Do you want to learn how to trade stocks and cryptocurrency? Join our community of traders, go to richpicsdaily.com and find the next 10-Bagger. Hi, how's everybody doing today? I'm your host Rich here on behalf of Rich TV Live with our very special guest Brent Sun, the president and executive chairman of Logic Inc. How are you doing today Brent? Terrific. Fantastic. Excited to have you on the show. First time guest and I'm actually very excited about this deal. I love companies that are early-stage, undervalued, underappreciated, underexposed growth stories and I feel like you guys have a story that needs more exposure. So I'm excited to speak with you today and learn more. So I have a few questions for you and my first question is Logic Inc is a global provider of e-commerce, M-commerce, and fintech solutions. I love fintech. Can you tell us more about the company and the services you offer? Sure, sure. So I'm going to do this in a very simplistic way because one of the challenges I think a lot of tech companies have and we certainly have is trying to eliminate some of the jargon and the buzzwords and make it understandable so that people are not perplexed or intimidated by the story and they can get to the essence of of what's important and what is compelling in terms of making a buying decision. So we've been in business for right at six years. I co-founded the company when I was living in Asia which I did for 17 years. We started out as an e-commerce enabler and so what does that mean? We're listed on the Neo in Canada. Most Canadians are familiar with Shopify. I think most investors in e-commerce are familiar with Shopify. So what is Shopify? Well, they get offline businesses online. If you're a retailer or you want to sell stuff, you use a Shopify platform, you use a desktop or laptop, boom, you're online and hopefully sell it. So that's how we started but what is different about us versus Shopify is very simple. Since I was living in Asia at the time, the focus was more around emerging markets. So there's countries that are very highly populous that people here in the States don't necessarily think about. One of them Indonesia where we have a specific focus in fintech, there's a quarter billion people there. Thailand, there's 90 million people. Vietnam, 140 million. There's a ton of people there. However, they use this. They don't use the desktop and laptop. They skip that whole generation. So if you look at Shopify, how would you build your store? So if you're selling riches, don't panic, rich TV hats and you want to sell them online instead of your store and you want to use Shopify, you have to build your store with templates on Shopify, on the desktop or on a laptop. In emerging markets without that, you got to build it on the phone. So our platform is built on the phone, resides on the phone. The customers, customers access it on the phone. So no desktop, no laptop meeting. So that's what's different. But we're both e-commerce enablers, very simply put. That's how we started. We got to about 30 million in revenues by 2019 from close to zero, did okay, which I'll come back to in a second. But in early last year, we made our first acquisition of a company named Push Interactive. And we've subsequently made two more acquisitions since then, one a few months ago. But these three acquisitions, what they represent is the second part of our business. So the first part, Rich, is e-commerce enablement, getting the offline businesses online. And the second part by way of these acquisitions is helping companies that are already online, sell more and sell better. So it's still e-commerce, but it's a facet of e-commerce that's extremely important. Because let's say, Rich, don't panic, TV hats, you guys were already online, right? Now, how do you advertise?  Well, most small businesses, they use Facebook or they use Google, and they have a budget. They put money in, they get some rudimentary analytics on how their ad dollars are spent versus dollars coming in. But the reality of it is it's extraordinarily hard. And to put this in perspective, you look at the top five e-commerce sites, Amazon, Walmart, eBay, Target. If you look at those top five, they actually control over 53% of the entire e-commerce market. 53% by five.  So what would that mean to you? Okay, well, to you and in the other half a million small businesses that have to compete with them, you guys have to spend money on ad budgets to compete with them, and they're spending a billion a month. How do they do that? Okay, so they're not doing it in-house. They all use a platform called the Trade Desk, which is also public. So again, e-commerce enablement, we're a Shopify for mobile. That's our relevant name that people can associate us with on that side of the business. On the other side, they can associate us with the Trade Desk. So what is it that we're doing different than the Trade Desk? Well, Trade Desk, they serve the big guys, the top 100. And that for them represents over a billion dollars a year in business. And they've got a $30 billion market cap. It's very richly valued and for good reason. But their minimum is a hundred million dollars a month in ad spend. Wow.  You get it. Yeah, but up until recently, you couldn't. But now we have launched a platform that is almost identical to the Trade Desk. It utilizes AI, utilizes machine learning, and all different algorithms that the big clients at Trade Desk get. But we're going after SMBs. So the other half a million customers, that's where we're going. But how do we do that? Well, we're going after the mid-size ad agencies that already have them as clients. And so when we go to the ad agencies, they say, look guys, here's a platform. You're going to get the same level of service that you would get on the Trade Desk, but you can't get on Trade Desk.  And you're going to get full transparency of what logic platform is charging you to do so. And that's a flat 15%. With Trade Desk and Google and Facebook, you don't know what they're making or how effective your ads are. And so it's really hard to compete. And so what are we doing? We're leveling the playing field for customers. Is it a David and Goliath story? Yeah, in many ways it is. But in order to build shareholder value, you have to take the approach that you're going to be able to compete with these household names like a Shopify or a Trade Desk, but being able to differentiate. And the way that we decided to differentiate, Rich, was to take the approach where we want to enable people who don't have a ton of money to spend to grow, help them grow, and then they keep working with us. And as they grow, so do we. I think that's a great model.  Someone like myself that does spend a lot of money on advertising and isn't really excited about the return I'm getting, will most likely come to you now. And I'm actually thinking about trying out your service because I am a small, medium-sized business. And I am spending a lot of money on advertising specifically Google. And to be quite honest with you, I'm not that excited about the results. I'm not. And we're spending lots of money. And I'm always thinking, where can I get a bigger return on my investment? So I think you guys are onto something really big here. Now, can you tell us more about data logic and how it differs from other digital advertising companies like the Trade Desk and the QD ads? QD ads is actually one that we've had on our show. And we brought them on our show when they were just like a buck and we see them go to $20. So they've obviously been doing huge things. They've come back a little bit. What makes you different? Sure. Well, that's a good question. So in addition to the customer focus, where we're going after SMBs, what we've done is we've brought in tool sets and analytics that reach a very wide audience. And if you look at some of our recent