Reliance Global Group Inc (RELI)

[LaFortuna]

Actually it really isn't hard to believe because most LEGIMATE OTCBB securities that uplist to a major exchange have a PRE-PLANNED PR campaign several months before even applying for their listing.

In our case the (our company) hasn't published anything significant to affect EBITDA and attract the all important Institutional Investor.

So, I will continue my speculation that we no longer meet the listing requirements for Nasdaq later this year and be delisted back to either the OTCBB first then to the Pinks.

Besides being blindsided by the R/S ratio, what is more disheartening is that management kept the AS at 2B.

That indicates to me that the toxic, diluting Debentures will drive the PPS to the sub-dollar area later this year.

The last concerning FACT is that all of our CEO's shares have been converted from RETRICTED to COMMON SHARES! A very large negative for Longs.

A better strategy would be a share buy back, but we'll NEVER SEE THAT!