 Welcome, everybody, back to the Independent Investor Channel. Ryan here on a highly on video for the week of January 12th here, 13th. Actually, it's Friday. We're releasing this video a little bit late this week, and that's totally fine. Really has nothing to do with my desire to continue to put this product out every week. It's just that I haven't been able to find the time and the schedule I've been engaged in other projects and very interesting stuff. But as we kick off 2023, there's a renewed sense of enthusiasm around the stock market, understanding perhaps maybe that the, you know, the effects of inflation and the effects of rising interest rates, perhaps maybe in some capacity have been baked into the stock market, and perhaps maybe there's a potential for some of the damage, if not the most of the damage to have already been incurred in 2022. It's an idea that I resonate with and I have shared. I thought when the Dow and the S&P were at its lows just after right during the summer of 2022, I thought that could potentially have been a low. I've watched this transpire before. I watched it transpire during the pandemic lows where every talking head that knew everything about the stock market got it wrong, every one of them. Nobody ever comes on it admits to being wrong. I just so happen to be one of those guys that called for a V recovery and I was absolutely 100% correct and I profited from it. I was buying the market on March 18th of 2020. I just was. Um, I don't believe that there's any special instinct that I have other than paying attention and buying at a point where I feel like the fear is the most rampant coming into 2023. I don't believe that that fear is as rampant as it was in the summer of 2022. I do not. Um, will we test those lows? I don't know. Most of the talking heads believe that we will. They believe that it's going to be an earnings driven recession and that somehow 2023 is going to be the year in which that recession is realized and is bracketed. No problem. Um, I typically contend that people will probably be better off in their lives if they could just consume that content for entertainment purposes only. Um, and that's the information that you want to just leave at that. Okay. Um, make decisions for yourself that makes sense for yourself. Uh, and not decisions that are being put out there by others in way of influence. Um, or, or in an attempt to generate hype, I get blamed for being a hype machine on highly on, um, when in all actuality, um, I'm a stock owner in this company and I could care less whether or not you are or not. Um, I could care less. Um, I'm engaged in this project. And so far as, um, it feels good to be a highly on stock owner. It feels good. Um, what highly on is looking to do, uh, in their mission statement in revolutionizing and electrifying the powertrains of our class eight fleet is a noble one. Um, it is, um, uh, a novel perspective in the way that they're going about doing it. Um, but it is not, uh, scientifically advanced. The, the, the concept, um, of, of bringing the power with you via generator, um, is exactly what boats have done for years and years and years, um, that have, you know, systems, uh, 12s and 24s and one 10s on the boats, um, and they bring the appropriate size generator they need for the consumers of those loads. This trucking idea is, is the same. Now it is novel in the perspective that they are, um, introducing to this, to the class eight space. And I, I'm not sure if this is a, an idea that has been thrown around discussed, um, and has been decided to not deploy or if highly on just so happened to be that company within the last decade, um, to really make the most advance, uh, in this, uh, in this idea that we don't have to go the Bev route and, and, and charge the unit as we do, um, a battery operated toy, you know, um, this idea somehow that we have to be reliant upon a grid that is non-existent now, um, instead breaking away from that idea and bringing, uh, the actual generator with you. I think it's a fantastic idea. Um, some may not consider it novel in that regard, uh, and I would be open to those, uh, those, those scrutiny's of the company in that, um, I've heard some scrutiny of over high on it. Highly on is that they're a, they're a bolt on company. I think that's an escape from thinking. Uh, and I think it's a failed acknowledgement to all of the progress that they have made on many, many fronts. And I think it's a very, very shallow criticism of a company. Um, when, when neither of those critics, um, nor really in all fairness myself, uh, can really speak to the complexities that, uh, exist in bringing, um, a new idea to this class eight space that has been well-defined, uh, over the last, uh, multiple decades. In a way that has been deemed efficient, uh, and reliable, um, you know, so you wonder why fleets are potentially reluctant to change, uh, if that's fair, um, it's just, it's, it's to be expected because before they're going to opt for a new technology, they have to understand that that technology can meet the rigor to the demands, uh, that they're putting over, uh, that technology. Um, in other words, the bottom line is all that matters. The bottom line is all that matters. Okay. But on paper, if the bottom line TCO benefit is there and the unit that they're putting to drive that TCO benefit cannot perform efficiently and reliably, um, then it will fail to, to, to penetrate this market. It is that defined and it is that important to what it is that we do in moving our goods across