The Cavalcade of America sponsored by DuPont, maker of better things for better living, through chemistry, presents Warren William in the major and the mules. Before we tell you about this evening's play, here is a bit of news of how chemistry is helping to stretch our wartime food supply. Three billion loaves of bread will be protected against losses resulting from mold this year by adding a special DuPont mold inhibitor, microband propionate salts to the dough before baking. Due to the wartime necessity of conserving food, more of this mold retardant will be used than ever before. This evening with Warren William as our star, Cavalcade brings you the major and the mules, a true story told tonight for the first time of the turning point in the battle for the Owen Stanley Mountains in New Guinea. Carl F. Polifka was the major's name and he came from the USA. The mules? Well, the army still doesn't know for sure where the mules came from, but they were a decisive factor in one of our important victories in the South Pacific. DuPont presents the major and the mules, an original comedy by Robert Talman starring Warren William as major Carl Polifka on the Cavalcade of America. Port Moresby, the hot steaming little sea coast town on the southern shores of New Guinea that is the allied base of operations against the Japs. At Army headquarters, a meeting is in session of the combined Australian and American general staff. So much for the basic strategy of tomorrow morning's attack, gentlemen. At this very moment, our Obama command is attacking the Japs' supply lines and ammunition dumps. By tonight, our little friends over there won't have enough ammunition left to stop a Boy Scout troop. Got most of their depots bothered, eh? Every last one of them. We've double checked the positions on low altitude photographs. General, there's no chance of there bringing up more stuff, I suppose. Not over those mountain trails, Colonel. Not unless they have a continuous transport system of some kind, and they haven't, not since the native bearers deserted them. Yes, I've flown over their supply lines myself. There's not a sign of line. Good. Now, at dawn the artillery will open up on their forward positions. At zero plus forty-five, our first wave will go over. What was that? I don't know what was that. Say, that's our artillery. Uh, answer that, oddly. Yes, sir. Now, as I was saying, gentlemen... That's reported. I think... They're after you, General. Oh, excuse me, gentlemen. Hello? Yes? They are what? Thank you. Well, gentlemen, the Japs' artillery has opened up on us. Seems like they're beating us to the punch. Yes. Got us pretty well spotted, too. I'm sorry, gentlemen, but I'm afraid I'll have to ask you to step down into the shell. Well, I suppose you're right. This way, please, gentlemen. Right down these stairs. Thank you. Thank you. Here's the door. Listen to that, will you? Yes, pretty heavy. No lack of ammunition there if they can afford to throw stuff around like that. I'm afraid you're right. Uh, how will this affect our plans for the attack tomorrow, General? Effect them? It'll cancel them. If they still got that much ammunition, we'd better hold up for a while. Agreed, gentlemen? I dare say you're right, but where can they be getting it from? Well, they're not supermen. There must be some explanation. If we don't find it pretty soon, it's going to be just too bad. We're holding them on the southern slopes, but that's about all. We've got our backs to the sea, and if they take Port Moresby, you can kiss all of northern Australia goodbye within a month. In other words, unless we lick this mystery of the Japs' supply system, gentlemen, we're lick. Well, frankly, I'm stumped. Trucks are out of the question over those jungle trails. They haven't had a plane in the sky for weeks. Yes. Now, we know horses are no good for this terrain, and there aren't enough Jap troops and the whole South Pacific to carry this stuff on their backs. Well, gentlemen, we've got to find the answer and find it quick. You sure aerial reconnaissance hasn't missed something? Well, I was sure this morning, but they must have. Uh, Colonel. Yes, sir? Have reconnaissance go over the terrain again. Haven't go over every inch of it until they find... Gentlemen, something just occurred to me about this. What is it, General? I'm almost ashamed to mention it, but if I didn't know there just ain't no such animal out here, I'd say they must have a flock of good old Missoula mules. Mules, I say, right? Where would they get them, General? No, gentlemen, no.  We've got to find hard solid facts. What are you saying, Doc? I check. Harry? Buy me. Sorry, boy. One buck. Oh, now, Pa, wait a minute. Let's go them again. Why don't we just give them the money? Didn't I have it if I get the card? Well, frankly, Major Polifka, I don't mind you getting most of the cards. I just mind you getting all of them. Oh, well, don't you call me. Maybe I'm kidding. Yeah, I tried that. Hey, Sergeant. Hey, Ted. Yes, sir. Close that door, will you? Yes, sir.  I'm sorry, sir. Holy kidding, Ted. I wouldn't rag a guy of the old home state. Well, what are you guys saying? All yours. Take it. Not me. Thanks, fellas. And your deal, friend. Yeah. What do you say we make it the last hand? What? And you 40 bucks a head? My papa, mercenary. Oh, wait a minute. Wait a minute. It's not that. I'm tired. No kidding. You're tired. You're breaking in the dough? Okay, I'll give you a back-up dough. I just want to sleep, that's all. For two bits, I'd take him up on it. I could retire on what he's taken away from me in the last six weeks. What's the matter, Pop? Not sleeping? Not the last three, four nights. Nerves? I suppose so. Keep hearing things. What sort of things? Well... Probably hears the call of far-off Cuba Libres. No, no, no. Seriously, Pop. Well, that's a funny thing. I've heard it the last four nights. What? Mews. Mews? Mews? Oh, I will take my job. What do you take a guy from Texas for that one? I know. I'm not kidding. I do. I hear them all the time. Go ahead, Doc. Tell them what Freud says it means when you dream about mules. I don't dream about them. I hear them. Sure, you hear mules and I hear Carol Landis. That'll give you a rough idea of the difference between a guy from Texas and a guy from Brooklyn. All right, all right, wise guys. If you don't want to take a fellow officer's word... A fellow officer? Maybe I better give him a couple of sleep until, Pop. No, thanks. Well, it's funny. I know mules. I was brought up with mules. I believe that. No, listen. Big pardon. Big pardon, sir. Yes, sir. I couldn't help but overhear the conversation, sir. So? I hear them, too, sir. Why? Just because you guys are on the same side. Come on, sir. No, no, no. Wait a minute. Wait a minute. You say you hear mules, too, son? Yes, sir. What did I tell you? There are mules. Uh-huh. The sergeants are smart cookie. Even if he is a radio operator, hey, Texas? Oh, cut it out, Pop.  Oh, it's true, sir. I've heard him for the last three or four nights. Sure you have.  I hear when I hear mules, I hear mules. And when I hear one, I can tell whether he's from Texas or Missouri. How much he weighs, how old he is. Sure, my grandmother had the same trouble. You want to bet there's no mules? But, Pop, how could there be? We don't have any. The Japs couldn't have any, because there are no mules in the Far East. Let them bet. Well, even if the Japs did have any, you couldn't hear them this far away. Listen, those guys are pushed so near our lines where this time I can hear them breathe at night. In any way, a mule's voice can carry for miles. And so can a prolificus. Uh, but don't you have with sea? This may be the answer to how the Japs are getting their supplies through the mountains. Look, the Japs don't have mules. They never have had, and they never will have. We may have sold them a little scrap iron, but we didn't sell them any mules. That doesn't sound plausible, Pop, even from a scientific point of view. I don't think mules could even live in this climate. Why not? I do, don't I? He's got something there, Dr. Comparison. It's terrific. All right, all right. If you birds are so cocky, how about backing yourselves up with a little hard money? I'll take you on. Yeah. But you have all my dough. I'm practically clean. I'm back on relief. No, stop, stop. You're breaking my heart. How much do you penny-pinch as a figure you drop? Well, if you're asking me 80 bucks, you duck. 94 and some change. Call it 95. Fred, 60. My poor old mother with payments to meet on the washing machine. 83, 85, and 60. Okay, if I lose, I'll pay over 238 bucks, and you can split it up. And if I win, it looks as though you work for me and Uncle Sam for the duration. Oh, boy, Mama's washing machine is safe. Isn't it a deal? Wait a minute. Wait a minute. How are we going to prove anything? Well, look, look, I'm flying reconnaissance in the morning. And, brother, if there are mules, I'll find them.  You worry, Chum. If you're right with your rate, it's sure it'd be worth it to find mules. I was a sucker bed. Pop, why don't you give up? You vultures are at least going to wait until Freddie gets back, aren't you? Uh, three more beers, please. Yes, ma'am. Now, I suppose I must be wrong, but it's, uh, funny. I heard them just as plain. Did you hear them last night, Pop? No. No, I didn't. There, I told you it was a case for Freud.  There's Freddie. Here comes the boy. Right over here. Right over here. Well, uh, mind if I join you, gentlemen? Don't be so cozy. What about the mule? Well, Pop, I covered the whole territory. What do you think I saw? Mule. No, nothing. Ah! Ah! But, Polyph, the ride's again. This time to the cleaner. Good, are you sure? Oh, Pop, I couldn't have missed him if they'd been there. No, no kidding. Nothing that looked like corral, the shins, or... No, not a thing. Come on, Pop. Come on.  