okay welcome everybody to wall street reporters next super stock live stream december 8th 2021 and we are back with liquid avatar lqavf over the counter lqid on the csc and uh we're here with david lucas the ceo david welcome back thanks jack it's great to be here i know you're fresh from the la comic-con it was a massive massive event we're going to get into all that in just a bit but for anybody that's born into our program our goal with wall street reporters next super stock live stream is to bring you those stocks which have that 10x to 100x upside potential so these are companies going after multi-billion dollar market opportunities they are at a key inflection point and there is a multiple catalysts in place to ignite that increase in shareholder value we've had already nine stocks that have increased between a thousand percent and five thousand percent in the past 18 months and you know we need number 10 now so we're going to find out if liquid avatar could be our our 10th 10 bag or plus so um you know the key with this program is um yeah i'm going to ask david some questions and then the highlight is ask your questions in the live chat so ask your questions to david and then decide for yourself if liquid avatar is going to be our next 10 bagger stock so uh david uh with that said uh let i want to kind of start off with you know the company liquid avatar you know you've it's been getting a lot of attention from investors in the last probably i don't know 30 45 days you know because of the whole metaverse theme like the metaverse is becoming like it's probably gonna be one of the big investment themes coming into the next 12 months everybody's talking about it's making all the headlines and of course you know uh i like to say that you know liquid avatar is you know really one of the few really legitimately pure play metaverse companies uh between the stuff you're doing digital identity the stuff you're doing with uh you know with nfts the the digital land which is you know really crazy stuff uh we i really want to uh ask you more about that later but essentially look you're you're at the forefront of you know disruptive innovation so um you know give us before we kind of get into all of all the questions all the details of the comic con give you know give a give us a snapshot of all kind of all your key growth initiatives inside the metaverse space super well thanks jack again great to be here um when we look at the metaverse we we look at it from three distinct vantage points one is that if everyone's going to exist in a virtual environment it it now is the time for everyone to be able to declare that i am who i say i am i want to be places where i know people i mean jack you and i know each other so there's a human element of trust here there's a there's a there's i know who you are you know who i i am but when we're in the internet uh or on or in metaverse no one knows who we are so we start at the core with digital identity and all our partners are thrilled about that they want to know that everyone who's going to be in our ecosystem and other better verses that we're talking to so we're talking not only the metaverse but we're talking about the multiverse you know multiple metaverses and and so that'll be a new term for 2022 will be the multiverse and and so when we talk about it at its core is digital identity making sure that those that are involved in engaging in the metaverse are who they say they are but then around that that digital identity you're going to need an avatar it could be something really cool it could look like me it could it could be um you know sort of a i could be a dog it could be a cat i could be an alien doesn't matter i need an avatar so that's the second phase of what we do and then we look at the pure play of the metaverse and what is the metaverse the metaverse is really web 3.0 the interactive culmination of everything we've learned starting from sort of a first person view into a ir web ar and and a vr perspective the ability to for immersive technology for allows ourselves to immerse if you think about you know going back and i'm going to date myself but you know we're all kids we have the sears wish catalog right we've done through the catalog of the holiday season and tell our parents what we wanted for the holidays right and then and then one of the big disruptors in the catalog business in the british gala business was actually victoria's secret so victoria's secret decided that they would change the prices on the catalog in black there's a printing technique to do that that in black depending on what region you're in so if you were in i actually i didn't know this i had no idea i see there you go i come originally come from the graphics industry so it was one of those things that you know so so victoria's secret was a disrupter in many ways but in catalog printing and then we started with the internet and it became listings and classified sales and then catalog sales and then i mean i worked with um uh under armour on the on the development of uh and the launch of steph curry's um under armour line uh shoes and we created interactive videos that you could stop a video in mid-flight press a button and get a whole interactive display so we went from literally flat catalogs in the internet to interactive catalogs now we're going to be go to a point where i can be embedded or immersed into the internet into the experience and i can in a 3d environment look and do everything so that's not only with purchasing something but that's with entertainment that is with um education healthcare everything can be an immersive experience and the metaverse is where it's going and and things are exploding on that front and i believe that we are way at the forefront so okay so the key thing which you know it's very interesting i think i think people are going to kind of understand what you're talking about probably a couple of months when they actually have the experience and because okay so really like okay they understand the metaphors but the key to the whole thing is because if it's an immersive experience and you're in there then the question is okay what is your actual who are like is it a verifiable digital identity right and that's where you come in essentially you're you're based are you are you essentially i don't want to say it's like a social security number but you're you're like um i don't know a passport i mean what is it you're basically well that it's one of our investors once coined the frames we do a financial passport it is but imagine your avatar avatar online can take out of their virtual pocket a virtual qr code and present it as your digital identity without ever passing your personal identifiable information now four years ago when we introduced this concept people go what the heck are you talking about but it's it's far closer to reality today than than we showed at comic con we showed off um our our meta hero project avatar so the these are interactive avatars that you will