Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:23):
Tell us and then you see right there on the
street that's a big crater trio t t t best
in the business of some of it. That's right, No
lessons self taught.
Speaker 2 (00:33):
Actually seventy five percent of the fire. Everybody else costin
Mary mcgodflin, Greg Toda Rod Here at.
Speaker 3 (00:39):
The bar is a big b show continues. Of course,
Sully big had it to you?
Speaker 2 (00:43):
How had a big old hoby to you?
Speaker 1 (00:44):
Howie fuck our market analysts here on the Big bus show.
Speaker 2 (00:47):
Flewent from New York last night.
Speaker 3 (00:49):
Dud Oh, so glad to be here? Are your arms tired? Yeah?
Speaker 2 (00:53):
Your hair looks so good. See I did the dad joke.
Speaker 3 (00:56):
Your hair looks is so good?
Speaker 4 (00:57):
Does it never look bad? No, but it's it's like
a different good this time. Don't you think it's not
as poofy on the side. I know, I told him,
I said, shortened to sign.
Speaker 2 (01:05):
That's the so cow look.
Speaker 5 (01:06):
He's going for welcome, thank you, thank you very much.
Speaker 3 (01:09):
I thought, Uh, well, in Rome, you.
Speaker 2 (01:11):
Know he's wearing the tussle bok.
Speaker 6 (01:13):
Need the wardrobe to go so cow because the wardrobe
is No, he's.
Speaker 2 (01:17):
Very Menlo Park, He's very San Francisco, Menlo Park.
Speaker 3 (01:20):
Well, I don't know. I'll get it.
Speaker 2 (01:21):
I'll get it. I paid that. I don't know. I
don't know anybody about his phone, lizard, somebody's phone.
Speaker 4 (01:33):
Okay, So we were just talking about the Draw the
Line initiative whereby college athletes are betting, hassled on campus
by college students who bet on the games and with
is my phone is? It's a long story short how
much money is being bet on college?
Speaker 1 (01:50):
Who point seven billion dollars and the market?
Speaker 2 (01:56):
This is on Marksman, Wow, march Man. He used to
call it the n I T tournament was called.
Speaker 1 (02:00):
Now no March Maddis is the NCAA is separate from
the National Invatition what they used.
Speaker 4 (02:05):
To call it something else. It's not called Mark Maddis.
It's called something else. It's called the tournament, the tournament.
But what tournament is it though?
Speaker 3 (02:12):
The NCAA champions You know.
Speaker 4 (02:13):
What's interesting is I love about the NCAA Championship is
it their tournament? Is that every year there was like
a truck master school of trucking made it in totally Marshall, Bourdeen.
Speaker 2 (02:24):
You know, magic school.
Speaker 4 (02:25):
Like there's always a school you never heard of that
gets in you know what this year is University of California,
San Diego Tritons. Tritons one of the hardest schools to
get into because it's a med school. Their basketball team
ranks ahead of Santio State, who's basically okay, out of
sixty four teams, you're never sixty six, you're gonna allowed
to play it.
Speaker 2 (02:43):
UCSD's in the.
Speaker 1 (02:44):
Tournament because they moved up to Division one and in
their first year of eligibility they won their turn. They
won their conference tournament and got the automatic bid into
the field of sixty.
Speaker 4 (02:55):
I realized you might be're watching us in New York City?
Are you're watching US overseas or something like that. Yeah,
our studios based in San Diego, soo were homeber So
enough about not about San Diego, what do you think
about the podres No but but but.
Speaker 2 (03:06):
For this tournament.
Speaker 4 (03:07):
Yeah, there's a lot of money on the line here
and and so at the same time they're playing a
p s A. Hey, how he's up on the quarterback
over there, you know, but.
Speaker 2 (03:19):
It's not a problem.
Speaker 5 (03:20):
I'm happy to draw the line whenever he's needed, wherever
is needed at all times.
Speaker 2 (03:26):
When you're you're a Florida State.
Speaker 5 (03:27):
I was at Florida State. Yeah, so that's that's my
contribution here. The rest of it is like how you
guys feel during one of.
Speaker 2 (03:32):
My what was what was it?
Speaker 4 (03:35):
Did you see college athletes on campus? You were because
you were oh yeah, I mean it was like the
are they accessible?
Speaker 5 (03:40):
I was there when Florida State were We're football champions,
Jameis Winston. I was right there when Jameis Winston walked
out of a grocery store the legs, Yeah, that was
my groceries.
Speaker 2 (03:56):
Crab leg story.
Speaker 1 (03:57):
Uh, he forgot to pay for crab legs. He just thought, well,
I'm Jameis Winston. I don't have to pay for.
Speaker 2 (04:01):
These, and he walked pretty much the story. Yeah.
Speaker 4 (04:05):
Now he's the proprietor of Jameis Winston Seafood Lobster.
