Humbl Inc (OTCMKTS: HMBL) A big reversal is underway as the payments pioneer heads north and grows through acquisitions

Humbl Inc (OTCMKTS:HMBL) has seen a significant reversal in recent trading since a brief dip below $0.11 HMBL has gained momentum and is moving north with power. Currently under heavy accumulation, HMBL looks cheap for a stock that has been the biggest runner of 2020, going from subcents starting with TSNP and running to several dollars as HMBL at one point reached a market cap of 1 billion dollars and reaching post-split highs of $7.72. HMBL has a massive following of investors behind and a major international following. As we’ve reported multiple times, HMBL is made up of team members from companies including Moneygram, Visa, Microsoft, Western Union American Express, Epson, Qualcomm, and Facebook and has been named Forbes “Rising Startups to Watch.” in June 2020. has a powerful management team behind it led by CEO Brian Foote. Recently, they brought back stock market genius George Sharp as a capital markets advisor who guides HUMBL through the NASDAQ stock market application process since he recently reached OTCQB.

HMBL has experienced significant growth through the acquisition of Tickeri, Inc., a leading Latin-focused ticketing platform, Ixaya Business SA de CV, a Mexican company developing software and IT solutions, Monster Creative , LLC; a Hollywood production studio specializing in the production of movie trailers that recently won two awards at the 2021 Clio Awards, as well as BizSecure’s mobile ID, verifiable credentials and blockchain tokenization platform , as well as its employees and consulting resources. Most recent acquisition of HMBL Ixaya customers include Hitachi, Mazda, Grupo Innova, PyLC, Point Capital, US México Chamber of Commerce, El Corte Ingles, H Ayuntamiento Guanajuato, Pago Gas, Botas Caborca, Quick Food & More, Centro Fox, Mexico Business Events, Kasai, Moriroku, Banco Mercantil del Norte, Cluster Industrial, Gobierno del Estado Guanajuato and Shell México. HMBL worked with Nick Carter; the Grammy-nominated artist who has sold over 130 million records as a solo artist and as a member of the Backstreet Boys. Nick Carter will release a new EP and NFT collection on blockchain. Carter will work with HUMBL to implement the program.

Humbl Inc (OTCMKTS: HMBL) is a new Web 3 platform being developed to seamlessly connect consumers and merchants in the digital economy, through its HUMBL Mobile Applications, HUMBL Marketplace and HUMBL Financial divisions. HUMBL mobile apps will offer more seamless global transactions, integrating multiple currencies, payment methods and financial services into reduced clicks for the customer. HUMBL Marketplace was developed to connect customers and merchants online, through enhanced global commerce, transaction discovery and blockchain tokenization programs. HUMBL Financial has developed new software and algorithms for digital asset trading markets, which is a new global market for blockchain technologies, and will also offer other credit, lending and financial services. HMBL went public via a reverse merger with TSNP the biggest runner of 2020 before changing its name to HUMBL.

The company has seen significant growth through the acquisition of Tickeri, Inc., a leading Latin-focused ticketing platform and Ixaya Business SA de CV, a Mexican software and IT solutions company, Monster Creative, LLC; a Hollywood production studio specializing in the production of movie trailers that recently won two awards at the 2021 Clio Awards, as well as a nomination as well as the mobile ID platform, verifiable credentials and BizSecure’s blockchain tokenization company, as well as its employees and consulting resources.

Tickeri has seen great enthusiasm for live events in 2021, with growth in recent months already exceeding pre-covid numbers. “The momentum and rebound we’ve seen recently has been impressive, and we’re excited to continue to grow the Latin music market in the U.S. and abroad,” said Juan Luis Gonzalez, CEO of Tickeri. . Tickeri is a ticketing and SaaS platform that offers Latin events and artists in the United States, Latin America and the Caribbean Corridor. Tickeri is one of the only event ticketing companies focused on the Latin market, offering advanced features such as real-time reporting, analytics, ticketing tools and a marketing platform with over 5,000 locations and operators.

HMBL recently completed the acquisition of Ixaya Business SA de CV, a Mexico-based company 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. . With this acquisition, HUMBL gains direct access to over thirty-five (35) Ixaya technology team members specializing in product design, front-end engineering, back-end engineering, operations development and blockchain development.