press releases, I think for the general public, they'd look at them and go, what is this about? I mean, frankly, when I look at them, I think, all right, they're a bit technical. They use a lot of jargon. They're not easy to understand. The reason that we've taken that approach with data logic is that these press releases that we've made have actually driven new customers and new partners to us. Because in addition to just trying to provide a tool set, in addition to providing analytics to small businesses, you have to give them a greater ability to also choose from other products and services in a way that's very simple. You don't want to make it too complicated. You want to simplify it. So we've just launched audio. So what does that mean? All right. So you know what podcasts are. You've got online radio shows. You've got real radio shows. Well, we have the ability to do ad placement in between those podcasts through audience on Spotify and the other major ones, decibel. So that gives small businesses another opportunity to get their message out there. And there are other channels that we're building in as well. Yeah. And so what are we trying to do? We're trying to provide a wider variety of things in a simplified way so that they don't have to spend too much time trying to figure out, gosh, what do I choose from? I don't know if you've looked at Shopify or BigCommerce or Wix, but there's hundreds of choices. I mean, you as a small business owner would have to go through and go, wow, which one of these do I use and how effective is it? Yeah, it's overwhelming, honestly. I'm overwhelmed by shop. I mean, I've used it, but I'm not a big fan of it because I'm almost overwhelmed. I actually would rather work with a boutique company that can say to me, hey, you spent $5,000. This is what you got. And if this doesn't work, let's try this. Let's try that. Let's try this. I would rather prefer that than going and spending five grand on Google, for example.  I get a little bit of customers, but I'm not very excited about it. And I'm sitting there thinking now in order for me to double, I got to spend $10,000. And it just doesn't feel like I'm getting the value for my dollars. So I actually feel like you guys are onto something really big here because for the small, medium sized businesses, which we are, I feel like there is a lot lacking. And I don't want to necessarily go to Facebook and Google and spend all my advertising dollars just there. I would like to spread it out so I can get our platform seen and heard by as many investors as possible. So how you mentioned it, how you can advertise on Spotify, I think that's brilliant. Ideas like that in order to be seen, to be heard in front of the masses, I think it's important that more than five companies are essentially creating a monopoly on the entire advertising space. They are. And it just makes it that much harder for small and medium sized businesses to compete. And you hear a lot of talk, especially during COVID and well, we're not really out of COVID, but it's brought e-commerce to the forefront. But the one thing that I think a lot of people don't realize is that e-commerce as a percentage of total retail is still only 20%. And so is there a growth opportunity in e-commerce on its own? Yeah, absolutely. Especially for small and medium sized businesses, if they can figure out a way to better compete and things can be shown to them on a platform that's simple and easy to use and they don't feel like they're spending too much time away from what they do best, that's great. That's a very valuable proposition to them. And in turn, what does it do for us and our shareholders? I think it creates a lot of value. And eventually, do we become an acquisition target? I believe so. And along the way, do we look at acquisition opportunities that we've seen? Absolutely. And much like the way that you're talking about acuity ads, there's another Canadian company named Lightspeed that we were introduced to a year ago. And this has been a monstrous success. They had what they wanted. They wanted to grow through acquisitions. If you look at their share price today, it's 117. They've made six acquisitions rich. The last two made at the same time were $900 million in value. They've raised billions of dollars. They've acquired well over $3 billion worth of companies. And their market cap is $12 billion.  And do we intend to do the same thing? We're already on path to doing so. So we want to replicate that. And I think that that kind of drives us to another point that you're probably going to want to discuss and that's valuation. Yeah, I've got a few more questions here. So logic has expanded its footprint and created a strong presence in the Asia Pacific region through several strategic partnerships you touched on a little bit. Can you tell us more about these partnerships and what attracted logic to the Asia Pacific region? And I've actually, I don't know if you're familiar with BMNT, but it's a company that I've interviewed. And they are actually doing business with Vietnam. Yeah. And they have told me how big that market and how fast that market is growing. And now I'm hearing from you today as well, that that's one of the markets that you guys are interested in. So I'm very interested in what you have to say about the Asia Pacific region. Absolutely. Sure. And just to frame it in context. So I was in Asia from 2003 until 2018 and worked there extensively. And what did I do? Well, I was in venture capital and strategic advisory of companies that are in e-commerce. So back in the early 2000s, I had two clients that were primary competitors to Alibaba. So in both of them were eventually sold to larger competitors, one to a big logistics company and the other to a major sourcing agency out of LA. But nonetheless, I bring that up because I do have a specific background in e-commerce in Asia. And then in 2014, I had the opportunity to found what is now logic. When we started out, we used the name Wayland's Tech, which comes from the conglomerate in the movie series Aliens. For those science fiction fans out there, they'll recognize Wayland. But when we started though, Rich, again, the idea was how can we help companies that are offline get online onto this device? And so we looked at a few things. China was already well on its way. India was already well on its way. Both countries represent massive opportunities, but they also represent an entire set of challenges for foreigners. In fact, if you look at China specifically, you'll see very few, if any, foreign competitors that are relevant there. So without going into all of that, what we looked at was, okay, what's next? What's following the curve on China and India? Southeast Asia as a region has about 900 million people. And so Vietnam that you mentioned earlier, 140 million. Indonesia, actually it's 270 million. Thailand, 70 million. Philippines, about 100 million. These are big, populous countries. Now, their per capita income is not what we see here in the States or Canada or Europe, but it's growing, hence the whole emerging markets theme. So we looked at a couple of things. We looked at, all right, how can we compete in a way where we don't have to raise billions of dollars to capture a footprint? And once we capture that footprint, who does it become meaningful to? Because if we're not out trying to raise the billions of dollars and we're publicly traded, how do you benefit shareholders while at the same time raise growth capital? Because nothing in tech is cheap. Everything costs a lot and anyone successful has raised a significant amount of money up to a point and then they just took off. So what we looked at in terms of Southeast Asia was, all right, where do we go first? Well, we started CreateApp, our core product in Singapore, small nation state, 8 million people, about 100,000 