Albums

Nyck Caution - Anywhere But Here (featuring Joey Bada$$, Denzel Curry, Kota the Friend, CJ Fly, GASHI + more)
NYUON - 4FROMNYUON
UnoTheActivist - Unoverse
Since99 - CARBON COPY (featuring Tony Shhnow & 10kdunkin)
Marco Polo - MP On The MP: The Beat Tape Vol. 1
K.A.A.N - Long Time No See (featuring Dax & Bleverly Hills)
704Chop - Carolina Superstar
2nd Generation Wu - Hereditary (featuring Inspectah Deck + more)
Healy - Tungsten
Eladio Carrión - Monarca (featuring J Balvin + more)
ZAYN - Nobody Is Listening (featuring Syd & Devlin)
Ashnikko - DEMIDEVIL (featuring Kelis, Princess Nokia & Grimes)
Project Youngin - Bigger Blessings (featuring Pooh Shiesty, Hotboii, Lil C & Trapboy Freddy)
Boogotti Kasino - The Gamble (featuring OMB Bloodbath + more)
G Fredo - Only the 3rd Chapter
SpaceGhostPurrp - Kill Ever Soul I See
Mister CR & Westcoast Kreations Presents: Project Blowed All-Stars (featuring Myka-9 + more)
Antahlyzah - The Ceremonial Gifted
Sleatford Mods - Spare Ribs
Lukah - When The Black Hand Touches You
not yet posted:
wowflower - Abel's Planet

EPs

Gabriel Garzón-Montano - Spotify Singles
dvsn - Amusing Her Feeings (featuring Miguel)
Cdot Huncho - H5 Deluxe
Araabmuzik - TRAP SOUL
Pollari & Tony Shhnow - Evil Twins
WHITE JOHN - CASE STILL PENDING (featuring OMB Peezy, Rucci & Big Sad 1900)
Chavis Chandler - Have a Little FUN, sometime.
RAY FUEGO - HEMELSCHIP

Singles

Juice WRLD & Young Thug - Bad Boy
Lice (Aesop Rock & Homeboy Sandman) - Ask Anyone
Ameer Vann - IDFIATOK
Benny the Butcher - Bills Mafia Anthem
Ariana Grande - 34+35 (feat. Megan Thee Stallion & Doja Cat)
Flo Milli & Kenny Beats - Roaring 20s
Family Bvsiness (Crooked I) - Skip This Ad (Produced by Eminem)
M24 x Fivio Foreign - Fashion
DaBaby - Masterpiece
Night Lovell - A Lot (feat. Lindasson & Ftg. Reggie)
DIVINE - Jungle Mantra (feat. Vince Staples & Pusha T)
Travis Scott - Goosebumps (HYME Remix)
Run the Jewels - Ooh La La (Remix) [feat. Mexican Institute Of Sound & Santa Fe Klan]
Gallant - Comeback
DJ Muggs The Black Goat - The Chosen One
Pooh Shiesty - Guard Up
YOUR LOSS - Chaos!
Bilal & Nikki Jean - Black Coffee in Bed
RiFF RAFF - TiPTOE 4 (fea. Yelawolf)
Emotional Oranges - Bonafide (feat. Chiiild)
Lous and The Yakuza - Amigo (with Joey Bada$$)
Retch - Sun Up
Larry June & Jay Worth - Dear Winter
BabyTron - Dookie Season (feat. RMC Mike)
Central Cee - Pinging (6 Figures)
Fredo Bang - In The Name of Gee (Still the Most Hated)
seeyousoon - Fever
scarlxrd - LET THE WXRLD BURN.
Ebhoni - Hit This
Remble & Drakeo The Ruler - Ruth’s Chris Freestyle
Tom The Mail Man - Forever
Video Dave (Mike Eagle's DJ) - Grift Em Up (Donald Trump Diss)
Saint Parrish - Blue Bills. (feat. Mick Jenkins)
F L A C O - You Know What
BigBabyGucci - Stuck in my System
Funkmaster Flex & Fivio Foreign - Game Time
Gullypabs X Skengdo & AM - #410 In Spain
Ghetts - Skengman (feat. Stormzy & Ghetto)
Las Cafeteras - If I Was President (Remix) [feat. Sa-Roc, QVLN, Mega Ran & Boog Brown]
Malz Monday & WESTSIDE BOOGIE - Tripping
Rich The Kid - Split
Lord Jahmonte Ogbon - Eleven (Remix)
Jae Stephens - What You Need (feat. THEY.)
Masiwei (of Higher Brothers - Why (为什么)
Mitchy Slick & Damu - Anything
Kenny Tea & Planet Asia - Stepped On Alpaca
Rio Da Yung OG & RMC Mike - PoundTown
Knarley Jai - Success (feat. Duke Deuce)
Khalygud - Modello
Top5 - 2 Cases (via 6ixbuzz)
Dessa - Rome
Body Meat - Ultima
Doe Boy - COVID-19
Bizzy Banks - Bless the Booth (Freestyle)* / Bandemic
A-WAX & KING ISO - BLEMISH
Mo Money - Deniable
Philmore Greene & Skyzoo - Time
Philthy Rich & Fenix Flexin - Separate
Smokepurpp - PIGEONS!
