 Welcome everybody back to the independent investor channel for the weekly update on Hylian and they have just rolled out some information this week that I chalk up to be the top story of 2022. No doubt about it. It could very well be the top story in the history of this young company where they have acquired in a cash and stock deal with General Electric to acquire their Carnot generator technology. We're going to get into the specifics of that deal as appropriate in this video. We're going to jump into the Hylian slide deck that was released this week coupled with what I felt like was equally an important initiative by Hylian was kind of a board panel. They took questions from the general investing community as well as some of the analysts that cover the company with his with Sherry Lance as well and I thought that was a very well spent 45 minutes on on my part. I would encourage you guys to kick over and check that information but this information was huge. Okay now when I come on every single week and I talk about this company it is imperative that we understand that the availability of information is the key in this deliberation as we monitor this Hylian story and this progress and going forward. I wasn't surprised by this information. I was very very intrigued by this. It was surprising in so far as the Carnot generator itself but not surprising. I've been saying along this entire time that this Hylian team seems to me to have very interesting potential in providing catalyst and realizing the steps necessary to walk along this path and vision that they have for a cleaner future tomorrow in the commercialization of our transport and logistics businesses. Okay furthermore I want people to really understand and I give a very interesting and elegant perspective on my stock ownership in this company. For full disclaimer I own 12,200 shares of the company. I must disclose that to you guys in understanding that my profiling of this company speaks to my conviction on the company, my insistence upon sharing my honest opinion from week to week whether or not I feel like justified scrutiny or complementary dialogue is warranted and I deliver on both and there's folks out there who don't agree with that they would suggest that I need to do one thing or another and irrespective of my commentary I will still in fact be holding my shares. I give an elegant explanation on how I value my current stock position, how I currently value my current long call contracts with Hylian as well. For you guys that don't know I own about 37 long call contracts on the company as well anywhere from $3 to up to as much as $10 on my strikes going into the future. I've kicked most of those forward to 2024 for the decision point for me so please understand my weekly commentary is always meant and aimed at the retail investor. Those folks out there that are either long share owners in the company and or those folks that are interested and have heard wind of this company and are looking at this company in the lens of understanding the opportunity that exists with this company. Now this announcement this week was enormous. It was an enormous monumental achievement by these companies and for those people out there that would criticize the deal I would encourage you to hear those out but make your own decisions about where you think this company is going to be into the future. Hylian is not an investment that you are going to enter into and be satisfied tomorrow that you're an investor in the company. Furthermore if you're ill prepared to enter into this company and it doubles up to $8 from these levels are you going to be that investor that sees the long-term vision with the company or are you going to be one of those investors that are excited that you've made your 100% on the on the company and you're out. I offer my commentary week to week for those ultra long-term investors and I define that in in this video for you guys. So if you do have 60 minutes of your time to devote to my in-depth perspective on this company where it currently is what this could potentially mean for share owners I will continually beat this drum until the inevitable happens. What I mean by that is at some point down the line as we enter into a very blue ocean with this company I don't see even with this carno information that has been rolled out this week that there's anybody even close to this company in marching toward a future in a way that makes the most sense that listens to their customers understands what it is that they need has diversified across their fuel agnostic portfolio in a way that was unknown before this week started and now is understood with complete clarity on this acquisition of the carno generator and we're going to be talking about the specifics of what that means the fuel agnostic application in the fuel generator itself additional applications that could be deployed by highly on to realize additional income streams going forward for the company and finally what this could mean for the fleets itself and we have a long way to go my friends between getting this product from a conceptual phase this was just announced this week this is going to take years to unfold and I'm not going to promise results overnight as a matter of fact I would caution investors to understand that the roadmap that highly on has laid out into the future really speaks to and there's two different timelines the first timeline is to get the hyper truck ERX the with the Cummins generator on board into the hands of the fleet to buy the end of 2023 and going into 2024 my friends this carno generator with the application of a fuel agnostic application in the hyper truck ERX is beyond those timelines okay so if you believe in the highly on story and you truly believe in being a long-term share owner I'm here to fortify your stock position in understanding that the true money in this opportunity is going to be your ability to accumulate base shares not at an optimal price point but at a price point that is comfortable for you it's going to take multiple buy points it is going to take a perspective in understanding that once you have that base position established in your portfolio that the ultra long investors on this company are going to be those investors and there will be very few that realize the