Thanks, Nier, for the introduction. This is joint work with Dan Bonet, Yuval Ishai, and Amit Sahai. So in the last few years, indistinguishability obfuscation has really emerged as a central hub for cryptography. We have many amazing applications that you can all build from indistinguishability obfuscation and some very simple primitives. And at a very high level, and as you've seen from the previous talks, and indistinguishability obfuscation allows you to take a program and scramble it so that you can hide secrets within the software itself. And this has emerged as a very powerful tool. But we've seen, if we take a closer look at it, what we end up seeing is that there are very, very big constant factors. So when you want to actually use indistinguishability obfuscation to instantiate your favorite cryptographic primitive, you suddenly see polynomial, is a polynomial time algorithm, and yet the constant factors are something like 2 to the 100. So we want this primitive, and yet it still seems very far away from being concretely realizable. And let me just preface here that when we look at the constant factors as big as 2 to the 100, deploying indistinguishability obfuscation is not an engineering problem. It's not just about finding more efficient ways of computing these things. They're actually fundamental theoretical challenges that we have to overcome in order to make these things practically realizable. So our goal in this project is quite ambitious. We wanted to find an obfuscation complete primitive that suffices for obfuscating any arbitrary functionality with good concrete efficiency, bring IO into practice. And what does that entail? Well, our goal is to identify a functionality whose idealized obfuscation can be used for general functionalities. And moreover, we want this to be efficient, namely, if you want to obfuscate an arbitrary program, this idealized functionality should only need to be invoked once. So it's sort of this obfuscation complete primitive. What suffices to obfuscate an arbitrary program? And our solution is going to look at, it's going to be basically based on the original bootstrapping constructions for obfuscation. Namely, our obfuscation complete primitive consists of FHE decryption and snark verification. I'm going to get into the details on each of these primitives subsequently in the talk. And as a concurrent goal, once we have defined our obfuscation complete primitive, it really boils down to finding efficient representations of these underlying constructions, namely FHE decryption and snark verification. Fully homomorphic encryption seems to be pretty well understood at this point. But an independent goal of this work has also been looking at finding snarks with efficient verification processes that are amenable to the existing obfuscation constructions. So there are two goals of this project. One is improving the concrete efficiency of obfuscation, and two, and sort of as a byproduct, finding more efficient snark constructions. So let me give you a sketch today of how we build obfuscation for general functionalities. There are three main types of approaches, and they all rely on, and all of these constructions rely fundamentally on multilinear maps. So the first kind of way of building obfuscation for general circuits relies on a beautiful construction based on bootstrapping introduced by Garek Gentry-Helevi-Rekova-Sahayan-Waters in 2013, and the starting point here is we begin with a multilinear map. And using multilinear maps, we actually build a weak class of obfuscation, namely obfuscation for log depth circuits, for NC1 circuits, or branching programs. And then in a very nice work, what we can do is we can actually bootstrap NC1 obfuscation to obfuscation for general circuits. I will describe this bootstrapping transformation in greater detail in subsequent slides. So this, while it looks like a very simple, very natural, very nice, clean framework, and we actually want to instantiate it, and we actually use it to obfuscate even a simple functionality, like an AES or a block cipher, what we immediately see is that we need a multilinear map capable of supporting over two to the 100 levels of multilinearity and publishing over two to the 100 encodings. This is an astronomical number, and very, very far from something that we can practically implement using modern computing resources. So a subsequent line of work by Zimmerman and as well as Apple Bomb member Kersky, looked at directly obfuscating circuits, and this sort of resolves the second problem where we have to publish two to the 100 encodings. Unfortunately, due to the noise growth in existing multilinear map candidates, the levels of multilinearity required is still over two to the 100, and thus very, very far from concretely realizable. In a recent line of work initiated by Lin in 2016, we've have now non-blackbox constructions of obfuscation. So these are constructions that rely only on constant degree multilinear maps, and this constant in recent work has been reduced to something as low as three. So using just trilinear maps, we can actually construct obfuscation. However, there is one big caveat. They require non-blackbox use of the underlying multilinear map, and if you look at the internal details of existing multilinear map constructions, they are really, really complicated. And as a result, non-blackbox constructions are going to present major hurdles in terms of concrete implementability. So the focus of this work will be on constructing obfuscation and making use that make non-blackbox use of the underlying multilinear map, and we're going to focus on actually the simplest or the original construction of obfuscation based on bootstrapping. So this is a two-stage pipeline where we start with the multilinear maps, build obfuscation for branching programs, and then leverage obfuscation for branching programs to obtain obfuscation for general circuits. Most of the prior work in this area have focused on improving the efficiency of the first step of this pipeline, namely the obfuscation for branching programs. In this work, we're going to look at the second stage of the pipeline, and this is where we're going to extract our obfuscation complete primitive. Let me just give you a high-level summary of our main result in an obfuscation front. To obfuscate AES using our new construction, we require a multilinear map capable of supporting about 4,000 levels of multilinearity, and if you look at it compared to the existing work, this is many, many orders of magnitude of improvement. We went from 2 to the 100 to roughly 2 to the 12th. Okay, so let me first remind you how we bootstrap obfuscation. What is our obfuscation complete primitive that we seek to build? So to obfuscate a circuit, what we do is we first encrypt it using a fully homomorphic encryption scheme. Now, using the fully homomorphic properties of the underlying encryption scheme, the evaluator can homomorphically compute the circuit on any input of its choosing, and in doing so, obtain an encryption of the circuit evaluation. Now, we need some way of taking the encryption of the circuit evaluation and extracting from it the actual output. So what we're going to do is we're going to rely on our obfuscation for branching programs and publish a decryption circuit, in particular, an obfuscation of the decryption circuit that will implement the FHG decryption. Now, certainly we can't give the evaluator an arbitrary decryption oracle, because otherwise the evaluator can simply decrypt the circuit. So what we're going to require, in addition, is that the evaluator provide a proof that when it did the circuit evaluation that the ciphertext it obtains to be decrypted should actually be one that was derived from evaluating the program on an honestly generated input. And so the evaluator includes a proof and the proofstrapping algorithm will first check the proof before decrypting. So let's look at concretely what the program looks like that we need to obfuscate. It will contain embedded inside it a decryption key for the underlying FHG scheme and maybe a CRS or some other verification state used for the proof verification process. And the functionality that we need to obfuscate needs to do two things. It needs to verify a proof and if the proof... Let's click this. It needs to verify a proof and then it also needs to decrypt the resulting ciphertext. So if we look at what kind of obfuscation constructions we have today the ones that at least in this proofstrapping construction they operate over branching programs. So when we actually want to build this obfuscation complete primitive we want something that can be easily implemented by a branching program and the complexity is generally captured by the length of the branching program. So we need FHG decryption and SNARG there and proof verification to be implementable by simple and short branching programs. And luckily for us the existing works on lattice-based FHG schemes and all of these existing constructions or in most of these existing constructions at least decryption can be implemented by a rounded inner product which actually is amenable to branching program based computation. So what we really need now is simply a way to verify these proofs efficiently. And that's where we get to, uh oh, okay. And that's where we get to the need for SNARGs. So first let me remind you what a SNARG is. So our overarching goal in improving the concrete efficiency of obfuscation is building better SNARGs or better branching program friendly succinct non-interactive arguments. Okay, so let me remind you what a succinct non-interactive argument is. So this is also known as a SNARG. It consists of three algorithms. There's a setup algorithm that takes a security parameter and outputs a common reference string and a verification state. And then there's the familiar proof and verify algorithms that a prover algorithm takes in the CRS, takes in a statement and a witness, outputs a proof. The verification algorithm takes in the proof, takes in the statement, and is possibly the verification state and decides whether to accept or reject. A SNARG should satisfy the usual notions of completeness and computational soundness, but the important property is that it should be succinct. Recall that the obfuscated program needs to both take as input the proof as well as verify the proof. So succinctness is paramount to the success of this work. So the succinctness property in the succinct non-interactive argument system stipulates that the proof size and the runtime of the verifier should all be polylogrhythmic in the running time of the computation that's being verified, or in the case of circuit satisfiability, polylogrhythmic in the size of the circuit. More concretely, what it means is that the runtime of the verifier can be polynomial in a security parameter, the length of the statement, polylogrhythmic in a circuit size, and similarly for the proof size. So our main result in this work on constructing more branching program-efficient SNARGs, especially tailored for bootstrapping obfuscation, is we actually obtain new designated verifier SNARGs with qualitatively better properties that I will summarize below. So the designated verifier part of this statement means that the verification stage should be secret, and it's also in a preprocessing model which allows us to basically have a more expensive setup procedure. So the setup procedure that generates the CRS need not be super efficient. It can be run in time polynomial in the running time of the computation or the circuit size. But when this model, what we achieve is the first SNARG that simultaneously satisfies what we call quasi-optimal succinctness and quasi-optimal prover complexity. Let me briefly describe for you what I mean by these terms. When I state the asymptotics for our SNARG construction, these are going to be numbers or complexity reported for achieving negligible soundness error against provers of bounded size, of size two to the lambda. So when I say a proof system satisfies quasi-optimal succinctness, that means the length of the proof should be quasi-linear in a security parameter. So lambda times some polylog-rhythmic terms. When I say a proof system satisfies quasi-optimal prover complexity, what I mean is that the amount of work that the prover has to do to generate a proof is only quasi-linear in the size of a circuit and does not depend, say, linearly in a security parameter. So in most existing SNARG constructions today, and I will summarize those at the end of the talk, the prover complexity or the prover overhead will be linear or worse in a security parameter. SNARG would be quasi-optimal prover complexity if that overhead is only polylog-rhythmic. So we give the first SNARG from any assumption that actually simultaneously satisfies both of these properties. And as an additional bonus, because our new SNARG constructions can be instantiated based on