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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.
This is what we are betting on. Same with the beta testing with the gov.
I think this will be a good week.
That is crazy funny. The troll asks how to get rid of himself. Try the ignore button.
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.
Lucky for me, I have the money.
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.
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.
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.
How much money does the CEO make?
As is your comment. By using a comma, you removed the direct object from your sentence. As a result, you have a dangling participle.
Nice one. I made some money and bookmarked the site.
Nice find. Regardless of how AFL turns out, HMBL is expanding it's ticket business.
Name one illegal event.
I know it means very little at the moment, but there was a 12mil share trade at the ask earlier today. I thought about taking out the rest of the ask, but I know someone would just put another 50mil back up.
This board is getting very quiet.
I "should of?" "Should of?" Sounds like the school system has failed you.
I don't get it.
WE DO??? Who?
Why does it matter to you?
Agreed. It is all about developing a ticketing system for sports.
No. Just don't want to argue with people who are so sure they are right that they resort to "third party software is a gimmick to fool the uninitiated." Especially after arguing the same "third party software" is telling it like it is.
ok fine. ignored for May as well. Lololol.
You probably have a lot of mirrors in your house.
It is gimmick software because you don't know how to use it.... Holy cow. 5mil sold at the ask and only 200k at the bid? That is awesome. Even after all the olive bashing going on.
Feel free to reply, but for the next month I think I will put you on ignore. You seem intelligent until you start writing.
Surf calls buys and sells. Is he pathetic as well? Be careful, he is still in his cubicle next to you.
I wonder if Surf found a "third party software" that knows whether a transaction between two parties was a buy or a sell. LOL
surfkast
Member Level
Re: Slaytanic420 post# 120924
Wednesday, January 03, 2024 12:11:51 PM
Post# of 121993
Seven to one sells to buys so far! Watch out below!
You are said idiot. Go to Ihub and click on trades. It tells the trades that happen at the bid, ask and somewhere in between. If it happens on the bid, people consider it a sale. If it happens at the ask, people consider it a a buy. IRL every trade has a buyer and a seller, but it is better for a stock to trade at the ask. Is this news to you? Stop responding to me if you can't figure that out.
You are embarrassed to read what I throw down? Then don't read it. I tried to make it simpleton enough for you. Go haunt some other company that you might actually own. HMBL believes they are in the ticketing business. Read the 10k.
You act like it is the end of the world for HMBL that opening week of AFL wasn't up to your expectations. I said back in August or September that the AFL was no better than high school football. I actually said it directly to you. I wasn't lowering expectations. I know what these organizations are about. I had to laugh that you were surprised about the school bus.
If I read the contract correctly (back in September-ish), the money goes to HMBL and then HMBL pays any refunds needed, then they pay the AFL.
Just responding to a overly simpleton response.
You musta forgot that you have no idea what is bought and sold.:
I wasn't commenting on the AFL because it is a non-issue. Just as it is a non-issue that HMBL wallet in Santa Cruz is beta testing their product with fishing licenses or whatever they are testing. Surf and a few others - probably including you, come here to tell HMBL investors that the sky is falling and that the AFL is "very very bad." I don't quite know your motives, but I know Surf's and a few others.
As for the buys vs sells - in stock trading, a stock is considered to be bought at the ask and sold at the bid. This, of course isn't true because every transaction includes a buy AND a sell. But the logic is that more trades at the ask indicates money coming into the stock or buying pressure. I apologize. I thought you knew that.
We have had this conversation many times. But sure, I will say it again... It is high school league. Doesn't matter because HMBL is in the ticketing business. They are auditioning for bigger things. If they are able to do what they set out to do, it doesn't matter if it is chess club ticketing that they are doing now. Forrest for the trees.
Wednesday Thursday Friday? There was 17 mil shares bought and 1mil sold today? How can that be? Maybe nobody read the Olive report. Crap.
HMBL's stock must have plummeted today. Is it at .0001 yet? I haven't checked, but I did read your comments on how bad it is. Sounds miserable.
Yet you guys still come here when this stock is clearly dead. Why is that?
You clowns are hilarious.
Dude. Your boss pays you too much. Give some back.
Who cares? Besides you that is. HMBL is not the AFL. They are the ticketing company. If they are able to successfully provide ticketing that can control fraud, they can start working with other sports groups. And concerts. And anything else that needs tickets.
You must be really bored today with all the posting on a stock that has been in a very small trading channel for a year. Did you think the stock would rise before any news of revenues came in? Good to see you still caring about HMBL.
You are correct, they won't sell. There are convertible loans however that will likely be converted. The loans are at a fixed price - which is good. The first one is $50k worth at 1.2 cents. That comes out to about 4mil shares. That means that we will likely see around 1.2 cents/share for a few months - or someone could buy $50k worth of stock and get it over with. The next loan is at 5 cents. Once the first loan has been converted, expect the price to mysteriously rise slightly above .05 so the next company can unload. Surf will tell you that this is bad for everyone - because it is dilution. But if you own stock at today's price, this dilution could be a 4 bagger.
I have been reading your posts and am in agreement with most of what you have been saying. However, I believe that Sharp's reason for the S1 was to get rid of this debt first because he knows that the conversion is fixed. That means that there is little downside for converting at or below 1.2 cents, but little upside in raising the value of the company while someone is dumping 4 mil shares at a fixed price. Once the debt is sold, I expect a merger to be announced and Sharp to retire.
But Slay likes you. Not very kind of you.