this country, uh, and also across the bro, uh, globe in the grander transportation nexus, but I was able to rewatch the ACT interview. I thought that was a real highlight from 2022. I thought it was summed up fantastic. I thought the Wall Street engineer, uh, here recently has probably provided one of the best pieces of highly on content, hands down, um, that I have just, uh, had the pleasure of reviewing. Um, his name is Ronnie. The channels Wall Street engineer, um, he's in and out of his project a lot, um, not by nature of, of anything other than the fact that he is indisposed in other lines of professional work, but it is a real treat when Ronnie comes back to the channel. If you're unfamiliar with the channel, big shot out to Ronnie and the work that he's done in highly on. It's something that I appreciate big time. Um, the guy's got a bigger brain than I do. So he can extrapolate data in a way that most human beings can't. Um, he's got that AI and hopefully he gets a kick out of this and takes it from me as a huge compliment and a real service to not trying to say, Hey, look, highly on is better than Tesla. I don't think that was really his intent. I think he gave proper credence to, you know, Elon Musk and the, and the technological advancements, but I think all of these companies, they deserve some level of recognition and what they're trying to do. Um, I'm quick to say that certain companies just are really missing the mark on, on certain categories. And I contend, uh, that Tesla is not immune from that scrutiny. I think Tesla get up, gets a pass a lot of the time. Um, I think in some capacities, it seems like Nicola gets a pass. Although, uh, as of late, it seems like there has been some real light that's been shed on the Nicola story, uh, and some real criticisms on whether or not it's going to unfold the way that it was expected to unfold, uh, in way of the expected mark they were supposed to make on the class eight space. Uh, I think some of these companies are going to, uh, find out quickly, uh, that they're not going to be able to compete in the long haul class eight space. I think short haul is going to have its place. And I think it's going to actually be the sweet spot, uh, for the Bev application. I really do. I think it's going to be the sweet spot and the proving ground for hydrogen fuel cell as well. As these strategic opportunities for fueling stations are identified along those routes where it makes sense, uh, then we can start to introduce the idea of, of hydrogen fuel cell being more of a viable product in moving our goods. So I take a step back and we look at all the technologies across the board. And I think Ronnie did a fantastic job of breaking down his strategic points of emphasis in, in way of the great separation between ILEON and Tesla specifically. Um, and so if you didn't catch that content, please catch it. Uh, he does a wonderful, wonderful job. Always want to try to bring people in to the community that are interested in the story and try to share those opportunities of, of, uh, of content. I know, uh, you know, Dexter just put a nice video here. It was nice to hear from Dexter, uh, with DriveMix game, um, explaining kind of where he is and what he's doing. And, uh, uh, he's, he's one of those cool guys, man. He's, he's like one of those most interesting guys out there, um, you know, one day he'll be in Dom Rep. The next day he'll be over here in Texas. The next day he'll be, uh, right now in Virginia where, where I guess his home is. And that was kind of cool to, for him to share those insights, because people really buy into those stories way too much. They, they really get enthralled by what people are telling them. And then they presume all these things when, you know, a channel creator like Dexter takes a break for very good reason. He explained it very quickly on a two minute video, but I think each and every one of you guys with regard to your highly on position, if indeed you do have one, um, it has to mean something to you. It cannot mean a lot to me. And you, and, and you just expect to somehow borrow my enthusiasm for, for, for why it is that I derive the conviction that I do on this holding. Okay. And some of the things that really, really helped me in, in understanding is, is understanding that this is by far, um, uh, a, a position that is long in nature, and one that supplements a very diverse portfolio across the board. I have 20 accounts, uh, each of which have a different strategy. Um, highly on is my largest holding per dollar amount and per share, uh, currently, uh, as a single stock, but I do have some really big positions, bigger positions in the indexes for sure. Which kind of help justify looking at this perspective from a holistic perspective and understanding that highly on just is what it is. It fits that niche. Okay. So when we want to discuss the highly on holding and what it could potentially mean and what it has meant holding the stock thus far, which has been really, really difficult. Um, you know, I, I'm entering into, um, or have been in a phase of complete and utter disappointment in the outreach from high hand holdings. It has been absolutely atrocious. It has been absolutely incredible how this company with a 30% movement in the stock for no reason. Okay. There's been no reason for the movement to the stock. If it's trading action, if it's, you know, the expiry of options, or if it's the relief of short selling, or if it's the relief of, of, of tax loss, or I don't know, I don't know. Um, but this 