HUMBL Inc (PK) (HMBL) News

It was .0001 in early October, 2020. Ran to .36 in early December 2020. Then ran to $1.93 in January 2020. A whole bunch of new market makers came into play in early February, and that’s when the bleed started. The 1:4 RS was in late February caused a sell off from around a dollar to a close of $0.85, which was $3.40 after the split. It spiked up to $6.56 within a few days, then slowly came back to the $3.60 range. There was a man attack during the CNBC interview, tanking it down to $2.75. And from there, a very heavily shorted slow bleed.
The share structure through all of this up until the RS was AS: 6.5 billion shares, with 5 billion shares in the OS.
Hope this helps.

$HMBL

Hopefully Brian will be transparent and not hide things like George Sharp did.

One must realize that back then the perfect storm was brewing. Not only was there a lot of promoting going on, people were sitting home bored and receiving thousands from the covid payments.

100% agree. Looking back at the history of their investor calls and updates I’m pretty sure Brian will be very clear and extremely cautious with what is said. He definitely learned a lesson from when they did the split. A lot of investors were caught by surprise with the first reverse split and the stock inevitably tanked.

I don't think we will see 50bil shares outstanding - will likely see 30 bil, which is still a ton. I think we will blow through the ask very soon and have a mini run with or without news, so your comment that this could be a good short term gain due to hype is a good guess. As for the likely 30 bil shares coming our way, if the company can show a profit, the OS won't mean anything.

The biggest problem with a RS is that companies generally use a RS as a way to continue spending. IF HMBL can show that the RS is to clean up share structure and that they have no need to continue spending shares, the stock should rise. PPHM - now CDMO went from .25 to .70ish on news of an investment company buying 15% of their stock. They did a 8 to 1 RS and the stock dropped from $5 range to $4.5ish and then to $23. It rose because investors looked at the company as a new entity with a great share structure. Priceline is another example. They announced a RS and the stock dropped a bit. They then stated that they no longer needed a RS, but were going to do it anyway to clean up share structure. The stock went from $2 to $1500. It is all about selling the why they are doing it.

If they announce a RS before becoming profitable or at least some really good news, we will tank.

I have been following this stock since the TSNP days. I’ve been trying to dig through historical filings to determine how many outstanding shares there were when it ran to $7 pre split. Per chatgpt, the OS were hovering around 4–5 billion.

Keep in mind that back then the company had significant debt from acquisitions, no functional products, and zero revenue.

Mr I'm not really a lawyer, but I pretend to be one on Ihub...
how do you feel about BRU reporting the holding of 5.7% of the company? You think that a company with inside knowledge as a consultant - and who uses the specific kind of lawyer they are using for filing, holding 1.2billion shares of HMBL says something good or bad for HMBL's future?

I love when you use the word "said" instead of "that." Makes you almost sound like a lawyer, but... not really.

Stop with your "not true" crap. I don't know if BRU is currently buying shares, but I do know they own 5.7% of the company. It is possible that they are buying shares at the moment to increase "said" position (lol - said position - see how dumb that sounds? Like a pseudo intellectual trying to make people think they are smarter than they really are -- their position). If you took the time to read my posts, I stated that they were owed shares and they may or may not be the ones currently buying. I know that they were given a ton of shares earlier on and that the sold them to a 3rd party. Now it seems they are holding shares. Here is a fun observation... BRU is very likely no longer converting shares. That means that we are near the end of debt conversion. You do understand what that means, right?

My money is on PL buying up shares. Whoever it is, Foote just upped the AS a couple months ago and set aside (he didn't really set them aside... yea yea), earmarked 10 bil shares in case someone gains controlling interest. Maybe Foote knows who is buying shares and is afraid that they will try to wrestle control from him.

?? This is not true:

They know the inner workings of HMBL and took on this investment.

They did not take on any investment. This is money owed to BRU Llc.

That means that BRU is either still buying or someone completely different

Again..completely false...BRU is not buying any shares...these shares are owed to said entity.

Item 1.01 Entry into a Material Definitive Agreement.



