Monday, August 04, 2025 8:14:28 PM
Six months ago it was 0.0006X0.0007…now it is 0.0002X0.0003
So if you were CEO trying to right this ship, you would pay the extra costs to meet the OTC Current rating when you know that it will take at least 2-3 quarters to turn the company around? Or would you use the $40-60k to pay down bills? I personally applaud the cost savings until the magnesium silicate is sold.
Six months ago it was OTC Current Info…now it is OTC LIMITED INFO.
6 months ago it had 12k preferred C shares and a ton of long and short term debt. As of June, there was roughly 5k of preferred C shares and debt has been reduced substantially. The $1.5 mil in toxic debt was renegotiated to a fixed conversion.
Six months ago it had an OS of 34 billion…now it is 44 billion.
Here is my favorite part of the last Q:
The increase in working capital is the direct result of our investment in WSCG Holdco as well as reductions of notes payable, accrued interest and accrued expenses as well as the receipt of the remaining balance owed by WSCG received in the three months ended March 31, 2025. A significant portion of the investment in WSCG Holdco was exchanged for Series C Preferred shares in May 2025. The Company’s assets as of December 2, 2024 were sold and the Company commenced a new business with the purchase of the magnesium silicate. The Company anticipates entering into profitable businesses upon the sale of the magnesium silicate.
Recent RWAX News
- TAP Real Estate Welcomes Jeff Jarrard as Chief Technology Officer • GlobeNewswire Inc. • 04/09/2026 10:10:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/06/2026 08:05:24 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 03/31/2026 05:17:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/30/2026 01:05:32 PM
- TAP Real Estate Technologies Announces Completion of Corporate Name Change and New Ticker Symbol • GlobeNewswire Inc. • 03/04/2026 10:13:00 PM
