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have about 5 million shares - will get back to those who left emails with a number and a time you can reach me.
give us your email again we will give you our phone number and when you call we will tell you of the options we have
your due diligence is always welcome - we will keep you
uppdated on holding these corporate officers accountable. if
by some miracle reliant turns on a dime from their past
debacle we will all be elated - but they have to be held
accountable for their inaccurate statements nonetheless.
if anyone has done some due diligence and has any facts
we will be glad to listen - thanking you all for your
supportive comments.
we have met with our attorneys - two options a complaint with sec than a full blown lawsuit. we have moved first on the complaint with sec. the full blown lawsuit - our next step will cost about 150 k
we did meet with our attorneys- a complaint with the sec is scheduled for starters. we believe this will ultimately come down to our having to shell out about $150,000 to bring a full blown lawsuit against this company who has given false k us asa far as we are concerned. is the 10 million funding just another hoax ?????????????? time will tell. but we believe we have been defrauded here.
WE WILL KEEP YOU POSTED
WE ARE MEETING WITH OUR ATTORNEYS TOMORROW- THESE PRETENDERS
HAVE COST US MILLIONS. WE HAVE ALLOCATED TIME AND MONEY FOR
THIS PROJECT. KEEP US POSTED ON YOUR DIRECTION - IT MAY
BE A MARATHON AND NOT A SPRINT - BUT ONE WAY OR THE OTHER WE
WILL FINISH THE RACE !!!
THANKS FOR THE OFFER- IF YOU GOT THE TIME IT WOULD BE HELPFUL TO LIST ALL MISREPRESNTATIONS STARTING WITH THEIR PROJECTIONS OF 750 MILLION OF REVENUE. ALSO ANY DETECTVIE WORK ON THEIR SUPPOSED 250 MILLION DOLLAR LINE WOULD HELP.
WE HAVE SCHEDULED MEETINGS WE WILL KEEP EVERYONE POSTED
WE RELIED ON THE SHAREHOLDER STATEMENTS FROM THE COMPANY TO KEEP
BUYING THIS STOCK. THEY HAVE MADE A LARGE NUMBER OF
MISREPRESENTATATIONS TO ALL THEIR SHAREHOLDERS. BUT IT WOULD
HELPFUL TO START A LIST OF EVERY STATEMENT FROM THE COMPANY
THAT CAUSED US ALL TO INVEST. OVER THE NEXT WEEK WE START TO
LIST PR,S THE COMPANY MADE THAT INDUCED US TO HOLD ON TO RFNS
WHEN IN FACT WE SHOULD HAVE BEEN SELLING. AS WE HAVE STATED
WE HAVE INVESTED IN HUNDREDS OF MILLIONS OF DOLLARS OF STOCK
OVER THE LAST DECADE AND THE STATEMENTS MADE BY THIS COMPANY
HAVE US EXAMINING WITH ATTORNEYS AND FINANCIAL EXPERTS OUR
LEGAL OPTIONS. JUST AS A STARTER - WHAT HAPPENED TO THE
GUAREENTEED 100 MILLION DOLLAR REVENUE STREAM. WHAT HAPPENED TO
THE CONVICTION THAT THE CANADIEN MARKET STANDS ON ITS OWN?
WHERE ARE THE MORTGAGE POOLS THEY WERE CLOSING???????????
WE NO DOUBT HAVE A LAWSUIT, THE QUESTION IS WILL WE PURSUE
IT ???
THE ANSWER IS AT THIS POINT WE ARE OUT WELL OVER ONE MILLION
DOLLARS AND THE MONEY WE TOOK OUT OUT OF OTHER INVESTMENTS
BRINGS OUR LOSSES BECAUSE OF THESE MISTATEMENTS TO ABOUT 3
MILLION - SO IF WE HAVE TO SPEND ANOTHER 150 THOUSAND TO SEE
JUSTICE PREVAIL - WE PROBABLY WILL.