Yeah, it looks like he's right, Pop. What do you follow, sir? Well, I say yes. Give it out. Give it out. Okay, okay. Here it is. Well, well, well. Thank you very much. Oh, no, that's all right, kid. We'll take your word on anything but mules. Maybe you better give me a couple of those sleeping pills, or that, though. Yes, you better. Drop around to see me tonight before you turn around. Hey, wait a minute. No, I won't. Listen to what? Hey, Pop, choke that music box, will you? No, no, no. Now, listen to what? Quiet. Listen. You hear that? What did I tell you? That's a mule. What do you mean a mule? I tell you, it is. That did sound like a... Oh, it could have been a hyena or something. Sure, it could have been anything. Sure. It could have been a parrot. Sure. It could have been the old man snoring. Hey, kid. Oh, man. As you are, gentlemen. As you are. Yeah. Well, gentlemen, what's the discussion? Oh, we were just talking about noises, sir, like snoring. I know it's more than that, sir. I think it's important. And I think the general ought to know about it. Know about what? The noises, sir. I mean the mules. I mean the... Mules? Noises?  But we heard them, sir. We all heard them just now. Heard what? Mules? Yes, sir. Major Polifka? I hope this isn't a joke. It's not, sir. I have heard them. An ascitance heard them. And just now we all heard them. Is this true, gentlemen? Well, it could have been anything, sir. It certainly sounded like a mule, sir. But... But what? General, I'm positive it's mules. Because besides mules or some pack animals, the only way the Jap could possibly be getting his stuff over the Owen Stanley... But how would they get any mules? Why hasn't reconnaissance seen them?  It needs shelter, corral. I don't know the answers to all that, sir. A camouflage would account for some of it. The Jap's awful cute at that kind of stuff, but... But I'll bet you this whole roll of bills... What more? Well, I mean, if you'll just let me fly over and take a look for myself, sir... Well, what makes you think you are particularly suited for a mule-finding mission, Major? Well, sir, I just know mules, that's all. Well, we've tried everything else. All right, go to it. Yes, sir. But if this is some kind of nonsense, Philippka... Yes, sir. That is... No, sir. Report your finding to me tomorrow. Good night, gentlemen. Good night. Good night, sir. If this is some kind of nonsense, Philippka... And boy, he met it, too. Well, what are you going to do now, Pop? Head hop? Look around, take pictures. Oh, look, Chum, look. Take it easy.  You're not worried about me, are you? No, no, no. I mean it, Pop. The air currents in those narrow canyons are dynamite. Those little Japs aren't exactly asleep either. I flew at 5,000 feet and I came back looking like a civ. Just keep your shirts on, pals, and I'll bring you back some nice, pretty pictures. Oh, that reminds me. Hey, give me back that doll. Take it easy. Take it easy. You will get it if I don't get the picture. So long, guys. See ya, man. Well, how do you like that? Well, here comes a wonder boy now. Hey, how do you suppose he made out? I don't know. Well, he got back anyway, which was almost more than I expected. Well, it looks like he got shot up a little long. I told him. Maybe we better go over and have a look. Yeah, come on. Hey, Pop. Hey, Pop. Why don't you make out? I didn't know you cared. About you? Don't be silly. I just want to be sure you didn't have any holes through that water dough that we're going to collect. That dough's plenty safe, pal. Don't worry. Yeah, for whole. Any luck, Pop?  I'm making my report in the CG. You are listening to Warren William as Major Polifka in the Major and the Mules on the Cavalcade of America presented by DuPont. Major Polifka from Texas, USA, is convinced that the ammunition with which the Japanese threatened the American position on New Guinea is carried across the mountains by Mules. No one believes him, but he has bet his bankroll that he's right and has just returned from a reconnaissance flight with pictures which he hopes will prove it. Aren't those pictures ready yet? Right after. Okay. Hey, Tech, huh? Did those guys try to pump you about any of the stuff I saw up there? They asked me some questions, sir. You didn't tell them anything, did you? Major, I was as gabby as a locked-jawed barber with nobody to shave. Good boy. Here are your pictures, sir. Oh, thanks. Hmm. Nothing on this one. Well, this one. Ah, here's something. Hmm? Yup. Yup, it might be. See that text? Yes, sir. It might be. It must be. And I sure hope the old man agrees. Well, I'll take these right in and show them. Come in. Major Polifka reporting, sir. Come in, Polifka, come in. Well, did you find your mules? I think so, sir. Look here. Look on this picture. See that? See what? I don't see anything that looks like a mule to me. No, but those dark patches, sir, they're shelters of some kind. Camouflage corrals, they could be. Could be. They could be anything. Well, but they must be, sir. Now, a few 820s might dig them out into the light. Major, you know we haven't got bombs to waste on hypothetical targets. But, general... No, Polifka, no. Do you have any idea how much time and money enough it takes to get a bomb out of this hellhole of an island? Absolutely no. But, general, my ship's just a reconnaissance plane. Well, flying flusy doesn't even carry guns. All I'd like to do is take her and dive down on one of these things and kind of scare things up a little. And what will that prove? I don't know, sir. That's a hunch. Major Polifka, I don't like to lose planes and I don't like to lose pilots. But I can't watch everything you do and so if you want to hedge up some types of jungle swamp, I suppose I can stop it. Thank you, sir. But if you crack up one of my ships and ever get back here to tell me about it, heaven help you. Yes, sir. Thank you, sir. We're in Tex Wherry and you get it? I think I do, sir. You know mules, Tex? Yes, sir. Very sensitive animal, the mule. Right? Yes, sir. So those are corals and there are mules in them and I can get down close enough to them and jazz the motors on flying flusy. They'll bust out of there and run like... Right! Joe Goat calling three goats. Joe Goat calling three goats. Over, over. Three goats to Joe Goat. Three goats to Joe Goat. What's on your mind, Tex? Getting there, Major. Any second now. How's the look up there? Well, baby, rough going, sir. Pad shot, I showed you. Move the canyon now. Biggie, do I have any trouble going down? Just get now that worries me. You there, Joe Goat? Yes, sir. Any of my bells hanging around your shack? Uh-oh, well, not yet, but I'm expecting them any minute. All right, keep me guessing, boy. Keep me guessing. Your camera's all set. I'm fixing to go. Good luck, sir. Thanks, Joe Goat. Give it to you, play-by-play. Okay, three goats. Joe Goat standing by. Just at the end of the dive, I'm going to cut them more over a couple of seconds so I'm on the first pass. I'll assure enough, hear them. Roger, Roger. Are you all right? Three goats. Are you all right? Three goats. Three goats. Three goats. Yes, sir, but I also got something that sounded like ack-ack. Cuties, aren't they, sir? Makes me feel right homesick. Reception committee? What do you got, Pop? What do you got, Pop? High-five, fellas. Hiya. More, uh, jungle pictures, Pop? Well, maybe he's trying to start a real estate development for after the war. Yeah. Well, if he invites you to live in swampy gardens, I'm used to her. Now, why don't you guys lay off me? I'm just trying to do my part in a war effort. All right, Pop. No kidding, Pop. Did you get anything? Well, come on, come on. Give us a look. Honest, I can't. I told the old man I'd show him to him right away. I was just going in to see him now. Well, uh, you mind if we come along? Oh, look, fellas. Why don't you wait? And, uh, miss this?  Be a sport, Pop. Okay. Okay. Oh, and that reminds me. What about that dough? I guess you don't need to worry about that dough anymore. Come on. Ah, that boy. Let me just do it. Come in. Major Polipka, report, and, sir, with a guard of honor. Oh, I see. Come in, gentlemen. Come in. Thank you, sir. Thank you, sir. I'd heard a rumor that certain parties had an interest in your exploits, other than of a purely military nature. Well, Major Polipka, at any rate, let me congratulate you on your return. Thank you, sir. And let me add that in thinking the matter over, I decided I can't possibly afford to risk personnel and equipment on any more such adventures in the future. Uh, that's an all-imager. Yes, sir. I guess you won't have to anyway, sir. Well, I'm glad you see it that way. Oh, more pictures, eh? Yes, sir. Anything of interest? Oh, I think you might be interested in them, sir, just for the record. Here they are, sir. Thank you. Oh, yeah. Yeah. Great. Scott Polipka. And what goes? Mules. Mules. There must be a hundred of them, scampering all over the landscape. That is a pretty big corral, sir. How did you ever catch them in the open like this? There hasn't been a slightest sign in all our weeks of reconnaissance. Flying flusy must have given them a bad dose of jitters. And they just went to town. I figure that Japs only used them at night and kept them in these camouflage corrals during the day. They're mules, all right. Heaven only knows where they got them. Do you realize, gentlemen, that this is the answer to all our troubles? Yes. It looks their way to me, sir. Once we've scattered these mules, we'll have the Japs right where we want them. That was a nice bit of a con work, Major. Thank you, sir. Well, God of honor. Pop. All I can say is I got to hand it to you. Congratulations. Congratulations. Nice con, Pop. Well done. Well now, we'll want a bombing expedition against those corrals immediately. You'll follow up a fiction, Major. All right, sir. You know the terrain pretty well by now. Are there any special arrangements you might have, sir? Well, yes, sir. There's one thing. All right, let's hear it. I'd like to nominate the pilots for this mule skin and expedition. If that's okay, sir. All right, sir. Who are your men? Well, Doc, yes, flight's certain, so he's out, but Fred and Harry, they're definitely in. Just try to keep us out. Hey, but wait a minute.  Yeah. What's the gag? Gag? What, gentlemen, would I stoop to such a thing? I just figure if you don't go, you'll be cheated, because you sure paid in advance for this ride. Our thanks to Warren William, who will return to the microphone a little later with a message which will be of interest to everyone who has a friend or relative overseas. And to pop now Lieutenant Colonel Polifka happy landings and good pictures wherever you may be. Before we tell you about next week's play, we'd like to tell you about the finely detailed maps and charts which made it possible for the fighting men of the Army Air Corps to wipe out the corral of Jap mules. In a windowless building near Washington, 1700 technicians under the direction of the United States Army engineers are making for the armed forces an average of 6 million maps a month. Days before the United Nations invaded Sicily, maps revealing Sicilian roads and towns, hills and brooks were prepared ready and waiting. 