Replies to post #115343 on TAP Real Estate Technologies Inc (RWAX)

[TenKay]

The warrants were owned by FORW. George lent FORW $2 million to exercise them. He will now be paid back.

But I am now beginning to think there really wasn’t any real conflict between GS and HMBL. It was handled too easily and with GS getting literally everything covered and then some. The warrants were suppose to be an “at risk” investment…NOT a loan.

If they were not bought and exercised at risk then there are accounting and legal issues around how it was handled. So it is possible that the conflict was contrived to pay it back as a “settlement” under court approval to cover up the fact it was a loan.

That would be using the Court not unlike what is done in a 3(a)10 scam.

[NoMoDo]

You mean the warrants that were used to buy 10 mil shares of HMBL for FORW?

...forwardly investors were under the impression that the warrants were owned by forwardly.