- And good evening everyone.
It is the first
briefing of September,
and it actually happens
to be our 77th briefing.
But without further ado,
I'm gonna get started.
Ken Berenger will be joining me
for the discussion of
our business model,
which is amazing.
But in fact, I have
some cool stuff for you
that I'm gonna start right away.
Again, Water Is The New Gold.
There's no question that
water does not crash.
We had a big stock pullback,
stock market pullback today.
You really wanna be
in a yield product.
There's no question.
Do not be in a pure
equity product,
be in a yield product.
Ken and I will be
discussing that further.
Forward looking statements.
Again, we are not profits,
we try our very best
to predict the future,
and to tell you
exactly how it is.
And this briefing is where
you will find out how it is.
So here we go.
By the way, those
Amazon drivers, huh.
(laughs)
Putting smartphones in
trees to get more work.
And this is the ferocious
competition for work.
This is what we've
been saying all along,
which is that the economy
is in a terrible place,
and I'll be getting into
details about why we're doing so
as a result.
So earlier this week I
was on something called,
The Growth Podcast,
which is a very cool podcast.
Aaron Chivitarese
is actually in Rome,
and I was being
interviewed online.
Let's have some highlights
from that interview.
Here we go.
- All right, this is
The Growth Podcast.
My name is Aaron Chivitarese,
and I'm here today with my
guest, Riggs Eckelberry.
- Pleasure is mine.
- I feel like COVID shook
people out of a trance.
- For us here at OriginClear,
on the 29th of January,
I remember that day,
my key thinker in the
company Ken Berenger,
who's our VP of business
development and I got together
and we went, oh, my gosh.
Everything is changing.
And my CEO briefing
that week was,
there's an epidemic in Wuhan
and it will change everything.
And it did, right?
So at that point,
we went into a race
to deal with the
chronic problem we have
in the water industry,
which is complacency
and lack of change.
Water is screwed
up in the world.
There's about 2.6 billion people
who don't have access
to clean water,
and yet the water
industry is like,
it's cool, dude.
Everything's fine.
Like, somebody wake up.
We knew that we had to pull
an Uber or an Airbnb on it,
meaning that this is
a legacy industry,
we gotta do something
completely new.
It took us,
well, it took us until,
you know, recently
to fully build the model.
- Let's talk a little
bit about your company
and your mission.
- This year, we got
to the core of it,
which is at the end of the day,
it's the money, stupid.
Funding water projects
is the longest piece of the
sales cycle of a water project.
And we realized something
very interesting..
Water has gone from
being highly centralized,
to very dispersed,
very decentralized.
Doing your own water
treatment means that
now water systems
are small enough
that people can invest in them.
And we realized,
hey, wait a minute.
It's just like oil
and gas investors
can passively invest in a
water equipment project.
We realized we had
to find a space
that really, really,
really needed money
that couldn't otherwise get it.
And that collided
with the fact that
80,000 entrepreneurs have
been shut down this year
in the US alone due to COVID.
Of those businesses,
60,000 are small businesses.
And these people, they
are great entrepreneurs,
but they can't operate a
restaurant or a beauty salon,
or whatever,
and so they need a new career.
And now the final piece of
it was water as a career.
And then we realized the
final piece of it is,
wait a minute.
Why are we asking other people
to invest in water equipment?
Why don't we just pull a
GMAC and do it ourselves?
And now you've got
this cool GM Financial,
water's a career biz-op thing,
and then you start
replicating it.
Vertical, vertical, vertical,
vertical, vertical, vertical.
And now we have people out there
with little mini water companies
prosecuting the water attack.
And I believe very strongly
in decentralizing your teams.
You know, we've
seen that with Amway
and all those guys, right?
Where you turn everybody
into a mini store
and out they go, right?
And that I believe
is the way forward.
I mean, if you go
to a GM dealership,
they're not gonna let you have
Joe Dude lend you
the money for that,
they'll have GM
Financial lend it.
It's an in house
company store thing.
Well, so we now have
the company store,
and I think that's
the complete package.
- Wow, what a business model?
Holy man.
That's impressive.
Congratulations.
- It took us some months,
it was (snickers) not
day one, believe me.
- No, absolutely.
There's so much structure
and layers involved,
and it's self serving, right?
It's its own ecosystem and
it all helps the next step.
And the entrepreneur
can come in seamless,
- Uh huh.
- And you're giving them
everything they need,
including funding
and stuff like this.
