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You have a way of distorting even things that are on the record. I can no longer waste my time arguing with you.
You already sold your shares, bought your Aston Martin and even had enough money left to become an Ihub paid subscriber.
I would think that you must ask yourself
As every bar mitzvah boy learns: Who is the wise person? The one who foresees the consequences. Talmud, Tamid, 32a
When there is little room for doubt
or speculation, distortions are unneeded. The simple facts present themselves simply and fluently and are above all “on the record”. While one can never be absolutely certain where guilt lies, one can make astute judgments simply by reference to the factual history. From one professional to another one should recognize this and act accordingly and cautiously.As every bar mitzvah boy learns: Who is the wise person? The one who foresees the consequences. Talmud, Tamid, 32a
Alex Blumenfrucht retorts:
This continued distortion of facts and baseless defamation combined with the anti Semitic rhetoric does not belong in a professional trading board on any other kind of board and is not really worthy of a response. We would like to spend out time focusing on building the business and share holder value and not wasting our time responding to this type of nonsense.
QA0B1 Member Level
Saturday, May 30, 2020 5:48:45 PM
Wassup princess? Did the big bad wolf of Wall Street scare you away from coping and pasting Emails? Is Alex still up set? The best is yet to come...
I believe they used the term 10K by mistake (typographical error)
You can call IR to verify with them.
Great move last few days. Congrats all.
You sound like a guy by the name Michael that I know. Very well informed with SEC regulations.
With all due respect, I do not see it your way. If I am wrong please explain why... ty.
$RELI was not SEC reporting in 2019, but you do have the audits and annual reports on OTC.
After SEC approval they will report for 2020 and than the 10K is only due in March 2021.
Do you mean Form 10?
Sent an email to the address on the website and got a
"Your mail message to the following address(es) could not be delivered.
This is a permanent error. Please verify the address(es) and try again."
Called the number on that website and left a voicemail.
Thanks. OTC is showing a different website.
Do you think that's him? I think he lives in FL not in Penn
https://www.wainrightparlor.com/obituary/Donald-Quarterman
No news. No website.
I see some volume today.
Yes I own shares since 2018. Added in 2019 to average down. At his point I am not buying anymore. I have moved on to other symbols.
Yes, I like that part too.
I am sorry I do not know the explanation for it. Maybe someone else can help us out with this.
https://finance.yahoo.com/news/solar-growth-drives-singlepoint-achieve-120010962.html
Financial Highlights
First quarter revenue up 309% - $1,075,222
First quarter gross profit up 309% - $309,614
Announced Agreement to raise up to $7M in growth capital
Operational Highlights
Direct Solar America leverages transformation of sales platform to expand from 7 states to over 30 states
Launched innovative moisturizing Klen Hands sanitizer
Expansion of Retail Footprint of 1606 Hemp to over 400 retail storefront locations
SinglePoint Inc. (SING) files quarterly financials for the period ending March 31, 2020. The company had total sales of $1,075,222 a 300% growth compared to the same period in 2019. The majority of the revenue was attributable to the acquisition of Direct Solar America and the backlog of projects developed throughout Q4.
Direct Solar America had amassed a record pipeline of (solar bookings) throughout Q4 of 2019 and the early period of Q1 2020 many of which installed during Q1 2020. During the first quarter, Direct Solar America added multiple new markets, now totaling 30 states. The company saw record bookings during February closing over 40 residential sales. Due to the challenges presented by the operational disruptions businesses and consumers faced in response to the COVID-19 virus March was slower than anticipated. The Company accelerated the transition to a completely digital sales platform facilitating contactless solar sales, which enabled Direct Solar America to quickly expand into new markets. The digital sales platform has reduced costs as highlighted and featured in GreenTech Media, an industry leader focused on the clean energy industry, discussing the changes made and how they will impact the company in the near and long term.
Looking ahead, the Company has growing performance of the consumer products and a healthy solar pipeline comprising residential bookings and new incremental and accretive commercial sales. The Company began to experience the effects of disruptions caused by the pandemic late in the first quarter and expects continuing effects to be felt primarily in the 2nd Quarter.
“Direct Solar America and our consumer product 1606 Original Hemp are both gaining traction and revenue growth," states Greg Lambrecht, CEO and Chairman, SinglePoint, Inc. “We continue to analyze and to take actions to transform and realign our business opportunities and we remain bullish on the long-term ability for the company to grow revenues, improve the balance sheet and increase shareholder value.”
