 Hi everyone, it's great to be here. It's my first time as flesh and I'm Eric the co-founder of movie mask your portable cinema My major will pass them around for a testing So but let me just start out to say that I think it's pretty amazing How far we come in virtual reality and augment reality and river will be in just five years time is gonna be mind-blowing However today, they are struggling to get active users Mainly because of their that there's little content and low resolution on that content We in move must believe we have found a solution We've teamed up with some of Norway's best opticians to create a whole new type of optics that lets you enlarge the full size of your smartphone Giving you the illusion of sitting in front of a huge screen in a pitch black room by not Splitting the screen like all other VR actor does we can actually provide four times the resolution on any content We can also give you access to that content, which we are cannot in a much easier way This in turn has led us to have a large base of active users far more than those of our major competitors within the VR space and I think that we as a firm can help to bridge how we will watch media in the future And how we do so today When we founded a company in May 2016 We did so with a mindset that we had to test a lot and move extremely fast And I think we did so because in the following three months We created over 30 prototypes on which we tested on our 1,000 users and we've kept up the pace Because in just 12 months we've launched three successful Kickstarter campaigns crowdfunding campaigns as well as Gain access into some major strategic retail channels among them gigante in Finland In some we have sold over 10,000 products in majority the Nordics market and I'm now ready to scale globally But this is just the beginning Because this is where the fun starts There are three major verticals that we've gained access to through the customers who bought our first person That says that these these are areas where we where we can expand We have a prototype for a are which we have some existing partners that already prefer Based on the simplicity and the resolution provided We're here to slush now because we want to team up with innovative mobile gaming companies to create a whole new type of experience And for drones this can easily be used to navigate your drone while steering and Last week we just signed an agreement of 1,000 units and we're going to Troom so this weekend to use this as a digital diving mask and explore whales. That's pretty cool So I got five seconds. So we're a cool team with visionary and we've done a lot in a short amount of time So we're ready to go global. Thank you very much. Thank you, Eric Let's move straight to the questions How much do you charge for the product? Well, we have three products now This one is charged 999 knock or one at 1 9 usd Then we have middle worsen for the main mass market which we charge at 79 bucks And we also have a portable more travel friendly worsen that we charge for 49 bucks Can you just replay and go into a bit more detail on the value proposition versus what's already out there? So I think my takeaway was that you get this 4x resolution Yeah, improvement is that is that like the main like this is why people will use this or yeah There's kind of two major value proposition depending on how you watch the user Because you have the users that watch a lot of media content like film Enthusiasts and we see that those those where our beach head markets Those are majority of the customers that buy that bought the first 10,000 units And when we're competing with those kind of people We're kind of competing against the urge to see to watch the movie on your smartphone or a tablet or a laptop However, when we're in the retail stores, we're competing more against Against the virtual reality actors and those with similar kind of headset that looks the same But does a whole other thing Because then the resolution and the ease of contents plays a big much bigger role I'm fun fact if people wanted we had a survey that we sent out to our international Kickstarter backers And we had actually 70% of the international backers that said they had been looking for something similar for a while These are tech enthusiasts that are well into the VR market and they have been looking for something like this for a while I think that's pretty cool So what's your vision of what it becomes then where where do you see this going? Well, that's a three-step question I think in the short term for next year. We want to define a new segment In the same way that virtual reality augmented reality has defined theirs We want to define a new segment for dedicated video mask where we will become a global leader In the middle term, we want to redefine how we watch media and entertainment today and also how we interact with those media we now When I have few pallet with the eight within the augmented reality field where you use your camera and Then I can let at a layer here We could if all of us four would have the movie mask on we could see the presentation here And you could give input and we could interact with that So we're basically aiming to redefine Entertainment the way we engage in entertainment for now. Do we have more questions now? We're good. Thank you