true vision of this company and the understanding that the maximum profits will probably not be made within a 10-year time horizon rather 10 years plus and dare I say multiple decades stacked on top of each other to realize the full potential in this opportunity I hate to be the bearer of such news but that is the reality of the situation now the good news is such that when this company reaches $20 when it reaches $50 when it reaches $75 when it reaches $100 plus I will my friends be unable to take you back to the past and provide the very opportunity that is presented right now before our feet okay I want you to think about that investing requires imagination investing requires hypothesis investing requires yes some level of trust and if it's your conviction that you do not or your premonition that you do not trust this management how can you invest in the company it is absolutely imperative that you understand inside and out the direction that this company is heading the vision that it is trying to realize and the fact that restricting a company right now to such scrupulous timelines is probably a futile game that we will probably inevitably disappointed in if that is your end all be all metric in judging the total overall potential of this company over the ultra long term I am looking to fortify a community of long term investors that embark upon this journey and are not convinced to sell at 100% gains in this company and dare I suggest that we are not looking to sell after 1000% gain in this company what I am looking to do is understand that we can fortify a community now of share old owners through information through availability of information and understanding that institutions are accumulating this company hand over fist right now it's retail investors are exiting this company hand over fist I believe that to be going to be the exacerbated case as this company starts to move north in its price projections and we start to get a little bit more color around the potential of going from what we do not know now in the path to commercialization and to the path to profitability with this company now with the amount of unknowns that we have with this company is probably presenting the greatest opportunity for profit into the future guys I can't say it any other way in allowing you guys the opportunity to understand my perspective now could I be misguided yes could I be wrong yes could my timelines be off yes could my premonitions or presumptions about this company be misguided yes this is not one of those situations guys and there will be folks that will perceive to have or portray that they have all the options in stock market investing I've been doing this long enough to tell you that none of that none of that needs to be even part of the discussion right now what do we have we have a young company that if you compare the progress seven years ago of the company and where they are now making multi-million dollar deals with an 80 billion dollar company like General Electric it's when we look at it in the context of progress over multiple years that we can only properly quantify the accelerated path and the the speed at which Hylian is evolving as a company and it's been presented in no short fashion this week by the announcement of the Carnot generator that has been brought into the Hylian fold the question is where will that unfold over the coming years guys we're going to jump into the investor slide deck and we are going to try to piece out what I feel like is the real value that is created by this this my friends is the most bullish news that I've seen on Hylian in the last seven years of the company this is it this is my opinion I give this opinion openly it cost you nothing to consume this content but make no mistake about it my friends sometimes the most obvious of answers are the ones right in front of your face and I would encourage you to take a step back understand my sincerity around trying to getting to the deeper question of what opportunity lies with this company how they are going to navigate from now until then that end what is going to be the path to mass scale up and commercialization and furthermore the color that the company provides to that end and furthermore the company's ability to get to profitability these are the very questions that are looming in the short to medium term once this company comes to profitability guys I will probably shift my posture and go to more of a monitoring phase in this company because when I talk about building a community of long term ultra long term stock owners in this company the potential for taking what an investor in this company has done by establishing a position in the company so early on in its inception the million dollar question becomes when do you actually exit a position like this or do you that's really the golden question in understanding where we take this opportunity in the future and a lot of people are going to establish their buy points their sell points prematurely on this road to commercialization on this road to profitability on this road to global expansion with this company and I would caution you guys in understanding that those decision points are looming and they are inevitable and I would only look to encourage you guys if you are in the camp of understanding the long term vision of this company that my friends is probably going to be where the most profits are made with this company for those few investors that understand that this is not going to be an investment that is going to pay off next year or five years it could again the stock could double overnight okay but to understand that the maximum profits on this company are going to be to enjoy the ride enjoy being a share owner in this company and understand that the catalysts that are forthcoming are inevitable made possible and proven this week by the announcement of the Carnot technology so with that guys we're going to kick you into the investor slide deck and jump into the particulars of this 37 million dollar deal announced by Hylion and General Electric just this week so obviously a big week here for Hylion and keeping with my theme of neutral application here and for anybody that is new to the Hylion experience you don't necessarily need to hear it from me I'm going to give my commentary and