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EmpressMonk25

04/18/25 11:39 AM

#142065 RE: surfkast #142064

It seems reasonable to propose that HUMBL, given its patent, should consider partnering with a bank as a logical next step. Do you disagree?
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dukeb

04/18/25 12:07 PM

#142067 RE: surfkast #142064

Let's not forget that the HMBL app and the associated patent(s) are now owned by Brian Foote's private company.

HMBL Ventures (is that the name of this turd now?) owns a percentage of the private company. How does "Ventures" exert any influence over Foote's private company? Assuming, arguendo, that we fast forward 5 years and the HMBL app is a huge success. What prevents Foote's private company from giving him (and his friends and family, since Brian has a history of heaping largess upon those around him) a multi-million dollar salary? And a private jet. And benefits up the wazoo. It's his private company, after all.

What sort of profits or dividends would Ventures receive after Foote has drained the coffers?

Being a minority owner, especially of a private company, is not a powerful place to be.

No one should be counting on seeing a dime from that relationship.

So we're back to the missing pile of fertilizer. It was sold, right? When is the cash going to show up?