Hi everyone and welcome to another issue of the People's Health Dispatch. Today we are here to discuss something that happened at the beginning of March when an alleged text of a compromise of the trip's waiver was leaked to the media. And this text was presented as the result of the consultation among a small group of members of the WTO of the World Trade Organization, namely those where the EU, the US, India and South Africa. But although the document was leaked to the media, it remains unclear how many of these four actually agree with the document and whether it's only the EU that stands behind this version of the waiver. And notably both India and South Africa have remained quite silent on it, so this is important because we know that India and South Africa have been among the main drivers of a trip's waiver at the WTO from October 2020. And so also important to note that since this compromise document was leaked, so both social justice and rights to health movements have raised their voice against it. They have criticized it heavily because they say that it's not nearly enough to ensure the equitable access to COVID-19 products that we need and that we especially need to see in the global south in order to mitigate somehow the negative effects that the pandemic is having there. Instead, the people's movements are insisting on a return to the original trip's waiver proposal which was tabled by India and South Africa a year and a half ago and which today is supported overwhelmingly by most WTO member states at the organization. And so for this issue, we are joined here by Gopakumar from the Third World Network and we're going to discuss in what context this leaked document appeared and what are the chances that it goes through and of course what we can expect if it does. So Gopah, thank you so much for joining us today and welcome to the People's Health Dispatch. Could you tell us a bit more about the political context in which this leaked document appeared? So what do we know about the group that worked on it? What do we know of the pressures that shaped the document to look like this and so on? As you told, it was an unprecedented mobilization around this proposal to have a temporary suspension of the obligation to facilitate availability and accessibility of various COVID-19 health products which is required to effectively respond to the pandemic. However, there was no much forward movement on this issue nearly one and a half years of deliberations or discussions happened within the trip's council. However, it became very clear that towards November, without a solution to this issue or without addressing the trip's waiver request, there would not be much headway on other issues which are currently under negotiations in WTO. And it has also become a moral issue on another time of a pandemic which is happening once in 100 years. WTO as an organization has to respond to this pandemic to effectively enable countries to respond to the pandemic. However, there are a few countries which have heavy commercial interest in the pharmaceutical sector are blocking the progress towards the arriving at a consensus. So EU is in the forefront of among those groups which are vehemently opposed to the waiver proposal. So in December, when Omicron appeared and then the WTO minister had to be postponed, then the WTO secretaryate took an initiative to bring India, South Africa, EU and the US together to find a solution to the trip's waiver request. I think what I heard is that though there was some informal consultations or informal meetings were going on, but from December onwards it became very intense and hectic. I think these meetings happened in a very confidential way. There were many rounds of meetings among these four countries and now we know that these discussions or these negotiations led to some compromise, but we do not know that compromise is agreed by all all those parties who engaged in that process, but we definitely know that EU has circulated a document among its member states which contains a decision that this draft decision text and that draft decision text is leaked now it's in the public domain, but at the same time the USTR issued a statement that of course there was a process and that process led to a compromise, but that statement clearly said that there is no agreement reached on the content of the text. Thanks so much. Thanks so much for the good contextualization and now I just wanted to ask a bit more about something that you mentioned. So basically you said that you know this league document really reflects the EU position that we have seen in the past months and it has also been criticized by the access to medicine movement by broader social justice movement and all these movements have said that it's not actually a waiver, so if this document is accepted by the WTO, can you explain a bit what's going to happen? So what part of intellectual property rights might be lifted which might not and why is this important? It is important to understand the rational behind the waiver proposal. The waiver proposal emanating from a shared understanding that the existing flexibilities in the troops agreement are not enough to address the COVID-19 situation primarily because of you need a range of products. That way at a global level there is a huge demand for that product so there is a shortage of supply of all these products so you need to scale up. It is not only the availability alone, it should be available at an affordable price then only you can effectively respond to the pandemic. From that understanding it shows that IP is the main important barrier and many of these medical products are protected with multiple forms of IP, say for example vaccine.  So therefore the existing flexibilities when we articulate in the context of public health the IP flexibility is what comes to in our mind is the patent not like trade secret or industrial design etc. So it is important we need to overcome any type of IP barriers which is on the way for the scale up of production. So from that understanding the troops waiver proposal was submitted and it's also important that the even the existing flexibilities like the compulsory licensing is not enough to address primarily because there were political pressures against the use of compulsory licenses and many times the compulsory license can be issued only when there is a patent is in place but many times what we have seen this in new products are concerned then there is no patent per se but there is a pending patent application. So many times countries are not in a position to use the compulsory licenses. The idea of a waiver is basically to suspend the intellectual property for a short period of time related to COVID health products. So there would be a freedom of operation without administrative or legal procedure requirements. The concerned companies or firms or when individual can produce these products or when government can produce these products. So this is the idea of behind waiver but what we are offered now as per the leak text is a compulsory licensing mechanism which is come up with a lot of conditions and some of these conditions are trips plus in the sense that that goes beyond the current obligations of countries under the trips agreement. The leak text proposes or make it mandatory for countries to list all the patents you know while issuing compulsory license. So many developing countries it is almost impossible to find out and it may take it may these conditions may delay the entire process. There is another trips plus mechanism or trips plus conditionalities attached in the leak text is that countries are prevented from re-export under article six of the trips agreement. Every country has the freedom to determine whether they allow parallel importation or not. Parallel importation means a patent product comes at it you know from one country to send it to another country or a place where the price is you know selling at a higher price so you can always send your cheaper product to another place without the permission of the patent holder provided that destination or the export destination should not there should not have been a patent that's all but now there is a condition preventing re-exportation. There is nothing in the trips agreement prevents re-exportation so this is a very very problematic situation what we what we wish to achieve is that much more flexibility what we are offered now is the limited flexibility is with more on-arrest conditions so that is unacceptable. Yes and I think that one of the issues that has been raised also publicly for the past weeks is that the current document the one that was published by the EU is very vaccine oriented and that is definitely going to be like an issue for places in the global south which have been left behind by the west by the global north during vaccine procurement so people have not been vaccinated in the global south their access to the vaccines remains extremely limited and increasingly of course they will need the treatments that are made available now they will need the diagnostics that that are available but this document doesn't seem to take that into consideration so it's a vaccine thing with some space for expanding it to treatment and to diagnostics at a later point but of course we cannot know if that's going to be if that's going to be considered after all or not so actually my next question was going to be about this a bit more so could you maybe reflect on how this EU document would reflect on low and middle income countries. I think it's important to note the limitation of the covid-19 vaccines currently available in market all these vaccines has a limitation which does not prevent the infection it's only reduces the severeness of the disease that means the vaccinated people all are not free from the infection so that basically underlines the importance of the availability and accessibility for the therapeutics and diagnostics. Now people even after vaccination and there are geographical locations of countries especially low and middle income countries which are lacking behind the vaccination rate primarily due to the lack of availability of vaccines there the risk of infection severe infections are more so you need treatment and there are therapeutics are coming into the market including the Pfizer's product which is very promising which can reduces the burden on health system you can be treated at home unlike the remdesphere which you require a hospitalization so this therefore the access to therapeutics is very critical in the context of developing countries and therapeutics which can be produced these medicines are small molecule which can be produced by many more developing countries I mean low and middle income countries too compared to the vaccine vaccine manufacturing capacities are concentrated in a very few countries but the ability to produce therapeutics there are many more countries therefore to access the freedom of operation to produce therapeutics and diagnostics are very important and it's also critical from a public perspective to address the COVID-19 challenges right but this leak text shows that it is limited to only vaccine but the last paragraph of the text shows that the same decision will be applicable in the case of therapeutics and diagnostics but the member state has to take a decision within the next six months so that basically means there may not be any decision to wave or whatever the not a waiver but this solution applicable to therapeutics and diagnostics but there is another underlying implication is that the same text will be applicable for therapeutics and diagnostics that would be disastrous because for one of the criteria to become an eligible country is 10 percent of the you know export criteria which is mentioned in the footnot so that means many countries who has the capability to produce generics and export to least developed countries or when many other low and middle income countries will be excluded from using the benefit of this decision and of course what I'm saying that using the benefit means I don't think there are any benefit which I explained to you the reason for that but even for the argument sake if we accept that there is some benefit even those countries who are benefiting that in a limited way from this may be excluded from using this option for instance India. India is now become an eligible country in the case of as per the leak text but the same criteria is applicable then they may not be and it's also important that currently the least developed countries are not mentioned so the any least developed countries who are complained to the TRIPS IP regime which has a TRIPS complaint intellectual property law then those countries may not be in a position to make use of the or to benefit out of this particular decision so that can seriously hamper the availability and accessibility of therapeutics and diagnostics in the developing world. Yes so basically also it's been referred to as a very anti-poor document so something that's you know that's really not taking into consideration any of the actual needs of low and middle income