small businesses. We actually got about 10% of the market in Singapore of small businesses, but again, it's a small market. But what we did is we learned about what to do and what not to do in terms of spending costs, etc. And then we set out to go to a neighboring country and we chose Indonesia first. And so if you look at the region, a lot of folks here in North America go, why should I care about Indonesia? Why is it relevant to me as an investor? What opportunity would it involve? Back when we first went in four years ago, there were no publicly traded companies in tech here in the US. So there were no real benchmarks. But what we looked at first was how can we get an initial footprint without spending a ton of money? And so we took the approach where we would go and find partnerships with groups that had a large base of either small businesses or consumers that fit the profile of what we were trying to market. And so the partnership you're asking, partnerships that you're asking about in Indonesia, who are they with and what are those represent? Okay, so we currently sell our CreateApp platform in Indonesia. And what we've done is we started in a different way. We didn't go out with the CreateApp platform that we went out with in Singapore. Okay, so it wasn't the whole Shopify for mobile entree into the market. It was, okay, how do we find small businesses and get them to want to be online? Because they're already doing plenty of business with people walking in from the street. Because the difference in actually throughout Southeast Asia, if you look at these highly populous countries, people are crammed into small central areas. And so there's tons of these shops that just line the street.  They're not going to want to spend $20 a month to get a CreateApp platform, which is what we charge in Singapore and what we charge elsewhere. We did some market research. The most anyone was willing to spend was about $1.50 to $2 a month. So it wasn't really that feasible. But you look at the trajectory of the market, the way that the projected growth is, you know that eventually they're going to go, they're going to be there. And so how do you plan for that while still being relevant and gaining some brand awareness? So we looked at launching what's called an e-wallet. And that's like square, that's like ollie pay, it's like PayPal. I mean, there's dozens of them around, plenty of millennial ones that I think our viewers will be quite familiar with, but it's very simple. It's an e-wallet that you go and you put cash into.  You can buy stuff through e-commerce sites. You can top up your phone for data. You can pay bills. You can buy tickets for buses or taxis, pay for deliveries. That's all an e-wallet is. So we entered the market with an e-wallet. We aggregated about 100,000 small businesses that way. And then a couple of years later, we rolled in CreateApp. And so about 70% of those small businesses that didn't want to pay $1.50 a month two years prior, we're then paying $4 to $5 a month because the market matured, but we got them in because they were already using our e-wallet. And so were their customers.  And they'd say, oh, just scan this QR code. And here's an e-wallet that we use. And you can top up here anytime. So that's how we started there. And what that represents is a lower cost access to consumers. And along the way, that is brought in larger, mid-sized and larger players to us. And the one that we're very proud of right now is with the Social Security Administration there, which has 50 million members. And so what are we going to do for them? We're going to provide what are called micro loans. That means people who already have, they already get payroll, they already have their pensions through the Social Security Administration, they will use our app to let people use the e-wallet. And they will use that to take out what are called payday loans. So you can actually borrow money in advance of being paid because the Social Security Administration already does all the administration to payroll. So there's very little risk to lenders. The other thing it does is it proliferates our e-wallet to an even greater base of people. And then there's some other add-ons that we're going to be talking about in the coming months. We've been a bit quiet about it for six months because COVID hit there a little harder more recently. And then we were in a quiet period for six months during the NEO IPO. So yeah, that's what we're doing there. Very simply put, we'll come out with a lot more detail surrounding it over the next few months. And I think that existing investors and then anyone new looking at it will start to piece it together and go, wow, that is exciting because it really is.  So those are all candidates as well for the e-wallet. Wow, that's impressive.  Now you mentioned the NEO exchange IPO, which was a 5.9 million IPO. What fueled your decision to enter the Canadian market? This is a small market. It's 30 million people. You just mentioned 900 million customers. Why Canada? Why Canada? Well, for years, we've been referring to ourselves as the Shopify for mobile. They probably wouldn't be thrilled about that. But we're considerably smaller than they are. So I don't know that they'll mind too greatly. But Canada is the home of Shopify. I think you go ask 10 people, hey, do you know Shopify? Most all of them will say yes.  It's been a point of relevance for us. And so when we were evaluating places to IPO, we looked at Canada. We looked at Australia. We looked at... But it made more sense to say, okay, if we can IPO in Canada, home of Shopify, we can have an investment bank lead the deal. We can be on a senior global exchange with the NEO, which the NEO is, and get a lot of attention along the way. Why not? And so that was the decision. And we've been thrilled with it. Very good. And we're thrilled that you guys are here. Now what sets logic apart from other e-commerce and fintech solution companies in the space? Okay. So in addition to demographic focus, looking at SMBs and offering tool sets with full transparency and access to products that usually only the big guys get, regional focus. So again, we're in Southeast Asia. There are currently three US listed companies that have a focus on Southeast Asia in terms of tech or fintech. There's C Limited. Their ticker symbol is SE. Their current share price is $326 a share. Two years ago, it was 12. Yeah, it's been monstrous. Yeah, $170 billion market cap. And that's huge. And where are they focused? Indonesia. Fintech, they do e-commerce. They do mobile gaming. I mean, they've been a massive success story. Grab, which is the equivalent of Uber in Southeast Asia, but they actually ended up beating Uber. Uber sold their operations to Grab. Grab just announced they're going into a SPAC called Altimeter Growth. That closes Q4 this year, but it's currently carrying a $45 billion market cap. And then there was one two weeks ago called FinExcel, which is in Singapore, but has an Indonesia focus. It's a fintech platform. Their valuation is $2.5 billion. They've agreed to go into a SPAC. So there's three companies that operate there that are public in the US. You will literally see in the next 18 months, you'll see at least another 10 to 15 coming public here. So what does that mean to individual investors who are hearing about this now? Well, when you see this thematic move of institutional money and Main Street money looking for deals in the hottest emerging region in the world, it makes sense. And if you can come in at a reasonable valuation or low valuation, it's generally a foregone conclusion. So regional focus, simplicity, ease of use, target demographic, and I think the most compelling right now is our valuation, or that can be. Now, I know you are also in the food delivery service. Can you explain what differentiates you from