Amaze.co

Welcome to the Amaze Investment Webinar today’s presentation will tell you all about this publicly traded business in an exploding market and how you can invest with confidence. Make sure you stick around to the end for a question and answer session without further ADO. Let me turn it over to the CEO and founder, Aaron Day. The creator economy is powering a massive change in how we view content, how we build communities and how we buy and shop online, Not even Amazon is safe as the power of the community continues to grow in form I’m going to talk about the market opportunity, Make sure you understand the power of creators, they’re everywhere touching everything they are the new generation of entrepreneurs we will discuss the problems they’re facing and how Maze is solving these problems in a big way and why you should invest We have chosen two types of convertible notes with very favorable terms for this investment we will get into this in more detail near the end of the presentation but wanted to give you a quick preview up front So here we are on slide five and I have not even introduced myself. I am Aaron A I’m an experienced tech executive and founder. I found an I found it amazed with one corego in mine to make online selling stupid simple If you’re eight or 80, you should be able to sell online in less than a minute Our motto at a maze is to allow anyone to sell anything anywhere with simple tools that connect a little bit about me so over the course of my career I’ve helped take a tech company public and had a hugely successful exit. The company’s name was CREO. We took it public in 1997 and sold it in 2005 for over a billion dollars. I then became CEO, One, the largest industrial autom man manufacturers in the US, and for over eight years led that company, the company’s name was trend I spent about, I spent about two years leading a private equity group called PCC and then in 2019 I joined Canva and I helped Canva grow into a world powerhouse working directly for the founders from 2019 to 2021 but it’s not just me or the AI version of me. Sorry, I had have a little bit of fun with some of our AI tools. We’ve also recruited a world-class board with tremendous experience and social media, social commerce and public company excellence. Very excited about this team on the board and then to support the company and myself going forward, we’ve built out a powerhouse team of leaders that have combined over 50 years of experience in social media, Social commerce Integrated commerce design software Online Media The team comes from places like Amazon, Oracle, Brooks, Brothers, Barnabus Theory and many others and it’s very, it’s very fun for me as a CEO and founder of the company to watch the business media because they agree our leadership team has has been highlighted in and the Information Business Insider Yahoo Smart Money, Times Bridge and many other global publications, and we’re just getting started so I expect to see a lot more media coverage of our team in the space so at a At a High Level, What is amaze? So amaze is this software company that’s building out tech at scale to help creators and brands come together over the next decade to power a new wave of online commerce. This is a marketplace unlike anything we’ve ever seen. Our goal is to connect them at scale as they build influence, as they build communities and rapidly help them, help them reach anyone. So, remembering our core motto allow anyone to sell anything anywhere with simple tools that connect, allowing creators in their communities to grow and monetize, allowing brands have access to those communities, anyone, anywhere, anything really really important. So why are people called creators? You probably heard the word influencer before you’ve heard this thrown around quite a bit. There’s a difference between a creator and influencer. We’ll talk about that more in a minute. But people are called creators because they create visual content that is displayed on social media platforms like like like Youtube or Instagram or Tick-Tock and and that media content helps them build the next generation of a community of a follower base right so they’re building this, they’re creating this content they become content creators some content creators some creators create content because it’s their passion, their passionate about a topic, a subject, anything you can think of right some creators create content because it’s now the best way to build a customer base to build an audience. Right, so so they, they may not be as passionate about the content, but they realize it’s a very good way to build an audience at the end of the day, Becoming a Content Creator is the new form of an entrepreneur right, and those who do it best will drive our economy, But creators are not new when you think about it, They’ve been around for hundreds of years, from newspapers to magazines to radio, those those people creating content that people wanted to listen to or read about you know they were technically creators back in the day we’re going to start our conversation, talking about creators in the modern era right and and what you need to understand are creators are creating content anywhere from any device at massive amounts, Any mobile device, any desktop, any laptop, any ipad, anywhere you can create content is it’s being created and massive amounts of content at the recent Con festival in France. It was all about creators, advertisers can’t get enough of them. It is the topic of conversation everywhere you go because it’s it’s a way to build your brand that’s very viral. There’s been three massive technology booms over the last 30 years that are important for you to understand when you think about amaze and why you should invest in a maze so the first one was cable cable TV came onto this onto the scene and it gave creators people creating unique content, access to millions of viewers. This was a radical change from the previous forms of media newspapers, magazines, radio, traditional TV and in that moment in time you saw a massive increase in technology. Technology had to scale and grow rapidly. A lots of lots of money was made during that period of time. This led to the Internet so as the Internet economy was born, thousands become millions or tens of millions of people now creating content, all in a very short period of time when the Internet came to life. It was the first time what I would, what I when I would call a non professional creator, could actually step into the scene and start creating content that would be independently distributed via all these new sources right and so now all of a sudden you have this, you have another wave of a massive technology boom and an opportunity to make substantial amounts of money on your investments. Right so this is second wave It’s important to realize, though most people forget this, that the Internet existed for quite a while before social media became a very popular medium. Right, so there was a period of time but now now with social media you can see that it has just exploded, right so fast company pegs the number of content you know, professional and semi professional creators globally at around 207 million people. Other sources, like Goldman Sachs, think it’s more like 450 million people globally. What you should understand is that a semi professional creator in most categories is considered somebody who makes between 50,000 to a 100,000 a year and income but still has a full-time job. So think about that 207 million semi professional professional creators powering what’s going to become a trillion dollar economy in the next couple of years. It’s a massive, massive amount of people creating content and it is going to disrupt massively the technology that’s needed as they become more and more than the means for creating new brands. So as this has happened, lots of new pain points have have have arisen from this huge number of people creating content. Right, fixing those pain points has to be done a scale and this is as an investor in amaze, something I want you to really think about. Right, whatever you’ve seen in the last 20 years at agencies come on to the scene in a massive way. It’s because technology was lacking in the last three years, over 15,000 new small agencies have been launched, It’s because these craters need tools and stuff like that that haven’t been built completely yet until you find companies like a me, so we’re going to talk about some of these pain points and make sure you understand them very clearly. The first pain point is that people create content for many different channels Youtube, Tick, Tock, Instagram, picks, Picturist, Snap, Twitch discord and they all have different tools and different channels and it’s very, it’s very sort of broken and disconnected and creators really struggle with this because they’re trying to build authentic communities and audiences that require that want to view their content, every platform requires them to use different, use different types of channels and technology and so it’s very every it’s still disjointed, Right, it’s not easy for creator and that’s why you see most content creators today are still living on one platform and they really haven’t evolved into being multi platform creators because it’s very complicated in addition to that, many of the tools that you need to monetize, so selling tools, payment tools, taxation tools, all these things that you think about a small business needing are still very fragmented across all these platforms and building their brand is very difficult in these platforms and lastly the So you think about a small business the reason that they were, they’re becoming content creators as businesses is that they need to grow their audience, they don’t have enough money or revenue to spend many of them need to spend 30% plus of their revenue on paid media. Paid media is just not performing for them like it used to, and they can become to build this audience is still very costly, it’s requiring lots of their time and it’s challenging for them, right, So unique content engages fans and it goes viral, it rapidly helps them grow audiences right, so as you think about all this, it’s still very painful and then on top of all that, these platforms keep changing their algorithms, they change them to optimize performance for themselves, their platforms, their AD revenue, They’re not thinking about the creators and the creators must think about ways to protect their audiences, so it’s a very interesting dynamic that’s happening in the crater economy right now and you can feel the pain points so now let’s talk about brands, So brands realize how successful creators are becoming with building communities and if they protect their audience, they can become a popular brand themselves, so creators are becoming the next generation of brands. So what is the goal of a creator to become a household brand, to build a brand and so so as you think about this you’ve got this sort of coming together of creators and brands in this next generation of commerce, online and existing small, medium sized brands know that if they can partner with a creator and engage in that community building process that they’re going to have a lot of success we’re seeing it all over The Place in our company and it’s very important that you understand that this, this is happening the Ry a day for brands to work with creators is coming in at close to 6X that’s that’s staggering in the space right and the row as is getting better and better so so you’re you’re you, you know that that data is going to drive brands and creators together and there’s even more pain points now they’re going to come from that because now brands need access to creators at scale, right, so that 1% of those professional craters, those megac, craters, they have agencies representing them, they know how to find brand partners because there’s a group of people doing it for them at a very expensive price. So as we think about how we bring creators and brands together, scale this has to be done for small, medium sized brands which there’s millions of and this has to be done for small, medium sized creators which there’s millions and millions of right there’s really, there’s really only one option to do this and you’re going to hear about this here in a second so what’s the pain point that brands have, they don’t have access at scale to creators, right, they have today most of the time it goes to an agency which is very costly they, they are using paid media, which is very expensive to them. There’s lots of studies that are out there to talk about how much small small brands need to spin up, pay media to grow their business is extremely, extremely nonproductive way for them to grow their business and probably the largest pain point is incentives are not aligned yet between creators and brands the next generation of commerce as it grows between brands and craters It needs to be fair to all parties, right if an agency is in the middle, they’re going to take somewhere between 40% to 50% of the revenue from the crater, so the crater is not completely motivated yet, so if they, if this can be done with technology, then the craters are going to be very motivated to work with brands because they’re they’re aligned in the effort to build this community right, so there’s there needs to be this massive disruption the markets ready for it, you could feel it coming. Let me take a second here, let you answer a poll question we have from our moderator and I’ll be right back with you. Great thank you. Everyone go ahead Aaron Okay so we’ve explained the size of the opportunity, the need for massive disruption in the space. Let me tell you a bit about Maze now as a company, what we’re doing a little more about us fundamentally so amaze with Public Be a merger with a company on the New York Stock Exchange called Vine, our first share on a meeting was June 12 and at that time you all the proxy votes were approved, but one but that’s when the amaze preferred stock converted to common and some of that still kind of trickling in right now but but amaze became the Amaze Holding, Inc. Became the parent company on the New York Stock Exchange. Our ticker symbol is now Amze and you now see most of the data feeds updated, which you don’t see yet, which is important for me to let you know is that we filed 110Q which had about a week of amazes revenue in it less than