web analytics
4.6 C
Munich
Sunday, April 18, 2021

Forwardly Inc.  (OTCMKTS: FORW) Gaining as Investor CC & Annual Reports Loom

Forwardly Inc.  (OTCMKTS: FORW) continues to move steadily higher in recent trading making a strong move towards its all-time highs of $0.182 and following in the footsteps of colossal runner TSNP. A break over $0.182 and its blue skies ahead. FORW initially took off after the Company secured exclusive US distribution rights to LifeAir, a patent pending, non-invasive ventilator currently under development by Ligand Innovation Global, a Canadian corporation. A newer iteration of the LifeAir ventilator is currently being engineered for a summer 2020 submission to the US Food and Drug Administration (“FDA”) and Canada Health in the hopes of obtaining fast track approval. In June the Company filed its application to raise up to $15 million under Regulation A+.  The Company has succesfuly raised money and plans to fund Ligand Global Innovation’s development of its latest prototype of the LifeAir G1 Portable Ventilator itself. Forwardly also just made a cash investment in TSNP as one of two parties to purchase Tesoro warrants. These warrants enable Forwardly to purchase up to 500 million shares of Tesoro common stock within a period of two years

Microapdialy reported on FORW just after it had passed the $0.01 mark stating at the time: Forwardly Inc.  (OTCMKTS: FORW) is making a powerful move up the charts over the past few weeks emerging as a volume leader and exploding out of the subs and moving well into penny land. The Company is led by stock whizz George Sharp of TSNP fame who has implemented a significant share reduction slicing the authorized in half and committing itself to avoiding a reverse split of the stock.

Forwardly Inc.  (OTCMKTS: FORW) is an opportunity investor seeking to finance fresh ideas. The company is headed by George Sharp, a longtime whistleblower, advocate against microcap fraud, and defender of shareholder rights. In addition to his continued participation in these activities, Mr. Sharp consults to public companies, attorneys and those associated with the financial markets. He is also a former consultant to OTC Markets Group, Inc.

Last year Forwardly filed its application to raise up to $15 million under Regulation A+. The filing includes details about Forwardly’s June 1st formation of “Breathe Medical Devices, Inc.”, a wholly owned Wyoming corporation. This subsidiary will be the operating arm for Forwardly’s recent acquisition of the exclusive US distribution rights to LifeAir, a patent pending, non-invasive ventilator currently under development by Ligand Innovation Global, a Canadian corporation.

A newer iteration of the LifeAir ventilator is currently being engineered for a summer 2020 submission to the US Food and Drug Administration (“FDA”) and Canada Health in the hopes of obtaining fast track approval. A demonstration of a prototype of the LifeAir ventilator is available for viewing at www.LigandGlobal.com. Forwardly has retained a consultant to develop its own website for the subsidiary, which is expected to be published in the next 5 to 10 days and will be located at the url “BreatheMedicalDevices.com”.

To Find out the inside Scoop on FORW Subscribe to Microcapdaily.com Right Now by entering your Email in the box below

FORW

In December FORW made a cash investment in TSNP soon to be renamed HUMBL, Inc., as one of two parties to purchase Tesoro warrants. These warrants enable Forwardly to purchase up to 500 million shares of Tesoro common stock within a period of two years. The agreement between Forwardly and Tesoro was entered into on November 23, 2020, and its closing was contingent on the completion of the merger between HUMBL and Tesoro Enterprises, Inc., which has now taken place.

On January 4 the Company announced its common shares have been deemed eligible by the Depository Trust Corporation (“DTC”) for electronic transfer through the Deposit/Withdrawal at Custodian (“DWAC”) platform. DWAC eligibility makes Forwardly much more attractive to future investors in the company and its projects, as shares which are issued in certificate form are not accepted for deposit by most brokerage firms

Mr. Sharp also announced that the shareholder video conference call, previously scheduled for January 12, 2021 has been rescheduled to February 16, 2021 to coincide with the release of the company’s annual financial report. Further details regarding the conference call will be released in a future press release.

FORW CEO George Sharp stated on the cash investment in TSNP: “HUMBL’s business model and leadership in blockchain based, global payment systems made this investment especially interesting to Forwardly. The investment has already proven to be mutually beneficial. As a result of the public’s enthusiasm in HUMBL’s endeavors, and the fortuitous timing of the execution of the purchase agreement, the warrants negotiated by Forwardly are already well in the money, and Forwardly owns an asset currently worth over one hundred million dollars. This will provide us the leverage to raise additional funds for all of our projects at optimally attractive terms.”

https://twitter.com/JDuncan1987/status/1351931095374295040

For more on FORW Subscribe Right Now!

Forwardly continues to move steadily higher in recent trading making a strong move towards its all-time highs of $0.182 and following in the footsteps of colossal runner TSNP. A break over $0.182 and its blue skies ahead. FORW initially took off after the Company secured exclusive US distribution rights to LifeAir, a patent pending, non-invasive ventilator currently under development by Ligand Innovation Global, a Canadian corporation. A newer iteration of the LifeAir ventilator is currently being engineered for a summer 2020 submission to the US Food and Drug Administration (“FDA”) and Canada Health in the hopes of obtaining fast track approval. In June the Company filed its application to raise up to $15 million under Regulation A+.  The Company has succesfuly raised money and plans to fund Ligand Global Innovation’s development of its latest prototype of the LifeAir G1 Portable Ventilator itself. Forwardly also just made a cash investment in TSNP as one of two parties to purchase Tesoro warrants. These warrants enable Forwardly to purchase up to 500 million shares of Tesoro common stock within a period of two years Microapdialy reported on FORW just after it had passed the $0.01 mark stating at the time: Forwardly Inc.  (OTCMKTS: FORW) is making a powerful move up the charts over the past few weeks emerging as a volume leader and exploding out of the subs and moving well into penny land. The Company is led by stock whizz George Sharp of TSNP fame who has implemented a significant share reduction slicing the authorized in half and committing itself to avoiding a reverse split of the stock. We will be updating on FORW when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with FORW.

Sign Up now for our 100% FREE Penny Stock Newsletter

Disclosure: we hold no position in FORW either long or short and we have not been compensated for this article.

Ali Raza
A journalist, with experience in web journalism and marketing. Ali holds a master degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Sign up now for our 100% FREE Penny Stock Newsletter

Privacy Policy. we will never share your email with anyone.