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Nice buys at .0013
Nice 2.6 mil buy
San Diego, California , Oct. 25, 2023 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTC: HMBL) announced today that it exchanged approximately $6.5M in debt for 8,775 shares of Series C Preferred Stock. The exchange was consummated with Sartorii, LLC , HUMBL’s largest creditor.
The exchange was completed as part of a concerted effort to reduce the company’s outstanding debt. During the calendar year 2023, HUMBL has retired over $28M in debt.
“HUMBL’s CEO, Brian Foote , and his team continue to take meaningful and decisive actions to improve the company’s balance sheet and achieve their strategic goals,” said Jacob Fernane , CEO of Pacific Lion. “We are pleased to serve as their lead funding partner and to see the company’s management making strategic moves and securing the negotiation outcomes necessary to improve the balance sheet of the company.”
“As always, we want to extend our appreciation to both our key funding partners and creditors, as well as our retail shareholders, who have supported us through a very challenging period in the company lifecycle,” said Brian Foote , CEO of HUMBL . “We are optimistic about our product lines for Q4 2023 and the year ahead in 2024; and appreciative to have secured more constructive financing and balance sheet cleanup to accompany that work going forward.”
About HUMBL
HUMBL is a Web 3 technology platform with product lines including the HUMBL Wallet™, HUMBL Search Engine™, HUMBL Social™, HUMBL Tickets™, HUMBL Marketplace ™ and HUMBL Authentics™. For more information, please visit: HUMBL.com.
HUMBL has performed digital integrations with athletes and teams from the NCAA , MLB, UFC, WNFC, NASCAR Xfinity, World Surfing, World Rugby and more.
Safe Harbor Statement
i have a good feeling today
If the outlook is so good, what's holding this back. It was supposed to go to the moon with CE removal. And the financing. It is frustrating.
Yes it won't take too much pressure
A new HOD would be nice
Is this related to ICOA
$MJWL David Chong officially has a Twitter page and Dr Vin Menon is also going to Mexico! We are on the move guys!! 🦾💥👇🦾💥👇🦾💥👇🦾💥👇🦾💥👇🦾💥👇 pic.twitter.com/Lq7k5JnOts
— Just Michelle (@MaryMichelleNay) September 16, 2021
San Diego, California , Oct. 18, 2023 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTC: HMBL) (“HUMBL” or the “Company”) announced today a significant financial development in collaboration with its funding partner, Pacific Lion, LLC . Since October 1, 2023 , Pacific Lion has taken strategic steps to acquire additional legacy debt, totaling over $3 million , previously held by five different lenders. This accomplishment builds upon Pacific Lion's separate commitment to provide $2,040,000 in funding to HUMBL over the next six months.
Recognizing the strategic advantage of having most of its debt held by a consolidated creditor, who is also a long-term investor in the company, HUMBL has deepened its financial relationship with Pacific Lion; as well as introduced a newly designated class of Series C preferred shares. This innovative class of Series C shares is designed to prevent conversion to equity until an uplisting to a national securities exchange like the NYSE occurs. If HUMBL remains listed on the OTC Markets, the Series C shares will remain non-convertible into common shares for a period of two years. In the event of an uplisting, the Series C will be eligible for conversion at a 25% discount to the market price on the date of the listing to a national exchange, along with leak-out provisions.
"The commitment of over $5 million from Pacific Lion in October alone, through the purchase of both Series C preferred stock, and further debt consolidation, is another key milestone for our relationship with HUMBL,” said Jacob Fernane , Managing Partner of Pacific Lion. “This underscores our trust in the HUMBL management team and our belief in the value of the Company's products and business model. We are bullish about HUMBL's future and are proud to be its core funding partner."
"The consolidation of debt by Pacific Lion helps further strategically position HUMBL’s balance sheet for our next steps. We believe that continued debt retirement and consolidation will not only enhance shareholder value, but also advance the Company towards its future growth objectives,” said Brian Foote , CEO of HUMBL .
HUMBL has retired over $22,000,000 in debt since the beginning of the calendar year.
About HUMBL
HUMBL is a technology platform with product lines including the HUMBL Wallet™, HUMBL Search Engine™, HUMBL Social™, HUMBL Tickets™, HUMBL Marketplace ™ and HUMBL Authentics™. For more information, please visit: HUMBL.com.
HUMBL has performed digital integrations with athletes and teams from the NCAA , MLB, UFC, WNFC, NASCAR Xfinity, World Surfing, World Rugby and more.
