The book we'll be signing today is entitled The Most Wonderful Egg in the World Written and illustrated by Helm Hine Behind a tree, a fox peered out to sea Three hens were quarreling What about? About which of them was the most beautiful? I am beautiful No, I am No, I am the most beautiful They quarreled and quarreled The first, named Dottie, had the most beautiful feathers She had on a coat of red polka dots Her other coat, hanging up, had yellow polka dots She stood looking into the mirror, admiring her beauty The second hen, named Stockie, had the most beautiful legs Her legs were long and lean She bent over to see her legs The third hen, Ploomy, had the most beautiful crest She stood proud with the crest atop her head The three hens continued to quarrel Since they could not settle their quarrel among themselves They decided to ask the king for his advice They went to see the king The three hens entered the palace They walked down a long red carpet At the end, the king sat at a long table with candles and his drink The hens were nervous The king peered down What you can do is more important than what you look like Said the king The hens were confused What we do? Whichever one of you lays the most wonderful egg I will make a princess The three hens were excited The palace park was a lush green The king was dressed in his royal attire He went out into the palace park Followed by all the hens in his kingdom They were very excited First, Dottie preened her beautiful feathers Before settling in the wet grass It was not long before she cackled Stood up and stepped aside She looked down The king and all the hens were speechless There lay an egg Snow white Spotless and perfectly shaped The egg shell shimmering like polished marble This is the most perfect egg I have ever seen Cried the king And all the hens nodded It was a perfect egg Then it was Stocky's turn With her long, long legs She walked over and settled in The king and the hens all felt a little sorry for her They knew she could not lay a more perfect egg It was impossible She wiggled in After 10 minutes, Stocky cackled Got up and stretched her legs Proudly in the morning sun The king clapped his hands for joy There lay an egg of such size and weight That even an ostrich You know the large birds with protruding eyes A long neck and big body Would for sure have been jealous The egg was very big This is the biggest egg I have ever seen Cried the king And all the hens nodded While they were still nodding The third hen, Plumie, settled herself carefully on the ground The king and all the hens looked to Plumie One hen imagined Plumie's egg maybe yellow Another hen thought maybe two blue eggs A third thought the egg may be cracked One hen pictured there being no egg at all They waited and waited The king with hens on either side stood and watched As he waited, the king hoped for a golden egg Everyone waited Then with only a small cackle She got up eager to see her egg She stood up to reveal an egg that Oh my, oh my That egg would be talked about for the next hundred years And what did the egg look like? Before them lay a square egg Each side was straight as if drawn with a ruler And each surface shown in a different color This indeed is the most fantastic egg I have ever seen Cried the king And all the hens nodded The king and the hens were overjoyed The hens clicked and clicked in excitement Inside the king's home was an elegant green chase lounge On which two hens perched The hens wondered who will become the princess On the wall were three framed pictures one of each egg Do you remember them? The first the most perfect shimmering white The second the biggest egg The third square with straight sides They wondered who the king would choose to make a princess The king said to the hens I have been thinking long and hard about which egg was the most wonderful And I cannot decide It was impossible to say which egg was the most wonderful So the king decided that all three hens should be made princesses The hens were delighted And from that day to this They have been the best of friends And have happily gone on laying extraordinary eggs Many many extraordinary eggs Here the three princesses sit in the king's gondola As he paddles the boat


In this video, I want to prove some properties about normal subgroups. The first one you see right here, theorem 1014, this actually gives you a very simple check to see when, well, to identify some normal subgroups, right? It's a sufficient condition to be normal. It's not a necessary condition. Let G be a group with a subgroup H. Let's suppose that the index of H is 2. That is, there's only two cosets for this subgroup. Then we can prove that if there's only two cosets, then GH is equal to HG for all elements G inside of G. That, of course, implies that H is a normal subgroup. And so what's the argument here? Well, one thing you should always notice that in terms of, in terms of like, if you take the identity, right? Well, honestly, if you take anything in H itself, then you're going to take H times H. Well, this is just equal to H itself, which is equal to H times H. Like, if you take a group and you multiply it by an element in that group, whether it's on the left or the right, you're just performing a permutation. You shuffle everything around. But as the set doesn't matter about the order, you get everything back that you had before. This is a consequence of cancellation. So the coset that coincides with the subgroup, remember, one of the cosets is that the subgroup itself, that subgroup is always going to be, it's going to be left and right compatible here. The coset on the left versus the right are the same. That's not a problem. So what about the other option? Since there's only two cosets, if you're not in H, you're in the other coset, the second coset, which let's take such an element for a moment, right? X, take it in the symmetric, the set difference of G and H, right? So take something that's in G but not in H. Because the index is two, there's only two cosets. One of them is H. And since X is not in H, the left coset represented by X there, so XH, that has to, it's from, it's from G, take away H. But since the coset's form of partition, right, G itself is the union of H and XH, okay? Likewise, we're going to see that G is the union of H and HX right here. But the thing is, if you have this disjoint union, right, the intersection of H with XH is equal to the empty set. This actually implies that XH is equal to G, take away H. So when you have only two cosets, the second coset other than the subgroup is just its complement as a set. And this is irrelevant whether you're left or right. If you take H intersect HX, right, that's still the empty set. And since the union of the two sets is equal to HX, that also gives us that G take away H is equal to HX. And that's the crux of the argument right there, that because you have only two cosets and the cosets partitioned the group, that coset, which is not the identity, that coset that's not H, right? Because these two match up, the other two chunks, right, is they're going to have to agree with each