 And it's my great honor to welcome everybody back to the independent investor channel on a live stream on Friday Yes, indeedy-dee-dee-dee. This is live live live Coming through to you from the earthquake prone New York City. It was sitting on my couch today and I was Jockeying back and forth and after it was all done. I was like man. I just lived through an earthquake I can scratch that off the buck a list. That was interesting Kind of kind of crazy a little aftershock this weekend. Hope everybody is okay. I haven't heard of any type of Any type of accident outside of a few photos or pictures falling out the wall But nonetheless kind of disconcerting kind of a nice analogy for this Friday's live stream with regard to the market action We've rolled off a little bit to start April. That's totally fine What we're gonna talk about is if you are in fact enjoying Getting ahead a little bit in life both financially spiritually Dietarily and just all around kicking some butt You're probably deploying some of the fundamentals that I'm gonna talk about tonight on the channel These are fundamental attributes of people some have everything to do with investing Others have absolutely nothing to do with investing But if you do ask yourself and you make your way to the channel You'll find this somewhat refreshing I think that for the like-minded people as cash use has so elegantly identified in the in the group here success comes in a lot of different forms and fashions and It is indeed individual in nature, okay Some people out there get it fairly easy. Some people get very lucky Some people are brilliant and they can aspire to a career that is Absolutely above average if not way above average and jump ahead financially Others do have to work for it others in fact will Take on some level of inheritance to help kind of accelerate that and that's all good, too You know, I think the cool part about this deliberation is it really just is in and of itself about life and the lifeblood of how we navigate through this life and Along the lines of financial stewardship and discipline It certainly does strike up a discussion in the face of common practice To dispel some of the notions that I believe actually work for people. I just saw a feed this evening from Dave Ramsey Somebody that I do think puts in a wonderful body of work with regard to helping people With debt reduction but equally comes out with idiotic statements somehow as to why he needs to provide Reasons to people through YouTube as to why exchange traded funds are no good Funny enough. I've owned a exchange traded funds for many many years You will not get them recommended to you by a financial planner. That's not gonna happen Why because they don't make anything on them, okay? Dave Ramsey and his empire of financial planners only make money when they can assess higher than average fees to you to manage money, okay and and somehow promise to you to Provide some level of track record of beating the market year over year Maybe does I give credit if there's credit there to be had and Dave Ramsey's group is The place to be for all the world to share and beat the market That's all great and plenty. I give it away, but out of sheer principle. I Would choose vanguard for the sheer principle And ethical application because it is much more in line with my philosophical approach to investing To in fact my top line tonight is you need nobody and to be independent in your application Be independent and a lot of people man. They'll make your way to the message and It's interesting because I get about 500 views and I presume that every single week It's about 500 views of very devout subscribers that come into the message. They listen to what I have to say I understand it's 60 minutes. It is not five minutes. I Apologize if you accuse me of being long-winded No problem If it's so much to where it affects your your your timing and your time is so much more important than mine to Come on every Friday. No problem. I give it back to you I yield go find something else to do with your time. It's no problem, but for those that actually understand and get it My philosophy does really drive not to accept as a matter of fact a scoff at and if not all together discredit a lot of the information that is out there that would Distract you away from my singular goal and that is to cut out all Influence to cut out those middlemen Okay to cut out Those people that would have you believe that the only way to achieve some level of Financial riches in this life for some sort of financial security in this life is to seek out the services of a third party and for a lot of people the tough part for me is to get people to understand that an ETF investment owned over time is in fact what I contend as an independent investor Will give you the ability if housed within that tax protected Roth IRA And enjoyed over many many years as a low-cost entry to Exposure to equities here domestically in the United States That's where I'm domiciled. That's the equity market that I seek my exposure through And and and I don't need to opt for the services of a Dave Ramsey empire Because I opt to seek my performance Through the exchange traded funds. I didn't watch the video. I don't know what his problem is I have done something that escapes a lot of people in stock market investing through ETF investing and that is bottom line Make money. Okay. Now. I'm quite certain. I am quite certain that Dave Ramsey as an agenda to make sure that people understand that if people are coming and paying his empire to somehow Make them think that they're being provided a strategic edge in the market. Everybody's got a motive everybody My motive is to have you seek out independence Be your own best Advocator if you feel like somehow coming into the independent investor channel is costing you money Then leave I Don't want you here. Okay. I Will do this podcast. That's what makes me very very special on social media is that I love doing this project I don't care how many people come in I've missed some of the old days of some of the people coming in and sharing the live stream with me It's no problem. I can do it myself. I can operate on an island. I've always been that way It's no problem. I'm a leader and sometimes being a leader is Lonely at the front. It's no problem If that offends people that's no problem, too. If you want to come on and wrap with me It's a very very simple link there It's the second link in the discussion and comment section of tonight's live stream You can kick in and I've always chill in before the live stream I've had people before kick in talk to me before the live stream. That's cool, too Because what I do talk about here is to provide a little bit of fortification for your program That's exactly what the independent investor channel does every single Friday and it cost you nothing to do so Why because again while I'm focused on my program I expect you to be focused on yours as well It just depends on where you put the financial security element and the investing Application as a priority in your life. Where is it? Do you care? Are you getting ahead? When was the last time you looked into a mirror and wondered why you don't have two dimes to rub together? Perhaps maybe you're not gonna deploy a lot of what I'm gonna talk about this evening on the live stream Maybe you are and it's not working out for you and we're all idiots and we have no idea what we're talking about We should sell out and I'll go with Dave Ramsey I don't know if somebody wants to to let me know that I'm off off kilter No problem. Perhaps maybe the amount of net worth that I've built up thus far In my 46 years