Don't you want to know? How many times did we hear that.
This is really 1 billion in volume today
Just saw this on twitter. Is it true?
Breaking news
Hedge funds will now be required to reveal the names of the stocks they are shorting.
Not even 10:00 and it is approaching yesterdays volume
San Diego, California , Oct. 11, 2023 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTC: HMBL) (“HUMBL” or the “Company”) announced today that it has signed a Securities Purchase Agreement (“SPA”) with Pacific Lion that will provide the Company with $2,040,000 in capital over the next six months.
The Company has received the first monthly installment of $300,000 in financing from Pacific Lion under this new funding structure. This financing necessitates the creation of a new Class C Preferred Stock that the Company will achieve through an amendment to its charter that it expects to file this week with the Delaware Secretary of State.
Key features of the new Class C Preferred Stock include:
No conversion into common shares for two years;
Automatic conversion at a 25% discount if listed on a national exchange; and
Prohibition on variable discount rate financings with any new investors.
To mitigate shareholder dilution, a 12-month lock-up / leak-out agreement will be implemented for Class C Preferred holders that will take effect subsequent to uplisting on a major national exchange.
In FY 2023, the Company has retired over $20 million in legacy debts and expects to continue to consolidate its remaining debt with the assistance of Pacific Lion.
The Company expects this funding to support its operational and development needs through the beginning of April 2024 , by which time it anticipates generating further revenue streams from its new AFL contract and other core product lines.
"This enhanced financing partnership with Pacific Lion not only provides $2M in additional financing, but also places us in a strong position to achieve our key milestones around Q4 2023 product launches, client program fulfillments and sales expansion,” said HUMBL CEO, Brian Foote . “We're poised for growth and appreciate the strong and continued support of our HUMBL shareholders as we drive forward into the new year.”
LOS ANGELES, CA / ACCESSWIRE / October 11, 2023 / Clean Vision Corporation (OTCQB:CLNV) ("Clean Vision" or the "Company"), a leading innovator in sustainable technologies, today announced that it has entered into a strategic engagement agreement with Grant Thornton International ("Grant Thornton"), a renowned global advisory firm, in 2023, for the issuance of up to $340 million in the form of notes (the "Green Bonds"). The Green Bonds will be issued (i) in accordance with the EU-Green Bond Standard in connection with the action plan of the European Commission on financing sustainable growth and as contemplated by the Technical Expert Group on Sustainable Finance (TEG) and proposed to the European Commission in its Interim Report on a "Proposal for an EU Green Bond Standard" and (ii) as bearer bonds under German law. The Company plans to use the net proceeds from the proposed Green Bond and note issuance to fund the establishment and operation of its patent-pending Plastic Conversion Network ("PCN") under the "Clean-Seas" banner worldwide. Clean Vision's engagement with Grant Thornton represents a significant step towards deploying the PCN and combating plastic pollution and advancing a cleaner, greener future.
Clean Vision aims to tackle the plastic pollution crisis by implementing its PCN on a global scale. With the net proceeds of the Green Bond, the Company expects to accelerate and expand its PCN by deploying plastic conversion facilities across multiple regions, worldwide.
The PCN is designed to optimize the way plastic waste is managed. Through our PCN, we strive to connect plastic feedstock to strategically located conversion facilities and reduce costs, logistics and carbon footprint associated with converting plastic waste, thereby reducing the environmental impact of plastic pollution. With a successful closing of the Green Bond, Clean Vision expects to be poised to make a substantial difference by commissioning a minimum of six plastic waste conversion lines in its PCN globally.
The Company intends to use the Green Bond proceeds to install its PCNs in West Virginia , Arizona , and Southeast Asia and expand its currently operational Moroccan facility. Our goal is for these strategically chosen locations to serve as pivotal hubs in the Company's mission to combat plastic pollution and create a more sustainable future for our planet.
Mr. Daniel Bates , CEO of Clean Vision , expressed his excitement about the engagement with Grant Thornton and the potential notes issuance, stating, "This engagement with Grant Thornton underscores our dedication to driving change in the fight against plastic pollution. I believe this is further validation of our commitment to sustainable innovation. We believe that with the support of our partners and investors, we can make a significant impact on a global scale."
