 and welcome to the independent investor channel live get a special edition this evening we're going to be discussing a dural clean technologies for the majority of the live stream tonight you guys have been with the channel for quite a long time you guys realize what I'm trying to strike at here my daily interaction with people is exactly the same as how I interact here now it's a little bit abnormal to put a camera in front of you and film yourself on social social media if you don't believe me try it sometimes it's taken me almost 2 000 videos to become as comfortable as I am in front of a youtube audience for those that are new to the channel welcome I'd invite you to subscribe to the channel I'm a hell of a lot different than the average bear that's for sure I aim for that I strike at the difference that people need to try to seek out in their own application the more you can do that the better off you'll be I think you'll find that you'll look at financial markets and the coverage therein as being through the lens of somebody who who actually has defined their own personal personal strategy and you're able to to really set that stuff apart and not be influenced by it I think it's very important that people really do adhere to a personal strategy to make sense for themselves I can give you a piece of my insight I always try to continue to so for for viewers of the channel what I'm trying to do on this project is really quite simple I've been a value investor most of my life what what does that actually mean there's a few strategies that if you wanted to participate in the stock market there's a few strategies that I think a lot of people can adhere to now in this country household debt is at an all-time high personal savings is at an all-time low one of my personal initiatives on the channel is one that I strike at and I share all the time and that's for people who have either less than ten thousand dollars of invested capital or more okay there's some that have reached that goal I've reached it many many times over in many many different capacities in a lot of different accounts and I do that to kind of prove to people that it is a barrier that can be broken down it really is why do I share that I share that with the perspective that you can understand that I seek out multiple strategies in my application you just so happen to be monitoring me now at a phenomenal time in my life borrowing a very volatile stock market that's really kind of put the value portfolio on somewhat of a hold but you have to understand I invest in that capacity for my family I don't do that for me okay it's nice to see a plan grow with my financial mind I have an idea of what type of performance that I can render off of those types of holdings over the course of a lifetime or maybe even over a legacy to span multiple lifetimes okay so the reason why I share that angle of my investing philosophy is I'm absolutely in tune with the potential of a program like that over time now just here recently I have been introduced to a few opportunities that have have kind of allowed an evolution in my own personal application that I have shared openly through the independent investor channel and that strategy is a little bit more mine this is a little bit more speaking to the fact that I have worked very very hard in my life speaks to the fact that I did not come from privilege I've earned every piece of claw back that I've earned the independent investor channel certainly has been a nice bright spot for me that's for sure especially over the last couple years of volatility I would suggest if nothing else it's helped me buffer the volatility in financial markets but moreover I think it is absolutely prudent to identify with some of the network of people that I've been introduced to phenomenal people people that I would have never had the chance to meet had it not been for the compliments of social media and if they come to the independent investor channel and they have an opportunity to view my content they can understand very very quickly and I'm very sincere about what I do there's no there's no sugar coating what I do there's no fluff there's no there's no attempt to sell you on an idea that I know that you don't need to be sold on anyway and I think the timing that we're in right now is fascinating we are in an environment right now where you have a massive amount of investment going into global climate initiatives climate change now a lot of you guys can sit back and say Ryan climate change doesn't exist I I don't I don't believe in that no problem the intent of of discussing climate change is to even suggest maybe and and entertain the fact that maybe climate change doesn't exist at all but but does that preclude or eliminate our obligation to leverage technology that exists nowadays to assist in promoting and evolving to a better place in a way of our ability to stop polluting the earth and it happens in a lot of different ways and while those discussions are going on I find it ironic how you know Russia cuts oil today and oil prices spike but you can't get any type of favor in any of these transformational companies that are looking to bring new technologies to the forefront because maybe they have a liquefied natural gas twist or a compressed natural gas twist which is a fossil fuel and therefore you can't touch it it's faux paul right so on one hand we'll support and acknowledge how important oil is to our our global economy but on the other hand we don't want to lend any type of favor to any type of alternative solution out there but might have any type of nexus to fossil fuel the irony in that just absolutely baffles me more over here in 2023 some of the discussion is about sideline money not wanting to miss out on a stock market now that is trying to future is trying to price in an inflation number that is monitored constantly and an interest rate that has been rising significantly over 2022 but the schools of thought would suggest that we're probably coming to more of an end of that cycle and so the game right now evidently that's being defined for you is can you get in before the FOMO by that happens when all of the interest rates cease to be going up and perhaps maybe even going to more of a normalized schedule and dare I suggest quantitative easing I really hope we don't resort to that and I hope we don't resort to it quick but I really do foresee the back half of 2023 being a very very intriguing time in global stock markets especially developed Europe and the United States I think 2023 is going to be an interesting and even if it bleeds over into 2024 I'm totally good with that the reason why I mentioned this to you guys is to truly understand where I'm coming from and where I think this transformational shift may happen in moving toward some of these technologies that exist that have the ability to contribute to cleaning the earth now this is not a problem that is small in nature when I was introduced to the aduro clean technologies initiative I had never heard of the company before but it was around last October-ish when I was actually introduced to the company and I thought okay but this is interesting but aren't we already recycling okay and so upon my due diligence I realized that 80 percent of the plastics are not recyclable a comb of the competition in the space like C. yellow like pure cycle some of the companies out there and the technologies that they're bringing to bear actually have a very very difficult time tackling the the three of the divisions of plastic that are very very difficult if not economically unviable and and impossible to recycle and those are your polypropylene poly xylings and polystyrene's okay those are the derivatives of plastic that have such a compound molecular structure that they are very very difficult to deconstruct and to deconstruct those in the traditional means and some of the companies now boast technology that requires such a high energy input that the cost is prohibitive in other words the