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Re: NoMoDo post# 120495

Monday, 12/04/2023 10:32:13 PM

Monday, December 04, 2023 10:32:13 PM

Post# of 122460
Hold on there. I'm not going to quibble over $0.0006 and 'near' is subjective. I'll concede if you want to believe $0.001 is not near the all time low.

WIth your assertion that Tickeri is a huge success because you say Humbl learned the business, keep in mind that Humbl didn't learn anything novel. Humbl learned the business from a business which was losing money. Humbl hasn't managed to make ticketing profitable either. Is Foote the right man to make that ticketing business profitable?? If so, why hasn't he done so yet??

And sure, you can say that Humbl's market value increased by $10 million based on the $0.001 share price vs. the virtually non-trading $0.0004 of 3.5 years ago, but keep in mind the change in the accumulated deficit is $97,000,000. That amount doesn't even include the money which investors paid for 1.5 billion shares worth of series B conversions, sold for as high as $7 or $8, nor the premium investors paid on the market for shares from convertible notes and placements. Humbl incinerated value. Probably around $200 million of newly invested money went up in smoke. Foote clearly has made value evaporate. So far Humbl has had a horrible track record.

No matter how much you want to paint Humbl as being successful, that notion doesn't mesh with reality.
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