HUMBL Inc (HMBL)

[nfrequent]

Wayfair has been selling home décor stuff to homeowners and interior decorators for years, but marketing building materials like flooring to bath and kitchen remodeling contractors, interior designers, and do it yourselfers is still fledgling. If Wayfair doesn't intend to develop that facet of their business, they wouldn't list building materials at all.

I agree that an update is in order, and I think we will get one fairly soon. I see no evidence of deceptive practices by the CEO, no PR hype to push the stock price. He has closed and reduced brick and mortar storefronts, and is letting it ride on online sales. He has been pretty straight about that. With the lower cost structure, he does not have to bet on his online market developing overnight either.

I've made a small bet he will persevere against the odds. If he can report some progress, maybe we see more trading activity. If he can show a significant increase in online revenues, maybe we see the price move too. How much? Who knows?