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$Reliance Global Group (RELI.US)$ where'd all the pumpers go?
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  • Darius Matthews : They want penny stocks

  • EZ_money Darius Matthews : this company is still negative cash flow...more dilution coming

  • Darius Matthews EZ_money : I doubt it. Their revenue will double by next quarter with the Spetner Acquisition. Also in the latest filing Ezra mentioned they’re launching their Real Estate division for that very reason, so that the cash flow from Real estate and the intrinsic value of those assets will bring in non dilutive capital sources. These guys are smart. They’re doing it right. Besides, there’s a reason Warren Buffet loves insurance investments. These guys know why and they’re using the same strategy that made Berkshire Hathaway what it is today.

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