TAP Real Estate Technologies Inc (RWAX)

[TenKay]

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

No I didn’t. Certainly not a “sure” conversion. Since their appearance they have always represented some level of conversion potential.

What the majority of those 9000 were used for was to strip away a large majority of the remaining asset HMBL had “exposure” to of its original assets from close to 50% down to less than 4%.

But once again let’s look at the numbers as we know them now.

About 2300 shares of Pref C remaining. That is $2,300,000 worth. Recent conversion prices have been 0.0001. That is 23,000,000,000 shares worth.

That is what the financials say.

Convertible notes as of 9/30/25 was $2,120,634. Conversions since then can’t be more that $500,000 worth so that brings the total down to $1,620,634.

But wait, there’s more…they added another $550,000 recently bringing us up to $2,170,634.

At $0.0001 average conversion…that is another 21,706,340,000 shares for a grand total of 44,706,340,000 in potential share dilution.

They are between a rock and a hard place. Either they keep trying to feather that into the market which will take a long time and endless hype that will lose its effectiveness with this thing bouncing off no bid or they do a massive reverse split to get some downside liquidity back in the game..

People ignore that reality at their own peril.