InvestorsHub Logo
Followers 117
Posts 4523
Boards Moderated 0
Alias Born 05/03/2012

Re: BullMarket34 post# 33858

Tuesday, 10/06/2020 2:39:55 PM

Tuesday, October 06, 2020 2:39:55 PM

Post# of 44215
Bull,
If you look back to 2018, the plan was to move the massive RE assets from the privately held company to RELI.

But due to lending and partner issues, this never took place and wasn't ever clearly explained.

Now we have all our eggs in ONE basket (Insurance) and that appears to be NSURE.
NSURE could be taken out tomorrow by a much larger company than RELI.

Then we have the PR on the 9/23....Reliance Global Group, Inc. (OTCQB: RELI) ("RELI" or the "Company"), today announced that it has acquired the assets of UIS Agency, LLC (UIS), a premier regional insurance agency serving the commercial transportation industry.

As a very large Shareholder, I would like to know how that acquisition was funded???

The company can't issue an 8K, detailing the funding of the acquisition because of the Form 10 fiasco, which by the way I would like to know what the status of that is???

So a whole lot of HOLES need to be filled!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent RELI News