be able to put in various metaverses or multiverses and use um to represent yourself in a work or playing environment so it's not only if you think about it it's it's about proving who i am showing who i am and then doing something in that environment and again the the the metaverses will not start out as this virtual playland it'll start out very similar to non-linear gaming a game environment where i can walk around do things interact and touch because there's just not enough computing power yet to make everything viable i mean there is in theory but not in practice and bandwidth has to has to grow as well i mean 5g has to be absolutely prevalent but at the end of the day we're going to go from literally a flat internet experience to into an interactive internet experience and when i want to do something i'm going to have to prove oh i am let me give you an example a very simple example if you walked into best buy today to buy a television set and you get to the cash register with a television set and you say them you know what i'm really sorry but i forgot my wallet i want to give you my card number my cvv number i'll give you my zip code and i'll give you my name and my expiry number i'll just give that to you you let me walk out with that television set and everybody puts a smile on their face and goes there's no way that best buy would let you walk out with the television set but they let me do it every day online every day i can just type in information and they will ship me something amazon hewlett packard you know ibm everyone will ship something to me without verifying who i am the next generation of internet services will require that you prove that you have that credential to do that service whether it's travel and we're seeing this with code credentials today depending on where you live you have to prove every time you walk into a restaurant i was just in california every time i walked into a restaurant i had to show my and it was a canadian ontario credential along with my id it was so not only were they they liked the new the canadian uh yeah they did actually they didn't know if it's real by the way they didn't know if it's real but they just saw it so at the end of the day we can prove it's real because we can create a verifiable credential that attaches to your identity but imagine now we can take all that stuff that we think of virtual is coming to the real world combine that with the virtual world and our market is massive it's a massive opportunity yeah well well it's massive because you have you know seven billion people on the planet you know in theory they're all potentially a customer okay exactly so okay so uh before you know obviously i wanna ask you how do you monetize and i wanna we'll talk about the comic con the the the aftermath islands all that stuff but you know i i gotta add that you know look this stuff that you're doing right now this metaphor stuff it's really so cutting edge and the stuff that you're talking about with digital identity i mean like we could talk about for the next hour i don't think is gonna understand it really probably in for the next couple of months until like this stuff actually starts being used because i remember when i first heard like the internet you know like you know because i was actually in the printers i was doing you know financial magazines or whatever and you know a guy said hey why don't you uh you know why don't you do this thing on the internet i was like are you crazy like what like because i remember aol with some but internals we got we got the cds every month right the aol cities see these the whole thing was just like two but then when i actually saw the whole thing oh and there's also streaming because we were the first guys actually we were doing streaming audio they called streaming audio about that you know real audio before video that's audio i was like oh this is it this is the few you could do ceo interviews like you know it was it was a game changer so i i think what you're talking about right now with with the liquid avatar did you like that you know i think people are finally gonna it's gonna click for them in a couple of months when things kind of become more like they actually see the things happening uh and by then i think the stock is gonna be a lot higher so the opportunity is now before before everybody gets it because right now nobody really understands that stuff you know i i agree i mean if i i like it look at this i'm certainly not comparing myself but if jeff bezos would have gone to his investors day one and said hey tell you what we're going to be in the last mile business we're going to disrupt ups fedex and everyone else right i think his investors would said jeff here's a nice jacket that ties up in the back go put it on and we'll leave you in a corner somewhere but eventually you have to have that vision and i think we have a great vision for our stakeholders and our investors we're already producing technologies that governments um travel organizations health care organizations businesses colleges are all looking at because you're right they're saying the time is coming for us to have this but the time is now i did a project jack and i want to say 2011 with steven spielberg and i did this digital um event i went to the university of toronto and said to them look at we could do remote learning based on this technology that we developed and the university of toronto god bless them because i'm a big advocate for the university of toronto said to me no one's ever gonna do remote learning no one's ever gonna learn so online have to have the vision and and the fact is this vision for us hasn't changed in four years it's that the market is catching up i'm talking to investment advisors today who are saying i get it i know it took me three years but i get it and and frankly you know i want to be at the front of the horse pulling rather than at the back of the horse pushing it's much easier you won't get kicked and you don't have to clean up any messes so we are pulling right now okay so now you get a couple that you actually also have so let's let's get into the kind of how do you monetize right now part of what you're doing is now you have like really i don't know this is the company has right now multiple growth initiatives you have different multiple revenue sources which which i really want to dive into one of them is this digital identity business which i think you started you mentioned toronto i think you're doing something in ontario or toronto with like the uh uh ids for minor or something or yeah we've got a massive um opportunity with the ontario convenience store association we had a call this morning the the the opportunity is three million ontarians go through convenience stores every week and the ontario convenience store association has about a 90 just under a 97 percent um uh accuracy rate and verifying identity but when you start looking at the number of people they want to reach 100 because in ontario they can