 Welcome back to the Independent Investor Channel. These videos are becoming increasingly more enjoyable for me to do from week to week, not necessarily because of the recovery in the stock price. It certainly does go below the surface in my application. There's been some institutional accumulation of the stock here and for good reason. There is way, way too much momentum building here for highly on holdings on all fronts. R&G legislation, which are a lot of the reasons that we talked about existing as a potential catalyst for the company as we evolve on this mission to realize a cleaner transportation sector. And I look at the competition very intimately. I disclosed on my live stream Friday that I actually exited my long calls on Nikola for a profit, I might add. But it wasn't after taking the leaps into some significant deep water and decided to go ahead and exit that position. My conviction just isn't there. It has everything to do with the business model and the amount of units that need to be turned out by Nikola to actually turn a profit. I just don't see them garnering as much interest as they are being provided favor in. Conversely, Hylian is being provided no benefit whatsoever. And not sure what's going on, accumulations happening, institutions are seeing it, perhaps maybe the only stock sale, whether or not a buy or a sell from internal ownership from Patrick Sexton probably tells some of the story about some of the insiders that highly on holdings being a little bit reluctant to buy the stock. I don't know why. I hope they continue to wait. I hope they miss out on this opportunity for the executives and the compensation that I was able to review on the last 10 Q, I believe after the 2022 annual stakeholder meeting of acknowledging not only their corporate accounting company to extend their contract, which I thought was really the only thing that I was that interested in as far as extending places of the board of directors for all of these executives that have decided to liquidate stock is somewhat troublesome to me as I represent one third of the current total Hylian shares outstanding through retail investing, private, just regular people who own this stock and then 30% by institutions and the remaining 30% by insiders. But it's really that one third that I advocate for and I think it has been nothing short of disappointing of a road over the last couple of years. The compensation scales that I look at here with Hylian and people are going to disagree. They're going to cringe when I talk along this dialogue because I know there's a lot of people who expect of me to come on and talk nothing but good about Hylian and we're going to do that today. There was absolutely some phenomenal news that came and I'm going to jump into the original investor presentation, which has caught a lot of scrutiny for me over the last couple of years, but one specific slide that does a really great job of cross comparing the Hylian vision and how they're going after the total cost of ownership savings just furthered by the newest proposal here from the Inflation Reduction Act of 2022. If you guys did not have a chance to see that it is the very first news release on the Hylian.com website. I would invite you to kick over there, click on investors and then click on the very first news release Hylian supports movement of inflation for the Reduction Act of 2022 toward fighting climate change. Click over to the business wire write up as they are the sole source of fantastic coverage of Hylian up to this point, whereas the rest of the coverage on Hylian quite frankly pales in comparison. I put them in the same category basically as the national inquirer as being just a bunch of garbage and fluff that covers this company outside of the discord group, which I know that there's been a lot of people who have joined based on my counsel and guidance to that discord group. That's great. You're going to find all kinds of information in there. It is one of the best independent sources of information anywhere in the world on this company. And as we move toward mass scale and globalization, you're going to want to know where these sources of information are because as I've evolved with the independent investor channel, I've moved away from coming out with the feudal three stock picks per month videos, which is a complete nut or waste of your freaking time and mine. This my friends is not. This is one of those opportunities that do not come very often. This is one of those opportunities that we've had all kinds of time to sit back and marinate on. We have had all kinds of time to sit here and observe the stock be oversold for a significant amount of more time than what I think has been deserving of the company. However, I think with the way that this company came public through this back process, I think they're going through some of the financial validation here under public scrutiny that they would have otherwise went through during or through the IPO process. And I don't even know if they would have been eligible to come IPO right now. That's for another talking head or an evaluator or a corporate accountant to determine at this point whether or not these fundings and this one shot that these guys have to do to fully realize their business plan is going to come to fruition. The ironic part about it is they again are doing it on the dime of the original funding that came through through the SPAC process on the backs of many investors, myself included. And those are the folks that I indeed advocate for. So I'd like to welcome everybody to the weekly message. This is the most unappreciative message. This is typically breaking all levels of rules of common courtesy and consideration with regard to the acknowledgement that this product is being put out so frequently. I will say that tongue in cheek full well suggesting that I don't need Hylian's validation or acknowledgement to this when I tweet to put a question up on the earnings board at the conclusion of prepared remarks on this which is going to be their next earnings call coming up on Wednesday, August 10th. You guys are going to want to stay tuned for that. I'm a little bit muted in my excitement for this earnings, you know, mill, mill and a half of earnings. Great. That's great. We are still in a phase of transitioning to what is happening right now in the Cedar Park facility and keeping our eye on where this company could potentially go into the future. 1.5 million of top end revenues with again zero profit for the company is going to be kind of a non-starter for me. So I'm estimating in between an $800,000 top end revenue and perhaps maybe even a 1.5 million which would be a little bit closer to the top of the range that I would be looking at. Who knows? I mean, they could come out and just suggest that they've got another $500,000 of top end revenue wouldn't be surprised me a bit. This company has done nothing but prove to me that it is absolutely a futile effort to try to forecast what it is that these guys have got going on behind the scenes and my bullish conviction on the company is very, very forthcoming. I'm very, very transparent with what it is that I have invested in right now in the company. About 12,050 shares, maybe a little bit more there. I've got a little bit for my kids put away for their future. As I do believe that this company really needs to get its footing, which I believe it's doing, really strengthen and base the stock out, which I believe it's been doing for the last couple of months. Nobody's really talked about it. I think I'm the first one to come out just say what I'm about to say and from the trough to the peak now at $4.52, the stock's up 60%. So those of us that have been stock owners this whole time, we've taken it into the downturn and we've seen them appreciation to the upside of 60%. What does that mean to our bottom line? Nothing. A lot of us are carving back a lot of what has been an exacerbated sell-off in the name and we need much, much more in way of better days to see this thing through. I mentioned Patrick Sexton, no longer with the company anymore. He was their CTO and really with the Hylian team since the beginning and he is the only stock sale from 2022 that's on the ledger and it was a liquidation of about 68,000 shares. Again, I am trying to be as neutral as I can with this application, but merely to suggest that his angst in selling the stock at $3.31 has cost him a whopping $82,000. So for somebody like that and for these board of directors that are being gifted multiple 100,000 share blocks of stock and cash compensations and award bonuses that according to their last 10Q, they didn't meet a lot of those incentives. So they were paid bonuses of zero. I believe that those bonuses will be met and those thresholds will be overcome to actually realize some of that compensation for some of the executive team there. But I cringe when I look at this executive board right now because if the revenues are coming through at $800,000 to a mill mill and a half, I know companies that are generating three to $4 million that are microcap companies that are traded on the OTC quality board markets and even some of the companies that I cover into the pink sheets are making more money than highly on dot com or highly on holdings and these executives are pulling in, you know, six figure salaries as if they're making it and the verdict is still out. So, you know, I understand paying people the compensation, but you better at some point put your money where your mouth is and don't get me wrong. I actually agree with the compensation. I actually agree that it's a sign of strength for the company to be provided what it is. For example, a CFO should be paid, a CEO should be paid. Okay. The ironic part for me is where are, where's the confidence in the company that's portrayed outside of just, you know, teaching about EVs and going to a few expos and talking about how bullish everybody is on the company and the company fails to meet targets for their hybrid EX sales. All right, something's got to give at some point. Okay. And these interesting levels of compensation right now is something that I grit my teeth on a little bit. Look, I don't care. I'm from the dirt. All right, you're not going to get any jealousy for me. What do I have to be jealous about? I've been broke my whole life. Right. This half a million dollar portfolio that I sit on, I think is somewhat irrelevant at this point in my life. I don't look like that is something that's anything special. I'm very, very excited about the position and highly on, but, you know, these positions that a lot of these top end executives have liquidated over the past couple of years have been, you know, 5X, 10X, what my little position is that I've been able to build up and until now incur nothing but heartache with regard to this stock holding. Better days ahead? Certainly. That's my bullish conviction. Does historical performance mean that it's going to render those predictable results into the future? I don't believe so. I believe this company is going to surprise to the upside and I believe we're sitting on an opportunity of a lifetime here, but this company has a lot of work to do. And I think it's fair for me as a neutral voice on the company, an independent commentator on Hylian and quite frankly, the sole source of information that is frequent and one that I put online with some consistency and predictability out there and with a levelhead. I'm looking to look at, share the information from my lens as I see it. You guys obviously know I come from a bullish perspective. I have to disclose what it is that I own with my share position and all fairness so people don't misconstrue my message and say, well, he's one way or this and that or he's this way or that. Look, if you want to take over my weekly videos, great. I'll tune into you and become a steward and a student of the game. No problem. But the reason why I came out with this product was because about a year and a half ago, I identified that Hylian was not doing what they needed to do on their own to push their message forward. Furthermore, my question on Twitter that speaks to the one OEM right now that they have basically pledged their loyal ship to to take them to the promised land. Has there been any type of movement on this supply chain issue that evidently has just plagued Hylian Holdings? And dare I say, it's not plagued other companies that have been able to find parts, find products, find wire clips and harnesses. I mean, can we just go down to Home Depot and pick up some of these things? I joke a little bit and I poke the bear a little bit to suggest that you are a 700, almost an $800 million company. And this excuse has gone long enough. It's gone long enough. Find the parts, build them yourself. What we need to do is we need to understand progress on this. And it shouldn't be me asking the question to suggest that maybe management has identified a little bit of progress on this front and that yes, indeed, those parts have been identified and backfiled and backordered. And we can expect that that is going to move the timeline to the left a little bit. Are we holding true on the said timeline? Or have we shifted further to the right to further delay what has already been a two-year delay in the release of the Hypertrek ERX? And we have heard nothing. We've heard nothing. Hylian supports efforts to provide tax credit. Of course they do, all right? But I'm more interested in the internal granular aspects of Hylian. And mark my words. You can go on to Hylian, excuse me, on Twitter. Like it. I've already got about 