Episode Transcript
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Speaker 1 (00:01):
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Speaker 7 (01:35):
I like it, Hey, exact a rescue planing.
Speaker 6 (01:43):
Ay, another beautiful day here in sunny southern California. We
always hide the lot one hundred studios bringing you the
Big Biss Show.
Speaker 7 (01:51):
Hope you have a great day.
Speaker 6 (01:52):
That is the incredibly talented day Triador Trio, No lessons
self talk back here at the bar, No lessons period
pasta Ert Redman and of course sy.
Speaker 1 (02:09):
So I heard how many people have working here, like
thirty with the band. Yeah, there's about to be another
one in the uh cely entertainment group, Lost entertainment.
Speaker 7 (02:21):
What's it called? Loft studios? What's your thing? Thank you
appreciate that and big big show. Thanks, nothing gets I'll
get it. Hold on, you don't hear the you don't
hear the ring at all that.
Speaker 1 (02:36):
May I say that our Emmy Award winning director Jared
show your face please?
Speaker 7 (02:40):
Oh you dog? Yeah?
Speaker 1 (02:42):
Yeah, you get a call, Dolly said, was it's a boy?
Speaker 7 (02:50):
Get out here?
Speaker 6 (02:56):
Are you?
Speaker 7 (03:01):
You know what? Jared?
Speaker 6 (03:05):
So, how Old's pais?
Speaker 7 (03:07):
How Old's Paisley?
Speaker 8 (03:08):
Wow?
Speaker 7 (03:09):
To in November? All right?
Speaker 6 (03:10):
Oh my god?
Speaker 7 (03:11):
So yeah yeah, so yeah, yeah, it's it's isn't fantastic? Yes? Yes,
so Jerry? So when is it? Okay? When's it?
Speaker 3 (03:20):
Do?
Speaker 7 (03:21):
Yeah? Because all being micro is going backwards?
Speaker 9 (03:24):
Right You're saying when are you going to be taking
off work?
Speaker 10 (03:30):
Is what I want to When?
Speaker 7 (03:31):
When is uh?
Speaker 6 (03:32):
When's little Mike?
Speaker 7 (03:33):
Do you little Sully?
Speaker 3 (03:36):
Uh?
Speaker 7 (03:38):
Actually? You know, you know middle Lewis this this is
I think this is a Coleman lame remember name the show?
Speaker 6 (03:46):
Magnim I done? Magnum? Oh sorry, although I was I.
Speaker 7 (03:54):
Was thinking danger.
Speaker 6 (03:55):
Danger is good, rip crash rip Coleman. Yeah, danger Coleman,
Agnam Coleman. That sounds like an adult films.
Speaker 7 (04:03):
Hey. Steve jj Wiseman is the scam man. He is.
Speaker 1 (04:06):
He is the the author of several books, including the
Truth Out of Boding Scams. I didn't have to alert
as he likes to say things aren't as bad as
you think. They're far worse. But I will tell you
Steve is the Steve didn't have Scamside, and I think
Russ Tenails got restless hoole and I bugged him so much,
said you have so much content, you should do something
(04:26):
every day, and he started the scamside dot com. And
I can tell you scammers usually pick on young adults
under the age of twenty four and elderly over the
age of eighty type thing or seventy five eighty and
and you know, just just the easy stuff, Like Steve,
(04:47):
what is it like if there's a punctuation air in
an email from Bank of America, it's probably scam if
they misspell your name, never if you serve the irs IRA.
Jared just asked if there's pregnancy test scams. But the
easy stuff is like the I R. S doesn't send emails,
they they don't call you, right, I mean, what are
some of the easy ones from the past day that
(05:08):
we talked about, just the stuff that you spotted in
a New York minute.
Speaker 4 (05:12):
You know, one of the things is anything with the
gift cards. And you know the problem is we used
to say like you were talking about, scare has got
to me. Look for the punctuation error, look for the
spelling error. But now with AI, they can make things.
(05:32):
You know, someone who's English is not their primary language,
it will look good.
Speaker 10 (05:36):
You know.
Speaker 4 (05:37):
One that I noticed it was kind of interesting. It
was a punctuation thing someone might not necessarily notice. And
that is when we do something with the dollar sign,
we put it before the number. In France they put
it after the numbers. So you get something that's supposedly
from the I R S with the dollar sign after
(05:57):
the number they're looking for, and you know it's a scam.
So well, those things are are easy. But you know
they pray, and you you indicated that on the young
and particularly you know, the new the college kids age
and seniors. Now, seniors have an excuse. There's a part
of our brain that deals with skepticism that becomes less
(06:19):
viable as we age, so we are more trusted. But
the kids they have no excuse except for the fact
that they just trust what they see online.
Speaker 1 (06:27):
And that well, I mean, and I think kids get
scared faster with that without life experience, right, I mean,
have you got the road?
Speaker 9 (06:33):
There's a big toll road scam happening.
Speaker 7 (06:35):
Oh my god.
Speaker 9 (06:35):
And so my daughter who's sixteenth or she was sixteen
at the time, sent me a text from her friend.