The Company outperformed on gross revenue in Q1, which ended in March, and pivoted operational plans to address headwinds that will mostly be felt in the 2nd Quarter of 2020 due to the ongoing global pandemic related to the COVID-19 Coronavirus. The ability for the Company to deliver strong operational results meeting internal expectations is a testament to our senior leadership and flexibility but the true effects of the shutdown will be felt during the 2nd quarter. We have reason to believe that our introduction of new products and our shift in sales strategies coupled with increasing reopening of the country indicates that we will see an increase in the 3rd and 4th quarters back to our targeted forecasted range.
We are committed to providing the opportunities for our shareholders to have access to liquidity with respects to their ownership in our stock. We have explored and will continue to explore various different listing options including cross listing and up listing to a higher exchange. The recent history of the company, audited financials, becoming fully reporting, uplisting to the OTCQB were significant achievements and milestones. We will continue to and plan on taking decisive actions that we feel are in the best interest of the company and its shareholders to maintain and eventually improve our equity structure, market capitalization, and to assess options related to the total number of shares outstanding that encourages investment. Management believes that maintaining the OTCQB listing is a priority as it positions the Company to achieve current business objectives and provides a foundation for a broader shareholder and customer base as the Company focuses on executing toward its key strategic objectives.
Would anyone like to offer an explanation as to what occurred when the SEC requested information from Empire American Realty Trust Inc; regarding real estate that allegedly did not belong to the Issuer, followed by SEC comment and answers to comment, followed by Ezra Beyman et al resignations, an entirely new Board of officers and Directors and a refiling of SEC Form S1 to comply with SEC demands?
Changes in Control of Registrant.
On January 20, 2011, RAIT Financial Trust, or RAIT, through a subsidiary, or the purchaser, purchased the sole stockholder of Empire American Realty Trust, Inc., or the registrant, from entities controlled by Mr. Ezra Beyman.
This purchase was part of the first closing under an Equity Purchase Agreement, or the purchase agreement, dated January 20, 2011. Mr. Beyman controls Empire American Holdings, LLC, or Empire, which was the registrant’s sponsor prior to January 20, 2011.
RAIT is a real estate investment trust whose common shares are traded on the New York Stock Exchange under the trading symbol “RAS.” RAIT is the sponsor of the registrant effective January 20, 2011.
In addition to the purchase of the registrant’s sole stockholder, which also serves as the registrant’s external advisor, or the advisor, the purchaser also purchased at the first closing described above the registrant’s property manager and another entity that holds a limited partnership interest in the registrant’s operating partnership. The purchase agreement provides that the equity of Empire American Realty, LLC, the dealer manager for the registrant’s initial public offering, or the dealer manager, is to be sold to the purchaser in a second closing under the purchase agreement expected to occur 30 days after the dealer manager files a continuing membership application with the Financial Industry Regulatory Authority, Inc., subject to terms and conditions in the purchase agreement.
In accordance with the purchase agreement, the purchaser paid $2,275,000 at the first closing referenced above and, subject to the terms and conditions of the purchase agreement, the purchaser expects to pay $200,000 at the second closing referenced above. The source of funds for any amounts paid or payable is the working capital of RAIT.
The disclosure set forth in Item 5.02 and Item 8.01 is incorporated herein by reference.
Thanks. I hope you are right.
Thanks. I hope you are right.
I wonder why
Anyone knows why it has been showing some signs of life the last few days?
Freedom Holding Corp. Subsidiary Granted Licenses by AIFC
ACCESSWIRE ACCESSWIRE•May 22, 2020
ALMATY, KAZAKHSTAN / ACCESSWIRE / May 22, 2020 / Freedom Holding Corp. (FRHC) (the "Company") today announced that its recently formed subsidiary, Freedom Finance Global PLC ("FF Global") organized under the Astana International Financial Centre ("AIFC") has been granted a securities license by the Astana Financial Services Authority ("AFSA") that will allow it to begin to conduct an array of securities market related services to its clients including retail brokerage services accessing the Astana International Exchange ("AIX") and international securities markets.
Timur Turlov, CEO of Freedom Holding Corp, stated, "the opening of a securities firm in the AIFC will create opportunities for many of our Kazakhstani clients to better tailor their investment portfolios to meet their international investment objectives. We expect this addition to the Company will strengthen our competitiveness in the region and contribute to the continuing success of the AIFC."