cost of actually recycling that plastic in the manner that they do is not economically viable okay and I initially within five or ten minutes I thought this is crazy we we already recycle and coming to realize what the story brings to bear there is an education piece to it that is absolutely critical in understanding that aduro is looking to contribute to the circular economy okay and I want you just to take a step back for just a moment and I want you to realize how enormous plastic is in our daily lives if you've done some google searches and you've done some due diligence you would be hard pressed to not find that some of the developed nations have gone so far as to ship their plastic to those other nations even some of the developed nations on the earth china specifically which has just recently banned the imports of plastic they just can't take it anymore but some of the underdeveloped nations that really get dumped on as kind of the world's trash can and they absolutely do not have the technology and there's some really some horrific graphics online if you do end up going and you'll end up seeing the same thing I saw here in 2023 in questioning how in the hell we're doing this in 2023 and go back to my point about it being a global initiative for the for the for the green movement or any of that in these countries they're actually affecting the people that are in the vicinity of these rudimentary methods of burning the plastic and putting those emissions into the atmosphere yes but on a local level affecting the patrons in each of those smaller communities and I just cringe when I see that stuff because it looks like something that could have potentially been possible in the 1950s but here in 2023 it's just appalling but with the chemical and the the chemistry really in the technology that we have that this type of activity is going on around the world rudimentary methods with lack of support lack of government to oversight lack of workers to carry out certain quality systems with within each of these I don't even want to call them businesses they look like you know organizations that are trying their very best to dispose of this stuff from from from a from a very large perspective and the world is just dumping on them now for the plastics that don't end up in some of these underdeveloped nations all too often the plastic ends up getting just dumped into the ocean it gets in it ends up in landfills and what we're finding is plastic degrades super slow over time and the small particulates that actually degrade from the landfills themselves actually change the competition of the soil and actually have a an opportunity to make their way not only to the water table but also to contaminate the soil indefinitely okay just think about the small contaminant pieces of plastic that degrade over time those small pieces of plastic they end up into the in the soil there locally and as soil gets turned over as it gets you know rained on as it gets you know as it's been subject to erosion things of just a natural coincidence those plastics they don't go away they end up being churned into the soil and you might think okay well what are we talking about here on a global scale of production per year and i'm going to throw a figure at at you that i can't even quantify so don't even ask me to but three hundred and eighty million tons three hundred and eighty million tons of plastic are produced every year i know with my deductive reasoning that there's no way that with the current methods and the disincentive of the 80 percent that i told you of that three hundred and eighty million tons of plastic that's produced that there is any way at all that we're coming even close to recycling it in the circular sense that i think i and a lot of other people were under the impression that we're doing and we are failing miserably at this front the circular economy is a dream it is not something that is realized in nature and you have companies like aduro and a few others as well i left the link to aduro clean tech dot com you guys can click over there my whole thing on the independent investor channel is is quite simple a small investment in this company right now could mean something very very special for you now i don't care if you buy the stock or not i don't care but i also don't patronize people um i've just increased my position uh fully disclosed on the latest video that i released on aduro i've increased my position to 25 000 shares that's what i have okay i bought my last uh share position i paid a little bit up for it i was a little bit a little bit frustrated by the fact that the stock just never went down outside of a few moments during the trading day every day and it was very very difficult to pick up on the fly or on the dip because the stock has performed quite well year over year up over i think 34 percent 35 percent and you might think okay that's that's pretty good for a microcap with massive potential to grow and an addressable market that is close to 40 billion dollars in just the plastics vertical alone you know you might think that that's pretty conservative and in in a in a positive market sentiment i would agree with you but any stock especially a microcap of 47 million dollars to perform and outpace the s and p 500 and outpace most of the microcap small cap medium and large cap markets i mean you had some of your largest companies roll off 50 60 75 percent even some of the companies that were really in favor over the last couple of years rolled up rolled off upwards of 90 percent so when you have a company a duro that is up and just last week made all-time highs it requires our attention don't buy the stock okay but if we are going to call ourselves stewards of the game and we're going to call ourselves interested in personal finance or interested in stock look i am okay and if you come on the independent investor channel and you expect me to give you you know the three stock picks of the week or whatever i've i've subsided doing that because i just don't think that it truly has the transformational impact of something like this now remember how i talked about the value approach to stock market investing the majority of my wealth is is in passive indexes okay and i wouldn't change that for anything i know that there's some fairly aggressive sharks that that certainly look at the otc market with a lot a lot of the same skepticism as as me but i've also succeeded in picking out those gems of the market in other words those companies now in 2023 the during curse some pretty good scrutiny especially on the quality boards and the venture markets that are doing some pretty impressive stuff there's some companies on there doing some impressive stuff that are getting thrown out with the market that i can tell you and that is indicative of the market that we have now the reason why it came on this friday to actually share this story i think we are on borrowed time with this company i really do i've watched the stock action go up on very very little volume every single day i monitor the company every single day and its resilience is also worth acknowledging now if there's any interest there to be had in the name and you've never heard of the company before i will have people that come across this live stream and they've never heard of the company before i think we need to get over this idea that every company that is a pre-revenue company is going to fail to survive i think we need to get over that i think with the availability of information nowadays i think we really need to start to buy into this idea that we can actually look at what is known in the marketplace what is disclosed publicly and you can find it all on adurocleantech.com you can click over there and you can check it out i visited the website many many times and i think you'll find the same level of value even if you don't decide to take a financial position in the company which is on your own due diligence i think anybody on the globe can take a vested interest