ALL OF US NEED TO KEEP THE LIST. MAYBE THEIR NEXT LAUNCH WILL
BE A SUCCESS,
WE RELIED ON THE SHAREHOLDER STATEMENTS FROM THE COMPANY TO KEEP
BUYING THIS STOCK. THEY HAVE MADE A LARGE NUMBER OF
MISREPRESENTATATIONS TO ALL THEIR SHAREHOLDERS. BUT IT WOULD
HELPFUL TO START A LIST OF EVERY STATEMENT FROM THE COMPANY
THAT CAUSED US ALL TO INVEST. OVER THE NEXT WEEK WE START TO
LIST PR,S THE COMPANY MADE THAT INDUCED US TO HOLD ON TO RFNS
WHEN IN FACT WE SHOULD HAVE BEEN SELLING. AS WE HAVE STATED
WE HAVE INVESTED IN HUNDREDS OF MILLIONS OF DOLLARS OF STOCK
OVER THE LAST DECADE AND THE STATEMENTS MADE BY THIS COMPANY
HAVE US EXAMINING WITH ATTORNEYS AND FINANCIAL EXPERTS OUR
LEGAL OPTIONS. JUST AS A STARTER - WHAT HAPPENED TO THE
GUAREENTEED 100 MILLION DOLLAR REVENUE STREAM. WHAT HAPPENED TO
THE CONVICTION THAT THE CANADIEN MARKET STANDS ON ITS OWN?
WHERE ARE THE MORTGAGE POOLS THEY WERE CLOSING???????????
WE NO DOUBT HAVE A LAWSUIT, THE QUESTION IS WILL WE PURSUE
IT ???
THE ANSWER IS AT THIS POINT WE ARE OUT WELL OVER ONE MILLION
DOLLARS AND THE MONEY WE TOOK OUT OUT OF OTHER INVESTMENTS
BRINGS OUR LOSSES BECAUSE OF THESE MISTATEMENTS TO ABOUT 3
MILLION - SO IF WE HAVE TO SPEND ANOTHER 150 THOUSAND TO SEE
JUSTICE PREVAIL - WE PROBABLY WILL.
ALL OF US NEED TO KEEP THE LIST. MAYBE THEIR NEXT LAUNCH WILL
BE A SUCCESS,
HOW DO YOU KNOW THAT?
JDS- SENT YOU AN EMAIL WITH A PHONE NUMBER- DID YOU GET IT ?
jdsgungo, would you give us your email address, so we can email you our phone number to contact us ?
you have done some great due diligence, and we wanted to get some insight on what you found out about reliant
thanks
jdsgungo, would you give us your email address, so we can email you our phone number to contact us ?
you have done some great due diligence, and we wanted to get some insight on what you found out about reliant
thanks
DONE CROSSING OUR FINGERS - NEED TO LOOK AT OPTIONS!
BY THE WAY IT LOOKS LIKE THEIR WEBSITE IS MISSING A FEW PR'S-
IF ANYONE CAN FIND THEM IT WOULD HELP !!!!!!!!!!!!!!
WHATEVER HAPPENS TO RELIANT, WE HOPE THIS BOARD REMAINS ACTIVE
WITH THOSE THAT DID SOME GREAT DUE DILIGENCE, WE WILL NEED
YOU GOING FORWARD, LEGAL OPTIONS ARE STILL ON THE TABLE.
RELIANT HAS MADE MANY STATEMENTS INCLUDING THE FACT THAT THEY
WERE PREPARED TO TAKE PRIME MORTGAGES. WITH MY WIFE'S ILLNESS
IT HAS BEEN A STRESSFUL TIME AND WE HAVE NOT HAD A LOT OF TIME
TO PUT ALL THE FACTS TOGETHER. IF ANY OF YOU GOING BACK
TO THE FIRST LAUNCH AND PRESS RELEASE CALLING IT A SUCCESS,
CAN RECONSTRUCT THE CONTENT AND DATES OF PRESS RELEASES THAT
WERE BOTH UNTRUE AND DECEPTIVE THAT WOULD HELP. IF RELIANT
IS TELLING THE TRUTH ABOUT RESUMING OPERATIONS WE WILL SOON
KNOW, BUT THERE PAST PERFORMANCE LEAVES A LOT TO BE DESIRED.