30 likes. I haven't checked it this morning. But I'm the number one question on Twitter when Hylian specifically put out that they would actually address at least one or multiple comments on that one specific thread on Twitter on their next earnings call. And I fully expect that they will ignore me just like they have done for the last two years. They have ignored all solicitations for all interviews. And a lot of people would say, well, Ryan, you screwed up. I beg to differ. I beg to differ. I've earned it. I deserve it. They should come on and do it. It's just that simple. It's just that simple. If Hylian is going to operate like they are a one or a $2 billion company, then you better start producing results that a one or a $2 billion company should be producing. And my friends, you don't need to be producing anemic revenues of one or two million right now. You need to be producing revenues in the hundreds of millions of dollars. When and if that ever happens is the expectation. Get there. Get there. You'll get no sympathy and business from me. None. None. The company came public. You've got all the opportunity. You've got all the tailwind, everything that I've ever read is so bullish on RNG, CNG right now. It is an absolute slam dunk for these guys. And I think that the only people who are going to fail at this opportunity is Hylian. Now they seem to think that their focus needs to be on executive compensation and making sure that their board of governance is still in place to be in place for what reason I have no idea. I've yet to determine that they've provided zero net benefit to Hylian to Hylian holdings up to now. Tell me I'm wrong. Tell me I'm wrong. Leave it in the thread and challenge my assessment that Elaine Chao has provided any benefit whatsoever outside of being gifted what $100,000 bonus for sitting the board. That's what most people make in a year's salary in half, as well as her gifted shares. What contribution has really been made? Has she made one single phone call on behalf of this company? I'm interested in a board of governance that actually turns out results. I come on and blah, blah, blah, blah, blah, blah, but I don't get paid to do so. I do so free of charge. These folks are being paid to produce action. And I'm waiting patiently for this board of directors, this all star board of directors, I might add to step up and do the right thing and actually start producing some results with this company. Amazon just signed a huge deal for RNG with clean energy. What does that have to do with Hylian? Well, hell, I don't know guys. You tell me, you tell me, it only fits like a round peg in a freaking hole for Hylian in that they produce a hyper truck ERX that runs on renewable natural gas. If you asked any executive at Amazon, do they know who Hylian is? Do they? Or would they say, I have no idea what you're talking about? If I went to the Peterbilt depot and asked them, have you ever heard of Hylian? This is their one OEM, mind you, right? Would they say, yeah, absolutely. We've been in business with them for many years. We're going to work with them to provide the hyper truck ERX. Now, according to Hylian, they're absolutely partners with this OEM with Peterbilt. Now, these results need to start to turn out. Now, my question as well is, how does the new potential credits for the new hyper truck ERX being turned off the line? How does that affect those initial 10 orders? Are they going to wait? Are they going to be eligible for those credits? Are we again going to have to wait? Can we turn out that with the idea that they will be back credited for that past the effective date of the mandate? $40,000 is a big deal, guys, on a 10-10 order, right? That's an awful big deal. That's a $400,000 cost savings to the bottom line. I mean, that's two hyper truck ERXs for free. So are they going to backdate these? So I think as I offer these videos from week to week, I think it speaks to my demand over Hylian to continue to provide news where it's newsworthy to be provided to share owners because unlike the institutions that just have all of the patients to just sit on their wad, we've got Vanguard at 11% ownership. We've got Cole Capital at 10%. And then one of my favorite companies, BlackRock at 9%, total ownership of the company. I mean, that right there is 20% ownership in the top three of institutional owners with this company. You know, those folks are buying them, including them into the mutual funds. They can sit on those shares as long as they need, but to advocate for those retail investors that took some of the learnings and some of the information that was provided on the onset to suggest that agility has a thousand binding trucks. And you might say, well, it's not binding, right? Yep, they changed it after they changed it on the initial investor presentation. It says that one of the major fleets has a binding order of a thousand. Is it not binding? Did they break the agreement? Does agility have any intention whatsoever of doing anything other than nothing? And that's what they've done thus far. They created a lot of churn. They created a lot of sputter and a lot of conversation on the onset. And since then, they've done nothing. They've done nothing. So, you know, from the board to the upper management to the fleets out there that suggest that they're part of the HyperTruck ERX Council, get on board. These people are providing a roadmap. Rowan and NFI, they've provided a roadmap here for initial entry into solidifying their build slots. And I don't think 10 slots is too big of a deal to ask of agility. Now, I'm going to tear that up if they come out with 10, having been able to just throw out a thousand binding order on the onset, right? Why didn't they just say that they were going to order 10,000 or 100,000 on the onset? If they had no intention of ever filling that order, why didn't they just generate that? Hell, the stock might have shot up to $1,000 as opposed to 58, right? That's the game nowadays, baby. It's the Wild West, right? We just had a stock this week come out IPO. Would it go up 7,500% for no reason whatsoever? We had Hyzon drop 40% this week out of the blue, right? Because of accounting practices in China and the company that had supposedly placed an order with Hyzon that had only been in business for three days. I didn't look at the specifics, but kind of embarrassing there. It's highly unnext. It seems that Nicola has really caught the favor of the stock market. Nicola can do no wrong. They can acquire companies. They can further their debt. They can issue 200 million more shares with no problem, doesn't bat an eye, doesn't affect the stock whatsoever. Stock goes up every single day. They have favor. They turn out a lot of volume every day. Hyzon has zero volume per day, zero. Million shares traded hands per day is nothing. Nobody's trading this stock, nobody. And I don't know who's selling their stock enough to allow for these shares to be available on the common place for companies like Alps Clean and CIBC Private to add to their positions this week. So a lot going on, man. A lot of churn. Hyzon is doing some great things. I hate to start to the video with such a negative connotation, but I tell you what, it's of interest to me to ask the question, will it pay off? Will these high levels of compensation pay off from a CEO that has done nothing but liquidate his shares? Right? Is $450,000 a year to the CFO really that necessary when the balance sheet and the books could probably be kept by somebody like myself who has a two years in college and very little accounting experience? I mean, what are we accounting for here, guys? What are we accounting for? To use her words, we're talking about revenues that are immaterial at this point. Immaterial. The navigation from going from immaterial revenues to something that actually is self-sustaining because Hyzon has a clock. And inevitably the funding that they've been provided through the SPAC process coming to public markets will inevitably dry up. Now, by their admission, they suggest that they can follow along their business plan and not have to seek out additional funding. Right. That's kind of like sitting on the airplane and they say, we're delayed by 15 minutes, full well-knowing that it's going to be a two hour delay or a flight cancellation. That's the politically correct way of saying, we'll see. And we'll see. I'm rooting for you. I'm doing the best I can again on this unreciprocated. The only people who appreciate this message that I put out every week are the very patrons of the message and mark my words, guys, you are getting a special treat because nobody looks at companies the way I do. Nobody. I've tried. Trust me. If I could just find a couple other channels out there that I could watch and relate with and say, man, this individual guy or gal is just as impassioned and touch on touches on the things that I do. Great. I would relinquish this project altogether, at least the highly on portion of it to somebody else. And we could share the burden in this, but I just don't see it. Now, again, this stock is seeking a little bit of favor here up 60% from the from the base to 68 here stocks went up to 452 at the close Friday. So 60% appreciation here to the upside. We're looking really, really good off of the base. It's provided some strength. I'm up 68% on my options. I'm holding them. I don't care. I'm looking to be up thousands of percent on those options. I'm not I'm not looking at a 60% profit is anything crazy. And we'll continue to fight that. And I'll continue to share with you guys the progress on that. Do I do I see the company going below $3 again? I don't at this point could be very, very premature and irresponsible on my part to suggest that we have seen the worst and the worst is behind us. But if you look at the stock action and where this company projected to go and where they ended up in public markets, I actually think that the stock action was actually 100% justified 100% warranted. You know, my only regret is not seeing it sooner. Not seeing that when the supply chain issues were actually announced. I think there's a lot of people out there that were like, I'm out at $7. I thought you were crazy. I really did. That was the wrong decision. I mean, taking that stop loss at seven and then rebuying the stock at, let's say $3 or even dare I say $4 here would have been a huge, huge cost savings to you and a preservation of capital because this company has done nothing, nothing. If you look at a long-term stock chart, this blip over 60% increase from its base really is not that impressive. It's not. We need a real catalyst. We need real legislation. We don't need proposals. We need real sales. We don't need projections. We need real sales. We need real amp up. We need real solidification that the supply chain issues are potentially softening up a little bit and Hylian has found these parts on IL-10 at Home Depot to wire harness the wire runs to the E-axle, I guess, on this unit that can actually last for a few years before they have to be replaced. I pick a little fun here, but this is the big leagues. And the initial acknowledgement to the supply chain issues, fair enough, acknowledged. Now Remedy is the only solution. Remedy is the only solution. Other than that, there's an ulterior motive that I'm just not seeing. You're trying to buy time. You are not ready. You truly do have the parts, but you just don't have the demand over the product. Certainly. Help us understand what is going on right now, and hopefully we are provided a little bit of color on this coming earnings call here on August, Wednesday, August 10th. So I'll be eagerly awaiting that. I catch every single earnings call from Hylian. I have since its inception. I'm intrigued by the fascinated really by where this company sits right now. And I think we'll probably look back on this time and say it was so far removed of where this company is now to reflect back on this time here at a stock price of three. I see the stock price at 40, 50, 60 bucks easy within the next five years. Easy. And I'm funny. I'll look at the company and evaluate its progress based on its inception. And I won't sell the company for no reason. I've said many times, I'll do a first look at $100. But if there's no reason to sell the stock, guys, I'm crazy. I won't sell the stock. I'll hold it indefinitely. I'll hold it. I'll work for that 10 year, 15, 20 year appreciation, which we're talking about tens of thousands of percent at that point. So to reflect back on this time right now, which I feel like is one of the greatest opportunities again for Hylian to be had. It's Hylian is the one that needs to step up and make this thing happen. Have they put together a board of governance that can make it happen? I believe that they can, but they have not yet. And I'm eagerly awaiting for those connections to be made to the industry. And oh, by the way, remind people that Hylian is a small company that could, trying to make big waves in a very, very big pond, which is the classic commercial space, guys. So I do want to address the big news of the week this week, which is the 40,000 credits. And to do so, I'm actually going to segue into a video script that I made of the original investor presentation as part of this video to kind of look at the numbers and break down the numbers in a way that will demonstrate for the viewer of this video how I think that $40,000 of potential credit on the initial cost of ownership of the HyperTruck ERX is going to affect the total cost of ownership over time. It's not necessarily about just the $40,000. And I tell you what, at about a little over $110,000, $100,000 or so of additional software, hardware, and machinery that needs to go into the HyperTruck ERX, that's basically the cost of the unit when compared to the diesel unit, which is about 100, what are we talking about $130,000 of the initial upfront cost, only to be subject to about $300,000 of fuel cost. Now that figure has probably gone up 25% least since that investor presentation was turned out because cost of diesel was significantly less than it is significantly more now. So that total cost of ownership has only gotten worse on the diesel side of it. Now mind you, it's gotten worse on the compressed natural gas side of the house. But relatively speaking, the ratio of fuel to the diesel equivalent gallon of fuel still maintains that CNG and RNG is a far superior product and it moves us away from that diesel dominated future for us trying to move away from fossil fuels. So I'm going to drop you guys into that presentation at this point and we're going to go over just a quick lesson on how I think the numbers shake out on what this proposal for fleets could mean for the 40,000 tax credit. So I'm going to kick you in there now and we'll kick you back in just a bit. So welcome to everybody into the original investor presentation. This was the highly on a tortoise acquisition presentation. This is just the one slide deck we're going to be working off of. This was the investor presentation heard around the world. I still go back to this and review some of the information and projections that were made. Some of its come to fruition. Some of it has accelerated along their timeframe and other milestones have not been met. And that's to be expected with a new company that's come public and been public now for a couple of years anyway. But some of the latest additions or developments in legislation that has come through the pike has affected this 220,000 initial onset cost here, which is about 100,000, 110,000 dollars difference, 90,000, 100,000, whatever that is, about 90 grand of cost when compared to the diesel equivalent here in a cross comparison between these two and what this could potentially mean for the company. I think as we look to cross compare these, I want to note here that at the time of filming this video, diesels around $4.25 a gallon. This at the time was assuming a diesel cost of around $3 per gallon. So an increase there, huge increase in the cost of diesel over the time that this was placed and what I'm filming. But for demonstration purposes here, this will absolutely prove the point that I'm trying to make here in what this new legislation or proposed legislation for the $40,000 tax credit, which the hyper truck ERX will actually be eligible to enjoy that $40,000 on the onset is going to come right off of this 220 on the initial onset. Now this could have been a pain point for the industry. And what I mean by that is diesel on the onset run about 132,600. Now if there's revisions to that figure since this was originally projected back in 2020, I'm open to hearing those suggestions through natural just inflationary pressures and the increased cost of goods. I would imagine that that cost of diesel compared to 2020 is probably up a significant amount, probably $150,000, $160,000, maybe more on the initial onset cost, but then only to be subject to fuel cost. And this is a real alarming statistic here, $300,000 over the total cost of ownership, projection timeframe, which is around seven years is what they used in this example, $300,000 of fuel cost, whereas if you cross compare the amount of cost that is expected to be garnered from renewable natural gas placed in the hyper truck ERX, it's about one third of the total fuel cost over time. So the significant fuel reduction is enormous and it's really undisputable when you're talking about becoming a less reliant on a diesel dominated past and putting your investment into something that is much more sustainable. It's available through existing infrastructure, and it is better for the environment. So kind of meets all fronts of the initiative here. But the $40,000 tax credit is here, because if you pay close attention, the initial cost of ownership is fairly low. And it's not until you run the unit for that seven years that you incur this cost of ownership, which drives this bottom lineup to $431,850. The same token here, the initial cost is actually more than the diesel unit. But as you operate the unit more, that's where the cost savings really starts to drive down your total cost of ownership over the long run, where you get the cost savings in the fuel, expected fuel cost over that seven year period, but also a net increase in the amount of payload that can be carried by the unit having more horsepower and more torque than the diesel counterpart here, which drives this total cost or TCO figure to the fleets at around $279,776. Now that's without the tax incentive that is figuring in the $35,000 of extra payload that could be potentially hauled over that time period for a total cost savings of 35%. And I've always suggested that Hylian can stand on its own with its numbers. It makes sense all the way around the edges, even at the fringes. This just makes sense. This is not redesigning the entire truck, but I want to bring your attention to a couple of things. First of all, this 35 is a net positive over the total cost of ownership of the truck. When you look at the comparison between their competition, both Nikola and Tesla, this is a net negative. In other words, this means that $52,500 of lost potential payload that could have been otherwise shipped is going to be lost for opting for the fuel cell vehicle, the hydrogen fuel cell. Comparatively, the Tesla will lose $140,000 on the full electric vehicle of potential payload that could have been transported that was lost due to what I would presume to be extra battery weight from these units that cannot travel as far, have and are subject to downtime due to charging, whereas the hyper truck is not. Their fueling times are comparable to those of what would be incurred from a diesel unit itself. So it's not necessarily the ability of the hyper truck to turn back this $35,000, which over seven years is really not that impressive. The impressive piece is to understand that it is positive, irrespective of anything else other than when you compare it to their competition, who's actually losing money on the payload side of the house. So the cross comparison really is the key here in understanding that even on a standalone, as projected in 2020, the hyper truck YRX-FAR outweighs the cost of total ownership here of a Nikola product and a Tesla product here when compared to the hyper truck, when you add that $40,000 of incentive and actually relieves the $100,000 or so thousand dollars of initial investment made into the technology, it actually relieves that by about 40% and brings this $220,000 down to about $180,000, which is incredible. That puts it almost in line with what a new diesel truck would actually call for with a little bit of a premium placed on the technology and then to be realized realizing this fuel savings right up front really does take a huge amount of weight off of these fleets that are having to make the initial leap of faith into a new technology really does help shoulder some of the burden of that initial cost by $40,000 and you might be thinking okay well what does that mean for the bottom line? What it means is if you lower this to $180,000 and take the same projections for fuel and payload this actually boosts this cost savings of TCO from 35% to 44% over the life of the truck. If you could save almost half of your total cost of ownership per unit by stepping into a hyper truck ERX as opposed to remaining with the diesel application here which has historically been proven to be the most reliable method of transporting our goods from point A to point B, this is staggering when you look at what that $40,000 per unit incentive actually provides on the upfront cost of the unit itself and how that renders itself over time. It's not necessarily about the $40,000, it's about the initial buffering of the initial upfront cost and gets fleets into the unit that much more cheaper to realize this bottom line benefit of payload and fuel savings over the total cost of the life and ownership of that unit which is absolutely incredible and so I wanted to bring you guys in here and really show you how I thought that it affected the numbers and this bottom line total cost of ownership piece. I thought that it was the most prudent in explaining what I felt like would best explain the real impact of that $40,000 proposed tax incentive or tax credit to this initial upfront cost to enter into this unit. So with that guys we'll kick you back and we'll continue the video. All right guys so we're back and that is a great way of kind of demonstrating for you guys what I think the impact to the bottom line will be cost savings on multiple fronts and I think as I was able to explain and this it's not necessarily highly on being able to stand on its own. I've always suggested that highly on could stand on its own with the numbers but man alive it would be huge to get some incentive help and just over the last month this might be the reason why the stock's up 60% from its base very well it may be and just justifiably so when you're talking about a $1 fuel credit for RNG and CNG in any capacity doesn't have to be 100% RNG it can be equivalent to an amount for the amounts not only sold but consumed as well as the $40,000 tax credit. I sit back as a fan I'm a share owner I'll be a share owner tomorrow I'll be a share owner next year it's just that simple because the progress being made on this front is irrefutable and the talking heads that would suggest perhaps maybe that highly on was not a good idea a year ago where are those people now? Where are the analysts coming covering this company? Where is Stephen Fisher? Where are these guys that were so quick to downgrade the company to $4? Wake up it's above $4 and it's approaching five any time you want to revise your bullshit price target please do so. I had a comment come through last time to suggest that maybe by the numbers the price target of $4 is actually justified I agree with you in theory that is why I come out with these videos for the sheer disconnect of what I see on this opportunity and what the analysts are bound to see with a caveat and that caveat being driving down what they know and what I see and what these institutions see in their stock purchases an opportunity of a lifetime it's in their best interest to drive it down what incentive do they have to raise their price target as quick as they work to downgrade the company what incentive do they have to quickly upgrade the company based on the news that has come through and the binding orders that have come through not one single iota of movement why do you think that is? It's because it is a strategic hit job just like I've always suggested throughout the history of watching this company get driven down have an enormous short interest on it since coming public it's been absolutely annihilated Hylian didn't do a very good job of defending their position on the initial onset they didn't they didn't know what what was happening right and guys like myself were trying to come on and share them the story on where I knew that it would inevitably go no matter what happened in the short term with the stock but where are these analysts where are they where's cantor that had a $17 price target pretty close to mine 24 which still holds if we end 2022 at $12 to $14 perhaps maybe we ended the date hell we probably will this company has succumbed to so much damage I think any increase in the stock is probably going to be temptation for a lot of people to just exit the name prematurely and those shares will be turned over to institutional investors that will sit on the name for two or three more years and make hundreds and hundreds and maybe even thousands of percent of return because retail investors continue to fall victim to this habitual and I do mean habitual cycle of companies that come on that have a great great story and great potential and will end up making it it's just that the company does the stock market does not see it that way in the short term people panic out of the company and they're gone so what I discussed in this is the 40 000 which is almost 40 37 38 percent of the initial onset cost for the technology they're getting it f and free they're getting it free that's incredible I want to go buy a fleet of hyper truck ERX's for crying out loud if I was a few million dollars two or three million dollars hell if I make two or three million dollars I might I might enter into the damn trucking business I might chartier trucking my god I'm an independent trucking huh let's pool together some independent money or some independently made money on highly on holdings start our own trucking company what I want to see this company do is to set up off the grid hubs that's what I want to see because the craziness right now going on with suburban America and the high cost of real estate being subject to the grid subject to high property taxes it would be nothing short of brilliant if highly on could come off with an off the grid generating system with DC electric and converters that can actually power both AC and DC systems for an off the grid application and supplement any of the foreseeable loads that a household could demand over that and and be powered by either solar or natural gas or hydrogen fuel cell amazing amazing stuff