your main competitors, companies like Dash popping up all over the place right now? Everyone's getting food delivered because of the pandemic. So it's a good time to get into the space. What makes you guys different? Sure. Okay. So just to clarify, we are only operating that business in Jakarta, Indonesia right now. And the reason for that is we wanted to launch a pilot on something that's, it's different enough from the existing ones. But the net results are what's really interesting. So if you look at cities in Southeast Asia, Asia in general, I mean, we certainly have our traffic problems here in New York. And I'm sure that folks in Toronto and LA are quite familiar with that. But if you look at places like Jakarta, every time I've been there, it's taken me two to five hours to get from the airport to downtown. Crazy. That's 20 miles. Yeah, that's why. Yeah, I've sat in the car to go a mile for an hour. So wow. All right. So if you're going to order food, even, even though a scooter or motorcycle is faster, they're still in gridlock as well. So if you've got an hour for lunch, right? Do you want to wait 45 minutes for your, for your food? No. Usually no, right? No. But that is the average time there as well as other, other regions. And so we took a different approach and we thought, okay, what can we do different? And that is what's called geofencing, trying to stay away from these jargons. But what does that mean? Okay, geofence is basically a virtual fence around a specific area. So where you're broadcasting from right now, we could set up a geofence in your area that resides on your phone. So if you've got the app, it's going to tell us within 500 meters, which, which restaurants are in your area. And we have people on foot, not motorcycles or scooters in your area that will go pick up your lunch and drop it off at your building. The average time there is 14 minutes, not 45. That's a third of the time. So that's, okay, that's time saving. All right. And for you as a consumer, that makes all the difference. You actually get your meal and it's hot, and you got it in 15 minutes instead of 45. So why did we do that?  So we've got 150,000 individuals who buy their lunches from us on an app. We bring them at malls. And all this is leading towards the ability for people to say, okay, I've got something on my phone. So they may have the eWallet, they may have the food delivery app, but you get both with the download. So you can use either. And then as we roll in microfinance, you can use that too, or you can use all three. So just building up a compelling platform that people say, okay, wow, I'll use these things, or I may only need one because I already use one of the other competitors and that's fine. So I think it's great. I mean, I got so many apps on my phone. So if I could have one app that does multiple functions, it makes all the difference because I don't want to go in one app, get out of the app, go into the next app, order the next thing. So I think it's a really good idea, very smart. Now Logic has clients that range from thousands of SMBs around the world to some notable publicly traded Fortune 1000 companies. Can you tell us about some of your major clients and how those relationships were formed? Sure, sure. So the ones that are publicly traded and in our presentation have actually given us permission to use their name. So there's a few others that we'll be talking about soon that I think I'm pretty sure that most of your viewers and certainly people who we talk to regularly are going to recognize these names because their commercials are on the radio and TV all the time. But they have a specific need much like what we were describing earlier for the whole ad tech thing where they're having to compete with the Amazons of the world. I mean, if you've got a market cap of called a billion dollars in your ad budget or your lead generation budget is a million dollars a month, you still have to compete against the guys that are 10 and 100 times your size. And so you want to find ways to effectively do that. So when we've had the opportunity to compete for business on a side by side basis against existing platforms, that's basically how we've won this business. That is historically in our lead generation business, which was the first acquisition we did last year, a company based in Minneapolis. So we do have other Fortune 1000 companies that use the platform. They don't like to trumpet that they use that platform because the competitive advantage that they have through that is something that they don't want their direct competitors to know they're using. But I suppose if you're doing enough research or corporate intelligence, you can figure it out. But I would say that the customer acquisition we've had of names that are familiar or publicly traded and carry reasonable size market caps has been a combination of the attention they get from us, the tool sets in the access to tech that they would not normally be able to get, and then the evolution of other things that matter to them that we show to them, not for the purpose of upselling, but for the purpose of them being able to better compete. Because if you've got someone that gains a competitive edge is selling more because of the things you provide them, they're absolutely going to be returned customers, and therefore you're upselling them anyway. And so from a shareholder perspective, you start to see these bigger names start to come in, you see them announced, and you realize that, wow, this little company that very few people had heard of is now becoming something that more people are hearing of. And that's usually quite a good time to get in. Yeah, I mean, that's how you build a winner. And we love to understand the fundamentals. So where do you see logic in the next several months? And are there any upcoming endeavors that investors should keep their eyes peeled for? I also want to ask you about your share structure because here at Rich TV Live, we love to understand the share structure. We love tight float stocks. That's like one of the keys to our success. We run when we see companies with billions of shares, especially small cap companies, because that typically doesn't end well. So can you talk a little bit about what you guys have in store for the next coming months for the rest of this year and beyond, and touch base a little bit about the share structure, and maybe how many shares are held by some of the people like yourself or the insiders and how you plan to attract more institutional and retail investment. So okay, one thing that's notable this year over last year, although our revenues this year compared to 2020 look flat, that's on purpose. So what did we do during COVID? We got really aggressive about taking a look at the existing business when this was in the early Q2 of last year. We said, all right, what can we do better to grow the business? And the first thing that we noticed is our gross margins were in the low teams. You can obviously grow that, but we needed to be able to grow that and sustain that, and that's not as simple as just making a decision. You have to restructure a lot. You have to do a tremendous amount of rolling up the sleeves. And in that itself is there, it comes with a risk because you're essentially talking about cutting out business that represents lower margin or layering on considerably higher margin business through revenue growth, which is expensive. So during COVID, we didn't really have a choice. So we restructured the business. We looked at that V shape, right? So we went through that. So yes, our revenues came down during COVID. But if you look at the gross margins last year at this time, they were at 13.1%. Now they're nearly 30%. Wow, more than doubled. More than double. So I'm saying, well, you guys flat line your revenues. Yeah, we made the V, but that's