Replies to post #103421 on HUMBL Inc (HMBL)

[TenKay]

There were 1 billion warrants originally split between two entities. 500 million each. The RS brought that down to 125 million each or 250 million in total.

[Cinnyricinclus]

The 1 for 4 reverse split earlier this year would have cut the number of warrants as well. Unless I'm mistaken, there are, or were, 250 million warrants for 250 million new common shares on a post RS basis. Forwardly owned half and another holder held the other half.

Humbl's recent report, obviously on a post RS basis, said:

"On December 4, 2020, the Company granted 250,000,000 warrants to two separate holders at a price of $400,000. These warrants have a term of 2 years and are exercisable into shares of common stock at a price of $0.20 per share. In October 2021, 20,000,000 of these warrants have been exercise for $4,000,000."

[Perfectson]

odd the PR mentioned through Dec 2023, but it's supposed to be 2 years from when the warrants were issued, which would be Dec 2022.

Not sure if that's a typo