my opinion over the acquisition here of the Carnot technology however if you do want to double down on the information that's provided via referral through the independent investor channel I would encourage you to visit Hylion dot com and under the investor tab you will find two new additions this being one of them this is the Carnot visual slide deck it's 13 slides feel free to find the information there and then what is very telling this week is Hylion decided to come out with a YouTube video and Thomas Healy actually did a quick convening panel with Sheri Lance to further explain what it is they're looking to leverage with this technology and in true Hylion fashion you notice here that they don't say class 8 commercial vehicle electrification and it's something that we're going to talk about amongst many as we get into this slide deck here with this week's announcement of the Carnot technology from General Electric this slide here is easy my friends to overlook and I would caution you not to overlook this I would encourage you to take a few moments and really look at what Hylion is looking to communicate in this slide I found it to be extremely telling and if nothing else this week's news really kind of opened my eyes to Hylion looking so far down the line and being such a visionary company for the future for us stock owners in the company I think we really just need to take a pause sit back and look at what these folks are trying to do here but this here's a 50 year transition of the power sources that are being used to supply power to the grid that's it okay it's not a reduction in total overall use of said fuel these are the fuel sources that are being derived from to provide the electric power to the grid okay now this is going to pay dividends in the explanation down the line but when we look here at the increase in renewables and we look at the total percentage of increase here nuclear really is the the number one driver here in providing grid power now this is on the source side of the house okay so when we're talking about the bev revolution it gets missed all the time when we're talking about range on the side of the bev fleet and where this energy is coming from and this snapshot in 2121 really tells the picture on where this is coming from still dominated 22 by coal drastic reduction here in petroleum that charges the grid power but the increase in natural gas and the increase in renewables and the increase in nuclear power really is the takeaway from this slide here now the question isn't necessarily that we're moving in the right direction because we are the question is what are we doing with that on the consumer side in taking this energy in 2022 and using it to the most efficient manner when we're looking to transition to either an electric future and or looking to do more of a range extender or a fuel agnostic type of approach that highly on is just really rolled out in a big way and separated their first mover advantage in the space here by introducing their capability with the Carnot generator so take some time to study up on this this was a very telling slide this does not get talked about very often Thomas Healy speaks about this on his panel discussions and I think sometimes it falls on deaf ears in that even the initiatives politically right now to move to a bev future is sometimes blinded by the fact that the the source of the supply of our energy has to be at least 50 percent of the conversation and I think all the time the conversation gets dominated by the consumer side of the house and it gets completely ignored as to the source of where the energy is coming from that is being burned on the consumer side of the house by the sheer ignorance and ignoring where the energy is coming from on the producer side of the house supplying power to the actual grid itself when I suggest that we are in a diesel dominated present this slide depicts exactly what I say over and over again and I think some people want to continually engage in this debate whether or not hydrogen fuel cell and whether or not renewable natural gas or whether or not bev is going to be the future whether or not it's going to be the present they're all futile arguments okay make no mistake about it my friends we are in a diesel dominated presence right now and if the passenger car market speaks to how slowly over the last 20 years of evolution it takes to adopt a new technology this will speak to the opportunity yes but also the patience necessary in seeing this opportunity to where it is that we expect it to go and Hylian is projecting 20 years from now into the future having much more of a diversified reliance upon multiple fuels I've said this many many many times and the Carnot generator when I saw that acquisition this week I was I was absolutely relieved and it is probably the most bullish news for Hylian hands down in 2022 and this is why it's because they have basically foolproofed themselves for future adoption across the scientific capability of burning any fuel that they want in their application they've basically solved that problem and dare I may say that they have probably just leapfrogged over what some companies have put all their eggs into the hydrogen fuel cell basket we'll talk about that a little bit more as we move along in this weekly video but this slide is important this is on the consumer side where the first slide was on the producer side we look at what is actually being run in reality and and where the industry is looking to go based on the technology that we have now today now if you want to come to me and say Ryan we have the technology now I would agree conceptually but not in reality the technology is is marching toward an integration but we are in the very early innings first inning of this transition into what is going to be possible what is going to be validated by the fleets and where eventually the market is going to be looking to step toward in more of a diversified fuel future as opposed to just saying hydrogen is the future and that's going to be the way of it I I've never ever agreed with that sentiment I've never got on board with that idea that hydrogen was going to somehow dominate the the future and this speaks to where I feel like where we're going to go it's going to still include diesel 20 years