10 million maps went to North Africa, yet not a word of a coming military action has ever leaked out. To this mysterious map factory comes vital information from many sources. Refugees dig into their trunks and memories for valuable details of Axis gun emplacements and factory locations. Engineers who worked in Europe and Asia in peacetime contribute their knowledge of bridges, highways and dams. Daring pilots swooping low over enemy country add miles of sharp clear photographs which are pieced together one by one in telltale mosaics. Targets for tomorrow night. All of the information coming in is recorded on maps. There are waterproof maps made of light cloth that can be tucked into a flyer's pocket handkerchief light. Maps that can be read as glowing lines under ultraviolet light. Maps of every kind. Seven days a week they pour from a battery of high speed offset lithographic presses that can print 4,000 impressions an hour. Lithography is one of the oldest known methods of reproducing words and pictures. In photolithography an image is photographed on a sheet of film. This image on the film is transferred to a sensitized metal or plastic plate. Then the plate is set up in a press, but a press different from the accepted idea of a printing press. In photolithography the plate that carries the picture or map or whatever is being printed does not touch the paper. Instead the ink from the plate is transferred or offset as lithographers say to a rubber roller or blanket. It is the rubber roller that finally prints the image on the paper. Offset lithography is used in printing maps by the million because it is more economical. Offset lithography is still more important in wartime because changes can be made directly on the plate at any moment. For example, if an advancing American unit finds a new enemy fortification in an unexpected position, the information can be flashed at once to a mobile lithographic plant in the field where the new enemy location can be sketched in directly on the map plate and new maps applied within a few hours. We are happy to say that many of the sharp clear maps destined for use by America's armed forces are produced with the aid of DuPont in a graphic film, one of the DuPont Better Things for Better Living Through Chemistry. And here is the star of this evening's cavalcade, Warren Williams. Ladies and gentlemen, here is a message for everyone who writes to a soldier or a sailor overseas. Letters from home are the number one morale builder. The men are eager for mail. The Army and Navy want them to have mail and we here at home are just as anxious that they should. V-mail is any mail under wartime censorship. It's fast and it's sure to be delivered. Remember all V-mail is air mail, but regular air mail is not V-mail. Write often and send it by V-mail. The weapon that saves lives. That is the play which cavalcade will present next week with Edmund Low as its star. One of the great success stories in the history of man's search through the centuries of healing agents. Our play tells the dramatic story of the sulfur drugs which are saving countless American lives on the field of battle. Cavalcade invites you to join us again next Monday evening when we bring you Edmund Low in the weapon that saves lives on the cavalcade of America. The orchestra and musical score tonight were under the direction of Donald Burrys. This is Clayton Collier sending best wishes from cavalcade sponsor, the DuPont Company of Wilmington, Delaware. This program came to you from New York. This is the National Broadcasting Company.


In this presentation, we will continue adding or applying raw materials to jobs. Last time we started with the first job applying raw materials to it, we're going to continue on with two other jobs to apply the materials to them. Let's get into it within to its QuickBooks Online. Here we are in our Job Costing Company Dashboard. We're going to start off by going over to our Excel file. We're going to go back on over to our Excel file here. We're going to be in the EX1-7, same process as last time where we had applying out to the job. We've got materials that are going to be coming out of our raw materials inventory. They're going to be going into cost of goods sold. Transaction is simple as this. We're going to be increasing the cost of goods sold with a debit and it's going to be coming out of raw materials. This is going to be the effect here, that 350 and the 350 here. Last time we allocated 100,000 of it in our system to job number 14. We're going to go through the same process for 7, 4, 15 and 16. In other words, if we go back on over here, we've got our job cost system. We allocated the 100,000, which is part of the 300. We still need to allocate to job number 16, the 80,000 and job number 15, the 170,000. That's what we will continue with at this point. We're going to go back then and I'm going to go back on over to QuickBooks. We're going to be opening up our QuickBooks file or new, open up new and then we're going to go to the expenses. We're going to use that expense once again in that kind of unusual way that we're going to be basically making a journal entry with it and not actually affecting the cash account. I'm going to make this to the miscellaneous vendor that we had set up last time, miscellaneous vendor because there's no actual vendor. I'm going to put it to the clearing account that we will be using. I'm going to minimize this one. I'm going to be put into the clearing account rather than the checking account. We're going to be making this, I believe it was as of the 7th 010720. And we'll just make the method be cash. All right. So then I'm going to minimize the category for now and we're going to go down to the items. We're going to list out those items and note here, as with the prior presentation, we will be basically listing out items that will fit into the materials items, that list of materials that we had and add up at the end of the day to that 170,000. That is our objective. So going back over here, hopefully we can do this with no problems this time that went pretty smooth last time, I think, but this time like more smooth wood finishing, we're going to start off with the wood finishing. We're going to say 30,000 on the wood finishing. We're going to say that that's going to be a billable item. And we also are going to say that this is for job number 15, job number 15. And then we're going to move on and we'll add another item, which is going to be wall covering, wall covering like wallpaper. Another kind of coverings of the wall 21,000, 21,000 for the wall cover and going to make that billable as well. And we're going to make that job number 15 as well. And then the next one is going to be the stucco stucco stucco. That's the one we want. And we're going to be picking that up for the 29,000 is what I think I want here. I can't see it as clearly in my little sheets that I had written down because I'm cheating on the cheat sheet. It's supposed to help me out tab. See what else we have here. Next one we're going to pick up is a staff and this isn't, this is not wages. This is a staff, which is actually an artificial stone of some kind. So the important thing is it's not wages. We're talking about here. It's the staff and that's going to be for 15,000. We're going to make that billable as well. Of course, and that's going to be for job number 15, too. And then the next one is going to be the flooring. I thought we already did that. No, we didn't do that. We did the wood finishing. This is going to be the flooring. And so we'll pick that up. And that's going to be for the 26,000, 26,000. We're going to make that a billable item, too. And we're going to say this is job number 15 as well. Then we have the dropped ceiling, drop ceiling, drop that ceiling. And that's going to be for 11,000. As long as it doesn't drop too far on my toe, don't drop the ceiling on my toe. That's going to be for job number 15, so job number 15. There we go. And then we're going to say, what else do we have here? The next one, we're going to say this is the ceramic tile. And that one is going to be for the 6,000, 6,000. That's going to be, of course, a billable item, too. And we're going to say it's going with job number 15, job number 15. If we then scroll back down, we're at the 381. That seems high. I think this wall covering is probably too high. So I think I put too many zeros in the wall covering. So let's bring that back down to the 21,000 on the wall covering because I don't think wallpaper is that expensive. And then let's check what we have here. Let's go back to our Excel, see what we have. It should be 212. So 212. Let's add another item here, which is going to be the surface finishing. So let's do that again. That was the surface finishing. So there we have it. And that's going to be for the surface finishing. We need that for 32,000. And that brings us at the 224. OK, and then I'm going to change the ceramic tile to 6,000 to bring us to the 170. So we have 6,000 here in the ceramic. And then we've got the 32 in the surface finishing. And you want to check that off and bring that to job number 15. So the full thing looks like this. This is everything we have here. This didn't go quite as smooth as I was thinking, but still went pretty smooth. Those were good on that. So we're going to say, OK, and now that's the first side of it. Now notice up top, we're at the 170 here. That would be decreasing the checking account. In this case, the clearing account, we don't want to do that. The items are doing what we wanted to do. Those are going to be increasing basically the cost of good sold accounts. The other side, it would be going to checking. That's not what we want. What where do we want it to go? We wanted to be decreasing the materials account to do that. We're going to go into the category here and I'm just going to be putting raw materials. So raw materials right there. That's the one that's the one and we're going to just say negative then of the 170,000 and there it is. We're not going to make it billable. We're not going to