40:07 that whole segment with Cas about Venture Capital inflating the valuation of private equity totally goes down a whole lot. I'm with him 100% on that. Having read Cult of We. It is so clear that is how these hyper growth private equity firms work. High valuations, no profit, hype it up, get it to IPO/SPAC as fast as we can so we can cash out and bilk investors to profitability.
Great content! Discovered you guys thru Coffee, glad I did. Your work making this stuff more transparent is important & groundbreaking. Best wishes for the holidays!
Late comment, I know, but you guys do a fantastic job of keeping me engaged. High-level conversations and topics, but you keep it low enough for dummies like me. Loved it! Ty!
This is some real end-of-season content in crypto. Many of the big characters have been taken out of the equation. I feel like they need to introduce new big players for the next season OR make it the final season with Tether and Binance as the main antagonists.
O’Leary rushing around trying to put the genie back in the bottle is a curious reaction to all the fake money financial collapse , his 3 wishes weren’t granted yet .
I forgot where this was from, but there was an interview KOL & Scaramoochi we’re doing, they were asked about blatant conflicts of interest with FTX & Alameda, and the response was - there are conflicts of interests all over Wall Street and those are legitimate businesses making tons of money. They tell on themselves! They don’t care what’s ethical or right, they just care if it’ll make them money…and if other investors and customers get defrauded, that’s fine, so long as I get paid.
Oh, is he not? Haven't started the video yet, and haven't watched a whole lot of coffeezilla videos either, but from a quick glance I thought he's been taking down fraudulent people in power any chance he gets..
Me too! However, we cannot deny that he is still a force for good. I don't quite know what positives he sees, but at least he's out here exposing the negatives.
After prosecuting SBF, is the US govt going to say, "Crypto is too complicated and messy, and it's straight out unfixable, so we will ban it in the USA"?
@@CryptoCriticPod Floored by that. Especially after the lengthy section about the John Ray and the bankruptcy, the whole thing read like: "John Ray listens to his lawyers, I don't. So anyway here's some screenshots of securities fraud..."
@@CryptoCriticPod ugh I could go on forever haha. A master class in subtext. Sure the text of bullet points i and ii from subsection c, of no. 1 of "what I learned after the crash" is about not having a single data engineer employed at FTX; but what Sam here is *really* saying is that he abuses stimulants and is bad at fraud. The fun irony me for me is that I was hit up late august for a data engineering position at FTX. He can't even be honest about the timeline of his life lessons.
Wow, North Dimension is really interesting. The office of the electronics vendor was in downtown Berkley, the original home of Alameda. They didn't update their "deal of the day" in the six-month interval between the two Wayback Machine snapshots. Very strange!
@@dorothygale1104 same thing - it’s obvious it’s a SBF whether it was the old alameda office or not. The fact he has ties to the Bay Area is not surprising - they all do as it’s Silicon Valley and Palo Alto is the heart. Caroline Ellison also lived there when going to Stanford. It’s more weird how the office is tied to Berkeley rather than Palo Alto imo because it’s not just the bay now it’s around the corner you know
Probably dumb question but who put John ray in charge of ftx? The bankruptcy court or SBF? If SBF resigned as ceo but he’s the major share holder what prevented him from taking it back over before being arrested? Does the bankruptcy court take charge of the company?
The answer to your last question is Yes, the bK court is in charge and the bk court put Ray in charge. SBF’s ownership interest became irrelevant once everything was put into bankruptcy. The logic stems essentially from common sense that the bk court in any bk case would never allow the person(s) who drove the company under and into bk to continue running the company because the “clients” of the bk court are the creditors of the company and it is their interests that bk is all about protecting by minimizing damages to them and equity owners move to the back of the line in order of priority. The proceeds from liquidation and recovery of the company’s assets go first to creditors and if there are any funds left after paying all creditors then the equity owners get that on the back end (unlikely in most cases). Keep in mind that clients/customers of a bk company that are owned something by the company are unsecured creditors and their interest is ahead of equity in the distribution of funds via liquidation of assets. In this case, clients who had funds in depository accounts under Terms of Service in which FTX wasn’t supposed to use those deposits for its own use are unsecured creditors in the bankruptcy and their interests are ahead of the interests of the equity owners. Hope that helps. Regards
@@dorothygale1104 thanks for the detailed answer! I kind of figured that’s how it was but wasn’t for sure. I get how companies that have a board of directors can oust a ceo when filing Bankruptcy, but was curious with ftx because they didn’t have a board. It was basically Sam.
