Replies to post #88408 on HUMBL Inc (HMBL)

[Chronic The Hemp Hog]

"He did the RM into a 'legit' shell for fast access to the market, knowing OTC is risky."

Why fast access to the market if it is done by a means not raising funds for company? If Humbl didn't need funds then should have stayed private. If Humbl needed funds then why reverse merger into a shell that has billions of shares outstanding? Having current financials would shed a lot of light on how much cash they have on hand to operate with and cashflow. Maybe they don't need funding any longer, wouldn't that be great!

That is the ultimate answer I and probably others are seeking. Not bashing -- just can't commit money to this investment until I understand what Foote is trying to do. Not that he has to explain himself but it sure would boost investor confidence a lot.

[samsamsamiam]

. I actually personally know a VC CEO who was approached buy BF a year ago for funding. They almost pulled the trigger, but didn't and now he regrets it!



He regrets it? Did he actually say that? Who regrets it? The VC or Brian?

I suspect he didn’t fully understand reverse mergers and what came with it and put his total trust in George to make it happen. Perhaps it was unfortunate that the company that landed on George’s lap at the exact same time Brian came along was unfortunate. At least an SEC REPORTING company woukd have saved them some grief.