Earnings Season - KILL WHO?! KILL WHO?! KILL WHO?! w/ @CallTyrone_W

Episode Date: May 27, 2020

This week @RTRowe & @HDanhai sit with the hardest man fi dead, the one and only Tyrone Wilson (@CallTyrone_W), Founder and CEO of iCreate Ltd. $iCreate.ja recently reported its first profitable quarter and it came not only on the back of the start of the COVID-19 crisis, but also after being written off by multiple industry analysts and their own auditors raising flags about the business continuing as a going concern.Quite the response from Tyrone and team. We get his view on the state of his business, his plans and the industry in general. Come for the gems💎, stay for the realness💪🏾😎. Enjoy!Contact Us Here 💻 [e-mail] us on Twitter here 👇🏾www.twitter.com/Earnings_Seasonwww.twitter.com/RTRowewww.twitter.com/HDanhai🔗Links🔗 The EveryMickle Calendar - https://bit.ly/2KdAUvb Signup to attend the GRWR Workshop - https://www.everymickle.com/store/grwrstreamiCreate's First Profitable Results - https://bit.ly/2A9Lem5iCreate's COVID-19 Strategy - https://bit.ly/2Ai1TnK🗣Shoutouts 🗣 Top striker @ExaggeraShan, keep striking 🎯 , BlueDot's @MannishWaata, @everymickle, @5Solae, @iCreateEDU, @jastockex, @MsWhervin ★ Support this podcast ★

Hi guys, welcome to Erting season. I'm at RT Row, Randy Row. And I'm the night at H the night. And that's at RT Row, on two-time case, anybody was going to come in at in real life. At this other week at in real life. At this other week, it's early season. So then I walk on this week. Anything good, anything new? Not much. I think there is any season, kind of close, you know, some companies have reported into this day.

That's the annual year. And you know, I know all the statements for some people to come all the JMMB and you have some that delaying because they're moving on somebody else results. So like JMMB itself delaying, such a good, well, that's up, sorry, not that fusions. One thing we lost, yeah, well, that's the last part again. JMMB, J-M-B, we have a better delay. So I don't know if it's a proven good delay. So I know that. That's all right.

Yep. Yeah. It's funny because Barita didn't delay, right? Barita don't eat it. Because I heard a recognized proven. Yeah, because they're home-washed their own. They don't really. They don't own associate stick

or anything like that. So, good. It's as strong as you go stay. Yeah, JMMB team there, JMMB is the analyst, I know what I'll still do. So, this should be fine on that front. Wow, you literally just went to our logo. You have something else right now?

No, we, everything. I don't know, probably just even in time. We're in a mine, so you can say it again. I'm sure by now everybody is used to floor. Did you sell a my cell? Flo, yes, I know. Wow, big of a killer. You watch a clash last week.

Yeah, we it Peter, never watch all that, it's just catch pieces. Never in my life, it's, it come on the scene time as a girl, I'm a non-life, I'm literally consider stopping growing at the mid-late and say, oh my god, good day. Of course, watch it signing tomorrow, we'll go again. And the people don't like it, grow, I mean, not the clash, what the, the clash when I watch it afterwards, and just you know,

it's a nice reminder of good things where I hope good things can be still. In terms of reminding ourselves about the market, those are things that stand out to me. A big announcement, although it's me trying to head off a whole paper questions the bioj today we're recording this May 26th the bioj today just announced them their new Forex platform FX trading platform. Yeah Yeah, yeah, yeah, yeah, see the lyrics for well, no, but finally push it off Yeah, I'm just before everybody. Demos is not for regular people, right? It's not you win on nine ends are trying to get rich and not that different for it. So for X for an exchange.

Yeah, so it's for the broke us for the big guys. Yeah, I know that I only put in people selling the 4x glasses going to you know, you know, I see from them saying boy, this is the time, I see man, this is the time even deal with J's online videos. It's funny, so I creeped them on them. I thought we'll even JSC's online videos. Hey, Brida, hey. God. I wonder if they understand themselves and feel that they don't know how to make it so on them.

You don't feel that it crap to the people so everything is like it's also an endorsement of sorts. I love you not to somebody else platform to say oh yo we're doing so me here and I can like say it actually makes sense. I already just fully ignorant and think it's actually helping them. I know to be honest I was like the guys in the Forex you know you know I'm on top of one more than so. I must know you're going on the trades and an MC class that's in the Forex. If you don't have a laptop, we're done. So if you don't have them, go in and do trades. And then sell the class. That's the end of the read money.

Correct. Correct. Correct. And that's somebody who sells classes also. I know. I'm not and I can be. I find it really annoying because I've said it before openly saying, one of the things that bother me about what I do

is that I see within the space because so many scammers. Yeah, it would not go funny or a guy or father on Twitter I'm one of the guys I know that's doing for X the trading tap that they trade in things sensible and he's always making fun of them saying what I don't see the need for a class I and he's always throwing shit the that type of things and boy, we do this to make money on it. The class thing, or he makes sense. JP Morgan, what do you name?

Next big bank. Goldman Sachs. They're not saying that class. That's exactly. Actually, I make money out for it. If you imagine Goldman messaged me and said, boy, come to me straight in class? You know, you get me.

So, yeah, this is true. This is true. This is true. It is true, because I can't tell you this is a secret. You do the class, you see how much time it takes. Every week, I wonder why do I do this? Because it pulls, it pulls your time. It pulls a whole day by time away from you,

actually, trading. If you're doing the class properly that is, I'm talking about Forex, that's talking about, well Mike's class grow at each other about general investing. But it takes time. If you do well and I try to do it, well it just takes time, there's no two ways around it. Forex, no way, Forex really... He's here and he's here and he's telling you why he doesn't do the classes that often I do like. Right. I've been trying to ensure I do monthly notes since I've started back and it's been going well so far.

So, one split every month and one full, one split one full one advance. Yeah. This month actually actually uses as an ad to say that this month the advanced class is going to feature the one on the top striker. And it's going to be talking about more short-term gains. And I've said it before, I don't really do that much day trading on the JSC, meaning heavy, short-term trading. But she does.

You guys, anybody who don't know, she does go back and listen to, I think, episode 35, the one on the top striker. A striker is going to on 33th, I don't know which one it is, but it's a great episode. It is my favorite episode so far for the year and um yeah so she will be at the next advanced girl which is happening the first week of June so for those of you who are in the mailing list and have already done grow, look out for it. And if you have not done grow, I don't care if you're really, really good at investing and you're on top of things

and you're total of content and you understand it, advanced grow is not about your level of that subo and understanding of how we look at things. So I say all of that to say, don't piss me to come to Advanced Group, you don't want to do the regular girl. All right, do the regular girl so you can understand how

we see things first because my version of investing is very, very, apparently very different from like a brand. Yeah, yeah, obviously, apparently, because I never knew it was that I, I invest in it money, but it's not a common thing. So my version of it is what advanced grow. It's a boat and being introduced to that first. Yeah, definitely not doing it for the likes I thought. I'm fine, I'm doing it just for my rent. Boy, yeah, but with that, with that said, it's good to see the B.O.J. continuing to push itself forward in a way that says that your

dynamic things start them. I've noticed that a lot of the AGMs have started now to be rescheduled. Yes, so I am taking that to mean that those guys know something that I don't know because AGMs could not happen before because of the Corona restrictions And know I see a lot of them especially today a lot of them being announced for the first second week of June And we have an AGM this second week of June Who was week time considerate with them as a nice big deal there especially at the price I think that it is currently and showing some different.

And if JamTee is doing their AGM, I've figured out MQW and so on. QW is about to have their sauce, also on the 17th of June. And that's two big ones for anybody who's been paying attention to either of those stocks. So I figured they're going to work. He told if you don't know what, when those things are, when other AGMs are, check out the ever-mickle stock calendar.

So you can put it on your phone, just like your regular calendar, integrate to the Google calendar, and you'll see a notice every day. Both of them are in the 17th of June and more to come. And it will also be live stream. So I like that QWLIs, AGM be live stream that QWI investments.com slash a GM 2020 that's not an ad. So last time I given away ad like that. I mean, it's at all like that. Yeah, not much just more

earnings is and we'll continue the market review. So we're not going to continue the market review. This week what we're doing this week is we have our guest. Yeah, we're bringing a guest, but I told him, same, you need to be chill at first. I'm a Kutatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatatat You know what I'm doing right? Damn, damn, damn. Oh my god. The one and only Tyrone Wilson from I create one. Welcome Tyrone Wilson from I create more. Welcome Tyrone, welcome on intro. Right? Yes, yes, yes, yes.

Thanks. Thanks for 40, I asked that. Yeah, I've asked Tyrone a couple of weeks ago, I've come back and the city of Chata and the online chat. As we said in the Larian episode, we got money for the online chat. We've gotten, gone beyond the limits of comments sometimes. And sometimes, yeah. Some boat of clothes seem to drive people crazy or forget says real people And Tyrone Tyrone has had a hell of a journey with I create

But no, we interviewed Tyrone last year great great great interview Very obvious that when I'm not talking about it also very obvious that he understands very obvious that we might know in talking about it also very obvious that he understands finance and his company. As a startup we expected certain things. If you just look from even the prospectus we expected certain things. About some reason a few quarters later people seem to lose them head like why is he making millions and millions right in the middle. Yeah, I was thinking you're a good intro.

I mean to my eyes I've been inside that terrible account I've asked a hard question which only late I'm sure it happened and yeah things kind of get crazy and and and many people write him off that thing two big things that the board was reworked a few times. So he bring you a CEO and then CEO left. And the board reworked. Yeah, you got a big loan, a big bond that should be a big bond from such work. And then you dropped some results, that said, there was a heavy loss last some people really definitely right to our final. Wow, up to the blue last week, two weeks ago? Yes, about that, yes. Two weeks ago.

Yeah, dropped officially some big numbers. Profit. Profit for the court January to March 2020, 1.2 million against revenue of 24.5. Wow how you do it Tyrone? How did you do it? How did you pull that up? In the middle of this well that the start of Corona. Yeah it was it was a start I mean so I mean, so I mean, I think it kind of did a narration as I would, you know. What we're seeing with I create is just I mean, a part of the journey. These are expectations. Remember, on the program, when I came on the program before, you know, it was listening to a process, we're building on where a startup and it's part of the cycle. Obviously, it was a bit tougher than we expected from a, you know, kind of revenue growth

and so forth. But every quarter we recorded a stronger, you know, double digit growth in terms of revenue and so forth when compared to the corresponding quarter of the years before. Yes, yes, yes, the squad more than 100% revenue growth. Right. And this squad is, you know, is an interesting one. It was before the COVID started, but it's an indication of where we're headed as a company.

We work out it 166% increase in revenue. It's 24.5 million. It's more than 50% of what we made for the entire year, last year, just one month. I've written you. Great. Made an operating, right, we made an operating profit of I think about five million also and net profit, right, which is our first profitable quarter. And yes, thank you. And I mean, it is all wrong good work from the entire team at the time from various locations

that we spoke about in the prospectus and in prior interviews. Some earnings from Moby, some earnings from Trinidad, significant earnings from Kingston and our partnerships. Heart specifically that we are known last year in terms of the partnership started showing signs in terms of bringing in revenues and support. And all that is to get off, you know, gave us a massive quarter. It's a quarter, we're proud about. And it showed where I create as a company is at it.

I mean, it took a lot, you know, where to obviously go through all the chat and the negative, you know, narratives and so forth. But we kept focused, you know, as a business, and the negative narratives and so forth. But we kept focused. As a business, it's so important to stay focused on the long term. I'm not a quarter by quarter CEO, and I'll never be a quarter by quarter CEO.

You're investing, it's especially being a start of you. Like one quarter is not gonna define you. Two, three quarters can define you know it's how you build out the long-term vision for the company and always stay focused that and execute our own the short term to ensure that it bring a close-out close-out the long-term vision and the business and that is what we're here for with I create, you know, I create is with all cell bag juice, right? Which cell bag juice, we're trying to grow the creative economy or contribution is to training and I think COVID-19 know as shown all important it is for an institute like I create actually transform and train our workforce or some other things

We were preaching before that took a little bit of time to materialize and for people to take it seriously Pandemic as kind of you know push it to the forefront and You know people are realizing know the necessity of a business like I create and you know I think going forward it will help to you know make work is even better. I mean it's that hard for you say I'll hold you for things or it's not like people are saying you get treated a boy. You say you know it, or business in terms of what it is that you have laid out to do. So what is it? No, because I personally think that I should be talking about pivoting.

But what is it that I create? No, does. So. So I think. Naturally, like if you go back to your prospectus, we spoke about digital training and I spoke about creative training. Right? Since this pandemic, we started some pivoting.

You know, you would have seen some promotions or by the NCB Foundation where I create, as been chosen as one of the training institute to provide short courses to individuals who have been laid off. More or less the job being offended by the pandemic. And those courses are structured on digital, right? Digital marketing, social media, customer service, digital marketing strategy and those things, right? NCB recognized us as one of those institutions that could play a role in upskilling these individuals or re-skilling these individuals to big and better for scoping. And, you know, I think it was some other work

that we've been doing before. And I think quickly when the pandemic came, like we have a team that was so nimble, right? When the pandemic started, we saw, I create play in a role. So we launched out a free course intro, well digital marketing basics. So individuals you can do this course for free. We use the 101 education platform and I did just tweet about it literally right from my account. We're going to give all of some free courses and just 400 people sent them. And this before Jamaica, five COVID cases. It was like

the first case and the place that the lockdown. I will put it out. Right. And we'll put out that course about 400 people signed up, but then we started up in some discussion with corporate companies. Like, we saw that we're going to have to close our classrooms. We can't have physical classes anymore. We're starting moving some stuff face to face. But then we started thinking, there are some partnerships that we can embark on, know, to prepare people for our new tomorrow. So we had a campaign called Tomorrow I'm Prepared for, which was our own COVID-19,

getting ready for a kind of job that is quote-unquote COVID proof, our COVID proof in the economy, and so forth. And that quickly took off. And we just started pivoting really quickly during the pandemic and some opportunities came. I mean, obviously we had to make some cost reduction

on our end, but we started pivoting and it has been going good so far. So you are always, you quote the prospectus, and I look at the notes in that one, but you develop and deliver degree and certificate courses to students in the creative field. And that comes out wide thing. But at the time, you weren't really doing any sort of,

I mean, you had a digital marketing in Sudan, right? Digital marketing in Sudan. Right. That was the one thing. And a lot of this pivoting came from the association with the digital marketing in Sudan. Because even though it says digital, because sorry, even though it says digital marketing,

it covers a lot more than marketing. It covers digital social selling, digital customer journey. A lot of the things that we need know, every corporation needs know, I need to understand to me. So we were able to benefit from that kind of association to quickly pivot as a company. Wow, I mean, I like that. I like that. But has that been paying off heavily? No, especially post this. I mean, I don't want you to be in here. Yeah, your last quarter results.

Yeah, I mean, we've seen, you know, NCB, NCB Foundation committed 25 million on their work in three institutions. I create NCU, another Caribbean University and internet in Comjana, so that's one good thing. We're just trained, 100 manufacturers through a partnership with the tourism enhancement fund. They funded the training, two day training in social media customer service. You know, those are everything that I have been known for, I agree, even though we're not having or physical classes.

I mean, this is something we're going to continue even after COVID. I think you have to come on the physical, you know, the physical class or we'll see as much anytime soon. But I was wondering why you never went digital from the jump, meaning put more into it, but I understand. Well that's a good question. Why? Why didn't he ask that? Well, it was somewhere. Yeah, it was somewhere where it is, which is why it was a easy for us to shift to that, you know, the minute COVID came. But because the team has been put in in groundwork, when we look at the kind of physical infrastructure that we build and, you know, how it could reach more individuals, It definitely wouldn't be by building a more physical infrastructure.

That's actually, it's expensive, you know, so. We did that and we have it, and it was doing good for us. But then we saw, I mean, obviously, I've been a believer in digital from unspire, but before we started training, and the work that we have done in digital media and digital marketing and support, even before I create. So we were, you know, having the quick knowledge and being able to shift to that, you know, we were able to move into it quickly

because it was something we were planning on even before COVID started. So, I mentioned also Trinidad. That means that expansion has started. We started earning Trinidad last year and it continued into this year. and it continued into this year. And, you know, we have a partnership with Trent Media, as well as the digital company. And we are rolling out in the entire Caribbean. Through their infrastructure and partnership. So, I think, no, you know, we have,

it's kind of green field, a company like I create, to be able to, you know, we have, it's kind of green feel, a company like I create, to be able to, you know, just roll out to the entire Caribbean through the digital kind of partnership because they have sales marketing team in all markets in the Caribbean. So, you know, just put I create on top of that and we're good. So that's what we're doing now No, I'm doing it with online So not before we work on a physical in Trinidad, but no we shifted to online. I don't think we're going back to a physical setup And we're gonna keep the

Online classes going and roll out in those new markets. We're just trained And number CSPP from the trend meet-a-side and you know with other strategic meetings or marketing meetings and everything. So it's just to get the courses out. No. So there's a lot happening on that. We're pretty excited and those are the things that will continue to push the growth that I create. those are the things that will continue to push the road that I create. All right, I remember our first interview, I had asked about the digital and we're whole quickly we're going to get to that. Here we are now. Yeah, I mean, it seemed like it's such a long time ago, but I mean, it really isn't. Yeah. Yeah. So, you know, that is. Yeah.

