Replies to post #151034 on TAP Real Estate Technologies Inc (RWAX)

[tdbowieknife]

SMX likley has a problem with a few things...

The non-binding Heads of Agreement outlines the roadmap for due diligence, regulatory compliance, and shareholder approvals. SMX emphasized its commitment to ensuring transparency throughout the process, working closely with Ybyrá to align the transaction with U.S., Brazilian, and Nasdaq regulatory standards. An independent third-party analysis is underway to validate Ybyrá's assets, which exceed $1 billion in value. This assessment will serve as a cornerstone for structuring the final transaction to maximize shareholder returns.

All I've seen from Ybyra is smoke and mirrors...

Besides that, two bad companies don't make one good one.


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Watch your wallet


Buyer Beware
Social Media Promoted Pump and Dump Share Selling Scam



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[jimr1717]

It’s simply just another scam

[tdbowieknife]

I'm pretty sure this is not the "conformation" That SMX was looking for in January...

March 31 2025

As presented in Explanatory Note No. 06, the Company has recorded investment in Fertilizers in the amount of R$4,546,406,680, equivalent to 97% of its equity. On April 17, 2023, the share capital was paid up through the assignment of fertilizer inventory, and the Company recorded the asset through an instrument of assignment of rights to the fertilizer inventory in the amount of R$4,662,406,680. We found that on January 13, 2017, a report was issued on the fertilizer inventory, attesting to a total volume of 3,906,181 m3. However, we did not receive appropriate and sufficient information or documentation to corroborate the main assumptions used and update of this volume, as well as the existence of this asset , therefore, it was not possible to measure the fair value of the asset on the base date. Additionally, it is worth noting that this fertilizer balance affects not only equity, but also other transactions backed by said inventory, such as the balance of 'Investments Payable' (Explanatory Note No. 09) and equity interests (Explanatory Note No. 07). Therefore, we cannot conclude whether any undetected distortions in the financial statements, if any, would be relevant and/or widespread, nor whether the disclosures presented in the explanatory notes are adequate or require supplementation.

https://drive.google.com/file/d/1c5nS08NVFe5P44hk31JaqnDD9FAKByVX/view

Last word from SMX about this was Jan 27 2025...

It's been almost 7 months...



.

Watch your wallet


Buyer Beware
Social Media Promoted Pump and Dump Share Selling Scam



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[OMOLIVES]

They did not voluntarily delist. They were reprimanded, fined and a Month later censored and booted.

[dukeb]

The problem with bears, you say? With the company having nothing to say, both sides speculate. Just as you have done.

Thats the issue with bears. You all only look at surface level things. Although valid never tells the full story. Im betting YBYRA/SMX are close to making a deal if they haven't already. Supposed to have closed mid-year but no news yet. So that leads me to believe its probably a go