image
Healthcare - Biotechnology - NASDAQ - US
$ 1.0
0 %
$ 29.8 M
Market Cap
-0.5
P/E
1. INTRINSIC VALUE

AN2 Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on developing treatments for rare, chronic, and serious infectious diseases. It is developing epetraborole, a once-daily oral treatment for patients with chronic non-tuberculous mycobacterial lung disease. The company was incorporated in 2017 and is headquartered in Menlo Park, California.[ Read More ]

The intrinsic value of one ANTX stock under the base case scenario is HIDDEN Compared to the current market price of 1 USD, AN2 Therapeutics, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ANTX

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FINANCIALS
0 REVENUE
0.00%
-69.6 M OPERATING INCOME
-64.77%
-64.7 M NET INCOME
-58.05%
-53.3 M OPERATING CASH FLOW
-59.25%
-43.3 M INVESTING CASH FLOW
-98.79%
85 M FINANCING CASH FLOW
20.81%
0 REVENUE
0.00%
-14 M OPERATING INCOME
11.75%
-12.7 M NET INCOME
11.69%
-12 M OPERATING CASH FLOW
16.53%
18.7 M INVESTING CASH FLOW
13.72%
23 K FINANCING CASH FLOW
0.00%
Balance Sheet Decomposition AN2 Therapeutics, Inc.
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Current Assets 111 M
Cash & Short-Term Investments 107 M
Receivables 0
Other Current Assets 3.21 M
Non-Current Assets 28.2 M
Long-Term Investments 27.2 M
PP&E 0
Other Non-Current Assets 1.04 M
Current Liabilities 14 M
Accounts Payable 2.68 M
Short-Term Debt 0
Other Current Liabilities 11.4 M
Non-Current Liabilities 0
Long-Term Debt 0
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall AN2 Therapeutics, Inc.
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Revenue 0
Cost Of Revenue 0
Gross Profit 0
Operating Expenses 69.6 M
Operating Income -69.6 M
Other Expenses -4.9 M
Net Income -64.7 M
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-51.91% ROE
-51.91%
-46.66% ROA
-46.66%
-55.84% ROIC
-55.84%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis AN2 Therapeutics, Inc.
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Net Income -64.7 M
Depreciation & Amortization 69.6 M
Capital Expenditures 0
Stock-Based Compensation 8.41 M
Change in Working Capital 5.83 M
Others 2.48 M
Free Cash Flow -53.3 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets AN2 Therapeutics, Inc.
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Wall Street analysts predict an average 1-year price target for ANTX of $4.33 , with forecasts ranging from a low of $2 to a high of $6 .
ANTX Lowest Price Target Wall Street Target
2 USD 100.00%
ANTX Average Price Target Wall Street Target
4.33 USD 333.33%
ANTX Highest Price Target Wall Street Target
6 USD 500.00%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.656 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership AN2 Therapeutics, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
3.81 M USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
6.27 M USD 6
Bought
0 USD 0
0-3 MONTHS
1.56 M USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
3 months ago
Aug 14, 2024
Bought 1.56 M USD
Leonard Braden Michael
10 percent owner
+ 1500000
1.04 USD
3 months ago
Aug 09, 2024
Sell 3.68 M USD
RA CAPITAL MANAGEMENT, L.P.
10 percent owner
- 3410335
1.08 USD
3 months ago
Aug 09, 2024
Sell 124 K USD
RA CAPITAL MANAGEMENT, L.P.