Yeah. It's exactly less than a year. Yeah, man. But no, the profit, I mean, as good as a profit was to see, you know, the next question that comes to profit, kind of market, the ease of it. I mean, all sustainable, is it? Yeah. Yeah.

Yeah. I mean, it's thin. The margin is thin. is thin less than 5% I think at the time but it was coming from you know a huge loss. So it's a elefaternary own to get to that. Can you imagine it's lasting? That is, well, it's a hell of a turn our own. And I think it's much easier from here. You know, they obviously, in our report, you would have seen that we've done size a bit close

or a month ago, be a location. I don't think our shareholders would have been happy with us trying to hold on to it with what has been happening with COVID-19, what also or the fragile cash position as a company at this point we needed to cut all the last making centers in the business. And the sad thing is, Bobby was just picking up nicely. We just had a really good assistant general manager, Don Deer. And she has transformed the I create operations in Montego Biennus.

It's just so sad that the COVID has pushed us to close in that Donn. But we're still serving deeper from that location to the online, learning and software. And we're no nimble as a business. We've caught our costs by about 35% since COVID. And we still have, you know, what you find, always that. So, when you look at our growth profit margins and I think we have a growth profit margin of about 72 percent, 79 percent last quarter, it improved. You'll find that maintaining a certain level of profitability will be much easier going forward assuming that we're

continuing to make something close in terms of revenue structure than so forth. So you know, we think the plan is to of course sustain that. It's always a plan to be profitable. I feel very confident about it. The decisions that were taken were some very quick decisions in COVID-statement. Some companies could have adult, but we knew what our position was, you know, and know that there is no tolerance to try and hold on to anything that is going to cost us. We had to be quick, decisive in our leadership and keep a a structure that keeps us afloat, right, enables us to survive and to continue to be profitable. So that's where we're at now, and the plan is to continue that for the subsequent quarters.

But I think the long term is to just continue to push the money that I create. And that's the most important thing for us in our cycle that we're at as a business. I got to. I got to there. So you're looking on the board. Okay, so you're very quickly caught your cost. So you would never have to deal with like paying rent for a place in Mobile. When nobody's physically able to go there, but you have to keep your rent.

Exactly. Yeah, even money, but it's spending money to do it, it's doing things to keep it. Yeah, man, it was a no-brainer. It was a conversation that before you would go with, you know, without a board, as a leadership team. So the minute this thing came and we saw what happened, you know, I think if you check back, I create, it was one of the first companies

on the stock exchange to put out a COVID plan, you know. So notice by our shareholder is about a COVID plan. And so forth, you know, we were, I mean, obviously, always small business. So it's quick and first to assess the potential impact. But it's something that first were very decisive about early in the game. I thought you wanted to go to the sore points for people.

I know the board board changes recent board changes Boy I think I'm a shareholder today As a shareholder what's going on? It don't know what really happens. So you just hear I thought the word leave all out. Not very sharp period of time. Say, you're wanting what's happening. Like generally, a lot of the word leaving would be seen as a voice somewhere.

So you can't say what that. Well, you know, I think what has happened I think what has happened is that the stock exchange in Jamaica has not seen a lot of startups. That's one of the first things. The only other startup they've seen as quote-unquote feel. So everybody is going to be nervous with another start of because they're judging it on the results of what was there before, which was not successful. That company has since repositioned itself and is doing what they're doing but it is not unusual

for a startup to have changes in its board even you know for I create so what I mean by that is obviously, you know, I can't go in the details of the terms of work, but in a company, you know, today you have a shareholder who is, is, is, is, Sarah chairman who is, you know, strong on governance, lead it through the trouble to others. And then next year, you don't need that anymore. You might need a deal maker or an academic, demeter, right? Or you might need a good focus person to lead certain things. And it's not just the chairperson,

but the culture, the board and software. And with all board members, those decisions were not connected to COVID, it was not connected to, and it was their individual decisions at the time, which was, which happened and unknowns, and subsequent to that we brought on, we decided, after all those resignations, we decided to move to having five board members,

as opposed to nine. So, the release, yeah board members as a force of nine. So, the release, yeah, the release that came out, you know, for me clarity, the board members resigned and then we decided off top, the resignations that we're gonna keep five board members as opposed to nine. We didn't cut the board to five. I wanted to make that clear. You know, the resign first.

And then we decided that, okay, we're not going to go back to nine. We're going to stay at five. Or audit committee chair stayed on which I think is very important. Who said? The one Lawrence. Yes. He was also a shareholder.

Yeah, he was also a shareholder. He bought in an IPO and he decided to stay on as a direct and chair for the audit committee. Dr. Jennifer Bailey decided to stay on, and she is no executive chair. And I created which I think is great for us as a company because she is extremely smart and knowledgeable in the world here

of academia and what are also operations and so forth, which we do need you know at this point in time especially navigating the COVID pandemic and we've added Natasha who you know is a former Edison bank in a such a core bank came over from our BT website site. Very important for I create and Ricardo Allen who is CEO of 101, he used to work at Sajuku investment. Ricardo, as a first class in Actura Science, he got accepted to do his master's in Mathematical Engineering and turn it down to a status-owned company. It was a full-bright scholar, turn it down, decided to start his own company. So, he has that background.

But he is a pioneer in ed tech and online learning. And so forth, I think that is important for, you know, I create, especially, I would a new direction that we expand into. You know, so I think the, So I think the previous board members have done a great job with I create prior to their resignation. What I mean is that it's not easy to list a company, it's not easy to navigate an expansion year where you're bleeding cash and making a lot of losses and so forth. And you know, with a start of there are so many things, you know, settling into being under stock exchange one but two putting in all those processes and everything in place,

the government structures, the subcommittees, the board, the bylaws, the all other things. So that one was one of my considerations because it aborted five, how do you feel? I don't think it's rules, but it certainly best practices are the committee and compensation committee. Yes. So we have the same like a mail pack, for example, so if you look online, male pack, board, they have a similar, I think it's five board members that have something like that.

You ensure that your you will maintain some independence, you know, between committees and so forth. You have to have a whole idea that would five people. dependence between committees and so forth. How did it happen? How did it happen? How did it happen? How did it happen? How did it happen? How did it happen? How did it happen?

How did it happen? How did it happen? How did it happen? How did it happen? How did it happen? How did it happen? How did it happen? How did it happen?

How did it happen? How did it happen? How did it happen? How did it happen? How did it happen? How did it happen? How did it happen? How did it happen? How did it happen? How did it happen? How did it happen? CEO would not be on the audit committee and can be on the HR committee either.

So it's tight, right? But yeah, the other members, they can work with. And that's how we've done it. So the audit committee of its three members, the HR compensation committee has its three members, but they do intertwine. And you're going to have that when you have a five member board, but it's still able to base on the bylaws and all the committees operate and so forth.

It's still a independence and so forth. Well, I wonder though, because you know, it might be just me. I don't think that your committee members have to be board members. No it's on you can you can invite people to be on the committees but I think without be voting standpoint yeah I think from a vote in no it has to be directors. It has to be directors. Yeah no no quote, man, but we've you can bring on invite people in the committee who are not directors. But I'm almost sure that when it comes to like voting and signing off, like if you have a sign off on the audit, it has to be a director. I would definitely agree with that about it. Because the director then has a fiduciary responsibility.

Yeah, but I don't, I mean, it's an interesting thing. Are you right? Those have a five-member board also. So, and, yo, I personally am not against it, because where you are, no, in terms of business, I still believe where you are no in terms of business I still believe that you are at the forefront of something that Jamaica just not used to You're very no, I still blame you somewhat because I think you were as I said as I said when

In the last that you're here. I think in your prospectus you are very optimistic but on the other hand your prospectors, you are very optimistic. But on the other hand, what do I expect? Is your company, you selling it to us? Are the prospectors expected to be optimistic? Yes. So like I wipe the prospectors' numbers from my mind early.

However, to me, it just wasn't realistic. But I understand that you're selling something. And I understand why also, because jumping because business's business culture is changing and has to change. You said I'm not a thing earlier that I think is major. I had mentioned it to Lauren to I like to hear you I like that you said it like the quarter by quarter thing as much as you have to report every quarter. Not every company has to be holding to the quarters. No, you know, it is. Yeah, go ahead. Go ahead. No, so listen, you have a responsibility to share wholers. For me, I'm thick skin when I poked to that, right?

People are going to have their views because they bought into the company. They spend their money. Right? They could not spend it somewhere else. What they decide to spend it with you. As the CEO, the phone, the chairman, and so, right, you have a responsibility to them

to ensure that you update them on the progress of the business. What a lot of people feel is that every quarter is, of course, have good news. I say to the good news, mobile in this business, give them good news. All right. You're building a business.

