NoMoDo
14 minutes ago
Is it? By definition, a lawyer has passed the bar.
LawΒ·yer
/'loi?r/
noun
1. a person who practices or studies law; an attorney or a counselor. I would guess that you never heard of an unlicensed attorney. I never took the bar, but I definitely have a Juris Doctorate.
Even a 1L knows that you are wrong in this. Maybe you should stick to things you know about... what exactly is your area of expertise? You can't be "legal counsel" any more than Mickey Mouse can be legal counsel.
Most states allow in-house counsel to work for their employer without being licensed in the state, and some states require registration as in-house counsel. https://www.acc.com/advocacy/right-to-practice
Finally, when a company says that they are putting $20mil worth of a commodity in the company as an asset and then days later puts out a PR saying that they intend to move to become profitable on day one, it is more than speculation that they placed the inventory AND actually sold it within the next 27 days - is was a fungible commodity that could have sold within minutes of placing the commodity.
EmpressMonk25
56 minutes ago
I respectfully disagree, at least in the sense of finding a banking partner with funds. I suggest reviewing the HUMBL blockchain patent, as its language mirrors how Ripple utilizes XRP. The summary for global payments described in the patent outlines a process where one fiat currency is used to purchase a cryptocurrency, which serves as a bridge for transferring value to a wallet in another country, where it is then seamlessly converted into a different fiat currency.
Hereβs how it functions: The sender uses USD, and the "method of transfer" employs a cryptocurrency (such as XRP), which is sent as a bridge to the recipient and converted into their native currency, such as Peso, CAD, or JPY. Itβs a straightforward concept that operates behind the scenes. The sender only needs to send USD to someone in another country, and the recipient receives the equivalent value in their local fiat currency. This patent is being underestimated! The patent further describes payment history as the blockchain ledger, known as the transaction record in the digital wallet. Ripple or anyone else does not own a patent specific to this method of transferring currency using blockchain. The patent describes the functionality of digital wallets.
A banking partner, and I would assume plenty exist, would likely want this form of intellectual property to secure protection, rights of use, and royalties. I still believe MoneyGram and Western Union, two candidates with large customer bases that have fallen behind, fit the bill perfectly. Banking only recently got approval to hold crypto. The company who owns the IP on how digital wallets use crypto to move currency and record transactions on blockchain is the big winner. The right partner who has the right $$$ arsenal to protect this IP is needed. I don't believe WSCG has enough $$$ to legally enforce the IP on its own.
https://finance.yahoo.com/news/banks-green-light-hold-crypto-005356886.html
BOOOOOOOOOOOOOOOOM!!!
New @Ripple 'AD' in New York: "Bank on security. Modernize with Ripple Custody!β #XRP pic.twitter.com/g8m83fhoTT— JackTheRippler Β©οΈ (@RippleXrpie) March 19, 2025
NoMoDo
2 hours ago
This is true. It is a threading of the needle here: the company needs to keep us informed, but with the 10k coming out, they need to not say anything that could move the stock as it might be considered pumping.
I respect the need to wait, but promises were made and they should be willing to 8k changes that have been made since Dec. Even if it is simply - still waiting on getting regulatory approval.
What Is A Quiet Period?
A quiet period is a designated timeframe, typically observed by publicly traded companies, during which they have to refrain from making significant announcements or providing forward-looking statements to the public or analysts. The aim is that all market participants have access to the same information simultaneously.
In a quiet period, company executives and representatives must exercise caution when discussing business matters, as unintentional disclosures can lead to legal repercussions. The quiet period maintains transparency, prevents the dissemination of material non-public information, and upholds a level playing field for investors. It plays a crucial role in protecting the integrity of financial markets and promoting fair trading practices.https://www.wallstreetmojo.com/quiet-period/
DoYourOwnDD
2 hours ago
Quail Hollowβs investment will support critical public company operating costs, including audits, accounting, legal, and compliance. Source
This small bridge loan was likely taken as the WSGC $2M came in a bit later than expected, it will arrive on March 31, 2025:
Pursuant to the terms of the Asset Purchase Agreement, WSCG agreed to make a remaining payment of $2,000,000 to the Company by December 31, 2024 in connection with the purchase of the Companyβs assets. The Asset Purchase Agreement granted WSCG a 90-day cure period to make the payment before it would be considered late. WSCG has not yet made the required payment and has elected to use the 90-day cure period provided under the Purchase Agreement. The Company will provide an update once the payment is either received or becomes late. Source
Carjockey2
2 hours ago
Huh??
Then this gets "post-of-the year"
🏆 🏆 🏆 🏆 🏆 🏆
>>>Not bingo. A $500k loan is nothing and won't affect HMBL in the slightest. It will pay for the upcoming 10k, the regulatory work for getting the dividend, and likely the balance for making the Ybyra and WSCG deals complete. There wont be anything left afterward. That means that the burn rate is pretty much nothing.
Foote took a buck a year pay, so your comparison falls flat. Foote could have dumped his shares and killed the company like most OTC CEO's do. He didn't. Instead, he placed a handful of businesses in our path to help us make money.
The crappy thing with this PR is that Thaigo suggested that there is still debt, that they didn't add the inventory into HMBL's balance sheet, didn't sell the inventory for a profit, and then leads with - a loan shark is investing in HMBL by providing mafia-esque rates. I feel insulted by his response. Avrio is hitting up HMBL shareholders for capital, but HMBL can't figure out how to do the same. Sheesh. 10k will fall flat in it's financials, but they will need to let us know what has been happening for the last 3 months. That is worth the price of admission.
If you are going to bash the company, don't make crap up... follow Huggy's lead - can't believe I am saying that - the guy generally only knows 3 words and one of them is hilarious.>>>
NoMoDo
2 hours ago
Not bingo. A $500k loan is nothing and won't affect HMBL in the slightest. It will pay for the upcoming 10k, the regulatory work for getting the dividend, and likely the balance for making the Ybyra and WSCG deals complete. There wont be anything left afterward. That means that the burn rate is pretty much nothing.
Foote took a buck a year pay, so your comparison falls flat. Foote could have dumped his shares and killed the company like most OTC CEO's do. He didn't. Instead, he placed a handful of businesses in our path to help us make money.
The crappy thing with this PR is that Thaigo suggested that there is still debt, that they didn't add the inventory into HMBL's balance sheet, didn't sell the inventory for a profit, and then leads with - a loan shark is investing in HMBL by providing mafia-esque rates. I feel insulted by his response. Avrio is hitting up HMBL shareholders for capital, but HMBL can't figure out how to do the same. Sheesh. 10k will fall flat in it's financials, but they will need to let us know what has been happening for the last 3 months. That is worth the price of admission.
If you are going to bash the company, don't make crap up... follow Huggy's lead - can't believe I am saying that - the guy generally only knows 3 words and one of them is hilarious.