MDB Capital Holdings, LLC

Greetings and welcome to the MDB Capital Holdings Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce Lou Bassanese, President and Chief Market Strategist. Thank you. You may begin.

Thank you, Operator, and welcome everyone to MDB's third quarter 2023 business update conference call. I am Lou Bassanese, President and Chief Market Strategist at Public Ventures. Before we begin, I would like to remind everyone that during today's call, we will be making forward-looking statements. These forward-looking statements, whether in prepared remarks or during the Q&A session, are subject to inherent risks and uncertainties. These risks and uncertainties are detailed in the risk factors section of our periodic filings with the Securities and Exchange Commission. Specifically in the company's Amendment Number 5, filed on July 6, 2023, the registration statement on Form S-1, initially filed on November 10, 2022, and its quarterly report on Form 10-Q, filed yesterday with the SEC. Except as otherwise required by federal securities laws, MDB disclaims any obligation to update or make revisions to such forward-looking statements contained herein or elsewhere to reflect changes in expectations with regards to those events, conditions, and circumstances. We kindly ask that you refer to the company's SEC filings for more information about risks and uncertainties related to forward-looking statements. On the call with me today are Christopher Marlette, CEO and co-founder, Jeremy James, Chief Accounting Officer, Anthony D. John Domenico, Chief of Transactions and co-founder, Will Rossellini, PatentVest Chief IP Officer, and Mo Hyatt, Chief of Entrepreneurship and Operations. With that said, I will now turn the call over to Chris Marlette. Chris?

Thanks, Lou. Well, I want to thank everyone for being on our first call. Hopefully you'll bear with us and and as we explore the way to best communicate with you and our goal is really to be as transparent as possible, as clear as possible. So, you know, we're going to look for your feedback as to how we communicate. You know, we're always open to suggestions. As we always say, this is a community. We want to get better every day. And so with that, you know, I welcome you to the first, the very first call as a public company. We're excited to be here. It's been a long journey. But, you know, we're very excited about our future and our, you know, our platform as it's developing. So, What I want to try to do is really focus you in on what's going to drive shareholder value. And what's always driven shareholder value and stakeholder value at MDB has been the creation of these big ideas where we transform ideas into investable public companies that have a very high probability of commercialization in areas that are meaningful to humanity. So we've been doing that for over 25 years now. and partnering with universities and inventors to create billions of dollars of stakeholder wealth. And when we say stakeholder wealth, that means the inventors, the universities, obviously the investors have the largest stake in it. And of course, MDB with the value we create is a big stakeholder as well. And what's new to the platform, I would say to some degree, is partnering with existing public companies through our public ventures subsidiary. And there we identify undervalued companies that we believe can be technology leaders in the future. So we really partner with them to create new technology leadership. We've been doing that off and on throughout our history in addition to launching sort of the big idea companies. And a big part of making this happen, as we'll talk about, is it's not only our process and our ability to see things other people don't see and then create a great company. It's also the people that help make that happen with us. And that's really why scaling our community platform is so critical. And hopefully you'll understand sort of the method to our madness and the way we've created the platform.