 Welcome back to the channel here for Sunday Highly On Update. After a week that has delivered a significant piece of update on the company post-Q2 that fell unfortunately on a lot of deaf ears and created quite a churn in the community. Not so much for me, I was muted and I shared that reaction and hopefully put some folks at ease in keeping some context around a Q2 quarter that just was what it was during a time that if you were paying attention this week is on the precipice or a couple of months away from some amazing catalysts, have a very important charge to share my insights about what I picked up this week, what it could potentially mean, and there was a couple of pieces of content, those who are bullish on the company and follow the company intimately, they're going to know about the auto conference interview with JP Morgan, their analyst, Mr. Peterson, who's just been really, really good. I've given proper accolades to the coverage really for really the past Q&A calls on their calls. I think they've been fair, but I found that some of the pointed questions that we got during that interview was fantastic. Now, the Bloomberg interview was on the fly. There was a few errors in the interview, one specifically naming the stock at an all-time high. I chuckled a little bit at that because shortly after they showed the stock charts, which are ugly at best, but I found that to be actually the most interesting piece of content that was released this week based on the answers that were provided by Thomas Healy, the CEO on trajectory insights, timing, impacts of the business, a lot to unpack here this week. I sometimes get a pretty natural excitement to do this project. I will share with you this week has been a little bit different and that I kind of couldn't wait to release this. There was a piece of content that was released this week. I want to give some proper kudos and actually apologize up front. I really haven't been providing enough kudos to Robert Bowie, who has been providing highly on updates and doing a pretty darn good job of kind of bringing the community together. I often encourage people to take an independent view, especially when it comes to finances and whether or not you watch Robert with investing in entrepreneurship. It's a channel that I highly endorse. Robert, I've come to know through YouTube, never met him in person, but I do feel like I know the guy because he's pretty transparent. He kind of wears his heart on his sleeve during the videos. That is a compliment, by the way. He probably came out with what I've considered to be one of his best pieces, if not his best pieces of content here as of late. Just passed over a thousand subscribers, so congrats to Robert and his efforts. I will continually beat the drum on pointing out those patrons and the community that are making some fantastic contributions. Second will be Helion, who actually posted to Twitter the cleaned up version of the Bloomberg interview. Helion has done a great job of taking specific pieces and milestones of content and really repurposing them to his audience through social media. It was a piece of content that Robert had initially thrown on Twitter based on just catching it on TV and then filming it with his iPhone, which was fine for me because I wanted to see the content. It was fantastic. If you did not catch both of those pieces of content and then, of course, if you wanted to support that message, I encourage you to kick over. I generate some pretty good churn on the Highland content and, rightfully so, I charge myself with an enormous amount of responsibility to try to convey what it is that I feel is, at this point, very contrary to a stock price at an all time low and a company that is on the precipice of breaking into the industry in a way that is going to be fun to watch. It's going to be fun to evolve with. It is going to be a long and winding road. Again, for you guys that get caught up in the short term here in 2023, there are foreseeable catalysts. There are foreseeable potential milestones to be met with this company. Multiple catalysts, I might add. Tom Asili alluded to those catalysts when asked about the potential for financing and the opportunity to maybe raise that financing in a little bit better stock position, get a lot more bang for their buck out of a potential capital raised through the issuance of stock, which I think is probably a foregone conclusion. However, I would encourage you not to look at that as a negative thing, rather a necessary thing to continue along building out their portfolio of product offerings into the future. Now, if they were forced to raise, as Thomas talked about, like the rest of the industry, which I found was really, really insightful to be shared, it put a little bit more color on the Q2 call, which met a lot of investors and people who follow the story with some adversity in the painting, a picture in the EV space viewed upon as fairly negative in this time. It has just evolved over the last couple of years. It has probably evolved for the worse when it comes to having an environment that is conducive to Hylian. I look at it in a little bit different light. In other words, I can take this environment right