$COHO(.0006)~Undervalued, Profitable IT Company~DD
Post# of 103017
1) COHO~(Crednology Holding Corp Inc.) is a public holding company. The company operates out of 3 data Centers in Los Angeles, Santa Clara and New Jersey. COHO also has an office in Switzerland to support certain European clients and set the stage to further expansion of services in Europe. The Company is engaged in the cloud computing segment of the technology sector as well as the Electronic Waste and Recycling business.The company primarily operates by entering into long term agreements of collection programs and events withCorporate Entities, Educational Institutions, State and Local municipalities.
> COHO has 4 subsidiary companies
https://credholdingcorp.com
2) First Subsidiary: 4Service Cloud Tech AG is a Swiss company. The company is a business continuity solutions provider that specializes in cloud computing and disaster recovery services. 4Service offer a 3-Tier approach to our disaster recovery strategy and our Private Managed Cloud Computing offering is comprised of only the best-in-class Industry leading equipment. Utilizing the newest desktop and server virtualization technologies, our Cloud Computing solution allows any organization, regardless of size, to gain a world-class infrastructure and dramatically cut its IT costs across the board
http://www.4service.com
3) Second Subsidiary: ITatOnce MSP and Professional Services
The company is a Managed Services Provider specializing in High-End Technical and Professional Services with a focus on Infrastructure Virtualization. ITatOnce offers a full array of IT Solutions and has a proven track record in deploying, implementing, and managing on-premise and cloud virtualised environments.
http://www.itatonce.com/
4) Third Subsidiary: California Recycles Inc Electronic Recycling and Data Destruction Services The company is a state certified E-Waste organization founded in 2003.
http://www.californiarecycles.com/
5) Fourth Subsidiary: Evolve Partners Complete IT Support & Proactive Service
Evolve Partners, Inc. is an end-to-end IT firm that provides technology solutions with a single goal: Enabling you to focus on your business, not IT. Evolve Partners recommends and advises you on which cloud provider is best for your business. Our provider-agnostic paradigm puts you at the top of our priority list. We focus solely on creating the best solution, service provider, and environment for your business.
http://www.evolvepartners.com
6) COHO is generating Revenue and NET PROFITS . It is hard to find in the OTC market profitable business like COHO.
First quarter ended March 31, 2020 :
Revenue: $278,501
Gross Profit: $155,008
NET PROFIT: $31,839
https://backend.otcmarkets.com/otcapi/company...85/content
For Year Ended December 31, 2019:
Revenue: $1,215,853
Gross Profit: $682,755
NET PROFIT: $120,675
For Year Ended December 31, 2018:
Revenue: $1,229,466
Gross Profit: $733,782
NET PROFIT: $138,169
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7) COHO share structure hasn't changed for a long period of time
Authorized Shares
6,000,000,000
Outstanding Shares
2,858,739,274
Restricted
53,743,802
03/10/2020
Unrestricted
2,804,995,472
COHO share structure updates!
Outstanding Shares 2,858,739,274 As of March 31, 2019 https://backend.otcmarkets.com/otcapi/company...utstanding
Outstanding Shares 2,858,739,274 As of December 31, 2019 https://backend.otcmarkets.com/otcapi/company...40/content
Outstanding Shares 2,858,739,274 As of March 10, 2020.
https://www.otcmarkets.com/stock/COHO/security
COHO has an Experienced Management Team in the IT field
CEO Orie Rechtman:
Mr. Rechtman has been a veteran of the computer industry since its inception 1980. He was a founder and leader in establishing the first distribution channel for computer software to K-12 educational institutions in the United States. As President of Home and School Computing Inc. Mr. Rechtman formed a sales and service organization to support over 35,000 schools nationwide.
In 1989 Mr. Rechtman merged the company with Software, Hardware and IT Service Co then a $2 Million in sales organization specializing in sales sales to enterprise clients.
Mr. Rechtman served as the President until 1998 when he was appointed CEO and Chairman of the parent company WareforceOne.com Inc.
