NO Reverse Split for 2021 has been Announced.
CEO Brian Foote purchased $10,000,000 worth of stock or 318,000,000 shares directly out of the market to a new class of preferred shares.
This is unheard of today for a so called “start-up”.
The company also retired another 551+ million common shares as well.
The company issued 500,000,000 in warrants at $.10. These warrants can be exercised within 2 years.
This will enable HUMBL to use the $50,000,000 in cash to market their product and roll out their app.
It’ll also protect the company from dilution and future dilution as the man who set up the TSNP and HUMBL merger is in control of those 500,000,000 shares and he will always be in the best interest of HUMBL and their shareholders.
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