HUMBL Inc (HMBL)

[Jahvik]

San Diego, CA, May 28, 2024 (GLOBE NEWSWIRE) -- HUMBL, a leading digital technology platform, has renewed and expanded its partnership with the Oregon Blackbears to deliver an innovative digital ticketing program and fan experience. HUMBL is built on fully-verified profiles and new digital technologies, improving the cost, transparency and digital authenticity of tickets for fans, teams, leagues and venues.

In any future 2024 home games, HUMBL and the Oregon Blackbears will continue incorporating new advancements in digital wallets and blockchain technology. HUMBL’s ticketing program aims to enhance the fan experience, while providing unprecedented levels of security and authenticity in ticketing and merchandise.

About HUMBL Tickets

HUMBL has developed a digital platform built on fully-verified profiles and digital wallets, allowing for reduced fees and improved authentication in ticketing.

Digital Identity: HUMBL is built on fully-verified profiles, allowing fans, buyers and sellers to ensure that they are performing a transaction with a verified counterparty in areas like digital payments, blockchain ticketing and authentic merchandise.
Digital Wallets: HUMBL’s digital wallet system allows fans to sell or transfer tickets directly without intermediaries, eliminating excessive middleman fees and cumbersome processes.
Blockchain-Authenticated Tickets: HUMBL Tickets has introduced blockchain-based NFT-PMs (Non-Fungible Tokens with Private Metadata) for ticket issuance. These tokens combine public metadata (event date and location) with private metadata (specific event and seating details). Fans can now enjoy secure, verifiable tickets that are resistant to fraud and counterfeiting, which has been a major issue in the current ticketing markets.
Digital Certificates of Authenticity: The HUMBL Token Engine also creates Certificates of Authenticity (COA’s), allowing fans to collect authenticated merchandise that establishes tracking and provenance, mitigating fraud and counterfeiting of jerseys, footballs and more.
Reduced Fees and Enhanced Authentication in Ticketing

Reduces Fees: Traditional ticket reselling often involves high fees charged by brokers or platforms. With HUMBL Tickets, these exorbitant fees can be significantly reduced, ensuring that sellers can retain more from their sales and buyers don’t overpay on junk fees.

Eliminates Middlemen: Ticket holders can sell their tickets on any digital asset marketplace or directly to another individual without the intervention of secondary market merchants. This process is more straightforward and secure, thanks to blockchain.

Prevents Counterfeiting: The unique, cryptographic proof of a blockchain-authenticated ticket makes it virtually impossible to forge or duplicate, addressing a common problem in the ticketing industry around the world.

Ensures Authenticity: Every transaction (sale or transfer) of a blockchain-authenticated ticket is recorded on the blockchain, providing a transparent history of its ownership, sale and transfer. This traceability helps buyers ensure they are purchasing legitimate tickets.

Enhanced Security and Privacy: By keeping specific ticket details private, the HUMBL’s system safeguards sensitive information from public exposure, enhancing security and privacy for the ticket holder in their digital wallet.

HUMBL and the Oregon Blackbears Have Delivered a Successful Ticketing Program

“We have had a great experience so far with HUMBL as a company and service provider,” said Oregon Blackbears President, Pat Johnson. “HUMBL has been working through the kinks with us over the past three home contests and we are very pleased with the progress that we both have made together,” continued Johnson. “We are excited to be the first pro sports test case for HUMBL as they prepare their technologies for global scaling. We look forward to working with Brian and his team for the remainder of our 2024 season, and in future home games for the Oregon Blackbears, showcasing how new digital technologies can disrupt the ticketing industry here at our arena and with other pro teams and leagues around the world.”

In addition to renewing with HUMBL Tickets for the remainder of any 2024 home games, the Oregon Blackbears have expanded their agreement with HUMBL to include the development of an Oregon Blackbears mobile application, HUMBL Authentics merchandise and HUMBL.com streaming integrations.

HUMBL’s New Verified Technologies Can Disrupt the Digital Ticketing Market

“With the latest legal filings by the US Justice Department against Live Nation, Inc. and Ticketmaster, the market has never been more appropriate for companies like HUMBL to reduce junk fees, improve fraud and forgery controls and deliver a safer, cheaper and more innovative customer experience in digital ticketing,” said Brian Foote, CEO of HUMBL. “The Blackbears have been an excellent test case for HUMBL to test and refine our model and we have appreciated the opportunity to do so in a pro sports and arena environment.”

About HUMBL

HUMBL is a digital technology platform with core product lines including the HUMBL Wallet™, HUMBL.com and HUMBL Authentics™. HUMBL is built on fully-verified profiles, allowing consumers to have more trusted digital transactions, in areas like chat, payments, ticketing and merchandise sales. HUMBL has performed digital integrations with athletes and teams from the NCAA, MLB, UFC, WNFC, NASCAR Xfinity, World Surfing, World Rugby and more.

