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Re: TenKay post# 144305

Thursday, 05/15/2025 4:15:53 PM

Thursday, May 15, 2025 4:15:53 PM

Post# of 148149
“Boatloads of stock dumped”

Yes, there’s been selling. It’s called **legacy debt conversion** a known process in early-stage companies repositioning after a toxic funding phase. HUMBL has been **unwinding old convertible notes** while restructuring the entire business model, launching JV infrastructure plays, and consolidating IP into WSCG.
You say “zero track record”?
Let’s clarify:

* HUMBL now owns equity in WSCG, which holds their blockchain IP and wallet tech. That’s a filed, completed asset sale.
* HUMBL Ventures is in a JV with MultiCortex AI, recognized by *VIDIA not a press release, a real listing.
* They're shifting toward a holding company model that lets them extract value from multiple revenue channels instead of chasing a single failing app.

You call it Lucy and the football.
I call it the removal of the old playbook and the beginning of something institutional money might actually take seriously.

You don’t have to like HUMBL.
But pretending nothing has changed is just lazy.
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