assign to a customer. We now have a zero up top and it should then be decreasing the raw materials. The other side going to the cost of good sold accounts driven by the items that we put into the items here, just like it did in the prior presentation. I'm going to say save a new and enter the next job before we go check things out. So I'm going to say save a new and let's do this one more time, one more time. And then we have to stop doing this because this is the last job that we have to do it for. So next one, I'm going to say the pay is going to be miscellaneous again. I'm just going to put miscellaneous and I'm going to say that it's clearing accounts. I'm going to close this window to the right side. It's going to be as of the seventh as well. I'll put cash for the method and then we're going to go down. I'm not going to go to the category first. I'm going to go to the inventory items first. So we're going to go to those inventory items. If I jump back over to the Excel worksheet, we see that now we're looking at job number 16 where we have 80,000. We're going to be adding up those inventory items basically to line up to that 80,000. Just to give an example of different kind of items that we could be including here. So let's pick some items out here. I'm going to say that we're going to this this job is going to have a cement renderer, render. A renderer is going to do the cement render. So that's going to be the 12,000. This is going to be job that we're going to make this, of course, billable with a little check mark there and then I double checked it. And then this is going to be job number 16. And so there we have that. Then we're going to have the ceramic tile, ceramic tile. That's nice stuff. Twenty one thousand. Woo, better be nice. We're going to say it's going to be checked off for the billable time. It's going to be job number 16 for the project. And then the next one is going to be the flooring. This is going to be the wide plank floor. That's going to be for the 9000, 9000 on the wide plank floor. We're going to make that a billable item. And this is once again going to be job or we're going to have then the paint. We're going to have paint and the wood stain, the wood stain and that Fox stuff. And that's going to be for the 10,000. And I'm going to check that off as billable, of course. That's going to be for job number 16, job number 16. Next, we're going to have the marble, marble and going to make a statue out of it. This is going to be for the 21,000, 21,000. It's going to be billable number 16 once again. And then we have the plaster, plaster and the gypsum board, the good old plaster and gypsum board. That is going to be for 8000. We're going to say 8000 here. That's once again, of course, going to be billable. And job number 16 is the one we're working on at this point. And now that adds up to 81,000. So let's just make this 7,000. Let's kind of cut. We're going to cut some corners with that gypsum board, the plaster board. We don't need that much of it. We don't need that much. It's going to be 7000. So that brings it up to that 80,000 that will match what's on our Excel worksheet over here. There's the 80,000 on the Excel worksheet. Now we're going to record the other side of it. Same process. We're going to go back up top and say, hey, we don't want it coming out of the checking account. We're just using this checking account in order to help us to use the items, which we couldn't do in any other way like a journal entry. So therefore we're going to go up top and go to the category where we were where we will just add an account. That's going to be the raw materials accounts, raw materials. And so we're going to pick that up. And that's going to be for a negative 80,000. We're not going to do any billable or customer that will then make the zero up top. What's going to happen when we record this one, just like the last one, except the amount is different and the job is different. It's going to be recorded into the expense accounts in accordance with these items, and that's going to be the cost of good sold accounts. Then the other side is going to be going to reducing the asset account of the materials, kind of like our inventory account. And then it'll be affecting the jobs. So what we will be able to track these items and apply them to the job, in this case, job number 16. Let's check it out. We're going to say save and close this time with a little drop down, which is really a rise up. And we're going to go to because it went up and set it down. So rise up. So we're going to go to the save and close. Save and close. And then let's go to our reports. We'll go to the reports on the left hand side, inside the window with the hamburger on it. And then we're going to look at our favorite reports. That's going to be the balance sheet report. That's the first one. We'll open up the balance sheet report, one of our favorites. It's a good one, as everyone knows. I don't have to tell you about it. If we go on down, then we're going to say that the clearing account here is at zero because it went in and out of the clearing account. So that should always be zero, but you could see the transaction there because we use an expense form. So we won't go into it because we did it last time. And then we're going to go to the raw materials is now at the 50,000. That's what we expected it to be. And we have these two expenses here for the 170 and the 80 and the 100. And if I go back on over to our items over here, we basically entered them one at a time, those three adding up to the 350,000 then. So then we're going to be minimizing this.  We're going to go on back on over to the reports. The other side's going to be on the income statement. So let's not close the balance sheet. Let's go up top to the tab up top, right click on that tab like we've been doing and then duplicate it. That's the way to do this thing because then you get the balance sheet on the right hand side. Then we go back to the left hand side where we can do new stuff by opening up the hamburger going on down to the reports once again. And then we can go to the profit and loss report, the P and L, otherwise known as the income statement. Once open, I'm going to close up the old hamburger and then check out what we have at this report. That's really where the action is, is where all the action's happening. If we close up the cost of goods sold and everything's in the cost of goods sold, there's the 350,000. That of course matches what's in our cost of goods sold account on our trial balance when we did this basically in Excel, just matching that out. So then if I was to see the more detail within the cost of goods sold, I can see the activity within it in the income statement including the materials here. In this case, just the materials is all we have thus far for 2020. We have more information if you were to go back to the prior time period, maximizing that again, then we can go up top and we can say, hey, I'd like to see this by job. Let's check it out by job. So if we go from the total dropdown and we'd say, hey, let's look at this by customer, which is going to basically include the jobs at this point and we can filter the jobs to look at open jobs and closed jobs and that kind of thing. But we got these three jobs and now these three jobs now are allocating out the materials, which we can see in this format. I can minimize them. The 100,000, the 170,000 and the 80,000 mirroring what we did on the Excel worksheet over here, the 100, the 170 and the 80 for job 15, 16 and 17 or 14, 15 and 16 respectively. And then we could see more detail of course with the materials dropdown. So that then is going to be the information that is the 350, that'll tie into what's on the balance sheet. If we go back to the balance sheet on the right hand side, then that's going to tie out to what is in the income statement down here, 350 in the current year and the current time period. But we also want to tie out to like the open jobs. We want to know what's in the open jobs. So if I go back to the job reports up top, these three jobs are their open jobs, but they were started before this time period. So if I wanted to bring it back, let's bring it back on back to like 2019 and then say I want to run that report again. Now we can see that we have those beginning balances will be included. And if we go on down to the bottom, now we've got job 14 has the 141 in it. If we go back on over here, that's going to be for the total job now, including the beginning balances because it's running over that year into time period. Job number 15 is the 212 and then the 80. So here's the 212. Job number 16 didn't start until 2020. So it was at 80 in the current period, as well as 80, including prior period because it wasn't open in the prior period. So that's going to be that information that will help us out then that beginning balance, knowing what that beginning balance is or the beginning balance portion of it will help us out if we need to do an adjustment to kind of tie out to a completed contract or a work in process type of thing. If we need to do some kind of adjusting entry for financial reporting purposes at the end of the period. So then let's go ahead and right click on this tab again and duplicate this tab. Let's go back to the tab to the left now and let's open up the old hamburger, the hamburger. And then let's go to the projects. So within the projects, we can view this information in another format as well. So I'm going to close up the old hamburger once the projects tab is open and we have the information for the project. So we've got the three projects now, those consisting of 14, 15 and 16. So if we went down to like project number, let's say 15, we opened up project number 15, then we can see more detail related to this project specifically. Income lines, we don't have any income lines thus far. We've got the expense lines that include the material. We've got the net profit. We can see the transactions for this particular job. We can see the time activity. If we had time activity for employees, we'll talk more about that later. And then we have the project reports, project profitability, time and cost and unbuild time and expenses types of reports. So we can get a nice overview of the projects here if we want to drill down on individual projects as well. So that's going to be it for now. Let's get out of here.