from now I have no doubt about that but the question is where are renewables and hydrogen and electric and and hybrid and all of the other solutions going to play a part into the future here as we evolve this technology and really get it proof tested by the fleets out there as they're put into the rigor of over-the-road commercial service all right so this slide is very telling this slide actually has much more merit after this week with the introduction of the the corno generator they've replaced fuel agnostic generator with hyper truck carno which is exactly what this unit is and I'm a little bit interested as to the current posture of highly on and suggesting that at some point down the line they will be coming out with a hyper truck hydrogen fuel cell vehicle that runs on a fuel cell however I do challenge the necessity of that I do think Thomas Healy knows this I do think that the team feels like internally they've hit a home run which they have the question is does a hydrogen fuel cell future need to be pursued in its exclusivity in that the fuel agnostic generator gives more optionality to the fleets rather than less it seems as if I would need to understand the glaring benefits of moving toward a hydrogen fuel cell hyper truck for the future and understanding its superiority to the carno I don't see that now conceptually keep in mind that there is a lot that needs to be unpacked with this carno technology but what what a what a blue ocean highly on has just now swam into with regard to their ability to scale this product with what they've acquired let's understand they've acquired the technology they've acquired some of the 3d printing capabilities they've acquired some of the technical expertise in this division from general electric and I think more importantly to extrapolate the value in the transition agreement that Thomas Healy spoke about on his Q&A to leverage some of the supply chain sources that general electric has used in getting the carno along its path toward operability here to a point where highly on felt comfortable acquiring the technology at this early stage in the development now make no mistake about it it was also discussed about how much money and research and development has went into this carno technology it's I don't want to lose sight of the fact that if highly on was looking to do this on their own there would be a much larger burn rate in the R&D spend to bring this technology in house organically and and I want you guys to understand some people might say that they overpaid or underpaid for the technology I am in yet to be opinionated on this front I believe that it was the smart move to go and just acquire this technology along its path of where it is now I think it was an extremely brilliant move by highly on and it will prove to be one of those major catalysts in the turning point of a company that is going to do amazing things down the line whether it be next week my friends whether it be next year or whether it be a decade from now I'm not in the speculation business okay however I am rest assured 100 convinced that at some point this company is going to make waves in the commercial space and it's going to be these products here in some form or fashion we'll talk about that a little bit with the flexibility of the carno agnostic generator and the different applications that it can be put into with this new acquisition that was just announced this week I've always suggested that investing in the next best thing is probably not in anybody's best interest that investing in tried and true sales and bottom line profits as well as you know those companies that have a moat highly on is yet to define their moat and when you engage upon an investment like highly on you really need to understand I've heard so many different rationales across the board of you know I'm not going to touch highly on until it gets above $10 I'm not sure if I understand that rationale in other words buying the stock here at $3.79 is somehow less attractive than buying it at $10 if you inevitably think that the stock is going to $10 why would you not justify taking a position and scaling into it here I understand somewhat the rationale I do not think that way in my opportunistic application when I look at highly on because I've looked at a company here over the last two years that has done nothing but improve their posture in this space and this is just another icing on the cake here and it sets them up for so many more catalyst into the future future additional revenue streams through a modular application and also additional income streams with the potential for power generation for what I just spoke about in the opening slide the inability of bev fleets to actually achieve longer routes because of the restriction they have to the plug now the car no can help carry forward that power to those those companies that want to run bev in their application especially along their shorter routes we'll talk about that a little bit more which just opens up other applications that was just one of many that Thomas Healy alluded to with regard to the opportunity that has been presented by this acquisition of the car no generator for those of you guys who are just being introduced to the car no generator here the slide speaks to what it is I presume that these are the machines that are part of the acquisition up in the Ohio plant I believe it's out of Cincinnati I believe if my memory serves me correctly but the car no generator is a highly efficient fuel agnostic right so we know what the generator is going to be we know what the generator is going to be from commons and the renewable product so that that's a real key piece of information here designed to deliver high performance reduce emissions and maintain the highest levels of reliability the bears are already jumping on this and suggesting that okay well we don't know full specs on this product yet no kidding no kidding I really am interested to understand what people's motivation is I'm a bull on this company therefore it kind of defines my eligibility to either criticize or compliment to this company on progress being made I just don't understand some people who seemingly don't even have a position in the company finding it in their best interest to criticize this early in the game