Speaker 8 (06:40):
She's like, Mom, is this real?
Speaker 9 (06:41):
And it said you must pay this now, and I said, nope,
it's not real.
Speaker 8 (06:44):
Don't click on that link at all.
Speaker 9 (06:46):
But they she was afraid of getting in trouble with
her parents, right.
Speaker 1 (06:49):
I remember the fishing scams, the computers that you know,
if you don't pay any money.
Speaker 7 (06:52):
We're noting this virus scam. One of my kids.
Speaker 1 (06:54):
I never did it, got sucked into the thing. Luckily
we got out of it quickly. But it's the age
old thing. My mom even called me the hay pack.
Are you still in Costa ricas we've sent down nine
thousand dollars? I mean with the AI stuff, you know,
and I think I forget it.
Speaker 7 (07:09):
What was called the thing?
Speaker 1 (07:10):
It was called the Ethiopen letter scam or the or
whatever it was called originally Nigerian leather scam. Yes, I
mean it was a million's I had a question for you,
I am and if you guys are getting I'm getting
all kinds of text messages, yeah, offering me jobs like
there's you guys get the same thing?
Speaker 6 (07:27):
Is that a scam?
Speaker 10 (07:27):
Seed? Is that?
Speaker 1 (07:28):
Is this they're going to ask you for a fee
or something like that for the people that actually are
looking for job.
Speaker 4 (07:33):
Yeah, And here's the thing. First of all, so many
scams have gravitated now towards text messages because we take
those more seriously, we respond to them quicker. A lot
of people just don't even pay attention to their emails.
So that's one place you look at the number that
is being used to send you that text. And it's
a very simple, readily available technology called spoofing, where you
(07:56):
can make that text appear to come from the company
or the government agency that's supposedly offering you the job.
And it's my motto again, trust me, you can't trust anyone,
you know, when you are actually getting a job offer. Yeah,
at some point they're going to need your social Security
number in order to do proper tax withholding. But you
(08:17):
can never be sure if it's legitimate or not. And
they do a great job of making it seem it,
so you know, maybe they're hiring you awfully quickly, why
are they contacting you to begin with? So what you
do is you just confirm if it's supposedly a job
offerer from Microsoft, you can contact HR at Microsoft and
find out. So you should never respond to any text
(08:40):
that asks for personal information or to click on a
link unless you've really confirmed it, making it worse. You know,
a lot of times we'll have security software that will
pick up a link that's going to take you to
some malware. But what the scameras are doing now is
sending out emails and text messages with QR codes, and
(09:03):
the security software doesn't pick that up, so you can't
trust any of this.
Speaker 1 (09:08):
Here's my question for you, Steve, as I'm looking here
in my text messages, is there a because they're they're
coming from phone numbers that are local to me here
for example, like a local area eight five eight area code,
and and and a lot of them are like look
at we we saw your application on our YouTube linker,
(09:30):
like we do have a paper route and and and
the interesting part of it is like here here here's
one right now. Uh, can you send us your current
email so I can sell you the best options so
you can pick out an interview time. I mean, it's
they're so obvious, but you know there's fish out there.
Speaker 9 (09:48):
Right, I have a question as simple as clicking on
that link infect your phone. Can they have something that's
attached to that link that could automatically infect your phone
with a virus.
Speaker 4 (09:58):
Yeah, unfortunately they do. And the problem is also that
no matter how good your security software is, if this
link is exploiting it with malware, that's what we called
a zero day defect, one that has not yet been discovered.
It takes the security software companies about a month to
fix that. So, yeah, you don't want to click on
that link, because you're right, it could download that malware
(10:22):
just by clicking on the link.
Speaker 1 (10:23):
Hey, Steve, tell us about scam side for you. Let's
out of here today. You got a new scam today
every day, so.
Speaker 4 (10:29):
Oh yeah, and you know you go back. I don't
know to thank you or to curse you.
Speaker 6 (10:39):
Steve JJ Weiseman. Scamside dot com is the website. Everybody
go there if you want to save money more importantly,
avoid a horrible scam.
Speaker 7 (10:49):
All right, you don't want to avoid this though, much
more to come with the big show to keep it air.
Speaker 6 (11:07):
Sonny Southern California. Although it's June, which means there's gloom everywhere.
Never gloom in the studio when you got the day
Trader trio back here at the bar, it's Costa and
Mary Burke Goblin. Hope you guys are having a great day.
It's always appreciate you being along for the ride.
Speaker 7 (11:22):
Let's see if I can do this.
Speaker 6 (11:30):
I'm trying to. I'm trying. I'm trying.
Speaker 10 (11:33):
It's me.
Speaker 6 (11:33):
It's me. You didn't mean you didn't take lessons and
you're playing the drums. I can't get you guys to
finish cleanly on too, So it's my fault.
Speaker 11 (11:43):
You just gotta get it in early enough and then
we know to do it at the end.
Speaker 6 (11:46):
Ah okay, I see, bring the bus around.
Speaker 8 (11:49):
Say, bring the bus around around.