of life on a blue-collar color salary Maybe it's all a facade. It's not real. I have no idea But I give it up for you every Friday. I love doing the project. It's a lot of fun What it really comes down to it for investors is this I've got nine minutes and 33 34 35 seconds Into the live stream what it really comes down to is You've got the top 10 stocks in the S&P 500. You've got dividend ETFs You've got dividend bag. You've got mutual funds. You've got Bitcoin. You've got crypto currency You've got the bonds market. You've got high interest rates. You got the Fed. You got the chair. You got Derivatives you got an inverted yield curve. You got it all right and you take all this kit and caboodle and you You'll wad it up and you look at it You're like I have no idea what this confusing mess is all about this sucks. Help me Ryan. You're the man help me In 10 minutes of the live stream and this is usually the core nucleus I typically do not need to focus on the Apple and Microsoft and Google and Amazon and all those good companies out there That are just waiting to be plucked and be participated in as a potential investor if in fact That is an avenue that you choose by seeking your exposure. My friends it comes down to five questions five It comes down to five questions and it's how you answer these five Questions that is going to help you set a roadmap for your future on how you unfold Your own personal finance, okay? Hold on Ryan. God dang it. You're talking five. I need a time out already man It's like two minutes into the first quarter man, and you got me sweat. I'm really frightened Everybody has told me that investing is gambling Marty across the street told me that they invested five hundred dollars one time and they lost it all and they tell all their friends Don't invest in the stock market because it's the scariest thing and you'll lose every penny that you have by God Marty lost $230 Shit his pants and lost a little money and he's never invested again, right? So that means that everybody out there should look at investing through this lens of This person who has been who was ill-prepared for entrance into the stock market Lost a little bit of money and and and now is trying to prove to the rest of the world that it's all a scam, okay? my instance insistence is that Maybe you want to buy overpriced real estate now Maybe you'd like to do that on an advertised schedule You get in at six fifty seven fifty you end up paying one point five million over the course of that term Perhaps maybe I'd like to do that I'll bring it home a little bit closer Perhaps maybe you really like that 3,500 Silverado that's eighty seven thousand five hundred dollars. Okay Can somebody tell me in ten years what that? $90,000 truck is gonna be worth in ten years. I'll wait This is socially acceptable if I came on and I showed you guys pictures of my new 87,562 dollar truck you'd think wow, this is incredible Ryan's the man He looks really good in that truck. It's pretty amazing. What a successful fellow. He is oh Contrary mo frayer. I Would like to point you out that that is a 100% guaranteed investment Socially acceptable investment that will absolutely lose money Absolutely lose money within that 10 year interim. Okay now Comparatively speaking most people that don't have those two dimes to rub together don't understand how they can save a Few dimes and put a program in place to actually save some money. Here's here's the deal in ten years ten All right, you put twenty five hundred dollars away per year. That's about two hundred dollars per month Give or take stay with me. All right $200 a month get you twenty five hundred dollars a year times ten. That's twenty five thousand rule of seventy two would have you doubling in that amount To fifty thousand dollars. I Think people have a real hard time looking at the math and looking at the potential of savings and dollar-cost averaging over time and They really just have a hard time envisioning themselves actually being able to Accumulate any sizable wealth and I earmarked that at ten thousand. Okay one fifth of the fifty thousand dollar analogy Because I contend that by that analogy after year for you be knocking on the door to To to that level of entry to riches, but the irony in the whole thing is that? Most people cannot achieve that end. Okay, I see you there Mariusz man get set and I'll have you on the set tonight Man, just get set and give me a couple of minutes. Okay? Why is it that the statistics will speak to a $400 expenditure putting most people out there into some level of financial Ruin, why is that? It's because most people react to money Rather than be proactive on money Okay, it is more of a philosophy and a psychology in your approach to money in looking at how to approach this thing Holistically you'll listen to Dave Ramsey, okay? You'll listen to the big youtubers out there because they have your best interest in mind, right? Even Ryan throw them in that category right Ryan's got your best interest. I'm gonna follow blindly I'm gonna have no idea why I do what I do, okay? But I'm gonna follow all these entities and I'm gonna expect that these entities take me to the promised land, right? It's crazy So I've got a special guest tonight guys. I've got some stuff here I'm gonna have Mariusz on for as long as he wants to stay this evening I do have some things that I'll touch but really cool very exciting for me to actually have a guest on I will be back with you guys in just a moment man Go make yourself a drink set yourself in for a nice lively live stream This would be the last stream that I put through in a couple of weeks I'm going to the West Coast flying to San Francisco on Sunday yada yada yada We're post earthquake here, so we're looking to have a little bit of chill time on a Friday be back with you in just a moment Okay, so Mary use is a Self-made successful investor. He's gonna come on the channel real treat for you guys if you have any questions for him Leave them in the comment section, but it's a real treat for me as well Let's have him on and see what's going on Mariusz. Welcome to the live stream in got you on here on a Friday Happy Friday. Just chilling out. How are you my friend? Yeah, good. Can you hear me? Okay? Yeah? I got you loud and clear man. Great today. Yeah, I saw you pop I saw you pop up on my feet and I decided to pay you a visit Yeah, well, it's an infinite topic here. We talk about with this financial thing and I love talking about it I love I love helping people If in fact people are open to be helped. Yes Yeah, yeah, that's a big that's a big if Yeah, so what's what's your thoughts on how things have unfolded here in 2024 love to get your market pulls Certainly your your you know you own microcap strategies. I've mentioned it on the live stream. I Kind of consider you consider you a point on the microcap space and if my assessment is correct We've seen a little bit of action here not only in the small and mid cap space, but also in the microcap space It's coming out of a pretty dry period. That's for sure But what's your take on on on the landscape here as we've entered into 2024? You know, it's interesting Some of the names that are moving are the ones that Like are about to turn profitable or or they show the market that they don't need to raise money But overall the sector still is hopeless but it's it provides incredible opportunities because if you think about you know basketball and and What what was in? 2020-2021 It was almost like you were you were forced to take shots from the Halfway line. Okay, and now because of the pricing and the microcap space you're literally just under the basket