in understanding what this company is looking to bring to the table i've got a good friend of mine tonight's a special special treat he's taken some time i dropped the invitation on yazon very very short notice because i just got a whim to do this project tonight live stream this was one of those things i could have come on and talked about you know the stock market going to hell this week and i just thought you know what let's shift in a little bit more of a positive direction because what aduro clean technology is doing even into just starting 2023 has been nothing short of impressive and i really think that you guys need to take note follow the story okay because it's a story that i'm going to continue to evolve with on the independent investor channel guys and i'm going to tell you when i'm sitting on a stock that is becoming well known in the stock market right now it is not i want you to all have an equal and equitable opportunity to put your lenses on it do your own due diligence and come up with your own thesis on the company itself and perhaps maybe you'll find a lot of what i'm seeing and seeing how exciting this small company is less than 50 million dollar market cap and to see maybe if it's it deserves a place in your watch list or more so i'm going to bring yazon on just to say hi to the group here it's a special treat to have him on yazon you're live on the live stream good evening to you my friend how are you thank you for so much for your time good evening thank you for having me thank you everyone for sorry to take so much of your time and by the way i'm a big fan of your Friday show it's it's amazing the amount of free education that you give you've been it for someone that is been in the market for 15 years it is very refreshing to have someone like yourself um you know kind of tell it as it is and walk through the journey that you have done whether it's you know how you invest yourself what you do your life and it's it's very inspiring so well done thank you yazon i think just watching how quickly the markets can change from year to year i think it is fair to suggest that the stock market now in 2023 you cannot buy into old onus and old ideologies when applying new strategies in the stock market and i i learned that a long long time ago in that nobody has the smoke and gun nobody has all the right answers but i think with the availability of information people are going to soon realize that it is possible to find these companies like in a duro clean technologies that has been in the making for 10 years and by the company's admission they have not come public until just a couple of years ago to really roll out their story is that right yazon yeah i mean i'm gonna talk a bit about this so look uh as someone that is in the venture caps of the world um i cannot tell you how many times i'm i know people come to our office whether in vancouver or in dubai and or we travel to see companies and uh it's the next next big thing it's always there is this next big disruptor next big thing yeah and it's very rare to see this level of um passion this level of ownership this level of when i say ownership it's not even ownership at the at the stage of you know owning the stock it's it's the insider ownership here is you know it is amazing but to understand that offer and insiders for 10 years prior to going public what they did is they they didn't take a salary they were you know putting money into this of their own hard dollars um on top of the grants that they they did one of the funny things that people i laugh at the market cap because people don't understand like just what they till the day that they went public and this is what got me very intrigued is when we were talking about the go public um and it's you know just so everyone does not feel that oh i missed the boat when they went public they went public at the 55 cent Canadian so around 40 or less us so it's only doubled since then so it's not it's not like you missed out on the big games the big run is is is yet to come um but when they went public they showed me how much money the they've sunk in in hard cash and they put in over 5 million Canadian between themselves friends family and on top of that they got you know close to 20 million dollars in grants and research and support now over for the first three and a half years him and mark the cto literally were shooting holes in this they were just trying to kind of figure out why this is gonna fail and that's part of the reason why i like it a lot because you know when you get when you sit down with a with a founder the biggest typical skepticism especially in a pre-revenue as you said is you know you don't want to see a founder that his you know mantra is i just want to go public so i can raise money yeah you know this is the typical founders the type you know come across it's you know i i need access to cash this is the guy known that he's saying i came to market after making sure that our patent and ip portfolio is worth significantly more than at the time and 50 million dollars came so 40 million us and then you know on top of that they started in i really loved how they structured the deal and i'm telling you i've been around the venture the csc the otc markets it is not i don't think i came across a deal where the companies insiders have parked their shares they only get their shares if they execute so today when they went public they only got one third of their shares it was only after a year and sometime that they passed their third party validation by western university and that's when they got the second layer or the second branch of their shares you know most founders most insiders will always tell you no no no i mean at best they will say okay well take a one year two year escrow but you know this shows you how much passionate they are and how much they believe in this and this is something that i'm telling you like i i don't see like i can't recall when was in 15 years of doing this i can't recall when when that happened so the other thing that i think is worth noting is the value of the ip i i said this before you probably said it yourself i think aduro on a ip evaluation um if someone wants to come to say to aduro you know what you've done a fantastic job on the plastics on the heavy oil upgrading on the you know some of the other things that people don't even talk about the renewable side the uh you know the foam mattresses the uh tires the tires the bar the tires like you're talking about they the ip portfolio they have is i in my view it's worth you know two three hundred million dollars you ask yeah and that's like so i think and the validations that keep coming in are very important for everyone so i think people should go to the website as you said and you know they should read who they're associated with um you know prior to talking i know shell is an easy target to kind of talk about but i really encourage people to go and read about bright lands came a lot so bright lands came a lot about i think it was a year or so ago um a year and a half ago they came out and said we're partnering with aduro we are gonna help aduro um you know come and open a um you know come to the netherlands and become part of bright lands come out bright lands come out is basically one of the top 10 in the world plastic recycling hubs so that's where you see all of the measures you know all the major names in the plastic recycling you will see them there you will see the sabbaks the shells the you know name drop a name they're they're gonna be there um so the great thing in that relationship was the validation was similar to shell they said we spent and it's this is public information so i am not saying something that people cannot find uh it's it's in the pressaries it says that we for for 20 years we haven't seen something similar to this we haven't seen a company that can um you know improve the characteristics of uh not only plastics but hydrocarbons and you know when i know people if people paid attention