sell lottery tickets they can sell um i think restricted vaping products tobacco and some other uh adult magazines and some other items that are age restricted but they can't sell um alcoholic beverages yet the goal is to take alcohol beverages to the corner stores and to do that they have to have a way to be a hundred percent accurate in age verification so we have a way to issue credentials but we do to um for a consumer to hold that credential who's who's young and even old and we have a way to verify that credential so we're partnering with the ocsa the ontario convenience story association their 8 500 stores but i have to tell you jack that has put us on the radar we have we have received invitations from north america all over europe and i think last week it was last week um i had an article published in forbes about age verification and digital identity so it is an amazing situation age verification is a massive opportunity and and what it does is it brings the right demographic to our product and that's why we also went to comic-con because it brings the right demographic to our product i mean we all know anyone who has children and not my my daughter's now older but if you have young children is we take our cues sometimes from our kids whether sometimes it's sports or even clothing um or or other elements or technology we take those cues from our kids so we're really focusing on the gen z and the millennial market okay yeah so so this okay so you know so the digital identity thing that's like so right now i think this thing you you're doing with in in ontario that's going to be kind of like like a great case study for you know widespread adoption okay now the big question how do you make money with all this stuff like the the the digital identity stuff in toronto and other uh applications like that so with digital identity it's a it's a very simple process um the consumer in our in our model never pays for anything it's and that's the only way to make the internet service grow um with digital identity but an issuer in our system who wants to issue a credential or a verifier wants a verifier credential um you know will will pay a micro fee for that it's similar to processing a credit card or financial transaction so there's a lot when you think about the pennies those add up very quickly when you're doing millions of transactions which this opportunity has hundreds of millions of transactions a year so we're seeing that and we are a leader um i will say this because it's absolutely true gartner the big research agency just published a paper on emerging technologies and digital identity and liquid avatar was named as one of the companies to look at okay uh so we're going to get into audience questions we've got some good questions coming in with you i can see them flashing across the screen i'm jazzed to talk about i just want people to know that yeah that we see the questions so we're going to get to all the questions in in just a minute uh let me just see what what did i want to ask you okay so the ma okay okay now what about now let's talk about the other stuff the big news of course i think that's getting everybody excited is uh what you're doing is this thing with digital land aftermath island you got multiple nft initiatives so let's talk about that like what are you doing in i don't know if you want to go one by one like because i think you're in i i've lost track how many different bit rates okay then we have our avatar products which won't launch our our standard avatar 2d avatars are part of the liquid avatar mobile app but our our our 3d avatar products which can look like you or i um called the meta hero project will launch um hopefully late january we're just doing our test beds now where you'll be able to submit an image of your face and and a picture of your body type along with some data and we will create avatars realistic avatars that look just like you and are fully written and animated for the metaverse and game environments what do you call it like cool well they start at at 500. that's expensive and they and they go to five thousand dollars because because well if you bought a board eight four apes or ten thousand dollars just a flat image as an energy but but the the what we designed was a two-fold avatar so think of clark canton superman okay so you can have your clark kent image which means you can use your avatar for everyday activities school work play family events but then when you go into a game environment depending on on the skills and powers you have you could have super flight you could have laser vision you could have all the superman skills so this is a really really unique opportunity it's a very unique avatar but it is fully customized and playable as yourself okay now when you okay so when you make these avatars let's say the base one for 500 bucks uh is this automated like in order are you able to scale us like in other words do you have like is it like one a couple of artists making these things one by one or you have some process where you can you can scale and do a thousand of these a day well first of all first of all the first series is only limited to 25 000 on to start um second thing is you can't automate the process until you go through um an iterative process to try and develop them find out where the bugs are so there are lots of things we can do for the future that we're already speccing but for the presents they will be done one or two or three at a time okay how big now how so with these digital these avatars right like how is that mark it up now we're seeing this crazy thing with you mentioned this board ape thing like i'm starting to see like this nft thing with the these apes and there's like the programmatic or algorithmic and they're selling for tens of thousands of dollars yeah there's like a different creatures and they're all basically like a different iteration like you know it's like yeah they're algorithmic they're or programmatic yeah i i don't know cars are custom from day one ours are why would you have an ape acadia punk when you can have your own cyberpunk yeah right right you can have your own avatar and this is and and what we've done is is it's uh i i would invite everyone to go to metaheroproject.com to to read the whole story but it it allows you to be both game oriented and personalized and customizable um for a fraction of the price that you paid for a board ape or anything else okay this is another craziest thing that happened okay no no but that leads us into digital ant and and the metaverse and aftermath look okay if one is in this digital landing there's like this is like stuff that's going insane like it's it's like you know it's it's like it's like it no it's like completely on steroids so what is what is going on with digital land like i i just heard i mean i actually you were talking about it for a while but like now i'm starting to see um you know people don't want to use like digital head like multi-million dollar sales right in in