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Sunday, November 27, 2022

Humbl Inc (OTCMKTS: HMBL) Major Reversal as Co Readies Launch of #NFTClassic & Looks to Up list to Major Exchange

Humbl Inc (OTCMKTS: HMBL) has seen a significant reversal in recent trading since a brief dip below $0.05 to $0.047 lows HMBL has picked up steam and is moving northbound with power. Currently under heavy accumulation HMBL looks cheap for a stock that was the biggest runner of 2020 skyrocketing from sub pennies starting as TSNP and running to multi dollars as HMBL at one point achieving a market cap of $1 billion dollars plus hitting highs of $7.72 post-split. HMBL has a massive following of investors behind and a major international following. As we have reported many times, HMBL is made up of team members from Company’s like Moneygram, Visa, Microsoft, Western Union American Express, Epson, Qualcomm and Facebook and was named a Forbes “Rising Startups to Watch” in June 2020. The Company has a powerful management team behind it led by CEO Brian Foote. Recently they brought back stock whizz George Sharp as Capital Markets Advisor who is shepherding HUMBL through the application process to the NASDAQ Stock Market since recently achieving OTCQB tier.   

This is an exciting time for HMBL which is launching its much-awaited NFT collection #NFTClassic on July 9 which will join a now growing list of HMBL products including its web 3, blockchain platform, Search3, HumblWallet, HumblPAY & Humbl Tickets. The Company is also signed a brand endorsement relationship with Myles Garrett to promote its Web 3 blockchain platform. To kick off their work together, HUMBL is launching a limited-edition Myles Garrett NFT Collection, currently scheduled for late July 2022, making use of core HUMBL Wallet, HUMBL Search Engine and HUMBL Marketplace product lines. The Myles Garrett NFT Collection will feature authentic NFTs with creative media including original art and accompanying sound. Myles Garrett is an American football defensive end for the Cleveland Browns of the National Football League (NFL). He was selected as the #1 overall draft pick in the 2017 NFL Draft. Previously HMBL has worked with a number of celebrities including Nick Carter among others. 

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Humbl Inc (OTCMKTS: HMBL) is a Web 3 blockchain company with consumer and commercial divisions. The company offers a HUMBL Mobile Pay app, HUMBL Search Engine and HUMBL Marketplace.  HMBL went public via a reverse merger with TSNP the biggest runner of 2020 before changing its name to HUMBL. 

HMBL has seen significant growth through acquisition completing the purchase of Tickeri, Inc., a leading Latin-focused ticketing platform and Ixaya Business SA de CV, a Mexico-based firm developing software and IT solutions, Monster Creative, LLC; a Hollywood production studio that specializes in producing movie trailers that recently won two awards at the 2021 Clio Awards, as well as one nomination as well as the mobile identification, verifiable credentials and blockchain tokenization platform of BizSecure, as well as its employee and consulting resources.  HMBL also completed the acquisition of Ixaya Business SA de CV, a Mexico-based firm with over 15 years of experience in developing software and IT solutions for the automotive, banking, payments, financial services, oil and gas, real estate, and cybersecurity sectors. With this acquisition, HUMBL obtains direct access to more than thirty-five (35) Ixaya technology team members specializing in product design, front-end engineering, back-end engineering, dev ops and blockchain development.

HUMBL is led by CEO Brian Foote who is well known in the crypto community and brings with him twenty years of consumer technology experience, having launched a number of top ranked global technology products at companies like Epson, where he was twice named to the Innovators Team Award for his work across merchant partners such as Amazon, Walmart, Costco, Target and Best Buy. In recent months Brian Foote has reduced the share count by at least 800 million and pledged not to dilute the stock in the future.  HMBL has also brought Mr. George Sharp back as Capital Markets Advisor. Mr. Sharp will shepherd HUMBL through an imminent application with OTC Markets for an advancement to the OTCQB tier and then towards an application to the NASDAQ Stock Market. In furtherance of these milestones, the company will file audited financials with the SEC beginning with the yearend statement for 2021.  

Microcapdaily was among the first on the scene when TSNP started moving northbound reporting on TSNP on November 15, 2020 when the stock was $0.003 stating at the time: “Tesoro Enterprises, Inc. (OTCMKTS: TSNP) is making a spectacular run up the charts in recent weeks quickly transforming into a volume leader and one of the top most traded stocks in small caps. TSNP started off in triple zero land but has gone parabolic since than quickly attracting legions of new shareholders who continue to bid the stock higher. Reverse Merger stocks (RM) are easily among the most exciting and explosive stocks in small caps rivaling only biotech’s in their ability to make historic gains. TSNP is the perfect merger candidate; a clean shell with virtually no debt and the new Company HUMBL is a major mobile payments player with a first-class management team with team members coming from companies like Western Union, Moneygram, Visa, American Express, Epson, Microsoft, Facebook and Qualcomm and was recently named a Forbes “Rising Startups to Watch” The whole deal is being shepherded by George Sharp, a reverse merger whizz and someone known for doing it right.    

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HMBL

Earlier this year HMBL completed the integration of the Polygon sidechain into its NFT platform, which will help creators more easily deliver NFTs to their collectors while reducing gas fees and minting costs. As a Layer 2 solution built on Ethereum, the Polygon sidechain allows users to conduct most transactions on the Ethereum blockchain for, in most cases, a fraction of the cost, and with greater speed than the Ethereum mainchain. NFTs are unique non-fungible, cryptographic tokens that reside on a blockchain which cannot be replicated, enabling creators to tokenize their intellectual property or work product so that it can be bought, sold and traded in new ways on the blockchain. The HUMBL NFT platform is accessible at HUMBL.com, and will also integrate its technologies over time into HUMBL’s “Search 3” Search Engine, which is launching on May 31, 2022 at Search3.com. The HUMBL NFT platform is accessible at HUMBL.com, and will also integrate its technologies over time into HUMBL’s “Search 3” Search Engine, which is launching on May 31, 2022 at Search3.com. 

