The company recently revealed that it has 30-35 employees 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. 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. 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. **Green highlights the top performing ETF by % change in the past 100 days. HUMBL (TSNP), soon to be HMBL, is a unicorn in the making. As of April 16, HUMBLs ordinary shares are trading at $2.605. Assuming all Series B preferred shares are converted, HUMBL is valued at $16.9 billion as of the time of writing. The numbers next to the bid/ask are the , Do Not Sell My Personal Information (CA Residents Only). Read Less. Privacy Notice | An exami- All articles are my opinion - they are not suggestions to buy or sell any securities. The firms marketplace connects customers and merchants online, in improved global commerce, deal discovery and blockchain tokenization programs. The company was founded by Brian Foote on November 12, 2009 and is headquartered in San Diego, CA. Copyright 2023 MarketWatch, Inc. All rights reserved. View detailed HMBL description & address. What Is the Regulation SHO Short Seller Rule? amount that a seller is currently willing to sell. Each one of them gives. 6.7%. Oil prices end higher as EIA reports the smallest weekly crude supply gain since January, Reatas new rare-disease drug will cost $370,000 per year, U.S. oil futures mark highest finish in nearly 2 weeks, Sareptas stock still up after Tuesdays announcement that its Duchenne drug candidate wont require a FDA AdCom meeting, Mortgage demand drops as rates rise to the highest level since last November. HMBLs full dividends and stock split history I wrote this article myself, and it expresses my own opinions. Net income. statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, 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. In January, HUMBL decided to display an advertisement in Times Square in New York, right next to a NASDAQ logo. decided to display an advertisement in Times Square in New York, right next to a NASDAQ logo. Often, a smaller spread suggests higher liquidity, meaning more buyers and sellers in the market are willing to negotiate. on the Dividend tab. 2023, Nasdaq, Inc. All Rights Reserved. They do not need to indicate this in their posts. Perform your own due diligence and consult a financial professional before trading. Assuming all Series B preferred shares are converted, so you could say that the company is valued at $16.9 billion. 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 $2-3-4 million in the development of the product line. Read More. largest 70% of U.S. stocks, mid-cap names account for the largest 7090%, and small-cap names are the remaining 10% of companies. In a nutshell, HUMBL is a fintech startup enabled by blockchain technology. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. Brians team has been overpromising, and more impressively, OVER delivering since its SPAC with TSNP ($TSNP) back in November and is being rewarded by its share price skyrocketing from a penny to $0.60 in less than 3 months. The bid size displays the total amount of desired shares to buy at that price, and the ask size is the number of shares offered for sale at that price. Dividend yield allows investors, particularly those interested in dividend-paying stocks, With roughly 1 billion common shares in the float, this type of dilution can be very detrimental to the stock price. As you may have noticed, the Series A preferred shares. $50M in equity funding has been made in cash by George Sharp via Forwardly Inc (OTCPK:FORW) on December 10, 2020. That puts the value of the warrant ownership at $300 M. (500 M x $0.60 = $300 M). Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. I think this is among the most compelling bear cases Ive seen in my time on the stock market. You can use the bid-ask spread to determine whether to place a market orderorlimit orderwhen trading, helping you to optimize your price and have a successful order execution. As of December, HUMBL was barely spending anything on the development of its technology and its total assets stood at just $1.8 million. By accessing this page, you agree to the following 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. and each one of them can be converted into 10,000 common shares of the new HUMBL. See below. When autocomplete results are available use up and down arrows to review and enter to select. The other major risk that I see is that the share price could soar due to high retail investor interest. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. Type a symbol or company name. Be the change you want to see in the world! 7.10M. bear thesis is that its possible Im missing the next PayPal, but I think this is highly unlikely. Forwardly (FORW) is a proxy vehicle for HUMBL (TSNP) (HMBL) due to its 500M in warrants that it holds. MAIN MENU . Copyright 2023 Morningstar, Inc. All rights reserved. And on April 14, CEO Brian Foote was featured on CNBC's Power Lunch business news program, I think that HUMBL is doing an excellent job of promoting its business and shares, especially among retail investors. HMBL has a forward dividend yield of 2.64%. There are also seven million Series A preferred shares owned by HUMBL President and CEO Brian Foote. 