Speaker 6 (11:53):
Bus always comes back around.
Speaker 7 (11:54):
That's what it is. Our buddy.
Speaker 6 (11:56):
Dani Groney Speaker, CEO, coach, chief Launch Officer, Danigronney dot
com also professor. And you're teaching a new class. Great
to see you, by the way, Yes, you've got a
new You've got a new class. You're teaching in the fall.
Speaker 12 (12:08):
I hear. I'm going to be teaching business law, which
will be fun.
Speaker 6 (12:12):
Wow, Holy moly, lawyer so yes, okay.
Speaker 8 (12:15):
But I love business law. Your thing.
Speaker 12 (12:18):
I was a corporate lawyer. Yes, okay, but business law
in college is a little bit different. It's kind of
all the types of law, so from torts and negligence
to property to contracts to corporations. So it's like a
mini like preview of what law school might be like,
all the things you need to know.
Speaker 6 (12:38):
We have some questions for you about AI and what
AI is doing to people in the job market today
and is it separating us or bring us together? But
you've got a new book coming out.
Speaker 12 (12:46):
I got a new book coming out called work Verse,
and actually it is written by myself the founder of
this company called Marlee that we've talked about before. Misch
and Marlee, the AI coach, has written some so.
Speaker 8 (13:02):
It an actual AI bought helps write.
Speaker 10 (13:04):
Yes, awesome.
Speaker 8 (13:05):
I love that you're just being honest about it.
Speaker 6 (13:08):
Oh no, what I meant.
Speaker 12 (13:09):
The thing they're part of the author on the what
is the workplace going to look like now with AI?
And how do we combine people in tech people in
AI particularly, And it's such a cool book.
Speaker 8 (13:21):
What do you and Marley have to say about it?
Speaker 12 (13:24):
Me, Marley and Michelle have to say that you cannot
stop the train from coming AI is here. It's everywhere
in our lives. What we can talk about whether you
guys are using it, I'm using it an awful lot.
Whether you use it for sales, whether you use it
Canva uses it for presentations, all sorts of companies that
(13:47):
are using it, Gong for sales and one mind, a
friend of mine's company, they have an AI bought that
will actually be your salesperson. Super cool, my friend, Amanda Kelo.
And AI is here to stay. And it's not that
AI is going to replace your job, but the people
that know how to use AI certainly will replace you
if you don't know how to use AI. And so hey,
(14:09):
young people, all those business law students, Yeah, let's figure
out how to incorporate AI as a skill set.
Speaker 6 (14:16):
It didn't work. But did AI make the physical process
of writing the book easier?
Speaker 7 (14:20):
Well?
Speaker 12 (14:21):
Yes, because AI is right like this plethora of data
and information that it can prepare and serve up in seconds. Yes,
I mean, as you've seen, it's just so cool. And
so you can give it parts of the book. You
can have it look at other parts and go out
there to you know, using a large language model like chat,
GBT or Gemini and get other information, and you know,
(14:44):
you've got to be really good about your prompts, and
you got to really be good about fact checking it.
Speaker 9 (14:48):
That's what I was going to ask you when you
say people that know how to use AI? Is that
actually people that know how to create the right prompts,
you know, come up with the ways in which to
use it.
Speaker 8 (14:59):
You know, explain to me what it is.
Speaker 12 (15:00):
I mean, there's creating AI and building AI products and
all those things, and then there's using it, and yes,
garbage in, garbage out. If you put in a bad
prompt that says make this better, it's probably not going
to be that much better. But if you put in
a prompt that, for example, says, hey, look at the
market for this thing. Look at the top ten companies here.
Give me a summary of X, Y, and Z relative
(15:22):
to those companies, their revenue, how they've succeeded, how they've failed,
Tell me what are those things, and then spit it
out to me in one paragraph that is concise about
what's the next step forward for this particular problem, and
you write the problem out. Yeah, you're going to get
really good stuff.
Speaker 8 (15:40):
So how long would your prompt be?
Speaker 9 (15:42):
Because it sounds like it's very detailed prompt.
Speaker 8 (15:46):
Yeah, and how you know that's like a whole month?
Speaker 12 (15:49):
Give you a lawyer's answer, just since we're talking about business. Well,
and the answer is it depends, okay. I mean, I
just think it depends what you're looking for and how
much data you have that you know that you're trying
to do to shape the answer that you're looking for.
But for me, for example, you know, doing keynotes and
doing new presentations. What used to take me twenty thirty hours,
(16:10):
I can now do in an hour. Wow, which and
I put in all the old stuff and it looks
at the old stuff, I can put in a new
reel and say, hey, here's my new reel. But look
at my website, and look at this competitor's website, and
look at the world, and look at the market and
the market for speaking about generational issues or the combination
of people in tech in the workplace and how to
(16:31):
grow the workplace and boom.
Speaker 8 (16:34):
How do you feel about students using it?
Speaker 12 (16:35):
I love it?
Speaker 8 (16:36):
Okay, this is what I love it.
Speaker 9 (16:38):
You know, my daughter's going to go to college. Yeah,
I'm thinking she's going to use everyone's Yes.