And there's so many
entrepreneurs now,
and just like you say,
they're smart,
good, honest people,
who wanna have an
honest business,
and since COVID, a lot
of people have lost that.
- In the developed world,
you have really good
players like Israel.
Israel recycles
90% of its water.
Close to 90%.
What's the second in the world?
Spain at 20%.
Whereas the US? 1%.
Now, why is that so?
Why is the US at 1%?
It's because in the postwar era,
we went for these big
central processing systems,
where 85% of the water
treated is these like,
five hyper mega water
districts in America.
You have a commercial
and population growth
that outstrips the
central facilities,
you can no longer
build a giant facility
because you now
urbanized the landscape,
so there's no more room.
What are you gonna do?
Put a water treatment
plant in Fort Lauderdale?
Not gonna happen, right?
Now in the developing world,
they never even got to it.
India, oh, my God.
It's just horrendous.
There's people dying
and people clean out
the sewers by hand,
who die from the sewer
gas is constantly.
Well, the solution
is very simple.
Everything is gonna be granular.
- Doing it yourselves?
Get your own solar panels,
your own water treatment,
your own everything, right?
An OriginClear is bringing
the power to the people
to not only have clean
and clear water to drink,
but actually to
create their own,
or their own
entrepreneurial business
in the meantime.
You're doing both sides
of the coin, right?
You're helping people
build a business.
Be self-sufficient
business owners,
correctly with the whole
structure in place,
and the product is
something of extreme value,
arguably the most important
thing in the world.
It's like, it's so big,
I can't even open
my arms big enough
to say how big it is
what you're doing.
It's absolutely amazing. Wow.
- I believe that we
represent the next generation
of water companies.
- Cool, man.
All right. Well, you
enjoy the rest of your day
there in Florida, you know.
Pleasure having you on.
- Aaron, thank you for the
very fulfilling interview.
(Aaron laughs)
Take care, Aaron.
Take care.
- Yeah. Chao.
- So that was very cool
interview with Aaron.
As you can tell, he
really, really got it.
- [Aaron] All right, this
is the growth podcast.
My name is Aaron.
- And I'm now gonna actually
go to the next video.
(upbeat music)
- Always been an
entrepreneur by spirit.
After over two decades
in the corporate world,
wanted to do something else,
but during the COVID shutdowns,
was not an ideal time to
try and make a switch.
(upbeat music continues)
So I have very little
experience with pools
other than swimming in them.
(snickers)
So the thought of shifting
careers during this time,
during this point in my life,
after 20 years in the
corporate world was very scary,
but the folks at OriginClear
made it very simple
to walk right into
an opportunity
that allows me to make
money, like right away,
and be profitable
within the first month.
(water gushing)
Typical drain,
but they're gonna
drain your pool,
and it's gonna
potentially risk cracking.
So that crack can
lead to thousands,
if not tens of thousands
of dollars in fees.
Potentially, I've had anywhere
from like six to $20,000
for maintenance and repair
of structural type cracks.
The advantages of
this process are,
there's zero risk,
because all the water
stays in the pool,
and it just flows right
through the trailer
and it goes right back in and
not affecting the water level,
so I don't ever risk any
kind of structural issues
to the pool whatsoever.
Saving and recycling
all that water,
it's a huge impact
for the environment,
especially here in the desert,
where there's always
a constant drought.
And then also the results
are actually better
than doing a drain and fill,
cause our process
removes the chlorine
That come in with a
bunch of other things.
This takes all of
that out of there
and you have a perfectly
balanced body of water.
Honestly, it sells itself.
As of right now,
I have a rolling billboard
behind me here with the trailer.
The phone number, the website,
a lot of pool professionals,
whether it's a weekly
pool maintenance guys
or the pool stores
around the valley.
When folks go in and they
need to change their water,
in the past required
to drain their pool.
So this is starting to become
more and more talked about
with pool professionals,
and they'll offer this
out to their customers,
and I get a lot
of calls that way.
It was the cheapest, easiest,
most streamlined business
I've ever started,
with the least
amount of overhead,
and the maximum amount
of profits, honestly.
(upbeat music)
- And Ken, you're with us.
- [Ken] Yeah.
- Essentially what we had was,
first of all, this podcast,
which I think
there's a great job
of discussing our
business model, right?
You and I, will be talking
about that further,
but I've promised a
couple of updates,
so I'm gonna continue.
