And cash - coming from his dad?? From selling shares???
PROMISSORY NOTE Effective Date: February 22, 2022 U.S. $3,000,000.00 FOR VALUE RECEIVED, HUMBL, INC., a Delaware corporation (“Borrower”), promises to pay to SARTORII, LLC, a Delaware limited liability company, or its successors or assigns (“Lender”), $3,000,000.00 and any interest, fees, charges, and late fees accrued hereunder on the date that is thirty-six (36) months after the Purchase Price Date (the “Maturity Date”) in accordance with the terms set forth herein and to pay interest on the Outstanding Balance at the rate of four percent (4%) per annum simple interest from the Purchase Price Date until the same is paid in full. This Promissory Note (this “Note”) is issued and made effective as of February 22, 2022 (the “Effective Date”). This Note is issued pursuant to that certain Note Purchase Agreement dated February 22, 2022, as the same may be amended from time to time, by and between Borrower and Lender (the “Purchase Agreement”). Certain capitalized terms used herein are defined in Attachment 1 attached hereto and incorporated herein by this reference. …
IN WITNESS WHEREOF, Borrower has caused this Note to be duly executed as of the Effective Date. BORROWER: HUMBL, INC. ACKNOWLEDGED, ACCEPTED AND AGREED:
Exhibit 1.4 Effective Date: March 30, 2022 PROMISSORY NOTE FOR VALUE RECEIVED, HUMBL, INC., a Delaware corporation (“Borrower”), promises to pay to SARTORII, LLC, a Delaware limited liability company, or its successors or assigns (“Lender”), $1,500,000.00 and any interest, fees, charges, and late fees accrued hereunder on the date that is thirty-six (36) months after the Purchase Price Date (the “Maturity Date”) in accordance with the terms set forth herein and to pay interest on the Outstanding Balance at the rate of four percent (4%) per annum simple interest from the Purchase Price Date until the same is paid in full. This Promissory Note (this “Note”) is issued and made effective as of March 30, 2022 (the “Effective Date”). This Note is issued pursuant to that certain Note Purchase Agreement dated March 30, 2022, as the same may be amended from time to time, by and between Borrower and Lender (the “Purchase Agreement”). Certain capitalized terms used herein are defined in Attachment 1 attached hereto and incorporated herein by this reference
IN WITNESS WHEREOF, Borrower has caused this Note to be duly executed as of the Effective Date. ACKNOWLEDGED, ACCEPTED AND AGREED:
By: Jeffrey Hinshaw, CFO
LENDER: SARTORII, LLC By: Stephen Foote, Manager BORROWER: HUMBL, INC.
———- Company Name: SARTORII, LLC Entity Type: DOMESTIC LIMITED LIABILITY COMPANY File Number: 6537400 Filing State: Delaware (DE) Filing Status: Active Filing Date: January 11, 2022 Company Age: 2 Months Registered Agent: Map Icon spacer National Registered Agents,inc. 1209 Orange Street Wilmington, DE 19801 Governing Agency: Delaware Secretary of State
———- Would that be his grandfather??? Or father! How old is Foote?
Stephen Foote from Bethesda, Maryland, age 78
LIVED AT: 2635 Shalimar Cove, Del Mar, CA 92014; 5600 ***** Lane, Rockville, MD 20852 PROFILE SUMMARY: Stephen Foote was born in 1944 and is currently 78 years old. Stephen currently lives at 5312 Hampden Lane, Bethesda, MD 20814. Relatives & associates include Brian Foote, Brian Foote and Sandra Foote. Stephen Foote's phone number is (301) 481-7421.
Effective, February 28, 2022, the Company met the criteria for the BLOCK ETX operations to be classified as held for sale at that time pursuant to ASC 205-20-50-1(a).
Yes I can say I love every bit of what I have read , the company is doing great and really grateful that the company has family they can turn to for funding this amazing start up.
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