 And welcome back everyone to the Independent Investor Channel for a very unique opportunity, a panel discussion and reaction on the webinar that was hosted by Upper Management for Aduro Clean Technology. We've got a group here of who's who in our close network of those who closely follow the story as we close out 2023 and enter into 2024. Very exciting times. Joining us here is Penny Queen and I'd like to, without further ado, turn it over to her to get her natural reaction to many of the takeaways that a lot of us were able to take away from the webinar earlier on this week. Penny, welcome to the channel. Merry Christmas to y'all. Kick it over to you. Merry Christmas. You know, it was just further confirmation. I think anybody who's following Aduro closely, which I believe most of the retail investors are, I don't think people are investing in Aduro the way they invest in other stocks. It's not random. They're doing research. They're following the company. So I think for everyone that watched, it was confirmation of everything we've seen throughout the year. What they say they're going to do, they do. They do it at the speed that they say they're going to do it. And everything is always better than described. So the big thing for me, as they were talking about their progress through Shell, Mary, I had to steal your line that they have failed to fail. I've talked to people within people that were with the Game Changer program before and they confirmed my suspicions that it is set up as a gauntlet, that those first few stages are very difficult and not a lot of technology makes it through. So earlier in the year when we had the update that they, you know, going on to phase four, that was really big for me because, you know, the fact that they're allowing Aduro to use the name really, you know, to talk openly about that is massive. The new customers, the client engagement program, every time there's announcement that they're adding someone, it is someone big. And they're being vague as they have to be because in, you know, in the small cap, how even in the large cap in the venture capital world, the names are very important. And it's something that the companies, the bigger companies trade with and having one allow you to use the name is so big. But to know that the other companies involved are multi-billion dollar companies, it really doesn't take a lot of work to narrow it down and have your list of suspects. So I'm gonna, I'm gonna not put out who I think those companies are, but I think I've narrowed it down to about six. And, you know, it's, it's pretty, I think if anybody really looks at the facts they have, they'll, they'll get, they'll narrow their suspicions down too. So I'll just say overall, it was a great confirmation. What I know about the company is that the technology is solid. We're hearing more and more, you know, when you hear from Eric Appleman, you know, that it's better than he thought it was. And it was enough for him to leave his very, very solid and secure job. I am just excited that I, that we as investors are having access to what, what truly is a venture venture capital opportunity here. I mean, it's not, I'm not looking for just a double here. So there we go. That's, that's my review. Excellent. Mariusz, what was your initial reaction on some of the wave tops that were provided in the webinar this week? Well, for me, when I was listening to it, I actually texted Yazan while the webinar was going on. And I just said, Eric is amazing. It's just like you listened, you listen to this guy and you realize what you're sitting on. It's just, it's just unreal. But I do want to talk a little bit about, you know, the sentiment and a little bit about the stock price, because Aduro stock price has performed quite well in this environment in comparison to other micro cap or small cap stocks. And because the other stocks have been absolutely decimated, 80, 90% down, that impacts Aduro, because even if people believe in the story, even if people want to get shares, they have been so decimated that they're out of liquidity. And that's what I see over and over and over. Yeah, I like the story. I like what they're doing. I'm a little skeptical, but I'm just out of money. If I may just interject here, I think to your point, Mariusz, what I've seen is literally the fact, and this is not me, like I've shared with you and Penny and Ryan, different videos by Canakord and, you know, the bigger kind of players in the micro to mid cap space. And you will see that all of them have said we have not witnessed eight or nine subsequent quarters, where we see drawdown after drawdown, these bankers and these brokers are broken. I know for a fact that, for example, Canakord had to lay off 70 people this year. This shows you how tough it's been in this market. So what has happened is, as you're saying, Mariusz, I think for the last two years, a lot of people got decimated. And naturally, what happens is, when they see a winner that they have, what they do is they're like, Okay, well, I want to hedge my bet. So they participated in the 93 centuries, they're going to sell, you know, if they're up 20, 30%, they probably don't even follow what the lure is doing. That what they're trying