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If Luna had anything good to say about HUMBL, Foote would be shouting it from everywhere and exploiting Luna's good reputation as a savvy business man. HUMBL is dying as an entity and Foote knows it. He just wants to go out as a billionaire; and in order to do that, the stock price has to be above or at a dollar during the month of December 2021; the month and time when he can legally sell his shares.
I assure you, in 2-3years, no one will care about HUMBL. Everything that HUMBL originally claimed it wanted, could or would do, is already being done by other companies; or is about to be done.
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Can you please tell what part of HUMBL's business plan was successfully executed in order to make that happen? And how this now helps create profits for HUMBL and increases shareholder value?
First off, HUMBL is not a company. It's an entity. It's something that merely exists. A company executes on a set business plan in effort to make profit. For sake of discussion HUMBL as a "company" barely adheres to the disclosure requirements for PINK status on the OTC. Humbl is in no position to go to OTCQB; and it's laughable to imagine them on NASDAQ
I stand corrected - As of May 7th 2021, George Sharpe made approximately $600 Million Dollars from HMBL stock. Look at FORW's latest financials; page 20 - 21.
And those shares were cashed in for 393 million dollars.
Berkshire Hathaway (NYSE:BRK.A) trades at over $418,500.00 a share; HMBL trades at under a dollar. Please don't compare HUMBL to BRK.A, because there is no comparison.
Seems desperate and stupid. A pink bird with a HUMBL hat on?
Exactly. HUMBL advertises Financial products on their website, twitter, etc., then puts a disclaimer at the bottom of the page.
What patents does HUMBL have that someone, or some company is itching to pay billions for?
Patents are only a legal protection; like copyright or trademark; they have no monetary value. Patents are for unique things with value. There's nothing unique or valuable about HUMBL. They are driven by hype... Didn't execute on the hype; and are now running out of new effective hype to regurgitate. Pathetic... Sad.
Greenbox POS Files For $250 Million Dollar Mixed Securities Shelf Offering
This came out at the close of the trading day.
sec.gov
shelfoffering
Telling or summarizing what "good" things that you "hope" to accomplish in business is called hyping. A real business plan also tells why a business could fail; who the target audience is; profit projections, etc. HUMBL has never released a business plan.
Well. Won't be long before HMBL is back below a dollar.
If Tickeri produced 100 million in sales, HUMBL would not have been able to acquire it for 20 million.
All Hype , with still no business plan. Question: "What did Brian say, (to Mr. Luna), was this company's biggest problem moving forward?' Answer: "Execution." He and his supporters have been hyping this company on what it can do, will do, hope to do, is going to do, and is looking forward to doing, and hasn't executed on any of it. Every page of the HUMBL website has a disclosure on the bottom of it that counters any and all the hype. Actually, this stock is over valued, because it doesn't produce a product or service. Never has. And if Mr. Foote sells his shares and bankrupts the company in December, he will be legally vulnerable to say the least. The set up of shares; the high numbers of shares; and who owns them is all there. If Brian loses his ability to resist the scheme and executes on the "screw the shareholders - take the money and run" side, I predict legal problems for him for some form of fraud. With his own posts, (on FOX, YouTube, Twitter, etc.), being used against him.
Well, it's clear that Cramer doesn't really know what GreenBox does, If he thinks that Greenbox is a version of PayPal.
We'll both know in January.
He applied October of 2020; the application logged in in May of this year. If they receive the patent, it will be in about 2 years. A patent is only legal protection for unique products in business. If and after they receive a patent, they have to make it work, market it, etc. a long way to go. It's really all a joke though, because in December, after they sell all of their hundreds of millions of dollars worth of shares, they won't care about HUMBL as a company. Foote's goal now: 1.) keep the share price above a dollar through December; and 2.) quietly sell as many of the shares that he can legally sell now.
KA-BOOM???? LOL! He "Applied" for patents. Let me know, in about 2 years, when or if he gets them.
I would never buy a share from any public company whose CEO 1.) can't put out a real business plan, (not those BS phone conferences); and 2.) has set himself and his family up with multiple millions of company shares, and clearly tells me that he and they are waiting until December to sell billions of dollars worth of those shares. Chase what? I'll tell you what...you should be buying now...because it's definitely dipping. Hey Foote, more hype please!!!!