the equivalent of doubling the revenues. That's right. But if you double the revenues, it's like, what comes next? And then when do you address margins? We address the margins first. We're starting to see that sequential growth come back. And what are we telling investors to look at next? The continuation of gross margin improvement from existing business and the whole ad tech platform that we literally just rolled out last month, and we've already onboarded 12 medium-sized ad agencies. This is that whole trade desk, little thing, right? So we've onboarded 12 customers in one month. The month before, we integrated the platforms. So in two months, we've done a tremendous amount. But those gross margins on that business are 60% to 70% rich. So yeah, so that is exciting. That's the stuff that Tom and the newer team were brought in to evolve. And so not only is the existing business increasing in gross margins by over double, but going forward, we have the opportunity to have a blended margin that looks like the job. So I would say to investors, pay attention to that. Pay attention to new customer wins. Pay attention to updates on the pilots that are launching on initiatives that we set out in the middle of COVID that are starting to come to fruition. And then also pay attention to the fact that we just IPO'd in Canada. And what we have historically said is after that happens, we intend to uplist the OTC shares to a senior exchange here in the States. NASDAQ. So technology company on the NASDAQ, it just makes sense, right? Yeah, it does. And so yeah, I think that all of these things put together could bring us in line without being undervalued. How about your share structure? It's very important to us to understand the share structure from a quick look. It looked like you guys have a very, very tight share structure. Can you talk about it? We do. Yes. So people look at shares authorized. When I took over the public vehicle that is obviously now logic, it actually had 10 billion shares authorized. So I changed that to 250 million, which is, I think, reasonable. I think most smaller companies have those shares authorized. But that doesn't mean by any stretch that you're going to use that. We have it. We currently have 22 million shares issued and outstanding. I love that. Yeah, we've got 12 million in the float. Great. Okay, so we've got a small float. Management and affiliates own about 16% of the outstanding. Okay, very good. So yeah, we've got something. Now finally, how can investors get in touch with you? We're going to have investors from all over the world seeing this interview, seeing this video. We love to identify companies. And it was funny because before we did this interview, one of our members was like, what's the next company that's going to uplift? And I was like, well, I might be interviewing them. So for those investors that are interested, how do they get in touch with you? Sure. So we use an IR firm. We use two IR firms since we're dual listed. In Canada, we use hybrid. And in the US, we use CMA on our press releases. And I'll certainly provide this to you. It has the email of CMA. And then I can send you the IR email for Hi, everyone. But we've got a very comprehensive IR program. So as long as someone is on the email list, they get regular updates. And we update the website all the time. We do conference calls. We do a lot of outreach, which is actually going to step up very soon as well. And I really appreciate being on your show because I think that this will absolutely be instrumental in getting the word out to people who are looking for companies that are compelling and are interested in building charitable growth and have the profile of something where it's not here today, go on tomorrow, but you're in for much bigger and better things. So yeah. Fantastic. Well, thank you for your time today. Very excited about watching you guys grow the president and executive chairman Brent, son of logic. And guys, remember, if you like these videos, please smash the like button, comment down below, share the video everywhere and subscribe. Remember, Rich TV Live is strictly for information education purposes. Please do your due diligence, do your research, consult a financial advisor before you make an investment in anything that we talk about or discuss here in Rich TV Live. In saying that, very impressed with the company, Brent, I think there's incredible potential for this industry that you're in. And it seems like you guys have multiple arms in the sector getting involved in so many different places specifically in the Asia Pacific region. I think that that's a very fast growing region that you guys are targeting. And I think it's going to be very exciting to see you guys grow. And hopefully you guys can uplift soon and our community can benefit from that. So thank you for your time today, Brent. Thanks a lot, Rich. And thanks to everyone watching. Always a pleasure. Like I told you guys, if you're not winning, you're not watching, we bring you the winners and we bring them to you first. This is Rich from Rich TV Live with Brent's son, the president and executive chairman of Logic saying, have a nice day. We'll talk to you soon.


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They don't actually subscribe to our channel. Actually, I do! This is your day. It's I'm Corbin and this is Lexis and this is Ashley. Are you sure? And this is Rick. Wow, Seagulls. Zectup! I'm not used to it.  I'm not used to this thing so long. So many people here. Corbin, hey, how you doing? Good, I know, yeah, yeah. Please follow us on Instagram! Juicy Compton! It's so juicy. I like it when I don't have to edit it. My hair is going everywhere. You don't have to fix that. But today we reacted to a trailer that's been requested for a long time. One of the most requested South Indian trailers. South India, you're in for a treat. Thanks to our guy over on Patreon. Pay us! Everybody give him a like down in the comment section below. If he's there, I don't know. But no idea what it's about. But I guarantee it's going to be funky. It's going to be different. It's going to be masala. It's going to be a mix of all kinds of stuff. I love the South Indian trailers and I hope this lives up to the representation. Here we go. That was glorious. I can't say I'm not interested. That's your first South Indian trailer, isn't it? Yep. It goes from horror to rom-com to musical back to murder mystery to horror to adventure. I think this is definitely considered a blend. To comedy. Oh, they, masala. It's a blend. I learned that from them.  I'm going to be honest with you. That was probably my favorite South Indian trailer. It's right up there, man. Because it was knowing South India now. I know they can make it work. I don't know how they're going to make a fly. But we got to watch. Was it like Honey I Shrunk the Kids? Right. I've only watched Bakubali and KGF. We haven't really watched some of these smaller South Indian truly masala-ish kind of clicks. Yeah, this was kind of like the eye trailer. Yeah. Which was again, another really good strange one. Just for a moment. Dun dun dun dun. Oh, yeah. I'm just... The eye thing at the end? Yeah. You can't... That's a little freaky. Your wife would like that. The needle at the eyeball? Yeah, you can't say that. Stephanie would love that. Yeah. You can't say that South India is not original. That's right. And willing to go outside the box. Yeah. Very much so. Is it good or did you just want to react to the trailer? Because the trailer was interesting. If the movie... If the movie's like that, I am in. Yeah. Because that would be quite interesting. We'd be really down to watch that. Because it's so weird. It is so weird. Something weird not used to. I'm going to be laying in bed tonight. And just burst out laughing. I'm going to burst out laughing because as I'm falling asleep, I'm going to see that flying. Dun dun dun dun. Yeah. I did like the kind of techno music. Yes. And then I... Whoever the villain was, when you just started laughing... Oh, lovely. That was cool. I enjoyed that. I enjoy that type of character. Yeah. So yeah, please let us know if it's good. You guys need to see the trailer. Well, I'll show that to you. Yeah, yeah. It's off the chart. All right, all right.


Tlo what's poppin? We are on twitch. We are not live particularly like comment subscribe turn on your post notification bells Man, let's continue to grow the family from Chicago to the UK This is been parsed Pearson's Pearson Pearson The pursuit that hunts me Retired police intercepted man. Don't forget. We are partner with the blueprint mastermind the link to this is down in the description This is the latest episode of the roundtable discussions, you know Don't forget if you're looking for any of my old stuff that made the channel is what it is today Just you know on Facebook take a look at it. All of it will be back next month. So And I'll forget we are on patreon. This is a list of everything that's on patreon. This is England as well and One more starting soon as well and we do got the discord Don't forget about the discord That's down in the link below too. Let's get into this About 2012 we worked out of Tololane police station at Toppin. Here we go. Just in case So I see you put a little warning me too in Bradford He worked out of Tololane police station at Toppin in Bradford Great place to work. It's well.  It was like shooting fish in a barrel. You Couldn't get more than 50 meters without either it's in a ticket dropping on a crime dropping on a criminal or Pursuing a car it was just rife everywhere you went it were rife. They used to drive past Station trying to mock us and go to dinner doing things And at that time the essence has been a traffic cop or brilliant They were it's like at the time you were giving money at that time you're giving vehicles So we're all driving on in Vectra's VXR. So there were 2.8 twin-turbo Vectra's Dwarf rocket machines on wheels. So over quick cars And the team that worked with team to Bradford were fantastic and it had all these lads that were massively like pursuit specialists You some team you might have three lads on it and that and some that are good at RTCs and some I got all this team that we had were Brilliant at pursuing cars. You you you away with the best of the best at the time And I remember a job coming out and I paid no attention to this job at all when it first came out and it were Facts of there were someone going out doing Carjackings and doing robberies and it one of those things where Does it fall in my remit? No, it's a career cause on the CID We're not there to deal with that. We're there to deal with the the pursuits the RTCs so on and so forth it got to a point when the Suspect was known to be driving in a Subaru Shout out to the first responders. I forgot to mention y'all man Y'all keep it pushing every time man. Love y'all man. Appreciate the likes y'all even in the Premiers and if you haven't checked out the vlog I did Yesterday with my baby mama. It's up there somewhere The suspect was known to be driving in a Subaru and Then go in the traffic cops and I remember on radio There were traffic called Warren and it's seen the Subaru up by hospital in Bradford and The Subaru which is literally soon as you saw it in captives and it's Subaru made off And there were no way you could go near it or get near it because the the way it was driven were just Too dangerous. There were things that you probably looking 80 90 mile an hour through the middle of traffic when kids leaving school Wrong side of road where you just won't be able to see it And you went off-road and did everything you could to try and get away from these Bobbies This lad who was being pursued at the time was And I'm extra professional that's like level Boxer I think about 2021 people stocky were built and he wasn't someone to be mess with Lila if that makes sense He would he will go to this and he wanted to See how would he want basically that's that's what we're about and anyone that drives a Subaru thinks you can drive fast Just in a straight line But you've got to realize that there's a certain point on that car says it's all about me now It's not about the driver and it's all about what I am gonna do and if I'm Don't like it if I'm not gonna be happy on this road. I'm gonna tell you and This car made off from two beatbobbies About three hours before and it were in the area when you were in the area this ladder the crimes I've been doing have been pulling women out the cars and Literally attacking them taking the cars robbing them of the bags. You were violent beyond belief This slag was what we will say were massively dangerous Or I'm patrolling Bradford and it were about three morning and Ben is a great teller of stories Watching I Thought I'm gonna stay up for a little bit longer Just to see what's out about and I knew the lads at the time a dollar just gone in I think it'd been a busy day I'm sure that we had a potential fatal before I'm and had swept up from that and be dealing with that and then I went back to Nick So I think I were only one out and about and I decided to go back to her But go down Manning Blaine turn right palm stress and turn right Westgate and go back to Nick that way nothing on radio silence Warm night at the time And it was just that feeling in the air that Sometimes when you're going to something or you're dealing with something sometimes is tangible feeling Yeah, I know it sounds stupid So when you go to a football match or a concert and you can feel the buzz outside the stadium before you go in You know something's gonna be going on everyone's on this sort of level you could feel it in there And we're driving up to the junction of Hamstrasse and Westgate And I just pulled up in car and just as I come to a stop in traffic car. I could just The sound of the Subaru that's coming towards the junction And it just edged from edge of a building it just came you saw its nose Coming out and then as soon as it got into my view the driver had a visor down See you couldn't see his face, but I could see from bottom half his face Asian like about 20 years old It's all looking at car Was it 30 30 drivers 30 Sometimes because you're a bit tired, I could see it on my plate But it won't register in my head and then I could see him look down And he as soon as you look down his eyes got me and focused on me my eyes focused on him and switch went instantly And I thought fucking hell it's him. It's it's that car.  I look in his car. He could see what I mean if I think if you thought Could outrun this lad what's gonna be going on and I started revving Can I get revs up a little bit for cause I know it's gonna go on he's gonna go I actually thought he was gonna just go straight on through the junction because he'd have got a better run up Then and he'd been off but he didn't he anchored left and he just floored it He's went but more and he were off and he turned left down Westgate Instantly my heart sank because I knew we're on for a pursuit.  