lattice assumptions, they are plausibly resist quantum attacks. So we give post-quantum secure SNARGs and they also work over polynomial size fields, which will be very important when we look at the concrete example of bootstrapping obfuscation. Let me now describe for you how our SNARG construction works. Our starting point is a building these pre-processing SNARGs builds on a very beautiful work by Butanski, Chiesa, Ishae, Ostrowski, and Paneth. Their construction takes a two-step approach. First, they begin with an information theoretic primitive called a linear PCP, and they compile that to a two-round linear interactive proof system. Then, on top of the two-round and linear interactive proof, they provide a cryptographic compiler, namely linear-only encryption, that compiles it to a pre-processing SNARG. Let me briefly revisit for you some of the core building blocks of this construction. First, we have linear PCPs, first used in a work by Ishae Kusilovic and Ostrowski, and a linear PCP is just a long proof vector. And in a linear PCP model, we have a verifier, and a verifier is basically given access to a linear function. And what the verifier can do is it can submit a query vector to the linear PCP oracle. And the linear PCP oracle is simply going to compute the inner product between the query and the proof vector. And this can repeat several times and at the end, the verifier decides whether to accept or reject the proof. There are several concrete instantiations of linear PCP-based constructions based either on the Hadamard code or based on the quadratic spam programs and quadratic errors metacrograms of Genaro, Gentry, Parno and Rakoba. So oftentimes, and very importantly for our construction, the verifier is actually oblivious, namely the queries that the verifier submits to the linear PCP oracle do not depend on a statement being proved, nor do they depend on the previous responses. So what this means is that we can have an equivalent view where the verifier, instead of submitting many vectors, it can pack all of its queries together in a single query matrix where the columns are precisely the queries that it would have submitted to the linear PCP oracle. And in this case, the linear PCP oracle will compute the matrix vector product. Now, in order to go from linear PCP as the pre-processing snarks, the key idea is that the oblivious verifier would first commit to its queries because its queries don't depend on a statement being proved or the responses of the previous results. It can actually just commit to these queries and publish them as part of the CRS. What the honest prover would then do is it would take a statement and its witness, it would construct from it a linear PCP and then it would simulate the operation of the linear PCP oracle, namely it would compute the matrix vector product and send it to the verifier. Now, this is great analogy, but it doesn't quite work. And there are so many problems with this basic construction. So first of all, the malicious prover can actually choose the proof based on knowledge of the queries. If we simply publish the queries in the clear in the CRS, this cannot possibly work because the prover can now choose its proof based on what the verifier is going to check. And moreover, the malicious prover is not really constrained to only evaluating linear functions. The prover can do arbitrary things when constructing its proof. So we need some way of addressing both of these problems. So for the first problem, it's actually very easy. Instead of publishing the queries in the clear, we're going to encrypt them using an additively homomorphic encryption scheme. So the additive homomorphism allows the prover to still compute the responses over the encrypted query vectors. And the verifier at the end would decrypt the encrypted proof that the prover constructs and then apply the underlying linear PCP verification procedure. So it turns out that the second problem is actually a more severe one, which is that the malicious prover can actually apply different linear functions or different functions altogether to the different components of the query matrix. The way that we address this is we're actually going to make a cryptographic conjecture. This is the second step of a compilation framework where we impose a cryptographic, where we use crypto in order to complete the transformation. In our work, we rely on a new primitive we call linear-only vector encryption. Let me briefly describe to you what a linear-only vector encryption scheme is. So first, a vector encryption scheme is just an additively homomorphic encryption scheme that where the plain text space is a vector space over some field or some ring. So instead of encrypting scalars, we encrypt vectors at a time. And the encryption scheme should be both semantically secure, as well as be additively homomorphic. Namely, it should be possible given the encryptions of many vectors to compute an encryption of a linear combination of those vectors. The second part, which is the important property, is the linear-only property. And here, we have a fairly strong non-falsifiable assumption which basically states the following. For any adversary that's given access to a collection of ciphertexts and is going to then produce a ciphertext, there exists some extractor that can explain the adversary's behavior. Namely, the extractor takes as input this collection of ciphertexts and it outputs a linear combination such that any ciphertext that the adversary produces can be also derived by just simply computing a linear combination on the underlying plaintext vectors. So the way that this works is the following. So when we take our linear PCP, we take our query matrix and we're going to encrypt each row of the query matrix using our linear-only vector encryption scheme. And then, once the prover constructs a ciphertext, well, linear-only property says that whatever the prover strategy is, it can be explained by taking a linear function of the queries themselves. And this means that by soundness of the underlying linear PCP system against linearly bounded provers, we get secure soundness of the resulting snark construction. Let me just briefly compare with the framework of the tons to get all. So as I said earlier, their framework starts by taking a linear PCP and applying it first, applying an information-theoretic construction where they impose an additional consistency check to force the prover to commit to apply linear functions to the different query vectors. In our work, we skip this step and give a direct compilation from linear PCPs by making a stronger cryptographic assumption, namely linear-only vector encryption that bounds the prover to only apply consistent linear functions to the verifier's queries. So how do we actually instantiate this construction? So the main conjecture in this work is that rega-based encryption over the standard lattices, named, and specifically, the variant due to Pyker-Vicuntu-Nathan waters provide is a linear-only vector encryption scheme. So let me just show you how the decryption functionality works because that's the only part that really matters for the application to obfuscation. So in a decryption in the underlying rega-based encryption scheme, it's just computing a rounded inner product. The secret key is a matrix, the ciphertext is a single vector, and a decryption operation just computes the inner product between the secret key matrix and the ciphertext and then rounds to a small field element. And one way that you can see this if you're familiar with rega-based encryption is that each row is essentially an independent rega-secret key and there's one ciphertext vector that encrypts all of the entries of the vector. So once we actually take our linear-only vector encryption scheme and combine it with existing and known linear PCP constructions, we actually get a pre-processing snark. And here I give you some concrete comparisons with other constructions of snarks today. So I think the takeaway here is that using our new compiler because it gives a direct compilation from linear PCPs directly to pre-processing snarks, we actually obtain the first quasi-optimal snark if we instantiate using a ring-learning with errors-based assumption. And moreover, because our new constructions actually rely on lattice-based assumptions where all of the existing ones rely primarily on pairing-based assumptions, these are the first snark constructions that are plausibly post-quantar resistant and at the same time provide qualitatively and asymptotically better performance in terms of prover complexity as well as proof size. So at the beginning of the talk, I presented to you the problem of improving the concrete efficiency of obfuscation. So let me conclude by giving a few more remarks. So recall that to bootstrap obfuscation it suffices to obfuscate a program that implements FHE decryption and snark verification. Using existing FHE encryption techniques and our new lattice-based snark candidates, we obtain an obfuscation complete primitive that requires a multilinear map that supports two to the 12, the roughly 4,000 degrees of multilinearity and requires publishing about two to the 44 encodings. These numbers are fairly large but unlikely to not be feasible today but they are much, much better than a two to the 100 needed in previous black box constructions and we hope that future work will continue to improve upon these numbers. And moreover, by looking into this problem of bootstrapping obfuscation, it actually led us to constructing better snark constructions. In particular, our work gives of new direct and a more direct framework of building snarks directly from linear PCPs and these yield both the first quasi succinct construction from standard lattices as well as the first quasi optimal snark from any assumption, in our case, from the ring learnings with Sarah's problems plus this linear only vector encryption property. Let me conclude with a several open problems. All of the snark constructions that I described here based on lattices are only secretly verifiable or namely, they're in a designated verifier model where the sound is only holds if the proof system to verify the proofs requires knowledge of the secret decryption key. One important question is whether we can do it in a publicly verifiable snark get an analog of pairing based snark constructions. Another question is trying to achieve a stronger notion of quasi optimality. So at the beginning of the talk, when I introduced our metric for assessing the asymptotics of a snark construction, the goal was to achieve negligible soundness error against two to the lambda bound approvers. You can also stipulate that we should try to achieve the stronger notion of actually two to the minus lambda soundness against the same kind of approvers. And finally, our new matter-based snark candidates, we should assess the concrete efficiency of them because they seem to be lighter weight. They have asymptotically stronger properties compared to the existing pairing-based candidates. So we're in the process of actually developing implementations of these latter-based snarks and comparing them against the existing pairing-based candidates. And with that, I'll take the questions. Thank you very much. Thank you, David. So we have time for a question or two? Yeah, Elaine? So I have a question about what do you mean by the quasi-optimal snark? Can you explain or explain again? Sure. So quasi-optimality consists of two properties. So first is quasi succinctness which says to achieve soundness that's negligible in a security parameter against approvers of size 2 to the lambda. What we want is that the proof size is only quasi-linear in a security parameter. And the second property we want is that the prover complexity, so the amount of work it takes to generate a proof, that overhead should only be polylogrhythmic in a security parameter, so namely, quasi-linear in a circuit size. Yes, so that's what our new snark constructions achieve and is the first snark from any assumption that simultaneously achieves both of these properties. OK, time for one more question. I have a small question. So regarding the proof of security, so currently it's sort of like strong assumptions, right? Like virtual black box, et cetera. Is there hope to sort of base it on sustainability obfuscation, things that we believe to be sort of? Yeah, so right now I would view this construction as sort of a heuristic construction of obfuscation. So in terms of basing it on indistinguishability obfuscation, I think that basic bootstrapping construction is going to be rather difficult to make work in terms of a security reduction, because relaxing from statistical soundness to computational soundness will introduce problems there. So I think there's some theoretical challenges to even making a basic bootstrapping approach, but maybe with newer techniques we can do something about that as well.


