Game-changer?
What do you mean? Do you mean that suddenly the issuer will realize that shareholders have been totally misrepresented too and then the issuer will perform? Or do you mean that the issuer will actually carry out its Intents and do what it’s Letters of Intents promise? Or do you mean that a blind squirrel will find a nut in the forest? In a broad sense all of this issuers good luck and fortune is already behind us. The issuer had the attention of many shareholders and potential investors but so far has failed to produce results that mean anything.
One could very easily draw a conclusion that the executives involved do not really understand how to execute on a business plan. All of the hype surrounding $RELI has to date been exactly that - hype.
The issuer’s chosen path is littered with stronger competition that knows how to make money without public domain. The competition that is public is incomparable as far as being as similar to $RELI as a KIA is to an Aston Martin!
There is an old market adage that speaks of ‘historical data and action is a good indication of the future but is certainly not a guarantee’. As you are fond of posting - ‘he who laughs last laughs longest’ ..
As of this morning I own 26,000 shares of this common stock. All of it will be sold today as I do not believe this issuer has any idea how to actually run a business.
I believe this issuer’s true intent was to raise money from investors, pull off a secondary offering and continually pump out press releases in the form of letters of intent that have little reality and possibly no authenticity.
Shareholders deserve better treatment don’t you think? Happy travels
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