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And here it is!.. This Company needs to be held accountable for this print:
HUMBL and the Oregon BlackBears Deliver Innovative Digital Ticketing Program
San Diego, CA, May 28, 2024 (GLOBE NEWSWIRE)
https://www.otcmarkets.com/stock/HMBL/news/story?e&id=2873260
They really...really fd' it up with that!! Look here:
https://www.theafl.com/stats#/1999/schedule?season_id=4976
There are no games being played by the Oregon Black Bears. And they haven't said anything in over a week(Oregon). Both parties fn' knew that they were broke and booted before it was even sent to print. That alone should kill this.
Total ass hat a-holes for doing that.
Read it again. Look for words like "Main debt" followed by "Then in mid July, another $385k will come due." That should tell you that I am talking about convertible debt that can be converted immediately.
The convertible debt that can be converted right now was what I listed. After that, $385k will be converted in mid July. Then an average of about $100k a month (was actually $120k/month) will be converted going into the end of the year. The $1.8bil going to Monster was likely converted after the 1st q but before May 11. Recently we saw another $1.7 bil added to the OS. This last week we had what? 4 days above 250 mil shares traded? Another 300mil today. The Q ending March 31 listed OS as 11bil. I think it is above 15mil now. I expect another 1.6 bil with the next update. I expect that all the regular debt that can be converted, with the exception of BRU has already been converted and soon we will hear about a ton of shares sold from BRU to a 3rd party and immediately dumped.
The related party convertible debt was Monster - and only Monster. $785mil or about 1.8bil. Coincidentally, the same number HMBL reported as being converted from debt as a subsequent event.
NOTE 15: CONVERTIBLE PROMISSORY NOTES – RELATED PARTIES
The Company issued convertible notes payable – related parties as follows as of March 31, 2024 and December 31, 2023. The chart below does not include convertible notes payable – related parties that were repaid or converted during 2023. Refer to the Form 10-K for the year ended December 31, 2023 filed March 28, 2024 for a full description of those notes:
March 31, 2024 December 31, 2023
Monster Creative purchase – June 30, 2021 $ 781,830 $ 1,381,830
Less: Current portion (781,830 ) (1,381,830 )
Long-term debt $ - $ -
Your numbers aren't adding up. From April 1 to May 20th, they issued 1.8 billion shares from conversions of debt and accrued interest. That doesn't come close to the amount you suggest. They also added another $600,000 in convertible debt during that same period. If we assume that all of the unrelated convertible debt from the November 2023 notes have been converted...that still leaves the rest of this:
On December 19, 2023, the Company issued a Promissory Note in the amount of $220,000, due December 19, 2024. A one-time interest charge of $22,000 was added to the note, and an original issue discount of $20,000 was reflected that provided net proceeds of $200,000 to the Company.
On January 4, 2024, the Company issued a Convertible Promissory Note in the amount of $55,000, due October 30, 2024. The note accrues interest at 9%, and an original issue discount of $5,000 was reflected that provided net proceeds of $50,000 to the Company. The note is convertible at a 35% discount to the lowest trade price of the common stock in the previous 10 trading days.
26
On February 12, 2024, the Company issued a Promissory Note in the amount of $55,000, due February 12, 2025. A one-time interest charge of $5,500 was added to the note, and an original issue discount of $5,000 was reflected that provided net proceeds of $50,000 to the Company. In connection with this note, the Company issued a Warrant to Purchase Shares of Common Stock for 25,000,000 shares. The warrant is exercisable for three years and has an exercise price of $0.001.
On February 14, 2024, the Company issued a Promissory Note in the amount of $66,000, due November 15, 2024. A one-time interest charge of $9,900 was added to the note, and an original issue discount of $11,000 was reflected that provided net proceeds of $55,000 to the Company.
On February 22, 2024, the Company issued a Promissory Note in the amount of $220,000, due February 22, 2025. A one-time interest charge of $22,000 was added to the note, and an original issue discount of $20,000 was reflected that provided net proceeds of $200,000 to the Company. In connection with this note, the Company issued a Warrant to Purchase Shares of Common Stock for 100,000,000 shares. The warrant is exercisable for three years and has an exercise price of $0.001.
