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Crednology Holding Corp. (COHO)

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Last Post: 5/23/2017 4:01:01 PM - Followers: 365 - Board type: Free - Posts Today: 3

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
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Volume:
Bid Ask Day's Range
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
#66876   $120 trade at 6 getmoreshares 05/23/17 04:01:01 PM
#66875   Orie, your stock is garbage! TooYoungToDie 05/23/17 02:12:21 PM
#66874   ORIE had to do something to get investors' sam1933 05/23/17 10:36:20 AM
#66873   Dilution will end @ .0001 nice trip flip starkd748 05/22/17 07:00:47 PM
#66872   LOL Don! I see you still have that THEGOOGLE5 05/22/17 03:04:04 PM
#66871   I know your plan... Ya want to have Don 05/22/17 02:58:46 PM
#66870   As one of my favorite moderators JAJ said, THEGOOGLE5 05/22/17 02:26:57 PM
#66869   ok thanks nikelikesit 05/22/17 01:34:29 PM
#66868   Waiting for Dilution to finish from old debt mdm92 05/22/17 01:11:45 PM
#66867   what's the deal with this stock - anyone nikelikesit 05/22/17 01:06:48 PM
#66866   GOOD morning COHO! no bucks 05/22/17 09:38:45 AM
#66865   To whom it may concern. no I haven't no bucks 05/21/17 05:28:33 PM
#66864   $COHO NinjaNotes ~ http://www.ddninja.com/COHO sam1933 05/21/17 05:12:20 PM
#66862   Yes, have noticed it.. so it means nothing now.. Checkfan 05/21/17 09:20:47 AM
#66861   http://amastershands.com/wp-content/uploads/USCTRI-Award-2015-Press-Release-A-Ma no bucks 05/21/17 08:45:59 AM
#66860   i found https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130003288 (scroll down) Checkfan 05/21/17 06:29:24 AM
#66859   I typed in American economic institute. It looks no bucks 05/21/17 12:00:46 AM
#66858   lets hope its not these guys! no bucks 05/20/17 11:22:25 PM
#66857   Wow great find! I wonder if this TakeMeUpHigh 05/20/17 09:37:57 PM
#66856   Nice find, where did you found this one? Checkfan 05/20/17 01:48:49 PM
#66855   FYI: FOR IMMEDIATE RELEASE: morg38off 05/20/17 11:18:21 AM
#66854   I always sell dead $. I'll come back Splendor 05/19/17 11:42:10 PM
#66853   looks like a wet weekend- drink-up! getmoreshares 05/19/17 06:43:43 PM
#66852   Stop with the racial profiling Googs... In case your Don 05/18/17 11:05:20 PM
#66851   This will be at $1 Never ever! Lol TooYoungToDie 05/18/17 05:40:11 PM
#66850   Is the Bassett on the left adopted from THEGOOGLE5 05/18/17 04:06:46 PM
#66849   short term depression- PPS and mentally! getmoreshares 05/18/17 03:47:51 PM
#66848   or next month, or next year. Someday... Ah hell.... Don 05/18/17 03:45:56 PM
#66847   next WEEK?????????????? LOL getmoreshares 05/18/17 03:44:42 PM
#66846   Here's your new chant... "Better days are coming....enjoy" Don 05/18/17 03:44:15 PM
#66845   I hope I am still alive to see THEGOOGLE5 05/18/17 03:39:56 PM
#66844   Hell with potential! I can't make money on THEGOOGLE5 05/18/17 03:38:08 PM
#66843   very few 5's traded today-- good improvement! getmoreshares 05/18/17 03:13:25 PM
#66842   3.33 mil left at 7's and then nothing TakeMeUpHigh 05/18/17 01:19:57 PM
#66841   Yes, no doubt this is one of the morg38off 05/18/17 11:44:04 AM
#66840   Yes all 3 subsidiaries have a lot of potential. TakeMeUpHigh 05/18/17 10:39:42 AM
#66839   7's starting to get hit and big bid TakeMeUpHigh 05/18/17 10:38:50 AM
#66838   6.61 mil in volume already and 3.3 mil TakeMeUpHigh 05/18/17 10:33:39 AM
#66837   Add ITatOnce - Technology's Triple Threat: sam1933 05/18/17 10:33:32 AM
#66836   6's are gone! 7's up TakeMeUpHigh 05/18/17 10:29:42 AM
#66835   VNDM is at .001 TakeMeUpHigh 05/18/17 09:59:43 AM
#66834   TDA is NOT showing VNDM-- anyone see them? getmoreshares 05/18/17 09:47:10 AM
#66833   We are still on the BOB board for actsnow 05/18/17 09:36:54 AM
#66832   L2 at open. 6.5 million at 6's, TakeMeUpHigh 05/18/17 09:32:10 AM
#66831   Nice post. Here is a list on TakeMeUpHigh 05/18/17 09:14:18 AM
#66830   Who knows but I would like to see TakeMeUpHigh 05/18/17 09:09:54 AM
#66829   conversions today???? thoughts anyone! getmoreshares 05/18/17 08:55:07 AM
#66828   Featured Company Business Continuity Solutions and sam1933 05/18/17 04:51:08 AM
#66827   Agreed...seems someone/some group/the company/all the above? is buying morg38off 05/17/17 09:03:49 PM
#66826   Enter date to view previous 30 days of getmoreshares 05/17/17 06:03:24 PM
PostSubject