HUMBL, Inc. is a Web 3, Blockchain platofrm 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.
• a wholly owned subsidiary corporation
June 1, 2020 Forwardly, Inc. formed "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 VitaCaeli™ (LifeAir),
a patent pending, non-invasive ventilator currently under development by Ligand Innovation
Global, a Canadian corporation. A newer iteration of the VitaCaeli™ (LifeAir) ventilator has been
engineered for a summer 2022 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 VitaCaeli™ (LifeAir) ventilator is available for viewing at www.LigandGlobal.com
The new subsidiary will at least initially be managed by Mr. Sharp, however, the company is currently reviewing the new asset with several prominent doctors and has
formed a Medical Advisory Board.
Update: As of April 9,
2021 – Forwardly, Inc. owns 33.3% of Ligand Global Innovation.
Forwardly, Inc. (OTCMKT: FORW) has purchased $250,000 in BLOCKS tokens directly from Blocks DAO, LLC. Although the tokens were purchased from treasury, Forwardly paid the quoted market price at the time of the purchase, using cash the company had
Forwardly President, George Sharp stated, “We believe that Blockchain is the future of everything and together with its investment in HUMBL, Inc., this acquisition of BLOCKS gives Forwardly a foothold in that future. It is Forwardly’s intention to hold this asset
long term. We are also considering other investments in the blockchain industry.”
Worldwide NFT, Inc. (WNFT) has entered into an agreement with Forwardly, Inc., whereby Forwardly will purchase an WNFT warrant providing the right
to purchase 5 million WNFT warrant shares at $.32 per warrant share. The warrant must be exercised either in full or in part within two years of issuance. Forwardly will pay WNFT $200,000
for this. WNFT is in the process of negotiating up to $5 million in equity financing to be used as operational capital by successful acquisition or reverse merger targets.
WNFT is now in discussions/negotiations to acquire assets in the NFT (Non-Fungible Tokens) and Blockchain space. NFTs can be exchanged or traded
equivalently like other cryptographic assets as they are financial securities consisting of digital data stored in a blockchain, a form of distributed ledger. The ownership of an NFT is recorded
in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded.