Replies to post #113058 on Crednology Holding Corp (fka COHO)

[thesmallguy]

Do you have any experience with that?

[tutankhamuns]

COHO isn’t clean enough to be a SPAC. If anything about the recent transaction was legit, the SEC would not have suspended the stock.

Orie’s attempts to convince shareholders that the SEC demanded filings triggered by the change of control is nonsense. A private entity can purchase a clean shell without acquiring another company or directly merging into it. However, it becomes an issue when former management of a delinquent, publicly-traded company sells a control block that wasn’t obtained properly in the first place.

$COHO

[lucky, mydog]

spac schmak.