Polygon believes in Web3 for all. Polygon is a decentralized Ethereum scaling platform and sidechain that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security. 

HMBL also recently launched Search 3, a new cross-chain search engine designed to help users explore Web 3, a decentralized version of the world wide web, built on blockchain. Search 3 is one of the first cross-chain NFT search engines, allowing consumers to directly search NFTs by wallet or contract address across Ethereum, BLOCKS, Polygon, Solana and Gnosis.  Consumers are able to confirm that NFTs have been “Verified by BLOCKS” to help protect against fraud and forgery on NFT marketplaces. The search engine also shows customers where NFTs are available for purchase across various marketplaces. In addition to Search 3, the company is shipping a companion HUMBL Web Wallet that enables customers to more seamlessly swap, transact with and manage digital assets on Web 3. This includes digital assets such as Bitcoin, Ethereum, USDC, Solana, Polygon, BLOCKS and more. 

The HUMBL Web Wallet features “Wallet Connect”, enabling customers to plug-in over 100 different wallets on top of the Search 3 platform. Customers can store ERC-20 & ERC-721 NFTs in the wallet, and plug into tokenized social media environments and marketplaces. The HUMBL Web Wallet employs security features such as 2FA-enablement and enhanced warnings on potentially questionable transactions while transacting on the Search 3 ecosystem.  

The company will be working to monetize the Web 3 search engine across advertising sales, branded content, NFTs, marketplace commissions, tokenized incentive and loyalty programs, as well as referral fees on customer services such as deliveries. The Search 3 product roadmap contains additional Web 3 entry points, such as: Metaverse, Government Services, and Origin Assurance designed to help customers track merchandise and collectibles on blockchain. The company is also developing a companion “Mail 3” privacy-focused email service for global customers.  

On June 21 HMBL announced it has signed a brand endorsement relationship with Myles Garrett to promote its Web 3 blockchain platform. To kickoff their work together, HUMBL is launching a limited edition Myles Garrett NFT Collection, currently scheduled for late July 2022, making use of core HUMBL Wallet, HUMBL Search Engine and HUMBL Marketplace product lines. The Myles Garrett NFT Collection will feature authentic NFTs with creative media including original art and accompanying sound. Certain NFT purchases from the collection will also be tied to physical merchandise such as signed professional footballs and jerseys. Myles Garrett is an American football defensive end for the Cleveland Browns of the National Football League (NFL). He was selected as the #1 overall draft pick in the 2017 NFL Draft.  

The NFTs and physical merchandise will also be “Verified by BLOCKS” to ensure authenticity for collectors. Any environmental impact of the NFT program will also be estimated and offset by “BLOCKS Zero” via carbon credits. A portion of the NFT sales will go to Waterboys.org, a program that was launched by the Chris Long Foundation, alongside some of his fellow NFL players, to build new water wells and improved clean water access to families in Africa. The NFT collection was produced in collaboration with GV Art + Design, which has collaborated previously on creative media with networks such as ESPN, Sports Illustrated, NBA.com and MLB Network. 

Brian Foote, CEO of HUMBL stated: “We’re excited to have the opportunity to work and collaborate with Myles and his team. He has been an excellent contributor to the NFL on and off the field and we are proud to be associated with him and his impact on the world.” 

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Currently HMBL has 1,411,125,639 shares outstanding, 348,160,860 of which are restricted leaving 1,062,964,779 free trading shares. HMBL does have $3.5 million in the treasury and according to their unaudited financial statements the Company did $2,503,388 in revenues during 2021. The big name behind HMBL is stock whizz George Sharp who was instrumental in the huge success of TSNP stock price as well as getting HMBL to OTCQB and looking for a NASDAQ listing. HMBL is an exciting story in small caps; management is made up of team members from Company’s like Moneygram, Visa, Microsoft, Western Union American Express, Epson, Qualcomm and Facebook and was named a Forbes “Rising Startups to Watch” in June 2020. This is an exciting time for HMBL which is launching its much-awaited NFT collection #NFTClassic on July 9 which will join a now growing list of HMBL products including its web 3, blockchain platform, Search3, HumblWallet, HumblPAY & Humbl Tickets. The Company is also signed a brand endorsement relationship with Myles Garrett to promote its Web 3 blockchain platform. To kick off their work together, HUMBL is launching a limited-edition Myles Garrett NFT Collection, currently scheduled for late July 2022, making use of core HUMBL Wallet, HUMBL Search Engine and HUMBL Marketplace product lines. The Myles Garrett NFT Collection will feature authentic NFTs with creative media including original art and accompanying sound. Myles Garrett is an American football defensive end for the Cleveland Browns of the National Football League (NFL). He was selected as the #1 overall draft pick in the 2017 NFL Draft. Currently under heavy accumulation HMBL has a massive following of international investors, at current levels, it’s got liquidity, momentum and a massive gap to fill from previous levels. Microcapdaily was first on the scene when TSNP started running reporting on the stock on November 15, 2020 when the stock was around $0.003. We will be updating on HMBL when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with HMBL.

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Disclosure: we hold no position in HMBL either long or short and we have not been compensated for this article.

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