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insane in the membrane lol
184 mil vol 36 min left today
RELM making the big V in da chartzzz
was funny when the basher said relm was only worth $63million down from $1 billion the other day lol
When acquisitions hit you know relm is going to go crazy just by seeing the action
172 mil volume - RELM record to beat is 209! Boooo Yaaah:)
auto moved off the ask and bid rises
volume rising here
RELM #3 now in pinkies top 50 too
RELM $15.25 mil in cash and .09 book value per yhoo stats:)
Balance Sheet
Total Cash (mrq): 15.25M
Total Cash Per Share (mrq): 0.02
Total Debt (mrq): 0.00
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): 6.92
Book Value Per Share (mrq): 0.09
http://finance.yahoo.com/q/ks?s=RELM.PK
when audited financials hit even 1/3 of that we be happy campers:)
Shall we skip it up a notch here:)
RELM .0024! upcoming Acquisitions DD: Huge Upside Potential looking for .05-.25 and possibly beyond if they seek a AMEX or NYSE listing since they are in the process of auditing everything currently, they have a .09 book value and most listed stocks trade 5x or more there book value , another thing to consider.
Acquisitions are on the table being carefully looked at and each new Acquisition will bring revenue increases to RELM , Relm is already generating $2 mil in revenues
Example is in previous news shows there looking for very nice revenue increase candidates:
"With this transaction and the previously announced planned acquisitions, Relm Technology Group's (RTG) annual technology revenues will exceed $10,000,000.00. Management will provide consolidated pro-forma statements once due diligence has been completed. "
http://www.knobias.com/story.htm?eid=3.1.2f3e9c38d5ddf20a0905025a04993fc5beef0d97a72d0b0a7030ad7bdc8f8503
From last update on these acquisitions , time has passed 5 months now I say we are pretty close to something being finalized , could be just waiting for the audited financials to be done, then they can start breaking out the news to the market
RELM Holdings Inc. Provides Management Update on Planned Acquisitions
Tuesday , January 05, 2010 11:14ET
WILMINGTON, DE -- (Marketwire) -- 01/05/10 -- RELM Holdings Inc. (PINKSHEETS: RELM) Management issued the following update on the current status of the three announced pending acquisitions.
The South-Eastern Document Management Company:
Management is continuing to perform its due diligence on the Company and expects to complete its analysis soon. To date, nothing has been found to deter Management from moving forward with this transaction. Once the analysis is complete, Management will work with the Company to finalize the appropriate Purchase Agreement and related documents. In the interim, Management continues its effort to secure funding for all the pending transactions.
The Delaware based Full Service Technology Support Company:
The parties failed to execute a Definitive Purchase Agreement within the time specified in the Letter of Intent (12/31/09). Management is committed to this acquisition and will continue to pursue an agreement; however, management is unable to commit to a timeframe for an agreement at this time.
The West Coast Document Management Company:
Management has successfully completed its due diligence on the Company and is enthusiastic about working with the Company to finalize the Purchase Agreement and to close the transaction within the first quarter of 2010.
About RELM
RELM was incorporated to acquire operating businesses and is now a holding company with a primary focus on financial and information technology services along with real estate. The Company bases its business model on the acquisition of synergistic businesses with the capability to support and compliment its financial and technology products. RELM intends to lead a vertically integrated family of companies that will provide business solutions along with its affiliates to address underwriting, servicing, raising capital, and commercialization, while securitizing and guaranteeing its products in the marketplace. Since 1994 the Company has conceived, designed, and developed innovative, new products that "absorb asset risk." For more information about RELM, please visit www.relmholdingsinc.com.
About AVI
AVI was organized in 2008 and in 2009 acquired Versalign Inc., which was founded in 1985 and currently provides targeted Information Technology solutions for corporate, professional and governmental clients in the Mid-Atlantic region. AVI provides RELM access to cash flows and expanded business opportunities in the information technology industry. For more information about Versalign, please visit www.versalign.com.
http://www.knobias.com/story.htm?eid=3.1.f10de7d19ed7df9091019c3cefce183ac97137b51ab178a17e957e80ec9544a5
Lots of potential to rise to book value , we will get something to give us the push and follow through imo , just examples of the potential , RELM is smart and picky looking at some nice revenue Acquisitions to add, I think enough time has passed and we are very close considering all this:)
http://www.knobias.com/individual/public/quote.htm?ticker=relm
RELM .0024! upcoming Acquisitions DD: Huge Upside Potential looking for .05-.25 and possibly beyond if they seek a AMEX or NYSE listing since they are in the process of auditing everything currently, they have a .09 book value and most listed stocks trade 5x or more there book value , another thing to consider.
