rewrite this title and make it good for SEOBase Carbon Inc. (BCBN:CA) Investor Town Hall Call Transcript

Michael CostaCEO, Founder & Director

I am Michael Costa, CEO of Base Carbon, I am here with Wes Fulford, our President. We’re going to run a very similar format that we’ve done in similar calls like this. As usual, we know how busy everybody is and very, very grateful for everybody taking the time out of their day on a Tuesday morning to meet with us. I know a lot of people are going to be listening to the recording as well. So thank you guys for taking the time out. Whatever time of day it is for you guys.

To frame this call, we’ve spent a lot of time on prior calls talking about the margin of safety based investing, the execution within our portfolio and the manner in which we’ve allocated capital in the initial turn of capital into this operating portfolio. All of that’s very, very intact. And everybody here has either listened to us live, talk about this or has listened to us on these recordings, talk about the way we think about allocating the value of the risk of this firm’s capital into this developing market.

As I’ve said, all of that’s incredibly intact. But I think what we’re ready to begin talking about today because the market has started to move there as our expectation has been, is to talk about what’s really exciting us in the upside of this business. We’ve talked to you guys repeatedly in our — about our projects in this initial 3 projects, the initial turn of the capital in this business and all equity capital financed by the way, every dollar in our project is equity financed. We’ve talked repeatedly about how we’ve protected the downside. We’ve talked