HUMBL: Illusions of Grandeur, Collapsing International Deals, And Lurking Dilution Published on May 20, 2021
The strategy was orchestrated in part by the company’s financial advisor and a major warrant holder, George Sharp, who gaslit investors following revelations of the issuance, later saying details on corporate action were withheld so as not to create “mass panic” and to save investors from themselves. Over the weekend, Sharp, who had made his account private days before, announced on Twitter that he was parting ways with HUMBL, leaving public shareholders little to show for these massive giveaways to insiders except ever-more grandiose plans that appear stuck at the vapor stage.