HUMBL Inc (HMBL)

[TenKay]

The run that TSNP/HMBL had was not a short squeeze. There wasn’t enough short interest. It was the intersection of George Sharp, social media, a reverse merger and the irrational exuberance of the OTC beginning late last year. Dozens and dozens of dead shells were running.

Most the the OS is in the float. Probably over 85%.

But right now, 15% of the company equity is in the common stock held mostly by retail. The remaining 85% is in the convertible Pref B held by the owners and employees of Humbl LLC.

The issue that is coming is when that Pref B stock can be converted into free trading stock which will be in February 2022.

It could overwhelm the markets ability to absorb and the price will react accordingly.

For those selling, they probably won’t care. The cost basis of that stock they will be selling will have been less than $0.0001 per common share.