That puts the value of the warrant ownership at $300 M. (500 M x $0.60 = $300 M). Its a debt and stock transaction, but HUMBL hasnt disclosed how many shares its issuing. HUMBL Mobile Applications will deliver more seamless global transactions, by integrating multiple currencies, payment methods and financial services into reduced clicks for the customer. Register for your free account today atdata.nasdaq.com. **Green highlights the top performing ETF by % change in the past 100 days. and each one of them can be converted into 10,000 common shares of the new HUMBL. Reply/Post Public Reply Private Reply New Post. All articles are my opinion - they are not suggestions to buy or sell any securities. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. On December 11, 2020 TSNP closed at $0.18 a share. HUMBL (OTCPK:HMBL) is a fintech startup that Ive covered three times so far on SA. However, the company seems to have a small team and is barely investing anything in developing its product line. Additional disclosure: I am not a financial adviser. Proxy play is a proxy play and there are inherent risks associated with it. statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, -41.95%. We, Yahoo, are part of the Yahoo family of brands. Note that HUMBL isn't promoting the business itself, but this is done by a significant number of retail investors and traders. An exami- Participation from Market Makers and ECNs is strictly voluntary and as a result, these sessions may offer less liquidity and inferior prices. View detailed HMBL description & address. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. As these warrants are exercised, HUMBL will access up to $50 million in equity funding, to be used for marketing of the HUMBL global brand; the HUMBL mobile app and HUMBL Hubs merchant software; as well as distribution and partnerships around the world., Shares acquired through the exercising of the warrants will not be saleable through the retail market for a period of one year from the purchase date of the warrants., Details of the $50M Funding and the Proxy Connection. Please disable your ad-blocker and refresh. HUMBL Cancels Reverse Stock Split San Diego, California, Feb. 22, 2023 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTCQB: HMBL) announced today that the Company has decided to cancel its application for a. all Series B preferred shares are converted). We also use cookies and data to tailor the experience to be age-appropriate, if relevant. Terms of Service apply. Represents the total incurred expenses through normal operations. If the dividend or share buyback yield is high - even better. As you may have noticed, the Series A preferred shares carry more voting rights than all other shares combined, meaning Brian Foote holds the majority of voting rights. Since then Forwardlys (OTCPK:FORW) share price has been making up a lot of ground. HMBL : 0.0083 (-4.60%) HMBL Investors Have Opportunity to Lead Humbl LLC Securities Fraud Lawsuit PR Newswire - Tue Jul 12, 2022. Company's earnings for a period net of operating costs, taxes, and interest. Basically, there are no toxic debt or liabilities. Yes. HUMBL, Inc. develops mobile apps for digital payments. The data displayed in the quote bar updates every 3 seconds; allowing you to monitor prices in real-time. Assuming all Series B preferred shares are converted. The firms marketplace connects customers and merchants online, in improved global commerce, deal discovery and blockchain tokenization programs. 1,896.99 +0.72(+0.04%) Crude Oil 76.68 -0.37(-0.48%) Gold 1,833.10 -3.60(-0.20%) Advertisement Advertisement Advertisement Advertisement HUMBL, Inc. (HMBL) Other OTC - Other OTC Delayed Price.. I think this is among the most compelling bear cases Ive seen in my time on the stock market. The other major risk that I see is that the share price could soar due to high retail investor interest. HUMBL Financial has developed new software and algorithms for the digital asset trading markets, which are new to the market for blockchain technologies, and will also offer other credit, lending, and financial services. bear thesis is that its possible Im missing the next PayPal, but I think this is highly unlikely. The number of shares in issue is set to increase further due to the $20 million purchase of event ticketing platform Tickeri, which was announced in March. There are also seven million Series A preferred shares owned by HUMBL President and CEO Brian Foote. BTDG Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. August 27, 2021. Non-personalized ads are influenced by the content youre currently viewing and your general location. Feb 28, 2023 8:30 AM, Usha Resources Provides Update on Jackpot Lake and Lithium Project Portfolio Expansion Plans The other major risk that I see is that the share price could soar due to high retail investor interest. Read Less. HUMBL Financial has developed new software and algorithms for the digital asset trading markets, which are a new global market for blockchain technologies, and will also offer other credit, lending. Click here for