10 percent owner
- 114759
1.08 USD
9 months ago
Jan 18, 2024
Sell 1.91 M USD
Zakrzewski Joseph S
Director
- 100000
19.1141 USD
10 months ago
Jan 16, 2024
Sell 1.65 M USD
Aziz Kabeer
Director
- 84093
19.65 USD
10 months ago
Jan 16, 2024
Sell 313 K USD
Aziz Kabeer
Director
- 15907
19.65 USD
10 months ago
Jan 16, 2024
Sell 1.65 M USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 84093
19.65 USD
10 months ago
Jan 16, 2024
Sell 313 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 15907
19.65 USD
10 months ago
Jan 12, 2024
Sell 15.8 K USD
Readnour Robin Shane
Director
- 719
21.91 USD
10 months ago
Jan 12, 2024
Sell 15.5 K USD
Readnour Robin Shane
Director
- 706
21.92 USD
10 months ago
Jan 10, 2024
Sell 39.5 K USD
Readnour Robin Shane
Director
- 1800
21.92 USD
10 months ago
Jan 10, 2024
Sell 41 K USD
Readnour Robin Shane
Director
- 1869
21.93 USD
10 months ago
Jan 09, 2024
Sell 149 K USD
Krause Kevin Michael
Chief Strategy Officer
- 7417
20.1385 USD
10 months ago
Jan 02, 2024
Sell 52 K USD
Krause Kevin Michael
Chief Strategy Officer
- 2583
20.1189 USD
10 months ago
Jan 02, 2024
Sell 55.8 K USD
Easom Eric
Chief Executive Officer
- 2777
20.0945 USD
1 year ago
Nov 14, 2023
Sell 24.6 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 1522
16.146 USD
1 year ago
Nov 14, 2023
Sell 4.65 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 288
16.146 USD
1 year ago
Nov 14, 2023
Sell 24.6 K USD
Aziz Kabeer
director, 10 percent owner:
- 1522
16.146 USD
1 year ago
Nov 14, 2023
Sell 4.65 K USD
Aziz Kabeer
director, 10 percent owner:
- 288
16.146 USD
1 year ago
Sep 29, 2023
Sell 1.36 M USD
Aziz Kabeer
director, 10 percent owner:
- 83337
16.28 USD
1 year ago
Oct 02, 2023
Sell 76.7 K USD
Aziz Kabeer
director, 10 percent owner:
- 4770
16.07 USD
1 year ago
Sep 29, 2023
Sell 257 K USD
Aziz Kabeer
director, 10 percent owner:
- 15764
16.28 USD
1 year ago
Oct 02, 2023
Sell 14.5 K USD
Aziz Kabeer
director, 10 percent owner:
- 902
16.07 USD
1 year ago
Sep 29, 2023
Sell 1.36 M USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 83337
16.28 USD
1 year ago
Oct 02, 2023
Sell 76.7 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 4770
16.07 USD
1 year ago
Sep 29, 2023
Sell 257 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 15764
16.28 USD
1 year ago
Oct 02, 2023
Sell 14.5 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 902
16.07 USD
1 year ago
Sep 27, 2023
Sell 11.4 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 707
16.07 USD
1 year ago
Sep 28, 2023
Sell 115 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 7160
16.11 USD
1 year ago
Sep 27, 2023
Sell 2.15 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 134
16.07 USD
1 year ago
Sep 28, 2023
Sell 21.8 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 1356
16.11 USD
1 year ago
Sep 27, 2023
Sell 11.4 K USD
Aziz Kabeer
director, 10 percent owner:
- 707
16.07 USD
1 year ago
Sep 28, 2023
Sell 115 K USD
Aziz Kabeer
director, 10 percent owner:
- 7160
16.11 USD
1 year ago
Sep 27, 2023
Sell 2.15 K USD
Aziz Kabeer
director, 10 percent owner:
- 134
16.07 USD
1 year ago
Sep 28, 2023
Sell 21.8 K USD
Aziz Kabeer
director, 10 percent owner:
- 1356
16.11 USD
1 year ago
Sep 13, 2023
Sell 5.38 K USD
Aziz Kabeer
director, 10 percent owner:
- 336
16 USD
1 year ago
Sep 13, 2023
Sell 1.02 K USD
Aziz Kabeer
director, 10 percent owner:
- 64
16 USD
1 year ago
Sep 13, 2023
Sell 5.38 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 336
16 USD
1 year ago
Sep 13, 2023
Sell 1.02 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 64
16 USD
1 year ago
Sep 06, 2023
Sell 50.7 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 3164
16.02 USD
1 year ago
Sep 07, 2023
Sell 45.6 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 2841
16.05 USD
1 year ago
Sep 06, 2023
Sell 9.58 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 598
16.02 USD
1 year ago
Sep 07, 2023
Sell 8.62 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 537
16.05 USD
1 year ago
Sep 06, 2023
Sell 50.7 K USD
Aziz Kabeer
director, 10 percent owner:
- 3164
16.02 USD
1 year ago
Sep 07, 2023
Sell 45.6 K USD
Aziz Kabeer
director, 10 percent owner:
- 2841
16.05 USD
1 year ago
Sep 06, 2023
Sell 9.58 K USD
Aziz Kabeer
director, 10 percent owner:
- 598
16.02 USD
1 year ago
Sep 07, 2023
Sell 8.62 K USD
Aziz Kabeer
director, 10 percent owner:
- 537
16.05 USD
1 year ago
Aug 23, 2023
Sell 5.38 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 336
16 USD
1 year ago
Aug 23, 2023
Sell 1.02 K USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
- 64
16 USD
1 year ago
Aug 23, 2023
Sell 5.38 K USD
Aziz Kabeer
director, 10 percent owner:
- 336
16 USD
1 year ago
Aug 23, 2023
Sell 1.02 K USD
Aziz Kabeer
director, 10 percent owner:
- 64
16 USD
1 year ago
Aug 18, 2023
Bought 16 M USD
RA CAPITAL MANAGEMENT, L.P.