this is a game changer there's no doubt about it I'm not going to get on here and yell and scream at you not going to punch myself in the face for 24 hours to get your attention I'm just going to merely suggest if you're listening to my words if you speak good English this is a game changer and if you've heard me I'll say it again for the third time this is a game changer this is a huge huge step in the right direction for highly on not to say that they weren't progressing in the right direction before but this is just provided so much clarity around where this company goes into the future and really solves the fuel problem I mean it really does so the carno generator uses heat to drive a sealed liner generator to produce electricity the heat is produced by reacting fuels through flameless oxidation or by leveraging other heat sources including renewables right so up to 20 fuels they can use in this to basically turn the generator and and actually produce the electricity that's going to charge the batteries and that's really the key once the batteries are charged the batteries are what drives the axle anyway this is just a power generation source guys this isn't something that's going to give you a back massage okay this isn't something that's going to make you a millionaire tomorrow all right it is what it is so I would suggest that we keep this in context we monitor it going forward we stay close to the ear and understand new developments that are going to be announced you know this isn't a short-term initiative here by any means by highly on as a matter of fact with regard to the cash burn Thomas Healy did allude to the ability to maintain their current business plan even with this acquisition for general electric this is kind of small potatoes but for highly on this is a big big deal and it's going to be highly on's ability to take this acquisition as we see it now and scale it up to something and improve upon that 37 million dollars worth of value that they've acquired this on and build upon this guys I look at this being a multi-billion dollar piece of their business and for you guys that have been sleeping under a rock for the last 20 years this is how businesses accumulate value they'll take a value piece from one piece of business and how long it would have taken general electric to actually see this thing to commercial would have been anybody's speculation but Thomas Healy said look when we looked at the Carnot generator and when general electric reached out to highly on this was a match made in heaven this was the very application that they were looking for to seamlessly integrate into an actual usable application on the consumer side and I cannot stress enough how incredible this was to be able to segue the existing research and development here by the additive manufacturing team and the generator thermal and performance design team this is their jet engine division of general electric and take this product to the next level and this is how things work like this guys general electric is an incredible company it's been around forever it's an 80 billion dollar company and and to to parlay this and to take such a huge ownership stake and highly on speaks to their bullish perspective on where this thing could scale up to into the future if scaled correctly and scaled to address a massive need I mean a massive need we talked about being in the early innings of this ask yourself could you imagine this application being put into the rigor of class eight and dare I say class six and seven at this point or maybe even smaller applications to meet the need of transitioning from now running on diesel into a future where we are a lot more diversified across our fuel optionality for the commercial space this is the solution guys and I'm super excited about this and I'm super excited to pay this forward for you guys and turn you on to the source of information on highly on com under the investor page go check it out for yourself learn yourself up you're going to want to be following this story intimately going forward because it is now part of the fold as we monitor this highly on opportunity from week to week so where Cummins is expected to help highly on with the carbon it's a certification through the EPA it was alluded to by sherry lance as well that the car no generator was expected to meet all of the parameters of the eventual step into having this product certified for over the road application here some of the highlights of the car no generator is that it is fuel agnostic over 20 compatible fuels I read this a few times and I couldn't believe it but the reduced emission on the hydrogen capable and ultra low emissions on conventional fuels really does give that optionality what what a great opportunity where there wouldn't be availability and I think that for me I look at this and if I'm wrong in this application please correct me but I've always stated that the fuel optionality is going to be the key for fleets in understanding that by branching out on their capability to fuel their units with multiple fuels out there in the fleet it's going to have them give them the ability to not only choose the lowest cost the most efficient for the route it just adds a way different dynamic than just being stuck to not only the fuel the obvious fuel fluctuations of diesel that we're incurring right now as we speak but also just to look at the optionality across the board for the terrain expected the payload that is expected to be carried the availability of said fuel in other words they may be able to run partial of the route on one specific fuel and then change and do a separate type of fuel because the first primary fuel is not available so the optionality here is key when we're talking about the advantage to the traditional means of powering our class 8 space expected a 20% increase in efficiency over today's leading generators enabling reduced operating cost these are preliminary in nature the bears are going to suggest that this is unproven technology sure I understand that at this point but it's easy to come forward and just say well this isn't going to work I think that's an escape to thinking I would suggest my friends that we look at what we have now and what Hylian is going to be looking to do with this opportunity as they look to