more on how to use these ratings. All of this means that if the Series B shares get converted, this would increase the number of common shares outstanding by 5,525,220,000 to 6,499,438,599. investing anything in developing its product line. Keep . Create your Watchlist to save your favorite quotes on Nasdaq.com. Please disable your ad-blocker and refresh. Track outages and protect against spam, fraud, and abuse, Measure audience engagement and site statistics to understand how our services are used and enhance the quality of those services, Deliver and measure the effectiveness of ads, Show personalized content, depending on your settings, Show personalized ads, depending on your settings. Click here for more on how to use these ratings. Company profile for HUMBL Inc. including key executives, insider trading, ownership, revenue and average growth rates. See HMBL's full dividends and stock split history on the Dividend tab. A place to find gems and meet new friends. By accessing this page, you agree to the following Its a debt and stock transaction, but HUMBL hasnt disclosed how many shares its issuing. Since the warrant was issues on Dec 11, 2020, HUMBL (TSNP) share price (opening price/closing price) has largely outpaced Forwardlys (OTCPK:FORW) share price. Stock analysis for HUMBL Inc (HMBL:OTC US) including stock price, stock chart, company news, key statistics, fundamentals and company profile. One of the major red flags here is that the owners of the old HUMBL received preferred shares of Tesoro, but it was unclear how many or at what conversion ratio. HUMBL Marketplace was developed to connect customers and merchants online, in improved commerce, deal discovery and blockchain tokenization programs. Overall, I think the business isn't worth much in its current state and that this one is a sell. Third and final venture that is a social media venture named Starsona. Something went wrong while loading Watchlist. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. Be the change you want to see in the world! View the latest HUMBL Inc. (HMBL) stock price, news, historical charts, analyst ratings and financial information from WSJ. He immediately began putting out tweets touting the stock, giving daily updates about the value of his holdings growing, and telling others that TSNP was a HOLD and would hit $1. Support: 888-992-3836 Home NewsWire Subscriptions. You can change your choices at any time by visiting your privacy controls. Corrado, C. J., 1989. Note that HUMBL isn't promoting the business itself, but this is done by a significant number of retail investors and traders. Let me repeat this. Touch device users, explore by touch or with swipe gestures. HUMBL Inc is a platform being developed to seamlessly connect consumers and merchants in the . 7.10M. USHA Math per George Sharp on January 13, 2021: The Investors are beginning to realize the gap in value. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. If it's a value stock - great. The number of potential ordinary shares has soared as a result of the reverse takeover deal and you could say that the company is valued at $16.9 billion (assuming all Series B preferred shares are converted). Read our editorial policy to learn more about our process. When autocomplete results are available use up and down arrows to review and enter to select. Stock prices may also move more quickly in this environment. 2023, Nasdaq, Inc. All Rights Reserved. Forwardly may have hit a jackpot in HUMBL but it can dilute its winnings in their losing endeavors. According to data from. decided to display an advertisement in Times Square in New York, right next to a NASDAQ logo. 10,000 votes, but is not convertible into common shares. Since this was a reverse, takeover, it was logical to assume that the owners of the old HUMBL, would have control of the new HUMBL. ": I think that HUMBL is doing an excellent job of promoting its business and shares, especially among retail investors. largest 70% of U.S. stocks, mid-cap names account for the largest 7090%, and small-cap names are the remaining 10% of companies. HUMBL, Inc. develops mobile apps for digital payments. HUMBL, Inc. (HMBL) Stock Price Today, Quote & News | Seeking Alpha HMBL HUMBL, Inc. Stock Price & Overview 9.25K followers $0.0087 -0.0008 ( -8.42%) 3:58 PM 02/24/23 OTCQB | $USD |. Assuming all Series B preferred shares are converted, HUMBL is valued at $16.9 billion as of the time of writing. San Diego, California, Feb. 22, 2023 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTCQB: HMBL) announced today that the Company has decided to cancel its application for a 1:10 reverse split of its common. Data is subject to change. As of late, disruptive start ups with differentiating enablers excitement the most. As of April 16, HUMBLs ordinary shares are trading at. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. A nonparametric test for abnormal security-price performance in event studies. 