10 percent owner
+ 1777778
9 USD
1 year ago
May 15, 2023
Bought 53.8 K USD
Easom Eric
Chief Executive Officer
+ 10000
5.377 USD
2 years ago
Nov 10, 2022
Sell 67.6 K USD
Easom Eric
Chief Executive Officer
- 4413
15.3248 USD
2 years ago
Nov 14, 2022
Sell 346 USD
Easom Eric
Chief Executive Officer
- 23
15.04 USD
2 years ago
Nov 08, 2022
Sell 89.4 K USD
Easom Eric
Chief Executive Officer
- 5800
15.4117 USD
2 years ago
Nov 08, 2022
Sell 20.6 K USD
Easom Eric
Chief Executive Officer
- 1255
16.3816 USD
2 years ago
Nov 09, 2022
Sell 158 K USD
Easom Eric
Chief Executive Officer
- 10111
15.6114 USD
2 years ago
Nov 03, 2022
Sell 174 K USD
Easom Eric
Chief Executive Officer
- 11082
15.6725 USD
2 years ago
Nov 03, 2022
Sell 49.4 K USD
Easom Eric
Chief Executive Officer
- 3083
16.0155 USD
2 years ago
Nov 04, 2022
Sell 139 K USD
Easom Eric
Chief Executive Officer
- 8828
15.7991 USD
2 years ago
Nov 07, 2022
Sell 162 K USD
Easom Eric
Chief Executive Officer
- 10167
15.9049 USD
2 years ago
Nov 07, 2022
Sell 34 K USD
Easom Eric
Chief Executive Officer
- 2036
16.7171 USD
2 years ago
Oct 31, 2022
Sell 41.4 K USD
Easom Eric
Chief Executive Officer
- 2688
15.3879 USD
2 years ago
Nov 02, 2022
Sell 23.3 K USD
Easom Eric
Chief Executive Officer
- 1544
15.0664 USD
2 years ago
Oct 27, 2022
Sell 14.2 K USD
Easom Eric
Chief Executive Officer
- 924
15.3571 USD
2 years ago
Oct 28, 2022
Sell 25.4 K USD
Easom Eric
Chief Executive Officer
- 1683
15.0876 USD
2 years ago
Oct 24, 2022
Sell 46.3 K USD
Easom Eric
Chief Executive Officer
- 2866
16.1701 USD
2 years ago
Oct 25, 2022
Sell 67 K USD
Easom Eric
Chief Executive Officer
- 4272
15.6883 USD
2 years ago
Oct 25, 2022
Sell 8.65 K USD
Easom Eric
Chief Executive Officer
- 534
16.2019 USD
2 years ago
Oct 26, 2022
Sell 25.3 K USD
Easom Eric
Chief Executive Officer
- 1678
15.1025 USD
2 years ago
Oct 20, 2022
Sell 121 K USD
Easom Eric
Chief Executive Officer
- 7262
16.6814 USD
2 years ago
Oct 20, 2022
Sell 532 USD
Easom Eric
Chief Executive Officer
- 31
17.1452 USD
2 years ago
Oct 21, 2022
Sell 189 K USD
Easom Eric
Chief Executive Officer
- 11601
16.2924 USD
2 years ago
Oct 21, 2022
Sell 39.2 K USD
Easom Eric
Chief Executive Officer
- 2350
16.6944 USD
2 years ago
Aug 04, 2022
Bought 799 USD
RA CAPITAL MANAGEMENT, L.P.
10 percent owner
+ 100
7.99 USD
2 years ago
Aug 03, 2022
Bought 13.5 K USD
RA CAPITAL MANAGEMENT, L.P.
10 percent owner
+ 1809
7.48 USD
2 years ago
Aug 03, 2022
Bought 13.5 K USD
Shah Rajeev M.
director:
+ 1809
7.48 USD
2 years ago
Jul 26, 2022
Bought 65.5 K USD
Shah Rajeev M.
director:
+ 8281
7.91 USD
2 years ago
Jul 27, 2022
Bought 65.5 K USD
RA CAPITAL MANAGEMENT, L.P.