Speaker 12 (16:42):
Actually, should probably take a course in AI. I mean
high school should have a course in AI, how to
use AI in college.
Speaker 9 (16:48):
Because is it considered cheating anymore? Because you know, people
are docking. Teachers are docking kids for saying AI wrote
their paper, but then it's not real that the student actually.
Speaker 8 (16:59):
Did write the PA.
Speaker 12 (17:00):
I mean like if it's a paper or you know,
and you're borrowing things and they're writing it and you're
being judged on your writing, I could see where AI
might be a problem. But if you are being judged
on putting a presentation together for a business or a
strategic presentation and you're not using AI, you're failing. And
the kids don't know how to use AI, and there
(17:20):
is this kind of conflict between should I be able
to use it or not? But the world is there.
We use it in real life and businesses every day.
No one says to you, oh, put your hands behind
your back and don't touch the AI key because we
don't want better information, right, we don't want better results.
Speaker 6 (17:35):
Stan Groni, Speaker, CEO, coach, consultant, chief launch officer, author
and college professor. Always great to have him here with
us inside the Left one hundred studios. Okay, so you
mentioned high school kids being offered a class on AI
just to learn how high school, college, high school.
Speaker 7 (17:51):
Sorry, workers in the workplace.
Speaker 6 (17:53):
Okay, that to me, that's one of those things where
tech is You've told us time and time again, technology
is advanced at warp speed, and businesses cannot stop the train.
Get on board, learn how to use it, become part
of this ecosystem.
Speaker 12 (18:09):
Well, it's like chastising someone years back for buying something
on the internet. Right when the internet came out. You
didn't go to a store, No, because I can use
my phone.
Speaker 6 (18:20):
But you get the sense that businesses, maybe big fortune,
five hundred companies out there, are realizing, hey, we have
some employees, some people upper lower management. They need to
get a crash course.
Speaker 12 (18:33):
I think all businesses are struggling with trying to figure
out how to balance their people and how to balance
AI and how to bring them together to integrate it
to create better work efficiencies, better workflow, better ideas of
who might do a particular job and how to do
that particular job. And it's the wild wild West, and
(18:53):
so the more if you're young or if you're old,
really look at AI and learn to understand it, because
it will set you apart, like and your daughter, Amen, Yes,
better on that.
Speaker 9 (19:06):
When you're saying AI too, I mean really, my experience
with it is chat GBT.
Speaker 8 (19:11):
It's the only thing I know how to use. Are
there other things? I mean, I know there's all sorts.
Speaker 12 (19:15):
Of so all software is in different disciplines.
Speaker 8 (19:17):
Now use AI, Okay.
Speaker 12 (19:19):
They use AI to make your customer service better. They
use AI to know what ads to serve to you
on Instagram. They use AI to make processes more efficient,
to build a better product. And as being used everywhere, everywhere.
Speaker 8 (19:35):
It's everywhere.
Speaker 6 (19:37):
What's the name of the new book coming out?
Speaker 12 (19:38):
Work versus the work versus the new workplace? Yes, and
probably in the next few weeks.
Speaker 6 (19:45):
I think I love it.
Speaker 12 (19:46):
Yeah, yeah, house the summer going good, good, love it.
Just trying to get ten. And when I saw myself
on screen, I'm like God.
Speaker 6 (19:55):
Speaker, CEO, coach, consultanty blaunch, officer, author and professor. Probably
great to thank you, brother. The Big B Show Continue
is live from the lot of Blood hundred Studios in
southern California. Wherever you may be watching or listening worldwide,
we welcome you back to the program. I hope you're
having a great day.
Speaker 7 (20:12):
Thank you for being along for this ride.
Speaker 6 (20:13):
That is the day Trader trio back here at the bar,
and is Costa, is Mary Berg Godwin and of course
it is Sully.
Speaker 7 (20:20):
We're going to see you today.
Speaker 1 (20:21):
You know, a very special guest on set, one of
my favorite people because we've had conversations.
Speaker 7 (20:25):
On and off the on and off the show. And
I'm glad you're back.
Speaker 1 (20:28):
And I didn't realize you're so close until the second
interview and we started begging to come down.
Speaker 7 (20:33):
Thank you so much for coming.
Speaker 1 (20:33):
Nazeb Gallery is his name, and of course n t
w K is his ticker single symbol. Netsaltech dot com.
Netsall is the name of the company. It is so
good to see you and it's and what's interesting is
is is your value proposition and what you guys are
doing as a leader in AI powered solutions for And
(20:54):
I'll let you take it from here because we're talking
OEMs dealerships. You're you're helping people sell is what you're
really doing.
Speaker 10 (21:00):
Absolutely was well, Thank you again, Selice, you invite me.
Speaker 5 (21:03):
I was pleased to drive pic because I really enjoyed
last time when I was there two years ago.
Speaker 7 (21:09):
And I'll tell you when it happened.
Speaker 1 (21:11):
Last time you everything you said was going to happen
in your business has happened, and it happened faster than
you said.