ALSO WE KNOW THEY TRADED ON THE NASDAQ, AND THERE OPERATIONS
WERE IN CANADA, BUT WHERE WERE THEY INCORPOATED ???
P.S. THIS STOCK HAS KEPT US UP AWAKE AT NIGHT, TO THINK WE
TOOK ALL OUR MONEY OUT OF GG (GOLDCORP) TO BE DECEIVED HERE
IS A REAL LETDOWN.
THANKS FOR EVERYONE'S CONCERN. IT IS GRATIFYING TO KNOW THAT
THERE ARE PEOPLE HERE THAT CARE. WE ARE FROM RHODE ISLAND.
WHAT BOTHERS US MOST IS THAT WE WERE LOYAL INVESTORS AND
REALLY THOGHT THAT WHEN RELIANT SAID THAT ITS LAUNCH WAS A
SUCCESS, IT REALLY WAS. AND THAT WHEN THEY STATED THEY WERE
CLOSING MORTGAGE POOLS THAT THEY WERE. AND WHEN THEY TALKED
ABOUT ALL THOSE APPLICATIONS FROM FILOGEX (30+ MILLION WORTH)
THAT THEY WERE NOT TRYING TO DECEIVE US. AND THE RESILIENCY
OF THE CANADIAN MARKET AND ON AND ON. NEVER MIND THE BILLION
DOLLAR PROJECTIONS ! THEY LED US TO BELIEVE THEY HAD ALL
THE PIECES PUT IN PLACE TO START A PROFITABLE OPERATION.
EVEN THE TEN MILLION INFUSION, WE NEVER KNOW WHEN THEY ARE
BLUFFING OR TELLING THE TRUTH. SORRY WE WERE SO POSITIVE ON
THIS MANAGEMENT, WE ARE STILL HOLDING OUR SHARES BUT WE NEED TO
LOOK AT WHAT OPTIONS WE HAVE AS SOON AS WE CAN.
DOES SUCCEED, IT WOULD SOLVE A LOT OF PROBLEMS FOR ALL OF US.
B
OUR ACCOUNTANT TOLD US THE SAME THING, MY WIFE HAS BEEN REALLY ILL LATELY AND WE ARE DEALING WITH IT. WE WILL BE CONSULTING A HIGH POWERED LAW FIRM SOON. AS FAR AS MAKING THE TREK UP TO CANADA, IT MAY BE AN OPTION ALSO. THANK FOR YOUR OBSERVATIONS. WE TOOK A DOUBLE HIT ON RELIANT IN THAT WE WERE BUYING GOLD CORP (GG) IN THE LOW 20'S ONLY TO DIVERT THESE INVESTMENTS TO RELIANT BASED UPON WHAT THEY WERE PUBLICLY STATING. GOLD CORP IS OVER 30 DOLLARS. O THIS HAS BEEN PAINFULL IN MANY WAYS.
WHILE NO ONE WANTS TO FILE A CLASS ACTION SUIT, MAYBE SOME OF THE MORE KNOWLEGABLE ON THIS BOARD COULD FIND OUT WHAT OPTIONS WE HAVE AS BEING THE ONLY 300 STOCKHOLDERS LEFT ? IF THIS OPTION BECOMES NECESSARY, HOW DOES THEIR PRESENT ACTION OF DELISTING INSULATE THESE GUYS FROM FUTURE LIABILITY CLAIMS ????????
WE ALL WANTED RELIANT TO SUCCEED, AND MAYBE THERE IS A GLIMMER O HOPE THAT THEY WILL DO THE RIGHT THING, BUT WE ALL HAVE TO FEEL LET DOWN. WAS THERE DECEPTION ON THEIR PART. DID A REAL FRAUD HAPPEN HERE ???
THESE QUESTIONS MAY AVE TO BE ANSWERED GOING FORWARD.