and It's just so easy now to make money like for example The microcap space or the venture space think of it is People like to confuse it because people like to look at those stocks and be like well So-and-so is not profitable or so-and-so. It's not like Microsoft. Well Venture is supposed to be a place where young companies go To access capital in order to grow so So so so imagine Imagine building a house Versus a finished house that the small-scale space is you're getting equity into Those homes that are in the middle of being constructed. So you can't come in and be like, oh Well, the house is not retail ready. Yeah That's not the space for that, right? So you you have a situation right now where You know some of the companies went Listed in that space For the purpose of building the house and in the middle of building the house Investors give up on them Anna dying they said well, you're not finished yet. So therefore we're gonna abandon you So where I'm going with this is that I'm involved in In in I was involved recently in one company where You know, we got we invested through a private placement and literally within a month People like tripled their money because because the situation was so hopeless and After we gave them money It became it went from complete fuck-up to promising and that was enough to You know for people to almost like triple their money and now I'm getting involved in another one That I am like in the middle of you know of putting the deal together We are buying buying into a company that had that is on track To do a hundred a million of revenues and we're buying into it for 1.7 million like can you imagine and This is the same story that it's like You know, they were I talked to the CEO and I said, you know, what happened You obviously didn't want to be in this situation to be raising money at such low valuation. He said well, yeah we were on track of making some acquisitions and The idea was to become profitable and then while we were doing it the market turned and the market said We want you to be profitable immediately and that's not possible with companies It takes time to turn a shit like this but because the market gave up on them and The business is is amazing the kind of clientele that they have it's like if I read you the clientele you'd be like Oh my god, I know all these companies. I know all these entities and You know, we are coming in right now You know injecting the money into them and We are getting it for a song like it's just unbelievable. So I think that after we're done Getting into the deal I think the same thing is gonna happen where people are gonna double triple their money so quickly and it's not because we're geniuses it's because the market gave up on them and and send the valuations so low that We have the basketball or in our hand and the basket is like right underneath us Yeah, and that's why you know those opportunities exist and that's really what I focus on mostly is the Microcap space and yes, I hear the news what the Fed is doing and you know Meet Kevin rambling all the time about how it impacts nothing, you know, and yeah, you know But I just focus on on the small cap space. So that's where my thoughts are on that space I think over the last three years you you coin it. Well, I mean we drove one Specific company right into the hands of private again Because it's valuation dropped, you know, the company I'm speaking about I won't name it by name if you'd like to you can but That was a company that I interviewed on the channel Phenomenal company phenomenal revenues phenomenal government contracts and it got drove down so far that the hedge fund just stepped in and said Hey, we'll go ahead and pay. I think it was upper 50 cents per share I think the company was trading a less than 20 cents. So it over doubled its its its valuation overnight And they said to hell with it. I know the executive board and I know the CEO was like to hell with this We just cannot play in this environment And I think some of the opportunities that you speak about are a product now of going through The last three years of just completely being discredited as a credible market now the most You know, we will always have the majority of those companies that are looking to enter And by doing so you you you attract companies that maybe aren't ready And in an environment now with higher interest rates It does give that perception to those companies that may need to raise capital, right? If it sheds a negative light on those companies But I think for the most part when people look at the microcap space either they look at it They don't want to touch it or they have touched it or got too close to it and got burned So they'll never touch it again, right? So so so my question to you is here in 2024 Has the space improved enough to where we can actually pick those winners As difficult as that is it is not easy and I think you'll agree with me on this it is not easy but There are those diamonds in the rough in that microcap space that can be looked at that can be evaluated And if the right timing is put on that I I mean timing not timing the stock But putting the right amount of time to your analogy not being able to build the house in a month Getting pissed off pulling shocks and you're out, right? Sometimes these cap these microcaps they take multiple years to materialize So my question is and I'd like your thoughts on is this market for everyone or is it for that specific Niche of investor that can truly understand what it takes to succeed in the space Well, it's definitely not for everyone but Fortune will be made on some of the names fortunes And I and and you have to be very very selective which companies You know you you choose to be part of but no this is not for everyone. This is a space where I mean you have to have stomach for volatility like nobody else and you have to have so much patience because Like I kid you not some of these companies they drive me crazy so much that I want to commit murder Yeah, I know I know On the contrary And I want to get your thoughts on the obvious that some of the people in the audience would love us to talk about and engage Uh, I've owned some mega cap stocks that Got my stomach churning That were very very difficult to own I've been investing most of my life I've been investing in aduro for close to 24 months and it's been the easiest company that I've ever invested in So what gives if what you're saying is true? Okay And I I don't have a few thousand dollars in this position. I have multiple thousands which comparatively speaking Is is a relatively large position But as far as the fundamental and the value Investing element and where I think that they are going I think it's been the easiest company that I've owned. It's not one of those companies. I monitor it I'm an a participator in my entire portfolio as I monitor it as as a good steward of investing should be but The aduro name specifically is one that I look at With so much potential And so much inevitable catalysts Uplisting um a re-rating. I think we are marching toward an inevitable Cliff Okay, some stocks they inevitably approach a trough and they fall off. I think we're inevitably approaching a cliff That eventually aduro is going to go Straight up and you're not going to be able to buy a stock as you well know when it's going straight up along that When it does in fact re-rate and I look at the re-rate Somewhere in the four to six dollar range Right and then get some settling because I do think we're a couple of years away from getting that material return on on investments one Once the big reactors start to you know really get put into the