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.”
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. holds an investment of not less than 10 million shares of HUMBL,
Inc (OTCQB:HMBL). through the partial exercise of a warrant the company holds.
• 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.