Priceline has never been an OTC stock nor had convertible debt or rampant dilution.
So pointing to them as to what could happen with HMBL is at best misleading.
As for HMBL…let’s start with what you said:
“A reverse split is never a good idea when the company still holds debt that ordinary revenues cannot absorb. Further, any toxic debt destroys a company that goes through a RS. However, if a company can get debt under control and provide enough income to pay it's bills, a RS has absolutely no negative consequences short of dumb traders selling out of fear.”
Once again the amount of convertible debt is higher at the end of 2025 than it was at the beginning. It is not going down.
Between the convertible debt and the Pref C there is at least 40 BILLION in dilution potential.
Right now that company cannot get that into the market. We have seen what happens when they try, no bid shows up. It only took about 1 Billion shares to make that happen as we have seen recently.
In addition the unrestricted has now grown to 3 Billion shares more than the DTC deposits, so the backlog is growing.
The only beneficiary of an RS is the dilution holders who cannot get their stock into the market easily right now.
But hey…if you think it is as good thing…then have at it. 1:1000 sounds good wouldn’t you say?
I am just going to sit back and watch what happens…lol 🍿
Many bid 0.0001 because they think it can’t go any lower. An RS is going to be a hard lesson if they think that is the case.