Reliance Global Group Inc (RELI)

[shanak10]

I spoke with Mr. Beyman on the phone and these were how he addressed some of the concerns
1.That is incorrect. They are in the process of building a mega insurance enterprise, one that could be potentially unprecedented in the industry.
2. They are still trying to avoid or mitigate a r/s. They never said "never" but rather said "currently"
3. They have been spending a lot of time and money on Real Estate but the present market makes it very difficult to buy good deals. That is the reason for why those reference deals were not able to close.
4. The 19 properties are from the private company, they are still on the table after they uplist to a higher exchange.
5. Same reply as to #3.
6. A form S1 replaces a form 10. You can't have both. And the S1 is more inclusive.
I did this especially for you. Stay well.