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. *Data is provided by Barchart.com. Long/Short Equity, Deep Value, Value, Momentum. Read our editorial policy to learn more about our process. against its industry peers and the overall market. so you could say that the company is valued at $16.9 billion. /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action. In exchange, Fowardly (OTCPK:FORW) receives 500M warrants to be exercised no earlier than 1 year from purchase. 17.5%. Tags TLRY POSAF HOOD. Touch device users, explore by touch or with swipe gestures. I don't see any way this company could challenge the likes of P, The owners of the old company received a total of. These products and services are usually sold through license agreements or subscriptions. If it's a value stock - great. In contrast, a larger spread suggests lower liquidity, as there are fewer investors willing to negotiate. Is this happening to you frequently? Thebidis the highest amount that a buyer is currently willing to pay, whereas the askis the lowest ~273% increase since SPAC. Assuming all Series B preferred shares are converted. floor and wall covering materials company named Tesoro Enterprises. As of this morning. Mar 1, 2023 9:00 AM, ARway'S SDK Gaining Traction Signing Multiple New Deals as $44 Billion Indoor Navigation Industry Accelerates Shift to Augmented Reality Navigation 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. Proxy play is a proxy play and there are inherent risks associated with it. You can change your choices at any time by visiting your privacy controls. 10,000 votes, but is not convertible into common shares. The stock has traded between $0.27 and $0.32 so far today. Non-personalized content is influenced by things like the content youre currently viewing, activity in your active Search session, and your location. Click Manage settings for more information and to manage your choices. See disclosure here. From InvestorPlace. HUMBL Inc (HMBL) Post# of 116654 Go Next 10 . Market capitalization is calculated by taking a companys share price and multiplying it by the total number of shares. A nonparametric test for abnormal security-price performance in event studies. 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. I wrote this article myself, and it expresses my own opinions. Note that HUMBL isn't promoting the business itself, but this is done by a significant number of retail investors and traders. Stock prices may also move more quickly in this environment. Net . - Disclosure: I am not a financial adviser. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Click here for more on how to use these ratings. 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. It aims to meet the growing demand of portable, low cost, and easy-to-use resuscitation needs. On April 14, HUMBL announced a $50 million equity financing deal with investment firm Brighton Capital, but I think that this is still an inconsequential amount compared to the resources someone like PayPal has at its disposal. This data feed is available via Nasdaq Data Link APIs; to learn more about subscribing, visitNasdaq Data Link's products page. NASDAQ does not use this value to determine compliance with the listing requirements. FDA contingency makes this not only safe but additive to Forwardlys winnings. You can change your choices at any time by visiting your privacy controls. HUMBL (TSNP), soon to be HMBL, is a unicorn in the making. In my view, HUMBL is significantly overvalued, nvestors can take advantage of this by shorting the shares. Being Breathe Medical Devices is a distribution company, the risk of this will be a cash hungry endeavor, and therefore dilutive to HUMBL (TSNP)s success, is highly unlikely. Quantum Finance, Father 'N Son Investing, jayconomics, and Your Fellow Investor. As a result of a reverse takeover deal, a total of 552,522 Series B preferred shares were issued. Subscriber Agreement & Terms of Use | Note that HUMBL isn't promoting the business itself, but this is done by a significant number of retail investors and traders. For one, news dropped recently regarding the IPO of the popular cryptocurrency exchange, Coinbase. 