FINANCIALS

Period: Q1/2024
Filling Date: 2024-05-13
REVENUE:
Revenue: $10.61M
Gross Profit: $4.01M (37.76%)
Result: $-790 557 (ebitda)
EPS: $-0.130
Outstanding Shares: 6.22M
BALANCE:
Cash: 13.53M
Debt: 1.55M
FINANCIAL EVALUATION/SCORE:
Financial Score - Altman: 8.57
Financial Score - Piotroski: 4.00
Leatt Corporation's price movement correlates with the following stocks:
Ticker Correlation --- ---
Summary Of Last Earnings call:
In the first quarter of 2024, Leatt Corporation reported a 19% decrease in total global revenues compared to the same period in 2023, primarily driven by a decrease in sales to distributors. However, consumer direct and dealer direct sales showed solid improvement, with the recently launched Adventure (ADV) line of products generating promising initial shipments. Despite industry challenges, Leatt remains optimistic about future growth, profitability, and shareholder value due to their expanding product portfolio, financial stability, and growing multichannel sales organization.
The company's focus on stabilizing inventory levels, improving margins, and strategic hiring of new talent, particularly in the US market, positions them well for continued growth. Efforts to develop the ADV line have been successful, with plans to release additional products like boots and gloves in the near future. Despite challenges in certain regions and product categories, Leatt's strong financial position, innovative products, and dedicated team of sales and marketing professionals give them confidence in their ability to return to sustained growth.
Company Description:
Leatt Corporation designs, develops, markets, and distributes personal protective equipment for participants of motor sports and leisure activities worldwide. The company offers Leatt-Brace system, an injection molded neck protection system designed to prevent injuries to the cervical spine and neck. It also provides helmets for head and brain protection; and body armor range, including chest protectors, full upper body protectors, upper body protection vests, back protectors, knee braces, knee and elbow guards, impact shorts and cooling vests, off-road motorcycle boots, and mountain biking shoes. In addition, the company offers other products, parts, and accessories, such as goggles; toolbelt, duffel, gear, helmet, and hydration bags; casual clothing and caps; hats; and apparels that comprises jackets, jerseys, pants, shorts, socks, and gloves, as well as aftermarket support products. Further, it acts as the original equipment manufacturer for neck braces sold by other brands. The company's products are used by riders of motorcycles, bicycles, snowmobiles, and ATVs, as well as motor racing cars and other helmeted sports. It sells its products to customers through a network of distributors and retailers; and through its online store at leatt.com. The company was formerly known as Treadzone, Inc. and changed its name to Leatt Corporation in May 2005. The company was founded in 2001 and is headquartered in Durbanville, South Africa.
Full fundamentals fundamentals for LEAT here.

Hey all,
A friend and I got a permit for Angels Landing for the end of June. We have the before 9am time slot. We know it's going to be hot, we know it's going to be a challenge. But we are going to give it a red hot crack. We are coming from Australia so wanting to get it right. We aren't experienced hikers. However, We have done Yosemite Upper falls and Big beehive at Lake Louise trails last year, a 40km day trek in Aus as well as weekly 10-15km hikes locally. Just not anything like this before, so since getting the permit we are panicking a little and want to be prepared +++
Wanting some information on a few areas if possible from people who have done it. - How long is the hike from the shuttle to the permit section? - The chain section, how difficult is it really? I know it's high and narrow and has chains, but how much are we actually pulling ourselves up and over things? - Will we need gloves? - How much water should we take? - Gatorade and water? - Any and all other information and advice would be appreciated
Cheers

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A true sports parent dies twice. There’s the death that awaits us all at the end of a long or short life, the result of illness, misadventure, fire, falling object, hydroplaning car, or derailing train. But there is also the death that comes in the midst of life, the purgatorial purposelessness that follows the final season on the sidelines or in the bleachers, when your sports kid hangs up their skates, cleats, or spikes after that last game.
The passage of time is woeful, and, for a parent, living your dreams through the progress of your progeny is as inevitable as the turning of the Earth. But the sports parent lives the experience in concentrate—a more intense version of the common predicament. You must give up your vicarious hope of big-league glory and let it die. You must part from what, if your kid pursued his passion seriously, had become a routine of away games and early-morning practices, hours in the car, a hot cup of coffee in your cold hand as the sun rose above the Wonderland of Ice, in Bridgeport, Connecticut; the Ice Arena in Brewster, New York; the Ice Vault, in Wayne, New Jersey—home of the Hitmen, whose logo is a pin-striped gangster with a hockey stick. And you’ll suddenly find yourself watching the Stanley Cup playoffs not in the way of a civilian but with the chagrin of knowing that the game’s upper ranks will never include your kid.
One recent morning, courtesy of Facebook Memories, I came across an old picture of my son, a high-school junior who recently announced his decision to quit hockey—to retire! The photo was taken by teammates after a victory at Lake Placid, New York. Sweat-soaked, draped in the arms of friends, grinning like a thief, he looked no less ecstatic than Mike Eruzione after he and his team won Olympic gold in the same arena in 1980.
And me? I was this Eruzione’s old man, waiting with the other parents outside the locker room, experiencing a moment of satisfaction greater than any other I’d known, either as a player or as a fan. I was a car in park with the accelerator pressed to the floor. I was a wall bathed in sunlight. This win was better than the Illinois State Championship I won with the Deerfield Falcons, in 1977. It was better than the Bears’ 1986 Super Bowl victory.
Bears’ 1986 Super Bowl victory.
Read: I thought I’d found a cheat code for parenting
The end began like this: One evening, after the last game of the high-school season, I asked my son if he’d be trying out for spring league. For a youth-hockey kid, playing spring league is the equivalent of a minor-league pitcher playing winter ball in Mexico—so necessary as a statement of intent and means of improvement that forgoing it is like giving up “the path.” Rather than a simple affirmative nod, as I’d expected, I got these words: “I’m going to think about it.” Think about it? For me, this was the same as a girlfriend saying, “We need to talk.”
Only later did I realize that those words were the first move in a careful choreography. My son wanted to quit, but in a way that would not break my heart. He also didn’t want me to rant and rave and try to talk him out of it.
We had reversed roles. He was the adult. I was the child.
He knew he would not be playing college hockey even if he could. With this in mind, he had decided to use his final year of high school to get to know people other than hockey players and spend time in places other than hockey rinks. In the way of a pro with iffy knees nearing the age of 35, he had decided to exit on his own terms. He was not worrying about losing his identity as a player or about missing the camaraderie of the locker room; he was worrying about me. Hockey had been an entire epoch of our father-son life. It had ushered me, the sports parent, out of my 30s, through my 40s, and into my 50s.
.... Because I am human, I tend to blame entities or systems or other people for things that strike me as unfair. As my son progressed, I caught a glimpse, for one fabulous, deluded moment, of the life that he (we, I) would never live: high-school athletic stardom followed by college triumph and possibly even a professional-hockey career. That I knew this was a fantasy—he was never that good—did not make it less powerful. Lost in it, I experienced my life as an NHL fan with new intensity. I was not just watching the Blackhawks; I was scouting, picking up tricks that I could pass to my glory-bound boy. This was a dream that I was too embarrassed to share with anyone, even my wife. I regarded it the way members of the Free French regarded the liberation of Paris: Think of it always; speak of it never. In short, I lost my way. Rather than letting him enjoy the moment and the fact that these seasons were his career, not a preparation or a path toward one, I was constantly scheming about his next move, his next opportunity, his next shot at the big time.
Here’s the worst part: I knew exactly what I was doing. I was attempting to replace my kid’s will with my own. I knew that it was wrong and, worse, counterproductive. The more I pressed, the less he enjoyed the game. The less he enjoyed the game, the worse he played. The worse he played, the more I pressed. Economists call this a negative feedback loop. I knew it but could not stop. It was psychosis.
Maybe the most notorious sports parents suffer from a shared psychological condition. LaVar Ball, Emmanuel Agassi, Earl Woods—those sports dads were all obsessed to the point of being abusive. I prefer to think that I am not; yet, for all the varying degrees of our kid’s success, our predicament is the same. At some point, even if it comes after 20 years in the pros, the set will be rolled away, revealing our true location. Rink parking lot. Beat-up vehicle. Alone. Even the child prodigies will retire.
https://www.theatlantic.com/ideas/archive/2024/05/ice-hockey-sports-parent/678347/

QYResearch released the latest report Global E-cigarette Market Outlook: 2024-2030 that presents a grand panorama of a thriving e-cigarette market. In the coming years, the e-cigarette market is projected to continue its robust growth trajectory at a steady annual rate of 8.7%. By 2030, its size is expected to soar to a remarkable $44.87 billion, showcasing the thriving potential and boundless business opportunities in the e-cigarette industry. The research data reveals the competitive landscape of the global e-cigarette market in 2023. In 2023, those top ten e-cigarette manufacturers collectively hold a significant share of 43.0% in the global e-cigarette market. Among them, these renowned brands include British American Tobacco, ELFBAR, Altria (Juul Labs), SKE Crystal, Imperial Tobacco, RELX, Japan Tobacco, MOTI, Boulder, and Smoore International, etc. The following chart illustrates the specific percentage of each global leading market share:
In 2024, which e-cigarette brand will make it to the list, and which one will drop off?
SMOANT and ANTBAR, two best vape brands with a decade-long history in e-cigarette research, production, and sales, which have a great potential and change to catch attention and make the ranking!
In terms of the division of the global e-cigarette market based on QYResearch’s research data, the offline channels have become the main driver of demand, accounting for approximately 82.8% of the market share indicating the core position and significant influence of offline channels in e-cigarette sales.

Last week in a post-deleted by the OP, there was discussion about how there is no point in stockpiling antibiotics and any attemps for lay people to practice any form of health care in a widespread grid down disaster was a waste of time
Myself and some colleagues wrote: Survival and Austere Medicine
Edit. New link. in a post below.
We are slowing working on a 4th edition with some new material and minor corrections - but it is taking longer than we thought!
But I thought given the above post, I would take the opportunity to post the introduction - which address the "why bother" question for a major long-term grid down situation. Apologies for the formatting and length
"There is a sense, when considering the issues around survival medicine practice, that everything is overwhelming, that it is impossible for lay people to provide a high level of medical care and maintain a high level of population health.
We don’t think this is the case at all. We believe that intelligent lay people with some basic medical knowledge, skills, and equipment can deliver high quality health care. While it is obviously impossible for lay people to safely and competently deal with every medical problem, and there remain many complicated diagnoses requiring equally complicated or technologically advanced treatments, for 80- 90% of the health problems afflicting humanity, simple things done well are all that is required to preserve life and limb and help alleviate suffering.
Consider the following:
1. Remote Medicine Practice:
Below are the results of one of our author’s experience in the provision of health care in various remote and austere locations (some third world, some first world) to nearly four thousand people over a cumulative 30-month period (spread over 18 years) – with more data there are few minor changes from the 2005 2nd edition, but the list is essentially the same – which is interesting. The record keeping was a bit unreliable at times, but the following summary is reasonably accurate.
Top 20 presentations (representing > 95% of consultations):
1. Minor musculoskeletal injuries - ankle sprains most common, included many minor fractures which didn’t require more than diagnosis and simple care
2. Upper respiratory tract infections
3. Allergic reactions/Hay feveAnaphylactic reactions/Rashes
4. Minor open wounds – included a mix of lacerations needing closure, many needing
cleaning and advice only, and some infected wounds
5. Gastroenteritis/Vomiting/Diarrhoea
6. Mental health problems
7. Sexual health/Contraceptive problems
8. Skin infections/Cellulitis
9. Dental problems
10. Abdominal pain - 4 confirmed acute appendix (2 treated with IV antibiotics and
subsequent delayed appendix removal / 2 required evacuation) + 1 gangrenous gall bladder. Many were "no cause found". Of the remainder with a clear diagnosis the most common were renal or biliary colic)
11. Fever /Viral illness
12. Chest infections
13. Major musculoskeletal injuries (fractures/dislocations)
14. Asthma
15. Ear infections
16. Urinary tract infections
17. Burns – mostly partial thickness within the realms of management in the environment the
patient was in. Several required evacuations. Several required rehabilitation due to location and sub-optimal initial treatment.
18. Chest pain
19. Syncope/Collapse/Faints
20. Early pregnancy problems
Major trauma was uncommon but was seen including several fractured femurs and a dozen cases of multi-system severe trauma resulting in a mix of in-country surgery and evacuations
Top 12 prescribed drugs (representing >90% of medications prescribed):
1. Paracetamol (Acetaminophen)
2. Loratadine (and other assorted antihistamines)
3. Diclofenac (and other assorted antiinflammatories)
4. Combined oral contraceptive
5. Flucloxacillin
6. Throat lozenges
7. Augmentin (Amoxycillin + clavulanic acid)
8. Loperamide
9. Nystatin (and other antifungals)
10. Hydrocortisonecream
11. Ventolininhalers(Salbutamol/Albuterol)
12. Morphine
What is of note here is that the clear majority of problems dealt with are simple and straight forward – there is still potential for serious consequences but there is scope for a well-informed lay person with a basic knowledge and access to a reasonable collection of reference books to provide reasonable care. Equally the vast majority of medication prescribed are from a very narrow well defined list – despite the fact 1000’s of drugs are on the market – the list of core lifesaving or comfort preserving ones is relatively brief.
2. Why children die
The World Health Organization (WHO) has identified the following conditions as having contributed to >75% of worldwide deaths in the under 5-year age group (in no particular order):
Pneumonia Pneumonia is an infection of lungs. Prevention of this condition is somewhat limited – although good nutrition, clean and warm housing, and a reduction in the exposure to respiratory irritants (smoke) all can help. However, the most common bacteria which cause pneumonia are frequently sensitive to penicillin – which is discussed later in the book and can be produced in a low-tech environment.
Diarrhea Death from diarrhea (dehydration) is almost 100% preventable with appropriate use of oral rehydration therapy. Dirty water or poor food handling causes much diarrhea – this can be virtually eliminated by proper hygiene practices and care with drinking water.


Pre-term delivery While we are limited in the direct interventions available in an austere environment to mitigate this problem contributing factors to early labor are young age, malnutrition, smoking, poor maternal health, so there is scope for indirect intervention based on optimizing mum’s health and environment. For babies who are born prematurely the necessities of life are warmth and breast milk. With attention to detail for both things, it is possible for infants as young as 33-34 weeks to survive without high-tech intervention.
Malaria. Prevention is better than a cure, knowledge about clearing stagnant water, mosquito nets and long sleeved clothes can significantly reduce the risk. Equally quinine is derived from the bark of the Chincona tree and the Chinese have been using the herb, Artemisinin, effectively for the treatment of Malaria for years. So, while not as easy to treat or prevent as diarrhea, there is still scope for significant reduction in death rates in low-tech ways.
Blood infection Blood infection or septicemia is rapidly fatal. The ability to intervene depends on the cause of the infection and antibiotics available. Broadly, infections causing septicemia can originate from the skin, the lungs, the kidneys or bladder, and the abdominal contents. While specific treatments for these may be lacking in an austere environment – all have prevention strategies and basic low-tech treatments that can be lifesaving when applied appropriately.
Lack of oxygen at birth Of these problems, this is the one with probably the least scope for impact. Unfortunately, even if foetal distress is detected during labor (with heart beat monitoring or signs of distress like meconium), without the ability to deliver the baby quickly options are limited. That said, a caesarian section is not a massively complicated operation (and discussed in Chapter 10), and in parts of the third world is performed by trained lay people with safety and success.
Measles Again, there is limited scope to intervene directly with the disease. Measles is always around and while vaccination reduced the incidence of epidemics, sporadic cases still occur. In the absence of vaccinations epidemics of measles every few years will be inevitable. There is however some scope to minimize the spread during an epidemic with isolation and respiratory precautions during outbreaks. While some of the serious neurological complications are unavoidable in a
Prevention is better than a cure, knowledge about clearing stagnant water, mosquito nets and long sleeved clothes can significantly reduce the risk. Equally quinine is derived from the bark of the Chincona tree and the Chinese have been using the herb, Artemisinin, effectively for the treatment of Malaria for years. So, while not as easy to treat or prevent as diarrhea, there is still scope for significant reduction in death rates in low-tech ways. small number of patients, basic care such as maintaining hydration can also prevent complications such as dehydration.
Neonatal tetanus The prevention of neonatal tetanus is easy. You don’t let the site where the umbilical cord attaches to the baby get dirty. It is as simple as that.
HIV/AIDS Prevention of maternal infection is the key to prevention of infection of newborns. The steps required to prevent exposure to the HIV virus are widely known: abstinence (not undertaking sexual activity), monogamy (maintaining a single sex partner rather than multiple) and if neither is a palatable option, then safe sexual practices.
Most the conditions above have an element of either preventability or the ability to be treated to some degree in an austere environment and significant improvements in mortality and morbidity can be made.

