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Hey, I would take a buy back over a split any day...hope you are right!!
Ok, yes he is talking about the toxic debt so those shares don't dilute the OS more that it already has. I don't think he is saying he is buying hundreds of million shares to reduce the OS...imo. Oh well, we shall soon find out and I have no real reason to doubt Orie yet about his desire to build this company much larger and does really care about the stock price and his shareholders. COHO strong
So, I guess the question is...would it be easier to get to .01+ without a split or .10+ with a split???? Personally, as I have stated before, and have never said this on a penny stock...but I think a 10/1 split would be better for the company going forward and us shareholders especially if Orie get's us to his goal of a 20+ mil. dollar company. New name, new life with many less shares to manipulate with especially if we get high volume...will move fast....imo. :)) enjoy
Thanks Amen
Well, they could have thrown this garbage out yrs ago, but they didn't...why??????
After...imo
With the new os and million's in revs... this could get to 10-20cents + imo
Reply from Orie last Fri. " Hope to hear back from SEC next week."
I do think they will follow through on the r/s and do personally think it will be very good for the company and us, with much good news in the near future! imo Orie says he is looking to make the share price "soar"...we shall see. :)) and not just because of the r/s.....much more to come.
Agree!
They are hoping to hear from the SEC this week...I'm sure they have had the YE and Q done for a while but makes sense to me IF (we know how slow the SEC and FINRA are) they can time things out right with good rev news, new co. name, split, and possible other good news...it would be a nice boost for us...imo
Great....thanks....good job! COHO strong!
Very nice...could you tell us a little about your time with him?
Northridge, CA, March 06, 2019 (GLOBE NEWSWIRE) -- Crednology Holding Corp. (OTC Pink: COHO; "Crednology") announces that, subject to FINRA approval, it will change its name to CorpTech Holding, Inc. (which more clearly fits our business) and has had to file the necessary paperwork to complete a 10 for 1 reverse split.
You know I've never said this about any pinky before but I do feel and have for a while that a small r/s....such as the one Orie is doing and a name change will work well for this company and us. The company is growing every Q and has been for a while now and we have been stuck in the trips. With a much reduced OS and a new name I think it will give us a new release on life as a revenue producing company already with big plans for the near future and a CEO highly invested and caring about the company's future as well as ours! imo glta
Well, they keep updating the share structure:
Share Structure
Market Cap
291,933
03/15/2019
Authorized Shares
5,000,000,000
03/01/2019
Outstanding Shares
417,046,682
03/01/2019
Restricted
12,640,498
03/01/2019
Unrestricted
404,406,184
03/01/2019
Hoping for a very good reason and we find out soon! The economy is doing well...you would think someone would jump in this baby and see it fly!
So, I guess the question is....were they obligated to do what they did and get through BK or could they have just walked away?
This is a profitable OTC company and growing every Q in 2 hot businesses!! and the #'s for last Q and yr. should be quite good per CEO. With a 215m OS after split this should easily hold it's own which would still make it way undervalued and should go up much higher! imo
Profitable, adding clients every Q, 2 hot sectors, transparent CEO with over 1.7mil of his own money invested, looking to go multi-million revs, has done over 25 acquisitions....ton's of experience...wants shareholder value and a top of the line company...Orie- "As a trained Formula Ford race driver I can tell you that you need the right engine under you to push the pedal to the metal without crashing. That is the purpose of the Reg A to provide the financing for a Formula One, well primed racing machine."
mdimport...Orie's response:
"All sellers want 70%-80% cash especially dealing with OTC. The balance is always negotiable. I have done over 25 acquisitions in my career and not a single seller was going to take the bulk of the price in shares.
Cash is king!"
They tried that... good companies want cold Cash... not shares
Sam...per Orie "Continue reading to the end. The one in December was cancelled but replaced with the new application due to year-end financial requirements. It’s a bit confusing but follows the SEC guidelines."
