2023-06-15 09:06:23 ET
HUMBL ( OTCQB:HMBL ) r etired over $19M in debt since January 1, 2023. This was accomplished in part by successfully negotiating the settlement of debts through the issuance of HUMBL shares, in many cases, at prices above the market price of the stock.
The company has also fully satisfied its $2.2M settlement with Forwardly.
The final $440K installment payment of the $2.2M was made to Forwardly on June 14, 2023 in full satisfaction of this obligation.
The company can now focus more of its capital on core operations and retiring remaining debt.
For further details see:
HUMBL retires ~$19M debt since 2023 beginning