Speaker 7 (21:17):
So I'm gonna let your review again.
Speaker 1 (21:18):
What you guys do for the folks who don't remember
seeing him on the air, but talk about what you
guys are doing.
Speaker 7 (21:22):
Okay.
Speaker 5 (21:23):
We are a pure technology company. We've been around for
twenty five plus years. We support the biggest auto finance
sector globally, China the biggest market.
Speaker 10 (21:36):
US is the second biggest market. We're growing. But what
we do is.
Speaker 5 (21:40):
Basically our product, which is to support leasing in finance
businesses powered by now Ai.
Speaker 7 (21:46):
Okay.
Speaker 1 (21:47):
So when you just so understand when you're talking about
leasing in finance, okay, you're talking about when we're in
that little room signing our papers and they're hitting the
button on the computer.
Speaker 7 (21:58):
You guys are the backbone.
Speaker 10 (21:59):
It does pretty much.
Speaker 5 (22:00):
So we basically deal with auto fuindance companies, okay. And
you can imagine the size of the market. It's quite huge.
China is our biggest market, uses the giant which we
are not penetrating, so it has an amazing I think
opportunity to grow the business because we despite the fact
that we are so many years in the business, there's
(22:21):
still a lot to grow because the market is growing
and it's a multi trillion dollar market worldwide and it's
the one hundreds of billion dollar market in auto sector.
Speaker 7 (22:30):
Okay, So which is which?
Speaker 1 (22:32):
Which makes sense because you remember it was called the
the nine line form or something back in the day.
We had to remember you to be in the finance office.
You're leasing a car or buying a car in ages
and pages and so now you have given an infrastructure
to that in the backgroin of where does AI come
into this, because that was because when we had you last,
it was sort of scratching the service. But now it's
become a pretty big part of what you guys are
(22:52):
heading towards, right.
Speaker 5 (22:53):
Yeah, So look, the best part of this whole business
is the.
Speaker 10 (22:57):
Ecosystem we have.
Speaker 5 (22:59):
That is the best talent we have the software programmer engineers.
Now the AI equate powered with the new technology and
new ideas. So the talent pool is the main thing.
They're the one who are cutting coats, designing system making software,
implementing all the finance company wherever they are and to
give you a classic example is the China. For example,
(23:21):
we have twenty five out of finance companies multinational.
Speaker 1 (23:26):
We have told you so you're talking about finance companies
in China. Yes, you're talking about auto finance companies in
the country. Is there ever thought about that, You know,
a thought about the citizens of China, the amount of
people there and they need cars just like we do,
and they're all paying cast for cars.
Speaker 10 (23:43):
You hit the nail on the head. I'll tell you why.
Speaker 5 (23:45):
Twenty five years ago when we started doing our business,
China only had one finance company, which was Mercedes been
back then exactly two thousand and four, and so we
were the first one who introduced finance companies of the
technology to support the finance companies. So we are the
middle piece the engine that drive finance business.
Speaker 1 (24:09):
The if you think in terms of the engine, you
start thinking in terms of if you buy a Ford
or you buy Our customers by at BMW, it always
says on the paper their name. Are you are you
plane wrap?
Speaker 3 (24:23):
Are you?
Speaker 10 (24:24):
Are you?
Speaker 7 (24:24):
Are you? Are you letting them license the technology?
Speaker 1 (24:28):
Are you actually doing the technology technology?
Speaker 5 (24:31):
We're not in leasing business leading software.
Speaker 6 (24:36):
Ajeev Gari is the director of CEO of nets al Tech,
netsoltech dot coms website through Texas symbol and t w K.
What's it like dealing with the Chinese government? I mean,
are they sitting there going boots.
Speaker 7 (24:46):
On the ground and yeah, where's our well?
Speaker 5 (24:48):
You know interesting, I'm proud to say we've called well
loan in China. We actually when I was an invasion
last year in October, we met the government of Tianjin,
which is a big growing tech sector hut actually, and
they give it all respect. They appreciate the fact that
we are the only company in this space that auto
finance company is using our self here to run the
(25:11):
multi billion dollar business.
Speaker 10 (25:12):
So it's a pretty good position for us to be
in China.
Speaker 7 (25:14):
But is there an so when you're doing financing? Is
there what's the interest rate?
Speaker 5 (25:17):
They don't do financing the self here? The technology to
do I'm just talking as a country. Well, I mean
it could be a good way, you know, because here.
Speaker 7 (25:25):
What smells like to me? She as a capitalist. It's
like free market economy.
Speaker 1 (25:30):
I mean we're talking about China, right, Yeah, that didn't
exist before.
Speaker 7 (25:33):
Now I realized you're not the fans coming, you're the backbone.
Speaker 1 (25:35):
But I'm saying that the people that are filling little
boxes that are saying, this is your interest rate, this
is the amount.
Speaker 9 (25:44):
So you were talking about that being in that little room,
and it gives me the anxiety to think.
Speaker 8 (25:49):
About because it's hours that we used to spend in there.
Speaker 9 (25:51):
So what you're doing, you're speeding up that process, right,
and so we're not there for four hours.