Agree...this split was obviously intended to wipe out the very small shareholders and not wipe out the larger shareholders. With the SS after the split and following through with his goal...20+ mil. in rev's ..I'll take my chances. glta
Good post..agree...Orie tried other avenues but REALLY wants to grow this company and if all goes as planned the stock price now can sky rocket with this now much lower OS and just blow by the the flippers that have bogged us down for more than a yr. There are a LOT of shareholders with 10 or less shares, so there will be no problem getting under the 500. Orie STILL really does care about the shareholders and a 10/1 rs shows that. Again, if all goes like he is planning I'll take .20-.30 or more after a 10 for 1. imo
Yes...pr tomorrow
Agree! One for ten isn't horrible and Orie creating a 20+mil company... could easily reach those numbers...imo
Yep, that's why we are all here.....done a lot of scratching myself....hoping also like all this will catch fire soon and finally no looking back...Orie included. :))
Amen...it's been very tough for us all seeing this manipulation of the stock for SURE but Orie doesn't really have any control over that but has proven he is legit and is here to build a 20+ mil. company for himself, his family, his team and his shareholders! imo
That will change sometime in the future...hopefully near future:
From Orie last week " We are hard at work to see that this company is taking off and shareholder's value elevates"
Orie's MO..."build it and they will come"
I know he is very serious about building a 20+ mil. company and is no spring chicken, so this might be his last go around and is putting a lot of his own money on the line to be sure this is very successful for him and his family, and actually cares a lot about his shareholders. His favorite expression "steady as she goes" says he is taking his time and doing it right. Hope and pray this works out well for him, his team and family because that means it works out really well for us also...imo
Hoping the nibbles turn into big bites soon. As we can see, this will fly with volume but we will need some kind of news or filing for that to happen. Still can't imagine they went though all this, and all this time to not want to make a killing with a good business and this great SS shell!!!
Blullish: No pm but will do for sure, however waiting like Orie for what he has lined up and has accomplished already to be shown. :))
Per Orie "We had an excellent finish for last year especially in technology projects with existing account base and new accounts in the recycling that will bring good results this year as well but the larger growth will come with new acquisitions we plan for 2019."
Would you bet against him?
http://www.credholdingcorp.com/orie
True, but guessing he is waiting and that will change when he gets a company or two bringing us to his goal range " become a $15-20MM+ in revenues " ...which he said he wants to do Q1....:) we shall see!!
Waiting since 2014!!! I hear you!!! :)) Very fortunate to have Orie at the helm as I have a LOT of faith he will finally deliver for us loooooooooooooooooooooooooongs!!! enjoy
Reminder....from Orie last yr: " Everyone needs to realize that I have the largest investment than all in this with over $1.7Mil invested personally so not one shareholder or even the entire community has more risk/reward than myself."
No, I've actually posted that a few times....that was last yr. after he raised the AS and his reason for doing so. You might want to email him as I think he might answer that...if he can, more than a tweet....just guessing.
IF all goes as planned...this could be the best stock of the OTC this yr. especially seeing we are way below where we should be right now! imo
What do you think it might do with this?
From Orie: "Hopefully this will give people the idea that we are serious about having the available means to attract larger opportunities for M&A to become a $15-20MM+ in revenues in 2019."
Also, let me say this about Orie as I have been in communication for over 2 yrs. now...he has done this before and is VERY serious about doing it again. This hasn't been easy for sure but his favorite saying is "steady as she goes" has been just what he has been doing/increasing rev's every Q and is now looking to step it up to MUCH higher levels. imo :)) enjoy
Anticipation!! :)) “This strong finish to our 2018 Fiscal Year bodes well for 2019. The increase in business during the last quarter came primarily from new projects we landed in our technology division while the recycling business realized growth from new clients and generated opportunities from the existing client base. We expect significant growth in our technology division in 2019 while we continue to see steady growth in the recycling division.”
Orie continued: “We continue to search for new acquisition opportunities and will provide news and updates as soon as information is available. Stay Tuned. Much more news to come in 2019.”
OS unchanged 1/30/19...From Orie a couple of weeks ago:
"We had an excellent finish for last year especially in technology projects with existing account base and new accounts in recycling that will bring good results this year as well but the larger growth will come with new acquisitions we plan for 2019." :)) enjoy
Steve, he knows and sending him ton's of emails will result in no answers....imo