Hey, good afternoon. How’s it going? So Jamara and Tanya? Pretty good, my bad.

Nice, nice to see you as well, Tanya. Yeah, it good to have you. So it looks like

Tanya joined slightly earlier and then Jamara spoke first. So I guess, um, I mean, I just wanna be, but looks like Tanya first and then I’ll to, then I’ll go to Greg.

Finally see the choices. Tanya? Want to go first? I’ll give you Tanya first. Oh, you wanna start with me first? No, I’m not first.

Well, not too. I, I’m, I, I’m actually, you know, I, I told you about that email, um, uh, to, with Outlook. I’m trying to get a new email, but I just like created a Gmail free one until I can get this, um, because I still have to register, um, for the Delaware. So I was still in the process of doing that. Um, so I just created a Gmail, but I’m having a hard time like figuring out how to merge and.

Forward all the email to I created like merger capital gmail.com. I’m trying to just forward all my email from GoDaddy with the outlook to that. And then I call them, and they don’t even really help me, they said, oh, you need to just talk to their provider to do that. But in Gmail it’s very easy to forward emails to, uh, you know, to like another email, but to send this outlook to them, I am just having a hard time.

I may have to just individually just forward all the email because, and then it expires tomorrow and then they were like, well, you’re paying 70 something for the year. Well, in Canadian it’s 90 something. Like, oh, that’s around the same amount as what Google will charge. I said, well, I just don’t wanna keep it right.

So I dunno. Got it. So, so the idea is you wanna forward the emails that you’re getting in from, from where to Gmail from? Yeah, like my info turn.com to my mar capital gmail.com. I’m trying to do it right now, and it’s just so frustrating because it wants the, um, it wants the, um, p o p. Okay. And the, yeah, it says enable pop in GoDaddy email and it’s already enabled.

And then, um, it says added, like I’m looking from when I just go on Google and. So if you can help me out, if you can just share your screen. Uh, usually we don’t jump into the technical things, but feel free to just share your screen and then, uh, lemme see what we can, uh, what we can try to do. Oh, okay. Hold on.

Give me a sec to do that.

Okay. So

whenever you’re ready. Sorry. Alright, screen then. Um, what is this one? Um, I will grab the page to do it. The outlook again. So you wanna send things from this email to Yeah, to your Google email you’re supposed to go to, um, not go to the forwarding. Yeah, I did forwarding and I put, as you do it, you should be able to, I did that, but I wanna like transfer all the emails over.

Do I have to do it one by one? No, uh, you can sync emails, right? So Sync, yeah, sync emails. Go ahead. Uh, someone is technically expert can talk, but I think, uh, uh, yeah. Yeah. So this is, doesn’t really have an option. And then what I, they said you need to go into your Gmail to do it so. This is the new, the g the new Gmail I created that I want to forward it to, but not to send there.

I, I made the error of, I thought it was Ford and out of Ford and just, but then that would be going to the other email and I want to import it. So I know it’s like going to accounts and import. Um, question. So as you’re doing this question, why not just, uh, 1, 1, 1 thought I was just saying, why not just send all the Outlook emails to this new email and then just remove, uh, just delete the, that’s what I’m thinking I’m gonna have to do because I’m, I’m not sure how to, um, how I can import it.

And then I called GoDaddy. They were no help. They said you need to call the other email provider if you’re using Google. Sure. And find out from them. I was like, uh, you guys are no help. Well, there’s something here that’s even more kind of a more, more red flag I think you can avoid. So the Gmail. So do you want to do it@gmail.com?

Because, uh, because you can, well, I wanted to do Google Workspace, but then what it’s asking is, you know, your information of your business registration, which I, I’m still in the process of doing that. Um, format. What is this, this one? Delaware Inc. You said to use, right? Yeah. That’s the one that we do. Yeah, we, we’ve used that.

Yeah. So I’m still trying to do that, but I just, I said, oh, let me just create a new email address instead of using that info. One because I’m, as of tomorrow it’s gonna be, um, expired. You don’t really, well, you don’t really technically need, like to have the company set up before you start bringing the report.

Because like I’ve, I’ve done it personally like probably six times without even having a company. You just, you can just have it as a person and then later change it. So I could walk you through that if you like, but no, there are different clients that we had assistance set up the email outreach and then they didn’t even have, it was just a domain that you need a website.

Uh, yeah, you don’t really need to send, that’s important for later on, but you don’t need to set up the company to set up the email domain. Google Workspace, you can totally say that again. You can go right into Google Workspace and set up the non-G Google accounts, you know what I mean? The, the act Marr capital or, or whatever you’d like to use.

Oh, okay. Without setting up the company. So you can just go straight there and, and, uh, it takes like, don’t have to set up this. I thought I had to set this up first. No, well, no, like I’ve done it like multiple times. Like it takes like probably five minutes. So, so, so, no, you don’t, you don’t to do that. But then besides that, I would just really, uh, simplify everything.