T FNN headline news update Good afternoon everybody. I'm Tommy O'Brien comedy alive from T FNN headquarters in St. Petersburg, Florida 2 p.m. Eastern Time on Thursday two hours left to go in the trading day We got markets hanging right near record territory Dow Jones up a hundred and eighty three points trading at twenty eight thousand nine thirty one Nasdaq up sixty three trading at ninety one ninety two S&P's up twelve points trading at thirty two seventy two Go contract a little bit of negative action off six dollars at fifty and fifty three Oil with quite a day as well up twenty cents at fifty nine eighty But that is far off the lows that we had we'll pull up that oil chart in a moment and the dollar index up a hundred and fifty two Ticks at ninety seven four fifty one notes and bonds pretty muted action the tenure up three ticks at one twenty eight twenty eight The thirty are up fourteen ticks at one fifty six twenty six We'll start things off and jump over to the charts. We'll start it off with the Dow currently trading twenty eight thousand eight ninety three We're looking at the March futures contract We made it within fifty points of twenty nine thousand earlier today And we're now we're just at about a hundred points from that left price level Nasdaq one hundred lows of the day just prior to 1 p.m. At eighty nine Fifty three we're now a solid forty points off that level as the Nasdaq one hundred tries to get back above the nine thousand price point S&P's thirty two seventy two you see the highs for the day made just about at noon We're only a couple points from that level trading higher as we speak two hours left to go in the trading day We'll see if we can get another record close in the S&P's crude oil as I mentioned looks to be only twenty cents off of where we closed but check out that low We had just about at ten thirty fifty eight sixty seven We're about a dollar above that level trading at fifty nine fifty one Goal contract far off the lows that we made overnight of fifteen forty one We're currently trading at fifteen fifty three and the euro US dollar trading at one eleven oh five There's a fundamentally what you have out there for news weekly jobless claims at eight thirty a.m. This morning falling But number of unemployed surging to a more than one and a half year high that number coming in at two hundred and fourteen thousand for the week Ended January 4th, of course tomorrow morning. We get non-farm payrolls eight thirty a.m. Should be interesting to see how they come in And how this market reacts as no matter what seems to happen all-time highs S&P's right now thirty two seventy three the Dow up almost two hundred points at twenty eight thousand nine forty three Stay tuned folks Dave White coming up live with the power trading hour from two till three Tom O'Brien live from three till four. We'll be right back


Before you, my name's Nick Janicki. I started TrueRest about five years ago, and FlowPod technology is about two years ago. I want to share with you a real quick story. It's kind of funny. Mir is one of our first employees, and he still works with us. He came in for an interview, and I basically said, what's your background? He said, well, I love floating. I said, great, you're hired. We have a little more refined process now, but we're keeping that. He's asked me several times over the years. I'm still really confused on that first interview. That was just bizarre. I said, well, I can see that you had a passion for what you're doing. Flowdon, they speak the truth. If you don't have a passion for doing this, it's going to be way and incredibly overwhelming. What we look for at TrueRest is people that literally emanate love out of their heart. You can incorporate business processes with that, but passion is absolutely the key. It is the most important thing. What we're basically trying to do at TrueRest is grow a family. We're doing that in everything we do. You'll see in the video, we're going to talk about franchising and business processes and things like that, but the key really is giving people a tool.  It just gives you the tools to be able to get through some of the stumbling parts of the industry at first. Then the other part I want to talk about is just brand a little bit. Brand is an interesting thing. It allows the industry to grow and be recognized. With TrueRest, what we've tried to do is create a brand that encompasses the passion for the industry. That first interview that we still do is that person has to have floated. That's key. Every single key player we bring on as we grow has to have that passion. I don't have much time. I'm just going to show the video, but enjoy it and thank you very much. The last thing I want to say is I love this industry and I love this room. Every single person in this room, whether you realize it or not, you are an entrepreneur and you are literally blazing a path forward for the industry. What would be considered in marketing, everyone in here is an early adopter of the floating industry. Every single person and every single person we talk to is that passion is conveyed. Enjoy the video and thank you very much. I really wanted to take TrueRest to the next level. What we've done and what we've done since the beginning, since we opened in 2010 in Scottsdale, was really just take that atmosphere and bring people into an environment that would be comfortable, you know, making it clean and very friendly when they come in. We treat people like people. We shake their hand and we welcome them in here and they're in a vulnerable experience and we want them to have the best experience possible. So we've made the rooms gorgeous, you know, tile from ceiling to floor, just giving that extra personal touch. You know, we've really seen this jump in awareness just around the world of people coming to understand that, you know, we really need to come together and help each other. And when you're in the float pod and you get into this really peaceful state, you know, you just kind of meet with yourself and think about, you know, why are we even here and what are we doing? So, you know, how can we just share the love with everyone? Here at TrueRest we made careful consideration when we started to think about franchising. And so our biggest thing was getting all of the team players needed, which we now have. And so we are basically able to create a future of floating through the TrueRest brand with this miraculous team that you're going to learn about. It's essentially everything you need to be successful as a business owner. And it's mind-boggling how much is offered. You'll learn about architectural real estate, interior design, how to run a float spa. We literally have a float university catered to someone trying to start a business. It doesn't matter if you have no experience with a business or 10 years of experience of the business. We have the entire foundational team ready to help you out. That is awesome. I initially got involved four years ago in 2010. Coincidentally Nick Janicki just happened to open a float center behind my house. I could walk there. I got a job after my first float and it's been a journey ever since. Floating is growing at an incredibly rapid rate. Four years ago when I first got the job I was the only one in my circle of friends and family that even knew what floating was. Now four years later mostly because of TrueRest's influence in the community I'd say most of the people around me know what it is. A lot of strangers I meet on the street know what it is and you're really seeing the growth of floating speed up. I think in the next four years we're gonna see floating be just as popular as yoga, massage, any other modality of holistic wellness. My name is Jim Rowe and I actually got exposed to franchising back in the 80s as a franchisee. In 1999 I became a regional director for a master franchisor and had about 117 franchises underneath my auspices. Then in 2005 I became a master franchisor and I've been consulting for multiple franchisors across the United States. I am so excited about taking this out to the world but we're gonna take it out there from a franchise perspective to help people achieve their entrepreneurial goals that they would never have had the opportunity to do without us. My background is about 27 and a half years of architectural experience but specifically with franchises we have experience in having them do national rollouts in the United States and in North America so we can offer that to all the franchise the comfort of knowing that we have that background. I've been designing spas for about 21 years. I have several in Funchal, Portugal. I've done spas in London all over across the United States. I worked with Miraval on their holistic environment, the whole complete environment so I have extensive experience. When you come in I want the experience to be very holistic so when you come from the front door all the way back to the float experience I want the colors to be soothing. I want to be very natural environment, very relaxing. I want the colors to be soft like water. I want to be textural and I want the experience to not just be just about the spa floating but when you come in through the entire experience when you leave. I was really intrigued by this whole concept and once I started using it I knew there was something really unique there. As it stands right now the structure has actually been designed from the portions of the flower of life and it's actually included in the structure itself. The size, the dimensions of the pod are using sacred geometry and the golden mean. This is a place where we are going to explore self and we want to use these dimensions or to help us and to make this easier for us to do that. In the new truest pods we're investigating and working in concepts to remove EMF radiation using concepts like Faraday cages that are actually going to be built into the composite structure itself. We want to create the best flow pod in the world. My name is Joe Polish I'm the founder of a company called Piranha Marketing and Genius Network and I help high-level entrepreneurs become better virgins of themselves. The reason that I'm part of the advisory board with true rest and with flow pods is because from what I know the founders personally and they really care about delivering a world-class experience. I actually learned about it because I was an actual client. I went and floated and I experienced you know when you go into the center there's a video that's shown what actually happens and you know they just they have a great way of packaging it and taking you through the whole experience and so I think you're going to really open your minds up in your whole perspective on how you're going to package and position a company by being involved in true rest. There's certainly going to be a lot of different companies they're going to try to get into this business but you know my my belief is the people with true rest just have it dialed. They have great experience that you're not and they've got years of understanding about this and they have tried many many things and they've aligned themselves with some of the best people on the planet to not only deliver a really great client experience but also know that the business operations are sound and that you're getting the best equipment the best marketing the best campaigns the best packaging and and that's why you should take a look at it. My name is David Humphrey and I'm the CEO of DTH Capital Ventures. I'm the former CEO of Massage Envy the largest spot chain in the world. I think franchising is a fabulous avenue for growth of floating. It fits perfectly in a franchise model. You don't have to have a long background in the in the industry to start it. You don't need a lot of money to start a franchise location that's not complicated to run. You don't need to hire a huge staff. All the criteria that you look for in a successful franchise are present in floating and my prediction would be that you'll see the emergence of true rest as a major player because of its franchise model. It's an exciting time to come on board with true rest because I think there is the potential for this industry to take off the same way the massage industry took off 10 and 15 years ago as more and more Americans are exposed to it and understand the benefits. That kind of explosive growth has every potential of happening here and it's always fun to be associated with that kind of a growth story.


This is Stink Tech, Hawaii. Community matters here. But I have good— Talk about provocation. Have we got provocation? We've got Toby Kimcage. He's the founder, CEO, president, and all-around guy at Solar Dine. Ah, welcome to the show, Toby. Jay, thank you, Aloha. And thank you so much for coming. Aloha. I knew we'd lower, man. Yeah. And I speak for everyone when I say thank you for all your years of advocacy. It's really a pleasure. You've got such a group of talent here. And you kind of bring them together like the conductor of a symphony, a little more viola, a little more trombone. Yeah. You're wonderful in bringing everyone together. Yeah. For everyone, I say thank you. Okay. You done? Yes. All right. The show's over. That's it. Toby, what about about Solar, Toby? Yes. We're talking about, you know, the new wave in Solar, okay? Yes. And we always like to start with top-down. So I asked you before the show, you know, what's news? Give me news. You know, and first you said, well, Solar has been constricting, I think, with the word you use. But now that something else happening is a sea change. We like sea changes. We want to know about them. Toby, what's the sea change in Solar? Economics.  So what's new is now we can package the technology and we can package the money. If you pack those two together, you have an underwriter come up with the money and if you just agree to use it at a certain rate, we can pay the underwriter, everyone gets paid and gets their money and this is a sea change because now the consumer doesn't have the burden of this huge economic weight of, oh, let's buy a Solar system. Okay. I like it. In fact, I've had similar ideas. But, you know, one thing is if you have an investor who invests money, he wants to return. Somebody has to pay him for the return and they have to return his capital. Isn't that going to be me? No. Well, it will be, but bit by bit, bite by bite.  You pay $2.99 a month. So it's an underwriter that will come in and put that up front money on. We just need to know that you're going to use it. And if we have an idea of how often you use it, that cash flow will support this entire package without the burden being on you, the owner, you have to buy the car, the insurance, the gas, everything is on you. And now it's going to be on us. Us, the investors. Us, the investors, and in continuity and with the users themselves. So the investor is part of it, he has to come up with the cash, he or she. But to answer the real question, what's my rate of return? So it comes up to 50% of your money on top of the principal in five years. So it's a 10% levelized return. That's pretty good. It's not bad. It's good for the investor, but can I tolerate that as a consumer? Yes. I know you can because you already have a gas bill, for example, with your car. And if you look at how much money you spend per month, as I'm sure most Hawaiians pay quite a bit. So that's the money we're just going to redirect. So if we could charge your car with solar energy, we don't have a fuel cost. We can package the technology, makes it very easy. And on top of that, you as the consumer don't have to deal with regulatory affairs and the permitting and permissions. We're going to take care of all of that and drop these stations down. Are you starting to get it now? I mean, what he's talking about is a new model for investment in solar, solar being the operative word, where the consumer kind of gets a break. But so does the investor, so does everybody. And it bypasses regulatory slowdown, regulatory constraints, so to speak. And he's talking about, ooh, I didn't realize this at first. He's talking about transportation. That's what Toby is all about. He's about transportation. So how is this going to affect my life? I get up in the morning. OK, how does my life change? Well, on this island, you have, what, 900,000 cars? So I'm sure you're noticing with all the congestion in the highways and everywhere you go. I do notice that. Yes. And I thank the mayor every day. Well, one solution is we could support a ride share program. Now, just what you're doing with the bikey program that's available everywhere, we can actually put these stations where you actually go in all the parking lots. So you charge up in the morning from home, come out to wherever you're going, employment, or out to eat, or shopping, whatever it is, having a meal. And that's where you're going to plug in. So you charge where you park. And that makes it a really wonderful idea for people who own those businesses to say, hey, come over to our place and we'll charge you a car while you're having a meal. Wait a minute. I park. I park in various places. I park where I have to go, whatever I have to do. I park. Are you going to provide me a solar charging station? That's a lot of solar charging stations, Toby. Well, there's a lot of parking spots. OK. And that's the wonderful thing. They're all over the island. And we can, with this new technology, just drop them right into the space. We don't have to have a foundation. We don't have to penetrate or change. We don't change or bend a blade of grass. OK. And we drop them right into the space. As long as there's solar access, you're in business. OK. I feel like there's a slide coming on. Do you feel that? There's a few of them. There's a slide. Let's see. A slide would be helpful. That's not a solar station. Well, this is a quick little slide. I'll just go real quickly. OK. What's the problem? We live in a world of toxicity. Soil pollution, water pollution, air pollution, mercury pollution, all of this comes to the fuels that we burn. So in the bottom there, I thought, what's the challenge? If you put it in terms of light bulbs, every man, woman, and child in North America burns 250 light bulbs continuously. And when we add all this energy up, that's a big challenge. So we can go to the next slide. So to overcome that, we need some solutions. Now here is just a quick little calculation. We don't have to go full thing. But could you power Oahu with solar energy? So I did a calculation based on your resources and how much that you need, the 6,700 gigawatt hours. And at the end of the day, it comes out to about 8.8 square miles. That's about 1.5% of your land. Now let's derate that, double it, 3%. But my point is, do you have the land already used? Here? Parking lots right now. Here on Oahu, parking lots, space on military bases, even the roadways could be covered. Do you have the land? Talking about shade. Shade is a good thing. I don't need to burn my head all the time. Exactly. I have that problem, too. We have something in common. OK, so you've got to slide about how you do this with the shade and the solar. Right. And not chicken scratch. Now we're real slide. Maybe we'll jump to the pictures if you have it there in the studio. That's the last JPEGs. Well, we're going to go in through. This was very quickly kind of five different stations. One goes in the parking lot, one goes in your driveway, and then there's three solar hydrogen stations that are each 10 times larger. That's all you need to do is, as many of these distributed around the island is. Oh, it's beginning to emerge now. I see something. OK, you go to the next slide. There's a roof on it. OK, here we go. All right. Now, this is a complete power plant that we just literally assemble on a trailer, drive it to the spot, and on site we lower it down hydraulically. So it takes about 10 minutes to install this station. And now you can drive in, plug in, and we're going from photons to fast charge. You're putting the sunlight directly into your car. And the array is a four kilowatt array. That's about the size that you put on your house. And this is going to provide that change. That's a lot of power, then. That's a lot of power. So it's a level two charger that you're looking at now. And that is what's stipulated by the government they'd like to see. So what's wonderful about the station is we can put it down, we can take it up, we can move it, we can put it anywhere there's a flat surface. And that is the real economic sea change. OK, let me, the jury has some questions, Tobi. You bet. All right? That's Tobi Kinkade. I can ask him questions. He's quick. Absolutely. Let's go back to that. OK, so this is a solar panel roof. You can't tell whether it's transparent or what, but I guess it's going to give me shape. It's opaque, so it's going to give you shape. OK, and it'll prevent rain, for example. Absolutely. And it keeps your car from getting so hot. Have you ever walked into your car and you can't touch the steering wheel? Right, all the time. Now, this has a little tracker that gives us 25% more energy. It's just a small one-axis tracker, so it follows the sun. Right, like a sunroof. The roof moves, yeah. Exactly. So, OK, and it operates independently, so it's operating on the energy that it is creating out of the solar panels on the top. Absolutely, 100%. OK, and I guess the motor that moves it is over where it turns, where the shaft turns. That's exactly right, all on the tower there. OK, now the steel plate or plate, whatever it is the car is located on, that's part of this unit. That's right, and that's, we call it ballast mount. So we don't have to penetrate anything. We can just set it down. This is heavy. It's very heavy, and you can't push it over, you can't blow it over. It's a hurricane rate. Nobody's going to be able to take it away. No, you can't put it in your pocket. OK, I guess I could say that big thing in front of the car. Is that part of the unit? Yes, now that's the battery bank. And in the batteries, of course, that many batteries is large, and it's pretty much equal to what a car battery holds in the electric cars. And so, with the sun is not shining or it's late at night and you still want to charge your car, no