HUMBL Inc (HMBL)

[TenKay]

“So, logically, and using common sense, it can easily happen again“

Ok…I will stipulate that if the stock goes back to $0.0001 a similar run is possible.

On a serious note the reason the stock is unlikely to have a similar sort of run again is because of the amount of dilution that the Pref B and Warrants represent when the time comes. That time was not last year or early this year or even now (and yet here we are having dropped 90%) from the high with NO dilution.

And this will be ANYTHING but limited dilution…over the last 30 days the stock has averaged about 5 million per day. The number of days in the last six months over 15 million in a day is pretty small.

The point is up to 370 million shares (with a cost basis of $0.00001) will be eligible for free trading on Feb 26…that is a HUGE multiple of the average daily volume and that is not even accounting for the 250 million in the warrants.

And then there is the 70+ million each month thereafter…and that is almost equivalent to what the TOTAL volume is in a month with no dilution.

I am a big believer in math and that math is not good.