Replies to post #109300 on TAP Real Estate Technologies Inc (RWAX)

[OMOLIVES]

!! You can bet your ass on that one my friend. Over 290 Million shares converted into common from preferred.

In December..that's a rough USD22 Million based on .30 per share

From January on...a rough USD33 Million based on .15 per share

I am being generous and conservative.

!! That is a cool $55,000,000 in gains...and a total crook job from insiders. That is all insiders ... and non-service related.

That may be criminal ... http://delcode.delaware.gov/title6/c073/index.html

[OMOLIVES]

And to put an emphasis on criminal:



Compare those revenue breakdowns to the valuation and purchase price paid for said entities(acquisitions). Then compound such with the $55,000,000 plus+++ in proceeds from the conversion of preferred into common from the insiders.

They have a major problem that goes way beyond any revenue bust ..be it major failure.