to do is they're just trying to massage their account or their clients' accounts, because they're trying to go back to them and say, Hey, we are not that bad. We've, you know, we have done some performance for you. And that unfortunately hurts a stock like Aduro. But it's very temporary. The other thing that comes a lot again to the share prices, guys, look, there's, you know, a few mini shares between warrants and options. I think my count is about 6 million, according to the last financials that they had that are in the money. Now, the 50 cent ones, they have till 2025, the $1 ones, they have till April. So the way that I look at it, it's an opportunity. If it's 6 million shares roughly in total, it's an opportunity for the people that are now able to come in and buy in at these levels. If that was not there, you would have paid way more. That's the reality. Now, the other thing is, remember, a lot of people come and say, you know, if they were like more institutional buyers and, you know, that would give us, you know, the confirmation that we want and things like that. I've covered this so many times when we talked. I recall when I mentioned two marriage reports, there is kind of a certain requirement to certain market gap that allows institutions to come in. And that's just a matter of sizing. So imagine if you are an institution and you want to buy, you know, if you have $400 or $500 million under management and you want to buy 1% of the portfolio in Aduro, you cannot buy $4 or $5 million worth of Aduro in the open market. You can't. You're going to pay up significantly. So what they do is, they wait for a certain market gap, a certain liquidity or a certain some of them, they say, we want you on NASDAQ because it's way more liquid. So it gives us an opportunity to be ahead of the curve. I did share with you guys earlier this morning an article on Forbes talking about the theme. And this is, to me, to go back to my, you know, all throughout 10, 15 years of investing, I always think if you're ahead of the curve and you find the themes, a lot of your mistakes or a lot of the company's mistakes can be forgiven. So if you were in any telehealth stock during COVID, you had a lot of upside, which we did. I had a couple of those and they did significantly well. If you were in, mind you, the cannabis play in the early sixteenths, you had a lot of room to succeed because no matter what they do, the theme worked. This year, if you were in AI, you know, it gives you a lot of leg room. Now, with Aduro, we have a theme that the big boys are talking about. We're not talking about, you know, the three of us here, we're talking about the who's who are basically saying that this is a theme that we want to invest in. And I think, Ryan, you pointed out that there's planned to invest up to $100 billion into recycling by the, you know, by the majors. Now, do I want to wait till the point where this becomes mainstream and there is an ATF and there is no, you want to be ahead of the curve? And the other thing is, do I want to be ahead of the curve with already, you know, like a company that has a billion dollar market gap? Realistically, no. I mean, we want to have the biggest alpha. And to catch the biggest alpha, we have to accept this volatility. We have to accept that, you know, there might be a raise in 2024. So what? If they add another 5 million shares, that's okay. But the reality is you're gonna be able to make that in multiples. And I truly believe in it once this thing is, once we get the tape on microcaps again, and I believe we will in the next, you know, called 12 plus months. But I also think the theme becomes very important because right now it's not a crowded theme, meaning you don't have many public companies that have a unique technology, that have proven technology. And, you know, that's the other point that, you know, Mariusz and Penny covered in yourself that is trading at, you know, 77 million Canadian or 70, 60 million US. These are very unique propositions. And I think people should look at the other side of the trade, not just why is, you know, someone selling here. You should look at it, okay, well, I've got an opportunity and it could be a limited time opportunity because we don't know once these shares, the warrants are out. You know, imagine this, like, let's argue for a minute. And I don't know. But for a minute, let's say that one of these four multi-billion companies or the 20 companies that are that Eric mentioned that are highly interested. Imagine if one of these guys comes in and says, you know what, we are going to sign a partnership or we're going to do a license deal, even though it's earlier, they could do that because these bigger guys, they to them throwing few hundred, few million, but is a small way to kind of for them to be ahead of the curve and to lock in, you know, to lock in themselves at an earlier or better terms than the others. So do you want to wait to play this game of like, I might game the entry? I don't think you can because you can't build enough size in the stock anyway, doing that. I just like I'm being honest. I don't know if you can buy today a few hundred thousand shares without impacting the stock. I'll stop here and hear what