Monday, April 08, 2024 12:49:10 PM
I persevered through your post anyway and all I have to say is do some dd.
Beta testing is going to be free, but if that city or... better still, all of California starts using HMBL's wallet (and yes... for more than dog licenses - beta test on something inconsequential), that alone will make HMBL more costly than you will be able to afford. Foote suggested that Utah is looking into Santa Cruz's results as well.
The ticketing company will likely be almost as big as the wallet. They have a contract with AFL in which we should see HMBL become profitable within the next month. Read the contract.
Social media company - I think this will be a nothing division until regular people learn how to register and use this feature. Once they decide on a niche - like a stock division, and people can register easy, it should do very well.
The burn rate is low for the product they created. Compare to other companies. That burn rate is already going way down. Compare FY 2022 to FY 2023. If you want to complain about something that is real, complain about how Foote wasted money on a monkey cartoon character or how he bought a hotel room. Complain about how he set up the company at the startup. Those things are real. Then again, much of that mess is fixed or being fixed.
Recent HMBL News
- 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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