Relm Holdings Inc (RELM)

[marketschmarket]

Prediction... And yes I am very good at predicting things.
We will receive a PR in the very near future saying.
RELM is in the process of merging with First Independent Financial Group. This meger will bring us a new CEO named Gwendolyn Johnson: Bio - She retired from nine years as Senior Vice President of the GMAC Residential Corporation, where she facilitated the origination and sale of $1 billion in CRA loans and headed up the national affordable housing program. Previously, she served for 13 years as Vice President of the Federal Home Loan Bank of Cincinnati where she created its first Community Investment Fund Program. She spent four years at the Federal Home Loan Mortgage Corporation as Director of Affordable Housing Investments. Ms. Johnson received her BA and MA degrees from the University of Cincinnati and a Graduate Key in Savings and Loan Management from Indiana University.

The company Management will be run by Lawrence Braddock, bio: Mr. Braddock oversees the underwriting and risk management of the Trust Assets. Currently he also oversees underwriting for Indepedent Capital Credit Corporation. He has spent the last 10 years in financial services, during which time he has served as Business Analyst and Assistant Controller for the Merl Financial Group, Inc., CRA Modeler and Project Analyst for GMAC Mortgage, Series 7, 66, and Life, Accident and Health Insurance, Licensed Private Client Financial Consultant for Merrill Lynch and Independent Consultant to Mass Mutual Insurance Company. Mr. Braddock received his BA Degree in Banking and Finance with a Minor in English from Morehouse College in Atlanta, GA. (1993)


This is only a prediction but my money sits here in RELM waiting for the announcement. Best of luck all!