a week. So so you’re going to see in the next 10Qa full quarter of Amazes revenue come in. So as you understand more about our business and you follow some of the analyst coverage on our business, you’re going to see that the revenue should grow substantially higher as we file the next ten Q amaze is real, it is developed and is reaching help it, it’s reaching and helping creators at scale. We’ve spent the last three and a half years and millions of dollars building on a platform that’s one unified platform, It solves all the problems that we talked about for creators, it has massive market reach there’s no risk to creators on our platform, it’s been showing huge growth every year and we’re bringing commerce to where audiences live and this is really important for you to understand this we are, we are providing technology that allow creators to create content and have their audiences view it where the audience is want to view content very important and as they view that content where they want to view that content allows commerce to happen natively in sort of just naturally where they’re viewing it so it’s it’s it’s a great thing and here’s some examples of how we’re solving these problems quickly for them, this unified sales channel How it works inside of a maze is that let’s say you’re in Youtube or Tick-Tock once you get to a certain number of subscribers, let’s say it’s 500 on Youtube, a little red flag pops up and says would you like to monetize you come in, you, you engage in MA software, you integrate it in your platform and now once you’ve done that first integration and you’ve created your first selling experience you can now go through all your other platforms and connect them very simply so it’s unified, it’s one selling experience across all social media platforms for all the products you’re selling online then we use all of our tech and our AI to help amplify that, that, that experience, there’s no need for third Party tools. So what people don’t realize about? Amazed that we build out a global supply chain, we have integrations with suppliers in India, Australia, North America, Europe, We have the commerce tools, The check out tools we have distribution supply chain integrations We have marketplace tools, all these things built in so you don’t need to go out and integrate anything else, it’s all no code it doesn’t require a bunch of app integrations, like some of the other platforms, it’s it’s completely integrated as one technology stack and what’s really important that you understand is that the platforms love us because we allow the, the, the commerce experience that happen in these platforms, the viewers stay in these platforms they continue to view content. It’s really important to them and what we’ve been able to do through this integration is we’ve been able to collect over 1.8 billion unique visitors, so we have this massive database of fans that have come in and watch these craters create content and, and look at their stores and buy things from them. So so we’ve become this sort of crater data powerhouse right, and we’re just getting started with how we use this data, but we have, we have about if you think about 2 billion people, roughly out of the total global population, we have a huge amount of data on what people want to buy right so it’s pretty powerful and we’re helping, we’re helping creators attract and build audiences with with our technology, So why do brands want to work with creators let’s let’s go through this again and how are we solving some of their problems first and foremost, brands need to reach audiences that want to buy their product creators are building unique audiences of fans and communities that want to know more about the content that they’re creating so there’s this like synergy that brings them together by us being able to put brands and creators together at scale through technology, it allows them to have access to certain verticals of creators and certain communities that are very expensive to get through to paid media, Remember we have over 12.3 million creators with stores on a maze so that 12.3 million people are talking to millions and millions and millions of fans with all these different unique interests. Right so we’re we’re allowing brands to get access to that at scale, we’re reducing the cost, right because now to come in and partner with a creator on our platform and and sell together both sides can monetize, we have the entire supply chain. So so it it’s becoming more and more aligned the The high cost of traditional pay media is no longer needed. As these brands come together small brands come together with all these small medium sized creators, so it’s a very, very unique way for us to help the massive amount of small brands in North America who make-up like 70% of the GDP, find ways to discover new audiences, new fans that want to buy their product and the last thing I think that’s really important is that there’s this big big rush right now to tools like Chat EPT, but remember they’re also controlled by algorithms. Right, so if you use chat to be teated to try to discover new audiences, the ones that pay more are going to get more premium coverage, right, so it doesn’t really bode well for small, medium sized businesses we are the best solution for them to help find new audiences at the lowest price with engaged communities and then lastly you know by doing it this way, by allowing brands and creators to connect together at scale We’re not an agency, we don’t need to take 40% of the revenue from the Creator so we’re giving the creator much more income, much more revenue in this promotional split. And so they’re very engaged, they want this to work right, they want to bring specific brands to their communities and help them, and you can feel this happening just recently Amazon announced that in some of their influencer programs, they’re doubling the commission rate still not a lot of money for these creators in the Amazon world, but in our world I mean you’re talking about double digit revenue streams for these creators to help these brands, so it’s pretty powerful Okay. So we’ve talked about this amazes real we’re growing rapidly. There are already over 15 million creators on our platform in various ways using our technology. If you look back over the last six months of 2025, you’re going to see all kinds of press releases that come out about new companies coming to us like Adobe, Hooters, Ghost Gaming atlaw Music Festival, many others. It’s definitely getting lots of lots of traction and close to 8000 creators a day join up, sign up to our platform and start using amaze at no cost to amaze they come in from the platforms and they join us, so we have scale we built a pretty big global platform before we talk about the investment opportunity I want to, I want to remind you why creators love amaze, they love us because we’re integrated with all the social platforms and we allow them to sell to where their audiences view content. Right, it’s really important we’ve got traction, you know, with the number of creators we have, the number of fans we have, we can, we can provide lots of data to creators that want to build businesses want to build brands, provide lots of data in the brands, so we have, we have lots of traction with lots of lots of scale when we were private you know, over the last few years, big names saw this and what we were building and people like Sam Altman from Open Eye Jerry Murdoch from Insight Partners Argent Seti from tribe they all invested in our company, so so you, you’re in in bed with very, very smart people who saw what we were building, It’s why we went public on New York Stock Exchange. We wanted to give more people access to this exciting space, the greater economy. There aren’t a lot of public companies in our space yet, and then what’s important to me that you understand is that the money we raised, we used it very wisely we used it to invest in global supply chain we use it to expand our footwork, our footprint globally so that creators now coming in from India, U S Brazil, Mexico, UK All these other markets they can monetize, Right, so we’re not just based in one country with 11 small revenue stream we are a global company and we and we really, we really strategic around it. So what does it mean for you today is that we’re kind of tariff proof. It’s important that you hear this from me if some, if we have, if the US. Has a tariff with China. We have manufacturing happening all around that, so we’re not going to be impacted by tariffs nearly as much as other e commerce brands might be. So why do brands love AMA? So we’re newer with brands like But remember, a lot of the creators that were helping are becoming the next generation of brands. We know how they think, we know what’s important to them. Hundreds of brands have already partner with us. You’re seeing brands coming in at scale now from all different types of verticals, there’s some names here on the screen that you can see that are examples they’re seeing the ROI, the RI is getting better and better, they understand it, it’s becoming more documented, so they understand that we are another distribution source for them to find, find new buyers for their products. And lastly, what’s important for you to understand as an investor in our company is that as these brands come together with us, it’s bringing celebrity, so we’re getting very big name people coming into our company, they’re promoting a maze, It’s not costing us anything because they love the alliance, what we’re helping them do and so we’re getting some celebrity endorsements That’s helping us build the Amazed brand over time it becomes a household name and it really wasn’t something that we had to pay a lot for Right, so I think it’s very important that you understand that Okay. So what comes next? So as we think about what we’re going to use money for going forward, more AI, more more technology to help build this engine that connects craters and brands at scale and in really, really perfect the four revenue buckets that we have in the company right, so today a lot of investors will ask me how do how does a maze make money so we have four growing revenue channels. First one is we get a percentage of revenue from all products sold, whether the digital or physical products, so any creator puts a product on one of our e commerce stores that they own or control we get as we get a revenue revenue share from that we have subscription fees we get paid subscriptions for premium services We have Creator Add on fees so certain partners of ours will add on features that have us integrated into their platform and we get fees from that and then most recently we have a marketplace integration revenue we’ve just rebuilt and launched tpring.com it’s competing with places like etc and Ltk and eBay, and that marketplace gives the up andcoming creators access to millions of fans, and we have third Party brands wanting to pay us to put their products into that marketplace so there’s there’s there’s new revenue buckets growing there, you can probably notice that I don’t have a data revenue bucket yet we’re building that out more exciting stuff to come from from that large language model that we’re building but you can see that we have a nice nice bucket of scalable revenue revenue systems. Right, as we raise money through this Regd process, how are we going to use the money So it’s pretty evenly distributed like we, we, we know we, we need to keep building out our brand recognition and and expanding our brand we have, we have a pretty exciting product roadmap and so we want to put more money into expanding the product working capital because we are connected with suppliers globally, the more, the more we can use our capital line to expand terms and discounts and things like that, the more profit we are, and the more it impacts our gross margin Venture funding Raising a small venture fund to help some of the exciting products that are coming on our platform accelerate, maybe even invest in them and own a piece of them and then creator and fan marketing. We do this today but we have a great ROI but we would love to do more of it, So so the funding that we’re raising, the 25 million that we’re raising through this process will go towards those five categories of usage in the fundraise and so just to recap before we talk about the investment vehicle, we have over 12.3 million stores live. Just recently we announced integration with Pixart It was promoted about two weeks ago. They have over a 100 million new users, so this shows you that we have the ability to scale and integrate with large platforms to have millions of users. We have over 1.8 billion visitors coming to our platform, we have all these integrations with these major platforms, We have infrastructure to support everything you need in commerce and we are continuing our global expansion launching more and more countries, So the company has done a lot of work in the last four years and we’re very excited about the future. Okay, so how are you going to join us? How, what are the opportunity for you to get to get in and be part of part of a maze, but not only part of a maze, part of the Crator economy. Okay, so we’re offering two notes with great terms. The first is a three year 10%. Note The annual yield is paid a the first year in stock or in cash at the company’s choice and the remaining two years. It is also paid in stock or cash at your choice. At maturity, you can get paid in cash or buy our publicly traded stock at a 10% discount, then you are liquid This note is for investments between 3040 9000 that’s that’s option A, Option B is if you invest 50,000 or more we have a five year note with similar terms but it pays 12% the first year, the company decides to pay the yield in stock or cash for each remaining of the four years you decide, you decide we offer the same 10% discount on our publicly traded stock at maturity or you can always just take the cash simple enough, so let me walk you through a couple Scenarios of a couple possible scenarios of what this might look like. Scenario number one where you can earn roughly 41% on your three year note with a maze, so this is one of of many possible scenarios for this example you would invest 10,000 and receive cash payments on the annual yield until maturity the time you would convert to common with 10% discount, the invested 10,000 you invested 