Replies to post #121687 on HUMBL Inc (HMBL)

[NoMoDo]

Then your premise is wrong. He didn't get his money back because the warrants were becoming worthless. He threatened to sue the company because of HMBL's actions were in direct contradiction to their agreement. HMBL would have lost the lawsuit so they returned his money to avoid an expensive court battle only to end up paying substantially more. HMBL needed to settle. Sharp could have crippled the company with a win. The suit would have been in the $6mil range plus court costs.

Read Sharp's tweets before/after the following events (list is in chronological order - not based on most egregious - because the RS was very minor compared to toxic debt):
1. RS
2. Brighton's $50mil convertible line of credit that was potentially very toxic
3. Sharp's first resignation as consultant <--- read this a few times also look at the timing.
4. The rescinding of the above line of credit. Timing
5. Sharp's rehire. Timing
6. HMBL starts using toxic debt again. Timing
7. Sharp resigns again <--- read this a few times. Praises Foote and staff for their intelligence and says they will figure it out eventually.
8 HMBL puts out statement that a lawsuit was circumvented by eliminating Sharp's warrants.
For some reason, Sharp didn't discuss the settlement. It is as if he wasn't allowed to say anything. That alone might have been worth the $2mil.