On August 1, 2023, HUMBL, Inc. (“HUMBL”) entered into a Master Consulting Agreement (the “Agreement”) and Promissory Note (“Note”) with BRU, LLC (“BRU”). Under the terms of the Agreement, BRU will provide information technology support to HUMBL for a three-year term. HUMBL has agreed to pay compensation in shares of HUMBL common stock and cash. The initial stock consideration is 389,000,000 shares of HUMBL’s common stock (the “Shares”) as compensation for past due invoices owed to BRU’s predecessor in interest with a 24-month price floor of $0.0030 so that additional shares of common stock will be issued to BRU if the aggregate value of the Shares is less than $0.0030 per share on the applicable measurement dates.



Additional shares of HUMBL common stock will be issued to BRU based on milestones to be mutually agreed to by HUMBL and BRU by August 11, 2023. HUMBL will issue 120,000,000 shares of its common stock (the “Additional Shares”) upon completion of the milestones that shall not be more than two years after execution of the Agreement. The value of the Additional Shares shall be equal to the number of Additional Shares multiplied by $0.0030 (the “Additional Share Value”). On each anniversary of the execution date (the “Anniversary Date”) until the milestones are met, but in no event more than two years from the execution date, the Additional Share Value shall equal the value of the Shares on the Anniversary Date, based on the closing price of HUMBL’s common stock on the Anniversary Date (the “Anniversary Value”) (as may be adjusted for any reverse split). To the extent the Anniversary Value is lower than the public market value of HUMBL’s common stock, HUMBL will issue additional Shares to BRU equal to the amount necessary for the total number of Shares and Additional Shares issued under the Agreement to equal the Anniversary Share Value that in no event will be less than $0.0030 per share, or, at HUMBL’s election, pay in cash the difference between the public market value of HUMBL’s common stock and the Anniversary Share Value.



HUMBL has agreed to make two cash payments to BRU: $100,000 within 10 days following the execution of the Agreement and $400,000 through a Note with an 18-month term that bears no interest unless there is an event of default. The $400,000 cash payments under the Note are due and payable as follows: $100,000 within 45 days after the execution date; (b) $200,000 on the date that is one year from the execution date; and (c) $100,000 on or before the maturity date. HUMBL will also pay BRU $41,666.67 a month for the term of the Agreement (subject to annual inflation adjustments) for ongoing technology development services provided by BRU.

If individuals are buying on ignorance.....that's on them. BRU was simply paid for services rendered, and Humbl is still paying them a rough $42,000 per Month.

Very good!
Thank you Sir!

Yes, it is on otcmarkets.com. Not sure if this link takes you directly to it or not. If not, it is the SC 13G.
https://www.otcmarkets.com/filing/html?id=17969660&guid=TAY-kaxQtUxpJth

Do you have a link to BRU filing?

