to more than half a billion dollars. Mr. Doyle presently serves as President and CEO of E Doyle Business Services Inc, a strategic management and accounting firm.
Mr. Doyle also serves as a Partner of RLB & Associates, CPAs, an accounting firm based in Miami, FL.
Mr. Doyle holds an MBA in Finance and Strategy from the University of Toronto; is a Fellow of the Chartered Association of Certified Accountants- F.C.C.A (U.K.); is a Certified General Accountant - C.G.A.,
Member of the Canadian Institute of Investor Relations and Member of Financial Executive Institute.
He is also a graduate of the Harvard University's Graduate Business Schools' Diploma Program-"Driving Corporate Performance from Scorekeeping to Strategy."
Beginning in August, the Company will begin offering free to low cost tax based services to its clients with enrollment in its credit management program.
The Company has reached terms on opening a new CreditDNA location in Miami, FL to utilize the services of Mr. Doyle's accounting expertise.
"We are honored to welcome Mr. Doyle to the our team. He is joining at a pivotal point in our evolution. His experiences will prove invaluable as we expand our reach into new markets,
penetrate key segments and launch new services," said Brian P. Schwelling, Interim President of Crednology Holding Corp.
"The addition of providing tax services to our clients is a win for win for both our clients and the Company."
July 10, 2013
GRAY, GA. July 10, 2013 Crednology Holding Corp (OTC PINK: COHO)
the nation’s leading Online Credit Management company with 24/7 access and exclusive Point Deduction Technology software
is pleased to inform shareholders that the Company has expanded its operations in the southeastern United States
by opening two new service centers in Atlanta, GA.The first office will be located in Southwest Atlanta, GA
with the second being located within the Discover Mills Mall in Lawrenceville, GA.
Each location will offer the Company's ScoreNavigator product as well as the Company's credit
management product through CreditDNA. The addition of these two brick & mortar stores will allow the Company to
reach out directly to consumers and expand its customer base. Each store will be wholly owned by the Company. The
Company anticipates the opening for each store to occur during the current month with positive revenue recognition for
each to be recognized during the current fiscal quarter.
The Company currently has plans to open at least two additional service centers during the current calendar quarter.
The first service center is scheduled to be opened in Buffalo, NY with the second in Miami, FL. At each of these locations,
the Company's proprietary software will be licensed for operation.
"We are extremely excited to move forward with our expansion plans and launch this new phase of operation," said
Patricia Giankas, Chief Financial Officer of Crednology Holding Corp. "The establishment of an everyday presence in the
Metropolitan Atlanta area will allow the Company to not only attract consumers directly, but it will also grant us the
opportunity to further our B2B business. Our potential for growth remains extremely opportunistic at this time."
GRAY, GA. July 2, 2013 Crednology Holding Corp (OTC PINK: COHO) the nation’s leading Online Credit Management company with 24/7 access and exclusive Point Deduction Technology software is pleased to inform shareholders that the Company is in negotiations to expand its portfolio of operating subsidiaries.
Crednology Holding Corp, the parent company to Credit DNA, Inc. and ScoreNavigator, Inc., has entered into negotiations to acquire a New York based educational software firm. The targeted acquiree is a producer and distributor of computer software and video educational materials on CD and DVD formatted disks which are available through various distributors and its websites. The firm provides standards-based instruction through its fully animated talking virtual textbooks. Its fully animated, interactive featured, colorful, and audio virtual textbooks have combined rigorous content along with a variety of practice problems, activities, assessments, games, and productivity tools with the intent of improving the performance of students via proprietary web-based platforms that engage students, reinforce and reward learning achievement.
In furthering its expertise in the credit industry, the Company has formed a new wholly owned operating subsidiary, CreditDNA, Inc. CreditDNA is a credit management company that utilizes the Company's exclusive Point Deduction Technology. Its proprietary technology has the unique ability to analyze a credit report and give full visibility to the points being deducted for each account, which then allows our trained staff the ability to create an actionable plan that will help our members reclaim those precious points and raise their credit score.
The Company has elected to sell Crednology, Inc. to better concentrate on its proprietary software based credit platform. Terms of the sale were not disclosed and closing is anticipated to occur during the calendar third quarter. The formation of CreditDNA will allow the Company to provide the same services to its credit clients with much improved margins versus Crednology, Inc.
"We are extremely pleased to inform shareholders about our proposed acquisition and the formation of our new credit subsidiary," said Brian P. Schwelling, Senior Vice-President of Crednology Holding Corp. "It is our goal to build the HOLDING Company through organic growth as well as acquisitions which are immediately accretive."
About Crednology Holding Corp:
Crednology Holding Corp is the parent Company for its two operating subsidiaries, Credit DNA, Inc. and ScoreNavigator, Inc. CreditDNA is a Credit Management company which utilizes an exclusive Point Deduction Technology. Its proprietary technology has the unique ability to analyze a credit report and give full visibility to the points being deducted for each account, which then allows our trained staff the ability to create an actionable plan that will help our members reclaim those precious points and raise their credit score. CreditDNA provides members with up-to-date credit education material and assigns a credit coach to assist in keeping members on the right credit path. CreditDNA's Credit Management Program is recommended for anyone concerned with establishing a credit history that will allow them to become desirable borrowers for lenders, for anyone that is paying high insurance premiums, for anyone that is thinking of applying for credit or even a new job. CreditDNA offers you the ability to view all three credit bureaus: Equifax, Experian and TransUnion 24/7 through a private secured website designed to help members manage and monitor their credit. ScoreNavigator is a credit analysis tool designed for consumers and loan originators. It analyzes the electronic version of a credit report and recommends the quickest way to achieve a credit score and to achieve the score needed for loan approval. ScoreNavigator analyzes your total credit picture based on the data reported by the bureaus. The combinations of your total credit picture, as well as, each individual item are factors in determining the score impact of each individual item on a report. ScoreNavigator determines with 92% accuracy the point impact of each trade line on a credit report, whether positive or negative.
