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.
Well you seems well versed to put him in his place and want someone to do it...you know much more than me...so go for it!!! Let us know.
Go for it!!
PHONE 818 465 1300
DIRECT 818 465 1295
www.4service.com
www.itatonce.com
www.evolvepartners.com
www.californiarecycles.com
Also asked him if the deal was still on when this get's cleared...his answer: "Yes that is the plan but it might weeks though before we know anything from the Sec, but I am determine to do all I can to make it work for all."
From Orie....asked him to twitter or give me something to post about developments...he gave me something to post:
Attention COHO shareholders. As you all know the SEC – upon receiving the 8K notice from the new management of COHO on July 8th, immediately declared Caveat Emptor and took the position that in order to remove this designation the company will have to produce 10 years of audited financials which is impossible to achieve and had we had this information in 2016 we would not have entered into a transaction with former COHO management. SEC had the opportunity to inform management within reasonable time of the form 15 filed in 2010 but never did until now.
Our lawyers are making attempts to find a different solution one of them is the possibility of us providing a 2 years audited financials of COHO past 2 years. I have already started making all preparations for such event. We will continue to work with the SEC to restore trading while looking at all alternatives available. This action by SEC affects current shareholders and is extremely frustrating for all especially when we are told that any response from SEC today can take weeks however the Caveat Emptor took one day.
I will continue to communicate with Shareholders on any new developments as they happen.
Ok, one last email reply from Orie. I inquired about our toxic debt still in the books...his reply.
"I was not party to that but Tangier and them worked out a deal and I assume they will buy the notes but really, I have no information on this – just a hunch, since they are a multimillion dollar company"
rawman...."When the new owners filed the 8K for change of control the SEC immediacy demanded that they will file a Super 8K which also involves financial disclosures and elaborate in details about the new company as well as handle the matter of revoking the shell status through the new ownership.
The new management security lawyer is working on it and it should be filed shortly according to them."
So rawman I am no expert but this reads to me that the SEC suspended COHO due to more info. from the NEW company. We would not be suspended right now if we were still COHO under Orie and this didn't happen????
Nice...thanks for that DD!
Per Orie on suspension of COHO:FYI
"When the new owners filed the 8K for change of control the SEC immediacy demanded that they will file a Super 8K which also involves financial disclosures and elaborate in details about the new company as well as handle the matter of revoking the shell status through the new ownership.
The new management security lawyer is working on it and it should be filed shortly according to them.."
Email:
Orie Rechtman <orie@4service.com>
To:
Wed, Jul 8 at 12:46 PM
This could be a positive development for long-term shareholders which i am one of now.
Best regards
Sent from my T-Mobile 4G LTE Device
Get Outlook for Android
Not fake...direct email from Orie...I've been here too long to put out fake news :))
ccret: This is tough for sure ...really thought Orie was our guy and told him so, however I think?? he thinks this might work out better for us and is now also a shareholer just as we are and I'm sure he doesn't want to lose money either. I have been in close contact with him over the yrs. as you , and it seems that most everything he tried just didn't work out for some reason. So. I'm hoping he felt this was best for him and us...we shall see....hang in there....praying also and pray all works out for you and your great family!
From Orie, "This could be a positive development for long-term shareholders which i am one of now.
Best regards
Sent from my T-Mobile 4G LTE Device
Get Outlook for Android
I know he said "could" which sounds a bit scary but he couldn't say "will" of course. GLTA
Orie will be one of us now.
Lot of nibbling going on here....wonder why the buying and selling of such small amounts???
Yes, per Orie today "We posted a letter today to SEC asking them to remove the shell. We’ll see how long it will take them.
Best regards"
So we all know anyone that does DD will see this is NOT a shell, but it would be good to get rid of it. COHO Strong
Not sure what everyone here is expecting from Orie at this juncture...I don't know for sure but I would doubt many small companies such as ours is putting out any news at this time and are more focused...as Orie is... with keeping his family and employees safe and still trying to work the business the best they can. He has already said Europe is shut down, so nothing going forward there. They are working on the cloud business, and would I like more detailed info...of course but at this point this is his reply from my email to him asking how he/family/work team are doing and the cloud business. By the way, any shareholder can email him and he is usually pretty good about answering as long as your decent about it. imo Keep safe everyone!
"Family and employees are healthy and safe and keep taking care of business in the cloud."
Good here thanks... been some volume here lately... still hoping for something good for us longs... stay safe all.
Per Orie: "Thank G-D everyone here is safe and healthy. Hope the same continues for us all.
The cloud business is busy and we actually increasing capacity of servers. The E-Waste is shut down for now until businesses are open again and shelter at home is cancelled.
We all shall overcome this.
Patience perseverance safety and health.
Best"
Things going well but Europe basically shut down right now... steady as she goes and nothing major to report right now.
Things going well but Europe basically shut down right now... steady as she goes and nothing major to report right now.
As Orie would say.... from your lips/post to G-D's ears. COHO STRONG
02/20/2020....could this be our turning point? Hope so!!!! :))
Marked! Agree!
There is always a chance something might happen till it happens, but the last sentence sounds very positive backed up by what ccret shared..you know Orie wants this to happen just as much as we do!! He has run into some road blocks over the past couple of yrs. but is still intent on making his vision for this company happen for him and us. :))
Sam/all...reply from Orie: " JJ has NOT made any investment as of yet. Expecting something to happen very soon over there."
That would be great...thanks!
Nice get....get. :)) Hoping Orie comes through big time for us this yr. and make it worth the loooooooooooooooooooong wait!!!
Agreed...thanks for going to the event!
Lol...you beat me to it...from Orie
"Yes this is is. A very nice new contract starting tomorrow" COHO Strong
Orie tweet from last Nov. "good progress is made in Europe where we are exploring better ways to raise capital to execute our M&A plans while on this side of the pond smooth sailing"
It was my understanding that Orie abandoned the REG A due to it being almost impossible to get and is the reason he is going for the overseas stock market to raise capital for acquisitions.
Well, looks like we are going to have a little more patience.....from Orie yesterday..."Steady as she goes with business nothing new to share at the moment. I will update as soon as we get news worthy events"
We do know this is a real company and is making money! Happy 2020 all. Hope and pray things come together in a big way this yr for Orie/COHO and us!!!!!!
Well, not exactly yet per Orie today"CorpTech Holding Corp Inc. was approved by Delaware but not yet with the SEC. They have not responded to our name change yet since we wanted to keep the ticker. I will let all know when approved."
You don't think he would love to do that...he is doing his best to build a much larger company and has hit some road blocks, but has a great attitude and says he and his team are always looking at all avenues to get there and isn't giving up!! Going to Europe is one example when the RegA became almost impossible to do. COHO STRONG
Probably when there is some :)
Sam/all....from Orie: "Yes, it was approved by Delaware but not by SEC as of yet. They continue to do all they can to disrupt the penny stock market."
I can understand the SEC being cautious with the penny stock market companies, but it would only take a little looking to realize this is a legit company for sure! geeez
3:24 pm today
FYI...could be any day or could be a while....from Orie:
"Regulators in Europe take as much time as those in the US. Nothing to report yet.
Best regards"
Thanks...Good Monday morning...let's have a great COHO week!