Reliance Global Group Inc (RELI)

[shanak10]

From the form 10

Long term, we seek to conduct all transactions and acquisitions through our direct operations. However, in some instances, Reliance Global Holdings could act as a place holder to facilitate the acquisition process, with those properties later transferred to us. In addition, we and Reliance Holdings plan to conduct future transactions in order to transfer additional assets to us, with the final goal of transferring most of the desirable properties, excluding assets that Reliance Holdings owns via joint venture or with third parties.