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Re: octodb post# 106333

Friday, 01/07/2022 12:13:23 PM

Friday, January 07, 2022 12:13:23 PM

Post# of 122592
These comparisons of outstanding share counts are hilarious. The OS, in a vacuum, is meaningless. What does matter is the share count relative to various financial metrics that give some sense of what a “per share” value is for it.

A company that has an OS of 16 Billion shares when its revenues are over $350 BILLION per year and is highly profitable has an SIGNIFICANTLY more healthy share structure than a company with an OS of 1 Billion shares and revenues of maybe $5 million per year…and losing multiples of that in the process.

And that is not even accounting for the non-trading equity of another 5 BILLION shares sitting in the wings for the latter.

HMBL’s share structure is ridiculous for the scale of its business…and it is only getting worse.

"Harsh reality is always better than false hope"

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