Our videographer,
the amazing Steven Eckelberry.
Yes, we practice nepotism,
cause that way I
get things cheaper.
Steven Eckelberry delivered
an excellent video,
which you got a
little piece of there.
And I think Ryan Kooistra is
an example of a great customer,
who actually wants to get
another unit and so forth.
So I'm gonna give you the
full story on what's going on.
And by sharing right now.
And first of all,
I got a couple of chats here.
Okay, Brent wants to know about
his Regulation A Investment,
and your Regulation
A Investment, Brent
is well and good.
We're not gonna be getting into
the Regulation A
offering tonight,
only for lack of time,
but next week I promise a full
update on where that's going.
It's very, very exciting.
So I'm gonna jump right
back into the presentation.
All right, so pool
preserver status report.
You know, we were wondering
where all the leads
were coming from.
In fact, what we
learned was that
our marketing campaigns
have been seen tremendously.
There's a video called
four million pools.
Actually, it's
two million pools,
but we call it
pool preserver now,
that's the name of it today.
But it's been viewed almost
3/4 of a million times
by 1/2 million people,
which is part of why we
get all these business.
30 people have contacted us.
Now, our machine,
depending on what you
purchase run, you know,
in the $100,000 range,
which puts us, you know,
in that $3 million
range for sales.
Out of those,
we think the real people are
around 2 1/2 million dollars.
We have seven people
who have completed these
conversations with us,
and so 800,000
people have reached.
We delivered two
full sales proposals,
three more coming,
ones I visit in Texas.
And then we have three equipment
lease financing groups,
because our strategy is to
have the financing groups
for the people who can qualify,
but they have to have
a two year history in,
(laughs)
I guess what?
This is weird.
This is typical
of any recession,
which is the government
floods money to the banks
and then the banks shut the tap.
They hold onto the money.
They could get all freaked out.
The money is plentiful
but very hard.
And sure enough,
you have to have an
excellent credit history
for your business
to get the funding.
So this is a problem for
people trying to lease,
which is why most
buyers are interested
in the business opportunity
and the package.
And as capital
becomes available,
we want to provide funding,
and this is through
the bond offering
that you and I will be
discussing, Ken further.
And here's, what's cool.
This is a flash.
You're getting to hearing
it for the first time.
We're developing a contest
where a winner would get free
equipment rental, et cetera,
and that is gonna be a big, fun
contest to get people going.
Turnkey marketing program
with business and
technical elements
of full business in the box.
I also heard on Monday
from Mark Stevens
at Progressive Water Treatment,
that the Generation 2 pilot
is being built there right now.
And we're also getting ready
to take the pond monster,
the PONDSTER as our next
business in a box venture.
Remember the PONDSTER
is for ponds.
It's for manure ponds,
it's for, you know, the ponds,
let's say you got a condo
and it's got a pond,
they usually end up being green.
Well, we have the equipment
to handle it very efficiently
for these people.
So to review how this all works,
for those of you who have
not been in our briefings,
let's take a look at what we
call the OriginClear Wave,
and how does that work?
Well, here's a nice
little diagram,
courtesy of our friends
over at Philanthroinvestors,
who are helping us with
our international network.
First of all, of course,
we have a wonderful Texas team
that develops custom solutions
for these water
treatment systems.
So a customer wants
a particular product,
but a one off, a custom design.
We develop it.
We're very good at that.
That's what we do
about a million dollars
a quarter in business.
And you know,
you've noticed that
pool preserve is already
generating about that
in solid forecast,
so that's really a good sign.
But nonetheless,
we do about a million
dollars a quarter,
and this custom business,
then could it be a product?
And that's where pool
preserver became a product,
now PONDSTER is
becoming a product,
and more to come.
Could it be a career builder?
That's always a possibility.
Sometimes it's not.
For example,
pump stations go
into the ground,
and they're very hard for
somebody like us to rent out
to somebody as a business,
because then the things
end up in the ground,
the guy fails and we can't
get the equipment back.
So it's basically gotta
be a mobile system.
So not all products
become career builders.
Standardized product,
economies of production,
the Gen 2 thing with pool
preserve as an example,
where we certainly feel
we can double production,
so maybe people can do
two pools a day, perhaps.
We don't know about
the money savings yet,
but we can at least do a lot
more in terms of production.
Career builder
packages developed,
what we call biz-op with
technical, et cetera.