Speaker 1 (25:55):
But Mary, a clipboard and a wave will get you
through any any door in any city.
Speaker 8 (26:00):
So I'm always the one that carries the clipboard. Do
you know me?
Speaker 7 (26:05):
I get the same time as if you take that philosophy.
Speaker 1 (26:09):
I would call up, probably when I was thirty years old, okay,
just make it in the world. I would come and say, hey,
I'm not coming down there. I'd call the last day
of the month. But this is how I think I
know the hamshreel is different here. It is last day
of the month. I called six pm. Now what does
that mean for salespeople?
Speaker 6 (26:25):
Mike got it, whatever it takes.
Speaker 7 (26:27):
It's the last day of the month. They're going to
cut a deal.
Speaker 1 (26:31):
I call it maybe five pm? No, they close it nine,
last day of the month. Okay, call up and I
asked for the sales manager. Look, I'm bying a card,
whether it's somebody else, I'm not coming down there.
Speaker 7 (26:42):
Here's what I got. Okay, let me fax over what's
your page, your number? Let me fax over the five
liner wherever filed it out.
Speaker 1 (26:51):
And the point was not many people think that way,
and that's why one of the reasons that you that
you're successful as far as you for.
Speaker 5 (27:00):
The simplify, just imagine your an auto finance company, right.
Speaker 10 (27:04):
Your job is to sell and lease cars.
Speaker 7 (27:06):
Right.
Speaker 5 (27:06):
Sure, we are the middle piece who help facilitate that transaction, but.
Speaker 7 (27:10):
It's expedient though. Also that's a bit which is what
she was getting to. It's not just a.
Speaker 1 (27:14):
Matter of having the technology. It's that's asi's having something bigger, better, faster, starker, cheaper.
It's also the fact that you really are a kind
of the peak of efficiency in probably the most inefficient market.
Which so so let me ask you this. All of
us use digital currency because we all have the same
forty dollars in our pocket unless we're tipping somebody, right,
we use our credit cards, we use our phone, we
(27:35):
use electronic currency. There's this thing under the new digital
currency which we're gonna see the next fight to seven
years that is run by the blockchain. Blockchain is the
infrastructure that runs that.
Speaker 10 (27:46):
When that happens.
Speaker 1 (27:47):
When I buy a car, I'm gonna hand you the money,
You're gonna hand me the car. Or I'm gonna hand
you a dollar, you're gonna have me a potato. There's
no middleman involved in that. Saying I know that you
and I talked to this before about that doesn't really
change your world, does it. Because fancies still refinancing. There's
still going to have to be an infrastructure to do
that financing, and it probably accelerates what you're doing exactly
because of the fact that it's more simple for peer
(28:07):
to peer transactions versus having a broker in the middle.
Speaker 7 (28:12):
What's up?
Speaker 8 (28:13):
Sorry, go ahead.
Speaker 5 (28:14):
But we also, since I meant last time two years ago,
now advanced mobility digital transaction in the US market, for example,
give you a class example.
Speaker 10 (28:23):
We supported the finance companies.
Speaker 5 (28:25):
Then we pivoted on top of what we'll be doing
with the finance companies auto finance companies.
Speaker 10 (28:29):
All over the world. Now we have a digital platform.
Speaker 5 (28:32):
What it does is and the best way to explain
you is to give you an example, in the US
two years ago we implemented with the digital middal with
the BMW US.
Speaker 6 (28:42):
Remember I remember two three hundred and.
Speaker 5 (28:45):
Fifty dealerships are now being connected with our platfor right.
Speaker 7 (28:48):
Then and you were right at the you were on
ramping that the last.
Speaker 5 (28:50):
Serve and it's so beautiful that it's we spend a
lot of time, invested a lot of time and bring
AI into that powered with AI technology, so that is
more speedy, a cost saving, improving, putting your balance sheet.
Speaker 10 (29:03):
Employees are doing better.
Speaker 5 (29:05):
So it's got new to the new news setup to
really move things fast.
Speaker 10 (29:10):
See digital thing is really the key right now.
Speaker 7 (29:12):
I think so too.
Speaker 1 (29:12):
And I think the other piece of two that that
that people need to understand is that right now car
dealerships are really a broker for you to get that
type of car. They're gonna be an on ramp versus
being a broker. It's a lot different. It means, it
means at.
Speaker 7 (29:23):
The lower prices, the lower lower transaction, but it's never gonna.
Speaker 1 (29:26):
It's very competitive, but it's going to increase your business
because it's it's going to be more accessible and meaning
because those types of cars are going to be you're
gonna be down in price. Last of all, for I
let's get out here. First of all, you got to
come back. I need you for a whole hour.
Speaker 7 (29:37):
You know I love you.
Speaker 10 (29:38):
I'll keep coming back.
Speaker 1 (29:41):
I want to know what happens in your world and
in the world when self driving cars start becoming a reality.
Does that change anything in terms of your liability, in
terms of of with respect to how many cars you
can or how many dealerships you can handle, how many
different verticals you can handle, or are you.