White John, Rucci & Big Sad 1900 - Thug Life
Jhyph - Rip da Goons (feat. OMB Peezy)
Spectacular Diagnostics - PETANQUE / PASS.OUT
FRESCODBFLYG – MOB TIES
Chey Dolla - Money Ain't Everything
YeloHill & Steelz - Strip
Russ Millions & Buni - Plugged In (Freestyle)
Langston Bristol & redveil - Psa
The Bad Seed - Daddy Dearest
Substance810 – Fortified
Senseigod - To The Sky (feat. Smoke DZA)
YN Jay - Coochie In Class / Smoove Back (Austin Powers Remix) / Las Vegas
Bronze Nazareth & Leaf Dog – Lisbon Dinners
Yung Jinx - Kickback (feat. Ab-Soul)
SebastiAn & Syd - Doorman (Vegyn Remix)
Wacotron & Southside - Toothpaste
KESHORE - Computer Science
Icewear Vezzo - 6Print
Yella Beezy - Is You Fuckin?
Lil Eazzyy - Onna Come Up (Remix) [feat. G Herbo]
RoadRunna White - HighClass (feat. G.T., Icewear Vezzo, Rio Da Yung OG, FGB Boomer)
Amber Window & Swarvy - A Child Is Born
Virgil Abloh & serpentwithfeet - Delicate Limbs (Special Request Remix)
Bobby Sessions - Made A Way (Remix) [feat. Lecrae]
Westside Tut - Cry Over (feat. Lil Durk)
Rome Streetz & VH$ - Bolilo (feat. A.M. Early Morning)
Haviah Mighty - Antisocial (feat. Old Man Saxon)
K. Forest - Bad Neighbors
Jamal Gasol- This Rap Shit Is Wrestling
Pro Dillinger - Conan
Substance810 – Fortified
The Bad Seed - Daddy Dearest
All Hail Y.T. & Yosonova - D Mack's Theme
Too Short – All The Kids On The Block (feat. Rayven Justice)
not yet posted:
Adam Snow & youngxdre - No Time
Cheat Codes & Bryce Vine - Stay (Blinkie Remix)
Jelani Aryeh - Angels
Joy Oladokun - wish you the best (feat. Jensen McRae)
Tony Njoku - ZORO (feat. Zoro Jackson)
Stack Skrilla - Need 2

Features

Racci - Pop Out (feat. Young Dro)
Fable - Songs from the Gun (feat. Jeremiah Jae)
D.Charmberz - Rap with a Legend (feat. Method Man)
Whethan & Oliver Tree - Freefall (Tchami Remix)
Mithril Oreder, Rappin' 4-Tay & DJ Pain 1 - Popular Demand
Young Franco, Denzel Curry & Pell - Fallin' Apart (Close Counters Remix) / Fallin' Apart (Human Movement Remix)
StarBoy - Show You the Money (feat. WizKid)
Arichussettes & Eto - Spit Nothing But Street
Faouzia & John Legend - Minefields (Hook N Sling Remix)
JGreen - All On Me (Remix) [feat. Jackboy]
215doubleo - Right My Wrongs (feat. Teejay3k & E Mozzy)
Swiggle Mandela - Needed (feat. WESTSIDE BOOGIE, Jasey Cordeta & Kenai)
Hass Irv - All Day (Remix) [feat. G Herbo]
GR$$D - THEY DON'T LIKE US (feat. Guapdad 4000 & Y2)
The Yutes & Curren$y - High Grade
Steib Boy Stretch - Floatin' Thru Da Trap (feat. Maxo Kream & Lil' Keke)
Mike Knox - Backblock (Remix) [feat. Beanie Sigel, Young Chris, Foreign Boy Osama & Quilly]
Baby Shae - Clout Shit (feat. Molly Brazy)
Sxtturn - Ella Me Llamo a Las 3 Am (feat. Kid Cole & Clasm Casino)
FROZEN4EVER - Lately 2 (feat. DC the Don)
Young AP - Drill Tonight (feat. Shef G)
LIL CBN - Devon Booker (feat. DC the Don)
Dramatik! - Baraka (feat. AKTHESAVIOR)
Taleban Dooda & T9ine - Chosen
BagBoy Po & Sada Baby - Count Me Out
Danny Foster - Don't Call (feat. Lando Chill)
Richie Valentino - Tiddys (feat. Jim Jones & Blue Diamond)
Frenglish - D'ussé (Remix) [feat. Slimelife Shawty]
Big Los - Back To Back (feat. BabyTron)
Lifeof9000 - No Where (feat. James Fauntleroy)
AcquiredTaste - SNAKES IN the GRASS (feat. 03 Greedo)
CxT GZUS - Votive Candles (feat. Joell Ortiz)
MeloBallin - What You Tryna Spend (feat. Payroll Giovanni)
* means not on streaming
project features are listed mostly just if the artist is recognizable
the "Features" tab are songs that haven't been posted that I discovered through the feature.
