Drugdoctor
2 days ago
New tweet out! " $FORW's pr of yesterday neglected to inform shareholders that while the first $SRNW warrant has expired, the expiration date of the second warrant was extended to 12-31-2026 & the exercise price was lowered to $.10. Forwardly has exercised 200,000 of these warrants."
$FORW's pr of yesterday neglected to inform shareholders that while the first $SRNW warrant has expired, the expiration date of the second warrant was extended to 12-31-2026 & the exercise price was lowered to $.10. Forwardly has exercised 200,000 of these warrants.— Forwardly, Inc. (@ForwardlyInc) March 11, 2025
I-Glow
2 days ago
Once again you are showing how clueless you are are securities law and filing a S-1 thought the 1940.act.
FORW will never get an S-1 to pass SEC comments. The last S-1 was filed over a year ago and the SEC did nothing.
Business Model: Most OTC companies position themselves as operating businesses (tech, biotech, mining, etc.), not investment vehicles. The 1940 Act kicks in when a companyβs primary gig is investing in securities, which isnβt the usual OTC playbookβthose firms are more about raising cash to βbuild somethingβ (or at least claim to).
Exemptions: Many OTC companies dodge the 1940 Act by staying under thresholdsβlike holding fewer than 40% of assets in securities (excluding cash or government bonds) or having fewer than 100 investors. This keeps them in 1933/1934 territory.
Complexity: The 1940 Actβs heavy compliance loadβdetailed investment policies, leverage limits, board requirementsβclashes with the lean, scrappy nature of OTC firms. Theyβd rather wrestle with a 1933 Act S-1 than touch 1940.
Getting an S-1 through under the 1933 Act is easierβless red tape, fewer existential hurdlesβunless the SEC tags you as a 1940 Act entity. For a typical business, 1933 is a steep but climbable hill; 1940 is a mountain with no shortcuts. Forwardlyβs retreat shows how the 1940 Act can derail even a public companyβs plans. Want me to explore Forwardlyβs business to guess why the SEC pivoted them there?
Sharp got you again.
IG
I-Glow
2 weeks ago
Of course Sharp never named a company that got scared because people were saying mean things about the company. You are the only one who believes that nonsense.
Here is how I know it is nonsense - "On February 6, 2024, $GVSI announced that it had enter into a non-binding Term Sheet for the acquisition of a privately owned Blockchain enterprise."
What a deal a non-binding Term Sheet that no one saw it was all BS.
If you had half of a brain you wouldn't believe everything Sharp says
"wished to be involved in the "culture of chaos that is common in the OTC market". Specifically, the blockchain company cited the "lack of appreciation by supposed shareholders who currently own nothing as will [sic] as disdain towards management, as seen on social media."
How does the "the blockchain company cited the "lack of appreciation by supposed shareholders who currently own nothing as will [sic] as disdain towards management, as seen on social media." know much stock the posters own that are posting on social media.
That is the insecure little man Sharp throwing himself a pity party - Sharp wrote that BS as there never was a company. GVSI has too many red flags for any company to use them to go public.
It would be hilarious for the SEC to investigate Sharp and make him produce the email.
IG
surfkast
3 weeks ago
You are too funny! What happened to Starsona? How about Ligand Global? Don't forget Maverick Energy Group? George is a proven failure. Unless you count growing his stable from 14 to over 100 horses?
Speaking of horses he is probably losing $3 million annually or more based on industry standards. Of note is he paid $335,000 for Hello Hot Rod in February 2021 and gave him up for $20,000 in a claiming race! (Horse could not get out of his own way!LOL)He also paid $250,000 for Coloratura in 2021 whos lifetime winnings are $58,266! George obviously sucks at buying horses also!
Does anyone question where the money went. Over $900,000 just on FORW Professional fees? Was that for trainers and jockeys? Seriously? What about the "loans" and shares? George has some nice ATM's!
FORW - Professional fees $619,384 December 31,2023
Professional fees $293,838 SEPTEMBER 30, 2024
GVSI - Professional fees $40,631 DECEMBER 31, 2023
Professional fees $12,904 SEPTEMBER 30, 2024
SRNW Professional fees $267,727 DECEMBER 31, 2023
Related party consulting expense for common stock $319,000 DECEMBER 31, 2023
Professional fees $62,571 SEPTEMBER 30, 2024
Article on Hello Hot Rod and
https://www.thoroughbreddailynews.com/sharp-high-on-hello-hot-rod/
Claim For Hello Hot Rod
https://www.thoroughbreddailynews.com/sharp-high-on-hello-hot-rod/
Coloratura Statistics
https://www.equibase.com/profiles/Results.cfm?type=Horse&refno=10619998®istry=T&rbt=TB