12:00:52 0.0003 500,000 Buy 96,673,396 163 nasd
12:00:18 0.0003 500,000 Buy 96,173,396 162 nasd
11:59:39 0.0003 500,000 Buy 95,673,396 161 nasd
11:59:13 0.0003 500,000 Buy 95,173,396 160 nasd
11:58:40 0.0003 500,000 Buy 94,673,396 159 nasd
11:58:19 0.0003 500,000 Buy 94,173,396 158 nasd
11:57:45 0.0003 500,000 Buy 93,673,396 157 nasd
11:56:56 0.00025 500,000 93,173,396 156 nasd
11:56:29 0.00025 500,000 92,673,396 155 nasd
11:55:57 0.0003 500,000 Buy 92,173,396 154 nasd
11:55:30 0.00025 999,998 91,673,396 153 nasd
11:55:07 0.0003 500,000 Buy 90,673,398 152 nasd
11:54:49 0.00025 25 90,173,398 151 nasd
11:54:41 0.0003 500,000 Buy 90,173,373 150 nasd
11:54:06 0.0003 500,000 Buy 89,673,373 149 nasd
11:53:36 0.0003 500,000 Buy 89,173,373 148 nasd
11:53:02 0.0003 500,000 Buy 88,673,373 147 nasd
11:52:30 0.0003 500,000 Buy 88,173,373 146 nasd
11:51:56 0.0003 500,000 Buy 87,673,373 145 nasd
11:51:19 0.0003 500,000 Buy 87,173,373 144 nasd
11:50:54 0.0003 500,000 Buy 86,673,373 143 nasd
11:49:55 0.0003 500,000 Buy 86,173,373 142 nasd
11:49:43 0.0003 500,000 Buy 85,673,373 141 nasd
11:47:12 0.0003 500,000 Buy 85,173,373 140 nasd
11:46:47 0.0003 500,000 Buy 84,673,373 139 nasd
11:46:14 0.0003 500,000 Buy 84,173,373 138 nasd
11:46:06 0.0003 500,000 Buy 83,673,373 137 nasd
11:45:17 0.0003 500,000 Buy 83,173,373 136 nasd
11:44:53 0.0003 500,000 Buy 82,673,373 135 nasd
11:44:26 0.0003 500,000 Buy 82,173,373 134 nasd
11:43:48 0.0003 500,000 Buy 81,673,373 133 nasd
11:43:19 0.0003 500,000 Buy 81,173,373 132 nasd
11:42:57 0.00025 1 80,673,373 131 nasd
11:42:38 0.0003 500,000 Buy 80,673,372 130 nasd
11:41:58 0.0003 500,000 Buy 80,173,372 129 nasd
11:41:33 0.0003 500,000 Buy 79,673,372 128 nasd
11:41:12 0.00025 100 79,173,372 127 nasd
11:41:06 0.0003 985,911 Buy 79,173,272 126 nasd
11:41:06 0.0003 28,226 Buy 78,187,361 125 nasd
11:41:06 0.0003 365,863 Buy 78,159,135 124 nasd
11:41:05 0.0003 500,000 Buy 77,793,272 123 nasd
11:40:21 0.0003 500,000 Buy 77,293,272 122 nasd
11:39:45 0.0003 500,000 Buy 76,793,272 121 nasd
11:39:15 0.0003 500,000 Buy 76,293,272 120 nasd
11:37:54 0.0003 500,000 Buy 75,793,272 119 nasd
11:37:15 0.0003 500,000 Buy 75,293,272 118 nasd
11:36:53 0.0003 500,000 Buy 74,793,272 117 nasd
11:36:28 0.0003 7,769 Buy 74,293,272 116 nasd
11:36:04 0.0003 500,000 Buy 74,285,503 115 nasd
11:35:47 0.0003 117,531 Buy 73,785,503 114 nasd
11:35:39 0.0003 500,000 Buy 73,667,972 113 nasd
11:34:52 0.0003 500,000 Buy 73,167,972 112 nasd
11:34:34 0.0003 500,000 Buy 72,667,972 111 nasd
11:34:05 0.0003 880,000 Buy 72,167,972 110 nasd
11:33:54 0.0003 500,000 Buy 71,287,972 109 nasd
11:33:29 0.00025 161 70,787,972 108 nasd
11:33:28 0.0003 500,000 Buy 70,787,811 107 nasd
11:32:49 0.00025 750 70,287,811 106 nasd
11:32:38 0.0003 500,000 Buy 70,287,061 105 nasd
11:32:18 0.00025 75 69,787,061 104 nasd
11:31:58 0.0003 500,000 Buy 69,786,986 103 nasd
11:31:47 0.00025 5,000 69,286,986 102 nasd
11:31:17 0.00025 500,000 69,281,986 101 nasd
11:30:39 0.0003 500,000 Buy 68,781,986 100 nasd
11:30:16 0.0003 500,000 Buy 68,281,986 99 nasd
11:28:40 0.00025 334 67,781,986 98 nasd
11:23:36 0.0003 500,000 Buy 67,781,652 97 nasd
11:22:54 0.0003 6,500 Buy 67,281,652 96 nasd

Got to admit there appears to be buying. But the big picture will it ever be enough to absorb 50 billion and move it up?

