Reliability Inc (RLBY)

[JimmyTwoTimes]

Finally got a response from the company:
Thank you for your interest and support of Reliability (RLBY).

RLBY management is pleased with the outcome/results of the arbitration case. The company intends to issue a press release which will address and include an update regarding the legal matters & arbitration results, however, a date for the press release has not yet been determined as we are currently exploring all options and next step(s); specifically the appointment of a Rehabilitative Receiver to collect the fraud and contract damages due to Reliability.

We must first determine how much can be collected from the individuals and their entities before providing an update. We feel it would be disingenuous to issue a press release without having a Receiver appointed and knowing the true dollar amounts that can be collected and/or options that can be discussed and negotiated in the event the individuals and their entities can not afford to pay the fraud and contract damages in full. At this time we do not have a date, but management has always been fully transparent through press releases and/or S.E.C. 8K filings, and will continue to do so..... in simple terms, as soon as we have information we will let investors know.

I am pleased to say in addition to RLBY management's enthusiasm regarding the arbitrator's decision, they continue to focus on growing the business and remain steadfast in their commitment to the company and its shareholders.