You don't get red mist. It's like you've just Plateau in your car. It all so it switches on all at once Um In its second gear lights go on straight onto comms I can't remember what x-ray Romeo 5 to urgent vehicle fail and stop. It's the vehicle used in the robbery Everyone knew about it comms knew about it f something new about it And I think by that time everyone's bailing out at nick and they're all obviously wanting to get on this pursuit gets that stopped By time I set off down hamstrasse The car itself the power of the car the back end sank down The engine revs so hard and I shot down hamstrasse with him and I locked on There were no way we're getting away. We're just the basics here, bro We were well, you're an impressive, but it was just a basic, you know I mean nothing pumped up about it and I got locked on as we swung left on the manning them lane I overshot a little bit, but I overshot to keep it wide So when I come out of the junction, I'm in the line of traffic coming the opposite way So they can see my lights because what you want to do if you're pursuing a car at that time You either revelers about There might be some members of the public there might be some people just out going to career hours is that still up in that time So anyone that's coming the other way any taxes you want them to see that you're coming towards them With lights flashing you don't want to be blending in behind the car Um You have no thought for anybody else If I knew at that point now What we're gonna do I'd have probably just not done it. I did just I'm making this quick video because it has been one month since joining the cash flow Has it now I'd probably just not done it. I did just probably bought it You can't see in future. You can't see what's what's going to be there And I remember just going through gears at VXI and just watching revs go up gear third gear And I thought right do a go fourth get a looked on fourth gear And then I looked at my speedo and I'm going past My straws and center of bad for what used to be my straws and my over 120 mile an hour This is 30 mile an hour limit roads are designed to be driven on at that speed. There's so many It's different on more way It's different on big roads. There's so many little undulations. Your car's getting thrown left and right in road You're losing your front wheel. It comes up a little bit.  What's your plan? I'm I'm going to do this.  I'm going to get in boxing Um, you can't say I'm just going to drive until it crashes. It just doesn't work like that um Some shooting through Bradford I can see The I wonder if you mentally know that though like man, we gonna have to drive until it broke until bro Hit something and stop himself You gotta know that sometimes like this dude not stopping. He ultra aggressive. He probably off You know, I'm saying testosterone or something Truffle lights hit queen's road And the gutt red no cows there the gutt red But this is a this is a route that taxi drivers use all time. This is route that trucks Use all time ambulances. It's it's it's a busy room As I look down I'm increasing 120 and he's pulling away from me in the Subaru um at that point That's Subaru has I know what's happening. It's gonna end in tears. It's gonna end One way is this and it's gonna end with him dying on me dying It then swaps his car and all the next to the posing carriage where Heading into water come around the corner at that point if you look at the road If you know the road, you can't have a visual line You're driving blind and you're gonna drive it into the airbags by the wrong side.  I'm done I've pulled I've pulled the switch. He's he's done. It's all the way the the pursuit is gone Um, but because I've driven him to that that level Even if I pull a bar until he's gone out of my sight and he's safe. I'm still fully responsible for what goes on when When I see the gravel of the car I can see It lean gently to one side And then it comes up and it just goes gently to the other side and all this is in slow motion for me I don't know how it feels for a driver. It's in slow motion for me I know at that time that that driver is already lost control of the car What I'm seeing is the back end of the car and even inside must be panicking left right left right And basically when he's gone to the opposing side of the carriageway with so much weight On the the back end of the car the other side of the car and he's going through Basically the car's got so long one side. It's come upon its suspension. It's gone to the other side and it's fish tailing now And it's that point. I just think He's dead. He's dead straight away. He hasn't even hit anything but he's gone in tears The car Car for a wicks Spinners in road Just goes all the way around And keeps going And it's just an almighty smash of dust. You just don't see anything But a dust ball But when you're looking at you can you can hear even through the glass of Your car with the windows shut at over an hour. You can hear all the metal bending and cracking Um I incidentally shout crash crash crash, but i'm 200 meters away if not longer And i'm having to break hard on my car for it to come to a stop because the amount of force i'm generating in the car as I Come up to this What kind of car did he say he was driving? Something real fast twin turbo like right? Seeing The back of his car is Folded up So if you're sat in the car You're being simply looking at the the bonnet. He's folded up It's backwards into a wall up and through a bush shelter So it's tangled up into this mess and it's completely nearly ripped apart. It's just demolished And I thought he's dead He's he's dead and as i'm looking to the side of the wall I can see a body laid on grass And I thought he's been he's been ejected from this vehicle Soon as the cars come to a full rest I can see him climbing out with the driver's seat of the car And he climbs over this Audio or torso that's laid on the grass. He literally climbs over him And then he starts to run And i'm just thinking well someone's being ejected from the car and the driver's out or the passenger's out My job is then is to detain that person I know the person on the grass can't go anywhere because he's laying there still I stopped the car. I opened the door And i'm giving comms on my radio and i'm chasing instead of my foot We're running through the the woods of Lister Park And because it's dark and I can see the the lights over in the car and I can see silhouette And I can hear him panting as he's breathing but by that time my adrenaline is now flushing it's I'm I'm I'm basically starting to go deaf because the amount of adrenaline pumping through my body And I can see him but I'm running with all this kit on like I said, I've got I've got combat boots And I've got big heavy combat pants on I've got me vest on my tack vest. I've got all my equipment I've got everything else all on me And um, he just he just leaves me just he just goes I just kept there's nowhere I can catch him Uh, I'm completely and utterly out of breath and I'm ruined um When when I turn back around I can just see a load of heads uddling around this torso on floor Um And I've got so I get back as quickly as I can And when I do is the slab they don't floor And it's his only young lad so about 19 um And from knees down He's literally one legs Decentigrated and other legs completely not to be gloved all the skin is removed from the leg It's all pulled down towards the ankle. You can just see bone and like fillet steak Meat if that makes sense, but it's like a purpley meat because it's still active with blood Blood spilling everywhere and the first person that were there to give first aid when my partner now Which ironically she didn't know me that were driving and I didn't know where I can remember this lad screaming She's saying help me help me We each know that initially thought well one of suspects from car um I uh I spoke to the supervisors that come now when They were trying to do the first aid on this lad and first thing you have to do is call it potential fatal He's he's got no legs. He's he's gonna be dying As soon as call it his potential fatal the the duties of the police Are to remove the driver of the the pursuing car, which is me So I don't deal with anything then I'm literally trekkers a suspect A good suspect if that makes sense, but I'm literally trekkers the suspect I'm running a car and move from the scene and go back and then investigation takes place Turns out that this lad is a 19-year-old Rebbler who has been out for a few drinks with his