Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Great news!....
https://ih.advfn.com/stock-market/NASDAQ/exela-technologies-XELA/stock-news/87941384/exela-signs-with-europe-s-largest-financial-enter
Exela Technologies Reports Signed Multi-Year License Deal With Finanz Informatik, No Terms Disclosed
8:09 am ET April 28, 2022 (Benzinga) Print
Exela Technologies, Inc. (“Exela”) (NASDAQ:XELA) has signed a multi-year license deal with Finanz Informatik (“FI”), the IT service provider of the Savings Banks Finance Group, a financial institution with approximately $3.5 trillion in assets, 300,000 employees and 67 million customers. Since 2006, Exela has been helping FI on its digital journey primarily with their Core Banking System, OS Plus.
The latest project will enable a standard, comprehensive end to end solution replacing many of the local solutions developed over the years. Exela will introduce Digital Mailroom and the AI-based distribution and process control will be carried out by Plexus CaseVision. The project is valued at a TCV of several million USD over the next few years.
“FI is one of the most important leaders in IT banking infrastructure and its commitment to implement Exela’s holistic solution embracing AI is a testament to our technology and service capability. We are proud that FI chose to partner with us,” said Vitalie Robu, President of Exela, EMEA.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Going UP.
Exela’s Strategic Investment in UBERDOC to Expand its Digital Healthcare Footprint
March 28 2022 - 10:26AM
TipRanks
Alert
Print
Share On Facebook
Exela Technologies, Inc. (NASDAQ: XELA) revealed that it has made a strategic investment in UBERDOC, Inc. Shares of Exela tanked 10.7% on Friday but gained 3.1% in the extended trading session and a further 6.8% in Monday's pre-market trade. While Exela is a global business process automation company, UBERDOC provides a patient access and price transparency platform, currently hosting over 4,000 active specialists and primary care doctors, which connects patients to top doctors for in-person and virtual appointments. The strategic initiative is expected to boost UBERDOC’s direct-pay specialist network and Exela’s digital healthcare footprint.
https://www.tipranks.com/news/exelas-strategic-investment-in-uberdoc-to-expand-its-digital-healthcare-footprint?utm_source=advfn.com&utm_medium=referral
Exela Technologies (NASDAQ:XELA) is trading down 7.7% premarket Friday after the firm declares posting of convertible favored stock on Nasdaq and to effect a reverse split of Exela’s outstanding common stock at a ratio in the range of 1-for-2 to 1-for-15. The firm filed for PRE 14A with the SEC on 24 March 2022.
https://ih.advfn.com/stock-market/NASDAQ/exela-technologies-XELA/stock-news/87656388/exela-technologies-announces-strategic-investment
Links...
https://twitter.com/discolearning?lang=en
Disco Learning Media supports new summer STEM initiative for CPS Energy.
https://www.prnewswire.com/news-releases/disco-learning-media-supports-new-summer-stem-initiative-for-cps-energy-301332186.html
PBYA 30% 8-K
8-K
https://www.otcmarkets.com/filing/html?id=15076247&guid=TY4kkKFB-rdVvth
We serve the educational and training needs of vocational trades around the world. We offer paper and digital codes, standards and training materials and eLearning courses to train trades people and help them retain their certifications, through our website www.browntechnical.org.
GL.
Holding this one for $$$$
GREAT time to be here, money to be made.
When xela comes back it will be huge in my opinion, BUCKAROOS!
GLTA!
From May 27th 8-K..
Entry into a Material Definitive Agreement.
On May 27, 2021, Exela Technologies, Inc., a Delaware corporation (the “Company”), entered into an at market issuance sales agreement (the “Sales
Agreement”) with B. Riley Securities, Inc. and Cantor Fitzgerald & Co. (each, an “Agent” and, together, the “Agents”), pursuant to which the Company may offer
and sell, from time to time, through or to the applicable Agent, acting as sales agent or principal, shares of the Company’s common stock, par value $0.0001 per
share, having an aggregate offering price of up to $100,000,000 million (the “Shares”).
From form 4 June 3, 2021...
Common Stock, par value $0.0001 per share
(''Common Stock'') (5) 6/1/2021 S 100000 D $1.57 (3) 4412939 (4) I
glta.
EXELA... Substantial Doubt Alleviated.
from recent 10-Q
:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1620179/000155837021006201/xela-20210331x10q.htm
The Company has had a history of negative trends in its financial condition and operating results as well as recent noncompliance with covenants with certain of its lenders due to late delivery of financial statements for the fiscal year ended December 31, 2019 and for the quarter ended March 31, 2020, that have been cured. However, despite these conditions, the Company believes management’s plans and actions to date, as described above, will provide sufficient liquidity to meet its financial obligations and further, maintain levels of liquidity as specifically required under the Credit Agreement. Therefore, management concluded these plans alleviate the substantial doubt that was raised about our ability to continue as a going concern for at least twelve months from the date that the financial statements were issued.
Future Plans and Other Considerations
The Securitization Facility provides for an initial funding of approximately $92.0 million supported by the receivables portion of the borrowing base and, subject to contribution, provides for further funding of approximately $53.0 million supported by inventory and intellectual property.