countries but on the other hand and this is maybe to give us a bit of perspective of what we can expect in the weeks and months to come this leak document is actually as you already said it's not a formal document it has not been accepted at the WTO. Can you tell us a bit more about what we should expect to see from the right to health movements in the in the near future what's still there to be done to stop this kind of document of passing through and whether you consider that it has actually any real chance of actually being endorsed by the WTO. As I told you earlier like the United States trade representative office and and WTO secretary issued statement that there are difference among members I mean reading between the lines it's very clear but both statement shows that there is no agreement on the text and we have we have not heard from India and South Africa yet and at the same time we are aware that there are many appeals coming from various part of the world requesting government of India and the South African government not to endorse this text. So I think the EU will along with the WTO secretary will exert pressure on India and South Africa to be part of this text and present it as a joint text by India, South Africa, US and EU and try to attempt to divide and rule basically 65 countries developing countries which includes India and South Africa are co-sponsoring this this waiver proposal. Now the attempt of the EU is to force India and South Africa to be part of this text and that's leaving the co-sponsorship and leaving that 65 member coalition and to reduce it into a 63 member coalition. So this would be the attempt they may make. I think therefore it is important for health groups and social movements to to expose this the EU strategy and use commercial interests over people's health and to appeal to all governments to especially the southern governments to not accept this text that includes India and South African government. So it is important that the developing country unity is maintained at the WTO on this issue and to reject EU's text and also tell secretariat not to when you as a negotiator of a process to procreate a deal or to to end and impasse, then the secretariat as an international organization should play a neutral role. It should not play a role to support a particular country and to be you know what we always say justice should not be done but it should be seen you know people should see that justice is done. So in this case WTO secretariat you know while engaging should maintain a level of transparency and should not side with any dominant member countries and and should not accept pressure on developing that is to accept this text also because the statement of the WTO DG also shows that oh this is a very very hard bargain and the compromise is reached and and this is the text and try to whitewash the whitewash the and very inequitable agreement which you know all of us international students know that you know many times the the powerful actors pushes an inequitable agreement and then once it is signed and when it is a classic example where it's pushed on developing countries and once it is signed then it became a legal text and then there is the whole moral obligation to obey the international regime which is highly inequitable. I think the the responsibility of the social movements and civil society organizations including people health movement at this moment is to convey and expose this inequity in reflected in the current leak text and appeal to our governments not to be part of this this deal. Thank you Gopa and of course we know that in the next few months we'll still be following what's going on with the trips waiver with the WTO meeting this summer in Geneva apparently and also with some high strain times for the European Union these days so it's definitely going to be interesting to see what happens. So thanks Gopa for joining us here. We hope to host you again at some point with better news maybe. Thanks also to everyone who tuned in for this issue of the people's health dispatch. We'll be back in two weeks and of course you can always subscribe to the newsletter to the telegram channel if you want to receive the bulletin directly to our inbox.


Hey, this is Brett, and this 2023 Ford Escape ST-Line all-wheel drive is stock number 14470Z. I am here at Summit Automotive in Fond du Lac, Wisconsin, you're new and used SUV headquarters. This 2023 Ford Escape has the 1.5 liter turbocharged three-cylinder engine. It puts out 180 horsepower. It's paired up with the 8-speed automatic transmission. This vehicle has been fully safe to end inspected by our service shop as a fresh oil and filter change. All the fluids have been checked and topped off and this vehicle is 100% ready to go. Super clean all the way around. That's exactly what I'm going to do in this video. Go all the way around inside, start it up, take a look under the hood, show you all the options and give you the most accurate representation that I can of the vehicle. Oxford white is the color. I shoot all my videos in 4k. If you like the video, subscribe to the YouTube channel, click the bell notifications, get updates in the videos I do each and every day, and stay current on our vast and ever-changing inventory here at Summit Automotive. This one comes with the 18-inch carbonized gray alloy wheels, and it has Michelin Primacy AS tires. These are 22560R18s, and I would say that they have probably about 50 to 60% of the tread left on them. Front fender is absolutely perfect to get the ST line badge there. This one comes with the LED headlamps and LED running lights, and the front bumper is in fantastic condition. I didn't see any dents, dings, cracks, or scuffs on there. Looks really good. The hood is in fantastic condition as well. Didn't see any dents or dings on there, and the grille is in really nice condition as well. Coming around to the passenger side, the front fender, no dents or dings on there, and the passenger side front wheel is in really nice condition as well. No major scuffs or scrapes. As you go down this side of this 2023 Ford Escape ST line, take note of how clean the body is, how reflective and mirror-like that paint is. I take these HD videos, so if you're far away or even if you're close by, and you just cannot make the trip down, but you're still interested in purchasing the vehicle, you can see the vehicle, hear the vehicle, and have confidence in what you're looking at before you even get here. So when you do get here, there's absolutely no surprises, and you can make a smart and informed buying decision from wherever you're at. If this video helps you make that decision, let yourselves and men know that you saw the video. It was helpful and that brought sent you back wheels in excellent shape, and you do get four-wheel disc brakes on this vehicle. Back tires have just as much tread as the front tires, and coming around to the back you get the LED tail lamps back here as well. You get the chrome-tipped dual rear exhaust, rear bumpers in very nice condition, and the rear gate is in really nice shape as well. Didn't see any denser dings on there. This is a power raise gate. Goes up like so. Back storage area is very nice and clean. Those seats do fold down for extra storage. I'll show you that in just a little bit. You get a spare tire back here. This piece kind of sits like that. To get this gate down, you press this button right there, and that comes down very nicely. There are those LED tail lamps. They look good. Going down the driver's side just as clean as that passenger's side. No major denser dings on the rear quarter. And for full disclosure, this back wheel is just as nice as the rest. No scuffs or scrapes on there. You do get the capitalist fuel fill, which is a very nice feature. Never get gas on your hands again. And down the rest of this side of the vehicle, doors look really good. Didn't see any dents or dings on there. It does have blind spot monitoring. Has the intelligent access, so you just have to have the key fob in your hand. Put your hand in there and it'll automatically unlock the doors and everything. Take a quick look at the back seats. No rips or tears back here. It does have the latch child safety system for any child car seats you may have. These seats do fold down and you can see how flat they go. Pretty easy to get down, and they do have side curtain airbags as well. You can go back up like that. You get factory floor mats back here. You get two USB-C plugins back here as well. Child safety locks on the back doors and the inside and bottoms of the doors all look very nice and clean. This is a clean title history, clean car facts out of Indiana.  No rips or tears on those seats. You get a power driver seat with lumbar. Factory floor mats up here as well. Auto headlamps, tilt telescopic steering wheel, power windows, locks and mirrors, and you get the carbon fiber looking door trim. I don't think that's real carbon fiber, but looks like it. We'll hop inside, check out the miles, the radio, and everything that this one has to offer on the interior. You can see this one has 17,188 miles. You get the full digital instrument cluster on there that looks really good and the digital speedometer as well as the outside temperature and miles to empty. You get the flat bottom leather wrapped steering wheel, really a nice feature for a kind of an entry level trim package. Bluetooth and information center controls on the right, cruise controls, audio controls, and lane departure warning on the left. You get the sync eight inch touchscreen radio. This one has all your different sources on here, AM, FM, Sirius, and Bluetooth capabilities. You get your different apps on here, including Apple CarPlay and Android Auto. So while this one doesn't have the factory navigation system, project your cell phone up there, it's like you have nav on the screen. And then you get all your different apps there.  And yeah, down here are your more tactile volume tune and climate controls, including the dual climate controls, your heated seat buttons, your heated steering wheel button. So this is a heated steering wheel as well, really a nice, nice steering wheel for an ST. USB, USB-C. Here's your eight speed automatic transmission. Get your different settings here for snow or eco mode, maybe track mode as well. Here we go, normal eco sport and slippery modes. So you got all those. You get your keyless entry with remote start and power lift gate button. And the passenger side, floor mat and seat are in excellent condition as well. No rips or tears. This vehicle has never been smoked in, smells very clean. And the headliner is in really nice shape. You get map lights up there. And we'll start it up and take a look under the hood and check out all those LED lights in the front. Starts right up. No check engine lights or anything like that. I would personally like to thank you for checking out the video today. And hopefully from this HD video, you've been able to verify the quality, condition, options and of course, cleanliness of this vehicle all the way around. I think it's in great shape, really nicely optioned out. All those LED lights are very bright and working nicely. Under the hood, we have the 1.5 liter, three cylinder turbocharged engine, 180 horsepower engine base, very clean runs, very smooth. Once again, this vehicle has been fully safe and inspected by our service shop as a fresh oil and filter change. All the fluids have been checked and topped off and it is 100% ready to go. There is the emissions sticker. Of course, all the remaining factory bumper to bumper and powertrain warranty left on this vehicle and super clean all the way around. I would highly recommend it from a quality and condition standpoint. I'd ship this one anywhere, California, Texas, New York, Florida, back to Indiana, whoever's going to get this one's going to be very happy with it. And to see more pictures of this escape or one of our other 550 new and used cars, trucks, SUVs, minivans, Wranglers, do you name it? We got to go to the website right there, summitauto.com. Full pictures and descriptions of every single vehicle all at summitauto.com. And if you want to check out more HD videos, you can go to youtube.com slash summitauto. Click the bell notifications, get updates in the videos they do each and every day as well as having access to one of the largest catalogs of vehicle and SUV walkarounds on YouTube. Over 9,000 videos on there and stay current on our ever-changing and vast inventory of vehicles here at summitauto. In fact, in a second you will see a link to subscribe to my YouTube channel in the upper left. A link to all the escape videos I've ever done in the upper right. Link to this vehicle on our website in the lower left and a link to one of our latest YouTube videos in the lower right. Click those, check us out. We're super excited to help you with this ultra clean 2023 Ford Escape ST line all-wheel drive and Oxford white clear coat. Thank you so much for checking out the video. Remember to like, subscribe and share on the YouTube channel. I really appreciate it. Thanks again. Have a great day.