place and they can actually start to say, okay Now we can license this technology and we can really put Some multiples on this in return on investment to aduro But just to kick over the obvious, you know stone here Let's talk a little bit about that because if what you're saying is the micro cap space is not for everybody It's difficult to invest in I agree with you on all all of that It takes a specific mindset There needs to be some preparation in in way of investing that allows you the mental App to do to understand what you're getting invested. I talked a little bit about this last week But why do I feel that way? Am I wrong? Am I wrong in feeling that way? Well, the the first thing what I want to address is you said that aduro has been very easy to own I think that You might be a little spoiled because And here's what I mean. You see no shit But here's what I mean like when you own up when you own a private company, for example and You know, you go from 10 clients to 100 clients Like you only focus on the fundamental improvement of the business and then you know, well, I added more clients I became more profitable or whatever or or I progressed asset If it's an asset, you know, I developed the patent whatever My company became more more more valuable With with public companies, you might have a situation where You are improving the value of your business the value of your asset But the stock price is not going in the same direction And what we had with aduro Why we're we kind of got spoiled and we kind of got lucky in a way is that Aduro was not known during the 2020 2021 You know By pictures of the monkeys for any price. It was not part of it. Nobody knew about it, right? And So we came into that space And it was unknown the stock was it didn't have a lot of investors And then it started getting exposed Because I started talking about it. You started talking about it. The others started talking about it So you had more investors coming in I think when at the beginning it had like maybe three to four hundred investors Now I think they have close to three thousand investors and at the same time the company fundamentally produced You know, they they signed up the shell Then then then now they have six multi multi billion dollar companies So we see the progression of the fundamental progression and we feel good because the stock price is moving moving higher Of course, but now if aduro was known during two thousand and two thousand two thousand twenty two thousand twenty one What would have happened was aduro stock price would have probably been twenty dollars Yeah, yeah, and we would have seen we would have seen it go from twenty dollars To one dollar While while the fundamental performance is happening We would not be so happy as we are right now We would not be saying it's so easy to own it because I have another company, you know oracle That I've been talking about since 2017 and that story was You know, they fundamentally did what we wanted them to do And because because there was so much hype during two thousand twenty two thousand twenty one The stock is still down 80 percent. Yeah, you know, and that's really hard to swallow It's like man, I've been right and I'm still getting killed And you know, and we didn't experience this with aduro So we're we're kind of you know spoiled in that sense well, yeah, I I feel spoiled and The way that it came to the public limelight. I monitor the trading action every day mariush And I I hear you the stock has performed relatively well But but think of let me say just one more thing think about this. Please do the stock since we got involved It's close to doubling. Okay, correct close close to doubling. It's I mean, it's it's about that level So think about this we had to have shell We had to have six multi-billion dollar companies coming in just to double Like are you kidding me? I know Like we like moved they moved earth And we just doubled Yeah, that was kind of you have to you have to be you have to win a noble prize Just to double. Yeah, that was kind of the point I was gonna make Is that as much as we can talk to or blue in the face What is gonna take to move this company? What's it gonna be? What's it gonna be that catalyst? I mean me and you are probably Amongst the elite group that talk about this There's a couple of others that have come into the fold here recently I just appreciate the hell out of their efforts, but does it move the stock? Not really not really We had every day down for obvious reasons this week, right with the expiry of the of the units and and the warrants expiry Being in the money and making sure that those roll off the book. So I get that and the stock has historically performed Exactly to par the way that it did this week if there's any predictability at all This week was predictable to a tune, right? Which actually saw me Picking up some additional shares. I actually added another 5000 block right at the close of market today So, you know added another 10 000 block in the in the shares. I'm getting up close to 100 000 I still think I'm shy of it But I I chalk up the action in the last couple to be this Yes, the stock has doubled We've put out some Minor to medium introduction I know people that hit me up and I didn't know the statistic of the stock ownership that you talked about going from 300 or 400 To 3000 I would go out on a limb and suggest this Retail investors are not going to move this stock um I think once the institutions start to buy this in large swaths I think we are going to see stock movement Like me and you know is capable and both look at and say Yeah, it is what it is. It's doubled. I'm not extremely excited about the stock doubling I I've monitored the stock action over the last couple of years And I would chalk it up marij to be muted in the face of a management that is on point With a company that has global reach That has patent protection And a moat that is extremely impressive and a three headed Product vertical that is second to none. We are approaching A catalyst and for the people who are here in this this evening It doesn't cost you a dime to sit back and just consider the prospects. That's it. It cost you nothing Me I know what the potential is and I know what the quick math is for you as far as potential Me and you my friend we are sitting on some serious potential here with this company only to Achieve what I feel like is inevitable through some very very marked catalysts some news for the game changer could be looming Last I heard we're still in stage four with game changer program, right? But in up listing we can both agree is probably in the best interest of the company And they will not move prematurely on that But once they do uplist Imagine the floodgates that open with regards to the potential and the exposure that those markets Irrespective of what me and you do on youtube think of the exposure that that's going to provide to the multi National exposure across the investment landscape. It's going to be it's going to be incredible And until it happens we're crazy When it does happen we'll be geniuses And all the while I'll still be the same fella and I presume you'll be the same Just the hell of a lot richer. That's all Yeah, but also you see we like to think in terms of catalysts or certain Certain news moving something and I had the conversation with it. He has on the other day. Yeah, and It rarely happened like if I look at some of the companies that I've been involved over the years News is rarely What moves it? It just goes out of nowhere for no reason for no reason and simply because people are accumulating large number of shares and You know to your