those were. Mary, just give me one sec to interject here. I think it's important for viewers to understand and Yuzan, you hit the macro just perfectly, but Chair Powell just said it on the last Fed meeting when it kind of released a little bit of euphoria into the market, signaling where we're going to go in 2024, but secretively and nobody is talking about the emergence of the Russell 2000. It's now matched the returns of the NASDAQ just here in 2023 and it's made it up in the last few weeks. So I think we need to be very, very careful in referring to a microcap and a small cap space that over the last couple of years has been quite frankly discarded. That has shifted and I reserve the right to be wrong on this a little bit, but it's fair to acknowledge a little bit of positive breath in the space that over the last 24 months to say has really been discarded. Mary Yuzan? I wanted to go back to one piece that Eric Oppelman said and it kind of ties back with what Yuzan was saying. He was talking about most of the companies using 100-year-old technology and just improving it a little bit and he was talking about there are 70 companies that are all doing the same thing and there's one aduro that has unique technology with a unique solution. It's one thing if this statement came from offer. He's been doing this for some, this is a guy that like Espen he said left a stable job, was skeptical, thought that they were going to fail, didn't think he was going to work, telling us that he's aware of all the technologies out there because the place that he worked at Brightland that's what they do. That was their job to know all the players and what all the players have to offer and he came out and says 70 technologies are out there. We are the best and there's nobody that comes even close to us, nobody and we're sitting at a 60 million market cap on a technology that solves a worldwide problem. It's truly unbelievable. Penny? We talk about the stock price a lot and I know that everybody here is watching it pretty consistently. I'm looking, I want to see what the volume is like, I want to see, I want the stock to be where it deserves to be. Maybe I'm a little bit greedy because I do not mind this slow approach because every time the company proves a little more, I know that we are going to move up and we're going to have a new bottom. It's going to happen every time but in between that space, a big company can't come in and pick up five million shares. Well, a retail investor also can't come in and pick up everything they want all at once without bumping the price up but every day you can pick away at it. I doubt there's anybody here in this virtual room that hasn't increased their holdings this year. As much as I want the company to be recognized for just how good and how different it is, if it takes the world a little while longer to wake up, that's okay with me. What would we have three ratecups coming? Something like that? Okay. This space is going to get more active. There's going to be more eyes on it. Go ahead, take your time. I'll just stack my shares. That's fine but when we talk about how different it is, this is the science of it that enthralled me the first time. I would say there were two things that really got me in. One, understanding with the background as a firefighter, pyrolysis, you know, that was, I got it. When they explained to me how they were basically taking these molecules apart in this very accurate way, leaving much longer, more useful, more valuable chains, it made perfect sense but that it's lower heat, it's lower pressure, and massively higher yield. If I were a Dura, I would be pounding the table on that. I appreciate that they are a lot of engineers and that is not their way but it also brings me to the other part that I appreciate maybe even more about the company because we all invest in the small cap space so we've all been burned. We've all seen companies fail to execute. We've all seen them flat out lie. So to have a company that integrates their, they don't earn shares except for when they are doing what they said they would and they laid it all out before they even went public. They said, this is what we're going to do. This is when we're going to get our ownership. You don't see them selling shares. You see them, you know, exercising options. So that to me is all the confirmation I need and watching the team grow with who's being added. So I cannot wait for the next name drop. That's what I'm really waiting for but I'm going to keep buying all the way. Yeah, I want to, I mean, this is a great segue to something I wanted to go back to because we keep getting, I think, Mariusz, Benny, Ryan, everyone comes to, people say, well, we don't know for 100% sure that the technology works and I'm like, really? You don't know after, you know, they passed the midpoint of a game changer or shell and they said, as you guys mentioned, like they said clearly the point of the midpoint was to force it as much as possible to fail and to fail to fail. Then Eric Appelman, two years watching it from outside, then said, I haven't seen anything similar to Mariusz's point, 70 other technologies and they keep, they beat them by miles, not even closely. And again, I want to