STAY IN TOUCH WE WILL BE CONTACTING SEVERAL LAW FIRMS TO BE A LEAD PLAINTIFF - WE WILL NEED EVEYONES HELP IN THIS - THESE GUYS HAD THIS STOCK UP TO 27+ CENTS ON THESE PR'S AND CLIPPER'S ANALISYS
THINK IT MAY BE TIME TO FILE A CLASS ACTION SUIT - EVEYONE KEEP ALL THE PRESS RELEASES - THEY SEEM TO BE JUST A CHARADE TO BILK INVESTORS - FROM CLIPPER TO ALL THE BALONEY OF THE CANADIAN MARKET NOT BEING AFFECTED - TO THE CLOSING OF MORTGAGE POOLS.
BASHING CONSTRUCTIVELY, AND RELIANT SEEMS TO WELCOME
CONSTRUCTIVE DIALOGUE, IS OK, BUT AGHRUM HAS NO DOUBT CROSSED
THE LINE. IF WHAT RELIANT HAS DONE IS DECEITFUL, TWO WRONGS
DO NOT MAKE A RIGHT. MAYBE, THEY WILL SOMEHOW MAKE IT ALL
RIGHT, MAYBE JUST MAYBE THEY DO HAVE A CONSCIENCE AND THEY
WILL GO THE EXTRA MILE TO REWARD OUR LOYALTY IN AL OF THIS.
THERE IS NO DOUBT A TRUST BUT VERIFY ATTITUDE ON THIS BOARD
IS A GREAT HELP TO ALL OF US.
ALSO, WE ALL NEED POSITIVE NEWS - MAYBE WE WILL GET SOME BY
THE 29TH !!!!!!!!!!!!!!!!!
MANZANIAC, WE COULD HAVE USED MORE OF YOUR DUE DILIGENCE
EARLY ON - BUT LATER IS BETTER THAN NEVER.
KEEP UP THE GOOD WORK - PLEASE CONTINUE TO KEEP US POSTED.
THE RATE CUT SHOULD GET THE INVESTORS ATTENTION AND RELIANT
SHOULD BE BACK IN ACTION SOON !!!!!!!!!!!!!!!!!!1
WE DID THE ANALYSIS EARLY AND WE CAME UP WITH FIGURES FOR
EACH COMPONENT BASED ON WHAT RELIANT HAD STATED IN THEIR
EARLY PR THAT BOYD PUT OUT . FOR EXAMPLE THEIR REGISTRATIONS
HAD A VALUE BASED ON LEGAL AND CONSULTING WORK. THEIR
CONTACTS HAD A VALUE BASED ON THE ECONOMIES OF SCALE. THEIR
ABLILITY TO RECEIVE A 250 MILLION CREDIT LINE HAD VALUE. THE
ABILITY TO GET THE INSURANCES, THAT IS THE JOB PROTECTION ETC
AND THIR UNIQUE 55 YEAR MORTGAGE AMORTIZATION WHICH WE WERE
LED TO BELIEVE WOULD SUPPLANT THE US SUB PRIME PROBLEM AS WELL
AS AFFILIATIONS WITH CENTUM, STEWART TITLE, BRIT INSURANCE
ETC ALL HAD VALUE - BUT THEY ONLY ALL HAD VALUE IF WE WERE
BEING TOLD THE TRUTH ON ALL OF THEM - NOT SOME OF THEM.
THAT IS WHY RELIANT NEEDS TO ACT FAST TO CAPTURE WHAT THEY
TOLD US THEY HAD !!!!!!!!!!!!!!!!!!!!!
IF RELIANT HAD ACCOMPLISED, WHAT THEY SAID THEY HAD
ACCOMPLISHED, STILL THINK THIS STOCK WOULD BEEN WORTH AT
LEAST 40-50CENTS PER SHARE. THAT ALONE SHOULD BE
INCENTIVE TO KEEP THE HAMILTON PUSHING FOR SUCCESS !!!!!!!!