individuals so what we did is is is we had a client at oasis digital studies and now we're a full partner we run the project and and the idea was um that you know i'm a gamer from day one and obviously a comic book collector but but so what we thought of was three different types of lands one was thematic so a land that was you know uh fairy or fantasy dragons or dinosaurs so there's thematic islands in which you can own land and you can play in those thematic environments then there is community islands just like sims or second life where you could have a safe environment where you could do everyday activities and then for people who want to have a little more privacy high rollers we have estate islands which will be limited to those people and their guests who can who can deploy on that island so you have three different types of islands and then we have multiple iterations of those islands and we've released right now 40 islands 40 islands and eight of them are already these 40 yes and eight of them are already sold out sold out two of them are near sold out and others are doing phenomenally well and you're filling this now you're selling this now people paying you money cash absolutely they're paying us what's unique about us is if you think about the crypto industry that is a very small market very very small market there's maybe four or five six million people in crypto market we employed with our partners that mouse called in their their application waxify and the wax chain we put in paypal and coinbase so everybody can buy the other thing we did jack is we started the prices off really really low you can buy a plot of land and stake your claim in a plot of land which is a virtual thousand square meters for as low as 35 dollars but people are paying up to 46 almost 4 700 for plots of land and i am telling you that the numbers for us from our iteration are just off the hook i mean it's it's just people we are seeing we're seeing five-digit sales five-figure sales every day every day and i won't from low fives to mid-fives to high-fives we're seeing every every single day look without generating revenue wait dave you're saying a liquid avatar is ringing the register five figure five figure sales means how much five figures is a day more than 10 grand basically it's five figures five low fives mid fives and high fives every day it's now it's trended it started off very erratic but now the trend and again this has only been about 40 days so please everyone's got to do their own due diligence so you know once when somebody once told me once is a an anomaly and twice as a pattern we are starting to see patterns emerge that we are seeing as a as of it's like the whole it's it's like the whole crypto thing then the nft thing though it's it's like it's it's people are doing it so but you're actually so you're basically generating revenues real revenues selling this digital land every day every single day now now our margins are extremely high in my humble opinion because it's digital right but i know we do have cost we have some marketing costs we have some development costs but we're also reserving some of that money for the development program right so we're starting to build a war chest so we so that we have our own war chest as we start developing in january that's unbelievable uh all right so so it's it's so jack i can't i can't sleep yeah i mean i'm so excited what happened at at comic-con and what's happening at aftermath islands and what's happening at our core digital products because you know people sort of said to us at the beginning ah avatars and digital identity that looks so kitschy now people are getting it and they're going we have major organizations coming to us and saying wow i love digital identity but can you help us with their avatars as well i mean what is happening i mean i don't get the difference between the board ape and what you're like bars are real you know people paying for the board why wouldn't they you know do this absolutely that's why 500 might sound like a lot but you're getting a fully customized image of yourself yeah yeah yeah no it's even though and i will do a shameless plug if they sign up early at many hero projects they will get a a an early adopter discount so shameless plug shameless plug so go to meta hero project okay so here's my question to you okay so you're selling the the this digital end this is this is aftermath island right this is yeah yeah okay so how much i mean the land is finite right so how much can you gener no no no because if you think about it an island is finite now okay just keep in mind that an island is finite but when you look at our numbers we can produce more islands and we're only we've we've released phase one and phase two and phase two is more expensive than phase one and that's our model phase three i and we're not in the business of in i have to be very clear we're in the business of of gamification metaverse we are not we are not condoning or supporting investment that's not our business this is a no no no we're not going to tell you there's a utility this utility plate that's what we're doing we're not talking however yeah as i mean we're now starting to announce private islands so we have cannabis cove that we've announced which will be dedicated to the cannabis industry we have vegas island and we have the the the creators of vegas.com are involved with us on vegas island we will test it out vegas.com is that's like what is it i think they start with a domain it's like they're doing what they're doing they go to a 400 million a year business it was massive and you know what 100 million a year those guys well i think i i mean i'm not i'm involved with the original creators but but at the end of the day we're doing private islands um we will make islands available for high rollers but they will be very very select for you but again it's it's all about i mean candidly when you look at the islands and the number of parcels or plots in in a phase with the phases is 20 islands there's just under 10 000 power cells available if we want to have a million people we have to have a lot of islands okay so what's the revenue potential i'm not that good at math how much can this generate wow so each so phase one i believe was about 1.4 million in potential revenue
