Before the $2m capital raise, YPB had around 416m shares on...

Before the $2m capital raise, YPB had around 416m shares on issue. The $2m capital raise at a issue price of 0.444c adds another 450m shares. Then there is the JHH $1m convertible loan facility which has to be settled by October 3, 2023 and the way YPB's share price is going, that will add at least another 500m shares being issued. This means overwhelmingly the concentration of YPB shares will be with a few entities aligned with JH, YPB senior management and Everblu. Consolidation or not, this massive increase in issued shares is going to put intense downward pressure on the share price.

The last sale yesterday of 1m YPB shares was at 0.25c. The 'professional and sophisticated investor(s)' who backed the $2m capital raising have a book loss of almost 0.2c if the going share price is 0.25c. Enough to say that these investors are going to have to buy another 250m shares at 0.444c when the actual share price is well below this amount. I think YPB will find it almost impossible to do another CR when this current CR has gone so badly for the investors who backed this CR.