even powered by diesel for crying out loud if it's being powered by by diesel I could care less as long as I'm off the grid made possible by the highly on system I call it the off the grid package you know I'd be a buyer of that and I tell you what I know people that would actually hook that up and actually be able to demonstrate as a household that was completely free of the grid you don't think that there's people out there that are interested in that oh you're crazy Ryan yeah what's new I'm crazy yep most people want to fall in line like Hindu cows they want to become sheep and just and just may their entire life because they're stuck to the grid of electrical prices stuck to the grid of high fuel costs and stuck to the and being subject to what is just a continual increase from governments who cannot take enough money from regular people the taxes are never ever going to go down never they're going to continually go up why because people do not have the sense enough to throw the red flag right so it's going to be companies like highly on that allow people to set themselves free move to the BFE Wyoming Wyoming is increasing in population right now it's the lowest populated state right now in the U.S. and it's one of the highest growing it's number 15 on the list for growing states in this country of people who are fed up with it they're like to hell with it I'm moving to you know the back woods of Montana or dare I say I'm moving to Alaska I'm out of here I'm off the grid baby right so before these companies in the class 8 space are willing to commit new dollars to new technology and I actually speculate that these companies are willing to change now without the incentive how much more lucrative is it going to be with a $40,000 incentive now what does it mean for the stock I have not bought the stock in two three months not since the last time I bought it on the dot I think 265 was my entry for those three dollar strike leaps that was the last time I bought a block of options I've not bought the stock outright for a long long time and I will not I will not buy at these levels not with the volatility that it is proven to reach certain levels and and really digress I will buy it on a dip I'm not going to buy it on a on an aggressive upswing in the stock I will not do that however I will be monitoring it if it goes down into the three and a quarter range I will be purchasing more stock I will not be buying aggressively here I'm good with my position I'll continue to sit on them as my option strike continued to be met I'm almost back to black in back in the black excuse me on my five dollar strikes that I bought many many years a year and a half ago I've held them this entire time why I have the option to 2024 that's what I bought the option if you understand what your obligation is you just sit on it and my bet was that I believed that it would be above five dollars before 2024 January of 2024 will it will it happen hell I don't know that's my bet that's my bet we'll see that management team that I give a nice swift kick in the backside to make some phone calls and make this stuff happen I would be hard pressed to understand if Hylian had anything to do with regard to the influence in the new legislation that was just proposed in in in congress with the move to a more a little bit more to fight climate change I don't know what they did I hope they did I hope Andrew Card is making those calls that's what he was put on the board of directors for and I hope he's working diligently to make this happen because I I press very very hard I speak for a retail community that's just been absolutely obliterated by this company is it possible to invest in a company and just see it actually come to fruition is it exciting enough to actually invest in a company that has all the potential in the world but will be subject to a stock market that does not allow and only stifles new technology to the point where they cannot financially succeed until they're acquired by one of the many one of the few big companies out there to just absorb this new technology and turn it back to the marketplace is it new motivation for new businesses and new technology to come to the forefront when the success ratio is like one percent you know I mean is is it possible for guys like myself who've been doing stock market investing to look at a company like this and yes it'll time it yes but look at a company that has all the pedigree all the pedigree to make it and I hope highly on believes that they can make it I hope that they do I hope that they're excited with this opportunity and these are some of the intangibles that I look at from the CEO to say is this guy excited to share his message in interviews is he excited to share the pulse of the inner workings of highly on from a day to day perspective and I sit and I monitor it very very closely and I'm a pretty good judge of character and I would suggest that Thomas has never shown up to an interview and not been very genuinely excited about sharing the story of highly on and and I want that to continue I really do I think he's a very very sharp guy I want this guy to have the opportunity to run this company with some clout with some clout he doesn't have it right now the stock is trading at five dollars a share okay you're not a clout company when you're a penny company but when you're a two three four five ten billion dollar company you got clout baby when you've got collaboration from Cummins who owns Meritor who surprised who supplies not only your generator but your axle you got clout baby all right when you've got the ability to pick up the phone call and not have to introduce yourself every time because people know who you are that's clout baby right and there's no better person that I could suggest to take the helm on this deal is then then then the CEO Thomas Haley I think he's done a fabulous job up to this point the stock has been absolutely terrible but the company the company has done what they've needed to do up to this point and it's going to be exciting times going forward here with catching some of the momentum some of the movement initiatives that I've just been able to pick up on just this week 17 states will go full electrification on their fleets 30 percent of their fleets by 2030 inevitably we're going to be there okay where Haley on is from the next eight years from 2022 to that end what type of initiatives and mandates will be turned out from Congress to make sure that these companies are able to be provided a little bit of incentive to bridge themselves from being so dependent on diesel the number one producer of compressed natural gas in the world right now is the United States of America right so pursuing that and makes total sense I want to continue to see institutional investors continue to accumulate