phase two is 1.7 million in potential revenue so about 3.1 potential revenue to date and like i said we're selling land and and our other services now every day it's it's it's becoming a snowball effect because one feeds the other can you do okay but i mean when you do more islands can you can you sell 100 million worth of land we believe we believe that is a potential opportunity yeah i mean in theory you could sell you know i don't know a billion dollars what about resale well there's other things too because office that that sells well exactly except think of it is is we just landed on in in north america or europe and we have all this land to stop right we might only sell you know france today but tomorrow we might sell germany um so there's lots of opportunities and we're doing this all we're doing our test videos now in unreal engine 5 so for the gamers out there go to our youtube channel and see some of our island designs our websites are very functional because we use shopify so shopify doesn't allow a lot of creativity in the websites it has to be very thin and simple but when you go to our island designs and some of the things we're doing on and look at our youtube videos i'm i'm as a gamer i'm i'm i'm excited and impressed okay no i mean this okay so the digital landing i'm like i'm seeing like you know imagine we could be the landlords of stores on a digital island so not only and we own so let me let me make it clear jack we we did the deal at the beginning with aftermath islands and we had a crawl in equity opportunity for one euro if we did what we said we're going to do we now own 50 going forward of all of aftermath islands we own that they granted us a hundred and fifty islands for ourselves so you can imagine at the value of those islands plus on every island there is reserved land for common area liquid oasis digital studios which is a wholly owned subsidiary of liquid avatar owns a portion of a land on every single island and and we are the real estate agent for everything this is uh wow it's amazing it's like uh it's like in the in in the americas you know when uh i think when the english owned it they they granted different you know like okay or whatever they okay you get uh a thousand acres because i don't know what i think what's there is a real estate term for this one the king grants it to you it's called a uh uh i i can't remember but i i know what you're talking about yeah eminent eminent domain i don't know and you know then whatever it is yeah whatever it is but but the answer is basically basically this digital land that you're doing now this is this is the biggest land rush since uh god west was born legitimately since since you know california imagine what was this tom hanks trump's tongue tom cruise movie far and away or one of those movies they have to go and stake the land right this is what we're doing and again what we've done is we've made it easy for young people with their parents permission and or opportunity to get in very very simply you can buy a 35 45 55 dollar plot of land or you can buy a massive plot of land we have we i have one investor in in our company who sent me a note saying i own 192 plots of land i went oh my gosh that's killer they owe more land than i do because we had to buy no one in our company got granted land as individuals we all had to buy our own land and we're doing so give me i'll give you an example for comic-con which is a great segue if you bought land on dino roar alley which is our thematic dinosaur island or on dragon alley you get a free dinosaur or dragon egg which will hatch it's a separate nft which will hatch when the game goes live so imagine that is an nft into itself as an asset so now we're starting to put in houses and other assets so so jack it's not just about selling the land nuts yeah it's a whole developer plus we've got creator and innovator programs where we're bringing in other creators and they will be able to sell assets that they create so it's going to be everything from clothing to digital products to digital events so we're looking at you know we're looking at things like can we do concerts in the in the metaverse and and you might see something from us with some of the other metaverse brewing in our entertainment division so we're looking at all these opportunities and saying this is not only um a wonderful opportunity for liquid avatar in oasis teachers studies and aftermath but it's an opportunity for creators we want to embrace the creative spirit we're talking to colleges and universities now about bringing them into the metaverse i met with a university at comic con and and we're talking about bringing them into the metaverse so this is an opportunity of of massive proportions and we are so excited to be here today but but it's been a major ride to get here and again at our core we have the fundamental building blocks to make this all work oh you know i want to ask you okay so you're saying that you're just i mean you're i mean you mentioned some like impressive numbers so you generate revenues on this digital land so as far as i know you're the only publicly traded company that's selling digital like in the space generating revenues right this is the you're the only player right now i i can't i haven't done enough i mean i know i i look at there's no others that are playing in the space but i think we're the only i i believe again subject to due diligence i believe we're the only one that's generating land and again we're doing it based on again one of our things with aftermath when we started the project we said to them look at if we're going to do this we're a public company we have to manage all the funds and now we operate the project that's why we're fully consolidated because at the end of the day we wanted to make sure and they're really great people but we wanted to make sure that the money that's going into the kitty stays in the kitty okay but in other words you're going to be able to when when will we be able to see the the land the digital land sales showing up on the quarterlies when will we see that well we just finished our third quarter we're in year end so in terms of of disclosures it's probably not not until early in the new year like you know by first quarter because we have to do a year in but um and there are different and i have to apologize to our u.s friends but there are different disclosure rules in the u.s than there are in canada with with interim reporting but we are talking to both u.s and canadian council on the best way to inform our stakeholders on how we're doing so we are working on that diligently okay but okay so in other words i i think one of the key milestones is going to be whether it's i don't know but by march maybe sometimes is what when when you're actually able to show a quarter and disclose that hey we sold a million bucks worth of digital land now that is going to be a game changer for the markets because that'll be a massive milestone because you i mean as far as i know this is the only play in town and like when that gets i'm hoping it's more i really am hope again personal opinion a dd alert you know i'm i'm like i i want to see the numbers grow i mean i've done a lot of retail marketing in my career and and and um you know so and that's why we've been invited into a number of key projects with disney in the past and under armour and all those projects so we've taken all of this learning now over almost 40 years and we're bringing it to ourselves so we're very very excited and and again you know that we're starting to see patterns trends require a little more time but i you know i'm looking at our numbers and our valuation jack and from a personal standpoint i i'm i'm not