Well, COVID-19 just go away naturally as warmer weather approaches. We shouldn't count on it. Though the common cold coronaviruses follow a seasonal pattern, like the flu peaking every winter, there are other respiratory viral infections that peak in the spring or the summer. In fact, MERS coronavirus, the last deadly coronavirus to cause an epidemic, peaked in August in the sweltering heat and blistering sun of the Arabian Peninsula. The mechanisms underlying the seasonality of viral respiratory infections remains a subject of scientific debate. It's likely a combination of factors involving the virus itself, for example, viral viability at different temperatures and humidity, host immunity, such as vitamin D status and the drying of our airways, and host behavior, like the crowding of susceptible individuals indoors. However, the near-universal susceptibility to novel pandemic viruses may supersede these seasonal factors. All the recent flu pandemics emerged in the spring or summer months. Though secondary waves did tend to hit during the following winter, even if the contagiousness of the COVID-19 virus drops this summer in the Northern Hemisphere due to warmer wetter weather, it is not expected to make a large dent in the pandemic curve. What would stop the pandemic is herd immunity, having a critical portion of the populace immune to the virus. An infection can only burn through a population if there are enough susceptible individuals for the viral sparks to jump from one person to the next.  Ideally, this is accomplished through mass vaccination. Vaccines are a way to fight fire with fire, using the virus to fight the virus by generating the benefits of infection, immunity, without the risks, disease, and death. Unfortunately, even though we are now developing vaccines at pandemic speed, it's humbling to realize that the average vaccine takes over 10 years to create as a 94% chance of failure. Without a vaccine, herd immunity is only achieved the hard way through mass infection. The proportion of the population that needs to acquire immunity to stop a pandemic can be roughly estimated from the basic reproduction number I talked about before. The number of people a single infected individual tends to go on to infect. The basic equation is p-crit equals 1 minus 1 divided by r-naught, where r-naught is the basic reproduction number, and p-crit is what we're looking for. The minimum proportion of a population needed to be vaccinated or have recovered with subsequent immunity to smother an outbreak within that population. So if every COVID-19 case leads to two others becoming infected, then half of the population may need to be vaccinated or infected before the pandemic dies down. But if each person on average infects four others, then one would need closer to three-quarters of the population to be immune to stop it. This is an overly simplistic model, but offers a ballpark approximation. Based on r-naught estimates for the COVID-19 virus from large outbreaks in affected countries, the minimum population immunity required ranges from about 30% based on South Korea's r-naught estimate of 1.43 to more like 80% based on an early r-naught estimate from Spain that was closer to five. That's why it's so important to enact curve-flattening measures like social distancing to reduce the number of contacts and drive the basic reproduction number down as low as possible. You don't want to have to wait until 80% of the population is infected. Of course this is all working under the assumption that people who recover from COVID-19 acquire immunity to reinfection. It works in rhesus monkeys. Scientists rechallenged two recovered monkeys with the COVID-19 virus and were unable to successfully reinfect them. We don't yet have a definitive answer as to whether humans become immune after infection, but the fact that at least a small case series reported potential treatment benefit from convalescent plasma, the transfusion of blood products from a recovered patient, suggests the buildup of at least temporary immunity. We have three lines of defense against viral reinfection. Circulating antibodies that can neutralize the virus. Memory B cells that can create new antibodies upon re-exposure. Memory B cells are the reason people can remain immune from the chickenpox virus for 50 or more years, for example. And thirdly, memory T cells that can help hunt down virus-infected cells. The benefit of convalescent plasma derives from the antibodies, but a six-year follow-up study of patients recovered from SARS found that about 90% no longer had any detectable anti-SARS antibodies in their bloodstreams. But that's okay, because their memory B cells could just make more, right? Unfortunately, not a single SARS-specific memory B cell was found in any of the former SARS patients. So it's definitely not something like chickenpox. Now, about 60% were able to mount a memory T cell response, though it's not clear if that alone would be able to protect them from reinfection. Unlike HIV, which keeps parts of itself hidden to evade the immune system and establish a long-latent infection, the COVID-19 virus appears to take more of a smash-and-grab approach. It brazenly displays its array of spike proteins in a presumed attempt to better bind to its victim, but counts on jumping ship before immunity develops by quickly being coughed onto a new host. This bodes well for both the post-recovery acquisition of immunity and the prospects of vaccine development. A trait the COVID-19 virus does share with HIV, however, is its rapid mutation rate. One reason RNA viruses like HIV and coronaviruses and all flu viruses represent a higher pandemic threat than those that use DNA as their genetic material is that viral RNA replication can be sloppy. Every copying cycle can result in multitudes of mutants, most of which probably aren't even viable. But the flip side of this intrinsic inefficiency is that rare mutants may arise from this diverse population of variants that come exploding out of each infected cell that are either better adapted to the current host or tailored towards new ones. The high mutation rate of coronaviruses may help explain their proclivity to jump across species barriers in the first place. But the question we face now is what this new virus will do next. The genetic sequences of viral copies recovered from COVID-19 patients around the world have already diverged as much as 15% its different strains spread around the globe. Here's how rapidly the various COVID-19 strains have splayed out across the world in just a few short months. In the SARS epidemic, certain early mutants went on to dominate, which led to the supposition that genetic adaptation to humans was helping to drive the outbreak, but that remains to be substantiated. Though continued mutation of the COVID-19 virus doesn't yet offer insight into the direction of its evolution, we cannot rule out the possibility that the virus could transform to become even more transmissible or dangerous in the near future.


Gary, point in the end. Do you think we should have had more? I think we certainly came for more. I think first off in particular, we created some great chances and should have capitalised on that.  It's really frustrating to then go in 1-0 down. On the back of that as well. And then we huffed and puffed. They've not been beaten. I think they've been beaten once here in the last 14 games or something like that. With everything that's going off, I think the manager has done fantastic in the way that they run around for each other and the spirit that they've got. So we knew it would be difficult to break down and that proved the case. It was a wonderful free kick and a great header from Borny. That penalty came up against the runner-player and it was a soccer point for us. It started off the game well. The pitch is difficult but it's the same for both teams. Obviously they'll be more used to it than us. We had opportunities and we didn't capitalise on them but then the penalty came against the runner-player. Do you think when we got the equaliser we had momentum? You can't fault the effort for them the way they went about it. I thought today, in the last bit, it was just our decision-making in the final third. A big, big crown on the terrace as well. Brilliant support. We would have loved to have sent them away with the victory but at least we've given them something to cheer with the goal. A few interesting calls from the officials. Any thoughts on them?


I used to live in four different countries. I was really working hard and trying to save as much money as possible. The cost was very high for the first company. I think it was like almost 90 something, so almost 100 000 dirhams to set it up. Hey guys, welcome to OxyVlogs. First of all, I want to say thank you for watching my first episode with Dubai experts. And thank you for your support. I really appreciate that. And in this video, I'm going to interview a young entrepreneur who sold his first business in Dubai at 21. So let's get started. What did you do before you came to Dubai and why did you decide to come here? Okay, so that's actually very simple in my case. I played football professionally in several countries. And some things happened, some injuries, problems with the agents. It's a very long story. But then I've just cut and I've decided not to be in that industry, be in sports. And I always had, I think I have talent for marketing and for business in general. I have that feeling for entrepreneurship and that really drives me. I like it. It's really my passion. So I've just took a call and in 2013 I moved to Dubai and definitely it was a right choice. You know when you have inner feeling and it's a very strong one, I think you need to follow it. How did the Dubai journey start and what's been the biggest change? So it started December 2013, if I'm right. Before I came to Dubai, I already had a contract with Abercrombie and Fitch, which is a very big American brand. So I was working as a model. I was in, let's say in the beginning in the fashion industry, even though I didn't have an experience. But I'm never afraid of new things. I was working for them. I was freelancing on the side with a lot of agencies, doing a lot of modeling jobs. Plus as I have a sports background, I was doing personal trainings. Then for let's say about six months, one year, I was just doing that. I was really working hard and trying to save as much money as possible. And then because I saw the opportunity that I can set up a fitness company. So then it was a big demand for personal training services. And I saw an opportunity since the idea came, since I had enough money to start it with two of my friends who were my partners.  So it took me about six months, six good months to find out actually how to set up a company. Should you do a Dubai main land license? Should you do a free zone license? So it was a big mess in the beginning. If I'm doing that now, I would set it up probably in seven days, two weeks. But over then it was literally six months. So it was quite tough in the beginning.  What challenges did you face? So I think I was maybe a bit different than other people because I came extremely well prepared. I knew everything. I knew the prices of the apartments, of the food, the areas. I really came prepared because I knew what I want to do and what's the goal. I think that's really important. When you come here, some people are quite lost. I was not. Maybe it's because of my previous experience that I had with living abroad in different countries. For sure it's that because I was very young. I was 21 when I came. But still I knew what I wanted. So what I would say, definitely one of the challenges was just the high cost of everything. You need to find a way how to earn good money if you want to afford everything what you need in this city and have a nice life, have a nice apartment. You know, go out, invest in a business, invest in some idea. Meet new people because meeting people means you need to go to different events, public places, maybe a good gym, right? All these things cost. So this was my thing, how to overcome that. So you can build your network here that I'll build right now. And you want to build a good network, you know? So you want to move and go to nice places, places where people go to. And in Dubai that's expensive, as I said. So maybe I find that as a challenge.  A culture shock. Not by, let's say, Arab people and the Middle East itself. Because I lived in Qatar. My first culture shock was there. I was really shocked. Oh, so many things happened. It was really actually funny. So as I said, I came prepared. But the other maybe shock adjustment that I had to make is just being, you know, kind of politically correct with everyone. Because here I think we have, I read somewhere, I think there is 60 different nationalities in Dubai. So everyone is different, right? Like everyone has a different religion, beliefs, skin color. You know, you need to be, it's a very diverse situation and a place. So I would say that adjustment, it takes time, you know? Because it's not the same how you deal with, let's say, business, right? It's not the same how you deal maybe with Asian culture or European culture. The approach, the meetings, you know, things like that. I would say that was a little bit of a shock. But you get used to it. And I don't see it as a very bad thing. What do you like best about living in Dubai? What do I like the best? So I like this time of Dubai. So now when it's not too hot, obviously, I like that it's safe. I like that there are endless opportunities that you can earn money, do whatever you want to do.  So it's full of opportunities. This is what I like. This is what drives me in this city. What do you dislike about living in Dubai? Business-wise, I don't like, maybe if I can choose, but market is like it is. So market is very challenging. Why? Because it's really crazy. There is a lot of ups and downs. For example, 2013, 14, 15, 16 was amazing. Then 2018 was very bad, at least in the businesses I was at. Meaning the markets change, people change. The demographic of the people they go and they leave. So I think it's very challenging, let's say, to find a cost of like a lifetime value customer. Because here you have a customer for six months or one year, then they disappear. Literally they don't exist anymore. They change the country. So these things. What are you currently doing in Dubai? So I am a marketing director from one mobile app. But next to that I have my own agency. It's a digital marketing agency. And I have so basically a lot of clients from here and other parts of the world they outsource us. So agency is based in Serbia. How many businesses have you run in Dubai? So far this would be my third business. The first one was a fitness company. And I would say that was my first baby that I had with my partners. And that was, I would say, very successful because this company still exists. I think it's going well and I'm glad about it. I sold my shares of that company to my partners. So I've exited that business. I would say I started in the best moment and I exited in the best moment, in my opinion. Then I moved to a different business which is kind of related to fitness which is a meal prep company because whenever I was doing fitness I kind of, actually what I do always is I see where can I solve a problem for people. I think if you can solve something and you can charge for it is it a product or a service, I think that's the best thing. The second business was a meal prep company because I saw on the way that so many people suffer with food. First during the fitness industry itself but then I saw on a daily basis all industries, all people, all working people, it doesn't matter if it's retail or whatever it is everyone is eating so many junk food, a lot of fast foods, etc. And I just thought how can I make something affordable, something which is a monthly package where also people because they don't have time, everyone works here a lot, right? And a lot of things take your time, not just the work but coming to work, going from work, things like that. So I was like how can I make something that people don't need to spend a lot of time and effort and money to and this is where the idea came from. That was also especially in the beginning very successful. Then it's slowly so many people saw opportunities so many other entrepreneurship, my colleagues they saw an opportunity to set up the company actually. So literally when I started, maybe after a few months 20 more companies opened, imagine. So you know how I said before that the market is crazy? This is what I mean. Slowly maybe I was running a meal prep company for about two years then I've closed it down. I just didn't see a big opportunity in terms of scaling that business, I saw that I would be very limited and I've just decided to move on. And what was your next step? This is also related to my first two businesses because I was always doing the marketing part of my businesses. Whenever I had partners I was in charge of marketing. I just like to handle that and because marketing is so closely connected to sales as well. The way how you market yourself and then the way how you sell it and I think my skill of communicating, connecting and networking is high. So then I was thinking, OK, so if I was doing this successfully for myself for two times, why I wouldn't do it and provide the service to other people? And you know, especially in Serbia, the country itself now is outsourcing so many services because we have really good quality of people like the working force. So I've set up the agency, I have people over there. We have a really nice setup, we have a really nice office. I've decided to go ahead with it and it was pretty simple to set up that business because I have a good network of people, of potential clients. And you know, like in terms of ROI, it's very high because you just have a cost of your services and salaries and your license and you pay the tax and then everything else is the profit, right? So it was very easy. It was a win-win situation for me and I've decided to do it and it's working for now. So I'm happy. How do you find clients? OK, I mean several things, as I said. So I've been on the market for six years if we are talking only about Dubai. So there is a lot of word of mouth, a lot of networking. So I go to several events. I became a little bit lazy, I don't have the time for it but I should really kick off with that more because I have an opportunity and I think I should use it because they call me to so many summits and conferences, etc. Also I think definitely social media bringing value, putting up a good content, you know, good stuff that you work on. I think it's not just putting the content itself but I think that does one more thing. Doing a PR around your agency so people find out about you and also because the market is very saturated, there are so many people doing digital marketing now, right? So you kind of need to be different, right? So the way how you differentiate yourself is exactly that. Doing PR around you and investing in ads for yourself, for your own agency, visiting events as I said and then doing a good job for the clients that you have now so they recommend you. I mean that's the strongest point by far. What do you think about digital marketing in the UAE? It's a very interesting niche that is happening now, especially in Dubai and because it's such a big entrepreneurship hub and there is a lot of VC funds here. So it's, I would say, not pretty easy but quite easy or easier than Europe and US to raise the funds here, the money. So there's a lot of startups, a lot of apps. There's a lot of successful apps that we have here, Talabah, Zumaro, Uber Eats, I mean so many things. There's a lot of apps present here, Sook who was sold right to Amazon. There is so many success stories. Luxury closet comes to my mind, entertainer, massive. So when you see that, I'm always kind of trying to be different and see if there is so many people doing digital marketing, so many agencies and they're heading to same things. I'm always trying to find a niche that works. So I think, for example, that's a very interesting niche. Marketing for apps itself. It's a little bit of a different structure but I would say that's maybe something to go ahead with. Can you share your experience with setting up a company in Dubai? The first one was very tough, I would say. So it took me about six months to set it up