I would just really forward everything to that new, that new email. And then I’ll also download everything from the Outlook, and then I’ll just like leave the outlook there and then, uh, you know, yeah. So I have to then download everything from this email. Right. That’s what I would do. Just, just so that we both previous one so that we don’t go too much in the technical weeds for one, so we can get for you.

And then two is, um, yeah, just quicker, just quicker to get us and running

if you have, that’s not that emails at all. So that’s really, uh, actually really lightweight. Okay. It’s not bad at all. Okay. This’ll just work on that then, because it’s, it, I think it’s really weird. I’ll, it’s a lot harder to. Merge sent them over. I’m just gonna have to forward them. Yeah, no worries. So yes, in terms of, um,

you’re saying with the, the Google email, um, is it Google Workspace? This one right? Mind if I mind if I control your mouse? Yeah, yeah, yeah. Oh, I didn’t know you can do that.

Yeah, no, we, we had to do this for,

yeah. I, I’m in my market. It’s saying I have to, my system preference to do that. Oh, okay. Hold.

Um,

where do I go to about it? Um,

I have to go in the settings can to do it.

Um, I’m not sure which one I do though. Is it this one for access?

I actually can’t see the, uh, cause I, I can only see, you can’t see what I’m doing. Yeah. Um, I think I have to put it and then it’s telling me to leave and then I’d have to give access. Hang on. I’ll do it. If I hang up, I’m and come back in. Yeah, no worries. So, so I guess actually now lemme jump over to tomorrow.

Yes. Um, I am meeting Luis, uh, tomorrow, uh, or having a conversation. Um, then, uh, I had a conversation with, uh, today with j uh, so, uh, she’s going to introduce to me a couple of, uh, VAs, uh, and uh, yep. So I just start the process. Let’s see, uh, going forward, um, I have some financials and you mentioned that if I bring some financial information, you guys help me to underwrite a deal.

Is that right? Yeah, of course. So underwrite, like, we can, we can talk about the, so matter here is on the call, you can do it live or even one on one, uh, as a CFA place in Vancouver. And then we also have another one who can, uh, help us. Name is David, David Donovan. Uh, okay. Either, either even on the call or via email.

They can underwrite it, they can make whatever you need. Okay. Um, I probably should get the documents today, afternoon, or tomorrow. So I, I don’t have still yet. I was going back and forth with the, uh, owner. Uh, numbers are not bad, but it’s more like, uh, he’s averaging out 3 million each year, so he have a good.

Average around profit margin, but I want to see what exactly underneath on the expenses wise. Uh, because I don’t have, uh, much details. So once I get it, I’ll, I’ll try to send it to you, uh, to the group or not a group. Email. Shoot. Email. Yeah. So pretty much profit and loss statements, those are the things needed, right?

Correct me if I’m wrong. No. Can you take this one for, for you to take even make a fair, fair assess, fair model to create like evaluation, uh, what we

are waiting for me or,

anyway. Yeah, I think he’s, uh, probably, oh, sorry. Uh, I was on mute speaking.

Yeah. Uh, you were saying, can you please repeat that? The question, question was just for the, uh, like to create a, to come to tell them a fair valuation for the business or buying, what do you need from them? Like, if you wanna create a, see if it’s, so what, what kind of a business is it? This is, uh, uh, this business.

One business I’m talking is H V A C, eating, uh, eating and cooling. Um, yep. And other ones are plumbing. Plumbing, yeah. For these businesses, I think the best metrics, uh, we is to use ADA and free cash flow. Ebeda and free cash flow can be used interchangeably here, uh, depending on how much debt you have and, and things like that.

But yeah. Uh, but you can calculate it based on either of these, and, uh, so that’s one thing, but. But to drive the future ebida, you would also need to know how much growth and revenue you’re going to generate in this business, how much expenses are going to increase as a proportion to those revenue, and basically the future for us EBIDA from that.

So if you can get to those numbers, we’ll be able to calculate the, uh, the fair, intrinsic value of the business. Okay. So they will provide me probably PNLs, uh, on for last three years. Like, uh, 20 20, 20 21 and 2022. Um, yeah. All, all three company, all two companies. I’m talking another company. Let’s see what will happen on there.

So, uh, yeah, so I, I’ll probably will get that, uh, I’m asking a little bit of tax returns too, but not yet. But at least, uh, once I cross that bridge, at least have some sort of idea before I go to a certain stage. But at least this stage, I’m trying to get the p and l and understand what, where are they are, uh, so I can, uh, get that part.

Yeah. Okay. Yeah. Getting, getting a general idea of revenue growth rate. Yeah. Uh, cause expenses I would say would stay kind of like, as a proportion of revenue, they should stay, uh, close to what they were in the, in the historical periods. Yeah. So I don’t think that that much, so just, yeah. Rev, uh, getting an ID general idea of like how much, uh, growth rate in revenue we, we, we will probably see, uh, is a, a good metrics to start.

