[Seasighs]

Nice News, $HMBL

[Badali]

San Diego, CA, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Tesoro Enterprises, Inc. (OTC Pink: TSNP) (“Tesoro”) announced today that the company’s CEO and President, Brian Foote, has agreed to convert over 318 million shares recently purchased by him out of the retail market to a new class of Preferred shares.

The conversion will be transacted following the imminent completion of the merger between Tesoro and HUMBL LLC, which will coincide with the redomiciling of the corporation to Delaware.

Upon completion of the conversion, Tesoro’s issued and outstanding number of common shares will have been reduced by over 860 million shares since Mr. Foote became President of Tesoro.

The company does not anticipate that the number of common shares outstanding will increase during the remainder of 2020 and throughout 2021.

[Badali]

Why he need to convert his shares into preferred .
My concern is he bought the common shares and convert into preferred shares and later implement the RS. He does not want as common shares his share go through RS. That is why converted into preferred

[NoMoDo]

I have no idea what you are saying besides when you talk about the Preferred B's not being included in the RS. They weren't. Since they were added at the same time as the RS, it is irrelevant. He could have created 8x more Preferred and then RS those or did what he did.

Did you know that a third of Foote's Preferred shares were originally designated as shares to be used for acquisitions? Read the first HMBL Q. He wasn't allowed to designate those shares and put them in his name, so he kept them in his name only and when acquiring business, he returned shares into the treasury to even things out - sorta.

[Badali]

Foote cleverly avoided his own common shares from RS. He converted into preferred B and later converted and gave to co founder Block to acquire . So Foote put Block in HMBL. How many preferred shares he issued for block as co founder ?
He used his shares to acquire block and put in HMBL . So 100% block become Foote personal assets which went to HMBL assets and Foote got shares. He is holding HMBL company
That is how he used his personal shares to acquire half portion of block ?
Nice way to avoid the RS his own shares but investors destroyed his greed

[shots60]

Bad Mexican for lunch Jimr?

Hopefully your pants aren’t ruined!!!

[NoMoDo]

It is a separate company, but Grado was a founder of Blocks along with Foote. Their work is what started HMBL. I am not sure Grado did anything with HMBL, but his work was instrumental in creating HMBL. I don't know of the blocks valuation. Right now it doesn't seem very valuable, but who knows what it will be later on.

[Badali]

Who is BLOCK creator ?
Who own the BLOCKS?
What value is blocks now for HMBL ?
Zero

[NoMoDo]

He hasn't sold any shares on the open market. Having his shares in Preferred is a great idea because they don't count in the OS. Giving a former Blocks creator a third of the available shares in Preferred was stupid. At least without some guarantee that they would not be dumped into the market.

[Badali]

It will be maxed out then RS
What will happen after RS?
Do they have funding to avoid selling shares to generate capital if not then share structure will be maxed out again.
Ask Foote

[NoMoDo]

You might think you are making a point, but you aren't. Reciting the share structure doesn't make a point on it's own and "Numbers are always backbone in accounting and tax laws" says nothing at all.

[Badali]

Why he did not implement his own shares RS. Why he converted into preferred shares before to implement the RS

[NoMoDo]

I am aware of the share structure. Do you have a point?

[Badali]

Numbers are always backbone in accounting and tax laws

[NoMoDo]

Go back and read his tweet. He didn't say that there would be no RS. He said that there would be no RS that would kill retail. He did a 8:1 RS with Forwardly before it took off. He knew that 8:1 RS was not harsh. By contrast, he was a consultant for ZCBD. He found out that the company was going to do a 50k to 1 RS and told everyone to run and then quit the company. That was harsh. I lost $50k ish. People on here claimed that Sharp said no RS. That isn't true.

[Badali]

Share Structure : 9:28:2023

Authorized Shares : 12,500,000,000

Outstanding Shares : 7,126,886,366

[NoMoDo]

Your numbers don't mean anything. The price with Pacific Lion is based on the share price over 3 days after the company asks for the shares. If the price of stock is $1, then each share costs the company .70 worth of debt repayment. We can guess based on today's price, but over the last week, the number of shares needed decreased by about 40%.