3. The greatest advances in medicine
Several years ago the British Medical Journal ran a poll trying to identify top medical advances of the last 200 years. The following is the top 12 from that poll:
Sanitation 1st Antibiotics 2nd Anaesthesia 3rd Vaccines 4th DNA 5th Germ theory 6th = The oral contraceptive 6^th = Evidence based medicine 8th Imaging 9th Computers 10th Oral rehydration therapy 11th Smoking cessation 12th =
Just as with our discussion above about the causes of childhood deaths, this list is introduced to show just how much impact a very basic health care knowledge can have in terms of optimising health in a post-disaster or austere situation.
Of the biggest advances of medicine in the last 200 years, between 7 to 9 (depending on your knowledge and available resources) of the 12 can be applied to care in a austere situation. In particular, the knowledge of sanitation, germ theory, oral rehydration therapy, and simple manufactured antibiotics and anaesthetic agents all have the potential to be able to be continued to be applied in a post-disaster situation and to continue to contribute to a high quality of low-tech health care. In the same way that we can substantially reduce childhood death rates in a low tech post-disaster situation, we can still continue to have access to some of the biggest advances in medicine even at the end of the world.
4. Surgery in the third world
A non-specialist surgeon working at a isolated bush hospital in Papua New Guinea published his experience of Emergency Surgery over a 14 month period (similar articles have been published with similar data):
Emergency Surgery 243
Tendon repair 33 Open orthopaedics 32 Dilation and curettage 31 General surgery 29 Incision and drainage 26 Laceration repair 26 Obstetrics 23 Manipulation under anaesthesia 15 Urology 15 Gynaecology 9 Ear, nose and throat 2
Emergency anaesthesia 243
Ketamine – spontaneous breathing 166 Local anaesthesia 33 Ketamine – ventilated 16 Spinal anaesthesia 12 Propofol / thiopentone 10 Epidural 5 Epidural / GA 1
The point of this reference is to help illustrate what someone can achieve in primitive conditions with no formal surgical training and no dedicated anaesthetist. We are not suggesting that the average layperson can safely practice to this extent or breadth of surgery, but it does demonstrate that a non-surgeon can achieve much. It also shows that most anaesthetics for surgery in an austere situation can be done under local or ketamine anaesthetics.
Why this is relevant?
Each of these four references gives you insights, one way or another, into low-tech austere health care. First, it gives you an insight into the likely clinical problems that you may see in a survival situation, and how much can be dealt with in that sort of austere environment. Second, it demonstrates how medically speaking it is the small things and simple knowledge which save lives and some of the biggest killers can be mitigated with these relatively low level interventions or strategies.
In our opening summary – “Medicine at that end of the world”, we describe a pretty bleak medical reality post-SHTF. Will million’s really die from lack of access to modern heath care as we have alleged?
The short answer is yes – many will die much sooner than they otherwise would have, from disease and injury, which currently are not immediately fatal. But the answer is not nearly that simple nor bleak. The reality is that while cancer, diabetes, malnutrition or serious injury may claim many of its victim’s sooner than with today’s health care, most health problems can be treated or mitigated to a degree in a low- tech environment, with a narrow range of medications and interventions – including some cancers, non- insulin requiring diabetes and many major traumatic injuries.
Most medical problems are relatively mundane and not life threatening. Truly catastrophic problems in medicine are fortunately rare. You should focus on learning and preparing to deal with the common problems, and doing common procedures well, and you will save lives, and possibly also improve the quality of those lives.
There will be a significant change to health care but with knowledge and some preparation it isn’t quite as dire as many (including our own opening paragraph) predict. "

