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No, I am not. Got a small bundle here and it is enough for me.
I see some false posts that are misleading shareholders, so I wanted to set the record straight with facts only.
1.The three card monte mentioned here is incorrect. Scammers do not put millions of their own money into an OTC company.
2. Regarding the meshuggeneh (crazy) auditor. mentioned here. Let it be known that Mazars USA LLP, is one of the best auditors in the world.
I hope that sets the record straight. GO $RELI
https://finance.yahoo.com/news/no-borders-inc-ticker-nbdr-195506278.html
No Borders, Inc. (Ticker:NBDR) Has Begun Receiving and Shipping of the 15 Minute COVID-19 Serological Tests in the USA
GlobeNewswire GlobeNewswire•April 3, 2020
QUEEN CREEK, AZ, April 03, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE ? No Borders, Inc. (NBDR), today announced that the Company has in the past week received its initial shipment of COVID-19 serological tests into its operations center in Phoenix, Arizona, with the first shipment to a New Jersey municipality being sent out last Wednesday.
Through our medical supply chains, the Company has been able to import a 15 minute COVID-19 test for distribution. Using a serology test allows patients to see if their body has developed antibodies that could have been created by being infected with the COVID-19 virus. The manufacturers of the SARS-CoV-2 IgM/IgG Antibody Rapid Test Kit in China have applied for the Emergency use Authorization (“EUA”) registration with the Food and Drug Administration (“FDA”), allowing them to be sold in the United States.
While the manufacturers of these tests have applied for their respective EUA’s, the FDA has not approved of these tests as of yet. Negative results do not rule out SARS-CoV-2 infection, and positive results may be due to a past or present infection of SARS-CoV2 or a similar coronavirus strain such as HKU1 or NL63 as examples.
In order to assist the Company with these processes, the Company has retained an experienced FDA & import/export legal firm Benjamin L. England & Associates of Washington, D.C., to represent No Borders, Inc., in ongoing FDA and import/export matters. Based on the most recent guidance from the FDA (LINK HERE) and the interpretation of said guidance by said law firm the Company has begun shipments of these tests within the last 7 days.
These tests that MediDent Supplies is shipping into the USA use what’s called a “serological” technique, which looks for antibodies in a patient’s blood. These are only present if someone has been exposed to the SARS-CoV-2 virus, since, as of right now, researchers haven’t found any evidence that natural antibodies to this particular virus exist without exposure to the virus. By contrast, the types of tests that are currently in use in the USA and at labs around the world are “PCR” tests, which use a molecular-based, batch testing approach to determine if the virus is present genetically in a mucus specimen.
The Company has found itself finding and solving multiple hurdles as it enters into this rapidly evolving, highly competitive, and heavily regulated space. The logistics of dealing with such a high demand for products and dealing with sellers in China, brokers, transport companies, customs and duties, inspectors, and local and federal governments, has presented new and evolving challenges for the No Borders, Inc. teams. The Company is working hard to rise to these challenges as they occur.
We see this opportunity to provide the desperately needed help to the citizens of our Country while, at the same time being able to expand MediDent Supplies, at a pace and in a way that we could never have thought of before. We have been able to add a small amount of new SKU’s to our brand, but these new products will be in high demand and will help make the MediDent name much better known in the medical community.
MediDent Supplies continues to work toward supplying medical supplies to local, state and federal authorities and medical groups. Aside from the serological tests, the company has also delivered thousands of N-95 masks to several end users around the county, allowing them to continue their life-saving work, as safely as possible.
Please stay home, cover your cough and WASH YOUR HANDS.
I do not remember an am mobile now so cannot check.
I thought the company is bankrupt. This is from their website
https://rockcreekpharmaceuticals.com/about-us/
Any idea why the volume today?
Shana
11:36 AM (13 minutes ago)
to Ezra
Morning,
I see some nice buys today.
Ezra Beyman
11:45 AM (4 minutes ago)
to me
Yes Shana,
We funded one of our employees share purchases this morning, around 92,000 shares.
Looking forward to more. Thanks for your confidence.
Very Sincerely,
Ezra S. Beyman
Chairman
Reliance Global Holdings, LLC
300 Blvd. of the Americas, Suite 105
Lakewood, NJ 08701
P: (732) 380-4661
F: (732) 605-4648
Eb@reliancegh.com
+31%
I wanted to remind everyone that Josh Colter who was just recently hired was a very serious hire and I am sure he is already working on a significant real estate pipeline. I know I have said it many times before, but Mr. Beyman has put in approximately 5 MILLION dollars of his personal funds into the company, which is a rarity for an OTC company.