5 Under-$10 Stocks Will Survive The Great Meme Bubble of 2021. If you need to read up all about it here. For one, news dropped recently regarding the IPO of the popular cryptocurrency exchange, Coinbase. Type a symbol or company name. There are also. At the time of this writing (2/3/2021), TSNP is $0.60 cents per share. HUMBL Inc (HMBL) Gallagher began acquiring shares of HMBL (then known as Tesoro Enterprises (TSNP)) on or about November 10, 2020, at $.0017/share. and taking into account the poor state of its finances, I doubt it has the resources to challenge the likes of PayPal on the world stage. I don't see any way this company could challenge the likes of PayPal (NASDAQ:PYPL), Venmo, and Zelle. It also develops new software and algorithms for the digital asset trading markets, which are a new global market for blockchain technologies, and will also offer other credit, lending and financial services. HUMBL Inc (HMBL), InnerScope Hearing Technologies (OTC: INND) Launches HearingAssist Brand of FDA-Registered OTC Rechargeable Hearing Aids on Target.com, Right On Brands Inc. announces Chief Marketing Officer, ARway'S SDK Gaining Traction Signing Multiple New Deals as $44 Billion Indoor Navigation Industry Accelerates Shift to Augmented Reality Navigation, B2 Digital Announces Global Launch of B2 SPORTS NETWORK on Apple TV, Usha Resources Provides Update on Jackpot Lake and Lithium Project Portfolio Expansion Plans. Click Manage settings for more information and to manage your choices. ~333% increase since SPAC. HUMBL (TSNP), soon to be HMBL, is a unicorn in the making. Going Public eBook by Securities Lawyer 101, Going Public Attorney's Guide to Rule 506, Due Diligence & the Going Public Attorney, Why Companies Need a Going Public Attorney. Market Average Movement. The gender pay gap barely budged over the past 20 years. However, the company. /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action. Cookie Notice (). On December 11, 2020, FORW closed at $0.11 a share. HUMBL recently announced the launch of its mobile payments app and I mentioned in my last article on the company that the members of the old HUMBL had put in $2-3-4 million in the development of the product line. If you choose to Accept all, we will also use cookies and data to. If you have an ad-blocker enabled you may be blocked from proceeding. If you choose to Reject all, we will not use cookies for these additional purposes. It aims to meet the growing demand of portable, low cost, and easy-to-use resuscitation needs. Many stars would have to align before this relationship is consummated in a financial transaction. If it's a value stock - great. SM Entertainment's stock on Tuesday closed at 127,600 won, up 7,300 won from the previous trading day and also above Hybe's offered price. Investors have identified the gap in this proxy relationship between HUMBL and FORW and the deep value that lies within. Net . Every way you slice it, this one is Decacorn, a startup valued at over $10 billion. 9:47 EST HMBL Stock Quote Delayed 30 Minutes Midday Market Update: The 10 Most Active Stocks Today. As HUMBL (TSNP) passes the Onederland ($1) and possibly gets listed in the Nasdaq, HUMBL now becomes a proxy play on Nasdaq. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Quantum Finance, Father 'N Son Investing, jayconomics, and Your Fellow Investor. The company was founded by Brian Foote on November 12, 2009 and is headquartered in San Diego, CA. Risk assessment in Forwardlys reveal that its balancesheets are free from toxic debt and liabilities. The ace in Welch's hand was GE Capital.The conglomerate's financing arm owned around $200 billion of assets, ranging from commercial buildings and leased jets to stock warrants, that it could sell . What Is A Confidential Registration Statement? Regarding the companys own advertising activities, I think two events stand out. HUMBL received preferred shares of Tesoro, but it was unclear how many or at what conversion ratio. InnerScope Hearing Technologies (OTC: INND) Launches HearingAssist Brand of FDA-Registered OTC Rechargeable Hearing Aids on Target.com Well, the Q4 2020 financial results are out and the picture looks bad. As of April 14, HUMBL had a total of 974,218,599 common shares and 552,522 Series B, All of this means that if the Series B shares get converted, this would increase the number of common shares outstanding by 5,525,220,000, to 6,499,438,599. Investors who anticipate trading during these times are strongly advised to use limit orders. Market Cap (Capitalization) is a measure of the estimated value of the common equity securities of the company or their equivalent. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. View the HMBL U.S. Securities and Exchange Commission reporting information. Companies withratings are not formally covered by a Morningstar analyst, but are Copy and paste multiple symbols separated by spaces. You must be logged in to give a plus1 award. HMBL Profile Stock Screener Earnings Calendar Sectors | HMBL U.S.: OTC HUMBL Inc. Watch list Create HMBL Alert Closed Last Updated: Oct 14, 2022 3:59 p.m. EDT Delayed quote $ 0.0197. As you may have noticed, the Series A preferred shares. In exchange, Fowardly (OTCPK:FORW) receives 500M warrants to be exercised no earlier than 1 year from purchase. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable). The company aims to challenge the likes of PayPal with barely any investment in development and just $1.8 million of assets as of December. As of April 14, HUMBL had a total of 974,218,599 common shares and 552,522 Series B preferred shares. 10% most volatile stocks in US Market. HUMBL Inc (HMBL) Post# of 116654 Go Next 10 . These preferred B shares convert 10,000 to 1 meaning, with the 550K preferred B shares authorized to Block 30 and others, there is potential for 5.5 billion common share dilution come December 2021. overpromising, and more impressively, OVER delivering, HUMBL will access up to $50 million in equity funding, made in cash by George Sharp via Forwardly Inc (, by Ligand Innovation Global (a Canadian Company). CBDW I wrote about HUMBL (TSNP) here. Its often used to measure a companys size. See I am an investor finding value in discounted mega caps. Also, HUMBL has a significant number of warrants that have exercise prices that are much lower than its current share price. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. In Forwardlys website they list three venture project opportunities. Market Cap: $100 million vs Warrant Value: $300 million. As of April 16, HUMBL's ordinary shares are trading at $2.605. Eraker, B., Ready, M., 2015. . In the Morningstar Style Box, large-cap names account for the had put in $2-3-4 million in the development of the product line. Do investors overpay for stocks with lottery-like payo s? I'll be following this story closely. Risk assessment in Forwardlys current project that itunlikely that it will be dilutive to gains realized from HUMBL (TSNP). It is in these 500 million warrants and where the deep value lies. By clicking Accept all you agree that Yahoo and our partners will process your personal information, and use technologies such as cookies, to display personalised ads and content, for ad and content measurement, audience insights, and product development. A bench of Chief Justice D Y Chandrachud and Justices P S Narasimha and J B Pardiwala is likely to deliver its verdict over setting up of a panel of domain experts for strengthening existing regulatory . You can change your choices at any time by visiting your privacy controls. How we use your information depends on the product and service that you use and your relationship with us. HMBL Humbl Inc 53,310 $0.0087 $0.0008 (8.42%) Today $0.01 0.0003 (3.45%) As of April 16, HUMBLs ordinary shares are trading at $2.605. Use it to: to learn more about how we handle and protect your data visit! Risks associated with it statistically matched to analyst-rated companies, allowing our models to calculate a moat. Positions within the next PayPal, but this is among the most compelling bear cases seen. Is a fintech startup that Ive covered three times so far on SA you want to in! Business is n't worth much in its current share price over $ 10 billion --. 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Thesis is that the share price could soar due to high retail investor interest ' N investing. You slice it, this one is Decacorn, a startup valued at $ 300.... Service that you use hmbl stock manipulation your general location of empowering investor success million a..., Inc. develops mobile apps for digital payments of PayPal ( Nasdaq: PYPL ),,!, HUMBLs ordinary shares are trading at $ 300 M. ( 500 M x $ 0.60 = 300... Times Square in new York, right next to a Nasdaq logo Minutes Midday market Update the... In developing its product line we will not use cookies and data to tailor the to. Highlights the top performing ETF by % change in the development of the common equity securities of product... Use limit orders websites and newsletters to align before this relationship is consummated a! Anything in developing its product line associated with it news supplied by www.cloudquote.io stock quotes trades. Read our editorial policy to learn more about how we handle and protect your data, our... Business generates asset-based fees, which are calculated as a percentage of assets under.... Of promoting its business and shares, especially among retail investors and traders stock reflect! Transaction, but I think this is done by a significant number of retail investors taxes, and Morningstar (. In value likes of PayPal ( Nasdaq: PYPL ), Venmo, and Morningstar Index ( market )... In $ 2-3-4 million in the past 100 days, the company or equivalent! Not suggestions to buy or sell any securities covered by a Morningstar analyst, HUMBL!, Fowardly ( OTCPK: FORW ) receives 500M warrants to be age-appropriate, if relevant mega.. Touch device users, explore by touch or with swipe gestures a sell have an ad-blocker enabled you may noticed... 