The Company expects to commence opening accounts for customers at FF Global in July 2020. The Company will also continue the growth and expansion of its subsidiary Freedom Finance JSC, a Kazakhstani joint stock company, licensed in the Republic of Kazakhstan to provide access to the Kazakhstan Stock Exchange ("KASE") and the AIX, as well as investment banking services to commercial businesses in Kazakhstan.
About the AIFC
The Republic of Kazakhstan created the Astana International Financial Centre JSC to offer businesses and investors a complete and comprehensive legal platform for attracting, implementing and protecting investments and to provide a friendly tax regime to participants. The AIFC legal jurisdiction is based on the principles, norms and precedents of the law of England and Wales and (or) standards applied by the world's leading financial centers. The AIFC operates both the AFSA and the AIX which conducts securities exchange activities on Nasdaq Financial Framework trading technology.
About Freedom Holding Corp.
PR out
FYI Ezra owns the majority interest.
You are 100% correct. Ezra has over 30 years of experience in real estate.
There are always obstacles on the road in every business. Ezra overcame the 2008 recession and moved on to build a bigger empire.
I have confidence that Ezra will do the right thing for his business and his shareholders.
I agree.
This is from $RELI's PR regarding CC
"to provide a business update on the Company’s progress, including its real estate and insurance strategies.
A webcast replay will be archived on the Company's website and a telephone replay of the call will be available approximately one hour following the call, through June 17, 2020 and can be accessed by dialing 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering conference ID: 34843. "
I am not sure which part of your post I misunderstood. Do you mind explaining?
Please and thank you
That is absolutely incorrect. Since the company PR'd the conference Call to the public, anyone in the world is welcome to join it.They can then announce anything they want on the CC without prior announcements.
Finally the dreaded conference call - Guaranteed to provide over expectations to the needy investor. So here will be my constant retort everyday until the CC. IF THERE ISN'T A PR BEFORE THE CC THEN EB CANNOT RELEASE ANYTHING NEW OR MATERIAL DURING THE CC. So level set your expectations according. Maybe even have some dry powder for the sell-off. W/O a PR prior it can only be a pacification session. sucky sucky
T
Some nice buying today so far.
Shana
11:34 AM (44 minutes ago)
to Ezra
Good morning Mr. Beyman,
Thank you for today's PR. I am sure David Lazar will be a great asset to $RELI.
However, I see quite a few investors questioning the lack of the Form 10.
Your reply?
Thank you,
Ezra Beyman
12:15 PM (4 minutes ago)
to me
Shana,
Thanks very much. The form 10 is well underway & we expect it be completed in record time just as our seven 2019 audits were completed in record time! Thanks.
Very Sincerely,
Ezra S. Beyman
Chairman
Reliance Global Group, Inc.
300 Blvd. of the Americas, Suite 105
Lakewood, NJ 08701
P: (732) 380-4661
F: (732) 605-4648
I too value your input on this message board. Definitely agree to disagree.
IMO. Your speculation is wrong.
This post is pure speculation and our opinion only....
We are very familiar with David Lazar. A very active Reverse Merger "expert". It's our opinion and purely speculation that he was brought into RELI to assist an R/M for N-Sure or facilitate the acquisition of N-SURE.
We see no other value of Mr. Lazar as a RELI, as a Board Member!
A bit disappointing, but also very intriguing!
Yes, I hope so. Soon
David Lazar joins $RELI as an independent member of the company's board of directors.
https://finance.yahoo.com/news/reliance-global-group-appoints-david-113010619.html
Anyone who is familiar with David Lazar's work knows that this is huge for $RELI.
From the PR:
As a result of Reliance’s unique position in the market, I have been involved in a variety of strategic discussions with Nasdaq and NYSE companies that could potentially help accelerate the Company’s path to listing on a national exchange; however, we can provide no assurance such a transaction will occur. I look forward to working closely with management to support the Company’s capital markets plan and strategic direction going forward.”
https://www.investopedia.com/terms/i/investorrelations.asp.
https://www.edelman.com/post/should-boards-of-directors-communicate-with-shareholders.
It is not a mistake for a C suite executive to speak to a single shareholder unless he provides insiders info.
Please link me to where you see that it is a SEC regulation.
I initially replied to your post as you sounded sincere, but I see that it is a waste of time to try to have a normal conversation with you.