a lot to what dofer was saying last time he was on with uh with crocs but but crocs interview i know it sounds a bit it goes over people's heads and i'm gonna i'm gonna try to simplify look the world needs to reduce carbon emissions so that is what decarbonization is all about and that's why shell selected aduro that's why you know the selection of aduro and and the talk about you know upscaling plastics that's one way that's one of the major methods of reducing carbon emissions because if you're able to upscale or upgrade plastics or heavy oil or whatever it is you're going to be able to reduce the carbon emissions and you're going to improve the overall cycle circularity sustainability use the name you want now a year ago or two years ago when you tell someone about circularity they said what they would look you funny and they're like what do you mean just basically means the circle like you take the origin of any hydrocarbon plastic heavy oil tar and you turn it back to its origin after consumption so and that is massive value you're talking about i know and you know i i am i think these guys one of the things that they have is they really have a very hard time uh understanding themselves they don't sell themselves hard they're they're there are people that go in work 16 hours a day yeah i was talking to over um a few hours ago and he was literally in the business lounge heading to india and he's like you know i'm like it's quite busy and he's like i'm on the phones i'm you know i'm setting up everything before i travel and you can see like these guys live and breathe like going on a weekend to india to ensure that he gets to see as many investors and as many people as possible so i don't see again the the amount of passion that's here is insane now again dial it back to the average person look guys i have said this to penny the other day and said look let's focus on the plastic so that people understand this today the total accumulated plastics that we have is about eight billion tons of waste plastic okay i cannot tell you how big that is that that is like beyond big that's insane okay china has been uh importing plastics since 2015 um we are seeing plastics in landfills we see them we see them in oceans we see them in um you know everywhere and what is happening unfortunately is they get exported to countries that are less fortunate because that's the only way that you know the developed world can get rid of them yes um the recycling component is only nine percent of that so imagine you know a billion okay and let me add one more thing to this okay this is very valuable product because if you if you're able to recycle it efficiently every ton that you recycle is worth north of a thousand us dollars yes so i don't need to tell you how many zeros that becomes it becomes insane okay now in addition to this and as you mentioned on one of in one of your videos so we are currently there's kind of a debate of whether we produce 350 or 400 million tons per year whatever but that number is only going to grow higher in the next you know 20 so years we're going to be hitting a billion tons per year of plastic waste and let me tell you something if you heard any person Joe Rogan didn't just name they all laugh at the idea of we're going to ban the like single use plastic that's a joke you're not going to change consumer behavior that way you know telling people that you're you're going to have to get your drink in a in a in a carton straw no one's gonna adopt this it's garbage i tried it so many times and i'm telling you like i have through the the thing it just melts up and i was reading also about it and it's actually very it's not healthy these things are really not healthy so it's it's what they're trying to do is just a bit of a green wash that doesn't resolve the problem so so now we know the size of the problem it's massive okay so let's say 350 million tons per year at an average value of a thousand dollars per ton you do the math that the size of this market is like in the hundreds of billions of dollars okay so now it comes back to okay so we know the size of the market and now it's next okay well how do we make money how does aduro you know we're not in a in a as a big investor of aduro i'm not in it for just i mean it's a great social part and i love it but i also love the fact that there is a ton of money to be made on us and when i say a ton it's not like i'm being very i'm not exaggerating why because if all of you the current solutions out there they only can they they can only touch 80 to 90 percent of the existing plastic waste the rest of it they cannot really do a dent for the rest of it just basically goes to the ocean landfills yep gets burned whatever so you're not really the same thing that offer said last time we're not competing with these guys there are 70 other technologies good for them let's have another 70 other technologies let's have another hundred aduros it doesn't matter it the market space is is insanely large you know i'm gonna use an example because we do use pure cycle i'm gonna use pure cycle in a second but i'm gonna use an example that we haven't used before and i just learned this this week speaking with their sounder r&d team so we were talking about age elix and i said you know age elix has a couple of pilots you know they make some revenue they're losing a ton of money they have a they have a 250 million u.s market gap and you know the the the guys in the in the u.s and you know the ads behind them are saying this should be worth you know close to a billion dollars and i'm just trying to kind of get you know wrap my head around it so i asked the i said i asked one of their researchers i said like what do you think of age elix is like you know the sales pitch that they have where age elix is is literally it's it's a it's paralysis plus it's again just you know a slight improvement to paralysis so a slight improvement to the thermal regime which is very high level of energy so instead of a thousand celsius they probably are 800 celsius so it's again burning doesn't matter it's like hilarious but they go and they market themselves as well you know we are um we have a 50 to 60 percent yield he told me that is a pure like pure garbage when i hear it and i said why and he's like well if you produce 50 if you take a ton of plastic and you turn it to half a ton or 500 kg of or liters of terrible terrible fuel like fuel that is you cannot sell in the market what is the value of this like what should be the values and i laughed i said well it's clear in their financials like the they make revenue but they lose a ton more than they yeah they they revenue they make and it's like exactly so you know outside of the the way that you know outside of them being able to showcase it and them having you know a few good partners and again the purpose here is not to take down any company i mean i see i seriously don't you know don't think that it matters because as we said it will take a hundred adwares to really you know make a dent but it's just for your audience to realize how disconnected the valuation is and the reason why i picked agilex is because agilex trades on otc markets it does it trades in i think in somewhere in in in the in sweden or finland i forgot but one of the nordic countries but i mean it just gives you the idea that this you know despite it being an otc stock it's just the only difference is they they do have three or four analysts behind them and you know they they have crossed the road of moving from retail investors to kind of more institutional the same thing goes to you know turn the page and pick pure cycle 1.5 billion dollars we talked about it before it's a mechanical approach so it's very selective you have to take the cream of the crop type of uh plastic you have to build a central unit you you know the central unit is two three hundred million dollars that is on your dime and their technology is not theirs it's it's they licensed licensed it from pg proctoring gamble