Reliance Global Group Inc (RELI)

[held2long]

Very interesting. The document is from two years ago, but the properties mentioned are seemingly the same 19 properties that they announced an LOI to bring into RELI. They match the 19 properties in Group A. According to this document after the acquisition of 49% - Melohn will own 42.6 % and Beyman 8.4%. I would think that means he currently owns about 17% of those properties. No mention of buying any other related properties. I would think if there were other properties they would have been mentioned in that filing. Just mentions targeting strategically located properties (Which they have done - as they have announced other LOI on 2019 to buy properties).