Yeah. Okay. Um, okay. Yeah, I, I have other questions, but at least I, I will, I’ll try to get this information first. Try to go to the next level before I try to, yeah, yeah. Okay. I’ll do that. I’m happy. Yeah. I’m happy to walk you through, like, once we have, uh, the initial numbers, uh, I’m happy to walk you through, you know, uh, the next steps.

Okay. Alright. Sounds good. Yeah. Thank you. That’s, that’s all I have questions. Na, yeah. Appreciate. Yeah, please. No worries. Alright Tanya. So then, uh, I think you’re back online. Are you able to share the screen then? I, yes, I am. Sorry. Um, were you wanting to, uh, you want me to share my screen again? Yeah. Just so I can get you through the whole, um, setup for the investment email.

Uh, okay.

All

button.

I mean, there’s a point I wish you would ask for the card number. I’m not gonna do anything there, but just really quick. So get started. And

this is name Mar, is it llc? No, I wanted to do an lp. Lplp should do an lp, right? Yeah, but I mean for the, like for the general partner, like the the main company, um, company that, for the general partner? Yeah. But, uh, I wanted to do an lp. Where’s the gen? Like it’s a general partner at, it’s gonna be in Delaware.

It’s an llc. I don’t know if I should do L C R lp. That’s what I wanted to, sorry, I don’t get what you’re saying. Uh, you want to do an LP for the general partner? Yeah. May I understand why I, I’m thinking that’s what he’s supposed to do to do LP instead of llc or No,

no, I, I’ve not seen it anyways. Maybe I may be wrong. I’m not seen it. It’s usually LLC or, yeah, and I’ll just for the general process, what? Yeah, cause, cause, so lemme just jump on this cause, cause again, cause the, the general partner is a company that is, that is usually taking the risk here and it’s usually the incorporation or the LLC or the corporation or the, or the C equipment, whatever.

And then the limited partnership is just the one that is taking in the, uh, investor money. And then it’s the limited partnership that’s just made for like, the investors to buy those limited partnership. Right. Oh, okay. Okay. So I should do it in a c. As look at, um, if you look at this, it tells you the options.

You cannot either do LLC C COR plus for these are the only options with the Delaware Inc. Yeah. So we actually, well, I mean there are two companies for the fund, right? For the fund there’s the general partner and then you can use any existing, so all these companies above LLC except for the five, oh, well 5 0 1 is nonprofit.

So let’s, let’s pretend five, oh, let’s pretend 5 0 1 is not there. So yeah, all those other companies, I guess where’s my, use my, so just a second. Lemme try to,

okay. I don’t think you’ll let me draw on the screen, but Yeah. But what do you, so you see the llc, the S corp, and all this. That’s for the mm-hmm. And then the limited partner is another company that you have to make. So if you already have an LLC line around or any company line around, I do have an LLC in Michigan.

Yeah. So then let’s use that for the general partner, and then let’s just create a limited partnership for the investors. Right. So the, so I should open an l the LP for the fund? Yeah. Because that’s what usually the investors will invest in. And plus remember that, um, data room that we made, you know, that’s for the limited partners to invest.

Okay. Okay. So I don’t, I should be creating an, a new thing for Delaware, right? Because I, I already have the L L C from Michigan, but that’s if I’m coming in, partnering with, uh, um, as a limited partner

question.

Can you repeat the question? Oh, sorry. Can you hear me now too?

Yeah, I’m just asking. Uh, can you hear me? Yeah, I can hear you. Yeah, I was just asking you to ask the question one more time. No, I said in terms of me creating this new, like the, uh, the fund that I’m trying to do, merger capital, registering it in Delaware, and uh, you are just saying when we’re doing the Google Workspace, if it’s an L L C R, if it’s not

or should I? Yeah, because I’m wanting to know if I should do LLC or if I should be doing it, uh, like uh, the C Corp or S corp. Because I always thought I had to do an lp. Okay. Yeah, exactly. So I understand because the Google workspace, let’s connect that one. So if, if you don’t mind, that one should probably be connected to the general partner because that’s the company confirm because the fund is like a lifetime of five years.

So then that Google workspace thing, that one should be usually for the general partner, right? Because that’s a company. Yeah, your fund too. You have your second lp and then you know, you can, cause the LPs are really temporary things that people are just investing in, getting money from. But then the general partner is like responsible for managing the, the, the assets.

So the, yeah, the Google workspace, let’s just do it based on the Michigan company or whatever company we do for the general part. Oh, so I should just use that one instead of exactly creating a new one. Exactly for, for the general partner. Yeah. But you’re gonna need to for the general partner. Okay. Yeah, exactly.

So that’s the part where I guess we, we’ve got disconnected. Cause I thought that you were doing it for the general partner edit, but then you’re connecting your Google workspace and your email stuff to the limited partner. So then let’s just do it to the general partner. Yeah, I wanted to do it for the general partner.

