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I made $8.6mil. You?
I kept $500k worth of stock. Been daytrading since. I now own more shares than likely any other single retail investor. Go read my posts - especially starting in August. I even posted stock trades before they happened so that people wouldn't assume that I was lying.
As for the stock price history. It started at .0004 and is currently in the .0009-.001 range. Pretty good double for those who bought early and held. Not anything like selling even at a buck, but...
I do...
https://www.otcmarkets.com/stock/HMBL/overview
read the 8k's
I am guessing you never ran a business before. Definitely not a publicly traded company. I am also guessing that Foote never ran a publicly traded company before this one. He made a ton of mistakes that most of us do our first go around. He also fixed pretty much every mistake except for one. I am thinking that by April, we will be seeing something pretty big around here.
And I am not mad at you. I just don't like the arrogance of someone who hasn't kept up with things and comes to tell us what we should do with our money. If you don't like HMBL, good. Don't buy. Don't come here and tell us what to do.
Because you are smart. I was talking to Cincy who shorts penny stocks and then pays $500/day to hold while the stock is higher than what he bought it at.
I think you should short HMBL. Go all in.
Actually I can.
Exactly my thought.
"Your stock sucks." I remember the CEO's name and watched the price go way up and then back down.
Oh, and "Can you tell me what is good about your stock so I can figure out if I should invest now?"
If he is so convinced that this stock isn't for him, why did he stop by in the first place? Why look for free information from someone that he has insulted once he is here?
I often look at a poster's past to see where they are coming from. Especially when they tell people what to do with their stock. You likely are not here because you invested in that one stock that was terminated. That would make me not trade either.
Surfcast... is that you?
I was thinking about buying you a fishing boat. Now I'm not sure I will.
OH. When I learn how to read. Gotcha. Great answer.
Are you suggesting that Sharp front loaded all his companies and the sold shares to make money?
Cept, Sharp didn't sell any shares.
How exactly does that work? You can't make money if you don't sell. Right?
Is it possible that bashers here still do not understand last minute .30 tape painting in the OTC? So sad
You mean the last minute sell for under a buck lowered the price? Oh no. I probably should sell all my shares then.
Sheesh.
hmmm... not exactly. There were a few shares that were converted. They sold and are no longer. Next week should be good. I think you should buy a few shares. I know you think the world is ending on this, but toss $1000 in anyway. You probably spend more on lottery. Afterwards, you can buy me a drink. Or a boat.
That is 4 1/2% of the tradable shares out.
I am thinking less than 50mil and this runs
Some big buys since open.
I have a feeling that tomorrow will be decent. Just a feeling. Nothing more. Hope I am right.
Some of us made some real money. Some bought late or forgot to sell. Some stood on the sidelines.
When Foote converted his common to Preferred B, it was a bit of a grift, but it also used the system to technically keep the OS lower. If companies used the Preferred as a lockup for a period of several years or to only be tapped if the company showed a profit, then there would be real benefit. Also, I think that they shouldn't be able to convert and sell on the open market, but rather must sell as a block to another potential long term owner.
So about a billion shares were convertible (plus PL shares) as of Sept 30 Q report. That same Q had 7.7bil shares outstanding. Now there are 10.9bil outstanding. That means about 2.2bil increase. I expect much of the difference will be contractors that were issued Preferred B's that cashed out.
The last time we saw .0008's was around 25 days ago. A good portion of the $270k was likely converted over that time. We will likely see the balance convert over the next week or two. Shouldn't be a lot - maybe $100mil shares.
This would mean that we could be debt free in December. We should get an 8k when they are done with convertibles - or at least a PR as the company should also convert related party straight debt into Preferred C's as soon as the debt is gone.
As of Sept 30, 2023, convertible debt: $1,900,459
---> $420k convertible at $1/share = 420k shares
---> $150k convertible at .008 = 18,750,000
---> $685k held by Pacific Lion not likely getting converted
Balance at % of market price: $645,459
---> $375k convertible at lowest trading price over 10 days. 470mil at .0008
---> $270,459 convertible at 70% lowest last 20 days. 482 mil at .00056
Total convertible debt: 972mil shares.
420k+19mil+470mil+482mil
Olives, how many shares could a venture capitalist buy before he reported? 10%? 15%? Is there a time limit to reporting? Just curious.
What if he converted some of the shares to preferred C's before hitting the threshold... could he continue to buy without reporting?
You finally admitted it. Good for you. Link to your contract please.