and the funny part is look i mean yeah proctoring gamble will provide them with the pizza but guess what if they fail proctoring gamble says okay i'll get back the you know technology and the ip and you know find someone else so hence why i keep saying the ip value of a duo is just so so undervalue it's just people are are still just you know um starting to hear about it and um i'm gonna tell you you have done a fantastic job uh and kind of you know highlighting it and you know telling people about it look ultimately everyone has to make their own decision and their own um absolutely investment pieces but i can tell you that you know we've used the example of how do we make money and we said let's talk licensing and let's not talk about some crazy numbers let's use a very simple size so we're saying 380 million tons produced every year if you apply this on literally a million tons per year let's call that this is going to happen in 2027 who cares um on a licensing model you'll be printing a royalty model of over a hundred and some 120 million us per year like and literally printing that money so you're taking you're taking your royalty and based on what i you know my understanding from them they're saying that the the um the facility the average age of such a facility is 20 to 30 years yeah so for 20 to 30 years you're literally making that royalty like what is the value of that i mean i don't know i just i know that it is way way way so many so much of a big number so um so i'm gonna stop here here's some questions from your audience and i also want to talk a bit about a couple of other things at the end but i'm happy to address any questions that you or your audience have yeah thank you yuzan i really appreciate it so you heard it guys um yuzan is um probably one of the most uh four foremost experts on aduro a lot of the learnings um has come from yuzan and this is kind of the strength of the network piece that i speak about and if you're one of the patrons tonight uh in the live stream on a friday um the time and the minutes and the seconds that you are spending are well spent you don't get any more of an intense look for me um i i've already convinced myself i'm i'm there it's going to be very very incredible over 2023 to see this unfold we did mention the crux investor i highly recommend that you catch that and i think my question directly and please leave your comments there i'll get to you guys first but my question i think for yuzan is to kind of double down i know crux was like look that's great yuzan okay that's great over we're looking at 50 million but i'm a money guy he kept harping on the money piece and i think ofer i the presumption that i got from ofer's response was we are getting so much interest from underdeveloped nations from major players in the industry major interest i don't even know if they know where to start to really carve out their piece now if you have a little bit better of an insight because crux asked him three times oh for i'm a money guy please you got to let me know if i'm if i'm looking at this we're talking about a pre-revenue company if we need to wait until 2027 fine but from now until then we need to understand a clear path to profitability and if it's going to be through the licensing model how is it that you're going to really make that happen in nature and i i was kind of waiting i watched the ofer's response three or four times to try to glean a little bit as a share owner myself because that to me is still kind of an unknown we talk about the money piece and we kick around some of the you know some of the figures and they are staggering yuzan i think what it comes down for me right now is where in the hell do they start what do they look to penetrate over the short term and looking to build those relationships medium to long term i i think crux was trying to press him on that a little bit you know and and ofer i kind of got the presumption as a as an independent viewer that ofer was like no no we've got interest all over the place and i'm not really sure if he was streamlined on hey we're going to start here or we're going to start here or we're going to start here can you comment on that yuzan sure so look um one of the biggest things that i've learned in life is you definitely you've pinned the right thing i mean you need to have someone that has that focuses on you know a few things and that's one of the reasons why i like what these guys are doing is they are getting pulled from every side but they decided to focus their energy and time on plastics for now and secondary on the heavy oil okay now they could and i'm telling you there's so much interest in the rubbers are there's so much interest in the foams and there's so much interest is like right across but they're focused on the uh plastics they also have narrowed it down where they're saying to partners and i think a lot of these partners are such as shell so for example shell has a goal that by 2025 they want to recycle one million tons of plastic now the default that they had was we're going to do that through paralysis then comes aduro and obviously changes the entire paradigm and now shell has to go through the and aduro has to go through the 12 months of you know these testings but if if if aduro just winds up you know one client like shell with two three hundred thousand tons per year we are laughing to the bank okay so so the focus point is i think they are gonna focus on the clients that they currently are engaged with and some of these are public some of them are not when they keep saying we have 15 ongoing conversation they are dialing it down because again if they are gonna accept every person that knocks their door there's no way that they're gonna get to it so to go back to it i think they're given they have been very methodical and saying you have we need not to lose focus so customer a shell b x y z here is the solution you're gonna come in and do a feedstock testing with us you have this type of you know p e p p p t whatever you want we're gonna test for you we're gonna charge you a few hundred thousand bucks so every pilot of these you know for a company that burns in the year about called four million dollars Canadian so less than three us okay they don't need more than you know i'd say six seven pilots eight pilots and they will be um not pilot sorry feedstock testing and they will be able to cover their burn which is why i think people are looking at this wrong i think they'll they keep harping on you know the how are you gonna cover how are you gonna get this and looking at it as one we have a lot of interest from the capital market side you know we keep getting people saying well we can't buy enough of this talk we can't just sit on the bed and just wait for 10 000 shares so we need to go into a finance so that's one venue that they're getting second venue that they're getting is that they will start generating revenue from these feedstock testing which will start as soon as these um in the case of shell i think they we will see some revenue um in q1 q2 yeah but i also think that once r2 the two r2 machines are up and running the r2 is basically the kilograms upscaling from plastic and kilogram or you know liters of breathing for heavy oil once these are up and running all what they're going to do is test feedstock then then the while they're doing that they're testing the feedstock they're making money out of these test results they're also going to be building and they haven't said much about it but they keep saying we are going to be building r3 you know sometime this year early next year yep my the what the intuition i get is that one of these partners that they're talking to is going to be a co-investor in building this which is why i really like it because also remember like they did with n-circ and mitax basically what they're be what they're able to do is every dollar that they are getting about at least 50 percent is being subsidized by some sort of a grant so if they can get you know