Reliance Global Group Inc (RELI)

[QaB2i]

Who shall we charge and throw in handcuffs? Our choices are few. Shall we wait a little longer and see if a prediction of a national brokerage LOI turns into macaroni and cheese? Or shall we throw a butterfly net over NDA holders who led the lemmings off the cliff with false hopes of a corrected reverse split ratio? And that’s assuming the NDA holders colluded with management to manipulate the stock. The evidence points to the negative. Management evidently are ‘mad as hell’ that their NDA holder put the rumor out there that a revised reverse split was on the table.

If we are patient we may find corporate actions in press releases once again will be their unbuckling offenses. When added to prior history of similar actions, and with sufficient complaint volume possibly the sleeping SEC may become interested.

It’s more likely that shareholders will vote no confidence and sell this back down to OTC in time.