quote:
Well hopefully everyone makes a fortune and gets rich before it falls off. I played the momentum for awhile and recently bailed.

Reality is, nothing makes sense. A $8 billion company does not reverse into a stale OTC with 4.5 billion shares outstanding, then turns and issues half a billion warrants at $0.10 - and as part of the structure simply gets 20% of the common and some preferred. Given away 80% of common equity for the privilege to be pink sheets? Seriously, cmon.... I mean the shell has convertible debt with a conversion rate of $0.0005 a share. A multi billion company has nothing to gain by going OTC. Oh nevermind they have already violated OTC rules by not filing the formal merger agreement (which as far as I can see hasnt been released publically).

Humbl is a 2019 company with a few million invested to begin with. Their offices are a co working space in San Diego (atleast that is where they list for their trademarks). There are no US patents listed for humbl (just trademarks)

TSNP hired George Sharp on 10/27 and a multi billion company signed an LOI on 11/13.

However, all that is irrelevant to short term trading as the market has shown. We have common worth about $8 billion in a company with super preferreds. History does suggest long term what happens to common in those cases.

But again, the sky is the limit on these things when the fevers is in effect. AT has been freakishly brilliant in calling these and made everyone (including me) some nice cash.

Why are you moon boys downvoting this? It's the most legit bear case written to date. It's everything Slackster has been hinting at, but clearly worded and well articulated.

I'm not hating on AT and am well invested in TSNP, but it's not a bad thing to have both eyes open and be on the lookout for the rug getting pulled. The next financial statement I see for HUMBL will be the first. If anyone can link something, I'd love to take a look.

As I've said in other threads, HUMBL is a terrific idea, with very little in the way of tangible execution at this point.