Replies to post #39312 on Reliance Global Group Inc (RELI)

[LaFortuna]

My friend, and I will publicly say you are my friend through this board.......

I would highly suggest you compare my speculations that have not materized to the NUMEROUS RELI's LOI's / press releases that have not materized.

RELI would be ahead by 2 to 1 at least!

Long Live My 49% loss because it's going UP about 2% per week.

[QaB2i]

As far as i can recall, just a few posts back you had made the same speculation that 100% of Beymans preferred shares had been converted to restricted common shares. Fortunately, I can do Math, read 10k’s, walk and chew gum all at the same time.

It appears Chappy Beyman probably converted 500,000 preferred shares with a conversion ratio of 10:1. Therefore an additional 5,000,000 are issued and outstanding. It’s an old trick to keep the market at a healthy looking number. As the stock price declines more I expect Beyman will convert more preferred to restricted common to bolster a declining market cap.

As for my good friends other speculations regarding delisting, toxic notes doing the broken toilet dance, a lack of any progress based on previously advertised press releases... How’s the beta test going? Any policies getting issued? Any more states getting beta tested? Auto only? Any Flood or Pet insurance? Any sign of a closed YE 2020 acquisition or are the 2020 YE audits holding everything up? How’s the REIT?
How’s the billionaire led board? Where’s the binding Real Estate transfer of 19 multi family properties as per Beymans last Conference Call?

I really wonder what $price is Ezra’s sweet spot this season? $3’s ... then $2’s then....

IS THIS A GOOD INVESTMENT?