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Because there will be a window of time when they announce the city wallet and the stock will hit 8 cents.
Why would you buy with a R/S pending and no potential revenue stream on tap.?
You are FOS!
And back up to the .0004-5 range. I bought $15k worth a week or two ago. Posted some random buys before they posted to show you I was serious. Since I am in for the long haul, I would rather it go to .0001 on the ask for a moment. I expect that HMBL will announce some sort of deal with Santa Cruz before then, so I will continue to buy along the way. Just in case.
Someone is gobbling up the .0004’s.
Finally walking it all the way down!! Let's see if that multi millionaire loads up??
I knew this stock was never going anywhere... hate to see it die to 000001...
But they will be debt free. Be selling dog licenses and will get .50 from football! LOL
Do I see 0003 as today's low...OMG...0000001 soon... suckers...
Insider enrichment from day 1. All thanks to George Sharp!
even trailer trash in el cajon ca make more money than $49k per yr so they can afford to enter a trailer park owned by some one else. sheesh!!
THREE MONTHS ENDED MARCH 31, 2024
REVENUES $342,379
COST OF REVENUES $292,469
GROSS PROFIT $49,910
Total Operating Expenses $2,615,640= $7265 burnrate per day. $218k burn rate per month.
3 c8 2024 Lt1 corvettes per month !!!!THIS IS NOTHING MORE THAN A SCREW JOB SO RICH DEMONCRAP CAN KEEP UP THEIR ERODITE ARISTOCRAT LIFESTYLE
Yeah, he needs to put the dilution at inventors expense
What you say is true but not what he’s claiming. He has displayed his inability to tell the truth in the past.
Well, you could be right but he was posting at that time when the stock was TSNP. and in the trips. That I know.
I don’t doubt what you are telling me. However, he missed millionaires row by hoping it would continue to rise. It dropped as quickly as it rose.
Just so you know, there were a lot of millionaires made in Jan. 2021, including me. I do remember him, so no guru just luck.
Nope he means to deceive people into believing he is some kind of stock guru
Carlson, did you mean to say you MADE $2 Million? If so, you need to set that record straight. We both know you didn’t MAKE $2 Million.
Business is booming! LOL. There will be a stampede to use HMBL products! Not!
THREE MONTHS ENDED MARCH 31, 2024
REVENUES $342,379
COST OF REVENUES $292,469
GROSS PROFIT $49,910
Total Operating Expenses $2,615,640
Thanks for the Hopium! SMH
Narrator: He in fact did not make $2 Million in 2021
How much are you stuck in the CE $COA?
Dead $$ that you can’t get back minus your 40% taxes you supposedly paid…
That’s all???
Guess the panic button was hit early!!!
I made $8.6mil.
No they aren't. Try to keep up. Almost all of the shares were to eliminat the debt. I have dealt with government contracts before. Generally a requirement of doing business with the government is to show a viable business. That means a plan to stay in business that doesn't include dumping shares to survive. It means little or no debt. For a public company, it means a proper share structure.
My guess is that the rush to eliminate debt was done to get a government contract. I said this back in February. The OS mean very little. The debt meant everything. They wiped out the debt and it cost all shareholders a smaller piece of the pie. It will benefit the shareholders if they are able to get a contract that makes the stock worth bucks. So when Surf stated that no signs of life were visible - "no factual belief..." whatever, he was wrong. The elimination of debt is a huge sign. Did you notice that someone dumped shares to bring the price down to .0003? Did you notice that the selling pressure dissipated? There is still selling, but the price rose to .0004-5 range again. I think we will see it move up a bit from here soon. Even if it doesn't, the next Q will tell us about any remaining debt. If the toxic debt is gone and Monster is gone, all we have is 120mil shares a month that will likely be reduced to 4mil a month with a 30 to 1 RS.
You are the troll that you complained about in the question and answer board.
When a company doesn't have a product on the first day, they will spend money to create that product - without an actual factual income. The company has been creating a business from day one. If anyone thought that there would be no debt and no dilution, they have no clue how businesses are funded.
Now, Foote spent money he shouldn't have - lots of it. It isn't unusual for a company to waste money on ideas. Foote probably felt rich in the beginning and likely didn't understand the slow painful amount of time it takes to bring a similar product to market. Much of his ideas were decent, but a few expensive ones didn't pan out - like ETX. Though ETX will likely come back into the mix soon enough. I think after this hits, he should pay the company back out of his own pocket for about $10mil in wasted money for things like a cartoon monkey and a purchased hotel room and an expensive office and....
The only question for stock holders here is... "when will the government wallet and/or a successful ticketing venue come online?" The ticketing thing already is in play. They will likely receive a little from the AFL, but they are building a resume of operations that can be duplicated for any other venue - regardless of how the AFL does. The Santa Cruz wallet thing should be up and running soon enough. I haven't heard of any complaints and I don't believe anyone else has either. I haven't looked into the deal, but I thought a decision was to happen in June. I know the original agreement stated something to the effect that when the deal is finalized, the city could use the wallet for any or all other gov functions. So it isn't just about fishing licenses and dog tags - or whatever they are doing now.
