Replies to post #112826 on HUMBL Inc (HMBL)

[NoMoDo]

Couple things you might have missed. Says contracts in place. They also are mining bitcoin for actual money. So your math is a bit fuzzy. Even if both end up a small amount at present, the acquisition adds another branch to this business and brings a ton to the table.

When you buy a company that includes people continuing on, you are paying for their expertise. They also have experience in uplisting. Gonna happen and I would guess soon.

Also, they will be paid in stock. Which means that the people who are going to hand over $10 mil in cash and contracts and expertise and an ongoing business, they just invested heavily in a stock called HMBL.

As for your innuendo, the selling company knows that you don't pick up $60mil worth of stock in a company with $120mil market cap in expectation of selling your shares. If they dumped, they might get $3mil if they were lucky. They are in it to win it.

[samsamsamiam]

I mentioned earlier today about new funding and what it might mean to the share structure.
I will keep an eye on the Authorized shares in Delaware to see if they increase anything.

[OMOLIVES]

Said failed IPO owes Ecoark Holdings Inc a $7.5 million term note @ 10% which is due Sept 30th..and by their own admission..will not be extended.

[OMOLIVES]

Also ....:

When Ecoark effects the planned stock dividend of 33,336,997 Agora shares, the impact may depress our common stock price.

Approximately 90 days following the date of this prospectus, Ecoark is expected to effect the stock dividend of 80% of its Agora common stock as a dividend to its stockholders, or 33,336,997 shares. See “Certain Relationships and Related Party Transactions.” The underwriter has required Ecoark to enter into a lock-up agreement under which for 90 days (or such lesser period as the underwriter may agree to) following the date of this prospectus it will not effect the stock dividend of our common stock. Once it does, a large number of shares will be available for sale and our stockholders may rapidly sell them resulting in a significant decline in the market price of our common stock and dilution to our stockholders.

So not sure how that would apply...unless that is part of the inflated, overvalued price being payed.