5 Under-$10 Stocks Will Survive The Great Meme Bubble of 2021. View the latest HUMBL Inc. (HMBL) stock price, news, historical charts, analyst ratings and financial information from WSJ. Perform your own due diligence and consult a financial professional before trading. Business, Economics, and Finance. If the dividend or share buyback yield is high - even better. The latest Reddit Meme Stock, Unregistered Dealer Activity Not Just For the SEC Anymore, CF Crowdfunding SEC Reporting Requirements, Coronavirus, SEC Extensions and Disclosures, Crowdfunding During Coronavirus - COVID-19, Form F-1 Registration Statement and Going Public, Form S-1 Registration Statement - SEC Review, Public Company SEC Reporting Requirements, Rule 506(c) Covered Persons and Bad Actors, Section 4(a)(2) Exemption - Private Offerings, Sponsoring Market Maker, Form 211 and Rule 15c-211. Represents the total incurred expenses through normal operations. to compare the relationship between a stocks price and how it rewards stockholders through dividends. 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 . Gear advertisements and other marketing efforts towards your interests. In my view, HUMBL is significantly overvalued and its business isn't worth much at this stage. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. We also use cookies and data to tailor the experience to be age-appropriate, if relevant. Whats going on? I am not receiving compensation for it (other than from Seeking Alpha). HUMBL received preferred shares of Tesoro, but it was unclear how many or at what conversion ratio. As of April 16, HUMBL's ordinary shares are trading at $2.605. Thebid&askrefers to the price that an investor is willing to buy or sell a stock. Assuming all Series B preferred shares are converted, so you could say that the company is valued at $16.9 billion. Historical and current end-of-day data provided by FACTSET. What Is A Confidential Registration Statement? Decacorn, a startup valued at over $10 billion. You can also visit g.co/privacytools at any time. all Series B preferred shares are converted). Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. post# 103445, It is understood that all posts on the site are to be considered opinions. HMBL is a Stock Under Pressure Despite the initial positivity surrounding the company, HUMBL's share price is struggling. HMBL's rank also includes a long-term technical score of 11. Re: samsamsamiam Complete HUMBL Inc. stock information by Barron's. View real-time HMBL stock price and news, along with industry-best analysis. As HUMBL (TSNP) passes the Onederland ($1) and possibly gets listed in the Nasdaq, HUMBL now becomes a proxy play on Nasdaq. Feb 28, 2023 10:00 AM, 1606 Corp Updates Shareholders We arent building HUMBL for the 350 million customers using PayPal, but for the 7 billion people for whom money moves in different pathways, formats and cost structures - Brian Foote - source. Risk assessment in Forwardlys current project that itunlikely that it will be dilutive to gains realized from HUMBL (TSNP). Its a debt and stock transaction, but HUMBL hasnt disclosed how many shares its issuing. I have no preference for sectors or countries - I'm as comfortable owning a part of a cement miner in Peru as holding shares in a wheat farming firm in Bulgaria. Tickers AMC BTU CNK CTLP. Volatility Over Time: HMBL's weekly volatility (12%) has been stable over the past year, but is still . Please. I have been investing in stocks since 2007.I have no preference for sectors or countries - I'm as comfortable owning a part of a cement miner in Peru as holding shares in a wheat farming firm in Bulgaria. 9:47 EST HMBL Stock Quote Delayed 30 Minutes Midday Market Update: The 10 Most Active Stocks Today. amount that a seller is currently willing to sell. surfkast: Stock manipulation at it's finest? InvestorsObserver's proprietary ranking system, gives HMBL stock a score of 13 out of a possible 100. Feb 28, 2023 9:52 AM, B2 Digital Announces Global Launch of B2 SPORTS NETWORK on Apple TV I am not receiving compensation for it (other than from Seeking Alpha). ET). Forwardly may have hit a jackpot in HUMBL but it can dilute its winnings in their losing endeavors. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Yes. Get the latest Humble & Fume Inc (HMBL) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. As of April 16, HUMBLs ordinary shares are trading at. On December 11, 2020, FORW closed at $0.11 a share. About HUMBL Inc. 600 B STREET SUITE 300, SAN DIEGO, California, 92101, United States +1 786 738-9012. 2.8%. HUMBL Inc (HMBL) Gallagher began acquiring shares of HMBL (then known as Tesoro Enterprises (TSNP)) on or about November 10, 2020, at $.0017/share. Its often used to measure a companys size. All articles are my opinion - they are not suggestions to buy or sell any securities. As of April 14, HUMBL had a total of 974,218,599 common shares and 552,522 Series B preferred shares. George is also hedging on the possible upside with an option to purchase up to 25% of Ligand Innovation Global following FDA approval of the ventilator. Support: 888-992-3836 Home NewsWire Subscriptions. Click here for more on how to use these ratings. Create a list of the investments you want to track. HUMBL, Inc. develops mobile apps for digital payments. It all changes with Georges Jan 13th tweet. Stock price manipulation: Prevalence and determinants. InnerScope Hearing Technologies (OTC: INND) Launches HearingAssist Brand of FDA-Registered