now. Hylian is not poised to benefit from a momentous shift into electrification. This could be the greatest gift that we've ever been provided in that, what if the industry was quickly adopting right now and Hylian still wasn't prepared to benefit from that paradigm shift in the industry that I continually talk about. I believe that paradigm shift to be inevitable, i.e., the shift to electrification. I believe that there is still fleet interest, but I believe, based on what Thomas Healy talked about, the difference now, as opposed to two years ago, was euphoria, throwing money at electrification without really any type of expectation of any type of payoff. Now fleets are making cash conscious decisions to quote the phrase of Thomas Healy, and I think appropriately deemed now in response to where fleets are in making decisions in a situation where financing has over doubled. The cost of financing, the very mechanism by which fleets take ownership of trucks to put into class A, rigor has doubled. To be cost conscious on those decisions are just the environment that we are in right now, coupled with probably the most expensive ERX that we will see in the current time, with the potential of actually decreasing those cost of components right now, cost of input right now with low volume purchases of parts only drive up the cost of what we're looking at now. The 40,000 of IRS credit that Hylian has awarded for the ERX is just a small drop in the bucket when asking fleets out there to incur those higher costs of input now. Thomas Healy, again, spoke to fleets being willing to make those upfront investments as long as they can have some assurance of a total ROI over the course of owning that product. Thomas Healy doubled down on the Bloomberg interview to talk about a three-year ROI. If we're talking about an eventual product through the hyper truck that can return a three-year ROI, we are in the driver's seat. There's going to be, again, people who tune into my message and they listen to my words about talking about the prospects of where the company is going. It always gets drawn to the magnet of the stock price, right? Rightfully so to an extent. We are currently in an environment where the stock price is recessed to an all-time low. I look at the company and I believe that the prospects as they sit right now for making waves over the coming months and years is as high as they've ever been. That is irrespective of Carnot, which if you go back to 2020 when this company turned to public, 100% of investors, 100% were not made previ to the potential of Carnot at that time of making decisions to invest in this company. Now in 2023, you have the opportunity to invest in this company with that knowledge at a stock price far less than the decisions that were being made as Hybrid EX and ERX was the governing suite of the products in their product portfolio. The Carnot SKU did not exist. That vertical sense coming known has fallen on deaf ears the stock price has gone down not directly based on that. It just is what it is. However, when we look at this objectively and you can make decisions about investing in stationary power generation as well as the potential that Carnot has to generate power on board their Class 8 vehicles, there was color added to the hydrogen fuel cell project with highs on the unit is built, it is running, and it is running on the test track. So when you look at a portfolio here that is pretty well defined, I'm not going to suggest that Hylian doesn't have any more secrets up their sleeve. However, this product portfolio is worth investing in. I will say it again. This technology and their moat as described on the auto conference interview with JP Morgan is their moat surrounding their technology, proprietary technology owned and has exclusive rights from Hylian, which is where their value comes from. Well, I've heard some criticisms about bolt-on products and taking a bunch of nuts and bolts and throwing them into a basket and shaking them up and dumping it out. You've got the hyper truck ERX. Thomas Healy said something that caught my attention on the interview talking about a go-to-market strategy that's similar to Tesla. I make no comparison whatsoever between Hylian and Tesla, outside of the fact that their go-to-market strategy is similar to that of a Tesla and eerily incurring some of the same preliminary challenges that Tesla did probably in more difficult markets is Hylian than Tesla, but to start to get to market and then start to in-house source some of those or even produce some of those components that go into the truck in more of kind of a lateral shift, not to OEM status, rather an in-house provider of everything that is powertrain. I think that will be an interesting shift for Hylian as time does evolve and they become a little bit more established with their financial footing. For the you guys that monitor this story over the week, I would hope that you had the same reaction as me. I was encouraged. I'm in a place now mentally cut above the consensus on the social media. I know there was some shotouts as well. This week, I apologize if I don't get to everybody, but Excalibur appreciated his response as well, admitted to me or even in