problem. The battery's there 24-7, and you can charge directly. Now, imagine this in your driveway. You have a blackout. What are you going to do? Well, you could actually use your station to run your house for a short time. Depends on the load, but it's an industrial system and you could use it for an emergency. What was it, four megawatts? A four kilowatts, yeah, four kilowatts. OK, anyway, all right, so this is good. So there's another few pictures. I can have this in my house. Absolutely, we'd put it right in your driver. But I can't have it in every single parking spot and have it here and there, but not every parking spot. Not every single parking spot. But I did an aerial survey and you have lots of parking spots. You have hundreds of thousands of parking spots. Use drones for that? Well, I use actually Google Maps. OK. But with Google Maps, we can actually look down and count, I counted up all the spaces to find out how many were over 100 stalls. Crafty fellow. Well, you have a statue, 089, that says everything over 100 stalls has to happen. Oh, sure, we know about that. And the problem is how do you trench in these remote parking lots, how do you trench the power? That gets expensive. So this technology's perfect because you just drop it in place and save a lot of money that way. Oh, exactly. And investors love that the underwriters are now listening to that. Yeah, we don't like upfront costs. OK, right. So let's call this a charging station LLC, OK? Right. So I go down to the Department of Commerce and I form one. An LLC dedicated to one charging station, right? One. It's like the taxicabs in New York. Every taxicab is. Because they're medallion. One medallion and one corporation. Every corporation, one. And so it's one to one. Same thing here. Same here. Everyone will have its own bank account, in fact. So we can track what's coming in. We can put advertise. Electronically, I hope. Yes, absolutely. Imagine Hawaiian Air has all of that CO2 they pump out. They would love, I hope you're listening, they would love to sponsor this because they could have their name on it. And say, hey, for frequent flyers, how about frequent charging? Something like that. It could bring everyone together because we all want the same thing, clean, powerful. It's got the standard connector, right? What is that called? SJ67? What is it called? That's right. Well, it's a J1772. But the J1772 one, I bet. That's OK. But there's an SME. And the fix all the cars. Yes. That's right. So in the fast charge world, there's Chathamo for the Asian makes. And then there's CCS for the European makes. And then there's Tesla, which we can do with an adapter. So we can move into fast charge. These stations you've been looking at are kind of level two charging, which is kind of the middle range speed of charging. But we can get 16. That's a 220. That's right. And it takes how many hours to charge with average car? We can push in from the sun about 16 miles an hour of range. But each station will produce in one day 150 miles of clean transportation from a parking space. That's over 4,000 miles a month from a parking stall. Now that puts it in perspective. So you have these scattered all over the island. No one has range anxiety and charge chasers, a word I just learned, where people are looking for a place to check. The burden is on the driver to not only go with a clean electric, but then to try and find a place to charge. No, no, we want to put a whole fleet of these everywhere. Very easy. And then we can combine our revenues. And maybe for everyone who lives here, it's $2 an hour. And for everyone as a tourist, you have to pay market rate. OK, let's talk about that. I do want to get back to my LLC thing. Yes, yes. So $2 an hour. For example. And he has an account. Right. And does he have to put a credit card in? Or is it automated, Toby? It's automated. And we'll have a little sun card or sun club or driving on Sunshine Club. And the more you use it, the more maybe you'll get those frequent fire miles or you can shop at Lowe's or Home Depot and say, hey, charge. And we'll give you some discounts or have a meal with us. We know you're doing your best. Let's reward the EV driver instead of making it so hard to do the right thing. Yeah, this sounds good. Let's make it easy to do the right thing. Make it easy. And you can put it on gas stations. A gas station would take it. Absolutely. And these are sun stations. It's a natural fit. It's a perfect fit. So if you have a fossil car, then you can get fossil fuel if you want. But better yet, if you have an electric car, you can just pull up in the gas station. And OK, but how fast does it 220? What do you call it? Level 2 is about 16 miles per hour of pushing vehicle range into your batter. Is that fast enough if I'm stuck? Well, it's level 2. In fact, we can quickly have a little truck rescue, but you'll have so many charging stations available, you'll never get stuck. You can go 16 miles on the next one and so forth. Yeah, well, that's just per hour if you park there half a day for work or whatever. And we're thinking about level 3? Oh yeah, fast charge is what we really want. Yeah, yeah. Photons and fast charge. But this is a way to get into the market. That's right. This is what we have now. It's proven in the field. We know how to do it. We know how to work with it. And then in the future, we'll upgrade to the fast charge. Yeah, the future is what it's all about. And that's why we're going to take one minute break. And when we get back, we're going to talk about the future, Toby. Toby Kincaid, Solar Dine, right here on Think Tech. We'll be right back. Raising public awareness. I'm Kaui Lucas, host of Hawaii Is My Main Land, here on Think Tech Hawaii Fridays at 3 p.m. Boy in Standard Time. We explore environmental issues, political issues, keeping it local any way we can. Aloha. I am Dyson. What's happening, guys? We're back. I'm Jay Fidel. That's Toby Kincaid, Solar Dine. We're talking about a very creative guide, a very creative project. So let's bring out the picture of the red car. It's like the women in red, right? You bet. OK, the picture of the red car. Bang, watch. What is that? That is the future. In the future, we're going to combine, oops, women. That's another one. You must have a resident artist in Solar Dine. I'm afraid those are my scratches. But the next model, the next level, the real future, is the future of transportation where we combine the station and the car. And I monetize the car, which means you could rent this car for a low amount of money per hour or per minute. Now, we have a couple of companies in Portland that do this model with gasoline cars. And they're busy all the time. I see them in front, and then they're gone. Someone grabbed another one. They just take their smartphone, walk. Car share. Car share, yes. This is the infrastructure for Uber and Lyft. If you're listening, contact them. They've got to be going there. They've got to be your competitors, though, aren't they? Well, they can work with me or not. It's up to them. I recommend they work with me. Because we can move fast.  There's a little optical reader.  The green light comes on. Can you do that one more time? Then you can walk into the car, and you're good to go. Drop the car off anywhere. Someone else will pick it up. It's actually just for what you need. It's all GPS, so everybody knows where it is at all points. This is the 21st century, Jay. We live in a world where I'm from the old days where we didn't have these things. We had abacuses. It's just been the transition to that. Abacuses, this is over. Well, this is certainly fast. OK, so this is the same kind of top down with the solar roof. And what we did is we braced it up. Yeah, this is a newer one. We've braced it up, and we've added an LED display. Now that requires permitting the display, because there's rules about it. What are you showing? You're showing instructions. Well, instructions are advertising. Ah, advertising.  So the idea of communication, transportation, and energy, all three separate things now combined into one integrated system. And that's how the economics are really going to go fast. Putting it together, then. Yes. It's what you showed in the first picture. But it's faster. It's maybe a fast charger at number three. Exactly. And you get a package deal. You get a bundle with a car and the charger. The whole thing. And that would be the future. And I'm sorry, car company dealerships, but what do we need you for? Why would you buy a new car when I can give you a Tesla or an i3 or anything you want, simply with your smartphone by the hour? And not very much money, either. We could do these for $20 an hour and do it by the minute. So it's only a few dimes. Well, in Hawaii, that might not be a problem. But if you have more distances on the mainland, that would be a problem. $20 an hour, one of the prettiest kinds of things. Well, it would be. But if you look at the costs of Uber drivers and Lyft drivers, because they pay everything. They pay for their car. They pay for depreciation. They pay for insurance. They pay for gas. They pay for cleaning. They pay for everything. You add that all up. This is less than that. So by providing the infrastructure for the drivers themselves, this would be the car of choice. Oh, talking about drivers. That's where I'm really at Lyft. That's really where I'm trying to go. Oh, boy. And so it's more than that. It's an integration. It's a bundle of the car, the solar, and the driver, too. Precisely. That's the future, Jay. And it's very easy for the driver. They get a brand new car. It's clean. It's nice. Remember, in an internal combustion engine, there's 2,000 moving parts. An electric car has 20. Well, let me do the math. They say that it takes $10,000 to maintain a car these