Forwardly Inc (FORW)

[NOBO]

In a separate agreement the owner of the newly created Preferred Class D shares has agreed to use them to exercise voting rights only, and not convert them to common shares for a period of at least 10 years. This makes the debt conversion completely non-dilutive for at least that period. The agreement will carry forward should ownership of the preferred shares be transferred in the future.

http://www.globenewswire.com/news-release/2018/10/17/1623041/0/en/Guard-Dog-Inc-Eliminates-Liabilities-in-Debt-for-Equity-Swap.html