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RELM .0012 climbing towards multi-aquisitions due here
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.
RELM .0012 climbing towards multi-aquisitions due here
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.
Holding Bullish on Relm guys , we got to be getting close to deals closing bringing the news here
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.
RELM could get a squeeze push too as short interest is up now from pinksheets
Date Short Interest % Change Avg. Daily Share Volume Days to Cover Split New Issue
Dec 31, 2009 171,204 100.00 7,398,808 1.00 No No
Sept 30, 2008 0 -100.00 56,247 0.00 No No
Sept 15, 2008 29 100.00 68,399 1.00 No No
May 15, 2008 0 -100.00 120,979 1.00 No No
Apr 30, 2008 1,732 -67.54 118,733 1.00 No No
Apr 15, 2008 5,336 100.00 22,098
news got to be darn close too now then a whole new ball game
RELM .0011 tight
RELM .0011 tight
RELM .0014 ask ut news due on multiple acquisitions
RELM .0014 ask ut news due on multiple acquisitions
definately once the news hits on mergers going through we will get all the juicy details and revs$$ , book value relm .038 so we are at bottom levels which rarely stay low for long
RELM .0012 RELM Holdings book value .038 , 3 pending acquisitions adding revs $10mil
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=25269
http://www.knobias.com/individual/public/quote.htm?ticker=relm
RELM .0012 RELM Holdings book value .038 , 3 pending acquisitions adding revs $10mil
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=25269
http://www.knobias.com/individual/public/quote.htm?ticker=relm
RELM .0014 heading back ut
Nice right as vert left we started to float up , be nice if thats the end of financing
RELM .0015 bouncing now as vert gone
CBAI pushing HOD now , RELM off lows on news watch too
CBAI .0083 now pushing HOD
RELM .0014 rebounding news of LOI due to add $10mil revs due out soon bottom feeding zone:)
RELM .0014 rebounding should be a nice move as the LOI come to fruition soon adding $10mil revs , very big swinger so far
added .0012 2nd time here to go with my .005s mm are manipulating the heck outta relm imo GLA
RELM .0027 date close now turning up from shake
Relm Technology Group's (RTG) annual technology revenues will exceed $10,000,000.00"
"This transaction takes advantage of significant short-term "owner financing" and is expected to close on or before December 31, 2009 pending execution of a Definitive Purchase Agreement"
http://ih.advfn.com/p.php?pid=nmona&cb=1260992804&article=40568597&symbol=NO%5ERELM
RELM .0027 date close now turning up from shake
Relm Technology Group's (RTG) annual technology revenues will exceed $10,000,000.00"
"This transaction takes advantage of significant short-term "owner financing" and is expected to close on or before December 31, 2009 pending execution of a Definitive Purchase Agreement"
http://ih.advfn.com/p.php?pid=nmona&cb=1260992804&article=40568597&symbol=NO%5ERELM
RELM on high watch possible event(s)
With this transaction and the previously announced planned acquisitions, Relm Technology Group's (RTG) annual technology revenues will exceed $10,000,000.00"
"This transaction takes advantage of significant short-term "owner financing" and is expected to close on or before December 31, 2009 pending execution of a Definitive Purchase Agreement"
http://finance.yahoo.com/news/RELM-Holdings-Inc-Executes-a-iw-3821056612.html?x=0&.v=1
getting close to payout
RELM on high watch possible event(s)
With this transaction and the previously announced planned acquisitions, Relm Technology Group's (RTG) annual technology revenues will exceed $10,000,000.00"
"This transaction takes advantage of significant short-term "owner financing" and is expected to close on or before December 31, 2009 pending execution of a Definitive Purchase Agreement"
http://finance.yahoo.com/news/RELM-Holdings-Inc-Executes-a-iw-3821056612.html?x=0&.v=1
getting close to payout
RELM ask thining .0039 multiple acquisitions coming adding revs to 10mil
RELM ask thining .0039 multiple acquisitions coming adding revs to 10mil
RELM volume looking good acquiring some more revenues book value .02 + easy
11/30/2009 (10:14 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Full Spectrum Information Technology Services and Support Company - Market Wire
11/17/2009 (12:01 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Second Electronic Document Management, Litigation Support Company - Market Wire
11/11/2009 (10:05 ET) RELM Holdings Inc. Executes Investment Banking Agreement - Market Wire
11/09/2009 (10:42 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Document Management, Computer Forensics and Litigation Support Company - Market Wire
11/05/2009 (13:12 ET) RELM Holdings Inc. Launches the Relm Technology Group - Market Wire
11/03/2009 (12:53 ET) RELM Holdings Inc. Seeks an Investment Banking Advisor - Market Wire
10/21/2009 (08:50 ET) RELM Holdings Inc. Posts its Nine Month Financial Statements - PR Newswire.