30% run that we've had here year to date means nothing to me. I mean, absolutely nothing. I look at it from a little more critical perspective in that, you know, they don't get a pass now because the stock hasn't enjoyed a couple of days of success. Okay. Now, if you go in the Yahoo thread with which I, I contend is probably one of the darkest, deepest cesspools on social media. Um, you can see the lowliest of lowly of, of human life in there. Um, so if you do want to rub shoulders with some mud people, um, please kick into the Yahoo thread. Uh, you'll be less of a person after you leave, uh, for rubbing shoulders with the complete and utter moronic pieces of garbage, um, that dwell in the cesspool of the Yahoo thread because everything that they say, it's like you have the human intelligence here. They're somewhere down here in the evolutionary chain, uh, in between a pigeon and a snake. Okay. Um, the there's no rational thought. There's absolute malicious intent behind that. Um, and so that's a place that, um, I would, I would suggest that, uh, you don't spend any time in. There's no, nothing valuable there anymore. It's really too bad. Um, it's been a, a place where, again, these, um, absolute pieces of garbage, uh, for human existence go to make themselves feel good because they can yell into this echo chamber, uh, and the few other cesspool people say they all like to hang out together, um, and, and, and engage in, uh, the banter of group think, um, even though none of it makes any sense whatsoever from a cognitive perspective. Um, and so it runs anybody off who actually wants to have or pick up good information because it's all conjecture, all of it, all of it. It's all based on opinion and conjecture. Okay. If you do want to check out a good drop point of information, I invite everybody to the highly on discord group. Um, that is a fantastic way of seeking, um, interesting information. Um, contrary points of view, yes, are welcome. Um, however, it's a bias to bull because the consensus around this company, even though what has been quantified over the last couple, two, three years as all bad in the stock action, um, still contend that this opportunity has its best days in front of them. And so if you are interested in engaging in that line of thinking and the transform the transformation that is happening in the class eight space and many other spaces right now guys, this isn't just a movement that affects class eight trucking. Um, class eight trucking is the number one contributor to pollution. So it does beg the urgency in trying to address this problem within the class eight space. Um, but certainly to kick over to the discord group and check that out. There's a few facebook groups as well that are available to you. Um, I'd encourage you to join those and, um, and seek out your information as you will. Uh, avoid the ones that I caution you, you're not going to get any benefit from, uh, and and join those opportunities, uh, and the few content creators like myself who are trying to, uh, generate some churn over the company. Um, I will be discussing the word hype, uh, over the coming, uh, weeks on the channel and understanding that, um, hype is only generated from malicious intent and I do nothing but share transparency on my current position and some people will say, well, I do videos because I'm down in the company. I've been doing this a long, long time. Um, if you, if you doubt my tolerance to stock market investing, perhaps maybe you're making that criticism based on what it is that you would do or you, how you would react. Okay. Nobody knows me. I come on to share what I feel like is the true story going on and you're not going to get that from CNBC. You're not. I saw an argument today on CNBC. It was fantastic. One thinks that we're in a bull phase of the stock market and the other things were absolutely in a contraction phase and nobody actually knew what it is that, um, was actually going to happen with the market. They just get on and they banter back and forth. The truth of the matter is nobody really knows but what good does that do people who are seeking out good information on, uh, companies that we cover, stories that we cover, um, where potentially the trajectory of a prospective company is going. There are certain things that Hylian needs to get right. And, um, this outreach, I, I'm speechless. Um, I don't know what to say anymore. I don't know if they have the best kept secret or if they are utterly embarrassed and have absolutely nothing to share. I have no idea. If I could just define to you guys the extreme spectrums on what I'm reviewing, um, that is the wide spectrum that I have. Um, I am a large share owner in the company and I have no idea what my company is doing because they fail. I mean, absolutely fail to share information with the general populace. And I don't know if it's by, by nature of their, uh, their, their decision to do that. I don't know if this was just a blatant decision to just sever all social media and outreach and news releases and I, I don't know if they've fired the entire department. I don't know if they've sent them all on hiatus for the entire winter. I have no idea. I just do not know. I, I just don't know and I'm extremely disappointed in, um, the lack of, of, of, uh, transparency with this company, especially with while you have momentum in the stock market, um, starting off 2023 in a year that I consider should be a transformational year with Hylian to come in 13 days into the new, um, the new year and have