Replies to post #112825 on HUMBL Inc (HMBL)

[TenKay]

They are spending $60 million in company equity for $5 million in Bitcoin mining equipment and $10 million in cash.

That is a 50% increase in the equity for value of $15 million….that is about $0.02 per share.

Brian has shown a tendency to over pay for things.

No wonder Ecoark did the deal…they are probably wondering how they made out so well.

Will be interesting to see the details on the designation of that preferred stock…convertible perhaps? ;-)