10,000 and can finish with 14,001 $111, that’s a 41% return in only three years. So that’s option A, Option B is for those of you investing 50,000 or more. Let me show you how you can make close to 60%, 60% return on your money. For this example, you would invest 50,000 and receive cash payments on the annual yield until maturity. At that time you would convert to common with 10% discount. You invested 50,000 and it can return and you could finish with $85,555, that’s a 58.4% Return with your five year note so these are very lucrative investments that we want to explain for you and I’m I’m really proud that we are able to offer you a discount a conversion discount into the note when it matures, both of them have this temperature discounted maturity This is a very big deal because we are traded, publicly traded company and I know that very few Regga or Reggi offerings give you this option to convert a special specifically at a discount. Right, so I’m very proud that we were able to bring this, bring this to you as a potential investor. If you have a raw Ira, your investment could be tax free. If you have any type of Ira, there may be tremendous tax benefits. If you want to invest through your R, don’t do the automated payment process, just contact us and we will walk you through the Ira investment process. Okay. So who should invest in a maze if you have an Ira? Yes, if you have underperforming stocks, yes, you should consider investing in a maze if you want to beat bonds reads ETF Yes, if you want an investment in a company that is already public. Yes, I think these are four categories of where I would encourage you to consider investing in a maze. If we are a solid company, we built this company we’re scaling, but we are not a couple of kids in our mom’s garage with the next 1 million moon shot return. So if you’re expecting that from us please you know I would, I would not consider investing in a maze. We are a high growth company in a very exciting space, but I, I don’t want you to come in here thinking that we’re we’re the next, we’re the next Amazon yet I mean we have big aspirations but you know, please be a little bit, Considerate here and temper your expect, your expectation we’re not, we’re not the next Facebook just yet so and I’m going to take one more break here let you answer one more poll question and then we’ll come back and do some Q ANDA to wrap up the session. Great thank you everyone. Are you ready for some questions? Aaron I am thanks, terrific. Thank you everyone for attending. If we don’t get to your question today, we will follow up with you individually. The first question was, they saw your recent press release about Pix and they would like you to share a little bit more about this and how does this affect your partnership with Adobe? Great great, great question. So to Pick Start For those who don’t know, Pick Start is one of the most downloaded apps on the Android iOS store. I think I think the last three years they’ve come in the top ten most downloaded apps mobile users globally love them. People take pictures and then they take those pictures and they modify them into templates and designs. It is a very big competitor to people like Canva and other other mobile first design software platforms out there, and Pixar is building out a way for more and more of their users who create content for social media to monetize immediately and we were, we were lucky enough to partner with them and become one of their first commerce add, ONS Right, so now you can actually you could be walking around someplace take a picture of something within seconds to design something and then you hit one little button on the app and it immediately makes it sellable right and so and it gives you that product through some of our technologies, some of our AI across many different types of products, which is really powerful so we’re super excited about that. We’ve just launched integration, we haven’t even really promoted it yet, but it gives us access to over a 100 million plus global users and over 50 million new users coming in a year on the Pixar platform, so it’s a huge reach for us, specifically with Genz very powerful it, it doesn’t really impede or comp or compete that much with Adobe in our Adobe Express Integration What you’re going to find is that the Adobe users are predominantly being used on desktop it’s a higher so lots and lots of corporations use adobe Lots of businesses use Adobe Express and so the the beautiful thing for us about the Adobe Express integration is that we’re natively integrated with Adobe Express as well and so anybody designing to be express can very simply hit the amaze, add on and start selling that product so if you think about a small business, a medium sized business, let’s say you’re a restaurant, let’s say you’re a yoga studio, whatever it might be as you’re using expressive design, something you can now start creating additional revenue streams from your content through the Adobe integration so very different and how they’re used and who’s using them and the sort of the beginning of the process, the onboarding of the process. Right, so very important to us, but I’m really excited about it because you know, even though Adobe doesn’t discuss their, their installed base. We have to assume it’s somewhere from what we’ve read between 40 to 50 million users roughly, and now you’ve got Pix start with a 100 million plus users, so it gives us massive amounts of re. So very exciting for us and we will let you know more about it over the next couple of weeks as as we roll out more capabilities, The Pix Start Integration terrific. Thank you. The next question IS-IS a maze working on a crypto strategy so I if you think about Amaze today, we have 12.3 million creators that are selling to hundreds of millions of fans, and they’re doing that in over a 104 countries globally and so creators are trying to are trying to do transactions with fans and all kinds of different currencies you know, across The Globe and I’m so Amaz is trying to figure out a way to reduce cross border payment issues and to increase the the conversion rate of creators and you know, selling stuff to fans and incentivize fans to participate with creators so so of course we’re working on a crypto strategy timing of it we will talk about here very soon, but the reality it is that there are lots of opportunities within our distribution channel and our global platform for Crypted become a very strong player in our business and then on the Treasury side, As I have mentioned before there’s a lot of really exciting opportunities for us and I’ll just tell you that you should, you should watch closely what’s going to happen over the next few weeks as we talk more and more about our development of our crypto strategy. Thank you. Another question is what makes a maze different than a chapop FY or an ezy Okay, So Chapop FY is a software platform that allows you to create a online selling experience at is a As a marketplace, it’s a very different, very different so I’m going to explain, explain amaze compared to each one of them in a different way. So shop of five, you know, is company that we’re looking to disrupt as much as we possibly can. I think they do very well with medium to large size businesses. They were built many, many years ago as a headless e commerce technology stack so for those of you that are technology people, what that means is that they built out all the middleware for you to create an online selling experience and then add on apps very, very seamlessly without a unified user user front end right so that so if you think about Amazon today, you go to Amazon and you see Amazon very unified experience right with Shopify you can build all kinds of very you can have all kinds of third Party tools come in and allow you to have ahead a front end to your technology stack. They’ve done very well, they have a very unique business model, They make a lot of money off processing credit card fees and things like that, but we were built differently, we were built four years ago to be integrated with social media platforms, so we want the commerce experience to happen when people are viewing content we want the discovery of brands and products that happen when you’re viewing content it, it’s it brings together advertising paid media Exposure community so it was a very different, it’s a much more modern way of thinking about commerce and so we were built from the ground up to do that and that’s why you see us integrated across all these platforms is because it allows the, allows the things that are important to the social media platform or the technology platform to continue to keep the viewer on the platform While commerce is happening, we’re integrated right, so that’s a very big important part and I think it gives us lots of sellers because they, they realize the value of that and we’ll see what happens over time, but I think I think we, we have built out a platform that has complete scale and our challenge will be to just add more and more capabilities to it as it grows on the Ec side of things so at see at is a company that needs to rebuild itself, it was built to help makers and sellers sell unique products in a in a global marketplace so somebody coming in atc is going to sell something you know I’m At Home, I’m working on building you know, the latest you know I’m I’m building somebody At Home I want to sell it online, I don’t have an audience, I don’t have a community I go to etc. It’s a global marketplace you search something the problem with etc IS-IS that the minute you start having success on etc, the algorithms kick in and all of a sudden there’s a 100 other people selling the same product on etc and so you don’t see sellers having a lot of success for very long because they’re not really seller focus Right Amaze is completely focused on the creators. Right, we want them to monetize more, so we’re using our data and our technology to come and bring look like audiences and new products to those creators, it’s and we have our own marketplace, But the focus is allowing the creators to be more successful and become brands and build out through having tools like everything you find on Shopify and Having a marketplace like E’s but it’s a very different mindset. We want the sellers to win right and right now if you talk to most people in my opinion, sellers at etc don’t win for very long and that’s that’s the difference in our company. Great thank you. Thank you for all the questions. Like I said, if we didn’t get to your question today, we will follow up after the webinar and everyone will be getting the replay of this webinar to review and share with family or friends and Aaron you can finish up here, so thanks for listening and I appreciate you, you coming in I hope hope to see you as an investor in our company just as a final note Disclaimers here as you get the presentation you’ll see there’s a disclaimer at the end with some forward looking statement comments please review those it’s appropriate that you’re aware of them and if you have any other questions please reach out to us and look forward to talking to you. Thank you very much.Thanks, Craig. Yeah. So the format’s bit different this month or this quarter, people have asked us not to go through the presentation and go to Q and A, kind of go straight to Q and A, which is absolutely fine by me. You see the presentation online, so you can find that whenever you want to. I thought I’d give a couple of highlights of what we achieved this quarter, and then hand straight over to Craig for Q and A. So I think, you know, the main highlights for me this quarter is we’ve put three plants into commercial operation in terms of, you know, starting to enrich commercial product, or starting which product ready for commercial distribution. So the carbon 14 plant started up back in early February. That plant was actually constructed last year. It’s been sitting there idle for nine months, you know, waiting for the feedstock to arrive from Canada. That arrived in late January, and they started to process that feedstock now, which is fantastic. We still require a second batch of feedstock, which I’m told is coming shortly, and that should produce commercial product around the middle of the year, which is great. The team are great. Really happy to be starting to starting to enrich proper carbon 14, the second plant, the silicon 28 plant, started up about two weeks ago or so, maybe three weeks ago, and we finished construction that plant in November. We then spent about three months or so commissioning it. With four months commissioning it, commissioning is always an uncertain process. You never know how long it’s going to take. You generally find all the problems during the commissioning phase. The team did a great job. The side end team did an amazing job. They got through the commissioning phase. Some of the problems they encounter, things like, you know, they they couldn’t get the liquid helium down to a cold enough temperature to work out better insulation. Change the cryogenic pump. Is a problem with the OEM supplied equipment, and then that they kind of got there an impeller on the on the compressors broken. It’s tedious, but we get a new one, mend it, work through it, kind of thing. Our team of engineers are great at working through these problems, and they they solve these problems in real time. Snap plant started commercial production a couple of weeks ago. It’s now reaching silane, which is fantastic. And the final plant, the utopian plant, is our first laser plant, and that started commercial productions about sort of seven or eight days ago, and just producing commercial samples right now, then we’re going to full commercial production, you know, later on, when we’ve got commercial samples out to customers. So I think the team’s done a great job bringing those into commission. Have some great R and D results as well, looking at isotopes such as xenon, Xenon 129 germane things like that as well. And the team are currently working out how to enrich those and nitrogen 15 team are currently working how to enrich those isotopes. We have international customers, more all that stuff. So certainly main, the main highlights of of the year so far, and we look forward to building more plants and producing more isotopes. So So Craig, I guess I’ll stop there, and we can start from the Q and A session, if that’s okay.