because I didn't have the right information. So I used Google and I typed in how to open a company in Dubai and from that day it took me literally six months to set it up because I was going around and there was just a lot of unknown things. For example, should I do a Dubai mainland license which is issued in DED or should I do a free zone license? I didn't know what was I allowed to do. How can I provide the service? Am I 100% legal? So it was quite hard in the beginning. When you're starting something, when it's your first time, you're a little bit scared because you want to be obviously responsible and you want to set it up in the right way and tomorrow if you hire people you want to end then how the contracts work because the law is different in different free zones, different areas of Dubai. So this was the struggle that I faced and then the cost. The cost was very high for the first company. I think it was like almost 90-something, so almost 100,000 dirhams to set it up without visas and stuff. So I would say that's a very high cost because I didn't know. So I think I took even the stuff that I don't need, some activities, some licenses, insurance, third-party liability. I mean I can go so on, right? So I did so many things. If I can start from the beginning then I would definitely do just a free zone license and probably it could cost me 36,000 and that's one third of it. So if you calculate, I would have more money let's say for marketing or something like that. So for someone who is starting a company I would say just check all of your options or go to someone who did it, someone who can advise you on, right? So I just came to Dubai so I didn't have the right person to ask, I would say. If you had to start over again what would you do differently? I failed badly a few times so the things that I would do differently maybe the first one would be I would recruit more slowly. Maybe you like someone the first time a lot but maybe he or she is not the right person for your company. Maybe you should go through several interview processes because this affects your company because if you want to scale your business you need to invest in people and I mean this is the only way to scale it. So and then do something and make your company successful, right? So it would be that then managing people. I think I was, when I had several people working for me in the beginning I think I was too nice to be honest. I think on the way definitely I've changed that because you need to put that barrier between friends, family and business let's say. So I actually, when I struggled with that I got a very good advice.  So whenever people are pushing really hard for you the rope will break in the beginning, right? So whenever they are pushing, if these are the people you should release the rope a little bit. Whenever they are doing, you see they're losing up they do it easy then you kind of make it more straight and you push them. So I think the balancing thing is really important. That's from a perspective of employees I would say. Then from a perspective of going into new business maybe rushing it up, setting it up, let's say for example especially because first two businesses I was successful at. So you know you're young then I thought I know everything. I thought I was the smartest and I don't have a problem with admitting that and that's so not true. I'm definitely not the smartest, not even close. So what happened is I thought if I knew marketing, if I knew the sales I thought I know operations as well for example. And then at one point with my meal prep company at the point when I was doing it alone when I had my own restaurant I had massive problems. I was not really clear on what's food wastage, what's this, what that. So I was burning a lot of money, I was losing a lot of money in the beginning. So I would say whatever you don't know you should hire someone who knows it better than you. So there is no ego in the business. You need to accept what you and you need to be very realistic to yourself and real. So I would say this is also one of the things I've learned. Then from a perspective of raising funds, having partners especially having partners who are investors slash partners. So they're putting the money into your business. So I would say I would definitely choose the ones who are not just giving you the money but they're bringing the value to the business. Maybe with their contacts or whatever else is the situation. So from that perspective also you should not rush, you should not think just okay I'm just going to get the money and cool company will work because that's a very short term thinking. If you're into business you should always think for long term because that's the only way you have. I mean I think it's 0.01% of the companies who scaled like this and they just blew up you know. What does your daily life look like? Very hectic. This is also one of the things that you face in Dubai that you don't face anywhere else really because the city never sleeps. So obviously it's very crazy. So I wake up around 5.45 I would say. Obviously alarm wakes me up. I'm always so tired. So by 7 a.m. I'm in the gym. 7 to 8, shower, going to work. Then the first call as of now, as of today for example as well. First call was at 9 a.m. That's a daily call that I have with all the teams. Then I have a call at 12 p.m. Then at 2 p.m. it's an international call with my different teams just to see what are they working on. Just observe the whole situation. For sure in between I have more meetings. The days are quite long and I'm a workaholic. It makes me happy. So I stay until pretty long. I have a rule that obviously like all of us right we go out and we hang out on weekends so I don't do this during the weekdays. So when I come home maybe I talk to family or something simple as that. Maybe I read a book or I check some videos on YouTube or something like that. But these are all educational business kind of orientated videos. And then on weekends I relax. I play a lot of football. I like that. That's my passion. Yeah I would say and then I go out. Yeah I hang out with friends. Sometimes it's the beach. Sometimes we rent a yacht or whatever it is right. So because now it's such a nice weather so every week there is something happening. So I would say more or less these are my days in Dubai. What are your three favorite places in Dubai? Okay for example you know in the city where I come from you know you kind of always go to the same coffee shop. So I like to do the same in Dubai. So I stick to one thing. So there is one coffee shop. I'm giving them a little bit of... I'm pushing them in marketing now. So it's called 1762. So I like to hang out there. So at least once a week I definitely go there. They have a nice terrace. Even indoors it's really nice. So I try to meet my friends there. You know have a good laugh. Have a good coffee. So this is something somewhere I like to go. Then other things. I'm really not sure you know it's so big. I always try to go to different things. And Dubai is like you know whenever the season changes year by year you have a new restaurant. You have a new club. You have a new beach. I mean La Mer right. It's completely a new thing. I've been there only a few times. It's an awesome place. Okay maybe it's not my favorite but it's really nice. It's honestly very... It would be very hard for me to pick. But definitely that coffee shop comes to my mind first. Yeah. How easy is it to meet new people and find friends here? Super easy. It's super easy because this is one of the things that I really like about Dubai. Because the city is hectic. Everything happens so fast. So the way how you network and you kind of become friends with also is very fast. I like that. But there is another part to it. So I also think that so many times I kind of became close with someone but then this person disappeared out of my life. Or for maybe it's not a bad reason. Just you know cities like that. And so... But from a networking perspective it's really easy. And everyone is so open about it. Everyone exchanges cards immediately. Phone numbers etc. So I think that's a good thing. It's very open-minded. If your friend was planning to move to Dubai what is the minimum budget would you advise him to have? You know as lifestyle is so different for everyone in Dubai and they have different reasons why they're here.  But let's say my friends are coming now here. I would say they're coming for work right on a contract. I would say maybe 15,000 dirhams. Nothing less than that would really make sense for them because they would have to you know afford a car an apartment and a normal lifestyle. I would say that's the amount. I also don't want to say that someone else who makes 12 or 10,000 dirhams you know it doesn't make sense for him to come. Maybe it does because I don't know what's going on in their families or this or that. Can you share your tips to make savings here? Some tips to make savings. I mean these are not just general tips not just for Dubai. Number one thing that everyone is struggling here with is discipline. For me the way how I saved money for first business then for the second one etc. because I've never used investor money or any loans or credit cards or anything like that. So all purely for my pocket. So I would say discipline on a daily basis. Set up your budgets. Don't exceed them. Set up the budgets for you know because so many people you know they they get the good money right you know right like they earn good but then they spend it. So you need to have that balance. You need to know what I know exactly multibase is what I need to save. So once I get my paychecks and things like that I just put it on the side. Like it doesn't exist right. I have an account also back home. I just sent it there. Like it doesn't exist really. So I would say that's the thing.  Don't get me wrong. I'm not saying I'm not buying nice things or I'm like struggling not like that. I really actually like to have nice things to have a good car etc. So but then on the other things I'm really trying to be balanced and disciplined. If you were to describe your experience as an expert in three words what would that be? Oh as an expert. So first first words that come to my mind futuristic, safe, hot. What had this international move taught you? Okay so that's a really good question and I like it because you can always kind of self-reflect and you can see what you have done in the past five or actually six years now. So the main thing that Dubai taught me and this international experience is what I want and what I don't want. Because you need to go into things. Is it relationship like your girlfriend, wife, whatever it is. Is it relationship with friends? Which kind of friends do you want? Is it employees that you want to hire?  