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Forwardly, Inc. Provides Shareholder Update

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FORW - Forwardly, Inc. Provides Update on S-1 Filing Preparation and Retains Fruci & Associates, PS as Auditor
Positive
  • Forwardly, Inc. is taking steps to become a fully reporting company by preparing an S-1 filing with the assistance of Fruci & Associates, PS.
  • No new shares will be added to the S-1 filing, indicating no dilution of existing shares.
  • Upon acceptance of the S-1 filing by the SEC, Forwardly will achieve fully reporting status, potentially increasing transparency and credibility.
Negative
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Henderson, NV, Aug. 01, 2023 (GLOBE NEWSWIRE) -- George Sharp, CEO of Forwardly, Inc. (OTCMKT: FORW), provides the following updates to the company’s shareholders.

The Company has retained Fruci & Associates, PS as its auditor to assist in the preparation of an S-1 filing to register all of the existing shares of the Company. No new shares will be added to this filing. Upon acceptance of the S-1 filing by the SEC, Forwardly will become a fully reporting company.

About Forwardly, Inc.

Forwardly is an opportunity investor seeking to partner in fresh ideas. The company is headed by George Sharp, a longtime whistleblower, advocate against microcap fraud, and defender of shareholder rights. In addition to his continued participation in these activities, Mr. Sharp consults to public companies, attorneys and those associated with the financial markets. He is also a former consultant to OTC Markets Group, Inc. Further information about Forwardly, Inc. can be obtained through its website at www.ForwardlyPlaced.com

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company's control.

CONTACT:

Forwardly, Inc.
3535 Executive Terminal Drive
Suite 110
Henderson, NV 89052
702-840-4433


FAQ

What updates has Forwardly, Inc. provided to its shareholders?

Forwardly, Inc. has provided updates on retaining Fruci & Associates, PS as its auditor and the preparation of an S-1 filing to register all existing shares.

What is the purpose of the S-1 filing mentioned in the PR?

The S-1 filing is intended to register all existing shares of the company, with no new shares to be added, indicating no dilution.

What will happen upon acceptance of the S-1 filing by the SEC?

Upon acceptance, Forwardly will become a fully reporting company, potentially increasing transparency and credibility.

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