TAP Real Estate Technologies Inc (RWAX)

[TenKay]

“Value is in the eye of the buyer. I personally would value such a warrant at .03 at this particular date, but would likely be willing to pay as much.05 each.”

And if this was a publicly traded warrant then you might have that opportunity. But it’s not. As I have said repeatedly this is a non-tradeable warrant. “Potential” or “perceived” value is meaningless.

I am discussing actual value, which is all that really matters with a non-tradeable warrant.

And the actual value of a non-tradeable warrant when the pps is below the strike price is ZERO.

As for the “hypothetical”….this stock trading at $0.10 is hardly a “hypothetical with no basis reality”. When the Pref B hit…it will be very real possibility…since the cost basis of the Pref B is $0.00001 per common share.

But hey… the warrant is just as worthless at $0.19 as it is at $0.10…if the “hypothetical” is a concern.