other, right? HX is going to have to equal XH. So subgroups of index two have to be normal because their cosets have no choice but to agree with each other. One important example of this is the alternating group, right? The alternating group always has as its order, in factorial over two, the symmetric groups, orders always in factorial. The argument behind this order is actually half of the permutations are even, the other half are odd, the even ones of course belonging to AN. And so this then tells us as a consequence that the index of AN inside of SN is equal to two. So we always have that AN is a normal subgroup of SN. And it turns out that when AN is greater than equal to five, then AN is the only proper non-trivial normal subgroup inside of SN. Turns out where our normal subgroups are actually quite rare in the symmetric group when the degree gets sufficiently large. It's also true that if you're looking at the quaternion group, right? In the quaternion group, you have that the subgroup generated by I is a normal subgroup because it's index two. So is the subgroup generated by J. So is the subgroup generated by K. If you're looking at like the dihedral group, right? You have the dihedral group. It has always sitting inside of it, the subgroup generated by R, right? Because the subgroup generated by our rotation here, this is just isomorphic to ZN, the cyclic group of order N. And so the order of this group is N. On the other hand, the order of the dihedral group is two N. And so that tells us that the index of R inside of DN right here is gonna equal two. So we get that the rotational subgroup, that is the subgroup of rotations inside of the dihedral group is always gonna be normal. That's a pretty nice consequence. So there's a lot of subgroups we can argue are normal because the index is two. Now, a nice little trick I wanna mention to you, and this will go without proof, is that you can slightly generalize this argument right here. If you were to slightly change it to that, the index of H and G is P, where P divides the order of G, that has to happen if it's an index, but also it is the smallest prime, smallest prime. Okay, so if P divides the order of G and it's the smallest prime that does it, turns out that also is gonna, that necessarily gives you a normal subgroup. And so if you were looking at a group of order 21, let's say you have some non-Abelian group of order 21 assuming such a thing even exists, we won't get into that conversation right now, but what I could tell you is that, oh, if you have a subgroup of G and the index of G, let's say that the order of H is equal to seven, right? And then that would tell us that the index of G, the index of H inside of G would have to be three. Three is the smallest prime that divides 21. So that would tell you that H, H would necessarily have to be a normal subgroup of G because it's the smallest prime. Now that proof is a lot harder than what you see right here. And again, I'm not gonna provide that detail to you, but we could tell, but I could tell you here that, yeah, since three is the smallest prime divisor of the group, every group of index three would have to be normal inside that group. Again, the proof of that statement's a lot more advanced and you're not gonna see that in our lecture series here. So another important result about normal subgroups is actually gonna be a list of equivalents, right? So you often see mathematical proofs of the following way. The following are equivalent. You sometimes see the acronym, the following are equivalent. T-F-A-E, of course, I snuck in the word statements, to be clear, the following what? The following kitty cats are all equivalent? No, the following statements. And so the following three statements are actually equivalents to each other. So the first one is, well, so we have a group G and we have a subgroup N inside of G. So the first condition is that N is normal inside of G. So what does that mean, right? So for all little G inside of G, we have that GN is equal to NG. So that's what it means to be normal. Left and right cosets are the same, right? The coset, left and right cosets give the same partition of the group. Left and right cosets are the exact same. So that's the first statement. The second statement is gonna be the following, that for all elements of G inside of the group G, if you take the set N, or G times N times G inverse, that is a subset of N. I don't claim it's a subgroup because I'm not even saying that this thing is a subgroup, although it actually is a subgroup. But again, we're not providing that argument right here. So we have GNG inverse, that's a subset of N. So when you take this element G on the left and G inverse on the right, that gives you a subset. Then the second, the third statement is actually that in this situation, the two sets are equal to each other, right? This is not the same statement right here, although one implication is quite obvious, right? Noticing if I go this one, statement three implies statement two from a tautological point of view. And then, so I clean that all three of these statements are equivalent to each other. So when it comes to proving the following are equivalent, the simplest proof is to do the following. I'm gonna take the first principle and show that it implies the second principle. I'm then gonna take the second principle and show that it implies the third statement. And then I'm gonna show that the third statement implies the first one. Because otherwise this can get a little bit messy, right? Otherwise, we would have to take some, we'd have to first show that one implies two, one implies three, two implies one, two implies three, three implies two, three, you know, three implies one, right? So that's like six proofs right there, that's a lot. Okay, I don't wanna do all those. By, by, by strategically right now, we have to just do one, two, three proofs. So we actually have to do half of them. And that's because if I wanna prove that one implies three, I just take the composite of these two proofs. One implies two and two applies three. So by transitivity, one would imply three, okay? If I wanna prove that two implies one, we'll all just take one imply, or two implies three and then compose that with three implies one. So again, the composite proves it because of the cyclic nature here. And if I wanna prove that three implies two, well then I'll just take three implies one and one implies two because of the cyclic nature of this proof here. I'm gonna rewrite it a little bit, right? So really we wanna think of it in the following way. One implies two, two implies three and then three implies one. So because of the cycle proof, we actually can prove all of the equivalencies by transitivity alone. Which again, for three, that basically cuts the proof in half. But if you have like four equivalent statements, you'd get four factorial proofs that you'd have to do with just 24. But with our cyclic approach, you'd actually still only have four. So the difficulty of the proof only grows linearly on the number of statements as opposed to factorially, which is definitely a good thing, right? So let's then proceed with the proof. So our first one is we're gonna prove that one applies two. So what that means is we're gonna assume number one and then prove that under the assumption of one holding that two is a true statement, okay? So what we have to do is we have to show that NG inverse is a subset of N. How do you show that a subgroup is a subset of another? I'm gonna take an arbitrary element of GNG inverse and show it's contained a set of N. So that's where we begin. So X belongs to GNG inverse. But by assumption, right, by condition one, which we are assuming to be true right now, the set N or GN is equal to NG. We're gonna get to that in a second, right? That's gonna be the kicker going on here.    Now, I'm not saying N and N prime are the same element, but what I'm saying is if you wanna compute G past some element of N, you could get a different element of N potentially, but you can pass it by by swapping N to N prime, okay? So we're gonna play around with that in the equation we had up here. So if we take this, the GN times, so you have GN times GN inverse, right? That the GN becomes an N prime G times GN inverse, for which though, okay, then those elements are gonna cancel out as we're seeing happening right here, for which then X simplifies to be the element N prime, which by assumption, it's inside of N, right? And so since X was chosen arbitrarily, this shows that GNG inverse is a subset of N, and that's exactly statement number two. So we assumed one, we proved two, and that's the first implication, one implies two. So now let's do two implies three. So we have to show, so we're gonna assume that N, or excuse me, GNG inverse is a subset of N. We then have to prove that GNG inverse is equal to N. Now, how do you prove that two sets are equal to each other? You show that they're subsets of each other. Now, one of those subsets is already done for us. We have to prove the other way around. So under that assumption, so we have two implies three, we need to show, so our goal here, our goal is to show that N is a subset of GNG inverse, because the other directions are taking care of us for that, in that direction, right? So then let's take an arbitrary element of N, right? That's how we showed that one sets a subset of another. We just did that. So N is a subset of capital N. So by assumption, okay? This is the nifty part, right? By the assumption, let's actually look at it for a moment. By the assumption, GNG inverse is a subset of N for all N. In particular, it's true for GNverse, right? In which case, we get an inverse here, and you get an inverse inverse, which actually cancels it out. So if we apply principle two, statement two to GNverse, we get that GNverse times N times GNverse inverse is a subset of N, which if you're dying to simplify, we can do that, GNverse NG, okay? This is a subset of N, that's the assumption we have here. So the element N we started with, we could factor it somehow, there exists some element N prime inside of N, so it's that GNverse times N times G is equal to N prime right here. So if I take my element N, which I started with, and I multiply it on the left by GNverse NG, then this of course will belong to N, right? By this assumption. So we'll just call that element N prime for a moment. Now let's manipulate this equation. Let's times the left-hand side by G. Let's times the right-hand side by GNverse so things cancel out. We see that N is gonna equal to GN prime GNverse. Which that belongs to GNG inverse, right? And so as N was an arbitrary element of capital N, this then shows that N is a subset of GNG inverse, okay? And then by assumption number two itself gives us the other direction so that then proves the two sets are equal to each other, great. So then we have one more direction to go. We're gonna assume that three implies one. So condition three, remember that GNG inverse equals N for all G inside the group. So that's the assumption we have. We need to show that GN equals NG. That's what our goal is right now. So let's take this equation. So if we take GNG inverse equals N, then if I take, so I have to, so again, we wanna show that GN equals NG. So we need to take an arbitrary element of, because we have to show their subsets of each other, so we're gonna take something arbitrary in GN and show it belongs to NG. That's what our goal is right now. And so we'll take X inside of GN. Well, that means there's some element little N so that X equals GN, that's great. Next, if I were to, so okay, so take that for a moment, X equals GN. Well, of course, by the three, which we're assuming right now, there exists some element N prime inside of N so that XG inverse is gonna equal GNG inverse, which is equal to N. So what are we doing right here, right? Let's be careful. Well, X, like we saw earlier, it's just GN. So if you times X by GNverse, you're gonna get GNG inverse, but that's the situation we're in right here, right? You have something that belongs to GNG inverse, but that's equal to N. So we know this product GNG inverse is something in N, so let's call it N prime for the conversation that we're having right now. And so from here, if we take this equation, right? If we take XG inverse and times both sides by G, you're gonna get that X equals N prime G, which we see then right here, for which, oh, N prime was something inside of N and then G, so okay, X belongs to NG. So we've then just shown that GN is a subset of NG. But by a similar argument, you're gonna get the other direction as well. And that proves condition one, which establishes the equality we're trying to go. So one other comment I wanna do is come back up here, is that when you take this set, GNG inverse equals N. We played around with elements, element-wise to show that the subsets were equal to each other. What I wanna show you here is a much slicker trick here. If I just times both sides on the right by G, GN inverse times G was go away, in which case you're left with then GN is equal to NG. The cool thing about this is, although we went through this long proof element-wise to make sure this is legit, what we see as a consequence is that, hey, you can simplify, you can simplify this equation right here. And that is, you can just multiply on the right by elements here. And you can do algebra with these sets. And you're gonna get the exact same thing, which honestly gives you a much simpler argument in the end. And so these gives us three conditions about when a set is gonna be, when a subgroup's gonna be normal. Some textbooks actually define normal subgroups as this right here. Now this set right here, GNG inverse, this is known as a conjugate subgroup. We'll talk about conjugation a little bit more in our next video. But one could define a subgroup being normal as, oh, all the conjugates of the subgroup are the same. But we're gonna stick with Judson's definition of normal, that left cosets always equal right cosets. But we see that this definition, this equivalent statement about conjugation, well, I guess I kinda said that there, the statement is equivalent, the conjugate condition with cosets being the same.


