Blackboxstocks Inc.

Good morning and welcome to the Black Box Stocks fourth quarter and year end 2021 earnings conference call. All participants will be in listen only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. To withdraw your question, please press star then two. Please note, this event is being recorded. I would now like to turn the conference over to Stephanie Prince with PCG Advisory. Please go ahead.

Thank you, Gary, and welcome to everyone joining us today. On the call are Black Box Stocks CEO Gus Kepler and Bob Winspear, CFO. The company would like to remind everyone that various remarks about future expectations, plans, and prospects made on today's call are constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Black Box Stocks cautions that these forward-looking statements are subject to risks and uncertainties that may cause their actual results to differ materially from those indicated, including risks described in the company's filings with the SEC. Any forward-looking statements made on this conference call speak only as of today's date Friday, April 1st, 2022. Black Box Stocks does not intend to update any of these forward-looking statements to reflect events or circumstances that occur after today. A replay of today's conference call will be available through the investor relations section of Black Box website at blackboxstocks.com. With that, I'd like to turn the call over to CEO Gus Kepler. Gus?

Thank you, Stephanie. Good morning, everyone, and welcome to our first ever earnings call. We're very excited to announce that we beat our earnings estimates and guidance. This year has been a great year. It's been a banner year for Black Box. We followed our fourth quarter up list to NASDAQ with a great performance in the fourth quarter. and ended our year with revenue of $6.1 million. That is almost double the $3.4 million we did the previous year. We also announced in fourth quarter that our subscriber base had reached the 6,000 mark or milestone, and that was a very exciting event for us. We have over 6,000 users that we call members in over 42 countries. In addition to our record sales and growth, which Bob will expand on later, we'd like to start by thanking some of the people that have made this an extremely good year for us and made this growth possible. The first people I'd like to recognize are our team traders. They were often referred to in our community as moderators, but they're really traders, educators, and mentors that are online every day within our community, monitoring the various chat rooms, talking to members live in our broadcast-enabled audio rooms and channels, and using our system to communicate to our subscriber base that spans this 42-country group. So it's been a very unique situation because we are lucky to have a company where all of our members can communicate with each other every day, use the analytics that we provide for trading, and speak amongst themselves in a team-like environment. That's what makes our system so valuable. That's the differentiator between what we do and a lot of other platforms that are out there that just provide analytics or are only a chat room. We've had some technology developments that are very important for me to note. We are updating our broadcast-enabled system. We grew so fast in 2021 and 2020, we outgrew our audio-enabled chatroom capability, so we had to augment with third-party solutions. We're in the final phases of completing what we will refer to as a third-party solution replacement, which will greatly streamline what we do. We are also in the final stages. We're currently in a beta stage with our mobile app. We've experienced amazing growth, but we have not yet completed our fully functional mobile app. And by fully functional, I mean an app that encompasses all the analytics that we provide on our desktop system. We have an interim app that provides some push alerts and shows very limited amount of data. But taking on the project of incorporating the massive amount of data and analytics that we provide in our desktop model And putting all of that into the confines of an iOS or Android mobile device has been a major undertaking. But I'm happy to say it looks great. We're in the final phases of beta. And probably the important thing to note for everybody that's an investor is we have not launched this platform officially. It's very close. We expect to do it in April. And when I say platform, I mean the iOS and Android device app. This will cover a major part of the market that we currently cannot service by just the desktop. So our marketing efforts will be even more substantial once this product is ready to be released in April. And that's a very important thing to note. We're armed with a war chest of a lot of cash, which Bob will also expand on. thanks to our successful up list in November of 2021. We are also making continuous improvements on our platform. What makes our platform so incredibly powerful is that it's user-driven. A lot of the features we implement are from our user suggestions because we have a live community daily that interacts with each other. And so we get a lot of amazing feedback and a lot of amazing suggestions from our users. So since we started this company in early 2015, we've been lucky enough to build it on the advice and the suggestions of our users, and that's what makes it such a powerful platform. I often refer to our platform as the best of man and machine. We provide analytics. and real-time data and news for traders. But what makes that information so much more powerful is how it is parsed through our communities and how our communities and the top tier of our traders opine on those analytics in real time. It serves as a mentoring and educational endeavor or exercise for the new members. And many of those new members soon become top tier members of our platform as well. We make trading a team sport here at BlackBox, we like to say. When we built this platform and actually when my other two founding partners, David Kyle and Eric Ferris and I began this company, we couldn't have envisioned that financial literacy, democratized trading and the rise of the retail investor would come to the level it did in 2021. But we're happy to be here. We're in the right place at the right time with a strong balance sheet, an amazing group of technical people and developers that are enabling us to constantly improve our product and release new products. And that's what I want to get to next. The day trading market is hard to quantify. It's hard to quantify what a day trader is. But a day trader can be classified as someone that trades multiple times intraday, sometimes trades intraday once a week, or swings trades overnight. But there's At best, two to three million of those. We're barely scratching the surface of that market of our core product, and we expect that we will continue to expand our trajectory from 2020 to 2021. We almost doubled our gross revenue. I'm setting a goal for us to do that again this year, if not better, with our core product, the BlackBox platform. But we have some other exciting products to talk about. one of which is referred to as Stock Nanny. It's an alert system, a portfolio alert system, and it does not just serve day traders. It's really not even for day traders. It's for self-directed investors, and that market is over 100 million users. We are working with some of our current integration partners at the major online brokerages to develop this product. It's very unique in that it serves the user by providing real-time analytics that might tip them off to a major downtrend in the stock using our predictive technology. All the technology for this product is already available in our tech stack. We just deploy it differently in a new application. We're really excited because the size of the market for this product is enormous. and this will be a new revenue stream. It's not a feature that you add on to BlackBox. It's a standalone app that we're going to sell. We're also working on a cryptocurrency platform, and we'll be expanding on that later in the month or sometime in this second quarter. We also are designing a BlackBox Pro system We currently don't have a tier, a pricing tier for pros, since the exchanges charge a premium for pro traders. And this is a market that we haven't been able to serve yet, even though our analytics are something that many pros like and want to use. So we're going to expand and build a platform and a pricing tier called Black Box Pro. We're excited about our trajectory. We're excited about our products. We're excited about our community and the amazing team traders that have made this amount of growth possible. One of the things that's been frustrating for us is the performance of our stock after our up list. It's been a challenge and we do not feel our current stock price in any way reflects the value of our company. And because of this, we implemented a buyback stock for purchase plan or buyback plan last year. We have been buying shares back. I'll let Bob expand on the numbers. And we're doing this because we don't think there's a better place to invest some of the cash that's on our balance sheet than into our own company because we believe in what we're doing. We believe in our community. We believe in our developers and the technology that we brought to this new boom in retail investing. So like I said, we couldn't have envisioned the retail investing boom that took place last year when we first designed this product. But we're very happy that we had some foresight that this would be a product that would be needed and used. And we think we're at the very, very beginning of an exciting history for this company. We're still a very early stage company, and I feel we have a massive amount of room for growth. So we're looking forward to an amazing 2022 to follow up on our 2021 success. And I want to thank all of you for being shareholders, stakeholders, and believing in our company. And I'm going to turn it over to Bob so he can go over the details of our amazing financial performance that we've had embarked on in this last year. Go ahead, Bob.