Thank you very much, Paul. Yes, there are three ways to reach Paul. You can email us your question at aspi@redship.com, you may also click the Q and A button and type your question into the text box that will appear in those cases, I will read your question aloud, and Paul will answer you. May also use the raise hand button at the bottom of your zoom window, if you would like to speak to Paul Mann, I will unmute your line and you can speak to Paul. We will excuse me. Let. Start with Michael Samuels, you had your hand up, Michael, please go ahead.
Hey, Paul. Um, thanks for taking the time. Just a couple questions. What? What kind of revenue are you looking at generating this year? Number one. Number two, what about how much cash do you have on hand? And you know, do you have enough to last a year, two years? Because I think the last time I looked at them, 60 million in cash. But I don’t know where that is today. So those,
yeah, so for revenues, we haven’t given guidance for the year. So I can’t, I can’t really tell you what members are getting this year. We’ve told you what contracts we’ve signed and what the, you know, what the commercial value of each plant or commercial contracts are, and hopefully you can put those together to kind of work out what an annualized revenue would be doing on a annualized run rate, once we’re hitting annualized targets and annualized numbers. So
what kind of cash burn? What kind of cash burn Do you think you’ll have this year? So
you know, we spend about 12 to $15 million a year and operating cash burn and so that that basically pays for our our 153 employees. It pays for our buildings, our leases. It pays for our energy costs. It pays for our legal fees, our accountants, our auditors, our list our filing listing fees and NASDAQ fees and all that stuff for the public company costs. So, you know, charge 15 million bucks a year is what we spend to keep the company’s lights on, essentially,
okay? And then I’ll actually, I know this is a short subject with you. Obviously, you had shorters in this stock going crazy. You know, at first they said you didn’t even have plants, and you know you’ve proved that wrong. I mean, I know there’s like, I think at the last report, February, there’s 16 million shares short, and I’m just wondering, what can you do to combat that? Because obviously that’s why you’re stuck sitting in where it is. So I was just wondering, what do you have to say about that, I’m
not sure, as a sore subject. And I spent 10 years as a hedge fund manager locally shorting stocks. And it takes two to make a market, you know, buy and sell inside of every trade. So some people can place their bets as they want to. You know, my job over the next several years is to prove the shores wrong and produce commercial revenues and commercial products and drive the company to where generating significant PL significant profits. So, so, you know, that’s just, that’s just the way the markets are. I think, if you look at most nuclear stocks right now, you know, or close Silex, centrist, you know, the short interest is very high in the whole sector in general, you know. And that’s the nature of, you know, pre revenue, early stage growth companies, and that’s where it goes. And if we, if we’d deliver on our business plan, I think we’ll prove the shorts wrong.
Thank you very much, Mike for that question. Paul, please go give an update on the class action that followed that short report.
Yeah, I’m not sure I’m actually allowed to, and I don’t have an update actually. You know, it’s the lawyers are dealing with that, and, you know, my assumption is it gets thrown out of court, but, I mean, we have to wait and see.
Are you going to delay the spin off plans in this uncertain market environment?
Probably not. No. I mean, you know, you say uncertain market environment, I mean, there’s been some recent volatility, but, I mean, we’ve all grown adults. We’ve been doing this a number of years. We’ve been through these cycles many times before markets will settle down at some point in the in the near future, I suspect, and I think probably the US will be a stronger place as a result of it. So, so, so, yeah, I mean, our plan is to spin off q&a as and when we’re ready, when the market’s ready. And I think I’ve said historically, we two things in place before we can spin off purely. The first is we need a location where we’re going to enrich uranium. We have that now. We’re going to do it at pelinda in South Africa, which is basically a plug and play location to build such a plant. And we need to have line of sight to aspiring cash flow positive. And again, we stocked up the free plants now. And so I think, you know, we’re kind of seeing that. So what do we need to do to spin off Julie me to file some registration statements of the SEC and NASDAQ and that kind of stuff, and then we kind of aid it, and hopefully we’ll do it as soon as possible. I mean, yeah, I can’t prove so much more than that. I don’t know. Sec documents take, and there’s that document has taken out of my control, but the goal is to do it sooner rather than later.
Ian Ian Lee, please go ahead. Ian Lee,
Hi, Paul, thanks for your time. Um, I’m a little confused as to why you don’t give earning guidance. You say it’s very simple. You know, the operating plants, you know the markets. One of the factors for attracting, you know, new investors and institutional investors will be that kind of statement from yourselves, on on revenue guidance or revenue range. It would make quite a big difference. To the profile of a company. I’m just really confused why you don’t do it, if you say it’s so simple,
which I don’t know what month we’ll start selling commercial products in. And so the difference between, say, May, June, July and August makes a huge difference to to our annual numbers. And so it’s difficult for me to predict that right now, the plants are all starting up. They’re starting to enrich and stuff, and it’s great, but exactly when the first deliveries take place, I only have two contracts right now for silicon 28 we’re negotiating three more for silicon. We’re negotiating one for germane as well. And there’s more contracts you may sign. And so you know, why not talk about what we think the annualized run rate would be once all the plants look and running, and once you sign contracts and stuff, and we’ll see where we come out at the
end of the year, make some assumptions and state, then no one’s going to it just gives more granularity, more insight into the company, and goes to sort of debunk some of the myths out there, state assumptions. You know, everyone realizes that, you know, there’s a lot of uncertainty. Things are changing. There’s no reason you know that that’s pretty much a standard with every company, really. So I don’t know. I
don’t know. I mean, small companies when they’re in the early, early on, early stages. You know, it’s generally best to kind of earn a side of caution and kind of see what happens. And, you know, we’re delivered, to see what revenues we deliver as much as possible. And then hopefully next year we’ll have a fantastic year, and we’ll exit this year at a huge run rate, I think, yeah, but really, let’s just see how the year plays out. Maybe we can’t go garden set on the you know.
Thanks a lot, Ian for that question. Paul, why does Iceland keep getting delayed? It seems you are almost four to five months behind schedule.
Yeah. So, you know, our first part in Iceland was going to be zinc 68 and, you know, that was when we were assuming quantum enrichment plant would be built in 2025 mid 2025 but actually our first QE plant arrived 12 months early in the summer of 2024 and the results looked so good the QE process, we kind of felt actually QE is a better way of doing zinc than ASP in Iceland. So the kind of rethinking which first plant is going to go into Iceland? And it’s probably not going to be zinc, 68 No, that’ll probably get down South Africa by quantum enrichment, because it’s just better economics and less capital, higher return on capital, better IRR on the plant. So it’s probably going to be Xenon 129 or germanium or or silicon 28 so we’re kind of working through that at the moment. I think we’re pretty much there with the licensing process in South Africa. So in Iceland, the Icelandic government, so African government, have been speaking about transfer technology. I think both sides are pretty happy with how it should work out. We’ve signed our lease for building. We’ve signed the energy energy supply agreement, so we’re pretty much ready to go. We just need to work out which, which I which side is gonna be the first one to go there, and I think we’ll decide that in the next few months or so. And I’d also add that our team have been really busy completing the construction and commissioning the first three plants in South Africa. And they probably haven’t really had the bandwidth to start the construction of an Icelandic plant. We’ve been already procuring and constructing and fabricating some of the components for it. But you know, terms of the actual putting together the plant, you know they’re they’ve been very busy these last few months.
Jacob row, please go ahead.
Hey, Paul. So one of my questions is, so you set plan on you haven’t actually enriched 99.75% for the last call, and you’re you said the stages are pretty much identical. I think that’s what striatum explained. So how many grams when this first batch finishes, all the way through and you get through the second stage, up to 99.75% I don’t know. You don’t know when that occurs. But how many grams of ytterbium are you expecting to come out of that first batch?
