![](https://investorshub.advfn.com/uicon/354217.png?cb=1604609824)
Friday, February 05, 2021 9:56:43 PM
https://www.sec.gov/Archives/edgar/data/1812727/000149315221001946/forms-1a.htm
Second of all, we've known about a Reverse Split for MONTHS. For anyone paying attention, this has been discussed ad nauseam in this message board.
Third of all, this isn't your typical RS. This is an RS to uplist to NASDAQ. It's means to an end. Most people in the OTC are used to Reverse Splits caused by death spiral financing, and, with reason, those are very negative. This situation is different because reaching a higher exchange will give the company many more opportunities as well as institutional investors who will now be able to buy the stock. I also suspect (and this is completely my own speculation) that when company is NASDAQ listed, that rolling of Real Estate properties into the stock will now be possible. The RE is a cherry on top at this point because the main attractiveness of the investment is the massive insurance company that Ezra is creating.
Fourth of all, the RS ratio will continue improving the higher in PPS we go. Consider that today, only 3% of float was traded, and we went up almost +100% in a single day. Those of us that have plenty of experience with technical analysis KNOW that this move was just the beginning. Next week we will continue pushing up because the momentum at this point is unstoppable.
Fifth of all, if today's price action does not prove how important SHAREHOLDERS and NEW INVESTORS are in the success of this company, then I don't know what does. Longs have been through hell and back in the last year or so. Some of them have stuck with Ezra even though he has not really delivered on his promises. But they held strong, and as was evident by this board today, came back to rejoice at the sight of progress finally being made. And this happiness is very contagious. New investors will keep piling in here because this is very close to a very big catalyst. A lot more buying volume is expected and, again, the higher the PPS goes, the lesser the impact of RS.
My expertise is on technical analysis. And it is our estimation that the stock could easily hit $0.50 next week. Which would make RS ratio only 1/10 to 1/15 (depending on exact price action of course) and it would be MUCH LESS than the 1/85 that the lower prices required.
My recommendation to anyone reading this is: load the **** out of this stock. These prices are still very cheap for what's coming here.
All IMO.
Good luck.
$RELI
Tempus fugit.
Recent RELI News
- Reliance Global Group Reports First Quarter 2024 Results and Provides Business Update • GlobeNewswire Inc. • 05/20/2024 08:05:00 PM
- Reliance Global Group Schedules First Quarter 2024 Financial Results and Business Update Conference Call • GlobeNewswire Inc. • 05/16/2024 12:00:00 PM
- Reliance Global Group Announces Game-Changing Acquisition of Spetner Associates; Projected to Double Company’s Revenue • GlobeNewswire Inc. • 05/15/2024 12:30:00 PM
- New to The Street TV Announces its Next Two Shows Broadcastings with Five Business Guest Interviews, Episode 566 Airs on Bloomberg TV as A Sponsored Programming Tonight, Thursday, April 4, 2024, at 9:30 PM PT, and Episode 567 Airs on The FOX Business Netwo • GlobeNewswire Inc. • 04/04/2024 01:30:00 PM
- Reliance Global Group’s Revenue Grows by 17% and 40% in 2023 Compared to 2022 and 2021, respectively • GlobeNewswire Inc. • 04/04/2024 12:00:00 PM
- Reliance Global Group Schedules Fourth Quarter 2023 Financial Results and Business Update Conference Call • GlobeNewswire Inc. • 04/03/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/31/2024 01:30:41 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 01/30/2024 09:10:35 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 01/30/2024 09:05:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/30/2024 01:30:14 PM
- RELI Exchange Launches the Client Referral Portal into its Proprietary InsurTech Platform • GlobeNewswire Inc. • 01/30/2024 01:30:00 PM
- New to The Street Airs on the FOX Business Network, Episode 550, Featuring Six Corporate Interviews, Broadcast Monday, January 22, 2024, at 10:30 PM PT • GlobeNewswire Inc. • 01/19/2024 02:30:00 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 01/18/2024 09:41:56 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2024 09:05:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/11/2024 07:54:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/10/2024 11:06:07 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 01/10/2024 11:05:14 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/05/2024 04:24:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 06:14:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 06:11:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2023 01:30:41 PM
- Reliance Global Group Provides Year-End Update on RELI Exchange • GlobeNewswire Inc. • 12/19/2023 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/14/2023 08:26:20 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 12/14/2023 01:00:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 01:14:51 PM
FEATURED Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • Jun 14, 2024 2:07 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM