NEW INFO 5 Results from share redemption are posted. Less than .2% redeemed. Very bullish as investors are showing extreme confidence in the future of PLBY.
https://finance.yahoo.com/news/playboy-mountain-crest-acquisition-corp-120000721.html
NEW INFO 4 Definitive Agreement to purchase 100% of Lovers brand stores announced 2/1.
https://www.streetinsider.com/Corporate+News/Playboy+%28MCAC%29+Confirms+Deal+to+Acquire+Lovers/17892359.html
NEW INFO 3 I bought more on the dip today. 5081 total. Price rose AH to $12.38 (2.15%)
NEW INFO 2 Here is the full webinar.
https://icrinc.zoom.us/rec/play/9GWKdmOYumjWfZuufW3QXpe_FW_g--qeNbg6PnTjTMbnNTgLmCbWjeRFpQga1iPc-elpGap8dnDv8Zww.yD7DjUwuPmapeEdP?continueMode=true&tk=lEYc4F_FkKlgsmCIs6w0gtGHT2kbgVGbUju3cIRBSjk.DQIAAAAV8NK49xZWdldRM2xNSFNQcTBmcE00UzM3bXh3AAAAAAAAAAAAAAAAAAAAAAAAAAAA&uuid=WN_GKWqbHkeSyuWetJmLFkj4g&_x_zm_rtaid=kR45-uuqRE-L65AxLjpbQw.1611967079119.2c054e3d3f8d8e63339273d9175939ed&_x_zm_rhtaid=866
NEW INFO 1 Live merger webinar with PLBY and MCAC on Friday January 29, 2021 at 12:00 NOON EST link below
https://mcacquisition.com/investor-relations/press-release-details/2021/Playboy-Enterprises-Inc.-and-Mountain-Crest-Acquisition-Corp-Participate-in-SPACInsider-ICR-Webinar-on-January-29th-at-12pm-ET/default.aspx
Playboy going public: Porn, Gambling, and Cannabis
!!!WARNING READING AHEAD!!! TL;DR at the end. It will take some time to sort through all the links and read/watch everything, but you should.
In the next couple weeks, Mountain Crest Acquisition Corp is taking Playboy public. The existing ticker MCAC will become PLBY. Special purpose acquisition companies have taken private companies public in recent months with great success. I believe this will be no exception. Notably, Playboy is profitable and has skyrocketing revenue going into a transformational growth phase.
Porn - First and foremost, let's talk about porn. I know what you guys are thinking. “Porno mags are dead. Why would I want to invest in something like that? I can get porn for free online.” Guess what? You are absolutely right. And that’s exactly why Playboy doesn’t do that anymore. That’s right, they eliminated their print division. And yet they somehow STILL make money from porn that people (see: boomers) pay for on their website through PlayboyTV, Playboy Plus, and iPlayboy. Here’s the thing: Playboy has international, multi-generational name recognition from porn. They have content available in 180 countries. It will be the only publicly traded adult entertainment (porn) company. But that is not where this company is going. It will help support them along the way. You can see every Playboy magazine through iPlayboy if you’re interested. NSFW links below:
https://www.playboy.com/
https://www.playboytv.com/
https://www.playboyplus.com/
https://www.iplayboy.com/
Gambling - Some of you might recognize the Playboy brand from gambling trips to places like Las Vegas, Atlantic City, Cancun, London or Macau. They’ve been in the gambling biz for decades through their casinos, clubs, and licensed gaming products. They see the writing on the wall. COVID is accelerating the transition to digital, application based GAMBLING. That’s right. What we are doing on Robinhood with risky options is gambling, and the only reason regulators might give a shit anymore is because we are making too much money. There may be some restrictions put in place, but gambling from your phone on your couch is not going anywhere. More and more states are allowing things like Draftkings, poker, state ‘lottery” apps, hell - even political betting. Michigan and Virginia just ok’d gambling apps. They won’t be the last. This is all from your couch and any 18 year old with a cracked iphone can access it. Wouldn’t it be cool if Playboy was going to do something like that? They’re already working on it. As per CEO Ben Kohn who we will get to later, “...the company’s casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth.” Honestly, I stopped researching Scientific Games' sports betting segment when I saw the word ‘omni-channel’. That told me all I needed to know about it’s success.
“Our SG Sports™ platform is an enhanced, omni-channel solution for online, self-service and retail fixed odds sports betting – from soccer to tennis, basketball, football, baseball, hockey, motor sports, racing and more.”
https://www.scientificgames.com/
https://www.microgaming.co.uk/
“This latter segment has become increasingly enticing for Playboy, and it said last week that it is considering new tie-ups that could include gaming operators like PointsBet and 888Holdings.”
https://calvinayre.com/2020/10/05/business/playboys-gaming-ops-could-get-a-boost-from-spac-purchase/
As per their SEC filing:
“Significant consumer engagement and spend with Playboy-branded gaming properties around the world, including with leading partners such as Microgaming, Scientific Games, and Caesar’s Entertainment, steers our investment in digital gaming, sports betting and other digital offerings to further support our commercial strategy to expand consumer spend with minimal marginal cost, and gain consumer data to inform go-to-market plans across categories.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tMDAA1
They are expanding into more areas of gaming/gambling, working with international players in the digital gaming/gambling arena, and a Playboy sportsbook is on the horizon.
https://www.playboy.com/read/the-pleasure-of-playing-with-yourself-mobile-gaming-in-the-covid-era
Cannabis - If you’ve ever read through a Playboy magazine, you know they’ve had a positive relationship with cannabis for many years. As of September 2020, Playboy has made a major shift into the cannabis space. Too good to be true you say? Check their website. Playboy currently sells a range of CBD products. This is a good sign. Federal hemp products, which these most likely are, can be mailed across state lines and most importantly for a company like Playboy, can operate through a traditional banking institution. CBD products are usually the first step towards the cannabis space for large companies. Playboy didn’t make these products themselves meaning they are working with a processor in the cannabis industry. Another good sign for future expansion. What else do they have for sale? Pipes, grinders, ashtrays, rolling trays, joint holders. Hmm. Ok. So it looks like they want to sell some shit. They probably don’t have an active interest in cannabis right? Think again:
https://www.forbes.com/sites/javierhasse/2020/09/24/playboy-gets-serious-about-cannabis-law-reform-advocacy-with-new-partnership-grants/?sh=62f044a65cea
“Taking yet another step into the cannabis space, Playboy will be announcing later on Thursday (September, 2020) that it is launching a cannabis law reform and advocacy campaign in partnership with National Organization for the Reform of Marijuana Laws (NORML), Last Prisoner Project, Marijuana Policy Project, the Veterans Cannabis Project, and the Eaze Momentum Program.”
“According to information procured exclusively, the three-pronged campaign will focus on calling for federal legalization. The program also includes the creation of a mentorship plan, through which the Playboy Foundation will support entrepreneurs from groups that are underrepresented in the industry.” Remember that CEO Kohn from earlier? He wrote this recently:
https://medium.com/naked-open-letters-from-playboy/congress-must-pass-the-more-act-c867c35239ae
Seems like he really wants weed to be legal? Hmm wonder why? The writing's on the wall my friends. Playboy wants into the cannabis industry, they are making steps towards this end, and we have favorable conditions for legislative progress.
Don’t think branding your own cannabis line is profitable or worthwhile? Tell me why these 41 celebrity millionaires and billionaires are dummies. I’ll wait.
https://www.celebstoner.com/news/celebstoner-news/2019/07/12/top-celebrity-cannabis-brands/
Confirmation: I hear you. “This all seems pretty speculative. It would be wildly profitable if they pull this shift off. But how do we really know?” Watch this whole video:
https://finance.yahoo.com/video/playboy-ceo-telling-story-female-154907068.html
Man - this interview just gets my juices flowing. And highlights one of my favorite reasons for this play. They have so many different business avenues from which a catalyst could appear. I think paying attention, holding shares, and options on these staggered announcements over the next year is the way I am going to go about it. "There's definitely been a shift to direct-to-consumer," he (Kohn) said. "About 50 percent of our revenue today is direct-to-consumer, and that will continue to grow going forward.” “Kohn touted Playboy's portfolio of both digital and consumer products, with casino-style gaming, in particular, serving a crucial role under the company's new business model. Playboy also has its sights on the emerging cannabis market, from CBD products to marijuana products geared toward sexual health and pleasure.” "If THC does become legal in the United States, we have developed certain strains to enhance your sex life that we will launch," Kohn said. https://cheddar.com/media/playboy-goes-public-health-gaming-lifestyle-focus Oh? The CEO actually said it? Ok then. “We have developed certain strains…” They’re already working with growers on strains and genetics? Ok. There are several legal cannabis markets for those products right now, international and stateside. I expect Playboy licensed hemp and THC pre-rolls by EOY. Something like this: https://www.etsy.com/listing/842996758/10-playboy-pre-roll-tubes-limited?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=pre+roll+playboy&ref=sr_gallery-1-2&organic_search_click=1 Maintaining cannabis operations can be costly and a regulatory headache. Playboy’s licensing strategy allows them to pick successful, established partners and sidestep traditional barriers to entry. You know what I like about these new markets? They’re expanding. Worldwide. And they are going to be a bigger deal than they already are with or without Playboy. Who thinks weed and gambling are going away? Too many people like that stuff. These are easy markets. And Playboy is early enough to carve out their spot in each. Fuck it, read this too: https://www.forbes.com/sites/jimosman/2020/10/20/playboy-could-be-the-king-of-spacs-here-are-three-picks/?sh=2e13dcaa3e05
Numbers: You want numbers? I got numbers. As per the company’s most recent SEC filing:
“For the year ended December 31, 2019, and the nine months ended September 30, 2020, Playboy’s historical consolidated revenue was $78.1 million and $101.3 million, respectively, historical consolidated net income (loss) was $(23.6) million and $(4.8) million, respectively, and Adjusted EBITDA was $13.1 million and $21.8 million, respectively.”
“In the nine months ended September 30, 2020, Playboy’s Licensing segment contributed $44.2 million in revenue and $31.1 million in net income.”
“In the ninth months ended September 30, 2020, Playboy’s Direct-to-Consumer segment contributed $40.2 million in revenue and net income of $0.1 million.”
“In the nine months ended September 30, 2020, Playboy’s Digital Subscriptions and Content segment contributed $15.4 million in revenue and net income of $7.4 million.”
They are profitable across all three of their current business segments.
“Playboy’s return to the public markets presents a transformed, streamlined and high-growth business. The Company has over $400 million in cash flows contracted through 2029, sexual wellness products available for sale online and in over 10,000 major retail stores in the US, and a growing variety of clothing and branded lifestyle and digital gaming products.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
Growth: Playboy has massive growth in China and massive growth potential in India. “In China, where Playboy has spent more than 25 years building its business, our licensees have an enormous footprint of nearly 2,500 brick and mortar stores and 1,000 ecommerce stores selling high quality, Playboy-branded men’s casual wear, shoes/footwear, sleepwear, swimwear, formal suits, leather & non-leather goods, sweaters, active wear, and accessories. We have achieved significant growth in China licensing revenues over the past several years in partnership with strong licensees and high-quality manufacturers, and we are planning for increased growth through updates to our men’s fashion lines and expansion into adjacent categories in men’s skincare and grooming, sexual wellness, and women’s fashion, a category where recent launches have been well received.” The men’s market in China is about the same size as the entire population of the United States and European Union combined. Playboy is a leading brand in this market. They are expanding into the women’s market too. Did you know CBD toothpaste is huge in China? China loves CBD products and has hemp fields that dwarf those in the US. If Playboy expands their CBD line China it will be huge. Did you know the gambling money in Macau absolutely puts Las Vegas to shame? Technically, it's illegal on the mainland, but in reality, there is a lot of gambling going on in China. https://www.forbes.com/sites/javierhasse/2020/10/19/magic-johnson-and-uncle-buds-cbd-brand-enter-china-via-tmall-partnership/?sh=271776ca411e “In India, Playboy today has a presence through select apparel licensees and hospitality establishments. Consumer research suggests significant growth opportunities in the territory with Playboy’s brand and categories of focus.” “Playboy Enterprises has announced the expansion of its global consumer products business into India as part of a partnership with Jay Jay Iconic Brands, a leading fashion and lifestyle Company in India.” “The Indian market today is dominated by consumers under the age of 35, who represent more than 65 percent of the country’s total population and are driving India’s significant online shopping growth. The Playboy brand’s core values of playfulness and exploration resonate strongly with the expressed desires of today’s younger millennial consumers. For us, Playboy was the perfect fit.” “The Playboy international portfolio has been flourishing for more than 25 years in several South Asian markets such as China and Japan. In particular, it has strategically targeted the millennial and gen-Z audiences across categories such as apparel, footwear, home textiles, eyewear and watches.” https://www.licenseglobal.com/industry-news/playboy-expands-global-footprint-india It looks like they gave COVID the heisman in terms of net damage sustained: “Although Playboy has not suffered any material adverse consequences to date from the COVID-19 pandemic, the business has been impacted both negatively and positively. The remote working and stay-at-home orders resulted in the closure of the London Playboy Club and retail stores of Playboy’s licensees, decreasing licensing revenues in the second quarter, as well as causing supply chain disruption and less efficient product development thereby slowing the launch of new products. However, these negative impacts were offset by an increase in Yandy’s direct-to-consumer sales, which have benefited in part from overall increases in online retail sales so far during the pandemic.” Looks like the positives are long term (Yandy acquisition) and the negatives are temporary (stay-at-home orders).
https://www.sec.gov/Archives/edgadata/1803914/000110465921006093/tm213766-1_defa14a.htm
This speaks to their ability to maintain a financially solvent company throughout the transition phase to the aforementioned areas. They’d say some fancy shit like “expanded business model to encompass four key revenue streams: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming.” I hear “we’re just biding our time with these trinkets until those dollar dollar bill y’all markets are fully up and running.” But the truth is these existing revenue streams are profitable, scalable, and rapidly expanding Playboy’s e-commerce segment around the world.
"Even in the face of COVID this year, we've been able to grow EBITDA over 100 percent and revenue over 68 percent, and I expect that to accelerate going into 2021," he said. “Playboy is accelerating its growth in company-owned and branded consumer products in attractive and expanding markets in which it has a proven history of brand affinity and consumer spend.”
Also in the SEC filing, the Time Frame:
“As we detailed in the definitive proxy statement, the SPAC stockholder meeting to vote on the transaction has been set for February 9th, and, subject to stockholder approval and satisfaction of the other closing conditions, we expect to complete the merger and begin trading on NASDAQ under ticker PLBY shortly thereafter,” concluded Kohn.
The Players: Suhail “The Whale” Rizvi (HMFIC), Ben “The Bridge” Kohn (CEO), “lil” Suying Liu & “Big” Dong Liu (Young-gun China gang). I encourage you to look these folks up. The real OG here is Suhail Rizvi. He’s from India originally and Chairman of the Board for the new PLBY company. He was an early investor in Twitter, Square, Facebook and others. His firm, Rizvi Traverse, currently invests in Instacart, Pinterest, Snapchat, Playboy, and SpaceX. Maybe you’ve heard of them. “Rizvi, who owns a sprawling three-home compound in Greenwich, Connecticut, and a 1.65-acre estate in Palm Beach, Florida, near Bill Gates and Michael Bloomberg, moved to Iowa Falls when he was five. His father was a professor of psychology at Iowa. Along with his older brother Ashraf, a hedge fund manager, Rizvi graduated from Wharton business school.” “Suhail Rizvi: the 47-year-old 'unsocial' social media baron: When Twitter goes public in the coming weeks (2013), one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his photos from the internet. In IPO, Twitter seeks to be 'anti-FB'” “Prince Alwaleed bin Talal of Saudi Arabia looks like a big Twitter winner. So do the moneyed clients of Jamie Dimon. But as you’ve-got-to-be-joking wealth washed over Twitter on Thursday — a company that didn’t exist eight years ago was worth $31.7 billion after its first day on the stock market — the non-boldface name of the moment is Suhail R. Rizvi. Mr. Rizvi, 47, runs a private investment company that is the largest outside investor in Twitter with a 15.6 percent stake worth $3.8 billion at the end of trading on Thursday (November, 2013). Using a web of connections in the tech industry and in finance, as well as a hearty dose of good timing, he brought many prominent names in at the ground floor, including the Saudi prince and some of JPMorgan’s wealthiest clients.” https://www.nytimes.com/2013/11/08/technology/at-twitter-working-behind-the-scenes-toward-a-billion-dollar-payday.html Y’all like that Arab money? How about a dude that can call up Saudi Princes and convince them to spend? Funniest shit about I read about him: “Rizvi was able to buy only $100 million in Facebook shortly before its IPO, thus limiting his returns, according to people with knowledge of the matter.” Poor guy :(
He should be fine with the 16 million PLBY shares he's going to have though :)
Shuhail also has experience in the entertainment industry. He’s invested in companies like SESAC, ICM, and Summit Entertainment. He’s got Hollywood connections to blast this stuff post-merger. And he’s at least partially responsible for that whole Twilight thing. I’m team Edward btw.
I really like what Suhail has done so far. He’s lurked in the shadows while Kohn is consolidating the company, trimming the fat, making Playboy profitable, and aiming the ship at modern growing markets.
https://www.reuters.com/article/us-twitter-ipo-rizvi-insight/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo-idUSBRE9920VW20131003
Ben “The Bridge” Kohn is an interesting guy. He’s the connection between Rizvi Traverse and Playboy. He’s both CEO of Playboy and was previously Managing Partner at Rizvi Traverse. Ben seems to be the voice of the Playboy-Rizvi partnership, which makes sense with Suhail’s privacy concerns. Kohn said this:
“Today is a very big day for all of us at Playboy and for all our partners globally. I stepped into the CEO role at Playboy in 2017 because I saw the biggest opportunity of my career. Playboy is a brand and platform that could not be replicated today. It has massive global reach, with more than $3B of global consumer spend and products sold in over 180 countries. Our mission – to create a culture where all people can pursue pleasure – is rooted in our 67-year history and creates a clear focus for our business and role we play in people’s lives, providing them with the products, services and experiences that create a lifestyle of pleasure. We are taking this step into the public markets because the committed capital will enable us to accelerate our product development and go-to-market strategies and to more rapidly build our direct to consumer capabilities,” said Ben Kohn, CEO of Playboy.
“Playboy today is a highly profitable commerce business with a total addressable market projected in the trillions of dollars,” Mr. Kohn continued, “We are actively selling into the Sexual Wellness consumer category, projected to be approximately $400 billion in size by 2024, where our recently launched intimacy products have rolled out to more than 10,000 stores at major US retailers in the United States. Combined with our owned & operated ecommerce Sexual Wellness initiatives, the category will contribute more than 40% of our revenue this year. In our Apparel and Beauty categories, our collaborations with high-end fashion brands including Missguided and PacSun are projected to achieve over $50M in retail sales across the US and UK this year, our leading men’s apparel lines in China expanded to nearly 2500 brick and mortar stores and almost 1000 digital stores, and our new men’s and women’s fragrance line recently launched in Europe. In Gaming, our casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth. Our product strategy is informed by years of consumer data as we actively expand from a purely licensing model into owning and operating key high-growth product lines focused on driving profitability and consumer lifetime value. We are thrilled about the future of Playboy. Our foundation has been set to drive further growth and margin, and with the committed capital from this transaction and our more than $180M in NOLs, we will take advantage of the opportunity in front of us, building to our goal of $100M of adjusted EBITDA in 2025.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
Also, according to their Form 4s, “Big” Dong Liu and “lil” Suying Liu just loaded up with shares last week. These guys are brothers and seem like the Chinese market connection. They are only 32 & 35 years old. I don’t even know what that means, but it's provocative.
https://www.secform4.com/insider-trading/1832415.htm
https://finance.yahoo.com/news/mountain-crest-acquisition-corp-ii-002600994.html
Y’all like that China money?
“Mr. Liu has been the Chief Financial Officer of Dongguan Zhishang Photoelectric Technology Co., Ltd., a regional designer, manufacturer and distributor of LED lights serving commercial customers throughout Southern China since November 2016, at which time he led a syndicate of investments into the firm. Mr. Liu has since overseen the financials of Dongguan Zhishang as well as provided strategic guidance to its board of directors, advising on operational efficiency and cash flow performance. From March 2010 to October 2016, Mr. Liu was the Head of Finance at Feidiao Electrical Group Co., Ltd., a leading Chinese manufacturer of electrical outlets headquartered in Shanghai and with businesses in the greater China region as well as Europe.”
Dr. Suying Liu, Chairman and Chief Executive Officer of Mountain Crest Acquisition Corp., commented, “Playboy is a unique and compelling investment opportunity, with one of the world’s largest and most recognized brands, its proven consumer affinity and spend, and its enormous future growth potential in its four product segments and new and existing geographic regions. I am thrilled to be partnering with Ben and his exceptional team to bring his vision to fruition.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
These guys are good. They have a proven track record of success across multiple industries. Connections and money run deep with all of these guys. I don’t think they’re in the game to lose.
I was going to write a couple more paragraphs about why you should have a look at this but really the best thing you can do is read this SEC filing from a couple days ago. It explains the situation in far better detail. Specifically, look to page 137 and read through their strategy. Also, look at their ownership percentages and compensation plans including the stock options and their prices. The financials look great, revenue is up 90% Q3, and it looks like a bright future.
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
I’m hesitant to attach this because his position seems short term, but I’m going to with a warning because he does hit on some good points (two are below his link) and he’s got a sizable position in this thing (500k+ on margin, I think). I don’t know this guy but he did look at the same publicly available info and make roughly the same prediction, albeit without the in depth gambling or cannabis mention. You can also search reddit for ‘MCAC’ and very few relevant results come up and none of them even come close to really looking at this thing.
https://docs.google.com/document/d/1gOvAd6lebs452hFlWWbxVjQ3VMsjGBkbJeXRwDwIJfM/edit?usp=sharing
“Also, before you people start making claims that Playboy is a “boomer” company, STOP RIGHT THERE. This is not a good argument. Simply put. The only thing that matters is Playboy’s name recognition, not their archaic business model which doesn’t even exist anymore as they have completely repurposed their business.”
“Imagine not buying $MCAC at a 400M valuation lol. Streetwear department is worth 1B alone imo.”
Considering the ridiculous Chinese growth as a lifestyle brand, he’s not wrong.
Current Cultural Significance and Meme Value: A year ago I wouldn’t have included this section but the events from the last several weeks (even going back to tsla) have proven that a company’s ability to meme and/or gain social network popularity can have an effect. Tik-tok, Snapchat, Twitch, Reddit, Youtube, Facebook, Twitter. They all have Playboy stuff on them. Kids in middle and highschool know what Playboy is but will likely never see or touch one of the magazines in person. They’ll have a Playboy hoodie though. Crazy huh? A lot like GME, PLBY would hugely benefit from meme-value stock interest to drive engagement towards their new business model while also building strategic coffers. This interest may not directly and/or significantly move the stock price but can generate significant interest from larger players who will.
Bull Case: The year is 2025. Playboy is now the world leader pleasure brand. They began by offering Playboy licensed gaming products, including gambling products, direct to consumers through existing names. By 2022, demand has skyrocketed and Playboy has designed and released their own gambling platforms. In 2025, they are also a leading cannabis brand in the United States and Canada with proprietary strains and products geared towards sexual wellness. Cannabis was legalized in the US in 2023 when President Biden got glaucoma but had success with cannabis treatment. He personally pushes for cannabis legalization as he steps out of office after his first term. Playboy has also grown their brand in China and India to multi-billion per year markets. The stock goes up from 11ish to 100ish and everyone makes big gains buying somewhere along the way.
Bear Case: The United States does a complete 180 on marijuana and gambling. President Biden overdoses on marijuana in the Lincoln bedroom when his FDs go tits up and he loses a ton of money in his sports book app after the Fighting Blue Hens narrowly lose the National Championship to Bama. Playboy is unable to expand their cannabis and gambling brands but still does well with their worldwide lifestyle brand. They gain and lose some interest in China and India but the markets are too large to ignore them completely. The stock goes up from 11ish to 13ish and everyone makes 15-20% gains.
TL;DR: Successful technology/e-commerce investment firm took over Playboy to turn it into a porn, online gambling/gaming, sports book, cannabis company, worldwide lifestyle brand that promotes sexual wellness, vetern access, women-ownership, minority-ownership, and “pleasure for all”. Does a successful online team reinventing an antiquated physical copy giant sound familiar? No options yet, shares only for now. $11.38 per share at time of writing. My guess? $20 by the end of February. $50 by EOY. This is not financial advice. I am not qualified to give financial advice. I’m just sayin’ I would personally use a Playboy sports book app while smoking a Playboy strain specific joint and it would be cool if they did that. Do your own research. You’d probably want to start here:
WARNING - POTENTIALLY NSFW - SEXY MODELS AHEAD - no actual nudity though
https://s26.q4cdn.com/895475556/files/doc_presentations/Playboy-Craig-Hallum-Conference-Investor-Presentation-11_17_20-compressed.pdf
Or here:
https://www.mcacquisition.com/investor-relations/default.aspx
Jimmy Chill: “Get into any SPAC at $10 or $11 and you are going to make money.”
STL;DR: Buy MCAC. MCAC > PLBY couple weeks. Rocketship. Moon.
Position: 5000 shares. I will buy short, medium, and long-dated calls once available.

$CATV - New CEO, Patents, Acquisitions, Multiple Revenue-Generating Businesses, Fully Integrated CBD Chain
4Cable TV International, Inc. (OTC: CATV) is determined to become a fully integrated Global CBD/Hemp business from seed to sale. Farming is where it all starts, and distribution is where it all goes. Today 4Cable TV, International, Inc. moves one of its chess pieces by announcing it is acquiring CIGN, LLC. As a result of the acquisition, revenues for 2021 are expected to be in the millions of dollars.
$CATV will be OTC PINK Soon
https://www.otcmarkets.com/stock/CATV/news/story?e&id=1797202
https://drive.google.com/file/d/1TL6i6MHPtnMQCKcAZ9BgYTMxQNI5LWRF/view
Company Website:
http://www.4cabletvint.com/#home
Company Email
[email protected]
NEW CEO Since Dec 18th 2020
Michael Feldenkrais
https://youtu.be/ArFs-b0ww_Y
https://www.linkedin.com/in/michaelfeldenkraislawyer
His largest accomplishment came when he organized several mergers and acquisitions with a Canadian publicly traded company Amaya Gaming that resulted in the increase of its market cap from 50 million dollars to 4.9 billion dollars in less than 2 years.
Amaya Gaming In Deal To Buy PokerStars For $4.9 Billion
One of the most high-stakes, controversial and intriguing business stories in the history of the modern gambling industry is heading toward its conclusion. PokerStars, the world’s biggest online poker company, has agreed to sell itself for $4.9 billion to Amaya Gaming, a small publicly-traded Canadian supplier of gambling equipment.
https://www.forbes.com/sites/nathanvardi/2014/06/12/amaya-gaming-in-deal-to-buy-pokerstars-for-4-9-billion/?sh=3286a4104469
Experience: Over 20 Years of Professional Experience:
Michael, is a well recognized attorney that has appeared on all major Spanish and English television networks. Michael manages a successful media, lead generation, gaming and marketing portfolio.
CANNABIS
In this video below Michael Feldenkrais is talking about how excited he is to start growing the plants and the business.
https://thefloridachannel.org/videos/capitol-update-extended-hemp-applications-open/
In the Cannabis space, Mr. Feldenkrais has been very active for the last 6 years from intellectual property, cultivation, manufacturing, distribution, and retail. (Seed to Sale). Starting his Cannabis career, he focused on acquiring intellectual property in Israel to deploying such in the United States, Central and South America, and the Caribbean. In recent years he built a franchise company to open 22 Medical Clinics recommending the use of Cannabis and sold a total of 50 franchised locations in less than one year.
He then concentrated his efforts in cultivating Cannabis in Florida out of a state-of-the-art Cravo greenhouse in Homestead for commercial and research purposes under the auspices of the University of Florida.
Entrepreneur:
Early in his career, he built two of the largest Prepaid Cellular Phone Card distribution companies in Colombia and Venezuela, wherein he deployed a distribution model using informal workers and converting them into main-stream employees giving jobs to over 14,500 people.
Media and Corporate Related Experience:
In 2008 he developed a success based marketing system. He has proven expertise in the operations, management and procedure implementation of media campaigns, lead generation software, and lead analytics. He expanded the companies business into the gaming category closing transactions in the hundreds of millions of dollars.
The company has relationships with television production companies, casino companies, motion pictures companies and more. Using Success Based Marketing, he guided the company and all its aspects from creating the proprietary lead software, harnessing lead analytic's for re-marketing, to purchasing media for lead creation, and to the creative production of the media campaigns that would generate the most response for the money spent.
Lawyer Experience:
Respected and trusted television spokesperson. All the major television stations have contacted Michael to speak on legal issues. He has appeared regularly in television and radio, both nationally and internationally as both a consultant and a host. Has produced several television shows and has appeared regularly on TV stations like Univision, NBC, and Telemundo.
https://www.floridabar.org/directories/find-mbprofile/?num=991708
Specialties: Business Development and Management / Media Production and Distribution / Mergers and Acquisitions / Corporate, International, and Immigration Law
Since he has been CEO of $CATV

1. Has acquired 3 new revenue producing companies in 3 weeks. Health Care and Wellness Clinics of America, LLC ("HCWCOA"), and Corporation Clinic, LLC ("Corporation Clinic") Chai MD, Hip n Chai and Get Medicated.

https://hip4all.com
http://www.hipnchai.com
https://www.canitindustries.com
http://www.getmedicated.com

1. LOI for CIGN a 4th revenue producing company (He is already CEO of CIGN) They're finalizing the acquisition of CIGN Farms in FL. They grow and distribute hemp and hemp seeds for CBD products, etc.

http://canitgrow.com
https://instagram.com/cignfarm?igshid=1oyaudokoq0d1

1. Hired Karma Snack Agency as marketing firm.

https://karmasnack.com
https://www.corporationwiki.com/Florida/Miami/karma-snack-llc/27468595.aspx

1. Jan 8th PR saying Filings Imminent and are excited to announce that it is estimating the filing of its financial statement and disclosures in the coming weeks..

https://www.prnewswire.com/news-releases/4cable-tv-international-inc-announces-certain-incoming-financials-filings-are-imminent-301203235.html
Our New CEO Comes Packing ”Trademarks”
Facial skin care preparations infused with hemp, namely, makeup and eye makeup removers, facial cleansers, facial scrubs… Owned by: Michael Feldenkrais Serial Number: 86843184
https://trademarks.justia.com/868/43/hip-86843184.html
PRESS RELEASES
February 3, 2021
Media company 4CableTV International Inc (OTC:CATV) has qualified for Pink Current Information status on OTCMarkets.com. To be eligible, 4Cable must subscribe to the OTC Disclosure & News Service and submit its disclosures in accordance with OTC Market filings and OTC Markets' Pink Basic Disclosure Guidelines. 4Cable was unable to file before renewing its OTC registration or status. Once the reinstatement is completed, the company will submit its disclosures. Its financial reports will be reachable on the company’s website once it’s back and running, which should be around February 5, 2021
Source: https://www.google.com/amp/s/amp.benzinga.com/amp/content/19469425
January 29, 2021
4Cable TV International, Inc. (OTC: CATV) (the "Company") announces today that it hired Karma Snack Agency as their Marketing Firm. While working diligently on the accounting to file and be current, the company is working hard to ensure revenues for the company grow exponentially.
Source: https://www.prnewswire.com/news-releases/4cable-tv-international-signs-deal-with-karma-snack-agency-as-their-marketing-firm-301218096.html
January 19, 2021
First, the company has hired Mark Slaugh. Mark Slaugh is the CEO and founder of iComply; the oldest Cannabis Compliance Company in the United States. The second hire is Arthur A. Estopinan, a veteran player in the United States House of Representatives. Effective January 25, 2021 both individuals begin working for the company assisting 4Cable TV International to vet out the Mergers and Acquisitions and assist in the process of growing the company globally in the Cannabis Industry.
Source: https://www.prnewswire.com/news-releases/4cable-tv-international-announces-the-hiring-of-two-board-of-advisors-301210558.html
Mark Slaugh
https://www.linkedin.com/in/mark-slaugh-26713221
https://mogreenway.com/2020/12/21/qa-with-mark-slaugh/
Mark Slaugh was on the board of directors for icomply
https://icomplycannabis.com
Arthur A. Estopinan
https://www.linkedin.com/in/art-estopinan-61359139
http://hispanicpolicygroup.com/arthur-a-estopinan/
January 8, 2021
4Cable TV International, Inc. (OTC: CATV) (the "Company") is excited to announce that it is estimating the filing of its financial statement and disclosures in the coming weeks. Working diligently with the accounting department, the company strives to provide true transparency to shareholders.
Source: https://www.prnewswire.com/news-releases/4cable-tv-international-inc-announces-certain-incoming-financials-filings-are-imminent-301203235.html
January 4, 2021
4Cable TV International, Inc. (OTC: CATV) (the "Company") announced today that it completed the acquisition of several companies devoted to support a global CBD services and products company. Effective December 31, 2020, the Company acquired 100% of the equity interests of each of Health Care and Wellness Clinics of America, LLC ("HCWCOA"), and Corporation Clinic, LLC ("Corporation Clinic")
Source: https://www.prnewswire.com/news-releases/4cable-tv-international-inc-announces-acquisition-of-healthcare-and-wellness-clinics-of-america-llc-and-corporation-clinic-llc-as-the-retail-arms-and-distribution-of-cbd-based-products-301200032.html
December 28, 2020
A group oriented to become a leader in CBD based products markets, today announced they have signed a Letter of Intent (the "LOI") devoted to join forces to control one of the first steps in becoming an integrated hemp company. Signatories to the letter of intent include CIGN, LLC, and 4Cable TV International, Inc. (OTC: CATV). 4Cable will take over to operate as the agricultural grower of hemp. This is the first step in the chain for CBD based products to be manufactured by 4Cable TV International, Inc., through its future subsidiaries, which are expected to join the group in any foreseeable future, and function as a global company in the CBD business. The letter signals the intention of the signatories to use their best efforts to work together in establishing an appealing group of business units that will accomplish the expectation of a fast-growing market.
Source: https://www.prnewswire.com/news-releases/4cable-tv-international-inc-signs-letter-of-intent-to-acquire-cign-llc-to-grow-hemp-301198599.html
December 11, 2020
Jeff Wildermuth, CEO of 4Cable TV International, Inc. (OTC PINK: CATV) announced today that the Company is in the process of finalizing the details in regards to the forward acquisition of a CBD and Hemp Company. The name of the acquired company will be revealed upon final consummation of the deal.
In preparation for the transition, the Company has accepted the resignation of current CEO Jeff Wildermuth, and has appointed Michael Feldenkrais as the new CEO and President of the Company.
Source: https://www.prnewswire.com/news-releases/4cable-tv-international-inc-announces-new-ceo-and-near-completion-of-acquisition-of-cbd--hemp-company-301191242.html
October 22, 2020
PORT ST. LUCIE, Fla., Oct. 22, 2020 /PRNewswire/ -- Jeff Wildermuth, CEO of 4Cable TV International, Inc. (OTC PINK: CATV) announced today that the Company has no plans to reverse its stock. This announcement is in response to the several inquiries that he has received regarding this issue
Source: https://www.prnewswire.com/news-releases/4cable-tv-international-inc-announces-that-it-is-not-planning-on-reversing-the-common-stock-301157977.html
October 19, 2020
The Company is also still exploring a forward acquisition of a Medical Marijuana and Hemp Company. As was recently announced, Company is still considering two different CBD companies and expects to make its final decision in the upcoming weeks.
Source: https://marketwirenews.com/news-releases/4cable-tv-international-inc-announces-that-it-is-exp-6718975385344526.html

$CATV - New CEO, Patents, Acquisitions, Multiple Revenue-Generating Businesses, Fully Integrated CBD Chain
4Cable TV International, Inc. (OTC: CATV) is determined to become a fully integrated Global CBD/Hemp business from seed to sale. Farming is where it all starts, and distribution is where it all goes. Today 4Cable TV, International, Inc. moves one of its chess pieces by announcing it is acquiring CIGN, LLC. As a result of the acquisition, revenues for 2021 are expected to be in the millions of dollars.
$CATV will be OTC PINK Soon
https://www.otcmarkets.com/stock/CATV/news/story?e&id=1797202
Company Website:
http://www.hcwcoa.com
NEW CEO Since Dec 18th 2020
Michael Feldenkrais
https://www.linkedin.com/in/michaelfeldenkraislawyer
Amaya Gaming In Deal To Buy PokerStars For $4.9 Billion
His largest accomplishment came when he organized several mergers and acquisitions with a Canadian publicly traded company Amaya Gaming that resulted in the increase of its market cap from 50 million dollars to 4.9 billion dollars in less than 2 years.
One of the most high-stakes, controversial and intriguing business stories in the history of the modern gambling industry is heading toward its conclusion. PokerStars, the world’s biggest online poker company, has agreed to sell itself for $4.9 billion to Amaya Gaming, a small publicly-traded Canadian supplier of gambling equipment.
https://www.forbes.com/sites/nathanvardi/2014/06/12/amaya-gaming-in-deal-to-buy-pokerstars-for-4-9-billion/?sh=3286a4104469
Experience: Over 20 Years of Professional Experience:
Michael, is a well recognized attorney that has appeared on all major Spanish and English television networks. Michael manages a successful media, lead generation, gaming and marketing portfolio.
CANNABIS
In this video below Michael Feldenkrais is talking about how excited he is to start growing the plants and the business.
https://thefloridachannel.org/videos/capitol-update-extended-hemp-applications-open/
In the Cannabis space, Mr. Feldenkrais has been very active for the last 6 years from intellectual property, cultivation, manufacturing, distribution, and retail. (Seed to Sale). Starting his Cannabis career, he focused on acquiring intellectual property in Israel to deploying such in the United States, Central and South America, and the Caribbean. In recent years he built a franchise company to open 22 Medical Clinics recommending the use of Cannabis and sold a total of 50 franchised locations in less than one year.
He then concentrated his efforts in cultivating Cannabis in Florida out of a state-of-the-art Cravo greenhouse in Homestead for commercial and research purposes under the auspices of the University of Florida.
Entrepreneur:
Early in his career, he built two of the largest Prepaid Cellular Phone Card distribution companies in Colombia and Venezuela, wherein he deployed a distribution model using informal workers and converting them into main-stream employees giving jobs to over 14,500 people.
Media and Corporate Related Experience:
In 2008 he developed a success based marketing system. He has proven expertise in the operations, management and procedure implementation of media campaigns, lead generation software, and lead analytics. He expanded the companies business into the gaming category closing transactions in the hundreds of millions of dollars.
The company has relationships with television production companies, casino companies, motion pictures companies and more. Using Success Based Marketing, he guided the company and all its aspects from creating the proprietary lead software, harnessing lead analytic's for re-marketing, to purchasing media for lead creation, and to the creative production of the media campaigns that would generate the most response for the money spent.
Lawyer Experience:
Respected and trusted television spokesperson. All the major television stations have contacted Michael to speak on legal issues. He has appeared regularly in television and radio, both nationally and internationally as both a consultant and a host. Has produced several television shows and has appeared regularly on TV stations like Univision, NBC, and Telemundo.
https://www.floridabar.org/directories/find-mbprofile/?num=991708
Specialties: Business Development and Management / Media Production and Distribution / Mergers and Acquisitions / Corporate, International, and Immigration Law
Since he has been CEO of $CATV

1. Has acquired 3 new revenue producing companies in 3 weeks. Health Care and Wellness Clinics of America, LLC ("HCWCOA"), and Corporation Clinic, LLC ("Corporation Clinic") Chai MD, Hip n Chai & Get Medicated.

https://hip4all.com
http://www.hipnchai.com
https://www.canitindustries.com
http://www.getmedicated.com

1. LOI for CIGN a 4th revenue producing company (He is already CEO of CIGN) They're finalizing the acquisition of CIGN Farms in FL. They grow and distribute hemp and hemp seeds for CBD products, etc.

http://canitgrow.com
https://instagram.com/cignfarm?igshid=1oyaudokoq0d1

1. Hired Karma Snack Agency as marketing firm.

https://karmasnack.com
https://www.corporationwiki.com/Florida/Miami/karma-snack-llc/27468595.aspx

1. Jan 8th PR saying Filings Imminent and are excited to announce that it is estimating the filing of its financial statement and disclosures in the coming weeks..

https://www.prnewswire.com/news-releases/4cable-tv-international-inc-announces-certain-incoming-financials-filings-are-imminent-301203235.html
Additional DD Our New CEO Comes Packing ”Trademarks”
Facial skin care preparations infused with hemp, namely, makeup and eye makeup removers, facial cleansers, facial scrubs… Owned by: Michael Feldenkrais Serial Number: 86843184
https://trademarks.justia.com/868/43/hip-86843184.html
PRESS RELEASES
February 3, 2021
Media company 4CableTV International Inc (OTC:CATV) has qualified for Pink Current Information status on OTCMarkets.com. To be eligible, 4Cable must subscribe to the OTC Disclosure & News Service and submit its disclosures in accordance with OTC Market filings and OTC Markets' Pink Basic Disclosure Guidelines. 4Cable was unable to file before renewing its OTC registration or status. Once the reinstatement is completed, the company will submit its disclosures. Its financial reports will be reachable on the company’s website once it’s back and running, which should be around February 5, 2021
Source: https://www.google.com/amp/s/amp.benzinga.com/amp/content/19469425
January 29, 2021
4Cable TV International, Inc. (OTC: CATV) (the "Company") announces today that it hired Karma Snack Agency as their Marketing Firm. While working diligently on the accounting to file and be current, the company is working hard to ensure revenues for the company grow exponentially.
Source: https://www.prnewswire.com/news-releases/4cable-tv-international-signs-deal-with-karma-snack-agency-as-their-marketing-firm-301218096.html
January 19, 2021
First, the company has hired Mark Slaugh. Mark Slaugh is the CEO and founder of iComply; the oldest Cannabis Compliance Company in the United States. The second hire is Arthur A. Estopinan, a veteran player in the United States House of Representatives. Effective January 25, 2021 both individuals begin working for the company assisting 4Cable TV International to vet out the Mergers and Acquisitions and assist in the process of growing the company globally in the Cannabis Industry.
Source: https://www.prnewswire.com/news-releases/4cable-tv-international-announces-the-hiring-of-two-board-of-advisors-301210558.html
Mark Slaugh
https://www.linkedin.com/in/mark-slaugh-26713221
https://mogreenway.com/2020/12/21/qa-with-mark-slaugh/
Arthur A. Estopinan
https://www.linkedin.com/in/art-estopinan-61359139
http://hispanicpolicygroup.com/arthur-a-estopinan/
January 8, 2021
4Cable TV International, Inc. (OTC: CATV) (the "Company") is excited to announce that it is estimating the filing of its financial statement and disclosures in the coming weeks. Working diligently with the accounting department, the company strives to provide true transparency to shareholders.
Source: https://www.prnewswire.com/news-releases/4cable-tv-international-inc-announces-certain-incoming-financials-filings-are-imminent-301203235.html
January 4, 2021
4Cable TV International, Inc. (OTC: CATV) (the "Company") announced today that it completed the acquisition of several companies devoted to support a global CBD services and products company. Effective December 31, 2020, the Company acquired 100% of the equity interests of each of Health Care and Wellness Clinics of America, LLC ("HCWCOA"), and Corporation Clinic, LLC ("Corporation Clinic")
Source: https://www.prnewswire.com/news-releases/4cable-tv-international-inc-announces-acquisition-of-healthcare-and-wellness-clinics-of-america-llc-and-corporation-clinic-llc-as-the-retail-arms-and-distribution-of-cbd-based-products-301200032.html
December 28, 2020
A group oriented to become a leader in CBD based products markets, today announced they have signed a Letter of Intent (the "LOI") devoted to join forces to control one of the first steps in becoming an integrated hemp company. Signatories to the letter of intent include CIGN, LLC, and 4Cable TV International, Inc. (OTC: CATV). 4Cable will take over to operate as the agricultural grower of hemp. This is the first step in the chain for CBD based products to be manufactured by 4Cable TV International, Inc., through its future subsidiaries, which are expected to join the group in any foreseeable future, and function as a global company in the CBD business. The letter signals the intention of the signatories to use their best efforts to work together in establishing an appealing group of business units that will accomplish the expectation of a fast-growing market.
Source: https://www.prnewswire.com/news-releases/4cable-tv-international-inc-signs-letter-of-intent-to-acquire-cign-llc-to-grow-hemp-301198599.html
December 11, 2020
Jeff Wildermuth, CEO of 4Cable TV International, Inc. (OTC PINK: CATV) announced today that the Company is in the process of finalizing the details in regards to the forward acquisition of a CBD and Hemp Company. The name of the acquired company will be revealed upon final consummation of the deal.
In preparation for the transition, the Company has accepted the resignation of current CEO Jeff Wildermuth, and has appointed Michael Feldenkrais as the new CEO and President of the Company.
Source: https://www.prnewswire.com/news-releases/4cable-tv-international-inc-announces-new-ceo-and-near-completion-of-acquisition-of-cbd--hemp-company-301191242.html
October 19, 2020
The Company is also still exploring a forward acquisition of a Medical Marijuana and Hemp Company. As was recently announced, Company is still considering two different CBD companies and expects to make its final decision in the upcoming weeks.
Source: https://marketwirenews.com/news-releases/4cable-tv-international-inc-announces-that-it-is-exp-6718975385344526.html

They're finalizing the acquisition of CIGN Farms in FL. They grow and distribute hemp and hemp seeds for CBD products, etc. Seems like a good buy at this point (.0075 at time of posting) with some promising news and catalysts coming up.
From a summary c/o iHub user Calvin Hobbes:
$CATV Summary
Michael Feldenkrais NEW CEO Of public trading company $CATV accomplished this
His largest accomplishment came when he organized several mergers and acquisitions with a Canadian publicly traded company Amaya Gaming that resulted in the increase of its market cap from 50 million dollars to 4.9 billion dollars in less than 2 years.
https://www.forbes.com/sites/nathanvardi/2014/06/12/amaya-gaming-in-deal-to-buy-pokerstars-for-4-9-billion/?sh=3286a4104469
Amaya Gaming In Deal To Buy PokerStars For $4.9 Billion
One of the most high-stakes, controversial and intriguing business stories in the history of the modern gambling industry is heading toward its conclusion. PokerStars, the world’s biggest online poker company, has agreed to sell itself for $4.9 billion to Amaya Gaming, a small publicly-traded Canadian supplier of gambling equipment.
NEW CEO Since Dec 18th 2020
Since he has been CEO of $CATV https://www.otcmarkets.com/stock/CATV/news/story?e&id=1770145

1. Has acquired 3 new revenue producing companies in 3 weeks.
2. LOI for CIGN a 4th revenue producing company (He is already CEO of CIGN)
3. Jan 8th PR saying Filings Imminent and are excited to announce that it is estimating the filing of its financial statement and disclosures in the coming weeks.. (He is a lawyer)

4Cable TV International, Inc. (OTC: CATV) is determined to become a fully integrated Global CBD/Hemp business from seed to sale. Farming is where it all starts, and distribution is where it all goes. Today 4Cable TV, International, Inc. moves one of its chess pieces by announcing it is acquiring CIGN, LLC. As a result of the acquisition, revenues for 2021 are expected to be in the millions of dollars.
Experience: Over 20 Years of Professional Experience:
Michael, is a well recognized attorney that has appeared on all major Spanish and English television networks. Michael manages a successful media, lead generation, gaming and marketing portfolio.
CANNABIS
In the Cannabis space, Mr. Feldenkrais has been very active for the last 6 years from intellectual property, cultivation, manufacturing, distribution, and retail. (Seed to Sale). Starting his Cannabis career, he focused on acquiring intellectual property in Israel to deploying such in the United States, Central and South America, and the Caribbean. In recent years he built a franchise company to open 22 Medical Clinics recommending the use of Cannabis and sold a total of 50 franchised locations in less than one year.
He then concentrated his efforts in cultivating Cannabis in Florida out of a state-of-the-art Cravo greenhouse in Homestead for commercial and research purposes under the auspices of the University of Florida.
ENTREPRENEUR
Early in his career, he built two of the largest Prepaid Cellular Phone Card distribution companies in Colombia and Venezuela, wherein he deployed a distribution model using informal workers and converting them into main-stream employees giving jobs to over 14,500 people.
Media and Corporate Related Experience: In 2008 he developed a success based marketing system. He has proven expertise in the operations, management and procedure implementation of media campaigns, lead generation software, and lead analytics. He expanded the companies business into the gaming category closing transactions in the hundreds of millions of dollars.
The company has relationships with television production companies, casino companies, motion pictures companies and more. Using Success Based Marketing, he guided the company and all its aspects from creating the proprietary lead software, harnessing lead analytic's for re-marketing, to purchasing media for lead creation, and to the creative production of the media campaigns that would generate the most response for the money spent.
Lawyer Experience: Respected and trusted television spokesperson. All the major television stations have contacted Michael to speak on legal issues. He has appeared regularly in television and radio, both nationally and internationally as both a consultant and a host. Has produced several television shows and has appeared regularly on TV stations like Univision, NBC, and Telemundo.
In 1998, Michael working closely with Congress was instrumental in the writing of a new law known as "NACARA" Nicaraguan and Central American Relief Act. The law grants an immigration remedy to more than 500,000 immigrants.
Specialties: Business Development and Management / Media Production and Distribution / Mergers and Acquisitions / Corporate, International, and Immigration Law
More:$CATV Our New CEO Comes Packing Trademarks
Facial skin care preparations infused with hemp, namely, makeup and eye makeup removers, facial cleansers, facial scrubs… Owned by: Michael Feldenkrais Serial Number: 86843184 https://trademarks.justia.com/868/43/hip-86843184.html
Dec. 18/2020 UPDATE
Port St. Lucie, FL -- December 18, 2020 -- InvestorsHub NewsWire -- 4CABLE TV International, Inc. ("4CABLE TV INTERNATIONAL, INC." or the "Company") (OTC: CATV) last week we announced the hiring of a new CEO and President, Michael Feldenkrais. Mr. Feldenkrais' employment with 4CATV INTERNATIONAL, INC. has commenced. https://ih.advfn.com/p.php?pid=nmona&article=83941526
Dec. 11/2020 UPDATE4Cable TV International, Inc. Announces New CEO and Near Completion of Acquisition of CBD & Hemp CompanyPORT ST. LUCIE, Fla., Dec. 11, 2020 /PRNewswire/ -- Jeff Wildermuth, CEO of 4Cable TV International, Inc. (OTC PINK: CATV) announced today that the Company is in the process of finalizing the details in regards to the forward acquisition of a CBD and Hemp Company. The name of the acquired company will be revealed upon final consummation of the deal.In preparation for the transition, the Company has accepted the resignation of current CEO Jeff Wildermuth, and has appointed Michael Feldenkrais as the new CEO and President of the Company.

Hey Guys, so I thought I'd share this letter here so you can all spam the SEC on their policies and what brokerages can get away with now that there's so much attention on the market and activity. Feel free to adjust the letter and spam to [[email protected]](mailto:[email protected]) and put the subject as day trading rules. These are what I personally feel would help, but the main thing is we should have access to the market as we see fit:
Dear Commissioners of The SEC and Chairwoman Allison Herren Lee:
I will first provide the substance of the pattern day trader rule:
Anyone who buys and sells a particular security in the same trader day (day trades), and does this four or more times in any five consecutive business day period is considered a pattern day trader. A pattern day trader is subject to special rules. The main rule is that in order to engage in pattern day trading you must maintain an equity balance of at least $25,000 in a margin account. If you are flagged as a pattern day trader and do not maintain a balance of $25,000 your account will be frozen for 90 days.
As a citizen of the United States of America, I am petitioning for the repeal or amendment of the pattern day trader rule. The rule, which is designed to protect unsophisticated investors from the high risk of day trading, is instead increasing risk by limiting the number of stop positions one can take, driving traders to more volatile markets such as futures and forex where no pattern day trader rules exist, and driving traders into offshore brokerages who do not adhere to the SEC pattern day trader regulations.
Additionally, this regulation among others is contributing to a divide in this country on who can utilize and invest in the stock market. Due to this tension the gap between the lower, middle and upper classes continues to grow as Day Traders also can utilize technology and programs to automatically buy and sell shares to secure a profit. As Americans, we should have the right to purchase and sell on the market to allow it to grow so we may also profit as desired and re-invest this profit into our economy.
Most recently on the social media platform Reddit, users gathered on this forum together to purchase shares of GameStop Corp. (GME) and caused the price of shares to grow by 3700% which allowed users to secure a profit that they will invest in the economy. While I understand the basis for this rule, it does not protect investors anymore with the evolution of communication technology. As shown recently after gaining a profit, several applications that offer free trading were forced to remove Gamestop Corp(GME) and AMC Entertainment Holdings INC (AMC) and void all orders placed on the previous day. This further demonstrates that the market is not about providing investors the opportunity to grow their income by investing as multiple brokers have removed the Reddit Markets from their platform and have expressed dissatisfaction and seek to file a complaint with the SEC about users communicating on forums and purchasing shares or seeking legal action. As of now, if one user has thousands of followers and posts a stock symbol each user is free to decide if they will invest, similar to those with subscriptions to Yahoo Finance, The Motley Fool or a Bloomberg Subscription and their stock recommendations. The driving force behind this decision was to spite a hedge fund seeking to make a profit which furthers the evidence of the growing disparity between the lower, middle and upper classes.
Additionally, If I open an account on multiple brokers, the highest risk is opening a margin with an account which is what can drive an individual into debt. As of now, if I sought to gamble, I can seek out the nearest Casino or Casino Cruise in the State of Florida to secure a profit with any amount of money and there is no policy in place to prevent me aside from being over the age of 18 and nor should there be. As I have worked to earn the money, I should have the right to spend or invest the money as I see fit without restriction.
I propose the following actions to fix the problems with the current disparities in the market caused by NASD Rule 2520, create a truly fair market and address the risk to investors on the stock market.
1) Repeal Rule 2520 and allow all traders to day-trade online and if platforms offer a program for automatically trading or application programming interface (API), they must fill out a form acknowledging they understand the risks they are taking.
2) Create new federal guidelines for Margins to be treated like a credit line where rather than based on leverage such as 1:10 it will be a fixed line of credit in the account minimizing the risk determined by the financial institution and based on creditworthiness.
3) Institute a policy where brokerages cannot restrict the sale of any stock without first filing a notice to the SEC and allowing the Trade day to close and 2 business days to elapse and must publicly provide justification for removal from the market.
I thank you for the time to review my email and hope you’ll consider the aforementioned actions, as this would be in the best interest of truly having a fair market while protecting our citizens and allowing them the opportunity to invest at their discretion.
Thank You, (Insert Name Here)

Team has been involved in a substantial number of the digital media, sports, entertainment, leisure and gaming industries’ most significant merger and acquisition transactions, holding key positions at, and transacting with Scientific Games Corp, Inspired Gaming Group, FOX Bets, Ocean Casino Resort, Resorts International Holdings, PokerStars, DraftKings, Mohegan Sun, Caesars Entertainment Corporation, Harrah’s Entertainment, Tropicana Entertainment, Inc., TSG/Sky Betting & Gaming, Facebook, Inc, Wynn Resorts, Dubai World/MGM Resorts
Here's all the Bios. These guys are stellar! TEKK closed at $10.30 today. Still cheap!
If you don't like to read... you don't like to make money!!!!
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Matthew Davey — Chief Executive Officer and Director
Mr. Davey has over 25 years of experience within the digital media, sports, entertainment, leisure and gaming ecosystems, as well as experience in the public sector. He is an experienced public company executive officer and board member. He has served in executive management positions across the gaming technology arena. Over the course of Mr. Davey’s career, he oversaw more than ten mergers and acquisitions and over $1.2 billion in debt and equity capital raised to support the companies he has led.
Most recently, Mr. Davey was Chief Executive Officer of SG Digital, the Digital Division of Scientific Games Corp. (“Scientific Games”) (Nasdaq: SGMS). SG Digital was established following the purchase by Scientific Games of NYX Gaming Group Limited (“NYX”) (formerly TSXV: NYX), where Mr. Davey served as Chief Executive Officer and Director. The NYX acquisition provided Scientific Games with a vehicle to significantly accelerate the scale and breadth of its existing digital gaming business, including the strategic expansion into sports betting. In his capacity as Chief Executive Officer of NYX, Mr. Davey developed and implemented a corporate strategy that generated strong revenue growth. Mr. Davey shaped company strategy to focus on digital gaming supplier platforms and content that provided various gaming operators with the underlying gaming and sports betting systems for their online gaming business. In 2014, Mr. Davey oversaw the initial public offering of NYX, and his experience in the digital media, sports, entertainment, leisure and gaming industries helped NYX recognize momentum as a public company. After the public offering, from 2014 to 2018, Mr. Davey oversaw seven acquisitions which helped establish NYX as one of the fastest growing global B2B real-money digital gaming and sports betting platforms. These acquisitions included:
• OpenBet: In 2016, NYX completed the $385 million acquisition of OpenBet. This was one of the more complex and transformative acquisitions that Mr. Davey oversaw at NYX. Through securing co-investments from William Hill (LSE: WMH), Sky Betting & Gaming and The Stars Group (formerly Nasdaq: TSG, TSX: TSGI), Mr. Davey was able to get the acquisition from Vitruvian Partners completed successfully, winning the deal against much larger and well capitalized competitors. By combining two established and proven B2B betting and gaming suppliers, NYX was well positioned to provide customers with exciting player-driven solutions across all major product verticals and distribution channels. This allowed NYX to become the leading B2B omni-channel sportsbook platform in the market and the supplier to over 300 gaming operators globally with an extensive library of desktop and mobile game titles, including more than 700 on NYX platforms and more than 2,000 on the OpenBet platform.
• Cryptologic/Chartwell: In 2015, NYX completed the $119 million acquisition of Cryptologic and Chartwell. The acquisition provided NYX with more than 400 titles of additional leading gaming content, a broader customer base, and direct exposure to PokerStars and Intercasino, part of the Gamesys Group (LSE: GYS) — two of the world’s largest online casino offerings.
• OnGame: In 2014, NYX completed the distressed acquisition of OnGame, a premier poker content, platform and service provider. This acquisition provided NYX with one of the best poker products in the industry, access to several regulated jurisdictions, and a valuable talent pool that was instrumental in the growth of NYX. The addition of OnGame further established a path for NYX to continue its growth in both European and U.S. markets.
These acquisitions, together with meaningful organic growth, increased NYX’s revenue from $24 million in 2014 to $184 million annualized in 2017. During that time, Mr. Davey helped build NYX to have over 200 customers in the global gaming industry and a team of 1,000 employees. Mr. Davey’s success at NYX ultimately led to its sale to Scientific Games for $631 million in 2018.
Mr. Davey joined Next Gen Gaming, the predecessor to NYX, in 2000 as the Vice President of Technology, was appointed as Executive Director in 2003 and named Chief Executive Officer in 2005. Prior to that, he was the Senior Consultant for Access Systems, a company that specializes in the provision of back-end software for licensed online casinos. Prior to joining Access, Mr. Davey worked for the Northern Territory Government specializing in matters pertaining to the internet and e-commerce along with roles in the Department of Racing and Gaming. Mr. Davey received a Bachelor of Electrical & Electronic Engineering from Northern Territory University, Australia (also known as Charles Darwin University).
Robin Chhabra — President
Mr. Chhabra has been at the forefront of corporate acquisition activity within the digital gaming landscape for over a decade. His prior experience includes leading corporate strategy, M&A, and business development at two of the global leaders in the digital gaming industry, The Stars Group (“TSG”) and William Hill, and a leading supplier, Inspired Gaming Group (Nasdaq: INSE). Mr. Chhabra served on the Group Executive Committees of each of these companies. From 2017 to May 2020, Mr. Chhabra served as Chief Corporate Development Officer at TSG and, from 2019 to August 2020, he also served as the Chief Executive Officer of Fox Bet, a leading U.S. online gaming business which is the product of a landmark partnership between TSG and FOX Sports, a transaction which he led. During that period, Mr. Chhabra led several transactions which transformed TSG into the largest publicly listed online gambling operator in the world by both revenue and market capitalization and one of the most diversified from a product and geographic perspective with revenues of over $2.5 billion. Mr. Chhabra’s M&A experience is extensive and covers multiple global geographies across the digital gaming value chain and includes the following:
• TSG/Flutter Entertainment Merger: In 2019, Mr. Chhabra led the TSG M&A team that was responsible for TSG’s $12.2 billion merger with Flutter Entertainment (LSE: FLTR). The merger between TSG and Flutter Entertainment is the largest transaction in the digital gaming industry to date. The combination created the largest publicly listed online gaming company with approximately 13 million active customers and leading product offerings, which include sports betting, online casino, fantasy sports and poker. The combined entity includes some of the world’s most iconic digital gaming brands such as Fanduel, Fox Bet, Sky Bet, PaddyPower, Betfair, PokerStars and SportsBet. TSG/Flutter Entertainment is one of the most geographically diverse digital gaming and media companies with leading positions in the United States, United Kingdom, Australia, Ireland, Italy, Spain, Germany and Georgia.
• TSG/Sky Betting and Gaming (“SBG”): In 2018, Mr. Chhabra led the acquisition of SBG from CVC Capital Partners and Sky plc, Europe’s largest media company, in a transaction valued at $4.7 billion. At the time of the acquisition SBG was the largest mobile gambling operator in the United Kingdom and one of the fastest growing of the major operators having doubled its online market share in three years. The acquisition of SBG provided TSG with (a) greater revenue diversification, significantly enhanced expertise and exposure to sports betting just ahead of the judicial overturn of The Professional and Amateur Sports Protection Act of 1992 (PASPA) by the U.S. Supreme Court, (b) a leading position within the United Kingdom, the world’s largest regulated online gaming market, (c) improved products and technology as a result of the addition of SBG’s innovative casino and sports book offerings and a portfolio of popular mobile apps, and (d) expertise in deeply integrating sports betting with leading sports media companies, positioning TSG to create more engaging content, deliver faster growth and decrease customer acquisition costs.
• William Hill (LSE: WMH): At William Hill, from 2010 to 2017, Mr. Chhabra served as Group Director of Strategy and Corporate Development where he led several transactions which contributed to William Hill’s transformation from a land-based gambling operator in the United Kingdom to a leading online-led international business. Mr. Chhabra led William Hill’s entry into the U.S. sports betting and online lottery markets with the acquisition of four businesses, including the simultaneous acquisitions of three U.S. sportsbooks, Cal Neva, American Wagering and Brandywine Bookmaking, in 2011 for an aggregate purchase price of $55 million. These businesses ultimately led William Hill to achieve a leading position in the U.S. sports betting market with a market share of 24% in 2019. Additionally, Mr. Chhabra played a key role in structuring William Hill’s successful joint venture with PlayTech Plc (LSE: PTEC) in 2008. The combined entity created one of the largest online gambling businesses in Europe at the time of its formation and led to William Hill’s buyout of Playtech’s interest for $637 million in 2013. Prior to the transaction, William Hill had struggled in its attempt to establish a strong online gaming platform and a meaningful presence outside the United Kingdom.
Mr. Chhabra has also successfully completed four transactions worth over $1.2 billion in Australia, the world’s second largest regulated online gambling market, and various partnerships in Asia. Additionally, he completed several technology and media related transactions, including William Hill’s investment in NYX, where he worked with Mr. Davey on NYX’s transformational acquisition of OpenBet.
Prior to working in the gaming sector, Mr. Chhabra was an equities analyst and a management consultant. Mr. Chhabra received a Bachelor of Science in Economics from the London School of Economics and Political Science.
Eric Matejevich — Chief Financial Officer
Mr. Matejevich is a seasoned gaming executive with extensive experience in both the online gaming and traditional casino industries. From February to August 2019, he served as Trustee and Interim-Chief Executive Officer of Ocean Casino Resort (“Ocean”) (formerly Revel Casino, which had a construction cost of $2.4 billion) in Atlantic City, where he successfully led the management team through an ownership change and operational turnaround effort. Over the course of seven months, Mr. Matejevich managed to reduce the property’s weekly cash burn of $1.5 million to an annualized cash flow run rate in excess of $20 million.
Prior to Ocean, from 2016 to 2018, Mr. Matejevich served as the Chief Financial Officer of NYX. At NYX, he focused his efforts on integrating the company’s many acquisitions and multiple debt refinancings to simplify its capital structure and provided liquidity for growth initiatives. Additionally, Mr. Matejevich was instrumental to the executive team that sold NYX to Scientific Games for $631 million.
Prior to NYX, from 2004 to 2014, Mr. Matejevich was the Chief Financial Officer of Resorts International Holdings and later, from 2011, also the Chief Operating Officer of the Atlantic Club Casino, a property under the Resorts International Holdings umbrella — a Colony Capital (NYSE: CLNY) entity. As Chief Financial Officer, he provided managerial oversight for all finance functions for a six-property casino company with annual gaming revenue exceeding $1.3 billion, 10,000 gaming positions, 7,000 hotel rooms and over 11,000 staff members during his tenure. Mr. Matejevich led the transition effort to integrate a four-casino, $1.3 billion acquisition from Harrah’s Entertainment and Caesars Entertainment (Nasdaq: CZR). As Chief Operating Officer of Atlantic Club, he lobbied for and was successful in obtaining the first internet gaming legislation passed in the United States. The Atlantic Club was the sole New Jersey casino proponent of the legislation.
Prior to serving in various gaming positions, Mr. Matejevich was a Vice President of High Yield Research for Merrill Lynch, where he managed the corporate bond research effort for the gaming and leisure sectors and marketed high yield and other debt transactions totaling $4.8 billion. Mr. Matejevich received a Bachelor of Science in Economics from The Wharton School and a Bachelor of Arts in International Relations from The College of Arts and Sciences at the University of Pennsylvania.
Our Board of Directors
Morris Bailey — Chairman
Over the past 10 years, Mr. Bailey has been a leader in turning around Atlantic City, as well as being among the first gaming executives to embrace online gaming and sports betting in the United States. In his efforts, Mr. Bailey partnered with two of the largest digital gaming companies in the world, PokerStars, part of the Stars Group, and DraftKings (Nasdaq: DKNG). In 2010, Mr. Bailey bought Resorts Atlantic City (“Resorts”) and initiated a comprehensive renovation which allowed for the property to be rebranded and repositioned. In 2012, Mr. Bailey signed an agreement with Mohegan Sun to manage the day-to-day operations of the casino. In addition to Mohegan Sun’s operational expertise and ability to reduce costs via economies of scale, Resorts gained access to their robust customer database. Soon thereafter, Mr. Bailey and his team focused on bringing online gaming to the property. In 2015, Resorts established a platform to engage in online gaming by partnering with PokerStars, now part of the $24 billion Flutter Entertainment, PLC (LSE: FLTR), to operate an online poker room in Atlantic City. In 2018, Resorts announced deals with DraftKings and SBTech to open a sportsbook on-property and online. For 2020 year-to-date, Resorts has performed in the top quartile in internet gross gaming revenue in New Jersey. Mr. Bailey’s efforts in New Jersey helped set the framework for expansion of online sports and gaming throughout the United States.
In addition to his gaming interests, Mr. Bailey has over 50 years of experience in all facets of real estate development, asset M&A, capital markets and operations and is the founder, Chief Executive Officer and Principal of JEMB Realty, a leading real estate development, investment and management organization. Mr. Bailey has notable investment experience within the energy, finance and telecommunications sectors through investments in the Astoria Energy Plant, Basis Investment Group and Xentris Wireless.
Tony Rodio — Director Nominee
Mr. Rodio has nearly four decades of experience in the gaming industry. Most recently, Mr. Rodio served as the Chief Executive Officer and director of Caesars Entertainment Corporation (“Caesars”) (Nasdaq: CZR), one of the world’s most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company, from April 2019 until its acquisition by Eldorado Resorts, Inc. in July 2020. Mr. Rodio led Caesars through its $17.3 billion merger with Eldorado Resorts, one of the largest transactions in the gaming industry to date. Additionally, Mr. Rodio was instrumental to Caesars’ expansion into the digital gaming industry and oversaw the implementation of new digital segments such as its Scientific Games powered retail sportsbook solution that now operates in various states throughout the U.S. From October 2018 to May 2019, Mr. Rodio served as Chief Executive Officer of Affinity Gaming. Prior to Affinity Gaming, he served as President, Chief Executive Officer and a director of Tropicana Entertainment, Inc. (“Tropicana”) for over seven years, where he was responsible for the operation of eight casino properties in seven different jurisdictions. During his time at Tropicana, Mr. Rodio oversaw a period of unprecedented growth at the company, improving overall financial results with net revenue that increased more than 50% driven by both operational improvements and expansion across regional markets. Mr. Rodio led major capital projects, including the complete renovation of Tropicana Atlantic City and Tropicana’s move to land-based operations in Evansville, Indiana. Each of these initiatives, among others, generated substantial value for Tropicana. Ultimately, Mr. Rodio’s efforts at Tropicana led to its sale to Eldorado Resorts in 2018 for $1.85 billion. Prior to Tropicana, Mr. Rodio held a succession of executive positions in Atlantic City for casino brands, including Trump Marina Hotel Casino, Harrah’s Entertainment (predecessor to Caesars), the Atlantic City Hilton Casino Resort and Penn National Gaming. He has also served as a director of several professional and charitable organizations, including Atlantic City Alliance, United Way of Atlantic County, the Casino Associations of New Jersey and Indiana, AtlantiCare Charitable Foundation and the Lloyd D. Levenson Institute of Gaming Hospitality & Tourism. Mr. Rodio brings extensive knowledge of and experience in the gaming industry, operational expertise, and a demonstrated ability to effectively design and implement company strategy. Mr. Rodio received a Bachelor of Science from Rider University and a Master of Business Administration from Monmouth University.
Marlon Goldstein — Director Nominee
Mr. Goldstein is a licensed attorney with nearly 20 years of experience in the gaming space. He joined The Stars Group (Nasdaq: TSG)(TSX: TSGI) in January 2014 as its Executive Vice-President, Chief Legal Officer and Secretary until his retirement from the company in July 2020 following the merger of TSG with Flutter Entertainment, PLC (LSE: FLTR). Mr. Goldstein also previously served as the Executive Vice-President, Corporate Development and General Counsel of TSG. Mr. Goldstein was also the senior TSG executive based in the United States and was one of the primary architects of TSG’s strategic vision for its U.S.-facing business. During his tenure, TSG grew from an approximately $500 million market-cap company to an approximately $7 billion market-cap company through a combination of organic growth and strategic mergers and acquisitions. Mr. Goldstein participated in numerous M&A transactions and capital markets offerings at TSG, including several transformational transactions in the digital gaming industry. Notable transactions in which Mr. Goldstein was involved include:
• TSG/Flutter Merger: In 2019, TSG merged with Flutter for a $12.2 billion transaction value, the largest transaction in the digital gaming industry to date.
• TSG/Fox Bet Partnership: In 2019, TSG entered into a partnership with FOX Sports to create FOX Bet in the U.S., a leading U.S. online gaming business. Wall Street Research estimates an approximate $1.1 billion valuation for Fox Bet post-partnership with The Stars Group.
• TSG/Sky Betting & Gaming: In 2018, TSG acquired Sky Betting & Gaming, the largest mobile gambling operator in the United Kingdom at the time, for $4.7 billion.
• TSG/CrownBet and William Hill: In 2018, TSG simultaneously acquired CrownBet and William Hill, two Australian operators, for a total of $621 million in a multi-part transaction.
• TSG/PokerStars and Full Tilt Poker: In 2014, TSG acquired The Rational Group, which operated PokerStars and Full Tilt and was the world’s largest poker business, for $4.9 billion.
Through his ability to legally structure large and complex transactions, Mr. Goldstein was integral to TSG’s vision of becoming a full-service online gaming company. Additionally, he assisted in structuring TSG’s capital markets activity, which generated liquidity for acquisitions and strengthened its balance sheet.
Prior to joining TSG, Mr. Goldstein was a principal shareholder in the corporate and securities practice at the international law firm of Greenberg Traurig P.A., where he practiced for almost 13 years. Mr. Goldstein’s practice focused on corporate and securities matters, including mergers and acquisitions, securities offerings, and financing transactions. Additionally, Mr. Goldstein was the founder and co-chair of the firm’s Gaming Practice, a multi-disciplinary team of attorneys representing owners, operators and developers of gaming facilities, manufacturers and suppliers of gaming devices, investment banks and lenders in financing transactions, and Indian tribes in the development and financing of gaming facilities.
Mr. Goldstein brings experience and insight that we believe will be valuable to a potential initial business combination target business. Mr. Goldstein received a Bachelor of Business Administration with a concentration in accounting from Emory University and a Juris Doctorate with highest honors from the University of Florida, College of Law.
Sean Ryan — Director Nominee
Mr. Ryan is a digital media and technology operator with extensive global experience in online payments, e-commerce, marketplaces, mobile ad networks, digital games, enterprise collaboration platforms, blockchain, real money gaming and online music. Since 2014, Mr. Ryan has been serving as Vice President of Business Platform Partnerships at Facebook, Inc. (“Facebook”) (Nasdaq: FB), where he leads a more than 500 person global organization that manages the Payments, Commerce, Novi/Blockhain, Workplace and Audience Network businesses. Prior to his current role, Mr. Ryan was hired in 2011 as the Director of Games Partnerships to lead and grow the global Games business at Facebook. While the Director of Games Partnerships, Mr. Ryan focused on re-shaping Facebook’s games and monetization strategies to derive more value for Facebook, its users and its partners, including the addition of a Real Money Gaming offering in regulated markets. Mr. Ryan’s team helped accelerate a major trend in engagement through cross-platform games and therefore the opportunity to increase users through establishing games on multiple platforms. Prior to joining Facebook, Mr. Ryan created the new social and mobile games division at News Corp, an American multinational mass media corporation controlled by Rupert Murdoch. While at News Corp, Mr. Ryan led the acquisition of Making Fun, a San Francisco social-game start-up, that created News Corp’s games publishing division.
Before joining News Corp., Mr. Ryan founded multiple digital businesses such as Twofish, Meez, Open Wager and SingShot Media. Mr. Ryan co-founded Twofish in 2009, a virtual goods and services platform that provided developers with data analytics and insights for individual application’s digital economies. Twofish was later sold to online payments provider Live Gamer, where Mr. Ryan served on the board of directors. From 2005 to 2008, Mr. Ryan founded and led Meez.com, a social entertainment service combining avatars, web games and virtual worlds. The white label social casino gaming company Open Wager was spun out of Meez and was later sold to VGW Holdings, Mr. Ryan also co-founded SingShot Media, an online karaoke community, which was sold to Electronic Arts (Nasdaq: EA) and merged into its Sims division.
We believe Mr. Ryan’s experience will be valuable to a potential initial business combination target and would provide an expanded perspective on the digital gaming landscape. Mr. Ryan received a Bachelor of Arts from Columbia University and a Master of Business Administration from the University of California, Los Angeles.
Tom Roche — Director Nominee
Mr. Roche has more than 40 years of experience in the gaming industry as a regulator, advisor and independent auditor. Mr. Roche joined Ernst & Young (“EY”) as a partner in 2003 and opened its Las Vegas office. He was subsequently appointed as the Office Managing Partner and Global Gaming Industry Market Leader. In 2016, Mr. Roche relocated to the EY Hong Kong office to supervise the expansion of the EY Global Gaming Industry practice in the Asia Pacific region. Mr. Roche has been integral to numerous transactions that have shaped the current gaming landscape, including:
• Wynn Resorts (Nasdaq: WYNN) initial public offering: Mr. Roche was the lead partner on Wynn Resort’s initial public offering, which raised $450 million in 2002.
• Harrah’s Entertainment/Apollo Management Group & Texas Pacific Group: Mr. Roche headed the regulatory advisory services on the buyout of Harrah’s Entertainment, the world’s largest casino company at the time, for $17.1 billion.
• Dubai World/MGM Resorts: Mr. Roche headed the regulatory and due diligence advisory services to Dubai World in its approximately $5.1 billion investment in MGM. Dubai World bought 28.4 million MGM shares, or 9.5 percent of the casino operator, for $2.4 billion. It then invested $2.7 billion to acquire a 50% stake in MGM’s CityCenter Project, a $7.4 billion 76-acre Las Vegas development of hotels, condos and retail outlets.
• MGM Growth Properties (NYSE: MGP) initial public offering: Mr. Roche provided tax and structural transaction services to MGM Resorts in the creation of MGM Growth Properties, a publicly traded REIT engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts. MGM Growth Properties raised $1.05 billion in its 2016 initial public offering.
Mr. Roche also directed EY advisory services to boards and management teams for profit improvement and technology related initiatives. In addition, Mr. Roche provided advisory support to the American Gaming Association on several research projects, including those specifically related to sports betting, the revocation of The Professional and Amateur Sports Protection Act of 1992 (PASPA) and anti-money laundering best practices in the gaming industry. Equally, he has assisted government agencies in numerous international locations with enhancing their regulatory approach to governing the industry especially in the online gambling sector.
Prior to joining Ernst & Young, Mr. Roche served as Deloitte’s National Gaming Industry Leader and as the co-head of Andersen’s Gaming Industry Practice in Las Vegas. In 1989, Mr. Roche was appointed by then Governor of the State of Nevada, Robert Miller, to serve as one of three members of the Nevada State Gaming Control Board for a four-year term, where he was directly responsible for the Audit and New Games Lab Divisions. As a board member, he spent a substantial amount of time assisting global jurisdiction regulators enact gaming legislation in the design of their regulatory structure. During his career, Roche has been involved in numerous public and private offerings of equity and debt securities. His background includes providing casino regulatory consulting services to casino licensees and to federal and state agencies including the National Indian Gaming Commission and the Nevada State Gaming Control Board, and industry associations such as the Nevada Resort Association and the American Gaming Association.
We believe Mr. Roche’s highly regarded reputation as a gaming auditor and advisor in the gaming industry will be valuable for us and a potential business combination target. Mr. Roche is a member of the American Institute of Certified Public Accountants and is licensed by the Nevada State Board of Accountancy and Mississippi State Board of Public Accountancy. He received his Bachelor of Science degree in Accounting from the University of Southern California.

Notes and Highlights of Kentucky Governor Andy Beshear’s Live Update September 24, 2020
Notes by mr_tyler_durden and Daily Update Team
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• Youtube: Update (YT Channel)
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Headlines

• 64,158 Cases (+745), 1,137 Deaths (+13)
• New cases by county: 124x Jefferson, 86x Fayette, 58x Christian, 39x Warren, 28x Barren, 23x Franklin, 23x Laurel, 18x Hardin, 16x Madison, 11x Bullitt, 11x Kenton, 10x Daviess, 10x Pulaski, 10x Woodford, 9x Estill, 9x Whitley, 8x Calloway, 8x Jackson, 8x Montgomery, 8x Muhlenberg, 7x Boyd, 7x Boyle, 7x Breckinridge, 7x Carter, 7x Letcher, 7x Marshall, 7x Meade, 7x Oldham, 6x Allen, 6x Harlan, 6x Knott, 6x Spencer, 5x Greenup, 5x Henderson, 5x Hopkins, 5x McCracken, 5x Pike, 5x Rowan, 5x Shelby, 5x Wayne, 4x Boone, 4x Caldwell, 4x Campbell, 4x Floyd, 4x Graves, 4x Logan, 4x McCreary, 4x Russell, 4x Union, 3x Clay, 3x Grayson, 3x Jessamine, 3x Lincoln, 3x Livingston, 3x Mercer, 3x Nelson, 3x Pendleton, 3x Simpson, 2x Anderson, 2x Bourbon, 2x Clark, 2x Elliott, 2x Hart, 2x Knox, 2x Lyon, 2x Metcalfe, 2x Morgan, 2x Scott, 2x Taylor, 2x Trimble, 1x Adair, 1x Ballard, 1x Cumberland, 1x Edmonson, 1x Fleming, 1x Fulton, 1x Garrard, 1x Grant, 1x Green, 1x Harrison, 1x Hickman, 1x Larue, 1x Lawrence, 1x Magoffin, 1x Marion, 1x Martin, 1x Owen, 1x Perry, 1x Powell, 1x Webster, 1x Wolfe
• New deaths by county: 97 F Jefferson, 69 M Warren, 96 F Fayette, 82 M Perry, 97 M Warren, 88 M Warren, 84 F Warren, 62 F Warren, 97 F Bell, 94 F Warren, 89 F Warren, 86 F Christian, 90 F Jefferson
• Alright, what do you think about including or not including University cases in considering community spread? -- You know I believe a university is a part of a community. Those kids go to restaurants, they go to bars, they go to different places in the community. Now, there is a challenge here, and it's one that we've got to discuss and it especially impacts where I went to school, Fayette County Public Schools. Right now, UK has so many cases that it may push Fayette County red, and if UK stays open and continues to have those amount of cases, they could potentially keep it red and then you've got Fayette County Public Schools saying “Wait. No, we need a, we need a community spread that our kids can go to school” that is a real issue. I talked to the superintendent about it the other day and we're continuing to have discussions. I talked to Mayor Gordon about it as well. And the answer, can't be “the university cases just don't count” because they are in the community. The question is how we can make sure we're taking the right steps so K-12 students don't miss out on opportunities because of other decisions. But this also makes us rise up, elevate our thinking, that it's more than just the institution or institutions we serve, it's the communities around us that can be impacted.
• You have recently loosen some restrictions on visitations for long term care homes, is there any discussion about loosening in-person visitations for state inmates?-- The question is, given that we have loosened restrictions on visitation for long term care facilities, is their discussion on loosening it for inmates? There is discussion, it hasn't moved beyond any of those stages yet, so we don't have any step to announce, nor should it suggest that we're going to have a step to announce but it is being discussed, understanding that people very much especially in that situation rely on those personal interactions.
• Governor, are you still looking at the release of your guidance on Trick or Treating by the end of the week? -- We are still working on releasing our guidance for Halloween. And, part of that's everything going on at the moment. But the other part is trying to find a safe way to do it, given the CDC said “don't do trick or treating at all.” And so we still want to give our kids an opportunity, and we're trying to figure out what that opportunity can be. You know, Halloween, I used to say my kids look forward to that 364 days a year, they're a little bit older now, I will again reiterate though- No adult parties, no block parties, that's something that we can't do and if you do that we can't try to create a trick or treating experience because then we brought even more people together in a close area.
• The churches and civic groups that do those trunk or treating in parking lots. That would be ok? -- So one one option that we're looking at is to have civic groups do things outside in a way to where kids can get individually wrapped, you know bags would be better, if you think about it like some people give out birthday parties, at the end. And having our civic groups step up to do that in a safe way that they have really thought through, is one of the best ways we believe that that there could be that experience, but again we don't want to bring a whole bunch of people inside for it, either. COVID makes everything, not difficult but can make everything dangerous and it seems to attack the things that we like and love the most.
• Slides from Update

Full Notes

• Alright, It is 4pm, that time we provide our update on our battle against COVID-19, each and every day. Today, I'm representing the Caywood Comets, this is a school in the Kenton County School District. I know they are working to get back safely to the classroom. Now we're going to jump right into the report today, go pretty quickly open it up for questions.
• Positive cases today: 745
• Probable cases: 7,550
• Total confirmed cases: 64,158
• Children Under 18: 107 - Again, it seems like we are seeing a larger and larger and larger portion of positive cases being our young people.
• New cases by county: 124x Jefferson, 86x Fayette, 58x Christian, 39x Warren, 28x Barren, 23x Franklin, 23x Laurel, 18x Hardin, 16x Madison, 11x Bullitt, 11x Kenton, 10x Daviess, 10x Pulaski, 10x Woodford, 9x Estill, 9x Whitley, 8x Calloway, 8x Jackson, 8x Montgomery, 8x Muhlenberg, 7x Boyd, 7x Boyle, 7x Breckinridge, 7x Carter, 7x Letcher, 7x Marshall, 7x Meade, 7x Oldham, 6x Allen, 6x Harlan, 6x Knott, 6x Spencer, 5x Greenup, 5x Henderson, 5x Hopkins, 5x McCracken, 5x Pike, 5x Rowan, 5x Shelby, 5x Wayne, 4x Boone, 4x Caldwell, 4x Campbell, 4x Floyd, 4x Graves, 4x Logan, 4x McCreary, 4x Russell, 4x Union, 3x Clay, 3x Grayson, 3x Jessamine, 3x Lincoln, 3x Livingston, 3x Mercer, 3x Nelson, 3x Pendleton, 3x Simpson, 2x Anderson, 2x Bourbon, 2x Clark, 2x Elliott, 2x Hart, 2x Knox, 2x Lyon, 2x Metcalfe, 2x Morgan, 2x Scott, 2x Taylor, 2x Trimble, 1x Adair, 1x Ballard, 1x Cumberland, 1x Edmonson, 1x Fleming, 1x Fulton, 1x Garrard, 1x Grant, 1x Green, 1x Harrison, 1x Hickman, 1x Larue, 1x Lawrence, 1x Magoffin, 1x Marion, 1x Martin, 1x Owen, 1x Perry, 1x Powell, 1x Webster, 1x Wolfe
• Total tests conducted: 1,301,407 (PCR: 1,226,385, Serology: 52,994)
• Positivity Rate: 4.57%
• Total hospitalized: 5,119
• Currently hospitalized: 543
• Total in ICU: 1,499
• Currently in ICU: 122
• On a ventilator: 71
• Total recovered: 11,570
• New deaths today: 13
• Total Deaths: 1,137
• New deaths by county: 97 F Jefferson, 69 M Warren, 96 F Fayette, 82 M Perry, 97 M Warren, 88 M Warren, 84 F Warren, 62 F Warren, 97 F Bell, 94 F Warren, 89 F Warren, 86 F Christian, 90 F Jefferson
• Toughest part of today's report: 13 new deaths. These are 13 individuals whose families will be mourning them. It's a hard number for any given day, 13 individuals, and note on here's a friend of mine from Northern Kentucky that I just learned about an hour and a half ago had passed away after a multi-month battle with COVID-19. Remember this virus is very real and it's still out there. So let's make sure that we light our homes up green. We ring those bells at 10am, and that we try to reach out to these families that may be needing help or other families that while they might not have had somebody passed away, may be suffering from food insecurity, you may be worried about a child in that household, there may be a domestic violence situation, let's make sure that we are thinking about what we can do for others who need our help at all times during this virus. This is a time that takes more compassion than any in my lifetime and that's with every challenge we face right now. So, let's remember that. We've got to listen to each other. We've got to help each other. And every day that we have a lot of cases, 745 today. We know that they're going to result in a lot of deaths. Thankfully, our mortality rate continues to creep down, but still higher the volume of the cases, the more Kentuckians we lose. So let's make sure we wear that mask, we socially distance, we cut our contacts down, we do what it takes.
• Racial breakdown of all cases: 80.10% Caucasian, 11.88% Black or African-American, 1.62% Asian, 5.90% Multiracial
• Ethnicity breakdown of all cases: 89.08% non-Hispanic and 10.92% Hispanic
• Racial breakdown of all deaths: 83.27% Caucasian, 12.98% Black or African-American, 1.15% Asian, 2.60% Multiracial
• Ethnicity breakdown of all deaths: 96.41% non-Hispanic and 3.59% Hispanic
• Long Term Care Facilities (PDF): 40 new residents and 37 new staff positive from yesterday, and 14 more deaths, 3 new facilities.
  • Total facilities: 332
  • Total deaths: 647
  • Active cases: 573 residents, 421 staff
  • Total cases: 4171 residents, 2754 staff
• K-12 Update (PDF): 166 new students and 59 new faculty/staff positive from yesterday, 177 new schools.
  • Total facilities: 527
  • Active cases: 577 students, 288 faculty/staff
  • Total cases: 956 students, 342 faculty/staff
• K-12 schools, a big jump here as you all know, I think we have close to seven high school football teams that are under quarantine multiple other sports, we are seeing a significant number of cases, some that we wouldn't have known about but for a different injury. You can get our full report online, remember it is behind the news that you would get. And coming up on Monday is when every school has to report to that dashboard that will go live on that Monday with a school having to update that every day so people should be able to get, not in real time, but every day, an update of what the situation is in their school, and in surrounding schools
• University Update (PDF): 33 new students and 0 new faculty/staff positive from yesterday, 8 new facilities
  • Total facilities: 58
  • Active cases: 1395 students, 45 faculty/staff
  • Total cases: 2919 students, 84 faculty/staff
• Before we open it up for questions. one I mentioned, the two LMPD officers last night that were shot. They are LMPD major Aubrey Gregory, he has been released from the hospital, I got a chance to talk to him personally last night. He was surrounded by family and friends, he's going to have a full recovery at least to my knowledge. The other is officer Robin, and I think it's this Desroches? and I apologize to him if I mispronounced his last name- he is stable and recovering, I talked to his mom last night- during a period where they were still working to ensure his stability. I want to condemn this act of violence in the most stark terms, it is absolutely wrong. And the answer to violence can never be violence. And we want to make sure that these individuals that were out there last night and will be out there again tonight are safe. And we need to ensure that any type of activity or demonstrations remain non-violent and remain peaceful. We have to understand just one person can mar something that otherwise is done the right way. And that means we need to make sure those around us are also doing things the right way.
• Alright. With that, we'll open it up to, to questions started over here yesterday I think Shelby we'll start with you.

QUESTIONS

• President Trump tweeted and said he spoke to you, can you give us some insight into the conversation with him? -- Right. So, last night after I learned of the injuries to our two law enforcement officers I returned to the Capital where I was here for several hours ensuring that they were okay, that we had the situation under control. Talked to the Mayor, talked to the Chief of Police, talked to one of the individuals that had been shot and then the family members of the other, also talked to the President of the United States, who initiated the call. His comments were that it appeared that we had things under control. He did make an offer, if at a later point we needed additional assistance, he would provide it. But, he stated and I agree that at this time we have appropriate levels of law enforcement or peacekeepers there, and that if necessary, we have the ability on the state level, to increase that level of support. It was a good call. I appreciate him, making it.
• For tonight, what is the level of National Guard troops that are available in Louisville? -- The question is, how are we preparing for tonight? What's the number of National Guard troops in Louisville? We're not going to disclose the number, that's part of the operational security of those individuals, we will again be conducting limited missions, that are there for public safety and to protect critical infrastructure, like our hospitals. We will adjust accordingly to ensure our people are safe and we can keep other people safe. I want to say again that presence is in no way intended to stifle people's first amendment rights to give voice to any anger, frustration; but it is there to both keep people safe and ensure things, like our hospitals, can continue to operate when last night they were absolutely needed for these two officers and for those that might be suffering from COVID, or other injuries. It's important that those that do want to give voice, and do want to do that outside and in Louisville, do so before the curfew. And I would ask everyone to respect that curfew, the curfew is being applied to anyone that is out, I know that it was applied last night to one of the militia groups that showed up as well. And remember that those and other groups are also in the city, and I'm not sure it's them but there are always individuals that might want to turn something that is peaceful into something that's not, that may just like everybody, including law enforcement and demonstrators, and we got to make sure that that that that we don't allow that to happen. And that does take a sufficient presence, which will be out tonight.
• You have recently loosen some restrictions on visitations for long term care homes, is there any discussion about loosening in-person visitations for state inmates?-- The question is, given that we have loosened restrictions on visitation for long term care facilities, is their discussion on loosening it for inmates? There is discussion, it hasn't moved beyond any of those stages yet, so we don't have any step to announce, nor should it suggest that we're going to have a step to announce but it is being discussed, understanding that people very much especially in that situation rely on those personal interactions.
• Governor, given the indictment yesterday, does this give you any more impetus to equip the KSP with the body cameras?-- Now the question is, given the indictments yesterday. Is it any more impetus for KSP and body cameras? I mean that's a question we absolutely have to address, as we see more and more law enforcement out there wearing them. We've got to talk with the Kentucky State Police about it, I believe that body cameras can protect an officer, or in this case it would be a trooper, as much as anything else. I can tell you, aside from some of these tragic situations where body camera footage is needed just to know what happened, in many instances there can be complaints against an officer or trooper that if you have the body camera footage, you can dismiss them pretty quickly. Remember these sometimes are heated exchanges and sometimes having the video with that officer being professional, which is almost always the case, can be very helpful. The other thing that it can be is a tool, whereby supervisors can ensure that people are following the training they've had. I remember being in Washington DC for a national Attorney General's Association meeting and the then chief of the DC police, she talked about how she would take that footage home and watch it and see that there were instances- She talked about one domestic violence situation where one of the officers turned their back. Now, that wasn't anything between the individuals, but could have compromised their safety. And so it was a check on different ways that she thought that she could use to improve the department. I am for body cameras where appropriate, there are some instances where I don't think that they would be, based on the particular mission of that individual unit.
• I want to ask about some comments you made on MSNBC earlier today in regards to your request for the Attorney General to publish more information about the Breonna Taylor investigation online. You said the release of those details wouldn't impact the federal civil rights investigation. How is that possible to not impact that investigation by making some of those details public? -- So today, the question is on one of the cable news shows, I talked about how I believe that the Attorney General can release the information from his criminal investigation, without impacting the federal civil rights investigation. I believe that there are very different investigations that set out to determine very different things, I don't think a ballistics report, for instance, is going to have an impact on a civil rights investigation. And if they believe that it does, I think that that the federal prosecutors can come forward and explain the specifics of that; but at this point with the Attorney General saying he is not pursuing certain things, then I believe it makes it appropriate to provide the facts, the information, the evidence, and It's about trusting the people of Kentucky. I trust them, that if they have all the facts, the evidence, and maybe some explanation, if needed, that they can process it. And I know the Attorney General talks about the truth, and I talk about the truth, I think we ought to let the people of Kentucky see all of that, evaluate, and come to the truth. I believe that it is fully appropriate to do at this point in time, I've been a prosecutor, I withheld judgment on that until we've reached the stage but at this point, put it all online. Put everything that would not impact, now there has been one indictment with three charges in it, put everything online that wouldn't impact that and that's really about apparently shooting into a different apartment building, and let people see it, and it's been done in other places. It was done several months later in Ferguson; it's been done by other prosecutors; it's an attempt to be transparent. And I've seen firsthand, that when you are willing to be transparent with the people of Kentucky, they will look at the information, they will try to understand the decisions you've made, they may disagree, but at least it's not a vacuum, where different emotions, or theories, or others can come into play. I'm sorry we made you wait, is it John? Okay, welcome.
• I had a question for you about coronavirus: cases are higher now than earlier in pandemic when we've had more severe restrictions. But over the past two months those restrictions have been rolled back a little bit. So, I'm just curious to know, you know what would it take for you to include new restrictions for the things like public gatherings and things that you had earlier? -- So the question is with us now being at a higher level of total cases than we were earlier, but obviously we've gotten better at treating when we look at it, we also follow our hospital data, and right now I would say we are at a place where we can handle more cases than previously. We're also testing more to find more people who have it and that's a good thing, but you are right and that with loosening restrictions, that means people have more contacts, and we will see the virus spread more. What it would take for me to implement new restrictions would be what we saw when we had to cut restaurants for a period of time, and bars, and that is a proof of, or indications of, a real escalation. And not something that might be, you know, kind of up and down- and remember, our plateaus aren't entirely flat, and not something just very gradual where it'll take a couple weeks to see, but if we started seeing what looked like an escalation especially one, that looks like it could turn into a severe escalation like we saw in Florida and Arizona, once you start seeing that curve, that's when we would take additional action, that's when the White House would ask us to take additional action. And they're keeping track like we are, we use somewhat different data but we're in about the same place right now in that, mainly what we need people to do is be a little bit better, more people wearing the mask [holds up mask] and the white house again says we not only should have a mask mandate but I should be encouraging it every day, engaging in that social distancing, and remember, moderation, and not moderation like we had before March, but moderation in, on the same day if you're going to work, and going to the gym, and going to dinner that's just too many contacts. We got to spread them out. And make sure that those gatherings, which we still have that 10 person limit, we keep at that level. We do see a lot of spread and those. It's not necessarily backyard barbecue but it's house parties and as it gets colder and people drive inside that's going to be more important than ever.
• So many parents are at home helping their children with virtual school but history is unfolding outside. How can they explain what is happening to their children? -- The question is with so many kids at home but history going on outside, how do they explain what's happening to their children? First, I was worried I was going to be a little late, because I was dealing with sixth grade geometry, with my son Will. Being governor doesn't stop your obligations, nor your duty as a parent. And boy, we certainly appreciate our teachers, when we're asked to step up and take a bigger role. I think that parents need to be able to have age-appropriate conversations with their children, and that they ought to be based in values, about the type of world that we think we should have, about true dignity for all people, about the fact that I believe that God calls on us to build a world that is free of inequities and oppression and racism. And then need to be able to talk to their kids about our country's history and the fact that we have had to make changes and take strides and many points in our history, and right now that we're being called on to do more. You know it's a conversation with what's going on there and also with what's going on in COVID-19 that's going to shape so much. But I'd like to think that every challenge gives us an opportunity to build a better day, and maybe to raise better people. Part of that calls on us to recognize what we're living through, both the pandemic and calls for a more equitable society, and then to make sure we're instilling the right values in our kids. And I just remind people, because I have to remind myself, that our kids are always listening, and my kids are always hiding behind the door listening to everything. And so, we got to really make sure in our heart and in our mind, we're not just saying the right things, but we believe them. And if we start feeling ways that we think “Wait a minute, I shouldn't” I mean that's the time that we're called on to be a little better. And so much of what we see, because we are inside, is on Facebook and Twitter which, I mean, it's turned into poison in so many ways, let's remember that if we're writing something down that contains hate or anger or making enemies out of one another, our kids are gonna read that one day too. And maybe if we write it, we ought to look at it, we outta realize that we need to change too, and be a little better, and maybe we just need to turn it off entirely.
• Alright, what do I think about including or not including University cases in considering community spread? -- You know I believe a university is a part of a community. Those kids go to restaurants, they go to bars, they go to different places in the community. Now, there is a challenge here, and it's one that we've got to discuss and it especially impacts where I went to school, Fayette County Public Schools. Right now, UK has so many cases that it may push Fayette County red, and if UK stays open and continues to have those amount of cases, they could potentially keep it red and then you've got Fayette County Public Schools saying “Wait. No, we need a, we need a community spread that our kids can go to school” that is a real issue. I talked to the superintendent about it the other day and we're continuing to have discussions. I talked to Mayor Gordon about it as well. And the answer, can't be “the university cases just don't count” because they are in the community. The question is how we can make sure we're taking the right steps so K-12 students don't miss out on opportunities because of other decisions. But this also makes us rise up, elevate our thinking, that it's more than just the institution or institutions we serve, it's the communities around us that can be impacted.
• What’s your reaction to the Supreme Court’s ruling that historical corporations are gambling devices are essentially no different than slot machines and illegal. -- The Supreme Court today ruled that certain types of instant racing games are not parimutuel, and therefore, I believe that they believe that they were unlawful. I will tell you that I believe that decision, while not criticizing the legal aspects of it, not having analyzed it, is devastating for so many Kentucky jobs, for the horse industry, and for the budget, the state budget, which it adds about $21M to every year and that's growing. So, I've already begun discussions with various partners about finding a path forward. We've now had this in the Commonwealth for several years, we have not seen the ills that people claim would come from it, coming from it. There is widespread gaming, much more than this over just about every single one of our borders right now. If it's going to take a legislative change we need to make the legislative change to keep our horse industry competitive but to keep our Commonwealth competitive. Listen, we need a lot more types of gaming to compete with those around us. I mean, Indiana, using our money to build the roads, and other states around us, Missouri, they can pay for their health care costs. And in this period of COVID-19, revenue from those sources, for the most part, hasn't gone down or not nearly as much once things reopened. And so we're gonna find ourselves at not being competitive in what is otherwise a free market that's out there. And so I hope that we will get the necessary changes to move forward, and when we make them, I hope that maybe we can make a lot more.
• Jesse Jackson just called for athletes to boycott the University of Kentucky and the University of Louisville, and other economic boycotts in Louisville over the grand jury not deciding How do you respond to that? -- I'm told that Jesse Jackson has asked athletes to boycott UK/UofL because of the grand jury decision. I respect Reverend Jackson, but they didn't have any control, UK or UofL, over what the grand jury did. I believe that they are trying, through programs and efforts, to build a better world. And so while I very much respect Reverend Jackson, I don't agree with a boycott of those that have had no control over this. Now, what I do think we ought to do is see all the information. I think the Attorney General can post it online, if he if there is some that needs to be held back because of the one indictment then that's a discussion and an explanation he can provide, but it's time to give the information. And I think that if he did this call for a boycott wouldn't have happened yet because I think everybody would be sitting down, and would be trying to process the true facts and evidence that's out there, and I think everybody benefits from the truth.
• Governor Holcomb in Indiana has issued an order that beginning Saturday, all restaurants and bars can fully open in Indiana. Do you have anything that's, you know, in the works for our bars and restaurants here in Kentucky? -- So I haven't seen, it's apparently an order from Holcomb further opening bars and restaurants, that's something I'll have to talk to him about. With us just about to start opening schools, we've got to get that done first concern, or any other capacities.
• Let's see this is wanting a response to this quote about AG releasing more info: “We appreciate governor Beshear’s team providing assistance to our office in the Commonwealth over the last few days in preparation for yesterday's announcement. However, releasing that information would compromise the federal investigation and violate a prosecutor, prosecutors ethical duties.” -- We did work well with the attorney general's office in communication leading up to it. I don't have an argument there. I've tried not to criticize the other parts, having not seen the file myself, but I've been a prosecutor, and I've been in that role and if you are no longer pursuing those charges there is not a duty, there is not a jury, that you could compromise. There is no criminal investigation there that you can compromise and so I do not think there can be a violation of those duties. I'm not the only one in my office, I have the former Deputy Attorney General and a former district judge, and he agrees too. I just, I don't agree with, with that view other prosecutors have done it. Let's just put it out there and let people see it.
• Do you feel like the nine o'clock curfew is actually effective at minimizing the tension in Louisville in regards to the protests that are happening out there. -- The question is on the 9pm curfew in Louisville, and I think it’s necessary. I know a lot of people may not like it but as we see that the nights go further along there is just more of an opportunity for, for those that would want to incite violence, or take advantage of an opportunity, and I believe that it's necessary. But remember, it applies to everybody. And so for instance, these groups that claim that they are keeping the peace that are heavily armored, walking around Louisville with, what I understand is, no tactical training at all, and no specific mission, it makes them go home too. And from somebody that has dealt with them firsthand I think then going home is a really good idea. I just don't think that they ought to show up in Louisville, in the first place.
• We mentioned schools just now and I wanted to ask, are we still on track to have the successful real thing that you're envisioning and are there any trends that could put that at risk that you guys have spotted? -- (Can we, if we do have the incident map for today, James if we don't, that's okay.) Every day we update our incident rate map on http://kyCOVID19.ky.gov/. What that shows is we have many counties that are in the yellow, or the green, that are we think in a good position to start some in-person class activities. We have others in the orange that need to be careful. And small groups would be best, a hybrid model after that. And then we have those in the red- that I do not think should be starting in person class and if they are in in-person class, they ought to move to virtual until they can move out of the red. I believe that in many places there can be a successful reopening but what a successful reopening is in COVID doesn't look like what it did before. It's our kids in masks all day long, because that's going to be required to lessen the spread, it's going to be fewer kids in a classroom, it may be them not being there as many hours of the day. But it is more direct interaction with their teachers, which we know is important. But the other thing is we got to be fluid, and we got to be flexible. We have seen, as we've been here, that there are counties that will have very few cases and then boom, you know 60, 90, 100 in just a couple days or over a week. And so we got to understand that you could even be in the green or in the yellow and by this time next week you could be in the red and you got to be prepared to move from that in-person back to NTI and then come back again. The two things we got to continue to defeat this virus is to be strong, to have the endurance to do this, as long as it takes. But number two, to be flexible, and knowing the conditions on the ground in your county, and your area can change really quickly so we've got to be able to change our approach.
• I'll do one more set if you all have them, let's see, Did I respond to the President's offer for federal assistance to respond to the protests? -- The president and I agreed that right now we had sufficient assets, didn't need that help, and again, it was a positive conversation about what was already in place.
• Last week, nursing homes were given federal guidelines saying they could resume indoor visits, and now if they're in a red zone, that county’s in a red cell, how does that affect them? Who do they follow the state or federal?-- On nursing home visits, The or long term care facilities, they have to follow the state guidelines that have been put out there. We think that they are very reasonable following the incident rate map as well. And I think it also allows our communities to know how safe or unsafe, it could be. You know, just because someone tells you you can do something, sometimes you shouldn't do something and this also gives more information to two family members. I know so many Kentuckians that will choose not to go see somebody in-person at different times because they love them. And that's a hard thing to grasp that you wouldn't see somebody in person because you love them, but you don't want to have even that potential of exposing them, depending on what you do. And you might want to think about it, depending on on your regular day and how many people you come into contact with. If you've got a job that has significant contact with other people, again you might want to be more careful.

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