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Reply from Orie on possible REG A cancellation:
"Where did you hear that? Not to my knowledge. Matter of fact SEC just yesterday received another form from us that they needed to complete the Reg A. I’ll let the community know when we receive additional information."
Per Orie..." That’s the legal opinion on the accuracy of the year end financials we filed." COHO STRONG!!
Thanks wilmots...beat me to it :) From Orie today:" Business is noticing strong surge primarily in the recycling sector - has to do with April being Earth Day month (today). See my tweet this morning." Coho Strong!!!!!!!
Getting a little attention today...hope you are right about May...this shell seems too good for someone to pass up...imo.
Orie email:
Dear Clients and friends
We are very pleased to announce that 4Service Cloud Tech received today the coveted Global Excellence Award, selected as one of the best Data Storage and Recovery in California. We are proud to have this accolade, demonstrating the level of engineering and high-end IT support we provide.
We thank our clients and thousands of users who put their trust in our organization daily and give us the opportunity to support your IT requirements.
Cheers to our engineering and support teams.
ORIE RECHTMAN
CEO
Los Angeles
San Diego
San Francisco
Switzerland
PHONE 818 465 1300
DIRECT 818 465 1295
www.4service.com
www.itatonce.com
www.evolvepartners.com
www.californiarecycles.com
Chichus...four months approaching soon....thoughts now?
Well if we ever get an answer...a half mil. will suffice :))
Somebody slowly buying this...wonder for what reason???
Lol...aren't we all...from Orie:
"All good and moving forward nicely.
More to come very soon.
Best regards
Orie rechtman"
Thanks...you too buddy...good to see you back and still here! Hoping all of our extreme patience will finally be worth it....should be a VERY good yr.!
Yes, so far this stock has trouble getting sustained legs up....hoping that changes now with all this company has going for it!!!!
Maybe this has a little more meaning now....Great stock/co/CEO and great board glta!!
https://finance.yahoo.com/news/crednology-holding-corp-wants-shareholder-133000950.html
Orie and his team are the Best!!! He and his team want to build a real legit cloud/e-waste company....any doubters out there now??????? :)) Much more to come...don't sell too early...imo
Annual Report out: https://www.otcmarkets.com/stock/COHO/disclosure
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.
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. :))