Wednesday, January 17, 2024 6:07:09 PM
The Doki's probably don't have the money to pay their debt which means its going to be on Reliability balance sheet for an indefinite period of time.
Reliability business is miniscule and that means whether they win, lose, get paid, don't get paid from these law suits will not mean a damn anything.
For the last 12-months, a total of 1,917,004 shares traded.
At 5 cents average during this past year, it means $95,850 worth of RLBY stock traded for an entire year.
There has been no interest in the past, there will be no interest in the future and as for investing in this stock - you make money when someone else buys the stock from you. Who would buy this miniscule revenue generating company, money losing business, that will need to raise capital which means dilution which really means they will bring in some bad and expensive money - who will buy this stock and why.
If you think there will be buying if the Doki's pay - then good for you.
Remember - if they pay.
You can not take money out of a rock.
If Reliability continues on its current path, the employees will continue to get their salaries and everyone inside the company is happy.
Did I mention Reliability revenues have decreased and their cash position is almost to a point of bankruptcy.
Call me a naysayer
Call me a downer
But the truth is what it is
Recent RLBY News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 04:20:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2023 09:30:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/19/2023 08:56:37 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 05:18:54 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM