STYLE
::cue {
line-height: 5.33vh;
font-size: 4.1vh;
font-family: monospace;
font-style: normal;
font-weight: normal;
background-color: black;
color: white;
}
::cue(c.transparent) {
color: transparent;
}
::cue(c.semi-transparent) {
color: rgba(0, 0, 0, 0.5);
}
::cue(c.opaque) {
color: rgba(0, 0, 0, 1);
}
::cue(c.blink) {
text-decoration: blink;
}
::cue(c.white) {
color: white;
}
::cue(c.red) {
color: red;
}
::cue(c.green) {
color: lime;
}
::cue(c.blue) {
color: blue;
}
::cue(c.cyan) {
color: cyan;
}
::cue(c.yellow) {
color: yellow;
}
::cue(c.magenta) {
color: magenta;
}
::cue(c.black) {
color: black;
}
::cue(c.bg_transparent) {
background-color: transparent;
}
::cue(c.bg_semi-transparent) {
background-color: rgba(0, 0, 0, 0.5);
}
::cue(c.bg_opaque) {
background-color: rgba(0, 0, 0, 1);
}
::cue(c.bg_white) {
background-color: white;
}
::cue(c.bg_green) {
background-color: lime;
}
::cue(c.bg_blue) {
background-color: blue;
}
::cue(c.bg_cyan) {
background-color: cyan;
}
::cue(c.bg_red) {
background-color: red;
}
::cue(c.bg_yellow) {
background-color: yellow;
}
::cue(c.bg_magenta) {
background-color: magenta;
}
::cue(c.bg_black) {
background-color: black;
}
::cue(c.bg_white.bg_semi-transparent) {
background-color: rgba(255, 255, 255, 0.5);
}
::cue(c.bg_green.bg_semi-transparent) {
background-color: rgba(0, 256, 0, 0.5);
}
::cue(c.bg_blue.bg_semi-transparent) {
background-color: rgba(0, 0, 255, 0.5);
}
::cue(c.bg_cyan.bg_semi-transparent) {
background-color: rgba(0, 255, 255, 0.5);
}
::cue(c.bg_red.bg_semi-transparent) {
background-color: rgba(255, 0, 0, 0.5);
}
::cue(c.bg_yellow.bg_semi-transparent) {
background-color: rgba(255, 255, 0, 0.5);
}
::cue(c.bg_magenta.bg_semi-transparent) {
background-color: rgba(255, 0, 255, 0.5);
}
::cue(c.bg_black.bg_semi-transparent) {
background-color: rgba(0, 0, 0, 0.5);
}

1
00:00:00.000 --> 00:00:02.627
Fernandez and we're going to go ahead and start recapping

2
00:00:02.627 --> 00:00:05.911
today's news the week's news for the industry. And what's

3
00:00:05.912 --> 00:00:14.078
going on. So Sean, how's your weekend is finally here here

4
00:00:14.079 --> 00:00:18.241
in New York City to finally hit the 50s and 60s and are

5
00:00:18.242 --> 00:00:20.659
people watching. In South Florida. Probably really good so

6
00:00:20.659 --> 00:00:24.451
cold but I'm great why they're here so can't complain. So

7
00:00:24.451 --> 00:00:27.830
let's get straight to it. So in Maryland some big news

8
00:00:27.831 --> 00:00:31.350
coming out of Maryland. I know the latest merchant cash

9
00:00:31.351 --> 00:00:35.160
advance probation build failed to advance and all we had

10
00:00:35.161 --> 00:00:38.970
talked about it in recent episodes. It's a very similar bro

11
00:00:38.971 --> 00:00:41.760
that happened. That was Pat's here in New York. So let's

12
00:00:41.761 --> 00:00:44.400
talk about that the bill how it pretty much kind of hit a

13
00:00:44.401 --> 00:00:49.080
dead end about the bill because if you work if you work on

14
00:00:49.081 --> 00:00:52.615
the front lines with say your broker small plunger hearing

15
00:00:52.616 --> 00:00:56.467
about laws and I'm scared States like in a relatively

16
00:00:56.467 --> 00:00:58.550
obscure States and you might not be thinking about it. But

17
00:00:58.550 --> 00:01:00.199
what was unique about this particular bill

18
00:01:00.200 --> 00:01:03.854
Was that it was going to create an outright ban on merchant

19
00:01:03.855 --> 00:01:08.178
cash advance in the state of Maryland. In fact, they were

20
00:01:08.179 --> 00:01:11.624
in 2020 and was actually called merchant cash advance

21
00:01:11.625 --> 00:01:15.324
prohibition and the bill didn't go anywhere partly because

22
00:01:15.325 --> 00:01:27.819
of covid-19 event took the idea of the title didn't say

23
00:01:27.820 --> 00:01:31.299
prohibition the change the change the name of the language

24
00:01:31.300 --> 00:01:35.521
would have effectively outlawed MCA and part of that is

25
00:01:35.521 --> 00:01:41.759
because they had a 24% APR rate cap in the bill and I will

26
00:01:41.760 --> 00:01:45.024
talk. If you are here before and

27
00:01:45.625 --> 00:01:51.479
Why do they want to charge so much? It's not so much about

28
00:01:51.480 --> 00:01:55.644
how much they wanted to charge is more about what do not an

29
00:01:55.644 --> 00:02:00.316
APR can be calculated on an MCA transaction. And so that's

30
00:02:00.317 --> 00:02:02.386
where everyone kind of got stuck because you can't really

31
00:02:02.387 --> 00:02:08.204
can't calculate an APR on a merchant cash advance. It

32
00:02:08.205 --> 00:02:18.537
cannot be done. There are people out there but for the

33
00:02:18.537 --> 00:02:22.183
duration of it no longer apply that it's wrong and if

34
00:02:22.183 --> 00:02:25.273
you're always has to be correct, so they wanted people to

35
00:02:25.274 --> 00:02:28.155
disclose any PR and then they want to put a cap of 24% and

36
00:02:28.155 --> 00:02:33.462
that was going to blow the whole thing is soaring through

37
00:02:33.462 --> 00:02:35.573
the Maryland state legislature. I was watching the

38
00:02:35.574 --> 00:02:37.741
committee hearings. We put some of them up on on the

39
00:02:37.742 --> 00:02:45.601
website keybank.com TV. Talk about it yet.

40
00:02:45.602 --> 00:02:50.345
On Thursday, and it was a final committee Before the bill

41
00:02:50.346 --> 00:02:53.100
actually goes to the floor. So a lot of us thinking about

42
00:02:53.101 --> 00:02:58.705
for watching politicians, you know cast their votes has big

43
00:02:58.706 --> 00:03:09.905
bike stand up for about 25 or so members of a committee of

44
00:03:09.906 --> 00:03:13.048
economic matters committee and they all got together over

45
00:03:13.048 --> 00:03:15.033
soon to talk about this bill and whether or not it's not

46
00:03:15.033 --> 00:03:19.600
even go to the floor and they end up defeating the bill

47
00:03:19.601 --> 00:03:21.816
pretty handily and there are a lot of different reasons

48
00:03:21.816 --> 00:03:25.651
board at the time one being at the door all these

49
00:03:25.651 --> 00:03:28.046
amendments that were lined up and people weren't sure if

50
00:03:28.046 --> 00:03:31.181
they were you know that they understood them properly. They

51
00:03:31.181 --> 00:03:34.221
question the rate cap, and then there was even one member

52
00:03:34.221 --> 00:03:39.586
who was not sure why why they were attempting to restrict a

53
00:03:39.586 --> 00:03:44.036
type of business financing in the state during the time of

54
00:03:44.036 --> 00:03:45.521
what is going to be the backup.

55
00:03:45.521 --> 00:03:50.526
Maryland is small but has cities in there like like

56
00:03:50.526 --> 00:03:53.451
Baltimore going to have a lot of lot of business owners in

57
00:03:53.451 --> 00:03:56.401
Baltimore who can't get a loan from the bank and this was

58
00:03:56.401 --> 00:03:59.606
probably going to make it a lot harder for them to get

59
00:03:59.606 --> 00:04:04.216
anything at all. The bill is dead. But I think what we

60
00:04:04.216 --> 00:04:06.489
learn from it is that it's going to come back again next

61
00:04:06.489 --> 00:04:12.376
year and it's kind of like Similac what you said that it

62
00:04:12.376 --> 00:04:16.271
had popped up before and then it came back again with a

63
00:04:16.271 --> 00:04:19.536
different name in 2021. And it's very interesting that it's

64
00:04:19.536 --> 00:04:24.118
only we had talked about that the bill what have people had

65
00:04:24.118 --> 00:04:26.385
a lot of questions about it and main thing that happened

66
00:04:26.386 --> 00:04:29.396
here in New York that you know, the bill was presented but

67
00:04:29.396 --> 00:04:31.724
it left a lot of loose sentence at the end of the day and I

68
00:04:31.724 --> 00:04:35.021
would have questions about it. So interesting that a lot of

69
00:04:35.021 --> 00:04:38.006
these bills at end of passing or that want to get past

70
00:04:38.006 --> 00:04:41.856
completely there's always big questions and live open ended

71
00:04:41.856 --> 00:04:45.026
questions and then let's talk about the fact that you know,

72
00:04:45.026 --> 00:04:45.446
we saw

73
00:04:45.446 --> 00:04:48.506
Billy New York, we saw the bill in Maryland and then in

74
00:04:48.506 --> 00:04:52.368
Connecticut hopping up and very similar tactic as being

75
00:04:52.369 --> 00:04:59.636
used across the states netiquette. So this all came from a

76
00:04:59.637 --> 00:05:02.887
bill that passed in New York or I guess you could argue

77
00:05:02.887 --> 00:05:05.277
that it all started in California when they had a

78
00:05:05.277 --> 00:05:11.373
two-headed explosion blows past there but quite complicated

79
00:05:11.373 --> 00:05:14.862
after I passed in because that has an APR disclosure in it

80
00:05:14.862 --> 00:05:19.327
and lo and behold those who are in charge of administering,

81
00:05:19.327 --> 00:05:22.035
you know discretion over well enough people working to lock

82
00:05:22.035 --> 00:05:27.687
the conclusion that I don't think you can calculate one is

83
00:05:27.687 --> 00:05:30.214
so far. It's good to require disclosure back and try to do

84
00:05:30.214 --> 00:05:34.662
the math. It didn't really work that didn't stop New York

85
00:05:34.662 --> 00:05:37.997
from doing its own bill and they pass the law in New York

86
00:05:37.998 --> 00:05:45.417
that requires a mandatory APR disclosure on them, even if

87
00:05:45.418 --> 00:05:49.657
What an exhausting to be questioned for New York was a

88
00:05:49.657 --> 00:05:52.444
transaction that touch New York and then I was be quiet.

89
00:05:52.444 --> 00:05:54.724
There was a lot of questions about what exactly does it

90
00:05:54.724 --> 00:05:58.629
mean like doing doing business as in doing the transaction

91
00:05:58.630 --> 00:06:08.389
in New York. So it left a lot of loose in question as to

92
00:06:08.390 --> 00:06:10.430
whether or not the bill is language because it was so

93
00:06:10.430 --> 00:06:13.661
ambiguous as to whether or not you can operate your funding

94
00:06:13.661 --> 00:06:16.513
company in New York. Even if you're not funny New York

95
00:06:16.514 --> 00:06:20.008
business is now we're not lawyers. So, you know, we're not

96
00:06:20.008 --> 00:06:22.676
here to give you advice on what to do when you should be

97
00:06:22.677 --> 00:06:26.391
Consulting an attorney on that question because you know,

98
00:06:26.392 --> 00:06:29.066
you don't want to be operating in such a fashion thinking

99
00:06:29.067 --> 00:06:30.740
you're in compliance and then it just turned out one day

100
00:06:30.740 --> 00:06:35.600
new States government decides that you're not so that the

101
00:06:35.600 --> 00:06:38.675
New York law kind of got typing and pasted into the

102
00:06:38.675 --> 00:06:41.300
Maryland Bill and then they had all these other things to

103
00:06:41.300 --> 00:06:45.410
it like a Red Cap etcetera etcetera and it is great for the

104
00:06:45.410 --> 00:06:48.226
People who work in the industry that the bill is dead for

105
00:06:48.227 --> 00:06:50.780
now and then I'll come back next year. That's my prediction

106
00:06:50.780 --> 00:06:56.930
anyway, but it's now been as you mention pop back up again.

107
00:06:56.930 --> 00:06:59.270
Now, I'm in Connecticut for the state of Connecticut is

108
00:06:59.270 --> 00:07:02.495
jumping on the bandwagon on this commercial financing

109
00:07:02.496 --> 00:07:07.461
disclosure thing. And is it the same deal? They want people

110
00:07:07.461 --> 00:07:11.661
to disclose an APR. If you look at this if you look at the

111
00:07:11.661 --> 00:07:15.041
language it really is it when I take copy and paste they

112
00:07:15.041 --> 00:07:18.569
literally copied and pasted the New York law into the

113
00:07:18.570 --> 00:07:21.741
Connecticut bill and I know this is true because there a

114
00:07:21.741 --> 00:07:25.725
certain keywords in the bill that don't make any sense. You

115
00:07:25.725 --> 00:07:28.791
have people laughed about you and joked about a New York

116
00:07:28.791 --> 00:07:35.551
one like the term double-dipping that caught our attention

117
00:07:35.551 --> 00:07:45.381
to when we were pulling about the New York bill.

118
00:07:46.181 --> 00:07:50.346
At least not when it comes to finance and you might not be

119
00:07:50.346 --> 00:07:53.579
thinking while I get what it kind of means but when when

120
00:07:53.580 --> 00:07:56.530
you create laws, that's me about finance things have to be

121
00:07:56.530 --> 00:07:59.828
very precise. What double dipping means to one person might

122
00:07:59.828 --> 00:08:11.586
not mean to another person have an idea. Some people have

123
00:08:11.587 --> 00:08:15.037
referred to a different things. But that exact language

124
00:08:15.037 --> 00:08:18.775
appears in the Connecticut Bill where is supposedly a

125
00:08:18.775 --> 00:08:22.401
contractor proposal to a business owner supposed to say you

126
00:08:22.402 --> 00:08:31.582
supposed to disclose if there's any double dipping going on

127
00:08:31.582 --> 00:08:45.352
did that really make it do you understand more?

128
00:08:45.363 --> 00:08:48.478
Are there with all the testimony that's been entered a lot

129
00:08:48.478 --> 00:08:52.303
of it is again. Bill kind of like we saw in other states,

130
00:08:52.304 --> 00:09:00.119
but no mail in New York. We're going to go down south again

131
00:09:00.119 --> 00:09:04.694
to Miami Miami Beach. So obviously over the weekend. We saw

132
00:09:04.694 --> 00:09:06.544
some really interesting news about what is going on in

133
00:09:06.544 --> 00:09:10.086
Miami with a ton of Spring Breakers and some people heading

134
00:09:10.086 --> 00:09:14.503
to Miami and now the big struggle is trying to control the

135
00:09:14.504 --> 00:09:16.862
massive crowds and OU and I've talked about just the

136
00:09:16.862 --> 00:09:20.594
differences when you go from New York to a place like Miami

137
00:09:20.594 --> 00:09:25.844
where things are a little more free there, you know people

138
00:09:25.844 --> 00:09:28.884
just the way of life there is different. So I think it was

139
00:09:28.884 --> 00:09:30.794
really interesting over the weekend that you know, there

140
00:09:30.794 --> 00:09:32.924
was a curfew that's been put in place because of how

141
00:09:32.924 --> 00:09:36.924
out-of-control things have gotten in Miami and it's also

142
00:09:36.924 --> 00:09:39.704
interesting because while this is all going on, there's

143
00:09:39.704 --> 00:09:42.394
people moving and we've talked about that in the last

144
00:09:42.394 --> 00:09:44.894
episode people removing their people from different states

145
00:09:44.894 --> 00:09:45.344
are go

146
00:09:45.344 --> 00:09:45.734
Turn down.

147
00:09:45.734 --> 00:09:47.954
I'm down in Florida, especially the put the next 3 weeks

148
00:09:47.954 --> 00:09:52.442
down in Miami. Miami beat specifically, it will be W curfew

149
00:09:52.443 --> 00:09:56.560
from 6 p.m. To 6 a.m. So that's also very interesting

150
00:09:56.560 --> 00:10:04.158
because we're out of control from the video. Yeah. We were

151
00:10:04.158 --> 00:10:14.204
out of control and go in there and try to control because

152
00:10:14.205 --> 00:10:17.227
of how intense of God because and this is something I

153
00:10:17.228 --> 00:10:19.545
shared with you that that is the most people I've seen in

154
00:10:19.545 --> 00:10:24.085
one specific please since covid bikes in the Hulk Hogan

155
00:10:24.085 --> 00:10:27.615
situation went down like a live crabs on a regular night

156
00:10:27.615 --> 00:10:33.615
serum intense, but this was like out of control and they

157
00:10:33.615 --> 00:10:36.261
went into emergency meetings yesterday, but sending that

158
00:10:36.261 --> 00:10:39.445
they said was that you know, this is a lot of people from

159
00:10:39.445 --> 00:10:43.012
Adam Miami Beach like you I don't live there there to let

160
00:10:43.013 --> 00:10:45.315
loose and party and now you

161
00:10:45.315 --> 00:10:50.535
They're worried about the consequences of that can bring.

162
00:10:50.535 --> 00:11:02.313
Mask-wearing isn't as popular down there cuz I think in a

163
00:11:02.314 --> 00:11:04.615
lot of parts of the country we've gotten accustomed to

164
00:11:04.615 --> 00:11:09.115
wearing masks and we have to but in New York as I'm sure

165
00:11:09.116 --> 00:11:15.446
you're aware, you know, we don't have backyards very few

166
00:11:15.446 --> 00:11:18.656
people. I know including myself and had the luxury of even

167
00:11:18.656 --> 00:11:23.188
being outside at all without a mask on it. Almost a year. I

168
00:11:23.188 --> 00:11:26.489
don't have a backyard. I don't have a balcony. You don't

169
00:11:26.490 --> 00:11:29.815
have a front yard. So I can't go anywhere. I mean because

170
00:11:29.816 --> 00:11:33.711
where I live you have to have a mask on outside it all time

171
00:11:33.711 --> 00:11:50.966
in forever, but then they go in their backyards.

172
00:11:50.966 --> 00:11:59.703
Life outside the map and so to watch a video with like

173
00:11:59.703 --> 00:12:15.633
hundreds or are you going to sit in a couple of days we

174
00:12:15.634 --> 00:12:19.294
were in Miami for the interviews that we did with the

175
00:12:19.294 --> 00:12:23.726
people for the special. It was really interesting. And is

176
00:12:23.726 --> 00:12:26.643
Kyle. I got to take a step back coming from New York City

177
00:12:26.644 --> 00:12:31.039
because I hear things are so strict and you know, you have

178
00:12:31.039 --> 00:12:33.634
to wear a mask at a restaurant. You have to wear a mask,

179
00:12:33.634 --> 00:12:36.298
even if you want to go do a simple transaction. That's 2

180
00:12:36.298 --> 00:12:39.442
minutes like you have to always cover up but when you go

181
00:12:39.442 --> 00:12:42.116
down there, it's completely different and special places

182
00:12:42.116 --> 00:12:45.153
like restaurants like here in New York now restaurants are

183
00:12:45.154 --> 00:12:50.554
open to some capacity, but this is a very very recent thing

184
00:12:50.554 --> 00:12:50.944
before.

185
00:12:50.944 --> 00:12:51.394
was

186
00:12:51.394 --> 00:12:53.614
It wasn't like that. We had outdoor dining when we went down

187
00:12:53.614 --> 00:12:56.374
there and things, you know, they're seeing people like

188
00:12:56.374 --> 00:13:00.386
normal and it was kind of a mind game that we had to really

189
00:13:00.387 --> 00:13:03.724
just take a step back and realize it right like this isn't

190
00:13:03.724 --> 00:13:07.264
what life is like here. So you kind of have to reprogram

191
00:13:07.264 --> 00:13:10.624
your mind and be okay, I guess to whatever you feel

192
00:13:10.624 --> 00:13:14.194
comfortable with accepting an adapting to life down there.

193
00:13:14.194 --> 00:13:17.674
Anyway that extremely jarring and it was also just a little

194
00:13:17.674 --> 00:13:21.790
bit of like, you know, a mind trick that you had to kind of

195
00:13:21.790 --> 00:13:26.854
just you know, I guess like not like relax if you can and

196
00:13:26.854 --> 00:13:30.634
be okay with your surroundings down, you know a Triton,

197
00:13:30.635 --> 00:13:33.835
please like restaurants and bars and even walking the beach

198
00:13:33.835 --> 00:13:37.350
which is kind of bizarre because we don't we have beaches

199
00:13:37.350 --> 00:13:40.250
here, but they're not as accessible as you do when you go

200
00:13:40.250 --> 00:13:50.915
down to like, South, Florida.

201
00:13:50.915 --> 00:13:54.665
What is it related to the topic? But we all can dream about

202
00:13:54.665 --> 00:14:03.455
things that are related to our lives and oriented times

203
00:14:03.455 --> 00:14:07.865
last 6 to 9 months is that I'm out somewhere and I'm

204
00:14:07.865 --> 00:14:11.000
looking all around and I'm like people looking at me and I

205
00:14:11.000 --> 00:14:13.715
don't know what it is and I start to get that fear of. Oh

206
00:14:13.715 --> 00:14:19.175
no that I'm not wearing a mask and then like the entire

207
00:14:19.175 --> 00:14:23.972
like it just becomes crippling anxiety. Oh my God, I was

208
00:14:23.972 --> 00:14:29.704
that's what I think about that that is where a lot of

209
00:14:29.705 --> 00:14:33.560
people are coming from now because they even been outside.

210
00:14:33.560 --> 00:14:41.495
There's no because I think it was something that the New

211
00:14:41.495 --> 00:14:45.515
York Times reported was that Miami-Dade County has endured

212
00:14:45.515 --> 00:14:49.487
one of the nation's worst outbreaks that more than 32,000

213
00:14:49.487 --> 00:14:50.885
Floridians have died.

214
00:14:50.885 --> 00:14:51.806
You know.

215
00:14:51.806 --> 00:14:54.971
And you know, it has the highest concentration of the b-117

216
00:14:54.972 --> 00:14:58.377
Burien of coronavirus, which was the the European the

217
00:14:58.377 --> 00:15:02.397
British won. So, you know, they have this, you know, it's

218
00:15:02.397 --> 00:15:07.737
the virus is very much alive there like it is here but it's

219
00:15:07.737 --> 00:15:10.827
it's interesting to see how you know, things are being

220
00:15:10.827 --> 00:15:14.507
handled down in Florida and you know, you come here and you

221
00:15:14.507 --> 00:15:16.449
know, you've been things that we talked about like just

222
00:15:16.449 --> 00:15:20.017
daily life in like when we will be able to gather again,

223
00:15:20.017 --> 00:15:23.627
you know it it's weird to think about it here cuz you know,

224
00:15:23.627 --> 00:15:26.667
everything's different here but down there people seem to

225
00:15:26.667 --> 00:15:31.249
be okay with being able to gather normally and not but you

226
00:15:31.250 --> 00:15:35.077
know be as cautious as it is up here and I will stay in

227
00:15:35.077 --> 00:15:40.563
Florida and in Miami is defense and not a doctor Yeah Yeahs

228
00:15:40.563 --> 00:15:46.467
articles. I've read that California's infection rates and

229
00:15:46.467 --> 00:15:49.587
all that other stuff was essentially is essentially similar

230
00:15:49.587 --> 00:15:50.877
to Florida.

231
00:15:50.877 --> 00:16:01.815
Sonia has the most part in lockdown for the entire year

232
00:16:01.816 --> 00:16:06.938
virtually the same and of course, of course Miami in

233
00:16:06.938 --> 00:16:11.614
Florida, Florida state is benefiting more from the economic

234
00:16:11.614 --> 00:16:16.737
activity really, you know, suppress the economic activity

235
00:16:16.738 --> 00:16:21.343
to the point where Florida's governor DeSantis is kind of

236
00:16:21.343 --> 00:16:29.002
being hounded the hero. Yeah. So it's interesting to see I

237
00:16:29.002 --> 00:16:32.808
think people will compare the numbers of you know, how

238
00:16:32.808 --> 00:16:36.668
Florida has like will continue to do versus you know,

239
00:16:36.668 --> 00:16:39.519
somewhere like New York, California Chicago you no

240
00:16:39.519 --> 00:16:43.145
excetera. So definitely be interesting to see what happens

241
00:16:43.145 --> 00:16:48.462
and how the return of the sea cities in general will

242
00:16:48.463 --> 00:16:50.848
compare to a place like

243
00:16:50.848 --> 00:16:57.891
Miami exactly and then some other big news for it actually

244
00:16:57.891 --> 00:17:01.237
tomorrow. So Sean, let's talk about what we have planned

245
00:17:01.238 --> 00:17:06.546
for tomorrow and exciting. So tomorrow we're doing a

246
00:17:06.547 --> 00:17:10.041
livestream. We're live streaming right now. If you're if

247
00:17:10.041 --> 00:17:12.918
you're if you just saw the note on the website about a

248
00:17:12.918 --> 00:17:17.084
livestream any to Indian you like this is the livestream

249
00:17:17.084 --> 00:17:20.443
visit you are the one that we're doing tomorrow for those

250
00:17:20.443 --> 00:17:24.208
who have not been watching our regular we've been doing

251
00:17:24.209 --> 00:17:26.658
this every Monday and Wednesday for the last couple months.

252
00:17:26.658 --> 00:17:31.578
I would do whatever you see around 12:00 12:15. And what

253
00:17:31.578 --> 00:17:35.478
we're doing tomorrow is a little bit more special. We're

254
00:17:35.478 --> 00:17:38.808
having a get-together small group in Midtown Manhattan and

255
00:17:38.808 --> 00:17:41.878
we're going to have some special guests with us will be

256
00:17:41.878 --> 00:17:44.778
speaking and it's a 2-hour live broadcast. We're going to

257
00:17:44.778 --> 00:17:47.630
have to broker shops in a funding company with us and we're

258
00:17:47.631 --> 00:17:50.748
going to do some interviews and going to be on the scripted

259
00:17:50.749 --> 00:17:50.839
and off the top and will be shown.

260
00:17:50.839 --> 00:18:00.010
I'm not unique content and you don't need to register.

261
00:18:00.110 --> 00:18:01.110
use

262
00:18:01.110 --> 00:18:05.155
Usually when you hear about these why it'll live streams or

263
00:18:05.155 --> 00:18:10.220
virtual this whatever it is. You have to register right and

264
00:18:10.220 --> 00:18:13.395
then you have to wait for the link and it's usually get

265
00:18:13.395 --> 00:18:24.994
this whole thing about like people are like we're doing a

266
00:18:24.994 --> 00:18:28.828
little bit differently. Yeah, we're not doing a resume

267
00:18:28.828 --> 00:18:32.586
call. We're not doing virtual conversations knows who will

268
00:18:32.587 --> 00:18:36.130
be broadcast on this stream tomorrow. We're all going to be

269
00:18:36.130 --> 00:18:40.626
together in person in a lot of people this wasn't like we

270
00:18:40.627 --> 00:18:44.011
didn't pick out, you know, our favorite friends and stuff

271
00:18:44.011 --> 00:18:48.647
like that. So if you're wondering why you're not a part of

272
00:18:48.647 --> 00:18:51.382
it is because it's fashion in person for 2 and 1/2 hours.

273
00:18:51.382 --> 00:18:53.746
It will be live on will get to hear from people who are on

274
00:18:53.746 --> 00:19:00.070
the front lines with business money industry. We have

275
00:19:00.071 --> 00:19:00.401
United Capital source.

276
00:19:00.601 --> 00:19:05.998
And now we have our Central diligence group. So to broker

277
00:19:05.998 --> 00:19:13.229
company that will be joining us to be there too. So it'll

278
00:19:13.230 --> 00:19:15.821
be exciting because I think this will be something that is

279
00:19:15.821 --> 00:19:19.346
not out of the ordinary in normal times. But this why you

280
00:19:19.346 --> 00:19:21.791
said it won't be a zoom of that. He'll be something that

281
00:19:21.791 --> 00:19:24.731
people will be there live with us and we'll be able to

282
00:19:24.731 --> 00:19:27.761
really just chat with them have a conversation like it's in

283
00:19:27.761 --> 00:19:30.941
real time. And then hopefully that will kind of Kratom

284
00:19:30.941 --> 00:19:34.811
atmosphere for when we're back in person. He can kind of

285
00:19:34.811 --> 00:19:38.766
just you know, he's our way back into normal event

286
00:19:38.766 --> 00:19:49.681
conference. It is a special but it will be it will be a

287
00:19:49.681 --> 00:20:00.371
small group and it should be fun.

288
00:20:00.371 --> 00:20:02.801
I won't be your last you know, this is definitely the first

289
00:20:02.801 --> 00:20:17.178
of many so you got MD bank.com TV, that's it. And you could

290
00:20:17.179 --> 00:20:26.026
go there right now and you know, there should be some

291
00:20:26.026 --> 00:20:37.141
content on the screen. It's not going to be one of those

292
00:20:37.141 --> 00:20:49.061
and we'll be live from 10:30 to 1 eastern time and calm and

293
00:20:49.061 --> 00:20:52.511
we hope it will be the first time of many that we do the

294
00:20:52.511 --> 00:20:59.021
rest of the year.

