Reliant Financial Service Corp. (RFNS)

[2-edged-sword]

My question is why delist if you have 10 million coming. I am tempted to buy back in and sell for potential short term spikes but this delisting decision is not making sense at all. I understand about saving money in terms of SEC reporting, but you stand to lose a bunch of money if you reduce your company exposure and you make it hard for people to buy or sell your stock. If they honestly feel like they can kick start things with the 10 million...it would be wise to stay with the OTCBB.
Either way Reliant is going to have to sell of some serious pools of mortgages to not only pay off the significant debt they have thus far accumlated, but also their additional 10 million on its way. If they can't get things signficantly going within the next 6 months this company will dissolve.