Episode Transcript
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Speaker 1 (00:02):
The big base show is sunny southern California inside the
lot of pot hundred studios.
Speaker 2 (00:07):
Soap Airra was having a great day.
Speaker 1 (00:09):
That is the incredibly talented date trader Trio, otherwise.
Speaker 2 (00:13):
Known as the DCT best in the.
Speaker 1 (00:15):
Business, No less himself, not Costa and solely with you.
Speaker 2 (00:19):
Hey, how we fought back? Letter said, how?
Speaker 3 (00:21):
I want a question.
Speaker 4 (00:23):
So the reason I bring up all of the ancillary
potential effects of robotaxis and self driving cars is because
of all the money that's been put in this in
terms of investment.
Speaker 3 (00:33):
And obviously I don't maybe there is.
Speaker 4 (00:37):
May I don't think it's a public traded company that
we can invest in now, but I guess you can
invest in Tesla.
Speaker 3 (00:42):
Which is doing that stuff.
Speaker 4 (00:43):
But the reasons that we want to pay attention to
this when you see when you see things like a
multi trillion dollar opportunity in terms of investment, is because
we can pay attention now in terms of getting in
early based upon what we're seeing.
Speaker 3 (00:55):
Right, So give us over.
Speaker 5 (00:56):
I think that's right, and it has big implications for
the market. I mean, Tesla is one of the largest
companies in the world. It's one of the largest companies
in the US stock market and it's a car company.
Speaker 6 (01:06):
We have other car companies.
Speaker 5 (01:07):
We've had one hundred year old car companies, and they
don't trade it multiples, they don't trade at prices like this.
So why is it just because people like batteries more
than gasoline.
Speaker 6 (01:16):
No, it's because the promise of AI.
Speaker 5 (01:18):
And Tesla has a lot of other tools, and they're
building the robot and that's a part of it. But
it's also this new robotaxi business and how productive that's
going to be. I mean you you said it earlier,
but Lucid Motors is up forty percent right now, it's
stock on the news that it's partnering with Uber, so
Uber is going to start.
Speaker 6 (01:36):
Getting in this game.
Speaker 4 (01:37):
So does this not now come down to market adoptability?
So just opener indicator. I realized that this is not
a you know, we have to have a thousand people
to have a statistical study, but with a few people
by a raise has the studio including how would you
feel comfortable getting a car with a driver's car?
Speaker 3 (01:53):
Right now?
Speaker 2 (01:54):
I did it in sand I've already done it.
Speaker 6 (01:55):
So yeah, I think people do it.
Speaker 4 (01:57):
Would you guys, would you guys be going to Calabasas
to in a driverless car.
Speaker 5 (02:02):
Yeah, and I mean not I wouldn't be comfortable going
to downtown La if I was in a driverless car.
Speaker 6 (02:06):
It might get burned down. But other than that, like.
Speaker 3 (02:09):
Wow, something to the point is I think the argument?
Speaker 7 (02:13):
Right?
Speaker 4 (02:14):
How is it that it's it's a it's not subject
of human error?
Speaker 3 (02:17):
Right? I mean, isn't that the major argument of driverless vehicles?
Speaker 5 (02:19):
Yeah, for this to work, it's gonna have to be
even safer than humans. I mean, it's gonna have to
just be that much better, that much smarter, that much quicker.
Speaker 6 (02:28):
In its reaction timing and all that.
Speaker 5 (02:30):
Because it's one thing when humans getting an accent, but
if you are getting an accent and you're driven by
you know, Tesla's code, then Teslam could be.
Speaker 6 (02:40):
On the phone.
Speaker 3 (02:41):
But it was likely a human error that car.
Speaker 4 (02:42):
So let me tell you this to Realizement and how
we no disrespect is it was too young for you,
But to you guys here in the studio, most of
you remember when they came up with this notion of
ATMs automatic teller machines what was called, and you put
your card in and it would kick out twenty dollars,
I would call the Jones machine.
Speaker 3 (02:59):
So I was Jones twenty bucks and remember the day.
Speaker 4 (03:02):
So that was a really big That was a really
big bifurcation on how we did business because we had checkbooks, okay,
and we had literally checkbooks, and we went at savings
passbook accounts, I went to ATMs, I went from ATMs
to debit cards, debit cards to paying with the phone.
And at the same I always say this every week,
we all have the same forty dollars in our wallets
we've had for six months because the only time I
(03:23):
use is for tipping people. So, howie this this is
this is a significant paradigm shift. But I think it's coming.
If we're this close to investment, we're five years away
from people saying Okay, here comes my robo pizza delivery,
Here comes my drone Amazon delivery, Here comes my ro taxi.
Speaker 3 (03:40):
Correct.
Speaker 6 (03:41):
What if you decide you don't need a car.
Speaker 5 (03:42):
What if you decide I'm going to pay for a
subscription or im I'm going to lose the insurance cost
every month, I'm gonna lose the car payment and I'll
just hail one of these things.
Speaker 6 (03:51):
Whenever I needed, Well, how are sorry? I do have
a car?
Speaker 5 (03:54):
If I do have a car, I can just add
it to Tesla's network.
Speaker 2 (03:57):
It'll be all you And you know that there's a model.
Speaker 6 (04:00):
Let it go all day.
Speaker 4 (04:01):
And now you know there's a model that's going to
allow you to subscribe to a driver service and also
have an add on. This says if you need to
drive one of our cars for an extra thirty bucks
a month, you have an access to four cars a
month on Sunday.
Speaker 3 (04:13):
You know that's going to happen. That would be part of
the package, right.
Speaker 1 (04:15):
The only thing how that I as you're talking and
you and Soul are talking, I'm thinking to myself, if
you can go back to let's see you do get
hit or something happens in the car. What what is
that insurance premium like either for Tesla you don't have
one for yourself?
Speaker 2 (04:30):
Yeah?
Speaker 1 (04:30):
Yeah, do you automatically void any sort of personal protection plane?
Speaker 3 (04:35):
I think there's a synthesize insurance program because yeah, I.
Speaker 5 (04:38):
Mean I think that's going to be incorporated into the
price of the of each text.
Speaker 2 (04:42):
The subscription right exactly right there.
Speaker 5 (04:44):
Yeah, Tesla will have to bear the burden. You know,
these companies will have to bear the burden of the insurance.
And that's what they're doing now, at least with you know,
I think Weaymo's and Robotaxis and Weymo's in La and
San Francisco.
Speaker 4 (04:54):
I think, yeah, here's my only issue. Here's my only issue.
And it may be something that's easy. But but you
are a young couple. Okay, your wife is in her
ninth or third trimester.
Speaker 2 (05:06):
Okay, congratulations to you.
Speaker 3 (05:08):
Better not two in the morning. Okay.
Speaker 4 (05:11):
Oh and wife's water breaks and you don't have a
vehicle because you have a subscription service. Oh boy, now
that's gonna have to be something that's because first of all,
they're either gonna have to have cars fifteen minutes away.
Because right now, even if you roll the fire department
and roll the police, it's gotten down to about twelve
minutes on average across the country for everything. Sometimes if
there there in two minutes, sometimes they're in thirty. The
(05:31):
average roll time for police and fire during an emergency
across the country fifty states is about twelve minutes, which
is prettydamn fast. Okay, somebody's gonna have twelve minutes for praise.
So the only thing I would I would say, is
there has to be some sort of mitigated you know
how the blue lights on campus, if you have trouble,
you hit a blue light, and there's gonna have to
have some stations that have smart cars or something within
(05:51):
you know, five minutes of everybody, like a fire hydrant
just in case.
Speaker 5 (05:54):
There's the basic core of family unit still has one car,
but a second Instead of having a second card, they'd
use a subscription service or something like that. But there's
a lot of it in between. There's a lot of
people that don't have kids. There's a lot of people
that are in the urban areas where it'll be more abundant.
And like Mike said, there's gonna be intermediate solutions.
Speaker 1 (06:17):
You know how, maybe maybe there's a special maybe there's
a special code you can use to overwrite everything else
to get the card there the fastest, and like if
you use it and it's a false alarm or something
like this, you lose your subscription for six months.
Speaker 4 (06:30):
And this is the weeds that they're gonna have to
get into. Kelli, here's my question, what are the counter arguments?
Are the counter arguments to this, because you know the
issue and how he can speak this probably good than anybody.
If you do a startup company and you get a
friends and family row to start whatever company are going
to start. The minute you hit about ten million dollars
in revenue, you got a problem because you can't keep
up with the demand. At that point, you can't produce
enough product. And this is across the board in almost
(06:51):
every section. You can't produce a product to support the orders.
In other words, we're doing so good, we got twenty
million orders, but we don't enough cash twenty million, and
that's where you have to raise money.
Speaker 3 (07:01):
Again.
Speaker 4 (07:02):
Don't you think that this thing sets itself up for
a cash nightmare unless they plan ahead, because this because
the adoptability here, it's going to go from zero to
fifty to five thousand that fast.
Speaker 5 (07:12):
I think that's that's exactly right. One, it's gonna be
a very competitive market. I mean, you've got we already
talked about three major players. They're gonna put billions into
this industry, so pricing is going to be hard.
Speaker 6 (07:22):
And then two, well why is why.
Speaker 5 (07:24):
Is Tesla's market cap going up? It's going up because
they think there's going to be a business there. So
if there's gonna be a business there. Then money is
going to be coming in. Okay, what does it take
for money to come in? You have to spend billions
and billions on tons and tons of cars before you
can start to get small you know, relatively small dinky
charges on the robo taxis and you want those to
turn into a title wave. But first you've got to
(07:45):
spend billions and billions on tons of charging infrastructure and
the software build out, and the moving the.
Speaker 6 (07:52):
Actual battery materials and building the cars.
Speaker 5 (07:55):
I mean, they're gonna have to build hundreds of thousands,
if not millions, of these things.
Speaker 1 (07:59):
Okay, and what Forward and Chevy and Chrysler, and.
Speaker 2 (08:05):
But are they gonna adapt or just gonna be lawsuit
after loss?
Speaker 6 (08:08):
Not gonna have to They're gonna have to adapt or die.
I mean, yeah, they are.
Speaker 5 (08:12):
They are doing an ev transition, but they have fundamentally
different supply chains.
Speaker 6 (08:16):
They have fundamentally different businesses.
Speaker 8 (08:17):
I mean, the the old OEM auto manufacturers, they make
money mostly on reselling high margin parts, not the actual
building of this year's model.
Speaker 6 (08:28):
So they're gonna have to change in something too.
Speaker 4 (08:30):
So let me so, howie, what you're discussing is a
free market economy here in competition because you know, uh
an increase of talk aou let's talk about oil versus McDonald's. Okay,
just because oil goes up doesn't mean gas prices go up. Okay,
gas gas stations are making their money on chips and soda.
Speaker 3 (08:48):
Okay.
Speaker 4 (08:49):
What makes gas prices go up is when another company, well,
gas oil price is going up to a gas station,
or like potato prices going up to McDonald's. Just because
potato prices go up doesn't mean that the cost of
French for It's just it's.
