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That is funny!
Do you have any idea how many lawsuits Google and Microsoft go through a year??
It’s just lawyers trying to make money.
Like HMBL is the first company to be harassed by lawyers
He literally told everyone, publicly, that they have not sold a single share of $HMBL. He even explained why there was a discrepancy in the numbers.
Publicly stating and inferring that he is lying on a stock board for a publicly traded company seems like something that could get some people in some legal and civil trouble.
There will only be one class action lawsuit. The law firm with the client that lost the most will take the lead in the case.
There are two firms now that submitted motion for representation of a client that lost over $2 million. Will be put before the judge on October 6, 2022.
LOL, 3 weeks, 4 weeks, nail down that prediction please, so we can come back to it...
That's too much but 0.01 a share will happen stronger in a few weeks
HMBL is definitely in big trouble. There's something puzzling that's why the company filed S1 and so many class-action lawsuits. Surely it will be 0.01 or 0.02 a share in the next few weeks. Will see
LOL! I just got that. Little slow today I guess.
OMG! I always think the same thing when promoters say that!
Especially after they are litigated and indeed they were selling the whole time!
The “we haven’t sold a single share” could be correct in a specific sense…but that stock went somewhere that they they don’t or no longer control and I suspect they don’t want people to know where that is.
Not sure about the rest of them, but Brian’s contribution is actually meaningless. He is giving back some portion of shares for which it could be a decade before he could effectively monetize.
In fact while some people like to place a positive spin on that “contribution” in actual fact it is detrimental to shareholders because it is stock that would not be able to hit the float for many many years and turning it into stock which could hit the float much much sooner and in fact Carter may have already sold them.
Just like loading zone means not.
The cynic in me always reads that "haven't sold a single share" as "we really sold a whole lot of shares..."
I have to wonder if the shares are be “contributed” toward the acquisitions they have been making. Like what Foote has been doing.
The most interesting comment I’ve heard Brian say was about that extravaganza Christmas party with backstreet boy and he was claiming shareholders didn’t pay for it that he did. And then he posted the shares that he had donated back to the company.
Could he claim that that portion of the company belongs to him if they ever went bankrupt? Brian did mention in that last YouTube progress report that they were scaling back (like other tech companies) so I assume money is getting to be a big issue. I want to see where the bridge loan comes from this time.
Lots of reshuffling of those shares going on.
That is too funny. What goes around comes around.
Or as some may say Karma.
Well of course it will. how about back to .0001 where it started?
HMBL will soon drop to 0.01 or 0.02 a share. Something is wrong, in my opinion
Someone should ask Jeff what precisely was the change in the calculation. The answer would be very interesting I suspect.
He and Michelle may not have sold, but I am willing to bet they have gifted shares to entities they don’t control so they can be sold without the 144 restrictions.
Beneficial ownership definition is pretty straight forward. This wasn’t a change in the calculation so much as it was a transfer of shares to another entity.
These games are going to be their undoing.
What's with this tweet?
$hmbl so can we trust the content in S-1 or not, Jeff? https://t.co/Scnm5sOVlL pic.twitter.com/sQQ4IODfLu
— Perry (@perry314181) July 20, 2022
0.01 or 0.02 a share for HMBL stock could happen in a few weeks. LOOK like the HMBL has a problem. This is the reason that there are so many S/1s filed since last year and many other class action lawsuits. Will see
The class action and the S-1/A will soon bring HMBL common stock down to 0.02 or 0.03. In my opinion
Would the SEC be the cause of accountants and legal making changes with share structure of beneficial shareholders?
Differences in holdings were noted between the two last amendments - involving two of the founders.
Jeff Hinshaw explained it this way on twitter:
Jeff Hinshaw tweets today
To clarify some false information that is going around online, none of the four founders of HUMBL have sold a single share of HUMBL stock.
——
The difference in the number of shares owned by me and Michele in the S1 was caused by a change in the way our legal and accounting firms calculated beneficial ownership and not the result of any sales of shares by me and Michele. Neither of us have sold any shares.
———
———
Should the reason the numbers were changed be explained in actual filing??? How are investors suppose depend on filings when changes are made like that without explanation???
Did some shareholder take a page from George’s litigious history to file a shareholder derivative lawsuit????
Del. Investor Suit Says Humbl Directors Overhyped Biz Claims - Law360
5 days ago — Plaintiff Mike Armstrong, a shareholder from Massachusetts, alleges company leaders violated federal securities laws and failed to disclose ...
(66 pages)
https://www.law360.com/amp/articles/1512005
And smart traders also.
But that doesn’t count does it!
Can one say insides enrichment.
You know where it is coming from. The initial Preferred B merger consideration holders. I am not sure who exactly..but it should be obvious as to the potential individuals ;)
They have made a killing..and as I had said before...they should repeat such given the bank made. I wouldn't be surprised if there were a recently created entity for said purpose...solely. :)
Just amazing as to what he says and the real truth.
Those are real companies with revenues and capital. Meanwhile bf dilutes and banks and hmbl investors take the hit. Hmbl will not get bought out by Google lol or any company hmbl is garbage. Google can create the best Web3 before hmbl can they have capital way beyond means that can hmbl can ever do. The statements that you post make you look uneducated.