interested in in in selling any of my personal stock at this point time and and because of our situation people ask us all the time how come managing is buying because you can imagine with everything going on we're constantly blacked out so so so not only you know i just believe personally that we have an opportunity in front of us that we have to focus on and is is of immense proportions okay so let's uh oh before we go into the nfts maybe you'll you'll talk about the nft thing now but i want to ask you i mean the big thing i want to talk about the comic con so right so it's a very interesting avatar was the uh a fish official a digital innovation partner at the la comic-con which is yeah that's a if anybody this is like a cultural phenomenon they get a hundred thousand people attending people are very passionate about this a lot of money i mean people go they they put on the costumes the whole i mean they're it's a massive business they're into it let me put it there they're into it yeah yeah so you had a big booth yeah i think a thousand fifteen hundred square feet with a with a 16 foot tower and a 24 foot sign okay like we were you could see us from anywhere in the halls there were i want to say i don't know 20 20 or 30 rows of vendors across the hall i mean it was a massive massive south hall we were and we did panels and main stage panels and were active in the scavenger hunt everybody knew who we had an interactive drawing wall and and i promise to send you some pictures and video but um if you go online you'll be able to see we had we had so many people interacting with our booth we had brands coming up to us we had a continuous loop on a 10-foot video screen it was an absolute amazing coming-out party we partnered with apex comics and we um we had some comic books with with all our ads on and we'll be continuously giving those away um they you know they're they're still ongoing sales but but excuse me for branding it was a phenomenal event and i think everybody knew who we were how many people showed up did everybody have to work you had to wear masks in yeah everybody in california everyone had to wear a mask to be there i wanna i wanna say i can't i i don't know the number for certain but their their goal was to be near the the mark of 2019 which was 123 000. i don't think they quite got there but i think
um it's got to be i i my estimate is somewhere between 85 and 100 000 people probably okay that's a lot of people yeah and we should you know we had we put we you know i posted some of the pictures on on our twitter and social media the of the setup the booth setup uh we did an exclusive interview with you beforehand right yeah yeah so we got to get the actual thing afterwards now um the actual boots and the whole thing so okay so what we okay so what was your expectation from the event and what did you get like what's the kind of the after like what what what like what do you what do you think what did what what did that event do for liquid avatars in other words did this like kind of put you in the map in terms of a certain demographic like what was what what's the what's our goal was you know the challenge with covet is no matter what kind of company or you've been living in isolation for the last couple of years you hope that you know you know it's it's you you aren't out meeting your constituents you are not visiting people so this gave us a huge opportunity to say are we what the market wants it was our coming out party and um i've never been more energized uh candidly i'm like i said i can't sleep so so at the end of the day i believe we hit that objective the second objective was would our products resonate with individuals i mean we had people coming back every day to talk to us we had we we actually had ceos of corporations in california come out to see us we had people fly in from across uh north america to come see us literally for meetings at that event because it was a live event i want to see our see our our setup um um you know we had uh phenomenal artists and events i mean every objective that we set for ourselves we met and or exceeded it was it was a phenomenal phenomenal uh vote of confidence to what we do okay and uh okay so what this also um besides the the digital uh land the aftermath i don't do also i have a bunch of nft projects yeah can you kind of do a quick recap like which ones are like you know the most uh exciting kind of red moves coming in that type of thing well uh most of them again we started off with a whole bunch of test projects found after math islands and then focus because you know frankly i mean given our our breadth of offerings we're not that big a team and and so after math islands has been our focus but so has gourmet nft with ruth mccartney and chef david skinner and and we're seeing that should launch we're hoping in the next several weeks only because we've been automating some processes for nft creation um and so that's one of the big things we're we're now looking at some new art projects we're also looking at creating artists on opportunities in the metaverse which those projects will be able to be displayed but what we've very much focused on where we can gain revenue so right now jack in the nft business it's all about aftermath islands then gourmet nfts and some very very select projects it's there's just too much going on and we don't want to divert our attention okay now am i am i like conflating is the nft business separate from digital land or is it well oasis digital studios is our nft division and always a student digital studio is which is a wholly owned subsidiary of of liquid avatar is the um owner of of aftermath island so we're very it's it's very unified so it's it's yeah the um digital identity is liquid avatar and liquid avatar verifiable credential ecosystem oasis is our nft and our and and aftermath that was our digital land deal okay let's get to some audience questions um okay jay is asking any insight is that how many new downloads of the app the digital identity app happened over comic-con also are we still on track for aftermath islands to go live in june 2012 so so so our premise wasn't to highlight the downloaded liquid avatar's mobile app at at the um event simply it that wasn't a radar item for us it was the brand and and and talking to people about the brand and what we're doing um the liquid avatar mobile app is is still in the test phase because we haven't launched any of our large programs yet and and um i think there'll be a lot of news coming out where we're going to see in likely q1 of 2022 a significant number of downloads um for the liquid avatar mobile app because we'll have latched programs whether it's ontario convenience store association or some of our other programs that will facilitate that and um um right now it's still early but um our test phasing is still on track for for mid-2022 for uh aftermath islands okay uh heidi is asking what is the status of digital id signups with colleges universities large corporations