whether it's equity or it's an investment or it's a partnership with someone they will be able to instead of you know having to build everything at their dime and dilute they're going to be able to do this with a partner and i can tell you once we finish r3 the ethans per day we as shareholders the risk is off because at that point you can show ethans per day and that's it the next model is going to be commercial commercial commercial you're not going to be the only difference is going to be what type of feedstock how big of a commercial operation you're going to be doing yeah and all that and if you look at the revenue projection you will see that by 25 they're already making money they don't need the market my question that i always ask myself is do they let this company exist without being bought out till 20 27 i don't know i i don't have the answer but i i wonder because and it could be like we're talking plastics and just not to kind of confuse people but it could be that they you know completely out license one of those verticals the other verticals that they had don't have the time but they have the ip for yeah and that could be like a significant cash injection that could come in and it could be by jurisdiction as well so the the possibilities here is just i know it's just wild and you know it's one of those like i think it will click and once it clicks it's going to go you know euphoric you know we'll look back and laugh at at what's happening in the market right now but for the time being all what we can do is we can educate and we can tell people look at what they have and you know it's right to be skeptical i mean everyone that i introduced the story to at you know starting with myself when i was introduced to this i was like very skeptical um they converted me and then i was able to find that this you know conversion has become much easier especially after shell bright lands uh western you know there's a lot and you know like i was talking to a um someone in the in the oil and gas and it's like you know once this is once they are processing heavy oil to lighter oil like that vertical in its own is going to be worth billions oh yeah it's like you know we you don't get how tough it is for us in canada we have five and a half million times five and a half million barrels in canada that we export to you guys in the u.s 30 percent of that is literally the worst like it's it's just like a very very heavy oil so what do you do with this you need to get 30 daily ones okay to kind of move this so it's it's a major major problem so again i i know i'm trying to kind of keep it uh you know precise and the easiest way that i'm gonna say is you will buy or i have bought a duro for the plastic side but i'm getting a free call option on all of the other and i said this to penning i said on a gopher we were going to speak to your audience tell them that you're getting a free call option without expiry like you know when you buy options and there's like an expiry date and you know when you have like a no expiry like as you go in time there's decay and there's value for the fact go try to buy a tesla option and you know buy a 2025 $200 tesla option it will be like 70 bucks just because of the time you're getting the time factor for for no value for all of these verticals so yeah it's hilarious i think that's a good segue you know mariush came out with a really really good explanation of the bit bitumen and the the oil sands and the deal you went that's necessary to make the oil flow in the pipeline so i would invite you guys you know it's i'm hard pressed we've been doing this an hour not to mention mariush who i hold in the highest regards on youtube you're getting a treat to get to consume his content you get to sit across like you are tonight free of charge so i would invite you to to mariush he's got a really really good catalog of aduro content online but yuzan there's a couple questions here one from the everclear boy he's a devote subscriber to the channel and also steve b who's also talking about the everclear boys talking about he can't figure out why the institutions aren't liking it any thoughts and then are there any institutions interested so you know has there been any real momentum built up on the institutional interest or is it still just kind of in the the unknown introduction category yuzan no i i i did introduce them to a couple and they are in talks with institutions the um the biggest it's kind of a catch 2020 one of the uh institutions in the u.s told them uh and i recall that i i said that and i think people laughed uh when i first introduced when i was talking to mariush and his his investors i said you know what one of the investors in one of the institutions in the u.s told us said we don't want you to like we have no issues with you at pre-revenue we have no issues with with where the technology and that's before shell that's before prosperity before like a lot of things anyway um it's like the only issue that we have is your market cap the market cap is such tiny that we cannot you know um how are we gonna position um ourselves like how do we get an institution behind it i i think they we're getting to a sweeter spot where smaller canadian institutions can't come in um i can tell you that there's a fund that is now a shareholder of aduro um and these guys have you know about probably seven eight hundred thousand shares they told me that any offering that the company has they'll be taking part of so it's just a matter of the size the size of the market cap of aduro i think what we're gonna see in the next six months is we're gonna see unfortunately to say this but canadian institutions are gonna you know have the first bite just because canadian institutions are willing to take a bite at that you know sub hundred million dollar uh valuation yeah um but you know then it's gonna it's gonna move to europe in the u.s. it's not like that's what i think the only limitation that's great thank you for that insight yuzan i i think we're kind of getting to the end here a little bit i may um kind of segue us out but certainly want to give you the last word and just on behalf of the audience and the channel and thank you yuzan i'm i'm i'm just in debt to you the the power of information and just the introduction to the company i've done my own due diligence i don't need to be pushed in either direction um but you know just to understand an introduction of the company what they bring to the table and then allow people to do their own work on it i think they're gonna find exactly what we're talking about and if they don't need to hear it from us they can certainly find it on the website i've shared those in all my videos there's a few of us online that are sharing the story i just chronicled and threw passive income investor on there as well um he's helping to provide the awareness to social media and uh penny queen is absolutely fantastic um content creator mary eush and myself and yuzan has been more than connected to all of us helping to keep us up to speed on all of the media releases and and all of the news as it's been forthcoming in 2023 but yuzan i certainly want to give you the the last word and thank you for your time and and and give the group here um kind of your um your your last word here on on aduro going forward in 2023 first of all thank you so much i appreciate you having me on i appreciate your audience listening to me uh apologies if i took so much and i dragged this out um look i i'm telling you as someone that has been around the block in the venture capital world um aduro if it was not for them um having listed in canada this company by now and by the way just full you know one of the things that i've seen come across two or three companies in the us institutions said guys just delist from canada which as if it's so easy just delist from canada go private we're gonna take you on nasdaq at multiple valuation so to me that that was like what first of all you can't do that but obviously it's