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Cinnyricinclus

12/16/23 1:25 PM

#120687 RE: Humbl Crybabies #120686

Fair enough. You believe Humbl's value is in Foote continuing to try new ideas until he finds something which works. You acknowledge that he's pivoting because he hasn't found anything which works yet, but you believe he will if given enough time and money.

I don't see anything ground breaking about Humbl's app. There are already many social apps and many payment apps. Even if Foote succeeds to get users, competition would be heavy. To me, it seems like a tall order and expensive even at 1/10 of a cent.

For you and your restaurants, you're highly motivated to get the menu right and to implement improvements which increase your returns. You're spending your own money to make improvements so you want to be sure there's a return on the money you spend. Foote has much less pressure since shareholders are funding Humbl by continued investment. It would be interesting to know if Foote would keep running Humbl with his own money if investment money were suddenly cut off.
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I-Glow

01/19/24 1:08 PM

#121122 RE: Humbl Crybabies #120686

This is your first post and you have only posted on the HUMBL board.

"Amazon first sold books. Major companies pivot and also fail at certain business aspects. Humbl will try many more things that will fail and they will have to drop it and move on. It's called business."

A friend of mine helped launch Amazon:

"Thanks for the great work on our launch, Eric. Your efforts and report were excellent.
— Jeff Bezos, Founder / Amazon.com

His name is Eric Ward - he passed away a few years ago.

Amazon started in July 1994 and in May 1997 Amazon did an IPO. In 1999 Bezos was named Time Man of the Year.

Only complete noobs compare Amazon to HUMBL. HUMBL is down to trips. You have no idea how many times someone posts about Amazon comparing it to some OTC scam.

HUMBL isn't exchange listed it is still a Pinky.

If you had taken the time to read the financials you would know that HUMBL is Balance Sheet insolvent.

In the last Q - Loss from Operations = $11,013,831

And the SGA was $8,006,792 - this is where the sins of the insiders are hidden.

So little pumper boy what is so great about HUMBL.

HUMBL was setup as a insider enrichment scheme.

IG