HUMBL Inc (HMBL)

[Cinnyricinclus]

"Investors don’t calculate the value of the company they invest in based on authorized shares?"

Of course not. But they should calculate the share value based on the value of the company and the fully diluted outstanding shares. Currently there are about 6.5 billion shares on a fully diluted basis.

Further, Brian Foote has series A preferred shares which don't have any economic interest but give him 70 billion votes. That makes sure that other shareholders will never get any meaningful vote. Brian Foote is locked and loaded and the only job of shareholders is to hand him their cash.

It's possible that Humbl is a bear trap and will have a big jump but, in my strong opinion, holding long term isn't going to end well for shareholders.