Someone is more hardworking, someone less etc. Things like that. So I've learned massively from dealing with banks and opening and setting up the bank accounts and the companies and traveling around the world because when you're here you have a different perspective. So I would say the main core thing is I've learned so many things and the most of the things I've learned came through failures. So that perspective for me changed. Now I know this will sound weird but I'm actually looking forward to a failure because I immediately know, okay so that's wrong so I know what's right. I definitely know this is wrong so I know what not to do and I think sometimes even that is enough. And before I was always so scared of the failure. I was my very big first failure with the business I was so anxious about it. It really hit me big but I'm so grateful for that because I would not be able to scale. Because now I'm into very serious business and we are handling with 7 digits and things like that so if I didn't have the experience of failing I wouldn't be there. I wouldn't be here, sorry. So that's definitely... So it's this game of winning and failing and learning from your mistakes. Especially when you're abroad you don't have anyone so I didn't have mom and dad or no one to help me or some friends or whatever family, right? So I had to deal with everything on my own and I think this Dubai and international experience really makes you a grown up much quicker than everywhere else because it's a tough market to be at. Do you have any quote you live your life by or think of often? I don't have a specific quote. Everyone is now all about quotes. Whenever I go on Instagram I see 1000 quotes. No, I don't live by quotes. I live by something that I always have in mind. Almost every day it comes to me and that is only one thing. I don't even need to be extremely successful even though that's my aim and my target. So I don't need to be as long as I've tried everything to... and I've used my potential. So what I'm saying is to regret the game. I don't want to regret that I didn't give my 300% of my contacts or my working hours whatever it is, opportunities. So I would say I just don't want to be old and have regrets. That's all. How long are you going to stay in Dubai? I think no one knows that. I've had so many people saying I'm gonna live next year and then they stay 10 more years. So as of now my feeling is I will definitely stay 4-5 years more. I think so. You know I'm single so this is how I'm thinking now. So before I let's say start building my family or maybe I can even start building it here. But if I can choose I wouldn't let's say like my kid to go to the school here. I don't know I just prefer maybe Europe or somewhere else. But as of now let's say 5 or 4 or 5 years more for sure. The only reason where I would live immediately would be if something happens with the market itself. So let's say economic crisis or something like that. What advice would you give to those who are planning to come to Dubai? I actually think the way how I came is the way how most of the people should come. So what I want to say is being extremely well prepared. And it's so easy now. We live in an age and era of social media. It's so easy to make contacts. So easy to make friends. So easy to find out anything what you want to know. So before I came I had a job. I was only dealing with all the agencies. I knew the deals. They knew I'm coming. And as I said I researched everything. I've booked my apartment before I came here. Everything, right? So I came and everything was kind of ready. So I was not dealing. I was not going through stress. And I would say social media is a key thing. Why? Even if you... I think everyone in this world has some friend or friend of a friend who is in Dubai. So I think it's so easy to get connected. So I would say just get in touch. Find out as many info as you can. And just do it. Just explore. That's it. Come well prepared. That's the best thing.  Let's say extremely good opportunity. Back home in terms of business and work. So if I can make good money and be home with my family, with my friends that would be definitely one thing. Second thing would be... Let's say something happens with this market. The market crashes. There is no more good opportunities to work, scale your business, etc. That would be a second thing. And I don't know, maybe a third thing would be... Even though I'm single now, but you never know. So maybe, I don't know. Maybe I move because of my future wife or something like that. Because the way how I see it, if I can choose, I wouldn't stay in this country to have a family here. For example, as of today, I can even stay 10 more years. But in a very long, long, long term, I wouldn't like to stay here. I would like to live somewhere else. So let's say something happens and let's say, I don't know, I get married and I want to have kids and I want to move to another country. Maybe that would be a third reason. These are the first few things that come to my mind. Nothing else specifically. As I said, I'm very happy with this city. This city offers so many things. I know so many people complain about it, et cetera, but I think we just... Especially for the people who are here several years, we just became spoiled. I think we should all self-reflect, go back a little bit and think about it. You know, how actually nice is here and what this city offers and what is people, local people who come from here and who've set everything and all these amazing things for us. We should just appreciate more, to be honest. Thank you for watching this video. If you have any questions to Marco, leave them in the comments below and we will reply to you. And don't forget to subscribe to my channel so you will not miss my next episode. See you soon!


So how to find the stocks of trade is very easy. What we look for is the highest percentage gainers on the day. How to trade these stocks, right? So for me, as a short buys trader, I'm waiting for the top to be set, and I'm shorting that lower high with a stop at the top of that candle.  And if the answer is yes, and you can repeat it with a high percentage win rate, then you got a golden strategy.


Hey guys, how you doing? This is your boy Rich from RichTVLive and you too can join the club at richpicksdaily.com where you can learn how to win and trade. Hey Ed, let me ask you a question. When are you guys getting listed in America for American investors? Yeah, so Rich, as our investors know now, we're listed on a TSX Venture Exchange, but we're taking the necessary procedures that we need to do to get ourselves listed on the OTC in the US. Expect that to happen sometime mid first quarter this year so investors can look forward to that in the US, Rich. Hi, how you doing? I'm your host Rich and we have a RichTVLive with our very special guest, the CEO of First Helium, Inc. Edward Beriznicki. How you doing today, Ed? I'm doing well, Rich. How are you? I'm doing fantastic. Very excited to have you on the show. Very excited about First Helium, Inc. And why don't we get started, Ed? And I'm going to ask you a few questions. Can you tell us a little bit about yourself and how you got involved with First Helium, Inc. Yeah, sure, Rich. So education-wise, I have an engineering degree and I followed that up with an MBA in finance and accounting. Wow. I'm based in Calgary now. I started my career in the oil and gas sector and then spent just about 15 years in the investment banking community here in Calgary, mainly funding junior oil and gas stories as well as other oil and gas sector companies. A lot of my time was also spent on M&A work during that period of time. So yeah, in terms of First Helium, I was introduced to the company by a fellow that used to head up our retail brokerage group at the last investment bank I was at. He is a good mutual friend, one of the founders of First Helium, in fact. So I met the founder, got to chatting, loved what the company was doing. And I'm going to say for the next year or so, myself and the key technical team, the core group of First Helium got together. We looked at the assets of the company, did a bunch of our own work. And then in the fall of 2020, so just a little over a year ago, we were part of a recap and reorg of the company. We made our own investments and took the company forward from there, Rich. That sounds fantastic. Congratulations on doing what you guys have done thus far. And I know our community is very excited to see you guys evolve and grow. Can you tell us what are some of the milestones set this year for First Helium Inc. that shareholders that are watching can look forward to for the company? Yeah, absolutely. So one of the first things that we've been talking about, of course, is that we've got to bring our one of 30 oil well discovery into production. And we hope to do that in February, early February, in fact. In addition to that, we'll be looking to drill two to three exploration wells on our Worsley Helium exploration property and potentially on our Southern exploration block as well. Beyond that, the company is looking at finalizing its plans to construct or install a helium processing facility up at our Worsley property. And that would include either financing it with some non-dilutive debt or other forms of capital or entering into an agreement arrangement with a third party custom processor. So those are a couple of big events that I see happening during the course of this year, Rich. Oh, I can't wait to watch it happen. Now, we also believe here at Rich TV Live that having a strong management team is extremely important and it contributes to the overall success of a public company. Can you tell us a little bit about your management team here at First Helium and talk a little bit about some of their past success in the public markets? Yeah, so the core group at First Helium, which includes myself, our VP Engineering, VP of Geoscience and our CFO, have all been involved in various capacities with both private and public companies, mostly junior growth companies in both the oil and gas and mining sectors over time. They're well experienced with not only allocating capital judiciously and spending it accordingly, they understand what investors want to see. In my case, the bulk of my public company experience came as my time in investment banking where I raised over $20 billion in equity capital was part of that many deals, both institutional and retail Rich, and also had a lead role in just about 30 M&A deals worth about $4.5 billion. So together we feel that we're pretty well versed in understanding what public company investors want both at the junior and institutional investor size. Now you just mentioned it, the Well 130, the company just announced the first revenue from Well 130 and reported 1,100 barrels of light crude oil, which generated over 90,000 in sales revenue for the company. Can you tell us what this means for First Helium Inc.? Yeah, really, this is the first step, Rich, in generating cash flow for the company. And we're going to use that cash to further our exploration and development strategy of Helium, both at Worsley and our southern land block. As I mentioned, we're currently installing or we will be installing the necessary equipment to put that one of 30 Well into full-time production. And once that happens, we anticipate that we'll be generating in the first year approximately $6 million in cash flow from that oil well. And as I mentioned, we'll be putting that to use in furthering our exploration and development of Helium. Wow, that's exciting to see the revenue growth come in. We love undervalued, underappreciated, underexposed companies before they start generating revenue. That's how we've done quite well with our community, finding early-stage companies. Can you give the viewers an idea of how many different industries require Helium? I don't think Helium is one of those things people understand or talk about very much, which I think could be huge for investors, because that means it's a niche market. So can you explain all the different industries that require Helium to make their products? And how far away do you believe first Helium is from selling Helium in the market? Yeah, Helium is an interesting inert gas that has many physical properties that are extremely important to the scientific community, the medical community, and parts of industry for sure. When we talk about Helium, people think about, obviously, Helium party balloons, everybody knows that. But in our slide deck, I would encourage investors to take a look at our outline of industries that use Helium. We've got about 12 listed there, broader sectors, and then those break down into sub-sectors. But for investors today, I would point to a number of key areas, including MRI machines. So in the medical community, going in for your magnetic resonance imaging scan involves Helium. It's used in its liquid form to cool the magnets that help the MRI machines create their images for the medical community. Also used in specialized welding, so various types of welding require Helium for its cooling properties. Also used in fiber optic cable manufacturing and widely used in scientific research and scientific laboratory uses as well. So those are