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Re: surfkast post# 147619

Sunday, 06/29/2025 12:41:48 PM

Sunday, June 29, 2025 12:41:48 PM

Post# of 161472
Wait. You mean the patents that Brian's private company now owns?

Yes, through a non-arm's length transaction, Brian's company paid HMBL for those patents and, as a result, HMBL owns an interest in the private company. But as I noted here numerous times, there is no way that HMBL shareholders are going to see any significant ongoing revenue from those patents.

If Brian's company starts to generate positive cashflow (a stretch) he's going to give himself a fancy company car, possibly a share in a corporate jet, and he will put his friends and relatives on the payroll. There won't be much of anything left for the HMBL Ventures (did the name change go through??) suckers to pick over.


Was not all the premise of the new company based on the patent

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