Speaker 3 (09:00):
Just a commodity there. What causes friends prices.
Speaker 4 (09:02):
Go up or down is when Burger King lowers their prices,
McDonald's lowers their price.
Speaker 3 (09:05):
Same thing with gas station.
Speaker 4 (09:07):
Isn't this all about competition in free market economy At
the end of the day, what's gonna make because you
mentioned competition.
Speaker 5 (09:11):
Yeah, I mean it's gonna put a cap is what
you're saying on how much people charge. If Tesla for
some reason was the only one, the only game in
town that had robo taxis, they might be a lot
more expensive.
Speaker 6 (09:22):
But that's not gonna be the case.
Speaker 5 (09:23):
It's gonna it's gonna be very very competitive, and that's
gonna cause a ceiling on what we're going to charge
for these services.
Speaker 3 (09:30):
So what's it gonna take.
Speaker 4 (09:31):
What's it gonna take to get I think that we're
probably seven to ten years away from uh maybe maybe
probably seven years away from blockchain and serious true digital
currency to take over traditional currency. What's it gonna take
for adoptability? Because it comes down to people not feeling safe,
for not feeling confident. For this to happen, It's gonna
(09:52):
have to take not political will, but consumer will.
Speaker 1 (09:54):
And how long do you think that's gonna take? Because
the minute that catches on pulatory will.
Speaker 5 (09:58):
Yeah, I mean the government, the government gonna have to
really write rules for this because we we don't know.
It's it's anybody's game right now. I mean what's allowed,
what's not? You know, is it all banned? And we've
seen we're seeing some zones. We're gonna see this pop
up in urban areas and slowly expand it's gonna If
you remember what the lift and Uber rollout was, I
(10:19):
mean lift or Uber was illegal and they were just
operating anywhere and.
Speaker 2 (10:22):
It was the greatest thing. You're like, what is this thing?
Speaker 4 (10:24):
I remember remember there was a question whether it will
survive or not that got offline.
Speaker 2 (10:27):
For a while.
Speaker 4 (10:27):
It was so great, it was so sketchy, and now
it's part of our daily life.
Speaker 2 (10:31):
Hollie, thank you, brother Alfia.
Speaker 1 (10:33):
That's our market analyst, mister Howie font He is always
with us here on the Big Biz Show, speaking of
always here a lot more to come here, so deep
here well back after this.
Speaker 2 (10:44):
This thing that wouldn't leave, Oh.
Speaker 1 (10:51):
My god, and over one hundred and seventy five countries
all the ship to see on the American Forces Network.
As always we say thank you to the brave men
and women.
Speaker 2 (11:11):
Howdie to you, it's coming. That's the day day train
or tree you just.
Speaker 1 (11:15):
Saw Beck there at the bar, that's them right there
back here at the bar's Costa and Sully and a
big old hawdie fel you to the military of Mendo
women serving our country overseas and Underwrige.
Speaker 2 (11:24):
God bless you and love you. A big old happy
and a big old hattie to you.
Speaker 4 (11:29):
One of my favorite guests on this program is John
yu Once you introduced him, because I'm glad he's back
in town because there's so much good stuff going on.
Speaker 1 (11:35):
A lot of good stuff, Doctor John, you, of course
CEO of Cairo's Farmer of their ticker symbols Ka Pa.
Doctor you always great to see you, sir. Welcome to
the show once again. How are you, Bud.
Speaker 9 (11:45):
Thanks for having me back, Mike con Sully.
Speaker 4 (11:47):
It's a pleasure give us an overview of what's happened
if But let's get to the note you said this morning,
because there's some pretty significant things happening with the company,
and it was interesting. Is you sort of delivered on
what you sort of intimated what was gonna happen a
few weeks ago.
Speaker 3 (11:58):
Let's talk about that.
Speaker 9 (12:00):
Yeah, so we really our safety results from the Phase
two trial, which showed that there were no grade three
or four toxicities, meaning there are no adverse effects from
the drug that stopped patients from taking the drug. And
that's important because when patients get off the anti androgen
(12:20):
therapies and start either pluvicto, which is a radiating seed
type of therapy, or chemotherapy, there's about a fifty to
sixty percent Grade three or four adverse event rate, meaning
that they get all these toxicities that keep them from
taking the drug. Our drug had zero of that. So
it's a very safe drug, it's a very well tolerated drug,
(12:43):
and I think the markets really responded to that.
Speaker 4 (12:46):
Yeah, so your safety data. And again I said this
before today. We rarely talk about stock price on the show.
We're not a promoter type show. We interview everything from
public companies to freaking authors and celebrities. But I'm just
going to say, you had an eighty percent of stock
rise based upon fundamental data that came out. That's pretty
interesting considering that you're a company that has been battling
(13:07):
an undervalued position that had your share price had nothing
to do with the value your company, and now it's
it's pretty interesting that the market reacting to is such great news.
Speaker 9 (13:15):
You know, a drug has two components. One is the
safety and the other is efficacy. And so in September,
we're going to report the efficacy results of this cohort
of patients and and hopefully, uh, you know, we'll be
able to go into detail about how the drug works
and if it works and how so I think that'll
(13:37):
be an interesting event. We're going to have a kol
event or key opinion leaders around it that can discuss
our therapy as well as the therapies that are the
standard of care right now for prostate cancer patients.
Speaker 4 (13:51):
Hey, John, I gotta ask you just based upon the
safety issue, does that have an effect on what it
means for other cancers that for your drug drug or
does that I'm down.
Speaker 3 (14:00):
We have to wait for thefficacy overs in September.
Speaker 9 (14:02):
Yeah, so I think the safety is definitely a very
good signal that it's very safe. We're actually doing another
trial in lung cancer and we hope to report results
from that trial as well over the next couple of months,
and so definitely some catalysts for the company coming up.
Speaker 5 (14:23):
Uh.
Speaker 9 (14:24):
And I think it's it's an important thing because this
is a common mechanism of resistance to cancer drugs, and
and we hope to demonstrate that not only in prostate
cancer and in lung cancer, but it appears to be
relevant in breast cancer and colon cancer as well. So
(14:45):
this is something that we're very interested in developing.
Speaker 2 (14:49):
Doctor John.
Speaker 1 (14:49):
You is a friend of the Big BI Show, CEO
of Cairo's pharma ticker symbols kap A. Doctor U, there's
there's a million million reported cases of prostate cancer with men.
What do you I think the number is when you
think in terms of how many men there are in
the world and the cases that.
Speaker 2 (15:04):
Are not reported.
Speaker 3 (15:05):
Asking for a.
Speaker 1 (15:06):
Friend, No, No, I'm good with my check up.
Speaker 7 (15:10):
You know.
Speaker 9 (15:10):
The thing about prostate cancer is is that by the
time you're seventy, about fifty percent of men have prostate cancer.
Speaker 2 (15:17):
Wow.
Speaker 9 (15:18):
Thankfully, it's very slow growing at that point. Sure, and
it's a fraction of men that get a malignancy that really,
you know, spreads through their body, and that's what our
drug is designed to treat. But prostate cancer itself by
the time you're seventy is exceedingly common.
Speaker 7 (15:36):
Well.
Speaker 4 (15:36):
Good, So so I got five years, yeah, for you
to get yet, I got five years for you to.
Speaker 3 (15:41):
Go to FDA charals NDA and get approved. I'm feeling
good about this job.
Speaker 2 (15:45):
I feel.
Speaker 3 (15:48):
This is a serious question. I'm not asking for a friend,
although I sort of am.
Speaker 4 (15:51):
Does lifestyle have somebody do with protest cancer or is
this just a roll of the dices I've met. Unfortunately,
I've had two very good friends I've had I've had
probably seven friends I've had prostate cancer, and two of
them one came very close to death. One of them
died because it was just too late, and it was
such a surprise because you think prostate cancer is one
of those cancers that that you know, if you get
it early enough, it's not going to kill you.
Speaker 3 (16:10):
But but he, you know, it was horrible. What is
his lifestyle?
Speaker 4 (16:13):
There is the luck of the draw is this genetic
is an inflammation as a surgeon.
Speaker 6 (16:17):
Hard to know.
Speaker 9 (16:18):
I mean, there's definitely a genetic component to it that
makes you either more susceptible or less susceptible. But there
are things out there, you know, like diet that can
that can you know, significantly impact it. And there's you know,
more being demonstrated with you know, red meats and processed
meats and processed foods. So yeah, we're probably taking in
a lot of stuff that.
Speaker 4 (16:39):
So Mike, maybe get off of the salami diet and
maybe get off of the shark houteri plate diet, maybe.
Speaker 3 (16:43):
Get into something maybe we have maybe have a b
cancel off the diet.
Speaker 4 (16:47):
Hey John as a as a as a seam of
a public company. But also just opposing that with being
literally an MD and a surgeon, when you do I
do you have ht way right presentation and Septmber I
think September eighth or tenth or something. Do you take
the purview when you're speaking or presenting or do your
people do they include the fact that you are tip
(17:09):
of the spear in terms of you know, as as
a physician as well as a guy that is a
seat of a public company, because it really is significant
because I don't think in the years that we've been
interviewing biopharmat bio biotech companies, we've ever seen a CEO
that's actually still in the front of the battlefield at
the same time he's developing a solution.
Speaker 3 (17:26):
Does that come up? Is that a metric for you
at all?
Speaker 9 (17:29):
Or is that well, I mean, for me, it's only
natural because you know, when you see patients that have
cancers that come back and you see, you know, the
emotion that's associated with the hopelessness that's associated with cancers
that recur, I mean, all the more we want to
be able to you know, impact that disease and give
(17:50):
hope to patients. And so really, you know, my job
and not only as a as a doctor, but as
a scientist and an officer at this company is to
give hope you know.
Speaker 3 (18:03):
Well, I mean, I mean.
Speaker 4 (18:04):
It's it's it's a confluence of altruism for you because
of what you had to see, you know, and how
many you know, and how many visits with patients they
had to drop some news. But it's also the fact
that there's hope here and the fact that you're the
seeking of a public company and you have a finucial
responsibility to create surehold value.
Speaker 3 (18:18):
So it's kind of the perfect situation.
Speaker 4 (18:20):
Last of all, before I let you out of here,
with respect to what we have for the next six
months and the and the arc of the story for
the FDA, what are you looking at that time when?
Because every time people hear this interview, I get a
ton of emails saying when when when?
Speaker 3 (18:31):
When? When?
Speaker 4 (18:33):
Reasonally speaking, you know, what, what's the finish I look like?
When do we go to commercialization?
Speaker 9 (18:38):
So you know, it's sometime next year that hopefully we'll
be completing the trial of one hundred patients. And so
this is a large trial, but the fact is that
it's it's a pretty definitive one that's randomized to either
receive our drug or not receive the drug, and we
see how patients live without their cancer. So it's pretty
(18:59):
definitive that there won't be any question by the end
of that uh. And you know then we should have
an answer and we hope to go partner with a
large pharma at that point to co develop this, you know,
toward commercialization.
