Replies to post #150173 on TAP Real Estate Technologies Inc (RWAX)

[NoMoDo]

I am not changing the time frame. You used an arbitrary measure of success - the price of the stock. It is arbitrary because the price has been .0002 x .0003 for quite a while. It only went up because of the new management announcement. The price won't increase (besides an occasional blip) until the balance sheet has been completely cleaned and they sell some fertilizer.

Annual fee $5000 per OTC web site. Then the legal cost of management cert.

It isn't down to 17%. The original deal stated that shares of holdco would be set aside to get rid of preferred C shares. That was the design. Get rid of debt and get rid of preferred C's.

And yeah their 27.5% ownership of WSCG is down to 17%

You are delusional if you think we are worse off now than we were 6 months ago.

[OMOLIVES]

It is substantially less....be it that the valuation will be changing among other:

The value of the HoldCo Units held by the Company at the time of the acquisition by WSCG is $17,000,000 based on the percentage that HoldCo owns in WSCG based on the last valuation of WSCG. The Company agreed that WSCG would not contribute any real estate assets and WSCG would be solely a technology company in exchange for a larger percentage of WSCG owned by the Company through HoldCo

https://www.otcmarkets.com/filing/html?id=18532218&guid=rio-kqlY1Uoth3h

The HoldCo Units represent approximately 27.5% of the outstanding equity in WSCG with a value of approximately $17,000,000. Upon transfer of the HoldCo Units, HUMBL will own 100% of HoldCo. HUMBL intends to keep a portion of the HoldCo Units to maintain exposure to WSCG’s performance and the HUMBL assets purchased by WSCG. HUMBL will also offer to exchange some of the HoldCo Units to its debtholders and holders of Series C Preferred Stock as a way to eliminate debt and reduce potential future dilution to common stockholders. Within 60 days of the closing date, the principals of WSCG will transfer real estate assets with a value of at least $45,000,000 to WSCG. The transfer of the HUMBL assets to WSCG will not take place until 20 days after the first mailing to the HUMBL shareholders of a Definitive Schedule 14C with respect to the transaction. .

https://www.otcmarkets.com/filing/html?id=18020632&guid=rio-kqlY1Uoth3h

They gave up over 75% of that original 27.5% stake in WSCG. The original valuation decreased by $45 Million. It's just a shell game...ie social trader..lol.