Speaker 5 (04:11):
But all over the you know, seminole nation, Twitter handles
and news feeds and all that, there's all these stories
about athletes. You know, you were talking about parlays earlier
in the in the sports betting at least screwing up
people's like four part parlays or something. Yeah, and there's
and people are sending Venmo requests to them yeah, this
(04:34):
is what.
Speaker 2 (04:34):
They're talking about. So this is the draw the line.
Speaker 1 (04:37):
Okay, well that's that's a vendor request. What about how
he fought in the back of the class with the
lead pipe swinging in his hand.
Speaker 2 (04:43):
Waiting for the no way to say. I will argue
because I'm part of this culture.
Speaker 4 (04:48):
Sometimes I would rather have a lead pipe guy than
I could avoid, probably than fifty.
Speaker 2 (04:54):
Thousand ding ding ding. I can't even answer the phone.
That's that's a former harassment. I tell you.
Speaker 4 (05:00):
On the other side of the coin, what I think
these college students are are seeing and it is because
of the nil uh name, image likeness. What that means
is now you know. So the two sides of that story.
N C double A makes a billion dollars a year,
is a not for profit. Coaches make eight Look at
they just fired the coach of the Minnesota junior college
(05:21):
basketball team was making it's settled for three million dollars.
Speaker 2 (05:23):
Okay, athletes who can pay jack.
Speaker 4 (05:25):
And they're on the they're on the cover Sports Illustrated
and the Wheaty's box. Finally they get to capitalize. Now
that's a double edged sword as well. Somebody students say,
look at you're making three million dollars by me and
you get paid to go to school and you're not
even the NFL yet.
Speaker 5 (05:37):
Oh, boosters pay their more coaches mortgages.
Speaker 4 (05:39):
Yeah, stuff, So that's you realize that's where it's coming from.
At some point there's a have by have not. Yes,
But I find it so interesting that now there's a
PSA that's playing on NBA when you watch an NBA game, yeah, yeah,
And and of course during the tournament here.
Speaker 2 (05:52):
Well, it all has to do with the number of
the dollar a mount for him yepathetic.
Speaker 1 (05:56):
And I think that you know, once you get to
the pros, it's like, hey, comes the territory man, night in,
night out.
Speaker 3 (06:01):
Someone's gonna be hating your guts.
Speaker 1 (06:03):
But college kids, and it's to avoid in class, You're
trying to just get your lunch somewhere in the cafeteria
and someone walks up to you and goes, hey, jack hole.
Speaker 3 (06:12):
Right, you know, wait to miss aren't.
Speaker 6 (06:14):
As accessible as you're because you could.
Speaker 2 (06:16):
Be chemistry class, right, yeah, you chemstry classes. And I
think it's more.
Speaker 5 (06:21):
I think it's more the it kind of takes away
the whole school experience that what was left was the
social aspect for the for the athletes, but otherwise, I mean,
especially the big schools, they're so separate. They all kind
of take the same electives or and they're in a
different dorm and they have I mean, they're already kind
of these other world that people.
Speaker 3 (06:40):
It's kind of you mean, they're already pros.
Speaker 5 (06:42):
Yeah, you're it's a rare event to just see them
walking around.
Speaker 2 (06:46):
But is there a.
Speaker 4 (06:47):
Vifrecation like you do they have classes that that that
you're in.
Speaker 5 (06:51):
No, it happens, but at these big schools it's like
you have to be in that.
Speaker 2 (06:56):
So basically what they're doing.
Speaker 4 (06:57):
So so I wonder if it's a digital belief, you know,
like a cyber bullying.
Speaker 1 (07:01):
It's got to be because you know, and and or
just or social.
Speaker 4 (07:05):
Media bulling, right man, I mean that's you know, that's
the people patrol sitting behind there.
Speaker 1 (07:09):
It's also very hard to hide a whole football team,
a basketball team, it's easier. So these guys a lot
of schools, guys are out on campus and stuff. And
if you're stupid enough to go get into a six
seven three pounds offensive tackles face because the team lost,
then you have fun with that, But again I think
it's the cyber bullying part.
Speaker 2 (07:28):
That's how many people came to his birthday party. You
remember the movie, remember the movie Draft Day?
Speaker 1 (07:35):
Shoot, sorry brain farting right, there was that the color.
Speaker 4 (07:43):
Kevin he had numb one draft pick. No, we would
take him and and and the so he said, does
this happen? By the way, do they send out private
investigators to check these guys?
Speaker 2 (07:51):
Look at their shorts?
Speaker 1 (07:51):
That one thousand percent so NBA, NFL, MLB. If they're
looking at a prospect young man, seems all good. Yeah,
but they so they look up.
Speaker 2 (08:02):
A shorts with the flashlight. They find out there.
Speaker 4 (08:04):
Because the premise of the story was is this first
time draft draft pan He seemed like a perfect guy,
looked like Tom Brady and everything else. But why don't
people tell you there's something untold?