Speaker 4 (19:13):
Hey, John, I want to I want to have you
back early next week or the following week, real quickly,
because I know that you've had a couple of metrics
happening in terms of in terms of moving the ball
down the road, in terms of capital formation, in terms
of shareholder value. But I got to tell you it's
every time we talk to you, it's more encouraging, especially
if you've got a couple of guys that are staring
down the barrel of sixty five and seventy years old,
especially Mike here.
Speaker 3 (19:34):
You'll come back very soon.
Speaker 2 (19:35):
Thank you, John, You doctor John.
Speaker 1 (19:37):
You the CEO Kyles Barba Hey a PA that is
a ticker symbol helping guys like us and a lot
more out there.
Speaker 4 (19:44):
Are you concerned that you're that you're on your second
pe by ten thirty at night?
Speaker 2 (19:48):
A little bit. It's a little bit. It's because I
drink a lot of water. Wink wink. Much more to
come with the big vitio.
Speaker 3 (19:54):
Keep in the here water is Latin for funyons.
Speaker 4 (20:05):
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the Financial Industry Regulatory Authority FINRAM at www dot fr
dot org.
Speaker 3 (21:38):
I like it, Hey exat a rescue plan.
Speaker 2 (21:47):
Wherever you're watching, wherever you're listening.
Speaker 1 (21:48):
Big This show rolls on live for the Lockfront hundred
studios here in southern California. That is the grossly awesomely,
completely overly talented date and what you just said.
Speaker 4 (22:01):
They're gross, They're awesome, but they're overly talented. They maybe slow,
but they're stupid.
Speaker 1 (22:04):
Yes, back here, back here at the VARs Costa and Sully.
Speaker 4 (22:08):
As BBS rolls on, they may be untalented, but they
can't play.
Speaker 3 (22:14):
Big BI show continues. Please tell you we got more
talent on that stage.
Speaker 2 (22:17):
Oh my god.
Speaker 1 (22:19):
Just being able to sit here every morning and listen
to them just warm up.
Speaker 4 (22:22):
I was, I was acually, I was sending I got
a chance to do a bunch of music with John Feldman.
Do they call Felly who's a genius behind April Levine,
genius behind at least you're a Goldfinger and several Emmy words.
Speaker 3 (22:37):
He's a real deal. Yeah, he remember Also I think
he did Bruno Mars. So we got to do.
Speaker 4 (22:42):
Some music and UH for this first session, James and
Brian are going to go up to UH to record
with him, to to to finish up with the songs.
And I'm writing to Feldman here and I gotta read
this because this is to my boys on stage there.
Did you guys read your bios that I sent over
on text? So because I'm because I'm you have to realize,
(23:02):
I said, Hey, I said, I want all you guys
get together. Feldman legendary lead singer in Prolific UH, the
Quincy Jones of our time, James East. Over the years,
James have formed with some of the biggest names in music,
including Lionel Richie, Tony Braxon, Patty Leabell, James Ingram, James,
wasn't he like anyway? David Foster, Clint Black, Sir Elton John.
Speaker 3 (23:22):
That's James Ea slady and gentlemen, good God, Ane, Brian Short.
Speaker 4 (23:26):
It gets even more bearing the stage, James Brown, Dave Matthews,
Bernie Mordell, le Allman, Brothers, Man Ray Man, Xerica, The Doors,
Chris Franz, The Talking Heads, Buddy Miles Uh and Little
Chris and Nightcrawlers at the Mirror, Mason Bowl.
Speaker 7 (23:40):
Fa.
Speaker 3 (23:40):
I mean, James, I think Trace was in that band?
Is too right? Who are you coming up here? One
of my good friends.
Speaker 1 (23:46):
We have we we have really quickly fallen in uh well,
man crush Land with this guy, Alan Avian's CEO of
Unusual Machines.
Speaker 2 (23:55):
Is that a place, man crush Land?
Speaker 3 (23:56):
Yeah, well that is.
Speaker 1 (23:58):
It's the next place next to Star Alan I talk
more than me and my ex wife ever talked.
Speaker 3 (24:03):
What's up?
Speaker 11 (24:03):
I mean with those glasses?
Speaker 4 (24:05):
I meant Mike as Mike rips his glasses off immediately.
Speaker 2 (24:11):
Yeah. So the guys we have a product, we.
Speaker 4 (24:15):
Have a product sponsor in uh in uh what are
these things called? Against this much catus? The good friend
Paul Gonzalez is a bigger partner and his partner rickensalas
Uh started Quick Silver and Hurley, remember Hurley, they started
this company too, and he's they're coming out there with
the problem is is that when I run out of
contact lessons, you're you're dealing with this guy and this
(24:38):
those are great.
Speaker 11 (24:40):
You should just never buy a new contact you.
Speaker 4 (24:42):
Know, you know, yes, I'm gonna hear after, I'm gonna
hear off the air what he really thinks about them. Alan,
of course, is the CEO of of um A C
and News on Machines. You mentioned boy, I'll tell you
your life is uh. We never talked about numbers, and
we never talked about stock in this company and in
this program. But I have to say your market cap
has gone to the roof. And I think the other
thing that's happening is is between the folks that are
(25:03):
getting involved in capital formation.
Speaker 3 (25:05):
I mean, this is a testament to how to run
a company or maybe run a country.
Speaker 4 (25:09):
Know that clean cap table, a clear picture on what
you're gonna do. Tell them what you're gonna do before
then do it. I mean I know that your humble guy,
and I'm all, seriously, you guys, you know I goof
around a lot, but at the end of the day,
you really did show up with a company that's clean
as a whistle, and not many public companies can say that.
Can you talk about the structure because you never had
to take toxic financing, you never need a reverse split.
I mean, it's one of those things in a company
(25:30):
that you see very rare in a small, smaller cap
Nazdak company talk about that.
Speaker 11 (25:35):
Yeah, So I think it starts. I came out of
the venture background. I was a Silicon Valley startup kid,
and so I look at the public markets is trying
to provide the same opportunity with the same clarity, and
so the whole team is, you know, focused on cash flow.
So we didn't do the thing where we cookie jar
the company where you see a lot of CEOs take
big salaries or whatever else. And we really wanted to
(25:56):
build it out so if people invested, they got something
without any sort of surprise and getting people involved they
supported it. And we were able to really have a
strong investor network, in part because whenever we do directly finance,
so we don't like pump beforehand or whatever. We actually
my job starts when we take money and I have
to get my investors in ir R. And I think
(26:18):
that's really important and in doing that, we've had investors
that have stuck with us the whole way and helped
us navigate when it's turbulent.
Speaker 4 (26:24):
And what's interesting is this is a story about supply chain.
This is a story about manufacturing and and and ramp manufacturing.
Talk about the story in itself, and then talk about
the company because you're really you're really in a pretty
narrow lane business, but it also has a has a
an adoptable addressable market that is probably endless thinking about
(26:45):
how how technology is going.
Speaker 11 (26:47):
Definitely, supply chains are boring until something goes wrong and
then you wonder why cars are sitting on the parking
lots in COVID or you know why there's no test.
So true, right, So it's boring if we're doing it right,
and really it's along. So if we're placing orders for parts,
and we do drone parts, we have to place orders
nine months ahead of time at least with our supply
(27:09):
network to have parts so that we have them on
the shelves when our customers come and.
Speaker 2 (27:12):
Ask for them.
Speaker 11 (27:13):
And so we're really we've been building that out for
about a year and a half. We're building a drone
factory in Orlando, like a motor factory, which should come
online here in about a month. All this stuff's in.
Let's just hope we didn't screw it up too bad.
But everything's looking good, and you know, we're now placing
orders for nine to twelve months from now so that
we have the material that our customers need. With the
way the government's really pushing drones.
Speaker 4 (27:35):
Do you remember the first day we spoke ever on
air was the day after the teriff nightmare happened. And
one of our talking points that I'm reading that exist
real talking points is how how you mac will be
affected by US tariff.
Speaker 3 (27:48):
Remember you're right here. Usually Schines is a big beneficiary
of tariffs.
Speaker 4 (27:51):
Hundred percent of the US drone components has been served
by Chinese companies. At the end of the day, you
guys benefited on both ends of the terrif fame. Whether
happened or it didn't happen, it was actually a positive
for you and the way you guys Naviga that talk
about how the tariffs made you want to pivot, but
you didn't pivot and you stayed strong and look at
where you're at now.
Speaker 11 (28:09):
Yeah, Well, tariffs, especially with the uncertainty you start to question,
like what are you doing. You know, where you get
your subcomponents, where are you sourcing from?
Speaker 2 (28:17):
Should you just wait?
Speaker 11 (28:19):
And we didn't because we stuck with it and the
uncertainty has caused other competition to not show up.
Speaker 6 (28:24):
They took the.
Speaker 11 (28:25):
Weight approach, which is valid, and then it's actually given
us a little headroom on margins. So we're seeing margin
expansion while on shoring, which I mean, who ever thought
that would have happened. So it's been a real positive.
Like we're definitely one of the industries that is the
tariffs and the goal of the tariffs to bring back
the industry.
Speaker 6 (28:44):
It's working.
Speaker 1 (28:45):
Alan Evans is the CEO Unusual Machines. They're ticker symbol UMAC. Sorry,
So Alan, with the new push with this administration, as
far as the Pentagon and our armed forces are concerned,
is that great news for you guys?
Speaker 11 (29:02):
Well, I think war is bad news for everybody in general.
Speaker 3 (29:05):
But like, excuse me, this just came in a second.
Thank you, Mike, appreciate it.
Speaker 2 (29:13):
Yeah, yeah, just let's start with that.
Speaker 11 (29:15):
But back like past that, the government wanting diversified supply chains,
like not just wanting China as a supply chain for
drones and the amount of money they're putting there because
they recognize that it's really important, not just defense, but
for public safety, for national parks, for drone light shows,
for all these other things. We're definitely a beneficiary of
it is so are so many drone companies, but there
(29:36):
just aren't a lot of people doing maybe low cost parts.
So we get we're getting a lot of calls.
Speaker 4 (29:42):
Thanks, good Hey, just for you and a especially, I
will tell you this Letten and something we'll have a
surprise for you guys next week regarding regarding you Mac
in terms of project we're doing with with with UMAC.
But my question for you is you got six months
left of the year. I know you guys, you know
do a performert probably five years, but you really, as
a c the company, you're probably looking eighteen months out
of total. What are you looking most forward to? Any
(30:03):
Does anything change if I would ask that same question in.
Speaker 11 (30:05):
January vacation, I don't ever get it, but hopefully we
stabilize and I could take one. Uh No, I really
think the market will have certainty by about November, so
I'm really looking forward to seeing where the government if
they put them their money where their mouth is between
here and the end of October, and really like where
(30:26):
it goes? Does it go to FPV drones which we
specialize in, andt ISR drones like the camera drones, just
get where the money gets spent. And I think that's
going to dictate the next two or three years. So
I'm looking forward to certainty.
Speaker 3 (30:38):
There good stuff.
Speaker 4 (30:39):
His name is Allan Edvans, Ellen Evans, Ellen Evans and
his brother Ellen.