Our plans to further enhance liquidity, which were not considered for the purposes of our assessment of whether substantial doubt is alleviated, include the potential sale of certain non-core assets that are not central to the Company’s long-term strategic vision. The Company has retained financial advisors to assist with the sale of select assets. The Company expects to use the potential net proceeds from this initiative for the paydown of debt.
RUSSELL 2000 COMING!
GREAT OPPORTUNITY HERE IMO.
GLTA!
HOW MUCH OF A RUN IS $GGII GOING TO DO WITH THIS NEWS?
GLTA!
10-Q Out 5-24-21
Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
https://www.sec.gov/news/public-statement/accounting-reporting-warrants-issued-spacs
iSun, Inc. (the “Company”) has determined that it is unable, without unreasonable effort or expense, to file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2021 (the “Q1 2021 Form 10-Q”) by the prescribed due date for the reasons described below.
On April 12, 2021, the Acting Director of the Division of Corporation Finance and Acting Chief Accountant of the Securities and Exchange Commission together issued a statement regarding the accounting and reporting considerations for warrants issued by special purpose acquisition companies entitled “Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies” (the “SEC Statement”). As a result of the SEC Statement, the Company’s management is reevaluating the accounting treatment of (i) the 3,900,000 warrants that were included in the units issued by the Company in its initial public offering (the “Public Warrants”) and (ii) the 294,500 warrants that were issued in a private placement (the “Private Warrants”,
collectively with the Public Warrants, the “Warrants”) in accordance with Accounting Standards Codification (“ASC”) 815-40, Derivatives and Hedging: Contracts in an Entities Own Equity. ASC 815-40 states entities must consider whether to classify contracts that may be settled in its own stock, such as warrants, as equity of the entity or as an asset or liability.
The Company previously accounted for the Warrants as components of equity; however, after consideration of the guidance in the SEC Statement, the Company believes that the Warrants may need to be accounted for as a liability and measured at fair value with changes in fair value each period reported in the Company’s statement of operations. The Company is in the process of completing its final analysis of this change.
The Company is working diligently to complete the Q1 2021 Form 10-Q as soon as possible; however, given the scope of the process for determining the appropriate treatment of the Warrants in accordance with the SEC Statement and ASC 815-40, the Company is unable to complete and file the Q1 2021 Form 10-Q by the required due date of May 17, 2021 without unreasonable effort and expense. The Company does, however, expect to file such report within five calendar days thereof.
more news tomorrow i'll bet.
jmo.
Think Reli is going back to $12 soon. Hoping the 8-k and 10-k finally puts the pps where it belongs.
lots still to come.
jmo.
glta.
Reliance Global shares surge on J.P. Kush acquisition
https://seekingalpha.com/news/3696031-reliance-global-shares-surge-on-jp-kush-acquisition
RELI NEXT GEICO IMO, BLASTING ON NEWS! 41% STILL AT BOTTOM TOO!
https://ih.advfn.com/stock-market/NASDAQ/reliance-global-RELI/stock-price
GLTA!
5X Coming imo.
Reliance Global Group Acquires Premier Health Insurance Agency J.P. Kush and Associates, Inc.
LAKEWOOD, N.J., May 13, 2021 -- InvestorsHub NewsWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), an "insurtech" company focused on combining advanced technologies with the personalized experience of a traditional insurance agency, today announced it has acquired J.P. Kush and Associates, Inc., a premier healthcare insurance agency with operations in 10 states, headquartered in Troy, Michigan. J.P. Kush's founder, Joshua Kushnereit, will become part of the Reliance Global family as Chief Operating Officer of the new Kush Benefits Solutions, LLC, which is now a wholly owned subsidiary of Reliance Global Group, Inc.
Founded in 2008, J.P. Kush adds over 100 independent agents to Reliance's agency network across the United States, including California, Florida, Ohio, Michigan, Mississippi, New Mexico, South Carolina, Texas, Utah and Wisconsin. J.P. Kush has established relationships with a number of the country's leading insurance carriers. In 2019 and 2020, J.P. Kush was ranked as the most active agency writing policies with Molina Healthcare, Inc. in the State of Michigan.
Mr. Kushnereit has been in the insurance industry over 15 years and has been consistently ranked among the top insurance producers, in addition to building a national network of agents. Mr. Kushnereit is experienced in the complexities of the Affordable Care Act and how it affects insurance products.
Ezra Beyman, CEO of Reliance Global Group, commented, "We are delighted to announce the acquisition of J.P. Kush, which brings an extensive network of over one hundred independent agents across 10 states and expands our expertise in the health insurance marketplace. Importantly, this acquisition is consistent with our strategy of acquiring growing, cash flow positive agencies at attractive multiples, where the founders are incentivized to support the long-term growth of the Company. We are pleased to welcome Joshua and his team to expand our national presence.