friend and he's just decided to sit on the wall With his legs dangling over the edge of the wall Just at the same time he must sit down and he must be there five to ten seconds And at the same time the Subaru comes into view backwards Come straight past him takes his legs off and ends up in the bush on the outside of him This lad's done nothing wrong He's he's just a completely innocent pipe if it wasn't for me pursuing that car wasn't for me going And wanting to catch that fender and I've got a way up how much how much I want to catch somebody Yeah Imagine going to go watch your favorite team stepping out the bar real quick. Let me get a fresh air Sitting on the dingle in your legs and looking down and them are gone. That's crazy This is how the stuff that just make you want to stay inside. Honestly, like I don't even want to do nothing You never know how much we need to protect the members of the public What would you feel if it were your family member that had added your car still and had been Beat up mugged and you knew I would behind them in the car. What would you want me to do? How would you want me to do that? Would you want me to carry on with the pursuit? What happens if you were this young lad's mother or father or brother or sister or cousin? Do you want me to abort the pursuit? Where's that fine line? Now, I think I aborted at right time But if I could go back I'd probably aborted before he got to trough lights Would it have stopped the crash? I don't know. Would his speed have been it? Would it have been it? I don't know You've got to understand the amount of pressure that you're under at the time as a driver To deal with stuff the right way. Do you comms right way?  Well all pursuits are going to be dangerous There's no way about it. You can't pursue a car and not be dangerous But this lad that's lying on the floor didn't deserve to be injured. I was injured I had then, I can't tell you how long but I think it was months I had months in my head of worrying, constant worrying This lad was taken straight from the scene to emergency surgery And I had every day I was coming straight into office Waiting for a phone call, he's dead Then the Bay would be investigating me for dangerous driving, death by dangerous Am I going to prison? This is what's going to be on my career ends Month after month I kind of knew that they had to go through that when they're pursuing somebody And they pursue too much And that's why they be having a layoff like that That's why in Chicago they don't, you can't pursue a motorcycle I don't know if the rule has changed but You're not allowed to pursue a motorcycle on the e-way You got to just let them go I don't think you're allowed to pursue them at all But I know that's one of the reasons but I know it was that deep Like, hey, you go to jail for doing your job I guess when you get overzealous and you want to be a try hard That's how you keep people in check like that Like, okay, I get it And it just, it burned It just got too much weight on my shoulders at the time And I remember going to see an officer who was dealing with the collision at time And I remember her in tears, all crying And I said I need to see this lad I need to see him, I need to beg for forgiveness He contacted the lads mum And the lad agreed to see me, so went to his house And I was, I don't think I've ever been as nervous I don't think I've ever been as scared and as resentful of something in my life Went in through the door And I think he'd been having a cigarette at the back And he came in and he was walking but I can't remember if he had a prosthetic leg on I can't remember, but I just remember he was a mess Physically a mess But his attitude was just brilliant His confidence was brilliant His forgiveness, he just, he said it wasn't my fault, he shook my hand He says he's got nothing to worry about, he doesn't blame the police He's zest for life Well, ten times what my zest for life was It wasn't stopping him, he wasn't held back by anything And you could see by his attitude and the way he was dealing with it He was just pushing forward all the time And he won't want to let something like this set him back The lad that we dealt with for the crime got sentenced to a long time in prison And he went guilty and got sentenced for a long time And in my head, I've always trep The lad who was hurt is part of my police career And what I've altered, and what I've altered in someone's life And I carry that all the time It hurts me to know that this lad Has been physically physically hurt by me coming on duty that night If I had a run in sick, it'd be normal, it'd be all sorted out Or even if you would have just clocked out when you were supposed to clock out And go your regular route I'm just saying, because from what I heard And it were only when I wrote my book I put a chapter in my book about this incident On this lad Now, this lad is local to where we patrol And he got back to his family that we'd wrote the book And the book was obviously doing the rounds, so to speak And doing our care It's then I received a message on Twitter from his mum Outlining the fact that he's doing really well with his life He's studied at university for his degree He's now a father of a thinker, five-year-old child He's still got the same zest for life and his life's moving on brilliantly His family who, again, don't hold any resentment towards the police They've forgiven me for everything that's happened And they said I shouldn't carry this weight on my shoulders, but You still do, you can't alternate who you are and what you do But there's not one minute of the day goes by where I don't think about him And that's quite, I won't say that's satisfying on my part But it's, again, it's some of that hauncher So if you think about how a police brain works You see something and you put it in a little black box Some are really bad So it goes in your little black box and your elevator takes it down to your basement And it puts it on your shelf where it shouldn't go And then you think it's locked up again And then your keys get put in another lock and then you don't bother it And eventually your black box is full up on this shelf So you've got a black box, you've got a bunch of black boxes and a bag And it gets so full that your shelf starts to overload and starts to So being able to talk to about it releases it out of that box sometimes Then when I got the message from the parent I was really It was sort of like it would dealt with, you know, I was happy it would dealt with So it came out of that box I don't want to cause anyone any more misery or pain But yeah, I think about you all the time I think about him all the time I think about the crash all the time I can still hear the metal bending I can still hear the glass popping You're a good person, you go out to do a good job You go out to be a member of the society where people can say If you're struggling, if you're in danger, go to the police Not if you're in danger, don't go to police because you're going to get hurt I wish a lot of the officers had the same outlook on that job as you Because that intimidation and especially in Chicago, oh, they go out And they go out and I feel like this is just my opinion They go out like, hey, they better fear me Like that's better to be feared and loved when you're a police officer That's how I feel like in Chicago, they want you to fear I'm glad he's doing all right And I'm glad he's forgiving me but Some of them, not all They're the sort of like jobs that you've got to But where they're the jobs you've got to make that decision make And that's also in my personal opinion, my personal run-ins In a split second And where you're on a split second That's going to ruin someone's life forever So, would I go back and do it differently? I don't know, I probably would I'd probably have barks in the society Well, yeah