A small reaction strail now that PDP has demanded the arrest of the rest of the Resident Electoral Commissioner for Adamawa State Hoodu Yunusa Ari. In a statement in Sandeba, it's spokesperson Bebo Ologo Agba, that party said the declaration of Aisha Binani as winner of the governorship election while the coalition was ongoing is illegal. He stated that such move is seen as usurping the duties and powers of the returning officer, Professor Mohamed Milley. Now the opposition party also called on the people of Adamawa State, Nigerians and the international community to disregard the purported declaration of the defeated candidate of the APC as winner of the Adamawa State governorship election. And being compromised by the APC and its candidate to manipulate the election in their favor, not withstanding the votes by the people of Adamawa State. Madam Yunusa Ari's action is subversive and calculated to cause crisis in Adamawa State. Disabilize our democracy and peaceful coexistence as a nation. That the Adamawa State Wreck was allegedly compromised with some of two billion Naira to serve out the election. The intention of the Wreck was to make its declaration and then direct the electoral officials in the area of the election took place to manipulate the results to validate its legal declaration. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.


Aggregator macro data are data about populations, groups, regions or countries. Examples of aggregate indicators are average life expectancy, employment rates, GDP, green gas emissions and census headcounts. What all these have in common is that they are produced by combining data from individual units into single counts. So in this example, data from reading performance scores from individual girls and boys has been combined to produce average scores by gender for each country. So here girls are represented by the circles and boys by diamonds. Usually aggregate data are data with a geographic unit like a country or a census ward. Aggregate data about people are either counts or have been averaged, totaled or otherwise derived from the individual level data found in surveys or census returns. So for example, we have a total headcount of everyone in Carlisle in the 16 to 24 age group who defined themselves as Muslim in the 2011 census. This is an aggregate count as it is produced as a total from the individual census returns. Country or regional level aggregate data are often time series data where the measurements are taken at regular intervals and ordered by time. Time series data are periodicity, the frequency at which they are recorded. This could be every year, quarter or month. Time series data are often presented as tables with time running across the horizontal axis. For example, here we see immunization rates reported as annual time series data for countries around the world. Aggregate data are either simple counts such as counting ballot papers in an election or derived from micro level survey data sets by applying statistical methods such as summing or averaging, then applying additional calculations such as weighting and estimations of sampling errors. These procedures are designed to provide reliable inferences about an entire population based on data collected from the set of samples surveyed. For example, unemployment is one of the most closely watched measures of a nation's economy, but how is it calculated? The standard measure of unemployment is the unemployment rate which measures the number of people who are unemployed as a proportion of the number of people who are economically active. This unemployment rate is derived from survey data. In the UK, the Office for National Statistics uses the labour force survey as a basis for calculating the unemployment rate. The labour force survey is conducted every three months and interviews around 101,000 people over the age of 16. Each respondent is classified as either unemployment, unemployed or economically inactive. The unemployment rate is then derived from the responses from this sample. So the unemployment rate is an example of how an aggregate indicator is produced from a survey. However, basing unemployment rate on a survey raises several methodological issues. Firstly, although the labour force survey covers a large representative sample, most absolutely everybody aged over 16 in the UK are included in the survey. This means a different sample would produce a slightly different result. The spread of results from different samples is known as the sampling variability. The sampling variability places a confidence interval in the final unemployment rate produced by the survey. Secondly, as it is based on a survey, the unemployment rate also needs to be adjusted to reflect the population as a whole, perhaps by adjusting the results for a particular local area by age group and gender. A second measure of unemployment is claimant count. This differs from a survey as it is a head count of everybody claiming job seekers allowance and national insurance credits. Since it is a 100% count, the claimant count is unaffected by sampling variability and so can be used as an indicator of those without work at very small levels of geography. However, if we look at claimant count and the unemployment rate together, we see claimant count is consistently lower than the unemployment rate. This is because not everyone who is unemployed claims benefits. As claimant count only measures people claiming benefit, the unemployment rate is considered to be a more accurate measure of actual unemployment as is the standard indicator. In fact, it is a legal requirement for every country in the EU to produce a labour force survey and your results on the OECD then use these surveys to publish a monthly rate of unemployment for each of their member countries. So we have seen that aggregate data, a data that has been derived from individual level data, which are pulled together so larger patterns and trends can be seen. Aggregate data are often data about different groups of people or regions collected for administrative purposes by central banks and national statistical offices. Local and central government departments use aggregate data to identify how and where they should be using public resources. They use the information to check how different groups in the community are affected by existing policies and to inform their future policy changes.


