 Aeroclean Technologies has just offered their newest investor slide presentation here in 2024. We're going to jump in and we're going to go over the presentation, get my reaction to some of what is conveyed both as a recap for 2023 and more importantly what to forecast in 2024 and beyond. Before we get started, I am a bullish share owner in the company. All of my stock purchases and my most current sale for tax purposes is provided in the description below, as well as any disclaimers. You can review those prior to reviewing this content. Please understand that this is my opinion and it is more on a bullish conviction on the company, but looking to convey the information as a duro puts it out and to get my reaction on what I think the information means and to push that out for the greater audience that is interested in the story as it is unfolding before our eyes. Welcome into the Aeroclean Technologies updated investor slide presentation for 2024. Very excited to share my thoughts. I've reviewed this now a couple of times. I invite you to adurocleantech.com for the latest version of what has been a phenomenal couple of years for adurocleantech. They do a great job in summarizing the many accomplishments in years past, especially the most recent year closing out of 2023 and more importantly what to expect from the company here in 2024 and beyond. If you want to review this in more depth, you can find it under the investors tab at adurocleantech.com. I invite you to kick over there and update yourself on the newest addition, but let's give those of you guys unfamiliar with the aduroclean technology story. This slide says it all, developing chemical technology platforms that transform low-value material into higher-value resources. We come to think about that where the low-value material would just normally because of its economic challenges end up in the landfills and in our oceans. Zoduros technology really does sport the ability not only to take that low-value material in-house, but actually upcycle it into a material that can be used in maybe even more valuable products. So this slide really does codify what it is that aduro is doing with their strategic goals and deploying their technology worldwide. A little more in-depth on this slide here. This photo is of R2. I've actually visited this very reactor, was able to walk around it, was able to look at how well this is constructed and putting forward in their customer engagement programs and having visitors come in and actually see the power of their hydrochemical technology. But for new investors and new researchers of this project, this is 10 years in the making. And I think coupled with the idea that the market cap is in between now having uplisted to the quality board markets and sometime down the line for a potential uplisting, this opportunity is from a first look perspective for especially retail investors to look at the company here and ascertain the value that is surrounding their patent protection that is outlined on this slide as well. As well as the multiple applications that can be utilized with their technology, not only to advance their initiatives with plastic, I would presume accelerating starting really last year, the fall of 2022 and into 2024. But just as exciting for me is the continued advancement and research into the technology and really infusing those projects that they've got for some of their other initiatives, heavy oil upgrading, as well as some other initiatives that by nature of some simple tweaks of their patent protected technology, they can really leverage this into multiple SKUs for the company. So it's going to be exciting to see how they advance over the course of this year and over the coming years. This slide here represents a total breakdown of the total addressable markets in the multiple verticals that Aduro could pursue over the coming years. You can see here the plastic addressable market at $120 billion as exciting as that is. Aduro really sports the ability to branch out across multiple markets and this slide speaks to that opportunity. And the key here is really understanding the economic benefit of Aduro's Kamalasys technology compared to many other players in the space trying to address this massive plastic problem that we have. We'll talk about that a little bit more in subsequent slides, but really what it comes down to is operating at lower input temperatures, therefore driving the cost down and still achieving renderings on the back end through their recovery rate that is just off the chart when compared to other solutions that are working in the same space as Aduro. I'll be closely analyzing Aduro's progress and technological updates and announcements as they push the limits of this technology with regard to contaminated feedstock and something that is a little bit more expected and anticipated once they get into the pre-commercial state. Being in this phase right now with the customer engagements, they are gleaning all of the research that they can to help them in preparing to go to that pre-commercial state and that is really my focus on evaluating the progress and the milestones met through the announcements that Aduro puts forward to share owners in the company. So we are very well informed on the progress of where they are in kind of the beginning stages of really showcasing what it is that this technology can mean for customers, really getting an idea of how the technology can