This is all happening after a company with inside knowledge of the inner workings of HMBL reports holding 1.2 billion shares with the possibility of nominating a board member. Friday was almost all buys at the ask. Today... more of the same. Since Ihub has a 15 minute delay, add another 18mil bought on the ask from what you see here:

11:37:54 0.0003 500,000 Buy 0.0002 0.0003 75,793,272 119 nasd
11:37:15 0.0003 500,000 Buy 0.0002 0.0003 75,293,272 118 nasd
11:36:53 0.0003 500,000 Buy 0.0002 0.0003 74,793,272 117 nasd
11:36:28 0.0003 7,769 Buy 0.0002 0.0003 74,293,272 116 nasd
11:36:04 0.0003 500,000 Buy 0.0002 0.0003 74,285,503 115 nasd
11:35:47 0.0003 117,531 Buy 0.0002 0.0003 73,785,503 114 nasd
11:35:39 0.0003 500,000 Buy 0.0002 0.0003 73,667,972 113 nasd
11:34:52 0.0003 500,000 Buy 0.0002 0.0003 73,167,972 112 nasd
11:34:34 0.0003 500,000 Buy 0.0002 0.0003 72,667,972 111 nasd
11:34:05 0.0003 880,000 Buy 0.0002 0.0003 72,167,972 110 nasd
11:33:54 0.0003 500,000 Buy 0.0002 0.0003 71,287,972 109 nasd
11:33:29 0.00025 161 0.0002 0.0003 70,787,972 108 nasd
11:33:28 0.0003 500,000 Buy 0.0002 0.0003 70,787,811 107 nasd
11:32:49 0.00025 750 0.0002 0.0003 70,287,811 106 nasd
11:32:38 0.0003 500,000 Buy 0.0002 0.0003 70,287,061 105 nasd
11:32:18 0.00025 75 0.0002 0.0003 69,787,061 104 nasd
11:31:58 0.0003 500,000 Buy 0.0002 0.0003 69,786,986 103 nasd
11:31:47 0.00025 5,000 0.0002 0.0003 69,286,986 102 nasd
11:31:17 0.00025 500,000 0.0002 0.0003 69,281,986 101 nasd
11:30:39 0.0003 500,000 Buy 0.0002 0.0003 68,781,986 100 nasd
11:30:16 0.0003 500,000 Buy 0.0002 0.0003 68,281,986 99 nasd

43mil share buy at 9:49 central time. $13k - not a ton, but not a small buy either for an otc stock.

BRU LLC just reported owning 5.7% of the company. On Friday, after BRU's reporting, someone was still buying. Instead of regular 500k purchases, it seems that someone sped up buying to 1.5mil shares at a time. I wasn't around for the day, but I think they only ended up getting a little over 100mil. That is about half the average daily trade amount but the buys were severely lopsided over the sells.

BRU is a consulting firm of some sort and they are holding onto 5.7% of HMBL - roughly $350k. They know the inner workings of HMBL and took on this investment. That is a really good sign. I was very curious about how trading would go after the reporting and was very happy to see someone continue to buy. That means that BRU is either still buying or someone completely different has been buying up shares. Either way, this is really good for HMBL stock. I kinda hope it is someone else buying. That would mean that HMBL has two bigger players in their corner - or at least buying up the shares.

As a response to your question, there are two loans scheduled for December. Both are for $242k each. That means roughly 2bil shares. We will find out if I am right, but I am guessing that both have already been paid. HMBL has been prepaying debt for the last 6 months. If you go to the Q's you will see under Convertible Promissory Notes that many of the loans set for the future were paid months in advance of their maturity date. I expect these to be no different.

HMBL was still borrowing money as of the last Q, but the amount of debt compared to 6 months ago or a year ago is pretty much nothing. If someone is still buying up the convertible debt, there should be a time very soon when we start to run without any new catalyst. I wasn't happy to see the Q late because I want to know how the debt was settled. It will need to come out this week, so no big deal on the delay. Still, I hope the delay was because they wanted to give the buyer a few extra days to buy shares before some good news that will get reported. Wishful thinking.

How many more shares need to be sold?
2 billion?

#HMBL $HMBL I sold the trailer home and the wheels and put it all in. When the orange man said he loves Bitcoin and blockchain. That's enough for me. Do your own due diligence.Ciao.Bona fortuna

Billions shares are still too dilute to cover the ongoing expenses and convertibles.
Expecting Big dump is December

For sure! Take a second mortgage on the mobile home and load the boat!!