Moreover, J.P. Kush generated revenue of more than $1.1 million over the trailing twelve months with mid-double digit operating margins. Based on a purchase price of $1,950,000, we believe this transaction has the potential to be highly accretive. The purchase has been funded through a combination of cash, restricted stock (in a private placement transaction) and an earnout. In addition, we believe we can help to not only grow J.P. Kush's sales, but we anticipate meaningful operating synergies."
"In addition to the immediate synergies with our existing agency portfolio companies, the addition of J.P. Kush will support our future plans to add new insurance products to our 5minuteinsure.com platform, including health insurance policies. As we have stated previously, we believe the insurance market is ripe for disruption through digital technologies and we are working rapidly towards our goal of full commercial launch of 5minuteinsure.com. We look forward to providing further updates as we prepare to launch our full commercial site. I'd like to commend the team behind 5minuteinsure.com given the progress we have made in a short amount of time."
Additional details on the transaction are available in the Company's Form 8-K, to be filed with the Securities and Exchange Commission within four business days of closing the transaction.
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (NASDAQ: RELI, RELIW) is an insurtech company combining advanced technologies, with the personalized experience of a traditional insurance agency model. Reliance Global Group's growth strategy includes both an organic expansion, including through 5minuteinsure.com, as well as acquiring well managed, undervalued and cash flow positive insurance agencies. Additional information about the Company is available at https://www.relianceglobalgroup.com/.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Contact:
Crescendo Communications, LLC
Tel: +1 (212) 671-1020
Email: RELI@crescendo-ir.com
GMZP CLIMBING 3 DAYS IN A ROW @.009 Nice stepladder formation.
GEMZ CORPORATION.
GLTA!
Got some before the close!
glta!
Ready for new leg up.
glta.
Biden administration offers $8.35 bln in loans for power grid
Possibly effecting green energy sector stocks imo.
https://www.nasdaq.com/articles/biden-administration-offers-%248.35-bln-in-loans-for-power-grid-2021-04-27
power hour! filings this week?
Love that video!
No trust , just peeps getting robbed.
What! are great prices going to be the only catalyst for RGBP to turn going upward?
It would just show that we are being manipulated by big money again. Imo.
hold your shares, big s u c a s gota change it again.
When will real news and event's be the real driving force in pennies anymore!
good luck to individual investors ONLY!
!
I regret investing in RGBP eom.
$55,000.00 today! acceptance of the ONPH offer, all good.
Good fuel for this Ready Rocket!
Glta!
OK, from the 8-k it says am independent registered public accounting firm will be performing the audit on the 2019 10-k.
Now how long will it take I wonder? I think RGBP is in need of these financials to be current asap so lets guess!
1 -week?
10 days?
30 days?
so the sooner the better.
GLTA!
ISUN WARRANTS have been called in now. Can't buy them until the company starts a new warrant.
This was to happen on the 24th if I remember correctly.
ISun will have an investors call going on on May 11th .
I am expecting reports from the Tennessee project during the investor call.
Should be higher pps too by end of May. IMO.
GLTA
Back in @ .0225 Good luck all!
Wednesdays 55k posting coming.
Hope we get a big relief when they finally post the coming 8-k.
really want to hear something today, maybe we should all send an email requesting an immediate update.
letting shareholders sweat is not the greatest idea.
gl.
A PR on the 20th indicating the $55,000 without the updated financials being addressed would be a bit of an embarrassment in my opinion.
That's why i believe they will be dropped anytime now.
buy and hold.
yep. 15 million buy. I watched the trades today and trades were posting odd like. I mean the accumulation data was not updating correctly, probably nothing to worry about though.
Gap up again? I doubt it, not until we get some news or filings, imo.
glta!
Share Structure
Market Cap Market Cap 134,544,711
04/14/2021
Authorized Shares 4,800,000,000
03/31/2021
Outstanding Shares 2,934,453,890
03/31/2021
Restricted 150,366,969
03/31/2021
Unrestricted 2,784,086,921
03/31/2021
Held at DTC 2,722,831,147
03/31/2021
Float?
Interesting items...
Was just browsing the web some and found that RGBP Is parent co of
Checkpoint Immunology, Inc Checkpoint Therapeut (CKPT).
I have not heard of CKPT before this find. wondering how involved?
AGREEMENTBY AND BETWEEN REGEN BIOPHARMA, INC. AND TODD S. CAVEN
https://contracts.justia.com/companies/regen-biopharma-inc-4616/contract/168302/
https://www.sec.gov/Archives/edgar/data/1589150/000160706217000092/ex10_3.htm
Checkpoint Immunology, Inc Checkpoint Therapeut (CKPT)
Todd S. Caven is the Chief Financial Officer of RGBP
http://rockridgenterprises.com/about/
ANYWAYS,
Good luck!
lpm
Watch what happens by EOD.
My guess is the filings come today, it is the 15th of the month.
Tomorrow won't turn back for any previous share price, after today it's toast for these sub .10 prices.
glta!
Soon to be mega-blast news and filings coming!
stay tough!, rewards are coming...
Really want to see fins drop, right now would be fun! He-he, the chase would be on!
c'mon RGBP, DROP THOSE FINS.
RGBP$ >>>>>$.15
GLTA!