Speaker 5 (29:56):
Guys mostly speaking study I don't like self serving car I.
Speaker 7 (29:59):
Don't mean either, but I'm talking about it's common.
Speaker 10 (30:01):
Risky is risky, but it's happening, you know, well.
Speaker 7 (30:03):
There's no human error, which is what the argument is.
The argument is that there's a example, you know.
Speaker 1 (30:07):
Right, But that's so how big can you expand? And
how fast you expand? I guess it's the real question.
Speaker 5 (30:11):
Well, I think, look, when you have established name like
Nestsoul with the best engine, the technology, the artificial intelligence,
the AI, thing is not empowered with the AI, we're
looking at the future.
Speaker 10 (30:23):
We're not just using the old technology.
Speaker 5 (30:25):
We really moved on, pivoted from old technology to the
new technology.
Speaker 10 (30:28):
So I think we always will.
Speaker 5 (30:30):
Remain relevant in the industry and we'll keep bringing new
idea that would make us stronger and we really make
a value proposition for our customers.
Speaker 1 (30:38):
I'll tell you his name is NAJEEB Gowery, one of
my favorite people, one of my favorite guests. I want
you for a whole hour because what I want to
know is when you start being the infrastructure for real
estate transactions?
Speaker 7 (30:48):
Oh boy, because you could.
Speaker 11 (30:50):
The technology is there by n w K, that's Soule
Tech dot com is a website the symbol and TWK
director CEO Najeev Gary you about any brothers skips and
(31:22):
he beat breaking news today.
Speaker 1 (31:25):
Final study completed for Singulates lead Assets X thirteen O
one of course Singulate Public Trading Company under the Octember
C toxsticle c I n.
Speaker 7 (31:33):
G of course.
Speaker 1 (31:34):
Shane Schaefer, a good friend of the program, Chairman and
CEO Singulate Singulate dot Com dealing with eighty Sorry was
that ady, HD?
Speaker 3 (31:41):
Thank you?
Speaker 1 (31:44):
Yeah, brother, don't forget.
Speaker 3 (31:48):
I mean, you know who we are.
Speaker 1 (31:49):
Hey, listen, I'm his first compassionate case. They come out with, Hey,
can you talk before we get into uh for some
of the people that don't know who you are in
the company is but there's an awfu lot of people
that are tuning because and you're gonna be on the
air tonight talk about the fact that no serious adverse
effects reported on your final study completed for your for
CTX thirteen nine one.
Speaker 7 (32:10):
That is a big deal.
Speaker 1 (32:11):
This is a huge, huge milestone for you guys at
the biotech company talking about that.
Speaker 3 (32:15):
Yeah, I mean number one just being completed. With all
of our clinical trial work, I mean we've been in
constant communication with the FDA for the last five six years,
you know about our clinical trial program. This is the
final study and it's now over. We have the capital
in place to get us all the way through this
year to get the NBA submitted and filed. We'll have
a lot of inflection points and milestones. But one of
(32:36):
the things you said solely is really important here. We've
now had over nine well nine nine clinical trials, and
in every single one of those trials, we had either
no or fewer side effects than what any other product
that's been on the market.
Speaker 1 (32:50):
And just changes reminding the other products are things like
person came with cis probably not the right one different
drug side effect was that was initially a side effect
by the way, can I so, but we're talking about
the adderalls of the world, the uh, the vibeances of
(33:13):
the world, and so on and so forth. And and
this is for the for the people who are listening
for the first time. You've come up with a drug
that is or working on a drug and going through
FDA clearance and so on and so forth that treats
ADHD what used to be called hyperactivity disorder or a
d D now called attention deficit hyperactive disorder.
Speaker 7 (33:32):
And there's only been a few drugs that you could use.
Speaker 1 (33:35):
But it's basically a stimulant, which doesn't make any sense
to the rest of us until you start thinking about
the science because the stimulant is basically would stimulate you,
and you think the last thing someone with ADHD needs
is stimulation. But apparently it affects the front lobe. But
you have a time release sort of method here, as
we're saying, where you've got you've got a coding that
releases one part of the drug and then a second
(33:55):
part of the drug. And the reason being, Shane, I'll
let's you'll lets you talk about because that's been the
biggest prom with ADHD drugs is because you got to
keep taking them.
Speaker 7 (34:03):
There's no way to monitor. Takeover on that for a
minute for me.
Speaker 3 (34:06):
Yeah, So, I mean you get there's two classes of
medications used for ADHD. Ninety plus percent uses what's called stimulants.
The other part uses non stimulants. Let's think of non
stimulants as your third or fourth or fifth choice, because
that's really what it is. It's you can't tolerate the stimulants.
But now back to the stimulant class, they've been treated,
They've been used for over seventy years, and the FDA
(34:27):
has never rejected a stimulant for the treatment of ADHD.
And we're preparing to submit our NDA, which is a
new drug application in just a matter of months. So
major inflection point for our company. But when you look
back at the treatment history of this, you know, they
call them stimulants because if you don't have ADHD, you're
going to get stimulated. But if you have ADHD, what
it does is it normalizes your brain and puts you
(34:48):
in a much better perspective for you know, to to
deal with your daily activities.