Speaker 3 (30:42):
Evans Alan Evans. I'll talk to you later.
Speaker 2 (30:46):
I love you. I love you more than my cash man.
Speaker 1 (30:49):
I know usual machines text the symbol as you am AC.
They're gonna be a scene a lot more of unusual
machines they to do.
Speaker 3 (30:58):
You see, it'll need a lot more of us.
Speaker 12 (31:01):
In just seconds, as A Big B Show continued, Wow,
Big B Show rolls on America's favorite business discothech.
Speaker 1 (31:21):
Where you're watching or listening, We appreciated me along for
the ride day trainer trio right there and send us
her pager numbers.
Speaker 3 (31:29):
And if you get a pager, we're gonna send you a.
Speaker 4 (31:32):
Commodore sixty four n a t R S eighty as
a Oh my god.
Speaker 2 (31:39):
Thank us Corey Perlman.
Speaker 1 (31:40):
Thank god it is Corey Perlman, social media keynote speaker.
He's the owner of Impact Social Media, Inc. His website's
Corey Peerlman p E r l M A n Z
Impact Social Media dot com.
Speaker 4 (31:51):
The word iPhone was not in our lexicon in two
thousand and seven. Two thousand and seven, where that wasn't
long ago? Okay, I mean, honestly, it's less than twenty
years ago. If you look at nineteen ninety nine when
the dot com bubble broke. Now, keep in mind with
the dotcom bubble was when Thomas Penfield Jackson was a
was a found Microsoft guilty of anti trust, and it
(32:14):
broke the netscapes of the world, the mind springs of
the world, all of the because we're an Internet two
point zero still, which which caused the facebooks and all
of the all sort of the new the new paradigm
in terms of you know, so, I think three point
i has got to be the perplexities the world of
AI chat, GVT.
Speaker 3 (32:30):
In this age of innovation.
Speaker 4 (32:31):
I'm truly curious about this because a as a as
a television program, as a band, you know, I used
to think I got a TV show what I got
a website, what I need social media for? You are
leaving money on the table right now if you're not
new media is all media?
Speaker 2 (32:46):
Is that?
Speaker 3 (32:47):
Would you agree with that?
Speaker 7 (32:48):
I mean my opinion is the way I look at
AI right now is it's it's like a toddler that
we're feeding, you know, apple sauce too with the little
you know airplane. I mean, it's it's so powerful in
its current form.
Speaker 4 (33:01):
But it wasn't social But but forget me, was it
Napster that back when I when I first got you
and I first got in the air what nineteen ninety two,
nine ninety three, we use We used to run into
the control room to grab bumper music for free on
Napster instead of using the carts when it came out
because it was so novel.
Speaker 3 (33:16):
Now look what you got from here? And I think
you're right. I think we don't know? Yeah no, But
do you think AI's gonna be the driver?
Speaker 6 (33:22):
I do, oh a thousand percent. That's the biggest innovation.
Speaker 3 (33:25):
I think in our in our you know.
Speaker 7 (33:27):
Our world's sort of our back nine world, if you will,
obviously the Internet.
Speaker 6 (33:31):
Being our our front nine.
Speaker 7 (33:32):
But yeah, I mean it's it's it's it's insanity, and
it's going super fast.
Speaker 2 (33:36):
I mean that.
Speaker 7 (33:38):
I think the hardest part right now is watching videos
and trying to figure out if they're real or AI generated,
because they create real.
Speaker 4 (33:44):
People, which markes me the next step, because I've had
more than one look at there's a you know when
you you do this for long enough, and you know
the reason you play a guitar when you're twelve years
and get the girls after a while is you know
these guys will tell you I run off stage as
fasts I can because you don't want the attention. I've
enough articles probably once a month. Last was Business Insider
about you know, Bob Selly Sullivan, Big big show, Laflin Hurs,
(34:05):
who's living in Newport Beach with this level the way
Paula and his two young boys.
Speaker 3 (34:10):
So the point is, okay, there's no Paula, there's two
young boys.
Speaker 2 (34:13):
I don't live an her peace.
Speaker 4 (34:14):
AI and chatch Ebt are about eighty five percent right
if you look at an article, and I can tell
the ones that are that I see.
Speaker 3 (34:19):
They're written about us and me and you and everybody else, and.
Speaker 4 (34:22):
They're about eighty five percent right because because they're just
taking everyone named Robert Saly Sullivan and they try to
they're they're scraping the internet. It's a data scrape that's
dangerous to me. Number one, and you when when you read,
and I know you you're a vociferous reader, When you're
a voracious reader. When you read, you can tell in
a New York minute what what is chatch ebt and
what's not? Don't they have to fix that first number one?
(34:45):
Number two? Don't they have to deal with the fraud
because I tell you right now, I have an attorney
that has, on eight different occasions had to write Twitter
or Facebook or what's it?
Speaker 3 (34:58):
What's the personal hitch hint? What's the hits? The the
hinge match something? Because there's public pictures.
Speaker 4 (35:08):
As me and Russ and saying that my name is
you know, Jackson T. Smallwood and I'm out there on
a Twitter account or singles account or whatever, and that
is the issue here. Now imagine not being a vortex figure.
I mean, you're up in public. It's going to happen
to you too. It happens to Mary already. Don't they
have to solve that problem before we can move forward
to social media? Because because right now, it's losing crediblity
(35:30):
because you don't what's real what's not real.
Speaker 7 (35:31):
Yes, they definitely have to solve that issue. And I think,
and I wanted to share this with your audience real quick,
the thing.
Speaker 6 (35:37):
That we need to be thinking about right now.
Speaker 7 (35:38):
Is how to AI prove ourselves And I think the
answer to that is showing up.
Speaker 6 (35:43):
More authentically on video and you know, showing behind the scenes, showing.
Speaker 3 (35:47):
How you know we're here day in and day out.
Speaker 7 (35:49):
Because people can create these personas, Like you said, I
can arguably become Sully overnight with AI, which is so crazy.
Speaker 6 (35:57):
But if they look at all your.
Speaker 7 (35:59):
History on social and see your personal brand, that's your
way to defend against AI, I would say.
Speaker 1 (36:05):
Corey Peerlman is a social media Kenot speaker, owner of
Impact Social Media. Uh, Corey, you know the phrase when
everyone's a superhero, there are no more superheroes?
Speaker 2 (36:15):
Are we have we hit the saturation?
Speaker 9 (36:22):
Uh?
Speaker 1 (36:22):
Are we almost at the saturation point with with social
media influencers. My favorite wormhole now is to go on YouTube,
is to go down and watch these punks who are
walking up to people in flexing on them, just get
laid out by the person that they think is is
it's going to be great? Is that what the feeds
servy you? What is that what the feeds serving you? Well,
if you search it, yeah, that's no people getting punched. Yeah,
(36:45):
mine's serving me something completely different.
Speaker 7 (36:46):
Oh again, is it is oversaturated? And I mean, guys,
we have to just say it. I mean, have you
seen what's going on today with the the guy the
affair thing at the Coldplay concert?
Speaker 2 (36:58):
Oh my god, what an idiot?
Speaker 4 (37:00):
Wait wait, excuse me, inside baseball sorry, party of one,
party of two, inside baseball, party two.
Speaker 3 (37:05):
He let the rest of the world and what you're
talking about for a billion dollar company?
Speaker 2 (37:09):
Rights?
Speaker 3 (37:10):
What's is?
Speaker 7 (37:10):
Uh?
Speaker 2 (37:11):
Okay?
Speaker 3 (37:11):
So this is he the CEO or whatever president CEO?
Speaker 6 (37:14):
He's at a Coldplay concert.
Speaker 4 (37:16):
He's hold on So a CEO of a billionaire company? Yes,
he is a Coldplay concert with his with his biscuit
on the side.
Speaker 3 (37:23):
Well yeah, no, she works for like she's the director
of the jar or something.
Speaker 6 (37:27):
Yes, she's she's the chief people officer.
Speaker 2 (37:30):
Thank you. And he's got his arms around her.
Speaker 3 (37:32):
She's the CPO.
Speaker 1 (37:33):
I think I don't think peace stands for people came to.
Speaker 12 (37:39):
Her and him and he goes like this, He goes, Yep,
too late, too late.
Speaker 3 (37:45):
Here's probably here's prosbal my ability. I told you to
make that appointment for you. That's posible my ability. Ghost Guys,
Now are you s Was that not real?
Speaker 2 (37:55):
Or was that really real? It's real, very real. Let
me tell you the good news.
Speaker 3 (37:58):
Let me tell you good news for him. Wasn't me?
Speaker 2 (38:01):
Yeah, well it was?
Speaker 3 (38:03):
It was c g I or whatever I mean? Is is
that what I mean?
Speaker 6 (38:06):
There?
Speaker 4 (38:07):
Listen, my mother called me just yesterday, no day before yesterday,
asking she got a message from me in Comba.
Speaker 3 (38:14):
Sant Lucas I couldn't get as cabo.
Speaker 4 (38:15):
You can ask it again for the wire twenty one
hundred dollars and thank god Steve jj Wiseman, who's our
scamp person here, just got every pa in there and
my daughter's as well as my parents do not fall
for that crap.
Speaker 3 (38:25):
It comes in that.
Speaker 4 (38:25):
I think that's that's the bane of our existence social
So if we can deal with the fraud, and we can,
as you say, AI ourselves, I think that's the end
of the story.
Speaker 2 (38:33):
Right.
Speaker 7 (38:33):
Do you remember Wikipedia that the world was able to
edit and know very quickly what was real and not real.
Speaker 2 (38:39):
Hey, listen this way too.
Speaker 4 (38:41):
I may or I may or may not be forty
years old in Wikipedia, and I'm wig. I'm six foot four,
one fifty. I may have done a few I may
have edited.
Speaker 1 (38:49):
Hey, Corey, I think that's your next book. I mean
a I proved yourself honestly goodness.
Speaker 3 (38:52):
I think it's good.
Speaker 4 (38:52):
We need to get you back in studio, but I
appreciate your help. Corey fulm Heelman, Corey Perlman, Corey Feldman.
Speaker 6 (38:59):
I've.
Speaker 1 (39:01):
Corey Perlman, social Media keynote speaker, owner of Impact Social
Media EM.
Speaker 2 (39:06):
And that is it for this edition of The Big
This Show. To everybody out.
Speaker 1 (39:10):
There participating, can't do without you. To everybody here makes
it possible. You are the best. We will see you
next time.
The big base show is sunny southern California inside the
lot of pot hundred studios.
Speaker 2 (00:07):
Soap Airra was having a great day.
Speaker 1 (00:09):
That is the incredibly talented date trader Trio, otherwise.
Speaker 2 (00:13):
Known as the DCT best in the.
Speaker 1 (00:15):
Business, No less himself, not Costa and solely with you.
Speaker 2 (00:19):
Hey, how we fought back? Letter said, how?
Speaker 3 (00:21):
I want a question.
Speaker 4 (00:23):
So the reason I bring up all of the ancillary
potential effects of robotaxis and self driving cars is because
of all the money that's been put in this in
terms of investment.
