HUMBL Inc (HMBL)

[Cinnyricinclus]

I don't remember very many saying that 5B shares would be dumped now but maybe there were some people who mistakenly thought the Series B could be sold by now. Either way, that's not the case.

The year holding period is in February for the Series B, but Brian engineered a useless proposition that the series B can only be converted periodically over the next year and a half. Even after conversion, they still need to satisfy rule 144 which includes consent from Humbl. However there's now a recent registration statement which will allow some to convert and sell once the registration becomes effective.

At this time George Sharp could try to get an opinion letter on his warrants and exercise them since a year has passed. Since Brian filed the registration statement, that seems less likely to happen.