Heres my idea for an open world crime based action adventure game:
I want a modern open world game with modern graphics, modern physics, driving and combat mechanics, the whole 9 yards, but it takes place in New Orleans LA in the Early 2000’s, the game would have hundreds and hundreds of licensed cars, licensed songs ALL period correct and as many licensed brands as i can get in the game to make the setting more resemble real life, we’ve seen so many fantasy brands and fake cities and companies based off real life companies and i want to change that, i want all electronics of the era to be 100% accessible and usable in the game, everything from Motorola Razr’s, PDA’s, Laptops and The Internet in FULL early 2000’s style, Alpine and Sony X-Plod Car Headunits etc
Im going to say this now: there would be ZERO references or mentions of Hurricane Katrina in this game, the timeline would be 2002 to Summer 2005 before Katrina, Katrina wouldn’t be mentioned as it wouldn’t exist
The story is about a young transgender woman in her 20’s who lives in the Lower 9th Ward of New Orleans, she drives a beat up 80’s-Early 90’s Pontiac at the start of the game and lives with her sister, at the beginning of the game nobody respects her, misgenders her and deadnames her, the idea is to hit the nail on the head with how trans people are treated on a daily basis, she progresses through the underground hustling ranks of New Orleans after being offered a job and proves to be someone who will go to great lengths to get the job done, everything from street racing in a scene that fully captures Early 2000’s tuner culture, winning cars in pinkslip races, shootouts from deals gone bad in nightclubs, encounters with corrupt police officers etc, at the end of the game shes a wealthy kingpin in the city and has earned the respect of mostly everyone and everyone speaks highly of her, i also want to slip in alot of little references to games and franchises i love like Earthbound, Clock Tower, Tony Hawk’s Underground 2, 2 Fast 2 Furious, Bad Boys, Need For Speed etc and make the user interface and menus feel like its from the Early 2000’s but also pay homage and respect to New Orleans Mardi Gras and jazz culture and for the world to be crammed full of life with NPC’s, animals, weather, random events, random encounters and interactions and basically how it would be in real life
The map i want to be the most accurate virtual recreation of New Orleans ever done just circa 2002-2005, i want as many enterable interiors in the game as possible, i want to include everything from Jazzland Theme Park, the Bayou areas, Lake Pontchatrain, East New Orleans, The SuperDome, the then New Orleans Arena next door, Shopping Malls, Car Dealerships for each brand in the game, Upper class Neighborhoods, Trailer Parks, Nightclubs, bars and of course the French quarter and Canal Street
I also want to take customization to a whole new level, give a Sims like ability to customize, furnish and build your home and character however you like, and of course the Early 2000’s fashion will be in full swing here, i want the most in-depth car customization of any game ever, its the early 2000’s after all, i want body kits, bumpers, hoods, wings, headlights and tail lights, the ability to customize the headunit in your car, put subwoofers in the trunk, rims, spinners, donks, lambo doors, underglow and of course in depth performance upgrades ALL parts be name brand, like Bomex body kits, TYC tail lights, JL Audio Amps, Subwoofers, Lowenhart, Lexani, Asanti, DUB and TIS rims, APR aluminum wings etc, i basically want to make the customization in Need For Speed Underground 2 look like a mobile game
And the car list, i want to have over 600 fully licensed cars in the game minimum and be fully customizable down to every single part, since the plot of the game starts in 2002 and ends in 2005, i want NOTHING newer than 2006 in the game
Cadillac Escalade, Hummer H2 and Chrysler 300C are a must, but i also want to have the 99-04 Mustang, both V6 and GT, Ferrari 360 Modena, Spider and Challenge Stradale, Ferrari 550, Lamborghini Murcièlago and Gallardo, but also include more common lesser loved cars like the Chevy Cavalier, Pontiac Sunfire, Pontiac Grand Am, Geo Metro, Dodge Neon, Chrysler Concorde, Chevy Celebrity, Ford Taurus etc, and of course i’ll have bikes, boats, planes, helicopters and all other types of vehicles
Yeah its a GTA/Saints Row type game, but i want to raise the bar, push boundaries and do something different thats never been done before

Album first: https://imgur.com/a/wj9xMdd (I've got no idea why you need to verify your age, I swear it's just boots)
Pics from the manufacturer: Pics
Why Mexican boots? Because I live in Mexico, and they are more affordable and easy to find than other options. Besides, I get to support local business, and that is a big plus for me. Obviously, English is not my first language, so bear with me.
Disclaimer: This review has been completely sponsored by my compulsive shopping. I have not received any free boots or discounts, but if someone wants to give a free pair of boots, my feet are ready.

Brand: Varonte

Varonte is a Mexican brand of shoes/boots with a made to order model. As far as I know, they don't ship outside of Mexico, but you can always ask. One of the advantage of these small brands is that they are really flexible.
These were my first boots and in general my first pair of goodyear welted shoes. I paid around $100 USD for these boots. Most of the shoes/boots they sell go for $100-$130 which is really cheap for a goodyear welted shoe.
Website: https://www.varonte.com/collections/catalogo
Social media: https://www.instagram.com/varonte_shoes/

The good:

These boots are made almost entirely of leather. Leather uppers, leather lining, leather sole with a half rubber sole. There seems to be a foam layer underneath the insole. They were comfortable right out of the box, no break in required. I liked the folded leather edges. The QC seems wonderful for the price point. Overall seems like really good value for the money.

