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Exciting Financial News from HUMBL, Inc.
San Diego, California, Oct. 18, 2023 (GLOBE NEWSWIRE) — HUMBL, Inc. (OTC: HMBL) (“HUMBL” or the “Company”) announced today a significant financial development in collaboration with its funding partner, Pacific Lion, LLC. Since October 1, 2023, Pacific Lion has taken strategic steps to acquire additional legacy debt, totaling over $3 million, previously held by five leading financial institutions. This acquisition is part of HUMBL’s ongoing efforts to strengthen its financial position and pave the way for future growth and expansion.
It’s always exciting to hear about companies making bold moves in the financial world, and HUMBL is no exception. With a total debt retirement of over $22 million and the strategic acquisition of legacy debt, the company is setting itself up for success in the coming years. This announcement is sure to have a positive impact on both HUMBL and its investors, as it demonstrates the company’s commitment to financial stability and growth.
But what does this news mean for you, the average consumer? Well, if you’re a shareholder or potential investor in HUMBL, this announcement could be a sign of good things to come. A strong financial position and a clear plan for the future are key indicators of a company’s long-term success, so this news should be reassuring for anyone with a stake in HUMBL’s success.
On a larger scale, this announcement could also have a ripple effect on the financial world as a whole. By demonstrating its ability to retire debt and make strategic acquisitions, HUMBL is setting a positive example for other companies in the industry. This could lead to increased investor confidence and a more stable financial market overall.
Conclusion
In conclusion, HUMBL’s recent financial announcement is a clear indication of the company’s commitment to growth and success. By retiring over $22 million in debt, acquiring legacy debt, and partnering with Pacific Lion, HUMBL is positioning itself for a bright future. This news is sure to have a positive impact on both the company and the financial industry as a whole, setting a strong example for others to follow. Exciting times lie ahead for HUMBL, and we can’t wait to see what the future holds!