From KHDTX13 (will be updated):

SPOTIFY PLAYLISTS:

Fresh Singles

Fresh Albums & EPs

NEW INFO 5 Results from share redemption are posted. Less than .2% redeemed. Very bullish as investors are showing extreme confidence in the future of PLBY.
https://finance.yahoo.com/news/playboy-mountain-crest-acquisition-corp-120000721.html
NEW INFO 4 Definitive Agreement to purchase 100% of Lovers brand stores announced 2/1.
https://www.streetinsider.com/Corporate+News/Playboy+%28MCAC%29+Confirms+Deal+to+Acquire+Lovers/17892359.html
NEW INFO 3 I bought more on the dip today. 5081 total. Price rose AH to $12.38 (2.15%)
NEW INFO 2 Here is the full webinar.
https://icrinc.zoom.us/rec/play/9GWKdmOYumjWfZuufW3QXpe_FW_g--qeNbg6PnTjTMbnNTgLmCbWjeRFpQga1iPc-elpGap8dnDv8Zww.yD7DjUwuPmapeEdP?continueMode=true&tk=lEYc4F_FkKlgsmCIs6w0gtGHT2kbgVGbUju3cIRBSjk.DQIAAAAV8NK49xZWdldRM2xNSFNQcTBmcE00UzM3bXh3AAAAAAAAAAAAAAAAAAAAAAAAAAAA&uuid=WN_GKWqbHkeSyuWetJmLFkj4g&_x_zm_rtaid=kR45-uuqRE-L65AxLjpbQw.1611967079119.2c054e3d3f8d8e63339273d9175939ed&_x_zm_rhtaid=866
NEW INFO 1 Live merger webinar with PLBY and MCAC on Friday January 29, 2021 at 12:00 NOON EST link below
https://mcacquisition.com/investor-relations/press-release-details/2021/Playboy-Enterprises-Inc.-and-Mountain-Crest-Acquisition-Corp-Participate-in-SPACInsider-ICR-Webinar-on-January-29th-at-12pm-ET/default.aspx
Playboy going public: Porn, Gambling, and Cannabis
!!!WARNING READING AHEAD!!! TL;DR at the end. It will take some time to sort through all the links and read/watch everything, but you should.
In the next couple weeks, Mountain Crest Acquisition Corp is taking Playboy public. The existing ticker MCAC will become PLBY. Special purpose acquisition companies have taken private companies public in recent months with great success. I believe this will be no exception. Notably, Playboy is profitable and has skyrocketing revenue going into a transformational growth phase.
Porn - First and foremost, let's talk about porn. I know what you guys are thinking. “Porno mags are dead. Why would I want to invest in something like that? I can get porn for free online.” Guess what? You are absolutely right. And that’s exactly why Playboy doesn’t do that anymore. That’s right, they eliminated their print division. And yet they somehow STILL make money from porn that people (see: boomers) pay for on their website through PlayboyTV, Playboy Plus, and iPlayboy. Here’s the thing: Playboy has international, multi-generational name recognition from porn. They have content available in 180 countries. It will be the only publicly traded adult entertainment (porn) company. But that is not where this company is going. It will help support them along the way. You can see every Playboy magazine through iPlayboy if you’re interested. NSFW links below:
https://www.playboy.com/
https://www.playboytv.com/
https://www.playboyplus.com/
https://www.iplayboy.com/
Gambling - Some of you might recognize the Playboy brand from gambling trips to places like Las Vegas, Atlantic City, Cancun, London or Macau. They’ve been in the gambling biz for decades through their casinos, clubs, and licensed gaming products. They see the writing on the wall. COVID is accelerating the transition to digital, application based GAMBLING. That’s right. What we are doing on Robinhood with risky options is gambling, and the only reason regulators might give a shit anymore is because we are making too much money. There may be some restrictions put in place, but gambling from your phone on your couch is not going anywhere. More and more states are allowing things like Draftkings, poker, state ‘lottery” apps, hell - even political betting. Michigan and Virginia just ok’d gambling apps. They won’t be the last. This is all from your couch and any 18 year old with a cracked iphone can access it. Wouldn’t it be cool if Playboy was going to do something like that? They’re already working on it. As per CEO Ben Kohn who we will get to later, “...the company’s casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth.” Honestly, I stopped researching Scientific Games' sports betting segment when I saw the word ‘omni-channel’. That told me all I needed to know about it’s success.
“Our SG Sports™ platform is an enhanced, omni-channel solution for online, self-service and retail fixed odds sports betting – from soccer to tennis, basketball, football, baseball, hockey, motor sports, racing and more.”
https://www.scientificgames.com/
https://www.microgaming.co.uk/
“This latter segment has become increasingly enticing for Playboy, and it said last week that it is considering new tie-ups that could include gaming operators like PointsBet and 888Holdings.”
https://calvinayre.com/2020/10/05/business/playboys-gaming-ops-could-get-a-boost-from-spac-purchase/
As per their SEC filing:
“Significant consumer engagement and spend with Playboy-branded gaming properties around the world, including with leading partners such as Microgaming, Scientific Games, and Caesar’s Entertainment, steers our investment in digital gaming, sports betting and other digital offerings to further support our commercial strategy to expand consumer spend with minimal marginal cost, and gain consumer data to inform go-to-market plans across categories.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tMDAA1
They are expanding into more areas of gaming/gambling, working with international players in the digital gaming/gambling arena, and a Playboy sportsbook is on the horizon.
