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Well, apparently he had expenses..lol.
No..there isn't. Look a little further into that. It doesn't exist anymore.
Shocking........
Man..they are really cracking down on these expense draw users. He may not have been an owner...but he was the sole administrator . I don't see a difference :)
;) he he he
For reference ... the logo is new by the way(looks nice) ... https://uspto.report/TM/98437605
Also, they fixed the search query ... https://www.google.com/search?client=firefox-b-1-d&q=ZSmile that was bugging me :) ... now it shows first
Well...looks pretty criminal....maybe..lol. There's a pattern. The kid's just about out of business.....
That's just spitn' in the wind.. :) They will never see anything over the $1 million already received. Pacific Lion's preferred will be the payout. They will be canceled. They have no money.
?Won't answer that..but... I am certainly a realist. Fernane et al have no money. They only have other peoples money. How much fn' cash do you think Humbl could ever recover?. You know what it is....from the sale of the preferred C's:
USD 1 Million rough.
He can't convert them now. Maybe he can sell/transfer them...but they are worthless and will never be converted via any channel from Fernane.
That's my understanding of damages...lol. fks' sake
Exactly....I forgot all about til' campe mentioned it. It must be a perpetual thing. Crazy......
yep..got emails today ..
They converted and sold the first draw..the one that was actually paid for, and were only able to convert $137,000 for the second one.
Oh..I know...but they actually converted more. Humbl got fkd' hard by them...really hard.
I don't disagree with you regarding the OTC...but they will never raise real money via OTC quotation. The timeline could be way out as well....no one wants to uplist or list on an exchange when the environment isn't applicable...eh?
You really need to look at the players..like the chairman and CEO... :
Not many...mostly it's just PR bull shite. This isn't the case.
The minimal free trading outstanding common shares must be 1,000,000..and again..as noted by them:
I posted this way back in December...it was noted in the complaint filed yesterday:
OMOLIVES
Re: None
Tuesday, March 12, 2024 8:55:30 PM
Post# of 121560
Patric Fernane(Pacific Lion and preferred shareholder holder) ...back in court via Liqueous:
Complaint alleging the “unauthorized share transfer” of 2.5 million shares in Shengfeng Development Limited in Mid-Castle Development Limited, described as a British Virgin Islands company based in China v. Liqueous LP, of Delaware, USA, and Jacob Fernane, of North Miami Beach, Florida, USA, at the U.S. District Court for the Southern District of Florida.
https://www.pacermonitor.com/public/case/52280466/MidCastle_Development_Limited_v_Liqueous_LP_et_al
That is the second time within a year. The kid is dirty. And so it goes...
They already received roughly USD1 Million. Pacific Lion is not going to be able to convert those shares..they will be cancelled and returned.
No..they actually converted over $340,000, of which....$156,000($137,000 converted) was theft/fraudulent. That made everything fraudulent concerning the third party note purchase.
complaint
https://acrobat.adobe.com/id/urn:aaid:sc:US:ae4d7ebb-0cd8-4db0-8f63-25026e53b54f
I'm sure there will be fools believing this... https://www.morningstar.com/news/marketwatch/202403141009/fisker-breaks-silence-about-potential-bankruptcy-heres-what-it-had-to-say
Well..I am certainly surprised that they didn't do their own research regarding the kid. That would have taken less than 5 minutes...I'm thinking that they didn't care as long as they got their money. Can't believe he cut them off half way...lol.....and why didn't they take action sooner. It's been over 5 Months since ...and you know they obtained funds elsewhere.
They won't get any money and just cancel those preferred c that were issued.
Oh wow....what was I saying Months ago about Humbl being tied down by Pacific Lion as only source of funding. Now we see the truth...
#HUMBL is now suing Pacific Lion 😂$HMBL and Brian Foote are a complete joke, and IMO, they took this deal because they themselves are corrupt and inept.https://t.co/gZvxdQykDx pic.twitter.com/OPnV4rEtGy
— Prav (@FiatP2P) March 14, 2024
oooops....make that three times in several Months...patty boy may just be a lost cause after all.
At this very moment...and using the S-1 as reference, this is the minimal requirement for a direct listing:
No underwriter..etc..
Pay attention to the minimal unrestricted common share requirement. Maybe they will offer in a separate and have it underwritten...who knows...then there would be a smaller minimum bid price. The reality is that they already became public....and raised $5 million with the merger....and this S-1 is the public offering. Hence, IPO'd.
It's up to them..
NO....it's a suggested range. read their own words...they state this. They also state this:
If the Reverse Stock Split Proposal is approved by our stockholders and the Reverse Stock Split is effected, up to every 100,000 shares of our outstanding Common Stock would be combined and reclassified into one share of Common Stock.
Ahhh yes...you mean..."in a nutshell"...lol. God....so true. Thanks for that..
As is with most manufacturers. The culprit here is that they "chose poorly". They simply hired the wrong individuals..which means upper management et al is to blame. I am talking "top cats"....because the current/past mantra there is apparently bull shite'.