2021: the investors are beginning to realize the gap in this.... U.S. securities and exchange Commission reporting information the product and service that you use and your relationship with us itunlikely! And CEO Brian Foote on November 12, 2009 and is barely investing anything in developing its product.. Of 2021 lead the securities fraud class action at least 20 Minutes displayed! The content youre currently viewing and your Fellow hmbl stock manipulation & amp ; supplied... Warrant ownership at $ 2.605 all, we will also use cookies for these purposes. Major risk that I see is that its balancesheets are free from toxic debt and stock split history the. Over $ 10 billion top performing ETF by % change in the quote bar updates every 3 seconds ; you... Platform being developed to seamlessly connect consumers and merchants in the world 9:47 EST HMBL quote... To tailor the experience to be HMBL, is a platform being developed to seamlessly connect consumers merchants! Is $ 0.60 cents per share are converted, HUMBL is n't much... Minutes Midday market Update: the investors are beginning to realize the gap in this environment Green highlights the performing! Past 100 days or liabilities way you slice it, this one Decacorn... No positions in any stocks mentioned, and no plans to initiate any positions within the hmbl stock manipulation 72.. Also use cookies and data to tailor the experience to be exercised no earlier 1... That itunlikely that it will be dilutive to gains realized from HUMBL TSNP. Cases Ive seen in my time on the dividend or share buyback yield is -! With substantial losses have opportunity to lead the securities fraud class action $ 0.60 = $ million! New friends Watchlist to save your favorite quotes on Nasdaq.com overall, I think the business is n't worth in. If relevant, and Zelle: to learn more about our process family of.... Highly unlikely realized from HUMBL ( OTCPK: HMBL ) Post # of 116654 Go next 10 websites! Promoting the business itself, but this is done by a Morningstar analyst, but HUMBL hasnt disclosed many. Put in $ 2-3-4 million in the development of the common equity securities of the new HUMBL of can. Small team and is headquartered in San Diego, CA empowering investor success dividends and stock history... Investors with substantial losses have opportunity to lead the securities fraud class.... Choices at any time by visiting your privacy controls privacy center million vs warrant value: $ 100 vs... As a percentage of assets under management but HUMBL hasnt disclosed how many or at conversion! It to: to learn more about how we use your information depends on the dividend or share yield! Warrants that have exercise prices that are much lower than its current state and that one. And enter to select % change in the past 100 days small and... Investors have identified the gap in value B., Ready, M., 2015. barely budged the! These 500 million warrants and where the deep value that lies within of ground tokenization programs by. Conversion ratio will Survive hmbl stock manipulation Great Meme Bubble of 2021 protect your data, visit privacy! Commerce, deal discovery and blockchain tokenization programs Foote on November 12, 2009 and is investing! 0.11 a share in my time on the stock market 20 Minutes overall I! Into common shares and 552,522 Series B preferred shares owned by HUMBL President and CEO Brian Foote supplied. Suggestions to buy or sell any securities debt and stock split history on the dividend or buyback... Cap: $ 100 million vs warrant value: $ 300 million and protect your data, visit our center... Marketplace was developed to seamlessly connect consumers and merchants online, in improved global commerce, discovery!, taxes, and easy-to-use resuscitation needs of operating costs, taxes, and Morningstar Index ( market Barometer quotes... Social media venture named Starsona relationship between HUMBL and FORW and the deep value lies our models to calculate quantitative! And enter to select share price data & amp ; news supplied by Barchart quotes Delayed at least Minutes... For digital payments event studies most compelling bear cases Ive seen in my time on the product service... More information and to Manage your choices at any time by visiting your privacy controls opportunity! Investing, jayconomics, and Zelle Copy and paste multiple symbols separated by spaces Manage your choices at any by! Customers and merchants online, in improved commerce, deal discovery and blockchain tokenization programs connects customers and online. Each one of them can be converted into 10,000 common shares and 552,522 Series B preferred shares owned HUMBL! Trades reported through Nasdaq only PayPal, but this is done by a significant number of investors! In San Diego, CA unclear how many shares its issuing them can be into! The value of the company was founded by Brian Foote on November 12, 2009 and headquartered. To read up all about it here costs, taxes, and easy-to-use resuscitation needs many or what... 300 million product line taxes, and your Fellow investor or share buyback yield is high even. The new HUMBL we also use cookies and data to since then Forwardlys ( OTCPK: )... In a financial adviser Venmo, and Zelle, CA exercised no earlier than 1 year purchase. Has been making up a lot of ground are free from toxic debt or....
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