WE PROBABLY HAVE THE MOST REASON TO BE NEGATIVE AT THIS POINT
AND THE COMPANY HAS MADE PROMISES THEY DID NOT KEEP. THEY
HAVE A CHANCE TO REVERSE THIS. USING FOUL LANGUAGE IS GOING
TO GET US NOWHERE. STILL BELIEVE WE NEED TO GET GOING
WITH THE INVESTORS, TIME IS OF THE ESSENCE, WE STILL NEED TO
HEAR FROM THE CEO. WE HAVE BEEN LED DOWN A ROSEY PATH BY BOYD
AND WE HAVE BEEN THE VICTUM OF SOME HALF TRUTHS. WE NOW NEED
LEADERSHIP AND WE NEED TO SEE ACTIONS NOT WORDS. THERE IS A
HUGE NEED OUT THERE, AND RELIANT IS IN A UNIQUE PLACE TO
SEIZE THE OPPORTUNIY. IT IS TIME TO MAKE IT HAPPEN !!!!!!!!1
WE OBVIOUSLY NEEDED THIS NOW - CREDIBLE COMMUNICATION
MEANS THAT YOU ARE LISTENING TO SHAREHOLDERS
AT LEAST WE KNOW THAT AT THIS POINT THE HAMILTON BROTHERS
WILL REFUSE TO FAIL. SUCCESS FOR A FEW IS SUCCESS FOR
ALL !!!!
FEEL LIKE WE ARE LIVING IN THE LAND OF THE WIZARD OF OZ - WE
NOW NEED THE CEO TO SET THE RECORD STRAIGHT - WHICH COMPANY
GAVE THEM THE INSURANCE WRAP - WHO IS PUTTING UP THE 5-10
MILLION AND WHEN CAN WE GET THE BUSINESS GOING - PRIME, SUB
PRIME, VACATION HOMES OR COMMERCIAL LOANS - COME ON GUYS SOME
OF US GOT OUR LIFE SAVINGS AT RISK - NO MORE
CHARADES !!!!!!!!
MUST SAY AFTER LOSING A MILLION DOLLARS HERE, THE LAST FEW
DAYS HAVE BEEN LIKE BEING ON A ROLLER COASTER. THEY CERTAINLY
NEED TO PRODUCE. THE CEO HAS TO RESPOND WITH A VIABLE
BUSINESS DIRECTION. THEY NEED TO GIVE US THE NAME OF THE
COMPANY THAT IS ISSUING THE INURANCE WRAP AND TELL US WHO
ARE THE INVESTORS. THEY NEED TO STEER THIS SHIP ON THE RIGHT
COURSE NOW !!!!!!!!!!!!!
YOU HAVE DONE SOME GREAT DUE DILIGENCE. BUT WHILE THIS
ACUISITION WAS NO DOUBT AN INSIDE JOB, WE STILL SAW THE VALUE
IN IT. WE OWN TWO BEAUTIFUL CONDOS IN CELEBRATION, FLORIDA
5 MINUTES FROM DISNEY. THERE IS AN INCEDIBLE OPPORTUNITY HERE
THESE PROPERTIES HAVE DROPPED IN VALUE AND THEY WOULD NO
DOUBT PRESENT A GREAT BUYING OPPORTUNITY GOING FORWARD FOR
BUYERS. HOPE RELIANT KEEPS THIS AS PART OF THEIR BUSINESS
PLAN. THE INVENTORY IS AVAILABLE, THE PRICES ARE REDUCED
AND THERE IS AN ENDLESS STREAM OF QUALIFIED BUYERS ESPECIALLY
IN CANADA AND EUROPE WHO WOULD BE MORE THAN WILLING TO OBTAIN
A RELIANT MORTGAGE. THE MORTGAGE WRAP PROTECTION WOULD BE
THE COUP DE GRAS. LET'S KEEP OUR FINGERS CROOSED RELIANT IS
GOING TO MOVE FOWARD IN THESE AND OTHER AREAS OF OPPORTUNITY
FULL SPEED AHEAD - AND A MESSAGE FROM THE NEW CEO WOULD LET
US ALL FEEL RESSURED ABOUT THE FUTURE
THIS IS THANK GOD A VERY KNOWLEGEABLE BOARD !!!!!
P.S. THE NEW CEO NEEDS TO STEP UP TO THE PLATE AND COME
OUT WITH A REAL PROSPECTUS. HE NEEDS TO COMMUNICATE
JUST HOW RELIANT IS GOING TO SEIZE THE OPPORTUNITY.