As for the big scary RS... a RS will kill investors if they do it when there is still enough toxic debt to control the stock price AND there is no viable product (and the company hasn't figured out how to hype the business). Foote isn't good at hype, so he needs a viable product. I believe that the city wallet AND the ticketing venue could go into play at any moment. It could happen in cities across California. It could happen at any or every concert hall in the country. It could happen Monday. It could happen in 6 months. It could happen in a year. Just based on the amount of fraud in ticketing and identity theft in documents, I believe it will happen and that HMBL's method seems to be sound enough.
If the company announces that they got one of the two above on Monday, along with a 30 to 1 RS, the stock would rise to about 3 cents until the RS. At that point, the stock will move to dollars (RS adjusted). Why? A stock with 500mil shares that has created a system that can be duplicated across America at very little or no additional cost and the payout could be huge - that would bring the stock way up. This business model is similar to Clear Secure (ticker YOU) trading at about $18 and IMO way unvervalued. RS specific = Take a look at Priceline after their RS. Take a look at PPHM (now CDMO) after their RS. There are not many RS's that caused the price to appreciate, but those companies that eliminated debt and then properly conveyed their plan to success, made bank. 1000 bagger, 5 bagger... An RS is just a slicing of a pie in smaller pieces and selling those pieces for equally more money. So I will end up with 62mil shares after a 30 to 1 RS. But those shares will be worth 30 times more. All the same. If they are able to convert the wallet or the ticketing venue idea into a winner, I will be sitting very pretty and you will be shaking your head.
Chuckles… I am only hopeful that you didn’t figure this out just now. 😂
NoMoDo
Member Level
Re: carlson post# 122386
Saturday, June 08, 2024 2:29:58 PM
Post#
122387
of 122395
The RS was too small and done too early (before any debt could be retired). What messed up the company was out of control spending in the beginning, failure to secure enough loans to cover the time to completion, and providing a former founder too many free shares without asking for additional work. The latter was likely an attempt to buy needed tech instead of dealing with a lawsuit later down the road. He thanked the company by dumping his shares on the open market the second he was able to sell - billions of shares.
At this point, the debt is almost under control. They still will have about 120mil shares dumped into the market every month for the next year starting mid July,
But the shares are for acquisitions
There is no factual reason to believe the company will be profitable in the near future. As for the shares, they are dumping over 1 billion per month.
A gentle R/S to quote George Sharp, would be meaningless. I predict a big R/S that will wipe out investors with a rapid PPS decline which will further kill investors..
As of March 28, 2024, there were 12,961,676,233 shares of the registrant’s Common Stock outstanding.
Outstanding Shares 15,641,452,474 06/07/2024
Authorized Shares 22,500,000,000
It's a wipe out
Then a rinse repeate again R/S that right a Reverse Split will decimate shareholders AGAIN.
Good thing I made huge $ selling off my shares long ago.
The writting was on the wall early I should have sold earlier but I still made big $
Skeeeroooo the retail investors, a common theame.
I still have small amount shares from the last run. After split a few years back it is still sinking. I think they are looking to make this debt free and controlling on spendings.
I am expecting down trend will hit no bid here before to make run.
More like death by a thousand cuts!! Lol 😂
This is crashing rapidly and there is no sign of any revenue production in the foreseeable future.
a profit from ticket sales, gov wallet, and or the social media/business use, Nothing but Hopium. How many years of a nothing burger? Look at the financials without laughing!
actually made money on the Arena Football League, There is no way that s happening!
Is The Newest Arena Football League Already Collapsing?
https://defector.com/is-the-newest-arena-football-league-already-collapsing
The RS was too small and done too early (before any debt could be retired). What messed up the company was out of control spending in the beginning, failure to secure enough loans to cover the time to completion, and providing a former founder too many free shares without asking for additional work. The latter was likely an attempt to buy needed tech instead of dealing with a lawsuit later down the road. He thanked the company by dumping his shares on the open market the second he was able to sell - billions of shares.
At this point, the debt is almost under control. They still will have about 120mil shares dumped into the market every month for the next year starting mid July, but that is nothing considering the total OS and the cost of 120mil shares. Once they can show a profit from ticket sales, gov wallet, and or the social media/business use, the company will have value. Provided they can show a profit. Still a big risk, but at this point, I believe well worth the risk.
The company will need to do a RS soon enough. This time a minimum of about 15 to 1, but more likely 30 to one. That would make the 120mil/month share dump a 4 mil share dump give or take. If they do the RS at the same time as an announcement that they just retired the regular debt (which they already did this month) AND that they just got a gov contract OR they actually made money on the Arena Football League, we could see a 1000x increase in stock price. As someone wise once said....
Reverse split messed everything up!!!!!
Why do you think so? Just curious.
WOW!!! Brian and George really messed this up!!!!!!!!!!!!!!
On hs one person? S2 why humbl prs Oregon when they aren't playing anymore and aren't in a league no answer from bf and the! other users praising bf lol they sound like modo
1130 users it's bunk they steal news from X and post on hs
It is a POS and not desirable. SMH
(WATCH) REAL WORLD TEST...
— Markeyz 🇺🇲 (@shopmarkey) June 6, 2024
Showing speed and detail of the BLUE AI assistant by HUMBL PRO/HUMBL SOCIAL$GME $AMC $APE $CRTD $FNGR $MMTLP $BBBY $GNS #NakedShorts $HMBL $NSAV pic.twitter.com/yPrmzeCIQW
If I rewind CNBC on my DVR, I will go back to watch the amazing Brian Foote!
Correct.000001 soon
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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
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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
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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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