Replies to post #321873 on Forwardly Inc (FORW)

[PeanutButterJellyTime]

Is .0064 less than or greater than current price? That's JUST VERY BASIC knowledge to understand math.

So this supposedly amazing investment is actually someone making money at the expense of existing FORW shareholders. Just stating facts, which are very important!


Oh and there's still that loan at .0032 a share that is due this very month!!!

[I-Glow]

Did you read the financials concerning the toxic loans.

"August through September 2019 $300,000
Notes convertible into common stock at $0.0032 per share, 15% interest, due one year from issuance (August through September 2020) with issuance of 46,875,000 warrants with a term of three-years and an exercise price of $0.0064 per share."

The warrants can be exercised anytime within 3 years at a discount of 35% from today's price.

Don't forget that the $300k plus interest is discounted 67% on the conversion from today's price.

Sharp gave the lenders a present with the reverse split.

IG