Grant Thornton, known for its expertise in financial advisory and legal services in particular with regard to sustainable investments, is enthusiastic about supporting Clean Vision's mission to address one of the most pressing environmental challenges of our time. Together, they aim to demonstrate that sustainable business practices can go hand-in-hand with financial success.
"We are excited to work with Clean Vision on this groundbreaking initiative," said Dr. Oliver Decker , Partner and Head of Financial Services Legal at Grant Thornton. "We believe our expertise in sustainable finance and Clean Vision's innovative technology will create a powerful combination. We look forward to helping Clean Vision bring its vision to life."
The Green Bond is anticipated to attract environmentally conscious investors and institutions looking to support sustainable initiatives. Clean Vision is confident that this engagement with Grant Thornton and a successful Green Bond, which cannot be guaranteed, will not only drive positive environmental change but also set a new standard for corporate responsibility in the fight against plastic pollution.
Clean Vision is committed to transparency and will provide regular updates on the progress of the "Clean-Seas" initiative and the deployment of plastic conversion facilities through our PCN.
A video supporting the Green Bond can be seen here: www.cleanvisioncorp.com/greenbondvideo
40 mil buying volume.
Wow. 157 mil of the total 165 mil in the last hour. Looking for continuation tomorrow.
Just happy to 4's hitting
$IGEX The Mineral Company
@IGEX_Official
·
1m
Our new phase is defined by ambitious strategic objectives. We're committed to driving growth, expanding our reach, and fostering innovation. Together, we'll build a stronger future and deliver value to our stakeholders. #WeAreIGEX #StrategicObjectives #Growth
Or if. lol
Supposedly the court case is in appeal. Not sure what that means or when it will get heard.
insert-text-here
New video
I was I knew how to post it
SAN DIEGO, CA / ACCESSWIRE / September 20, 2023 / TPT Global Tech, Inc. ("TPT" or "TPT Global Tech") (OTC PINK:TPTW), based in San Diego, CA , announces a Share Purchase Agreement (SPA) completion, acquiring a 60% ownership in Tekmovil Holdings, LLC , ("Tekmovil") the largest smartphone distribution company in Latin America .
For the twelve months ended June 30, 2023 , Tekmovil generated approximately $210 million in revenue with a net loss of approximately $32M (unaudited) largely from its debt burden that is intended to be restructured in conjunction with this transaction.
An important part of this acquisition is the integration of TPT's VuMe Super App into mobile devices distributed by Tekmovil . Leveraging TPT Global Tech's technological prowess and tapping into Tekmovil's extensive distribution network, we believe we are poised to deliver an unrivaled content experience to users across 16 nations in the Americas .
Tekmovil now gains real-time access to the VuMe Super App's backend dashboard, offering insights into performance metrics, usage statistics, and real-time revenue streams stemming from TV broadcast services and in-app purchases.
The acquisition for 60% ownership includes two payments totaling $40 million . The initial payment, up to $20 million , can be settled either in cash or through TPT Global Tech Series E Preferred Shares, with a minimum of $10 million in cash paid by October 31, 2023 , unless extended by Tekmovil shareholders. Any remaining balance from the first installment can assume the form of a promissory note up to $30M USD , payable on or before March 31, 2024 , funded from the proceeds of TPT's planned public offering. The subsequent $20 million payment, at Tekmovil shareholders' discretion, can be fulfilled in cash or TPT Global Tech Series E Preferred Shares. Furthermore, a provision allocates up to $80 million of funds raised from TPT's public offering to facilitate the restructuring of Tekmovil's senior debt through loans encompassing a 5-year term with provisions for expedited repayment to TPT. Finalization of these transactions by March 31, 2024 , is subject to adjustment up or down depending on Tekmovil's EBITDA results from the following twelve months, completion of audits, and other customary closing considerations. Funding for this acquisition is intended to come from existing Reg A capital raise, debt financing, or the proposed public offering. For more information see TPT's Form 8K filing.
16 Countries
120 Employees
Tier 1operator &* Retailers
Top OEM Brands
Stephen J. Thomas III, the CEO of TPT Global Tech , commented, "The acquisition of Tekmovil signifies a critical juncture in the progression of mobile content engagement. We believe it is poised to significantly reinforce our standing in the market. Over the past year, I have consistently emphasized TPT Global Tech's dedication to providing the essential building blocks for the advancement of TPT. The acquisition of Telmovil underscores our unwavering commitment to our corporate vision and our shareholders, as we persistently endeavor to augment shareholder equity in the years to come."
