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In 2020 we decided to shift focus on businesses which could weather uncertain outlooks. The pandemic, liquidity shocks and supply chain disruptions during that time influenced our direction towards resilient business models and technologies which could reasonably be expected to withstand continued macroeconomic strain.

With rampant inflation, and the unlikeliness for continued quantitative easing or loose monetary policy, Pirates Cove, our wholly-owned subsidiary was created to stand as the operating company for our planned highly scalable convenience stores. We anticipate these stores will serve as the basic infrastructure as well as the building blocks for working capital to allow us to fund, research and develop other technologies.