On March 13, 2024, the Company issued a Promissory Note in the amount of $121,000, due March 13, 2025. A one-time interest charge of $12,100 was added to the note, and an original issue discount of $11,000 was reflected that provided net proceeds of $110,000 to the Company. In connection with this note, the Company issued a Warrant to Purchase Shares of Common Stock for 50,000,000 shares. The warrant is exercisable for three years and has an exercise price of $0.001.
On March 26, 2024, the Company issued a Promissory Note in the amount of $121,000, due March 26, 2025. A one-time interest charge of $12,100 was added to the note, and an original issue discount of $11,000 was reflected that provided net proceeds of $110,000 to the Company. In connection with this note, the Company issued a Warrant to Purchase Shares of Common Stock for 50,000,000 shares. The warrant is exercisable for three years and has an exercise price of $0.001.
And now comes the Big Move Up!!!... Yup!!!
Struc
Are you not tired of being an idiot. This is going to .0001 and then a R/S! Do you have any morals? More importantly, any brains?
Dilution eod and
.0003s are here
Man that was excellent
Ty
HMBL reduced it's debt by $1.8mil from March 31 to May 11. See 1Q subsequent events.
The main debt is/was as follows:
$585k convertible loan matured 5/11/24 likely converted (about 1.3bil)
$781k Monster convertible loan likely converted (about 1.8mil shares - see above)
BRU $1.2mil. Likely 1.1bil shares to go. BRU is working with HMBL longer term. They won't want to kill HMBL, but they likely have been slowly dumping shares when given a chance. This debt matured on Jan 11, 2024 and wasn't reported as converted as of Mar 31.
Then in mid July, another $385k will come due. After that, about $100k per month through the end of the year.
Why is debt more important than share count? Share price combined with convertible debt determines dilution. BRU is straight conversion - $1.2mil converted as whatever the share price is below .003. The above first two convertible debt offerings above were based on 70% of share price as is all other upcoming debt. It pays the lender to bring the stock price down so they can get an endless supply of shares(toxic financing). This is why some are amazed that the stock price is not at .0001 because whoever is buying all the dilution has kept the company alive. If the $585k loan and Monster are gone, there is no longer an incentive to drop prices until mid July. Once debt is controllable and even a small net profit exists, a RS can happen and the share structure could be normal. A RS is only scary if the company cannot show even a $1 net profit. Equity financing reduces the ownership of all, but debt financing bury companies that cannot show a profit in a reasonable time.
Santa Cruz gov "beta test" has been going on for 6months.
They are overrated and overpaying at 0004!!!
You overpaid for them cheapies àt .0007
So HMBL has roughly a market cap of $5m at .0004.
The mass majority of total volume over the past six trading days have been newly issued/unrestricted shares sold into the market. Refer to DTC( 5-22 through 5-29). It's an outrageous turn percentage....and not holdable to say the least. Like fast...
But the pumper clowns are loading!
155,000,000 SHARES sold at the end of the day at 0004...dammmm.... here comes the 3sssss
They will claim it is a buying opportunity.
So what about the R/S?
Clowns!
Añd after 0001 they better get/sell out/because if a reverse split comes around...
Hey surf/These clowns got 3 more points to go down to 0001...then what are they going to do?..
But the clown pumpers will claim it is a good thing and they are scooping up shares. LOL
I had a feeling like 8 months ago that this was not going anywhere añd that a reverse split was inevitable...
OMG... this thing went down to 4!!!???!!!
Could be uglier than that too.
To just drive this home.... http://www.arenafan.com/news/?page=pressrel&article=14217
Not cool man...sorry. Bad PR
Well..that is pretty damn close. I am being extremely polite given the reality. It's that bad....man...lol. What the fk' were they thinking?
That's what investors need to see the fraud
!! Wow....now that "pr" today looks like complete horse shite'. This is so bad...lol....:
https://www.theafl.com/news/arena-football-league-afl-appoints-new-president-c
Looking ahead, the AFL will continue to operate as a 9-team league, featuring the following teams:
Albany Firebirds
Billings Outlaws
Nashville Kats
Orlando Predators
Salina Liberty
SW Kansas Storm
Washington Wolfpack
West Texas Desert Hawks
Wichita Regulators
I'm not even thinking about a reverse split. Just do not think it matters at this stage.