$RELI also closed on all its insurance LOI's.
Just hang in there until the storm passes.
$PCTL nice PM
Welcome be well and stay safe.
I know I said I will no longer post on this board for now, but I am making an exception with this post in order to dispel all myths and confusions regarding tenants not paying rents.
Due to the Corona Virus lenders are making special agreements with property owners which protect the tenant as well as the property owners.
Be well, stay safe and know what a GEM you are holding.
Good guy Mr. B. Good to his shareholders and to his employees. One million dollars is a very generous amount.
This is great news. Also shows Mr Beyman for his employees funding their stock purchase of up to ONE MILLION. Do you guys get it now? I know you do BullMarket34
News
Reliance Global Group CEO Offers Stock Purchase Program for Employees of Up to 1 Million Shares of the Companys Stock
12:50 PM ET 3/19/20 | GlobeNewswire
Reliance Global Group CEO Offers Stock Purchase Program for Employees of Up to 1 Million Shares of the Company's Stock
LAKEWOOD, NJ, March 19, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company")today reported that in light of the current situation, the Company's CEO, Mr. Ezra Beyman, has announced plans to personally fund employees to purchase the Company's common shares in the open market through a cash gift. The program will allow for up to a maximum of 1,000,000 shares to be purchased by employees under the guidelines of the Program.
Ezra Beyman, CEO of Reliance Global Group, stated, "The global health concerns related to the COVID-19 pandemic are real and we urge all Americans to follow necessary precautions. As previously announced, we are taking our own steps to protect employees and ensure business continuity. Nevertheless, business goes on and I am more encouraged than ever by the outlook for Reliance. I am especially grateful for the hard work and dedication of our employees during these challenging times. For this reason, I'm pleased to personally fund our employees to purchase up to 1 million of the Company's shares.
"Overall, we are extremely well positioned given the diversification of our business model. The current market may present unique real estate opportunities within a more favorable interest rate environment. Given this landscape, we are well positioned to take advantage of opportunities in the marketplace as they arise. At the same time, we have our focus as well within the insurance sector, and given the fact we own agencies versus carriers, these businesses tend to be well insulated during periods of market volatility. Moreover, through our partnership with Nsure.com, we can significantly enhance the efficiency of our bricks-and-mortar agencies, as well as benefit from more favorable multiples as we evaluate future acquisition opportunities. Our alignment with Nsure.com will also allow us to participate in the tremendous inherent upside as more of the insurance industry moves online. I strongly believe this is an industry ripe for disruption, just like hundreds of industries before, such as online shopping. I encourage everyone to exercise prudence and caution during these difficult times, but don't lose sight of the ingenuity and resilience of the American people."
Yes I agree, I am sure the company has more follow up audits ready to post and other news coming our way. I hope by then the pain will be gone.
I am here. Already up 136%
Yes. Fundamentals have not changed.
That is the plan.
news
Reliance Global Group Completes Audit of Southwestern Montana Insurance
9:35 AM ET 3/19/20 | GlobeNewswire
Reliance Global Group Completes Audit of Southwestern Montana Insurance
LAKEWOOD, N.J., March 19, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today reported that the Company has completed the audit of its wholly owned Southwestern Montana Insurance subsidiary. The Company is moving rapidly to complete the audit of each of its subsidiaries, which are expected to be completed shortly.
Ezra Beyman, CEO of Reliance Global Group, stated, "We are making rapid progress in completing the audits for each of our subsidiaries. The 2017 and 2018 financial results for Southwestern Montana Insurance, which precedes our acquisition, have now been posted on our website. The 2019 results will be included in the consolidated financials within our Form 10-K, which will be filed upon completion of all the audits. We look forward to becoming fully reporting with the Securities and Exchange Commission, an important stepping stone towards our planned listing on a national exchange."
True-dat
Guys, please stay on track. If you email the company they will reply to you as soon as they can. No need to argue with other posters.
Welcome aboard and continuous luck.
Market halted.
Will you be providing your chart analysis and opinions regularly on this board?
May God bless you with long and healthy life.
With all due respect toomorrow', I do not really understand that and it does not make sense to me. It sounds like excuses to me but I may be wrong. If the $RELI story hasn't changed then why wait for one dollar when you can buy for .30 or less? And if their buying is based on emotions then let them wait a few more months until the xnax kicks in.
I hope you know I am not a pumper here but I am pretty sure $RELI is going to rebound in the VERY near future.
We heard so much from you about the large groups almost ready to load the boat, for the last few months.What are they waiting for? How many groups and what signal are they waiting for?
I am pretty sure the company on the table the option of share buyback.
Very true.