Speaker 2 (08:14):
And and uh and the private eye goes up and.
Speaker 4 (08:17):
Figures out at his twenty first birthday party, none of the.
Speaker 2 (08:20):
Team came red flag red flag? Yeah, how do you
looking at his birthday party? So to wrap this up,
Draft Kings Fan Duel and what is our prize picks?
Speaker 4 (08:29):
What are the difference between those three betting operations they're
all the same. It's daily fantasy.
Speaker 1 (08:33):
You can I can your first game of the NCAA tournament,
mister Sullivan coming up on Thursday.
Speaker 2 (08:39):
I've never played fantasy sports in my mind, I can go.
Speaker 3 (08:41):
I can go in and lay one hundred bucks.
Speaker 1 (08:42):
Say you're either going to score over eighteen points as
an individual. As an individual, I can say, I think
Bob's going.
Speaker 3 (08:47):
To score over eighteen points. Nope, he's going to score
under eighteen. You ever done fantasy? Wow? Never have you done?
Speaker 2 (08:55):
Howie? No? I can I ask?
Speaker 3 (08:57):
Though I've heard that.
Speaker 5 (08:59):
I've read that five percent of the highest most volume
betters are responsible for like eighty percent of these guys.
Speaker 3 (09:07):
Is that what it is?
Speaker 5 (09:07):
I mean, you've got people putting in their life saving
the whales.
Speaker 1 (09:11):
The whales, they're doing it, and then you know, and
again you bet. They always tell you only bet as
much as you can lose, afford to lose, never chase.
Speaker 4 (09:19):
That's like saying only loan your relatives money that you
don't want to get best exactly.
Speaker 1 (09:23):
It's it's like saying, eat one potato chip. Once you
open the I don't eat anymore.
Speaker 2 (09:27):
I think you mean funian.
Speaker 3 (09:28):
Or funy and sorry, sorry, you're right.
Speaker 4 (09:30):
Funy the So at the end of the day, does
this kill I mean, could this be turning the tides
in in online betting.
Speaker 2 (09:37):
Nothing's going to turn the ties on anybody.
Speaker 1 (09:38):
Mary said it best. It's like, hey, don't litter. It's
the don't litter campaign.
Speaker 2 (09:42):
Okay, really it's true.
Speaker 3 (09:46):
Recycle please.
Speaker 2 (09:48):
Right.
Speaker 4 (09:49):
It's almost like when they're playing the beer commercials for
for uh, you know, when when you're watching the Super Bowl,
drinks responsibly, you know, drink responsible.
Speaker 6 (09:56):
Yeabody got to say to cover their Yeah, right, well
they do.
Speaker 3 (10:03):
They could care less.
Speaker 5 (10:04):
But betting on it does make it more fun, right,
I mean, got like even a five dollars.
Speaker 3 (10:09):
I mean, that's that's what that's the pushback, right, you
shouldn't put your mortgage payment. But also like fifty bucks
is fun, that's awesome.
Speaker 6 (10:17):
I like to see the bracket and just bet on
the bracket.
Speaker 4 (10:20):
The bracket thing, it's like such a that's such a
low percentage shot.
Speaker 2 (10:24):
Yeah, there's sixty four teams. I just feel I'm tired
of feeling.
Speaker 3 (10:28):
Well, the thing is about the bracket.
Speaker 1 (10:30):
The two point seven million that's bet legally, the amount
of money that's bet illegally shoes.
Speaker 3 (10:38):
Well kind of thing like office pools care which we
all make. I don't know. Oh, thanks a lot for
being the.
Speaker 2 (10:51):
Friday.
Speaker 1 (10:52):
Is so so much illegal money bet on it, but
it's a minute.
Speaker 7 (11:00):
May only have teach me what sun of the preach me.
Speaker 2 (11:17):
To see.
Speaker 7 (11:21):
Thou was planning.
Speaker 3 (11:21):
I'm for myself.
Speaker 4 (11:23):
I got nobody yel you know, I'm self following my head.
Speaker 7 (11:31):
Get done.
Speaker 1 (11:40):
I thank you to the brave man and women of
our United States are forces. I thank you to the
d T T Day Trader Trio, best of the business,
Costa Barry, but Godwin, Greg Totro and Sully.
Speaker 2 (11:53):
Tell you a lot. Today the show rolls on. Who's
our next guest?
Speaker 1 (11:56):
There, Michael, Our next guest is going to be doctor
Rosa will Cry from Medicus Pharma.
Speaker 3 (12:01):
Their ticker symbol is m d c X.
Speaker 2 (12:04):
You can go to.
Speaker 4 (12:05):
Medicasharma dot com and Advancing Novel Therapy. It is interesting
having a discussion on on Medica's Pharma because, uh, this gentleman, uh,
doctor rosabelcarry uh is entering into this thing as a
new venture. But it's also pretty pretty novel in terms
of of what's going on in the worlds by a
(12:25):
biopharma biotech doctor Bikari.