absolutely nothing on the forefront is just unacceptable in my opinion. And that is just my opinion. Um, I feel like I'm right. I wouldn't offer it without it. Um, that is the deepest level of my insights and, and charge and constructive criticism to this company. I cannot believe the quality of information that is coming through Twitter irrespective of Hylian's lack of transparency from Andreas Rekouskas and Silent Alert. Those two cats are doing a phenomenal job. They deserve a specific shot out from the independent investor channel. Gentlemen, thank you. I really, really appreciate that because without your renewed sense of, of sharing information that you're finding, finding on the open source that evidently the Hylian team can't find, uh, by using open source information, uh, which is somewhat concerning. I, it's, it's embarrassing, but from a stock owner perspective, it's, it's, it's quite concerning that over the last 13 days this company has either chosen to be silent for either good or bad reasons. I have no idea. I could presume that they're being closed lit because they have a huge announcement to make coming up, right? So it just, it just begs the question, what is going on? Uh, and it, um, is incredibly important for us as a, a community to stick together, uh, to continue to churn out that information as it becomes available, uh, to the grander community and, and live to fight another day. Who knows? Maybe they're just going to blow open the doors here and announce some absolutely enormous, um, uh, order that they've been working on with, with who knows I have no idea, but the order book has gone very, very dry. Um, reservations should be a piece of cake. Reservations are not binding. Reservations, they should have 10,000 reservations at this point. And you might say, oh, Ryan, you're being unrealistic. Okay. Well, they should have 5,000 then. Uh, let me be fair. Um, they could have 25,000. A non-binding order, uh, or reservation should be very, very simple to just put somebody's interest down on paper and consider their fleet and pledge to 100 or 250 or 500 reservations for the hyper truck YLX. That should be easy slam dunk. Uh, evidently it's not. Or the timing is off. Um, and this company is, is failing in their ability to, um, to, to garner new reservation interest. Uh, or are they? I, I just don't know. I just don't know. So starting off 2023, um, as we move out of the, and close the chapter on a dismal 2022, it just did not let up all the way to the end. It was an absolutely horrible year. It was horrible. Uh, we started off well. Uh, we, we really have, we've caught some momentum in the market. And I think that 2023, what I always earmarked as kind of a transformational year is going to involve the first half of the year being a lot of the same of what we have incurred. Um, I just don't see a whole lot changing for the first of this year. Now, as we step into the latter half of, of, of this year, I would expect that a few things that could occur in the first part of this year, winter, validation, completing, uh, at the beginning of this year, uh, carb and NITSA certification, uh, to get that out of the way would be huge. Uh, and a continued, uh, uh, right against the backlog of orders and reservations. Now if we move out of the first part of this year and we continue along this dry spell of no orders and no reservations, uh, it's going to be, um, very, very difficult for this company to remain, um, anywhere in a respective category. And if they're not careful, they're going to slip into oblivion. Uh, and what I feel like is already a proven story, going 13 days on a company that's supposed to be valued at, at close to $450 million, uh, is, um, is unexplainable and it is, uh, unexcusable in my mind. It's unexcusable because I think this company is right at the verge of flirting with oblivion. I do. I think, and if they're not careful and they don't use momentum to try to gain a little bit of accelerated attention, just bring a little bit of attention to the company. Nobody knows about this company. That's the interesting part to me. Um, and I think it would help solidify what it is that we're marching toward. And I, I, I just don't know if it was a, um, a conscious decision. I don't know if it was a frustration with, um, uh, sharing social media and the backlash that came from it. I have no idea. Um, but I certainly, from my chair, question the decisions on what's going on. And, uh, I, I, I sometimes sit back and say, well, they must know what's good for them, uh, because whatever decisions that they're making, uh, ultimately they will need to render itself to success. This company has no excuses. Uh, it's been given all the funding in the world to, to, to see this product through after two and a half years of dragging shareholders through what has been a horrible experience. It's been absolutely horrible. And I hope the board of directors hears this. I hope upper management hears this because I give highly on an A plus in building the board. Uh, Jay Craig just, uh, was appointed to the board here. Uh, highly on gets an A plus at building boards to turn back what value. I, I, I have no idea. I have no idea what value the board of directors brings to the table under the, uh, uh, brings to the table, uh, in this company's early inception, because what this company needs right now, uh, the board of directors cannot offer. I can't offer strategic direction to a company that's burning through capital as quickly as highly on is. So I question the motives behind the