I am not talking about the SMX deal...I am talking about the Ybyra deal with HMBL...which is separate....and $16 million of the purchase price in stock is not issued until AFTER the "recapitalization" event...meaning RS.
Therefore 80% of the HMBL equity is going to Ybyra AFTER the RS...assuming FINRA will even process it.
...and that is a majority of the equity consideration...as I said