Replies to post #113549 on Crednology Holding Corp fka COHO

[lucky, mydog]

you have to know that that is complete and total bullshit. the sec has less than zero to do with caveat emptor. that is strictly an otcmarkets (a non regulator) designation. this guy is a con man or a moron. probably both.

[lucky, mydog]

somebody should also tell this moron that they are on the grey sheets due to finra, not the sec.

[Don]

had we had this information in 2016 we would not have entered into a transaction with former COHO management.

Oreo, You can't blame FINRA for your poor due diligence when you bought the shell from the former company. The rules have not changed in forever. No one is supposed to "tell you".

[tutankhamuns]

Expensive, but certainly not impossible...unless it’s a scam.

the company will have to produce 10 years of audited financials which is impossible

$COHO

[Number1Nimrod]

All BS. Orie has no clue because if he did we wouldn't be in this position.

[sam1933]

thanks morg.

From Orie....asked him to twitter or give me something to post about developments...he gave me something to post:

Attention COHO shareholders. As you all know the SEC – upon receiving the 8K notice from the new management of COHO on July 8th, immediately declared Caveat Emptor and took the position that in order to remove this designation the company will have to produce 10 years of audited financials which is impossible to achieve and had we had this information in 2016 we would not have entered into a transaction with former COHO management. SEC had the opportunity to inform management within reasonable time of the form 15 filed in 2010 but never did until now.

Our lawyers are making attempts to find a different solution one of them is the possibility of us providing a 2 years audited financials of COHO past 2 years. I have already started making all preparations for such event. We will continue to work with the SEC to restore trading while looking at all alternatives available. This action by SEC affects current shareholders and is extremely frustrating for all especially when we are told that any response from SEC today can take weeks however the Caveat Emptor took one day.

I will continue to communicate with Shareholders on any new developments as they happen.

Also asked him if the deal was still on when this get's cleared...his answer:

"Yes that is the plan but it might weeks though before we know anything from the Sec, but I am determine to do all I can to make it work for all."