TAP REAL ESTATE TECHNOLOGIES, INC. IWTT (last ticker on record)
CIK 1119190Its SEC filings (opens in a new tab)
- Restatement
- Delisting notice (not a red flag)
- Restructuring
- Bankruptcy
- 95% wipeout
These figures describe clients, not conduct. A lawyer or firm can serve many companies that later had trouble for reasons that have nothing to do with their work, and nothing here says any lawyer or firm did anything wrong.
- Red flags
- 4
- Newest began Dec 2021
- Largest fall in its shares
- 99%
- Feb 2021 to Aug 2024
- Law firms
- 4
- Linked to 5 or more companies
- Lawyers
- 2
- Linked to 5 or more companies
What happened
- Shares down 95% from their high
- Shares down 95% from their high
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
An SEC release can name a company’s officer, or its stock as what a scheme sold or moved, so the company may be the victim. Each link goes to what to read.
Law firms
The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.
- Culhane Meadows PLLCFirst linked Jul 2021 · Named in SEC correspondence · 12 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.11×
- Goodwin ProcterFirst linked Jul 2021 · Text search only · 1,221 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 0.31× · 95% wipeout 1.17×
- Wilson Sonsini Goodrich & RosatiFirst linked Jul 2021 · Text search only · 1,468 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.60× · 95% wipeout 1.42×
- Holland & KnightFirst linked May 2003 · Text search only · 413 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.82× · 95% wipeout 1.19×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Culhane Meadows PLLC | Jul 2021 | Named in SEC correspondence | 12 | 0.00 | 0.00 | 1.11 |
| Goodwin Procter | Jul 2021 | Text search only | 1,221 | 0.79 | 0.31 | 1.17 |
| Wilson Sonsini Goodrich & Rosati | Jul 2021 | Text search only | 1,468 | 1.09 | 0.60 | 1.42 |
| Holland & Knight | May 2003 | Text search only | 413 | 1.17 | 0.82 | 1.19 |
Lawyers
The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.
- Ernest M. SternCulhane Meadows PLLCFirst linked Jul 2021 · Named in SEC correspondence · 30 linked companiesSEC/DOJ scrutiny 0.73× · Went dark 1.50× · 95% wipeout 1.14×
- GAYLE COLEMANAtlas Pearlman, P.A.First linked Apr 2003 · Named in a filing · 10 linked companiesSEC/DOJ scrutiny 1.88× · Went dark 2.55× · 95% wipeout 3.89×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Ernest M. SternCulhane Meadows PLLC | Jul 2021 | Named in SEC correspondence | 30 | 0.73 | 1.50 | 1.14 |
| GAYLE COLEMANAtlas Pearlman, P.A. | Apr 2003 | Named in a filing | 10 | 1.88 | 2.55 | 3.89 |