Reliance Global Group Inc (RELI)

[shanak10]

That's part of the problem. All those insurance deals have closed, and look where we are....Nowhere Is this latest deal that much bigger than all of those put together? We have no way of really knowing

Seems like everything is a problem. I tried pointing out that in the insurance side they closed their LOI's.
As to your question if this latest deal is much bigger than etc etc.... Here is part of that PR.

We are excited to announce this planned acquisition, which we believe will be a true game changer for our business. Specifically, the target agency reports over 145 affiliated offices in approximately 40 states nationwide. In addition, they have established relationships with over 120 well-known local and national carriers. The target agency has experienced steady organic growth and is generating over $150 million in recurring annual premiums. In addition, the audited financials for the company reflect over $2.5 million in net income in 2019, and we anticipate the transaction will be immediately accretive to our earnings. Moreover, the combination of this target acquisition with the cash flow of our existing portfolio, should ensure very strong, positive cash flow of the combined entities going forward.”

We will find out when they are ready and able to tell us.