295
00:20:59.021 --> 00:20:59.628
an

296
00:20:59.628 --> 00:21:02.898
And I think would will also be very interesting is that if

297
00:21:02.899 --> 00:21:05.854
you know someone that's interested about the business

298
00:21:05.854 --> 00:21:08.329
getting into the business or has questions about how to

299
00:21:08.329 --> 00:21:10.999
move forward with the business go ahead and tell them about

300
00:21:10.999 --> 00:21:13.359
this. I think this is a good opportunity for them and I

301
00:21:13.359 --> 00:21:16.001
don't need to get out of the rhythm of watching his Zoomer

302
00:21:16.002 --> 00:21:19.699
being a part of Zoom, but you know just be with people that

303
00:21:19.699 --> 00:21:22.669
are knowledgeable about the industry and let them know that

304
00:21:22.669 --> 00:21:24.889
you know, we're going to be there when it be there live and

305
00:21:24.889 --> 00:21:29.179
the for them to TuneIn and like we said before we are doing

306
00:21:29.179 --> 00:21:33.240
regular live streams hear from her in office and give you

307
00:21:33.241 --> 00:21:35.569
one day in and Wednesdays and if you would like to be a

308
00:21:35.569 --> 00:21:38.457
part of it is set in one of these chairs or maybe a third

309
00:21:38.458 --> 00:21:48.721
chair are you can you can do that. You need to be in the

310
00:21:48.721 --> 00:21:59.089
whole team.

311
00:21:59.090 --> 00:22:03.200
I'm sorry, they can email us at 2. What would be the Emoji

312
00:22:03.200 --> 00:22:09.201
the right email for them to info at dmacc.com? That's what

313
00:22:09.201 --> 00:22:17.029
I was told. I do want to mention people were asking. We are

314
00:22:17.030 --> 00:22:21.650
having an in-person event a real in person tonight, but

315
00:22:21.650 --> 00:22:26.690
lots of people in December broker there, right December 6th

316
00:22:26.690 --> 00:22:30.337
program fair in your cities were asking if we have any yet

317
00:22:30.337 --> 00:22:36.911
2 years. It's happening this year. Hopefully everything

318
00:22:36.911 --> 00:22:46.687
goes at nothing, you know crazy streaming on the outside

319
00:22:46.688 --> 00:22:50.780
and hopefully one of many that will follow in person. So

320
00:22:50.780 --> 00:22:54.290
it's exciting to get ready to get prepared for that. And

321
00:22:54.290 --> 00:22:57.890
you know for that information again didn't check it out

322
00:22:57.890 --> 00:22:59.060
online. Org for that.

323
00:22:59.060 --> 00:23:01.242
And for those of you wondering why we're not doing it in

324
00:23:01.243 --> 00:23:05.652
person event right now. I think personally I think it's a

325
00:23:05.652 --> 00:23:12.636
little too early for us to do one. Right and we thought it

326
00:23:12.636 --> 00:23:16.016
was it made the most sense to wait. It's a little bit

327
00:23:16.016 --> 00:23:21.248
longer when there was a much higher likelihood of things

328
00:23:21.249 --> 00:23:25.442
not going wrong. I'm so December 6th, which is fun cuz we

329
00:23:25.442 --> 00:23:37.700
about you'll be in New York for the holidays and enjoy the,

330
00:23:37.701 --> 00:23:40.848
you know stores on 5th Avenue the nice know if it snows and

331
00:23:40.848 --> 00:23:46.445
probably will and people can just kind of experience.

332
00:23:46.446 --> 00:23:50.505
Hopefully you regular New York and I think with exciting is

333
00:23:50.505 --> 00:23:53.876
that you know, this will be the first and next year.

334
00:23:53.876 --> 00:23:56.070
Hopefully, we will be able to kind of go back into the

335
00:23:56.071 --> 00:23:59.031
rhythm of doing regular event a different country.

336
00:23:59.031 --> 00:23:59.492
stay

337
00:23:59.492 --> 00:24:04.472
Stayed so hopefully be the first of a start a Kik off of the

338
00:24:04.472 --> 00:24:12.282
number of events happening in doing it in person that again

339
00:24:12.282 --> 00:24:17.828
in Miami. The prison big one that we do will be next year.

340
00:24:17.829 --> 00:24:25.922
We don't have it now and December. Going to be a blowout

341
00:24:25.922 --> 00:24:30.677
conference is going to be broke her paramour going to do a

342
00:24:30.677 --> 00:24:35.232
big, so it's exciting so coarse tune in tomorrow, and that

343
00:24:35.232 --> 00:24:37.832
pretty much is it for us today? So again, I'm Johnny

344
00:24:37.832 --> 00:24:40.707
Fernandez would be Bank use Mount Saint Mary and we'll see

345
00:24:40.708 --> 00:24:44.722
you guys next time tomorrow. Hopefully. See you guys.