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Lots of pre season seats filled..reg season is gonna be busy. 🤑🤑🤑🤑🤑 here come the revenue longs, we rise monday
But the clowns will try to turn it into a good thing. SMH
That escalated fast
Another increase in the A/S?
Common stock to be outstanding after this Offering 27,013,439,566 shares (assuming we sell the Maximum Offering amount).
https://www.otcmarkets.com/filing/html?id=17458916&guid=m4Q-ka3VoTeHJth
Authorized Shares
22,500,000,000
04/18/2024
Broke don't fix broke
I'm not crying or complaining I bring the news and facts about this scam
You're the one who went broke here, not us "crybabies" lololololol
AFL already not paying their bills...and one team got kicked out due to the AFL not paying rent or presenting proof of insurance.
Gene Thibodeaux, Attorney and Spokesperson for ASM, offers the following statement on behalf of ASM:
You know when ppl cry and complain is when they are hurting…it’s not rocket science.
I’m happy, you are always crying
Are you sure you know who sucks at investing here lol??
All the broke crybabies come out together!
How cute
Research his posts and see how many times he has said he was ace down - all the way from a dollar or so lol....
Hilarious stuff.
I know you suck at investing and you're a good bag holder
Wasn’t talking about stocks lol
I don’t put every buy and sell on here like some. You don’t have a clue lol
Been around since the beginning
Regarding other...yes. It just needs to be adjusted in their jurisdiction first...and can remain "as is" via FINRA until it needs to be revised/raised/consolidated.
So wise
Needed you around years ago
Jahvik you overpaid for the shares
15 U.S.C. § 0077 Securities Fraud
Filing 1 COMPLAINT with Jury Demand against Jacob Fernane, Robert Hymers, III, Pacific Lion LLC ( Filing fee $ 405 receipt number ACASDC-18668088.), filed by Humbl, Inc.. (Attachments: #1 Civil Cover Sheet, #2 Exhibit A)The new case number is 3:24-cv-495-CAB-SBC. Judge Cathy Ann Bencivengo and Magistrate Judge Steve B. Chu are assigned to the case. (Joseph Leventhal)(stn)
https://dockets.justia.com/docket/california/casdce/3:2024cv00495/780332
Lots of back and forth from mms, someone know something? Hmmmm I’m ready
San Diego, California, May 15, 2023 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTCQB: HMBL) announced today that it has entered into an Equity Financing Agreement with Pacific Lion LLC (Pacific Lion) pursuant to which Pacific Lion agreed to purchase up to $20,000,000 of HUMBL common stock. Pacific Lion also agreed to fund HUMBL up to $800,000 under a Convertible Promissory Note to bridge HUMBL through to the effectiveness of the registration of the shares to be sold under the Equity Financing Agreement. In addition to the transactions with Pacific Lion, HUMBL also raised $220,000 through the sale of common stock and warrants to a group of private investors.
Pursuant to the Equity Financing Agreement, Pacific Lion has agreed to purchase up to $20,000,000 of HUMBL common stock following the receipt of put notices from HUMBL and subject to certain conditions. Pursuant to the Registration Rights Agreement entered into in connection with the Equity Financing Agreement, HUMBL agreed to file a registration statement to register the common stock issuable under the Equity Financing Agreement. Following the effectiveness of the registration statement, if HUMBL elects to cause Pacific Lion to purchase shares, the shares will be purchased at a 15% discount to the lowest closing trade price of HUMBL’s common stock in the prior 10 trading days. The Equity Financing Agreement with Pacific Lion replaces the Equity Financing Agreement previously entered into with GHS Investments, LLC, which has been terminated.
Pursuant to the Convertible Promissory Note issued to Pacific Lion by HUMBL, Pacific Lion has the right to fund up to $800,000. The note bears interest at 6% and is due on May 10, 2024. Following an uplisting to a senior stock exchange, the note will automatically convert at 80% of the uplisting offering price. In addition to the note, the Company also issued a Warrant to Purchase Shares of Common Stock to Pacific Lion. The warrant is exercisable for 500,000 shares for a period of five years at $0.10 per share. In the event that an uplisting to a senior stock exchange does not occur within nine months of the issuance date, the warrant will automatically be canceled. The note is designed to provide a mechanism for Pacific Lion to make regular fundings to cover HUMBL’s working capital needs during the pendency of the registration statement. Pacific Lion funded the first tranche of $100,000 upon the issuance of the note.
