HUMBL Inc (HMBL)

[The_Truth_NL]

Well, I certainly read that differently. To me - it was a very smart business move when they just proved their value was much higher but finding 3 different buyers for a total of double their market cap. They are still “holding companies, but a smaller percentage of bigger companies. They clearly want to focus on what they believe is their main product, and let the experts in the other fields maximize them.
In this economy/recession and market - they did a tremendous job of figuring out the best path forward. That’s what great management does.
Humbl gets a new CEO who will have the time to focus on the operations, and on the big uplist.
Brian gets to still have final say in the companies future, but gets freed up from the day to day to be able to focus on his vision - which ultimately the company needs to be a dominant force in the future.

Having a mining company in the fold will have lots of positives as well; including a new revenue stream, a steady source of Bitcoin to sell through their platform (Wallet), a huge asset to use against future borrowing. I expect a lot of other “small” mining companies will come on board to use Humbl’s ecosystem as it grows.

Having 10 million more in the bank is going to an enormous help as well, as you have pointed out as a need numerous times.

From day one - Humbl has let us know that they won’t be afraid to buy companies that fit their needs and their big picture. This is the 4th acquisition this year, to follow a few last year. And to me - this is the best one yet when you look at the entirety of the deal.

$HMBL