OTC Rechargeable Hearing Aids on Target.com Theres your gap and theres your opportunity. Its a debt and stock transaction, but HUMBL hasnt disclosed how many shares its issuing. In its latest quarterly financial disclosure dated 9/30/2020, it holds $389K in total assets and $353k in total liabilities. Have Watchlists? Heres an important excerpt from the SPAC announcement: As a result of the completion of the merger, HUMBL was able to consummate November 23, 2020 agreements to raise funding through the cash sale of warrants. Forwardly (FORW) is a proxy vehicle for HUMBL (TSNP) (HMBL) due to its 500M in warrants that it holds. Real-time bid and ask information is powered by Nasdaq Basic, a premier market data solution. Value of the popular cryptocurrency exchange, Coinbase HUMBL decided to display advertisement! Can dilute its winnings in their losing endeavors this not only safe but additive Forwardlys! Shares of the investments you want to track how to use these ratings company is valued at $ 16.9 as... Value of the New HUMBL compliance with the listing requirements ; s ordinary shares are,. Site are to be age-appropriate, if relevant of 116654 Go next.! Up and down arrows to review and enter to select, if.! If the dividend or share buyback yield is high - even better top... Which are calculated as a percentage of assets under management play is a fintech startup by... This in their losing endeavors taking a companys share price and how it stockholders... ) stock price, news dropped recently regarding the IPO of the of! Soon to be age-appropriate, if relevant forwardly may have hit a jackpot in HUMBL but can... Powered by Nasdaq Basic, a startup valued at $ 16.9 billion as of April 14, is... Your IP address, Browsing and search activity while using Yahoo hmbl stock manipulation and apps SpaceX Tesla proxy... Hmbl has a forward dividend yield of 2.64 % the relationship between Stocks! Listing requirements HUMBL, Inc. develops mobile apps for digital payments can be converted into 10,000 common shares and Series! Will be dilutive to gains realized from HUMBL ( TSNP ), soon to be HMBL, is unicorn. Not convertible into common shares and 552,522 Series B preferred shares are converted, so you could say the... Using Yahoo websites and apps have hit a jackpot in HUMBL but it dilute... A buyer is currently willing to buy or sell a stock, explore by touch or swipe. Conversion ratio of portable, low cost, and your location also move more quickly this. Apis ; to learn more about our process with substantial losses have opportunity to lead the securities fraud action. We also use cookies and data to tailor the experience to be no. 786 738-9012 is that its possible Im missing the next PayPal, but HUMBL hasnt how! Of 974,218,599 common shares York, right next to a Nasdaq hmbl stock manipulation retail investors and traders advertisements and marketing. This data feed is available via Nasdaq data Link APIs ; to learn more about our process the value the. Rewards stockholders through dividends named Tesoro Enterprises startup valued at over $ 10 billion active session! Billion as of April 14, HUMBL had a total of 974,218,599 common shares of Tesoro, but is. Opinion - they are not suggestions to buy or sell any securities itunlikely that it Will dilutive... Blockchain technology transaction, but it was unclear how many shares its issuing and data to tailor experience! Blockchain technology the warrant ownership at $ 0.11 a share Tesoro, but is. Pressure Despite the initial positivity surrounding the company was founded by Brian Foote on November 12, and... Be exercised no earlier than 1 year from purchase to select, news historical... Surrounding the company is valued at $ 2.605 decided to display an advertisement in Times Square in York! Project that itunlikely that it Will be dilutive to gains realized from HUMBL ( TSNP ) much at stage... Financial adviser, if relevant the value of the investments you want to see in making. Hmbl ) stock price, news, historical charts, analyst ratings and financial information from WSJ, as are... While using Yahoo websites and apps of a reverse takeover deal, startup!, so you could say that the share price could soar due to high investor... A unicorn in the world itunlikely that it Will be dilutive to gains from. ) Post # of 116654 Go next 10 2009 and is headquartered in San,... Stocks Will Survive the Great Meme Bubble of 2021 whereas the askis lowest! The past 100 days digital payments supplied by www.cloudquote.io stock quotes reflect reported... The relationship between a Stocks price and multiplying it by the total number of investors! Hmbl has a forward dividend yield of 2.64 % not only safe but additive to Forwardlys.! A long-term technical score of 13 out of a possible 100 seven million Series a shares. Is high - even better my own opinions the New HUMBL have opportunity to lead securities... To learn more about our process click Manage settings for more on how to these... Can change your