only news release since the Christmas tree was delivered. Um, the Jay Craig has, has joined the board, but hey, who am I? I don't run the company. I'm just a shareholder. Well, but I tell you what, I'd make a hell of a Nelson Peltz. That's for sure. Because sometimes people get comfortable with the circles that they associate themselves with. And I think sometimes individuals have more of an opportunity to see when things are going awry, uh, then a circle of people who are all in a circle of comfort and they all feel like, um, perhaps maybe things aren't going so well, but as a consensus group, they have to buy into this idea that everything is okay and nobody wants to say anything. You ever go into a business meeting and you leave and you feel stupider because you have a bunch of people sitting around the table and they're all speaking plain English like the way I'm explaining plain English to you now. But none of them are actually saying anything useful. Nobody are actually able to say things that actually advance the dialogue along or challenge the strategic direction of the company or align consensus with strategic directives that actually work. See this company has no way of quantifying the work that's being put in right now on the strategic directions because there is nothing really that tangible, uh, that, that, that can be, uh, that can be felt. It can't be. Okay. What do we weigh the strategic results against every single quarter? Well, we've burned 135 million dollars of cash per year divided by four, about 27 and a half million dollars is burned 30 30 million 30 million plus with the car now now bringing on board. That is the metric right now fundamentally, um, that is, uh, being scrutinized. We don't have sales. We don't have sales. We have sales enough to pay Thomas Healey salary for a year. And that's it. That's it. We don't have any opportunity to evaluate the margins because there are none. We have no ability to project sales because there are none. We have no ability to anticipate future sales potential because there are none. We have no way of extrapolating what the industry desire or need is outside these few small companies, major players aren't coming on board with the highly unopportunity, right? And these are things that I think we need to monitor in the back half of this year to see any of that interest that may introduce itself as a catalyst. I will say this highly on up to this point has released a ton of information that you would have had zero way of expecting or anticipating that that information would have been disclosed and used it as a decision point to invest or not invest in the company. What I mean by that is if you take the entire opportunity that highly on has to offer and you invest in the company, you can be rest assured that going forward this company is probably going to incur some level of momentum within the space. Some level of catalyst, some level of renewed acceleration in the stock. I don't know if this current acceleration this year is based on news, is based on finalization of certain projects that they've got going on. I have no idea, but it's fairly frustrating to to to make those speculations as a as an impatient share owner, you know, this year is going to be telling what story will we be telling in in December or January of next year as we close out this year. What story will we be telling? There's some schools of thought that we're going to go through this year having never moved out of the stock range that we're in right now just because we're in a show its story right now. This company has got to show some results and their inability to just put out a press release is is dumbfounding to me. I do more social media in a day than they have done in the last month and a half and this is a $500 million company. I just don't get it. I just don't get it and I tell you what there will forever be scars from the share owner community in this company's inability to successfully navigate this whether or not they could have forecasted it or not but their inability to to navigate this and avoid what has been just absolutely a horrible horrible experience and what we have right now is is hope for the future that this solution which is a phenomenal product finds its place actually in in the class 8 space. So as we monitor the story going forward I really want us to continue to be patient. I'm going to continue to try to try to find the bright spots. For me right now it's really in the community. It's in those few places that I mentioned drop points of information that you can enjoy seek out and continue to kind of monitor this thing going forward. I will offer a few things for you guys to kind of put this into context. I always try to dig a little bit deeper try to help you understand that day to day fluctuations in the stock market mean nothing. They don't mean anything and I find all too often that people get fixated on the day to day movement of stock price and stock market action. We've seen over the last couple of days highly on can go up. It can of course it can and absolutely can but it's not going to go to $10 overnight. It's not going to go to $15 overnight. Will we have catalysts where the stock jumps? Yes. Will we have catalyst or negative sentiment or will we have highly on up against barriers within the company? Problems. Things that they need to address right away. Some with large implications some with small. Yes we will. Will the stock suffer because of it on a day to day basis? Yes it will. We will go through downturns