Forwardly is an opportunity investor seeking to finance fresh ideas. The company is headed by George Sharp, a longtime whistleblower and advocate against microcap
In addition to consulting to public companies, attorneys and those associated with the financial markets, Mr. Sharp is a former consultant to OTC Markets Group, Inc.
George A. Sharp | President (January 25, 2022)
Henderson, NV, March 03, 2022 (GLOBE NEWSWIRE) -- Forwardly, Inc. (OTCMKT: FORW) announced today that its partially owned subsidiary and partner, Ligand Innovation Global
(“Ligand”), has received acknowledgment of receipt of its application for Emergency Use Authorization of the LifeAir Portable Ventilator, also known as the VitaCaeli
Portable Ventilator, by the United States Food and Drug Administration (“FDA”). The company is now awaiting a decision or request for further information from the FDA.
Forwardly Inc. has made a strategic investment in Maverick Energy Group, Inc. (OTCMKT: MKGP).
The investment comes as a one year fixed rate convertible loan to Maverick
in the amount of $200,000 at an APR of 15%. At Forwardly’s option, the principal and interest may convert into Maverick common shares at $.20/share. The loan agreement
also provides Forwardly with a warrant enabling the company to purchase up to two million additional shares of Maverick at $.35/share within two years.
Forwardly, Inc. has acquired a one-third interest in Ligand Innovation Global, Inc., a Canadian firm developing an innovative solution to the continuing worldwide shortage
of expensive and invasive ventilators for those patients experiencing life-threatening respiratory diseases. The acquisition was made for a cash payment of $1 million by
Forwardly. The company also announced that the pending amendment to its Regulation A+ application with the SEC will include an increase in the proposed $25 million
offering to $.70/share.
HUMBLPay is a consumer blockchain company working to simplify blockchain use cases across verticals like mobile payments, ticketing, NFTs and real estate. Forwardly, Inc.
has recently arranged for $2 million in debt financing from its CEO, George Sharp. The loan is not subject to conversion into Forwardly stock. Proceeds from the loan were
be used to purchase 10 million shares of HUMBL, Inc. through the partial exercise of a warrant the company holds to purchase up to 125 million warrants through December
2023 at $.20 per share.
STOCK SYMBOL: OTC: FORW
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