Ann: Appendix 4E, page-5

Ask yourself: why is it waking up? Is it because there was a fundamental shift, or is it because the dirtiest corners of the market and every single crapcoin is going suddenly parabolic because of excessive liquidity and momentary retail euphoria? Ask yourself, why did ZIP, an absolute memestonk go up 255% in the past 3-4 months? Why did ColonelSanderscoin or your most arbitrary crypto gain 500% in a month? Why is this all happening simultaneously with the great "wake up" of NVX?

No wonder you folks are considering NVX as a good 'long-term' bet. You simply don't understand the fundamentals or the macro picture and rely solely on hopes, dreams and confirmation bias. This too shall pass. Get back to me in August-September, at the latest, and tell me how your position is doing. All I can tell you is that this will be the final euphoria for a long time. It will be perhaps impressive, but this too shall pass.