Today, we're gonna be looking at the Brooklyn Museum figures of speech, off-white Air Force ones. As of right now, there's no set release date, but I do have some information for you guys on how you may be able to get some pairs. And I'm excited to give you guys an early look at this shoe. And if you didn't know by now, my name is DJ, and this is the DNA show. On this channel, I love talking about sneakers and especially giving you guys in-depth, early reviews like this. And if you can't tell from the background, we're currently at Untied out here in LA. They got some early pairs available and I wanted to make sure that I gave you guys a nice in-depth look at this sneaker because I know it may look like it's just simple and an all-green shoe, but there's definitely a lot of cool details. So with all that being said, before we show too much of the shoe, we gotta talk about the history first. We saw the first iteration of this in the Nike Air Force One from the original 10-pack that we saw back in 2017. Shortly after that, we then saw the all-white leather version that dropped at ComplexCon. And at that time, the shoe was worth a little bit of money, but nowhere near what is worth today. Following those two releases, we then had the black pair that came out at the MoMA. It was really hard to get, but again, not a crazy, crazy demand, and the prices weren't as astronomical as they are today. A couple of years later, we then saw more and more collaborations coming from Virgil with Off-White and Jordan Brand and Nike, which then caused more demand behind all of its sneakers, slowly increasing the value. We then saw the blue MCA Air Force One, which I still need to get these in my collection because these things are crazy. And just when we thought we were done with the Off-White Air Force Ones in 2019, we then saw the ICA come out in 2021. I missed out on these, but then I finally ended up getting a pair in my collection. And yes, this is a beautiful shoe as well. So now in 2022, after Virgil has passed away, RIP Virgil, a legend in the game. We are now seeing Nike, Jordan Brand, Off-White, Louis Vuitton, you name it. There's a lot of collaborations now being produced, and we are seeing the green pair set to come out sometime this year. We don't have exact details, but I do have a couple of notes from the people because I actually went to the museum a couple of weeks ago. I saw the entire exhibit and I talked to some of the employees because they were actually wearing the shoes while they were working. But we'll get into those details a little bit later in the video. I know you guys are anxious to see the shoe, so let's go ahead and start breaking this shoe down. Starting with the bottom of the shoe, you have your classic Air Force One outsole with the light green spark right here. And that's gonna be the same color all throughout the upper. You have a little bit of silver on the solution, a little bit of white right here, but the majority of the sneaker is definitely gonna be dominant in that spark green color. Now going to the midsole, classic when it comes to the off-white, you have the air branding right here, end quotes with the air in white, and then you have your classic rubber hit right here just below that. Now going up to the upper, you got a premium green leather on here as well. These come equipped with a pair of standard green laces to match the upper and an additional pair of black laces to go alongside with these as well. And on the end of the laces, you have shoelace in white on the green laces, and then you have shoelace in green on the black lace. Now when it comes to the off-white Air Force, one of my favorite hits on these in particular is the swoosh. You kind of got that tin foil vibe right here with the zigzag Frankenstein stitch and black all around that. And then you got a lime green tab right here, classic to the off-white. Now going to the back end, same thing right here. They did the overlay over the Nike Air branding on the back end on the heel, and then you got your exposed foam around the ankle on the sock liner, all green on the inside of the sock liner. And then you have your off-white branding on the inside of the heels right here, one with the face, one with the hands. Another thing we can't forget to mention as well, on here you have a green mesh tongue with the exposed foam on the top end around that, and then you have a hole through the center of it. And then another iconic hit that we see all the time when it comes to the Air Force ones, you got your Nike Air branding with the off-white right here and the ripstop like material and the white with the green text on here. Another iconic hit when it comes to off-white and collaborations with Nike and Jordan brand is going to be that branding on the inside of the foot. You got your off-white with the Beaverton organ in the 1982 on both sides of the feet right here. Definitely something that we see often when it comes to these two and something that we always love to see. Personally, I love the simple touches and I know they're kind of getting repetitive and they're just switching out the colors. But in my opinion, I think they could do the entire rainbow and do a red version, a purple version, a yellow version, all the different colors and have it look it's super dope with the whole set of Air Force ones from the off-white collection. That's just how I feel. You know what I'm saying? I'm from Portland, Oregon.  We got a museum too. I mean, Nike is the headquarters there. I mean, it only makes sense, right? And last but not least when it comes to signature branding as well, you have your classic off-white zip tie right here with that kind of velvet material on the top end around the tab. Now based off of these pictures right here, as you can see, there are definitely a lot of similarities when it comes to these three sneakers, just switching up the base color of the shoe. And I definitely like that aspect. Obviously, you got the different lace color options when it comes to the white standard color on the blue pair. But besides that, the shoes definitely look very, very similar. But one thing that is very different when it comes to this one is we have a different box. What we've seen in the past when it comes to the off-white Air Force ones and the box and the packaging, we typically get the premium sleeve Air Force one box on those, but this one right here is actually more similar to the silver box with the holes in it, like we saw on the first set of three off-white dunks that came out before the 50 pack dropped. So in a sense, yes, this is a switch up, but this is something that we also have seen in the past before, and I'm not mad at it because it's always dope seeing these shiny boxes sitting in the collection. So now that you guys seen some in-depth of the sneaker, let's talk about resell value, how hard is it gonna be, where are we gonna get the shoe at and comparing this shoe against the other ones and what people think if it's fire or trash. So typically when it comes to that, I always like to post a poll on my story to see how everybody else thinks about the shoes. So if you haven't already, make sure you follow me on IG so you can participate in the polls and see all the results here on my channel. Basically I asked the people a simple question. Is this shoe fire or is this shoe trash? This is what they said. 79% of the people chose fire and 21% of the people chose trash and I completely understand it. It is an all green shoe. Now I am a duck span, so that is probably another reason why I might like to shoe a little bit more, but I definitely get it. Not everybody just wants to wear a light, spark green shoe like this just around out in the public, especially with the silver shoes and all that stuff. It may just be too much for some people, completely get it. But for me, you know, I think the shoe is really dope and definitely it's a fire or a cop or whatever you want to call it and something I look forward to adding to my collection someday. And I'm definitely interested to see how you guys feel as well. So make sure you guys are dropping comments down below as we go throughout this video. Now the next question I ask the people is, which one do you guys like more? Do you like the blue pair, the yellow pair or the green pair? And this is what they say when it comes to the results you guys might be shocked, but maybe not. I don't know. Let's just show the results. 63% of the people chose the blue pair, 16% of the people chose the yellow pair and 21% of the people chose the green pair. So as of right now, the green pair is ranking just a little bit higher than the yellow pair, but nowhere near the blue pair. And it looks like that's everybody's favorite as of now. I'm interested to see because we also have rumors of a gray pair coming out in Paris and some other stuff that might be dropping later, which we shall see if anybody knows. But besides that, it's definitely a landslide when it comes to the blue pair. I was expecting to see, you know, maybe something around 30 and 40% and stuff a little bit closer to each other, but that's just honestly not even a fair fight. So now when it comes to pricing, this is also something that is very interesting to check out as well. When it comes to the green pair in particular, now I'm a size 13, so take that as well with a grain of salt, do your own research, all other things prices are gonna vary depending on size. But basically for a size 13, that shoe is gonna go somewhere around $3,500 to $3,000 depending on who you're buying it for and when you're buying it and all those different things. But that's as of right now before the shoe has actually come out, which again, we'll talk about the drop in a second, but that's pretty high. Now, when it comes to the yellow pair, these are gonna be hidden for somewhere around 1500 bucks in a size 13 and honestly, at the end of the day, if you ask anybody who's not a sneakerhead or even people that are sneakerheads, they're gonna be like, that's still high. But relative to all the other pairs and the collection and the pricing on all the other shoes, this one's gonna be your most affordable option. Now, when it comes to the blue pair, we're looking somewhere around $2,500 to $2,000 on this pair and that is also really high as well. Now, like I said, there's always a demand when it comes to a sneaker and people are willing to pay more when they get it early and if you wait for the shoe to drop, the prices start to go down, they settle and then over time, they start to go back up. So this is kind of the same situation with this. It's settled, this shoe