great to hear right um i think i suggest people look no one can help you help yourself accept yourself so you've got everyone's got the weekend i know everyone's busy but this is not a common um company this is not a common investment opportunity these don't come by so often trust me i've been in the business for 15 years okay i see lithium companies that have nothing but a drill that is about to start in the ground that is at way higher valuation than just because they're close to a mine that is close to what a this is insane yes so do yourself a favor review the material that's by line by independent investor by the people that has created so much content so much time put so much energy into getting it out there and i'm telling you you even if you become a skeptic and that's fine just put it in your watchlist see what the company is doing you know once there are twos are up and running they that's going to be the your next level where you're going to see it in action you're going to see the upscaling of plastic the upscaling of heavy oil in action and that's not far away that's you know whatever a couple months three months out who cares that's nothing but if like i'm telling you these this is not a common opportunity it is mispriced i keep saying it's a mispriced opportunity look at all the players in the space they're in the billion dollar segment those are that are public pure cycle 1.5 billion and they're a mechanical approach so it's less it's inferior in terms of technology bottom line there's a lot of homework to be done but once you get to the conviction that personally i have around this you will sleep very well not looking at the share price well said well said you heard it here thank you so much is on for your time this evening on a friday and short notice as well i think you can footstomp the idea that we need to keep this topic out there we need to continue to keep it relevant and i think once this story really starts to snowball i i think the the organic churn is going to turn more natural and it's just going to be fun at that point to sit back and watch the ride because i think that we're going to be talking about this time right now in the rear view mirror as a time where we were looking at an opportunity earmarked it as that opportunity and really reflect back on it being one of those opportunities of a lifetime that you speak of you son thank you so much for your time really be really appreciate you have a great weekend and we'll be in touch all right yeah so thank you so much thank you son good evening yeah so you you heard it here guys but just a real treat um you son's fantastic this part of the value proposition here on the channel where we get to hear those insights and really really fantastic it's a think of the amount of connection um that we're we're bringing together through social media i'm sitting in my living room you know connecting with all you folks and i do want to thank you for for staying with us for the through the totality there wasn't anybody that left the live stream tonight yazon kept the the butts in the seat and i think that's important and it's not important from the perspective of coming in here and and thinking that you caught a lightning bolt to the heavens it's it's not about that i am absolutely 100 convinced that we will be telling a different story six months from now i am absolutely convinced the year down the line we will be telling a different story um than the one that we've told here tonight some of the things that we discussed our reality we're talking about 50 million dollars in market cap and that just does not garner the attention necessary to get a lot of that institutional interest that some of the some of the gallery had brought forward and and it's part of the um you know part of the you know the due diligence and identifying look it is a pre-revenue okay what is the realistic chance that we step into some of those customer engagements that yazon was talking about how many could that potentially mean he talked about seven or eight of those to just be at break even that that's that's easy that is easy money and i want you to point you to the investor slide deck on the um on the website they're talking about 78 500 tons per year on the largest example that they give uh for for the ip yazon was talking about upwards of a million in production per year i think they can do that with certain clients uh on a singular basis i do i i think if they don't start out initially and they can knock out that that million tons you know and they start out at 100 000 tons i think what yazon talked about is the 20 30 years of just a royalty payment over the lifespan and then the potential to build in to that potential capacity that each respective business needs that in essence is what you're investing in is right now it takes the most amount of imagination to extrapolate and and and kind of wrap your mind around what the potential is and right now is the very most difficult time to do that when we don't have those quantifiable metrics and yazon also mentioned once we do have those metrics and we do have that anticipated yield on the back end when r3 is complete that's probably at most a year away at most okay now i know that if aduro could build the thing and put it out there tomorrow they would but they are not there yet the question is do you think that they will be i'm of the conviction that they will and i've put a timestamp on it yazon mentioned that he thought probably q4 2024 ish q1 2024 i think is where we are uh in that ballpark so what so what when we're talking about those predict predictable revenue streams then you're talking about the ability not only to generate revenue internally but also to extrapolate uh a pure value for the company and right now you know the the value proposition yazon mentioned two to three hundred million that's exactly where i am um the ceo is a little more conservative suggesting maybe an 80 to 120 million right now on just the ip nothing else and they own it all so it was kind of a kind of a cool opportunity to do the live stream on aduro i this is something that i hadn't even thought of because it's it's kind of a step away from you know my normal value investing type of investing awareness debt consolidation etc etc i talked about the statistics at the top of the live stream and talked about how deficient um people are in there in their savings rate their spending rate to the ability to to spend themselves into debt and then spend a lifetime just getting out of debt it speaks to the amount of household wealth okay i am an anomaly all right if you think that i'm just somebody who comes onto youtube and just stumbles over my words i i i practice what i preach what you see is what you get it doesn't get any more real than this somebody like myself who has a blue collar existence has no business with the amount of wealth that i have and i've done so not being able to circumvent financial markets without being scarred a few times okay and i scour the landscape pretty intimately and i think this is probably one of those lifetime uh opportunities yazon mentioned that they don't come across very often he's right he's 100 right and i think for a lot of people out there i mean right now trading it i think it closed right today at 78 cents something like that i mean you're talking about a 100-year position being less than a hundred dollars and i think if this does anything of what we expect it to be um i think even a small position could materialize into something fairly special it really could be a start it could be a lifelong position i think the most difficult thing for me um if it does not get taken over at some point uh and somebody just comes in and says hi i'm going to give you 10 12 15 billion dollars for the company um and just buy it out and aduro remains a household name for the long term i i think it could be one of those plays to where you have to be very careful on the back end you know exiting the position for a quarter million