shares that's going to be nothing but bullish and I would charge internal ownership if they were willing to buy shares nobody bought shares in the fives nobody bought them in the fours nobody bought them in the threes and nobody bought them in the twos I did and I'm profiting for it now I'm sorry to Patrick Sexton for losing out on 82,000 but not really not really he made a choice to liquidate the shares at a time when probably the company was about as ill prepared to accept such a large liquidation of shares by such a a pivotal person who had been there since the beginning of the company right it was his choice to do so now the man still owns 328,000 shares of the company so he's not hurting but when an insider like that in the CTO position the chief technical officer sells that stock like that it does have negative ramifications for the stock not positive negative and people will say that you know it's okay and try to coin it in a box get the f out of my face with that you have an insider who's a top level guy that sells the stock and that's the only stock sale on the ledger from 2022 guys does that not tell you a little bit okay I only share these things for transparency I'm not trying to dog the stock I'm not trying to downplay or down talk highly on these are the facts these are the facts and they are publicly discernible facts what does that say about the company the last stock sale from the CEO himself the one that I said is the most eligible to take this company into the future was an enormous stock sale in November of 2021 is he done selling stock how about accumulating since shares right here sherry baker acquired some shares in the six dollar range right there was some massive liquidations from one of the other individuals I don't recall who it is I don't back in the seven dollar range huge liquidations at seven dollars what does that say to share owners when you come on and you talk about how bright the future is for highly on how bright the future is for r and g and c and g how bright the future is to take this business plan and integrate with the current class 8 marketplace when you have insiders with the company liquidating shares right and left and there's been no share accumulation whatsoever over the last couple of months and over the last couple of months the shares are up 68 percent 68 percent okay I'd like to see a little bit more action on behalf of the insiders take some of that fat ass salary that you have buy some shares and highly on I make $50,000 every single year your little independent investor channel that could who puts out free advertisement for your company and is calling you to the carpet and saying that perhaps maybe you can segue a few of those dollars and buy a thousand shares I don't know buy a thousand shares 4500 hell if you guys are suffering and not being able to put food on the table contact me directly you can DM me let me know say Ryan I'd like to take you up on that offer I'll just buy you the damn shares yourself okay because I'm not a cheapskate all right I see the value in this company I've been able to accumulate a share price and a share position in the company that is absolutely respectable it's a millionaire maker and we'll get there but I would highly encourage you to take this journey with us you're paid to do a job is that what it is for you is just a job Sherry Baker when she first got hired on with the company talked about how exciting it was to be with this company does she share in the same level of excitement now than she did on the onset when she took the job I know you're down on those shares Sherry I get it buy some more right here buy some more make your own independent decision to spark some internal buying into the company why not you're at liberty do that just like you're at liberty to sell and so far on the ledger there's been nothing but cells by insider from the very people that we advocate for in leading this company into a cleaner future and a cleaner fleet for tomorrow's world and looking to really attack this global warming crisis that we have right now if you don't think that it's real go outside right now there's places around the earth that are suffering from heat that has never been incurred before and that's only going to be exacerbated until we take a real step in this right direction and start to integrate some of this technology that it's right there for the taking and highly on holdings is right there at the forefront deliver on that promise for a cleaner tomorrow guys thank you so much for tuning into the message hope you appreciate this spirited weekly update on highly on holdings do your own due diligence do your own research take a look at highly on take a look at that last investor call from May 22 it was interesting it's what sparked my interest about all of the executive and high-level board member compensation with the company i hope it's worth it i was always cut from a cloth to earn your money to work hard and earn your money i would suggest and charge highly on with doing just that get to work there's a lot to work to be done the opportunity is right there the momentum and the vision is there to be had but you have to work like it's there is a sense of urgency and competition is going to be right around the corner keep that first mover advantage do not become complacent on this opportunity or you're going to get eaten alive because sitting at five dollars a share right now this company is very very vulnerable and we need to get to work now in starting to put shareholders at ease in knowing that this company can actually be self-sufficient for many many years into the future guys leave your comments at the bottom if you think i've missed something if you disagree with me and the compensation package of the executives i'm sure there will be people who hate on me and suggest that they need to make millions while shareholders suffer i beg to differ i beg to differ remember who i'm looking to advocate for you i'm looking to advocate for you okay i'm one of them i'm with you on this journey i am and to point out these items that are publicly discernible in the open marketplace from news feeds that come through on highly on holdings we talk about them we draft an opinion on them and hopefully we can draw a direction on where this company could potentially go into the future guys if you appreciate the content coming through i'd invite you to subscribe to the channel hit the notification bell share the message with social media platforms anybody out there that you know likes highly for the future bring them on to the channel i do this very consistently every single week on the channel put through our highly on update i hope you guys enjoyed the video and thanks for staying with me through the totality of the message and good luck in your investment future