And even the largest of companies, like when you look at Apple, you know, Apple stopped announcing their iPhone shipment numbers now each quarter. Yes. You can't sell it to the team. Yes, because their focus has changed to services, right? Music, TV, cloud, right? All these different things, the change of focus. So you might see a quarter where the iPhone numbers are less

and then their stock price is gonna drop because oh my God, Apple sell less iPhones than last quarter, right? Yeah. But the company started to just change and they don't want to sell more iPhone than last quarter. They want to increase their amount of services used on an iPhone per user, for example. Exactly.

If you consider, sorry, I just cleared up a few people, I don't want people to ask here. If you consider iPhone to be like infrastructure, after a certain point, they've sold millions and millions of iPhones. Yeah, iPhone's around the world. Exactly. Their focus is not our own selling more of it. Although it is there for them to sell more, but it's really about, you know, from you have an iPhone in your hand, where you want to make money off what we can put there, which is why you see now the focus on Apple TV and putting certain things on it. That's where it is. So they've stopped. So because that put them on this kind

of quarterly cycle. So how many iPhone, there's so many iPhone, and that is not healthy for the people running the company. It creates room for error. It's an art. Business, it's like an art piece you want to do your best work and you have to you know you have to focus on the team and when you can when you remove when you replace your long-term vision with short- successes are pride itself on short term successes I forget a long term vision especially as a start up right you end up losing the creativity the fear the excitement that brought into the business in the first place and I create is not going to become that type of business

that is just so caught up on making people happy, right? Or making people speak good about you. We are focused on building digital and creative careers. We see a future in 10, 15, 20 years when almost everybody being a game changer in the digital and creative economy as I create under resumes. They used to study what I create and we're starting to have in those success stories. We're seeing those success stories like I mean, Prod with a Gabriel Aaron, I believe his last name, who is the digital, who is a vice president at Jampo,

and he was responsible for digital. He studied at I create, he did his professional diploma in digital marketing at I create, right? That is, he's living in those things. I mean, obviously had a knowledge about it things. I mean obviously I don't know the job, but we're proud that he's an I create graduate, right? Yeah, you're so busy. Those are the things. It's like Mona School, a business running,

I just put their CEOs at least on that. I put that reuse of study at Mona School, I business, that's what's happening with I create, right? Almost every production that you go and know in Jamaica, like again, you're going to see an I create student every event. I'm going to say photographers and videographers there, is an I create student is there too. So that's the type of, that's what we're doing.

And that's, you know, we have been our own for 10 years, we've been our own for 15 years, unfortunately, we've just started operations. And those are the things that we are proud about. The pay for the courses, right? What we want, you know, is for multiples that end to pay for the courses that that day. I started to grow the revenue significantly.

What it's going to take some time. And we're proud about it so far. And we're not going to subject ourselves to a quarter by a quarter, good news, bad news, great news scenario. We want to build digital and creative careers. Those aren't going to be built in a quarter, they're going to be built over time. And we're committed to that. And I think once we deliver on that, we will see the profits.

You know, I ate elaborate on it, but we have a, listen, we have about 85% satisfactory in, and I create, you know that I've done of course we've seen service to them right and we have 85% satisfactory in we're just little training with the tourism announcement phone and we're about 88% satisfactory online training that it right without enough people would I create we have a good product what we want to do knows are more people to to to to to use a product and I'm sure the shareholders wanted to cut out me everything so yeah so that is our mandate. No, we will master the art of delivering these courses well, right? When people leave, they leave with a skill set.

We're not perfect, but we've mastered the art. And what we're doing now is to we're no way more confident, going out here and selling it. Because I don't like sell something I don't believe it. So we master it and we just want to enroll as many people as we can now. And that's a plan without a career moving forward. So how do I get the question then there is how are you going to get people to look at the place to go and get trained. Yeah well that has started. We have thousands of people who are requesting info know. A lot of them are referrals. A lot of them see the testimonials, a lot of that they work, they still am about it, they tell the work,

they still are about it. But you know, this partnership that we have with DigiCell is what is going to bring us more, let's say, train media, DigiCell, train media, which is the digital media arm of DigiCell, their own loop. And the text messages that you get, different marketing digital marketing methods is driven by a trend. And, you know, we're witnesses of, we're witness of their reach when we started to turn that work, right? Within days, we're getting thousands of people. With Christian information on our credit. So I think now we're rolling out, not just in those other markets, but in Jamaica. And I think that is going to get us in front of, you know, hundreds of thousands of people, as opposed to thousands people before so that's that's one other thing

and then we have to we have to develop more programs right so we have to build up more courses some that can be done online only some that can be upwind the online and in person and some that you just be in person online in more a more practical one's like graphic design you know video production and so forth so I have not seen the production yeah man I think I'll engineer from a win and no we're working on it so like that's where we're at no in the cycle you know that's where we're at no in the cycle and we're pretty a pretty focused on that. Well, I'm glad for you, but then...

It's easier. Yeah, the questions of people ask. I mean, I know the inevitable questions. Somebody think, you know, I would ask it, is the word about digital and bankruptcy. Oh, yeah. Do you really think this is a bankrupt? Yeah you know meaning meaning. I mean understand what they're doing

understand that they're in trouble but I would have seen Digital Cell being in trouble for the last 10 years really. Yeah so to be honest I don't even think think they're in Chauv, right? It's like digital as well as building a company on two net. Build a company to net and know the net is a lot. Unsustainable levels of indebtedness, I believe, is it? Right. So they just need to figure that out. No, I think they have enormous streams of income from multiple standards. Right. They're talking about even sportsmax.

Before, now, like we've been sold it, admarkium. Yeah, they got them. You know, trade media is one such business too, significant. You know, everybody likes to think about it for a second. Everybody in Germany has a big circle. Yeah, I'm not here. And ultimately, their revenue is not what I would fret about. It's the interest cost, but a business that scale wouldn't have challenges

just using my imagination, bringing in equity players, right? So it's just a matter of what they plan to do next. And people are going to jump on certain things and jump. It's like when all auditors put out what they say and about I create that you know they agree with me and I listen to the company make I will hear a lot since, right? Do I have any cash? You know, we're not saying it's a growing concern, right? No, but we're putting in a little notice, right? Does that end up there? Where it about it being a board?

The board about it. No, what? No, what do you do with that as management, right? You have to start planning for it. And it's like the similar thing and I will just deal with that business. management, right? You have to start to learn for it. And it's like the similar thing and a way larger scale with that business. You know, there are banulas from all over the world. I can't even imagine how tough it is to negotiate

in various languages with these banulas. And it's a process, like there are many normal businesses, it's a process. Like, they have an enormous business. It's a huge business. They're a giant in the Caribbean. And it's not as if they're not making money. They're making lots of it. But as you put it with the debt, it's just something that they will have to figure out.

Every business is going to run smoothly. You're going to have like, you are going to have to figure out something every day, right? There is something known, is that. I create something known, is growth and profitability, right? Such, of course, something known is, how do we be less dependent on life insurance, right? Which is our cash goal. So you have to even see me, oh, do we digitize? You know, like debt, you know,

it's part of the challenges that you have of this. Like people sometimes put these things as if it's a debt sentence and it's not. As of this. You know, it's just something that you're gonna have to figure out that you're gonna have to solve. No, the problem is, are you gonna solve it or not? I think the digital, as a great team, I mean losing their CEO was a big blow, but then

we have to look at those things too. They had a new CEO and a guy that died in Christmas time, right? Yeah. From a leadership perspective, can you imagine the setback they had with that, you know? That's the most famous CEO died from cancer that day too. Yeah, they've seemed to be going through a little bit of a rough, I don't want to, we do have them on, so I'll bring it back to you because a lot of those things hit you because you had your CEO change, yeah? So I mean with that

with that with that with that sort of switch, how have you been handling stepping into that? Well, I'm the CEO, I'm still here. No, my apologies because you hired Agdou, was the general manager? You can't tell me. The general manager. Yeah, so we had cars in 2017 when we were at the vision of in either an immoving the rule of general manager and

he had to make some personal changes in his life that I can speak about now which unfortunately one of the decisions that the atomic was youee calls, you know, cannot continue with I create. Karla and I have our very good relationship, we hope until now. We've been friends before and joining I create. And you know, it's unfortunate that we're lasting because we've been doing a good job in terms of especially in the business development side.

And then we replaced him with someone else and you know, he just didn't work out or we expected it to. And that's just part of the game. So, you know, when COVID came, we decided not to feel that vacancy. So it's almost like the stars are lying because we're with some tough decisions. Even tougher decisions than the ones we made during COVID, if a lot of that remain the same.

So it's something I have to deal with. I mean, my job as CEO is to deal with these things as they come and ensure that the business is protected and the wheels are turning. I will continue to provide value for shareholders. We have some of them are very patient, some of them are uneasy. I will understand what it is. It's part of the game. It's what we signed up for. We decided that we're going to go public. It was my decision as the entrepreneur and founder for I create. And it's an experience that I love. I enjoy it. The exposure sometimes

is a lot more to listen to this. This is the area you want to play if you want to be in business, right? I can't tell it. That is true. Yeah, I encourage any entrepreneur if they want to list the goal for it. Look at the bio that much I crucify it. I don't know about the suck exchange. Everybody will have different experiences, right? I am enjoying it. Nobody is going to fucking kill that for me, right?

I am enjoying it. So, see, you don't regret it? No. I mean, a lot of people, I think, are like that. I understand what you're saying, but you don't regret listening. If you could have got the 70 million dollar or listening, you wouldn't have done it. No, I think this is a great platform. Listen, I, I, I, and I get to you with Ken Tamagrope, right? With Sigursel, you should my kitchen outside, Mahatur, Maudside, one bedroom, right?

And I've from day one I've been ambitious. From day one I've been that person who is going for the things that a lot of people want to go for, right? from, you know, high school to college in every aspect of life. And the stock exchange, you know, to come from my background and to start a business and to listen to the stock exchange. It be got on me. It's not about Tyrone, right? This is the next Tyrone where I grew up in a canter who say, oh, we can look up to, right? Who do I want to be like?

Who's part I know and understand and can travel. My part is clear, you know. Right? Never have no reach on good. Nobody would money to give me a start. Oh, God, they have find it and do it. I'm a list I create and it's under stock exchange. And at the end of the day.

I'm going to jump. It's a major job to vote for right. the stock exchange and at the end of the day. It's a major move on our pro-life and we're going to have to work or ask us off to make it work, right? But what my shareholders can feel good about is that. I'm committed to it, I'm here and we're going to make it work. One, we are not out. So I don't regret it. It's what I wanted and it's a big decision that was taken and we're just going to have to deal with the issues as they come. I would never fight truth, it's just what it is like. I mean, one of the best arenas to be. Nor are good.

I mean, I agree with you there. I mean, I like that. I need to ask, because I need to hear you say, my personal view is, I mean, listing is only sensibly makes sense. Any entrepreneur should look to list. What I bid just for the exposure, the money, is that there's eyes on exit and it gives you many options, including easier debt, easier refinance and easier recapitalization.

And yeah, as long as people might be had on you the truth is there's many aren't happening or that going through what you going through and worse and just because they're not listed nobody don't know. It's too quick to try and write off people you know business is not an overnight thing, not an 100 meter. And even an 100 meter, you have to put in a normal amount of training, to even run up to 100 meters, right? And win. You know, like, that's why you take equity and patience, capital and so forth.

And, you know, we can I say though and you know in Jamaica we have a kind of culture where if somebody tries something big or into no firing to ambitious and to this and people is why first world countries are making significant leaks because a little man in his parents garage can decide that he want to start a computer business that is going to be better than you let's pack our right and nobody know about that. I'm going to address him in a Jamaican opposite. That's why we can't even solve the e-commerce problems that we have know and COVID came and was shuffling right all over now South e-commerce and I know we're going to do this thankfully we have some some some good

minds working at that that's it my good friend learned and the the the economic recovery committee with with some solid names and so forth working towards those things but you know these are things that we should have solved already. These are things that we should have solved a long time but you know when a young person comes with ideas that you can't understand, you shove it aside, right? And, and, and with, you know, going to work, look at that, or do this, or do that. Yeah, how much people tell you, you should all look at your job before a Muslim,

or be a Muslim. Get time to make jobs, man. Yeah, yeah. Those are the things, why, why am some, which of, why am, but why am God, this, continue on his side, you're in already feet, you know, this, like,

what the fuck, it get me like, we have a sit-on and we have a reassess or we deal with things here. And we have a health people to grow and get through it. And we have invest in wild ideas and continue to encourage people to think like that because Jamaica is at a crossroads. 5G is coming, we're in the 14th of the revolution.

Yeah, and listen like if we can't take advantage of these things, the prime minister speak about a digital economy and so forth. If we do about workforce, our entrepreneurs that are embracing this change, we're in problems. We're not only in problems tomorrow, but we're going to be in problems five, ten years from now. So bottom line.

Why? We're in problems. For the whole world. Exactly. Yeah. So that's my tip on it really. Like, just, we're now with Nesia's and we're gonna have that. And people are entitled to their opinion, which is why you'll never see me back on 14 with anybody on Twitter about I create, because I respect deep of opinion. Like, keep of opinion, ...sometimes there is even knowledge in the things they are saying.

Like, you know, walk on ...basha mind, so I feel. Even sometimes when I'm in this respect for it. It takes the opinion and you hear it or sometimes you're working ignored. You have to because I mean you touch a point there's a lion it bring it up then what I see heavily for you where I mean people have been going hard on you to the point because I can I can be hard on companies and I should be I especially if I'm a shareholder,

the company needs to be accessible, you know, show me. Show me that they're going towards a goal, that they say they're going towards. But the things I've seen come to you, boy, where, and it's a person that I come by, I see people hitting you at the time when they have the one that say, yo, what exactly is the,

it was exactly the expecting to say, at a certain point, it's one o'clock in the morning and anyone to tell you want him to lay out him up. I don't know. Like maybe that's maybe more than half I don't see because one thing I learned early ignore both the good and the bad for people to boy with. That's one of the best I basically keep focused because the good can just open up. When the bad come it hit you so hard because it

gets good and then you see the bad and like when they you know you're both. Like you have to keep focus. They keep some good people around you who cannot buy you respect their opinion andantings. And you work from that. Somo de malsit, somo yung filta tubika, somo dewiskring chatan, sentiment, support. But majoritya din, I don't see. Menaguro na neserch, wati-plasagom niyar,

are ala distingsan, support. And sometimes if I'm bad thing around like if somebody was screenshot it and sent to me and send it to my DM so my people know not to send it to me you know yeah because people like that yeah my people who close to you who know yeah unless it's important I'm not going to I'm not going. I'm not going to like try and like search Tyron with this on the phone to it. Yeah, I'm not going to run my business through Twitter either. Like if it's if it's a meantweet, I'm a push business stuff.

Right. I always talk about my business. I talk about sports, I talk about music. When I get to know arguments and opinions, about things with people, about what they like. When I really do that. When I love the platform, a lot of the information come to me in real time and so forth.

I've been a digital media pioneer from day one. And it's just a joy to see how people are interacting on it. It's research for me. When I really live my life on it, you know, like my life private, personal life private, you know, you don't see the adolescent wife or family none of that on Twitter. So people wanting to get first now with me on it, I'm not gonna see it because I'm those not that type of person, you know I'm a protect yourself from it my life I'm a protect your mental health to cause I don't think people is like You're right. I don't it's a jamming can think where You say why what is the thing that you're hoping to achieve it. I'm going to have the agent to discuss stuff and welcome that.

Because it's their business too. They've invested in it. So anybody with a share with an an, we are happy, are just concerned our questions. You come to an age, you ask questions and you get answers. If you have to read it, you stay put and buy more shares if you have to read it, buy a new one. That's what it is. That's a freedom out of the market, give it, you know? I'm impressed with what it is. It's not stock with I create.

You might stock because the money, you lose the money on game back in money or if you feel like the one for the losses and those move on, you know, that's all it worth. But when the stand on it is that we respect all or share with us, you know, like all of them because it's not easy for just take up Emotions in mind to a prospect of the startups of new, you know, the seed before and in my some shares we respect that we appreciate that we're happy for that. We respect them and we're working hard for them like I'm working hard for them you know I have shares too so I'm happy

that my shares put enough but tall you know so I'm continuing to work to see how I can improve on that so it is so you care about the share price you have to be like who would say the knock like my money is in it right my money is in it. Right? My money is in it. I don't want to check it, like live on day by the daily movements, right? But my money is in it. Why would I not care? It's like my share of life

want to know that I care about your money. Right? Yes they do. Yes we do. Right. I care about your money. I care about my money. Also, right? The stock price is the stock price, though. There's not much you can do rather than just work on the money. It's not interesting. Yeah. When you said to me, that sounds strong to me, when I see you actually say,

you're so much like me. But you tell me why you're so much like you're not really so much to me. I'm not white like daily and you know work right? Why this why that and support because you're really like what you need for the focus on growing the business the market will respond, from time to time. But of course, you know, I have stocks in the business through e-media and you know,

I have people I've sold a vision to with I create and I care about how they benefit from it. You know, so my job is to ensure that they do benefit, promote how they benefit from it. Yeah. So my job is to ensure that they do benefit more. I think a lot of people have to understand that I create a startup or find something invested by a whole. That's what it is. Yeah.