https://www.playboy.com/read/the-pleasure-of-playing-with-yourself-mobile-gaming-in-the-covid-era
Cannabis - If you’ve ever read through a Playboy magazine, you know they’ve had a positive relationship with cannabis for many years. As of September 2020, Playboy has made a major shift into the cannabis space. Too good to be true you say? Check their website. Playboy currently sells a range of CBD products. This is a good sign. Federal hemp products, which these most likely are, can be mailed across state lines and most importantly for a company like Playboy, can operate through a traditional banking institution. CBD products are usually the first step towards the cannabis space for large companies. Playboy didn’t make these products themselves meaning they are working with a processor in the cannabis industry. Another good sign for future expansion. What else do they have for sale? Pipes, grinders, ashtrays, rolling trays, joint holders. Hmm. Ok. So it looks like they want to sell some shit. They probably don’t have an active interest in cannabis right? Think again:
https://www.forbes.com/sites/javierhasse/2020/09/24/playboy-gets-serious-about-cannabis-law-reform-advocacy-with-new-partnership-grants/?sh=62f044a65cea
“Taking yet another step into the cannabis space, Playboy will be announcing later on Thursday (September, 2020) that it is launching a cannabis law reform and advocacy campaign in partnership with National Organization for the Reform of Marijuana Laws (NORML), Last Prisoner Project, Marijuana Policy Project, the Veterans Cannabis Project, and the Eaze Momentum Program.”
“According to information procured exclusively, the three-pronged campaign will focus on calling for federal legalization. The program also includes the creation of a mentorship plan, through which the Playboy Foundation will support entrepreneurs from groups that are underrepresented in the industry.” Remember that CEO Kohn from earlier? He wrote this recently:
https://medium.com/naked-open-letters-from-playboy/congress-must-pass-the-more-act-c867c35239ae
Seems like he really wants weed to be legal? Hmm wonder why? The writing's on the wall my friends. Playboy wants into the cannabis industry, they are making steps towards this end, and we have favorable conditions for legislative progress.
Don’t think branding your own cannabis line is profitable or worthwhile? Tell me why these 41 celebrity millionaires and billionaires are dummies. I’ll wait.
https://www.celebstoner.com/news/celebstoner-news/2019/07/12/top-celebrity-cannabis-brands/
Confirmation: I hear you. “This all seems pretty speculative. It would be wildly profitable if they pull this shift off. But how do we really know?” Watch this whole video:
https://finance.yahoo.com/video/playboy-ceo-telling-story-female-154907068.html
Man - this interview just gets my juices flowing. And highlights one of my favorite reasons for this play. They have so many different business avenues from which a catalyst could appear. I think paying attention, holding shares, and options on these staggered announcements over the next year is the way I am going to go about it. "There's definitely been a shift to direct-to-consumer," he (Kohn) said. "About 50 percent of our revenue today is direct-to-consumer, and that will continue to grow going forward.” “Kohn touted Playboy's portfolio of both digital and consumer products, with casino-style gaming, in particular, serving a crucial role under the company's new business model. Playboy also has its sights on the emerging cannabis market, from CBD products to marijuana products geared toward sexual health and pleasure.” "If THC does become legal in the United States, we have developed certain strains to enhance your sex life that we will launch," Kohn said. https://cheddar.com/media/playboy-goes-public-health-gaming-lifestyle-focus Oh? The CEO actually said it? Ok then. “We have developed certain strains…” They’re already working with growers on strains and genetics? Ok. There are several legal cannabis markets for those products right now, international and stateside. I expect Playboy licensed hemp and THC pre-rolls by EOY. Something like this: https://www.etsy.com/listing/842996758/10-playboy-pre-roll-tubes-limited?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=pre+roll+playboy&ref=sr_gallery-1-2&organic_search_click=1 Maintaining cannabis operations can be costly and a regulatory headache. Playboy’s licensing strategy allows them to pick successful, established partners and sidestep traditional barriers to entry. You know what I like about these new markets? They’re expanding. Worldwide. And they are going to be a bigger deal than they already are with or without Playboy. Who thinks weed and gambling are going away? Too many people like that stuff. These are easy markets. And Playboy is early enough to carve out their spot in each. Fuck it, read this too: https://www.forbes.com/sites/jimosman/2020/10/20/playboy-could-be-the-king-of-spacs-here-are-three-picks/?sh=2e13dcaa3e05
Numbers: You want numbers? I got numbers. As per the company’s most recent SEC filing:
“For the year ended December 31, 2019, and the nine months ended September 30, 2020, Playboy’s historical consolidated revenue was $78.1 million and $101.3 million, respectively, historical consolidated net income (loss) was $(23.6) million and $(4.8) million, respectively, and Adjusted EBITDA was $13.1 million and $21.8 million, respectively.”
“In the nine months ended September 30, 2020, Playboy’s Licensing segment contributed $44.2 million in revenue and $31.1 million in net income.”
“In the ninth months ended September 30, 2020, Playboy’s Direct-to-Consumer segment contributed $40.2 million in revenue and net income of $0.1 million.”