So FOX Business is not a "Big Boy" channel? When will you guys realize that this company has no real product or strategy; other than hyping it with celebrity name dropping, hard to fully understand tech talk, (designed to sound important and always coming soon), bogus and laughable comparisons to Amazon, or some hot shot person who is going to take HMBL to the "Next Level". This is a pink sheets company; that is scheming and hyping to keep the stock price above a dollar; past December, when they can sell and profit from hundreds of millions/billions of dollars worth of shares. And you who continue to buy are keeping those share prices up for Foote. What a joke. So transparent.
Excellent article. Thank you.
Good points. Thanks
I listened again, and I think you're correct about the funding of the pilot launch. I just can't wait until it all begins. So close.
Thanks. It, for me, just shows the level of talent and scale that GBOX is playing and working with. I also didn't miss that GBOX has made, (clear), at least $100,000,000 dollars; as they are self funding the 100 million needed to back and secure the token project. One last point - that also means that we won't be sharing profits. I believe that the acquisition of the BIN (Banking Identification Number) made the difference there. Summary: Projected profits just shy of $100 million, without including the token release. I'm guessing, with FiServ, Signature, VISA, MasterCard, Discover, Circle, AMEX, and the multiple number of banks, financial institutions and retailers that will be using the GBOX, (instant settlement/real time payment), Token and ecosystem, GBOX will make hundreds of millions to billions of dollars a month...or a week...and would not be surprised...a day.
January 2023 for the series b. A and common: December 3, 2021.
It's amazing. Foote announces that he's going to post a gallery of celebrity pictures, and investors buy. Unbelievable. Well...time for some new hype to keep the stock price above a dollar. I'll bet Foote can't wait until December 3rd.
Not implying; I'm actually saying that this stock is quickly dropping in value. If the trend here continues, by the end of July, HMBL will be trading between .15 cents to .0001.
Go back 60 days to 3/24/21 the stock price was at $3.95 a share; then took a $2.35 plunge on 4/26/21 to $1.65 a share. From 4/26/21; approximately 30 days ago, HUMBL's stock price was at $1.65 a share. Today it is at around .90 cents; approximately .75 cents drop in 30 days. Let's see where the price is on June 24th - 26th; approximately 30 days from today.
I'll bet that HUMBL, (as a public company), will be looted of all of its' share value by Foote and all high shares owning investors in 196 days; (December 3, 2021); when they sell their billions of shares for high profits; leaving the company's stock price in the triple zeros.
KA-BOOM!
HUMBL.COM
That's right. This stock needs some fresh hype, because it has no product, service, or direction; so the only thing left is hype.
Look at post #93140.
It's a warning for investors who don't sell when they should. The investor's stock price goes up; the investor holds and doesn't sell, ( either because the investor wants and/or expects the stock price to go higher); the investor ignores that the price is dropping and waits too long to a point where the stock price dramatically loses value, and the investor loses profit; putting the investor in the position of now waiting for the stock price to go back up. It's not that complicated. Here's the thought with this stock: If someone, right now, has a million shares of HMBL, at today's price, you have $930,000 dollars to lose, (on top of anything that you might have already lost). The stock is losing about 3 to 10 cents a day. You do the math.
Good Luck.
More hype. More hype! So that the stock price will go up. The price was up, but you still didn't sell. You always want it higher. I said it before and I'll say it again: " there's only one thing worse than waiting for a stock price to go up, and that's waiting for a stock price to go back up".
George Sharpe made more than $393 Million Dollars off of HUMBL. What does he care about whether HUMBL succeeds or fails? He was just a consultant and an outsider. Take the money and run. I would bet that Foote wishes he could sell now. Foote owns 2.5 Billion share of Series B, 7 Million Series A, and more than 91.5 Million common shares, so it won't be a problem not selling his Series Bs; he has 100 Million other shares to sell. Must be hell for Foote; watching that stock price fall to the 0's; which is where it's going, while Sharpe swims in it. Make no mistake...George Sharpe wins while Foote and average investors are stuck holding their loses and the company. Serves him right for trying to screw investors instead of creating a real business, or not. Now if Foote ever tries to start another publicly traded business, it will be harder to do because his reputation with respect to HUMBL will precede him.