remind your audience, guys, we're talking about technologies that are obvious are billion-dollar companies and they're failing and yet people are buying their shares because they believe, I'm going to say the idea that the theme is going to have a significant impact. So they're going to see a big alpha on their investment. So that's something to be aware of. But the other thing is the concept that when you have a company, a multi-billion-dollar company, like let's ourselves, as Eric said, put yourself in the customer shoes. If you're a multi-billion-dollar company and you started testing with Aduro, if you're not seeing something significant, why go 4.5x your budget on testing? Why? I don't know why would anyone come and say, you know what, I don't like the results, but I'm just going to go 5.5x my spend just to see maybe twigs or other feedstock. The reality is the following. That article I mentioned maybe, Ryan, if you can at the end, just include it at the bottom. The article by Forbes was saying that one of the biggest challenges that the recycling industry faces is that they're all competing for the same feedstock, which results in that same feedstock becoming more expensive, resulting in recycling companies having shrinkage in margin. Aduro doesn't need that. Aduro is in this nice space where they'd love to take all that feedstock that no one wants and they can handle. Contaminated, mixed waste plastic, things like that. The issue is that the others, the pure cycles, the AGLX and the other 70 technologies, they need the cream of the crop. They need the sub 20% feedstock. That's what their technology can work on. I think this is a lot of like, it gives us a lot of room. As I said, one of the biggest things in investing early is that you want to have so much room for downside protection. Well, we have so much room for downside protection. Let me also use what Errehead said. Errehead flatouts started by $3 to $5 and then they moved it to $380 to $560 or something like that, 10 in 12 months. That's 270 to 400% on, if you have the right size, that's significant return. But they also mentioned $100 million at that point. That was like a few months back in IP. We're not even 100 million market cap right now. We're 77. It is mind boggling how much scrutiny there is because exactly what Penny mentioned. A lot of people got burnt on other names, so they are putting significant rigors. I appreciate, Ryan, you being very balanced in the way that you talk about technology, but at the same time, we can't hide from the facts in front of us. The fact shows us that no matter how we slice this thing, it's undervalued. Now, do you want to be that person that waits and waits and waits till you get your confirmation? Sure. We can't tell you what to do, and we're not financial advisors and the same story. We own shares, so we're biased and all that commentary that we have to say. But having said that, the opportunity is there for the taking, and it may or may not exist at these levels for long. It's up to people to act or not. I will say that on the topic of whether the technology works, I will tell you whether it will work for people. When the stock is over $3, the technology will start working. You're not wrong. I think if FOMO hits in the stock and the stock is actually trading, as you said, $3 or more, suddenly everyone wants it, and that's when you're going to get a crowded trade on this thing. So long as they continue executing, there's going to be a point where this is going to be a crowded trade. But the questions always do want to wait for that crowded trade to happen, or they're going to be early. And I know that early until, as Ryan was saying, until eight weeks ago, we didn't have a breadth that supports being early in small caps. Now, small caps in the U.S. is like $2 billion plus in microcaps. So they're starting to get kind of a pulse. Microcaps will be next. And I think I'm of the view that we will start seeing that in the next 12 months, so long as they continue executing. But I don't see a reason why not. You don't see an insider putting $600,000 of their own money after 13 years of being in the ring. Again, you don't see a CFO putting $150,000 in exercising warrants when the stock was 90 cents. Just because, you know, they are first-hand people that are seeing way more things than we are. And as I was told many times in life, there are so many reasons for insiders to sell, there's one reason to buy. And, you know, they are, they, you know, they keep buying shares. So that's also another confirmation. A lot of the takeaways I took from the webinar. And again, I want to invite the viewers, if you did not have a chance to review that webinar, our closest and easiest access to it is to follow Aduro Clean Technologies on Twitter. I find that to be the easiest access to information. But for me, I really appreciated the further definition of the customer engagement program and the three tiers of potential revenues. Ofer spoke about, you know, the initial time frames of three to six months for the initials. You know, we talked about the technology working. We've talked about the stock price. But I think their execution along what was disclosed, the five majors as well as 20 additional