http://www.knobias.com/individual/public/quote.htm?ticker=relm
RELM volume looking good acquiring some more revenues book value .02 + easy
11/30/2009 (10:14 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Full Spectrum Information Technology Services and Support Company - Market Wire
11/17/2009 (12:01 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Second Electronic Document Management, Litigation Support Company - Market Wire
11/11/2009 (10:05 ET) RELM Holdings Inc. Executes Investment Banking Agreement - Market Wire
11/09/2009 (10:42 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Document Management, Computer Forensics and Litigation Support Company - Market Wire
11/05/2009 (13:12 ET) RELM Holdings Inc. Launches the Relm Technology Group - Market Wire
11/03/2009 (12:53 ET) RELM Holdings Inc. Seeks an Investment Banking Advisor - Market Wire
10/21/2009 (08:50 ET) RELM Holdings Inc. Posts its Nine Month Financial Statements - PR Newswire.
http://www.knobias.com/individual/public/quote.htm?ticker=relm
RELM .0032 next week should start finalizing acquisitions moves fast low float, adding 10mil in revs if all deals close
11/30/2009 (10:14 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Full Spectrum Information Technology Services and Support Company - Market Wire
11/17/2009 (12:01 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Second Electronic Document Management, Litigation Support Company - Market Wire
11/11/2009 (10:05 ET) RELM Holdings Inc. Executes Investment Banking Agreement - Market Wire
11/09/2009 (10:42 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Document Management, Computer Forensics and Litigation Support Company - Market Wire
11/05/2009 (13:12 ET) RELM Holdings Inc. Launches the Relm Technology Group - Market Wire
11/03/2009 (12:53 ET) RELM Holdings Inc. Seeks an Investment Banking Advisor - Market Wire
10/21/2009 (08:50 ET) RELM Holdings Inc. Posts its Nine Month Financial Statements - PR Newswire.
http://www.knobias.com/individual/public/quote.htm?ticker=relm
RELM .0032 next week should start finalizing acquisitions moves fast low float, adding 10mil in revs if all deals close
11/30/2009 (10:14 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Full Spectrum Information Technology Services and Support Company - Market Wire
11/17/2009 (12:01 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Second Electronic Document Management, Litigation Support Company - Market Wire
11/11/2009 (10:05 ET) RELM Holdings Inc. Executes Investment Banking Agreement - Market Wire
11/09/2009 (10:42 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Document Management, Computer Forensics and Litigation Support Company - Market Wire
11/05/2009 (13:12 ET) RELM Holdings Inc. Launches the Relm Technology Group - Market Wire
11/03/2009 (12:53 ET) RELM Holdings Inc. Seeks an Investment Banking Advisor - Market Wire
10/21/2009 (08:50 ET) RELM Holdings Inc. Posts its Nine Month Financial Statements - PR Newswire
http://www.knobias.com/individual/public/quote.htm?ticker=relm
RELM .0032 next week should start finalizing acquisitions moves fast low float, adding 10mil in revs if all deals close
11/30/2009 (10:14 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Full Spectrum Information Technology Services and Support Company - Market Wire
11/17/2009 (12:01 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Second Electronic Document Management, Litigation Support Company - Market Wire
11/11/2009 (10:05 ET) RELM Holdings Inc. Executes Investment Banking Agreement - Market Wire
11/09/2009 (10:42 ET) RELM Holdings Inc. Executes a Letter of Intent for the Acquisition of a Document Management, Computer Forensics and Litigation Support Company - Market Wire
11/05/2009 (13:12 ET) RELM Holdings Inc. Launches the Relm Technology Group - Market Wire
11/03/2009 (12:53 ET) RELM Holdings Inc. Seeks an Investment Banking Advisor - Market Wire
10/21/2009 (08:50 ET) RELM Holdings Inc. Posts its Nine Month Financial Statements - PR Newswire
http://www.knobias.com/individual/public/quote.htm?ticker=relm
RELM has 4 acquisitions with rev$ lined up now definately multibagger potential , LOI's to become final soon
CBAI poppin some here , RELM on watch 4 LOI revs 10mil should go soon too :)
CBAI poppin some here , RELM on watch 4 LOI revs 10mil should go soon too :)
RELM now revs over 10mil stacking from LOI
http://ih.advfn.com/p.php?pid=news&symbol=relm
building up gonna blow soon:)
RELM now revs over 10mil stacking from LOI
http://ih.advfn.com/p.php?pid=news&symbol=relm
building up gonna blow soon
RELM .0042 on watch , many letter of intents due to turn solid adding $6+ mil in revs from news
http://ih.advfn.com/p.php?pid=news&symbol=USOTC:RELM
RELM .0042 on watch , many letter of intents due to turn solid adding $6+ mil in revs from news
http://ih.advfn.com/p.php?pid=news&symbol=USOTC:RELM
RELM DD sure looks like a winner under .01 very attractive added 1 stage watching
*
Estimated Market Cap
$3,575,057 as of Nov 16, 2009
*
Outstanding Shares
650,010,410 as of Sep 30, 2009
*
Authorized Shares
1,000,000,000 as of Sep 30, 2009
*
Float(shares)
85,622,823 as of Sep 30, 2009
*
Number of Shareholders of Record
106 as of Sep 30, 2009
http://www.relmholdingsinc.com/id7.html
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=relm#getCompanyInfo
DD shows 500mil restricted shares = low shares out
Filings show positive $$ millions rev already
News shows added $$ from acquires and loi shows possible soon news of these deals closings ect..
