The B-share investors had a cost basis of $0.000007 per common share as the consideration for them selling their interest in Humbl to TNSP. - FACT
B-shares that were converted and sold since the common stock conversions could become free trading amounted to over $50 million at the market price that was in play at the time of each conversions. - FACT
The changes in the share structure over that period shows that the conversions were sold into the market almost immediately. - FACT
The share price for the average retail investor over the same period lost over 99% of its value. - FACT
I think you have taken lessons from Foote on how to make something sound complicated in order to obfuscate the underlying reality.
It was an insider enrichment scheme…and it became a big one…more so than any of the parties probably anticipated.
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