It's so endearing going back to the vids from when the FTX things just gotten started and no one knew what sort of a shitshow this will turn out to be XD
I'm living in Japan and honestly I question a lot about this story of "Japanese exchange magical trade" Few reasons Bank system here is super outdated.... We still using bankbook Exchange in Japan are super regulated. It's impossible to open an account without the proper visa. So open account overseas is extremely unlike Money laundry here more or less is around gambling (actually same story of Ada Cardano) So unless he had a very strong ties with the mafia here, is virtually impossible
I remember listening to a podcast with SBF and Sam Harris, it was about EA. I had no idea who SBF was at the time, didn't care about EA, I just wanted to listen to someone explain the murky BS that is crypto.
"Yeah and he was playing dominoes while he told me about how he could turn my ten cigarettes into twenty cigarettes by selling them in the women's wing for tampons then selling the tampons back for cigarettes. He is a genius!"
If only the NY Times had the access to Coffeezilla's billions when they interviewed Sam. They could have paid a few grand to a consultant to do basic research and give them some pointed questions to ask, with follow ups.
I wanted to make a suggestion about the money laundering charge. I had someone file a fraudulent tax return iny name, changey bank info on file with the IRS, redirect IRD funds to a fraudulent unauthorized account in my name at a bank in New York, exchange the $1200 cash to crypto which escalated in value to $5000, deposited and withdrew the $5000 into a second fraudulent account in my name at a different bank, and that was money laundering. Although mine was a "small" case, FTX was by no mesns above identity theft, as we saw with the prostitutes opening accounts to try and trade frozen assets that were under investigation in China. My understanding is that they used the identities of the prostitutes, not that the prostitutes themselves opened the accounts (but I don't know if my understanding is correct, maybe the prostitutes were hired to open accounts). I also suspect the cannibis operations out of the bank in Washington (Farmington) might have been to open pit shops as fronts for money laundering bigger drug operations. But i really find the idea intriguing that the original exchange with Japan that made SBF rich might have been some sort of fraud or mone laundering.
Yeah no, they just used the prostitutes names and identities they didn't try to reach them anything as complicated as how to open bank accounts and stuff
Taking hugely directional bets works sometimes and doesn't work sometimes. Look at LTCM August 1998. Those guys, far smarter than SBF, with years of successful trading were crushed by a 10 sigma event in a period of 6 weeks. They were worth 4.5 billion? (the equivalent of 15 billion today) and lost it all. None of them went to jail because they brought in lawyers right away when the storm started and truly were the victims of bad business decisions. Still huge losses in trading is possible even where the trades were hedge and done by professionals. The more success they had the more risk they piled on. Their convergence trade was a proven money maker and it worked until it didn't. When the world markets blew up bc of the Russian Ruble collapse LTCM was totally unprepared for such a catastrophe bc the models said it couldn't happen. But it did.
I found out he's a vegan his mother's complaining while he's in jail he can't get vegan food congratulations now he has to learn how to eat meat like the rest of us
1st> you are GREAT!😊 Q) has the USA FEDS,IRS,treasury even yet investigated where all the invested funds came from? Did Drug Cartels,Arms smugglers, Human Traffickers,HAMAS TERRORISTS invest in FTX CRYPTO CURRENCY and if so,so have they lost their investments and will they recruit a Hitman vs SBF and his parents,partners> And all the Product placement Profiting Celebrities ,sports personalities? 😅😅😅😅😅😅
I thought the arbitrage was done via South Korean exchanges which is why it was known as the "Kimchi Premium" rather than being an abitrage via Japanese exchanges. Someone kindly clarify this
SBF's cohorts began cutting their own deals almost immediately, i.e., cooperating with authorities. It's a simple case. SBF stole money from his customers. How he did it and who he did it with are just additional facets. These acts were not just bad business decisions. SBF will cut a deal and he will get 18 to 25 years and do 8 to 12 in my estimate. Remember Madoff stole from charities, etc. and did it for years. This guy SBF claims to be a victim of youth, crooks and idiocy and that might work for mercy from the court. Who knows but he is going to do some serious time.
SBF won’t live long enough to make it to trial. The old phrase “He knows too much” has never been more true than with SBF. Those up the food chain won’t risk that Chatty Cathy will keep his mouth shut about whatever they don’t want revealed. His constant talking post-FRX crash has been his death sentence in that regard.
Why did they let SBF move money around for a while after getting bailed out? They eventually issued to him a cease and desist order but why didn't they make that part of his bail release? The reason? The Southern District of NY allowed him to set up future payments from SBF to them and other high level politicians having let him do this to squirrel funds away for all future bribed parties. Do a story on all of this Coffee!
these guys know nothing or next to nothing about the law or these types of investigations and arrests. They should read a book called "Den of Thieves" about Boesky, Levine and Millikin. It would help them.
I was wondering why guy in the upper right corner was screaming and talking in a REAlly loud voice. When he took a sip of red bull, I got it. Stop shouting for heaven’s sake. You know what you are talking about but ya sound a bit nuts!
This podcast is one Dirty Bubble away from being the four horsemen of Crypto!
Molly white deserves a mention as on par with those.
Add in Bitfinex’d, and you have the Sinister Six of Crypto Criticism
Bring in Saylor or Boyle for the 4th.
Oh we have a whole episode on Saylor ua-cam.com/video/mBkGhGDwqO0/v-deo.html
i think you mean the four horsemen of cryptocalypse
This is the crossover episode that I needed. Amazing. My two favorite UA-cam stations mashing up
Mood.
I can’t believe I missed this! Fave boys finally together!
40:07 that whole segment with Cas about Venture Capital inflating the valuation of private equity totally goes down a whole lot. I'm with him 100% on that. Having read Cult of We. It is so clear that is how these hyper growth private equity firms work. High valuations, no profit, hype it up, get it to IPO/SPAC as fast as we can so we can cash out and bilk investors to profitability.
the crossover I've been waiting for so long! i won't have know this channel if Bennett didn't appear in coffee's channel.
Great content! Discovered you guys thru Coffee, glad I did. Your work making this stuff more transparent is important & groundbreaking. Best wishes for the holidays!
Love you guys. The Three Musketeers. So informative & you work brilliantly together. 👏 👏 👏
Late comment, I know,
but you guys do a fantastic job of keeping me engaged.
High-level conversations and topics, but you keep it low enough for dummies like me.
Loved it! Ty!
Ladies and gentlemen….we got em….
Coming back to this after the news from a few days ago. What a wild ride.
LOL! I could have won under entirely different set of rules!
Amazing to have some of the best dudes on the tube in the same place!
This is the dream team :D
Thank you!
My favorite episode yet
Thank you!
This is some real end-of-season content in crypto. Many of the big characters have been taken out of the equation. I feel like they need to introduce new big players for the next season OR make it the final season with Tether and Binance as the main antagonists.
Definitely
You guys should star as yourselves in the movie :)
O’Leary rushing around trying to put the genie back in the bottle is a curious reaction to all the fake money financial collapse , his 3 wishes weren’t granted yet .
Keep up the good work guys. You're the Tag team we need against all these clowns 🤡
three of my favorite youtubers
I forgot where this was from, but there was an interview KOL & Scaramoochi we’re doing, they were asked about blatant conflicts of interest with FTX & Alameda, and the response was - there are conflicts of interests all over Wall Street and those are legitimate businesses making tons of money. They tell on themselves! They don’t care what’s ethical or right, they just care if it’ll make them money…and if other investors and customers get defrauded, that’s fine, so long as I get paid.
This is legendary 🎉😂. There is so much to unpack it’s absolutely wild. Sam is clearly just the visible corner of an ice shelf.
Two of my favorite channels coming together! Great pod!
Glad you enjoyed it!
I think the hypothesis that SBF /FTX was always crooked - is a good one
Coffee has a HUGE platform. I just wish he was even more skeptical! :D
Loved this, keep it up guys!
Oh, is he not? Haven't started the video yet, and haven't watched a whole lot of coffeezilla videos either, but from a quick glance I thought he's been taking down fraudulent people in power any chance he gets..
Me too! However, we cannot deny that he is still a force for good. I don't quite know what positives he sees, but at least he's out here exposing the negatives.
Yeah he's said he sees use cases for crypto but I have no idea what he thinks these are.
I clicked so fast when this came up in my notifications.
Thank you - amazing work!!!
The party ain't over till SBF sings.
Great discussion! “Old fashioned and unsophisticated embezzlement”
After prosecuting SBF, is the US govt going to say, "Crypto is too complicated and messy, and it's straight out unfixable, so we will ban it in the USA"?
Glad to finally see this happening. Kudos all!
Best trio.
Wow SBF's written testimony is ABSOLUTELY unhinged...
He submitted the coordination chat himself!
@@CryptoCriticPod Floored by that. Especially after the lengthy section about the John Ray and the bankruptcy, the whole thing read like: "John Ray listens to his lawyers, I don't. So anyway here's some screenshots of securities fraud..."
@@CryptoCriticPod ugh I could go on forever haha. A master class in subtext. Sure the text of bullet points i and ii from subsection c, of no. 1 of "what I learned after the crash" is about not having a single data engineer employed at FTX; but what Sam here is *really* saying is that he abuses stimulants and is bad at fraud. The fun irony me for me is that I was hit up late august for a data engineering position at FTX. He can't even be honest about the timeline of his life lessons.
He's building evidence for a plea of insanity.
Thanks!
loved the interview, but there's a lot of audio problems you guys NEED to sort out.
poor audio quality, robotic voices, cutting in and out.
They mentioned they interviewed SBF does anyone have a link to that ? BTW I'm not talking about coffeezilla's interview
ua-cam.com/video/mHikzIr6Gq8/v-deo.html
What a great panel 👏👏
What a wasted opportunity. How could they NOT call NorthDimension Inc Vandelay Industries instead, smh
Vandelay industries is taken lol
You three are fabulous together. Well done
Wow, North Dimension is really interesting. The office of the electronics vendor was in downtown Berkley, the original home of Alameda. They didn't update their "deal of the day" in the six-month interval between the two Wayback Machine snapshots. Very strange!
Very!
@@CryptoCriticPod Hey, I sent you guys an email about this. The proximity of the two companies' offices is... interesting.
You know who else is in proximity to that location….SBF’s parents. Their primary residence is in Palo Alto, where SBF was raised.
@@dorothygale1104 same thing - it’s obvious it’s a SBF whether it was the old alameda office or not. The fact he has ties to the Bay Area is not surprising - they all do as it’s Silicon Valley and Palo Alto is the heart. Caroline Ellison also lived there when going to Stanford. It’s more weird how the office is tied to Berkeley rather than Palo Alto imo because it’s not just the bay now it’s around the corner you know
Probably dumb question but who put John ray in charge of ftx? The bankruptcy court or SBF? If SBF resigned as ceo but he’s the major share holder what prevented him from taking it back over before being arrested? Does the bankruptcy court take charge of the company?
The answer to your last question is Yes, the bK court is in charge and the bk court put Ray in charge. SBF’s ownership interest became irrelevant once everything was put into bankruptcy. The logic stems essentially from common sense that the bk court in any bk case would never allow the person(s) who drove the company under and into bk to continue running the company because the “clients” of the bk court are the creditors of the company and it is their interests that bk is all about protecting by minimizing damages to them and equity owners move to the back of the line in order of priority. The proceeds from liquidation and recovery of the company’s assets go first to creditors and if there are any funds left after paying all creditors then the equity owners get that on the back end (unlikely in most cases). Keep in mind that clients/customers of a bk company that are owned something by the company are unsecured creditors and their interest is ahead of equity in the distribution of funds via liquidation of assets. In this case, clients who had funds in depository accounts under Terms of Service in which FTX wasn’t supposed to use those deposits for its own use are unsecured creditors in the bankruptcy and their interests are ahead of the interests of the equity owners. Hope that helps. Regards
@@dorothygale1104 thanks for the detailed answer! I kind of figured that’s how it was but wasn’t for sure. I get how companies that have a board of directors can oust a ceo when filing Bankruptcy, but was curious with ftx because they didn’t have a board. It was basically Sam.
Omg CasCoin, BTT, and CoffeePoints pump tha fuckin stocc
Hodl CasCoin 🤑🤑🤑
About time!
Been waiting for this. Great episode!
Thank you!
CoffeeZilla and Crypto Critics, together! Talking about a major crypto scammer actually facing consequences? Is this heaven!?!
dudes please EXECUTE the 8*(*(#(*# spammers now praising "Marshmello Finance MARSH3" in the thread.
