Reliance Global Group Inc (RELI)

[LaFortuna]

The country is 19 Trillion in debt, China is quietly buying our bridges and tunnels and over 6 Trillion in Treasury bonds. That information, all verifiable is from 2020.

With a real estate and stock market bubble about to burst, the ability to fund a public or for that matter a private company will be virtually impossible.

If you take a few minutes to review RELI you will see that a working capital deficiency of approximately $6,074,000.

So if my speculation is correct, the ability for the company to dig itself out of this increasing debt will be difficult and subject the stock holders and the company to fund via TOXIC DEBENTURES(notes)!

Dilution, Dilution, and more dilution until the company maxs out its 2 Billion in AS (Authorized Shares).

So all I see in 2021 is doom and gloom for longs and the market in general!