From there, people who
qualify get those leases.
But again, they have to
have two years of business,
so that's kind of a
problem these days.
And we are funding
these equipment rentals.
We did that for Ryan Kooistra.
Worked very well,
and he's extremely happy.
So we're doing extremely well
raising capital currently,
and when you invest
in OriginClear,
you'll get your
double digit yield,
and we'll be able to
put that money to work
and retain the title
so we have an asset.
We're building an asset
and that has implications
for going on to
a national exchange.
To be on the NASDAQ or the
New York Stock Exchange,
you have to have assets.
Okay, we're also in development
on doing investors
funding equipment.
Now, we don't wanna
do that too soon.
And I'll explain
why in a second.
Regardless of who's funding it,
OriginClear manages
the equipment,
places rentals with the new
operators in case of default,
and finally, double digit
returns for the asset owner.
So obviously, it's very good
for OriginClear to do
the internal funding.
Why?
Because, you know, we
can direct the capital,
we get the double digit returns,
we build an asset base.
25 to 30 year life gives us,
we think 300%
return on investment
over the life of the investment.
And here's what's important.
We wanna learn on our dime,
how many people fail,
how many defaults,
how many people abandon,
equipment maintenance costs,
all these things
currently are theoretical
in this kind of rental
model where, you know,
things get banged up a lot
when they get
recycled and so forth.
How much refurbishing
do you have to do?
We wanna learn it ourselves,
not with some extremely
concerned (snickers) financier,
like what's going on?
Why isn't my machine
working and so forth?
We wanna do it with our
asset and our revenue stream.
So that's why we're
doing it in house.
What does that look like?
You've seen this picture
of the vision for a
water marketplace,
what we call the
Airbnb for water.
But we're the only
water company,
and we're the only financier
aside from the
leasing companies.
In the middle, we're putting
together these water systems.
So that is a workable
model in our opinion.
That's going extremely well,
and at the same time we have
our regular business, right?
This is our pool preserver.
It's new business.
it's on top.
It's the cream on top
of the pie or the cake.
Well, what is the cake?
Okay, that's important to know.
Well, I promised you
that I would tell you
how things are going right now.
As you know, we
had a 22% increase
for the first 1/2 of the
year against the year before.
Well, now we're going into Q4.
How are we looking?
(exclaims) Here we go.
Last year this time we
were at $2.6 million,
which meant that we were
actually running shy
of that million dollar run rate.
And now we're well ahead.
3.2 million in sales.
Now, this includes the
(snickers) fact that
Texas had to lock
down for a month
and there was
nothing that went on,
like most of us.
It really was a
breakthrough for corporate,
with Tom Marchesello
bringing in business,
and also driving the show.
Progressive Water Treatment,
with Mark Stevens
running the show there,
and Mike Jenkins, the
amazing head of sales there.
The whole team,
and they module water systems
with (mumbles) integrated.
Important to know these are
not what we call revenue.
But public companies use what's
called recognized revenue,
which is complicated,
which is why we can
never tell right away.
It's very hard to tell people
after the end of a quarter,
just how well we've done,
because it takes a
while to work it out.
But I've given you
a snapshot of sales.
Do not base your forecast
on these numbers.
The actual revenue
numbers will be different,
but it's very, very good news.
All right, now, Dan
Early gave us a report.
And again, he's
our chief engineer.
He's been running around
doing webinars and so forth.
Packed audiences for
these Zoom webinars
that he's been doing.
And I'm gonna go ahead and cut
over to a email he sent us.
And this email,
I've had to cut out
the actual name of the
project, of course.
"Robb and I just wrapped up a
Zoom meeting with so and so."
And this is a ultimate
30,000 gallon per day system.
The one right now 10,000
gallons per day is $400,000.
So we expect to have
that running October 1st.
Well, it's a multiple of that.
I don't know exactly what
the ultimate build-out
will be at 30,000,
but call it a million
just to be safe.
But that's wonderful
because this is the modular
water systems product line
that we have have had,
you know, been
building all this time.
It's actually working.
So you can see how
these things go down.
We are the design builders.
We provide the specialized
engineering skills,
finance engineering for
high strength, onsite,
wastewater treatment
and disposal system.
Of course, the names
are confidential.
We have three more federal
government systems being done.
Again, could be 800K.
Remember, this is
all speculative,
but this is an email
that literally came across
my desk two hours ago.
And then another one
at 360K, et cetera.