the video or in a comment on one of my videos that there was a little motivation for him to produce that content and I'm in debt for that. His opinions carry weight with the community. As far as I'm concerned, he should be a recognized advocate for the company, not to suggest even by his own admission that he's right or wrong. He's a lot like me and that look, here's the way I see it. I could be dead wrong, but here's how I see it and I think those vast opinions across the board are super productive for the community as a whole and I just want to thank Excalibur for his efforts, continued efforts from Andreas Rutowskis, as well as Silent Alert this week, doubling down on some of the statistics. I gave the jewel Tweet of the week, so I'll give myself a little bit of kudos to make sure that Thomas Healy, who talked about, I believe a 200 kilowatt Carnot generator would be what would be necessary to run the Austin plant. Well, I said, okay, well, put your money where your mouth is, save these current utility bills that go against CapEx and we'll compare those to over a 12 month basis once we have the ability to install Carnot and power the Austin plant. What a fantastic way to showcase your product to suggest that they're running the entire company on low onsite generated electricity at seven cents per kilowatt. Pretty cool initiatives there. Had a little fun with it, whether or not that'll happen or not. I don't know. It was just a fun comment to suggest that if they're going into production of stationary power next year, would it not make sense that if it's good enough to sell to somebody else, that it's good enough to put into rigor for themselves? A few highlights from the calls of Glean and really the big takeaway from this week is to understand that those pieces of content are out there and to make sure that you're self educating yourself up as an independent investor on those pieces of content. But I'm going to go through my laundry list of notes as I did review the content again, both of them this morning for a second time to make sure that I didn't miss anything. There was a lot said I highly endorse both pieces of content. Me personally, I kind of edged to the Bloomberg because I thought Thomas was really, really well spoken. He was on point. I didn't think the interviewees did a very good job. I really didn't. I didn't think that the lady or the gentleman that was interviewing him had a whole heck of a lot of knowledge about highly on. But Thomas really carried the interview, did a wonderful job with the responses. But just a few highlights here, deliveries of stationary power in 2024. Hmm. I would contend it $1.24 per share. It's worth investing in that proposition. I did. I bought 3,500 more shares this week and I have more money to deploy if the stock continues to go down. The only thing that Robert said that I would just caution you on, he's got some puts at $1 and that's the way to play it. But as far as picking targets of $0.80 or $0.75, be careful doing that. If you want to accumulate shares here at this price point, do it. Don't think that you're going to catch the bottom. Invest in the companies for the right reasons. And catching a low in the stock is not the right reason to invest in a company through the stock price. Okay. That's a bit of education for you in moving into this. In other words, if you're looking to enter into the company at the all-time low at $1.80 with the idea that you're going to somehow exit the position at $1.20, $1.50, $2.45, then you're kind of missing the psychology of investing and the philosophy that I have in that my share bases that I'm accumulating now are multi-year positions, period. Anything less than that is uncivilized. Okay. So this vertical that we did not know about in 2020, we are now Previ too and it has quickly come to market. Bill Peterson talked to Thomas Healy and actually made the comment and it resonated with me and it was something that I thought when Carnot was purchased, that Carnot was purchased for very little money in respect to its potential. Now, you take on the 3D printing machines and you take on the IP and the technology from a company that is going through divestiture, you would expect to get a good deal on it at the same token, you wouldn't expect to be turning out revenue a couple of short years after acquiring that technology. And whatever revenue they can produce from this, there has been an area, a discussion about potential margins or potential profit for Healy on or the business model on how they're going to drive revenues on stationary power. But to be in talks now as early as 2024 to start to establish stationary power as early as next year after having acquired the technology a few short years ago is magnificent. Now, this is a value proposition that I'm telling you is there. You look at the stock and people are going to be like, yeah, right, it's a proof of its story, Ryan. There's no value, it's no value. I look at it the way I always look at it much more diplomatically through the lens of an investor that got a bonus vertical without even knowing it when I was initially starting to build positions. Now, these new positions, trust me, are in respect to Carnot and not my