TAP Real Estate Technologies Inc (RWAX)

[TenKay]

I am not confused as anyone who has read the 10K will see.

At Dec 31, 2024 there were 12,350 Pref C outstanding on the balance sheet

In the Subsequent Events section it shows that between January 1, 2025 and May 9, 2025, 3 Billion common were issued for conversion of Pref C shares. That is somewhere between $1,500,000 and $2 million worth depending on the share price.

So that actually leaves somewhere north of 10,000 Pref C shares as of May 9. I was being charitable with the 9,000.

10,000 Pref C shares equates to somewhere between 35 BILLION and 50 BILLION in unconverted Pref C still on the books at the current pps.

If there is anything else I can help you with, let me know.