And then whatever are mode,
these are the pump stations,
and that's 1.5 million,
where we are basis of design.
What does basis of design mean?
It means that we
are the designers,
and it's very hard for somebody
to rip off the contract
because they don't
have the design.
So if we are the
basis of design,
then the customer has
accepted us as the architect.
And this is Dan
Early's specialty.
So you can see,
if you can just kind of look
through the numbers there.
He's got, you know,
a couple million dollars
worth of stuff going on
in real time,
which is wonderful to hear
about what's happening.
He's continuing with
webinars to more firms.
This is a sales rep organization
that has been
spearheading these,
I think he's up to two
or 300 engineers to date.
So extremely good news,
and kudos to my man.
So with that,
I'm gonna return to Ken here.
And we're gonna talk
a little bit about
how people can
participate in this.
So we've been telling you
about how we wanna be the GMAC.
That was the old word for
what's now called GM Financial.
It was called GM
Acceptance Corporation.
That was the old name for it.
It was always super profitable.
Even in the pandemic year,
GM's (laughs) sales have
gone to zero, basically.
Whereas the financial group,
is bumping along, you
know, 10 plus percent.
So it's a very, very strong
piece of the business.
When you invest in
our corporate bond,
you see a 12% annual yield.
You see an immediate
additional 25% cherry on top
granted to you as stock
that can be converted
to common stock.
And then that
investment you made,
let's say invested $100,000.
And by the way, that
can be broken up,
but let's say $100,000.
You get $25,000 in
stock right off the bat,
and then you get
12% along the way.
And the day when you think,
Ooh, this stock is going up.
Great.
You can redeem your 100,000
for $200,000 in stock
at that later price, right?
So do you know what?
If the stock starts running,
you don't wanna wait,
like the people who didn't
pick up on Zoom early on,
they're still scrambling around
and playing around with Zoom
kind of being crazy right now.
So you definitely wanna
be early on these things,
and that's your
opportunity today.
But this is only for accredited
and non US investors.
Remember, for
unaccredited investors,
that is being rolled
out right now.
You'll hear more
about that next week.
So why is that?
Perhaps Ken, you'd like to
talk about this slide here.
- You were on a roll,
I didn't wanna get in the way.
So the ultimate goal here,
and I tell prospective
investors is,
yes, we wanna be an
Airbnb of water someday,
but we're in a very unique time.
You can launch something
in the next several months,
have an eCommerce marketplace,
which is always a force
multiplier for evaluation.
That's hot.
If that force multiplier
actually has the potential
to put thousands
or tens of thousands of
entrepreneurs back to work,
that's a second really
attractive feature.
The Airbnb for water is
the eCommerce solution
to drop into a system.
But getting paid to wait,
allows folks to
essentially be angels,
but not have the
nail biting scenario.
You and I talked
about this Riggs.
The early Tesla investors.
You had bond investors,
you had stock investors.
Now, in the very early days,
I promised you,
the stock investors will stay
with bond investors, right?
Because, I mean, he
was getting shorted,
he was getting killed.
You know, everyone
thought he was crazy.
And I can also promise you
with the same
degree of certainty,
much more certainty
as the guy who
didn't buy it at 400
cause it was a car
company, right?
And the bond holders today wish
they were the stockholders.
- What's the difference?
You know, for people who
are not finance people,
what's the difference
between a bond holder
and a stockholder in terms
of their expectations,
and what does it look like?
- Right.
So bond bonds are gonna
have a virtually certain
or reasonably certain
return of principle
and a very steady
rate of return.
It's already monetized.
You already know what
you're gonna make on it.
Now stock, you have the
unlimited potential.
You have the dream.
You also have the ups and
downs with the market.
The market dropped
700 points today.
Someone bought it
the high today,
they think that, you know,
that they're having a bad day.
What we wanted to
do was provide both.
We wanted to start
out our angels,
that allow this thing to happen
as a nice, steady income
bearing instrument,
with the option to literally
convert it to a 200% premium
into our common stock,
the minute that the
appreciation in our stock
actually outpaces the dividend.
So the pay to wait,
I wanted to kind of paint
a bigger picture on that.
You're literally collecting 12%
until one day you
wake up and go,
well, 12% is costing
me money, right?
Stock has moved X
over a period of time,
I'm actually better served
now enjoying the upside,
but you didn't sit there
waiting for something to happen,
you didn't leave
the porch light on.