point talking about I don't think this is going to go until institutions are going to get involved Well institutions are not really going to get involved until this thing is a billion dollar market cap And I've seen my stocks go Just with retail So It's just I don't know what it's going to be But there's more and more eyes every day on this you've seen You've seen the video of two two bit Da Vinci for example So now as we're speaking that video has 232,000 views right so Like more people are learning about it And more people will do the diligence about it in and and our efforts help spread the word It it's going to happen. And I don't know what it's going to be But the company is going to keep you know keep progressing Now we have six multi-billion dollar companies You know very soon We might have seven eight It's going to keep adding and then some of them it's like a pipeline right you you knock on enough doors Some of them will turn into clients some of them will turn into collaborators and When they turn into collaborators, I mean Imagine You know, I'm just going to use the name shell because that's the only one that's out there Imagine shell becomes a collaborator and now All the other oil companies know that shell has a solution for this for the plastic recycling They're going to want to know more about it. And it's just at some point It's going to be like boiling water. It's just you won't be able to stop it from boiling You know and a lot a lot of investors are just you know sitting there again La la la la I have a lot of time And for for the longest time, they did have a lot of time But at some point I've seen it I've seen oracle go from 20 cents To three dollars in a matter of 15 months It was like a rocket. There was no press release Nothing. It just went on a wild run um So it is your assessment that you think that at some time between now and then This stock is going to enjoy Some level of upward Momentum for for no for no particular reason, right? because I saw Specifically when the 95 percent Press release came out That really did put a jolt of lightning into the stock, right? So When I speak about catalyst and I agree with you on the I think at a hundred million. I think the attention Scope changes a little bit So i'm not necessarily sure if it needs to get all the way to a billion. I you know In either case we're we're fine right um A billion dollar valuation. That's um That's when we really need to take a second turn on this company and take a look on whether or not This thing is worth holding until 2030 right to hell with 2026 because Um, we're going to be having a different discussion But when you talk about one Stepping into that collaborator realm I really think that that's going to be some validation that I think is really going to Substantiate what we have been talking about for a couple of years and When when that level of validation comes mariusz I I think that's going to be a game on I think it's going to be awesome With regard to the folks out there that suggest that they have all the time in the world Uh, I have operated the last couple of years like I've had no time You know, my original position goal on this was 25 000. I'm about 4x that now because The the the conviction that I have over it does not necessarily relate to the stock The the the share price And the share count that I had originally And it still doesn't I mean, I wish I could get a million shares. I I can't do that obviously my position is relative to what I can do Um, and it's harder to it's harder to to get shares as the price Goes up, right? It was harder. It was easier to build a large position when it was in the 70 cents range Canadian than it is now the only company that fidelity has offered me a What are they willing to pay me 19 17 18 19 percent? It's the only share that I have in my brokerage account that they are willing to take and and lend those shares And I won't do it. Um, I will not do it But those shares are in high demand You mean a duro shares? Yeah, it's the only one. So it is the only one you mean the they offer that you could lend them to somebody too short 100 it's the only one I don't know where the demand is coming from I don't know But I know there's demand on shares because the float is anemic We're talking 20 million shares. Yeah, I mean I mean my goodness You own a significant chunk of the free floating shares out there That's incredible for the audience that's watching I mean, I'm not a small fry. I don't I don't know if I probably own like five percent of the of the shares that Yeah, they're available. They're available too. Yeah 100 but like what one other thing is like, you know Whether it's yazan you or me, you know, we're we're value investors. So we're thinking of fundamental terms So, you know based on based on comparable Companies that in that space we like to say well, you know, we should at least be You know 300 million valuation, right? Yeah, we're talking from the from the fundamental perspective you know, but You know, just I believe that there Will come a point of time where this thing is going to be overvalued based on the progress That they have made because I see Because that's going to be a problem because you know, we're looking at, you know, all comparatively we should be at this valuation like dude We are not comparable to these companies We are noble price candidate That the comparables are not like when the general public catches to this And believes That this is This is the company that solves the problem I mean Think meet kevin type of audience Graham stefan type of audience when they learn about this they're going to be paying They're going to be buying these shares quicker than they were buying pictures of monkeys Like they're going to go absolutely nuts. I mean look how nuts they are about tesla That's why I think that in 2024 We might be at a time that we reflect back on and we say wow, we had it right in front of us We had access to information. It was there. Okay. We didn't need to fear the information We didn't have to second-guess the information We didn't have to discredit the information Which is what we've been forced to do in the micro cap space for many many decades mariush, right? Because it's destroyed people Right because they thought that just if they could throw a dart at a dartboard that they were going to overnight become millionaires Okay the the philosophy of looking at that diamond in the rough and actually Fundamentally putting a position in it the way we do long positions in our value companies is kind of an unprecedented Blue ocean to be honest with you and I'm fine I'll sit on my blue ocean as long as I need to man because you're absolutely right. I I don't know Yeah, if there's followers to the channel, I certainly don't want them to try to Duplicate the aduro story because once aduro is done You're not going to be able to go back and pick it up at a dollar That ain't gonna happen That time is now Um, and that's exactly what I'm doing while people were out doing whatever it is. They were doing today I had that the second five thousand dollar block ready to go go through and I I was able to pick it up at 345 eastern standard time right around the time I got my aftershock from my earthquake this morning, you know, I was sitting on the couch Bouncing around. I was like, holy shit. I'm going through an earthquake. That's fantastic, you know But you know, you know, I was another thing I was thinking about is I recently made a video about tesla, right? Yeah, about the the first quarter Blah blah blah and I had some comments that are like Oh, I am more bullish on tesla than ever before and I didn't comment