old positions obviously were established without the knowledge of Carnot existing. However, those existing positions are fortified now with the knowledge and the prospects that I think do surround Carnot and the opportunity. It was the first time on the Bloomberg interview where Thomas in what I picked up on, and I don't know if you picked on as it as well, broke the holding companies into two verticals. Do you notice that? Starting with two total addressable markets, two Tams for class A space, which has been legacy Hylian as well as what he deemed to be a larger addressable market for stationary power. What? I said it once, I picked up on it, thought it was phenomenal, doubled down on that with the discussion with Bill as well, talking about the opportunity through stationary power to glean revenues on both of those specific verticals. But I think the real takeaway for investors is to understand the opportunity in each of those verticals and understanding Hylians right at the very beginning of uncovering the potential in each of those in a small capacity. But I would suggest investing in the company right now through a stock price that has never been so attractive. I commented on Robert's video and I said, look, with regard to the stock price where it is now, it's a very simple application. It's not hard. I think a lot of people are driving their decisions based on that acute three-digit figure. And I just, I think that's wrong. People will make their own decisions irrespective of what I say and what I look to coach people through what is being viewed as mental anguish within the Hylian community because I'm stuck in a bit of a quandary in that I look at the company and I get a small grin on the side of my face. I know the company is going to be at five, 10, 15, 20, 25 and north. I know it's eventually going to be there. If I know that now, then where does that put me when it does meet those milestones to come on and jump up and down and start saying, I told you so, I'm telling you now. I'm already telling you now. So when that happens, you will get the same approach, conservative, responsible, diplomatic in reporting out on where I think the prospects at those times will be for the company in what they have accomplished up to those milestones and beyond. I think there's a lot of people, it's amazing who operate on that very, very shallow premises. See, I told you that the stock was going down here. I just entered 15,000 shares. Wonderful. I really hope you can take my my insight in challenging you to be a share owner over the long term. To double your position, people are going to look at 15,000 bucks and they're going to be like, damn, I'm out. This is incredible. Thank you, Ryan. You're the man. I'll subscribe to your channel. I'm a lifelong subscriber and all the while whisper out of the side of my mouth to suggest that you just left potential for hundreds of thousands of dollars on the table. That's how to handle the stock. Stock is down. The further it goes down, the better buy it becomes assuming that the bullish conviction is there. If you buy this company and you're bearish on the company or you don't buy it because you're bearish and the stock goes to zero, you would have been right. This is business. This is stock ownership. Where I see a landscape and a community of people consistently taking sides. A lot of people are wishy-washy. They go back and forth. I'm super bearish. I'm super bullish. They go back and forth. All the while, really, my consistent charge on this is to hold or not to hold. That is the question. Just make sure that your focus on owning the stock is on the company and not the stock itself. Very, very dangerous to be making your decisions based on stock action day-to-day or specifically even making your decisions or awarding criteria, whether it be negative or positive, based on historical stock performance. That's even more dangerous. Somehow because it's gone down, it can't go down further. Very dangerous. The stock is down. Therefore, it's a buy because it's going to go up next week, next month. I don't control the stock price. I've never continued to control the stock price. I will just continue to say that I am a stock owner in the company. I will declare my overall shares in the company when it's prudent to do so, but for you guys that are keeping score, you guys can understand that my share position is continuing to grow in the company and my cost and basis is continuing to decrease over time. Those installments that I'm getting now in a company that is sitting on such an incredible opportunity in each of their respective verticals is a position that I'm absolutely comfortable with making, especially in light of a stock market that I own S&P, I own single stock. I own all those assets and I monitor those assets just the same as I do my speculative investments. I can tell you it's not like I'm just so excited to be a passive investor in the S&P 500 and so angry with my investment in Hylian. I look at the landscape right now and it appears to me overall from a macro perspective to be challenged. Do I have fair expectations overall? Do I expect Hylian in the acute to just somehow just start outperforming when I don't think