What's your ideal shareholder? That's a good question. Yeah, man. What's your ideal eye-create shareholder? Someone who doesn't need to know much deep in the industry of what the business is, right? But appreciate the fact that it is emerging in terms of this will digital and creative

economy. It is maturing, it is getting more sophisticated and this business if they stick to the core fundamentals of running a company, then they stand to benefit in the medium to louder. That's what it is pretty much. It's like what's the best company to associate it with in the overseas market, for example, it's like, I mean, it's like Apple. Think about when Apple, you know, I was just looking, looking back at their 1984 ad, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, will be poor in creatives around the world. That's what I was in those positions. I was like, we're gonna be more, the power, the creativity coming around the world.

Like, we're gonna bring excitement and color to, you know, the use of these poor in devices that you guys have before. We're gonna change it out. That's what we're gonna do. It's gonna enable so much. You know, people can do so much when these devices know, and a lot of people didn't see it initially, but then it started doing just that, they didn't see it to the point where they keep them on our time on company.

Right. company. And then eventually they saw it and looked at it, no. And people still, even when it was, when Steve Jobs was alive and so forth, it's still a challenge. No matter how much he performed and so forth, he's still a challenge. But the key Apple fans who are also shareholders understood the ideal shareholder understood or important Apple is to the world and develop in the regional creative economy. Like if you take I create out of the picture what is going to happen as it relates to the growth of the creative economy. And we're putting together that message though. So, I don't expect the idea to share what I've been doing yet.

We're building it up. It's something that we're not putting the ice in on the cake, it's still working. Yeah. I like that you know pretending that you have it all figured out, you know? Yeah, I agree with that actually. Yeah. Maybe the message will actually carry this down. You know, I read all that actually. Yeah. Yeah. I made it. Maybe message you. You made me message you actually carry this time.

Maybe, right? Yeah. And I don't get why people don't get that. You can. Your raise, I see you as point in the tire. That's really for top of the car. I can make and call chatting in the bread. Where if miss someone start a business, then one

I eat at your dumb that the makes sense. And they say, have the right last name or your broan one you are either to do them that makes sense. And they say, have the right last name or you're born, that they don't know that in a sense. And if you do have it then people are falling. Right. It's an hour. And you have to be able for people have to be able to go their work and people also have to be able to go their fail. But I would put it to them that it's just maybe because of whole I think upon dropping your ship. The fact that you are listed it is really really really

hard to kill a listed company. It's really much tax rates. Yeah man I'm not just a listed company. Just a listed company is hard to kill. I the last time, I made money off. There's so much interest about it. Exactly. The last I made money off, Cibonin was 2019. As Cibonin died in Finnsack in the 90s. But the shares are still trading. You are not even anywhere near Cibonin.

You are literally at the start of your journey. You're at, we are seeing what a Jamaican start up by a young We are near Siboa. You are literally at the start of your journey. We are seeing what Ajami can start up by a young, black, cute, without any, I won't say I have any evilings, I have a holy palinks. They're both more than anybody else. Yeah, exactly.

There we go, there we go. People do all the sort of people put on a lint sting in a bad category, in reality that it's been a relationship and people look for what people call for you, the type of thing that. So I wouldn't say, I think it's a bad thing to be at least because you know, they make on the links. Exactly. And from a business perspective, I started with that kind of ex-YZ as it's mandate.

I mean literally the prospectus is saying, oh, here's something that you haven't seen before. We're doing it. My God, we expect it to be there in a year. In Jamaica, everything moves slow. Jamaica, where they're just discovering that you can... that if somebody pays you in your bank account, it's kind of the same

as if they pay you and yeah, with the question you're not pushing the way I get the direct bank. Yeah, it's crazy. You know, like, we have to wait on COVID, we have to talk to him to hear about that. Right. I'm pushing that thing. I, oh, you know, this is an option to you. It is a new product. Exactly. That's all but it is. It is sad to me that I heard and what I don't like is that because I understand that change takes some time. There's also resistance to change.

I'd like to hear Tyrone going through it strongly because I know it can be rough. I know that the things said online can be really. People don't think about it. I don't think people really consider the effects that it can have so Somebody like me who when I address things or something like that somebody says something bad. I mean say Men are waste time. I found that the way to cut through it is just to be very clear

You're sub-tweeted me. I'm a seed if it bother me my respond I'm gonna have a response to say cost me say oh Like you know if you want me to feel bad good work. I feel bad Are you're right. Or whatever. And suddenly people kind of, if I'm both other things other times, we pick up the phone and call. And then people start bookshuffle.

I find that everybody brave behind the keyboard and I forget that, you know, with some of strength as a country that it would be better if we help lift each other up. And also, not everybody out there who is nice and good manners is weak. We can't fuse a smile and good manners with weakness and that's until it works. Just because somebody is nice and laugh,

they'll mean to them weak and just because you think people don't know who you are doesn't mean that you're actually unknown, right? So I don't set a point. I don't get that response, or the man. Exactly. And I believe that people should know that you can question business and business people without going past a certain line.

I mean, I still have one more business, I have more business question. But I like like one because the big one is the bond. I did take a big one from Sanctuary. Oh, yes. Yeah. 24 million at one. 12. Are 12.5%?

Yeah. Yeah. And these times 12.5% wicked no mile adsots I know them in a variety of cars 12.5% is a rough a rough subject or as I've been there far as you know the definitely rate of and give it a 1 true true more true it's a signal that they believe still believe in the business but the risk risk profile is the reality, right? The risk is high. Yeah, we'll sit on the subject here and yeah, what we're a start up, you know, we do have no track record and we just make a huge loss for just one year. So yeah, we'll I create one tell by I create some what we have a

great this interest rate with the respective risk in nine which they did you know. Business of all. Yeah, that's a business of both. It's a don't think if you're going to get a better interest rate anywhere else. It's just based on what has been happening with the I create. It's a good opportunity that gives us some real room to manage some of our relationships, our creditors and so forth, and the corn, spayers. I'm continuing to move forward with our mandate. So, some good ones and well needed cash injection. It's structured to give us a lot of reading room also. It's not a role bar on our a neck which we're thankful for. I don't know what to say. You have twice every six months you have to pay it, right? Not every

month. Right. Right. So, I don't know if it's had it means that six months you have a component, nice lump sum. Yeah, definitely. But it's not good. It's not good it's a good it gives us good but if you plan properly for that your friend it's a it gives us rhythm you know and it just signal off side of course believe in I create that so forth but I think no or job is say show some performance yeah show some you know build some confidence. I'm not oblivious to the fact that we have to do that. That's my responsibility and it's something I want fully. And the more we continue to do that, as we go along, we just build confidence in the business and we'll get there, you know. Well with the terms, let me go heavier business now, with the terms of your companies setup in terms like your company rules, you don't have a limit on capital, you don't have a limit on how

much shares you can issue. So, so does that mean that we might look for, because I can tell you, I, I business with a 12%, 12.5%, but unless it's a huge business, even the 12.5, nobody does that these days, but a whole lot of you to find something on the market granted I will tell you not the Jamaica market per se because of the bias in it currently but you do have a presence larger than just Jamaica so why not raise why not raise and raise heavily and clear the debt and give yourself some actual breathing room yeah I mean fundraising takes a lot of time you you know, and I created a, you know, without a surplus, our resources going around to get into negotiations, financing negotiations all the time. But it is something that we, like I keep an eye on every month as a business. I think the minute we start to

you know show some kind of stability as it relates to revenues and populations. Operations, stability, and the board, stability,, the leadership team, people feel a bit better about I create, including potential financiers. So we're not ruling out anything in the near future from our financing perspective. It's something that would keep our eyes on, would keep our eyes on strategic path, as financiers and so forth.

And you know, if 12% desire, but at the time you have the circumstances, it's much or risk profile. The minute we're less risky, we have a look at the times, okay, okay, okay, we reconnect, this is our heat is off, our soap. Yeah, most, most, most, most, most, most, because that is wicked, but it's so funny on the flip side, I don't think you'd have gotten it if you'd gone for it post corona. Yep. Definitely. Right. It's good that we've got it before. I don't know much. I'll go

to the interest rate and then more. Yeah, yeah. It's not, but it's a great place to be. I mean, it can be exciting. That's the thing. That's the thing, you know, I don't, I don't like calling myself an entrepreneur. I do love business and I know that the challenge can be exciting. But I feel like everything else is a loan. It can't really poison. I don't think people think what I do, nobody I look on and I say, yo, you know, I'll miss because I look on the model that I create. And I've heard that from business people. I don't even know list because I look at the money that I create. And I've heard that from business people. I don't even know what I'm saying.

And that's what I say. I mean, I talk to young entrepreneurs all the time. So people might be able to learn, they tell him some very genuine, they have a list. More. Yeah, they like it. Yeah, they like it. But now, they have a list.