Yeah. What is the name of that LLC in Michigan? It’s my name Tanya Reed, llc. Yeah. Which, I mean, it’s fine. It’s not, it’s not really ideal, but, um, you know, ideally, like, probably we change it to something that would make sense for a fund or for a general partner. But I mean, yeah, I wanted, I wanted it to be magic capital.

That’s what I wanted the funding to be. Yeah. So then we should probably, I mean, you should probably consider like renaming it and uh, It’s like not just Tanya, Rita as the individual. It’s more about whatever the, describe whatever the name of your fund, Mar capital, uh, should be. So then in terms of making the, the Google workspace, what should I name it?

The one we were just doing this, uh, what was it? This one? Yes.

So I should still do it under Mar Capital, right? Yes. Okay. But, um, it’s not in Canada. It’s in us. Yeah. And then, and what’s funny is that they check your IP addresses, so Cause there’s there is Oh, they do. Oh boy. So, yeah. So I just wanna put it up there. Yeah. So, so I mean, yeah, what we can do, you can, if you want, you can take now and try to change it, but, uh, but yeah, like try to select United States and then.

Uh, who wasn’t working in the United States, but then, uh, what we can do if you want, so we can just get one of the support people on our side just to use a VPN and create it for you and everything. And then just give you the keys in the, well, I, I can, I can put a VPN right now. Oh, cools. Um, let see,

you have the VPN and everything all ready to go, or, uh, yeah, I have,

it’s not coming on the screen though.

Okay, so it’s now it’s on, now it is New York. Oh, nice. Sure. So, uh, I can see it. I dunno if you should, uh, just create a new, I just refreshed it, but should we just do it in a new

Well, I mean, it looks like it’s working already cause it’s, it doesn’t think we’re in Canada, so, so yeah. Let me just, uh, if it’s okay, if we can just this Okay. Oh yeah, it’s working already. Really well. Well done.

Which VPN are you using? Well, it’s just me for the, should I do all, should I set it up as two nine employees? Well, I mean, eventually you’re gonna probably get at least one more person. So, so that’s why I said too, cause eventually you’re gonna, like, there’s 99% chance you’re gonna probably Oh, oh yeah, yeah.

Okay. I get what you mean. Yeah. So that’s your email and then like whatever email you have to, um, well, I’ll just put in the margin one. That’s the one that I, I have I, that I just created today. Yeah.

That’s the one I would put. Yeah. And then I’ll next

business. Right. I was gonna do it with high level. I didn’t set up that yet either, but, uh, Did you or did you, so you did yet I didn’t set it up yet. No,

I’m not aware of Go Level does domain. So was it march capital com? Yeah.

So it’s good. It’s asking for all your, uh, all the information of the, you can answer this, this, all the information for your Michigan. I have, I use the Detroit, that Detroit address, but because I, I should do the, uh, the Detroit address is what I use for the L L C, but I don’t know if I should do that for this.

Or um, it has to be the Delaware cause it’s up to set that up. Right.

So I mean, well one, it’s not really that important cause means it’s an email account. Like this is more just for like tax like, cause when they send the invoice, like what company are they sending the invoice to? Expensive tax. But, but really like the idea is like you’re a general partner. Um, this is about the general partner.

So if you’re renaming Tanya Reid, uh, llc, then you can use whatever that Yeah, I can Rena I can rename it. Yeah. So then I think that one is the best, whatever address that one is.

Or should I do it in Delaware? Cause I can still set up the, that Delaware Ink thing. You can. Um, then this one is more just like the tax and this is where, escaping me this better, whatever is better for tax from the tax point of view, uh, whether it’s Delaware or Michigan. And that, and then 99% of people do Delaware for, for tax reason.

So that’s why I’m saying I should, shouldn’t I just form the Delaware Corporation first and then do this Google workspace after? Cuz look, it’s asking now for the, for the address? Yeah. Yeah. You can change the address or can I change it later? Change it right later. Cause, cause it really, it’d be really easy to change it like five minutes.

Okay. So should I just use this Detroit address for now and then change it? That’s what I would do. Okay. Alright.

Well, I use my, my number. Is it okay if you use a Canadian number for this be fine, or it has to be US number because I do have a US number that I use for texting, but it’s um,

And this is, this is your private stuff. And then, and I think from here it’s gonna just ask for, uh, you don’t even have to pay anything out pocket until I can think the first 14 days. But this is just your name. Mm-hmm. This is more your own personal, whatever you wanna, so should I just do info at Larger Capital?

Should or make my name? I’ll try Tanya. Yeah. Convert. You just do Tanya? Yeah. Tanya. Like the name Convert a bit higher. Okay. So

just do it as Tanya at Capital? Yeah. Okay.

But that’s pretty much it, except for the card part, and then afterwards, then you get the email, and then that’s kind of where we’re gonna do the whole outreach and all.