that the macro environment, especially with when it comes to the microcap space is conducive for that type of activity. In other words, the microcap movement is not moving up as a whole, it's moving down as a whole. Things have been re-racked and recalibrated within the microcap space of the last couple of years. It is not an environment of complete euphoria that it was during the SPAC craze, right? When Hylian was able to de-SPAC their initiative, they are now where they are three years removed of that and is still shaking off the funk of that in my opinion. It is a proven story and Neriya, I suggest to a subscriber base that tunes in to me that those catalysts are just a few short months away. It's worth waiting and seeing. It's certainly worth waiting and seeing for the would-be share owners, the company who see it my way and that I'm not looking at that as being the end-all be-all. I look at it as being the beginning. You think it's been hard over the last three years, try holding as long as me. I am absolutely steadfast with my decision to hold long term. If this company gets up to what I would consider to be a fair valuation, let's get to $10, the original SPAC value associated with the company. Now the company is going to be significantly different. We're provided value on its $700 million of cash that it came to markets with. Now having a different environment and having reduced in its stock price and market capitalization as a company, it's going to earn that $10 back based on its ability to churn capital and to drive top-end revenue and eventually be earmarked for the potential of future profits. That's going to be the new value of the company. The first milestone is $10 to achieve that initial valuation when it came to public markets at $10. At $10, I'm back in the black. I think that's a reasonable goal. I think here now where the stock price sits, I think eventually it will happen whether or not that's a year, a two years, three years down the line is irrelevant to me. It's fun to set those milestones around where I think the stock is going to go, but that is the first milestone. Now, do I sell at $10? That to me will be just the beginning. I'm hoping to report out on specific catalysts going forward as to the grow out and the build out of this company because we are still pre-commercial. We haven't even entered into commercial state. However, Thomas Healy said that we are starting the fleet trials within the next couple of weeks. He alluded when talked about the financing topic a little bit, talked about a few catalysts being on the horizon. I don't know if you guys picked up on that. Why take financing now? They're going to be opportunistic about this. In other words, if they announce some catalysts and fleet trials are going good and for whatever dumb reason in the stock market, the stock goes to $6, $8, they will raise. I don't care if that's a month from now, two months from now, three, it doesn't matter. They have the opportunity, they will raise. The reason why they won't raise now is number one, they don't need to as admitted by the CEO. Number two, and this is conjecture on my part, so please take this with a grain of salt. The reason number two is because the stock price. I think any educated soul that follows stock market investing can certainly understand that they need to borrow a little bit more in a position of strength rather than a position of weakness. They are in a position of weakness now. Those remaining SPAC dollars at $350 million will and could potentially be the most valuable dollars that ever existed in this young company's life as a lifeline or to be fair, a bridge towards something more material into the future where the company can be a little bit more sustaining in their initiatives. The financial position of the company at $350 million does really set them apart. The management's expectation is to use that capital wisely. That was also disclosed to separate Hylian from the rest of the industry where, by goodness, Thomas Healy talked about Lordstown. I don't cover it enough to understand that Lordstown was one of those that went bankrupt. Another was a Protera, I believe, was one of them, and another company as well, just within the last couple of weeks or months or just as of late, and the rest of the industry scrambling for debt financing. Hylian is not in that position. I think it's great. I think it puts them in the driver's seat to potentially wag them out into the future where, potentially, some of these headwinds that they have in the industry can settle out a little bit, get a little bit more positive favor, get a little bit of institutional buying on the company. If nothing else, these stock prices should be attracting buyers. If the opportunity is as good as I suggest that it is, some internal buying would probably be nice, albeit not really one of those things that I put a whole lot of value on at this point. If I was in upper management, I would say, look, I already own my shares. I know the company is going to be doing well. It may be perceived a red flag that they are buying here at the bottom, and perhaps maybe shed a little bit more of a darker light on those purchases. I think it would be a bullish