Yeah, we haven’t given that granular, that level of granular detail. You know? What I would say is that in any enrichment process, the first the first batch takes the longest, the second batch, the short circuit shows and the final batch is very short. So for example, in carbon 14, to go from point 5% to 2% takes about 60 days, and then to go from 2% to sort of 5% takes, call it 1520, days. And then from 5% to 30, 40% takes five days. Then to go from 30% to 85% takes takes a couple of hours. So it’s a very non linear. Process in terms of enrichment, you know, and the kilogram swoos in the early part of the process is huge, versus the kilogram smooth towards the end of the process. So we haven’t given that level of detail, Jacob, and we probably won’t. It’s quite information, just how we process it and what we do, you know. Um,
but do you have, I guess, a finalized when you guys send out samples, are you guys going to kind of be like, front running those samples a little bit as in terms of production, as in, you guys will have inventory of fully 99.75% production. You send out a little bit of that via samples, and then you expect, like, to immediately be able to send out commercial quantities after they test it. Yeah, so
we’ll, we’ll, we’ll build up a significant amount of inventory of intermediate, rich products. And you know, the first, first few grams of 99.75 we will send out as as commercial samples. And then we’ll start producing more inventory of intermediate products and more more finished products.
Okay, that makes sense. Okay, all right, that that clarifies it a lot. Thank you. Um, and then I guess my understanding is silicon is a little bit quicker. It’s a lot less swoop. So we should definitely see that before uterb. Um, do you have an idea of when we will see those be sent out? I mean, obviously you’re not giving guidance, so I’m not expecting super details. But are we expecting it this like month, next month, and well before the end of the quarter?
Yeah, I know exactly when sent out, but we haven’t given guidance or advise the student. I can’t say that’s general public information, but, but yeah, we have a good idea when it’s going out. The customer needs it urgently. So,
Jacob, thanks a lot. Jordan heimowitz, you can speak now, please, Jordan.
Can you unmute? Jordan,
sorry. First of all, I’d like to give a ginormous shout out to Jacob, who just asked the question, who wrote an absolutely outstanding report that’s on his website that everybody should read. It’s It’s phenomenal, and he deserves a lot of credit. So my first question is, do you want to hire Jacob to be your IR person?
Thank you for the advice. You know, we are actually looking to we’re looking to add a couple of full time employees to ASPI over the next six, nine months or so, one of which will be a full time professional investor relations person. We’re also looking to hire a somebody in charge of commercial for electronic isotopes, and also commercial for healthcare isotopes, one in the United States and more invested worlds. We’re looking to hire for full time employees in the United States, one of which is IR, but today will be we’ll see. But thank you, Jordan for that. You
need an office for that, though, which someone will have to visit. My serious question that is on his website. He’s got a phenomenal chart with and I don’t want you to ask to comment on the numbers, but each plan comes online and dollar amounts forgetting the timing of it. But does the ARR look reasonable for each of the upcoming three or four products like you’ve already commented? Uterb could be 20 million in ARR, and carbon 14 could be two and a half to five, and silicon could be 20 to 25 but could nickel be 50 million and Xenon be 40 million? Of those reasonable numbers sometime in the future, not this year, because the plants don’t even open. Yeah. I mean, um,
it’s not I have a crystal ball. So I don’t know how big the Xenon market is going to be. Xenon 129, only got approved a couple of years ago the United States. It’s currently fairly small. The customer of ours sells us, they may well need 50,000 liters in three or four years time. That’s a large number. So, you know, that’s, that’s their view on how big their mark could be. I don’t, I don’t know, I don’t know how like that is, but that’s their opinion nickel, you know, could be, could be very significant. You know,
we have customers wanting,
you know, seven, eight digit numbers worth of nickel every year. So it could be quite, could be quite significant. And so, yeah, I mean, it’s number. I’d say most of the medical isotopes are probably in the 10s of millions of dollars. Opportunity. I think your turban could be larger than, obviously, silicon could be a lot larger than that over time. You know. I mean, if we can, if silicon 28 has proven to make faster semiconductors that are smaller, more heat efficient, you know, that could be a very large market opportunity in 510, years time, absolutely.
Jordan, thank you very much for your question, Paul, how do the recently imposed tariffs impact your business outlook and potentially supply agreements that are under negotiation,
you know. So there’s two types of problem in the world. There’s my problem and there’s someone else’s problem, and that’s someone else’s problem. So we sell all of our isotopes ex factory gates. They’re responsible for shipping it to a final destination. So if there’s any tariffs charged on our products, the customer is going to eat those tariffs. I’m guessing, therefore, the end consumer will eat those tariffs. You know, there are some exclusions from the tariffs. Some of those are kind of critical materials. I haven’t checked in a lot of detail, but I would guess most of our products fall under that category, and therefore would be excluded from the tariffs. But I haven’t checked, and it’s our customer’s job to check that.
Calvin, hoary, you are next, Calvin,
Calvin, you’re on mute. Yeah. Unmute your line, please. Calvin, can you hear me, I can Yes, yeah, yeah. Thanks for
Paul for utilizing this format. It’s much more efficient than the previous ones. Um, anyway, just one quick question on, where do you stand on signing the definitive agreement with Tara Powell, but
we haven’t given any guidance on that. And you know, we there’s a period of exclusivity which gives both parties time to negotiate the defensive agreements. You know, defensive supply agreements quite a complex agreement to enter into. You agree on the price and volume in the first half hour, hour or so, then the next six months or longer is taken to determine many other parameters, such as, who’s going to test the product, who’s going to ship the product, what form is it being shipped in? What are the chemical specifications? Who’s going to test those chemical specifications? What tests are going to get used to test those chemical spec, chemical specifications, and who’s going to monitor and zero those machines that test those machines that test those chemical formulations. Who’s going to test the isotomic enrichment? What methods can be used for that? You know, where’s it going to get stored? How’s it going to get shipped? Who’s shipping them, what container, what ports are going from, where it’s going to, timings, that kind of stuff, you know. So there’s a lots of stuff that goes into a supply agreement that has to be worked out by both parties, you know, and that takes time. So, you know, when we signed the the term sheet with ter power in in November last year, it envisaged a period of time where we could work all that information out and what’s needed. So, you know, we’ll, we’ll, I think we’ll sign the people quite quickly. Look at we’re probably running well ahead of schedule, well ahead as well ahead of schedule, actually several months ahead of schedule. So maybe that happens quite soon. See.
Okay, thank you.
Paul, will Q, L, E, Quantum Leap energy be an IPO or a direct listing, as you have made reference to both types of transaction in the past. Yeah,
I wouldn’t want to commit to either right now.
My personal preference is for direct listing. But you know, we’re in the first of hiring bankers to help us with this process and their advisors and guide us accordingly. But it feels to me like a direct listing is most straightforward. They’re doing it. But listen, let’s see how market conditions are and how things look at the time. You know,
how will the plants be operated? Are you selling them? How would staff be trained to operate them?
So we have about 153 employees in our company now, of which, 20% have got PhDs, about half have got advanced degrees, and the other half have got very good, strong high school education. We’ve trained the staff. We trained all the staff we need to operate the free plants. We have an operations team for each plant, a plant manager for each plant, Mia, who runs the carbon 14 plant, she’s actually a student of ex Andres, who’s our head of R and D at a university for undergraduate degree of her, and you have a similar person that I set up in 28 plant. And actually Hendrick runs the uturbian plant right now that we have a plant manager, manages schedules and that kind of stuff, the team of a very well trained they understand what they’re doing in the carbon 14 plant. They’ve been trained by by Nexa, actually, in terms of radiation controls and radiation safety and that kind of stuff. So, you know, these are fairly skilled workers who understand how to control these plants and how to operate them. Yeah. And they’re doing a great job.
If you were running at what you consider to be full capacity, then what would the approximate annual production be?
So you can set a question again and which point you referring to.
The writer didn’t specify. Here’s what he wrote. He wrote, if you were writing, yeah, if you were running at what you consider to be full capacity, then what would approximately be the annual production, yeah. So
let’s go for each plant individually. So for so your turbine, 176 our current expectation is that that plant could do about a kilogram a year. We’re still not searching yet. We haven’t really run the plant for very long, so we’re finding that out at the moment, but that’s our current expectation. You know, we have about two kilos of demand, and so, you know, we’re trying to expand that plant as quick as we can and find ways to produce more for silicon 28 what we said is that, is that we that plant could do over 50 kilos a year. When we started building and designing that plant, we afforded 10 kilos a year, and we took the took the liberty to expand that plant while we’re building it. We recognized 10 kilos wouldn’t be sufficient for the marketplace and then for carbon 14, you know, we’ve said that plant could do about ten million of product A year running at full capacity, and we have a two and a half kilos of take or pay demand from that plant. And perhaps we do, we do more from spot sales to the same customer
ASP isotopes is currently valued at over $300 million while trailing 12 month revenue is approximately 4.1 million, which implies a price to sales multiple north of 60 times, and EV slash EV over revenue of over 70 times. These are valuation levels rarely seen outside of high growth tech or biotech in early stages. Can you walk us through what specific milestones or contracts over the next six to 12 months you believe will justify this premium, and how you plan to scale revenue to support it?
Yeah, so, I mean, I’d say the whole of the nuclear space is trading in a hell of a multiple right now. If you look at, you know, up close, centrist Silex, you know, valuations are way north of where we are. The whole sector is pretty pre juiced up right now. So what are we going to do to justify our valuations? So first of all, the revenue looking at is backwards looking. It’s 2024 we’ve just started up three plants where the revenues aren’t included in that 4.1 million. So that will be that will accrue to this year’s revenue number, which should be substantially larger than 4.1 million. And then we’re going to build additional plants this year which will further grow revenue in 2026 and 2027 you know where we hope to sign a we expect to sign a contract with TerraPower to supply them with haleu, I say, which may beam in the near future. And actually we have two MOUs with two customers who collected you require $37 billion of Haley between now and 2020, 37 so I think if we sign those contracts and we start delivering, we start delivering revenues from these free plants, you’ll see that that price to revenue and EV to revenue number ratio dropped dramatically as over the next couple of years.