days. Yes. A per annum. Yes. So if I spend, say, just say two hours a day. Just say that. And that's, let's say, the 300 days. So that's negative $7,000 per annum at $20 an hour. No, I did the math bet. $20 an hour. Say, two hours a day and say 300 days a year. What does that come to, quick? $1,800. All right. It's not that much. No, it's not. Maybe less than $20,000. Well, here's what we'll, yeah. The federal government says the cost for you to maintain a vehicle today is $0.20 a mile. That's the cost of your oil changes and your tires and all of that stuff. But an electric car, it's $0.02. So why throw the $0.20 or $0.18 away? Why do that? Why not just be able to access the car? And it's a whole new world. All of the problems, the oil change companies, sorry, got to go. The dealerships, sorry, got to go. The insurance companies that have people paid for their insurance? Insurance is included in your bundle, isn't it? You betcha. The whole thing. Probably get good rates on insurance that way. Absolutely. There's a group policy of that. They're kind of excited about it. I see three problems. Please. First problem is resistance, because people like their fossil cars. They really, really, really do. It goes back to Archie Andrews. They like their fossil cars. Yeah, we like cars. You got to get through that somehow. But that's another conversation some other time. Second problem is that you've got to pay to have the bundle. Somebody's got to pay. And that costs money. So you've got consumer resistance to pay that much money, the $20 an hour, whatever, comes out to be. I'm sure you can make it cheaper over time when you refine your systems. The third problem I see, we can address these all together, the third problem is raising the capital. And we were going to get back to that. Right, that's an important question. Charging station LLC idea. So let's talk about forgetting the resistance about fossil cars is another conversation. But let's talk about how you get people to buy into the notion that this is actually cheaper than owning a car. And with the bundle involved, it's more efficient than any other way to get around town. Well, let's take that. What does it cost to own a car? You have a car payment. You have an insurance payment. You have the repairs and the maintenance payments. You have gasoline payment. I just say to anyone who wants to use these cars, add that up. What are you paying now? Because if you go the miles using these cars, it will be less. It will be. So I don't have to convince anyone their own pocketbook. And as far as the point you made about, we love our muscle cars. We love cars. Absolutely, have you driven an electric car lately? They're gorgeous. They have instant torque. They can put anyone to shame. These are not small, little pedal cars. These are monster cars. Clarification cars. They are fun. If you want to accelerate, there's more torque at 0 RPM. You'll never get a better combustion. But you know, one thing we haven't talked about is an expense you haven't identified yet. And that's the cost of the space. Ah, that's a quick question. I go on that, say, the garage, the gas station. Garage, boy, that's out of there. That goes way back. If you go to the gas station, you say, I want to put this here. And he says, hey, that's a lot of square footage. Well, yeah. He doesn't have much room. I'm going to charge you red for that. Well, that's fine because the gas station, you're making a good point, is a kind of a small thing. But the parking lots are wide open. And I've been studying your parking lots. It's what I do. And what I see is you have enormous amounts of land, square miles of parking lots. And this providing shade that we can drop it in, where the idea is to make it convenient, make it easy for people. And they'll love it because they have no upfront cost. We're going to get the underwriter to pay that. We just need to know how many people will use it. And then we'll aggregate that to pay the underwriter. The underwriter's happy because they have a reliable piece of equipment that has value. It's collateralizing the note. So not only are we going to pay them and promise to pay them, but they own titles in my hardware until I pay them off. And I get it back. You come to the gas station, man, and say, look, I need, I don't know, what's the footprint of this? Well, there's not much in a gas station. He might not like it or she might not like that. But the parking lot owner would, because you hit the key point, cut them in, give them a piece.  Yes. Give them a piece of the action. You're not going to want to pay them. Give them a percentage of the action. So you'll give them an accounting, so to speak, of how much you earn on this machine. Exactly. And you'll get a check or electronic payment every month, whatever it is. That's right. Of course, of course. But that's the key is you've got to cut everyone in. And if it's the law that says you have to have a charging station, let's buy it for them, give it to them, and give them a little piece. Then they might even promote, hey, at our steakhouse, you could come and charge. Sure, it could be any parking lot, too. Absolutely. And there are many. And maybe that satisfies that statute you mentioned with the required number of parking stalls. The white state law, what are you doing? Yes. Exactly. So he's motivated, because a lot of people actually haven't complied with that law. The low-hanging fruit was taken, and now the people that are out of compliance have just are facing a huge cost. And so that's a trench and all in and all the grids, just hundreds of thousands of dollars. How about zero cost? And you get a check. You get a piece. That's pretty good. So on that level. And furthermore, I'd like to say that if the gas station guy doesn't want to do it, that's fine. You go down the block, because there's always somebody who's going to want to do it. Some people do like to make money. And those parking lot owners are particularly interested, because it's just the most valuable real estate in the city. I tell you, it's the most undervalued asset in America. There are parking lots. And in fact, one third or 40% of Houston in the city limits is all dedicated to parking and cars. Well, it used to be. Yeah, now it's going down. Now it's going wet. Now they're just, yeah, well, that's a good point. But shouldn't that even inspire us more not to keep putting carbon into the atmosphere? It's going to express. And it's going to express violently. And we don't want that. Yeah, by the way, just a footnote point is you could put an air, a tire filler air device in this machine and just run it out of that big pod. So if it's tires are low, we can do that by himself real quick. Really? No, no, absolutely. That's the idea is to keep that. We're adding little USB ports. You can charge your wheelchair, your phone. If you have a disaster, if your grid goes down for whatever reason, how are people going to communicate? You need these power supplies distributed everywhere. Yeah. So there's a nice example. Oh, you might even say if the utility wanted it back, if they wanted to wire it, you could even sell some of the power back to them. Absolutely. There's a big advantage, in fact, in working with HECO with any utility so that when they need energy, we can. Yeah, just got to wire it up. That's all. That's it? We only have a minute left. I'm sorry about this. But I wanted to ask you about the LLC. And we talked offline back when I got the idea that this was not cheap. If I wanted to go down and buy one of these things, it would cost me $40,000 plus. And if I had to do that, then I certainly want to arrange an investment vehicle of some kind, hence the LLC. So if you do that, and if we, me and my friends, put in the money in the LLC, we don't really have to get PUC approval.  And so are you going to create a kind of investment machine, a vehicle? I shouldn't use the word vehicle in this context, but a vehicle so that me and my friends can buy in and then get a return. And can you tell me that I'll make, you know, what, 10% a year on that? Yes, because those are all set in the contract. So the rate of return is a particular payment that gets applied. And it turns out that 50% on top of the principal over five years amortizes out to a 10% internal return, rate of return for the capital. So you get, and plus you have title to the capital to collateralizing it until you're paid. So it's a five year note. And then once we pay that down, we've eliminated the burden to someone having to buy these stations. We just want to know that you'll use it occasionally. And my share of that would be a proportionate part of the $40,000, whatever it is. Whatever the amount is, and we'll include a contract for five years. Since it's a limited partnership or a corporation, I don't really have any personal exposure beyond what my share of the acquisition cost is. Exactly, exactly. All she was. And at the end of the day, we can even transfer the title to that LLC if we had a large purchase agreement or a sale of the equipment to the, and of course, it has to be a maintenance agreement too. That has to be included. And you would maintain it for the LLC. You betcha. Very interesting. Where's my checkbook? Can you bring my, never mind. Thank you, Toby. It's been wonderful to talk to you. You are so energetic, and I do need to know the name of your vitamin pill. Thank you very much. Aloha, Toby Kincaid.


Hi Kathleen, this is Ashley with Hawkes Want Toyota. Thank you so much for your interest in leasing a new Toyota. I went ahead and scheduled your appointment for Saturday at 1.30. Please remember to ask for me once you come in. If you need anything in the meantime feel free to give me a call. My number is<PHONE_NUMBER> or you can also reply to this email. Thank you so much. Bye.


