So what we ask for in cryptocurrencies is de minimus relative to what actually happened. It was earth shattering at that time. So anyway, I was going mention HK Hard Assets is the last thing, and we’ll take the questions. So HK Hard Assets, we’re building it up. Remember its purpose is to be, to get other investments not revealing what the investments are and we are approaching the $4 million mark in money in HK Hard Assets. Who’s in HK Hard assets? FRMO, me, a company called Horizon Common, some other partners in Horizon. So we’ve just started ourselves and we’ll build it up in the way we built HK Hard Assets to up, designed to benefit from inflation and I think that’s happening.
Mesabi Trust: And I am reliably informed by people who know about this subject that the SEC had objections to listing such an enterprise on the New York Stock Exchange. And you could see it from their point of view, it’s not really a business of course. It is a business and the way I look at it, and of course it is listed in New York Stock Exchange and has been for more than half a century and it’s now no longer controversial.
Mesabi Trust: And I am reliably informed by people who know about this subject that the SEC had objections to listing such an enterprise on the New York Stock Exchange. And you could see it from their point of view, it’s not really a business of course. It is a business and the way I look at it, and of course it is listed in New York Stock Exchange and has been for more than half a century and it’s now no longer controversial.
Mesabi Trust: And I am reliably informed by people who know about this subject that the SEC had objections to listing such an enterprise on the New York Stock Exchange. And you could see it from their point of view, it’s not really a business of course. It is a business and the way I look at it, and of course it is listed in New York Stock Exchange and has been for more than half a century and it’s now no longer controversial.
Mesabi Trust: And I am reliably informed by people who know about this subject that the SEC had objections to listing such an enterprise on the New York Stock Exchange. And you could see it from their point of view, it’s not really a business of course. It is a business and the way I look at it, and of course it is listed in New York Stock Exchange and has been for more than half a century and it’s now no longer controversial.
Mesabi Trust: And I am reliably informed by people who know about this subject that the SEC had objections to listing such an enterprise on the New York Stock Exchange. And you could see it from their point of view, it’s not really a business of course. It is a business and the way I look at it, and of course it is listed in New York Stock Exchange and has been for more than half a century and it’s now no longer controversial.
Mesabi Trust:
Steven Bregman: By all means.
Murray Stahl: Okay Thérèse, if you could facilitate that, read the question and we’ll endeavor to give the best answer we can to the subject.
Thérèse Byars: It will be my pleasure. The first question, what are the revenues that FRMO receives from its ownership interest in HK LLC revenue stream that is valued on the balance sheet at $10.2 million? Is this figure a straight flow through to FRMO’s bottom line or is it offset by any cost/taxes? Now this does this figure very much. Do you want to answer? There’s more, but
