TAP Real Estate Technologies Inc (RWAX)

[TenKay]

Good questions…which I am sure you know the answers to…😉 I am sure some of the folks here are learning a lot.

First, I said the B-Share ISSUANCE resulted in no capital infusion to the company. Which is fact.

The B-share holders did contribute capital in the cash on hand in Humbl when the RM was completed. I think that was just over a million dollars.

As for where the capital came in the first year (I assume you mean 2021)….well the financials shows that. Folks can go look at the filings. There was a some from warrant exercises in particular the $2 million from Sharp that Foote paid back to him. (And that little fiasco could be the subject of a long discussion as it bordered on illegal in my mind). But the one that always intrigued me were the promissory notes that were sold in 2021 and then converted in Q1 of 2022 at a fraction of the exercise price stated the year before.

But Foote burned through that cash pretty quickly and the toxic notes then came into play.

I have always wondered to what degree the deals that were done, and then almost all undone was all part of the plan to just pump the stock.

Either Foote planned it that way or was he just incompetent?

And back to that warrant exercise by George.

Was that also the plan? To keep Sharp whole no matter what?…and not disclose it????

….and then used a court approved settlement agreement to cover it up? …like we see with 3(a)10 scams…

Hmmmmm….things to ponder.

Feel free to provide the benefit of the “Context” or detail I am missing.

Have a good evening. It been fun to peel the onion on this insider enrichment scheme.