Kyle Gallagher: Yes. Thanks a lot guys. Appreciate it. And it’s been really fun to watch the development of the company here and bringing these new technologies online. So, thanks again guys.
Mark Jensen: Thank you for your time.
Operator: Thank you. Our final questions in from the line of Derrick Stone, private investor. Please proceed with your questions.
Derrick Stone: Concerning the ReElement, can you tell us with €“ for the SEC filing, is there any more input required from American Resources, or any kind of additional feedback that might €“ what that means for the timing of the spin off?
Mark Jensen: Yes. So, we filed the initial Form 10. The SEC came back with some very good questions, just pretty standard questions, just understanding how the management team would work and stuff of that nature. We have responded to those questions, but we are also waiting to €“ we have had those answers and ready to re-file it. But the filing would stale without our fourth quarter numbers in there. So, we needed a way for our audit. So, are we intend within the next week to re-file that again. We think it could happen pretty quickly from there. Their questions were relatively standard. I can’t go into too much detail, but nothing that would prevent this from happening. But it was just we are working through that process. We needed to get the 10-K filed and now that we have got that filed, and we can re-file the amended Form 10 to push that through to fruition.
Tom Sauve: I can add some additional comments Derrick as well. I mean as we work through that SEC comment process. Like Mark said there was nothing catastrophic in those questions or comments and we continue to work. And it’s hard to comment on the timing of that process. But I will say that are €“ we are focused on from spinning out the ReElement Technology is creating value for our shareholders. This is not an exercise of speed. This is an exercise of value. We feel really good about where the ReElement division stands as far as the spin out goes as well. We want to make sure that we do right for all of our shareholders and extracting the commensurate value, which we think is worth and Mark said we €“ our intention is to build ReElement into a multibillion dollar company.
We think we have the team and we think we have a line of sight to do that. And we want that to be represented in the value of the spin out, just not €“ we just don’t want to spin it out for the sake of speed. We want to spin it out for the sake of extracting value for all of our shareholders.
Derrick Stone: So, could there be another round of questions from the SEC, when you re-file?
Tom Sauve: It’s hard to say, we can’t. It’s absolutely, that’s definitely a possibility. But lots of wait and see.
Derrick Stone: And is there going to be a situation where you then have to wait for a 10-Q for the first quarter and re-file again. Is it just the 10-K for once a year that cause that?
Tom Sauve: It’s hard to speak on the timing of it. Yes.
Mark Jensen: Yes, it’s hard. I mean I wish we could give you a lot of clarity on that. If the 10-Q would need to be re-filed, if there is €“ so by the time that it would come out, again, with the numbers go sale potentially. We hope to move quickly. But we €“ and obviously, we believe it’s in the best interest of the investors to do it. We will move it as quickly as we possibly can, but the SEC is going to do what it does. And we appreciate the fact that what they do. I mean they are although protecting all of us. So, they will run their process. We will respond as expeditiously as we can to answer their questions, should they have any additional questions and push this process forward as quickly as we possibly can.
