News Focus
News Focus
icon url

OMOLIVES

06/07/25 6:42 PM

#145995 RE: TenKay #145994

You will see it eventually. But ask yourself this. Where did the other rough $18,000,000 come from if you believe that the $17,000,000 is all part of the holdco and not the entirety of WSCG? You see it right? WSCG did not have $18 Million...it was a vehicle created a Month prior with no assets until it acquired Humbl assets for $3,000,000 and some shares in a private SPV Company. .

Because if such were the case..it would add up to :

$17 Million Humbl

$18 Million WSCG

$45 Million added by WSGC

That would total $80 Million and 27.5% of that is $22 Million plus $3,000,000 paid and forgiven by WSCG equals $25 Million

That was never the sale price. The sale price was $20 Million minus the $3,000,000 paid and forgiven by WSCG which equals $17,000,000. Which "was" 27.5% of the $17 Million plus $45 Million($62 Million)