Stephen J. Thomas III, the CEO of TPT Global Tech , commented, "The acquisition of Tekmovil signifies a critical juncture in the progression of mobile content engagement. We believe it is poised to significantly reinforce our standing in the market. Over the past year, I have consistently emphasized TPT Global Tech's dedication to providing the essential building blocks for the advancement of TPT. The acquisition of Telmovil underscores our unwavering commitment to our corporate vision and our shareholders, as we persistently endeavor to augment shareholder equity in the years to come."
I have to admit I did not expect over 200 mil volume in the 1st half hour
MIAMI , Sept. 12, 2023 (GLOBE NEWSWIRE) -- GelStat Corporation ("GelStat" or the "Company") (OTCPink: GSAC), a development stage company currently focused on the research, development, and marketing of engineered solutions for the industrial security and clean energy industries, today announced that its recently formed subsidiary, GSAC Engineering (“GSACe”), has concluded the purchase of certain key intellectual property assets from Duos Technologies Group, Inc. (Nasdaq: DUOT) (“Duos”).
GSACe is focused on providing engineering solutions and support for certain critical infrastructure including information technology, security operations, and environmental systems. This deal involves the transfer of Duos’ Intelligent Correctional Facilities Automation Systems (“iCAS”) business line, giving GSACe the opportunity to expand into new products and contracts.
The acquisition included foundational operating environment software, infrastructure, engineering designs, and processes with technology management supporting three medium to high-security facilities being serviced by GSACe. This launch is the first phase in a series of calculated steps being taken by GSACe to establish itself as a competitive alternative in the industrial security market. GSACe plans to combine the acquired assets with certain technological capabilities it has already developed in-house to deploy in an updated solution later this year with a designated customer.
“Our acquisition of this technology is a key step in the previously announced transition of the Company," said GelStat CEO Javier Acosta . “We anticipate making further announcements in the near future which will further solidify our entrance into this market and pave the way for revenue growth and profitability in the next few years.”
Additionally, the Company has opened an office in Miami, FL and also expects to establish a new research and development headquarters in South Florida in the near future. In conjunction with this move, Gelstat closed its warehouse in Stuart, FL and has currently suspended its natural pharmaceuticals operations in order to focus all resources on its new division.
Someone just bot 11.5 mil
San Diego, CA , Aug. 31, 2023 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTC: HMBL) (“HUMBL” or the “Company”) is pleased to announce a strategic expansion in its relationship with strategic funding partner Pacific Lion, showcasing the latter’s commitment to HUMBL's continued growth.
To fortify HUMBL's financial position and ensure ample working capital going into its planned Reg A offering, Pacific Lion has increased its funding commitment amount to HUMBL . By amending the existing note with the Company, Pacific Lion has increased its potential funding amount to HUMBL from $800,000 to up to $2,000,000 .
Moreover, demonstrating strong confidence in the Company’s prospects, the Pacific Lion warrant terminates within an 18-month period if HUMBL is not able to successfully uplist to a major exchange during that time period. This condition to the effectiveness of the warrant reflects Pacific Lion's confidence in HUMBL's efforts towards listing on a major exchange in the future.
Furthering their integral partnership, Pacific Lion has played a pivotal role in supporting HUMBL's endeavors. They have strategically referred the Company to supplemental SEC counsel, aiding the Reg A process, as well as senior executives at the NYSE, along with other service providers.
Jacob Fernane , Managing Partner of Pacific Lion, issued the following statement: "We are privileged to serve as HUMBL's key financial collaborator during this pivotal moment in the Company's strategic evolution. Our capital allocation is strategically designed to fortify HUMBL's working capital needs and roadmap towards meeting the stringent listing requirements mandated by senior exchanges. HUMBL's strong executive leadership aligns well with our commitment to company vision, operational efficiency, cost reductions, and the goal of uplisting. We stand resolute in supporting the Company's capital requirements through this essential period."
Brian Foote , CEO of HUMBL , commented: "Pacific Lion has been an important financing partner to HUMBL . They have also provided business planning and strategic networks that fit with our key focus initiatives at the company. We’re deeply appreciative of the relationship.”
About HUMBL
It seems so. I love surprises.
.003 up now
Nice strong close .0029. Next week?
25 mil bot at the ask .0004
Ask size is 710,888. Two trades for that went thru
A little consolidation and then a continuation over .003
40 mil volume. Keep the pressure on
Good start