HUMBL Inc (HMBL)

[Cinnyricinclus]

Fair enough. You believe Humbl's value is in Foote continuing to try new ideas until he finds something which works. You acknowledge that he's pivoting because he hasn't found anything which works yet, but you believe he will if given enough time and money.

I don't see anything ground breaking about Humbl's app. There are already many social apps and many payment apps. Even if Foote succeeds to get users, competition would be heavy. To me, it seems like a tall order and expensive even at 1/10 of a cent.

For you and your restaurants, you're highly motivated to get the menu right and to implement improvements which increase your returns. You're spending your own money to make improvements so you want to be sure there's a return on the money you spend. Foote has much less pressure since shareholders are funding Humbl by continued investment. It would be interesting to know if Foote would keep running Humbl with his own money if investment money were suddenly cut off.