Speaker 3 (00:33):
And obviously I don't maybe there is.
Speaker 4 (00:37):
May I don't think it's a public traded company that
we can invest in now, but I guess you can
invest in Tesla.
Speaker 3 (00:42):
Which is doing that stuff.
Speaker 4 (00:43):
But the reasons that we want to pay attention to
this when you see when you see things like a
multi trillion dollar opportunity in terms of investment, is because
we can pay attention now in terms of getting in
early based upon what we're seeing.
Speaker 3 (00:55):
Right, So give us over.
Speaker 5 (00:56):
I think that's right, and it has big implications for
the market. I mean, Tesla is one of the largest
companies in the world. It's one of the largest companies
in the US stock market and it's a car company.
Speaker 6 (01:06):
We have other car companies.
Speaker 5 (01:07):
We've had one hundred year old car companies, and they
don't trade it multiples, they don't trade at prices like this.
So why is it just because people like batteries more
than gasoline.
Speaker 6 (01:16):
No, it's because the promise of AI.
Speaker 5 (01:18):
And Tesla has a lot of other tools, and they're
building the robot and that's a part of it. But
it's also this new robotaxi business and how productive that's
going to be. I mean you you said it earlier,
but Lucid Motors is up forty percent right now, it's
stock on the news that it's partnering with Uber, so
Uber is going to start.
Speaker 6 (01:36):
Getting in this game.
Speaker 4 (01:37):
So does this not now come down to market adoptability?
So just opener indicator. I realized that this is not
a you know, we have to have a thousand people
to have a statistical study, but with a few people
by a raise has the studio including how would you
feel comfortable getting a car with a driver's car?
Speaker 3 (01:53):
Right now?
Speaker 2 (01:54):
I did it in sand I've already done it.
Speaker 6 (01:55):
So yeah, I think people do it.
Speaker 4 (01:57):
Would you guys, would you guys be going to Calabasas
to in a driverless car.
Speaker 5 (02:02):
Yeah, and I mean not I wouldn't be comfortable going
to downtown La if I was in a driverless car.
Speaker 6 (02:06):
It might get burned down. But other than that, like.
Speaker 3 (02:09):
Wow, something to the point is I think the argument?
Speaker 7 (02:13):
Right?
Speaker 4 (02:14):
How is it that it's it's a it's not subject
of human error?
Speaker 3 (02:17):
Right? I mean, isn't that the major argument of driverless vehicles?
Speaker 5 (02:19):
Yeah, for this to work, it's gonna have to be
even safer than humans. I mean, it's gonna have to
just be that much better, that much smarter, that much quicker.
Speaker 6 (02:28):
In its reaction timing and all that.
Speaker 5 (02:30):
Because it's one thing when humans getting an accent, but
if you are getting an accent and you're driven by
you know, Tesla's code, then Teslam could be.
Speaker 6 (02:40):
On the phone.
Speaker 3 (02:41):
But it was likely a human error that car.
Speaker 4 (02:42):
So let me tell you this to Realizement and how
we no disrespect is it was too young for you,
But to you guys here in the studio, most of
you remember when they came up with this notion of
ATMs automatic teller machines what was called, and you put
your card in and it would kick out twenty dollars,
I would call the Jones machine.
Speaker 3 (02:59):
So I was Jones twenty bucks and remember the day.
Speaker 4 (03:02):
So that was a really big That was a really
big bifurcation on how we did business because we had checkbooks, okay,
and we had literally checkbooks, and we went at savings
passbook accounts, I went to ATMs, I went from ATMs
to debit cards, debit cards to paying with the phone.
And at the same I always say this every week,
we all have the same forty dollars in our wallets
we've had for six months because the only time I
(03:23):
use is for tipping people. So, howie this this is
this is a significant paradigm shift. But I think it's coming.
If we're this close to investment, we're five years away
from people saying Okay, here comes my robo pizza delivery,
Here comes my drone Amazon delivery, Here comes my ro taxi.
Speaker 3 (03:40):
Correct.
Speaker 6 (03:41):
What if you decide you don't need a car.
Speaker 5 (03:42):
What if you decide I'm going to pay for a
subscription or im I'm going to lose the insurance cost
every month, I'm gonna lose the car payment and I'll
just hail one of these things.
Speaker 6 (03:51):
Whenever I needed, Well, how are sorry? I do have
a car?
Speaker 5 (03:54):
If I do have a car, I can just add
it to Tesla's network.
Speaker 2 (03:57):
It'll be all you And you know that there's a model.
Speaker 6 (04:00):
Let it go all day.
Speaker 4 (04:01):
And now you know there's a model that's going to
allow you to subscribe to a driver service and also
have an add on. This says if you need to
drive one of our cars for an extra thirty bucks
a month, you have an access to four cars a
month on Sunday.
Speaker 3 (04:13):
You know that's going to happen. That would be part of
the package, right.
Speaker 1 (04:15):
The only thing how that I as you're talking and
you and Soul are talking, I'm thinking to myself, if
you can go back to let's see you do get
hit or something happens in the car. What what is
that insurance premium like either for Tesla you don't have
one for yourself?
Speaker 2 (04:30):
Yeah?
Speaker 1 (04:30):
Yeah, do you automatically void any sort of personal protection plane?
Speaker 3 (04:35):
I think there's a synthesize insurance program because yeah, I.
Speaker 5 (04:38):
Mean I think that's going to be incorporated into the
price of the of each text.
Speaker 2 (04:42):
The subscription right exactly right there.
Speaker 5 (04:44):
Yeah, Tesla will have to bear the burden. You know,
these companies will have to bear the burden of the insurance.
And that's what they're doing now, at least with you know,
I think Weaymo's and Robotaxis and Weymo's in La and
San Francisco.
Speaker 4 (04:54):
I think, yeah, here's my only issue. Here's my only issue.
And it may be something that's easy. But but you
are a young couple. Okay, your wife is in her
ninth or third trimester.
Speaker 2 (05:06):
Okay, congratulations to you.
Speaker 3 (05:08):
Better not two in the morning. Okay.
Speaker 4 (05:11):
Oh and wife's water breaks and you don't have a
vehicle because you have a subscription service. Oh boy, now
that's gonna have to be something that's because first of all,
they're either gonna have to have cars fifteen minutes away.
Because right now, even if you roll the fire department
and roll the police, it's gotten down to about twelve
minutes on average across the country for everything. Sometimes if
there there in two minutes, sometimes they're in thirty. The
(05:31):
average roll time for police and fire during an emergency
across the country fifty states is about twelve minutes, which
is prettydamn fast. Okay, somebody's gonna have twelve minutes for praise.
So the only thing I would I would say, is
there has to be some sort of mitigated you know
how the blue lights on campus, if you have trouble,
you hit a blue light, and there's gonna have to
have some stations that have smart cars or something within
(05:51):
you know, five minutes of everybody, like a fire hydrant
just in case.
Speaker 5 (05:54):
There's the basic core of family unit still has one car,
but a second Instead of having a second card, they'd
use a subscription service or something like that. But there's
a lot of it in between. There's a lot of
people that don't have kids. There's a lot of people
that are in the urban areas where it'll be more abundant.
And like Mike said, there's gonna be intermediate solutions.
Speaker 1 (06:17):
You know how, maybe maybe there's a special maybe there's
a special code you can use to overwrite everything else
to get the card there the fastest, and like if
you use it and it's a false alarm or something
like this, you lose your subscription for six months.
Speaker 4 (06:30):
And this is the weeds that they're gonna have to
get into. Kelli, here's my question, what are the counter arguments?
Are the counter arguments to this, because you know the
issue and how he can speak this probably good than anybody.
If you do a startup company and you get a
friends and family row to start whatever company are going
to start. The minute you hit about ten million dollars
in revenue, you got a problem because you can't keep
up with the demand. At that point, you can't produce
enough product. And this is across the board in almost
(06:51):
every section. You can't produce a product to support the orders.
In other words, we're doing so good, we got twenty
million orders, but we don't enough cash twenty million, and
that's where you have to raise money.
Speaker 3 (07:01):
Again.
Speaker 4 (07:02):
Don't you think that this thing sets itself up for
a cash nightmare unless they plan ahead, because this because
the adoptability here, it's going to go from zero to
fifty to five thousand that fast.
Speaker 5 (07:12):
I think that's that's exactly right. One, it's gonna be
a very competitive market. I mean, you've got we already
talked about three major players. They're gonna put billions into
this industry, so pricing is going to be hard.
Speaker 6 (07:22):
And then two, well why is why.
Speaker 5 (07:24):
Is Tesla's market cap going up? It's going up because
they think there's going to be a business there. So
if there's gonna be a business there. Then money is
going to be coming in. Okay, what does it take
for money to come in? You have to spend billions
and billions on tons and tons of cars before you
can start to get small you know, relatively small dinky
charges on the robo taxis and you want those to
turn into a title wave. But first you've got to
(07:45):
spend billions and billions on tons of charging infrastructure and
the software build out, and the moving the.
Speaker 6 (07:52):
Actual battery materials and building the cars.
Speaker 5 (07:55):
I mean, they're gonna have to build hundreds of thousands,
if not millions, of these things.
Speaker 1 (07:59):
Okay, and what Forward and Chevy and Chrysler, and.
Speaker 2 (08:05):
But are they gonna adapt or just gonna be lawsuit
after loss?
Speaker 6 (08:08):
Not gonna have to They're gonna have to adapt or die.
I mean, yeah, they are.
Speaker 5 (08:12):
They are doing an ev transition, but they have fundamentally
different supply chains.
Speaker 6 (08:16):
They have fundamentally different businesses.
Speaker 8 (08:17):
I mean, the the old OEM auto manufacturers, they make
money mostly on reselling high margin parts, not the actual
building of this year's model.
Speaker 6 (08:28):
So they're gonna have to change in something too.
Speaker 4 (08:30):
So let me so, howie, what you're discussing is a
free market economy here in competition because you know, uh
an increase of talk aou let's talk about oil versus McDonald's. Okay,
just because oil goes up doesn't mean gas prices go up. Okay,
gas gas stations are making their money on chips and soda.
Speaker 3 (08:48):
Okay.
Speaker 4 (08:49):
What makes gas prices go up is when another company, well,
gas oil price is going up to a gas station,
or like potato prices going up to McDonald's. Just because
potato prices go up doesn't mean that the cost of
French for It's just it's.
Speaker 3 (09:00):
Just a commodity there. What causes friends prices.
Speaker 4 (09:02):
Go up or down is when Burger King lowers their prices,
McDonald's lowers their price.
Speaker 3 (09:05):
Same thing with gas station.
Speaker 4 (09:07):
Isn't this all about competition in free market economy At
the end of the day, what's gonna make because you
mentioned competition.
Speaker 5 (09:11):
Yeah, I mean it's gonna put a cap is what
you're saying on how much people charge. If Tesla for
some reason was the only one, the only game in
town that had robo taxis, they might be a lot
more expensive.
Speaker 6 (09:22):
But that's not gonna be the case.
Speaker 5 (09:23):
It's gonna it's gonna be very very competitive, and that's
gonna cause a ceiling on what we're going to charge
for these services.
