Here's some NOT made up speculation >> Brian Foote tweeted yesterday (reading between the lines) that HUMBL is in trouble...looking for funding, firing employees, trying to cut costs, etc. But you already knew that. And many of the FORMER staunch supporters are in mutiny mode. I wonder how many will be bailing. This ticker will be lucky to be trading at over a $.01 by next week.
“”Friends and family” is how I have chosen to characterize the Pref B holders. You can characterize them anyway you want.
And yes facts do matter. Like this fact:
The Pref B holders have pocketed over $50 million in the SAME TIME PERIOD as the stock price has dropped over 98%. And that drop is due in large part to the dilution those conversions have created.
The Pref B holders have enriched themselves significantly on the backs of HMBL common stock investors.
Which was predicted by many of us when that issuance was revealed.
HUMBL @HUMBLPay · 13h To further enhance consumer protection and security, #HUMBL will be requiring email confirmation of any digital asset transfers leaving your #HUMBL_Pay app.
This includes all peer-to-peer (P2P) and external wallet transfers. Thank you. ??
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