Speaker 2 (12:28):
Great to have you on the program, sir, good to
see you.
Speaker 8 (12:30):
Well, thank you so much for having me today.
Speaker 4 (12:34):
I want to talk about I want to talk a
little bit about, uh, you know, what are we talking
about therapy wise here? What got you involved in creating this?
And and and what are we what problem are we
solving here?
Speaker 8 (12:47):
Thank you again.
Speaker 9 (12:49):
Well, we are seeing entrepreneurs and investor operators that are
always in search of in novel therapy in our lead assets,
skin Jet fits the bill. It addresses the most common
cancer on the planet, which is skin cancer, which is
(13:13):
usually treated through surgical intervention.
Speaker 8 (13:16):
And we have a.
Speaker 9 (13:18):
Parented intermediate product that can deliver a chemotherapeutic agent at
the site of the legion and cure the cancer non invasively.
Speaker 8 (13:30):
And we are very excited that we.
Speaker 9 (13:33):
Are advancing our clinical development program.
Speaker 8 (13:38):
Quite effectively.
Speaker 6 (13:41):
So, doctor, you're essentially talking about a chemo patch, right
you just put right on the spot.
Speaker 9 (13:48):
It is a chemo patch put on the legion basals
out of arsenoma rather than cutting it out. To just
apply the patch in an office setting and in the
over three sittings it should cured the cancer.
Speaker 8 (14:08):
That's the objective.
Speaker 2 (14:11):
How long do you wear for.
Speaker 6 (14:14):
I'm sorry, how long do you wear it?
Speaker 3 (14:17):
Well?
Speaker 8 (14:18):
It is a thirty minute sitting.
Speaker 9 (14:22):
Three sittings of thirty minutes each over two week experiorated.
Speaker 8 (14:26):
That's what the design is for now.
Speaker 9 (14:28):
It's a novel therapy. So as we go through these
Phase two studies, which are a f.
Speaker 8 (14:34):
FEE approved, this can get more refined. But for now, it.
Speaker 9 (14:39):
Is a very elegant way to apply the badge.
Speaker 8 (14:44):
See its result, and if it has cured the cancer.
Speaker 9 (14:48):
You don't need to move on and get surgical intervention.
But if for some reason it has failed, the patient
can still get surgical intervention. We have the cancer removed,
so it's the best of the both words. How this
treatment has been.
Speaker 1 (15:09):
Designed, doctor Rosabaccari from Medicus Pharma with us here mdcx's
or ticker symbol.
Speaker 3 (15:15):
Doctor.
Speaker 1 (15:16):
Do you see it eventually get to the point where
I can take the patch home and do it myself
without having to go to the office to get it done.
Speaker 9 (15:26):
Maybe way down the pipe, but cancer is sedious business
and uh, being a recovering physician myself, I would perhaps
seeing it is best that it is delivered under the
supervision of his physician on his physician later.
Speaker 8 (15:48):
Uh and I think that is where it's should see.
Speaker 9 (15:52):
But in the future, we live in innovative times.
Speaker 8 (15:57):
Anything is possible.
Speaker 4 (15:59):
Hey, doctor McCarry, A couple of great things happening with
you guys as a company. Once again, the name of
the company Medicus Pharma and MDCX is the stocks somebody.
You can have that at your fingertips by going to
big Biz show dot com. I say that you just
closed a four and a half million dollar financing. But
other good news is is that you had some interim
data that may help fast track.
Speaker 2 (16:20):
This with the FDA. Talk about that.
Speaker 8 (16:23):
Yeah, we're very excited about.
Speaker 9 (16:25):
Ten days ago we shared with the market that at
midway point after we have a phase two study that
covers sixty patients and after completing thirty of those, we
looked at the interim analysis that showed more than sixty
percent off the participants showed.
Speaker 8 (16:47):
A complete clinical clearness.
Speaker 9 (16:51):
So in the market size which is five million.
Speaker 8 (16:55):
Use cases in the United States every year, Jez and
only a million and so most surgical procedures.
Speaker 9 (17:04):
That lead a lot of paties in the queue, this
is very promising data which gets us one step closer
to bringing to market and on a fast track basis
a commercially viable product.
Speaker 10 (17:19):
And we plan to meet with the FDA later this year,
and we are very hopeful that sometime in twenty twenty
seven this asset can become commercially available for use in
office settings.
Speaker 4 (17:35):
Doctor Balcarry, I want to talk about twenty twenty five.
You know, as you know, as you know, probably better
than anybody. Twenty twenty three, twenty twenty three, twenty twenty
four pretty tough for biofarmer companies. Twenty twenty five seems
to be a good place to be for biofarmer companies
in terms of capital formation. You just raise money yourself
and so on and so for what are you most
looking forward to for the next three to five years?