Think what you want. You are on a board that discusses a major investment of mine. You are, on the other hand, someone who doesn't invest in OTC stocks, hanging around an otc stock message board, thinking you know shit. Not unlike the 25 year old man driving to high schools to check out the pretty 15 year old little girls. Kinda creepy. Ok, really creepy. Grow up and get yourself a woman your own age...73 year old woman. Put down your fishing pole and get a job.
There once was a guy who played around with operating systems. He was pretty smart, but low initiative. It is said that he rarely took a shower, and rarely even combed his hair. His mom was pretty high up in a computer company called IBM. She talked the company into allowing her son develop the operating system for their crappy personal computers. For free. Because of the name of the company, quite a few of those computers sold. After a while, the smelly man child got a deal for his operating system. He also was able to get his operating system in other computers that wanted to ride the coattails of IBM. That smelly boy now is one of the richest men in the world and is giving medical advice even though he has no understanding of medicine.
Well done. Now it is time to think. Can you do that?
You flatter yourself.
Please do your own DD. You can't afford my fees for doing it for you.
There is no such real thing as maxing out the AS in a company that gives the CEO voting control. Did the world end when the company increased from 7bil to 12? It didn't even cause the stock price to drop. Quit your "the sky is falling" crap.
What if they did a RS today? We go from 10bil to 800mil - what would you talk about next? That HMBL didn't get to do a test drive of their government wallet in LA and instead only got Santa Cruz? The fact that they chose equity instead of debt was a prudent business decision. Weighted average cost of capital. Now they have virtually no debt so there won't be a need to wash rinse repeat. The company is just about out of the woods and about to make money. Imagine a company just like HMBL with 800mil shares, no debt, government deal, AFL ticketing/merchandise. The stock price would likely see dollars and a ton less manipulation of the stock. More than makes up for the stupid OTC trader afraid of an RS to get great share structure. I say bring it.
I was here. Sold all my shares except for 500k - just in case. I now own substantially more shares since it went sub penny.
The difference between then and now is that there was no product. Then the SEC decided to regulate etx's as soon as HMBL got one going. Then they wouldn't approve an S1 because HMBL still had an etx. Then Mark Grado started dumping his preferred shares into the market. AND Foote had so much money that he started spending on things like buying a hotel room in Vegas as a perk for perspective clients/employees. Now, they are spending well below what is expected, they just wiped out 99% of their debt, eliminated any subdivision that cannot make money within 6 months, and Foote now understands the value of a buck. Oh, and a venture capitalist said that he was buying shares on the open market as well as providing liquidity to the company.
If you don't want to buy any shares, no problem, but this is the OTC, throw a dart at a list of OTC stock and provide your opinion on any other company - you have a better chance going blind into those companies and being right than you do here.
Well said
Why do you think so? Is there going to be a merger by the end of the year? Will they announce that there is officially no debt by then? I know. They will announce that the gov deal is now bringing in money! Ok, I am ok with it happening by 12/31 then.
Oh dude, please don't.
I can see how the amateur investor would think that.
Sometimes dilution happens when you clean up your balance sheet in months. The current amount of debt is pretty much nothing. That means once the dilution stops - maybe 200mil shares left - the stock price will reflect a government deal and the transaction management of 16 football stadiums.
390k preferred, but Foote and Hinshaw own a combined 276k of the 390k. They have not sold a single share. Paints a very different (and more accurate) picture than what you offer.
That leaves:
> Rivera 25k shares of which she will likely be converting 500 shares per month for a year, then 1000/month starting mid next year
> Gonzalez - owned 25 shares - likely already converted,
> Karen Garcia 15k shares, and
> another 60k or so owned by others.
In the first quarter of the year, there were 9700 shares converted. Nothing the next q due to a temporary restriction.
This Q I expect the number of conversions to be up considerably because there was a restriction of 5% before the 500 share limit currently imposed. Those who owned more than 750 shares can now sell 500 shares a month. If for example, someone had 1000 shares, they used to only be able to sell 20 shares. Now they can sell 500 a month for 2 months. That should spike the number of shares since October.
Rivera and Garcia's conversion likely went way down as they own a bigger % and the 5% likely equated to more than 500 shares.
In the next Q, I believe the number of shares converted in any given month will likely be in the 2000 - 3000 share range with Rivera and Garcia (and likely Grado) being the majority of the sells.
In the grand scheme of things, once the little guys have converted - possibly already happened - it shouldn't be an issue going forward.
Pretty exciting times, eh?
Likely .003. Maybe .005. Then down a bit but still way up from here. After about a month of sideways trading, pennies.