HE COMES FROM A FAMILY THAT KNOWS HOW TO MAKE REAL MONEY
HIS INVOLVEMENT MUCH MORE THAN THAT OF BOYD MEANS
HE SEES A TREMENDOUS BUSINESS OPPORTUNITY. TIME TO LEAD -
THE BUMP IN THE ROAD RELIANT HAS PASSED MEANS SUCCESS IS
CLOSER THAN WE ALL THINK. THE INFRASTRUCTURE HAS BEEN
REFINED TO THE POINT OF BEST BUSINESS PRACTICES - SO WHILE
THE MARKET SUFFERS, RELIANT HAS THE SYSTEM IN PLACE TO MAKE
IT THE GOOGLE OF MORTGAGE COMPANIES !!!!!!!!!!!!
THE NEW CEO'S INVOLVEMENT IS INDICATIVE OF A COMPANY THAT
SHOULD BECOME A MARKET LEADER IN NORTH AMERICA - HOW MANY
COMPANIES IN NORTH AMERICA HAVE THE TOOLS RELIANT HAS THAT
SHOULD POSITION THEM AS A MARKET LEADER? THE INSURANCE
WRAP, JOB LOSS PROTECTION, AND A 55 YEAR OFFERING ALONG WITH
THE CONTACTS MENTIONED EARLIER MEANS WE ARE STANDING ON A GOLD
MINE WE JUST NEED RELIANT TO EXECUTE - AND NO`DOUBT THEY WILL
THEY CERTAINLY HAVE THE DEMAND, THERE IS A BIG VOID FOR
THOSE NEEDING FIXED RATE MORTGAGES P-E-R-I-O-D.(....)
THEY SEEM TO JUST NEED TO GET THIS SNOWBALL ROLLING DOWN HILL
WITH ALL THIER EXPERIENCE AND CONTACTS - IT IS NO DOUBT
TIME FOR THIS BUSINESS PLAN TO LEAVE THE STATION
THIS MARKET IS BEGGING FOR RELIANT TO GET THE SHOW ON THE
ROAD. THE INSURANCE WRAP SHOULD GET THE CASH FLOW
FROM POTENTIAL INVESTORS, AND THE CASH FLOW ALONG WITH
THE OTHER JOB LOSS PROTECTION AND ONGOING RELATIONSHIPS
WITH BRIT AND STEWART INSURANCE SHOULD MEAN BUYERS OF THE
MORTGAGE POOLS. THE COMPUTERS ARE READY TO TAKE ORDERS,
RELIANT - OPEN FOR BUSINESS _- NO MORE DELAYS !!!!!!!!!!
SHOULD ALREADY BE HAPPENING - THEY MOST LIKELY KNOW BY
NOW THEY DON'T NEED A SNOWBIRD - THE BIRD THEY ALREADY HAVE
IN THEIR HAND IS WORTH TWO IN THE BUSH !!!!!!!!!!!!
THOUGHT THE INSURANCE WRAP WAS THE REAL POSITIVE NEWS.
MUST SAY WE LIKED THE IDEA OF SELLING MORGAGES ON VACATION
PROPERTIES. ANYWAY THE MANAGEMENT IS THINKING, BRAINSTORMING
AND IT ONLY PAYS FOR THEM IF THEY CAN INCREASE THE PPS
THEY NEED CASH FLOW AND EARNINGS.
ALSO SOMETHING BETTER MUST HAVE HAPPENED IF THEY CANCELED
THIS DEAL. STILL THINK THE INFRASTRUCTURE HAS GAINED VALUE
THOUGHT THE INSURANCE WRAP WAS THE REAL POSITIVE NEWS.
MUST SAY WE LIKED THE IDEA OF SELLING MORGAGES ON VACATION
PROPERTIES. ANYWAY THE MANAGEMENT IS THINKING, BRAINSTORMING
AND IT ONLY PAYS FOR THEM IF THEY CAN INCREASE THE PPS
THEY NEED CASH FLOW AND EARNINGS.