has been out for some years and again, this is still a $2,000 or $2,500 sneaker and at the end of the day, yes, that is still a high price point, but it is crazy to see how this one was a landslide but then you look at the green pair and these are right now in particular are selling more than the blue pair and the yellow pair, which is crazy, right? So it's definitely always interesting to see the perspectives of the shoe game and how things go when it comes to polls and people actually spending money and the priority getting on sneakers that are just coming out or people trying to get it earlier, stuff that came out from the past and how hard it is to get. There's a lot of different factors that may change the opinions and the values of sneakers. So that's always something to take into perspective because I feel like this is a great example. These are literally the three same shoes, yet just different colors and probably similar quantities when it comes to the releases as well, but the prices vary so much and then I'm interested to see where the green pair falls a year or two years from now if it does go under that maybe $1,800 or is it gonna go down to $1,200 or $1,500 or is it gonna stay at that $2,000, $2,500 or even go $3,000, $4,000. We shall see in time, I don't know. Let me know what you guys think down below in the comment section. So now when it comes to the actual release of this sneaker, I was at the museum like I said earlier. I was there a couple of weeks ago and I spoke to the employees that were working there. The people that we saw that were wearing the shoes on the site, those were the security guards and the staff that worked for the museum. They were all under contract. Now the museum is going to be open for the figures of speech from I think it was July until January. Sometime around there you could look up the exact dates but basically it's pretty much open for around a six month window. And then from there, they're saying that they're supposed to be released this month and we've been hearing things about us getting pushed back and all these other things.  But I heard that they were dropping 200 pairs at the museum. So there might be a sneakers app type thing that goes from a separate warehouse and then you have pairs that go actually at the museum and then other pairs that go to different stores and different things like that when it comes to the other retailers that may get the shoes throughout the nation or different places in the world. So there's a lot of different things that are kind of in that gray area up in the air, but one thing that I can guarantee is the Brickin Museum is going to be a place to be over hopefully you can get lucky and be there at the right time or if you know somebody that's gonna tell you the exact drop date or whatever's going on, but that's gonna be the number one guaranteed source that everybody's gonna have their eyeballs on right now. And then like we saw with the yellow pair, that pair dropped at the ICA and then about a week later or so, I forgot, I don't remember if it was a week later or a couple weeks later, they ended up doing a restock and they put them on sneakers app and dropped them to the public. So that was another option as well. So I think once we see the drop at the actual museum plus the stores that may have got them and all those different things, now we're talking about that's gonna set the tone and then from there we'll look out and try to give you guys more information when it comes to the extra restocks that may go to sneakers app or something like that. So that's all the details that I have for it right now. There are gonna be other retailers and people that do get the shoes as well. This is a very limited sneaker. There's probably like thousands of pairs, not hundreds of thousands of pairs. So with that being said, there's gonna be a lot of people, you know, doubling up, tripling up, different things like that. It's gonna be hard to get and that's another reason why you see a crazy price point like that on a sneaker like this. So hopefully that gives you guys good information and good detail to look at the shoe, the comparisons, all the stuff that you guys need to know. And again, if you are ever in LA, make sure you guys stop by untied. They always got the heat, they always got the bangers. Every time I get to come through here, they always got something dope for me to review for you guys. I appreciate you as always. And use the discount code DNASHOW that'll get you guys free shipping on all your orders from the untied website. I have all their links and everything linked down below in the description. All right, y'all, I'm out. Yo, if you enjoyed this video and wanna grow your collection or make extra money on the side, I built a VIP mastermind that will teach you everything that I've learned about growing my sneaker collection over the past 15 years. This will also give you access to the DNAFAM in my VIP community, where we talk about investing outside of sneakers. And don't worry. If you don't plan on joining the VIP community, it's okay. I also set up a private DNAFAM community that gives you access to all the behind the scenes looks from the studio and multiple chances to win free sneakers and gear from weekly and monthly challenges. So all you need to do is click on the link down below in the description or the first link pinned in the comment section. That will get you set up and into the community. I'm excited to see you guys on the inside. I'll see you guys next time. Bye.


We got in the huddle early on when we brought them in and we were just kind of I mean went through training camp We had had fun training camp We were ripping it up in the preseason. I remember being practice We as like I said, we have a fun bunch. So we get in the huddle in practice and You know running and trade and Jamal Jackson West, but we all in there So, you know, just about to get a call to play and train goes Hey, you ready to practice El Dorado? And so, you know What? El Dorado And he looked right at you and I was like That is not your middle name I was like His name is Terrell El Dorado. Oh is that thing? So we clown for weeks on that he probably was pissed off, but it was hilarious


As everybody doing today, I'm here with two very special guests, Ben Samaru, the CEO of WonderFight Technologies, as well as Sean Clark, a board member and the co-founder of Hut 8 Mining. How are you gentlemen doing today? Good, thanks. Fantastic, fantastic. I want to get started with you, Ben. I know you guys just launched a new IPO with WonderFight Technologies. Can you tell us a little bit about how the first month has gone with the IPO? And if you guys are on pace to hit some of your first milestones? Absolutely. So, yeah, it's been a great first month. So in terms of kind of milestones for the company, the big moment that everyone's waiting for is the launch of the WonderFight app. So we're super excited that's going to be launching on iOS. And I think it's really going to help bring more people into DeFi, which is really the mission of the company. So we've been heads down like our engineering and product team working on that, and we're super excited to roll that out. And then kind of more broadly, we've been slowly buying up crypto and DeFi assets on our balance sheet. And there's been some good opportunities to do that in the market recently. And the portfolio remains a long portfolio. Like it's not a trading portfolio. We're just really being selective about the assets that we buy, assets that we see driving a lot of value in the space. And then we recently established or set up our Ethereum staking nodes for the first time. So we're looking across the balance sheet, finding ways we can generate yield to generate some revenue initially. And so we're making good progress on that front. And yeah, so we're super excited for the app launch. And then on the public listing itself, for I know a lot of your channel is public market investors rich. And so we're super happy with with the first sort of month of trading. We're seeing more volume than we expected, a ton of interest from US investors. We're still only listed on pinks, which as a lot of your community will know, they're harder to access when you're on pinks before you get listed on QB or QX. And we're seeing a disproportionate amount of volume coming out of the US, which I think is for a couple of reasons. One is there's not a lot of good public market defy investment opportunities. And I think that's probably the biggest driver. And the second is it's no secret that Kevin O'Leary is a big voice behind Wunderfai and are a huge investor in the company. And people love Kevin in the US. Canada, maybe not so much, but the US people, people love Kevin. And yeah, so I think we're we're really excited with how the happy with how the stocks performed and coming up in the next sort of couple of weeks. We're we're going to be online in Germany with a German listing. And then in the next sort of hopefully four weeks or so will be on the QB. So we're expecting to see kind of a big bump in volume when that when the stock becomes more accessible for US investors. Wow, that sounds fantastic. Congratulations on all your success thus far. I know our community is gobbling up the stock in both Canada and the United States. And once you guys get that QB listing, I think that's going to be a huge catalyst to bring in more investors in America. And clearly when you can get listed in Frankfurt, that's also going to bring in a lot of investment investors from Germany and from other parts of Europe. So congratulations on all your success so far. Now, Sean, I have a question for you. I know that you are the co-founder of Hut 8 Mining Corp, a very successful IPO and successful mining company that's now listed on the NASDAQ. And I know that you wanted to get involved in Wunderfai. Can you tell us a little bit about yourself and why you were so excited about getting involved in Wunderfai? Thanks, Rich. Yes, I think that first and foremost, my experience in the crypto space is has been really accented by capital markets opportunities. So yes, I co-founded Hut 8 and was the CEO. We raised over a hundred million dollars. We took a public that was back in 2017 and, you know, that was part of the initial ICO boom and that was that was a wild ride. But as we know, the crypto winter came after that. But that wasn't the only win that I had that I think has, you know, positive benefits to Wunderfai. First Block Capital was an investment firm that got its crypto licenses and investment fund managing and portfolio manager licenses. And we use