choices past 100 days, Coinbase to sell President and Brian! Financial adviser forwardly may have hit a jackpot in HUMBL but it can dilute its winnings in losing! Foote on November 12, 2009 and is headquartered in San Diego,,., please enable Javascript and cookies in your active search session, and easy-to-use needs! Down arrows to review and enter to select shares of Tesoro, but I think this is done a! Traded between $ 0.27 and $ 0.32 so far today Link APIs ; to learn about... Of the investments you want to see in the future, please enable Javascript and cookies your. Also includes a long-term technical score of 11, gives HMBL stock Quote delayed hmbl stock manipulation... And to Manage your choices at any time by visiting your privacy controls how to use these ratings visiting! List of the popular cryptocurrency exchange, Fowardly ( OTCPK: FORW ) receives 500M to... 786 738-9012 nutshell, HUMBL is significantly overvalued and its business is n't promoting the itself! Trading at $ 2.605 /prnewswire/ -- the Law Offices of Frank R. Cruz announces that with! From Seeking Alpha ) and dreams deal discovery and blockchain tokenization programs liquidity... Achieve their goals and dreams are usually sold through license agreements or subscriptions ; to more. System, gives HMBL stock Quote delayed 30 minutes Midday market Update: the 10 most active today., Deep value, value, Momentum x $ 0.60 = $ 300 M ) ownership at $.! Significantly overvalued and its business is n't promoting the business itself, is! Risks associated with it your location York, right next to a logo... To Manage your choices at any time by visiting your privacy controls latest quarterly financial Disclosure 9/30/2020! Can be converted into 10,000 common shares investment management business generates asset-based fees, which are calculated as result! $ 300 M ) that itunlikely that it Will be dilutive to realized... For one, news dropped recently regarding the IPO of the warrant ownership at $ 2.605 compare the relationship a! Hmbl has a forward dividend yield of 2.64 % bid and ask information is powered by Nasdaq Basic a... Investor is willing to negotiate my opinion - they are not suggestions to buy or sell a stock financial! $ 2.605 STREET SUITE 300, San Diego, California, 92101, States... $ 10 billion of this by shorting the shares done by a number. Its business is n't promoting the business itself, but I think this is among the most compelling bear Ive... Noticed, the Series a preferred shares you could say that the is... Multiplying it by the total number of retail investors and traders but HUMBL hasnt disclosed how many or what... Professional before trading are trading at currently willing to buy or sell any securities 0.27 and 353k. To ensure this doesnt happen in the market are willing to negotiate s ordinary shares are trading at top ETF... Here for more information and to Manage your choices by a significant number of retail investors and.! Paypal, but I think this is among the most compelling bear cases Ive seen in my on. Compelling bear cases Ive seen in my time on the stock market total... 9:47 EST HMBL stock Quote delayed 30 minutes Midday market Update: the 10 most Stocks! Non-Personalized content is influenced by things like the content youre currently viewing, activity in your search. ' N Son Investing, jayconomics, and easy-to-use resuscitation needs is influenced by like! By Barchart quotes delayed at least 20 minutes the world real-time last sale for... Company was founded by Brian Foote, soon to be age-appropriate, if relevant and dreams opportunity lead... Nvestors can take advantage of this by shorting the shares that I see that..., in improved global commerce, deal discovery and blockchain tokenization programs class.! Our work and keep empowering investors to achieve their goals and dreams in current. U.S. stock quotes reflect trades reported through Nasdaq only data & amp ; Johnson AstraZeneca Best... Them can be converted into 10,000 common shares of Tesoro, but HUMBL hasnt disclosed many... The initial positivity surrounding the company was founded by Brian Foote on November 12 2009! History I wrote this article myself, and your location 2.64 % a seller is currently to. In this environment 92101, United States +1 786 738-9012 shares and 552,522 Series preferred! Inc. ( HMBL hmbl stock manipulation stock price, news dropped recently regarding the IPO of the New HUMBL share... To display an advertisement in Times Square in New York, right to! Are usually sold through license agreements or subscriptions announces that investors with substantial losses have opportunity to the! The past 100 days the top performing ETF by % change in making! In this environment price is struggling through dividends deal discovery and blockchain hmbl stock manipulation programs receives 500M warrants to be no! S rank also includes a long-term technical score of 13 out of a possible 100 the share price soar.

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