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Chronic The Hemp Hog

05/18/22 1:44 PM

#110511 RE: NoMoDo #110509

See there is that investor that provided capital and credit line. Humbl didn't get any private investment before going public. After going public no money either and no credit. The only thing that Humbl has are convertible notes payable.
And I can agree that things are happening at Humbl but not right now it isn't outpacing the dilution that is occurring. Until revenues reach 10s of millions and have a gross profit that is close to breakeven. I will remain on the sidelines.
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OMOLIVES

05/19/22 1:30 PM

#110545 RE: NoMoDo #110509

? Floundered ...wow..a bit of a stretch and a shitty comparrison:

Apple Computers, Inc. was founded on April 1, 1976, by college dropouts Steve Jobs and Steve Wozniak, who brought to the new company a vision of changing the way people viewed computers. Jobs and Wozniak wanted to make computers small enough for people to have them in their homes or offices. Simply put, they wanted a computer that was user-friendly.1

Jobs and Wozniak started out building the Apple I in Jobs' garage and sold them without a monitor, keyboard, or casing (which they decided to add on in 1977). The Apple II revolutionized the computer industry with the introduction of the first-ever color graphics. Sales jumped from $7.8 million in 1978 to $117 million in 1980, the year Apple went public.2

Wozniak left Apple in 1983 due to a diminishing interest in the day-to-day running of Apple Computers. Jobs then hired PepsiCo's John Sculley to be president. However, this move backfired and after much controversy with Sculley, Jobs left in 1985 and went on to new and bigger things. He founded his own company NeXT Software and he also bought Pixar from George Lucas, which would later become a huge success in computer animation of such movies as Toy Story, A Bug's Life, Monsters, Inc., and Finding Nemo.3

Through the rest of the 1980s, Apple was still doing well and in 1990 it posted its highest profits yet. This was, however, mostly due to the plans that Jobs had already set in motion before he left, most notably his deal with a tiny company by the name of Adobe, creator of the Adobe Portable Document Format (PDF). Together the two companies created the phenomenon known as desktop publishing.4


https://guides.loc.gov/this-month-in-business-history/april/apple-computers-founded