Speaker 3 (09:30):
So what's it gonna take.
Speaker 4 (09:31):
What's it gonna take to get I think that we're
probably seven to ten years away from uh maybe maybe
probably seven years away from blockchain and serious true digital
currency to take over traditional currency. What's it gonna take
for adoptability? Because it comes down to people not feeling safe,
for not feeling confident. For this to happen, It's gonna
(09:52):
have to take not political will, but consumer will.
Speaker 1 (09:54):
And how long do you think that's gonna take? Because
the minute that catches on pulatory will.
Speaker 5 (09:58):
Yeah, I mean the government, the government gonna have to
really write rules for this because we we don't know.
It's it's anybody's game right now. I mean what's allowed,
what's not? You know, is it all banned? And we've
seen we're seeing some zones. We're gonna see this pop
up in urban areas and slowly expand it's gonna If
you remember what the lift and Uber rollout was, I
(10:19):
mean lift or Uber was illegal and they were just
operating anywhere and.
Speaker 2 (10:22):
It was the greatest thing. You're like, what is this thing?
Speaker 4 (10:24):
I remember remember there was a question whether it will
survive or not that got offline.
Speaker 2 (10:27):
For a while.
Speaker 4 (10:27):
It was so great, it was so sketchy, and now
it's part of our daily life.
Speaker 2 (10:31):
Hollie, thank you, brother Alfia.
Speaker 1 (10:33):
That's our market analyst, mister Howie font He is always
with us here on the Big Biz Show, speaking of
always here a lot more to come here, so deep
here well back after this.
Speaker 2 (10:44):
This thing that wouldn't leave, Oh.
Speaker 1 (10:51):
My god, and over one hundred and seventy five countries
all the ship to see on the American Forces Network.
As always we say thank you to the brave men
and women.
Speaker 2 (11:11):
Howdie to you, it's coming. That's the day day train
or tree you just.
Speaker 1 (11:15):
Saw Beck there at the bar, that's them right there
back here at the bar's Costa and Sully and a
big old hawdie fel you to the military of Mendo
women serving our country overseas and Underwrige.
Speaker 2 (11:24):
God bless you and love you. A big old happy
and a big old hattie to you.
Speaker 4 (11:29):
One of my favorite guests on this program is John
yu Once you introduced him, because I'm glad he's back
in town because there's so much good stuff going on.
Speaker 1 (11:35):
A lot of good stuff, Doctor John, you, of course
CEO of Cairo's Farmer of their ticker symbols Ka Pa.
Doctor you always great to see you, sir. Welcome to
the show once again. How are you, Bud.
Speaker 9 (11:45):
Thanks for having me back, Mike con Sully.
Speaker 4 (11:47):
It's a pleasure give us an overview of what's happened
if But let's get to the note you said this morning,
because there's some pretty significant things happening with the company,
and it was interesting. Is you sort of delivered on
what you sort of intimated what was gonna happen a
few weeks ago.
Speaker 3 (11:58):
Let's talk about that.
Speaker 9 (12:00):
Yeah, so we really our safety results from the Phase
two trial, which showed that there were no grade three
or four toxicities, meaning there are no adverse effects from
the drug that stopped patients from taking the drug. And
that's important because when patients get off the anti androgen
(12:20):
therapies and start either pluvicto, which is a radiating seed
type of therapy, or chemotherapy, there's about a fifty to
sixty percent Grade three or four adverse event rate, meaning
that they get all these toxicities that keep them from
taking the drug. Our drug had zero of that. So
it's a very safe drug, it's a very well tolerated drug,
(12:43):
and I think the markets really responded to that.
Speaker 4 (12:46):
Yeah, so your safety data. And again I said this
before today. We rarely talk about stock price on the show.
We're not a promoter type show. We interview everything from
public companies to freaking authors and celebrities. But I'm just
going to say, you had an eighty percent of stock
rise based upon fundamental data that came out. That's pretty
interesting considering that you're a company that has been battling
(13:07):
an undervalued position that had your share price had nothing
to do with the value your company, and now it's
it's pretty interesting that the market reacting to is such great news.
Speaker 9 (13:15):
You know, a drug has two components. One is the
safety and the other is efficacy. And so in September,
we're going to report the efficacy results of this cohort
of patients and and hopefully, uh, you know, we'll be
able to go into detail about how the drug works
and if it works and how so I think that'll
(13:37):
be an interesting event. We're going to have a kol
event or key opinion leaders around it that can discuss
our therapy as well as the therapies that are the
standard of care right now for prostate cancer patients.
Speaker 4 (13:51):
Hey, John, I gotta ask you just based upon the
safety issue, does that have an effect on what it
means for other cancers that for your drug drug or
does that I'm down.
Speaker 3 (14:00):
We have to wait for thefficacy overs in September.
Speaker 9 (14:02):
Yeah, so I think the safety is definitely a very
good signal that it's very safe. We're actually doing another
trial in lung cancer and we hope to report results
from that trial as well over the next couple of months,
and so definitely some catalysts for the company coming up.
Speaker 5 (14:23):
Uh.
Speaker 9 (14:24):
And I think it's it's an important thing because this
is a common mechanism of resistance to cancer drugs, and
and we hope to demonstrate that not only in prostate
cancer and in lung cancer, but it appears to be
relevant in breast cancer and colon cancer as well. So
(14:45):
this is something that we're very interested in developing.
Speaker 2 (14:49):
Doctor John.
Speaker 1 (14:49):
You is a friend of the Big BI Show, CEO
of Cairo's pharma ticker symbols kap A. Doctor U, there's
there's a million million reported cases of prostate cancer with men.
What do you I think the number is when you
think in terms of how many men there are in
the world and the cases that.
Speaker 2 (15:04):
Are not reported.
Speaker 3 (15:05):
Asking for a.
Speaker 1 (15:06):
Friend, No, No, I'm good with my check up.
Speaker 7 (15:10):
You know.
Speaker 9 (15:10):
The thing about prostate cancer is is that by the
time you're seventy, about fifty percent of men have prostate cancer.
Speaker 2 (15:17):
Wow.
Speaker 9 (15:18):
Thankfully, it's very slow growing at that point. Sure, and
it's a fraction of men that get a malignancy that really,
you know, spreads through their body, and that's what our
drug is designed to treat. But prostate cancer itself by
the time you're seventy is exceedingly common.
Speaker 7 (15:36):
Well.
Speaker 4 (15:36):
Good, So so I got five years, yeah, for you
to get yet, I got five years for you to.
Speaker 3 (15:41):
Go to FDA charals NDA and get approved. I'm feeling
good about this job.
Speaker 2 (15:45):
I feel.
Speaker 3 (15:48):
This is a serious question. I'm not asking for a friend,
although I sort of am.
Speaker 4 (15:51):
Does lifestyle have somebody do with protest cancer or is
this just a roll of the dices I've met. Unfortunately,
I've had two very good friends I've had I've had
probably seven friends I've had prostate cancer, and two of
them one came very close to death. One of them
died because it was just too late, and it was
such a surprise because you think prostate cancer is one
of those cancers that that you know, if you get
it early enough, it's not going to kill you.
Speaker 3 (16:10):
But but he, you know, it was horrible. What is
his lifestyle?
Speaker 4 (16:13):
There is the luck of the draw is this genetic
is an inflammation as a surgeon.
Speaker 6 (16:17):
Hard to know.
Speaker 9 (16:18):
I mean, there's definitely a genetic component to it that
makes you either more susceptible or less susceptible. But there
are things out there, you know, like diet that can
that can you know, significantly impact it. And there's you know,
more being demonstrated with you know, red meats and processed
meats and processed foods. So yeah, we're probably taking in
a lot of stuff that.
Speaker 4 (16:39):
So Mike, maybe get off of the salami diet and
maybe get off of the shark houteri plate diet, maybe.
Speaker 3 (16:43):
Get into something maybe we have maybe have a b
cancel off the diet.
Speaker 4 (16:47):
Hey John as a as a as a seam of
a public company. But also just opposing that with being
literally an MD and a surgeon, when you do I
do you have ht way right presentation and Septmber I
think September eighth or tenth or something. Do you take
the purview when you're speaking or presenting or do your
people do they include the fact that you are tip
(17:09):
of the spear in terms of you know, as as
a physician as well as a guy that is a
seat of a public company, because it really is significant
because I don't think in the years that we've been
interviewing biopharmat bio biotech companies, we've ever seen a CEO
that's actually still in the front of the battlefield at
the same time he's developing a solution.
Speaker 3 (17:26):
Does that come up? Is that a metric for you
at all?
Speaker 9 (17:29):
Or is that well, I mean, for me, it's only
natural because you know, when you see patients that have
cancers that come back and you see, you know, the
emotion that's associated with the hopelessness that's associated with cancers
that recur, I mean, all the more we want to
be able to you know, impact that disease and give
(17:50):
hope to patients. And so really, you know, my job
and not only as a as a doctor, but as
a scientist and an officer at this company is to
give hope you know.
Speaker 3 (18:03):
Well, I mean, I mean.
Speaker 4 (18:04):
It's it's it's a confluence of altruism for you because
of what you had to see, you know, and how
many you know, and how many visits with patients they
had to drop some news. But it's also the fact
that there's hope here and the fact that you're the
seeking of a public company and you have a finucial
responsibility to create surehold value.
Speaker 3 (18:18):
So it's kind of the perfect situation.
Speaker 4 (18:20):
Last of all, before I let you out of here,
with respect to what we have for the next six
months and the and the arc of the story for
the FDA, what are you looking at that time when?
Because every time people hear this interview, I get a
ton of emails saying when when when?
Speaker 3 (18:31):
When? When?
Speaker 4 (18:33):
Reasonally speaking, you know, what, what's the finish I look like?
When do we go to commercialization?
Speaker 9 (18:38):
So you know, it's sometime next year that hopefully we'll
be completing the trial of one hundred patients. And so
this is a large trial, but the fact is that
it's it's a pretty definitive one that's randomized to either
receive our drug or not receive the drug, and we
see how patients live without their cancer. So it's pretty
(18:59):
definitive that there won't be any question by the end
of that uh. And you know then we should have
an answer and we hope to go partner with a
large pharma at that point to co develop this, you know,
toward commercialization.
Speaker 4 (19:13):
Hey, John, I want to I want to have you
back early next week or the following week, real quickly,
because I know that you've had a couple of metrics
happening in terms of in terms of moving the ball
down the road, in terms of capital formation, in terms
of shareholder value. But I got to tell you it's
every time we talk to you, it's more encouraging, especially
if you've got a couple of guys that are staring
down the barrel of sixty five and seventy years old,
especially Mike here.
Speaker 3 (19:34):
You'll come back very soon.
Speaker 2 (19:35):
Thank you, John, You doctor John.
Speaker 1 (19:37):
You the CEO Kyles Barba Hey a PA that is
a ticker symbol helping guys like us and a lot
more out there.
Speaker 4 (19:44):
Are you concerned that you're that you're on your second
pe by ten thirty at night?