So it’s 2160 US dollar. Yeah, that’s for the, that’s for the domain and the email. Oh, okay. So what I can try it for 14 days? Exactly. Okay,

I’ll do that. Hold on. I think that’s really the main, uh, that’s the main idea. But, but we can always, um, you know, continue to hold support. We can go on, send Zoom videos back and forth or, uh, or continue support, but that’s 99 percentage. And then, uh, you just send that and then you get the, you know. Mm-hmm.

But in terms of the go high level, right? Is it, is it workout cheaper to do the go high level? Level is a bit different. Cause that’s more for, uh, Like, I don’t think that they do domains, number one. Number two, they, their email is more for automations and outreach. Like, it’s more like aggressive stuff. So this is just basic.

Oh, okay. Like, like, you know, your domain is sent to receive email, but then you need this first, first to even have to go level, because without a domain, how can you set up the automation? So this is just like, oh, ok. Okay.

Cool. So let me, uh, hide your, I guess let, let’s just stop. Yeah, we can stop sharing. We don’t show the card information. All right. So anything else Tanya? I think that was really productive. Um, that was like the main thing. Um, oh, what did we talk about? Um, doing the invitation. Um, I guess the scripting, did you get to do that?

Yes. The scripting, uh, help me out. Remember what we talked about on Friday? Yes. So the scripting for a few things. There are a few things. So the scripting for the business plan or for the outreach. Okay. The outreach for outreach. Yeah, the outreach, yeah. So yeah, that one is really just the, the first. So it’s really just like, what are we, what are we saying to them on the call?

Um, so the idea is to, to repeat the idea is if they say, okay, send us the pitch deck and send us all this information, you know, then we just want to say something like, okay, um, you know, there’s several deals in the pipeline, and then as soon as you know, I have one that would make sense for what they’re looking for, then uh, you know, we’ll, we’ll send it to you.

So basically to be more, more vague so that we don’t send them something that’s outside of their criteria and turn them away. And then if they say, okay, yeah, let’s go on a call, uh, then we’re just asking, what’s your criteria? And then if they ask us what deal do we have, we just keep it more vague so that we get their criteria first.

Uh, so the, the main idea was what I was making was we just wanna get what our criteria is before we send them a deal. Uh, so we can just send them exactly what they’re looking right. Okay.

Okay. No problem. So that, um, I’ll follow up again with you on Wednesday about this, then we’ll talk further. Yeah, no, we have a lot. Good, good start. So it’s good. Okay. Thank you. Alright. So after Tanya, we had Greg.

Okay. Um, well I got your contact that you, uh,

Uh, he’s in London there, England. So I talked to him last week and gave me some good insights and it was good conversation. So what, what he’s doing in the oil gas is a little different than I’m thinking, but he still gave me some good insights and definitely good contact. We had a good chat half hour, so that was good.

Um, I started thinking a little bit different about how to structure this is because technically I’d be like a middle man and that’s one of the issues I’m having is what about funds of funds would, cause that’s basically their criteria is to invest. They take their capital and invest in another fund, basically.

That’s their mandate. So I was thinking that might work to avoid that middle, to basically not avoid a, basically you enhance, basically I’m a middle man, so that’s what they do is they invest in middle, they invest in other companies, they invest in another fund and that fund terms invest in the other assets, whether stocks, bonds, real estate, whatever.

It’s, so I’m thinking that’s. One of the options. I was just wondering if you had any experience with funds of funds? What are your thoughts? Yeah, so the only experience we have with fund of fund, it’s, it’s quite limited compared to the, uh, to the syndications or the funds, because the only experience we have for that is more people who are raising money to put into syndications, and then, and then they call those, some people call that fund of funds, even though it’s not really a fund of fund.

Uh, but, but, but yeah, I mean, our experience is a bit more limited because that’s one thought. But the second thing is how would you, how would this work for you? So then you have the, what would be the funds that you, that would be inside of your fund? Would it be the oil wells or is, or like multiple oil wells in one fund, and then your fund has fund of multiple oil wells, or how would that look like?

Yeah, yeah. Like you put it into like an LP or GP structure, however that it goes, and then put. Buying to many different projects and different assets and different funds and stuff. Like take that, fund that capital and then place it into different wells, you know, so it’s not just one one fund per one, well, or per project.

So it’s multiple projects. Just keep it simpler and then we’d kind of, that’s part of our management fee is to look af, look at the fund, look at the oil wells, watch them, manage them, you know, collect the revenue and then the revenue that then we board onto their, their, their slice of the pie kinda thing.

Yeah. It sounds like, it sounds like, uh, I mean that one sounds like more like just fund, right? Where it’s like you’re, you’re raising money to allocate into like a diversified portfolio of oil wells. Yeah. Instead of it being targeted to one. Yeah. Oh yeah, for sure. It’d to be diversified. Absolutely. Yeah. So no, it, it make, it makes sense.

The only, I mean the only things that there are certain risks and we can talk about that and then we can talk about ways to address it because, uh, I guess even on this call, I, I, I like, uh, like add a’s story for example, because I mean, he, he did syndication in the real estate world because uh, that’s what got him success.