that firm to create the Bitcoin trust, which we actually sold to 3IQ and then that was the first listed, securitized Bitcoin open ended product, which is now listed under QBTC. So we were involved in that, got a lot of great experience with the capital markets in and around that product. And finally, the the best part of my experience, which led me to working with Ben Samru, was a company called First Coin, which was an ICO advisory firm. And that's where Ben and I worked together quite a bit. And that that company was sold to Novogratz, Mike Novogratz and Galaxy Digital as part of their qualifying transaction and their go public. So my experience, you know, in crypto, coupled with the capital markets, I believe lends itself to being a very valuable member of Wunderfai, because I'll say it and I'll say it again, that being first really matters. And we see Ben and his team backed by Kevin O'Leary as being the real first DeFi public equity player and being first matters within this category. And Wunderfai is there, so I'm really happy to be a part of this. And I know that the investors within our community are very happy that you're part of it as well, because your background speaks for itself. Now, Ben, you've got a superstar cast that you've assembled here at Wunderfai. Can you talk a little bit about some of the key members and what each member brings to the table? Sure. So I'll start with I'll start with some of the people from our kind of executive team. So Kong Lee and Karnak Bajaj, their co-founders, engineer, they're product people at heart, Cardix being a part of Amazon and PayPal, and then actually met Kong at Hootsuite, which is for all the Canadian followers, we'll be very familiar with Hootsuite. And so, again, they're products and technology people at heart. And really, those minded people really want to just focus on solving a problem. And so we're really lucky to have, like I feel really lucky to have them as co-founders in this venture, because I think it's a huge effort to try and solve the problem that we're solving within DeFi, which is around accessibility. And we've got these guys who have built products that have been used by millions of people like PayPal, Amazon, Hootsuite, Shopify and really applying that talent within the crypto space, which is really exciting and it's really important as well as the space grows. And Sean will have seen this just as I did in 2016, 2017 as more attention comes into the space, you do see more engineering talent come in and it's really important to grow the space. Our head of product, his name is Stas. He's a founder himself and a product person. He sold his last company to Hootsuite, which is actually where he met Kong and Karnak. So there's a lot of kind of past kind of connections here that brought the team together and then after he sold that and spent some time with Hootsuite, he then was leading the development of Shopify Plus, which is their premium product before we scooped him up. So product technology, we've got an awesome team. And I know we've talked in the past about Kevin. I can share a little bit about Josh Richards, which I think we know I'm thinking we've talked about him before as well. Maybe I'll talk about Leonard Lachman, who is a strategic investor in Wanderfai and one of our biggest shareholders. So he he was a co-founder of MindMed and really very complimentary kind of experience and advisory to what Sean provides to us. Like Sean just talked about how capital markets have been such a big part of of his successes in the crypto space. And like we're obviously super grateful to have to have Sean on board in this capacity and Leonard with MindMed really grew that company through consolidations in the space. And his background is, you know, as a, you know, running his own investment bank for for many decades and then stepping on to the company side with MindMed sort of for the first time. So we got that unique perspective with Leonard as we look to grow, you know, not only the product, you know, which I talked about a little bit, but really growing the company and non-organic growth is definitely part of Wanderfai strategy. I think we're we're reaching a point in the crypto space where there are a lot of consolidation opportunities and for us having some of the caliber of people that we have on the team and then also public facing people like Kevin and Josh, we're getting a lot of inbound of companies that see an opportunity to work with us in different ways. And so we're, you know, there's a there's a lot of opportunities for us to do that. So we're excited about growing the company in that way as well. Fantastic. I love the team that you've put together. It speaks for itself, literally superstars everywhere in the finance industry, in social media, in mining and crypto. You really have put together a very star-studded team. Now, this question is for Sean. So there's been all kinds of volatility happening in the crypto space and regulation, specifically what's been happening with China. China is banning crypto. They're banning mining. There's a lot of regulation that's starting to come into the space. Do you think that this is the time for investors to get into crypto right now with all these regulation coming in and how is Wanderfai going to help investors protect their money with all of these regulations that are coming into place? I know you're the guy to ask these questions to because you have a lot of experience with hut eight mining in the mining space. What do you think about what's happening with all the regulations? And how do you think that Wanderfai is going to be able to take advantage of the situation and give investors an opportunity to profit? Great question, Rich. First off, regulation is a good thing. I've always believed that this industry is a new asset class. It's the digital currency asset class. You know, we're just kind of hovering just below two trillion. You know, it's going to, in my opinion, be bigger than gold eight trillion plus. And we are seeing the nascent stage right now. And anytime you have a new asset class, you've got speculation, you've got volatility. However, if you do dig into the technology on how the world is becoming digitized, how NFTs, how decentralized finance in the blockchain will be disrupting all traditional business models. You know, hallelujah, I've seen the light. It's all happening. Now, the important thing to note about having a public security is that regulation is part and parcel of the game. Therefore, any investors wanting to get kind of get in the game early, there's no better product than to buying a stock on a tier one securities regime, you know, such as the NIO on that stock exchange with a company like Wanderfai. So I that's why I'm part of this is because you've got a mountain of money wanting to play in this new asset class, most of it institution and retail, but they can't because they can't get in and they can't get in on the deals. Now, when you have a public security, everything changes, right? So you now have institutions that have gotten all of the the approvals from their audit committee and their compliance committee, and we're about to see Q4 2021 here, a mountain of money come in and and honestly, it's only going to put demand pull on on these products and with limited supply, the price will go up. So, you know, I think that the China regulation in the China crackdown. Fantastic. Great. It actually decentralizes all of the mining more globally, just from a specific standpoint, it was way too concentrated back in 2016, 2017 in China. And now, quite frankly, everyone knows that China was going to do this. They've done it great. The corrections priced in. And now you see a triple global adoption of the digital economy. So I think that all of the regulation is positive. And I do think from an investor's standpoint, someone who's deploying capital and allocating capital, you want to actually invest in public securities because of the reporting issue or requirements, because of the visibility within the companies, because of the liquidity. These are all important factors with which the huge institutional investors and retail investors make their decisions. And therefore, wonderful because it's first. And again, I'm going to say it again, being first matters in this. And as Ben alluded to, there will be a consolidation, right? Because of the valuations that you're getting in the public markets because of the potential and the access to capital, quite frankly, you know, there's going to be one winner. And I'm convinced that wonder if I will be that because you've got the team, you've got the expertise to execute on it. So I'm really optimistic about about the stock and there's no better investment now. And in fact, you know, historically, the last 12 September's of the history of Bitcoin have been bad. And then look at October, November, December. So literally it's on sale, literally right now is the time to pile up. And I keep pounding my fists on the table saying, buy more Bitcoin, buy more Bitcoin, it's on sale. And I say that to everybody. And I'm a firm believer because I know we'll play this back in December. You'll be like, oh, that guy was right. Oh, it went up. So it's done it every year, every single year. It's data and it's very predictable at this point. So thank you, Sean. We love hearing from you because you are actually in the trenches with Hutt 8 mining, you lived it, you've seen it. And I've been in the crypto space since 2017. I actually just bought some more Ripple today. And I love the fact that with Wunderfai, I'm going to be able to actually get some staking rewards to hold my crypto, whereas right now I'm essentially making nothing holding my crypto at Endax, which is a Canadian exchange for cryptocurrencies, I get nothing to hold my cryptos there. So I'm just waiting for that beta version to end so you guys can go live so I can move all of my assets into Wunderfai. And I'll be doing the same with our entire community. Now, I wanted to talk to you, Ben, about your competition. What do you feel sets Wunderfai apart from its competitors in the space? So two kind of groups of competitors. One is products and one is public companies. And so, you know, we're we're focused on the on the product side. So I'll start with that. There is a lot of good, like great talent that's building in the crypto device space and has been doing so for a long time. It's all catering towards early adopters, which is people that are deep into DeFi have been trading crypto for a long time. Guys like Sean that, you know, know the ins and outs and like yourself rich that have been involved in the space for a long time. And what that does is it's great for the early adopters because there's so much innovation happening in DeFi and these other platforms are really integrating all of that new stuff, access to these new products, protocols, like on a weekly basis, like the demand is crazy. But what we're seeing is the more developed those platforms get, the further you get from something that an entry level user can use. So it's creating this huge disparity and it's really estranging a lot of people that want to get into the space. They're hearing lots, but they feel like it's not accessible. A lot of the people that we talk to kind of potential users, the biggest reason that we're sponsoring we get to the question of why haven't you gotten involved in DeFi yet?  