Speaker 2 (19:48):
A little bit. It's a little bit. It's because I
drink a lot of water. Wink wink. Much more to
come with the big vitio.
Speaker 3 (19:54):
Keep in the here water is Latin for funyons.
Speaker 4 (20:05):
LAFT one hundred Studios, The Big Biz Show, and our affiliates,
and our hosts are not registered investment advisors or broker dealers.
Speaker 10 (20:14):
Our show hosts make no commitment that the purchase of
securities of companies profiled or otherwise mentioned in our programming.
Speaker 4 (20:19):
Are suitable or advisable for any person, or that an
investment in such securities will be profitable.
Speaker 5 (20:24):
In general, given the nature of the company's profile and
the lack of an active trading market for the.
Speaker 1 (20:29):
Securities, investing is highly speculative.
Speaker 3 (20:31):
It carries a certain high degree of risk.
Speaker 1 (20:34):
We profile selected publicly traded and privately held companies on
our program Most.
Speaker 9 (20:39):
Of these companies that we profile have provided compensation to
LAFT one hundred Studios and its hosts for the profile coverage.
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From time to time, we sell shares of the company's
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for coverage of client companies.
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But never sell stocks.
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If we are speaking about interviewing, we're covering up public
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Speaker 10 (21:05):
Specific questions on compensation can be obtained by contacting producer
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Speaker 4 (21:13):
Listeners should verify all claims and do their own due
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As mentioned on this program.
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Investing in securities is speculatives and carries a high degree
of risk.
Speaker 10 (21:22):
We encourage our investors to invest carefully and read the
investor information available at the websites on the.
Speaker 8 (21:27):
Securities and Exchange Commission at SEC dot gov and or
the Financial Industry Regulatory Authority FINRAM at www dot fr
dot org.
Speaker 3 (21:38):
I like it, Hey exat a rescue plan.
Speaker 2 (21:47):
Wherever you're watching, wherever you're listening.
Speaker 1 (21:48):
Big This show rolls on live for the Lockfront hundred
studios here in southern California. That is the grossly awesomely,
completely overly talented date and what you just said.
Speaker 4 (22:01):
They're gross, They're awesome, but they're overly talented. They maybe slow,
but they're stupid.
Speaker 1 (22:04):
Yes, back here, back here at the VARs Costa and Sully.
Speaker 4 (22:08):
As BBS rolls on, they may be untalented, but they
can't play.
Speaker 3 (22:14):
Big BI show continues. Please tell you we got more
talent on that stage.
Speaker 2 (22:17):
Oh my god.
Speaker 1 (22:19):
Just being able to sit here every morning and listen
to them just warm up.
Speaker 4 (22:22):
I was, I was acually, I was sending I got
a chance to do a bunch of music with John Feldman.
Do they call Felly who's a genius behind April Levine,
genius behind at least you're a Goldfinger and several Emmy words.
Speaker 3 (22:37):
He's a real deal. Yeah, he remember Also I think
he did Bruno Mars. So we got to do.
Speaker 4 (22:42):
Some music and UH for this first session, James and
Brian are going to go up to UH to record
with him, to to to finish up with the songs.
And I'm writing to Feldman here and I gotta read
this because this is to my boys on stage there.
Did you guys read your bios that I sent over
on text? So because I'm because I'm you have to realize,
(23:02):
I said, Hey, I said, I want all you guys
get together. Feldman legendary lead singer in Prolific UH, the
Quincy Jones of our time, James East. Over the years,
James have formed with some of the biggest names in music,
including Lionel Richie, Tony Braxon, Patty Leabell, James Ingram, James,
wasn't he like anyway? David Foster, Clint Black, Sir Elton John.
Speaker 3 (23:22):
That's James Ea slady and gentlemen, good God, Ane, Brian Short.
Speaker 4 (23:26):
It gets even more bearing the stage, James Brown, Dave Matthews,
Bernie Mordell, le Allman, Brothers, Man Ray Man, Xerica, The Doors,
Chris Franz, The Talking Heads, Buddy Miles Uh and Little
Chris and Nightcrawlers at the Mirror, Mason Bowl.
Speaker 7 (23:40):
Fa.
Speaker 3 (23:40):
I mean, James, I think Trace was in that band?
Is too right? Who are you coming up here? One
of my good friends.
Speaker 1 (23:46):
We have we we have really quickly fallen in uh well,
man crush Land with this guy, Alan Avian's CEO of
Unusual Machines.
Speaker 2 (23:55):
Is that a place, man crush Land?
Speaker 3 (23:56):
Yeah, well that is.
Speaker 1 (23:58):
It's the next place next to Star Alan I talk
more than me and my ex wife ever talked.
Speaker 3 (24:03):
What's up?
Speaker 11 (24:03):
I mean with those glasses?
Speaker 4 (24:05):
I meant Mike as Mike rips his glasses off immediately.
Speaker 2 (24:11):
Yeah. So the guys we have a product, we.
Speaker 4 (24:15):
Have a product sponsor in uh in uh what are
these things called? Against this much catus? The good friend
Paul Gonzalez is a bigger partner and his partner rickensalas
Uh started Quick Silver and Hurley, remember Hurley, they started
this company too, and he's they're coming out there with
the problem is is that when I run out of
contact lessons, you're you're dealing with this guy and this
(24:38):
those are great.
Speaker 11 (24:40):
You should just never buy a new contact you.
Speaker 4 (24:42):
Know, you know, yes, I'm gonna hear after, I'm gonna
hear off the air what he really thinks about them. Alan,
of course, is the CEO of of um A C
and News on Machines. You mentioned boy, I'll tell you
your life is uh. We never talked about numbers, and
we never talked about stock in this company and in
this program. But I have to say your market cap
has gone to the roof. And I think the other
thing that's happening is is between the folks that are
(25:03):
getting involved in capital formation.
Speaker 3 (25:05):
I mean, this is a testament to how to run
a company or maybe run a country.
Speaker 4 (25:09):
Know that clean cap table, a clear picture on what
you're gonna do. Tell them what you're gonna do before
then do it. I mean I know that your humble guy,
and I'm all, seriously, you guys, you know I goof
around a lot, but at the end of the day,
you really did show up with a company that's clean
as a whistle, and not many public companies can say that.
Can you talk about the structure because you never had
to take toxic financing, you never need a reverse split.
I mean, it's one of those things in a company
(25:30):
that you see very rare in a small, smaller cap
Nazdak company talk about that.
Speaker 11 (25:35):
Yeah, So I think it starts. I came out of
the venture background. I was a Silicon Valley startup kid,
and so I look at the public markets is trying
to provide the same opportunity with the same clarity, and
so the whole team is, you know, focused on cash flow.
So we didn't do the thing where we cookie jar
the company where you see a lot of CEOs take
big salaries or whatever else. And we really wanted to
(25:56):
build it out so if people invested, they got something
without any sort of surprise and getting people involved they
supported it. And we were able to really have a
strong investor network, in part because whenever we do directly finance,
so we don't like pump beforehand or whatever. We actually
my job starts when we take money and I have
to get my investors in ir R. And I think
(26:18):
that's really important and in doing that, we've had investors
that have stuck with us the whole way and helped
us navigate when it's turbulent.
Speaker 4 (26:24):
And what's interesting is this is a story about supply chain.
This is a story about manufacturing and and and ramp manufacturing.
Talk about the story in itself, and then talk about
the company because you're really you're really in a pretty
narrow lane business, but it also has a has a
an adoptable addressable market that is probably endless thinking about
(26:45):
how how technology is going.
Speaker 11 (26:47):
Definitely, supply chains are boring until something goes wrong and
then you wonder why cars are sitting on the parking
lots in COVID or you know why there's no test.
So true, right, So it's boring if we're doing it right,
and really it's along. So if we're placing orders for parts,
and we do drone parts, we have to place orders
nine months ahead of time at least with our supply
(27:09):
network to have parts so that we have them on
the shelves when our customers come and.
Speaker 2 (27:12):
Ask for them.
Speaker 11 (27:13):
And so we're really we've been building that out for
about a year and a half. We're building a drone
factory in Orlando, like a motor factory, which should come
online here in about a month. All this stuff's in.
Let's just hope we didn't screw it up too bad.
But everything's looking good, and you know, we're now placing
orders for nine to twelve months from now so that
we have the material that our customers need. With the
way the government's really pushing drones.
Speaker 4 (27:35):
Do you remember the first day we spoke ever on
air was the day after the teriff nightmare happened. And
one of our talking points that I'm reading that exist
real talking points is how how you mac will be
affected by US tariff.
Speaker 3 (27:48):
Remember you're right here. Usually Schines is a big beneficiary
of tariffs.
Speaker 4 (27:51):
Hundred percent of the US drone components has been served
by Chinese companies. At the end of the day, you
guys benefited on both ends of the terrif fame. Whether
happened or it didn't happen, it was actually a positive
for you and the way you guys Naviga that talk
about how the tariffs made you want to pivot, but
you didn't pivot and you stayed strong and look at
where you're at now.
Speaker 11 (28:09):
Yeah, Well, tariffs, especially with the uncertainty you start to question,
like what are you doing. You know, where you get
your subcomponents, where are you sourcing from?
Speaker 2 (28:17):
Should you just wait?
Speaker 11 (28:19):
And we didn't because we stuck with it and the
uncertainty has caused other competition to not show up.
Speaker 6 (28:24):
They took the.
Speaker 11 (28:25):
Weight approach, which is valid, and then it's actually given
us a little headroom on margins. So we're seeing margin
expansion while on shoring, which I mean, who ever thought
that would have happened. So it's been a real positive.
Like we're definitely one of the industries that is the
tariffs and the goal of the tariffs to bring back
the industry.
Speaker 6 (28:44):
It's working.
Speaker 1 (28:45):
Alan Evans is the CEO Unusual Machines. They're ticker symbol UMAC. Sorry,
So Alan, with the new push with this administration, as
far as the Pentagon and our armed forces are concerned,
is that great news for you guys?
Speaker 11 (29:02):
Well, I think war is bad news for everybody in general.
Speaker 3 (29:05):
But like, excuse me, this just came in a second.
Thank you, Mike, appreciate it.
Speaker 2 (29:13):
Yeah, yeah, just let's start with that.
Speaker 11 (29:15):
But back like past that, the government wanting diversified supply chains,
like not just wanting China as a supply chain for
drones and the amount of money they're putting there because
they recognize that it's really important, not just defense, but
for public safety, for national parks, for drone light shows,
for all these other things. We're definitely a beneficiary of
it is so are so many drone companies, but there
(29:36):
just aren't a lot of people doing maybe low cost parts.
So we get we're getting a lot of calls.
Speaker 4 (29:42):
Thanks, good Hey, just for you and a especially, I
will tell you this Letten and something we'll have a
surprise for you guys next week regarding regarding you Mac
in terms of project we're doing with with with UMAC.
But my question for you is you got six months
left of the year. I know you guys, you know
do a performert probably five years, but you really, as
a c the company, you're probably looking eighteen months out
of total. What are you looking most forward to? Any
(30:03):
Does anything change if I would ask that same question in.
