HUMBL Inc (PK) (HMBL) News

And if it’s no Bid, as you have suggested and many others, why does it matter if it’s hundred billion serious question.
Maybe just maybe there’s another reason for that ?

How low can it go

October 1, 2024 increase our authorized shares of common stock, $.00001 par value, from 22,500,000,000 to 50,000,000,000

It is so much worse than what you are thinking. Hopeful only has one L. Imagine not getting your own name right. Like that commercial of someone getting a tattoo that says "No Regerts."

I am however fine with people believing that the stock is worthless. I am not happy buying at .0003. Would rather be getting stock at .0002 or even .0001.

We need 4’s

For somebody who cannot even get my name, right? And seems to have all of this inside information right? I think I’m good continuing on the way I believe the water is flowing.
Your sources don’t seem to be delivering

The bid went up from .0001 with 3 bil shares on the bid to .0002 with about 400mil on the bid. This double in price was after a steady drumbeat of BILLIONS of shares dumped on the market. Imagine that. So much for the people who have declared that the stock will go to no bid any day now.

Also imagine reducing debt from well over $50mil to $1.3mil in a matter of 2 years through those sales at the bid (and ask too). The cost of debt in the current market is very high. By reducing - eventually eliminating debt in favor of equity financing (common stock), the value of the company increases while admittedly, the percentage of ownership for early investors has dropped considerably.

It is absurd to make a big deal about $20k sold at the bid (I think it was more like was more like $25k for the day).

What are you looking at?
Buy: 11,982,724 Neutral: 1,871,879 Sell: 134,676,683

Ooops...more like 93 million+++++ shares sold today at 0002....good luck INVESTOR!!!!

Investor....85 million shares sold at ooo2... soon ooo1... therefore. .oooo next...lmao

I do appreciate your inside information👆👍

Inventor....it's over...you just don't know it yet....!!!

It’s not over yet 🤔

What a piece of junk stock this turned out to be!!!!!

Apprecited NMD.

335 mil

What is the current bid size @ TZ2?

Yes! 50 billion tomorrow. If there were issues the SEC would have brought them up when they filed the Pre 14C and Brian could have not filed the DEF 14C.

Filing Detail
SEC Home » Search the Next-Generation EDGAR System » Company Search » Current Page
Form DEF 14C - Other definitive information statements:SEC Accession No. 0001493152-24-035813
Filing Date
2024-09-11
Accepted
2024-09-11 16:35:17
Documents
1
Period of Report
2024-09-11
Document Format Files

Seq Description Document Type Size
1 formdef14c.htm DEF 14C 102292
Complete submission text file 0001493152-24-035813.txt 103598
Mailing Address
26 CROSS STREET
NEW CANAAN CT 06840
Business Address
26 CROSS STREET
NEW CANAAN CT 06840
203-930-7427
HUMBL, INC. (Filer) CIK: 0001119190 (see all company filings)
IRS No.: 271296318 | State of Incorp.: DE | Fiscal Year End: 1231
Type: DEF 14C | Act: 34 | File No.: 000-31267 | Film No.: 241293023
SIC: 5000 Wholesale-Durable Goods
(CF Office: 07 Trade & Services)

https://www.sec.gov/Archives/edgar/data/1119190/000149315224035813/formdef14c.htm

Alt least Foote needs 1B shares diluted to cover monthly expenses $230,000
So 25B more shares will be in the float.
A/S will be 50B on October 1, 2024

Got it....

There’s no evidence they denied them for anything. Just self serving opinions from paid bashers, in my opinion. The company stated they withdrew the RS from months and months ago. If they lied publicly, then they would have been nailed for that.
I’m not saying this has been a fun ride down, because it’s been brutal. But don’t come here expecting any semblance of truth from the ones posting non-stop negative comments. I’d recommend emailing the company looking for any answers you seek. At least they are liable for their statements, unlike those posting here.
Good luck!

$HMBL

I have the same question

I have the same question

Own this, buy sorry for the late response. What did they deny?

First time I say bravo to FINRA. I hope Foote gets denied further in every thought on continue diluting the company. It is time to put a stop to his nonsense and close this Vampire sucking business for good. He should sell this company to someone capable, someone that knows what is doing. IGPK CEO did it to JFHE Chinese entity, why Foote cant do the same. He is crazy

After debt eliminate they need to sell the shares at least 25B to cover one year expenses

As Elvis would say....... thank you very much!! Lol!!