So like some people, they like just doing the one-off because of the success that they have in, in selling the track record. Cause there were some deals I worked on when I was working at, uh, dig Max. It was like an EMD back in Toronto there and for them whenever, yeah, whenever people tried to sell funds and then it, it was too like a sophisticated investor, sophisticated investors, they always just said, oh, we just want to get this one deal in your fund.

So I think you can do it. I think the, but then to do it, well I think if you targets, um, this, the less sophisticated investors that are more, almost like nine to fivers, that are really rich, that don’t know where to. Then you, I position you as more of like the expert to, to take the money and then invest for them.

So I think that would be a, a quick win if you do it that way with the smaller check investors. Uh, this is just, I see. Um, maybe I’m wrong, but that’s just one, one, uh, perspective. Um, but it could, you could definitely, uh, knock it out the park if you like those small oil well deals. I remember you’re doing a few small oil deals.

You could get a bunch of them. Yeah. You target like maybe like a doctor or, or somebody or a lawyer or somebody that is just busy and then are pro you. Then that’s, that’s one way to do it. Yeah. Yeah. No, I got a couple already. Yeah, no, that’s was thinking is both, is, you know, the funds of funds and there’s a small, smaller investor that also wants to invest in it as well.

It, they can invest and we kinda manage the capital that way. So it’s, it works out both. It could work for both. Yeah. And, and so by both you mean. Both the one-off and, and the fund of multiple, right? Yeah. Like the one-off

investing in one or two wells or one project could work, but then, you know, it’s much better if you can invest, take, invest in to diversify and spread the risk out across multiple wells and multiple projects. But also on the other, on the flip side, on the investor side, you can get the investment funds from a fund they put their money in as well as get a smaller check investor that wants to put money in as well.

So that’s, they can work for both a larger fund that’s got bigger check investor as well as a smaller check investor. Okay. Yeah, potentially. Yeah. And I think, yeah, I definitely think, yeah, knowing, knowing, knowing some of your story from early on. Yeah. The big check investors, they’re just so, they, they’re just like making control investments.

They’re, they’re sort of like, Like, you know, those, the people that take commercials and acquisitions courses that use other people’s money to try to make control acquisitions. That’s basically a lot of these big check investors in my opinion. Except the only difference is that they actually have real money to invest.

So, uh, yeah, I noticed that they’re just very big on control because if you take your to them, they’ll just say, oh, you know, yeah, this is through, I just wanna have a hundred percent of this and that. So, yeah. So I, I think the next direction is, uh, I mean it’s pretty quick. It’s almost the same paperwork as the syndication, except you just tweak a few things.

So it’s easy for us to get it out. Uh, but I think the main thing is for us to, um, change the targeting to, instead of it to be institutional will be mom and credit investors. And I think America may be much better for this, like Canada’s great and so on. But, uh, you know, here it’s really conservative. So if we just target like credit investors in, uh, that quick to get like small, mini, small subscription.

Yeah, nope, for sure. And then I also got a meeting Thursday morning set up with, uh, a venture capital private equity group here at Edmonton. It’s, uh, some contacts I’ve had for many years, so I’ve keeping in the loop what I’ve been doing with my own, so they’ve, they’ve expressed some interest for a while.

So we’ll see what happens on this meeting, meeting on Thursday. Nice. Yeah, whenever I hear venture capital, I get kinda, uh, because we sent tons of emails to venture capital, like sometimes they’re just very, um, sometimes it’s very, yeah, I wouldn’t callem venture capital, it’s a couple guys I know that raised capital for smaller businesses in the city and they have a network of about 300 investors.

And I dunno, we’ve been friends for 15 years, I’ve known them. So it’s more of a, more of an inform formal coffee is what it is. Really not a meeting per se. No, that’s brilliant. So, so next step is, yeah, we can get it done whenever the time is right. We can make it for you. And then the last thing I’ll recommend to somebody called, uh, Amir, he, he has a, a fund that is more, that is exactly what you’re talking about, except it’s more targeted for, uh, it’s more for biomedical, like for doctors who wants biomedical and biotech startups.

It’s, it’s really, it’s one of the most risky deals we have. But he actually gets a hundred thousand dollars a month committed or more. He run, he spends $5,000 a month on Facebook ads and he, he just sells directly on the webinar. So that works really well for him. And those deals are, they’re sort of more risky than, even, than, than an oil thing because, you know, it’s, it’s a startup, it’s a venture capital fund.

It’s like the most risky thing. So, uh, I think I just, what I, just talking to him and there’s nothing kind open. Open your perspective on what other people that we’re working with are doing to just say, okay, um, this is how he’s structuring his capillary’s campaign. Right. And then you can Yeah, no, that’d be great.