The proposed spin-out, the payload tax bank, the lays or unforeseen costs incurred in connection with construction, the ability of competitors to scale operations in Northern California, the raised or unforeseen difficulties in connection with the cultivation and harvest of yield of raw material, changes in general economic, business, and political conditions, including changes in the financial markets. These risk factors are discussed in detail under the Heading Risk Factors and HALO's annual information form dated March 31, 2022, and HALO's additional disclosure documents filed on CDAR. New risk factors may arise from time to time, and it's not possible for management to predict all of those risk factors where the expense to which any factor or combination of factors may cause actual results, performance, or achievements to be materially different from those contained in fore-looking statements. Given these risks and uncertainties, investors should not place and do reliance of fore-looking statements as a prediction of actual results. Although the fore-looking statements contained in this presentation are based upon what management believes to be reasonable assumptions, HALO cannot assure investors that actual results will be consistent with these fore-looking statements. The company undertakes no obligation to update or revise any fore-looking statements, whether it results in new information, future events, or otherwise, other than as required under security. Transfer the call over to Phyllis Bandenberg, our chief. Okay, thank you very much. Under four months, the percent increases. We're at 381, and we're at 45% increases. The average next price decreased with 63, and 65% respectively. For the full year and three months, the proportion of flower sales was 3 million. The croissants give us a gross profit for the Q4 was 800,000 and for the year it was 7.3 million. The Q4 was minus 16.1%. For the year, and adjusted for impairments by those croissants, the gross margin was 9.6% in Q4 and 20.1% for the year decline. Two on two minus 35%, and for the full year it was 93,000. 2.1 million grams per year. For the three months, it was 50,000. 18,000, a big increase. For the three months, sales was 7.3 million grams. For the three months, there was a gross profit of 854,000 for the year. Adjusted for impairments, the gross profit was 91,000. For the three months of the year. Flowers gross loss for the three months was 523,000. 4 million for the year. Adjusted for 3.9 was no way acquisitions. In 2021, the like for like, all that was actually a 7.7 increase. Nearly it was more cash and like for like. Acamba was 3.6. They added in total 3.4 million to operating expenditures in Q4 and they added 30 million for the year. Acamba and the decline in production overheads was 3.3 million for what basis. It was 23.6 million for the year. That includes impairments. Long-pass items were 56.7 million and 69 million for the year. It was plus 2.9 million in Q4 and was a release of working capital of 7.6 million for the year. For the year, two acquisitions had a value of 54 million. There are impairments. 20 of and 21 of intensive losses were in that number were 40 million. Goodful impairments were 12.7 million and then acquisitions that hadn't closed were 1.4 million. And that is basically the two retail assets. That is actually you'll find that in the financials in deposits. So there was a figure of 7.4 million. In our capital structure, right now we have, at the end of the year, we have Acamba, which was deconsolidated in November. And at the end of the year, that investment is now a long term of 11 million. If I take today's IPO price, where the stock is trading, then in our capital structure, we have a facility with a debt provider of 14 million. Another one with the same group of 50 million. And then we still have a note with Acamba, which is worth about 6 million. So the company has a lot of resources to fall back on. In 2021, we did windberry, the two retail assets as I said, so there are management companies, Black and Trimps and POI. All that, like all those, they were actually ripped off. That's what the old third call was to do. Company 1307296, we did one acquisition, which was simply sweet by presentation. I'll go through them, read the question, and then direct it to the appropriate member of the manager. We're wondering about your health, just in terms of your voice is different. So, would you be able to comment on this? No, sure. My voice will be different from the next two to three months, and then it will return to normal. But I'm dealing by a standard. Regarding the cost of yet, in terms of what we're expecting at Solidify the answer, what is our explanation why the Acamba value is not reflected yet in Halo? The IPO Acamba happened when we ended up with the shares, and we had to be below 50%. We had to sell some shares. We sold those at $1, so therefore our position is valued at $1 and not $4, let's say at a year, because their IPO happened there after. So it comes to one, then we will do a market, and then the IPO price was $4, but right now the price is closer to, I think it's about $8, and that would value the stake at more than $100 million. But because we sold shares at $1, that was the last transaction price. We had to value it at that price, and therefore the stake was at $11. For you, one thing that we mentioned, maybe in the press release, during one of the interviews recently, is along the lines of the sale of Acamba and how that all came fruition. And you mentioned that Haley would consider selling any business if it makes sense for the shareholders. The question here is how will we determine whether that, in fact, makes any business sense? In the U.S. marijuana industry, equal to or higher than the book basis of our asset. You know, distribute the Acamba shares, under securities laws, we're looking at multiple ways, but one way to start giving shareholders a kind of value is maybe to put the shares in some sort of closed mechanism, which we're not interested in doing, and we're locked up for nine months. Three months and then half to 12 months, two shareholders, our meetings with Tage, my conversations with Louisa, is just setting out a path. We have a chance to be a dominant player in Europe with everything they have lined up. Okay, great. This next question is about the recent announcement of the Convertible Note financing and whether or not it will cause dilution. Retail shareholders were hoping that Acamba's ITO could trigger a turnaround with the stock price. They are concerned that the conversion of the note could mitigate that effect. So what are your thoughts on this and recognize that this is not a good strategy? Who is that for? That's for you, Karen. So I think our pace of acquisitions are a considerable amount of actually larger values than us. Example, if we find an asset, and this is just an example, worth 100 million, I would love to be able to pay 10 million in stock and 90 million in debt, secured solely by the assets we buy, sort of a leverage buyout that we're looking at if we go forward with large investments. The other thing we have is we have policies at hand in our 2 o'clock to explore again and are coming down substantially and continue to come down. So we haven't pulled a trigger on anything major yet because it's like catching a ball at night as prices continue to compress. One area we're not seeing price compression right now or as much price compression is in retail. So our focus is dispensaries, dispensaries, dispensaries. For the first time I can say that we're open to also acquisitions in Oregon if they make sense of dispensaries. So this next question was for me, but I think we can all chime in on it. It was just, what is our case on business strategy for 2022? So to kind of piggyback on what Jordan was just touching on there, we're definitely focused on continuing to virtualize, particularly in California, but where it makes sense to do so in Oregon as well. In California, we're laser light focused on now that we have one of the stores open, opening the next two stores. In addition, because of market conditions, there are