#HMBL$HMBL starting to rumble, I keep adding after I sold few years ago. It's now in my opinion with the new administration going in place with them liking Bitcoin and blockchain. Do your own due diligence.Bona fortuna.$

The NT-10Q means nothing. Just a typical pink sheet thing.

The last two Quarterlies had NT-10Q's filed prior.

Those meant nothing...again, a lot of pink sheets do this. Probably get a discount from their Edgarizer.

HMBL was involved in jack shit. Just bloviating from Sharp.

The OTCM follows the SEC guideline. It is in their rules. As such it must be filed on or before the 19th.
One can easily check the OTCM site and for filing information SECUREX is excellent!

There could be issues that a new auditor uncovered or may even not want to certify. We shall see.

surfkast

Member Level
Re: Jahvik post# 123434

Friday, November 15, 2024 10:15:19 AM

Post#
123435
of 123440
Plus this in not the first time they filed an NT. But since they have filed on time until this year I will wait and see what any issues may be.

I want to say 5 days but I could be wrong.

Don’t think so. Back in July humbl changed their auditor, not sure if it has something to do with it.


"Auditor Change: Hundreds of companies impacted by the permanent suspension of auditor BF Borgers.

Rapidly changed to Fruci. Still filed timely for the quarter."

Since there's an extension, when is the filing expected to be released approximately ?

A lot of buying today. 1.5mill buys
82 miil buy
Vs
100k sell 

Bad financials anticipated base on the trading?

Plus this in not the first time they filed an NT. But since they have filed on time until this year I will wait and see what any issues may be.

No material change was noted in the filing

could it be a merger or acquisition?

Does this delay / inability to file have to do with the accounting firm that stopped working with them? If I remember correctly Brian mentioned it in his last call

NT 10q filed this morning 

Just a shout out to you for the DD and having the same train of thought I've had since buying in earlier in the year before the Arena Football League fiasco that occured. (Not HMBLs fault). Here's to hoping things turn out well here. Good luck to you and all who have skin in the game. I think an inevitable run will occur. When is anyone's guess.

Thanks for the DD.

Minutes after Gary Gensler released a statement suggesting he may be leaving the SEC, 18 U.S. states have filed a lawsuit against the SEC.

I still remember Sharp’s tweet regarding the end of DTC and CEDE and how HUMBL was involved. If this news becomes a reality, things might speed up exponentially.

Also, there is another 10mil. buy. Could it be?

I am not an insider. BRU info can be found here:
https://contracts.justia.com/companies/humbl-inc-14351/contract/1247631/
https://www.otcmarkets.com/filing/html?id=17969660&guid=tPY-kHcmvrwfJth
https://images1.loopnet.com/i2/BoACyIOp58TV662CyldKKoCqvoefkOLu_BKdeXLiPKY/112/image.jpg
Oren Litwin
https://www.linkedin.com/in/oren-litwin-91ab9b5/
https://orenlitwinlaw.com/
https://www.amazon.com/stores/author/B00CKQWO88
https://substack.com/@olitwin
https://muckrack.com/oren-litwin
https://www.yelp.com/biz/oren-litwin-fairfax

"Finance should help people. It should not immiserate them. And when it does, we have the chance to make things better." Oren Litwin

Just a sidebar comment to you. We were both here in late 2020 when it was TSNP and that was one the reasons I bought in then when it was in the trips. He does excellent DD.

I guess I'd like to know where you're getting your Intel at?

Btw, here’s some interesting info from Brian that one might have missed regarding the OS, the patent, and some potential ticketing deals.


worth reading

I wasn't around for the last time this ran, but this is sure gettin exciting. I bought before it was too late and now have been averaging down for years. Bought another 1.9 million shares this morning

Hard to say. HMBL owed money to BRU and a ton of shares. They may have taken the remaining shares and decided to keep them instead of dumping. If that is the case, we would still have another buyer. Keep in mind that we have had someone buying up shares for a while. They just stepped up last month and again this last week.

So is BRU LLC the one buying all week?.....💪😎

And HMBL keeps the tech. And HMBL owns 10% of Arivo.

Give him a couple days, I hear that tomorrow is payday. Then he will need to borrow the rest of the cash.

It's posted however, I still don't see his.