Lots of questions about silicon. I’m going to try to bring them together here, Paul, when should we expect samples to be sent out for silicon? When do we expect to see new contracts announced for silicon? And somebody asked, Are you expecting definitive supply contracts being signed for silicon? 28 this quarter?
Welcome to the Amaze Investment Webinar today’s presentation will tell you all about this publicly traded business in an exploding market and how you can invest with confidence. Make sure you stick around to the end for a question and answer session without further ADO. Let me turn it over to the CEO and founder, Aaron Day. The creator economy is powering a massive change in how we view content, how we build communities and how we buy and shop online, Not even Amazon is safe as the power of the community continues to grow in form I’m going to talk about the market opportunity, Make sure you understand the power of creators, they’re everywhere touching everything they are the new generation of entrepreneurs we will discuss the problems they’re facing and how Maze is solving these problems in a big way and why you should invest We have chosen two types of convertible notes with very favorable terms for this investment we will get into this in more detail near the end of the presentation but wanted to give you a quick preview up front So here we are on slide five and I have not even introduced myself. I am Aaron A I’m an experienced tech executive and founder. I found an I found it amazed with one corego in mine to make online selling stupid simple If you’re eight or 80, you should be able to sell online in less than a minute Our motto at a maze is to allow anyone to sell anything anywhere with simple tools that connect a little bit about me so over the course of my career I’ve helped take a tech company public and had a hugely successful exit. The company’s name was CREO. We took it public in 1997 and sold it in 2005 for over a billion dollars. I then became CEO, One, the largest industrial autom man manufacturers in the US, and for over eight years led that company, the company’s name was trend I spent about, I spent about two years leading a private equity group called PCC and then in 2019 I joined Canva and I helped Canva grow into a world powerhouse working directly for the founders from 2019 to 2021 but it’s not just me or the AI version of me. Sorry, I had have a little bit of fun with some of our AI tools. We’ve also recruited a world-class board with tremendous experience and social media, social commerce and public company excellence. Very excited about this team on the board and then to support the company and myself going forward, we’ve built out a powerhouse team of leaders that have combined over 50 years of experience in social media, Social commerce Integrated commerce design software Online Media The team comes from places like Amazon, Oracle, Brooks, Brothers, Barnabus Theory and many others and it’s very, it’s very fun for me as a CEO and founder of the company to watch the business media because they agree our leadership team has has been highlighted in and the Information Business Insider Yahoo Smart Money, Times Bridge and many other global publications, and we’re just getting started so I expect to see a lot more media coverage of our team in the space so at a At a High Level, What is amaze? So amaze is this software company that’s building out tech at scale to help creators and brands come together over the next decade to power a new wave of online commerce. This is a marketplace unlike anything we’ve ever seen. Our goal is to connect them at scale as they build influence, as they build communities and rapidly help them, help them reach anyone. So, remembering our core motto allow anyone to sell anything anywhere with simple tools that connect, allowing creators in their communities to grow and monetize, allowing brands have access to those communities, anyone, anywhere, anything really really important. So why are people called creators? You probably heard the word influencer before you’ve heard this thrown around quite a bit. There’s a difference between a creator and influencer. We’ll talk about that more in a minute. But people are called creators because they create visual content that is displayed on social media platforms like like like Youtube or Instagram or Tick-Tock and and that media content helps them build the next generation of a community of a follower base right so they’re building this, they’re creating this content they become content creators some content creators some creators create content because it’s their passion, their passionate about a topic, a subject, anything you can think of right some creators create content because it’s now the best way to build a customer base to build an audience. Right, so so they, they may not be as passionate about the content, but they realize it’s a very good way to build an audience at the end of the day, Becoming a Content Creator is the new form of an entrepreneur right, and those who do it best will drive our economy, But creators are not new when you think about it, They’ve been around for hundreds of years, from newspapers to magazines to radio, those those people creating content that people wanted to listen to or read about you know they were technically creators back in the day we’re going to start our conversation, talking about creators in the modern era right and and what you need to understand are creators are creating content anywhere from any device at massive amounts, Any mobile device, any desktop, any laptop, any ipad, anywhere you can create content is it’s being created and massive amounts of content at the recent Con festival in France. It was all about creators, advertisers can’t get enough of them. It is the topic of conversation everywhere you go because it’s it’s a way to build your brand that’s very viral. There’s been three massive technology booms over the last 30 years that are important for you to understand when you think about amaze and why you should invest in a maze so the first one was cable cable TV came onto this onto the scene and it gave creators people creating unique content, access to millions of viewers. This was a radical change from the previous forms of media newspapers, magazines, radio, traditional TV and in that moment in time you saw a massive increase in technology. Technology had to scale and grow rapidly. A lots of lots of money was made during that period of time. This led to the Internet so as the Internet economy was born, thousands become millions or tens of millions of people now creating content, all in a very short period of time when the Internet came to life. It was the first time what I would, what I when I would call a non professional creator, could actually step into the scene and start creating content that would be independently distributed via all these new sources right and so now all of a sudden you have this, you have another wave of a massive technology boom and an opportunity to make substantial amounts of money on your investments. Right so this is second wave It’s important to realize, though most people forget this, that the Internet existed for quite a while before social media became a very popular medium. Right, so there was a period of time but now now with social media you can see that it has just exploded, right so fast company pegs the number of content you know, professional and semi professional creators globally at around 207 million people. Other sources, like Goldman Sachs, think it’s more like 450 million people globally. What you should understand is that a semi professional creator in most categories is considered somebody who makes between 50,000 to a 100,000 a year and income but still has a full-time job. So think about that 207 million semi professional professional creators powering what’s going to become a trillion dollar economy in the next couple of years. It’s a massive, massive amount of people creating content and it is going to disrupt massively the technology that’s needed as they become more and more than the means for creating new brands. So as this has happened, lots of new pain points have have have arisen from this huge number of people creating content. Right, fixing those pain points has to be done a scale and this is as an investor in amaze, something I want you to really think about. Right, whatever you’ve seen in the last 20 years at agencies come on to the scene in a massive way. It’s because technology was lacking in the last three years, over 15,000 new small agencies have been launched, It’s because these craters need tools and stuff like that that haven’t been built completely yet until you find companies like a me, so we’re going to talk about some of these pain points and make sure you understand them very clearly. The first pain point is that people create content for many different channels Youtube, Tick, Tock, Instagram, picks, Picturist, Snap, Twitch discord and they all have different tools and different channels and it’s very, it’s very sort of broken and disconnected and creators really struggle with this because they’re trying to build authentic communities and audiences that require that want to view their content, every platform requires them to use different, use different types of channels and technology and so it’s very every it’s still disjointed, Right, it’s not easy for creator and that’s why you see most content creators today are still living on one platform and they really haven’t evolved into being multi platform creators because it’s very complicated in addition to that, many of the tools that you need to monetize, so selling tools, payment tools, taxation tools, all these things that you think about a small business needing are still very fragmented across all these platforms and building their brand is very difficult in these platforms and lastly the So you think about a small business the reason that they were, they’re becoming content creators as businesses is that they need to grow their audience, they don’t have enough money or revenue to spend many of them need to spend 30% plus of their revenue on paid media. Paid media is just not performing for them like it used to, and they can become to build this audience is still very costly, it’s requiring lots of their time and it’s challenging for them, right, So unique content engages fans and it goes viral, it rapidly helps them grow audiences right, so as you think about all this, it’s still very painful and then on top of all that, these platforms keep changing their algorithms, they change them to optimize performance for themselves, their platforms, their AD revenue, They’re not thinking about the creators and the creators must think about ways to protect their audiences, so it’s a very interesting dynamic that’s happening in the crater economy right now and you can feel the pain points so now let’s talk about brands, So brands realize how successful creators are becoming with building communities and if they protect their audience, they can become a popular brand themselves, so creators are becoming the next generation of brands. So what is the goal of a creator to become a household brand, to build a brand and so so as you think about this you’ve got this sort of coming together of creators and brands in this next generation of commerce, online and existing small, medium sized brands know that if they can partner with a creator and engage in that community building process that they’re going to have a lot of success we’re seeing it all over The Place in our company and it’s very important that you understand that this, this is happening the Ry a day for brands to work with creators is coming in at close to 6X that’s that’s staggering in the space right and the row as is getting better and better so so you’re you’re you, you know that that data is going to drive brands and creators together and there’s even more pain points now they’re going to come from that because now brands need access to creators at scale, right, so that 1% of those professional craters, those megac, craters, they have agencies representing them, they know how to find brand partners because there’s a group of people doing it for them at a very expensive price. So as we think about how we bring creators and brands together, scale this has to be done for small, medium sized brands which there’s millions of and this has to be done for small, medium sized creators which there’s millions and millions of right there’s really, there’s really only one option to do this and you’re going to hear about this here in a second so what’s the pain point that brands have, they don’t have access at scale to creators, right, they have today most of the time it goes to an agency which is very costly they, they are using paid media, which is very expensive to them. There’s lots of studies that are out there to talk about how much small small brands need to spin up, pay media to grow their business is extremely, extremely nonproductive way for them to grow their business and probably the largest pain point is incentives are not aligned yet between creators and brands the next generation of commerce as it grows between brands and craters It needs to be fair to all parties, right if an agency is in the middle, they’re going to take somewhere between 40% to 50% of the revenue from the crater, so the crater is not completely motivated yet, so if