TAP Real Estate Technologies Inc (RWAX)

[OMOLIVES]

Wow...and there you have it . Ixaya officially gone and that was their revenue. The last loan is due in 6 Months and all of their intellectual property is the security for such.

On August 16, 2024, the company issued a Secured Promissory Note in the original principal amount of $253,000. The note bears interest at 6% per annum, contains no original issue discount, is due six months from the issuance date, and is secured by all of Company’s intellectual property assets.

I

n June 2024, the Company decided to terminate the Ixaya SPA effective April 1, 2024 and deconsolidate from the Company, and utilize their support staff in various projects the Company works on. There was no return of shares previously issued to the owner of Ixaya, and the Company returned the shares they owned in Ixaya, and the separation was amicable on both sides. The results of Ixaya are reflected in discontinued operations.

Absolutely nothing left here...and some are going to lose out on those notes as well.