Clear Art Reserve

“I believe we're in the 1.5 to two million at least present day.”

“So we don't call it fund because we're not, the way we've structured it is we are not registered with in the States as SEC, the Ontario, like Ontario and Canadian securities commissions.”

“We just acquired a piece of blue chip that is a smaller work and it's like 20,000.”

“No. I'm not, I don't want to yet. We're too new and I, and they're honestly every piece that people want is because they're so desirable.”

“We take a one and a half percent fee per year, which basically pays for storage insurance any moving around of the pieces or anything.”

“Yeah, it'll be about 10% of the upside depending on the piece. Yeah. But yeah, call it 10. So, and I know hedge funds a lot of times, again, because I come from the hedge fund world, they'll take a 22, right? So, it could go to 20, but more likely on, it'll mo…”

“Because we're having these conversations now, 10 and a hundred million dollars a month.”

“A lot of the pieces when we buy them, we immediately, because we have that information, They'll immediately be bumped up by 20, 30%. And that's just even before we've even deployed the capital out to whoever we're buying it from. So we usually will buy in that…”