It's Wednesday. What does that mean? It's not just like a throwaway hour. We're not gonna do anything. No, we have lots to talk about. We are four sleeps away from finding out which two teams do, deemed, or destined to meet each other in Arizona at Super Bowl 57. Which two teams will be interrupting a Rihanna concert out there in AZ? So as we look ahead to Conference Championship Weekend, I want to talk about a few things that I think that we are underreacting to. We always do underreactions every Wednesday and we're gonna hit up a bunch of teams. We will start in the natty because we like to kick that off that way sometimes on this program. And I think, and in fact, I know, I know that we are underreacting to how big the Bengals edition of Hayden Hearst has been. If there was a lot of applause track, I'd hit it right now because he deserves simple love. This off season, listen, fan favorite, veteran in the locker room, dresses up like the Will Ferrell in Elf, CJ Uzamo, who we know, we love. He leaves to sign with the Jets. That was a bit of a hard one for Bengals fans in a post Super Bowl loss era to swallow. He was Cincinnati and replacing him was gonna be a bit of a tough task, especially with the front office planning to invest most of their cap in the offensive line and what they needed to do there. The solution, my friends, was bringing in H squared. Hayden Hearst, who by the way had the misfortune of playing behind Kyle Pitts in Atlanta, right? After beginning his career behind who, but none other than Mark Andrews out in Baltimore. So this is like, I'm always second fiddle. I'm always the guy behind the guy. Hayden's first shot to really shine, take advantage. We don't know much about him really until now because he was always in those positions and finishing fourth among tight ends is insane. Lots of tight end play was incredible week in, week out this year. He hauled in, this is more insane, 76.3% of his targets, okay? But the win over the bills was the icing on the cake, the cherry on top, right? This was a statement, people. Putting up a season high 59 yards. This hurdle was so good. He hurdles his way to first downs, converting four of them on the day. The hurdle kind of is my favorite thing I've ever seen in a long time though. And then this touchdown that you're seeing, right? He scores this on a sweet little double move to put the bangles up 14 nil.  So far, of course, we'll see what happens this week and potentially two weeks from then. Because not only is he about to play in his very first AAC championship game. Remember, this is a chance to settle a score. Listen, DJ Reader don't want to give me any bulletin board material, but there's a score to be settled with Justin Reed. There just is. And in case you need a refresher, and I'm sure you don't, here's what Justin Reed had to say leading up to the first game between the bangles and chiefs this year, and that was back in week 13. You know, and they have 88 Higbee. No, it's not Higbee, it was with the Rams. Yeah, tell me about Higgins. It is Higgins. It's Higgins, Higgins, Higgins. They're gonna have him back. He's a very talented receiver too. More of a finesse type of guy, not the best blocker.  So, you know, we don't have to come out of the game. Like I said, play our best game and go out and do it. And any other week, I would put this to rest and not even talk about it, but because I know that the bangles are feeding off of disrespect and they're looking for things to feed them, I'm gonna feed into this just for that reason. The disrespect, he's talking, he thinks he's talking about Higgins. No, he's talking about Hayden Hearst. That's who he's directing all of that. I don't know, what is he about? The next thing. And here is Hayden, by the way, has a long memory. He did not forget, take listen to this. I laughed a little bit. I don't know.  Nah! I'm glad Hayden has that long memory because he wasn't that noticeable in that game because he got hurt. He hurt his calf and nine plays into the game and we didn't get to see this sort of play that we saw last week in Buffalo on the field in that matchup. So I'm super grateful, grateful and gratitude on the Wednesday, putting it out there. If you get one more chance on Sunday to see Hayden just and read all of that, or just Hayden, just Hayden in an AFC title game for the first time that should have no shortage of drama. All right, that's something that I think we're underreacting to. What a good addition, well outperforming what my expectations were for this Bengal squad and Hayden Hearst individually as a tight end in this offense. All right, sticking with that AFC matchup, I think we're underreacting to something that is weird and will change, likely to change, crazy that it hasn't changed. This is a statistic. I love Chris Jones. Everybody knows it. Chiefs, he's an all pro defensive tackle, 15 and a half sacks. He does not have somehow a sack in 13 career post season games. This is crazy. This is just weird. There's nothing, there's no bias. This is one of the most prolific pass rushers on the interior that this game has ever seen. Just this season, if you take a look, he finished with, like I said, 15 and a half most among defensive tackles fourth in the NFL overall. This made him the first interior delinemen in NFL history to record multiple seasons with 15 plus sacks, okay? And this morning, he was revealed alongside Nick Bosa and Micah Parsons as finalists for the defensive player of the year. Well deserved. He's an absolute monster, should be feared. And I feel like he doesn't get enough credit for how dominant he's been over the course of his seven years in the league purely because a guy named Aaron Donald exists and plays the same position. It's kind of like Hayden Hearst playing behind guys. I think he's a bit in the shadow of Donald and it's not that cool. But Chris really is, if you're looking at his NFL journey, he's probably not worried about this, but I'm intrigued by it. He's carving out a Hall of Fame worthy career of his own, right? And these things matter. And that's what makes this weird post-season 13 game drought super strange. So I'm sure he doesn't like that we're talking about it because he talked about it last week. And I don't anticipate any more questions leading up to Sunday because it's going to be hard to top the answer he gave reporters about this. I thought he was going to ask the question. Unfortunately, I have 10 to 11 playoff games, no sacks. That's not a huge priority, but I'm going to make sure I get what this go around just to set you guys up. Okay, so we're talking about the Bengals side, right? They're motivated, they feel slighted, they feel like underdogs. In this matchup, are the Bengals in that locker room? Do they really feel that way? Are they, are they going to let loose a little bit? Like it's Mahomes, he's not 100%. We've taken care of business against his team. We're okay. Whereas you have a guy like Chris Jones. And I'm talking about Chris Jones as a single game wrecking player on a team that needs somebody to step up because they do have something working against them in this huge game, hosting the AFC championship game. Is this the kind of stuff, not the kind of motivation that's going to make Chris go next level? I think it is. And it's going to be on his mind this week, especially given how close he came in last year's AFC title game. Do you remember this? Are we kidding? Third and seventh, fourth quarter. Jones had burrow. Oh, so close, not once, but twice. And Joe, my gosh, this is insane. Rah, Rah, you got it, you got it! No, I wasn't able to do it, okay? Man, he was able to slither away somehow that sneaky little burrow and pick up a first down in that one. It was one of the most and more memorable moments of the epic comeback for Bengals fans. So I'm sure Jones wants to erase that this Sunday. And honestly, it's kind of hard not to root for him to just get one and end the narrative. But whatever happens, given all that Chris Jones does to better the players around him on this D-Line and everything he's done to contribute to the Chief's success in recent years, I don't want to see anyone trying to use this bizarre statistic to define him in any way. It is truly bizarre. And congrats on being nominated for defensive player of the year, Chris. That is incredible. And I hope you take it home, that's amazing. And we could do yoga in the off season on our show if you ever wanted to. Like we did on the sidelines in the pre-season. Just saying. Lastly, and you guys can tweet up in Adam's show. Lastly, I think we're underreacting to the brilliance and the fortunate decision-making of Howie Roseman. He's a genius, okay? I don't know if it's because he won one and it's like almost I'm a homesy and thing where we're like, oh, that's crazy. He doesn't look past. And it's normalized. Like Howie makes crazy savvy moves and it's just, oh, we don't care about it anymore. It's watered down somehow. We have to take a second here and not allow that to happen. And it is time to point out what Howie has done with this football team once again. And we want to start with selecting Jalen Hertz. I don't want to take too much time in the history books here, but 2020 second round, we all remember the controversy well, well documented. You have Carson Wentz, what is this? He's never going to be a starting NFL quarterback. What's the point of taking him and putting that pressure on Carson? Don't do this. Well, we know how that has played out with the Eagles trading once away and Hertz turning into an MVP caliber quarterback. So that move in and of itself brilliant. Beyond the genius of picking Hertz, his selection then opens a door for a masterclass of wheeling and dealing that has built the foundation of Eagles championship roster situations. And let me explain. The Eagles, they dish Wentz to Indy for a first and a third, right? And I'm not going to get into the minutia of everything about the deal, but Howie made a flurry of deals after that involving those two draft picks and flipped them into this. Yeah, it deserves some jazzy music. AJ Brown, Devonte Smith, who's been crushing at this post season. Are they here without his play? I don't know. The 10th overall pick in this upcoming draft, okay? Courtesy of the Saints and a 2024 second rounder. Okay, let that sink in for a second. What you just saw there and what I just said, that is a direct result. Ipso facto, what so have you of the Carson Wentz deal? That's brilliant. And if it wasn't enough, he went out this off season and he stole Hassan Redick on a three year deal, okay? Hassan finished second in the league with 16 sacks this year and absolutely wrecked shopping that went on Saturday night over the Giants. They're not here without him. He stole him. Also scooped up James Bradbury, the Giants cap casualty who played his way into an all pro nod this season and picked off Daniel Jones in the divisional round win. And he's now the mayor of Shutdown City according to our very own Darius Butler. How crazy is this? And Howie lands the best nickel DB in the game, CJ Gardner Johnson in another deal with New Orleans Saints fans. Cover your ears, ear muffs, Nola. I don't wanna gloss over the hire of Nick Siriani either. Like, no, who thought that was a great move at the beginning? What? I talked to Boston Scott yesterday. Well, we talked about Nick Siriani. I'll show you that a little bit later this week. But it's been, remember that opening press conference? The flowers and that stuff that came after that, okay? He's been a home run hire for this organization. One game from playing in the Super Bowl, coaching a Super Bowl. So Eagles fans, all NFL fans appreciate Howie Roseman. You are allowed, in my opinion, you guys can tell me how you feel. You're allowed a Jalen Rager, no offense to Jalen Rager. You're allowed a Jalen Rager every now and then when you're able to consistently get on base, score runs and hit on talent the way that he has. If the Eagles go win another Super Bowl under this regime with a totally different quarterback and core group of players, okay? We need to start talking about Howie Roseman who's one of the greatest personnel guys in the history of this game. It is bonkers what he's been able to do. And with all the talent, how he's gotten comes pressure to cash in this season. I just want to note this, because we're thinking about what's on, look, what is up for grabs is this. Is Mahomes the dynasty? Is Borough gonna be putting to the same world as the Mahomes is of the world? When you consider how much pressure is on Roseman, these players, Jalen Hertz, all of the Sirianni, the birds have nine starters set to hit free agency.  I thought to myself, well shoot, Fletcher Cox, James Bradbury, who I just talked about, Miles Sanders. Man, there are some, this is a long list people. There's tough decisions for Howie to make. Let's trust that he makes them well. By the way, is he gonna have to give Jalen Hertz an extension as well? Probably. I trust Howie to figure this out, and that just shows you the window that this team is in and the pressure amount. Are you gonna have Jason Kelsey? Is he gonna play again? Probably not. You're gonna have to do with that next year as well. So there's a lot to get to as we, whether or not you're cheering on the Eagles or whoever this weekend. Who do you think Gronk is cheering for? I feel like Gronk and Sirianni would vibe together. Gronk and Nick Sirianni. Oh, don't look so bummed, Rob. Oh no. We'll turn that frown upside down, wearing your dolphin's collars. We love it.


