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News Focus
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dukeb

04/17/25 3:24 PM

#142009 RE: uber darthium #142003

How about HMBL claiming that there were hundreds of merchants using HMBL for payments when the actual number was...maybe 1 or 2,
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EmpressMonk25

04/17/25 3:27 PM

#142010 RE: uber darthium #142003

You mean the part where they allege that HUMBL Pay's core features were non-functional, claiming that users were unable to send, receive, or request money, also noted in the May 2021 Hindenburg article, contradicting HUMBL’s public statements about the app’s operational capabilities?

However, I have bank records that prove these assertions false. It seems my decision to test the product proved beneficial. Below are the details of my transactions:
Pending Transactions
Date
Type
Description
Amount
Pending Until
04/23/2021
DEBIT
WWW.HUMBLPAY.COM
IL NILES
$ -1.00
04/26/2021
04/23/2021
DEBIT
WWW.HUMBLPAY.COM
MO CLINTON
$ -1.00
04/26/2021
04/23/2021
DEBIT
WWW.HUMBLPAY.COM
MO CRYSTAL CITY
$ -1.00
04/26/2021

The lawsuit heavily relied on the Hindenburg Research article. Two peas from the same pod? Irony, particularly given the eventual collapse of Hindenburg Research itself.

It’s worth noting that Hindenburg Research, a firm known for short-selling, disclosed a short position in HUMBL, indicating a financial incentive to profit from a decline in the company’s stock price.
Bullish
Bullish
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NoMoDo

04/17/25 10:18 PM

#142039 RE: uber darthium #142003

Nah. They had a product and the SEC stepped in and started going after companies that traded crypto etx's because they wanted to regulate something that was beyond their reach. Foote attempted to move forward until the SEC got more aggressive with companies. Then they bailed.

Tell me about those H shares.