Speaker 9 (17:57):
Indeed, very well said the biotech sciences sector at early
stage remains always under pressure.
Speaker 8 (18:07):
They're always headwinds. But I would also say.
Speaker 9 (18:10):
That there is always capital available for innovative, disruptive and
specialized assets like ours.
Speaker 8 (18:23):
So we have been very fortunate.
Speaker 9 (18:25):
We have been last year raised twenty five million dollars
and with all the volatility in the market, we have
a seventy five million dollar registration statement with the SEC So.
Speaker 8 (18:44):
We don't see that.
Speaker 9 (18:47):
Much of a challenge for us, but that doesn't mean
that others may not have.
Speaker 8 (18:53):
A different story to tell.
Speaker 9 (18:55):
So we are very blessed and very fortunate in advance,
thinking forward in novel therapy that addresses the most common cancer,
not just in the United States but around the world.
Speaker 1 (19:07):
Doctor mccaury, thank you so much for your time today,
Doctor Rosa McCary Medicus Pharmacy CEO. Of course, their tickler
symbol m d c X, Big Things, Skinjet, chemo patch.
Speaker 3 (19:19):
All right, keep it right here.
Speaker 1 (19:21):
Much more to come with The Big Miss Show, LAFT
(20:03):
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Speaker 4 (20:07):
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Speaker 4 (20:17):
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Speaker 1 (21:36):
I like it, Hey sener rescue plan bulling on for
the LOFT one hundred studios. Wherever you're watching, wherever you're listening.
As always, we appreciate you being along for the ride.
It is the big BIS show. Those gentlemen are the
DTT investor in the business day Trader trio, Why did
you say sold one third or one thirty percent of
(21:58):
the world famous Soliban Back here.
Speaker 3 (22:00):
At the bar, it's Costa Murber.
Speaker 1 (22:02):
Goblin, our exacutroducer Greg Taderoff, and of course the alphare
makes Swy kept the finance that the finance itself.
Speaker 3 (22:11):
Where's your cap? Where's your cape?
Speaker 9 (22:13):
Kid?
Speaker 2 (22:13):
I had, I think I need a cape.
Speaker 3 (22:16):
I think so too.
Speaker 2 (22:17):
Capes are coming back, or at least a beret are coming.
Speaker 11 (22:20):
Yeah, I did to cape and well.
Speaker 2 (22:22):
Are they back in London?
Speaker 6 (22:23):
Let's ask our guests look at me and yeah, I
feel like they would make their way to London.
Speaker 2 (22:30):
First I was saying, I was saying, I haven't got
out of Paris yet.
Speaker 3 (22:34):
France.
Speaker 2 (22:35):
Yeah, introduced our guest, Michael.
Speaker 1 (22:37):
This is mister Ian Jenks, one of our favorite chairman
CEO of Smart Kim. Their ticker symbol is s M
T k I. I.
Speaker 4 (22:45):
You know, it's funny when uh, someone had contacted us
about having.
Speaker 2 (22:50):
Him on the air. Is that correct?
Speaker 4 (22:52):
And I remember and we get a lot of people
trying to come because obviously we're show We're not just
show about companies were show about everything.
Speaker 2 (22:59):
We're we're loosely structured in business.
Speaker 4 (23:03):
But I remember seeing the word calibrated eyeball on your
guest shoot, and what he's basically saying is look no
further than walking into your local electronics store.
Speaker 3 (23:13):
Yep.
Speaker 4 (23:13):
And they got the row at TVs and this was
a little more yellow, this was a little more red.
This this one looks like I'm there, And that is
the calibrated eyeball you talk about in your business, Talk
about that when I just I feel like the technology
in your sector is moving so quickly. The stuff you
invented last night, you got to figure out what you're
(23:34):
gonna do tomorrow.
Speaker 2 (23:35):
I mean, it's moving the speed of line.
Speaker 8 (23:36):
Is it not?
Speaker 11 (23:37):
Well, it does move at the speed of light, but
it stays around for a long long time. So you know,
you go back forty years, you know, we were all
sat in front of those cathode ray tubes and thinking
the next best thing was those Rea projection TVs and things.
And then I think it was Samsung brought out the LCD,
(23:57):
and you're right, we all have a calibrated eye, but
we are experts on color because we look at the
world and we look at the world and if it
looks better, looks brighter, looks sharper, that's what we want
and we make it happen.
Speaker 3 (24:10):
You know.
Speaker 2 (24:11):
It's funny. I wonder why there is not.
Speaker 4 (24:16):
More best practices in that industry to where when I
do walk into a best Buy or I do walk
into a costco, where I'm seeing so much difference in
one quality of the next, You'd think that everyone would
capture the type of the state, right what you.
Speaker 11 (24:33):
Guys are talking is but it's all cost performance, isn't it.
