
Monday, May 12, 2025 12:43:30 PM
Yes, they would definitely do it on purpose because there is an asset that was added to our portfolio and Ybyra has yet to collect the shares for payment. It offsets because that is how accounting works. If they didn't do it this way, it would be misleading and the auditor would not sign off on it. Good guess.
I would say they are doing it on purpose this way so as to get the auditor to sign off.
While the "net" value is zero, we collected an asset that can be sold right away to bring in additional cash. The fact that Ybyra didn't collect any shares early on, keeps the con artists on ihub from complaining about the OS for a while longer. Nothing misleading. In fact, if the stock goes up, Ybyra will collect less shares for the same $20mil that was invested. It is almost as if Ybyra wants HMBL to succeed. Weird, right?
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