some attractive acquisitions, and we think of that because the retail prices are less sensitive to market conditions and wholesale, this is going to be a great way to just secure revenue and improve our margins. So, but in addition, and this is something that we touched on in assets that are either non-plant touching or standalone is a great way of creating value and we have a couple of those, one which is quite far along and so, Phillip, maybe you would like to talk a little bit about how we're executing this incubation strategy with Halo Tech. Sure. So put together in one new company called Halo Tech, and that company is we return to share almost as a return of capital. We have 20 million. We know what that represents as the boot value of the total. We actually then calculate how many shares of Halo that involves. Then we issue shares in Halo Tech, so you have a share exchange ratio and every investor in Halo collective will end up with shares in Halo Tech as a distribution. So shares are going to be listed and we're literally in the middle of signing off everything like we have had separate audits for the companies in Halo Tech. Halo Tech itself has an audit. So this company is now exists. It's going to be listed and we have nearly completed them from the prospectus which hopefully we will complete this week to get those shares listed on the CSE that's in progress. So this is different than, let's say, Acanda where Acanda is an outside company where we render the assets. In this case it's actually an outside company. Halo Tech is owned by Halo Collective and distributed to shareholders as a return of capital. Then it takes for the regulator the exchange it takes about two months to allow this to happen. So we expect that in two months time Halo Tech has its own listing. We can see this potentially playing out this year. Halo is also acquired or slash developed for non-plant-touching CBD. So non-plant-touching consumer package is good. And by that I mean HP gummies things of that nature including manufacturing and distribution agreements with employee energy corporations. So things of this nature we're realizing again they have a different supply chain different distribution and potentially could under the right set of circumstances flourish potentially as a standalone. So that's an example of another area for business for contemplating. And the only other one that I would say although it's a little too premature is things still need to kind of clarify with local licensing and in addition there's a market in California and just clarification of how much capacity there'll be this year but that's something in theory that we might look at doing with a triangle can of course as well. So these are just examples of Karen I don't know if you have any other examples that you would touch on. Geographical regions like we did in Africa and Europe we're going to run with that concurrent with our businesses. Related question Karen for you and the question is when would Halo potentially consider simply being a company for the Aconda shareholding or other standalone companies like Triangle and stop any further day-to-day operations? When we get good employment businesses we're going to be people are going to buy low and cycle will come out strong already or have investors are thinking just in general this whole incubation and what we've done with the condo has gotten them thinking a lot and so this next question relates to it as well which I will comment on which is whether it makes sense to bring Triangle public if the California cannabis market is so low and I would say we recognize that and sort of in hindsight we think it was a busting in disguise that Triangle didn't start up this year given what happened to prices in the California market really across the West Coast but certainly California is obviously mindful of that and you think that now is the time that we have learned is that there are potentially some encouraging trends changing regulatory licensing and requiring to convert for the annual licenses or only be granted annual licenses in California which is a much, much higher bar takes more time, energy, many resources and for cultivation it nearly always takes a sequel compliance which is a pretty onerous process it seems like the state is also moving towards limiting the U.S. acre meaning that large growth, large capacity unless they've already been in the pipeline will not be as fun to form in the future but all this means is that we believe although again we're monitoring it for the moment that supply chain could either not restricted per se but not as open and going forward prices will come back and at that point it may very well extend to a season under our belt potentially this year execute an IPO so again these are very this takes time, all of this takes time to but we agree that California this is not the right path Jared will be better than going forward prices for our annual in our reported and our annual filing we reported losses for 2020 however our output increase how is that possible is Canada's growing not a good business I think there are a few elements in there like one is if you go to it is gross margin overhead and then it is a little bit non-cash items but in our gross margins they should improve or first of all some things disappearing such as ICANDA which actually has no revenues so just by taking it away that costs disappear and no revenues disappear that's a good situation that's just one example but we have more of those we need to go down at the same time in a way the contribution margin of the projects that we produce and sell should actually not be affected it is affected because of production overheads and that's an area that we are looking at to bring costs down further and this will improve our gross margin and then we continue to look at overheads let's say the corporate overheads a lot has been done already one example is that all executives are no longer paid in cash with shares so although you see a large number of overheads like 50% of that is basically paid in shares to consultants, to people who work in a company so it's all cash outflow and then that's just accounting like we did a lot of accounting and then it depends on when you do those acquisitions you do it later in the year and there are no revenues yet then you have to have every strong substance otherwise the oldest firm tells you you have to repair them because they marked it down that's what has happened many of those acquisitions that we did I give you an example it was last year that we had to write down LHA which is the old Hollywood dispensary that dispensary opened two weeks ago and it's doing really really well so we may have to write them down in terms of accounting but in the end they do come back with revenues every time once they're up and running and that's how they start contributing and that is reflected in I think in the market cap so yeah it is you're running very hard in a way to stand still in this business and that's what we do we're continuously looking at opportunities we're continuously looking at how to break that cost and how we can turn this into profitability and although I know that there are a lot of groups every day like it's 60 million dollars of more cash which is really just environmental acquisitions that we did you take all that away and then we are pretty much on target but yeah it is a tough business an example of what we acquired this question is about the story that we will open so how is the business in North Hollywood doing? I was touching on the first part of that question which is which store will open next we anticipate that the Westwood store will be open next to the Atlantic Boulevard this past week we actually passed local inspection which is encouraging the state application has been submitted although it has not been fully approved yet it's still in process and then the local government will have to complete the equity share document because we are a social equity license essentially ready to go from a construction standpoint just some finishing touches so we are pretty confident that this store is going to open in future other