They did, and in return, they got 27.5% of the profits of those HMBL assets actually being monetized - converted into a source of income. In addtion they will own 27.5% of WSCG and everthing they do as well.
Did you read the asset purchase agreement? HMBL sold all their assets to WSCG.
This is definitely a different deal, but if you take a moment, you might see that we have benefited greatly: 1. Ybyra sold 100% of FinCapital to Humble - a subsidiary of Ybyra. FinCap was a business on it's own that deals with commodities and real estate and is working on a deal to do a cradle to grave platform from mining/growing to sales, commodities excange, to shipping/delivery, to a complex tracking system of all products and services. As part of the deal, FinCap was given $20mil in inventory that I personally have reason to believe was already sold (for more than $20mil). 2. WSCG is a private company made up of some rich people with business in real estate and finance. The rich people got together to create a new business model apart from their $1.5 bil property management business they have in Utah. This deal will likely include HMBL financial as one of their main models. If you look closely, that model is an exchange not unlike a stock exchange that deals with crypto - specifically a basket of different crypto that will be managed by computer modeling and analysts. To me, it isn't a far reach to move into an actual stock exchange. Maybe acting as a much better DTC as well. 3. In addition to the finance aspects above, WSCG is big into property management. HMBL has the ability to title real estate through blockchain methods. This is a really big deal. If they only did this service, WSCG could be a very big company. But things like leases can be handled through blockchain as well. This could revolutionize residential apartments as well as comercial space. Payments, maintenance logs, extraordinary circumstances, contract dates - virtually every aspect of property management can be enhanced through blockchain. The Ybyra press releases discuss how things can be done with the addition of SMX. Start thinking about how real estate can be enhanced in a similar fashion.
So the argument seems to be - but HMBL will be a shell... Never. They will be FinCap who is a business on day one. They will own almost a third of a company that can be a monster company in real estate management and "marking."