Oh well few hundred $$ says .10 can be breached
Looks like aggressive growth acquiring a lot
from todays news
"With this acquisition, Relm's annual technology revenues are expected to exceed $6,500,000. Consolidated pro forma statements will be provided once all due diligence has been completed"
news week ago
"With this acquisition, Relm's annual technology revenues will exceed $5,000,000.00. Management will provide consolidated pro-forma statements once due diligence has been completed."
Next news 8million? 10mil added revs?? each acquisition has nice revs sure starting to add up
http://ih.advfn.com/p.php?pid=news&cb=1258498831&symbol=RELM
main concern I see is these LOI need to be completed to work
Quiet before the storm
RELM DD sure looks like a winner under .01 very attractive added 1 stage watching
*
Estimated Market Cap
$3,575,057 as of Nov 16, 2009
*
Outstanding Shares
650,010,410 as of Sep 30, 2009
*
Authorized Shares
1,000,000,000 as of Sep 30, 2009
*
Float(shares)
85,622,823 as of Sep 30, 2009
*
Number of Shareholders of Record
106 as of Sep 30, 2009
http://www.relmholdingsinc.com/id7.html
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=relm#getCompanyInfo
DD shows 500mil restricted shares = low shares out
Filings show positive $$ millions rev already
News shows added $$ from acquires and loi shows possible soon news of these deals closings ect..
Oh well few hundred $$ says .10 can be breached
Looks like aggressive growth acquiring a lot
from todays news
"With this acquisition, Relm's annual technology revenues are expected to exceed $6,500,000. Consolidated pro forma statements will be provided once all due diligence has been completed"
news week ago
"With this acquisition, Relm's annual technology revenues will exceed $5,000,000.00. Management will provide consolidated pro-forma statements once due diligence has been completed."
Next news 8million? 10mil added revs?? each acquisition has nice revs sure starting to add up
http://ih.advfn.com/p.php?pid=news&cb=1258498831&symbol=RELM
main concern I see is these LOI need to be completed to work
Quiet before the storm
Hi thoughts on RELM? all info I got says this could run hard
RELM , so early the ibox isnt updated over there
*
Estimated Market Cap
$3,575,057 as of Nov 16, 2009
*
Outstanding Shares
650,010,410 as of Sep 30, 2009
*
Authorized Shares
1,000,000,000 as of Sep 30, 2009
*
Float(shares)
85,622,823 as of Sep 30, 2009
*
Number of Shareholders of Record
106 as of Sep 30, 2009
http://www.relmholdingsinc.com/id7.html
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=relm#getCompanyInfo
DD shows 500mil restricted shares = low shares out
Filings show positive $$ millions rev already
News shows added $$ from acquires and loi shows possible soon news of these deals closings ect..
Oh well few hundred $$ says .10 can be breached
Looks like aggressive growth acquiring a lot
from todays news
"With this acquisition, Relm's annual technology revenues are expected to exceed $6,500,000. Consolidated pro forma statements will be provided once all due diligence has been completed"
news week ago
"With this acquisition, Relm's annual technology revenues will exceed $5,000,000.00. Management will provide consolidated pro-forma statements once due diligence has been completed."
Next news 8million? 10mil added revs??
http://ih.advfn.com/p.php?pid=news&cb=1258498831&symbol=RELM
main concern I see is these LOI need to be completed to work