You were earning
money the entire time.
So what we tried to do here,
you and I spent a couple
of nights on this.
- (laughs) More than that.
(Riggs laugh loudly)
- And that's when you
were in California
and I was on East coast,
so I was up late.
But what we wanted to do
was to develop a way to
provide unlimited potential,
always with the understanding
that it can go the other way,
but until it doesn't,
you will just earn
a rate of return.
You'll have a nice,
solid corporate bond.
We've paid 33 months of
dividends consistently
since we started this concept,
and I'm really proud of that.
And, you know, PWT and
that solid revenue base
allows us to continue
to do that indefinitely.
So in other words,
you won't have to...
If you ask the early
Tesla stockholders
how they're feeling right now,
most of them will say miserable,
because they got out,
because they made a
little bit of money
and they were gone, right?
If you're making 12% to wait,
maybe you'll hang in
there a little longer.
You know, you won't kind of
quit before the big move.
And that was my
mentality behind it.
- Well, I think it's a
very good introduction
to the concept,
and so we have this idea
of a get paid to wait
as you were saying.
Water As a Career gets these
many water companies going,
and then of course we
get revenue and assets
from stuff we finance ourselves.
In the future, an
Airbnb for water,
and again, we wanna disclaim
that it's not happening
in the short term.
Why?
Well, because again,
we wanna work out the
bugs ourselves internally,
and not out there
in the marketplace
with the quote unquote, lender
mentality beating us up.
We'll be the lender and
we'll beat ourselves up.
That's what we'll do.
Anyway, so- [Ken] There's also
a self serving motive there too.
These units being rented
out to an end user,
generate two to three
times the type of revenue
that we would generate as a
water company selling them.
So being able to put a
couple of dozen of these out,
we've showed models on
these investor water.
You know, the ultimate goal
is to have these things
owned by investors.
You'll see a $100,000 piece
of equipment generating what?
$240,000 in rents over
a five year period.
Instead of just
making a 20% margin
on the sale of the product,
we can capture most,
if not all of that,
as we figure out what
parts need to be revised.
That's a huge hit.
- Unquestionably.
Not only that,
there's a wonderful company
called Cambrian Innovations,
which has done a great job
of building and financing,
and doing water as a service,
but they're private, right?
So unless you're
one of the people,
the venture capitalists
investing in that,
you really have to
go with something you
can invest in like,
Hmm, surprise,
surprise, OriginClear.
So this is your opportunity
to get a market product.
So all the good reasons why
people should invest in a bond,
which is, you know,
we've done 33 months,
I think, of dividend
payments on time, of course.
We've been in
business for 13 years.
We've got all these technologies
and abilities and so forth.
So we've built a real
performance capability
and a heck of a team.
So that's where the
bond side works.
And then the stock conversion.
Stock's been stable,
but you know, who
knows where it goes,
but if, and when it takes off,
as we perform and get
our fundamentals rolling,
then you have the option at
your discretion to convert.
I'm not gonna take up
too much further time
because these cool videos
took up much of our evening,
but I think they were worth it.
To talk to the amazing
Ken Berenger here,
simply you can dial the number,
877-440-4603.
Extension 201,
but even better,
just go to oc.gold/ken.
Schedule a call.
I think you'll find
it to be amazing.
So thank you very much everyone.
We've been really privileged
to have you on board.
You know, we think that
September is gonna be amazing.
I wanna wish everyone an
amazing labor day weekend.
Relax, and hopefully
you'll get out
from whatever COVID
situation you're stuck in.
Some places are
better than others.
But here's the good news.
We know that the economy
for us is rolling,
that there's orders being made,
that we are ahead of plan,
that there seems to be a
COVID catchup going on,
which we're grateful for.
Made in USA seems to work.
Tom was telling us
about that last week.
We are doing very, very
well with pool preserver
as it rolls out.
So next week you'll
hear more about
the regulation of A offering,
and I think it's gonna
be very exciting.
So do join us the usual address.
You know, I'm gonna give that
because I need to give
you a little disclaimer,
after all that discussion
of the offering,
which is that security...
This is the Regulation D,
which is, this offering
has not been approved
by the securities
exchange commission,
and you can lose your
investment, of course.
Thank you.
Be sure to join us next week.
Just go to oc.gold/ceo.
I look forward to seeing you.
Thank you everyone.
Happy labor day and thank
you, Ken, for joining us.
(upbeat music)