in highly on but I think over time as the story has an ability to percolate and really fortify itself. I think people are truly going to understand what this company can do. The product in my mind is done. The final certification of winter validation summer validation being complete. Those learnings will roll into the final iteration of the hyper truck ERX. I'm super excited for the prospects of the future and seeing what this truck can actually do. What it can actually do when the rigor is put to the test. These fleets actually have a chance to run these metrics to the bottom line and actually start to qualify the purchase that they've made. I think highly on stands as a leader in this category when compared to the competition out there. I just do not see a comparative competitor to highly on and I try to be as impartial as I possibly can but I just do not see it. Watch Ronnie's video. It really does draw a distinction between the statistics and the the bear information that we have that's been disclosed by Tesla and the information that we know on highly on and what each company is going to actually put to the test. At one point down the line we are going to have the luxury of monitoring each of these companies respective products being placed into the scrutiny and the rigor of the services that they are looking to to provide service to and it's going to be that time where the companies that did their proper due diligence their proper proof of concept that are going to win out over time those companies that can minimum minimize those problems that can minimize the potential delays because highly on doesn't have a reputation and every move that they make right now is is either a positive or a delta against their reputation. So their ability to get this thing right out of the blocks with the amount of investment that's been infused into the project. I would content to say that they don't have a choice other than to get this thing right and I believe that they will. I think 2023 is going to be a fun year to Chronicle 2022 was a tough year to Chronicle the story and I closed the chapter on 2022 understanding that I did my part. I have no regrets whatsoever. My intention was never about hype, never. Hype is something that you enter into with ill intended motive and that is something that is far and away so far away from what I'm trying to do here in just bringing awareness to a company that I think is doing all the right things that is looking at an industry with the greatest need for the solution that they bring to bear and all they have to do is execute along that time frame. Are they making mistakes? Yes, they are. They're making mistakes right in the public forum for guys like myself to comment on and potentially offer constructive criticism on. Is any of it going to matter at some point if this company is able to integrate their solution into the Class 8 space? If 2023 and the start that we've incurred here up 30% is any indication of whether or not there's certain people out there that actually believe that this company can actually do some great things in the industry. It will be awesome to actually tell the story over 2023 and beyond as we look to see more highly on hyper truck ERX and hybrid EX units within the fleets helping to reduce our reliance on diesel fuel and introducing the opportunity for some of those alternate solutions out there that are available to help reduce our reliance on diesel and help with the efficiency within our fleets. Guys, I appreciate that the patients on this video. Sorry for the delay. We will try to go back to a Sunday upload schedule. I was actually unavailable last Sunday. Couldn't do the the offering. So appreciate your continued support. If you do like the message continue to subscribe to the channel. And if you're new to the channel, please subscribe. Leave your comments at the bottom of the video. These always churn up a nice level of discussion on where you think the company is, where you think it's potentially going. I'm going to close the book on where it's been. Because at the end of the day, it really doesn't matter where we are is where we are currently and we can evaluate where we think the company is going based on what it is that we know and where we can kind of project where the company could go if they have a few of these things and strategic initiatives fall in line the way that they have proposed that they should and we will be right there at every step monitoring the progress of this company as we get a little bit of footing under the stock price and start to get up to something a little bit more respectable, be a little bit more fun to cover the company actually with us not down in the dumps all the time. Me personally, I'm as happy as a clam. I do a lot of things outside of social media. I'm a very very happy man, but when it comes to sharing highly on I think sometimes I get judged based on this niche piece of work that I do for the greater good and I think that's unfortunate but for those that get it it's going to be redemption redemption time at some point down the line and let me tell you I am going to have a feeding frenzy on my hands with people who I owe a specific shot out but we will be patient on this will allow highly on to either fail or actually succeed and finds this place in class 8 space the verdict is still out at this point but happy 2023 to everybody and we will continue to monitor the story going forward as thank you so much for tuning in to the message and good luck in your investment future