“If you can’t dazzle them with brilliance baffle them with bullshit”

“It is arbitrary and means nothing“

Which is what I said. It might as well be unlimited.

I saw that. Pretty interesting.

come on man is it going back to $7plus per share???

#HMBL $HMBL I've been in this since TSNP it's ups downs and name change sold some bought more. I'm still a big fan of HMBl. It's churning and percolating. As long as they don't do a R/S I'm staying in for the long hall.

Bid at*

Hmmmmmmm
Biden at 2 is up to 300mil

Crumble

Not a question of what I believe. They are not yet debt free. They have about $1.3 mil debt left from $50mil almost 2 years ago. Almost all have a convertible date in the future. They are settling the debt early and have been for a bit. For example from the last Q:

Convertible note payable entered into November 20, 2023, with a maturity date of November 20, 2024, one time interest charge assessed upon issuance. Fully paid in June 2024.

They have no proven revenue stream to get them profitable.

That's if you believe that!! I've yet to see any proof it's debt free!! Filings are the proof I'm waiting to see!!

It is all based on risk vs return. There has been a lot of risk that the company won't make it another year. Recently, Foote has done things that indicate that the company intends to be around - ie. debt elimination, filing for patents, reduced dead weight, selling it's financial division for monthly revenue... It isn't a scam company like much of the OTC is. Doesn't mean that the company won't fail, but the risk has been greatly reduced when they eliminated roughly $50mil in debt. Further, Foote indicated that this tech is his dream, but if it comes down to it, he would allow the company to be acquired for the benefit of the shareholders if he can't make it work.

Now we are looking at a company that needs to make $230k/month at current expense levels to start making money. If they do, the stock price would jump exponentially. Throwing in $100k to potentially make some real money may not be a bad deal.

Market makers….ha
Should be Money Makers
Cuz there making a killing on this stock

No more billions of shares being held by the Money Makers at .0001 anymore…..on bid side…..
Hmmm

Next week Tuesday on October 1, 2024 will be 50B authorized shares.
Foote does not have any solution to raise the money to current expenses
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175134124

Typo. 1st patent accepted
2nd one “COMPREHENSIVE BUYING, SELLING, TRADING, TRACKING, VERIFICATION, VALIDATION, TOKENIZATION AND FINANCIAL SERVICES USING BLOCKCHAIN”

Still waiting approval;)-

Humbl 2nd patent “patent US2021-0209684 A1”, “SYSTEM AND METHOD FOR TRANSFERRING CURRENCY USING BLOCKCHAIN" has now been “allowed” and accepted. ;)

This has a 3 billion bid?? This has been one of the most baffling stocks I've ever studied!! How??

Yes, very untrue!! Lol!!

But I read here that they will have no debt and will be doing just fine! Is that untrue?

Authorized shares typically mean nothing until issued near breaching such. I'm pretty sure all jurisdictions have perpetual shares along with perpetual existence. In this case, the authorized mean little given no shareholder approval and Foote being in total control.

They are limited to 22.5 Billion in authorized by Company statute currently. Upon closure and in a couple of Weeks...it will then be 50 Billion via Company statute. This process can repeat perpetually given the jurisdiction.

His current problem is that their is way too much debt left to consolidate shares currently. Also, he can not raise any money given the share price, outstanding..and ongoing dilution.

No shit Shirl. It also means that he can lower it any time he wants too. It is arbitrary and means nothing - except for the two contracts that demand that the AS be a high multiple of the number of shares expected to be converted.

A/S will be 50B on October 1, 2024

Notice of Action by Written Consent of Stockholders to be Effective October 1, 2024

Dear Stockholder:

HUMBL, Inc., a Delaware corporation (the “Company”), hereby notifies our stockholders of record on August 29, 2024 that the stockholders holding a majority of the voting power of the Company have approved, by written consent in lieu of a special meeting on August 29, 2024 the following proposal:

To amend our Certificate of Incorporation to increase our authorized shares of common stock, $.00001 par value, from 22,500,000,000 to 50,000,000,000.

This Information Statement is first being sent to our stockholders of record as of the close of business on August 29, 2024. The action contemplated herein will not be effective until October 1, 2024, a date which is at least 20 days after the date on which this Information Statement is first sent to our stockholders of record. You are urged to read the Information Statement in its entirety for a description of the action taken by the majority stockholders of the Company.