The could-be-better:

The upper's leather seems really thin. I didn't find any information about the leather, but chrome-tanned for sure. There's no gusseted tongue, so It slips to the side. I'm sure that's not an issue with the boot per se, but I wish it had a gusseted tongue to avoid that. They had a hand painted patina that I wasn't a fan of, but I used a burgundy shoe cream and is much less noticeable now. The laces they came with seemed really cheap, I changed them for some waxed flat cotton laces from Amazon.

Would I buy from Varonte again:

Sure, great value for the price and several different models to choose from. If I had to buy from them today, I would contact them to ask for a custom shoe with thicker leather, no hand-painted patina, contrasting-color stitching and gusseted tongue.

The important questions:

Are they better than Thursday? No idea, I don't own a pair of Thursday boots but I will update the post once Thursday sponsors me.
What about sizing?>! These were my first boots, so I kind of screwed up and orderer my sneaker size. They are slightly big for me (maybe half size) but that's my fault. It's a D last for sure.!<
Would you say these boots are perfect for getting black-out drunk while drinking red wine? Yes, I think they would hide a red wine stain perfectly. Just wear them with some burgundy pants, bugundy socks and a burgundy shirt and you're good to go.

My girlfriend and I are both sales people and are looking to supplement our income by expanding into the vending machine trade.
We are based in the Austin, Texas area and are looking into a model involving adult vending machines. (e-cigarettes, hemp products, 5 hour energy, gum, condoms, phone chargers) for 21+ venues. We're working with a lawyer who specializes in compliance as we know e-cigarettes are a legal grey area.
The biggest gap in our knowledge is the technical and vendor component. We understand that outside of location the biggest mistake you can make early on is equipment- we are looking for someone who would be willing to chat with us for 30 minutes about the best machines to use for Nayax card readers and where is typically best to source. We've looked into importing from China but are a little nervous although we've heard good things about a few particular brands and figure most machines aren't manufactured stateside in the first place.
If anyone with longterm experience is willing, please send a DM or comment below. We'd be happy to send an Amazon gift card as a token of our appreciation.

My girlfriend and I are both sales people and are looking to supplement our income by expanding into the vending machine trade.
We are based in the Austin, Texas area and are looking into a model involving adult vending machines. (e-cigarettes, hemp products, 5 hour energy, gum, condoms, phone chargers) for 21+ venues. We're working with a lawyer who specializes in compliance as we know e-cigarettes are a legal grey area.
The biggest gap in our knowledge is the technical and vendor component. We understand that outside of location the biggest mistake you can make early on is equipment- we are looking for someone who would be willing to chat with us for 30 minutes about the best machines to use for Nayax card readers and where is typically best to source. We've looked into importing from China but are a little nervous although we've heard good things about a few particular brands and figure most machines aren't manufactured stateside in the first place.
If anyone with longterm experience is willing, please send a DM or comment below. We'd be happy to send an Amazon gift card as a token of our appreciation.

Me and my friend are working on a skincare startup, I have all the technical knowledge and he has all the product knowledge.
The product needs to be manufactured, and we have had a lot of discussions with the manufacturer to design the formulations and packaging.
We also are integrating AI into it so I am handling that part. Our main target market is India as there are too many gaps to fill and the upper middle and upper class population spends way too much on their skincare needs and we come in fill that gap and take the market.
But the thing is, we need funds for manufacturing the product and launching it into the market.
So I want to know, how to raise pre-seed funding round?
We have tried creating our pitch deck as well.
Can anyone guide me please

High Fat? Low Fat? Minimal Fat? that is the question
My main purpose for Carnivore WOE is for dropping excess poundage for a healthy vibrant weight. Thankfully I do not have any illness to reckon with 🤞. I am puzzled as to how to best 'melt' my excess fat.
My initial 3 month foray into strict carnivore did not bring any loss except for body volume recomposition around my face and upper arms.
My food intake was 0 carbs, organic/grass fed beef meat : 80/20 ground beef, steaks (skirt, tips, and on a splurge rib eye), calf liver, kidneys, pork rinds, bacon, eggs, little chicken (thighs) and occasional tongue and tripes, Generous amount animal fats, butter and cream, cow & goat cheese which I later reduced and then eliminated.
Dropped the occasional cafe/ mocha, kept the black tea with milk, then reduced it by drinking every so often decaffeinated black tea with a 'cloud' of creamy
In searching why so little results, I saw somewhere (wish I could remember where/who) that the leanest the protein the faster the body would turn to its own surplus of fats for energy therefore accelerating journey to being leaner.
So now I am totally confused as it seems to go against the high fat concept that seems prominent in Carnivore literature.
HELP… Does it make sense in strict carnivore? trying hard to not be discouraged.
What are your thoughts? Advice?
I am a 65F and want to release at least 75lbs not just for esthetics but for overall well being and getting back to being as active as I would like with minimal discomfort and/limitations that comes with extra lbs.
Yes I felt the overall benefit (skin, lack of pain in feet/legs, healthier hair). I 100% understand how our human race does not benefit from any of the so called vegetable oils, processed/ packaged/transtormed foods and other products stemming from large manufacturing agro-business along with plants and their defense mechanisms.
Thank you

Have the opportunity to buy up to 1000 rounds of Lake City manufactured 7.62 Nato Surplus. What's the average price each on this US made stuff? I know you can get PMC and Igman for about .66-.72 right now. Been out of the ammo game for so long it all seems so expensive and I don't want to get ripped off.

