Reliance Global Group Inc (RELI)

[QaB2i]

$RELI cannot obtain any new equity financing on the OTC other than on the most horrific toxic discounted debenture terms, and $RELI can’t access those bastards while its not SEC fully reporting.

I had originally been led to believe that the CEO was a billionaire and was privately funding all the acquisitions to be transferred to the public company from the private LLC. The LLC could take preferred shares in consideration and that wouldn’t mess up the already over weight float. The issued and outstanding wouldn’t move as the preferred would be locked up to insiders. The existing mortgages were never going to work to release the loans while $RELI was non-reporting, and they certainly weren’t going to play ball with PinkSheet OTC equity.

They’re not in a pickle, they are fcuked