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News Focus
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jimr1717

04/27/25 11:35 AM

#142806 RE: TenKay #142803

Correct, “Unwinding” and printing “Shares” is this Fraud’s game.
And recently added receiving Toxic Funding from Drug Dealers.
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dukeb

04/27/25 12:48 PM

#142811 RE: TenKay #142803

The shareholder lawsuit assets that Tickeri's customer reach was misrepresented by HMBL. It's not clear if the owners of Tickeri pulled the wool over Foote's eyes or if Foote went into the deal knowing that what he announced in the acquisition PR was a lie.

Either way, there was an almost immediate write down of more than $ 12 million of goodwill on the balance sheet following the acquisition.
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NoMoDo

04/27/25 3:27 PM

#142822 RE: TenKay #142803

Say what you want, but Foote bought a company legally. He figured out how to run a similar company. The previous owners were unable or unwilling to make the company that was sold to HMBL, worth keeping - it cost more to continue owning Tickeri than to divest ( a legal term - divest is usually used in reference to the relinquishment of authority, power, property, or title) - which they divested. Afterward, they went ahead and made a deal with a football league on their own without Tickeri. The divestment was a wise decision. The football league? Not so much, but the company now has real life experience running such a venue. Priceless.

"but, but, but... I got this story about some CEO I once read about... Um... stinky pinky"... save it. This is the HMBL board. Your comparison sucks. You make an issue about my words that perfectly align with what I am conveying - it was a divesture. You, on the other hand paint some vague reference and use "stinky pinky" to paint a very very wide brush stroke. And you manage to be a hypocrite all in 2 posts.