Ixaya will continue to operate as a stand-alone business and serve its existing customers in Latin America. The company will also prioritize its work with the HUMBL consumer division and the HUMBL Blockchain Services business division to foster mutual expansion in North America and Latin America. Current Ixaya clients include Hitachi, Mazda, Grupo Innova, PyLC, Point Capital, US México Chamber of Commerce, El Corte Ingles, H Ayuntamiento Guanajuato, Pago Gas, Botas Caborca, Quick Food & More, Centro Fox, Mexico Business Events , Kasai, Moriroku, Banco Mercantil del Norte, Cluster Industrial, Gobierno del Estado Guanajuato and Shell México.

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As part of the transaction, HUMBL also acquired several off-the-shelf software offerings in Latin America that can be selectively rebranded and marketed under the HUMBL product family. These software products include: yo Pago, Cook + Serve, Atenda and PetroControl. Ixaya Business SA de CV is a Mexico-based company with more than 15 years of experience in the development of software and IT solutions for the automotive, banking, payments, financial services, oil and gas industries. gas, real estate and cybersecurity.

The company also recently launched the Latin America Blockchain Accelerator (LABS) in Santiago, Chile, HMBL CEO Brian Foote, announced that he launched “Project: Search 3”. The initiative will result in the production of “Search 3”, one of the first modular and blockchain-based Web 3 search engines. The company announced that it is already well advanced in building the technology, which is expected to ship to global markets in the first half of calendar year 2022. In addition to providing traditional Web 2 search functionality such than web, videos, images and news, “Search 3” will also offer cross-chain NFT search functionality in blockchain projects such as Ethereum, Solana, Gnosis, Polygon and BLOCKS. The search engine will also make available “Verified by BLOCKS” technology, an additional layer of metadata, storage and authentication that can be applied to both the physical supply chain and digital objects, such as NFT.

On April 1, HMBL announced that it had reduced its debt balance by exchanging promissory notes for common stock. On March 28, 2022, HUMBL entered into exchange agreements with various noteholders. Pursuant to these agreements, HUMBL exchanged promissory notes representing $3,176,804.61 of outstanding debt securities for 37,374,172 shares of common stock. In addition to the note exchange, on March 30, 2022, HUMBL received an investment of $1,500,000 from Sartorii, LLC. In exchange for the investment, HUMBL issued a promissory note to Sartorii for an initial principal amount of $1,500,000. The note bears interest at the rate of 4% per annum and is due 36 months from the date of issue. Satorii has the right to accelerate the note and increase the interest rate to 8% upon the occurrence of an event of default. As a result, the company is currently at a discounted cash position of $5,000,000.

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Currently, HMBL has 1,411,125,639 shares outstanding, of which 348,160,860 are restricted, leaving 1,062,964,779 shares free to trade. HMBL has $3.5 million in cash, and according to its unaudited financial statements, the company had revenue of $2,503,388 in 2021. The big name behind HMBL is stock market genius George Sharp, who was instrumental instrumental in the huge success of the TSNP share price as well as in obtaining HMBL. on the OTCQB and seeking a listing on the NASDAQ. HMBL is an exciting story in small caps; The management is made up of team members from companies including Moneygram, Visa, Microsoft, Western Union American Express, Epson, Qualcomm and Facebook and was named a Forbes “Rising Startups to Watch” in June 2020. HMBL has experienced growth significant thanks to the acquisition completing the purchase of TickeriInc., a leading ticketing platform focused on Latin America, Ixaya Business SA de CV, a Mexican company developing computer software and solutions, Monster Creative, LLC; a Hollywood production studio specializing in the production of movie trailers that recently won two awards at the 2021 Clio Awards, as well as the mobile ID, verifiable credentials and blockchain tokenization platform of BizSecure, and its human and consulting resources. Currently under heavy accumulation, HMBL has a massive following of international investors, at current levels, it is got liquidity, momentum and a huge gap to close from previous levels. Microcapdaily was first on the scene when TSNP began generating stock reports on November 15, 2020 when the stock was around $0.003. We’ll update HMBL when more details emerge, so make sure you’re subscribed to Microcapdaily so you know what’s going on with HMBL.

Disclosure: We do not hold any long or short positions in HMBL and we have not been compensated for this article.

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