CAPR reported a significant revenue growth of 64.3% reaching $4.907 million in Q1 2024, but faced high operating expenses and a negative EPS of -$0.31.

Key Metrics

Revenue	$4.907M	64.3%
Operating Expenses	$15.173M
	Operating Expenses Growth	35.9%
	Earnings Per Share	$-0.31
Cash and Cash Equivalents	$39.917M

Business Highlights

• Enrollment has been completed for our HOPE-3 Phase 3 (Cohort A) clinical trial which enrolled 61 subjects randomized to either CAP-1002 or placebo in a 1:1 ratio.
• Reported a positive outcome from the interim futility analysis for Cohort A which triggered the first milestone payment of $10.0 million received in the first quarter of 2024 under our U.S. Distribution and Commercialization Agreement with Nippon Shinyaku.
• Reported a positive outcome from the interim futility analysis for Cohort A which triggered the first milestone payment of $10.0 million received in the first quarter of 2024 under our U.S. Distribution and Commercialization Agreement with Nippon Shinyaku.
• Announced a positive outcome from a Type-B CMC FDA meeting held in the first quarter of 2024. In the meeting, the FDA affirmed alignment on the following topics: Comparability between drug product manufactured at our two different facilities (Los Angeles and San Diego) has been demonstrated using the provided analytical comparability data. This will now allow for the use of CAP-1002 drug product manufactured at our San Diego manufacturing facility upon potential product approval (subject to approval of the facility).
• Granted a Type-B clinical FDA meeting scheduled to be held in May 2024 to continue discussing our pathway to BLA. The FDA advised us to include discussion and a request for a pre-BLA meeting and rolling BLA schedule at this meeting. We also plan to share with FDA our HOPE-2 OLE 3-year safety and efficacy data.
• Announced further specifics under our U.S. Distribution and Commercialization Agreement with Nippon Shinyaku. Capricor will receive a meaningful mid-range double-digit share of product revenue. For clarity, mid-range falls in between 30-50%, which sum will be offset by the amounts paid to us as the transfer price for the purchase of the product. As previously disclosed, there is an additional $90.0 million in potential milestone payments up to the time of approval which are triggered upon certain regulatory-based achievements. Following potential approval, there is an additional $605.0 million in potential milestones payments which may be payable to Capricor based on various sales-based targets being met.
• Announced we are on track to enroll 44 U.S. based patients by the end of second quarter in HOPE-3 (Cohort B) clinical trial, however at this time, we are evaluating various options, with one of such options being the opportunity for an expansion of Cohort B to include European patients.
• Announced the scale-up of manufacturing capacity of CAP-1002 in our new San Diego facility, intended for commercial use, subject to regulatory approval. This facility was designed to be a versatile and cost-effective way to bring CAP-1002 to market efficiently. Currently, our San Diego facility is fully operational, staffed and producing doses for clinical use. Along with BLA readiness activities, we are also actively preparing for commercial runs.
• Presented at H.C. Wainwright 2ndAnnual Cell Therapy Conference.
• Presented at the Cantor Fitzgerald’s Muscular Dystrophy Symposium.
• Presented at the2024 Muscular Dystrophy Association (MDA) Clinical & Scientific Conferencesharing the previously presented positive 24-month results from our HOPE-2 OLE study. Key results included skeletal muscle function as measured by the Performance of the Upper Limb (PUL v2.0) showed a mean PUL v2.0 decline after 24-months of treatment with CAP-1002 was 2.8 points versus a 7.7 point decline on average observed over 24-months in the placebo patient group. Additionally, CAP-1002 revealed clinically meaningful improvements in ameliorating cardiac function
• Presented at theParent Project Muscular Dystrophy (PPMD) Cardiac Workshop III. Capricor was featured in a panel on industry perspectives on cardiac monitoring in DMD clinical trials.
• Announced that our proprietary StealthX™ exosome-based multivalent vaccine (StealthX™ vaccine) for the prevention of SARS-CoV-2 was selected to be part ofProject NextGen, an initiative by the U.S. Department of Health and Human Services to advance a pipeline of new, innovative vaccines. As part of Project NextGen, NIAID, part of the National Institutes of Health, will conduct and fund a Phase 1 clinical trial with our StealthX™ vaccine. Under the terms of the collaboration, Capricor will supply the investigational product and NIAID's Division of Microbiology and Infectious Diseases (DMID) will conduct the trial. If NIAID finds that our StealthX™ vaccine meets its criteria for safety and efficacy, they may consider our program for a funded Phase 2.
• Currently, in collaboration with an undisclosed pharmaceutical company, we are also investigating the therapeutic application of our StealthX™ exosome platform.
• Presented data in an oral presentation at theAmerican Society of Gene and Cell Therapy (ASGCT) 27thAnnual Meeting. The findings highlight a potential exosome-based approach for the treatment of arginase-1 deficiency (ARG1-D), a rare genetic metabolic disease characterized by complete or partial lack of the enzyme arginase in the liver and red blood cells. The data from this preclinical study further characterize our StealthX™ exosome platform.
• Presented data at theInternational Society of Extracellular Vesicles (ISEV) Annual Meeting 2024. Highlights from the abstract included data showing targeted cargo delivery to mouse lower limbs by exosomes carrying a muscle targeting moiety by intravenous injection.

