TAP Real Estate Technologies Inc (RWAX)

[OMOLIVES]

That's exactly it because in 6 Months..they lose everything(software).

Some highlights

On May 16, 2024, Robert Hymers III filed a lawsuit against the Company in Maricopa County, Arizona alleging breach of a consulting agreement. On July 2, 2024, the Company and Mr. Hymers entered into a settlement agreement pursuant to which the Company issued Mr. Hymers 700,000,000 shares for work performed under the consulting agreement and Mr. Hymers agreed to dismiss his lawsuit against the Company.

On March 11, 2024, Pacific Lion filed a lawsuit against the Company in Pinellas County, Florida alleging breaches of the contracts entered into in connection with certain loans made by Pacific Lion to the Company and certain related claims. On March 13, 2023, Pacific Lion also filed a lawsuit against the Company in Orange County, California alleging breach of the SPA and the other contracts entered in connection with Pacific Lion’s purchase of Series C Preferred Stock from the Company and certain related claims.

On July 20, 2024, Pacific Lion entered into a settlement agreement pursuant to which the Company dismissed its lawsuit against Pacific Lion and Pacific Lion released its two lawsuits against the Company. Pursuant to the settlement agreement, Pacific Lion also agreed to purchase additional shares of Series C Preferred Stock and to make certain required payments thereunder but to date has not made any payments.

In 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.

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.

lol...$253k

Zilch...all they have is BM Authentics which is just selling down inventory below costs. It's literally in pre shell status with over 18 billion in outstanding and a ton of debt with virtually no assets beyond a bull shite' valuation on what was sold to Avrio(sp?)....which is the only hope in a reverse merger and huge capitulation and consolidation. And all that shite' company has is distressed assets..be it written off.

Biggest shit show ever....period.