The CEO just paid $65K of his own money for a company he expects will add $60-70K in annual Profits to COHO. He loaned COHO $65K in return for cash installments at a 10% APR for 18 months. Those are banking terms. No dilution!! This is unbelievably fantastic news!!
In the PR “Crednology Holding Corp. Announces Closing date for Acquisition”, the CEO said...
- COHO has ZERO convertible debt on the books per the filings. i.e. No dilution.
- COHO is Generating Revenue
- COHO is Profitable
- COHO issued a Letter of Intent (LOI) to acquire and IT company then actually followed through and acquired said company (see point below)
- COHO recently aquired Evolve Partners Inc financed via direct loan from the CEO to the company. Shareholders-friendly loan terms: Installment loan, 18 months, cash payments, 10% APR. Non-convertible!!
- COHO releases real news, no fluff.
- COHO says he wants to build shareholder value the follows those words with clear actions that demonstrate just that.
- COHO is Not hiding its share structure (the TA updates the SS on the OTC site at least twice per month)