augment existing businesses and their specific needs. Not all company is the same and every company is going to have different needs and it will be up to Aduro to look to identify those gaps, close those gaps and adjust accordingly to ensure that the client's best needs are met through the deployment of the technology. Just a snapshot of the many 2023 achievements, most are augmented with a press release which can be found on adurocleantech.com. Some of these will link you over like the video there which I think is probably one of the coolest videos that Aduro has come out with thus far. It's the one on your far right hydrochemical plastic upcycling. If you really want to understand where this company looks to go into the future regarding their vision, just watch that couple minute video. You'll totally understand why this opportunity is as exciting as we all believe that it is. And just a cool insight on the upgrading of the laboratory in the new office space for Aduro, very well earned. This is a long time in the making. This was going on when I made my site visit up to Sarnia, the current home of the R2 where the ongoing tests are happening but new really state of the art to really showcase their technology. So when they've got customers come in, you can expect that it's going to be a top notch presentation by Aduro as indicative by how cutting edge their technology is. So they're making a little bit of money through their customer engagement program. It's great to see this company as small as it is and really at the beginning stages of showcasing this technology that they've brought some major players in to really engage in the showcasing of the technology number one, but also to help in accelerating the learnings that are going on by these initial test results, which are fascinating. The company just released a 95% recovery rate on that. Again, once we start to evolve into more of the contaminated streams and finally some of the most robust of contaminated streams that we could potentially expect, which will define the range of what Aduro can sport in way of what the technology can handle, and then what it can render on the back end. And then we can start to derive some numbers on how efficient this technology can be at both pre-commercial and eventually commercial scale and here growing the team smartly and effectively. You can see there when I talk to Anil up in Sarnia at about the same place that those new six operators are standing in this photo looking to really be the technical oversight during the customer engagement program. He disclosed to me that they were looking to get that. And that's where R2 really does provide multifaceted benefit can be utilized as a training tool, not only as a training tool, but a showcase to the technology. And they need operators to do that. To the right here, three phenomenal additions to the Aduro team. Eric Appelman, Marie, and Stephanie as well to be brought in in 2023. What a fantastic addition to the Aduro team as they look to evolve and expand their reach already having footholds both here in North America, but more importantly, I think abroad as well. Over the next couple of years, we can expect that the material complexity will increase as well as the revenue generating potential, as well as an idea of when this potentially could materialize. There's a couple of graphs that I would bring your attention to in the new investor slide deck, which gives some insight on when we expect these, this progression to happen. And it's not going to happen tomorrow. I think it's very important for investors to understand that your first look to the company is being provided right now. How long that first look is provided for would be investors could be as short as next week. It could be as long as a couple of years. I don't know. And I don't presume to know. What I do know is if I'm interpreting this information correctly, Aduro wants to convey that they are going to progress calculatively, they are going to progress conservatively. Yes. And they are going to try to glean all of the available information through each stage to lend itself impactful to the next stage. Once we get into the pre-commercial state, it's going to be fine tuning and to the commercial state off and running. And if we're going to rely on a revenue stream through licensing the technology, we have to make sure that all of the learnings that are to be made available through this evolution are captured and incorporated into the final iteration of deployment in Aduro's technology. You'll want to pay close attention to this slide as it goes through the different varying degrees of material complexity. It really just means the dirtier or the soiled more common plastic waste that may be more common place without the need for cleaning the material. Now, Eric Appelman specifically has spoke about this on a couple of different occasions. If you picked up the panel review from last fall, he spoke about Aduro setting itself apart to be able to play along these three different verticals for a lack of better terms here. And that the bottom vertical with the clean streams will be the most competitive of all of the streams because a lot of the technology out there can only compete in that realm. As you step up to the more complex material, this is where I will look to be evaluating Aduro's ability to set themselves apart and really solidify what has been conveyed by Aduro in their ability to