introduce this into the rigor and start to really put a proof of concept over this this what they believe this Carnot generator can produce in way of efficiency for the fleets okay so again not to overstate the importance of certain slides this might be easy to overlook but the notation at the bottom where it says hydrogen capable the Carnot generator is expected to operate on hydrogen at efficiency levels that even surpass most of today's leading fuel cell solutions does this have the ability to take the place of the hyper truck ERX fuel cell solution into the future I would dare to suggest yes that it does Thomas Healy knows this if this is the solution into the future to to burn hydrogen when it's available so be it I don't see that happening within the next 10 years I think from a test perspective I think it's going to be exciting I think from a test perspective we have hydrogen available now however we do not have it available to a mass scale so to suggest somehow that the hydrogen fuel cell is somehow going to be the solution of the future and not provide fleets any optionality to not provide fleets with any type of understanding of how efficient this is going to be I think this is a home run here and what I alluded to with the Carnot generator expected to meet all the carb and epa certifications there at the bottom this is just a matter of time here before we start to really unpack the potential of this generator and it's going to be exciting to see some of those units hit the street powered by the Carnot generator it just proves that they're stepping in that direction of more of a of a fuel agnostic type of future and providing fleets that optionality exciting times here guys it's going to be really interesting these are all of the fuels that the Carnot is expected to be able to run off of both LNG and gaseous hydrogen on the natural gas side RNG compressed natural gas and LNG so very cool diesel gasoline kerosene jet fuel doesn't really matter as long as they get that that flame flameless you know reaction within the generator that basically turns that liner and produces the power so very exciting technology here guys and worth a few moments of your review when we're looking at this Carnot technology I gotta hand it to highly on here where they receive a lot of the scrutiny they are big thinkers and I think they get a lot of scrutiny for at this point being perceived that they're not following through with some of the initial steps some some may perceive this to be somewhat desperate in their acquisition of this Carnot I prove not I choose not to look at it that way and here's why highly on from the beginning has always revolved around a few themes in their application what what are they looking to do they have a vision for the future and over the road transport in the commercial space okay in a nutshell what are some of those things TCO has always been one of those things that Thomas Healy has suggested and this is one of the main reasons why I'm such a bull on this company it's because highly on is focused on the customer whereas I feel like some of the other companies Nikola especially seems to really like lipstick they really do and in all of my study of Nikola which I have done it seems as if they have not had the same reciprocation from their customers that highly on has case in point many of the highly on customers have suggested that highly on knows the trucks better than they do furthermore many of highly on's customers have suggested that highly on actually listens to their customers this is huge furthermore Thomas Healy has talked about the commonality amongst fleets in sitting down across the table and being able to express a total overall reduction in ownership of the rig over the long term the benefits of going green are great the benefits of driver experience are great the potential for increased payload is great but if you cannot sit down and prove out through the numbers that that total cost of ownership over the life of that truck seven to ten years is going to absolutely be realized these fleets will not transition until they are forced to transition they will not this is a business most of these companies are fortune 500 companies most of them are publicly traded companies or the larger companies that are not public are private and they are large companies and driving the bottom line is the common common thread amongst all of these fleets they have to be able to minimize downtime they have to be able to provide for bottom line total cost of ownership benefit in understanding how this leap of faith is going to benefit them over the long term I think Kylian probably looked at these efficiency numbers and really the decision was made for them this wasn't a chance of acquisition in this deal I believe that the numbers really did drive this opportunity here in the Carnot generator so when compared the Carnot generator to your fuel efficiency right when you're talking about fuel cell and you're talking about the internal combustion engine the difference between the two is is estimated to be at about 20 percent Thomas Healy spoke about this on the left hand side of the rig and that just further strengthens the total cost of ownership equation that we're looking to drive home here for Hylian now on the right side this is something that was brought to my attention by one of my community members that has followed Hylian since the beginning with me so shout out to David for really bringing this to my attention and that is the modular adaptability based on the power need of the unit does this suggest that the Carnot can be placed in other applications such as class six class seven applications or as a generating unit Thomas Healy explicitly identified this as a future moneymaker for the company in providing power generation opportunity for those BEV applications that are restricted by their 150 to 250 mile range and those companies that want to integrate those into their short haul lines to use the Carnot generator to actually charge those units in route to make sure that they have that power available to satisfy or complete their route I thought that was really smart low maintenance here hermetically sealed they talked about that only one moving part in the generator that's great of course no oil and no fluids requiring