Yes...the PR is very misleading and questionable. It's not a complete lie..given "in any future 2024 games"...but there aren't any future games currently. So, this is a completely misleading public relations statement..and the type that the SEC loves to see.
That could be why the website to buy tickets is down? SMH! More lies and racing to a R/S which will wipe out investors. Where are the clowns to defend this one now.
Did you see, they are averaging down? Yes the clown pumpers claim to be averaging down! LOL
https://oregonblackbears.com/tickets
Oh..and to follow up...the game is definitely in Nashville...tickets:
https://www.ticketmaster.com/nashville-kats-nashville-tennessee-06-16-2024/event/1B005F8CB94E39B1
It's a really..really...really inappropriate public relations statement by both organizations..that beeing Humbl and Oregon Blackbears. It doesn't nesecarrily flat out lie....but it is so fn' wrong!..
Look here:
https://www.theafl.com/stats#/1999/schedule?season_id=4976&all
The next game is on June 16th...and that is the only game currently for the rest of the season. It also says it's in Nashville.
!!!
In any future 2024 home games, HUMBL and the Oregon Blackbears will continue incorporating new advancements in digital wallets and blockchain technology.
Right after the merger
When is the next season of American Greed?
Humbl doesn't have anything but shares
After the merger
When will Mr Foote be on CNBC again?
100 mil at .000475 to be exact
WOW...0005....0001 soon...
So called investors claiming they are loading up with a R/S guaranteed?
BULLSHIT Or FOOLS? LOL
That's what I did.. Not today, but last week. But you could you not? $550/1mil shares? I tried a few times to buy at the ask, but they wanted to give me a discount.
Average down. Again.
Just took a look at stumble , it ain't humble. Dang .0005! LOL with a whopper of an RS coming in ha ha ha
Don't forget about this:
— Prav (@FiatP2P) May 28, 2024
"On Sunday, Thibodeaux confirmed with Arena Insider that he was never involved with the league and instead said his name was used for publicity."#AFL #HUMBL $HMBL https://t.co/wrM4yTLY9X
Need to be able to use the website first. But making the same mistake is progress? Just like the 6 trailer license sales?
They aren't in the league anymore lol bf pumping because of the Ticketmaster lawsuit bf is a ambulance chaser
This is what we are betting on. Same with the beta testing with the gov.
“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.”
They did not learn their lesson? Plus the website for tickets is under construction! What a friggin joke!
https://oregonblackbears.com/tickets
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HUMBL will allow you to send, receive, exchange and borrow money at up to an estimated 50% savings vs. competitors.
HUMBL will be working with partners in Latin America, Caribbean, Africa and the Asia Pacific in countries that have been overlooked or underserved by traditional payments and financial service providers.
CLASS ACTION
LAWSUITS FILED
Quick review of claims
2. Throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business and operations. Specifically, Defendants made false and/or misleading statements and/or failed to disclose (1) that the HUMBL Pay App did not have even the basic functionality that it promised investors; and (2) that several of its hyped international business partnerships had a very low chance of contributing material revenues to the Company’s bottom line. As a result, the Company’s public statements were materially false and misleading at all relevant times. 3. Defendants also sold a series of highly speculative unregistered securities called BLOCK Exchange Traded Index (“ETXs”) products. These
https://www.humbllawsuit.com/_files/ugd/157867_cd077ccd1b51499996606718b32b36dc.pdf
NEW YORK, NY / ACCESSWIRE / May 20, 2022 /Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against HUMBL, Inc. ("HUMBL" or the "Company") (OTCMKTS:HMBL)and certain of its officers
https://www.barrons.com/articles/shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-humbl-inc-hmbl-investors-of-class-action-and-encourages-investors-to-contact-the-firm-01653059779
*
HUMBL is a Web 3 platform with product lines including:
The HUMBL Wallet™, HUMBL Search Engine™, HUMBL Social™
HUMBL Tickets™, HUMBL Marketplace™
and HUMBL Authentics™
For more information, visit - https://www.humbl.com
Company Update - Q2-Q4 2023 - May 18, 2023
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