HUMBL Inc (HMBL)

[StockFOXXX]

JUST IN CASE NO ONE SAW THIS A YEAR AGO. HERE IT IS AGAIN. I'VE PULLED THIS INFORMATION STRAIGHT FROM THE LAST QUARTERLY FILED ON 11/2015. EVERYONE WAS WARNED YET PEOPLE STILL BOUGHT IN TO THIS SCAM! READ FOR YOURSELVES.


LIQUIDITY AND PROFITABILITY CONSIDERATIONS
The accompanying consolidated and condensed financial statements have been prepared assuming that Tesoro Enterprises, Inc. (“TEI”), either directly or through its subsidiary Fashion Floor Covering and Tile, Inc. ("FFC&T") and the Joseph M. Zarcone Company ("JZM") (collectively “Company”) will continue as a going concern. The Company has lost $4,807 in the 9 months ended September 30, 2015, made a small profit of $143 in 2014, and lost $57,725 in 2013. As reflected in the consolidated and condensed balance sheet at September 30, 2015, the Company had a working capital deficit of $384,586 and total liabilities exceeded total assets by $422,613

The Company has a limited source of revenue and is dependent on its ability to raise working capital from shareholders or other sources to sustain operations. These factors, along with other matters as set forth herein, raise substantial doubt that the company will be able to continue as a going concern.