Well not so genius... a RS doesn't change ownership, it just divides the pie into less pieces. The reason a RS generally goes very bad on the OTC is because the company that dilutes a ton of stock for cash used for worthless things, will continue to dilute after the RS. Everyone knows that, so they see a RS and they dump.
HMBL is diluting a ton of stock for cash. They originally used it for really stupid things... like a huge office, companies that didn't fit their area of expertise, and digital cartoon pictures. Not to mention buying a hotel room at the Hard Rock Hotel. And... don't forget the warrants they issue for everything.
On the other hand, they bought Tickeri and learned the business and then dumped it instead of paying full price. They have been using consultants to create a wallet that is being beta tested in Santa Cruz that could give HMBL a competitive edge above major players. Initially more expensive, but once the product is completed, no more expense. If HMBL gets rid of their debt - hopefully almost done. Then the RS. We will likely take a 30% haircut immediately if no gov contract or other sports team announced concurrently, followed by a 400% rise within 4 months.
The only problem with this company at the moment is the use of stock to pay it's bills. It is necessity, but painful. The moment the share structure is where it should be - including being able to pay it's bills, the stock will move up. Question is... will the company get the gov contract, sports league, or sell enough Taylor Swift guitars or RG3 helmuts to start becoming profitable? I think it is worth the gamble and buying the stock at .0006 means regular people can buy millions of shares knowing that they will become 100's of 1000's of shares that are proportionately about the same value.. Some have bought 100's of millions recently.