Speaker 1 (34:51):
I want to I want to read from this press
release because it goes to right what you're saying here,
because you have you are in development of the first true,
one daily stimulant.
Speaker 7 (35:01):
Medication that treats ADHD over an entire day.
Speaker 1 (35:05):
And what's critical is this is doesn't matter what your
food intake is or anything else.
Speaker 7 (35:09):
There's nothing affecting it.
Speaker 1 (35:10):
This works regardless, or at least that's what the early
test indicating.
Speaker 7 (35:14):
Correct.
Speaker 3 (35:14):
So we did a study a couple of years ago
with our twenty five milligram dose, which is the mid dose.
Now fifty is our highest dose, and by the way,
it'll be the highest available dosage form anywhere in the
world of a methyl fanadate based preparation. So this is
a huge clinical and commercial advantage. So would be the
highest dose than an adult let's say that as severe
ADHD could actually utilize to cover their entire active day.
(35:39):
So we want to get you from home to homework,
breakfast to dinner, revel we to taps your active day.
No one has ever done that before. Not only do
we accomplish that because we now timed three specific doses
at the right time of the day in three specific ratios.
We're not giving you the same dose three times, because
that doesn't make sense. We're giving you the right.
Speaker 12 (35:57):
Amount at the right time and in the right style.
Speaker 3 (36:00):
We pulsonately need to and we give you a sustained
release when that's the more appropriate to deliver your ADHD mets.
And we have eight dosent strengths across the entire spectrum
of the disorder. So for the first time, physicians, providers, nurses,
nurse practitioners PAS, they're going to finally have the ability
to give patients with ADHD one tablet last the entire
(36:21):
active day. Has a lower side effect profile than anything
we've seen before in ADHD, and it has an effect
size three to four times greater than the so called
best products that ADHD has been used that has been
treating ADHD patients for the last fifty years. It's truly
groundbreaking work.
Speaker 6 (36:37):
Change Schaeffer the chairman and CEO of single It there
at ticker symbols C I, n G. Also at Kansas
City Chiefs loser a playoff football though yeah, win of.
Speaker 7 (36:50):
The Raiders playoff games.
Speaker 6 (36:53):
No, I love this class.
Speaker 7 (37:00):
Mic.
Speaker 6 (37:00):
Sorry, buddy, I'm fired back and I wasn't expected.
Speaker 5 (37:04):
I love it.
Speaker 7 (37:04):
I love it.
Speaker 9 (37:05):
Let's get back to the subject at hand, Please see
I want to talk about because I know I've talked
to you briefly about my daughter and her being diagnosed
with ADHD. So in kids, is it the same single
It can also be used for children, right, or she's not.
Speaker 3 (37:19):
Even We'll be seeking approval in ages six and older.
So that's the typical approval, so you know if there
are there's a small percentage of patients below the age
of six that do get treated. That's typically really severe
case cases of ADHD. We'll be seeking approval in six
and older, which is pretty much every product's label on
the market. And then can always make a decision to
use it earlier.
Speaker 9 (37:39):
And then you take it in the morning, early morning,
I'm assuming, because then it releases throughout the day.
Speaker 8 (37:45):
Right, just one tablet.
Speaker 9 (37:46):
As you were saying that the three times daily, it's
just automatically releasing and wake.
Speaker 3 (37:50):
Up, you wake up, take it right away, exactly when
you wake up, Take it right away, and it's going
to deliver three specific doses at times zero, three hours
later and seven hours after you took the tablet, giving
you a perfect day.
Speaker 1 (38:03):
Hey, Shane, I've got I got an email from last
time you were on from a guy by the name
of Ted Jenkins. I don't know where he's from out
but he asked the question about whether this is a drug.
Is this more about drug delivery or more about medicine
or both.
Speaker 3 (38:17):
It's a new product, but it is drug delivery. So
our PTR platform Precision Time release. Really it's a very
innovative platform for the first time in clinicians. You know,
in the ability of ADHDS is a tablet giving you
the ability to deliver two, three, four, up to five
of the same or different drugs in one little tablet. Now,
what we're doing in ADHD, and that's why we develop
(38:39):
this delivery technology, was to make sure we're delivering the
right drug at the right time and the right place
in the right style. We're going to utilize it in insomnia.
We're going to utilize it in anxiety. We're going to
utilize it in movement disorders, in oral oncology medications, in
anti virals. We're going to utilize this drug delivery platform
across the board. Right now, we're going to solve the
ADHD problem twenty two billion dollars a year category in
(39:02):
the US.
Speaker 6 (39:02):
ALO He is one of our favorites chairman CEO of
single It their ticker symbols C I, N G. He
is Shane Shaeffer, Shane always great, my friend, and in
all seriousness, good luck to you and the Chiefs.
Speaker 7 (39:12):
Thanks in the NFL playoffs. Here in a couple of
weeks past.
Speaker 6 (39:16):
All right, guys, bort the Big B Show after this