Saturday, December 18, 2021 2:27:36 PM
You're right that Humbl hasn't disclosed that George and Charger exercised warrants and sold resulting shares, but they don't have to do so. Next time Humbl files and discloses the remaining warrants you'll know with 100% accuracy whether warrants were exercised.
However, George and Charger have an incentive to exercise those warrants and sell shares, and George wouldn't be taking steps toward exercising the warrants a year early unless he intended to sell the resulting shares. The only other option is that George is playing a game to try to deceive investors by saying he is. In that case you don't want to be playing cards at all with a dealer who deals from the bottom of the deck of cards.
You do have a point but I think the needle is much closer to warrant shares being sold than not being sold.
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