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Keep in mind we are in the midst of a Jewish holiday and today is a special sacred day for orthodox Jews. Ezra may or may not be working today.
Good idea to stop playing telephone for them, anyone who needs to contact them knows how to.
Hopefully they will settle before uplist. I believe that Mr. Beyman has his shareholders best interest/welfare at heart and I am pretty sure his wish is that he will not have to do a r/s
Yes, they do need some wiggly room, and 1/50, 1/70 does not look good. Looking at your ratio, are you taking in the 19 properties and their new large LOI? Maybe let's hope there will be more acquisitions before the r/s. Right now I am optimistic as we still have some time in our hands.
You are not missing anything. This is from page 8 of Form S1.
Yes, let's hope. I am pretty sure the company is diligently working on making it a success.
I believe so. I think it is mentioned in their form S1 if I read it correctly.
https://www.otcmarkets.com/filing/conv_pdf?id=14434497&guid=6wp6UWgmdiCuEth
Check out page 8.
The only way to prove it is by showing a link to a PR stating that he will not do a r/s in order to uplift to a higher exchange.
According to your friend: ClarkPetula
LMAO $RELI
56:1 Reverse split for xmas hunny bunny,
more cover to come
bigger schmaltz too
You still holding your 700K wanting only real estate?
$UTRK Nice day.
It means to us that SEC Form S-1 is the initial registration form for new securities required by the SEC for public companies that are based in the U.S. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange, such as the New York Stock Exchange. I do not think we need to take any actions unless we wish to buy more shares in the hope that PPS will go up as the requirement of higher exchanges is that PPS has to be at least 3 dollars.
https://www.investopedia.com/terms/s/sec-form-s-1.asp
Thanks. I emailed the company your concerns anonymously and to a response from CEO that he will check with IR person.
Generally a Form S1 is filed by the SEC and is not accompanied by a PR from the company. Similar to Form 13D/G and form 4. However if investors feel that they need more information, they can communicate with IR and ask for it.
I agree.
I took care of it.
$GVDI $$$$
Always love reading your insightful posts. Thanks. Keep up the good work.
I am not sure what some people are expecting. How often do you think $RELI should PR in order to make you happy? Do you want them to PR some fluff?
$REL Ia 2 year old public company made a mistake by not keeping their shareholders up to date on their RE. I can understand the anger and frustration. But Mr. Beyman spoke about it in the CC and said that in retrospect it worked out to everyone's advantage as those properties would have taken a loss. That is not to say that if a good RE opportunity will come their way they will not grab it.
But for now, it seems they are concentrating on Insurance. Insurance stocks can make a great addition to any investor's stock portfolio. Not only does the insurance business have the potential to produce excellent long-term returns, but it's also a business that works in strong economies as well as during recessions, and anytime in between.
So, for those who feel that they bought $RELI for the sole purpose of Real Estate without any flexibility of a Plan B along with plan A, maybe it is time to exit. For those waiting to see how the company will perform in the insurance sector, I believe you will be very happy.
Wishing you all lots of luck.
I see some volume today but cannot find any news or filings.
Facts need to be proved. Can you provide?
$UTRK a little more action today. Bid moved up to .031
I just called Nsure for updates. They told me that soon, before end of year they will be operating in Texas, California, Alabama, Georgia and North and South Carolina.
A little action today $UTRK
$RELI always closed their Insurance LOI's and IMO there is no reason to think that they will not close the very big one they recently announced.
I believe strongly that the PPS will go back up. I imagine company is very busy with some other acquisitions. Also $RELI is cash positive as per their last PR.
I am a very happy shareholder, can't wait to reap the fruits of my labor, hopefully soon.
$CYCA nice volume so far.