HUMBL also sold 100,000,000 shares of common stock and warrants to purchase 100,000,000 shares of common stock for a period of five years at $0.005 to a group of investors for $220,000. The proceeds will be used for general business operations. More information regarding the transaction will be provided in a Form 8-K to be filed with the SEC.
These investments are part of a broader restructuring plan to recapitalize the company, consolidate and retire existing debt and reduce dilution. This restructuring is designed to drive shareholder value and strengthen the balance sheet of the company.
“HUMBL is executing on its core product lines in both its consumer and commercial divisions, and we are ready to drive forward to scaling our revenues through expanded sales and technology bandwidth,” said Brian Foote, CEO of HUMBL. “The capitalization of the company is critical, along with a comprehensive restructuring of debt and share classes, as well as reducing dilution in an effort to drive value for shareholders and prepare the company for uplisting to a major exchange.”
In addition to the investment made by Pacific Lion in HUMBL, the company will also be working with Pacific Lion, a firm that specializes in delivering strategic direct investments and hands-on advisory services to help with the growth of early stage companies. The firm focuses on strategies that help capitalize public companies via retail and institutional investors, along with crowdfunding, equity lines and M+A consulting, with the goal of direct uplistings to a major exchange over a 6-18 month targeted time frame.
“We believe that HUMBL has developed an early-mover advantage in providing Web 3 digital wallets, products and services to consumer and government clients,” said Jacob Fernane, CEO of Pacific Lion. “We believe our access to strategic funding, share structure cleanup, technology and operations augmentation, and more, will allow HUMBL to scale to the levels needed for a major exchange uplist and to rejuvenate its powerful retail shareholder base.”
Another funding strategy the company intends to employ is to file an offering under Regulation A+. Regulation A+ allows companies to raise money under two different tiers. Fully reporting SEC reporting companies such as HUMBL are able to raise up to $75,000,000 on a Tier 2 offering in any 12-month period from the general public. The company hopes to attract a new shareholder base that uses the HUMBL technology and would like to help fund the company directly.
The company will continue in its efforts to secure additional funding and reduce debt in preparation for its attempts to uplist to a major exchange in the future.
About HUMBL
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, please visit www.HUMBL.com.
Thank you
I’m lazy
Authorized Shares
22,500,000,000
04/18/2024
Outstanding Shares
13,774,032,947
04/18/2024
So what is the current Authorized and Outstanding?
WOW! OMG!
Common stock to be outstanding after this Offering 27,013,439,566 shares (assuming we sell the Maximum Offering amount).
https://www.otcmarkets.com/filing/html?id=17458916&guid=m4Q-ka3VoTeHJth
And it gets worse!
NOTE 23: SUBSEQUENT EVENTS
Between January 1, 2024 and March 28, 2024, the Company issued 1,698,247,010 shares of common stock as follows: 1,174,627,010 shares in conversion of debt, 50,000,000 shares for services rendered, 393,300,000 shares in exchange of warrants, and 80,320,000 shares of common stock in conversion of 8,032 shares of Series B preferred stock.
On January 4, 2024, the Company entered into 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.
On February 22, 2024, the Company entered into 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 February 12, 2024, the Company entered into 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 entered into 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 $50,000 to the Company.
On February 23, 2024, the Company entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Avrio Worldwide, PBC (“Avrio”). Pursuant to the Purchase Agreement, the Company sold the assets associated with its HUMBL Financial product line, including all BLOCK ETXs and BLOCK Indexes (but not including any active trading algorithms or strategies) to Avrio. In exchange for selling such assets, HUMBL received: (1) 1,920,000 shares of Avrio’s Class A Common Stock that has one vote per share (representing a 10% stake in Avrio); and (2) 2.5% of the net revenues generated by Avrio from its sales of the acquired assets. The revenue share terminates upon the earlier of five years from the date of the Purchase Agreement or Avrio completing an initial public offering. The Company will also receive a seat on Avrio’s Board of Directors as part of the transaction, the initial designee being Brian Foote, CEO of the Company. The Company is currently evaluating the consideration received from Avrio in the determination of the value of the investment.
