january 19th |
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2022 |
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companies that have three things going |
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one they're going after massive |
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multi-billion dollar market |
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opportunities number two they're at a |
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had you know about 10 9 10 stocks that |
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have increased 10x to 50 x in the past |
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uh 18 months |
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one of them was also a um a fintech |
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company one of our most successful |
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from 70 cents to 14 |
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20 bagger uh maryland the good thing is |
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40 45 cents |
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be a five dollar stock |
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to be let's say a 500 million valuation |
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billion dollar company |
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xtm is going to be that next 10 bagger |
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or even 20 bag or stock uh with that |
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first of all i want to acknowledge that |
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this could be a you know a five dollar |
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stock a billion dollar market cap |
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we have a trillion dollar |
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playground so you know in 2019 which was |
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trillion dollars we've got 39 million |
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so we've got 39 million people in this |
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anywhere between 1500 to maybe 6 000 |
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substantial group of them about 80 |
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can't afford a one-time 400 emergency |
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time you know a thousand dollars just |
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risk we've laid we've spent the last two |
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over more than 80 percent of the |
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PERCENT
more than 80 percent
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you know mlsc is one of the largest |
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is 1.5 4 |
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store we're grossing 1.54 |
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is very low two dollars is is probably |
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signing on all of their staff at one |
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time and in some cases it's 10 000 |
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so we focus on two data points two data |
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tomorrow on the next slide but the two |
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growing at about 15 to 20 percent per |
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QUANTITY
about 15 to 20 percent
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so that's growing and those are the two |
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billion dollar organization |
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there's two ways to interact with that |
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you left me a twenty dollar tip i might |
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not get all twenty dollars i might have |
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markets we are doing that on all 50 |
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and gratuity access 1800 rooftops were |
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you know were already 2000 rooftops in |
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canada and we intend to add 1800 |
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reach the 2000 restaurant additional |
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90 000 employees |
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you know it's it's a 30 million dollar |
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2022. and we're going to really work we |
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30 million dollar uh potential revenues |
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this year 22 uh with with the u.s market |
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know one of the issues you pointed out |
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30 million if you can get to 30 million |
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billion dollar valuation we've seen |
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value that you know 25 50 crazy |
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your market cap now is you know with 60 |
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million so |
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only going to be you know 15 15 x 20 x |
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easily the stock would be a 10 bagger uh |
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now you got to get you got to get the 30 |
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you know you get get to get that 30 |
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million revenues that's that's going to |
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end uh 22 with so we're we're around the |
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50 000 mark right now in terms of |
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know to a half a million a million uh |
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CARDINAL
a half a million a million
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from 30 million they could go to |
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you know 500 million based on that same |
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million users oh you know and you are |
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extra two dollars a month |
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additional half a million a month in |
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CARDINAL
additional half a million
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goal our goal was to create zero |
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cause so you know it's a two-way street |
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like like you just gave one one example |
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two weeks where are you gonna go work |
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difference then instead of waiting two |
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this point um first of all i will say |
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hospitality is one of the most |
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folding napkins i'm making one hourly |
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one of our executives and he's uh very |
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says that and he runs two restaurants in |
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him a one-stop shop a place where he |
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could go to one place to get best of |
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one example uh |
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work at one restaurant i leave and then |
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i go work at another restaurant one of |
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two things will happen either that staff |
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can actually pay from 10 or 15 different |
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restaurants to one person if in fact |
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not unusual for them to work at three or |
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four places so churn becomes actually an |
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kind of like i called like a zero |
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one of the things he used to talk about |
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know there's a million different things |
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is going to be one but if you wrote a |
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newspaper for one person it would be a |
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if we have one user you know the the the |
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just like printing a million newspapers |
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a waiter at one restaurant right they go |
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you know 50 000 the essentially you have |
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50 000 sales people working for you |
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see where you're getting that 500 000 |
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person goes to one place they're all |
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know for the last two years canada was |
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you know after two years of a lockdown |
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still moving close to 30 million a month |
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we were we will be around 6 700 million |
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30 million i mean the company |
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you have this 500 000 users or that |
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know that's a billion dollar business |
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got hotels we've already signed three |
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it is one of the reasons one of you know |
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one of our our really important partners |
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thousand percent we can and it's on our |
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this as a five dollar stock and i talked |
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one cog in the wheel uh but together we |
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i would say probably for the first time |
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10 years in the hospitality sector |
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back to pulling a million dollars a week |
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call it maybe 68 restaurants doing a you |
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know under one brand doing a million |
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we we seem to be one of very few that is |
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our cash on hang is about nine million |
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CARDINAL
about nine million
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have stuck you know a thousand dollars |
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ten thousand dollars under a mattress uh |
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MONEY
ten thousand dollars
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wait a second most of our members are sp |
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30 60 days |
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call it 12 months because we've had so |
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the next call it you know six months six |
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to two to 12 months there's a lot |
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week or every two because you can say |
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12 new accounts we signed 82 whatever |
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know we're still uh under 30 we're |
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around 30 people but all of those people |
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you know in in within you know two weeks |
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two three years from now for those you |
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fortune one thousand company i really |
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why why stick with fortune 1000 why not |
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you know out thirty one at dow thirty |
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really believe that and you know one of |
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know it could have been 30 whatever |
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one business at a time and it kind of |
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it was one of the all-time |
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one of the all-time great success |
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top three reasons |
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easy it's a trillion dollar market space |
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sector on its own so trillion dollar |
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january 19 |
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2022 a lot of stocks you know the nasdaq |
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stocks are down you know 50 plus a lot |
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70 from from the peaks of last year but |
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after having you know two years of |
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