“In the nine months ended September 30, 2020, Playboy’s Digital Subscriptions and Content segment contributed $15.4 million in revenue and net income of $7.4 million.”
They are profitable across all three of their current business segments.
“Playboy’s return to the public markets presents a transformed, streamlined and high-growth business. The Company has over $400 million in cash flows contracted through 2029, sexual wellness products available for sale online and in over 10,000 major retail stores in the US, and a growing variety of clothing and branded lifestyle and digital gaming products.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
Growth: Playboy has massive growth in China and massive growth potential in India. “In China, where Playboy has spent more than 25 years building its business, our licensees have an enormous footprint of nearly 2,500 brick and mortar stores and 1,000 ecommerce stores selling high quality, Playboy-branded men’s casual wear, shoes/footwear, sleepwear, swimwear, formal suits, leather & non-leather goods, sweaters, active wear, and accessories. We have achieved significant growth in China licensing revenues over the past several years in partnership with strong licensees and high-quality manufacturers, and we are planning for increased growth through updates to our men’s fashion lines and expansion into adjacent categories in men’s skincare and grooming, sexual wellness, and women’s fashion, a category where recent launches have been well received.” The men’s market in China is about the same size as the entire population of the United States and European Union combined. Playboy is a leading brand in this market. They are expanding into the women’s market too. Did you know CBD toothpaste is huge in China? China loves CBD products and has hemp fields that dwarf those in the US. If Playboy expands their CBD line China it will be huge. Did you know the gambling money in Macau absolutely puts Las Vegas to shame? Technically, it's illegal on the mainland, but in reality, there is a lot of gambling going on in China. https://www.forbes.com/sites/javierhasse/2020/10/19/magic-johnson-and-uncle-buds-cbd-brand-enter-china-via-tmall-partnership/?sh=271776ca411e “In India, Playboy today has a presence through select apparel licensees and hospitality establishments. Consumer research suggests significant growth opportunities in the territory with Playboy’s brand and categories of focus.” “Playboy Enterprises has announced the expansion of its global consumer products business into India as part of a partnership with Jay Jay Iconic Brands, a leading fashion and lifestyle Company in India.” “The Indian market today is dominated by consumers under the age of 35, who represent more than 65 percent of the country’s total population and are driving India’s significant online shopping growth. The Playboy brand’s core values of playfulness and exploration resonate strongly with the expressed desires of today’s younger millennial consumers. For us, Playboy was the perfect fit.” “The Playboy international portfolio has been flourishing for more than 25 years in several South Asian markets such as China and Japan. In particular, it has strategically targeted the millennial and gen-Z audiences across categories such as apparel, footwear, home textiles, eyewear and watches.” https://www.licenseglobal.com/industry-news/playboy-expands-global-footprint-india It looks like they gave COVID the heisman in terms of net damage sustained: “Although Playboy has not suffered any material adverse consequences to date from the COVID-19 pandemic, the business has been impacted both negatively and positively. The remote working and stay-at-home orders resulted in the closure of the London Playboy Club and retail stores of Playboy’s licensees, decreasing licensing revenues in the second quarter, as well as causing supply chain disruption and less efficient product development thereby slowing the launch of new products. However, these negative impacts were offset by an increase in Yandy’s direct-to-consumer sales, which have benefited in part from overall increases in online retail sales so far during the pandemic.” Looks like the positives are long term (Yandy acquisition) and the negatives are temporary (stay-at-home orders).
https://www.sec.gov/Archives/edgadata/1803914/000110465921006093/tm213766-1_defa14a.htm
This speaks to their ability to maintain a financially solvent company throughout the transition phase to the aforementioned areas. They’d say some fancy shit like “expanded business model to encompass four key revenue streams: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming.” I hear “we’re just biding our time with these trinkets until those dollar dollar bill y’all markets are fully up and running.” But the truth is these existing revenue streams are profitable, scalable, and rapidly expanding Playboy’s e-commerce segment around the world.
"Even in the face of COVID this year, we've been able to grow EBITDA over 100 percent and revenue over 68 percent, and I expect that to accelerate going into 2021," he said. “Playboy is accelerating its growth in company-owned and branded consumer products in attractive and expanding markets in which it has a proven history of brand affinity and consumer spend.”
Also in the SEC filing, the Time Frame:
“As we detailed in the definitive proxy statement, the SPAC stockholder meeting to vote on the transaction has been set for February 9th, and, subject to stockholder approval and satisfaction of the other closing conditions, we expect to complete the merger and begin trading on NASDAQ under ticker PLBY shortly thereafter,” concluded Kohn.
