Forwardly, Inc. Makes Investment in Maverick Energy Group, Inc.

Boulder City, NV, April 15, 2021 (GLOBE NEWSWIRE) -- George Sharp, President and CEO of Forwardly, Inc. (OTCMKT: FORW), announced today that the company 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. Acquires Warrants to Purchase 500 Million Shares of Tesoro Enterprises, Inc.

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.