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Saturday, January 20, 2024 12:49:57 PM
While Foote's actual salary is hidden in GA, I'm inclined to agree that Foote pays himself well now, not in future compensation. Not only does Foote appear to be doing well personally, he can personally purchase items like the Blue NFT for $400,000, which he later donated to Humbl and certainly received a tax break. Was Foote independently wealthy before he started Humbl so he can live well off only his previously accumulated wealth and buy $400k NFTs? If so, he must feel sticking his money into Humbl stock is a poor investment, otherwise he would be doing so. Foote's actions indicate that he doesn't seem to share your belief that Humbl is a rocket.
I also don't see the lack of understanding which you say Surfkast has. Everyone knows that businesses have expenses. I agree with you that those expenses can be substantial. The big question is whether the company creates value in excess of those expenses. Admittedly, it's tough to measure value produced, if any, but after three years, Humbl is still fully entrenched in its role of incinerating cash while the future is still a dream.
Virtually all of Humbl's revenues are from Ixaya and merchandise. It appears the Humbl's various technologies continue to produce goose eggs, not even a noticeable green shoot.
Recent HMBL News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:16:18 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 07:23:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/10/2024 09:17:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 02:19:41 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 01/03/2024 05:00:32 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 12/06/2023 09:05:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/25/2023 01:00:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/13/2023 09:20:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/31/2023 01:15:12 PM
- Form 1-A - Offering Statement [Regulation A] • Edgar (US Regulatory) • 08/22/2023 07:48:47 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 09:14:03 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/04/2023 08:53:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/20/2023 09:15:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/20/2023 09:15:09 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 06/30/2023 08:35:16 PM
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