Reliance Global Group Inc (RELI)

[QaB2i]

I do enjoy reading this bulletin board. I really wish you guys the best of luck but candidly you’ll need a miracle to make money if you are still long $RELi. I’m totally short selling so many blocs of stock on behalf of owners trying to hedge their downside that it’s hard to believe their is any upside. Yes, even if Beyman is a billionaire (which we all know now is total crap) and even if they bag some national brokerage acquisition it won’t make any difference to shareholders who are going to get totally destroyed in a reverse split that might be as large a ratio aa 150+ :1!
Without issuing more stock $RELI won’t qualify for any uplist, it’s a catch 22, the more they issue the bigger the reverse split ratio can be.

There are 2 insurance LOI’s that didn’t close. Both were with agencies that I know personally. Both would never resolve to sell their businesses to $RELI. There simply in no upside.

S10 has run out of promotion juice and anything that resembles credibility.
It’s time to hang up the phone on S10.