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Replies to post #142403 on TAP Real Estate Technologies Inc (RWAX)
04/21/25 4:34 PM
04/21/25 11:32 PM
IN WITNESS WHEREOF, Borrower has caused this Note to be duly executed as of the Effective Date.
BORROWER:
HUMBL, INC.
ACKNOWLEDGED, ACCEPTED AND AGREED:
By:
Jeffrey Hinshaw, CFO
LENDER:
SARTORII, LLC
By:
Stephen Foote, Manager
https://www.otcmarkets.com/otcapi/company/financial-report/326031/content
Jacob Fernane the HMBL money guy drug bust update...
This dope had 17 grams of Fentanyl delivered to him where he lived, through the US mail...
Arrest Complaint:
https://drive.google.com/file/d/1tt2D6st7vzI18hA-LAoKX-sLRuRaWmQ8/view
The average sentence was 74 months in fiscal year 2019 and 87 months in fiscal year 2023.
San Diego, California, Oct. 11, 2023 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTC: HMBL) (“HUMBL” or the “Company”) announced today that it has signed a Securities Purchase Agreement (“SPA”) with Pacific Lion that will provide the Company with $2,040,000 in capital over the next six months.
The Company has received the first monthly installment of $300,000 in financing from Pacific Lion under this new funding structure. This financing necessitates the creation of a new Class C Preferred Stock that the Company will achieve through an amendment to its charter that it expects to file this week with the Delaware Secretary of State.
Key features of the new Class C Preferred Stock include:
No conversion into common shares for two years;
Automatic conversion at a 25% discount if listed on a national exchange; and
Prohibition on variable discount rate financings with any new investors.
To mitigate shareholder dilution, a 12-month lock-up / leak-out agreement will be implemented for Class C Preferred holders that will take effect subsequent to uplisting on a major national exchange.
In FY 2023, the Company has retired over $20 million in legacy debts and expects to continue to consolidate its remaining debt with the assistance of Pacific Lion.
The Company expects this funding to support its operational and development needs through the beginning of April 2024, by which time it anticipates generating further revenue streams from its new AFL contract and other core product lines.
"This enhanced financing partnership with Pacific Lion not only provides $2M in additional financing, but also places us in a strong position to achieve our key milestones around Q4 2023 product launches, client program fulfillments and sales expansion,” said HUMBL CEO, Brian Foote. “We're poised for growth and appreciate the strong and continued support of our HUMBL shareholders as we drive forward into the new year.”
YBYRA DE-LISTED
YBYRA S/A (YBRA) - Cancellation of Listing
YBYRA S/A (YBRA) Cancellation of Listing On January 24, 2024, B3 cancelled the listing of this company under the terms of art. 65, item IV, and art. 70, sole paragraph, of the Issuers Regulation ("Regulation"), in view of the non-compliance with the requirements set forth in the Regulation. Note: As of January 24, 2024, the securities issued by this company will no longer be traded on B3.
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