interested parties that Aduro holds dossiers on, is going to be really an area of focus for me to see how they execute along this plan and how they graduate, you know, your lower tier customers or your minor needs as Eric so elegantly explained. We didn't have color on that prior to how they were really going to put numbers to that customer engagement program. And I really appreciated that, guys. But I tell you, when I looked at that timeframe and saw 2027, just to bring it home, $3.50 is not going to move the needle for me. I've got a first look at $10 on this thing. And if they can circumvent being bought out, this technology, everything I've looked at and all of the attestation by upper management, $3.80 is not going to move the needle. I think inevitably we will be there. But if something that I was able to take away from the webinar and just keep it a little bit neutral and not get emotional is that Aduro has doubled down on this, you know, three-year time horizon to make sure they're provided ample time to glean the data off of R2, alluding to those renderings going into R3, maybe as early as the back up of this year, but probably early 2025. And I just want to encourage investors really to look at this the way I do as a value play. I don't look at this as a penny stock. This is a value company. And the only way to invest in this is ultra long. And not to suggest you can't make money in the short, but an ultra long with a first look for me at $10 is where I'm at. You'll back, Benny. You brought up something that I think is really important. You said as long as I can avoid being taken out, somebody else buying them, well, look how far they've come and how much they've protected ownership. Every time they do a raise, it is reasonable. It's exactly the amount they need. So they're being good to shareholders. They're not, you know, they're not doing big, big raises, diluting us. They are keeping it as tight as possible. And that's because they clearly own a lot of the company. It dilutes them as well. But they're not given 10% of the company to somebody else so that they can get something done. They're proving things enough so that when they go out for a raise, it's people like us, it's other investors that say, yeah, I'm in. And then we all buy whatever it takes to get to that next stage where they prove it further and further. So I think they've demonstrated a willingness to grow at the right speed, at the right size each time. And I think that's critical to their overall execution for shareholders in the long run. And yeah, you can play this as a day-to-day play. You can play it as, hey, what's the one thing that's going to protect the rest of my portfolio for the year? Or you can play it, I think the way all the busts are, where it's, let me get this to the stage of being fully developed. Let's see where we're at there. And we've seen other companies get their version of a commercial plant up and have astronomical increases. And that being with one type of plastic, not plastics, oils, renewables. We're still really only talking about one of the three verticals of this company. And I appreciate the way that they're not being cavalier. Everything they do is measured like an engineer would do. Yeah. I'm going to add one last comment and then I'll hand over to kind of you guys. One last thing that I really appreciate what Adura's done is if you look at the major names in the space that are all mainly kind of paralysis or, you know, some iteration of it, you still find the same scenario where you'll find them that they're kind of associated with a name or two. So if you look at Agilex, they're kind of in, they're hugged by ExxonMobil, namely, if you look at Purecycle, they've licensed technology from Procter and Gamble. If you look at Mira, they're in bed with Dow, which is not bad. I mean, I'm not dissing what they're doing because they're found a funder that is associated that will provide them the feedstock, will provide them some money, will provide them the kind of the credibility so that they can raise money. But again, it's a central unit. It's the same old technologies that we've talked about before. So what I really like about Adura's technology is on the one vertical that we keep talking about, which is the plastics. They right now have four multi-billion dollar or three multi-billion dollar companies there. Now, why is that important? Because they haven't had to give away exclusivity to any of these. What does that mean down the road? It means that you would become very important to each one of these as the story progresses, as the testing continues, as success happens. And at one point, there will be conversations to be had about, how do we license? How do we get exclusivity on something? And that is where it becomes very interesting. Now, imagine the 20 dossiers that Eric was talking about. What happens to that? At one point, there's going to be a premium that has to be paid. We don't know what that premium is. We can speculate. But again, just because of the liberty that they have by not being just hugged by one of these names gives them a lot of liberty, gives them a lot of room to grow and not have to cave with one of them. Then again, on the heavy oil