Oh stop already. What you suggest about HMBL giving back money due to the stock tanking is not even in the realm of reality. Catch a clue.
If HMBL didn't think that they were on the hook for substantially more than $2.2mil, they wouldn't have paid it. The "hint" was a hint that I read the court document as I said there was a nondisclosure paragraph in there to keep Sharp from letting everyone know that HMBL screwed up concerning the toxic debt. You stated that I didn't read it. As if you would know what I read. To HMBL's defense, once the stock dropped to below a buck from it's high, there wasn't going to be any real financing to be had anyway. Foote talks about how hairy things got for a while and how they had to cut costs to the bone to stay afloat.
Why do you keep bringing up the RS but don't talk about the toxic debt? The RS was crappy because you never RS before major conversions take place. Had they done a 20 to 1 RS with the preferred being part of the RS, it could have worked, but they didn't do that. For you to repeatedly point to the RS as my reasoning means you cannot connect dots. The RS happened first. That was against Sharp's way of doing business unless necessary (he said so in several tweets). The toxic debt caused Sharp to quit. The rescinding of the toxic debt "bridge loan" with Brighton allowed Sharp to reconsider. The addition of Monmoth and other toxic loans caused him to quit again. Sharp reached out and offered $2mil in cash so that HMBL wouldn't need to borrow using toxic loans. They took the money and did the toxic debt anyway. This is not hard to understand.
I'd like to say that all this is in the past and HMBL is on its way to full recovery, but Pacific Lion or Foote or both are either lying or very confused. If they can figure a way out of the OS - whether it is a RS once the company has positive cash flow, or a stock repurchase plan, there is great hope. If the toxic debt can't be stopped, the only hope will be to catch the next few bounces on the way to the dead cat.
