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re: TSNP is turning me on

Posted on 2/4/21 at 9:35 pm to
Posted by slackster
Houston
Member since Mar 2009
89931 posts
Posted on 2/4/21 at 9:35 pm to
quote:

Well it appears they have and the name change and ticker change is happening in the next month or earlier.


, yes, they have, but my point is to question how much of that is reality vs a real, executable, business plan.
quote:

I strongly urge you to listen to their recent investor call as it clear up a lot of questions you have


I look forward to their first SEC filing of any type. Should be something.
Posted by TigerDeBaiter
Member since Dec 2010
10485 posts
Posted on 2/4/21 at 9:35 pm to
quote:

HUMBL Inc. is not a money services business and does not hold itself out to be such. All money transmission services are being provided exclusively by third parties which are money transmitter[s] licensed and registered under all applicable state and federal laws. HUMBL does not offer money transmission services. All information provided on HUMBL's website and mobile applications is provided in good faith as examples for informational purposes only and is not a representation of money transmissions of any kind, express or implied. The availability of the HUMBL Mobile App, HUMBL Hubs Merchant Software, HUMBL Marketplace and HUMBL Network will vary by state, country, domicile and/or third-party service providers and may change at any time.


From their website. Soooo, what would ya say ya do... glad everyone is making money, but this reminds me of the Elektra crypto coin.

I’d love to be proven wrong. Just seems sketch.
Posted by Pendulum
Member since Jan 2009
7609 posts
Posted on 2/4/21 at 9:50 pm to
There's tons of apps that already do what humbl is attempting to do.

Go to play store and Google strike bitcoin. It's the same thing, but it's not just a PowerPoint. It uses the bitcoin lightning network to transfer various fiat into various fiat instantly and cheap. And they are partnering with visa to develop merchant tansactions.

Maybe I'm missing something.

This seems like a pump to me. A magnificent pump that has made me alot of money, but a pump nonetheless imo. I will say the dates they lay out are very soon, so guess we don't have to wait long to find out.
This post was edited on 2/4/21 at 9:54 pm
Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 2/4/21 at 9:53 pm to
So what the exit point in your opinion?
Posted by LSUneaux
New Orleans
Member since Mar 2014
4689 posts
Posted on 2/4/21 at 9:58 pm to
Do pumps normally uplist to the NASDAQ?
Posted by Pendulum
Member since Jan 2009
7609 posts
Posted on 2/4/21 at 9:59 pm to
I'm trying to figure that out. I have two positions up like 250% that I bought without really knowing a thing about this company...feels almost like an accident so maybe it's now. Probably gets gravity to $1 though.
Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 2/4/21 at 10:01 pm to
quote:

maybe it's now.


Well.... short term capital gains tax here I come!
Posted by Pendulum
Member since Jan 2009
7609 posts
Posted on 2/4/21 at 10:03 pm to
That's why I put all these penny's in a roth.

There might be more legs to this thing but I definitely don't see me getting to longterm gains.
This post was edited on 2/4/21 at 10:04 pm
Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 2/4/21 at 10:03 pm to
quote:

That's why I put all these penny's in a roth.



Genius.deeds
Posted by slackster
Houston
Member since Mar 2009
89931 posts
Posted on 2/4/21 at 10:07 pm to
quote:

This seems like a pump to me. A magnificent pump that has made me alot of money, but a pump nonetheless imo. I will say the dates they lay out are very soon, so guess we don't have to wait long to find out


Pump or not, I just question the wits of a board for a pre-revenue company like Humbl going public via a sub-$.01 penny stock and then getting a $4B valuation. The money left on the table for the company is astounding if this valuation is legitimate.
Posted by LSUneaux
New Orleans
Member since Mar 2014
4689 posts
Posted on 2/4/21 at 11:03 pm to
LINK

Great article of TSNP explaining why people are bullish
This post was edited on 2/4/21 at 11:04 pm
Posted by I Fish 2
Member since Feb 2021
2 posts
Posted on 2/5/21 at 1:03 am to
There's a number of these RM's going on right now. The derelict ticker/company is an easy, cheap, and fairly quick way for an up and coming or even an established company to get listed and, as I understand it, less encumbering than going through a spac. I've invested in several based purely on speculation. That's how I ended up in tsnp and forw and they aren't my only 2 winners but, I'm loath to share them, I don't need a
This post was edited on 2/5/21 at 1:08 am
Posted by MusclesofBrussels
Member since Dec 2015
4859 posts
Posted on 2/5/21 at 7:05 am to
The author of that article has some either ignorant or intentionally misleading statements. This, for example, is blatantly false:

quote:

Mexican immigrant currently can’t “Venmo” money to Mexico. They have to go to Western Union or Walmart, stand in line, pay expensive fee and foreign exchange fee and send money back to Mexico which may take a couple of days to settle.


Remitly and TransferWise have been doing digital remittances to Mexico for some time and are both successful companies with established market share. The only real differentiator I could potentially see for HUMBL is the idea that the recipients in Mexico would never need to pick up physical cash if they can buy things in their area using humble pay directly, but that seems more like fantasy than reality. Seems dubious to suggest digital payments are going to take off in poor, third world countries and phase out the need for physical cash.
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 2/5/21 at 7:07 am to
Strike global is the future. Makes humbl look like a joke
Posted by Allthatfades
Mississippi
Member since Aug 2014
8024 posts
Posted on 2/5/21 at 7:58 am to
This thing is gonna run again
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 2/5/21 at 8:18 am to
Yup, sitting a +20 Pre market right now
Posted by Ruxins Rascals
Middle of Da Bayou
Member since Nov 2018
537 posts
Posted on 2/5/21 at 8:18 am to
quote:

This thing is gonna run again



This post was edited on 2/5/21 at 8:19 am
Posted by meeple
Carcassonne
Member since May 2011
10291 posts
Posted on 2/5/21 at 8:27 am to
Just tried to pick up some on TDA. Initially tried to place a market order, but told me it had to be a limit or stop limit. Did a limit and it tells me there’s no trading of bulletin board securities. Can anyone help?
Posted by Richleau
Member since Dec 2018
3300 posts
Posted on 2/5/21 at 8:28 am to
Posted by slacker00
Member since Mar 2011
589 posts
Posted on 2/5/21 at 8:29 am to
Maybe wait until the market opens. Try again now?
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