Speaker 11 (30:05):
January vacation, I don't ever get it, but hopefully we
stabilize and I could take one. Uh No, I really
think the market will have certainty by about November, so
I'm really looking forward to seeing where the government if
they put them their money where their mouth is between
here and the end of October, and really like where
(30:26):
it goes? Does it go to FPV drones which we
specialize in, andt ISR drones like the camera drones, just
get where the money gets spent. And I think that's
going to dictate the next two or three years. So
I'm looking forward to certainty.
Speaker 3 (30:38):
There good stuff.
Speaker 4 (30:39):
His name is Allan Edvans, Ellen Evans, Ellen Evans and
his brother Ellen.
Speaker 3 (30:42):
Evans Alan Evans. I'll talk to you later.
Speaker 2 (30:46):
I love you. I love you more than my cash man.
Speaker 1 (30:49):
I know usual machines text the symbol as you am AC.
They're gonna be a scene a lot more of unusual
machines they to do.
Speaker 3 (30:58):
You see, it'll need a lot more of us.
Speaker 12 (31:01):
In just seconds, as A Big B Show continued, Wow,
Big B Show rolls on America's favorite business discothech.
Speaker 1 (31:21):
Where you're watching or listening, We appreciated me along for
the ride day trainer trio right there and send us
her pager numbers.
Speaker 3 (31:29):
And if you get a pager, we're gonna send you a.
Speaker 4 (31:32):
Commodore sixty four n a t R S eighty as
a Oh my god.
Speaker 2 (31:39):
Thank us Corey Perlman.
Speaker 1 (31:40):
Thank god it is Corey Perlman, social media keynote speaker.
He's the owner of Impact Social Media, Inc. His website's
Corey Peerlman p E r l M A n Z
Impact Social Media dot com.
Speaker 4 (31:51):
The word iPhone was not in our lexicon in two
thousand and seven. Two thousand and seven, where that wasn't
long ago? Okay, I mean, honestly, it's less than twenty
years ago. If you look at nineteen ninety nine when
the dot com bubble broke. Now, keep in mind with
the dotcom bubble was when Thomas Penfield Jackson was a
was a found Microsoft guilty of anti trust, and it
(32:14):
broke the netscapes of the world, the mind springs of
the world, all of the because we're an Internet two
point zero still, which which caused the facebooks and all
of the all sort of the new the new paradigm
in terms of you know, so, I think three point
i has got to be the perplexities the world of
AI chat, GVT.
Speaker 3 (32:30):
In this age of innovation.
Speaker 4 (32:31):
I'm truly curious about this because a as a as
a television program, as a band, you know, I used
to think I got a TV show what I got
a website, what I need social media for? You are
leaving money on the table right now if you're not
new media is all media?
Speaker 2 (32:46):
Is that?
Speaker 3 (32:47):
Would you agree with that?
Speaker 7 (32:48):
I mean my opinion is the way I look at
AI right now is it's it's like a toddler that
we're feeding, you know, apple sauce too with the little
you know airplane. I mean, it's it's so powerful in
its current form.
Speaker 4 (33:01):
But it wasn't social But but forget me, was it
Napster that back when I when I first got you
and I first got in the air what nineteen ninety two,
nine ninety three, we use We used to run into
the control room to grab bumper music for free on
Napster instead of using the carts when it came out
because it was so novel.
Speaker 3 (33:16):
Now look what you got from here? And I think
you're right. I think we don't know? Yeah no, But
do you think AI's gonna be the driver?
Speaker 6 (33:22):
I do, oh a thousand percent. That's the biggest innovation.
Speaker 3 (33:25):
I think in our in our you know.
Speaker 7 (33:27):
Our world's sort of our back nine world, if you will,
obviously the Internet.
Speaker 6 (33:31):
Being our our front nine.
Speaker 7 (33:32):
But yeah, I mean it's it's it's it's insanity, and
it's going super fast.
Speaker 2 (33:36):
I mean that.
Speaker 7 (33:38):
I think the hardest part right now is watching videos
and trying to figure out if they're real or AI generated,
because they create real.
Speaker 4 (33:44):
People, which markes me the next step, because I've had
more than one look at there's a you know when
you you do this for long enough, and you know
the reason you play a guitar when you're twelve years
and get the girls after a while is you know
these guys will tell you I run off stage as
fasts I can because you don't want the attention. I've
enough articles probably once a month. Last was Business Insider
about you know, Bob Selly Sullivan, Big big show, Laflin Hurs,
(34:05):
who's living in Newport Beach with this level the way
Paula and his two young boys.
Speaker 3 (34:10):
So the point is, okay, there's no Paula, there's two
young boys.
Speaker 2 (34:13):
I don't live an her peace.
Speaker 4 (34:14):
AI and chatch Ebt are about eighty five percent right
if you look at an article, and I can tell
the ones that are that I see.
Speaker 3 (34:19):
They're written about us and me and you and everybody else, and.
Speaker 4 (34:22):
They're about eighty five percent right because because they're just
taking everyone named Robert Saly Sullivan and they try to
they're they're scraping the internet. It's a data scrape that's
dangerous to me. Number one, and you when when you read,
and I know you you're a vociferous reader, When you're
a voracious reader. When you read, you can tell in
a New York minute what what is chatch ebt and
what's not? Don't they have to fix that first number one?
(34:45):
Number two? Don't they have to deal with the fraud
because I tell you right now, I have an attorney
that has, on eight different occasions had to write Twitter
or Facebook or what's it?
Speaker 3 (34:58):
What's the personal hitch hint? What's the hits? The the
hinge match something? Because there's public pictures.
Speaker 4 (35:08):
As me and Russ and saying that my name is
you know, Jackson T. Smallwood and I'm out there on
a Twitter account or singles account or whatever, and that
is the issue here. Now imagine not being a vortex figure.
I mean, you're up in public. It's going to happen
to you too. It happens to Mary already. Don't they
have to solve that problem before we can move forward
to social media? Because because right now, it's losing crediblity
(35:30):
because you don't what's real what's not real.
Speaker 7 (35:31):
Yes, they definitely have to solve that issue. And I think,
and I wanted to share this with your audience real quick,
the thing.
Speaker 6 (35:37):
That we need to be thinking about right now.
Speaker 7 (35:38):
Is how to AI prove ourselves And I think the
answer to that is showing up.
Speaker 6 (35:43):
More authentically on video and you know, showing behind the scenes, showing.
Speaker 3 (35:47):
How you know we're here day in and day out.
Speaker 7 (35:49):
Because people can create these personas, Like you said, I
can arguably become Sully overnight with AI, which is so crazy.
Speaker 6 (35:57):
But if they look at all your.
Speaker 7 (35:59):
History on social and see your personal brand, that's your
way to defend against AI, I would say.
Speaker 1 (36:05):
Corey Peerlman is a social media Kenot speaker, owner of
Impact Social Media. Uh, Corey, you know the phrase when
everyone's a superhero, there are no more superheroes?
Speaker 2 (36:15):
Are we have we hit the saturation?
Speaker 9 (36:22):
Uh?
Speaker 1 (36:22):
Are we almost at the saturation point with with social
media influencers. My favorite wormhole now is to go on YouTube,
is to go down and watch these punks who are
walking up to people in flexing on them, just get
laid out by the person that they think is is
it's going to be great? Is that what the feeds
servy you? What is that what the feeds serving you? Well,
if you search it, yeah, that's no people getting punched. Yeah,
(36:45):
mine's serving me something completely different.
Speaker 7 (36:46):
Oh again, is it is oversaturated? And I mean, guys,
we have to just say it. I mean, have you
seen what's going on today with the the guy the
affair thing at the Coldplay concert?
Speaker 2 (36:58):
Oh my god, what an idiot?
Speaker 4 (37:00):
Wait wait, excuse me, inside baseball sorry, party of one,
party of two, inside baseball, party two.
Speaker 3 (37:05):
He let the rest of the world and what you're
talking about for a billion dollar company?
Speaker 2 (37:09):
Rights?
Speaker 3 (37:10):
What's is?
Speaker 7 (37:10):
Uh?
Speaker 2 (37:11):
Okay?
Speaker 3 (37:11):
So this is he the CEO or whatever president CEO?
Speaker 6 (37:14):
He's at a Coldplay concert.
Speaker 4 (37:16):
He's hold on So a CEO of a billionaire company? Yes,
he is a Coldplay concert with his with his biscuit
on the side.
Speaker 3 (37:23):
Well yeah, no, she works for like she's the director
of the jar or something.
Speaker 6 (37:27):
Yes, she's she's the chief people officer.
Speaker 2 (37:30):
Thank you. And he's got his arms around her.
Speaker 3 (37:32):
She's the CPO.
Speaker 1 (37:33):
I think I don't think peace stands for people came to.
Speaker 12 (37:39):
Her and him and he goes like this, He goes, Yep,
too late, too late.
Speaker 3 (37:45):
Here's probably here's prosbal my ability. I told you to
make that appointment for you. That's posible my ability. Ghost Guys,
Now are you s Was that not real?
Speaker 2 (37:55):
Or was that really real? It's real, very real. Let
me tell you the good news.
Speaker 3 (37:58):
Let me tell you good news for him. Wasn't me?
Speaker 2 (38:01):
Yeah, well it was?
Speaker 3 (38:03):
It was c g I or whatever I mean? Is is
that what I mean?
Speaker 6 (38:06):
There?
Speaker 4 (38:07):
Listen, my mother called me just yesterday, no day before yesterday,
asking she got a message from me in Comba.
Speaker 3 (38:14):
Sant Lucas I couldn't get as cabo.
Speaker 4 (38:15):
You can ask it again for the wire twenty one
hundred dollars and thank god Steve jj Wiseman, who's our
scamp person here, just got every pa in there and
my daughter's as well as my parents do not fall
for that crap.
Speaker 3 (38:25):
It comes in that.
Speaker 4 (38:25):
I think that's that's the bane of our existence social
So if we can deal with the fraud, and we can,
as you say, AI ourselves, I think that's the end
of the story.
Speaker 2 (38:33):
Right.
Speaker 7 (38:33):
Do you remember Wikipedia that the world was able to
edit and know very quickly what was real and not real.
Speaker 2 (38:39):
Hey, listen this way too.
Speaker 4 (38:41):
I may or I may or may not be forty
years old in Wikipedia, and I'm wig. I'm six foot four,
one fifty. I may have done a few I may
have edited.
Speaker 1 (38:49):
Hey, Corey, I think that's your next book. I mean
a I proved yourself honestly goodness.
Speaker 3 (38:52):
I think it's good.
Speaker 4 (38:52):
We need to get you back in studio, but I
appreciate your help. Corey fulm Heelman, Corey Perlman, Corey Feldman.
Speaker 6 (38:59):
I've.
Speaker 1 (39:01):
Corey Perlman, social Media keynote speaker, owner of Impact Social
Media EM.
Speaker 2 (39:06):
And that is it for this edition of The Big
This Show. To everybody out.
Speaker 1 (39:10):
There participating, can't do without you. To everybody here makes
it possible. You are the best. We will see you
next time.
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