HUMBL Inc (HMBL)

[The_Truth_NL]

They are unable to cash out 10% though. Read the filings. Selling Preferred B’s is a highly restrictive process and very limited amounts. It would take a few years to convert that many Preferred B’s. Do the math. It’s a low number we might be facing.
But you’re 1/4 right. Some will want to cash out. My best guess, based on analysis and personal knowledge in this area - they will be bought AS Preferred B’s by someone who wants a seat at the table, or someone at the table wanting to build their share of the company.
I firmly believe we will see a very small amount hit the OS. And I think some shares hitting the open market will be a good thing for the SP.

Watch and see.

$HMBL