Reliance Global Group Inc (RELI)

[BullMarket34]

I believe they said by Q3. This is still much earlier than your IMO message:

Per the PR you posted, they announced the LAUNCH of the beta website in Ohio. That Press Release was published on 02/21/2021. Today is August 10, 2021, and the website is still in it's Beta phase and is still only available in Ohio. So it took them approximately 6 months from when they accounted the launch of the beta site in Ohio to actually be available.

Type any zip code in outside of Ohio into the website and this is what you get: "Unfortunately, your area is not yet covered.
Currently, 5 Minute Insure Beta is only available in Ohio."


So I would hardly say this is much earlier than my "IMO message."

That message clearly stated that it would take a very long time for this website to produce any value fort shareholders. It will take an immense amount of money to market the website and actually gain traction in the market - not to mention all of the competition.

But congrats on the beta launch. I said the website looks nice, why not leave it at that?

I hope they are able to find shareholder-friendly financing to allow them to market it to the masses. Let's not begin celebrating yet though.


Reliance Global Group, Inc. (Nasdaq: RELI), a company engaged in the acquisition and management of insurance agencies in the United States, today announced the beta launch of its 5MinuteInsure.com platform as the next step in expanding the Company’s operations with the goal of establishing a national footprint...

Initially, the beta launch will be limited to Ohio, beginning with automotive insurance. However, the Company is in the process of opening the platform to home insurance as well, with a goal to expand in the ensuing months as practical and regulatory considerations permit."