Crednology Holding Corp fka COHO

[Penny Profit Pro]

>>>>>>>>ATTORNEY AT LAW


John T. Root, Jr.
ATTORNEY AT LAW
P.O. Box 701
Greenbrier, Arkansas 72058
Phone: [phone]
Fax: [phone]
John T. Root, Jr. [e-mail]
April 25, 2019
OTC Markets Group, Inc.
304 Hudson Street
2
nd Floor
New York, New York 10013
Re: Crednology Holding Corp. (COHO)
Attorney Letter with respect to the Adequacy of Current Information for
the Year Ended December 31, 2018
Ladies and Gentlemen:
My office has been engaged by Crednology Holding Corp. (the “Company”) to be its
special securities counsel. My services include reviewing disclosure information, including the
Financial Statements, interfacing with the Chief Accounting Officer and independent
accountants, if any. I have examined such corporate records and other documents and have
asked such questions of law as I have considered necessary or appropriate for the purpose of
writing this letter. I have relied on publicly available information from the Secretary of State of
the State of Delaware and information obtained from the Company’s officers, consultants and
directors. I have also reviewed documents published at www.OTCMarkets.com and publicly
available in connection with the preparation of this letter:
I specifically state the following:
1. OTC Markets Group, Inc. is entitled to rely on this letter in determining whether the Issuer
has made current information publicly available within the meaning of Rule 144(c)(2) of the
Securities Act of 1933.
2. I am a United States resident and have been retained by the Issuer for the purpose of
rendering this letter and other matters; specifically, I am an attorney acting as Special Counsel to
Crednology Holding Corp. a Delaware corporation (COHO). I have ever been an officer, nor on
the Board of Directors of the Issuer, and I do not own any stock currently, nor do I have any
agreement to acquire such in the future, directly or beneficially.
3. I have examined such corporate records and other documents and such questions of law
as I considered necessary or appropriate under the circumstances for the purpose of rendering
this letter.
4. I am authorized to practice law in the state of Arkansas. This letter applies to laws of the
State of Arkansas and the United States of America and to all jurisdictions therein. This letter
does not rely on the work of other counsel.
Letter to OTC Markets Group, Inc.
April 25, 2019
Page 2
5. I am permitted to practice before the United States Securities and Exchange Commission
(the “SEC”) and have not been prohibited from practicing thereunder.
6. Counsel is not currently, nor has counsel been suspended or barred from practicing in any
state or jurisdiction within the last five years, nor has counsel been charged in a civil or criminal
case.
7. As to matters of fact, I have relied on information obtained from public officials, officers
of the Issuer and other sources and all such sources I believed to be reliable, and upon which I
did rely. In my examination, I have assumed the genuineness of all signatures on all documents,
the legal capacity of all natural persons, the authenticity of all documents submitted to me as
originals, the conformity to original documents of all documents submitted to me as photostatic
copies, and authenticity of the originals of such latter documents.
8. I have reviewed the following reports for the preparation of this opinion letter:
FILINGS AND DISCLOSURE
OTC Disclosure & News
PUBLISH DATE TITLE PERIOD END
DATE
04/09/2019 Supplemental Information - Issuer Information and Disclosure
Statement
12/31/2018
04/09/2019 Annual Report - Annual Report for the Year ended December 31,
2018
12/31/2018
03/29/2019 Notification of Late Filing - Notification of Late Filing 12/31/2018
11/07/2018 Supplemental Information - Supplemental Information and
Disclosure Statement
09/30/2018
11/07/2018 Quarterly Report - Financial Statements for the nine months
ended September 30, 2018
09/30/2018
08/09/2018 Supplemental Information - Supplemental Information and
disclosure Statement
06/30/2018
08/09/2018 Semi-Annual Report - Financial Statements for the six months
ended June 30, 2018
06/30/2018
05/15/2018 Supplemental Information - Issuer Information and Disclosure
Statement dated May 15, 2018
03/31/2018
05/15/2018 Quarterly Report - Quarterly Report for the three months ended
3.31.18
03/31/2018
04/30/2018 Attorney Letter with Respect to Current Informa
Letter to OTC Markets Group, Inc.
April 25, 2019
Page 3
Statement dated March 30, 2018
03/30/2018 Annual Report - Consolidated Financial Statements for the Year