The Players: Suhail “The Whale” Rizvi (HMFIC), Ben “The Bridge” Kohn (CEO), “lil” Suying Liu & “Big” Dong Liu (Young-gun China gang). I encourage you to look these folks up. The real OG here is Suhail Rizvi. He’s from India originally and Chairman of the Board for the new PLBY company. He was an early investor in Twitter, Square, Facebook and others. His firm, Rizvi Traverse, currently invests in Instacart, Pinterest, Snapchat, Playboy, and SpaceX. Maybe you’ve heard of them. “Rizvi, who owns a sprawling three-home compound in Greenwich, Connecticut, and a 1.65-acre estate in Palm Beach, Florida, near Bill Gates and Michael Bloomberg, moved to Iowa Falls when he was five. His father was a professor of psychology at Iowa. Along with his older brother Ashraf, a hedge fund manager, Rizvi graduated from Wharton business school.” “Suhail Rizvi: the 47-year-old 'unsocial' social media baron: When Twitter goes public in the coming weeks (2013), one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his photos from the internet. In IPO, Twitter seeks to be 'anti-FB'” “Prince Alwaleed bin Talal of Saudi Arabia looks like a big Twitter winner. So do the moneyed clients of Jamie Dimon. But as you’ve-got-to-be-joking wealth washed over Twitter on Thursday — a company that didn’t exist eight years ago was worth $31.7 billion after its first day on the stock market — the non-boldface name of the moment is Suhail R. Rizvi. Mr. Rizvi, 47, runs a private investment company that is the largest outside investor in Twitter with a 15.6 percent stake worth $3.8 billion at the end of trading on Thursday (November, 2013). Using a web of connections in the tech industry and in finance, as well as a hearty dose of good timing, he brought many prominent names in at the ground floor, including the Saudi prince and some of JPMorgan’s wealthiest clients.” https://www.nytimes.com/2013/11/08/technology/at-twitter-working-behind-the-scenes-toward-a-billion-dollar-payday.html Y’all like that Arab money? How about a dude that can call up Saudi Princes and convince them to spend? Funniest shit about I read about him: “Rizvi was able to buy only $100 million in Facebook shortly before its IPO, thus limiting his returns, according to people with knowledge of the matter.” Poor guy :(
He should be fine with the 16 million PLBY shares he's going to have though :)
Shuhail also has experience in the entertainment industry. He’s invested in companies like SESAC, ICM, and Summit Entertainment. He’s got Hollywood connections to blast this stuff post-merger. And he’s at least partially responsible for that whole Twilight thing. I’m team Edward btw.
I really like what Suhail has done so far. He’s lurked in the shadows while Kohn is consolidating the company, trimming the fat, making Playboy profitable, and aiming the ship at modern growing markets.
https://www.reuters.com/article/us-twitter-ipo-rizvi-insight/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo-idUSBRE9920VW20131003
Ben “The Bridge” Kohn is an interesting guy. He’s the connection between Rizvi Traverse and Playboy. He’s both CEO of Playboy and was previously Managing Partner at Rizvi Traverse. Ben seems to be the voice of the Playboy-Rizvi partnership, which makes sense with Suhail’s privacy concerns. Kohn said this:
“Today is a very big day for all of us at Playboy and for all our partners globally. I stepped into the CEO role at Playboy in 2017 because I saw the biggest opportunity of my career. Playboy is a brand and platform that could not be replicated today. It has massive global reach, with more than $3B of global consumer spend and products sold in over 180 countries. Our mission – to create a culture where all people can pursue pleasure – is rooted in our 67-year history and creates a clear focus for our business and role we play in people’s lives, providing them with the products, services and experiences that create a lifestyle of pleasure. We are taking this step into the public markets because the committed capital will enable us to accelerate our product development and go-to-market strategies and to more rapidly build our direct to consumer capabilities,” said Ben Kohn, CEO of Playboy.
“Playboy today is a highly profitable commerce business with a total addressable market projected in the trillions of dollars,” Mr. Kohn continued, “We are actively selling into the Sexual Wellness consumer category, projected to be approximately $400 billion in size by 2024, where our recently launched intimacy products have rolled out to more than 10,000 stores at major US retailers in the United States. Combined with our owned & operated ecommerce Sexual Wellness initiatives, the category will contribute more than 40% of our revenue this year. In our Apparel and Beauty categories, our collaborations with high-end fashion brands including Missguided and PacSun are projected to achieve over $50M in retail sales across the US and UK this year, our leading men’s apparel lines in China expanded to nearly 2500 brick and mortar stores and almost 1000 digital stores, and our new men’s and women’s fragrance line recently launched in Europe. In Gaming, our casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth. Our product strategy is informed by years of consumer data as we actively expand from a purely licensing model into owning and operating key high-growth product lines focused on driving profitability and consumer lifetime value. We are thrilled about the future of Playboy. Our foundation has been set to drive further growth and margin, and with the committed capital from this transaction and our more than $180M in NOLs, we will take advantage of the opportunity in front of us, building to our goal of $100M of adjusted EBITDA in 2025.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
Also, according to their Form 4s, “Big” Dong Liu and “lil” Suying Liu just loaded up with shares last week. These guys are brothers and seem like the Chinese market connection. They are only 32 & 35 years old. I don’t even know what that means, but it's provocative.
https://www.secform4.com/insider-trading/1832415.htm
https://finance.yahoo.com/news/mountain-crest-acquisition-corp-ii-002600994.html
Y’all like that China money?