[Acme Investments]

I'll take your word for it!! As far as your faith in fmbl I'm glad you won't be hurt by your losses!! Congrats we all made money we probably never thought was possible!!

[jimr1717]

Crumbling

[NoMoDo]

I made $8.6mil between FORW and HMBL. I kept $500k of that in HMBL that I used to daytrade. That $500k is substantially less in value. If you go to FORW board from before it went from .0003ish to a buck, you will see that I posted many of my purchases.

I can't leap tall buildings, but I have bought a few warehouses and other buildings.

[Acme Investments]

Can you also leap tall buildings in a single bound?? Lol 😆 Good luck!!

[NoMoDo]

Lucky for me, I have the money.

[Acme Investments]

That's what they all say!! They dumped 483 large in one day!! That's 48 K at .0001!! Your pockets aren't deep enough!! 😁

[NoMoDo]

Well not so genius... a RS doesn't change ownership, it just divides the pie into less pieces. The reason a RS generally goes very bad on the OTC is because the company that dilutes a ton of stock for cash used for worthless things, will continue to dilute after the RS. Everyone knows that, so they see a RS and they dump.

HMBL is diluting a ton of stock for cash. They originally used it for really stupid things... like a huge office, companies that didn't fit their area of expertise, and digital cartoon pictures. Not to mention buying a hotel room at the Hard Rock Hotel. And... don't forget the warrants they issue for everything.

On the other hand, they bought Tickeri and learned the business and then dumped it instead of paying full price. They have been using consultants to create a wallet that is being beta tested in Santa Cruz that could give HMBL a competitive edge above major players. Initially more expensive, but once the product is completed, no more expense. If HMBL gets rid of their debt - hopefully almost done. Then the RS. We will likely take a 30% haircut immediately if no gov contract or other sports team announced concurrently, followed by a 400% rise within 4 months.

The only problem with this company at the moment is the use of stock to pay it's bills. It is necessity, but painful. The moment the share structure is where it should be - including being able to pay it's bills, the stock will move up. Question is... will the company get the gov contract, sports league, or sell enough Taylor Swift guitars or RG3 helmuts to start becoming profitable? I think it is worth the gamble and buying the stock at .0006 means regular people can buy millions of shares knowing that they will become 100's of 1000's of shares that are proportionately about the same value.. Some have bought 100's of millions recently.

[surfkast]

Let's see .0004!

[Slaytanic420]

This is done bf don't care

[surfkast]

So at no bid you would load up? Then what happens after the R/S? Sheer genius!

[NoMoDo]

It stayed up for so long because it has potential to be a very profitable company if it can get a government contract or if it becomes an established ticketing/merchandising company. It is always a huge gamble for public companies in their early stages, but a few of them become household names. I believe that this one could be one of those companies. If not, I will move onto the next one.

BTW, if it were to ever get to no bid, I will buy into the ask until there is a bid... and then some.

[Acme Investments]

Don't know how this ticker has stayed up this long!! Should have been at no bid a long time ago!!

[surfkast]

And how will they make a profit? Hopium? They have no revenue stream to get them into the black.
Plus, when do you think they will R/S. At this pace my December call may be way off, July? August?

[Huggy Bear]

It was a fraudulent enrichment scheme from jump.

[OMOLIVES]

Welp..they are definitely coming a lot sooner now - 1.7 billion selling @ .0005 equals $850,000 in one Week. I haven't looked at the DTC...but what hasn't sold will be...and what has sold has been sold higher. It'll still be the same rough number.

And so it goes....

[NoMoDo]

243 mil shares were traded today. Most were likely dilution. Nobody here ever thought it wasn't dilution.

Roughly $130k was traded today - hopefully (and likely) at least $100k was due to conversion. Why? Because it is going to happen whether the bashers freak out about it or not - and they will. Olives will do his outstanding report as if nobody knew it was coming - he will shake his head in disbelief. Surf will make some stupid comment about the "clowns thinking it is a good thing. Anyone still here (as in those who actually own stock) already knows that $585k worth of stock will be diluted this month. No need to worry, it is coming. $585k will convert to about 1.3 billion shares. We might be about 60% of the way done - just a guess.

For those still in a panic, the company has converted about 5 billion shares starting at .0007. The stock price went to .003 after the conversion started, and then back down to .0005 this last month. Why .0005's? Because the lender who converts gets a lot more shares when they can lower the price. Eventually, when the $585k is converted, things will get better until Mid November, and then again in mid December. If HMBL is able to get a gov contract before then, no problem. If not, we will get to see you pop back here to tell us the sky is falling.