some of the key sort of historical uses. I want to touch on a couple of real growth areas as we look to the future. The first one is high tech. So as computers become faster, we use more memory, and everyone knows the increasing daily use of high tech in our lives, we need more Helium gas in the manufacture of semiconductor chips. It's an integral part in producing faster, more complex semiconductor chips. Also, most investors are familiar with the advent of more space exploration in the private sector, but also we're continuing to send more satellites into space. Helium is used because of its inert properties, it's one of the few gases that can be used to purge rocket engines safely. And so an increasing amount of Helium gas is used there. Rich, those are just a few areas. In terms of how close we are, we're ready to produce Helium gas at our 15 of 25 well. It's been tested at over 1.3%. It is ready to produce pending the installation of a Helium processing facility. And I touched on that a bit earlier in the conversation. Once we give the green light to begin construction of that facility, expect first Helium production to be about 12 months out from then. So I'm thinking Q1 23 right now, Rich. Fantastic. Can't wait to watch you guys continue to support all of these growing sectors. And this is why I wanted you to explain that because when I started learning about Helium, I was shocked in how many industries and sectors are utilizing this gas. So I'm learning a lot about Helium as well. And when I saw some of the big names, tech names, that are using Helium, I was blown away. These are some of the biggest companies in the world. So you guys are definitely in a very interesting niche growing sector. Can you go through the capital share structure of first Helium Inc. Our community loves to understand the fundamentals and the meat and potatoes of the company and how you plan on attracting more institutional investment alongside more retail investors. Yeah, sure. So Rich, today we have 65 million basic shares outstanding and another 35 million in dilutive securities outstanding for about 100 million shares fully diluted. In terms of the dilutive securities, the great bulk of those are warrants at 50 cents that were issued in conjunction with our co-public financing. And they have an expiry of July 2023. And as I mentioned, the exercise price on those was 50 cents. Key thing about the company management, key advisors and early shareholders hold just about 40% of the shares outstanding. In terms of institutional investors in our 12 million dollar raised early, I guess it was March 2021, roughly eight million dollars of that went to institutional shareholders. And today that would account for, call it 40% of our shareholder base is institutional. We had about three investment banks involved in that financing, including Echelon, Cormark and Canakord. And a number of those banks have research on us. Most recently, Cormark put out an update on our 130 well. And then they've got a buy rating of about 65 cents on us there. So in terms of attracting future institutional capital, I continue to talk to the banks that follow us routine meetings with some of our existing shareholder base on the institutional front. As we continue to explore and build out and look to potentially raise more capital to explore, we'll continue to include institutional investors alongside our core group of retail investors, Rich. Ed, if there was one thing that you would want shareholders or potential investors that are watching this interview today to know about first helium ink, what would that be? Yeah, for me, Rich, it's really the fact that we've got the 15 of 25 helium discovery well ready to go. Our reserve engineers, third party independent have given it an NPV value of around 15 million bucks. That combined with our recent oil discovery that we're about to put on at the one of 30 well, given what we anticipate there for production and where our oil prices are, we feel that's got a market value using industry typical multiples of about another 15 to 18 million dollars. So all in, we've got an underlying asset value of around 30 million bucks and I don't think that's being fully recognized in the market. So for me, you're getting all of the exploration upside on our 79,000 acres up at Wursley and just over 200,000 acres down in the southern exploration block, you're getting all that exploration upside for free, Rich. So that's what I like to tell people today. We love identifying companies that are early stage that have this type of explosive opportunity. What is the best way for investors to get in touch with the company if they have any questions for you regarding first helium ink? Yeah, absolutely. I'm happy to talk to people as much as I can, but that's not always possible. That said, reach out to our IR investor line or through the investor portal on our website and our IR team will make sure that I get to your questions and we get you some answers. Fantastic. Now I must remind everyone that Rich TV Live is strictly for information and 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, we have a great track record of identifying undervalued, underappreciated, underexposed opportunities before they explode. Thank you for joining us today. The CEO of First Helium, Inc. Edward, Bear is Nicky. Thank you for joining us today, Ed. Hey, thanks, Rich, for having me on your show and look forward to coming back to talk about some of the exciting things we're working on here at First Helium. Appreciate it. My pleasure. I'd love to invite you back anytime you have big breaking news or anything you want to talk about. We'd love to invite you back here on Rich TV Live. Now for those of you guys that are not winning, you're probably not watching, we bring you the winners and we bring them to you first. If you like the video, smash the like button, comment down below, share the video everywhere and subscribe if you're alive. This is Rich from Rich TV Live with the CEO of First Helium, Inc. Edward, Bear is Nicky, saying, have a nice day. We'll see you soon.


Internal Revenue Service IRS Tax News. IRS Reminders about April 18th deadline for last minute filers and others. IR 2022-86 April 15th, 2022 Washington. The Internal Revenue Service is reminding taxpayers the deadline to file and pay tax owed. For most individual income tax returns is Monday, April 18th. Hey, wait a second. That's today. The agency wants last minute filers. That's us if we haven't filed yet because it's the last minute right now. To know tax help is available to file a tax return request and extension or make a payment 24 hours a day on IRS.gov. Meaning don't call them. The help isn't actually by manual assistance. It's on the website. So irs.gov, irs.gov. The IRS encourages taxpayers to file electronically because tax software does the calculations, flags common errors, and reduces tax return errors by prompting taxpayers for missing information. So we got the free file for many taxpayers that's still available. And you can find it on the IRS website looking for the free file which will lead you to the third party software. You will typically want to be using software these days even for quote easy returns in quote because you would think the easy returns would be the low income returns. But now with all the refundable credits and the changes to the refundable credits, you got the child tax credits. You got the advanced payments on the child tax credits. You got the earned income tax credit which has substantial changes from prior years. They might be able to use prior year or 2019 income on it and so on and so forth. Confusing. You got the recovery rebate credit. You have got the stimulus payments which are the recovery rebate credit in essence. All those types of things make what once was an easy return hard. And software makes filing returns much easier to do. So the mid returns actually in the mid range are kind of the easier returns now. High end level of course are more difficult. Low end are difficult just because that's where a lot of changes are happening and these refundable credits are happening. Therefore check out the software on the IRS free file. So the fastest way to receive a refund is to file electronically and use direct deposit. There's a link to the direct deposit here. IRS free file. There's a link to that here. It's available to any person or family within and adjusted gross income. Otherwise known as the AGI of $73,000 or less for 2021. So if you have income of $73,000 or less you might be able to find software for the free file. You can also look for software like an like an H&R block. I think they have software that you could just use H&R block and the other one is the Turbo tax buy into it. For example for individual filers. So even if you don't go through the IRS free file you could take a look at some of those big names for the for the software that can help guide people through. If your income is above the threshold to get the free software you might still want to use the software because you would think your tax return would be sufficiently difficult if your income is above that level because it's more likely you might be itemizing which adds a level of difficulty. And if it's much above that threshold you might want to get actual physical in person consultation or possibly over the internet these days or whatever with an actual tax preparer because you not only need your tax preparation but you might also want to do some projections and stuff which could be helpful to have an actual person to talk to in that case. So leading tax software providers make their online products available for free. Taxpayers can use IRS free file to claim the remaining amount of their child tax credits the earned income tax credits and other important credits. IRS free file fillable forms is available to anyone who is comfortable preparing their own tax return. So there is a fee options a free option for everyone. So they also have the fillable forms if your income is above the 73,000. Honestly I think they do that just to say that they have a free option for everyone because I don't think it's very advisable most of the time for people to use the fillable forms because you don't have the calculation of the softwares in that case. I do think it's useful to have the forms on the website of course and to have the instructions for them which they update. You can take a look at those so that you can see how everything is kind of put together but you probably want to have software if your income is above the 73,000 because you think you would think that your tax return is more complex at that point and therefore more likely to have errors involved in it so you probably want to pay someone or at least buy some software to help you out with it if you need to. So online account providers information to help file an accurate return including advanced child tax credit and earned income payment amounts adjusted gross income amounts for last year's tax return, estimated tax payment amounts and refunds applies as a credit. So you can take a look at your online account and log into there to get that vital tax return information. Get a six month extension to file. The IRS estimates 15 million taxpayers will request an extension of time to file and the easiest way to request an extension to file is using IRS free file. So if you can't file on time, today's the day to file that extension. Now note the IRS is most concerned with those people that actually owe them money.  