than that though the North Hollywood business is doing well the first two weeks are more of a soft open while the team is fast and trained and product mix and just make sure everything was in place and we had two grand opening days on Friday and Saturday this past week and the store was just packed and customers were coming in and filling up their baskets and hitting their maximum limits for the day in terms of what they could buy and we are very very pleased to report that's actually the best selling excuse and the stores were the best branded products North Hollywood best for and we anticipate building on it in fact this whole month of April we'll be doing events on Friday and Saturday so we hope that everyone will come by and we're open every day and staff has been great and so in this team has really done new buildings and momentum on the North Hollywood opening so it's the last one of our new dispensaries so let me just tackle this one as he branded the data as well so our STP retail is definitely considering doing this we realized that these stores already have a brand and market they operate under Kishmar this was the rollout as I was mentioning as they did branding in LA thus far the local consumers have reacted well to it's value and we think that that's a great selling proposition wherever you go we're not rushing to make that decision but we're certainly taking a look at and rolling this brand out to Canadian dispensaries but any other market we choose to basically through most of these questions I guess the next question one for each of you still prices have not dropped so precipitously I think depending on the product segments prices were down 25 or 30% or perhaps even more what are your thoughts on what we do see in recovery what would that mean we reduced have come down more than that we thought and I think that we haven't seen the end of that yet I mean we as we know we look at this long term charge for prices in different states some time ago and that doesn't really show yet that we're at the bottom we just we just keep working at bringing our courses down and also with the price of trip being down as well that is the way to maintain your margins but if prices haven't come down then we wouldn't be possible on target but the reality is the prices continue to decline and they may well continue to decline so all we can do is just bring our course down and we have to be prepared for the worst and potentially Oregon may be more prone to back in California with some of the attrition and the licenses but even Oregon is making some potential changes in new licensing and something that we have to track but it's also why it's important and why we decided it's so important to get to scale because retail prices are much sensitive to market conditions and buying in prices are experienced more on the manufacturer but Phillip's absolutely right we should always look for ways to streamline and cut costs if possible. So this last question is for you and so the question is if all of the data is open if we are non-corrosive but really are standalone or are there values better recognized outside of the company when will the value in Hilo come to light financially when we file our date we'll be marked to market pretty much right Phillip will there be any discount applied I don't think so like that will add $19 million like that was $11 million the year end that's the biggest I worth more than 100 million so we when we do mark to markets we will have a gain in our book value of $19 million which we're trading at $20 million in the US discount to our book value pretty much in my past history don't last very long I don't see that lasting very long especially as the economy walked up with a number of shares because we're doing a share dividend so we're actually I don't see de-dialuding anti-dialuding and so using that share dividend technique may actually work well with other deals we have on the table but effectively you're going to see a company by the end of the year operation in California are recovering are recovering in Oregon under two more holdings on the obvious at Q1 that we're trading at an 80% discount to a book anything else that you'd like to add for the presentation so people are asking about the traversable note financing with top line number of $65 million $25 million per month to keep that pollution down people have thought that there's a volatility instrument so they make money when there's more volatility in the stock under 9.9% they're keen to see the stock go up to be a little bit more conservative execute on the dispensaries and implement bring that book value substantially up I think that does it you can always feel free to reach out to us our contact information is on the investor relations page or contact us on one of our social media channels and we look forward to hearing from you and thank you for joining us


everyone's okay sit back and relax. What I have for you today is an episode on the basic knowledge or steps in playing exos heroes. So to start off where exactly can you get freezes? So this is a question that everybody's talking about because says is important in recruiting your heroes. So to start off chapter completion. So if you see there are several chapters for this game chapter 1 up to chapter 10. So each chapter has a set of zests at the bottom. So as you gain stars you start to unlock several sets until you gained all the stars for the maximum number of zests for that chapter. So this is how you earn zests in the chapters. Your journal. This is where you get another set of freezes. When you level up characters up to level 60 you get 20 zests. Then when you level them up to 75 you get another 50 zests. So that's a total of 70 zests per character. So that's pretty, pretty amazing once you try to level up each and every character that you have in your journal. It's your coliseum. So your coliseum opens twice a month only twice a month but it opens for a week. So like this week it's closed but for your coliseum the pass here is usually free for the first time. Then you complete a series of battles until you defeat the seventh battle in which you gain 100 zests for this one. So this is daily for seven days. So leveling up your account is pretty much very easy. There are two things that you should consider. So number one play your chapters again. So aside from earning zests in your chapters you're also earning experience for your account level up. So that is why your chapters are very important. So you earn zests and you earn experience for your account. The next one on how to earn experience for your account level is your daily quest which I finished already for today. So finish all your quests. So I think you have a maximum of eight daily quests for the day and it will earn you experience for your account. So again if I may go back this is a lot of zests for your account until level 55 when you have 5000 zests when you reach 55. I'm sure the devs would probably increase this as players progress in this game probably a few months from now. But for now it's up to level 55 and that's 5000 zests for you. Your diary is well another list of tasks.  