The Series B shares were created in December 2020 as a way to finalize the reverse merger between HUMBL LLC and TSNP (see above).
The Series B shares could have been issued at any time after this date. Instead, HUMBL management decided to issue them only after the common shareholder was put through a 1 to 4 RS which reduced public float by 75%. The timing is not coincidental -- at best it is predatory and opportunistic and at worst it is pre-meditated.
HUMBL management appears to have intended to issue these shares only after the RS was completed.
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