- Tesoro recently merged with HUMBL and the resulting company is valued at over $5 billion.
- HUMBL has announced several products, but none of them is new. Many of them were previously presented by a company named BLOCK 30.
- The company seems to be attracting significant interest from retail investors, although no one has managed to explain to me why it could be the next PayPal.
- I continue to think that Tesoro/HUMBL might be worthless but the share price could remain disconnected from reality for a while.
For further details see:
Revisiting Tesoro/HUMBL - It's Got Electrolytes