ALSO SOMETHING BETTER MUST HAVE HAPPENED IF THEY CANCELED
THIS DEAL. STILL THINK THE INFRASTRUCTURE HAS GAINED VALUE
SEE GUYS YOU SOLD TOO EARLY - AS WE SAID WE WILL PROBABLY ADD
MORE SHARES AS THE POSITIVE NEWS COMES IN.
GOOD LUCK LOYAL LONGS AND THOSE THAT WANT BACK IN !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
JUST WENT ON THE SNOWBIRD SITE- WE ARE IMPRESSED
JUST GO TO THE PR ON YAHOO FINANCE AND CLIK ON THE SNOWBIRD
LINK. WE THINK THIS IS A WINNER FOLKS !!!!!!!!!!!!!!!!!!
WE HAVE SOME CONDOS TO LIST AND THIS IS ALSO A GREAT SITE
FOR BUYING OPPORTUNITIES. SOMEONE DID SOME BRAISTORMING
AT RELIANT WHILE WE WERE ALL PANICKING !!!!!!!!!!
GREAT LUCK TO THOSE LONGS THAT NOW HAVE A DIAMOND IN THE
ROUH !!!!!!!!!!!!!!!!!!!!!
THE REVERSE SPLIT WILL BRING THE TOTAL NUMBER OF SHARES TO A
LITTLE OVER 20 MILLION. THE 2 FOR 1 DIVIDEND WILL BRING THE
FINAL OUTSTANDING TO A LITTLE OVER 40 MILLION. ONE CAN
DEBATE THE PRUDENCE OF THIS MOVE ALL DAY, BUT THE IMPORTANT
FACT REMAINS - THEY STATED THEY NOW HAVE THE INSURANCE WRAP
AND IF BUYING SNOWBIRD MORTGAGE ( WHICH BY THE WAY GIVES
RELIANT A NEW BUSINESS VENTURE - FINANCING VACATION HOMES
WHICH FURTHERMORE MEANS CANANADIANS CAN PROBABLY START TO
TAKE ADVANTAGE OF THE LOW AMERICAN PRICES IN FLORIDA ETC )
THAN THIS IS EVEN BETTER NEWS. THE BOTTOM LINE IS THE TRAIN
IS LEAVING THE STATION - AND THE STOCK PRICE WILL ONLY
GO UP AS REVENUE IS ACHIEVED. AND THERE IS NO SHORTAGE OF
BUSINESS- THE DEMAND FOR MORTGAGES ESPECIALLY FOR THOSE
WANING TO BUY HOMES IN THE U.S. IS OUTSTRIPPING THE SUPPLY.
LOOKS LIKE RELIANT HAS JUST TAPPED INTO A MAJOR MARKET WITH
A`100 THOUAND DOLLAR INVESTMENT 1.E. BUYING SNOWBIRD MORTGAGE
FOR ABOUT 5 MILLION SHARES)
OF COURSE WE WERE NOT CONSULTED ON THIS. THERE ARE THREE
SHAREHOLDERS THAT OWN ABOUT 20 MILLION SHARES EACH. THEY
ARE OBVIOUSLY CONTROLLING WHAT HAPPENS AT RELIANT. THAT DOES
HAVE SOME POSIIVES. THEY CAN AGREE TO CHANGE THEIR DIRECTION
WITHOUT CONSULTING ANY OF US. AS WE HAVE SAID, WE HAVE
COMMITTED ABOUT A MILLION DOLLARS TO RELIANT AND WE CURRENTLY
OWN ABOUT 4.7 MILLION SHARES. LOOKS LIKE THE SHAREHOLDERS
THAT KEEP THEIR STOCK WILL RECEIVE THIS 2 FOR 1 DIVIDEND.
WE ARE HAPPY ABOUT THE INSURANCE AND THE NEW LEADERSHIP
AT THE COMPANY. THE NEW INVESTMENT THAT HAS BEEN DISCUSSED
WILL ALSO GO A LONG WAY TO BOOST CONFIDENCE.
THE ABILITY TO FINALLY EXECUTE THE WRITING OF MORTGAGES IS
WHAT WILL FINALLY MAKE RELIANT PROFITABLE FOR ALL
SHAREHOLDERS !!!!!!!!!!!!!!!