Mr. Rechtman was the driving force behind the successful growth of the company which was recognized as one of the top 500 System Integrators (Ranked 176) in the USA with sales approaching $200 Million in the year 2000. The company was also recognized as the 2nd largest company in its sector for a California based company.
His vision and management skills were key elements behind the commitment to both internal-organic growth and external growth through a series of mergers and acquisitions.
After the sale of the company in 2002, Mr. Rechtman continued his strategy of investment in small companies, providing them with management, capital and strategy -
growing with the objective of maximizing return on investment and building value for the shareholders.
Currently Mr. Rechtman is the CEO of 2 organizations he acquired and built 4Service Cloud Tech and IT at Once, providing Cloud Computing and high level Technology Managed Services to the mid-level business segment, schools and municipalities.
Olga Rechtman VP of Marketing
Olga Rechtman serves as head of marketing where her responsibilities are to develop internet marketing, lead generation, organic searches marketing and international ecommerce. Her knowledge in this field is a contributing force to the main marketing channel the 4Service organization is utilizing in promoting its product and services implementing the many important aspects of on-line marketing.
Olga also serves as head of Human Resources for 4Service.
Alfredo Gonzalez Cheif Technology Manager:
Mr. Gonzalez a 20 years technology veteran with extensive knowledge in new emerging technologies concerning Cloud Computing, IT Disaster Recovery and Business continuity. Mr. Gonzalez is serving as the Chief Technology Manager of the organization responsible for corporate vision, identifying trends, analyzing potential acquisition opportunities and forming alliances with Value Added Providers and Vendors.
Jeff Katz Financial Advisor:
Mr. Katz with over 25 years of experience and expertise in managing financial systems for companies in diverse fields. Mr. Katz has also successfully co-founded 3 different companies in the technology industry a distribution of educational software and Internet development primarily geared towards the educational field.[/i]
https://credholdingcorp.com/management
9) From COHO CEO Interview: How COHO helps Clients
Could you please cite case studies on how you have enabled clients to overcome hurdles and attain desired outcomes with your innovative array of solutions?
A: Our client -one of the largest, multiple radio stations organization in California was hit with Ransomware Cyber-attack. This client has chosen to keep their IT infrastructure in-house and hired us to provide them with disaster recovery backup and business continuity services. The perpetrators were able to gain access to our client’s internal systems through a suspicious download one of the users made on her desktop. The demand was for a large payment to be made in bitcoins or they will delete all data and files. Fortunately we provide this client with high availability real-time imaging and backups of their data. Within hours our team was able to reformat all systems and restore all data up to the attack. The client did not have to pay any ransom, the stations continued to operate with no interruptions and back office was restored and was fully operational within hours.
Another case involved a law firm of 300 users located in Thousand Oaks California. In the recent devastating Woolsey fire the law firm had to send all local users home. Since the firm is one of our Cloud Technology client, all users were able to continue normal operations remotely with no data lose or any interruptions whatsoever. Users were able to access all their vertical solutions including communication, correspondence, filing cases and of course billing through our data centers.
https://www.superbcrew.com/investment-company...ogy-field/
10) COHO's High Level Goal is $200 Million in revenues by 2025 and move to NASDAQ
The high level goal we have is to acquire 1-2 companies a year for the next five year in order to be over $200 Million in revenues by 2025. This process will be enhanced once we make the move from the OTC to NASDAQ a move that is predicated on our success in implementing both growth strategies.
https://www.superbcrew.com/investment-company...ogy-field/
11) Some of COHO clients: Loyola Marymount University, City of Beverly Hills , City of Torrance, Los Angeles largest and well known museums, the Largest Municipalities In Los Angeles, Malibu Sheriff's Department, Oak School District,...
https://investorshub.advfn.com/boards/read_ms...=146220670
12) COHO purchased New Cluster of Servers in May 2020. BUSINESS GROWING
In May 2020, The Company purchased a new cluster of servers and network gear to expand the capacity at our data centers in Northern California for our cloud-based computing operations. The total purchase was $78,300, and we obtained a $15,000 credit from our Data hosting Center. We signed a new equipment lease with payments of $1,611.02 for 60 months. Mr. Rechtman, our CEO, personally guaranteed the lease.
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