well i think i've just answered that um what we did is we focused on certain verifiable credentials and we found that rather than going after organizations we're going after sectors so age verification and or travel and or health care um in lockstep with what governments are doing so we now have a solution um that that we believe will have the the right opportunities for growth in those areas rather than going after single corporations we're going after dynamic business sectors uh update on the credit card we don't have a credit card we have a debit card we have never an eight right so we've never talked about that yeah so cabin cash and we're we're launching a new program in the u.s um we're still having some challenges in canada uh not with our program but um uh it's been a hard night the the canadian banking industry is still challenged by some crypto and as we've all seen there's been new regulatory opportunities so we're hoping that 2022 sees the launch of the debit card in canada and we're already focused on the us uh okay i think tommy's asking q1 q1 okay okay yeah because what we did is because because of the way that the app works now with the verifiable credential ecosystem we have to have a dedicated server array in every not every region but every country that we enter for privacy worlds so we've started with canon in the us make sure we've got it right and then we'll expand the digital identity program to europe and beyond i don't think did i ask this what sort of utility will the new avatars have well again there's gonna i think of it it's very simple bruce wayne batman clark ken superman peter parker spider-man there will be utility in everyday life and then there will be superhero and superpowers for games we've made a very distinct bot it will be one avatar in the same you just won't be able to uh shoot a web at someone uh if you're talking it to them across the hall and or across the conference table at a meeting that would be kind of ridiculous but um so you will have your sort of your clark kent your superman um utility okay uh investor steve uh investor steve is complaining about the stock is it i mean i think the stock is just normal volatility i mean it's like you know went up from yeah double triple yeah it goes up it's like normal like again you know our job first and foremost is to focus on the development of a company in the business now of course the ceo of the public company i'm very cognizant of the of the stock every day and we do have you know we do have a team that that is actively involved in that and i'm actively involved with that daily but the the challenge is is i think all small caps are being affected um and i will say this openly i think i think the regulators um um have opportunities for those in certain industries to take advantage of shorting worlds and i think those are being looked at very carefully today oh this you know there's also the warren texas there was a lot of the markets yeah we we had warrants exercising at the end of november and early december and and those are now done so so you know those have to be absorbed into the market and and frankly that that was an end date that existed for some time so it was nothing new um and and you know the stock has rebounded really well and we believe that the continuation of good news and performance as a company will support the efforts in the market and great interviews like this today okay so eric is asking uh okay so there was there was an incentive for early exercise back i think that was done like over the summer so or did you say that all the warrants have now been exercised no for that period if if you go to the csc you'll see all see all the reports where you go to cedar i don't want to give any information that is incorrect but all our all our information is is is on cdar and the csc website you can look at it um you know we did an early warn exercise program but i don't think it was well understood um because you can't do an early exercise program when the stock is where the warrants are above the strike you have to do it when they're below the strike and that confused a lot of people but um we um you know the opportunities for the company and and um our are just demands and with generating revenue that puts um we hope less pressure on any future financing how many uh so uh eric's question uh how many warrants are left how many were like how much came in do you know can you talk about that well like i can but my numbers won't be right um and it's not fair i i don't like to give information that isn't correct so i would say go to the cse and go to cdr that information is aptly available okay and that's basically that's that's the actual information actual numbers are there i think you know um i i if you want me to give and give an estimate i think about 5 million warrants for exercise in the last 30 or 40 days okay that's a lot that's a lot yeah so how many are left a ballpark i mean like you know i've got to remember those are inside options those are incentive options everything else there's probably again i'm going to take a guess somewhere in the neighborhood of 60 million because that's over a long period 6-0 6-0 okay okay yeah we're somewhere around 200 million shares okay okay so right now 200 million but we're i think outstanding we're around 140. so that's an estimate but again i'm recommending that everybody go to cdr in the csc um csc.i think it's
ca or dot com and and and look at the numbers for yourself okay so basically right now approximately 35 million dollar market cap fully diluted uh uh which is you know cheap price to play to pay for pure play metaverse stock with massive upside uh i think the big milestone is is going to be this this the the land sales thing because that's going to be you know it's going to be something where the market doesn't know how to put a multiple on yet so it might be people might just go crazy it might be a massive well what we're seeing multiples are enormous i mean in our space where again i'm not again i'm not it could be you know it could be a massive like something we're seeing 20 30 40 50 100 times i mean it's it's all over the road map all we're doing right now is is saying we've developed our products we made it very very clear in october that we had left a pure r d space we still are an r d company because that's what you have to be in this space that we're going to start generating revenue and um you know if you look at our last quarter performance and you estimate because we can't give you the numbers directly you know where we're going the i mean it it it's been a hockey stick in the last couple months okay so so you've hit the inflection point basically you went from here the r d phase into now you're in the commercialization phase you're generating revenues yeah yes that is true yes we are we're generating revenues as we said we would so we try and be factual in our disclosures um um we really do take time to make sure they're right we don't want to get out here and