TAP Real Estate Technologies Inc (RWAX)

[NoMoDo]

Oh you calm down. No two stocks have the same attributes. I stated that HMBL would need to eliminate toxic debt first, but you say that PCLN didn't have toxic debt. If HMBL eliminated it's toxic debt, then how would that be an issue. As for not being an OTC stock, tell me in your own words how that would change the floor price of the stock.


You have repeatedly said that the balance sheet is far worse at the end of the year than the beginning of the year. That is a bunch of crap. The single most important improvement was getting rid of BRU. BRU was taking $500k per year from HMBL plus claiming billions of shares as part of their contract and to pay off previous debt. The second biggest improvement was almost 9000 shares of preferred C's. You once stated that the C shares were the biggest problem and could double the OS. HMBL found a way to eliminate almost all the preferred C's. Not once did you say, Holy Cow, WTG HMBL. Instead, you saw the results and complained that HMBL gave away too much of it's WSCG equity. Then the company got a license to title real estate using blockchain and you said nothing positive. Imagine the connections Stuart and his 4 friends have in the real estate market, a license to title those properties and you see no income potential, nor the potential of HMBL becoming a real company.

As for my guesses on how they are handling the cleaning of the balance sheet, I personally would have gotten rid of the toxic debt first. That means when we are seeing a 10bil increase in OS, I assume that it means that 10bil shares worth of debt are removed. Instead, it was 2 bil common in conversion of C's, 1 bil in conversion of Notes payable, 2bil to get rid of BRU, 500mil in conversion of related party notes, convertible debt reduction, plus a negotiated settlement of convertible debt that refused to convert shares that were shorted in return for a fixed price conversion rate and a $1.2mil fee for default. I still counted the shares very accurately, just not what HMBL thought was first priority. Had I been given access to other information such as the default, I would have guessed different line items when projecting similar results. Make no mistake, my guesses are far better than yours. Starting with the effects of 9000 preferred C shares.

Didn't you call those 9000 preferred C shares a sure conversion of at least 30bil shares? You were wrong then too.

The fact remains that they have at least 40 Billion of share dilution potential on the balance sheet