These comparisons of outstanding share counts are hilarious. The OS, in a vacuum, is meaningless. What does matter is the share count relative to various financial metrics that give some sense of what a “per share” value is for it.
A company that has an OS of 16 Billion shares when its revenues are over $350 BILLION per year and is highly profitable has an SIGNIFICANTLY more healthy share structure than a company with an OS of 1 Billion shares and revenues of maybe $5 million per year…and losing multiples of that in the process.
And that is not even accounting for the non-trading equity of another 5 BILLION shares sitting in the wings for the latter.
HMBL’s share structure is ridiculous for the scale of its business…and it is only getting worse.
But hasn't got 1/16th the long-term value in any sense. So, this is tremendously overvalued....I suppose that's what you're saying....it makes a lot of sense.