say things i mean we want to be excited about our our company we want to be um enthusiastic but again everybody needs to do their own due diligence but again as jack said we're one of the few companies if not one of the only companies that is doing metaverse land sales as a public company we're one of the few digital identity companies um in the space gartner just recognized us in their report um there's lots i've just published in forbes an article on the metaverse and digital identity as a contributor to forbes so we're getting a lot of of brand awareness okay you know it's interesting there's a guy i saw like i don't know i came there's a guy online um and do you follow do you follow baseball cards oh no the answer is um i don't baseball cards to me are not my passion but i do follow them yeah right because this is like from what i understand like that's like like the prices went crazy for different cards the different whatever baseball yeah there's a guy there's a guy called vegas dave i don't know if you've ever heard of some guy vegas it's like one of these social media type of characters i think he's a uh i think he was like made a lot of money like bet like betting on uh you know sports or something he's like a sports betting guy but but this guy's now does like krypto he was doing crypto and he's like crazy money [ __ ] and now for the last i i see this thing he's saying the landscape the digital land is like you think this is it this the next and this this guy has been very on top of trends like he was caught you know the the baseball cards different all those different niche things basically the digital land is going to be the next big this is going to be i agree i i agree like i mean let's go crazy yeah well think about it you know you're going to want to build things on digital land you might want to build stores you might want to build um uh you know apartment buildings i mean office buildings um there's so many different things that you can build on digital land and then you could bring other people into it so owning digital land i think is an important factor i've bought digital land and i will continue to buy digital land um to you know uh as i can again it's it's we're buying our own digital land okay are you michael are you uh still working with imagine ar yes we are imagine ar powered the scavenger hunt at uh at l.a comic-con it was a partner yeah so um ap and the team at imagine i are great people and we love working vp alan paul fantastic the seal fantastic ap silver scene yeah yeah so okay so so you got the the ar stuff going on we are actually we we own we own sdk i mean we're a licensee of a mansion ar and it's in our uh in our uh liquid avatar mobile app so yes we are continuing to work with them okay phenomenal okay um david let's wrap up with this um what do you see like okay so we're we're almost in the new year we're we're you know last days of 20 21 we're going to the 22 what do you see as the biggest opportunities for liquid avatar in the new year uh well jack i think we've already identified them where it's digital identity avatars and and the metaverse and we're already playing that space so we're we're looking to accelerate that business in 2022 we're already there and there's something else that we're we're very and someone asked us that question one of our technical partners we're also looking at something which i will not go into great deal but but a new form of communication using digital identity that is secure and will in my humble opinion put whatsapp signal um telegram um to sleep because this is all based on you having secured digital identity to do encrypted messaging and we're looking at that very carefully in 2022. it's called vidcon okay we're you know wolff's reporter we'll be back to you with that one yeah that's okay the we used to talk about is great thing uh so if you have something better i'm i'm always interested uh no yeah no it's uh well it's going to be a new form of communication for messaging payment and everything all wrapped into one based on your digital identity and uh encrypted and secured communication over the blockchain okay no it sounds a lot of exciting stuff so what kind of uh bottom line is what kind of news flow can investors expect next 30 days anything you want to uh well we're coming into holiday season so it'll slow down a little bit during holidays but we have a very active um and people have seen us you know we took a bit of a hiatus while we're getting into commercialization but our news flow is going to be i'm very excited about what we have on the go and we're looking i'd like to tell everybody everything i just there's rules that restrict us so so don't think of us as being promotional we just want to share our our good news with everyone and again um you know stakeholders investors have to do what they what they think is right for their own portfolio okay so january so bottom line is we should we could expect to see some a lot of news flow in january uh now and january last december was a very big month for us we expect this december we're hoping december is still early i mean we're only at the eighth it feels like you know each day is a month but we're only at the eighth and we'll have uh we hope to have a lot of news for a lot of exciting things coming out in december um and in january and aftermath islands is creating new promotions all the time so watch out for all the cool new promotions coming out from aftermath islands it's uh it's sort of digital land with gamification don't you know don't move miss the cool opportunities again dragon eggs dinosaur eggs free nfts what about unicorn what about unicorn eggs like baby unicorns because that's one of our things now that might be on the horizon jack i won't i won't discount that but we've started with dragons and dinosaurs and once everybody else yeah there you go somebody's put up a unicorn there you go um but yeah no um look at there's so many opportunities um we're already designing really cool things for different islands for 2022 and and we want to make sure then here's a real big thing jack i just want to add to this anyone who's purchased something when a new item comes out that is free automatically gets that so it's not only to new buyers only so if you've already bought uh dragon alley or dino royale you're not left behind because i think that sucks i really do we want to make sure that our people who are in our system benefit from the things that are new on the islands that we've created everybody this is this is nerdism at its finest fatasto okay uh david thank you for the update it looks like i mean like every time last month like things are going from strength to strength so again where this is one of the most exciting areas of the market now the metaverse thank you jack look forward to getting an update from you uh in the next few weeks definitely look to be here before the holidays thank you everyone take care thank you thank you everybody for watching see you next one
2021-12-14