Acquisitions are on the table being carefully looked at and each new Acquisition will bring revenue increases to RELM , Relm is already generating $2 mil in revenues
Example is in previous news shows there looking for very nice revenue increase candidates:
"With this transaction and the previously announced planned acquisitions, Relm Technology Group's (RTG) annual technology revenues will exceed $10,000,000.00. Management will provide consolidated pro-forma statements once due diligence has been completed. "
http://www.knobias.com/story.htm?eid=3.1.2f3e9c38d5ddf20a0905025a04993fc5beef0d97a72d0b0a7030ad7bdc8f8503
From last update on these acquisitions , time has passed 5 months now I say we are pretty close to something being finalized , could be just waiting for the audited financials to be done, then they can start breaking out the news to the market
RELM Holdings Inc. Provides Management Update on Planned Acquisitions
Tuesday , January 05, 2010 11:14ET
WILMINGTON, DE -- (Marketwire) -- 01/05/10 -- RELM Holdings Inc. (PINKSHEETS: RELM) Management issued the following update on the current status of the three announced pending acquisitions.
The South-Eastern Document Management Company:
Management is continuing to perform its due diligence on the Company and expects to complete its analysis soon. To date, nothing has been found to deter Management from moving forward with this transaction. Once the analysis is complete, Management will work with the Company to finalize the appropriate Purchase Agreement and related documents. In the interim, Management continues its effort to secure funding for all the pending transactions.
The Delaware based Full Service Technology Support Company:
The parties failed to execute a Definitive Purchase Agreement within the time specified in the Letter of Intent (12/31/09). Management is committed to this acquisition and will continue to pursue an agreement; however, management is unable to commit to a timeframe for an agreement at this time.
The West Coast Document Management Company:
Management has successfully completed its due diligence on the Company and is enthusiastic about working with the Company to finalize the Purchase Agreement and to close the transaction within the first quarter of 2010.
About RELM
RELM was incorporated to acquire operating businesses and is now a holding company with a primary focus on financial and information technology services along with real estate. The Company bases its business model on the acquisition of synergistic businesses with the capability to support and compliment its financial and technology products. RELM intends to lead a vertically integrated family of companies that will provide business solutions along with its affiliates to address underwriting, servicing, raising capital, and commercialization, while securitizing and guaranteeing its products in the marketplace. Since 1994 the Company has conceived, designed, and developed innovative, new products that "absorb asset risk." For more information about RELM, please visit www.relmholdingsinc.com.
About AVI
AVI was organized in 2008 and in 2009 acquired Versalign Inc., which was founded in 1985 and currently provides targeted Information Technology solutions for corporate, professional and governmental clients in the Mid-Atlantic region. AVI provides RELM access to cash flows and expanded business opportunities in the information technology industry. For more information about Versalign, please visit www.versalign.com.
http://www.knobias.com/story.htm?eid=3.1.f10de7d19ed7df9091019c3cefce183ac97137b51ab178a17e957e80ec9544a5
Lots of potential to rise to book value , we will get something to give us the push and follow through imo , just examples of the potential , RELM is smart and picky looking at some nice revenue Acquisitions to add, I think enough time has passed and we are very close considering all this:)
http://www.knobias.com/individual/public/quote.htm?ticker=relm
Churning up the volume today :)
I love it when a plan comes together!
loves RELM:)
I wouldnt risk trying to trade RELM on any bumps going up to .05 - .25+++ , I will leave that to the pros with over 25k able to trade all day lol - let the trader try and scalp RELM all the way up for a few 50% gains - going long I prefer 10- 100+bagger type of gains:)
I bet relm gaps over .0025 since we closed strong just 1 tick from high of day and last day of the month mms are tallying up there volumes for june:)
23 x 24 2 x 2
there gonna need more market makers on watch :)
hard to stop a freight train chew chew chomp chomp
RELM in a pressure cooker here:)
noone wants to sell cheap 22s will have to move:)
RELM .0022 breakout today
RELM .0022 breakout today
not getting many shakes may have to go to the ask if ya want in:)
Yes and followed by another lower volume creep up after higher churnage again, then relm keeps going higher and bam acquisitions start to break then back to faster moves ..repeat
RELM .0023 shares are tight acquisitions coming soon:)
after .0025 relm could start to streeeetch her legs a bit:)
RELM #14 most active pinkies now UBSS has .0032 open:)
looking for shares none left up:)
RELM .0022 high of day test :)
Added RELM to the 10 to 100 baggers board picks :)
RELM .0018 now - from my cost avg of .0023 will be a 10 to 100 bagger or more thats .023 - .23++
RELM upcoming Acquisitions DD:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51058800
besides that everything else is just minimal sized gains compared to the upside RELM will give , not many of us here this early compared to the masses to come imo:)
RELM .0018 thin
RELM .0018 thin
No shares left to short again today as yesterday was here http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?key=relm&cntry=usa&tag=&ib_entity=llc&ln=