dollars when in fact you're leaving you know two and a half to three million on the table on the back end because aduro's value proposition really really materializes over that five to ten-year period from understanding what those value metrics are top and revenue you know reoccurring revenues new customers being brought in understanding their ability to duplicate that model over and over and over again right so once that becomes more defined in the landscape then it's really just going to come down to that one word of execution that i talked about with ofer vicus um when he was a guest on the channel and that was really really uh very cool but hello please has a question here what platform to use to purchase the otc this is a little bit tricky um purchasing otc is a little bit tricky you gotta use limit orders you gotta pick the the the limit amount that you want to pay and you can't be aggressive okay you gotta pick pick the limit that you want and kind of wait for that order to fill so it's not like you're commonly traded stocks um i use interactive brokers um to purchase the shares and i don't disclose that um on the disclaimer i do disclose the date of purchase and the exact amount that i paid for the shares um and i'm at 25 000 right now but uh trawl schwaab does require you to call i have heard that before uh td ameritrade and fidelity also are available um to purchase i can tell you that maryl edge is not they are my main broker um and they told me i kind of laughed actually they were like we'll wait till the company gets to five dollars a share and then we'll offer it and i was like well i don't really want to purchase the shares when they're five dollars i want to purchase them when at the time they were around 58 cents and really had a chance and i put a token by you and i think with a five in front of it those the only block of shares that i was able to pick up that low because i was testing a new account brokerage had to get a little bit of the permissions dialed in on interactive brokers um interactive brokers is not a friendly user friendly platform it's very intuitive so if you are a beginning investor uh slash you know um pursuing of uh the more aggressive markets through the otc i think you'll find that probably some of the other brokers might suit your yourself probably td ameritrade and fidelity probably would be the best choice for you and then char schwaab and then finally interactive brokers in which i really like them but it took me a little bit to get to learn it and it was a setting that took me quite a long time it was a self-designation setting to um allow myself to be able to engage in that level of trading so um hopefully you find more ease of use than i did that that's just my honest opinion and tutorial and i hope that helps you um you know happy hunting and your um in your quest for that uh but uh yeah i want to get to the top here go through some of the questions very very cool daniel's in the house man you got the moderator of the night tonight daniel so congratulations i hope hopefully you're still in the group here it'd be kind of cool uh less than two weeks for this huge so got some cool cool folks in here man some of the some of the the normal folks in here this evening very cool stuff thank you i really appreciate you guys uh sitting through that that was a special treat for me man i'm just i'm intrigued by that type of stuff and you have to understand that if you're having the ability to sit back yuzan does his homework um he's a steward of the game and he spends a lot of time and due diligence so um if you if you if you doubt his um his insights um i would ask i would ask you to retract your your your thought because yuzan's one of the one of the premier um extrapolators of opportunity that i've seen and i've seen a lot of people uh poses if they are yuzan's a little bit uh a lot more about words or a lot more about action and a lot less about words and you really need to listen to what he says because he does a good job and he really stays pulsed in uh with the company as well very cool wasteland wander that's a cool thumbnail man good evening to you very cool stuff glad i met you brother from another mother climate's always changing yeah i i'm kind of an apolitical type of fella i i don't really like to buy into a lot of that stuff um my philosophy is really really simple and i thought this was something that joe biden kind of missed on the address state of the union this week you know that there's heckles in the gallery from one side of the island and then some from the other i think everybody's missing the point i think people are too busy being bipartisan um or partisans i might add um and i think if people would just sit back and be a human being for two seconds i i think believing in global warming or not is not the issue i i think you have the choice either way but i think my thing is why not do what it is that we know that we can do why not allow this technology to be leveraged in the marketplace uh if it fails no problem but there's some serious validation going on right now to suggest that some of these technologies are very real and that they do absolutely have a place in the in the marketplace and it's going to be fun to see uh some of these things really take a foothold and really start to turn back value in so far as there was one question in the group here that asked how big of an impact they could potentially make well that's a good question i i guess in in year one i guess it would be fairly minuscule in year five it would be bigger than year one and in year ten it would be bigger than year five where could the company be in allowing institutions to chew into their uh consumption or their production rate and realize back some of that into that circular economy we talked about you know i think any step toward the potential of taking a bite out of our yearly uh production rates of plastic i think it's a step in the right direction because the disconnect that i talked about at the top of the live stream is very very real and i think we've got an awful big bridge to gap i i think the key is to start on that evolution of understanding what it is that's possible and once we understand what is possible we can start to kind of articulate where we go from here so really appreciate you guys fantastic thank you for the question ever clear boy great point ryan always these limit orders patients see up exactly i mean that that's that's legit it's a little bit of learning um but but it's okay i i think right here it's a ground floor opportunity i i think it is relatively unknown i know that based on the volume that i monitor from day to day um unlike yuzan he says he sleeps easy and doesn't watch the stock i don't believe him that's all right i do enough watching this talk myself i'm fascinated by the story i'm a student of it and i've got enough discipline coming out my years that i don't um i'm long the shares so monitoring the stock is not an attempt to say i'm already up huge i could exit the position you know on monday with a nice profit and i'm not i'm not in it for that i'm not in it for that at all i i think my first look at the company will be a year from now when we're looking at r3 from from now until then it's a feudal effort but it's kind of fun i'm a dork i like stock market investing and i think that's kind of why you guys resonate with the channel because you um own a small piece of it and whatever small contribution you're making to your own lives uh in empowering your own personal journey guys so we'll sign off for this evening went a little overtime tonight why the hell not it's my project i can do what i want but a big thanks to yuzan tonight that was a special special show and i i hope you guys found some value out of it as well so guys enjoy the rest of your weekend i appreciate you tuning in to the fastest 60 minutes on youtube be well and we will catch you next friday on the independent investor channel live stream guys be well and we'll see you next week