HUMBL Inc (HMBL)

[NoMoDo]

No it isn't.

It's igniting cash as fast as it can raise it.

Do 10 minutes of research before coming here. Their burn rate is $300k/month. That will continue to get smaller as we move along. In April, they will get $5/ticket at a minimum of 8 games/week. May grow from there. They also are working on international games (read 8k closely). They also get a portion from all other activities related to AFL - Merchandise/Memorabilia, concessions, promotional events... Starting in April, they should easily be profitable if not well before.

Santa Cruz they started with one thing - RV permits. It has moved to things like fishing licenses and dog permits. As they prove that the system works, it will be able to accommodate things like birth certificates (already in the works), marriage certificates... even driver's licenses, car titles, home titles... everything local gov has it's hands on. As they move into other things, they open the possibility to duplicate their work at very little cost to other cities - potentially all cities in CA and then to other states. Sure, they may only make a few bucks on each item. But even with the mass exit from CA, it still has a really big population.

If you can't see the potential, you are probably on the wrong board.