HMBL - Humbl CEO retires $100M worth shares

Blockchain firm focused on mobile payments, ticketing and financial services - HUMBL (HMBL) CEO Brian Foote has agreed to retire 9,350 shares of Series B Preferred Stock that he owns, which is the equivalent of 93.5M shares of common stock.Market value of these shares was over $100M. Mr. Foote previously retired ~551.2M pre-split common shares from the float in November 2020, also at his own personal cost.Purpose of this share retirement is to reduce the overall company share count and protect investors from dilution as the company pursues its brand partnerships, top line revenue and market share acquisition strategies.Price drops 1% after market hours

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Humbl CEO retires $100M worth shares