side, they have this confidential multi-billion dollar company that is also, again, no exclusivity. They have Prospera, although Prospera is like a tiny company. Just think that what they're doing from, and again, I think because they are engineers, as Penny mentioned, they're also significant shareholders. They do realize that this is the way to create competition on the ultimate game for them, which is whether it's a buyout or it's some form of that. I think that so far has been very impressive for me. I want to touch a little bit on the theme that Yazan was talking about. I want to mention a company, PureCycle, because all of us watch PureCycle. PureCycle has a market cap in US dollars over 600 million dollars after they defaulted on the production goals for the 500 million debt. I'm going to repeat it again. They have over 600 million market cap after they screwed up the production goals. That just shows you the appetite that there can be for a solution like this. We're all biased. PureCycle doesn't even come close to what Aduro has. They have 10 times the amount of debt and 10 times the market cap that Aduro has after they screwed up. That's the theme that we're sitting on. If we can get a little bit of that theme coming on the Aduro side with such a small share structure, it could get very interesting, very fast. I think the roadmap over the next three years certainly will become interested. There was a question that came through during the Q&A session. I thought it was a little bit premature about uplifting to the NASDAQ, and I thought Mayna did a fantastic job of addressing that and quickly alluding to the fact that the company just went QX, which I think in and of itself is a milestone for the company with regard to the audit scrutiny that the company will endure as opposed to being part of the larger pool in OTC markets. I think in due time that will be inevitable, but I just appreciated his comment on that because once you uplist, and I've seen this before on companies that I've covered once you uplist, you now get a target whether or not you want it or not. I think just to allude to what Penny was talking about earlier on in the discussion, I like where we're positioned. That might be my biased position, or as you might suggest, Mariusz Wright coming from more of a bullish perspective. I try to draw down and be as neutral as I can on that, but it's very, very difficult to do so because not to use Eric Appleman's words, they've internally scrutinized this, and Nairia have found a problem specifically with the technology. I'm closely monitoring it. I'd like to see some emboldening of the financial statements, some strengthening on that. I wish I would have heard a little bit more from Mayna on the webinar with regard to a little bit of forecasting. We heard some numbers come through on these customer engagement numbers in the 25-50,000 on the low end, 100,000 on the higher end, and then Ofer actually threw out the million-dollar mark as the collaboration stage, presuming that they can move through those stages of customer engagement. It certainly added some color around that, which I did appreciate. But yeah, I just wanted to add to that where I just think we need to be a little bit patient on rushing this company to the NASDAQ. Yeah, I just want to add to one point. He did mention that the testing at this stage can be anywhere between, I'd say, if I recall, it's $100,000 to $300,000. The way that I look at it is, literally, that that is another lever that they use to reduce dilution because warrants coming in means that cash is coming in means that they don't need to dilute. But the fact that these testings are happening is literally another source that reduces our burn while the company is learning more, while the data is coming in. Because I heard one of the comments that I read. They were like, R3 is now going to be in early to mid 2025. They said end of 2024. First of all, 6 months is not even a surrounding error. But let's think of it from another standpoint, which is when you're testing a new technology, the best thing you do is you get more data. And here's the funny part is you're testing at the expense of someone else. So if someone else is paying for you to test, get more information, more intel, then move to the next scale. Sign me up. That's a smart business decision not to rush things up. Now, having said that, they are in the as overset, they are in the process of, you know, moving towards R3. My thinking, though, is, you know, again, I always like to look at it from both sides. If the other side keeps seeing good things, do they really need to wait? Do they not come in and say, we want to have exclusivity on something, but we're going to fund this R3? It could happen. So I think the possibilities here are a lot. And that's why I think I get extremely excited whenever I hear the business side. I get equally frustrated about the market cap. But I also, I try to kind of, you know, think of it like, this is truly a pure VC play. I don't think if you're putting your money, think it's better to think of it as if you buy it 80 cents us or a dollar us or whatever. It doesn't really make that bigger difference because people like yourself frying and panning