That’d be great. The more people I can talk to that are doing something similar. Absolutely. Yeah. So I’ll just do exactly what he is doing almost, except Yeah. Well, um, you know, he, except I don’t really, don’t focus on the ads or anything, but we’ll just do manual, more manual organic will work first. See if, and then if it does, then we can create a system.

But yeah, I’ll just copy his, his method, uh, and target the more small check type of professionals, um, and then have a vetting process without focusing on the big check investment. Yeah. Okay. No, that should, that should work. If he’s bringing in a month, that’s quite, quite good. Yeah. So just look out for another intro and then, um, then, and then when, whenever you’re ready, we can do your.

He could be self-served if you click on this finished data room or if you need us to do it with you or for you, then uh, we’re here whenever you need it. Okay. Yeah, no, that’d be perfect. That’d be perfect. Okay. That’s all I got for today actually. Sounds good. Alrighty. And then I think it was Craig iPhone.

Craig, how’s it going? Hey, NAIA, how you doing there? Good, good. Just another Monday just rolling through it, right? Yeah. I’m not sure if SRE popped in or not, but, uh, he said he was, but I, I just wanted to make sure I got here. Um, we owe you a, uh, spreadsheet. Not a spreadsheet, but a, uh, slideshow. And, uh, I believe he sent that out to you this morning, I’m not sure, to your, to your support.

And, uh, and we were going back and forth with this thing because. Know, he least like getting everything in one, uh, pitch. Like, you know what I mean? I was like, yo, that’s not the purpose of it. We want to just grab attention. So I was able to get him to cut it down to a, a, a certain point. Um, so that should be there now.

Um, but I think we’re gonna have your team put it on the, your slideshow thing there, and, uh, it’s literally broken down. Slide one through seven or something like that, slides up to slide seven. So take a look at that and then of course, you guys would, you know, do what you think should be, uh, you know, something that will grab the attention because all I need them to do is just to pretty much, uh, you know, get the virtual assistance to, you know, get us booked appointments, you know, um, everything else we have from there.

So it’s just, we just wanna get past this slideshow thing here and, uh, get out there. So, I just wanted to check and see if you, if you have that or not. So that’s pretty much it. Sure. So then have somebody to,

but I’m manual

this last time. I think you sent something last time and information. Yeah. He was adding a lot of different things there. I know you guys had put some, uh, images on there. Uh, but he wanted to add some, some of the images that we have or use our images, if you will, uh, which kind of tells a story on its own.

Um, then my bio was changed a little bit more of a story type thing, but we had it edited down to a very short version of that. Um, so the bio and the, um, I I, I guess I’m gonna call it a pitch deck, is the word I use for it. Um, but it, it’ll literally show you slide, you know, slide one, slide two, all the way up to seven up, I believe.

So. Um, and I think he sent it out this morning, I’m not sure, but just wanted to make sure you got that because this is the only thing that’s holding me up so I can, uh, get going here. You know what I mean? Exactly. All right. All right, cool. Cool. Well that’s all I got. I was just checking in cuz I wasn’t sure if he was gonna check in today or not, but that’s where we’re at.

Awesome. Awesome. Great. Okay, so actually wait, hold on. So I dunno if I got it. So I see, uh, he usually sends us the support. I’m not, uh, you know, I’m not sure, uh, if he sent it directly to you or support, but. I just wanted to follow up on that, make sure he did send it. So if he didn’t get it, I’ll make sure he gets it out to you.

Okay. Yeah, I don’t think I, I don’t think we got it and I’m looking at

everything here. Cool. Sure.

You got it? I don’t think we got it. No, we, I don’t think we, I think we Okay. That’s all I got, bro. Okay. No, no worries. So, so next, just make sure that I get it. So make sure that you send it over so that I get it and then, um, then we’ll take care of it. Alright.

Just making sure you heard me correct. Great. Yeah, I, I got, okay, good. Good. Okay, next. It was,

Hey Nate, too. Uh, I have to jump right now anyways. I have to jump another call in two minutes. No, no worries, no worries. Hey, anything, anything. As you know, I’m here, we’re helping out that carwash deal. Yeah, yeah, absolutely. And nothing near my end, you know where things are, so just let me know once, once you have some green lights on your hand.

Yeah, I I just wanna take it slow to, to be careful of that relationship and then as soon as Sure. I get it, I get it. Absolutely. I get it. Great. Great. Alright, so I think that’s pretty much it, but before we wrap up matter, can you share, uh, just any update on macroeconomics, if there’s anything new from last week?

Um, you know, fiscal policy? Uh, yeah. Uh, yeah. There has been an update on, on the market. So as you overheard, frc, uh, is also. When, uh, also when bankrupt and was bought by, uh, JP Morgan Chase. And so it’s, it’s the same thing that we were talking about last, last week, that the interest rates and the difference between the interest rates and the deposit rates that are offered by the banks is going to lead to an outflow of capital from the banks.