On it!
Nice work gang. Keep going.
Your man's called the plea deal hahaha
Cryptos only utility was always laundering money or purchasing illegal stuff. Crypto was always a ponzie.
ftx trivia time
which one of these
creepy crispy crepes is
to scam bankman fried eggs
a) elie youssef najem
b) weird al yankovic
c) sathya sai baba
It's so endearing going back to the vids from when the FTX things just gotten started and no one knew what sort of a shitshow this will turn out to be XD
Did you listen to Kevin O'leary lie? He hedged his words with " That's what SBF told me". He belongs in prison for lying to Congress.
Coffee has a background that looks green screened but isn't. What a cool studio
lol
It’s called The $10M Studio. Lol
crossover event of the decade
Well this was nice to wake up to
I'm living in Japan and honestly I question a lot about this story of "Japanese exchange magical trade"
Few reasons
Bank system here is super outdated.... We still using bankbook
Exchange in Japan are super regulated. It's impossible to open an account without the proper visa. So open account overseas is extremely unlike
Money laundry here more or less is around gambling (actually same story of Ada Cardano)
So unless he had a very strong ties with the mafia here, is virtually impossible
Mafiosi have lawyers and judges, etc. on their payroll. Some of the best young minds and talent are recruited early.
I heard he did arbitrage in Korea, not Japan.
Im an accountant living in Osaka, the japanese trading thing is a complete lie. Its not realistic at all
@@Eline_Meijer And that’s why there are so many wealthy people in Japan. 🙂
When you can fix the audio cutting out for 2 seconds every 20 seconds I can rewatch this.
Get your recording fixed man. You're likely on Windows with some Microsoft telemetry really screwing things up.
we need to talk about effectiVe altruism rhat is not about helping others but about removing any moral inhibition against lying cheating and stealing.
Effective Altruism: Morally Buy An Island Nation - Episode 124
ua-cam.com/video/uzxAqhAjbAM/v-deo.html
Anyone have a link to the twitter space they were referring to in the beginning of the podcast?
ua-cam.com/video/mHikzIr6Gq8/v-deo.html
The three musketeers!
Y'all know if El Salvador's prediction of Bitcoin going to 31 million each is still happening? Asking for a friend ( ͡° ͜ʖ ͡°)
I remember listening to a podcast with SBF and Sam Harris, it was about EA. I had no idea who SBF was at the time, didn't care about EA, I just wanted to listen to someone explain the murky BS that is crypto.
OMG how is he gonna survive prison without the Internet or any gadgets?!
"Yeah and he was playing dominoes while he told me about how he could turn my ten cigarettes into twenty cigarettes by selling them in the women's wing for tampons then selling the tampons back for cigarettes. He is a genius!"
Dear UA-cam, more ads please I almost watched 10 uninterrupted seconds of video
It only gets funnier
If only the NY Times had the access to Coffeezilla's billions when they interviewed Sam. They could have paid a few grand to a consultant to do basic research and give them some pointed questions to ask, with follow ups.
Maybe his patents when he was in school,college,unniv.think whtever he got himself in trouble(they might've thought)it's his quirkiness!!!
Aaand it's gone!
They're all involved the whole thing when something's too good to be true it's too good to be true
Do you have a version of this with locally recorded audio? The lag is annoying
The Sequioa reinvestment scenario is indeed fairly usual.
They arrested Bernie Madoff the NEXT DAY, it's been over a month for SBF. I don't think they needed to take their time.
Bernie Madoff turned himself in and confessed.
I wanted to make a suggestion about the money laundering charge. I had someone file a fraudulent tax return iny name, changey bank info on file with the IRS, redirect IRD funds to a fraudulent unauthorized account in my name at a bank in New York, exchange the $1200 cash to crypto which escalated in value to $5000, deposited and withdrew the $5000 into a second fraudulent account in my name at a different bank, and that was money laundering.
Although mine was a "small" case, FTX was by no mesns above identity theft, as we saw with the prostitutes opening accounts to try and trade frozen assets that were under investigation in China. My understanding is that they used the identities of the prostitutes, not that the prostitutes themselves opened the accounts (but I don't know if my understanding is correct, maybe the prostitutes were hired to open accounts).
I also suspect the cannibis operations out of the bank in Washington (Farmington) might have been to open pit shops as fronts for money laundering bigger drug operations.
