These are my closing thoughts for the year 2020 and my expectations for 2021.
I have mentioned in a previous post that until $RELI becomes "Effective" with the SEC they are unable to PR any news. Yes, I know some here think that the "quiet period" is just something I am making up, but if you do some DD you will see that in fact that is so. Once the SEC deems $RELI "effect " they will have lots of updates to share with their investors, including an uplist to NASDAQ. Upon becoming a NASDAQ company, it will be a whole new ballgame for them and for us, with lots of new eyes and new investors looking to invest/buy into the company.
I am excited about where the company is heading in general and especially with the big insurance company they signed and LOI with as I am sure both parties are doing their best to get things done as soon as possible. I am also pretty sure that $RELI will keep pursuing more opportunities in purchasing more insurance companies and making $RELI one of the top companies to invest in.
Many OTC companies do a r/s by diluting the stock out of fear of getting delisted. It's a death spiral. In the case of $RELI there is no dilution. $RELI's future belongs in the NASDAQ, based on their fundamentals I believe soon enough they will emerge from their penny stock status and enter the big world of NASDAQ , where they belong.
Yesterday's filing of the S1/A is a very positive step. It shows that $RELI is moving toward the goals they announced both as far as NASDAQ and future acquisitions.
I think it is time to let go of past mistakes. The beautiful journey of today and the future can only begin when we learn to let go of yesterday.
Wishing all a Happy healthy and PROSPEROUS new year 2021.