they, if this can be done with technology, then the craters are going to be very motivated to work with brands because they’re they’re aligned in the effort to build this community right, so there’s there needs to be this massive disruption the markets ready for it, you could feel it coming. Let me take a second here, let you answer a poll question we have from our moderator and I’ll be right back with you. Great thank you. Everyone go ahead Aaron Okay so we’ve explained the size of the opportunity, the need for massive disruption in the space. Let me tell you a bit about Maze now as a company, what we’re doing a little more about us fundamentally so amaze with Public Be a merger with a company on the New York Stock Exchange called Vine, our first share on a meeting was June 12 and at that time you all the proxy votes were approved, but one but that’s when the amaze preferred stock converted to common and some of that still kind of trickling in right now but but amaze became the Amaze Holding, Inc. Became the parent company on the New York Stock Exchange. Our ticker symbol is now Amze and you now see most of the data feeds updated, which you don’t see yet, which is important for me to let you know is that we filed 110Q which had about a week of amazes revenue in it less than a week. So so you’re going to see in the next 10Qa full quarter of Amazes revenue come in. So as you understand more about our business and you follow some of the analyst coverage on our business, you’re going to see that the revenue should grow substantially higher as we file the next ten Q amaze is real, it is developed and is reaching help it, it’s reaching and helping creators at scale. We’ve spent the last three and a half years and millions of dollars building on a platform that’s one unified platform, It solves all the problems that we talked about for creators, it has massive market reach there’s no risk to creators on our platform, it’s been showing huge growth every year and we’re bringing commerce to where audiences live and this is really important for you to understand this we are, we are providing technology that allow creators to create content and have their audiences view it where the audience is want to view content very important and as they view that content where they want to view that content allows commerce to happen natively in sort of just naturally where they’re viewing it so it’s it’s it’s a great thing and here’s some examples of how we’re solving these problems quickly for them, this unified sales channel How it works inside of a maze is that let’s say you’re in Youtube or Tick-Tock once you get to a certain number of subscribers, let’s say it’s 500 on Youtube, a little red flag pops up and says would you like to monetize you come in, you, you engage in MA software, you integrate it in your platform and now once you’ve done that first integration and you’ve created your first selling experience you can now go through all your other platforms and connect them very simply so it’s unified, it’s one selling experience across all social media platforms for all the products you’re selling online then we use all of our tech and our AI to help amplify that, that, that experience, there’s no need for third Party tools. So what people don’t realize about? Amazed that we build out a global supply chain, we have integrations with suppliers in India, Australia, North America, Europe, We have the commerce tools, The check out tools we have distribution supply chain integrations We have marketplace tools, all these things built in so you don’t need to go out and integrate anything else, it’s all no code it doesn’t require a bunch of app integrations, like some of the other platforms, it’s it’s completely integrated as one technology stack and what’s really important that you understand is that the platforms love us because we allow the, the, the commerce experience that happen in these platforms, the viewers stay in these platforms they continue to view content. It’s really important to them and what we’ve been able to do through this integration is we’ve been able to collect over 1.8 billion unique visitors, so we have this massive database of fans that have come in and watch these craters create content and, and look at their stores and buy things from them. So so we’ve become this sort of crater data powerhouse right, and we’re just getting started with how we use this data, but we have, we have about if you think about 2 billion people, roughly out of the total global population, we have a huge amount of data on what people want to buy right so it’s pretty powerful and we’re helping, we’re helping creators attract and build audiences with with our technology, So why do brands want to work with creators let’s let’s go through this again and how are we solving some of their problems first and foremost, brands need to reach audiences that want to buy their product creators are building unique audiences of fans and communities that want to know more about the content that they’re creating so there’s this like synergy that brings them together by us being able to put brands and creators together at scale through technology, it allows them to have access to certain verticals of creators and certain communities that are very expensive to get through to paid media, Remember we have over 12.3 million creators with stores on a maze so that 12.3 million people are talking to millions and millions and millions of fans with all these different unique interests. Right so we’re we’re allowing brands to get access to that at scale, we’re reducing the cost, right because now to come in and partner with a creator on our platform and and sell together both sides can monetize, we have the entire supply chain. So so it it’s becoming more and more aligned the The high cost of traditional pay media is no longer needed. As these brands come together small brands come together with all these small medium sized creators, so it’s a very, very unique way for us to help the massive amount of small brands in North America who make-up like 70% of the GDP, find ways to discover new audiences, new fans that want to buy their product and the last thing I think that’s really important is that there’s this big big rush right now to tools like Chat EPT, but remember they’re also controlled by algorithms. Right, so if you use chat to be teated to try to discover new audiences, the ones that pay more are going to get more premium coverage, right, so it doesn’t really bode well for small, medium sized businesses we are the best solution for them to help find new audiences at the lowest price with engaged communities and then lastly you know by doing it this way, by allowing brands and creators to connect together at scale We’re not an agency, we don’t need to take 40% of the revenue from the Creator so we’re giving the creator much more income, much more revenue in this promotional split. And so they’re very engaged, they want this to work right, they want to bring specific brands to their communities and help them, and you can feel this happening just recently Amazon announced that in some of their influencer programs, they’re doubling the commission rate still not a lot of money for these creators in the Amazon world, but in our world I mean you’re talking about double digit revenue streams for these creators to help these brands, so it’s pretty powerful Okay. So we’ve talked about this amazes real we’re growing rapidly. There are already over 15 million creators on our platform in various ways using our technology. If you look back over the last six months of 2025, you’re going to see all kinds of press releases that come out about new companies coming to us like Adobe, Hooters, Ghost Gaming atlaw Music Festival, many others. It’s definitely getting lots of lots of traction and close to 8000 creators a day join up, sign up to our platform and start using amaze at no cost to amaze they come in from the platforms and they join us, so we have scale we built a pretty big global platform before we talk about the investment opportunity I want to, I want to remind you why creators love amaze, they love us because we’re integrated with all the social platforms and we allow them to sell to where their audiences view content. Right, it’s really important we’ve got traction, you know, with the number of creators we have, the number of fans we have, we can, we can provide lots of data to creators that want to build businesses want to build brands, provide lots of data in the brands, so we have, we have lots of traction with lots of lots of scale when we were private you know, over the last few years, big names saw this and what we were building and people like Sam Altman from Open Eye Jerry Murdoch from Insight Partners Argent Seti from tribe they all invested in our company, so so you, you’re in in bed with very, very smart people who saw what we were building, It’s why we went public on New York Stock Exchange. We wanted to give more people access to this exciting space, the greater economy. There aren’t a lot of public companies in our space yet, and then what’s important to me that you understand is that the money we raised, we used it very wisely we used it to invest in global supply chain we use it to expand our footwork, our footprint globally so that creators now coming in from India, U S Brazil, Mexico, UK All these other markets they can monetize, Right, so we’re not just based in one country with 11 small revenue stream we are a global company and we and we really, we really strategic around it. So what does it mean for you today is that we’re kind of tariff proof. It’s important that you hear this from me if some, if we have, if the US. Has a tariff with China. We have manufacturing happening all around that, so we’re not going to be impacted by tariffs nearly as much as other e commerce brands might be. So why do brands love AMA? So we’re newer with brands like But remember, a lot of the creators that were helping are becoming the next generation of brands. We know how they think, we know what’s important to them. Hundreds of brands have already partner with us. You’re seeing brands coming in at scale now from all different types of verticals, there’s some names here on the screen that you can see that are examples they’re seeing the ROI, the RI is getting better and better, they understand it, it’s becoming more documented, so they understand that we are another distribution source for them to find, find new buyers for their products. And lastly, what’s important for you to understand as an investor in our company is that as these brands come together with us, it’s bringing celebrity, so we’re getting very big name people coming into our company, they’re promoting a maze, It’s not costing us anything because they love the alliance, what we’re helping them do and so we’re getting some celebrity endorsements That’s helping us build the Amazed brand over time it becomes a household name and it really wasn’t something that we had to pay a lot for Right, so I think it’s very important that you understand that Okay. So what comes next? So as we think about what we’re going to use money for going forward, more AI, more more technology to help build this engine that connects craters and brands at scale and in really, really perfect the four revenue buckets that we have in the company right, so today a lot of investors will ask me how do how does a maze make money so we have four growing revenue channels. First one is we get a percentage of revenue from all products sold, whether the digital or physical products, so any creator puts a product on one of our e commerce stores that they own or control we get as we get a revenue revenue share from that we have subscription fees we get paid subscriptions for premium services We have Creator Add on fees so certain partners of ours will add on features that have us integrated into their platform and we get fees from that and then most recently we have a marketplace integration revenue we’ve just rebuilt and launched tpring.com it’s competing with places like etc and Ltk and eBay, and that marketplace gives the up andcoming creators access to millions of fans, and we have third Party brands wanting to pay us to put their products into that marketplace so there’s there’s there’s new revenue buckets growing there, you can probably notice that I don’t have a data revenue bucket yet we’re building that out more exciting stuff to come from from that large language model that we’re building but you can see that we have a nice nice bucket of scalable revenue revenue systems. Right, as we raise money through this Regd process, how are we going to use the money So it’s pretty evenly distributed like we, we, we know we, we need to keep building out our brand recognition and and expanding our brand we have, we have a pretty exciting product roadmap and so we want to put more money into expanding the product working capital because we are connected with suppliers globally, the more, the more we can use our capital line to expand terms and discounts and things like that, the more profit we are, and the more it impacts our gross margin Venture funding Raising a small venture fund to help some of the exciting products that are coming on our platform accelerate, maybe even invest in them and own a piece of them and then creator and fan marketing. We do this today but we have a great ROI but we would love