CC Notes - 4/20/21 (For Real This Time)
1) Apologies for the room limit again.
2) Safe Harbor
3) Apologies for the room limit again... again.
4) Only able to file one Q today. Auditor was tied up with another project. Next one will be within a couple of days. Expected to get everything current as soon as mid-May or a little bit later than that. Shouldn't be past May.
5) Last few years was focused on ADE and Lux Fund which is why we didn't report revenues from M&A transactions. Briefly read the expense numbers off the Q that was filed. Consolidated numbers will be put out once we get the rest of the fins out.
6) Henry is going back to Vietnam in a couple weeks to prepare for licensing the site, alongside experts from Europe. PHILUX received commitments and interest for substantial amounts. Wants to get the ball rolling in June with ADE and investing in projects from PHILUX Global Funds. Will work with the real estate compartment first.
7) GILDEX - Working behind the scenes. There has been some very robust development on the project but we're not ready to announce the site or details yet until everything is very much done. We've been too eager and optimistic in the past. He wants to make sure everything is solid before he announces it.
8) Steven, don't ask questions he already answered.
9) Trying to use our M&A experience to help other companies become listed in the US. This will also help our revenues and cash flow with everything we will be holding in those companies.
10) He knows we are eager to hear more but that's basically all there is to share today. There is a lot of potential. It can be very volatile just due to the nature of everything is involved. It takes time to develop. For those true believers, thank you for your support. If its not right for you, get out.
11) Can't announce buy back status until he is fully reporting.
12) Note conversion, we are very much at the end of it. Still some creditors or investors in the company that have wanted to convert some into shares but its nowhere compared to the rates that we've had to deal with in the past.
13) Thank you for the taking the time to join us. Apologies to shareholders that couldn't get in. He takes responsibility for the limit and he'll try to make sure it doesn't happen again.
14) He is committed to making this happen and will deliver on his efforts that he's made over the years.
15) Someone's mom loves them more.
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