“Mr. Liu has been the Chief Financial Officer of Dongguan Zhishang Photoelectric Technology Co., Ltd., a regional designer, manufacturer and distributor of LED lights serving commercial customers throughout Southern China since November 2016, at which time he led a syndicate of investments into the firm. Mr. Liu has since overseen the financials of Dongguan Zhishang as well as provided strategic guidance to its board of directors, advising on operational efficiency and cash flow performance. From March 2010 to October 2016, Mr. Liu was the Head of Finance at Feidiao Electrical Group Co., Ltd., a leading Chinese manufacturer of electrical outlets headquartered in Shanghai and with businesses in the greater China region as well as Europe.”
Dr. Suying Liu, Chairman and Chief Executive Officer of Mountain Crest Acquisition Corp., commented, “Playboy is a unique and compelling investment opportunity, with one of the world’s largest and most recognized brands, its proven consumer affinity and spend, and its enormous future growth potential in its four product segments and new and existing geographic regions. I am thrilled to be partnering with Ben and his exceptional team to bring his vision to fruition.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
These guys are good. They have a proven track record of success across multiple industries. Connections and money run deep with all of these guys. I don’t think they’re in the game to lose.
I was going to write a couple more paragraphs about why you should have a look at this but really the best thing you can do is read this SEC filing from a couple days ago. It explains the situation in far better detail. Specifically, look to page 137 and read through their strategy. Also, look at their ownership percentages and compensation plans including the stock options and their prices. The financials look great, revenue is up 90% Q3, and it looks like a bright future.
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
I’m hesitant to attach this because his position seems short term, but I’m going to with a warning because he does hit on some good points (two are below his link) and he’s got a sizable position in this thing (500k+ on margin, I think). I don’t know this guy but he did look at the same publicly available info and make roughly the same prediction, albeit without the in depth gambling or cannabis mention. You can also search reddit for ‘MCAC’ and very few relevant results come up and none of them even come close to really looking at this thing.
https://docs.google.com/document/d/1gOvAd6lebs452hFlWWbxVjQ3VMsjGBkbJeXRwDwIJfM/edit?usp=sharing
“Also, before you people start making claims that Playboy is a “boomer” company, STOP RIGHT THERE. This is not a good argument. Simply put. The only thing that matters is Playboy’s name recognition, not their archaic business model which doesn’t even exist anymore as they have completely repurposed their business.”
“Imagine not buying $MCAC at a 400M valuation lol. Streetwear department is worth 1B alone imo.”
Considering the ridiculous Chinese growth as a lifestyle brand, he’s not wrong.
Current Cultural Significance and Meme Value: A year ago I wouldn’t have included this section but the events from the last several weeks (even going back to tsla) have proven that a company’s ability to meme and/or gain social network popularity can have an effect. Tik-tok, Snapchat, Twitch, Reddit, Youtube, Facebook, Twitter. They all have Playboy stuff on them. Kids in middle and highschool know what Playboy is but will likely never see or touch one of the magazines in person. They’ll have a Playboy hoodie though. Crazy huh? A lot like GME, PLBY would hugely benefit from meme-value stock interest to drive engagement towards their new business model while also building strategic coffers. This interest may not directly and/or significantly move the stock price but can generate significant interest from larger players who will.
Bull Case: The year is 2025. Playboy is now the world leader pleasure brand. They began by offering Playboy licensed gaming products, including gambling products, direct to consumers through existing names. By 2022, demand has skyrocketed and Playboy has designed and released their own gambling platforms. In 2025, they are also a leading cannabis brand in the United States and Canada with proprietary strains and products geared towards sexual wellness. Cannabis was legalized in the US in 2023 when President Biden got glaucoma but had success with cannabis treatment. He personally pushes for cannabis legalization as he steps out of office after his first term. Playboy has also grown their brand in China and India to multi-billion per year markets. The stock goes up from 11ish to 100ish and everyone makes big gains buying somewhere along the way.
Bear Case: The United States does a complete 180 on marijuana and gambling. President Biden overdoses on marijuana in the Lincoln bedroom when his FDs go tits up and he loses a ton of money in his sports book app after the Fighting Blue Hens narrowly lose the National Championship to Bama. Playboy is unable to expand their cannabis and gambling brands but still does well with their worldwide lifestyle brand. They gain and lose some interest in China and India but the markets are too large to ignore them completely. The stock goes up from 11ish to 13ish and everyone makes 15-20% gains.
TL;DR: Successful technology/e-commerce investment firm took over Playboy to turn it into a porn, online gambling/gaming, sports book, cannabis company, worldwide lifestyle brand that promotes sexual wellness, vetern access, women-ownership, minority-ownership, and “pleasure for all”. Does a successful online team reinventing an antiquated physical copy giant sound familiar? No options yet, shares only for now. $11.38 per share at time of writing. My guess? $20 by the end of February. $50 by EOY. This is not financial advice. I am not qualified to give financial advice. I’m just sayin’ I would personally use a Playboy sports book app while smoking a Playboy strain specific joint and it would be cool if they did that. Do your own research. You’d probably want to start here:
WARNING - POTENTIALLY NSFW - SEXY MODELS AHEAD - no actual nudity though
https://s26.q4cdn.com/895475556/files/doc_presentations/Playboy-Craig-Hallum-Conference-Investor-Presentation-11_17_20-compressed.pdf
Or here:
https://www.mcacquisition.com/investor-relations/default.aspx
Jimmy Chill: “Get into any SPAC at $10 or $11 and you are going to make money.”