deal with contaminated waste plastic. Now, I will bring your attention to the Game Changer program and the current phase that the company is in right now in the Game Changer program and that is dealing with contaminated plastic. So this company has not only proved the bottom tier here, but the middle tier that is displayed for you on this slide. So it's a combination of the first two tiers. I would question whether or not they are looking to deal with some of the more complex or the dirtiest waste streams out there currently. I don't know what work has been done. I have not picked up on any conveyance of those tests, but the first two absolutely. And to start to dabble into the potential of the hydrochemical technology as it relates to a more dirtier waste stream when it comes into and is subjected to the technology, what kind of outputs that we could get on that. And we'll just need to track this evolution along this graph over the coming years. And hopefully, Aduro can really sport some impressive results when it comes to their ability to not only deal with the bottom tier of waste, but also the top tier of the waste streams in recycling these plastics along these different purity types of scales. Eric Appelman presented the best explanation of the value chain and where Aduro would fit in across to multiple arenas in the value chain and looking to augment and improve not only their application with their revolutionary technology, but understanding what the customer needs are. And in Eric's elegant explanation, it really doesn't do any good to provide a phenomenal product if they're not meeting the demands of the customers. And so to understand this value chain will certainly define Aduro's not only understanding of the industry, but where they can potentially augment and penetrate. And even in some cases, maybe even define new markets along this value chain as the technology develops. This slide was a nice summary of the 2024 strategic outlook. I found it to be somewhat vague. I don't need to be negative in my application here, but my expectations for 2024 are in line. They are not over the moon. This adding to the patent book, Ofer Weikus spoke about this, that will be a positive piece to this overall story, continuing to add value for share owners. I've owned the company now for over a couple of years and to continue to make progress on that, I expect that as well. What milestones are going to come out specifically in 2024 are yet to be determined. And I think that this slide was intentionally put out there to say, look, we will be providing multiple announcements along each of these fronts. But to remain a little bit vague into what they promise here in March, early 2024, I think is prudent, but it does speak to my muted expectations for 2024. They've got a lot of work to do. And I think it is incumbent upon investors who are looking at this as a first look, where our three plastics are alluded to in this to continue to work in design for the tons per scale, pre-commercial state R3, which is really my bullish thesis. Is that going to happen in 2024? I contend no. Will it happen at some point in the future toward 2024, end of 2025, potentially some of the dates that have been floated show maybe beginning of 2025 at the earliest? But I'm not holding my breath here. What does that mean for 2024? It means that patients will need to be deployed. Whether the re-rating of the company will happen in 2024 is yet to be determined whether or not that happens or not. If it does, great. If it doesn't, no problem. We know that there are going to be milestones in 2024, but there are also some realistic expectations that will not be happening in 2024, more so into the latter years of 2025, 2026 and 27, as we'll see in some of the revenue projections and potential milestones for accelerated revenues into the future. We have seen this slide before. This is the licensing model demonstrating the step up, obviously, in the amount of recycled material that can be produced per day, 25 tons per day as opposed to a 225 ton per day using multiple reactors, much more personnel, of course, involved in that, generating the revenue as appropriate for the size and scale of the operation. I glean a couple of things from this slide. Aduro and OferVica specifically has talked about the dynamic or really wide-ranging opportunity that Aduro has to not only cater to the smaller operators out there that need recycling service all the same, but also to upscale to the larger producers out there and enjoy really the symbiotic revenues that are generated on the gross margins, both sharing with the licensee and then Aduro making their kickback for actually leasing the technology to these respective players in the industry. This is a phenomenal slide. It's been a legacy slide here that Aduro has put forward in conveying to share owners specifically what Aduro is thinking for potential revenue down the line once we get through these early stages of technology development, as well as pre-commercial work that needs to still go into fine-tuning the technology. This is one of the most important slides that Aduro has released to the grander, forward-facing public audience. Specifically, share owners should really take note to what Aduro is trying to communicate here. We are toward the left here, this graph, and I don't want to scare anybody off to this, but I think it really does speak to what we could potentially be looking at over