10 percent owner
+ 8281
7.91 USD
2 years ago
Jul 26, 2022
Bought 115 K USD
RA CAPITAL MANAGEMENT, L.P.
10 percent owner
+ 14938
7.71 USD
2 years ago
Mar 29, 2022
Bought 2.5 M USD
Adjuvant Global Health Technology Fund, L.P.
10 percent owner
+ 166666
15 USD
2 years ago
Jun 21, 2022
Bought 2.41 K USD
Shah Rajeev M.
director:
+ 302
7.99 USD
2 years ago
Jun 21, 2022
Bought 2.41 K USD
RA CAPITAL MANAGEMENT, L.P.
10 percent owner
+ 302
7.99 USD
2 years ago
Jun 14, 2022
Bought 489 K USD
RA CAPITAL MANAGEMENT, L.P.
10 percent owner
+ 61424
7.9676 USD
2 years ago
Jun 13, 2022
Bought 158 K USD
RA CAPITAL MANAGEMENT, L.P.
10 percent owner
+ 20000
7.9 USD
2 years ago
Jun 13, 2022
Bought 158 K USD
Shah Rajeev M.
director:
+ 20000
7.9 USD
2 years ago
Mar 29, 2022
Bought 1.24 M USD
Readnour Robin Shane
director:
+ 82618
15 USD
2 years ago
Mar 29, 2022
Bought 2.5 M USD
Adjuvant Global Health Technology Fund DE, L.P.
director:
+ 166666
15 USD
2 years ago
Mar 29, 2022
Bought 2.5 M USD
Aziz Kabeer
director:
+ 166666
15 USD
2 years ago
Mar 29, 2022
Bought 23.3 M USD
RA CAPITAL MANAGEMENT, L.P.
10 percent owner
+ 1551053
15 USD
2 years ago
Mar 29, 2022
Bought 1.73 M USD
Shah Rajeev M.
director:
+ 115613
15 USD
2 years ago
Mar 29, 2022
Bought 1.73 M USD
RA CAPITAL MANAGEMENT, L.P.
10 percent owner
+ 115613
15 USD
7. News
AN2 Therapeutics to Participate at Upcoming Investor Conferences MENLO PARK, Calif.--(BUSINESS WIRE)--AN2 Therapeutics, Inc. (Nasdaq: ANTX), a biopharmaceutical company focused on discovering and developing novel small molecule therapeutics derived from its boron chemistry platform, today announced that company management will participate in two upcoming investor conferences in December. Details of the events are as follows: 7th Annual Evercore HealthCONx Conference, December 3-5, 2024 Eric Easom, Co-Founder, Chairman, President and CEO, will provide a corpo. businesswire.com - 2 days ago
AN2 Therapeutics Reports Third Quarter 2024 Financial Results, Provides Important EBO-301 Update and Highlights Progress Across Boron Chemistry Pipeline MENLO PARK, Calif.--(BUSINESS WIRE)--AN2 Therapeutics, Inc. (Nasdaq: ANTX), a biopharmaceutical company focused on discovering and developing novel small molecule therapeutics derived from its boron chemistry platform, today reported financial results for the quarter ended September 30, 2024 and provided an update from its ongoing analysis of data from the Phase 2 portion of the EBO-301 trial. “Treatment options for patients with refractory MAC lung disease are extremely limited. Many of these. businesswire.com - 3 days ago
AN2 Therapeutics Receives Continuation Grant to Discover Novel Boron Based Therapies for Tuberculosis (caused by Mycobacterium tuberculosis) and Malaria MENLO PARK, Calif.--(BUSINESS WIRE)--AN2 Therapeutics, Inc. (Nasdaq: ANTX), a biopharmaceutical company focused on discovering and developing novel small molecule therapeutics derived from its boron chemistry platform, today announced that the company has received a second year continuation of a research grant from the Bill & Melinda Gates Foundation to discover novel, boron containing small molecules for the treatment of tuberculosis (TB) and malaria. “We are appreciative of the Gates Foun. businesswire.com - 1 month ago
3 Penny Stocks To Buy With Just $750 Anyone with any experience as an investor knows that while penny stocks can produce strong returns, they're also risky. 247wallst.com - 1 month ago
AN2 Therapeutics (ANTX) Plunges 66% in a Month: Here's Why AN2 Therapeutics (ANTX) falls 66% in a month after terminating its mycobacterium avium complex lung disease study of epetraborole due to unsatisfactory efficacy results. zacks.com - 2 months ago
Why Is AN2 Therapeutics (ANTX) Stock Down 35% Today? AN2 Therapeutics (NASDAQ: ANTX ) stock is taking a beating on Friday after the company provided an update on its EBO-301 Phase 2/3 study. AN2 Therapeutics notes that information comes from the Phase 2 study of epetraborole as an optimized background regimen (OBR) in treatment-refractory MAC lung disease. investorplace.com - 3 months ago
