Replies to post #152962 on TAP Real Estate Technologies Inc (RWAX)

[NoMoDo]

I don't always have the time to correct you. I am free now, here goes:

So you can’t or won’t show what is wrong with my calculations. LOL. Not surprised.

You wrote:

The company lost $15,621,171 in "book value" for the asset... Original value was approx. $16,800,000... $16,800,000 - $15,621,171 = $1,178,829... That is what the Holdco units value will be on the next balance sheet... That BTW is 3.4% of the stated value of WSCG.

Your calculation of HUMBL’s WSCG investment value and ownership percentage is wrong. The Q2 says the company incurred a $15,621,171 loss from exchanging 83% of HoldCo ( $14mil loss) and 10% ($1.62mil loss to BRU), but your starting value and remaining balance are off:

The original WSCG investment was $17,000,000 in January, but was adjusted to $16,383,198 in June after a $616,802 WSCG’s net loss, not $16,800,000 as you claim. It is a small amount but affects your math and your thinking.

Your subtraction ($16.8M - $15.62M = $1,178,829) oversimplifies things. The two exchanges (in July and Aug) indicate the remaining percent of HoldCo (1,740,999 of 24,555,556) are valued at $760,000 - book value adjusted for losses, not $1,178,829.

This is what will appear on the Q3 2025 balance sheet, assuming no additional exchanges.

Original value was approx. $16,800,000.

$16,800,000 - $15,621,171 = $1,178,829

That is what the Holdco units value will be on the next balance sheet assuming no more HoldCo units were given away.

You say that $1,178,829 is 3.4% of WSCG’s value (implying $34.67M total), but that isn't what HUMBL’s says: 7.44% stake after the 2 exchanges (48.6% reduced by 83% + 10%). The correct implied WSCG value is roughly $10.13 million ($760,000 ÷ 0.075), or $35 million pre-exchanges.

The 3.4% figure understates HUMBL’s remaining exposure by more than half.