HUMBL Inc (HMBL): Even if they raised the authorized..they...

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Re: TenKay post# 106182

Tuesday, 01/04/2022 5:49:56 PM

Tuesday, January 04, 2022 5:49:56 PM

Even if they raised the authorized..they would still run into major trouble raising cash due to their previous raises. They did well on the way up..have to admit...but they apparently just burned through cash. The last convertible note is dated October 12, 2021 for $306 thousand. Apparently they received $4 Million that same Month...so why take the $306k..unless it was before the fact. I am still perplexed why those warrants were exercised in October. Where they hard up for cash? Hope not.

And you're right...they have no room in the current authorized...and if they raise such...well...no need to state the obvious.

Burn from Jan 1 to Sept 30th:

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