So we all know which is the best one in
the shop and we look at it and go, yeah, but.
Speaker 6 (24:41):
That's Is it always the most expensive?
Speaker 2 (24:43):
No, it looks.
Speaker 11 (24:44):
Definitely not okay, But it's what size do I want?
Do I want forty inch? Do I want twenty seven inches?
It going into my kid's bedroom? Is it going into
the main lounge? Is it going into my den?
Speaker 4 (24:55):
Do you I think you're a nice question. Is this
team going to be in my kitchen or not? Nobody
ever thought about that twenty years ago.
Speaker 11 (25:00):
But people have that effort people do today. Can I
wall mount what did you call it?
Speaker 2 (25:04):
You call it? It was it use a cost?
Speaker 4 (25:06):
It was it cost saving cost before coastformce Let's say
why because LEDs are expensive to.
Speaker 11 (25:10):
Mike, right, So LEDs are not so expensive to make
micro micro LEDs are expensive to assemble. So the actual
core technology is the same thing that's in all those
LED light bulbs made by the billions, only it's much
much smaller, like one twenty thousandth of size.
Speaker 2 (25:30):
Which is why hip first is so important.
Speaker 11 (25:32):
That's absolutely.
Speaker 3 (25:35):
So.
Speaker 11 (25:35):
Traditionally, you take a transistor and you take your micro
LED and you try and weld it literally weld it
on top. And you can imagine trying to do that
with something which is, you know, one twenty thousands of
the size of the things that you find in your
light bulbs. It's kind of difficult, and it's a mechanical
alignment of something it's just a few microns in size.
And so what we do is instead of putting the
(25:56):
transistor first, we put the chip first and do it
upside down, and we make polymer so it's lick. They
start as liquids semiconductors, and we literally pour them on
the top and then we photo patent them to make
the trend and.
Speaker 4 (26:09):
That is the tibreger. That's your key selling proposition. That
is a matter of fact, CYR.
Speaker 2 (26:13):
Why did so? Why are you guys welcome to it
seems so simple?
Speaker 11 (26:18):
Well, it is simple, but it's I never said it
was easy. And it's taken us as the best part
of twelve years one hundred million dollars to develop the
core technology. So it's pretty tricky. And why us Because
Manchester in the United Kingdom, which is where our scientists
came from. These were the guys that invented polyester. So
(26:41):
all of these polymer, these plastics, the history goes back
to the thirties, forties, fifties in Manchester, and so even now,
nearly one hundred years later, you've got this ecosystem that
builds up over decades of the equipment manufacturers, the courses
at the university, the post graduates, post docs and so
(27:02):
on that build up there.
Speaker 4 (27:04):
I guess the one thing that I don't want to
have get lost in the conversations. Not only is this
a better technology, it turns out to be a better
picture quality and so on and so forth, and of
course costs it turns out not to be cost prohibitive,
but overall in terms of in terms of durability, in
terms of environmental impact and everything else. I mean, this
(27:26):
is sort of a panacea for this industry that has
been sort of on the decline for many, many years.
Speaker 11 (27:32):
Well I'm not sure it's been on the decline because
it displayers have been growing like crazy forever.
Speaker 2 (27:37):
But I've got this now. You do have that.
Speaker 4 (27:39):
That is ninety percent of these guys aren't keeping up
with even the quality of this.
Speaker 11 (27:43):
That's absolutely true.
Speaker 4 (27:45):
And so you guys bring in, but you guys bring
in not only not only a better product, that you're
bringing in something that's actually environmentally better.
Speaker 11 (27:51):
Well, it uses a lot less power and displays you've
only got to put your hand on one and realize
how hot it is. And that's because it's way a
lot of a lot of electricity through heat and so
anything it's lower powers environmentally friendly.
Speaker 1 (28:06):
Ian Jenks chairman CEO A Smart Kim, so happy to
have them in studio.
Speaker 3 (28:10):
Their ticker symbol, of course, is smt K.
Speaker 2 (28:13):
All right, so talk about top down.
Speaker 4 (28:15):
Where are you at in the arc of the story
in terms of getting these in front of because me
and Michael won't be find the time the basketball ternam
It starts on Thursday, right, Yeah, talk to us because
because you guys are making If you look at your
press releases, you guys, you guys are a million miles
from where you even thought you would be last year.
Speaker 11 (28:30):
I think we're a lot further ahead than we even thought.
In fact, today we announced the availability a thing called
a MIP. So what's a MIP. It's a it's a
it's a micro led in a package. So it's great
to be able to think about these big micro led TVs.
But where are you going to start? Because you if
you're trying to compete with a multi billion dollar industry,
(28:52):
you've got to do something that's different. So instead of
trying to break the problem from twenty five million of
these things going to TV, we're packaging little groups of four.
Speaker 4 (29:03):
What's interesting is you beat me to the punch on
asking about that for your pressure release day because because.
