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Yes, agree with you. More details to come.
Not sure if people navigated through the website and also saw this
https://www.relianceglobalgroup.com/pdf/RELI-Investor-Presentation-Sep-2020.pdf
Anyone notice website was updated?
https://www.relianceglobalgroup.com/
https://www.relianceglobalgroup.com/index.php
I totally agree with you.
Newsfile Corp.
Fri, October 23, 2020, 8:01 AM EDT
Washington, D.C.--(Newsfile Corp. - October 23, 2020) - Transatlantic Inc. (OTC Pink: TACI) ("TACI") cuts deal for 250 acres in Clarendon, Jamaica.
This 250 acre parcel will allow the Company to create and build the largest cannabis and "magic mushroom" operation in the Caribbean. This facility could produce upwards of 100k pounds annually for export to licensed countries throughout the world.
"We are truly now, beginning to dig in," stated Julius Jenge, Chief Executive Officer of TACI, Inc. "Our commitment to research, production and distribution of psilocybin mushrooms and cannabis is now a reality, effective today, after acquiring the Clarendon Jamaica property. We now have a very solid plan in place, and we anticipate great things coming to fruition."
TRANSATLANTIC CAPITAL INC. FORWARD-LOOKING STATEMENTS
This press release contains statements that the Company believes to be "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts, including, without limitation, statements regarding the investment offerings and the terms thereof, are forward-looking statements. When used in this press release, words such as we "expect", "intend", "plan", "estimate", "anticipate", "believe", "should", or the negative thereof or similar terminology are generally intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Investors should not place undue reliance upon forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
S1 example, a very well run company $HWKE filed an S1 on 8/27/18.
It still hasn't been approved yet!
Point being AGAIN..... Nothing (S1) will be approved this year or next and $HWKE has an approved S10, is fully SEC reporting and has never withdrawn their S1. They never had a quite period.
This is dead money, totally illiquid, thus leaving the LONGS the inability to trade the stock!
Thanks.
Thanks. Appreciate the update.
So the 'excuse' now is that the company is in a quiet period? Looks like yet again the company is trying to blindside shareholders by keeping them in the dark. What a disaster..
Thank you. I hope it was a positive reply.
And are we not into this period? S1 filed 10/08/2020. Could the quiet period not be over?
Timeline of a Typical Quiet Period
For private companies issuing public shares for the first time (IPO), the quiet period begins once management and the underwriters reach an agreement and file a registration statement (S-1) with the SEC. Once the SEC completes their review process, the S-1 becomes available to the public, marking the beginning of the “waiting period.” The waiting period starts when the S-1 becomes publicly available and ends on the day the price is set for the issued securities. Once the pricing is complete, the company enters the final phase of the quiet period. The goal of this phase is to allow stock to trade without influence from new information. The length of this phase is determined by the underwriting banks and can last anywhere from 10–25 days.
I’ll go out on a limb and say we either see news drop this afternoon or early tomorrow morning. I believe we are witnessing a tree shaking!
Never mind see my updated post.
I emailed the company but my email just got bounced as address was not found. I will try to call later
Agreed.
Thank you. Nice to see you too.
I guess so according to link you provided.
FAIRFAX, Va., Oct. 20, 2020 /PRNewswire/ -- Futuris Company (OTC: FTRS) ("Futuris" or the "Company"), a Human Capital Management (HCM) company focused on the acquisition and operation of executive search, staffing and consulting companies, today announced the closing of its acquisition of TalentBeacon International, a consulting and delivery organization for global talent acquisition, management and retention solutions.
Founded in 2011, TalentBeacon has significant multinational corporate experience building and managing recruitment delivery teams from hub locations in North America, Hyderabad - India, Cebu City -- Philippines, Buenos Aires -- Argentina, Singapore and Budapest - Hungary. TalentBeacon has deep experience in project based and longer term optimized RPO solution design and delivery, execution oversight, and metrics-based management.
TalentBeacon focuses on three main areas in providing international talent acquisition and management consulting: Talent Acquisition Solutions Design, International Recruiting Delivery and Hub Modeling, and IT Staffing Leasing Project Design, Delivery and Management.
