Thanks Next. That makes sense as far as there is no shares in the new entity. So I didn't think it was going to be a spin off, as it's shown presently.
NEXT, Just wondering if anyone on this board has connected w/ Everett or his offices for updates or guidance ? YIC seems approachable. Still not sure who the surviving co.will be or is this just a Conv. instrument to give YIC working capital to expand production. Anyone with answers or speculation?