Speaker 2 (29:09):
It makes me ask how much how much IP do
you guys have?
Speaker 3 (29:11):
There?
Speaker 2 (29:11):
How many different cleaning solutions you have? Now? Because we
started interviewing you what a month ago?
Speaker 4 (29:18):
Yeah, it's changed in the month in terms of you
guys hitting the ball down the field.
Speaker 2 (29:22):
Yeah.
Speaker 11 (29:22):
Absolutely, and it's I think you know, one of the
questions that people talk to me about is, well, what's
happening now?
Speaker 2 (29:28):
We know why now?
Speaker 11 (29:30):
And that is because finally, finally, we've got a solution
out there that people are looking at and going, oh, cricky,
I could do that, I could do this. We've got
the LCD guys who are coming to us and saying,
make a spot, make a smart light for our LCD.
Speaker 4 (29:43):
I'm going to keep you here for number reason is
because you bring up the word now and now. It's
interesting to have people. Why should they be looking at
you now? Is the next question for you to think
about it in the break. But I just want to
talk about what the next few years looks like. And
I just want to say as the Rock Capital Conference,
because there's a reason you're in San Diego, California, which
is just twenty five to thirty minutes south of of
where the Roth Capitol conference is going. And Roth Capitol's
got a great Michael cap conference with you every single year.
Speaker 2 (30:04):
We did our first big biz show to go there
twenty years ago. Wow.
Speaker 4 (30:08):
We we're just Radio Russ And I know we brought
the television show there and then now we got a
camera crew heading up there which is gonna be follwing
you around only tomorrow, by the way, So.
Speaker 2 (30:14):
Just you're you're not out of it. We come back,
We'll figure it out.
Speaker 1 (30:18):
Ian Jakes, Chairman CEO Smart Cam Tickers Signal SMTK keep
it here.
Speaker 3 (30:22):
Much more to come.
Speaker 1 (31:05):
Big V Show rolls on sunny southern California inside the
Loft one hundred Studios. That is the Day Trader Trio
DTT back here at the bar Costa, Maryburg Godwin, Greg Tatarov,
and Sully. Of course, our special guest with us is
the chairman and CEO of Smart and mister Ian Jenks
Tickerson will SMTK.
Speaker 6 (31:23):
Okay, I want to go back to some of the
first things we talked about with you, Ian, because I
remember on your website watching the video and you were
talking specifically about how you can't see a lot of
the screens. Now if there's daylight, you're always when you're
looking at my computer, like turn.
Speaker 7 (31:36):
The brightness up.
Speaker 6 (31:37):
I mean, we can't see these screens if there's any
amount of daylight. So is that something that these micro
LEDs are helping?
Speaker 11 (31:44):
Certainly, has the potential to be able to give you
daylight readables.
Speaker 3 (31:47):
Yeah.
Speaker 11 (31:47):
Absolutely, And it's one of those value propositions that that
calibrated eyeball that I talk about can tell.
Speaker 2 (31:53):
Yeah.
Speaker 11 (31:54):
I mean that's the easiest thing possible, isn't it. You know,
if you've got a micro led on your mobile phone,
then you can actually read it in daylight.
Speaker 4 (32:01):
Taiwan is a central hub. Yeah, if I'm not gonna
take it. In semiconductor innovation, it is. You just did
a partnership with a company.
Speaker 2 (32:09):
Called itri I ITR. Yeah, talk about that.
Speaker 11 (32:12):
So we signed a partnership with Itrey about eighteen months
ago to take our prototyping process out of the labs
and into production, so into a production ready process at
what's called a Gen two point five line. So think
displays about this big. So Itre is absolutely the gold
(32:34):
standard for any sort of semiconductors. So one or two
of us may have heard of TSMCU, world's biggest semiconductor
company that span out of technology at itri.
Speaker 2 (32:44):
What does this do for you guys, partnership?
Speaker 11 (32:46):
Well, so what it does for us is clearly demonstrated
with our latest agreement with AUO, who's the largest display
company in Taiwan to make a flexible, transparent micro led display.
Speaker 4 (33:01):
I would assume that these relationships are proof of concepts. Right,
every time you have a relationship, they would not go
in this direction. Did you not have something bigger, better, faster, stronger, cheaper,
et cetera.
Speaker 11 (33:11):
Absolutely, that's that's absolutely what I believe to be the case.
Itry clearly has choices about what it's going to choose
is its next introduction of a radical new type of transistor.
The fact that they've chosen us as the next thing
to take forward, we consider it to be a pretty
good validation of our tech core technology and the fact
(33:33):
that AUO, based on our relationship with Itery, feels strong
enough to start a program with us to develop, as
they say, a radical new type of display.
Speaker 1 (33:44):
I remember the first time I saw The Masters on
TV Augusta, Georgia in HD and I thought, my god,
this game changer.