back But I'm thinking about like if you compare a situation of What these people have in their universe of investment opportunity tesla or aduro it's like Okay tesla is already valued at more than all the auto manufacturers combined I don't know. What do you think you're gonna make money on you? You think You're gonna make so much money that tesla is gonna be worth more than All the auto manufacturing is all the stocks together on mars pluto and everywhere versus versus aduro where like this thing Can go to 40 bucks and be reasonably priced. Okay, and I go back Going back to the investment that I had, you know with with oracle I have experienced this myself for my investment in oracle to go from $70,000 to 7 million Okay, and then I lost I'm down like 5 million because of this horrible market But I've experienced this before what it's like when this goes Now I over the last two years what I've been doing is planting seeds Planting seeds into similar rockets and This time around I think when aduro goes Yeah, I could see 10 to 40 million dollar of my portfolio right because you know, I own about million shares. So I know man Yeah, so I'm a math guy. I mean you're there man I don't know what else to say It's kind of cool for me and you to wrap in front of a an audience here And if they're seeing it again, they're not they're not part of my I know you you run the micro cap explosions but The the friday livestream is free of charge and for people to Really understand this it takes me back to the people That are accusatory who You know would suggest that somehow this is a scam or a pump and dump etc etc None of those bitch people really even matter at all because here's why They're not they're not interested in buying the stock and for the people that are Buying the stock and will come on and say I'm an aduro shareholder. They own a couple hundred shares. Okay I I am talking about representing some serious shares here In a company that we are lock step Along with the executive management that are also accumulating shares at every turn Okay at every turn. I have yet to see a sell order on the ledger. I've yet to see it You know, I'm talking about the trolls and the you know, sure people that are bitch I think of it like this. Look when you get involved in the micro space micro cap space You're a matador Okay, you go into the bull ring with a bull. Okay with horns that are That are you know there to Flip you the The bull is there to rip your balls off. Okay And you go into there and you get hurt. Yeah, there you go You get hurt here and there and those those, you know People that are bitching complaining trolling They're just in the audience They're in the audience like come into the bull ring with me. Okay. There's just in the audience like like Like I have so many haters out there like Today, you know with the azan. He was like telling me. Oh, you got this guy. You got this guy Like I don't even listen to them. Like they're blocked. Okay. They're blocked. I I don't have time for people to I don't have time to listen to people in the audience Like I have a bull to take care of okay, like you can scream all you want Like I don't care like I'm fighting with a bull here Okay, and if you want to join me come in then then we'll see how you do and I play a lot of soccer right now because The market has been driving me crazy for two years. So I picked up soccer And you know, I I see this all the time too in soccer You're on the field and then you have these people, you know in the audience that give you Advice right and then later on you see them play and you want to cry Like you were the one giving me advice Like you can't even touch a ball without losing it. So go go sit on the audience Shut up and let let the matadors do their thing I don't spend a lot of my time focused on that if any And I find it entertaining at best for the people who do unfortunately the arena that you speak of The social media arena is a place that can provide everyone a voice right And it's how that voice is conveyed but more importantly how it's taken by the audience and I tell you I've had people come to me and they're like I own I'm sitting I'm good and and that really in it in its essence is What we're looking to put a put across is an awareness piece for people to Go in take a look at it Because I think inevitably in the next couple of years me and you are going to be having A different conversation and I look forward to the challenge. I look forward to marshaling the conversation through I do I'm not going to be like the funny kitty With the game stop bullshit because the difference between this and that Is that game stop had no fundamentals that had none zero And look how many followers Jumped on that bandwagon and the irony in that is most people lost money most people lost money the stock went from mid 15 range up to four five six hundred dollars before robin hood pulled a plug on it. I believe Astronomical and you look at you're like how did not everybody just make money on it Well, the truth is people were buying toward the top in the euphoric Upswing of the company and then they got the plug pulled and you know watched its Meteoric and downturn. I think they just had an executive step away just as early as this week From the company and I think it's down below sub 10 again You know And so when I look at this opportunity it is just a matter of time and the analogy I make for people is I find If I find it ironic how How the public perception allows us to accept certain things That I feel like are absolutely stupid investments Investments, right and they will look so dis disfavorably on something that me and you are talking so intimately about for people and In the end people have to make their own decisions about where they put their loyalty, but This seems like the sanest choice to me In the face of a lot of insanity to be honest with you Yeah, I mean it's It's hard to find opportunities like this Where you have so much margin of safety. It is it is. Do you do you have margin of safety on nvidia? What's the margin of safety there? There was no margin of safety on on tesla And now, you know, they had some bad quarters and you know the stock Goes down and there's still no margin of safety in videos coming off a phenomenal quarter tesla's coming off of a shitty quarter Okay, the the difference between those two is that everybody knows that they exist furthermore You don't think that phone calls can't happen at the top to say we're tired of making money with nvidia Let's exit Okay, this is the unfairness piece that I talk about in finance Nothing is fair in the financial game If you think that somehow you're gonna buy nvidia here at 850 and somehow double triple quadruple your money You're dreaming it's not going to happen What has happened with nvidia has already happened. What has happened with tesla has already happened And when you subject a big company like that that had so much momentum For so long the institutions get wise to that and they can short Short infuse not short the companies, but short infuge large amounts of capital Trim off a few hundred million dollars and they're out And who's pouring into those companies at the top? It's retail, but isn't this exactly what happened during covet? And what I mean is like yeah nvidia Everybody knows they're having great demand Great quarters great everything was so much so yeah, so that amazon during covet so that zoom So that netflix, right? Yeah, I always use this joke, right? Selling a house. There's a pool in the back. Okay. I'll pay you 10,000 more There's a pool in the back like oh, there's a pool in the back Okay, do you want to pay a million