maintenance they're suggesting that it'll reduce downtime to keep trucks on the road longer that's quite a stretch if they can boast that they don't have the downtime that BEV have and if they're suggesting that there's going to be less downtime than diesel this again is what I feel like is a home run and whether or not they have the data to make this presumption is a little bit earlier on in the game but it just requires us as investors of the company to monitor along these fronts and any news that we get and any type of explanation on their ability to avoid maintenance based on the components and the technology is going to be incredible for us to monitor going forward I just want to sit here for just a second and enjoy this slide for a second with you guys so I'm gonna stop talking just take a step back and take a look see at this old girl right here for you guys that are wondering about the power of social media and the ability to pay forward information that could be extremely profitable into the future I want to introduce you to adjacent product opportunities declared by none other than highly on as an opportunity here to branch out and use the Carnot generator to solve this range anxiety and to reduce the cost of electricity for our BEV plugins I will retract from talking for a few seconds okay my friends so this is huge all right this is huge and this is only going to speak to where we go into the future is this going to be tomorrow no is this going to be next week no it's not but here's the thing as highly on starts to integrate and scale up on this front you are going to want to pay particular attention and for you guys that are playing this game that somehow you're going to pick the stock up at a more opportune time I would give you a piece of my playbook in understanding that I don't think there's any difference between the stock between five and fifteen dollars I don't are you investing in the company at four dollars to sell the stock at fifteen since I pose it that way a lot of you guys are going to say no no Ryan no of course not of course we're not then what's the difference in four and ten and fifteen at this particular juncture in what I feel is a multi-billion dollar opportunity I digress I'd like you to digest what I just said and understanding that the year over year chart here excuse me the ytd the year to date chart tells a picture of a company that is bouncing along the bedrock okay and that is our friends with hyln okay the stock the stock itself if you are going to become a highly on share owner it is going to be incumbent upon you to exercise the number one ingredient that I feel is going to be necessary in seeing this opportunity through and let me impart to you a page out of my playbook this is why you guys tune into me for my weekly commentary because I give you the in-depth insights from the back of my brain the very depths of my application the very pedigree of my thought processes in this opportunity highly on might just very well be that name that I inevitably hold okay now if that's my if that's my interpretation of how big this opportunity could be when I look at people who suggest that they're just going to buy the stock at ten I would retort and suggest that you are not an investor in this company and it'll help you define whether or not you want to take this opportunity irrespective of where the stock price is guys I think you need to look at this and say where is the stock going to be in five years from now where is the stock going to be 10 years from now and dare I say at the beginning of this slide I earmarked what hylion is forecasting to 2041 with regard to not only the domestic interpretation of where we could be but from a global perspective looking to absolutely eliminate all surf sulfur applications from an international perspective in our shipping fleets in our over-the-road transport where we're going to be both from a global and domestic perspective here and I want you really guys to understand that hylion is much more than just a buy now and sell next week for a few dollars of profit it is and if you're looking at it any way other than the way I look at it and a few of the other large shareholders in this company look at it and I'm quite certain the way the company's like GE new investor in the company and other large institutions who have taken a long-term perspective on this company these shares are sticky these shares are not going to be sold off in between between 10 and 15 I believe that there's going to be a lot of retail investors that parlay their shares as it they approach those because they're going to be circumnavigating a lot of gravestones that have been created by this exacerbated sell-off in the stock none of it's going to matter if you're one of those people who are looking to sell the stock two years down the line only to watch the stock go up incrementally over the next coming five to ten years are you really seeing the opportunity through as an investor and I look at this twofold I look at this as me personally with my current position the work is done my current position in this company is started that's it the day-to-day price fluctuations in the company do not matter it does not matter what people have to say with regard to what I do it does not matter how bullish we are on the company now what only matters is what is able to materialize over the coming years and and decades as we look at this opportunity going forward this just speaks to another income opportunity with the Carnot generator and I'm super excited to be investing in this new technology for you guys that are new to the terms of the deal here the deal was valued at 37 million a combination of of cash and stock the phenomenal deal here just the particulars of the facility up in Cincinnati that I spoke about the team the intellectual property that they comment as well as the 3d printing capability what this all means as far as their ability to scale this to mass is really yet to be determined and a story that I think that the highly on team of both the upper management and the executive board of directors I'm sure had collaborative efforts in giving the green light in making this acquisition okay for you guys that understand how decisions are made these decisions are made collectively and collaboratively