So your achievements are probably a lot of tasks that have a lot of accumulation. So almost all of the rewards for your achievements are zests. So there are only a few rewards that are not zests. Okay and the next would be your daily quests. So again we'll go back to the daily quests. So aside from earning for example experience for your account you also be earning zests from your daily quests. You earn a maximum of around 56 zests for this one when your account is already progressed. So for beginners this is a bit lower. So try to be patient and just grind the game down. The next one would be our air squadron attendance. So every day when you check in with your squadron also check your attendance because this is this is 10 zests. Okay and the next would be you pierce labyrinth. It's located in your challenges. Here we are. So for you pierce labyrinth you have five columns filled with meses. So if you're sky gate, sky path, starry corridor, abyssal gate, abyssal path. So each mage has a corresponding zests once you completed it. So for this one for the for number ones it's usually 30. For number two it's usually 50. For number three it's 100. For four it's 200 and for five it's 250 and that is a lot. So try to finish all of your meses in your pierce labyrinth. But take note this is only open once a day. Once you finish one maze you'll have to wait for another day. So your pierce labyrinth resets every month so you will have a big chance to finish it within 25 days but you have an allowance of five days. Okay next is your weekly rewards. So in your weekly rewards you can go here in your weekly report. So you have three weekly rewards which is your zebenstunier which is your pvp. The next is your battle which is your air squadron battle and your embodiment of apparatus. So all of these are located in your challenges. So you have again pvp, you have your battle which is right now locked and you have your embodiment of apparatus. So again this is very important that you finish this every day. So the next thing that we're going to discuss is character development for character level up for character progression. So why do we have to progress our character? Okay we have to progress our characters because number one we play the game so we love to level up our characters but how important is it? So number one I'll just sorry I'll just discuss important key reasons why. So this is actually my opinion on why you should monitor the progression of your characters. So number one we'll go back to challenges. So this is important because this is your blessing sanctum. Why is this important? Because you have here under blessing sanctum lapis altar which is the last stage of the blessing sanctum okay it's under special. So every special stage for every challenge let's say for example experience sanctum, spate sanctum, ancient gold mine, solar trade route, lunar trade route, blessing sanctum and your shelter of avarice has their special stage. So in this special stage take note that you'll be earning your star fate and your star fate is the only currency or token that can that can let you summon or that can let you get faded weapons. So eh so you should work towards building your characters for this one because usually in the special stages there are certain conditions that you should meet for you to enter this one and for you to be competitive. So that's that's one reason why you should concentrate on the blessing sanctum.  So out of all of the previous challenges that I've mentioned your blessing sanctum gives you around the last that I remember was 45. The rest would give you around probably five to ten but this has the biggest biggest amount of star fate that you can get from. Okay and number two is your side story. So for your side story what you earn here is your solar seal. Okay why solar seals? Solar seals are required to unleash the potential of your legendary characters and rare characters. Okay so let us open one one that I have leveled up or unleashed potential already. So if you can see I have here Kaya. So Kaya is a is a rare character and if you can see her unleash potential you know matrix you will have to need solar seals to unleash potential for one two three four five six. So if you have rare characters that six if it's a legendary character you will need you will need to unlock I think only three. So this is where you need your solar seals and solar seals are very hard to find. So please mind your side story and don't spend your solar seals anywhere. Okay the next would be your holy dragon grounds. Your holy dragon grounds okay so for holy dragon dragon grounds you will be earning your relic of dragon dynasty and your five colored faded stone. What is very important here is this one your relic of dragon dynasty because you will be needing this in summoning or or getting faded weapons. So again I'll I'll go to your door creation. So in the door creation you will need it here for your weapons. So you can you can you can get faded weapons here and this one you will need your star fate for your other faded equipment or faded gear. So this is why both of them are very important. The next is your pvp. You need to have great characters for pvp because especially if you are a free to play player you can actually achieve the level of challenger. I experienced this already because um in my in my free to play account I already reached challenger one. So that is the highest level that I have reached for my free to play account. So challenger one.  So that is why even if you're free to play you need to develop your character still and you can you can get this much just by riding it slowly and perhaps progress to the upper levels. Okay the next is your embodiment of avarice. For your embodiment of avarice every day there are conditions that you have to meet for you to enter. So it's usually dictated by the element that it requires. So for this one if you can see it's a frost element and the other requirement is it should be four star and above. So the only way you can get to rank c is if you have combat power of 203,000 in which case I'm only at 182. So I need to level these up so that I could open rank c and avail of better rewards. So that is the reason why you should level up your characters as well. Another reason is also your airship battle. Your airship battle is similar to PVP but it's a battle of three groups in which you have to defeat them consecutively. If you get defeated on the first one you won't be able to proceed on the second one. So this is very important because you also earn zest here once you improve your ranking in your win-loss column. So that is why PVP and battle are kind of tied together because most probably what team you use in PVP you're going to use in your airship battle. The next part that we're going to discuss is the need for character development. So how? How you're going to develop your characters? So again you develop your characters by playing in the chapters. So for every unplayed episode you get experience for your characters. So this is where you can level them up. The next part that you can level up your characters is during the exploration. So during this one I would suggest that you do the smart exploration because when you click on this one you are taken offline so you don't need to be online in doing this but you need to have levy stones for you to for you to do this. I usually do this before I go to sleep or if I do something else. So I put it on smart exploration until I resume the game again. So you earn experience from this as well.  So you level up characters by this and you acquire these through your daily quest and your experience sanctum. Okay so that's about it guys but before we end this video please like, comment, and subscribe. This would be a big help to my channel and I would also like to get any feedback from you so that I could probably tailor fit my videos to what you want or what you want me to discuss for the next video and as well guys take care everyone and see you in my next video.


Hey everybody, it's Hari Swaminathan wanted to give some update on the on the swing trades here on Apple. We have If you look at it as a spread, it's a $5 spread What and five contracts? So it's a it's a $1 debit debit spread So we're looking at a $500 trade. We have an open profit of 800. So that's about a hundred and sixty percent on Apple Baba has recovered CMG still struggling a little bit JP Morgan We open today and it's good. It's good. It's moved up Nvidia is also recovering and the Shopify Ion condor is also making its way back to break even but the big one today and we're gonna close this tomorrow is Apple for an $800 hopefully more more in the morning But this would be a hundred and sixty percent return if you look at it as a spread And it'll be about a 35 to 40 percent if you just look at it as a long call But Baba is also recovering and so we'll be holding these positions until they also develop to some profit. Thank you To sign up for the swing signal service, please go to this bit.ly link. It's bit.ly Swing 25 and you can get a 25% discount on the price there. Again, the bit.ly link is bit.ly Swing 25. Thank you