dollars for a house just because you told me you have a pool in the back 10 times I know there's I I'll pay only once so it's like okay and video has great great quarter. Okay I I heard it already. You know, what is it worth? You know I hear you unlimited, you know I hear you um From your chair marius. Have you heard any scuttlebutt at all on anticipation of Or progress on let's say game changer for one If you haven't I haven't heard anything outside of What is in the public-facing audience but second if If we and I'll say me not you necessarily but me Representing a retail investment community Look at this and we say it's the greatest opportunity What are some of the larger investment communities talking? What is the talk right now? what is the scuttlebutt on Even from a bull case certainly I'd like to know but but maybe more importantly what they see is some of the headwind That a duro could face let's say latter 2024 2025 Before they bring on these larger reactors to where we can start to game out their their throughput in larger quantities Um, are you hearing anything on your desk in your in your circles? Well, if I heard something about the shell of game changer program, I wouldn't be dumb enough to say it here Nice nice nice Yeah, the last thing I heard is the phase that they're in and if they have done A really good job ophers talked to them many times about You know protecting the integrity of the program Um, and we are at liberty to presume that everything is is on track Well, I mean if you if you if you get 95 yield Do you think shell doesn't like it? Well, what's the alternative right? Yep 100 and I think I think we're due probably an entrance there's six phases We've got five and six to enter and this is the one that I'm the most interested in you know When Eric talks about The contamination and the research the announcement this week right that came out of the institution was phenomenal Picking up that in additional talent myself and Mr. Jawar we talked about that when I was up there at the facility about How they're going to take on talent and how that talent is hard to find That that's a huge huge win for them. But Yeah, I think it's going to be interesting, you know, Eric talked about even some of the contaminated feedstock that they get actually Helping the process. I just this thing just seems like it seems like magic Mariusz and we own a piece of it And you know, I will say one more thing That many people might not understand It's not just about The licensing and getting some of these clients To become revenue generating when they finish our three Our three becomes like a commercial product for a duo They can use our three to become a revenue generating company Like serious revenue generating company. They could source their feedstock run it through our three and sell The recycled product That's what not a lot of people realize that when our three is operating It's almost like us having a semi commercial unit Yeah There is going to be no more capital raising after that That's it. Um In way of capital raise. Do you see from now until then? Uh an opportunity to go big on a capital raise or do you think the infusion from Additional sources will be sufficient To get them to at least a couple of pilot our threes And to see what its potential is how on that Well, right now they're getting a lot of money from warrants. I know right they're getting a lot of that You mentioned something about you know up listing I'm not going to talk about the up listing, but if there if there is any type of up listing with any company It usually comes with some kind of capital raise, right? But I'm not going to talk about up listing Because I'm not going to talk about it. Good. Good. Fair enough You mentioning it is nice enough. I I don't think we'll live on the quality board market inevitably so And I did the last illusion to this was from Mina Uh on the fall conference call with the executive management team And the sense that I get from that is that they want to be careful They want to glean as much learnings as they can over this process and I I don't you know, I know you're feeling on it. I I think you would like to see it happen sooner than later I'm warming up to that because I watch the action every single day and I'm not really sure if aduro is being given I know it's not being given its due credit on its current listing market I know it's no, I mean aduro. Aduro I think aduro is okay with that. I think they're okay with that in the interim, but they're going to get a little bit They're going to get a little bit stale on that Aduro, it's too good for this exchange It is okay. The story is too good. This exchange is for You know companies that are getting high on pot and they're looking for gold. Yeah, that's it. So This aduro has meet kevin and jeremy written all over that kind of like that's it like it is mainstream It is not aduro is not a niche It is a CNBC Jim kramer People go wild like that's that's it because this is this is a worldwide problem This is not This is not our pipe broke in the basement. We'll call a piper. No, this is A worldwide problem and it affects Everyone it affects countries Countries are swimming in plastic Countries are letting plastic accumulated in their backyard from Rich countries are sending plastic waste to poor countries. Yes, right this whole dynamic Is going to change the world is going to change Yeah, it aduro doesn't belong On an exchange Where everybody is high on pot and looking for gold period. Well said well said well said Give us your forecast. We'll start to line it down merriush. Um, we go over a little bit. I'm I'm I'm totally cool with that and I want to thank you too for your time coming on appreciate your insights It's just legit. Keep doing what you're doing, man Um, you're already a successful investor. You don't need to prove it to anybody You were before and you are now what the future holds is what the future holds And I I hope you take some content in that man. I mean that from a heart, dude I really do because that's the way I operate. I really do I think we're sitting on a gold mine and I'm willing to wait inevitably Uh, to see this thing play out it will be It will be the very skill that's put to test during that time because right now when I talk about it being easy Um, right now, I do think they're slightly under the radar which makes it a little easy You know, there's there's not a lot Of churn that goes on But where is it in in kind of closing this out? Where do you see the landscape playing out over the next let's say 24 24 months into 2024 Where where do we see ourselves here? let's say for the back half of this year and I want to caveat that by suggesting and I I've been kind of dry. I'm putting content out in the duo because They're busy. They're busy working Okay, and I think the first start of 2024 I believe that's what they've been doing My conviction in buying a lot of stock in 2024 speaks to that Um at a much richer price than what you got it at. I don't care What you got it out and what I get it at today is Really, it's it's irrelevant to me anything sub one Is hilarious which which with where I think this company goes But give us a little bit of your perspective perception on where you think this thing Plays out how the rest of 24 just bring it home for some of the stock owners out there that are like You know, what gives when is this thing going to happen? How much longer do I have to wait? Do I have to wait another month marius? You know, I want my house now? You know talk to me. Well, I think I think fundamentally They're probably going to get some collaborators this year And not because they