As for "this company is out of control" comment. If you said that a year ago, I would quietly agree - not on a message board as I own the stock and a lot of it. Right now, they are working on eliminating their debt. They still have a burn rate of roughly $250k/month. Hopefully by the time the next q comes out, that will be below $200k/month. It is a long haul, but eventually the company with either go out of business or it will make a profit. If it makes a profit, the stock price will go up substantially. If they are able to get a few sports teams or big concerts lined up, the price could be even bigger. Don't spend more than you have. Don't use your lunch money.

[OMOLIVES]

!!!Holy shit!!!!!..they are dumping everything...share update:




!Another 447,604,600 shares added within 24 hours ...

[Slaytanic420]

$HMBL otcmarkets updated just now. O/S as of 5/23/24 is 15,288,191,474, representing an increase of 448M since yesterday. All 448M added directly to Unrestricted. This makes the #10 largest one-time increase in O/S. This also breaks the record for days taken to increase 1B O/S. pic.twitter.com/btOLkrjLlk

— Perry (@perry314181) May 24, 2024

[OMOLIVES]

I don't think....It hasn't been on my l2 for ever..so don't watch it like that. I was surprised when it .0005's that fast.

[Slaytanic420]

Possibly opening s at 0004s tomorrow

[OMOLIVES]

They are getting larger and I believe just hit the low @ .00047

[Slaytanic420]

109 million dump at close

[Fdc4]

Bags and bulls can’t justify what is really going on this time. Unless there one enough smoked to say 99M sell was a weak hand selling, nothing to do with dilution 🤣 😂 😜.

This Company is out of control

[surfkast]

Rampant criminal dilution! Where are the cheerleaders saying this is a good thing? LOL

[Propain]

what are you referring to?

[Zorch305]

Citadel first.....

[OMOLIVES]

I just can't believe how they completely brushed over the AFL debacle. Definitely not being transparent there...but instead...issue over 1.2 billion shares within 4 trading days! What a-holes man..seriously.

[Slaytanic420]

It's ok it's for acquisitions lol

[OMOLIVES]

!!These mother frs'..et al...rat bastards... just did it again...another 350 million:



That is roughly 1.2 billion shares within one week. It's so over..........

[surfkast]

Clueless idiot troll can't see the forest for the trees. SMH

[jimr1717]

.0000000005 soon Fumble

[shots60]

When???

#Fearmonger

Inquiry minds wound like to know!

SHM!!!!

Clueless Horse gambler!!!

[surfkast]

Thanks ! LOL

[blueyedguy]

Though it maybe your opinion I'd like to correct you. I'm sure it was just an oversight. My correction: "they Fuxcin suck". Hope you don't mind the edit.

[surfkast]

But the company is debt free! The sell trailer parking permits. The sell football tickets. They sell merchandise,
. They.................SUCK!
LOL

[pdmihopefull]

Did I see 60 million shares sold at 5sss today!!!

[surfkast]

We will soon be seeing .0001. But the clowns will say it is good for the company! 😁

[pdmihopefull]

Do I see 5ssss!!!

[surfkast]

Many warning were issued. But the clowns seeing hopium believed! .0001 and then a R/S sooner than later.

[m$teamworkotc]

what a fing SCAM this turned out to be...Foote family ATM

[surfkast]

(-21.43%)

[surfkast]

Probably a good percentage of the following.
General and administrative expenses $2,598,595 (For the quarter!)

[Slaytanic420]

$¹ per year lol 😂😂😂😆

[NoMoDo]

How much money does the CEO make?

[Fdc4]

Look it is fine it created revenue but it dilutes millions!!! Where is the liability and debts? None sense … They are making candy compare to what CEO and execs get paid too. This company is an ATM

[Slaytanic420]

$HMBL generated $342K rev in Q1 '24, representing a 4% increase QoQ. Both Ixaya and Merch continue to step up and contributed $226K and $106K, respectively. Together they make up of ~97% of the revenue. Tickets revenue has abruptly drop to zero due to focusing on AFL development. pic.twitter.com/P4H7o2QwE9

— Perry (@perry314181) May 20, 2024

[OMOLIVES]

eh....that's nothing:



Consumer is their collectibles mainly. They are just dumping inventory at a loss. The commercial is Ixaya mainly....which is a "black box"...lol.

[surfkast]

OPERATING LOSS (2,565,730 )

[surfkast]

This says it all!

The payment services in the US is powered by NIUM Inc. and the program is sponsored by CFSB to which NIUM is a service provider. HUMBL is not licensed, nor exempt to provide any payment services in the US