AN2 Therapeutics Provides Update on EBO-301 Phase 2/3 Study Evaluating Epetraborole for Treatment-Refractory Mycobacterium avium Complex (MAC) Lung Disease MENLO PARK, Calif.--(BUSINESS WIRE)--AN2 Therapeutics, Inc. (Nasdaq: ANTX), a biopharmaceutical company focused on discovering and developing novel small molecule therapeutics derived from its boron chemistry platform today announced topline results from the Phase 2 part of the EBO-301 Phase 2/3 study evaluating epetraborole on top of an optimized background regimen (OBR) in treatment-refractory MAC lung disease. The Phase 2 part of the study met its primary objective of demonstrating the poten. businesswire.com - 3 months ago
Down -5.51% in 4 Weeks, Here's Why AN2 Therapeutics (ANTX) Looks Ripe for a Turnaround AN2 Therapeutics (ANTX) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term. zacks.com - 5 months ago
AN2 Therapeutics Reports First Quarter 2024 Financial Results and Recent Business and Scientific Highlights MENLO PARK, Calif.--(BUSINESS WIRE)--AN2 Therapeutics, Inc. (Nasdaq: ANTX), a clinical-stage biopharmaceutical company focused on developing treatments for rare, chronic, and serious infectious diseases with high unmet needs, today reported financial results for the quarter ended March 31, 2024. “The Phase 2 topline data, expected to be available in August, will include the first clinical efficacy data for epetraborole in patients with treatment-refractory MAC. The patients enrolled in EBO-301. businesswire.com - 6 months ago
AN2 Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Recent Business and Scientific Highlights MENLO PARK, Calif.--(BUSINESS WIRE)--AN2 Therapeutics, Inc. (Nasdaq: ANTX), a clinical-stage biopharmaceutical company focused on developing treatments for rare, chronic, and serious infectious diseases with high unmet needs, today reported financial results for the fourth quarter and year ended December 31, 2023. “AN2's cash position remains strong as we advance our innovative boron-based pipeline. Following the recent meeting of the independent Data Safety Monitoring Board, we continue to bel. businesswire.com - 7 months ago
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of AN2 Therapeutics, Inc. - ANTX NEW YORK , March 11, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of AN2 Therapeutics, Inc. ("AN2" or the "Company") (NASDAQ: ANTX).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. prnewswire.com - 8 months ago
Levi & Korsinsky, LLP Investigates Possible Securities Fraud Violations by AN2 Therapeutics, Inc. (ANTX) NEW YORK, NY / ACCESSWIRE / March 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of AN2 Therapeutics, Inc. ("AN2 Therapeutics") (NASDAQ:ANTX) concerning possible violations of federal securities laws. Before the market open on February 12, 2024, AN2 Therapeutics announced a pause in Phase 3 enrollment in its seamless Phase 2/3 clinical trial (EBO-301) evaluating epetraborole in treatment-refractory MAC lung disease, pending further data review. accesswire.com - 8 months ago
8. Profile Summary

AN2 Therapeutics, Inc. ANTX

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 29.8 M
Dividend Yield 0.00%
Description AN2 Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on developing treatments for rare, chronic, and serious infectious diseases. It is developing epetraborole, a once-daily oral treatment for patients with chronic non-tuberculous mycobacterial lung disease. The company was incorporated in 2017 and is headquartered in Menlo Park, California.
Contact 1800 El Camino Real, Menlo Park, CA, 94027 https://www.an2therapeutics.com
IPO Date March 25, 2022
Employees 41
Officers Dr. George Harrison Talbot FACP, M.D. Co-Founder & Senior Clinical Advisor Dr. Michael R. K. Alley Ph.D. Co-Founder & Head of Biology Mr. Joseph S. Zakrzewski Co-Founder & Chairman of the Board Dr. Sanjay Chanda Ph.D. Chief Development Officer Mr. Eric E. Easom Co-Founder, Chief Executive Officer, President & Chairman of the Board Ms. Lucy O. Day CPA Chief Financial Officer, Principal Financial Officer & Principal Accounting Officer