There was a certain yogi who practiced very severe austerities from normal food. After a while he shifted just to fruit diet and then gave up the fruits and just went and leaf and root diet and lived a very pious life on a certain day. When he was cutting grass in the forest to make a tatch or to make a roof for his little hut in which he lived, accidentally he chopped off his own finger. When he chopped off his finger, to his amazement he saw instead of blood coming out of his severed finger, the sap of a plant or a flower was coming out of his finger. Then he felt very satisfied that his austerities, his sadhana has made him so pure that instead of bleeding he is oozing the sap of a plant. It brought him much pride and this vanity took over and he started thinking, I am the purest of the yogis because now he's turned into a vegetable. Shiva noticed this yogi of great accomplishment falling prey to such simple vanity. So Shiva took on the form of a yogi and came this way and he saw a great smile of satisfaction on the yogi's face and inquired, what is this big smile about, what are you so self-satisfied about? The yogi said, don't you know the news has spread everywhere already that I am the purest yogi in the world because look at my finger, I don't bleed anymore. The sap of a plant or a flower or a fruit is coming out of me. I have become very pure, don't you know? Then Shiva said, animals eat, leaves on roots and make blood and flesh out of it. All of it, when it is burnt, turns into ashes. So there is nothing to be very proud of oozing plant sap. That which was a plant becomes an animal. That which is a man or an animal or a plant ultimately becomes ash.  Only that one who is constantly aware of the mortal nature of his existence who constantly knows that the flesh and blood that he carries is the ashes of the planet. Only that one is truly pure. It is because of this that Shiva is always depicted as ash smeared. He did not smear ashes upon himself. He oozed ash out of every pore of his body, displaying the ultimate dispassion that he is. The fundamental tool is this, that there is a certain dispassion. Passion for everybody, dispassion for myself. If this one thing arises in your life, you will see better everything. If you see everything better, if you see the floor that you're walking on better, will you be more balanced? If you're more balanced, if you're really balanced, can you do many more things, can you dance a little more? That's about it. So everything that you do, if it's passionate, within you the flower of dispassion will flower because you will see dispassion is the greatest flower.


Select the cells where you want to apply a style. Being in the Home tab, click on the Conditional Formatting button here. Now click on the Highlight Cell Rules. Let's choose the first option by clicking on the greater than. A new window is opened. Get ready to say goodbye to your old case because Casemate has a better one. See the link in the description below. Here you need to set up two things. The number that marks the point after which the style appears and to the style you want to apply. In the first field, I will type 400. That means that the rule will apply to the cells with numbers that are greater than 400. Let's select the style we want to apply for this rule. Of the options available, choose the one you want or create a custom style. I will select the green fill with dark green textile. Then click OK and that's it. As you can see, the new style is applied just in the cells where the rule applied. If you change or write new data, the rule will still apply unless you change the rule. Don't miss any of our videos by subscribing to our Burn to Learn channel.


All right, so I'm going to come everyone. My name is Hamira Wasil. I'm the principal at Peace Terrace Academy in Fremont, California. At Hamdala, we have a beautiful campus right off of the freeway on Alvarado Niles as part of the Lauri Masjid. Mashallah, we have about 250 students enrolled this year and about 300 students on our wait list for the upcoming school year, inshallah. So we definitely need to expand. I do want to reiterate Brother Omer's sentiments. Mashallah, the fact that over the past 20 years, we've seen such an immense growth in Islamic education as something to be really commanded. And alhamdulillah, I hope and pray that we continue to find success. Over the summer, I had someone ask me, how would you know when Islamic schools succeed? What are some signs that you're looking for that a school has succeeded? And I know that a lot of people look at numbers and test scores and college entries. I said, I know that our community has succeeded in reviving Islamic education when our children want to be teachers, when our children actually say, I really want to be a teacher instead of a doctor, engineer, or in parallel to that. Because right now, in the teaching field, we're not really doing a great amount of justice for our community. And so I want us to grow to that level and our schools to grow to that level where the children that are in this space are saying, I want to teach, and I want to teach at a specific Islamic school, inshallah. So my time begins now. I'm just kidding. All right, Peace, Terrorist Academy. So Imam Razali says that knowledge of the next world, according to which our predecessors walked and which God, in his book, called discernment, wisdom, knowledge, illumination, light, guidance, and rectitude has been quite forgotten. This is the calamity of the religion and a grave crisis. And we know that there's a lot of parallels between our time today and the time of Imam Razali. Jau Kottino also says, there is no neutral education. Education is either for domestication or for freedom. And one of my favorites, John Taylor Gadot says, the primary goal of a real education is not to deliver facts, but to guide students to the truths that will allow them to take responsibility for their lives. So with these kind of principles and guidance in mind, I want to tell you a little bit about our educational philosophy at Peace Terrorist Academy. We are transforming and have slowly transformed into a classical education school. The vision has always been there, but it has taken a while to kind of turn the ship around from a generic kind of Islamic school that adhere to state standards to one that upholds some of the highest values that we have in our society. And so we are really based on the trivia, which in Latin means three roads, which is the study as we define it, the study of the seven liberal arts, employing traditional teaching insights of methods, using classic books which contain the greatest ideals of the knowledge of God, knowledge of man, and knowledge of the universe. So the way that we do this at Peace Terrorist, our philosophy in working with children is to provide them with a warm and cooperative environment. We know that when children are in a space where they're not frightened, where they don't have anxieties, that that's when they really learn. Knowledge sinks in deeper in that environment and it's absorbed within the soul and spirit of the child. We provide classical and intellectually stimulating content across all subject areas, whether it's science, or language, or math. We want to make sure that our children are exposed to some of the best content and some of the best ideals and an enrichment of language, which is a very at the root of every classical school. We also have a sense of gravitas or gravity toward education and life. In today's society where everything is about frivolous actions, we want to be a school that's known for bringing a sense of gravity specifically for education and for our lives, so bringing that deeper meaning for children. And then we have a lot of conversations on ethics, values, principles with our students and a lot of conversations on what is truth and where do we find it and how do we know it and how do we live by it, what is goodness, where do we find it, how do we live by it and then essentially what is beauty and how do we create it and how do we recognize it and how do we live by those standards. Our programs of study include, as mentioned, we have 13 areas of study. We have knowledge of God, which are the Quranic sciences, Islamic sciences, and service learning. Knowledge of man, which consists of English composition, grammar, language, history, arts, logic, Arabic language, athletics. And then we have knowledge of the universe, which are the sciences and the maths, essentially. We have an early childhood center, which are the pulp herediers. And, masha'Allah, this is the age when children discover learning for the first time, discover new things. And so our early childhood center is full of hands-on activities, full of new discoveries and aha moments for the little ones. And we want to make sure that that's done in a very loving and enriching environment where teachers are there to surround the students with a lot of compassion and a lot of comfort. And then methods of teaching, we utilize for these grades as songs, chants, jingles, lots and lots of storytelling, because storytelling is such an immense part of our tradition Islamically and a majority of the Quran contains stories. We believe in embodied learning. We believe in curiosity and wonder in those grades. We believe in the power of memorization in those early grades. Shechanda always says, for children to, when children memorize something, it's like carving on a rock. And when adults memorize something, it's like writing on water with water. And then repetition, definitely. I'm going to go through these faster. Am I OK? All right, I'll go faster. The grades, which are the elementary, the grammar years, children want to know what. We answer all the questions about what. And then, inshallah, the methods that they learn are, again, memorization, repetition, didactic construction and coaching. And then our middle school years are the logic years when we teach the students how to think logically and process information and how to garner and understand fallacies that they see in the world and fallacies that they might see in the news and the world around them, as well as in the literature that they read, the information that they read, and so on. We also have an amazing HIFT program that's kind of together with our academic program, where students attend their English and math classes. But then they also go to memorization of HIFT. Mashallah, so far we've had, since we started the program, we have had 18 Hufadh graduate from the program. The program is for both girls and for boys. And alhamdulillah, it's been such a source of blessing to walk in the campus and hear the students reciting every day. So lastly, outcomes of a Peace Terrace Academy graduate. We have our esthlers, which are faith, character, knowledge, and community. We see that our faith informs all of the other areas of our life. We want our children to embody character. We want them to have sound knowledge, with which they can be equipped to deal with the world's ailments and issues. And then we want them to have a very strong sense of community and understand that fostering a strong community leads to strength. These are, for those of you that really like scores and charts, I added a few charts, these are our map testing scores. Our students performed 70% of our students in math performed at the 90th percentile, about 20% of them on the 80th percentile and 70 percentile and below. The national norm for math is at the 50th percentile. So you can kind of imagine how well our students are doing. In language, it's very similar, 65% in the 90th percentile, 30% in the 80th percentile and about 5% in the 70th percentile. So our vision, very long paragraph, but essentially whatever our children choose to do in their life, whatever path that they take in their profession or their personal lives, we want them to do that with the light of a law and we want to plant that seed of love for all of us in their hearts. And then ways for you to get involved, definitely join us at one of our events. We have an amazing autumn festival in November and then we have an amazing annual fundraising dinner in March, as well as theater nights and lots and lots of different types of activities. You can support us with your time and financial resources. You can definitely attend one of our AdFontest events for parents, which happens on the last Tuesday of every month. It's on our Facebook page. So look it up. We have amazing speakers that come there. And last but not least, contact information, peaceterres.org, info at peaceterres.org and then our number. We do have Instagram as well as Facebook. So go ahead and like us, like the pages, see the children, everything that they're doing, masha'Allah. They're doing amazing things. We're so proud of them and really proud of our growing community, alhamdulillah. So with that said, I will end. Thank you. I'm very sorry if I took long. No, you're good. Alhamdulillah.