Well since you want to refer to it as “deferred consideration”….lets run with that.
That generally refers to some portion of the consideration that is held back from the seller by the buyer until some criteria is met. Usually held in escrow. Happens in M&A all the time.
So what you are saying is that HMBL is holding back the ENTIRE consideration for some reason.
…which a company would do when they don’t believe that the asset is actually worth what the seller says it is or have some serious question about why they are buying.
And holding back the entire consideration for an asset purchase…going on five months now is not typical or “standard”…at all.
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