HUMBL: Illusions of Grandeur, Collapsing International Deals, And Lurking Dilution

HUMBL is an early-stage fintech company with a $5.6 billion fully diluted market cap that recently reverse-merged onto the OTC. It ended its most recent quarter with ~$156,000 in revenue and currently has ~$4.5 million in cash. It had zero revenue in 2020. The company aspires to be an Amazon or Alipay, imagining that it will facilitate payments to billions … Continue reading HUMBL: Illusions of Grandeur, Collapsing International Deals, And Lurking Dilution