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Re: TheSprinx post# 120506

Tuesday, 12/05/2023 3:13:37 PM

Tuesday, December 05, 2023 3:13:37 PM

Post# of 122452
You'll have to understand that nobody's opinion, including mine, makes any difference to Humbl. Asking me to move along serves no purpose.

I get that you feel that Foote is finally making progress with Santa Cruz because you feel the app will open doors. I can't put a price on that but I will admit it's worth something.

I also get that business isn't always easy. You say Foote adeptly steered clear of icebergs. But, as I see it, it wasn't you or me who charted those courses. That was Foote. And each iceberg is a business he abandoned. He simply wasn't able to work his magic on those opportunities so he pivoted to new opportunities.

But somehow, Foote is the golden boy in whom shareholders have faith that he can produce an enormous amount value. Since he hasn't shown that ability so far, what exactly is Foote's magic? What amazing property does he possess which should compel investors to keep giving him their money so he can keep pivoting and hopefully stumble onto a business opportunity where his magic actually works? Maybe he does have some latent magic, but I'm unable to see what that might be. All I see is three years of incinerating investor cash as he continues to pivot and dilute.
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