Guidance
Future Business Drivers: - Plan to have a Type-B clinical FDA meeting in May 2024 to discuss requests for a pre-BLA meeting and rolling BLA schedule. Additionally, Capricor plans to share with FDA its HOPE-2 OLE 3-year safety and efficacy data at this meeting. - Plan to report 3-year HOPE-2 OLE data in the second quarter of 2024. - Plan to announce further updates with respect to next steps for HOPE-3 (Cohort B), when available. - Plan to report topline data from HOPE-3 (Cohort A) in the fourth quarter of 2024. - Continue to explore opportunities for additional partnerships outside of the U.S. and Japan to support the potential commercialization of CAP-1002 in DMD. - Plan to provide updates on our NIAID collaboration for our StealthX™ vaccine as they become available. NIAID plans to initiate the Phase 1 clinical trial in late 2024, subject to regulatory approval. - Continue to explore opportunities for partnerships and non-dilutive sources of funding to support advancement of our StealthX™ exosome platform technology.
Expectations: MISS
While CAPR's revenue of $4.907 million in Q1 2024 surpassed the average analyst estimate of $9.7 million, the EPS of -$0.31 was significantly worse than the estimated -$0.11. The company's operating expenses grew by 35.9% to $15.173 million, contributing to the negative earnings per share.

Are you ready to add a touch of ambiance and style to your boat’s audio system? Look no further than boat speakers with LED lights. These innovative speakers not only deliver exceptional sound quality but also feature built-in LED lighting to enhance the atmosphere onboard your vessel. In this comprehensive guide, we’ll explore everything you need to know about boat speakers with LED lights, including their features, benefits, installation tips, and top recommendations, so you can illuminate your on-water experience in style.

Understanding Boat Speakers with LED Lights

Boat speakers with LED lights combine premium audio performance with vibrant LED illumination, creating a dynamic and immersive audiovisual experience on your boat. These speakers are equipped with high-quality LED lights that can be synchronized with your music or set to a specific color or pattern, allowing you to customize the ambiance and mood onboard.
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Key Features and Benefits

Boat speakers with LED lights offer several key features and benefits that make them a popular choice for marine enthusiasts:

1. Dual Functionality: These speakers serve both as audio devices and decorative lighting fixtures, providing dual functionality and versatility for onboard entertainment and ambiance.
2. Customizable Lighting Effects: With their integrated LED lights, boat speakers allow you to choose from a variety of lighting effects, including static colors, color-changing modes, strobe effects, and more, to match the mood and theme of your onboard activities.
3. Enhanced Visibility and Safety: The LED lights on boat speakers improve visibility and safety onboard, especially during nighttime navigation or docking, by illuminating key areas of the boat and making it easier to see obstacles, passengers, or equipment in low-light conditions.
4. Weather Resistance: Built with marine-grade materials and sealed enclosures, boat speakers with LED lights are designed to withstand exposure to water, salt, UV rays, and harsh marine conditions, ensuring long-lasting durability and reliability in marine environments.

Installation Tips

Proper installation is essential for maximizing the performance and longevity of boat speakers with LED lights. Here are some installation tips to consider:

1. Choose Suitable Locations: Select mounting locations for the speakers that provide optimal sound coverage and visibility while minimizing exposure to water, moisture, or mechanical hazards.
2. Secure Mounting: Use sturdy mounting brackets, screws, or hardware to securely attach the speakers to the boat’s structure or railings, ensuring a stable and vibration-free installation that can withstand the rigors of marine travel.
3. Connect Wiring Properly: Follow the manufacturer’s instructions for wiring and connections, using marine-grade wiring, connectors, and terminals to ensure reliable electrical connections and minimize signal loss, interference, or damage to the speakers or LED lights.

Top Boat Speaker with LED Lights Recommendations

When selecting boat speakers with LED lights for your marine audio system, consider the following top recommendations:

1. Kicker KMTC Series Marine Tower Speakers: Known for their exceptional sound quality and vibrant LED lighting, Kicker KMTC series marine tower speakers deliver powerful audio performance and customizable lighting effects, making them ideal for wakeboarding, watersports, or evening cruises.
2. Rockville RGB Marine Speakers: With their rugged construction, high-power output, and multi-color LED lighting, Rockville RGB marine speakers offer impressive sound quality and dynamic lighting effects, enhancing the atmosphere and aesthetics of any boat or yacht.
3. Wet Sounds XS Series Marine Speakers: Engineered for marine use, Wet Sounds XS series marine speakers feature high-performance drivers, UV-resistant enclosures, and customizable LED lighting options, providing premium sound and lighting solutions for boats of all sizes.

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Conclusion

Boat speakers with LED lights are the perfect combination of form and function, offering premium audio performance and customizable lighting effects to enhance your on-water experience. By selecting high-quality speakers, following proper installation practices, and considering your specific audio and lighting preferences, you can create a captivating audiovisual environment onboard your vessel that will impress passengers and elevate every moment on the water. So, whether you’re hosting a party, cruising at sunset, or enjoying a quiet evening on the lake, let boat speakers with LED lights be your ultimate accessory for illuminating your on-water adventures in style.