to do more of it, So so the funding that we’re raising, the 25 million that we’re raising through this process will go towards those five categories of usage in the fundraise and so just to recap before we talk about the investment vehicle, we have over 12.3 million stores live. Just recently we announced integration with Pixart It was promoted about two weeks ago. They have over a 100 million new users, so this shows you that we have the ability to scale and integrate with large platforms to have millions of users. We have over 1.8 billion visitors coming to our platform, we have all these integrations with these major platforms, We have infrastructure to support everything you need in commerce and we are continuing our global expansion launching more and more countries, So the company has done a lot of work in the last four years and we’re very excited about the future. Okay, so how are you going to join us? How, what are the opportunity for you to get to get in and be part of part of a maze, but not only part of a maze, part of the Crator economy. Okay, so we’re offering two notes with great terms. The first is a three year 10%. Note The annual yield is paid a the first year in stock or in cash at the company’s choice and the remaining two years. It is also paid in stock or cash at your choice. At maturity, you can get paid in cash or buy our publicly traded stock at a 10% discount, then you are liquid This note is for investments between 3040 9000 that’s that’s option A, Option B is if you invest 50,000 or more we have a five year note with similar terms but it pays 12% the first year, the company decides to pay the yield in stock or cash for each remaining of the four years you decide, you decide we offer the same 10% discount on our publicly traded stock at maturity or you can always just take the cash simple enough, so let me walk you through a couple Scenarios of a couple possible scenarios of what this might look like. Scenario number one where you can earn roughly 41% on your three year note with a maze, so this is one of of many possible scenarios for this example you would invest 10,000 and receive cash payments on the annual yield until maturity the time you would convert to common with 10% discount, the invested 10,000 you invested 10,000 and can finish with 14,001 $111, that’s a 41% return in only three years. So that’s option A, Option B is for those of you investing 50,000 or more. Let me show you how you can make close to 60%, 60% return on your money. For this example, you would invest 50,000 and receive cash payments on the annual yield until maturity. At that time you would convert to common with 10% discount. You invested 50,000 and it can return and you could finish with $85,555, that’s a 58.4% Return with your five year note so these are very lucrative investments that we want to explain for you and I’m I’m really proud that we are able to offer you a discount a conversion discount into the note when it matures, both of them have this temperature discounted maturity This is a very big deal because we are traded, publicly traded company and I know that very few Regga or Reggi offerings give you this option to convert a special specifically at a discount. Right, so I’m very proud that we were able to bring this, bring this to you as a potential investor. If you have a raw Ira, your investment could be tax free. If you have any type of Ira, there may be tremendous tax benefits. If you want to invest through your R, don’t do the automated payment process, just contact us and we will walk you through the Ira investment process. Okay. So who should invest in a maze if you have an Ira? Yes, if you have underperforming stocks, yes, you should consider investing in a maze if you want to beat bonds reads ETF Yes, if you want an investment in a company that is already public. Yes, I think these are four categories of where I would encourage you to consider investing in a maze. If we are a solid company, we built this company we’re scaling, but we are not a couple of kids in our mom’s garage with the next 1 million moon shot return. So if you’re expecting that from us please you know I would, I would not consider investing in a maze. We are a high growth company in a very exciting space, but I, I don’t want you to come in here thinking that we’re we’re the next, we’re the next Amazon yet I mean we have big aspirations but you know, please be a little bit, Considerate here and temper your expect, your expectation we’re not, we’re not the next Facebook just yet so and I’m going to take one more break here let you answer one more poll question and then we’ll come back and do some Q ANDA to wrap up the session. Great thank you everyone. Are you ready for some questions? Aaron I am thanks, terrific. Thank you everyone for attending. If we don’t get to your question today, we will follow up with you individually. The first question was, they saw your recent press release about Pix and they would like you to share a little bit more about this and how does this affect your partnership with Adobe? Great great, great question. So to Pick Start For those who don’t know, Pick Start is one of the most downloaded apps on the Android iOS store. I think I think the last three years they’ve come in the top ten most downloaded apps mobile users globally love them. People take pictures and then they take those pictures and they modify them into templates and designs. It is a very big competitor to people like Canva and other other mobile first design software platforms out there, and Pixar is building out a way for more and more of their users who create content for social media to monetize immediately and we were, we were lucky enough to partner with them and become one of their first commerce add, ONS Right, so now you can actually you could be walking around someplace take a picture of something within seconds to design something and then you hit one little button on the app and it immediately makes it sellable right and so and it gives you that product through some of our technologies, some of our AI across many different types of products, which is really powerful so we’re super excited about that. We’ve just launched integration, we haven’t even really promoted it yet, but it gives us access to over a 100 million plus global users and over 50 million new users coming in a year on the Pixar platform, so it’s a huge reach for us, specifically with Genz very powerful it, it doesn’t really impede or comp or compete that much with Adobe in our Adobe Express Integration What you’re going to find is that the Adobe users are predominantly being used on desktop it’s a higher so lots and lots of corporations use adobe Lots of businesses use Adobe Express and so the the beautiful thing for us about the Adobe Express integration is that we’re natively integrated with Adobe Express as well and so anybody designing to be express can very simply hit the amaze, add on and start selling that product so if you think about a small business, a medium sized business, let’s say you’re a restaurant, let’s say you’re a yoga studio, whatever it might be as you’re using expressive design, something you can now start creating additional revenue streams from your content through the Adobe integration so very different and how they’re used and who’s using them and the sort of the beginning of the process, the onboarding of the process. Right, so very important to us, but I’m really excited about it because you know, even though Adobe doesn’t discuss their, their installed base. We have to assume it’s somewhere from what we’ve read between 40 to 50 million users roughly, and now you’ve got Pix start with a 100 million plus users, so it gives us massive amounts of re. So very exciting for us and we will let you know more about it over the next couple of weeks as as we roll out more capabilities, The Pix Start Integration terrific. Thank you. The next question IS-IS a maze working on a crypto strategy so I if you think about Amaze today, we have 12.3 million creators that are selling to hundreds of millions of fans, and they’re doing that in over a 104 countries globally and so creators are trying to are trying to do transactions with fans and all kinds of different currencies you know, across The Globe and I’m so Amaz is trying to figure out a way to reduce cross border payment issues and to increase the the conversion rate of creators and you know, selling stuff to fans and incentivize fans to participate with creators so so of course we’re working on a crypto strategy timing of it we will talk about here very soon, but the reality it is that there are lots of opportunities within our distribution channel and our global platform for Crypted become a very strong player in our business and then on the Treasury side, As I have mentioned before there’s a lot of really exciting opportunities for us and I’ll just tell you that you should, you should watch closely what’s going to happen over the next few weeks as we talk more and more about our development of our crypto strategy. Thank you. Another question is what makes a maze different than a chapop FY or an ezy Okay, So Chapop FY is a software platform that allows you to create a online selling experience at is a As a marketplace, it’s a very different, very different so I’m going to explain, explain amaze compared to each one of them in a different way. So shop of five, you know, is company that we’re looking to disrupt as much as we possibly can. I think they do very well with medium to large size businesses. They were built many, many years ago as a headless e commerce technology stack so for those of you that are technology people, what that means is that they built out all the middleware for you to create an online selling experience and then add on apps very, very seamlessly without a unified user user front end right so that so if you think about Amazon today, you go to Amazon and you see Amazon very unified experience right with Shopify you can build all kinds of very you can have all kinds of third Party tools come in and allow you to have ahead a front end to your technology stack. They’ve done very well, they have a very unique business model, They make a lot of money off processing credit card fees and things like that, but we were built differently, we were built four years ago to be integrated with social media platforms, so we want the commerce experience to happen when people are viewing content we want the discovery of brands and products that happen when you’re viewing content it, it’s it brings together advertising paid media Exposure community so it was a very different, it’s a much more modern way of thinking about commerce and so we were built from the ground up to do that and that’s why you see us integrated across all these platforms is because it allows the, allows the things that are important to the social media platform or the technology platform to continue to keep the viewer on the platform While commerce is happening, we’re integrated right, so that’s a very big important part and I think it gives us lots of sellers because they, they realize the value of that and we’ll see what happens over time, but I think I think we, we have built out a platform that has complete scale and our challenge will be to just add more and more capabilities to it as it grows on the Ec side of things so at see at is a company that needs to rebuild itself, it was built to help makers and sellers sell unique products in a in a global marketplace so somebody coming in atc is going to sell something you know I’m At Home, I’m working on building you know, the latest you know I’m I’m building somebody At Home I want to sell it online, I don’t have an audience, I don’t have a community I go to etc. It’s a global marketplace you search something the problem with etc IS-IS that the minute you start having success on etc, the algorithms kick in and all of a sudden there’s a 100 other people selling the same product on etc and so you don’t see sellers having a lot of success for very long because they’re not really seller focus Right Amaze is completely focused on the creators. Right, we want them to monetize more, so we’re using our data and our technology to come and bring look like audiences and new products to those creators, it’s and we have our own marketplace, But the focus is allowing the creators to be more successful and become brands and build out through having tools like everything you find on Shopify and Having a marketplace like E’s but it’s a very different mindset. We want the sellers to win right and right now if you talk to most people in my opinion, sellers at etc don’t win for very long and that’s that’s the difference in our company. Great thank you. Thank you for all the questions. Like I said, if we didn’t get to your question today, we will follow up after the webinar and everyone will be getting the replay of this webinar to review and share with family or friends and Aaron you can finish up here, so thanks for listening and I appreciate you, you coming in I hope hope to see you as an investor in our company just as a final note Disclaimers here as you get the presentation you’ll see there’s a disclaimer at the end with some forward looking statement comments please review those it’s appropriate that you’re aware of them and if you have any other questions please reach out to us and look forward to talking to you. Thank you very much.