But i really find the idea intriguing that the original exchange with Japan that made SBF rich might have been some sort of fraud or mone laundering.
Yeah no, they just used the prostitutes names and identities they didn't try to reach them anything as complicated as how to open bank accounts and stuff
Taking hugely directional bets works sometimes and doesn't work sometimes. Look at LTCM August 1998. Those guys, far smarter than SBF, with years of successful trading were crushed by a 10 sigma event in a period of 6 weeks. They were worth 4.5 billion? (the equivalent of 15 billion today) and lost it all. None of them went to jail because they brought in lawyers right away when the storm started and truly were the victims of bad business decisions. Still huge losses in trading is possible even where the trades were hedge and done by professionals. The more success they had the more risk they piled on. Their convergence trade was a proven money maker and it worked until it didn't. When the world markets blew up bc of the Russian Ruble collapse LTCM was totally unprepared for such a catastrophe bc the models said it couldn't happen. But it did.
If you dont think the same thing is going on at binance and every other exchange, youre kidding itself. Its fake it til you make it.
From a van down by the river
Does he hav some kind of personality disorder,think he killed himself with his own defence???!!!!!!!!
I found out he's a vegan his mother's complaining while he's in jail he can't get vegan food congratulations now he has to learn how to eat meat like the rest of us
Bankman, orange man, conmen.
The guy with the stoner cartoon voice cracks me up lol.
1st> you are GREAT!😊 Q) has the USA FEDS,IRS,treasury even yet investigated where all the invested funds came from? Did Drug Cartels,Arms smugglers, Human Traffickers,HAMAS TERRORISTS invest in FTX CRYPTO CURRENCY and if so,so have they lost their investments and will they recruit a Hitman vs SBF and his parents,partners> And all the Product placement Profiting Celebrities ,sports personalities? 😅😅😅😅😅😅
I thought Super Dave Osborne died
🤘🏾
Mr scamderful
I thought the arbitrage was done via South Korean exchanges which is why it was known as the "Kimchi Premium" rather than being an abitrage via Japanese exchanges. Someone kindly clarify this
Japan was first and was pre-FTX, Korean premium also occurred after FTX was founded
Nuts.
Multi billion $ company run on Quickbooks. Amazing
SBF better watch his back in jail!!! Shives!!!
Why is Cas so stoned?
I dont think Kevin O'leary is a bad guy. Hes just not very bright at all. People assume investors are smart. Many arent.
Putting brilliant minds in jail is a crime to humanity. We need their brilliant minds to solve the worlds problems.
lol
SBF's cohorts began cutting their own deals almost immediately, i.e., cooperating with authorities. It's a simple case. SBF stole money from his customers. How he did it and who he did it with are just additional facets. These acts were not just bad business decisions. SBF will cut a deal and he will get 18 to 25 years and do 8 to 12 in my estimate. Remember Madoff stole from charities, etc. and did it for years. This guy SBF claims to be a victim of youth, crooks and idiocy and that might work for mercy from the court. Who knows but he is going to do some serious time.
SBF won’t live long enough to make it to trial. The old phrase “He knows too much” has never been more true than with SBF. Those up the food chain won’t risk that Chatty Cathy will keep his mouth shut about whatever they don’t want revealed. His constant talking post-FRX crash has been his death sentence in that regard.
Why it is so childish... just like SBF...????
Why did they let SBF move money around for a while after getting bailed out? They eventually issued to him a cease and desist order but why didn't they make that part of his bail release? The reason? The Southern District of NY allowed him to set up future payments from SBF to them and other high level politicians having let him do this to squirrel funds away for all future bribed parties. Do a story on all of this Coffee!
Sam didn't kill himself
It's still a tragedy that Carolyn is still free.
Caroline has plead guilty on multiple charges and is awaiting sentencing
these guys know nothing or next to nothing about the law or these types of investigations and arrests. They should read a book called "Den of Thieves" about Boesky, Levine and Millikin. It would help them.
Democrat parent's are the head of this tobakel swamp
Who's the fat guy at the top left? Wanna follow him, he sounds really knowledgable
I was wondering why guy in the upper right corner was screaming and talking in a REAlly loud voice. When he took a sip of red bull, I got it. Stop shouting for heaven’s sake. You know what you are talking about but ya sound a bit nuts!