Crednology Holding Corp fka COHO

[sam1933]

This action became necessary to insure that the number of shareholders was reduced from 554 to less than 500 per a request from the SEC who stated it was necessary before they could approve the Reg A filing.

Orie continued:
“It is essential that this funding is approved as it gives us the ability to finalize terms on at least one of the acquisition opportunities we are currently reviewing.

Our best prospect is in the technology sector, with a vertical solution in Cloud Accounting for midsize firms, has annual revenues in excess of $7 million, EBITDA over $1.0 million, with organic growth prospects of over 20% annually based on its current performance. Keep watching as the Reg A approval will empower us to drive Revenues, EBITDA and as a result Shareholder Value.”