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Thursday, October 6, 2022

Humbl Inc (OTCMKTS: HMBL) Steady Rise Northbound as Payments Pioneer Launches Major Marketing Initiative, Achieves OTCQB & Looks to Up List to Major Exchange

Humbl Inc (OTCMKTS: HMBL) has been on the rise in recent weeks moving steadily higher since reversing of $0.212 lows back in December. HMBL has a massive following of investors behind it and can run quick, the stock is a volume leader on the OTC and regularly among the top most traded stock in small caps. HMBL was one of the biggest runners of 2021 skyrocketing up the charts to highs of $7.72 post-split making the stock a penny stock unicorn at the time. Speculators are accumulating at current levels and looking for another run back towards previous highs. HUMBL is an exciting Company 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 will shepherd HUMBL through the application process to the NASDAQ Stock Market. Since bringing back Mr. Sharp HMBL quickly achieved the OTCQB tier. 

HMBL has launched a major marketing initiative recently getting some celebrities on board working with Nick Carter; the Grammy-nominated artist who has sold over 130 million records as both a solo artist and as a member of the Backstreet Boys. Nick Carter will be releasing a new EP and NFT collection on blockchain. They also brought on Trevor Etienne, a 4-star running back recruit from Jennings, Louisiana to launch the “HUMBL x ETIENNE NFT collection.” In an interactive first for the NCAA college selection process, alumni and fans from around the world will have the opportunity to help select their favorite uniform look for Trevor, as well as purchase commemorative NFTs through the HUMBL NFT Marketplace. On Friday the Company received approval from OTC Markets Group to move up to the OTCQB Venture Market. This move opens up the stock to a whole new level of investors. HMBL has stated its intention to get HUMBL to a Nasdaq listing; while the Company does not currently have the prerequisites in place, they would not have hired back Mr. Sharp to take them there unless there was a solid plan in place. 

Humbl Inc (OTCMKTS: HMBL) is a Web 3, digital commerce platform that was built to connect consumers, freelancers and merchants in the digital economy. HUMBL provides simple tools and packaging for complex new technologies such as blockchain, in the same way that previous cycles of e-commerce and the cloud were more simply packaged by companies such as Facebook, Apple, Amazon and Netflix over the past several decades. The goal of HUMBL is to provide ready built tools, and platforms for consumers and merchants to seamlessly participate in the digital economy. HUMBL is built on a patent-pending decentralized technology stack that utilizes both core and partner technologies, to provide faster connections to the digital economy and each other. HUMBL has three interconnected product verticals: HUMBL Pay – A mobile app that allows peers, consumers and merchants to connect in the digital economy; HUMBL Marketplace – A mobile marketplace that allows consumers and merchants to connect more seamlessly in the digital economy; and HUMBL Financial – Financial products and services, targeted for simplified investing on the blockchain. HMBL recently integrated ACH into the “HUMBL Pay” mobile wallet. With this new feature, consumers can attach their US bank accounts to their HUMBL Pay mobile wallet, to load balances and perform multiple functions. 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.

HUMBL has a powerful management team behind it led by CEO Brian Foote, well known in the crypto community who 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. Also on the HUMBL team are Jeffrey Hinshaw, Drew Foster, Karen Garcia, Michele Rivera and Javier Gonzalez.  

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HMBL has been working with Nick Carter; the Grammy-nominated artist who has sold over 130 million records as both a solo artist and as a member of the Backstreet Boys. Nick Carter will be releasing a new EP and NFT collection on blockchain. Carter will be working with HUMBL to implement the program. The EP will debut sometime in early 2022, and it will be preceded by a HUMBL Holidays listening party in December 2021 in Las Vegas, Nevada, where Carter will share several of the songs from the upcoming EP. HUMBL Tickets will be available to the event with commemorative NFTs, along with new BLOCKS Metadata storage and BLOCKS Registry verification functions. The Company is also working with Trevor Etienne, a 4-star running back recruit from Jennings, Louisiana to launch the “HUMBL x ETIENNE NFT collection.” In an interactive first for the NCAA college selection process, alumni and fans from around the world will have the opportunity to help select their favorite uniform look for Trevor, as well as purchase commemorative NFTs through the HUMBL NFT Marketplace. Recently HMBL retained the consulting services of George Sharp as Capital Markets Advisor. Mr. Sharp will shepherd HUMBL through an imminent application towards an application to the NASDAQ Stock Market. Mr. Sharp is a stock whizz who was instrumental in helping the TNSP/HMBL RM take place and the historic run that followed. Since bringing back Mr. Sharp HMBL has quickly achieved OTCQB status. 

Since going public via the RM with TSNP HUMBL has made a number of acquisitions including Tickeri, a leading ticketing, live events and box office SaaS platform featuring Latin events and artists throughout the United States, Latin America, and the Caribbean corridor. The Company paid $20,000,000 in debt and stock. HUMBLE also acquired Monster Creative, LLC; a Hollywood production studio that specializes in producing movie trailers and other related content. Monster was founded by Doug Brandt and Kevin Childress. Monster will collaborate with HUMBL in the production of NFTs and other digital content. The purchase price for all of the membership interests in Monster was paid through the issuance of one convertible note and one nonconvertible note to each of Doug Brandt and Kevin Childress in the aggregate principal amount of $8,000,000. On December 21, Monster Creative, a HUMBL, Inc company, announced it has won two awards at the 2021 Clio Awards, as well as one nomination. 

On January 14 HMBL announced it has received approval from OTC Markets Group to move up to the OTCQB Venture Market. Trading as an OTCQB issuer will commence on January 14, 2022. HUMBL CEO, Brian Foote, commented: “The achievement of becoming an OTCQB issuer is a testament to the hard work of the entire HUMBL team. To be able to meet the requirements of OTC Markets and be listed on the OTCQB market is an important step for the future of our company.” 

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HMBL has been on the rise in recent weeks moving steadily higher since reversing of $0.212 lows back in December. HMBL has a massive following of investors behind it and can run quick, the stock is a volume leader on the OTC and regularly among the top most traded stock in small caps. HMBL was one of the biggest runners of 2021 skyrocketing up the charts to highs of $7.72 post-split making the stock a penny stock unicorn at the time. Speculators are accumulating at current levels and looking for another run back towards previous highs. HUMBL is an exciting Company 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 will shepherd HUMBL through the application process to the NASDAQ Stock Market. Since bringing back Mr. Sharp HMBL quickly achieved the OTCQB tier. HMBL recently got some celebrities on board and has been working with Nick Carter; the Grammy-nominated artist who has sold over 130 million records as both a solo artist and as a member of the Backstreet Boys. Nick Carter will be releasing a new EP and NFT collection on blockchain. They also brought on Trevor Etienne, a 4-star running back recruit from Jennings, Louisiana to launch the “HUMBL x ETIENNE NFT collection.” In an interactive first for the NCAA college selection process, alumni and fans from around the world will have the opportunity to help select their favorite uniform look for Trevor, as well as purchase commemorative NFTs through the HUMBL NFT Marketplace. On Friday the Company received approval from OTC Markets Group to move up to the OTCQB Venture Market. This move opens up the stock to a whole new level of investors. HMBL has stated its intention to get HUMBL to a Nasdaq listing; while the Company does not currently have the prerequisites in place, they would not have hired back Mr. Sharp to take them there unless there was a solid plan in place. 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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