sign for the company. However, kind of look at it from Thomas' perspective, and maybe he looks at it and says, you know what, I already own X number of shares. I'm good. I don't need to be bottom fishing my own company. That may look a little bit suspect if they do actually get a little bit of a northern trajectory on the stock. I think he would rather just avoid those negative optics of the company of going bargain fishing on his own company, maybe looked upon a little bit more negatively in that the stock has recessed. They're providing another opportunity for the Hylian to bottom fish the company. I will say that tongue in cheek by suggesting that that same opportunity exists for those of us out there that have been following the company, and it's publicly traded. You can do what you want. You can actively find shares on any of the major brokers minus one that was reported to me that Hylian is not being offered on M1 Finance anymore. That was a new one to me, but I've never had a problem acquiring Hylian shares in the open marketplace. The fleets shift on solutions due to new challenges. I found this to be fascinating. It was an awesome insight to the industry as a whole looking at a couple of years ago where companies like Pepsi are just jumping on board with Tesla. There was an article that came out this week that deemed the Tesla solution as the solution for long haul class 8. That is misinformation. Pepsi needs to be more careful with their information because that is false information. The Tesla solution is not a long haul solution. So if you don't believe me and you look at the 500 miles of range, just look at the performance that even some of the patrons of the Model 3 Tesla that patrons are driving around that are rated at 300, and they're actually getting like 175. The same thing with Semi is they're rated at 500, and they're going to end up getting half of that because of the 20 and 80 rule of the battery. The downtime, I can't even go into all of the deficiencies with Bev. I'm a small investor in Tesla. I'm okay to do that, but outside of that, I don't buy the statistics that they put forward on their solution. Companies are much more aware they are going to be taking a second comb over of the industry and making those decisions not frivolously, but rather based in statistics for those companies that truly do have a solution that fits their bottom line. Does Hylian meet that? I'm going to leave that to you. I believe that they do, but it's up to you to suggest that Hylian's not going to find their place in the space to deliver a solution that drives that TCO and ROI over time. Thomas mentioned the go-to-market strategy like Tesla. I found that to be an interesting takeaway in comparison. Good for you, Thomas. You've actually given some light on the business plan and how they view Hylian as just a powertrain provider and that the OEMs have done a great job. Thomas has said this before, and I think it's a great line that he uses all the time. The OEMs have proven over time that they're really good at building trucks. Why do we need to start now? I just think I said it in a little different way. That's how I would say it. A little more scathing. He's a little more up a road with the comment, but he's right. Peter Bilt and Pakar Freightliner, all of the international Volvo and all those OEMs, they've been making trucks this whole time. Why change that? The idea to integrate and really fortify what it is their focus is, I think speaks to their business lean model and quite frankly speaks to why they are in the cash position that they are, even in the face of expanded timelines and an environment now where a 5% prime interest rate on financing cannot be good for the industry when they're looking at financing these products. Willing to pay up front, this was a takeaway that Thomas talked about with a diesel truck at $200,000 and the hyper-truck YRX at $400,000. He continued on talking about a BEV being 5-550, hydrogen fuel cell being 6-650, the latter solutions not even having infrastructure in place, 700 natural gas stations across the country, but then furthering that and doubling down on the fact that there's four BEV stations public and three hydrogen fuel stations total in the country. Cross check me if I'm wrong. The Nikola bandwagon, they're going to come and throw stones at me and they're going to say, no, Ryan, there's more, there's this many and they make it up. They pull it out of their backside. These really, well, they don't exist. Check it out. Fact check me. If there's 700 hydrogen fuel cell stations, they're still selling it over $10 a diesel gallon equivalent. It's expensive. Electricity, right now the cost of electricity is on par with diesel. What is the benefit? I would suggest now in this environment that the green initiative and the anti-green, which was also talked about in the interview, the Bloomberg interview, really does create headwind in allowing fleets to really look at it and say, yeah, I mean, we're interested in electrifying the fleet for the good of the planet, but it has to make economic sense. Really cool. Reduced over cost with time and volume. Thomas talked about the fleet's willingness to actually incur those upfront