- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
0
Posted on 3/5/21 at 1:16 pm to NaturalBeam
quote:
You are obsessing over these 2 stocks because you got in an internet fight with a random internet posted named AncientTiger and it’s clearly eating at you until you somehow prove you are right. Well AT isn’t here anymore. You aren’t buying this stock right now. And those who did have already done so. So frankly it just comes across as a little obsessive that you’re still so concerned about this.
If you would have just bought FORW when you posted this instead of white knighting for a guy I didn’t even bring up in this thread you’d be up nearly 40% at the moment.
Posted on 3/5/21 at 1:30 pm to slackster
Tsnpd is green just like I said it would be
You gonna cry nerd?
You gonna cry nerd?
Posted on 3/5/21 at 2:17 pm to el Gaucho
quote:
You gonna cry nerd?
Posted on 3/5/21 at 2:21 pm to slackster
Trading at triple today. Was way sold off yesterday compared TSNP.
Good timing on this thread even though I do think you really hate this stock lol
Good timing on this thread even though I do think you really hate this stock lol
This post was edited on 3/5/21 at 2:22 pm
Posted on 3/5/21 at 2:24 pm to SkinnyTestaverde
quote:
Good timing on this thread even though I do think you really hate this stock lol
Arbitrage is arbitrage.
Posted on 3/11/21 at 9:48 am to slackster
quote:
So, can money be made on the illogical gap between FORW and Humbl? Should FORW really be trading for 62% higher, should TSNPD (Humbl) be trading for 62% lower, or somewhere in between?
So it’s looking like “somewhere in between” is the early leader in the clubhouse. Since my post FORW is up nearly 29% while TSNPD is down 4.7%. The net value of the Humbl warrants for FORW are $350MM as of yesterday’s close, but FORW is still “only” trading at a ~$300MM market cap. That’s still a 16% discount to the Humbl warrants alone.
Sharp clarified that the cost of the warrants, if exercised, is $25MM, or $.20/share.
Posted on 3/12/21 at 7:38 am to slackster
Whoever suggested George Sharp would "end up in handcuffs" is very ill-informed. FORW is a value-added holding company only.
FORW's number warrants were reduced in the reverse split, just like the common shareholders. They went from 500 M to 125M warrants, and each warrant is now valued at $0.25/ppw. The owner of the warrants (FORW and 1 other unnamed party) can exchange each warrant for 1 common share of HMBL at any time prior to Dec 2022.
from the original PR in Dec:
"Boulder City, NV, Dec. 10, 2020 (GLOBE NEWSWIRE) -- George Sharp, President and CEO of Forwardly, Inc. (OTCMKT: FORW), announced today that the company has made a cash investment in Tesoro Enterprises, Inc. (OTCMKT: 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."
FORW's number warrants were reduced in the reverse split, just like the common shareholders. They went from 500 M to 125M warrants, and each warrant is now valued at $0.25/ppw. The owner of the warrants (FORW and 1 other unnamed party) can exchange each warrant for 1 common share of HMBL at any time prior to Dec 2022.
from the original PR in Dec:
"Boulder City, NV, Dec. 10, 2020 (GLOBE NEWSWIRE) -- George Sharp, President and CEO of Forwardly, Inc. (OTCMKT: FORW), announced today that the company has made a cash investment in Tesoro Enterprises, Inc. (OTCMKT: 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."
This post was edited on 3/12/21 at 7:52 am
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News