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based on what I learned today about this link and the $500M MC I'm more bullish than I've been at CHIF....this is impressive hopefully folks know what i'm talking about
https://en.huanmedia.com/index/about
who knows the idea here is revolutionary entry into esports, something that lets the masses play rather than just the professional tournaments....there are millions of games that go off daily worldwide with people competing...put money on the matches and this is the roblox of esports....allow entrants to buy upgraded weapons or race car components and take a cut.....If I was 20 years old I'd love to be able to put some coin on my race in a 50 car race.....in other words esports is going to trickle down from the big tournaments to mainstream every day play....
wow the other ticker is $500M MC and hit $1B last week.....on the huan deal....
Major backing. This will be good: Thank you and have a great day. We will update you on our first Esport (with a Digital Asset component) acquisitions early next week.
They did a PR yesterday?
Lot going on at nsa/v that translates here new token likely to be used with esports here. Big money behind the scenes let's see if they are ready to announce some things here.
Someone is going to build the roblox of esports....where you and friends can use an app to pay to play the pros, pay for amateur tournaments, etc.....I can see millions of tournaments going off daily in these 100 player games say entry fee is 5 bucks. My nephews play 100 other guys all day long...what it they put a 2 entry fee on it and kids can win a pot. https://www.google.com/amp/s/www.cnbc.com/amp/2021/03/09/roblox-ipo-how-game-developers-built-a-30-billion-platform.html
all of the other runners this year, will fall, due to their share structure. this is the only one IMO that will hold and move higher consistently....
READIES Sponsor Minilife eSports
Sponsor Event
READIES are the proud sponsors of Minilife eSports since mid-2020. As the gaming market continues to grow at alarming rates and READIES are the ideal payment vehicle for eSports our sponsorship is a win-win for all parties involved. READIES are the simple, safe and secure method to participate
READIES is the official sponsor of the SBC esports app and just went public....24,000 European locations
https://www.readies.biz/home
Might be this as well millions of users!
https://www.readies.biz/home
This lots of data and betting many companies gonna get rich which are moving in here?
Wonder what the new shares out will be. Looks like they have 16m restricted. Amazing if they get down to 5m outstanding....all of the other runners have share issues.....now or eventually...this is going to start moving 50 cents per tick soon.....I'm almost wondering if the firm behind this bought most of the float late jan as their equity position...seems like only 500k or so actually trading...
Wall Street finally taking OTC and making them SPAC's...unreal luck here can't wait to see what they move in here and they can keep moving entities in
Out of all of the 2021 runners this one is set up the best due to share structure.....to hold monster gains...10s coming
Holy christ...Gonna be down to 5M or 10M outstanding IMO...
need $5 to be NASDAQ SC, Many in the $500M to $1B MC area...thats $25 to $50 PPS here....
https://www.findlaw.com/smallbusiness/business-finances/markets-and-listing-requirements.html
http://www.smallcapdirectory.com/Search.aspx?k=&con=a&e=NASDAQ&i=&mcmin=-1&mcmax=-1&c=&ld=0&lk=&t=&ri=0&ps=25
I only say this because I want to plow a lot of money in, but I cannot comfortably do it because the company is witholding the most important details of being public, which is the FULLY DILUTED STRUCTURE....the original investors much have at least 50% equity here....
what are people missing here....the original investors get x amount of shares, and they are withholding that information allowing it to trade higher. they have preferred shares that must be in the billions when converted....plus whatever the employees of humble are getting...the fully diluted structure here is near 6B already and this is post split! I've been saying on this board this company can be worth 10s of billions, but people need to start asking this company to reveal who got what so everyone knows how much equity COMMON holders have, which is not very much anymore.....its a shame....literally 500 people should Tweet George to reveal what these guys got for investing/starting Humbl, it will be multiples of what the common equity is.
Another thing, they just bought a company with stock, they have to disclose how much stock they gave for $20M so it shows you what they value the company at....I guaranteed you its way way less than you think. What, you guys think tickiri took like 4M shares for the 20M purchase lol? No, more like 40M or more....for those of you with big money in this if you do not know these answers and you are letting them not disclose this...when it is disclosed which it will have to be, you will get burned.
what's your point about the runner you copied that from? the speculative value of that one hasn't peaked....and they didn't wipe shareholders equity from 100% to less than 20%....