[Badali]

In the previous Run no one believes Foote. People believed Sharp that is why it runs. Foote suppose to not do RS that time when sharp mentioned no RS. However , is not Foote converted his common shares into preferred B shares before the RS to avoid his common shares from RS.
Foote is double faces.
A/S 10 B shares need big RS to cover the debt.
1:10 will make 1 B
Anyone is holding 10M at .0007 with $7k
Will be 1M and it will repeat again.
Never list on NYSE or Nasdaq

[Badali]

But dilution will be never ended. I believe total converted debt will 3.4 B shares due to dump.
However it will be more because Foote increased the debt amount with pacific lion on FORM 8K CURRENT REPORT Dated 8.31.2023

2. Funding Amount. The funding amount under the Note is hereby increased from up to $800,000 to up to $2,000,000.

[NoMoDo]

Not sure how closely you have been following this. Foote stated that there would be a RS. Sharp then said that there will be no RS that destroys investors. They went with a 8:1 RS - definitely reasonable, and then Foote gave up a bunch of Preferred B shares. The problem wasn't the RS, but rather the rest of the Preferred B shares. Specifically, those that went to Mark Grado. He owned a ton and dumped heavily.
As for the poor performance... The SEC got involved in ETX because they wanted to control that market. Blackrock even took a shot at ETX recently and ended up getting denied by the SEC. That hurt HMBL a lot, but I bet that Blackrock will win in the end and open up the market to HMBL as well. HMBL already has a working product with ETX even though it is shelved for the time being. Foote also screwed up with his spending. That is on him. Things like buying a hotel room in Vegas or getting a huge office before first making money was boneheaded. The deals with some international companies were ill-conceived. Still, the Monster deal and Tickeri served a purpose even though Foote way overpaid. Had the company been much more frugal with financing when the stock was in the dollars range, we would be sitting at maybe 2 bil shares.

At this point, Foote hinted something by the end of September without actually hinting. Turns out HMBL Pro and the Santa Cruz thing are in play. I believe that Foote thinks that something game changing will happen in the foreseeable future. Something that could cause a merger or acquisition and a RS and enough to bring this stock to NYSE. Whether that happens, who knows. I would be happy with .05. Any more would be welcome.

[NoMoDo]

Yea, I wrote my post poorly. I am guessing that Olives was talking about Diagonal's $59k as still being converted. I don't believe it is. That leaves 120mil shares - bout 6 days at most. If there was additional debt that I am not aware of, it would be 9 days at 20mil.

Over Sept 18 through Sept 22 - there was roughly 100mil of dilution. If I counted right we probably did about 40mil in dilution minimum yesterday and the price stayed the same. Moral of the story, if we are looking at another 120mil shares of dilution, it will be done in days. Even at 180 mil, it will still be days.

[Badali]

Whatever Foote said and what implement are two different things. I knew him when HMBL was reading under TSNP ticker.
That time mentioned no R/S but later implemented. Mentioned going to muse or Nasdaq from dollar pps but sinked to trip.
Foote reduces the shares but later increased the share structure .

[NoMoDo]

As I originally said, the chance of Musk and Foote getting together is about equal to winning the lottery. The chance of a merger or acquisition (likely another bigger company being the acquirer) is good however. I could go to X (formerly Twitter) and pull the link for the conference call, but it already happened. Foote said that it was recorded and will be available to the public later. On a side note, did you know that Foote met with Twitter about a year ago? No word what was said or the reason for the meeting.

[Badali]

30M each day will be rest of 180M shares dumped in 6 days.

[Badali]

Okay where is the conference call so anyone can listen Foote and musk?

[NoMoDo]

Diagonal has been paid off. Who is the $150k? Pacific Lion?

Anyway, I am guessing you are correct. That's 360mil shares. 180mil shares already sold. Sound right? 6 more days of 20mil a day average.

[NoMoDo]

HMBL already said that there would be an RS. Try to keep up. I am expecting that the RS will happen in conjunction with M&A news. Why M&A? Foote mentioned it at the previous conference call. I don't think it was an off the cuff remark. Keep an eye out for it.

