STOCK TITAN

George Sharp Returns to HUMBL As Capital Markets Advisor

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

On November 19, 2021, HUMBL, Inc. (HMBL) announced the appointment of George Sharp as Capital Markets Advisor. He will lead HUMBL's application to up-list to the OTCQB and eventually to NASDAQ. The company plans to file audited financials with the SEC, starting with the year-end 2021 statement. CEO Brian Foote emphasized the importance of this transition for attracting new investors, although he cautioned that NASDAQ listing is not guaranteed and may take time. Sharp expressed enthusiasm about working with HUMBL to enhance shareholder value.

Positive
  • Appointment of George Sharp as Capital Markets Advisor to enhance market presence.
  • Intention to file audited financials with the SEC, improving transparency.
  • Plans to apply for up-listing to OTCQB and eventually NASDAQ, potentially attracting new investors.
Negative
  • A NASDAQ listing is uncertain and not expected in the short term, indicating potential delays in market advancement.

San Diego, CA, Nov. 19, 2021 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTCMKT: HMBL), announced today that it has once again retained the consulting services of George Sharp 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.

HUMBL President and CEO, Brian Foote remarked, “Once we agreed that an uplist of the company’s stock was in everybody’s best interest, the consensus of HUMBL management was that it was important to ask George to shepherd us through the process. His microcap savvy, which we value greatly, enabled us to bring about one of the most followed reverse mergers in OTC Markets history. Now HUMBL is prepared to take the necessary next steps to expand on that success.”

George Sharp commented, “Although I count many accomplishments among my efforts to legitimize the OTC Markets, working with management to bring HUMBL to the public was undoubtedly my crowning achievement. This is in large part due to the integrity and boundless energy of Brian Foote. I am eager to assist HUMBL move forward with its agenda and am excited about what HUMBL as an operation has in store.”

Mr. Foote continued, “A NASDAQ listing will not be achieved in the short term and is by no means assured. There are many steps to contemplate, and we will provide updates only when appropriate. However, we do believe that this endeavor will enable new groups of investors to consider HUMBL, whom would otherwise not be able to invest in the company or its stock. We therefore ask our HUMBL shareholders to be patient and assured that we are working hard to bring additional value to them.”

About George Sharp

Drawing from his experiences as a litigant, investigator and forensic researcher, George Sharp consults with attorneys and publicly-traded companies seeking to protect investors and bring value to shareholders. He has been referenced in the television and print media for his efforts to combat microcap fraud. Mr. Sharp is also on the management team of several public companies, including Forwardly, Inc.

About HUMBL, Inc.

HUMBL is a consumer blockchain company working to simplify blockchain use cases across verticals like mobile payments, ticketing, NFTs and real estate.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company's control.

CONTACT:
PR@HUMBLPay.com


FAQ

What recent announcement did HUMBL (HMBL) make regarding its stock market listing?

HUMBL announced the hiring of George Sharp as Capital Markets Advisor to assist in applying for an up-list to the OTCQB and eventually NASDAQ.

What are HUMBL's plans for filing financials?

HUMBL plans to file its audited financials with the SEC starting with the year-end statement for 2021.

Why is HUMBL seeking to up-list to NASDAQ?

HUMBL aims to up-list to NASDAQ to access a broader investor base and enhance shareholder value.

What did CEO Brian Foote say about the NASDAQ listing timeline?

CEO Brian Foote mentioned that a NASDAQ listing is not assured and will take time, urging shareholders to be patient.

HUMBL INC

OTC:HMBL

HMBL Rankings

HMBL Latest News

HMBL Stock Data

5.68M
18.17B
0.59%
0%
Software - Application
Technology
Link
United States of America
San Diego