One, the extension and two, the payment because they're two separate things. So don't think that if you file an extension that that's an extended of time to pay. It just means they're not going to hit you with the stick of the penalty on the late filing but they'll still hit you with the other stick of the late payment penalty. So keep that in mind in a matter of minutes. Anyone can request an extension until April on October 17th using form 4868 application for automatic extension of time to file U.S. individual income tax return. There's a link to that here. An extension of time to file is not an extension of time to pay however and taxpayers must estimate their tax liability on this form and pay any amount due by the April 18th filing deadline to avoid penalties and interest. Taxpayers can also request more time by paying all or part of their estimated income tax due and indicate that the payment is for an extension. So if you owe money you can actually just pay them and file that to the extension. Make sure that you're applying it to the proper period. Remember that if you pay the IRS they're not just going to optimize and take the money and put it where it's supposed to go.  It's usually fairly straightforward. If you were to pay them online you got to apply it to the extension if that's what you want to apply it to. If you apply the payment that you make to 2022 for example when you are trying to apply it to the 2021 extension they will most likely apply it to 2022. Then say that you were late on paying your taxes for 2021 and hit you with the sticks of penalties and interest. So make sure that you file to the proper place, use the extension and that's another way that you can have the extension if you owe money. So they can do this using direct pay, the electronic federal tax payment system the EFTPS or a debit credit card or digital wallet. This way they don't have to file separate extension form and will receive a confirmation number for records. IRS Form 4868 can also be downloaded from forms, instructions and publications on the IRS website completed and addressed to the correct IRS office that must be postmarked by the filing deadline who automatically has more time to file so some people have an automatic more time to file. The IRS automatically provides filing and penalty relief to any taxpayer with an IRS address of record located in areas covered by Federal Emergency Management Agency Disaster Declarations. The deadlines to file tax returns and makes tax payments submitted for affected taxpayers in certain areas of Arkansas, Colorado, Kentucky and Tennessee until May 16, 2022 and for Puerto Rico until June 15, 2022. For details on all available relief, visit around the nation page on IRS.gov. There's a link to that here. Special rules may apply for some military personnel serving in combat zone or a qualified hazard duty area. So if you're a military personnel serving in a combat zone, thank you for your service and the IRS might be gracious enough to extend your tax filing deadline a little bit maybe. So this also applies to individual serving in the combat zone in support of the U.S. Armed Forces. A complete list of designated combat zone localities can be found in Publication 3, Armed Forces Guide, Tax Guide. There's a link to that here. It's available on IRS.gov. U.S. citizens and resident aliens living outside the United States have until June 15, 2022 to file their 2021 tax returns and pay any tax due. $1.5 billion in unclaimed 2018 refunds. Now we're talking 2018. Remember, if you don't file, there's a statute of limitations. So if you had a refund coming to you and you don't file, then at some point you won't be able to file. And if you can't file, you won't have access to the refund anymore. So check it out if you haven't filed 2018. The IRS estimated that 1.5 million taxpayers did not file a 2018 tax return to claim tax refunds worth more than $1.5 billion, the three-year window of opportunity to claim a 2018 tax return closes April 18. Wait, wait, that's today. Put your foot in the door. How can I put my foot in the door before it closes? So one way you might want to put your foot in the door is if you have any taxes that might be owed to you, you might first try to think, well, am I going to get a refund if I file the return? Because you might not have filed returns or you might know someone that has not filed the returns because they were not required to. But we know that, especially this year, but the same is true for prior years, too, that you've got these refundable credits for withholdings. So in other words, you might have worked somewhere but not earned a lot, but you might have some withholdings that would be refunded if you didn't owe any taxes. You also might have the earned income tax credit and you could have the child tax credit possibly. These are refundable credits, not as big as in 2018 as today, but they're still kind of there. So you might want to file first the 2021 tax return just to get an idea as to whether you might qualify for some of these refundable credits that might make it worthwhile to file prior year tax returns even if you're not required to due to the fact that you might get money to do that because of these refundable credits perhaps or possibly because of withholdings.  That's why I recommend looking at that first because you might get access to the free software. I don't believe you have access to that free file software for prior years. So you might have to pay for the software basically in prior years to go back and pick that up. That's why you might want to kind of test it out to see if you think it's worthwhile to do that in the prior years. Now you also might say I'm not going to get it all done today and I might not have the records. So you might try to file as best you can, right? Do the best you can to file for 2018. And if you send that thing in like today, then you kind of put your foot in the door, right? Because now if you file before the deadline, they're probably going to send the IRS aside, hey, there's something missing, there's something wrong because you don't have all the data maybe. And then you can fix it, right? So you could try that. Where would you get the information? You'd say, well, where would I get the information because you would want to go to the prior employers possibly and pick that up into the bank and so on. You might be saying, I'm not going to that prior employer. I'm never going back. I'm never going back.  You might go to the IRS website, IRS itself, and try to look up your prior period transcripts because they already have most of the information, all the information instead of a W2 and the 1099s and that stuff on their side. So you go to try to get a transcript from your account on irs.gov and that might help to give you the information to populate into the software that you could file right now so you could put your foot in the door for 2018 so they don't slam shut and lock your refund inside. So if they did not file a 2018 tax return by April 18th, 2022, the money becomes the property of the U.S. Treasury. The law requires taxpayers to properly address, mail, and ensure the 2018 tax return is postmarked by that date. Other April 18th deadlines. April 18th is also the deadline to make 2021 contributions to individual retirement arrangements. The IRAs contributions can be made to a traditional or Roth IRA until the filing due date, April 18th, but must be designated for 2021 to the financial institution. So that's usually like the last tax planning thing that you can basically do is try to think about whether you could put money into an IRA and you could do that up until the filing deadline. You can't extend the ability to put it into the IRA past April 18th even if you go on extension. So if you could put money into an IRA and you still have the capacity to do so, you might want to do that now. Make sure that when you do it, you're putting it in the money in now as of 2022, but you're applying it to tax your 2021. That's important to note. And then for 2022, you might put more money in 2022 or at the end of 2022 when you file the tax return in 2023 by April 15th of that year. So more information. You can see retirement plans, FAQs, frequently asked questions. That's what that stands for regarding IRS or Publication 590 a contributions to individual retirement arrangement IRAs. There's links to those here. Employment taxes are due April 18th for household employees, including housekeepers, maids, babysitters, gardeners and others who work in or around a private residence as an employee if they were paid $2,300. For more information, you can see Publication 926 Household Employer's Tax Guide. So have I paid all of my various attendees this morning that have been... Okay, maybe... So the deadline to submit 2021 tax returns or an extension to file and pay tax owed this year falls on April 18th instead of April 15th because of the Emancipation Day Holiday in the District of Columbia. Taxpayers in Maine or Massachusetts have till April 19th, they get till April 19th those people in Maine and Massachusetts. Why? Some holiday, but still, why don't they apply that to everyone like they did with the District of Columbia? I don't get it, but that's just the way it is. They have till April 19th, 2022 to file their returns due to the Patriots Day Holiday in those days. I'm a patriot too. I'm a patriot. Okay. The first quarter estimated tax payment for 2022 is also due on April 18th. Taxpayers are encouraged to check their withholding for 2022 after they filed their 2021 tax return. It can protect against having too little tax withheld and facing an unexpected tax bill or penalty at tax time next year. They can also help taxpayers adjust their tax withheld upfront so taxpayers can receive a bigger paycheck and smaller refund at tax time. So there's links to some of this wonderful stuff here. There'll be a link to this in the description.


Hello, beautiful souls. Welcome back. This is Ona with Art of Awakening and I'm here today in my studio and I'm just super excited because I've just finally set up my Patreon and I wanted to just extend a really big heartfelt invitation to any of you who feels guided, who wants a little bit more community in your life to check it out. It'll be at patreon.com slash art of awakening and it's I've really gotten this kind of overwhelming sense of it's time to really start putting a little bit of a community together because there's so many so many of you beautiful souls that have been following me and I'm so so grateful. We just passed 6,000 subscribers and I know that I've spoken to a few of you in person and at this time right now this great awakening there's a lot of us who are feeling isolated and we have this capacity as human beings as free sovereign human beings to envision you know whatever it is that that we're going to be bringing into the world and then to actually manifest it and this is this is just super powerful we are doing this whether we know it or not with every breath we take with every word with every thought especially our thoughts and when we're isolated it's really easy to get down into these rabbit holes or when you know I think there's a lot of rabbit holes in the media but there's also the capacity that we can get together and kind of mirror each other and mirror the beauty of each other's souls and really start to create some fertile ground for creating just a beautiful beautiful you know life art is life life is art I'm gonna be having three levels I want to make this super affordable for everybody so the the the starting entry level is what I call my love doves and that's just four dollars and it's like just by being kind of present and having that energetic link it's really going to help to just kind of bolster this community energetically even at that level at the butterfly level there's you'll be getting weekly energy updates and then my wolf pack that's where we're going to actually get together weekly via zoom so that we'll actually have that interaction and part of it will be getting together and doing some studio work and it doesn't matter if you've ever painted before you're welcome to join I think art is a wonderful way to get in touch with our inner creator our inner voice and we also may get together for meditations or just kind of hanging out together so I would love love love to have you join me if you have any questions ask them below I'm going to post that link below and really hope to see you there


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