[NoMoDo]

You need to read better.
Out of coincidence, Foote mentioned Musk in the conference call this afternoon.

[ZZZ888]

Made some money on this dog a few years ago and has tanked ever cents thank God I cashed out and then bought back in this piece of shit as far as I’m concerned I will ride out down to zero or see what happens

[jimr1717]

No that’s 💩

[jack7377]

HMBL#$$: Hey Bulba, Shareholders have become the personal ATM for this MisMgt. Group and Board of Directors. This Scam is already down 99% in the last year and we will be down another 99.9% very soon. See you at $.0004-5 very soon. Deep into the Sewage Pond it goes.

[chief1978]

Big rally coming. I can smell it. I see a hook.

[jack7377]

HMBL#$$: Hey Bulba, you better put your glasses back on. It can go lower and is going lower. Unfortunately this Pig will see $.0004-5 , maybe lower. Its true value is $.00035 , due to all the Dumping of Deluted/Polluted/Toxic Shares in the Billions. This Pig can't Run , its Bloated and in extremely poor Financials.

[OMOLIVES]

The current conversion is @ .00056- and continues for three more weeks. That conversion is tagged with $59,000(already going), $150,000(already going)..and $150,000(starting next week).

Excluding what is already happening...another 267 million will be added next month from that $150k note....and then new notes start the following Month.

[Badali]

What happened with after trade HMBL great updates?

[ZZZ888]

Cant sink much further than where we are now!!! This turned into total crap.

[Arcglass]

The fact that nobody's talking about the New Humble Pro on here is making me think that this thing is sinking even further.

[jack7377]

HMBL#$$: Be prepared to be Disappointed. Bulba, smoking Bad weed will make you have Visual Hallucinations . This Bloated Pig ain't going nowhere but down.!

[jack7377]

HMBL#$$: Be prepared to be Disappointed. Bulba, smoking Bad weed will make you have Visual Hallucinations . This Bloated Pig ain't going nowhere but down.!

[TheSprinx]

Let’s see who can guess what the spread will be at bell open tomorrow.
I’ll say .0012 Bid and .0013 Ask

And what the days high and low will be?
I’ll say .0011 low .0021 high close at .0017

[jack7377]

HMBL#$$: Hey Bulba, you are talking about the absolute TRUTH. They will continue to Dump and the PPS will go down and then Blam! Fast and Furious a R/S will take place.

[Badali]

Never thing this even in the dream
HMBL will make another R/S
Keep my post

[MrBoomtown]

#HMBL $HMBL At the inception of this company it ran from .0001 to $1.78 wow. I believe in time it will surpass that amount just my opinion.
Lasciala andare da se

[camarotyphoon]

LOL
HMBL will buy Elon Musk's X

[Badali]

Why Elon will buy HMBL?
No chance

[NoMoDo]

What are you talking about? Maximum? When was that a thing? There is never maximum in price, only a minimum. If Musk announces that he has been secretly buying up shares and plans to buy HMBL for their tech, the stock would be over $100 in a week. Chances of that happening? I still buy lottery tickets. Still, quit talking out of your ass. Maximum.

We should not see .0005 because the convertible debt holders need a much higher price to sell. We have been seeing a wall at .001 lately because there is still someone unloading about 100mil per week - 20mil per day average. Only way to see .0007 at this point would be when Pacific Lion is asked for a new loan. It would be to their advantage to drop the price for 3 days following the request as they pay 70% of market for their shares. I'd like to say that even then, we shouldn't see .0007, but we haven't gotten out of that channel yet.

If this HMBL pro thing is good, we will benefit. Santa Cruz is also scheduled to go online this week. Results should be known within a month. That, my friend, will likely determine the trajectory of the stock. Good news could open HMBL to contracts all over California with tech already created.

[tenet]

Interesting indeed.

Fortune favors the bold.

HMBL

[MrBoomtown]

#HMBL $HMBL
Vedere qualche movimento.
There are a lot of buyers out there very anxious to jump in they just want to know the right time in my opinion, it's very near.
Buona fortuna a tutti.

[camarotyphoon]

LOL the market will show you the maximum
market cap is math