And learning is a good candidate to list on the stock exchange because he's committed to his business. He understands the business. He is a student of entrepreneurship, right? He's got a good network of people supporting him and behind him. And he's a good person, you know, socially conscious, assist in society, give back even though like, being flush with you, yeah,

are being flush with you, which is, and stuff like you get up and you help, you see a problem and you feel you know concern and a motive you want to help out. So it's socially conscious and support and you know it's a perfect candidate for for listing. So fundamental business practices, ethical, all other things and so forth. So I would candidate I think you should consider it. I mean, don't make like what people as a boni are I create because this thing our last

way, but you know, you could change them too and all the time when I create without MQ and profit to change. it's what it is. Like people, people, so somebody is what they do. Some, some people are financial analysts and support is what they do. You can knock them on

for what they do. You know, the people who are and get, get, get personal. Knock them with them to talk. Right. Get personal.

Get personal. Fight with you more than, but I need to listen to you more. That's like, why do you him to two. Right. So I'm the first to know. Get first to know him. Manago fight with you more than the new police of you more than like one thing I know, Manago team. They get me like, Manago. And I might not know the German. So I do it. I do it.

But why is a good candidate? Yeah, I said I said that to him. I hope him listening. I will learn trust me, I told him a very thing on his Facebook board and I only believe it more and more and what I like, the opportunity there exists for him and you then to start a new class of business in Jamaica, a new class of investment meaning. That's why I asked you what your ideal investor looks

like because I think we need to step away from typical investment in Jamaica. Yeah, I mean, for heavy profit and the more I see dividends, dividends and high profit all at the end. I'm used to investing in a career as and if a company don't look like a career as, it's not a good company to get me. Yeah, well, you find that a to go to the school. Like I have my new corporate secretary Dimitri Adam's to, you know, driving a lot of things, no, like his kind of approach as a

corporate secretary is really good and refreshing. Like,, but I've been no demitra on no to you know we're just a fellow young person too, anything like it's great I've been in there and in Goa Boba and Beyond because guess what? Him and Bill and Goa too, right? Yeah, he's a liar, right? Yeah, he's a liar and he's growing and You know, just like why I love this to like my enjoy this man. I'll make a body spoil my love and fun That I'm a bit yeah, you know, you have to like you want to be there. You want to have fun and You also want to deliver right? Because you have skin in the game. So it's that kind of thing. We have a billowed. I started something out of the collaboration with

Christopher Christopher's new names. And what it is, we're building a large mentorship network, right? Because we have a leadership gap in Jamaica. Quite. And you know, when you think those are those inspiration, or DM changes, you know, the Michael, Manly, the Richard Biles, you know, Daniel Williams, those like, how many of those were kind of created? Oh, you know, that's right. ... ...

... ... ... ... ... So in me, making an ambitious move and the kind of negativity that will come with it, I'm like, can I have the narrative here for young people coming up to feel like it is bad to be ambitious, right? That is interesting. Yeah, it is like we have to say to them, we are here to develop you, like we have a development

of leaders, right? So I'm all for the people, the new generation leaders. Yeah, and it's across business. Dan and I thought what it all the time and I invest in. And it's going to look at some different. It's not going to look on some like the norm, the tradition. Exactly. I'm home different. These people are doing pressure leases with tweets. Yes.

They're sending it out to the people. Right? They're like, there's so many things different. And because it's different, I don't look like when you're accustomed to it wrong. It's the same time you're not having it. It's all like, also right up, we're investing to it. Because I receive exactly the same thing.

It's the same thing. It's all right up. We have to change it again. Everybody forgets that people in the comments start somewhere everybody bond big so when in one comes to my time and it's a guess what he was always that even about starting away if I'm girl I don't know if we're even with the lawyers and there's a kb night. And I try to find the alcohol. You know, like we're off a kind of encouraged people

to be ambitious, to push out and feel, to get up, to the chagging. That's the type of environment. Try some new environment. The environment, that's the type of environment who wants people to survive in regions, or to work out, we can the region of Ritwaka, and not think of a tribe, and be ambitious.

And oftentimes we're not them, we don't even pay attention to what is actually happening. Think about it. I mean, thankfully it's never happened until you know we, but suppose that I read the stuff online last year, or earlier this year, and it gets you and God forbid something up and tear you kill yourself or something. It's stressful to kill your wash-out. We would not have seen this first quarter profit because the

people ball and would have caused it. I need a different talk. That's how. Go back to the shanky. If that's the same week, watch it quickly. Eat that last few weeks. It's so likely so. So you have a good day tonight. Listen. No, no, no. No, no, no.

You're not going to miss one of the things. Like, I mean, the top bolted from time to time. No gel on it because you going to use it as a weakness or whatever, but sick or sick is a chronic disease, right? It's fine. You actually never spoke, you know, I should say that I should find a quote. Yeah, well, you never spoke about it in that first episode. Yeah. And I know it because a person, I know say you have it but I, when I don't I say I have it, you know say should I have Tyrone come and talk about it because that's

a major thing. Yeah man. So make a fee no Tyrone. Yeah. I know. I know. I know. I know.

I know. No man, good man. This shot for all episodes, man. I know. I know. But sometimes, good man. This shot for all episodes, man. Sometimes I got three hours. But sometimes we were only doing that to the guys. So don't worry. We're not going three hours. No, so like, especially that thing where it was, it was a tremendous pain because, you know, it's It's a mile-form, mile-shift red blood cells. So different all blood cells, like an oval. And then the muddy produces are so sickle cells that shape more like a banana.

They carry less oxygen to the body. And it affects blood cold, it affects the immune level, it affects sometimes breathing. And it does significant thing when you're in a crisis. Like when I was younger, I'm a cow off. Like when I was a lit man, a cow off. Like literally a cow off. Like a knees and pin, the ankles, you know, are a packet of chess and a cow. I'm really properly like in 2014, nearly dying.

Like legit, nearly losing my life. Like the doctor that turned my appearance and my girlfriend at the time that my girlfriend was normal wife that good move to fit like the 50-50 you know we are trying to save it blood transfer is, blood exchange, and it's like, no battle for my life, right?

And that was as bad as it gets. That was the worst I've seen it, I experienced it. But other cases where it was really bad, like when I was going to school, sometimes in primary school, my missala semester, a term. In high school, I miss two months, one month, two weeks and two weeks, a lot of times.

I miss two weeks, this month, next week, next month, my next two weeks, it's just one of those diseases, and I have it, but, you know, and that's challenged to me. And it's not even a challenge, right? You know, so those are the things I will spend more time on trying to be concerned about my health, as opposed to what somebody else is saying about me. But those are the type of challenges I try to overcome. The rest of them is kind of easy to be honest. It's really focused on myself, you know, marit lichai get into ala kagating.

Ya, si actually focused on that. And that focus helps. You know, you're a man, you love basketball. It's really not for us, so I accidentally watched it last night. Yo, I just finished it last night. Bread da. Or, it's sparing though. You have no other allowable again. You know, you know some you know say everyone

is gonna come watch me watch like episode two I have so true I have so it's not like I know I like about it is not like if you look at it it's not a perfect story no way shape shape performs a perfect story. I used to say that you're sometimes... The other funny thing is, we are always sigored and as perfect. This reminded us that it is not. And anybody remember that when he came back, then we'd lose in the playoffs. Everybody remember that.

When he came back, I thought he just came back and got straight back from wing. Nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau,au, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, nihau, n straight finals, like go three, and then when he come back miss two, and then go back, but it's an inspiring story, and it just, it's just a showy, you know, so you have to focus on you, like, yung funiting, is that's why I was certain thing. When you can't follow people, right? When when when when you're on father died, the media acts if it comes up with you in gambling, you can't please people, right? Like like seriously, you know,

and then when you decide to retire because you know, you just run out of the energy now, and it's far than up there, and XYZ, the need to start if the NBA is so spinning because I am gambling, you know? Yeah. I remember my mom said, you know, I'm like gambling problem, I have a competitive problem. It's not scary, but it's part of the game. It comes with a territory, one thing I can tell you, if you want to go public, it's public.

It's not called a publicly listed company, if you're not, everybody's business, I have a gift company, even you don't buy shares. You? Yes. That is my name. There's their business, though. You know what? I like the idea, because they don't hear that from other people in business. And I'm obviously, I don't talk to everybody. I can't see for the whole industry. But you hear people sometimes speak as if they don't speak. Yeah, they don't expect to speak in this case.

Am I saying that I'm talking about it? Yeah. Yeah, to quote, to quote, ran, five-seller, you know, public means public. Yeah, literally means public because your right is not just even a shareholder. It's also prospective shareholders. Prospective people, their people listening know who might choose to go and um, become shareholders because of this.

You know, so you always become shareholders because of this. You know, so you always. Exactly. Yeah. Yeah. Exactly. Exactly. And I still try to control what I can do because I do feel the finance. I don't know if I can't speak for finance, Twitter or about the accounts for finance, Twitter at all. But I do think that

I can't temper the thing, man, cause, and them not always sensible either, that's the worst part, is one thing, my thing is if you're a come to people that have a analysis and accusation, at least make sure that the Europe that makes sense for you. Business wise, I don't know what you're going to say.

