I raise funds.

Or any design? No.

But now we actually built something.

Two million?

Now, who are they accountable to?

And each round is kind of, every time you have to go back to the till to raise money, that's kind of a round of financing.

They are just going alone! (Applause)

Yeah, no.

And you want me to buy a table at your next fundraiser.

They're valuing these assets at 1 million.

As investors flee

In this sense, we are at the very beginning.

That would certainly raise some cash in a hurry.

Yes, it's an enterprise.

Foreign investors withdrew their money from America.

Foreign investors withdrew their money from the United States.

And I'll show you why that matters in a second.

Big investors.

We raised 200 million dollars in a specialty fund to work on a pandemic in biodefense.

I've got a slew of other investors here. What am I supposed to tell them?

How much pressure are you feeling from your investors right now?

He valued what we already had at 5 million dollars.

If hundreds of people didn't buy this, we couldn't put it on the market.

This is the total actual value.

Ramone is running some sort of money skimming operation.

So our old balance sheet let me draw all of the shares

Just Manic Enough.

And of course the investors would care that the money that they're essentially giving because they're giving money to the investment bankers who are giving money to

JA

Talk about sustainable investment, no one is interested.

And that seems like a pretty reasonable proposition.

At the time they were mostly losing money.

Because you're never going to have somebody push a bag of money at you across the table over a series of Powerpoint slides.

Freedom is the difficult part.

So you can imagine, this is the actual amount of cash that

And of course the pre money valuation is just you just take the pre money valuation plus the amount of cash they're giving us.

By the way before we go forward, this is one point I want to mention.

Welcome back.

We did a screening in Germany

The amount of money you get.

If there are investors willing to finance

And we allow entrepreneurs to share a percentage of their revenues.

On the equity side of the equation we just have four million shares.

But they just took their word for it.

It matters to some degree for trading purposes.