And that is leading to all these issues that we are seeing. And at the same time, there was a news release today, just a couple of hours ago, I believe, uh, that Janet Yellen just said that, uh, the, the US Treasury might run out of cash, uh, because of that debt ceiling raise, uh, as early as June. So, so yeah, the markets you have seen, like the markets have gone down today due to that reason and, and also the f c reason.

So yeah, I would say like the, these are the updates, but. In my view, the trend hasn’t really changed. We still thi, I still think like we have a long way to go and things could get probably worse. And, and it’s the same thing. You want to have liquidity high, you want to take less risk at this time and just stay steady, generate cash, not invest as much.

Um, yeah, that, that’s my, uh, uh, uh, thought process right now. Yeah.

So that means like when we trying to raise the money, people will have a little bit of hesitation, right? Yes, yes. Absolutely. Okay. Because the banks don’t really have the deposits to, to lend, like they, they are scared that they, the deposits will go out, which, which they are. Like, you see an outflow of deposits in, in all the reports that we see these days.

So, yeah, if they don’t have any fire power to lend, uh, so yeah, the con the lending condition, the credit conditions are going to be tight. And the, and this is the f c was a top 15 bank in, in the us second largest bank failure in in us. So, yeah, I, I don’t think this stops here. Things could probably get worse.

So, so just hand tight, I would say. Yeah.

What are your thoughts? One more final question. Um, a lot of earnings reports were released on, I dunno if you followed much of the companies, but a lot earnings reports from the last quarter and so on came out, you know, financial statements. Uh, have you noticed anything like in terms of the growth of any public companies that are in different sectors and that relates to overall macroeconomics?

It’s if. Yeah, so there, there’s one interesting thing to note, uh, on the earning release and the, uh, year to date returns for, for the s and p and, and other indexes is that the majority of the returns are coming from the FANG stocks. So that’s the Facebook, uh, Amazon, apple, Google, and Microsoft. So it’s, it’s coming from those stocks and, and if you see the returns excluding those five stocks, you’ll see it is completely flat for the year.

So that is a clear sign of the, the crisis in the, the economy, in the, the main street economy. And whereas the, the big companies who have a lot of leverage, who have kind of monopolies, are still performing well. So that is actually keeping the economy high, and that is keeping the stock market high. But if you look at the, the gen, the overall economy, it is not doing so great because the smaller companies are struggling to make money, are struggling to have cash ha are struggling to generate cash.

So yeah, even though we, we see an uptick in the economy and in the stock market, I, I would not necessarily take that as a good sign because it’s highly dependent on the, the tech companies. So it’s almost as if the tech companies are like, are like the new blue chip companies. Uh oh yeah. Absolutely. They, they are.

Especially Apple and Microsoft at this time. And Google too though. Yeah. But these two, three companies are, uh, just, uh, they, they’re like share monopolies and mm-hmm. Yeah. They, they have a huge amount of leverage and, and they’re just producing cash every, every quarter. So Yeah. But the overall economy isn’t doing that.

Great. Yeah, I, I saw some article a couple of months ago why Warren Buffet always buy like insurance companies. I didn’t understood, because you don’t bill, you don’t have a physical product, right? You just, just, uh, once you create once you just can’t replicate the same thing. Right? Same thing on the, the software products.

Once you do it once, you just keep using that thing. It’s a subscription model or something like that. But the rest of the things, you have a physical product. That means you need to have the resources. That means it don’t impact impact on the inflation right side. Right. I’m not saying I’m expert like you guys, but I’m more, I read it, I’m trying to understand the why some people do certain things, so that’s why.

Yeah, like the insurance is a little different. I would not compare it to the tech companies. Tech companies. I completely agree your point that they, they have high cross margins and, uh, they can scale the, the software that they have built, uh, exponentially by not spending any additional capitals, which is absolutely true.

Uh, whereas insurance is more of a liquidity game, I would say. Mm-hmm. So the biggest thing in insurance is the float part of it. Okay. So you see all the major co major insurance companies, they have a big float and that generates their majority of their returns. The, the profits not really the gross margin because gross margin does come from, uh, basically the, the, the amounts that they receive as premiums and minus the amounts they pay out as benefits.

So there is a small. Margin from there. But majority of the, the margin is coming from the duration mismatch and, and them having, uh, uh, a large amount of free capital in hand to invest in other things. Hmm, interesting. Okay. Something I learned something new. Yeah. Good stuff. Yeah. Yeah. Everything on these calls.

I learned something new too. So, so I think, I think that’s pretty much, um, ties everything up. Uh, somebody feel free to comment if you want, go into something else, but, um, as usual, it’s just the whole support. I raise com for any, any questions or inquiries, and then we’ll, we’ll be here again. Uh, Wednesday at 11:00 AM Eastern and every, every time this week, uh, Monday at 6:00 PM Eastern as well.

So, So with this, thank you everyone for your time, and then hopefully we help you get your deals done as soon as possible and keep on pushing forward. Thanks. I appreciate mm-hmm. You. Thank you everyone. Thanks. Mad. Yeah, appreciate.