InvestorsHub Logo
Followers 157
Posts 10485
Boards Moderated 3
Alias Born 10/14/2001

Re: no bucks post# 67669

Thursday, 06/22/2017 5:01:03 PM

Thursday, June 22, 2017 5:01:03 PM

Post# of 114698
to finish w/positive not: 40 million shares of restricted common stock have been returned to the Company's transfer agent and cancelled effective June 19, 2017 http://www.otcmarkets.com/stock/COHO/profile

The beneficial owners’ names and addresses have changed as a result of change in control and business on Oct 31, 2016

and imo this is the start, and it confirms that The Company is working with the previous restricted shareholders and transfer agent to retire
the majority of these shares.JMHO

and

It is also agreed that Crednology's two current subsidiaries, CreditDNA, Inc. and ScoreNavigator, Inc. will be sold to Rusty Breeze for $160,000 the amount due him for outstanding salaries. This transaction closed on October 17, 2016.




Oct 31, 2016
OTC Disclosure & News Service

-

Crednology Holding, Corp. Grows Through Acquisition

Documents Signed to Purchase Two Cloud Computing Companies

NORTHRIDGE, CA--(Marketwired - Oct 31, 2016) - Crednology Holding, Corp. (OTC PINK: COHO) ("Crednology") is pleased to announce the acquisition of two cloud computing companies on October 14, 2016

Crednology is issuing one class C preferential share to 4Service Cloud Tech AG ("4Service") in full payment for 100% of the stock of its subsidiaries Riteman, Inc. a California Company and Landmark PMG LLC dba 4Service and ITatOnce. The class C preferential share will have the ability to convert to 90% of the outstanding common stock of Crednology and will carry a 90% voting right until conversion.

4Service Cloud Tech AG will assume responsibility for some debt of Crednology including funds due to the former CEO Rusty Breeze, amounts due to the State of Delaware and Crednology's accountants.

The current board of Directors has resigned and a new Board will be appointed. Orie Rechtman -- current CEO of 4Service will serve as the CEO and Secretary of Crednology and further Board members will be appointed shortly.

It is also agreed that Crednology's two current subsidiaries, CreditDNA, Inc. and ScoreNavigator, Inc. will be sold to Rusty Breeze for $160,000 the amount due him for outstanding salaries. This transaction closed on October 17, 2016.

The Company plans to retain its current symbol COHO and will expand it's cloud computing base of business as well as look for opportunities to acquire companies in related fields such as business data storage, mobile and corporate cyber security and Electronics recycling.

Crednology plans to update the web site shortly with more information about its new businesses.

Join the InvestorsHub Community

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.