I have been getting quite a few PM's regarding the r/s. Some here feel or were told that $RELI will do a 1/500 reverse split. As per their S1 they do plan to do a r/s and I would like to explain how a reverse split works.
In order for a company to be able to uplist to NASDAQ their PPS has to be at least $4.00, many companies like to have wiggle room so they will uplist $5.00 or more PPS.
Right now $RELI'PPS is .08. So, $4.00 divided by .08 is equal to 50, which means that at .08 $RELI will have to do a 1/50 r/s... Now take your amount of shares, let's use 500k divided by 50 is equal to 10,000. Multiple the 10,000 by $4.00 (the PPS needed in order to uplist to NASDAQ) Your total $ worth is $40,000. Once they close the LOI with the big insurance company their PPS will be much higher.
The higher the PPS the lower the r/s is. If $RELI decides to uplist with some wiggle room, you can use the above procedure, but instead of $4.00 use $5.00.
Hope that helps those who asked me.

It is me buying some of the .05. Averaging up. Been looking all over but see no news anywhere.

Yes, it does seem that way. I like seeing the large bids.

$GSFD showing some strength today. Do far up 100% .04/48

You are welcome. I am positive as per my extensive DD.
Happy Holidays to you.

You are welcome. Have a Merry Christmas and stay safe and healthy.

I have been following some of the posts on board and decided to comment:
RELI is in a quiet period, but if investors read the filings, it explicitly states they have applied to list on NASDAQ. Also, investors can see that the first filing was on 10/8 and there was a subsequent filing on 12/4. Typically these filings suggest a company is responding to and narrowing down comments with the SEC, so its reasonable to assume the company is getting much closer. RELI has not backtracked on its LOI PR and everything filed with the SEC is attested to by management under penalty of law. So RELI is doing everything as promised to elevate the Company’s presence, reporting and listing. So, I am excited and looking forward to great things ahead when they are out of the quiet period.
I compare $RELI to Goosehead $GSHD that did an IPO in 2018 at around $25.00 dollars. Today the PPS is $140.00
Check it out for yourself https://www.tradingview.com/symbols/NASDAQ-GSHD/.
Goosehead is a good comparison for what $RELI is building. Goosehead current market cap is 4.5 billion (It only took 2 years) MY analogy is fair because they are integrating technology with bricks and mortar agencies.
Let's not forget the 5MinuteInsure, https://www.5minuteinsure.com/#more
I am still adding to my position whenever I can and looking forward to reaping the fruits of my labor.

Great. Thanks for sharing.

But who is supplying the shares to CDEL?

8K https://www.sec.gov/ix?doc=/Archives/edgar/data/924805/000165495420013793/frhc-20201231.htm

https://www.otcmarkets.com/stock/GTHP/news/story?e&id=1771285

I too added some to my stash today.



I

IH Admin [Shelly] Member Level Friday, 12/18/20 11:06:45 AM
Re: None 0.030
Post #
197318
of 197323
~Happy Holiday Hours~

It's the annual Happy Holiday Hours from 12/18 - 1/1. All Users have access to premium features during this time.

Ok, but we are done with Lazar we have moved on. Why dwell on it?
I cannot answer your question

Hi, I am sorry I know you do not like when I disagree with you but you know you are wrong about the shares being given to David Lazar.
Check it out here https://backend.otcmarkets.com/otcapi/company/financial-report/266853/content.
Always better when we have facts.

And btw... the company noticed that they made a mistake so they corrected it today on OTC there is a footone 6 next to his name.
https://backend.otcmarkets.com/otcapi/company/financial-report/266853/content

Thanks for reply. They did not misspell the name. I checked with the company.
I did not tell you that Lazer group is a registered entity. I did say

It is probably because you are not looking for reasons to be negative about $RELI. The document says Lazer, I explained that Lazer is a Jewish name and there is nothing more to it.

When do you expect announcement?

Another round of all false information. He/She read the note 8 and knew then.
But Petula did not read the note 8 and thought otherwise.
That is the kind of DD that he is providing to his followers.

Check the audits on page 7 https://backend.otcmarkets.com/otcapi/company/financial-report/266586/content
It is spelled Lazer's group inc.
Beside the CEO verified that it is not David Lazar.
Let's assume as many here want to believe that the company did give it to David Lazar, let's just assume for argument sake, so who cares?
But then let us ask ourselves, why would the company lie about it not being given to David Lazar but to Lazer. The company is known for giving charity to it's Jewish community and as I explained earlier Lazer is a Jewish name.

It is hard for me to comprehend why some very good and savvy traders refuse to post the truth on board and rather mislead people on board.
The simple way to find out if it is David Lazar is by communicating with the company and asking. After all, isn't it all about doing DD and providing proper information on board?

Yup. I see that. Let's hope.

$SIGN I see volume so far.

Does Michael's brother David, spell his last name Lazer or Lazar?

https://finance.yahoo.com/news/futuris-company-issues-letter-shareholders-140000235.html

Nice run. Took some profits from 2018 bag. Holding the rest.

Share Structure
Market Cap Market Cap
38,249,574
12/11/2020
Authorized Shares
700,000,000
12/01/2020
Outstanding Shares
136,605,622
12/01/2020
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
Not Available
Par Value
0.001

Do you know what the float is? OTC is not showing current float. ty

Same here and finally green and was able to take some profits.

PR out