I have doubled my money on IBM and currently make $6.60 per share annually on dividends. First you asked for me to name 5 public Companies in the web3 space...which I did...and I also added some more.
I never compared Humble to these Companies.
Will they say from whom? Or wait til the next quarterly eith OTC?
He did press the last loan but failed to say it was his dad.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168422173
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168408897
Brighton Capital Partners, LLC(19)
8,547,619 - Number of Shares of Common Stock Beneficially Owned Prior to Offering(1)(2)(3)
80,000,000 -Maximum Number of Shares of Common Stock to be Sold Pursuant to this Prospectus
19)
Lucas Hales is the Manager of Brighton Capital Partners, LLC (“Brighton Capital”) and may be deemed to have voting and investment power over the shares. The address of Brighton Capital is 3500 San Mateo Court, Austin, Texas 78738, Attention: Lucas Hales, Manager. Brighton Capital is not a licensed broker dealer or an affiliate of a licensed broker dealer. Brighton Capital’s beneficial ownership is calculated as the termination fee shares plus the principal balance of the Note divided by the fixed conversion price under the Note of $3.15. The right to make redemption payments based on the market price of the common stock is wholly at the Company’s election. Brighton Capital has no right to receive shares other than at the fixed conversion price. The number of shares being registered for Brighton Capital is calculated based on the floor price in the note of $0.05.
(Brian Foote’s parents, sister and cousin were investors in HUMBL LLC and are investors in Brighton Capital. The foregoing relatives own approximately 26.67% of the investor interests in Brighton Capital and have no management or control rights over the operations of Brighton Capital. “)
Yes ... I just used the old backslash and combined them..lol.
Great more debt!
another bridge loan
Todays amendment #7
(Originally did a confidential version, then the S1 and now followed up with 7 amendments)
https://www.sec.gov/cgi-bin/browse-edgar?CIK=0001119190&owner=exclude
https://www.sec.gov/ix?doc=/Archives/edgar/data/1119190/000149315222019905/forms-1a.htm
Brian mentioned it in his company progress update.
Also mentioned another bridge loan was in the works.
He’s counting on becoming fully reporting so he can get other funding sources.
You’re not going to make 500% in any of those companies!!
SAMSUNG
APPLE
VERIZON
IBM
HUMBL is in good company if you’re comparing it to these guys!!!
LOL!!
OOOPS. Thanks, did not check!
Willful false filings come to mind to satisfy the ones waiting.
More lawsuits?
You mean...8. They have filed eight S-1/amendments as of today.
Well at some point they are going to run into a problem as they have some contractual obligations requiring they get an S-1 effective.
For example the Tickeri acquisition requires they do so (so the owners can sell the stock they were given) and I think they already extended the deadline once.
But at some point they may not and they can unwind the transaction…which wouldn’t be a good look.
That is why I believe they may be purposely sending in incomplete filings. JMHO of course
But SEVEN?
The old saying…”be careful what your wish for”….comes to mind.
Especially when the S-1 puts no money into the company coffers.
HUMBL does not stand a chance.
11 Ways Companies Need To Prepare For Web3 And Decentralization
https://www.forbes.com/sites/forbestechcouncil/2022/07/01/11-ways-companies-need-to-prepare-for-web3-and-decentralization/?sh=241c39f26844
That is bad enough Some investors are praying for the S - 1 to become effective now?
The insiders don't care. They are making mad bank without ever developing a viable business.
And none of that is the so-called "good dilution" that Foote needs. All those companies he's competing with in the crypto wallet space, not the least of which is ConsenSys, they all have something in common that Foote does not have >> the raising of capital. If he can't raise capital in the next 12 months -- game over. IMHO.
A contrarian investor is for exchange Traded stocks - on the OTC it is called the suckers investment theory.
IG
With its downloads on the hmbl app so far only 500+ and i believe metamask was at .84 per transaction. Metamask has high end investors and buy millions i forgot the numbers. But hmbl with low downloads the revenue wouldnt be substantial. Hmbl investors are delusional before it was the next paypal then compared to opensea. Even on twitter hmbl investors where stating hmbl will take opensea out of business they failed now its the next metamask. All the speculation makes the investors look desperate and bf looks even worse cause he pumps it. Hmbl has no direction or business sense bf is like a ambulance chaser and copies all the trends but by the time bf starts the trend is over. The fact that bf blames covid should say it all he said because of covid the revenue was low and bf tried to implement tickeri and on the cc 2021 in july said 100 million by the end of 2021. Bf said basically he messed up and thought the ticket sales would bring in revenue but he failed at that too.
Yet bf is at the all star game. With his motto no days off he takes a lot of days off and it is costly. MLB all star game isnt cheap. Bf didnt post any pictures and why? Hmbl investors pay for bfs lavish life
You think they will be around in a year? They will need more funding. At some point his family money should run out and he will need another source of funds. The competition by then will be staggering. As will regulations.
The wallet shows minimal downloads at this point.
Brian used up his initial fan clubs funding when they sacrificed it all for him -
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168673360
The class action lawsuit will probably discover much more on what went on behind the scenes.
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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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