IMPORTANT PR FROM CEO RUSTY BRESSE
October 17, 2014
Crednology Holding Corp's CEO Reports Updates To Shareholders
I have had many inquiries on the progress and status of COHO. I think it’s important
Shareholders understand a few things about our products, how important they are in the
marketplace and what our intentions are to continue building the company.
Sometimes companies go public to raise capital to grow their business. This was not the case
when we acquired Cooper Holding and a long list of their shareholders. My goal was to take my
companies to the next level so going public became an option. During the past year and a half
my team and I have had to make company decisions based upon shareholder consideration,
which in a positive way keeps us conservative. Due diligence was an option in the past but not a
priority, today it is a priority so the better deals seem to take longer than most.
To recap the year we were endorsed from The International Woman’s Leadership Association.
The IWLA is a dynamic, diverse and dedicated community of women, each aspiring to rise to
her greatest level of potential while encouraging others to do the same. We have been working
closely with Founder Beth Johnston and her 30,000 strategic partners to find solutions for our
client base in mortgage origination and real estate. Understanding the uniqueness of our
products and training takes time, training, and careful planning. Soon this will pay big dividends
as they have so many experts out there encouraging people to use our products.
In January, we took on the servicing for Leading Edge Financial, a credit management company
in Florida. They like any start up business have had their ups & downs but are still determined
to growing their business and client base. The predictions on memberships have not yet
reached the goals intended but we are optimistic the upcoming year will be profitable and their
earlier projections will be met. We are working closely with their team to assure their success.
During the year we partnered up with a mortgage group who formed CreditDNA Study. The
founders started a nonprofit to offer credit and financial management services thru CreditDNA
to gather data to help with a behavioral program we are building. This group is promoting this
model to many lenders and we are beginning to see a growth in member enrollments.
During the past year we have had several companies who wanted to purchase or merge
Crednology Holding Corp so they may profit by raising capital and dumping shares. Their
companies showed no real value. We have also interviewed many companies who we thought
might be a great fit for us to increase revenue but after due diligence and careful consideration
we felt it was best not to destroy our reputation for short term business. On the other hand
there were one or two major companies who loved our products but felt our company wasn’t
quite big enough to handle the volume they could produce. They are still in waiting and as we
ramp up we will put those deals together.
After a year working back and forth we finally went into a win /win contract with a major sales,
marketing, and management company to utilize their experience and contacts to build
CreditDNA and ScoreNavigator. We are still in the training stages but look for a big launch here
in the 4th quarter. This is the perfect marriage for our company as they are experts at building
businesses. I will follow with a press release as soon as we do the first launch. We feel this will
open the door to many other big companies because our growth in staff enables us to take on
larger quantities of business without sacrificing excellent customer service.
Our Canadian Partners, Score-Up has also been working hard branding and building major
relationships. We are proud to license our programming and collaborating to offer the best
products in all North America. I will be providing press releases soon on the new ventures they
have put together which is a great revenue stream for our company.
Let me recap our products. CreditDNA.us offers consumers a way to understand their credit
data and finances. This plays a very important role in society. Members have the ability to view
their credit and financial profile 24/7 through a secured gateway we provide for them. We are
the first company to provide such a gateway beginning in 2002. Members are provided with
credit and financial specialist to help solve problems and establish goals.
ScoreNavigator.com resells a TransUnion Credit report and score. Our proprietary point
deduction technology and target score simulator enables consumers to be scored correctly and
obtain lending at the correct lower rates. No other company has this technology unless we have
licensed them and collect a licensing fee.
Our Point Deduction Technology is the only other software in the market place other than FICO
scoring that completely analyzes credit data and serves a purpose in lending decisions. This is
just one reason that separates CreditDNA and ScoreNavigator from other products in the credit
During the past year, we have added a financial analysis and budgeting program that works
hand in hand with our money simulator. Members can enter disposable income into the money
simulator and learn where to place their money to better their credit rating.
Our software development team is working steadily on adding a variety of programs for a
better member experience and for loan originators. We are continuously striving to stay the
best in our fields and now after building a strong foundation the past 12 years our longevity is
beginning to pay off.
We have been growing each quarter and even though our strategic partners weren’t able to
reach their goal predictions yet, we are pleased to have had them join our quest to educate
others with our experience and services.
Remember shareholders, we are a real company, with real products, and real experienced
people who are working hard every day to do better. More encouragement builds better
relationships in business and nothing happens before its time. We aim to succeed the right way
which will eventually benefit everyone.
Chief Executive Officer
Crednology Holding Corporation
Contact: Crednology Holding Corp:
Corporate Website: http://www.credholdingcorp.com
PR LINK: http://www.credholdingcorp.com/companynews/2014-10-17-COHO-UpdatesFromOurCEO.pdf