the next four years, let's just say. Guys, four years in the investing realm is nothing. It's a drop in the bucket, but what these guys are looking to do over the next four years is nothing short of impressive, where the non-recrearing revenue that is being garnered now through the customer engagement program should ramp up a little bit and start to augment some of the losses that are being incurred now by the company. We are actually hoping that those relationships turn into more specific agreements between those said companies and Aduro, which will in turn transfer into recurring revenues going forward at times x number of companies that are engaging with Aduro. Their ability to transition these customer engagement, these first looks for Aduro, is going to be pivotal in seeing this forecast through. I believe that they'll be able to do it to bring your attention to the initial commercial units break, even points sometime in 2025 would have us understand that as we march along these beginning stages of the financial forecast, it is imperative for us to continue to evaluate that progress, any acceleration or shift to the left in the progress. I will remind you that this slide was actually put forward prior to the game changer program. So all things considered, I think there is more of a potential to shift to the left. However, Aduro has doubled down on presenting this as presented prior to to show a shift from non reoccurring revenue to reoccurring revenue as those memorandums and agreements are struck with these larger companies, and it's not going to take very, very many. For me, the real solidification is going to be their first deal struck with a major institution and that's going to be game over to me, because that's going to prove that they have the ability to take those customers through the trial period and then transition them into long standing customers with Aduro going forward. Not only will the customer engagement program provide some revenue, I might suggest is somewhat immaterial at this stage. The company will continue to offer its warrants and its options to continue to subsidize its business. I will bring your attention to the current share float, just shy of 100 million shares, which is one of the smallest share floats that I've ever seen coupled with the idea that the insider ownership is 42%. I believe Ofer owns half of that at 20%. So if you want to align yourself with the upper echelon with Aduro, just take a quick look at this slide and it will tell you that you are aligned with the right people. We try to convey this to anybody who wants to come and listen and take notice of this story, but make no mistake about it. My alignment is not with the normal everyday average retail investor. My alignment in my share thesis and my bullish conviction on this company has to do with the internal share structure, which not only is an opportunity for the company to raise funds in a non-dilutive manner, but also to incentivize, if you read the notes on this, to incentivize certain milestones to be met to unlock additional shares to those folks and not before then. And that is a phenomenal, very unique opportunity here that Aduro has put forward to really allow share owners to share in this appreciation on this path to commercialization for the company. Just a quick snapshot of the management team at Aduro Clean Technology, a very impressive team of the who's who in the industry with the first two, Ofer Vicus and Mark Trigston, both co-founders of the company. And Mina is one of my personal favorites with regard to, and I'm really curious to see how he marshals this financial landscape going forward for the company because I think he's right on and a very critical piece to this puzzle. And then the addition there at the end with Eric Appelman coming on board really just adds another dynamic to this and also solidifies the technology and listening to Eric convey what he sees on the inside and the opportunity that exists with Aduro. And I'd like to thank all the viewers for tuning in for the totality of this new review of the Aduro Clean Technologies investor slide presentation. Very cool stuff. This can be found at AduroCleanTech.com under the Investors tab. If you require any more information, please reach out to either Abe Dick, he's the head of corporate development and investor relations. And Ofer Vicus has also placed his contact on this as well. For those of you guys who don't know, Aduro is traded on the U.S. market, OTCQC under the ticker symbol ACTHF. Thank you so much for tuning in and we'll kick you back to conclude the video. So that does it for our review of the investor slide presentation. I hope hopefully you enjoyed this review and to track the progress of Aduro here in 2024. We'll continue to put forward any news updates. There's a lot that is ongoing with the company right now and we're just awaiting on some of the final conclusions from some of those companies and we're eagerly awaiting those reports as they're made available to me. I will push those out through the channel. I thank you very much for enjoying this content along with me. If you enjoy the content, subscribe to the channel, leave your comments at the bottom of the video and share this information with anybody out there that you know may be interested in this opportunity as presented. Guys, thanks again so much for tuning in for the totality of this video and good luck in your investment future.