On March 13, 2024, the Company entered into 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 55,000,000 shares. The warrant is exercisable for three years and has an exercise price of $0.001.
On March 26, 2024, the Company entered into 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 55,000,000 shares. The warrant is exercisable for three years and has an exercise price of $0.001.
And the assholes will say dilution is a good thing! LOLOLOL
It could go as low as .0003?
We anticipate that the public offering price per share will be between $0.0003 and $0.0009 per share of common stock, and we have used the midpoint of the range to determine the aggregate offering price for this Offering Circular. There is no required minimum number of securities or amount of proceeds that must be sold as a condition to completion of the Offering.
https://www.otcmarkets.com/filing/html?id=17458916&guid=m4Q-ka3VoTeHJth
3.3 billion open up for dilution
Check out @PositivePete message on Stocktwits http://stocktwits.com/PositivePete/message/570136498
Dump day not dilution but investors are wise
But Slay likes you. Not very kind of you.
I like to aggravate idiots! LOLOL
The only fact you posted ever was that you fish. The rest is a bunch of fish stories. Why is it that you never really answer the question of why any 80 year old never was posts on a stock board all day every day but never owns the stock? Are you lonely? Are you paid to post? Is your name Don Quixote? Are you a democrat? There must be a reason other than trying to make it to the big league junior detective group.
Facts scare investors away? Then idiot pumpers posting fantasies do what? That should scare them even more! SMH
Boucher died.
An RS will likely happen when they announce positive cash flow from operations. One will definitely be needed. If they can get positive cash flow and the share structure is in line, the stock price should move up considerably (after likely taking an immediate 30% OTC haircut). I have cash ready if this happens as well.
I don't get your point. I am not here looking to recruit investors. I frankly don't care what anyone else does.
You on the other hand, want to scare investors away. Why?
Where are the Boucher's and a big reverse split like before?
That is great DD! Investors will be flocking in now!
-0.00004 (-5.41%)
Three years -99.97%
You know I made more money here than you made your entire life. You are such a basher clown. You are so sad and so angry. Don Quixote battling windmills. Thinking he is making a difference. Doesn't even own shares but feels the need to save those who do.
Only scans hmbl ticketing not universal garbage
Yes it is a scam $60 bucks for a scanner lol
You are a pumper clown. You are so sad. How much are you down I have blown out many companies and many clowns.
Time to save face.
I hope so. There is a fixed number of shares that will be diluted into the market to eliminate the debt. Once that debt is gone, HMBL will do a RS. Expect a quick dip in price (due to ignorance) followed by an exponential gain.
I personally have been sitting at the bid (.0007) collecting shares. Why in the world are we not at .0001? Because of me - and others like me that know the potential of this product. Think I am full of it? Please, please, please dump into .0007. I have $8k on (and off) the bid waiting for someone to sell. Bring the price down. I dare you.
Agreed. HMBL is a real company that will blow people away in a few months. This is not like those OTC scams that the pumper clowns claim it is.
Volume is more dilution based here
I'm surprised this is still trading
Got to love the OTC pumper clowns comparing an OTC scam to a real company!
FUD not true
In finance, a startup is any company that has yet to produce income above fixed costs. It is even possible - and regularly happens that a company who entered the decline phase, reinvents the company with a new product or service that brings it into a startup and/or growth phase. People misconstrue startup to mean a specific time - like 6 months, or a year. It isn't.
You responded to a poster that was simply stating that the company is in a phase of it's business cycle where it has yet to meet its costs as it creates a product, service, market... In business, this is expected. In certain businesses, the startup phase could last decades (see biotech industry requiring 3 phases of product testing by the FDA before a product enters the market).
Those who understand this process have a better chance at knowing when to buy and sell stock. HMBL offered a huge opportunity to get into the stock and then out after the initial hype. It is now offering another huge opportunity (and a huge risk). If they are able to pull off either or both of the ticketing and government wallet things, the stock could be amazing. If they are delayed or the product flops, the stock could be worthless despite the promise of a great product (think Netscape - if you are old enough to remember that).
Start up since 2017
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Moderators NoMoDo surfkast Huggy Bear BADALI SmellMyFinger |
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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