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Re: Seeking Pennies post# 7615

Wednesday, 04/05/2023 1:09:19 PM

Wednesday, April 05, 2023 1:09:19 PM

Post# of 7791
Reliability and its management team have nothing to do with the wheels of justice. They don't control the speed or lack there of when it comes to a court case progression. There is still a lot of stuff that needs to be addressed with Reliability and those shareholders that own 84% of RLBY.

I agree, it would be meaningless for management to speak about Vivos matter since there is absolutely nothing to say. Management can not predict timeframes and final determinations.

And RLBY management can not just cancel share ownership of those 84% owners - it is a long, tedious process that requires motions, lawsuits, judges determinations and then potential appeals.

I would say one thing that RLBY can do is buy out those 84% owners.
Offer them a nominal amount for the shares and have the shares returned to treasury.

I don't know what a fair offer with a discount would be, but I am sure there has to be some middle ground.

I also think Reliability should be more aggressive in its public relations and investor relations. A PR campaign can get some new eye balls on the company stock and a IR campaign can bring in some larger investors that may want to buy out the 84% owners through a private stock transaction.

It's worth a try if nothing else is working and everything else is taking too much time.
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