TalentBeacon builds offshore IT teams from Hub Locations using a standard phase-gate process. The Company models its efforts with its clients so that remote teams are built as complimentary and fully functional extensions of client team's skills, abilities, and values. TalentBeacon can provide full HR, Finance, Payroll and Operational capabilities out of hub locations, ensuring strong attractiveness and retention of growing teams.
"The acquisition of TalentBeacon is an integral part of our plan for global expansion as we can now support clients with infrastructure and capabilities in India, APAC, South-Central America, China and Europe," stated Kalyan Pathuri, President of Futuris Company. "TalentBeacon's central area of expertise is deep knowledge of how international talent acquisition can be leveraged to help companies achieve their growth targets, while providing highly consultative and collaborative insights into the opportunities and challenges of working in, and from, these locations. From their hub locations, the Company also models, delivers, and optimizes world-class staffing solutions. IT staffing continues to be a key focus of Futuris' business and growth strategy moving forward."
About TalentBeacon International
TalentBeacon is a global consulting and delivery organization for talent acquisition, management, and retention solutions. The Company is focused on talent acquisition consulting, international recruiting, and IT staff leasing and management. For more information, please visit http://www.talentbeacon.net/.
I am always looking forward and anticipating your wisdom and take on $RELI.
Thanks for keeping the board on top of things. let's give $RELI a little more time before the last laugh.
Totally agree, IR Firms tend to get paid in stock(Restricted and Common) and also have been known to short their holdings!
As of 9/24/2020 the float is 82,700,848
September 6th, 2017 A Reverse Stock Split (1:25) took effect.
I wrote $BMBM which is now $FRHC so check that out
Not all r/s are born equal.
In 2016/17 I bought $BMBM for pennies as a R/M. Eventually the symbol was changed to $FRHC and company did a small r/s. Check out the PPS for this company now. I should add and say that I waited around 3 years for things to happen. I am still very positive with $RELI.
You must have missed this post of mine or perhaps did not open the link
shanak10 Member Level Monday, 10/12/20 08:14:59 PM
Re: None 0
Post #
34083
of 34121
For those complaining/arguing/stating that the company should have PR'd after the Form S1. Read this.
https://en.wikipedia.org/wiki/Quiet_period#:~:text=In%20United%20States%20securities%20law,declared%20the%20registration%20statement%20effective.
If you fear that it goes under .10 maybe if you have any shares under or .10 you should sell for profits. JMHO
So I gather those are your own thoughts. Not sure they carry any weight.
If they don't do something substantial IMMEDIATELY after the R/S it will be mistake #6 ?, I think. I lost count
$GVDI looking ready for the big ride.
I am not selling here. I averaged down and am green now. Holding.
$INNO Awesome move so far. Am a bag holder since 2013. GLTA
San Francisco Apartment Rents Crater Up to 31%, Most in U.S.
https://www.bloomberg.com/news/articles/2020-10-13/san-francisco-studio-apartment-rents-plunge-31-most-in-u-s?utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter&cmpid=socialflow-twitter-business&utm_content=business
For those complaining/arguing/stating that the company should have PR'd after the Form S1. Read this.
https://en.wikipedia.org/wiki/Quiet_period#:~:text=In%20United%20States%20securities%20law,declared%20the%20registration%20statement%20effective.
I spoke with Mr. Beyman on the phone and these were how he addressed some of the concerns
1.That is incorrect. They are in the process of building a mega insurance enterprise, one that could be potentially unprecedented in the industry.
2. They are still trying to avoid or mitigate a r/s. They never said "never" but rather said "currently"
3. They have been spending a lot of time and money on Real Estate but the present market makes it very difficult to buy good deals. That is the reason for why those reference deals were not able to close.
4. The 19 properties are from the private company, they are still on the table after they uplist to a higher exchange.
5. Same reply as to #3.
6. A form S1 replaces a form 10. You can't have both. And the S1 is more inclusive.
I did this especially for you. Stay well.