everyone on here. I don't think we're invested for this to be a it's either going to be a 10x or it's not that those are the two options that I think I don't think it's it's somewhere in the middle. We're starting to approach the 45 minute mark guys. And I just want to give a plug and a thank you for Marius and Penny for making their way on the biggest thing I can make. They're both future channels, the independent investor channel. Please seek out their information. They are held in the highest regard as far as I'm concerned for covering the microcap space and we're lucky to have them. And a final thank you to Yazan as well. Your insights are invaluable, my friend. Thank you so much for the time. But I want to give everybody the opportunity as we close this down in fairness to our viewers here try to keep this around 45 minutes an opportunity for a last word and perspective and reaction to the webinar from earlier on this week. Anybody can take that panel. Thanks. I'll go ahead and go. I basic exactly what I said before it was further confirmation of everything we've seen this year. We're picking up momentum. We're picking up lots of big players in the industry, which is further proof that they understand our technology is real and the company is doing right by shareholders. So I'm in. I'll go and say first of all, I want to thank you. Say thank you to the adurity. I really think that, you know, a lot of times we forget the people behind the scenes, the 15 plus people that are at the lab, the people, the business that the actual families that are actually driving this to after 13 years to get it towards that. And extend that obviously to offer Eric and Nina and they even the rest of the team. And I want to say, you know, clearly thank you guys, because if if it wasn't for the three here that are talking about this name, then this name would have been, you know, they would have had to dilute further. They would have had to go other means to get to where they're at. So I think getting the word out is something that is very important. And also when I'm issue wish you all a Merry Christmas and happy, happy holidays. Okay, I'm going to go last. So the thing that I wanted to say is that the way the way I do roll, we covered a duo. All of us is just information. We're providing you information about the company. Now, if you like it, do more research. If you don't like it, change the channel. Okay. But here's what we have. We have a worldwide problem. And we have a company that has a solution. And we have indication after indication after indication that there's a solution. All this is happening while the micro cap space spoke up space has gone through absolute devastation that we haven't seen in 25 years. The Fed just said they're going to raise lower interest rates. The raising of interest rates pulled out all the liquidity from the micro cap space. Now they're going to go the reverse. So I don't know if I've ever seen a better setup for the micro cap stocks in general to just knock the socks off everything. And I'm talking about good names. If you're sitting on bad names, nothing is going to save you. But if you're sitting on a good company, good business, good technology, good solution, during a time where I think the tide is going to turn, it could get very explosive. And we all believe that our duo has the goods and our duo is going to benefit from it. And we all put money behind this. Now, as an investor, it's your choice. Do some work and see if you see what we see. And if you don't, that's okay. There's plenty of other names that you can go after. So with that being said, thanks, Ryan, for doing this. Thank you, Mariusz. And I'll close by saying this. Do your own due diligence for sure. If you decide not to, that's okay. Just as of late, I've decided to double up my position on a number of different fronts. We've talked about valuation in this panel. We have talked about the technology. We have talked about the strategic direction, the addressable market. We have talked about the solidification of the team and really the expansion of the team globally. Eric Appelman being one of those really nice bullish pieces for me as to the leadership in this. And it really fits into my holistic picture of this just being one of the best opportunities that I've seen in my 25 years of looking at investing. Maybe at 10-axis. Maybe it doesn't. That's for you to decide. Going into 2024 as we close down 2023, I want you to realize a couple of things. There was 110 patrons to that message. Me personally, I was a little disappointed in that. With the magnitude of this opportunity, I would expect that the floodgates do at some point eventually open up on this name. Shares will become in short order hard to get a hold of. Better to get in early than to get in late. If you're waiting, I don't know what for what. We will continue to provide as much transparency as I can through our three networks. So stand by on that as we enter into 2024. Subscribe to each of our respective channels. Have a Merry Christmas to all. Thank you to the panel for your time. Be safe and we will catch you next year as we reconvene on the Aduro Clean technology story as we evolve in 2024 and beyond. Thank you to the panel.