Haha they need 100s of millions of users to actually start using humbl for a few years for it to be worth that. They have no use yet and nobody knows if people will. Can you tell me how many shares are fully diluted? The original investors should get what? A million shares or more like 5b? The answer is 5b so you are looking at near 6b outstanding right now when determining value this isnt worth 24b today...I agree it could be some day
Betting on it is even larger by 15x and with crypto it's a 100b field ahead. Look for wings into crypto areas creating shock value imo
Been a bit. With CHIF all of the other major runners have to undergo a R/S eventually or have done so wiping out shareholders to certain degrees. This is the one SPAC ticker on the OTC that is already set up share structure wise to run, and HOLD major gains....
ooooof to the sellers, the firm behind this is running it up, no float. they want a huge MC compared to $40M it is now. The crowdfunding here is impressive last 2 weeks...
At this point this is a SPAC on the OTC
The company is not revealing how much stock original investors and humbl employees have thus making it impossible to value the common shares. Youd have to sell and buy back when this is known. What it its 4b shares they get? So the fully diluted is then 5b today as example and you think it's worth 36b today? The original investors and employees must have a majority of equity here but they hide it.... bad business...as them via twitter see what you get
This is a SPAC now, a shell with a huge asset. This should be trading at multiples of the asset..someone Tweet Geoerge ask his plans$$
What's the fully diluted share structure here so that we all can judge the value of the company? Is it just the 1b?
They are tweeting because the otc is forcing these companies to start filing or they will go away. They need to get current and pr
They've let the share price move up without revealing equity of the original owners of humbl leading people to think the common shares equity is much higher than it is. Can not believe it. Classic issue with otc. They should be advertising the fully diluted structure at all times to be fair. Its bad
How can you value without knowing the equity the original investors have? This cc should have been about clarifying what % the commons are. Instead you now have to wait for filings....crazy....what if they get like 3b shares?
Well for sure they are going to take 70%+ of the company for themselves and leave commons with 20% maybe...anyone here who has serious money in this ought to know that already.....the fully diluted here is likely to be in the 5B+ area.....so right now its at around $20B market cap for what its worth
They will indeed be diluting this a ton.....they need money....normal to do of course....plus share issuances to management and where do the warrants fit in here....do the warrants get a 4 to 1 split?
I don't get what the fooling is....NOHO released a series of tweets saying who controls NOHO and they have plans for NOHO and they showed various holdings, 1 of which is a product sold by Harbin, 1 of which is crypto currency insurance, and a few other holdings
Yes, but that entity is not in NOHO. NOHO owns a product sold by Harbin, its the rice thing. The bigger news is NOHO has many things and is run by:
NOHO - Dragon Life Science Holdings Group, Inc.
@dragon_holdings
·
20h
Replying to
@Sabeen1202
and
@aerospaceyan
Mr. is a Chinese government official and holds a controlling stake in NOHO
NOHO - Dragon Life Science Holdings Group, Inc.
@dragon_holdings
·
20h
Replying to
@Sabeen1202
and
@aerospaceyan
Is the CEO of a Chinese state-owned company, not NOHO
NOHO - Dragon Life Science Holdings Group, Inc.
@dragon_holdings
·
20h
Replying to
@Sabeen1202
@aerospaceyan
Mr. is a member of the Economic Committee of the China Well-off Construction Research Association and the CEO of a Chinese state-owned enterprise
NOHO - Dragon Life Science Holdings Group, Inc.
@dragon_holdings
·
20h
Replying to
@Sabeen1202
OK There will be new plans announced
Folks simply click on the link and click Tweets and replies and you will se e the company replies
Chinese gov official controlling interest in NOHO...holding company, many products and NASDAQ wishes....they seem to be excited to be tweeting out of Hong Kong as you cannot Tweet on mainland China..
https://twitter.com/dragon_holdings
No they don't own GNC, NOHO has a product for sale that the new owner of GNC sells. NOHO also has many other holdings apparently and is controlled by a big player in Hong Kong. All is in the Tweets....
NOHO has a product being sold by them...that is the relationship....but the 7 other Tweets are even bigger....Chinese gov official has controlling interest of this ticker and has big plans is what it says
Here is the guy running the NOHO show now. I'd say he's looking for much more than .0038 LOL
https://twitter.com/aerospaceyan
I do not think so, a Chinese gov official has controlling interest in NOHO and has plans for it which looks to be crypto insurance among many other things like partnerships with Chinese State owned Harbin Pharma who recently acquired GNC......