costs. This is something that I actually believe to be true. I believe that fleets can monetize that understanding that they're putting a tractor in play, that the more it runs, the quicker they can drive ROI. And compressed natural gas is the key. Renewable natural gas is the key to that end. Whether or not that's going to catch on, whether or not that's going to prove to be true amongst the industry, and we see the hyper truck actually running on RNG on routes where it makes sense. We need to identify those routes that it makes sense on. Fleets should already have that where the shoe just fits for a hyper truck, ERX, other routes, perhaps the shoe doesn't fit. And this is something that Excalibur talked about on his video talking about, initially when we looked at the ERX, we imagined that the ERX was going to float around on a magic carpet hauling freight at max payload across this country for 1,300 miles a trip. And no matter what the route it was going to fit, I've always contended that this was going to be a route specific type of solution, always. And where it fits, I think it's going to be great because I believe that those fits are going to be put into place and get that return that we all expect through the statistics. In other words, I want an Anheuser-Busch to come back and say, look, we put it in this route and it makes perfect sense. The highly on solution is going to be that solution for that route, a little presumptuous on my part, but that's what it's going to take to move the needle on this project anyway. So why not forecast that those specific route identifications are going to happen over time? Okay. I talked about the hydrogen fuel cell hyzon project is actually up and running on the test track. So we'll expect to see more color on that. So very cool stuff. I thought the biggest takeaway, and I'll start to round down the video, guys. I know these long videos are sometimes a little bit arduous for people to sit through, split them up in chunks, if that's what you need to do, because I find that it's probably the most prudent way to have an open discussion on highly on. At this point, I think it's super important to just kind of discuss and summarize what's happening week to week, and I'm fascinated by the story. But the most interesting question by Bill Peterson was, what does this company look like in five to 10 years? Okay. This is what Thomas said, be a tier one supplier. This is it, guys. If highly on holdings can be a tier one supplier to Peterbilt. If you don't know what a tier one supplier is, Google it. I had an idea about what it is, and I Googled it, and I educated myself up on how important that could be. This is their goal. Your bet at this point at a dollar or $9 or $14 or $28 or $38 or $58 hinges around highly on's ability to become a tier one supplier to Peterbilt. I'll let that sink in. At some point in highly on's history, we valued this company based on its ability to do just that. If they cannot become a tier one supplier, right now they're sourcing the trucks, they're buying the trucks, outfitting the trucks, sending them back to Peterbilt, extremely inefficient, not the way we want to see longstanding. In the short term, it works fine, because we're looking at such low volume production that works, it's fine. They'll take a loss in the initial orders, right? Super important to understand that. Highly on gets deemed a tier one supplier, and they can focus their renewed efforts on what they do, get a little bit of recovery in the stock, which is necessary, my friends. We all can all agree it's necessary to get a little bit of recovery so that highly on can be provided a little bit of lateral movement in way of their financing options. We are talking about a whole different opportunity, and it kind of sheds a little bit of light on the way I look at the stock price right now being more of an opportunity than a detriment. That's what the man said. That's not what I'm saying. That's what he said. Where do you see highly on in five to 10 years? We see ourselves as a tier one supplier of electrified powertrain solutions that in its essence is the elevator pitch for highly on. Your bet at this point at $1.23 is contingent upon their ability to see that end and realize themselves as a tier one supplier. It's that simple. Now, the second is a skew that I challenge each and every one of you guys to put yourselves in this 100% category of people who did not know that stationary power was even an option for highly on when they first announced the Carnot acquisition as a standalone initiative going forward. The Carnot technology is a good enough reason to look at this company as an opportunity, not a detriment at $1.23 standalone, irrespective of what they do with class eight. Oh, Ryan, the product's going away. I disagree. Oh, Ryan, the hyper truck ERXs are going to turn into dust. I disagree. Oh, Ryan, they're going to shut down the doors in Austin and close up shop and they're going to fire everybody. I just disagree. Oh, Ryan, the Carnot technology doesn't work. I disagree. Oh, Ryan, the hyper truck ERX doesn't work. It's not good technology. Oh, Ryan Thomas Healy is not a good CEO. I just disagree. I just disagree. And we