This page provides access to Reliability Incorporated (RLBY) SEC filings, including Form 8-K reports that describe material legal and corporate events. As a workforce and talent solutions company with a media-focused subsidiary, The Maslow Media Group, Reliability uses its filings to document significant arbitration outcomes, governance measures, and other developments relevant to shareholders.
One of the key topics in recent filings is the arbitration matter involving Vivos Group, Inc. Reliability has reported on arbitration awards, related court judgments, and the role of a rehabilitative receiver appointed to collect amounts owed to the company and its subsidiary. A Form 8-K details an Arbitrator’s Opinion and Supplemental Award that affirms the receiver’s proposed conclusions, imposes a constructive trust over certain shares, and directs the transfer of specified shares of Reliability’s common stock back to the company.
These filings explain how the Supplemental Award authorizes Reliability to pursue recoupment and collection actions, including judicial proceedings, and confirms that the company may proceed independently of the receiver in enforcing and collecting outstanding award balances. They also outline restrictions on the transfer and voting of certain shares, and the company’s intention to seek court confirmation of the Supplemental Award.
Through this page, users can review Reliability’s historical and ongoing SEC disclosures, such as 8-K current reports and other applicable forms, to understand how arbitration rulings, enforcement steps, and governance decisions affect the company’s capital structure and shareholder rights. AI-powered tools on the platform can help summarize lengthy filings, highlight key legal and corporate provisions, and make complex arbitration and enforcement language more accessible to investors analyzing RLBY’s regulatory record.
Reliability Inc.’s CEO Nick Tsahalis filed a Schedule 13D reporting beneficial ownership of 3,276,052 shares of common stock, representing about 7.01% of the company’s outstanding shares. He holds sole voting and dispositive power over these shares and no shared control is reported.
The stake was acquired through equity transfers from prior owners of The Maslow Media Group, Inc. tied to transactions preceding Reliability’s reverse merger, and equity received in a convertible note financing, with no borrowed funds used. Tsahalis states he acquired the shares for investment and strategic purposes and may discuss strategic alternatives, but he currently has no specific plans to undertake major corporate actions and may increase or reduce his holdings depending on conditions.
Reliability Inc reports beneficial ownership of 9,275,575 shares (19.86%). The filing states the Reporting Persons beneficially own 9,275,575 shares of Common Stock, representing 19.86% of the class based on 46,707,790 shares outstanding as of April 2, 2026. The filing says the ownership exceeded 5% solely because the issuer reduced outstanding shares after a Settlement Agreement and related consent judgment that transferred 253,292,210 shares from the Vivos Parties to the issuer.
Reliability Inc major shareholder Reid H. Drescher filed an initial Form 3 showing indirect ownership of the company’s common stock. The filing lists blocks of shares held through two Delaware limited liability companies and a Roth IRA where he has sole voting or investment discretion.
One LLC interest reflects 4,495,000 shares of common stock, another LLC interest reflects 4,080,575 shares, and a Roth IRA account reflects 700,000 shares. All of these positions are reported as indirect holdings associated with Drescher as a ten percent owner of Reliability Inc.
Reliability Incorporated’s Chief Financial Officer, Mark Speck, filed a Schedule 13D reporting a significant personal stake in the company. He beneficially owns 3,276,052 shares of common stock, representing about 7.01% of the outstanding shares.
Speck holds sole voting and dispositive power over 3,014,882 shares and shared voting and dispositive power over 261,170 shares through Hawkeye Enterprises, an entity he controls. The stake was accumulated via equity transferred from prior owners of The Maslow Media Group, Inc. around the issuer’s reverse merger and equity received in a convertible note financing, with no borrowed funds used.
The shares are held for investment and strategic purposes. In his officer role, Speck may discuss strategic alternatives with management and the board, including capital raising, potential business combinations, and operational initiatives, and he may increase or reduce his holdings depending on market conditions.
Jeffrey E. Eberwein has disclosed a significant ownership position in Reliability Incorporated common stock. He reports beneficial ownership of 8,853,328 shares, representing 18.95% of the 46,707,790 shares outstanding as of April 2, 2026. Eberwein acquired the shares for an aggregate purchase price of approximately $232,990 and holds sole voting and dispositive power over them.
He describes the investment as an attractive opportunity and indicates he may buy more or sell shares depending on market conditions and price. He may discuss topics such as board composition, capitalization, ownership structure, and operations with the company’s board, management, and other stockholders, though he states he has no current specific plans for the types of transactions listed in Item 4. He reports no share transactions in the past 60 days and notes the filing was prompted by a reduction in the company’s outstanding share count.
RELIABILITY INC insider Jeffrey E. Eberwein has filed an initial ownership report showing a significant indirect stake in the company. The filing lists 8,853,328 shares of Common Stock held indirectly through the Jeffrey E. Eberwein Revocable Trust, indicating beneficial ownership above ten percent.
Reliability Incorporated significantly reduced its common shares outstanding after a consent judgment implementing a prior settlement with the Vivos Parties. Pursuant to the judgment, 253,292,210 shares of common stock were transferred back to the company and are no longer outstanding, effective April 2, 2026. Authorized shares were unchanged, and the returned shares are classified as authorized but unissued rather than treasury stock. As of April 2, 2026, 46,707,790 common shares remain outstanding, materially changing existing shareholders’ ownership percentages and potential reporting obligations. The company also amended and restated its bylaws to update its principal office address.
Reliability Incorporated, through subsidiary Maslow Media Group, reported 2025 revenue of $20,717, down 13.6% from 2024, and a net loss of $664. Lower Employer of Record revenue and the loss of several clients drove the decline, though overall gross margin improved to 14.2% from 13.3% as higher-margin staffing and managed services grew.
The business remains highly concentrated, with the top two customers contributing 58.4% of 2025 revenue and the top five 76.7%. Liquidity depends heavily on receivables-based financing and factoring to fund payroll ahead of collections. The company won arbitration awards totaling about $8,808 against the Vivos Group and recorded a $6,357 receivable as of December 31, 2025. A February 2026 settlement calls for transferring 253,292,210 shares back to Reliability as treasury stock, which may simplify the capital structure once court processes are completed.
Reliability Incorporated entered into a Settlement Agreement and general mutual release with multiple Vivos-related parties to resolve all remaining disputes from prior arbitration and related Maryland court litigation. As part of the settlement, the respondents agreed to transfer 253,292,210 shares of Reliability’s common stock back to the company as a share surrender in satisfaction of previously adjudicated claims.
This transfer, once confirmed by the transfer agent, would reduce the number of shares outstanding by approximately 84%, leaving about 46,707,790 shares outstanding. The parties will then mark all money judgments as satisfied in full and dismiss the arbitration and court case with prejudice, which is expected to conclude all pending disputes among them.
Reliability Incorporated reports receiving an Arbitrator’s Opinion and Supplemental Award in its arbitration matter with Vivos Group, Inc. The Supplemental Award affirms the receiver’s prior findings on how earlier arbitration awards should be administered and enforced, adds clarifications, and gives the company additional directions for recovery.
The award imposes a constructive trust over certain shares of Reliability’s common stock held by third parties and restricts transfers or voting of those shares while court action is pending. It also directs the transfer agent to move a substantial number of specified shares back to the company and authorizes Reliability to pursue recoupment and collection actions, including court proceedings, to satisfy outstanding award balances. Some parts of the award require further judicial proceedings, and Reliability plans to seek a court order confirming the Supplemental Award and to take appropriate steps to enforce its rights.