And that's not a problem with those people. That's a problem with how everything's being communicated within the DeFi space, which is a lot of very passionate, you know, engineers and traders that have been doing this for a long time. And so the level of discussion that they have and this type of stuff that they that they're talking about and interested in is so far away from like, you know, what, you know, your average Joe on the street, you know, average Joe or Jill on the street would would be able to understand or even want to understand because the the needs of an early adopter segment versus your early majority segment are completely different, like they there's, you know, very different characteristics. So we're so our big bet with with WonderFi is that with this platform, which is super simple, it's not all of the most advanced stuff in DeFi, it's where the real like where we see the true value is making it really accessible and then using these trusted voices to help spread, you know, spread the word and bring more bring more users into the space. Our bet is that we're going to really open up a new market segment and we're going to help DeFi cross the chasm that, you know, where a lot of technologies fail, which is, you know, you get that early, early adopter growth, but then it can't it can't get to kind of your average consumer. And we see a lot of technologies fail there. So I think we're not there with DeFi yet. We're trying to do that with WonderFi. And I think that's what sets us apart on the platform side. And then really, you know, quickly on the public company side, I think. There are, you know, there's publicly traded companies that are in the DeFi space that definitely are helpful because they do provide access to traditional investors that want to buy equity and just get exposure to the assets. But I think as we we're starting to see this already as a space of alls and people are getting more comfortable with actually buying assets, the value proposition just for a company that holds those assets goes down. And so that was our sort of, you know, thesis when we started this company and, you know, we're lucky enough to have people like Sean, who's, you know, a friend, you know, a friend and a board member where we could kind of look forward and see, OK, if we if we take on that model, what does WonderFi look like in six or 12 months? And the conclusion was it looks like there's no competitive moat to that because, you know, there's no differentiator and this access gets better. That value proposition declines. And I think we're seeing that in pubcos in this space that just hold assets where they they're trading below NAV at or below NAV, which that, you know, that tells me that, you know, the market's reacted and that speaks for itself. So our big differentiator is we have a high growth product. You know, we have, you know, millions and millions of followers that we can break to that product and we can use that as our springboard into into creating a lot of different, you know, high value products in the space that are really going to help to build value in the company and then to, you know, to make WonderFi sort of the, you know, the name in the defy space. Here, Rich TV Live, we really pride ourselves on understanding the fundamentals of the companies we invest in. Our community loves to understand the balance sheet. Can you talk a little bit about what the projections are for the company's revenues in the next two years? So balance sheet wise, so I can speak to that right now, like kind of at around this point in time. So we've got 26 million in assets on our balance sheet. About five million dollars of that is crypto and defy assets, which which we've, you know, which we've disclosed. And we're we're we're slowly increasing that position kind of, you know, using the classic dollar cost averaging strategy to to reduce the exposure there. But we're we're growing our our exposure to crypto in these select defy assets. And then on the revenue side, so the main sort of initial revenue stream through the app is a transaction fee. There are a few different ways for us to monetize the app through on ramps, off ramps and defy indexes. I'd say those are sort of the the the three largest opportunities with with a number of others that sort of fall from that. And initially just sort of given the size and stage of the company, what we're doing is partnering with different providers that help us do that, which creates revenue sharing sort of opportunities. But again, as the company grows and we continue to get, you know, see more success in the public markets and interest in the product and getting some of these key names involved, we do see this opportunity to, you know, instead of splitting the revenue on the payment processor side, like let's, you know, let's consolidate a payment processor and let's own that revenue stream. So we definitely see revenues growing in that inorganic way, you know, over over the next six months, like we're actively looking at some very attractive targets in the in the space that would, you know, that are available companies that are really complimentary to what we're doing. So we're excited to kind of expand revenue in that way. And then on the app side, again, the transaction fee will kind of be the, you know, the initial initial opportunity there. But I will be clear, we are keeping that to a very minimum. Initially, our we feel less rushed to show revenue from the app on the transaction fee side and more there's more of an importance on lowering the barrier to entry for people.  And so we're trying to lower the barrier as much as possible, capture as many users as we can and just and really build trust. And then those monetization opportunities sort of open up down the road. So we've got a really strong cash position. We've got time to build our user base and, you know, a bunch of different revenue streams that we'll start to come into sort of in the near future. That sounds fantastic. If there was one thing that you would want shareholders and potentially new investors that are thinking about investing to the company to know about Wunderfai technologies today, what would that be? Yeah, I would say it's there's nothing like Wunderfai on the market. For public market investors, there's really nothing like it. And I think people bring up comparables all the time. And I think the really the only sort of kind of close comparisons. I hesitate to say these because they're they're such giants. But really, it's, you know, coin base and and to maybe to an extent, Voyager would be would be companies to look at that that are sort of similar to what we're doing. Obviously, they're more centralized models. But I think, you know, really kind of high growth product, a lot of opportunity to to kind of grow through consolidation, you know, biggest name in finance, you know, biggest name in social media. Biggest name in crypto behind us with SPF. And then we've got these people like Sean, who's kind enough to join us today that have so much experience in growing these companies in the public market. Such an amazing track record where, you know, I feel super lucky where we get to draw that experience to to help turn Wunderfai into the next HUD aid, into the next MindMed and and beyond. What is the best way for shareholders to get in touch with the company if they have any questions? So you can get in touch with us on any of our social media channels or if you have kind of direct investor questions, invest at Wunder.fi, or you can just go to the website and you'll you'll you'll be able to kind of track it from there. And yeah, I would encourage you to reach out. We love talking to people that are investors in the space and users. And yeah, we definitely encourage people to reach out. And I guess the other place would be rich on your channels as well. I know there's a lot of people that are very sort of savvy investors and people that are active in the public market space. So I think that would be a great, great outlet as well. Fantastic. Well, gentlemen, thank you so much for joining us today. I must remind everyone that Rich TV Live is strictly for information, education purposes, please do your due diligence, do your research before you invest in anything that we talk about or discuss here on Rich TV Live. In saying that, I think Wunder.fi Technologies is absolutely wonderful. Thank you for joining us today. The CEO of Wunder.fi Technologies, Ben Samaroo and a board member and the co-founder of Hutt 8 Mining, Sean Clark. Thank you for joining us, gentlemen. Thanks for having me. Thanks, Rich. Always a pleasure if you're not winning, you're not watching. We bring you the winners and we bring them to you first. Thank you for watching, everybody and have a nice day.


Gaslighting is the result of a relationship between two people, a gaslighter and a gaslighter. The gaslighter has a need to be right, and that need to be right preserves their own sense of self and of having power in the world. The gaslighter is the person that they gaslight, who allows them to do that because they idealize and often idolize the gaslighter and are so desperate for their approval and validation that they allow the gaslighter to alter their own sense of reality and tell them that they're wrong and I've got it wrong and I'm mistaken when they are not. I'm going to be speaking with my global mentorship tribe on the 19th of June on a monthly Zoom chat together. I'm going to be teaching on gaslighting, having a conversation, having some Q&A about gaslighting. You know we all do it. I'm not bothered about that. It's those that do intentionally that I'm going to target and speak about. If you want to join us, click the link in the bio, find out how to be there. I'll see you on June 19th, it's going to be a great conversation, cheers.