The core finance, Twitter. I like, right? I mean, that's the core. I mean, some other phone people kind of set up something. Oh, yeah, associated finance with them. And our talk will imposter. Right? So, the core finance, Twitter people, the people with a regular will try their best to educate people

about the market, right? About About the businesses that they see on the market And about principles rules how to read financial statements, altering between the lines and financial statements, stuff like that. I can appreciate that. I think it's, listen, we do about huge population of my students. That is, we are well aware.

I don't think 100,000 people. Oh, oh, the number didn't this day, that night? Two of the 1000 accounts. I know that. That may be half of that. And maybe half of that. That's a very good deal. So, yeah. So, so, so I, whatever, I welcome any initiative to increase the interest in financial literacy over financial literacy, financial I value financial literacy. We need to buy equity, sponsor, taking stocks. Right? I create those funds every year, the earnings season podcast.

I create funds for taking, okay, I got you one talk, Tyru, one talk. No, one talk. I could sponsor taking okay I got you one doctor It is because we had the studio equipment and so for Randy we talk about sponsorship for this area. Yeah, man But like I like it and it's why was I know brain up for me because it gives us The opportunity to help to amplify the voice the opportunity to help to amplify the voice, right? Like, I create a lot of solid direct benefit from sponsoring taking stocks, for example, right? Because a lot of the people who listen to these things and so forth, kind of in a specific market know,

but they think thinking is that we're helping to spread financial literacy, using our creative assets, things that we have. So I like it and I appreciate it, and I welcome the growth of it. I mean, I don't take part in the conversations online, also most because I'm a CEO of a public listed company too. So I tried to stay away from it, but if I was not, you know, our health which I give insights on certain things to I'm support, I welcome it.

Sometimes you have some impassals, but as I say, the core people like yourself, you know, I know I will be in your part of finance the time too. I'm not accessible. I was there before and I'm still here. So yeah, and you know, you know, I've already and somebody point to something, you know,, boy, from maybe the last month or two, finance to talk quiet. It's gotten a lot quieter. Yeah, probably. It's Corona.

Corona effect. It's a question. But, but, but, but, but, as I said, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I any attempt to build knowledge literacy around financial markets because I'm a big proponent of you know people buying stocks and people investing in businesses and people taking their company public like it's a it's a characteristic of a mature economy and that is why the US is the US. These are the things that they have embraced and I think if we can push this somewhere in Jamaica, entrepreneurship will be better for it. There's a lot more. You know, so I am fine with the core of it, you know, so I have been positive, some people

aren't, you know, the core people who push it, you know, I know I and interact with when I'm private they are so for the know what themselves. They're doing our job at building knowledge and interest our own we need it. Yeah, and it will only continue. Yeah, right now benefit from somebody Chattacagwa before right? Oh right. We're making losses. So finance is the most visible. That you know, I'm as they should. As they should. And they shouldn't stop. Right. So I'm fine with that. We need to build financial literacy. We need to a lot of people do know three balance sheet balance sheet, balance sheet, and don't know, don't understand cash flow. Some people do it one, the same, the piano and the rigid. Why I say it is no. Don't we know. We know. You know, you know, a lot of people don't know how to look at

asset financials and mentally translate that into what it means for our business and then project. The last part, the beat, our woli people, the projection. I married annual reports, collect annual reports, look on these things, we also got the physical ones and we read them through. Manana talked with nice pretty looking part. We read them through the details in the notes, other financial statements and so forth. We have a bill that you guys already know about young interns that you know this, but I don't know. that is a dispirational podcast. I would get to know the minds of the CEOs, those know what the same, what the thing can be, they are because Hawaii by stock that are recommend

with people by and such, is like the investment, two, right? That's why they invest in, so this kind of podcast, for example, creates a platform for you to get to the mind of the CEO. You know, exactly. I think that question about emptying the far. So, exactly.

Thank you. Exactly. What do you think about questioning about them thing? The far. It's a real consideration. I'm glad to hear that from you. Happy to hear that from you. So the last time we had Lionel, we never pressed him with a stop. But my question is, are you in finance? So no, with everything that has happened, including Corona, annual business.

Yeah, you still have to ignore two companies on the exchange that you think will be a loan and strong line share price in one year. When we asked that last time, and actually, I never checked it yet. What? Yeah, post Corona chance to get two different ones. I agree. I create.

I create. Alright. I want one more and why. I know one more and why. That was a more bang enough post Corona. Yeah, man. Yeah. Yeah.

Well. I know it's a boy. What? We had to learn it with real money though. I think milk pack. Milk pack. Why? They are on the side that the type of habits that COVID has pushed, you know, in the commerce, is going to continue.

And, you know, a lot more. I've seen some moves that they've made locally in terms of the kind of e-commerce locally also. locally in terms of the kind of e-commerce locally also and I think about the COVID it will be expanded. It has you know gotten the team to kind of push in the creative juice, especially with the con strains that they would have faced during COVID. But I think coming out of this, a lot of people will be sticking to the online methods of commerce. And I think Nielfak is well positioned. And Karri is not sleeping during COVID. not sleeping during COVID. As our wide open, I think they are going to promote stronger, just based on consumer mindset, on the motor COVID, as a junior market company.

market. As it relates to a more senior market, why that is stuff it's heavily skewed finance. I think the finance market is going to have some challenges. A lot of defaults if this thing continue. Mm-hmm. That's the school should have to stop the numbers and have a spike in terms of preparation for credit losses? Yeah, right across the board. We're not a lot of that and so forth. But I think they kind of retail businesses, manufacturing businesses and so forth will will have an optic people will maybe see maybe valid a surgical manufacturing index. Right, a little bit more. I think that will echo because what COVID has started is the need to produce for ourselves. Yes, a lot more. I think we will be doing a lot of that, you know, for our fungary export, we have a big push on export, common note that is, and a lot of the import, import will be an effort to reduce or import bill significantly, especially because of the pressure that is on our foreign exchange.

And I think so manufacturing companies are becoming as strong from this. Why? Well, here's hoping. Of course, there's the biggest one of all, the biggest manufacturing distributor currently listed would be WISINCO, I think. WISINCO would be a distribution, I don't know if separate beat them in terms of, separate is not small, try it out. But yeah, that's not about, about look at things. So I mentioned, pick one, pick an industry.

Yeah, and that's not about, that's not bad look at all. I can tell why it is creating the work out. You can always come to invest in it. Yes, the beauty of it is that you don't have to choose. Yeah, exactly. Yeah, I'm happy to hear that. I have to hear that. I have to choose. Yeah. Exactly. Yeah. Yeah. I'm happy to hear that. I'm happy to hear that.

I'm happy to hear from my entire own. I'm happy to hear. You're not. I'm not. I'm not. I'm not. I'm not. I'm not.

You're not making anything call you don't. I mean, you're against coming on your continuing. You're not. You're not. I'm not. I'm not. I'm not. I'm not.

I'm not. I'm not. I'm not. I'm the people him the lie. I check in my shares as I speak to you because I had bought it as I told you. And then I sold after you went on Cali La Program because Cali La and taking stuff after it gone on her program and the share price you were very clear because we actually played the clip of you speaking. You're very clear in what you said and you're very clear in that you said you know don't expect it in the fourth quarter.

Speaking about last year. And for some reason, I think people are here. Yeah, everybody heard you, man. A couple of course, you know, people tell me, say, yo, the man go pan carita, show and say, hold, it's a good, good, this quarter. I'm like, where in here? That cause.

I was not getting that message. So, you're very more here. The more I get that, the more I get that. The more I get that, the more I get that. The more I get that, the more I get that. The more I get that, the more I get that. The more I get that, the more I get that. The more I get that.

The more I get that. The more I get that. The more I get that. The more I get that. The more I get that. The more I get that. The more I get that. The more I get that. The very clear and that cause you've heard Robyshire Rohn that too. I'm about ourselves, yeah. So I'm happy that you're doing that. And I actually am an eye creature holder. And I am a positive eye creature holder.

Again. Again, again. Why is that? Let me go that deep. So, yeah, but I'm buying sell, buy back it, buy it, sold that profit and bought back it recently when you failed. I know currently profit, but because you know it's time, it's about that time, I bought it in at, you know, 50 cents or a little below 50 cents.

Okay. So, there's not much profit, but it's profit nonetheless. It's profit, dear man. Just like the Q. Just like the Q. Exactly. I'm tired. So with that, I will wrap it. No problem. And thank you everybody for listening. Thank you for that knife, our co-hosting with me. and this has been another week of earnings season I am Randy at RT on Twitter and I'm learning at the edge of the end to talk And this has been earning season. Thank you guys look over for us next week when we go back to doing our market analysis All right, so we don't forget we're not keeping it boring. I'm just doing it every week, alright? But just next time it's on the video, no?

There we go, thank you. Oh, alright. Oh, alright. Manfideta