look at the vertical of the stationary generator power and we look at what that could mean for the company as short as 2024 as they start to introduce this. One thing I want to add that Thomas Healy talked about is something that I talked about first. He obviously knew it, but he didn't share it. And it's funny because he used the same generator name that I did in Generac and thinking about it in a different way of providing primary power, not secondary power, and how people justify paying. What's a Generac now, guys? 25,000, 3,500? I don't know, depending on the kilowatt that you buy, but he said people are justifying those purchases for the three or so times that it goes out and 20 hours of runtime per year because when it does go, power go out. It's a real detriment to keep the refrigerator on so you can save the stakes and the fish. But he talked about the idea of the Carnot technology liking to run, being very low maintenance. I saw this in one of my tweets this week out of the very few that I made this week where I want one. I want to build in the country. I would love to have a Carnot generator that had the ability not only to provide 110 power, but to also charge my 24 volt batteries that drive my pumps from my pool. The opportunity here, guys, by his admission is larger than the Class 8 opportunity, larger addressable market. My vision for the company specifically is that they make good on their promises on both verticals. I do not want to see the Carnot technology be one of those things that they put all their efforts in and then kind of divest from the Class 8 initiative because I will mention that the other vertical that they talked about in where he envisions the company in five to 10 years is the Carnot technology being able to run the hyper truck ERX. I would like to see all three verticals survive hydrogen fuel cell Carnot as well as RNG because I think if highly on abandons that it's going to be a real disappointment for me even in the face of positive return on stationary power. I really want to see them follow through. I would like to see a invigoration through secondary means of the hybrid EX. There's some in the community that don't like the product. It's really unfortunate that Thomas does not even name the hybrid EX in their product portfolio. I think in these lean times the hybrid EX has proved to be a supplement to the revenues now which are 100% driven by the hybrid EX1. I think in hilly terrain I think it may actually have a secondary windfall of interest once highly on becomes a little bit more of a household name. The cash burn we've talked about my friends. We talk about and I'll wrap up the video with this. I think some of the key statistics on where the company will be in five to 10 years is enough to look at this company with a different lens at $1.23. I'm not telling you to buy. I'm telling you I bought. I'm not telling you to buy. I'm telling you I bought because for me anything less than $10 which is where I think we'll eventually go on our first stock position milestone is inevitable. For me buying the stock at what I consider to be a 90% discount to that end just makes fundamental sense to me. You're crazy. You're misguided. You're caught up in this highly on thing. No, I'm not. This is just where I feel like the soft spot in the market is so impressive on it. If we get this thing up to $10, $15 I may digress on my highly on content. I'll go back to fundamental investing which is what I know, love and quite frankly is what has made me put me on this trajectory to a millionaire self-made. I might suggest I had no help. None, none. But right now this press on this particular market which I think has met some real resistance via headwind is affecting and recessing the stock prices not to our demise but rather to our opportunity. Just the way I feel about it guys. That's my weekly summary. I hope you guys agree. If you disagree, leave your comments. If you agree, leave your comments. I would encourage you to check out the sources that I named at the top of the video. Check out those pieces of content that drove this content this week off of Bloomberg as well as the auto conference sponsored by JP Morgan and the interview was placed by Bill Peterson. It was fantastic. If you check out those as well as some of the few sources that are putting highly on content out there on a pretty consistent basis, I will continue to do my fair share in providing those fair acknowledgements to those content creators because I think it's important to continue to footstomp this message and really help share this message. I'm on a new trajectory in sharing this because I think my conveyance of the message based on my real feeling about the prospects of this company, I've never felt so steadfast now and I find it ironic in the face of where the stock is currently resting in what I feel like is one of the greatest opportunities that exist right now in the market. There will be better times and you're not going to be able to go back in time and regenerate this. Hey, Ryan, I wish I would have done this. I wish I would have done that. Well, I wish it time is right now. Guys, thank you so much for tuning into the content and we'll catch you next week.