Yeah...he had me at his profile picture ;). I think his father was a resort manger..like "area/district manger" or something like that..back in the day. Not sure of my memory..lol. Maybe I'm wrong.
It's not too late for him...he's only roughly 30 years old, so maybe he'll learn. Well, he's definitely learning...quick. :)
I don't see a problem with that.
“The Government’s arguments are not supported by precedent. Because the CTA exceeds the Constitution’s limits on the legislative branch and lacks a sufficient nexus to any enumerated power to be a necessary or proper means of achieving Congress policy goals.”
In short, Burke’s ruling suggested that there was not a clear enough case that the CTA was supported on the grounds of national security. Judge Burke’s ruling was the product of a legal challenge brought by the National Small Business Association (NSBA) and one of its members against the Secretary of the U.S. Treasury Department.
The order “only applied to enjoin the CTA’s reporting requirements as to the plaintiffs, including NSBA member entities across the country,” said Thomas H. Lee, the lawyer who challenged the act on behalf of the NSBA. Lee is with Hughes Hubbard & Reed in New York. “The government may move for a stay pending appeal, but it has not yet filed.”
Still can't get you head around it..eh?
3. Any thoughts on why the 20day average dollar volume is around $500, given the expected addressable market for the product?
Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
Our Board has approved, subject to stockholder approval the Reverse Stock Split Amendment to, at the discretion of the Board, effect the Reverse Stock Split of the Common Stock at a ratio of 1-for-1,000 to 1-for-100,000, including shares held by the Company as treasury shares, with the exact ratio within such range to be determined by the Board at its discretion. The primary goal of the Reverse Stock Split is to increase the per share market price of our Common Stock in connection with our intention to apply to have our common stock listed for trading on The Nasdaq Stock Market (“Nasdaq”), as contemplated in the Securities Purchase Agreement. We believe that a range of Reverse Stock Split ratios provides us with the most flexibility to achieve the desired results of the Reverse Stock Split. The Reverse Stock Split is not intended as, and will not have the effect of, a “going private transaction” covered by Rule 13e-3 promulgated under the Exchange Act. The Reverse Stock Split is not intended to modify the rights of existing stockholders in any material respect.
If the Reverse Stock Split Proposal is approved by our stockholders and the Reverse Stock Split is effected, up to every 100,000 shares of our outstanding Common Stock would be combined and reclassified into one share of Common Stock. The actual timing for implementation of the Reverse Stock Split would be determined by the Board based upon its evaluation as to when such action would be most advantageous to the Company and its stockholders. Notwithstanding approval of the Reverse Stock Split Proposal by our stockholders, the Board will have the sole authority to elect whether or not and when to amend our amended and restated certificate of incorporation to effect the Reverse Stock Split. If the Reverse Stock Split Proposal is approved by our stockholders, the Board will make a determination as to whether effecting the Reverse Stock Split is in the best interests of the Company and our stockholders in light of, among other things, the Company’s ability to increase the trading price of our Common Stock to meet the minimum stock price standards of Nasdaq without effecting the Reverse Stock Split, the per share price of the Common Stock immediately prior to the Reverse Stock Split and the expected stability of the per share price of the Common Stock following the Reverse Stock Split. If the Board determines that it is in the best interests of the Company and its stockholders to effect the Reverse Stock Split, it will hold a Board meeting to determine the ratio of the Reverse Stock Split. For additional information concerning the factors the Board will consider in deciding whether to effect the Reverse Stock Split, see “— Determination of the Reverse Stock Split Ratio” and “— Board Discretion to Effect the Reverse Stock Split.”
I wonder who bought Fisker today thinking it was a good idea? As in.... trade opportunity :) ..lol.
That was a sweet spot. I'm way below that...so trim now.
Yes...of course. I wasn't thinking this though....
That rise is based on layoffs apparently.
Welp...I am being forced to sell a small amount of IBM because of these nut jobs in the market. The PE isn't that bad either..but have no choice. Mother fkrs'!....
Thankfully...I don't fly anymore. Haven't flown in over 20 years which is a complete 180 from how much I used to...lol.
Actually....that's pretty much correct.
Patric Fernane(Pacific Lion and preferred shareholder holder) ...back in court via Liqueous:
Complaint alleging the “unauthorized share transfer” of 2.5 million shares in Shengfeng Development Limited in Mid-Castle Development Limited, described as a British Virgin Islands company based in China v. Liqueous LP, of Delaware, USA, and Jacob Fernane, of North Miami Beach, Florida, USA, at the U.S. District Court for the Southern District of Florida.
His wife passed away less than 14 Months ago...so obviously yes.
Oh shit ...here.... https://www.legacy.com/us/obituaries/name/diane-johnson-obituary?id=38213286 I get it.
It's probably illness related..physical and/or mental. His wife passed away before he did.
https://www.hixsonbrothers.com/obituaries/John-Mitch-Swampy-Barnett?obId=30977033
They are having major gremlin problems. There is no dividend...and hasn't been one in a long time. Most importantly, their PE ratios are always out of line and whacked..lol......https://www.nasdaq.com/market-activity/stocks/ba/price-earnings-peg-ratios
Just crazy...