Replies to post #88745 on HUMBL Inc (HMBL)

[TenKay]

If the company statements surrounding the reverse split and AS raise are to be believed, then pretty much the entire room left in the AS is to cover the conversion potential of the preferred stock to be issued to Humbl owners and employees as consideration for the acquisition of HUMBL. That would leave the current common shareholders with about 15% of the total equity in the company.