ended December 31, 2017
12/31/2017
• And such other information that I considered necessary under the specific circumstances.
After considering the information presented to me, it is my opinion that said documents are
accurate, up-to-date and contain the most current information available on Crednology Holding
Corp., all as published, or re-published, on the OTC Markets Group website, or other sites. The
Management advised me that Delaware Secretary of State’s website shows CorpTech Holding,
Inc. as the corporate name, as a name change has been made on the Delaware Secretary of
State’s records, but FINRA has not approved, so this name is not used.
9. The information referred to above (i) constitutes “adequate current public information”
concerning the Securities and the Issuer and “is available” within the meaning of Rule 144(c)(2)
under the Securities Act of 1933, (ii) includes all of the information that a broker-dealer would
be required to obtain from the issuer to publish a quotation for the Securities under Rule 15c2-
11 under the Securities Exchange Act of 1934 (the “Exchange Act”), (iii) complies as to form with
the OTC Markets Group’s Pink Basic Disclosure Guidelines for Providing Adequate Current
Information, which are located on the Internet at www.otcmarkets.com, and (iv) has been posted
through the OTC Disclosure and News Service.
10. The person responsible for preparation of the Company’s financial statements for all
periods is Mr. Tony Anish. Mr. Anish has significant and relevant experience and is qualified to
prepare such reports. He was a Chartered Accountant in England and has an extensive financial
background. He was trained in England as an accountant working five years with a firm of
Chartered Accountants. He became a Chartered Accountant in 1971 and started his own firm of
Chartered Accountants in 1973. He sold the firm in 1978 and in 1979 came to America in 1979.
He has worked with a number of public companies both in England and in the US. All financial
statements and disclosures were prepared under the supervision of Mr. Rechtman, the CEO and
Secretary of the Company, who has become intimately involved in the business of Crednology
Holding Corp.
Letter to OTC Markets Group, Inc.
April 25, 2019
Page 4
11. The Issuer’s transfer agent is Transfer Online, Inc. and is registered with the SEC as
confirmed by checking the SEC's EDGAR system. The contact information for the transfer agent
is:
Transfer Online, Inc.
512 SE Salmon ST
Portland, OR 97214
Phone: [phone]
The method used to confirm the number of outstanding shares of common stock set forth in the
Information Statement was to contact a member of management and receive written
confirmation as to the number of outstanding shares.
12. I have (i) met face to face via videoconference with all of management, consisting of Orie
Rechtman, Chief Executive Officer, Secretary, and Director of the Company, and also with Tony
Anish, Financial Consultant, and each director, consisting solely of Orie Rechtman, (ii) reviewed
the Information, published by the Issuer through OTC Disclosure and News Service and (iii)
discussed pertinent information with its management and directors. The Financial Statements
are unaudited.
The Company is not a reporting issuer pursuant to the Securities Exchange Act of 1934 (the
“Exchange Act”) and, therefore, does not file periodic reports with the SEC.
13. To the best of my knowledge, after inquiry of management and the directors, neither the
Issuer of the Securities, any 5% shareholder, nor counsel is currently under investigation by any
federal or state regulatory authority for any violation of federal or state securities laws.
14. No person other than OTC Markets Group is entitled to rely on this letter, or the contents
thereof, but OTC Markets Group is granted full and complete permission and rights to publish
this Letter the OTC Disclosure & News Service for public viewing.
15. Based on my review of filings, and information supplied to me by management of the
Issuer, the Issuer, nor any of it’s predecessors, is or ever was a “shell company” as defined in
Rules 405 of the Securities Act of 1933 and 12b-2 of the Exchange Act of 1934. I have been
informed, and my research has confirmed that there has never been a period of time when there
was not material activity, and the Issuer is not considered a shell.
On behalf of the Issuer, I appreciate your assistance. Please feel free to contact the undersigned
should you have any comments or questions in regard to the information or any of the matters
addressed herein.
Sincerely,
John T. Root, Jr