DM ev disposal at FMV today $300,000 plus 3 million earn out For DM the agreement states 3,750 million made up of 3million plus $750,000 in 15,000,000 shares of GLBC at price of ,05 per share..
GBLC shares today traded at .02 so what we got in value at current market price is 2 cents at 15 million.
The agreement states balance of 3 million to be earned by earn out over 3year period.
So am Iright in saying what we got at FMV today is 300,000. Earnout ,should this be part of 3,750 sale?