as the upper management comes together and at the end of the day it's a green or a red light and they obviously were full force in the green light in making this acquisition go and I'm super excited to to monitor this what Thomas Healy deems to be kind of a transition period as they let the dust settle on this acquisition and we look to integrate this new what was a division of general electric into highly on both from a team perspective as well as an equipment collaboration and that that's going to be the key here is to actually see this hyper truck agnostic prototype roll out what what an incredible opportunity and I just want you guys to kind of sit back for a second and identify with where highly on was seven years ago and where highly on is now making deals now with a hundred billion dollar company like general electric what a what a transformative roadmap these guys have put themselves on and it's going to be exciting times going forward so very cool stuff guys and we'll probably end up kicking you back here and we'll kind of conclude this weekly video of highly alright guys so we've come out of the investor presentation what is it that we need to do going forward I think exercising the probably application of deploying time into this opportunity is the most prudent I think as we march toward this inevitable future I keep calling it inevitable will we have cash burn yes we will will we have expansion of the team yes will we have color surrounding the advancements of the Carnot technology yes will we have continued orders against the reservation order book and orders backed by deposits yes we will all of those are forthcoming will we have winter validation yes will we have fleet trials yes will we have all of that forthcoming over the coming one to one year to about 15 months in my assessment all of those items that I have just disclosed to you have not yet been reached but they are inevitable my friends and it's going to be the sheer deployment of time and patience on our end as ultra long shareholders in this company to realize and really enjoy the appreciation of our long awaited appreciation of the company and payoff to patients that we've all deployed in this company it's been a rough ride none of that matters none of that matters in stock market investing I find this of extreme interest to me I have people all the time who hit me up and they're like right I'm holding the company at 30 and now I'm down big time in the company it doesn't matter none of that matters in stock market investing did you make an ill time to buy yes yes you did that reality is presented to you so now you know but as far as your attitude going forward none of that matters the only thing that matters is tomorrow the only thing that matters is next week the only thing that matters is six months from now and the only thing that matters is inevitably where this company goes into the future with the pieces that they're putting into place now it's that simple and what I really wanted to express to investors in this particular video is to start to define the long-term vision of this company the international perspective is going to roll sulfur off in 2050 highly on projected a different vision for an agnostic fuel future 20 years down the line they have painted a picture of over the last 50 years what has transpired in providing our grid power as we know it today where is that going to transition into the future is yet to be seen but there are too many stars aligning with this company right now to ignore the fact that an alternative fuel future is here to stay my friends it is here to stay it is not going away where there have been starts and stops in the past with solar I think those were those were a sign of the times when those were rolled out and I think now this movement has much more credibility it has much more teeth it has much more to back it in way of technology in that the scary question is are fleets going to be able to realize this cleaner future and perhaps maybe even improve upon their efficiency to improve upon their ability to provide for greater payload capability and drive a better tco into the future guys the technology speaks to that now and I think the opportunity speaks to that as well so I think if you're looking to take a position in this company now I think ultra patience is going to be the key in awarding time ample time for this opportunity to come to fruition put it in your portfolio and forget about it it might be the very best pedigree to understanding the long-term vision in this company because as this company starts to appreciate in value my insistence upon identifying the very rock bottom pricing of this company will start to change and I will start to transition my fluctuation in the stock market or the stock price of highly on holdings as we appreciate in value in a little bit different light in that we will have much more fundamentals to play into observing the technicals of the company in understanding where might be a better entry to add more shares but those base shares doesn't get any better than $3.79 at this point guys there's no difference in the company between $4 now and $12 tomorrow there's no difference to me at all and I really wanted to capture what is going to be the ultra long value in this company and to double down on the idea of investors just saying effort I'm just going to hold my shares inevitably inevitably I will be provided the opportunity for my out but when that is could be decades down the line guys I appreciate you tuning in for the totality of this video leave your comments at the bottom of the video subscribe to the channel if you enjoy the highly on updates really want to invite you guys to share the message with those investors out there that are somewhat opportunistic like mine that are interested in the space EV and electrifying and agnostic fuel future for ourselves share the message bring them on to the community guys we are looking to embolden a community of retail investors where they have been left out naked shivering and hungry left to die in opportunities past this opportunity guys we will not allow to pass we will embrace this opportunity and dare to embrace this opportunity ultra long guys thank you so much for tuning into the message and good luck in your investment future