HUMBL Inc (HMBL)

[Farmboynate]

this also says alot issuing stock at .00005 already wow what the heck

NOTE 9 SUBSEQUENT EVENTS
Since June 30, 2010, the Company has issued 353,500,000 shares of common stock to sophisticated
accredited investors under convertible debentures. The Company issued $45,000 worth of convertible
debentures and has converted $21,231 of debentures at a price between $0.000005 and $0.00012 during
the period.
In addition, the company has issued 30 million shares of restricted common stock in exchange for
services rendered by Deerwood Capital, LLC (a company owned by Henry J Boucher, Jr., the Company’s
CEO). These shares were issued at a price above the listed selling price on the day of issue. Deerwood
Capital also purchased, at par, an additional 1 million shares of Series A preferred stock.
As of August 12, 2010 the outstanding common stock of the company was 788,731,657 and the free
trading shares were 485,397,062.