HUMBL Inc (HMBL)

[The_Truth_NL]

They went public for this very reason though - to fund themselves and the business while they worked on their products. This is why everyone goes public - to sell shares to fund a business, and/or to use as collateral or as assets for borrowing.
I hated the RS, how it was done as a surprise, tied into the name change. It killed the stock run. This is why 11 new MM’s moved into trading this stock as well - as they knew an unbelievable short opportunity was about to present itself.
I also hated the way they kept their shares while combining ours. But they had to. They had no shares at that point - of their own company because of the way the shell they bought was structured. So I understood. But that was the time to sell.
And the pandemic set them back immensely. The markets they were targeting became very restrictive, travel was off the table, and economies were stalling after shutdowns. Timing wasn’t helpful at all.
So here we are. I see these prices as a great buying opportunity. So do thousands of others. This company can fund themselves for quite some time with shares if the revenues are slow to develop this spring. But the revenues are on the horizon. So the stock will run again, imo. I’ll keep buying a million shares here and there at these prices until then.
Good luck!

$HMBL