told me but because they have six multi-billion dollar companies testing it Shell like you said, it's probably at the All right end of the of the something comes out of customer engagement I'm not just a news release. Yeah, just just, you know, just for the number number of people that are testing it number of doors that you knock on I think I think There's going to be a collaborator or two and an offer offer said that that that's his goal So I think that's going to happen now Now in terms of, you know, the stock if you look at I'm not a chartist But people are telling me that the chart wants to go to two bucks So so I wouldn't be surprised if after the warrants warrant exercise Expires and because they they just keep providing the shares to any any share demand after that is finished Anybody that wants to buy You know, the stock might go towards the You know, two dollar mark or more It it might go even higher, but it's ready. It's ready to go and in terms of in terms of like You know a little bit more two to three years I I just don't think it's my opinion. I don't think they're going to stay I I don't think they're going to stay independent Like at some point I think they're going to get taken out I mean, I wish they didn't I wish they didn't because I know if they if they just stay And then build out build out the licensing and maybe have their own plans and stuff Yeah, that aduro could be 20 30, you know, beyond, you know 10 10 20 30 billion dollar company down the road for sure Um, but I just don't think that's gonna happen. I just think somebody will see so much value in it that they're going to be like will offer you Two to four billion and that's it and that's they're going to get taken out that $20 a share or something like that like it's it's my opinion my speculation, but of course I wish, you know, I wish it didn't happen because then I can make 40 million If I have the balls to hold it, but You know But I I just think it's too valuable. I just think they're gonna get taken out, you know Very interesting. Um Yeah, I'll close on that note, man, unless you have anything else But uh, I do want to thank you again. It was awesome a lot of fun Special treat changes the dynamic on the live stream instead of me coming on and yakking for 60 minutes Um, I know my crew they prefer it either way. It doesn't matter, but uh They appreciate the hell out of you coming on and taking your time to talk stock with me on a Friday night Very cool stuff, mariusz, man. You gotta Uh, anything else you want to say before we before we chop out of here No, I gotta I gotta go to sleep because I have a dance competition to judge tomorrow Nice, man. Nice, man. Well, very good, man. Thank you on behalf man. A lot of love Mariusz have featured channel kickover And uh, subscribe to the message man. It's a really good one that I hold in high regard I don't I don't beat around the bush and I don't watch youtube for entertainment I watch it for education and mariusz delivers on that mariusz. Take it easy, man. All right Yeah, take easy man later Very cool stuff, man. What a special treat on a Friday and have mariusz on the channel Like I said kickover helps pelt the message very cool stuff. We didn't get to what we talked about, but The cool thing about that is that is what's going on right now my friends right now okay People may come in and they may say ryan. You're absolutely crazy I I I Dispute that all day on what people justify in way of being acceptable And especially their evaluation of risk and accepting that risk And how it plays into the five questions that I was going to talk about before mariusz kicked in there But it's a dynamic live stream and I love adjusting on the fly But the the where what when why and how of investing will certainly earmark for A later date and we'll put on the shelf and we'll talk about much more, but The only stock I bought today was a duro clean technology and I bought it once in the morning and I bought it once in the afternoon at 345 15 minutes before the market closed I bought it 97 cents us and 98 cents Both of the blocks respectively those were the entry points. They were limit orders. They all filled to max at those levels and I feel comfortable with those entries I Believe that we're getting in on the ground floor of something really really spectacular and it was awesome to hear malryouche And his insights on on where potentially this thing could end up I know where it's going to end up when that happens I don't I'm not in the business of forecasting that we we codify within time quarterly projections in 6 and 12 and 24 month projections just to kind of codify our time, but This isn't the flaming kitty the channel. This is not the pink kitty This is not the he this is fun stock market investing channel This is serious business And and if you consider a few hundred shares all it is that you can afford With regard to putting towards your financial future whether it be a spot in the s&p 500 Or if you heard what we said tonight And you can acknowledge and and relate to what we're talking about with regard to the opportunity here I will not apologize down the line for My insistence not only on a live stream. This is not pre-recorded. Okay. This is not scripted But to come on to a social media and discuss what I think is one of the best opportunities That I've ever seen in the stock market. I'm glad to be a part of it. I'm super thankful When I'm not staring at it every single every single, you know every day I'm doing other things with my time, but I can certainly sit across from a youtube audience and suggest that I've owned the shares long I'm a long investor. I'm happy to be be that and If things aren't careful and the stock continues to give me favorable entry, you're going to have 100 000 Share position on the side of the independent investor channel And my friends that has the potential to create a monster And you guys are all part of the journey I love sharing it with you. It's all true I wouldn't do this if it Didn't have anything real and tangible at the stake Because that's the only thing that matters Is to put your money where your mouth is And I think people Really do respect that and I think they relate to it and I think they're encouraged by it Looking to kind of marshal and shepherd what it takes and Gain some consensus as we did tonight on this live stream from guys like mariush And yazon and penny who are in our small community Of offering commentary on this particular topic, but I appreciate you guys Appreciate you guys tuning in for the last us in this case over 60 minutes Thanks again to mariush for coming on to the live stream I'll be off the grid for a couple of weeks. Give me a little leave, but when I do come back, man I would only ask for your continued support Watch for the notification if you're new to the channel subscribe to the channel man Um, we're we're providing real and tangible value I don't come on. I don't jump up and down. I don't do back flips for you I calmly Convey what I think are the deepest values And there are not hundreds of channels out there talking about this information There there are a very few and if you're lucky enough to be preppy to the information We can we can certainly profit from it as we build our financial future In putting these opportunities together Allowing the stars to align and allow with these positions and these companies to materially Play out over time as we be patient to share owners In the company guys. Thank you so much. Appreciate you time Have a great rest of the weekend and we will catch you in a couple of weeks on the independent investor channel live stream Cheers and be well