Speaker 3 (33:52):
My life will ever be the same. Yeah.
Speaker 2 (33:56):
Well, we though, ian.
Speaker 1 (33:57):
Get to the point where the technology is so far
beyond what our eyeball is able to comprehend, or we
pretty good at adjusting this human beings, Oh.
Speaker 11 (34:06):
Wow, we are so far away from being able to
see what you can see with your eyes on a
display to so to be able to see natural vision,
you need it to be roughly three times as bright
as the brightest TV that you can get today, So
you need what's so there's a unit called a knit.
It's not the little things that get in your children's
(34:29):
although those as well. It's actually a measure of brightness
over an area. And today the brightest TVs when they
turn up the wick in the in Best Buy to
make you think it's the best, last about three months.
So the brightest things are maybe one thousand and two
thousand knits. You need ten thousand knits. They like to
(34:52):
get realism.
Speaker 2 (34:54):
Let's come back to the press release today.
Speaker 4 (34:55):
Yeah, okay, talk about what's the top line because I
know gonna get a million emails after after You're after
you Earth, which is which is a good thing. But
this is not just a function of the demo. It's
a function of where you're demoing it and in terms
of credibility, and it is of course unveiling the microelity
(35:16):
in a package. The MIP back like talk about let's
still a bit of that just.
Speaker 11 (35:20):
For so it's we're unveiling it at touch Taiwan, which
is the big display conference in Taiwan.
Speaker 4 (35:27):
It's like a consumer like Trina show for Taiwan only,
but display specific.
Speaker 11 (35:30):
Right, very very display specific, and it's a bit geeky
and it's a bit customer orientated. So it's not like
c S which is everyone, which is a lot more fun.
This is really specific. And I'm delivering the keynote at
that conference to talk about the MIP. So you know,
(35:52):
if you're trying to introduce a new technology, then you know,
new technology, new form factor, new market. It's it's a
hard thing to get to. So the questions what else
can you do with micro LEDs? And all of these
LCD screens today have a light at the back that
(36:13):
shines on those color filters at the front. So we've
been looking at taking micro LEDs to change that dumb
light at the back to a smart light. You know this,
so we can hopefully make the LCDs in the interim
a little bit brighter, better contrast, better better result.
Speaker 4 (36:31):
This streams asks the question about commercialization, right. I mean,
so you know, if you were a biotech company, i'd
ask where you were with the FDA and in terms
of putting a new drug nda out there for a
new drug application and getting to commercization with you, though,
I think.
Speaker 2 (36:47):
The path is a little clearer and faster talk about commercialization, it.
Speaker 11 (36:52):
Is a little here, it is a little faster, and
that's why we're introducing the MYP because it's going to
be a couple of years before you start to see
micro led TVs, but to see micro LED based LCDs
can be much quicker. So that's making these little groups
of four micro LEDs that you can use existing what's
called pick and place machines to just dot them all
(37:14):
over the back and then you have a smart white
light that sits behind the color filters of an LCD.
So we hope to well, we are introducing that as
a product. We anticipate that during the course of this
year people will start to make back like that.
Speaker 4 (37:30):
The first time you're in there, I asked about what
you're looking forward to the next year into five years.
I got to believe this is part of what else?
Speaker 2 (37:35):
What else? You look at?
Speaker 4 (37:35):
What does it look like for you guys in the next
two to three years in terms of commercialization and sales
in the next steps three goes.
Speaker 11 (37:41):
So if you look at what we're doing. I think
we have a pretty good roadmap and a pretty good
pathway to grinding our way into the display markets. But
we are at the core of our businesses. Know, we're
a bunch of chemists who make really cool materials, and
we make them that can be used at really low
(38:01):
temperatures where you take a liquid and you shine a
UV light at it turns into a solid. And there
are other applications in chip packaging, for instance, and these
three D printing machines, and I think you will start
to see us start to break out from just the display.
Speaker 2 (38:20):
There's other vertical.
Speaker 11 (38:21):
Into the packaging. And we are now starting to work
with companies that are taking some of our materials and
using them for packaging applications. And beyond that, Hey, we
make a semiconductor. Semiconductors are used to make logic, and
we think we might actually make some logic by the
(38:41):
square yard and move breakout from three hundred millimeters wafers.
Speaker 2 (38:45):
Well, this is not the last time you're coming to
South California.
Speaker 3 (38:47):
We need you in here for.
Speaker 2 (38:50):
I absolutely love coming here.
Speaker 1 (38:52):
He is mister Ian Janks, the chairman and CEO of
smart Come. Of course, their tickers symbol s MT Game.
Thank you so much for coming in studio. That will
do it for this edition of The Big B Show.
To everybody who makes it possible. Thank you to the DTT,
thank you for making it possible there up on stage,
and all of you for watching and listening.
Speaker 3 (39:11):
We'll see you next time.