STL;DR: Buy MCAC. MCAC > PLBY couple weeks. Rocketship. Moon.
Position: 5000 shares. I will buy short, medium, and long-dated calls once available.

As the title mentions, I've gotten more and more humble about my draft projections as the misses keep adding up. Still, it's fun to do.
Note: these picks are based on whom I would select at the spot, NOT whom I think the team will select.
(1) Jacksonville: QB Trevor Lawrence, Clemson
Based on pure resume and physical profile, Trevor Lawrence is a generational QB prospect. To my eye, he doesn't look quite as sharp as all that; he's been missing some throws in big games. Still, we have to remind ourselves that he's only 21 and still has some polishing to do. When you have a kid with all the tools to be a franchise QB, you have to trust your coach to get the most out of him.
(2) New York Jets: QB Justin Fields, Ohio State
The Jets' selection of Sam Darnold is a good example of how not to develop a super-young QB. After 3 years, Darnold hasn't improved; if anything, he's regressed. I'm worried about his confidence and his contract going forward, so we're going to wipe the slate clean and start fresh with another young QB.
The idea of going for an Ohio State QB after Dwayne Haskins may be scary, but Fields shows more mobility and presumably more maturity. Again, Haskins is another example of a young QB who needed more time than he got, so a team like the Jets may be wise to grab a bridge QB (Ryan Fitzpatrick? Andy Dalton?) to make sure we don't see another kids' confidence shatter before our eyes.
(3) Miami (via HOU): OT Penei Sewell, Oregon
Based on "need," this isn't the way to go. The Dolphins have invested a ton of draft capital on the offensive line already. Still, I'm going with the most value on the board, and that's Penei Sewell to me. I'm taking a franchise LT over a top WR every day of the week and figuring out the rest (and the line reshuffling) later on.
Frankly, I don't know if I'd ever invest a top 3 pick in a wide receiver unless they were a physical freak (like a Calvin Johnson or Julio Jones). While I like these receivers, they don't clear that bar to me.
(4) Atlanta: DE Patrick Jones II, Pittsburgh
After three safe picks, we're going wildly off the board here with a prospect that some sites don't even consider a first rounder. But when I see those low projections for Patrick Jones, I feel like I'm missing something. Because every time I watch him, I see a top 10 talent with a good combination of power and explosiveness. Of the top d-linemen in the class, he'd be my personal pick to register 10 sacks a year. A pass rusher with legitimate juice off the edge would be exactly what the doctor ordered in Atlanta; hell, they've needed that for about 5 years now.
In theory, the idea of drafting a QB like Zach Wilson and letting him develop behind Matt Ryan is tempting, but it may be a year premature. If they can start Ryan in 2021 and 2022, then they can cut him with only $8.6M in dead money beyond that. I'd rather wait a year to find that heir apparent.
(5) Cincinnati: DE Kwity Paye, Michigan
The offensive line has been an obvious source of concern, but I'd also suggest the defensive line needs a lot of help as well. The team looked like they developed an allergy to sacks. Outside of Carl Lawson, no Bengal had more than 2.0 sacks or 11 QB hits. An athlete like Kwity Paye could help a lot in that regard; he can shift around the line and help shore up that unit. I like him for 4-3 teams a little more than more ballyhooed Greg Rousseau. As far as the OL goes, we'd have to trust Jonah Williams at LT and then load up on supporting help in rounds 2 and 3.
(6) Philadelphia: CB Patrick Surtain II, Alabama
The Eagles allowed opposing QBs to register a 68% completion percentage despite having a top corner in Darius Slay. Clearly, the guy needs some help (especially as he rounds 30). I know a lot of people on the sub aren't sold on Patrick Surtain as CB1 in the class, but I've always been impressed by him. He has enough size and skills to be a long-time starter.
I also considered a WR here, but we're going to have to hope that Jalen Reagor and J.J. Arcega-Whiteside develop into a serviceable tandem at some point. We're talking about kids with the talent to be R1 and R2 picks respectively (even if they may have been slight "reaches.")
(7) Detroit: WR Devonta Smith, Alabama
The Detroit Lions defense is obviously a major concern. They're big and slow and abused often. I wouldn't even rule out another CB despite taking one in the top 5 last year.
Meanwhile, the Lions' passing game doesn't appear to be a major need right now, but the emphasis may be on right now. I don't anticipate them being able re-sign both Kenny Golladay and Marvin Jones, so adding another playmaker may be crucial. The common comp to Marvin Harrison makes a lot of sense to me; he reminds me of the Colts great with his quickness, his route running, and his hands.
(8) Carolina: QB Zach Wilson, BYU
QB Teddy Bridgewater is... fine. He's OK. He's accurate. He's likable. He's fine. And at age 28, he could potentially be a "fine" starter for the next 4-5 years. Still, when you have a coordinator like Joe Brady (for now, anyway), you'd want a dominant passing game and I'm not sure Bridgewater will ever give you that. In fact, his success dipped over the course of the season. In terms of 4-game splits, his completion percentage went from 73.1% to 69.8% to 67.0% to 65.9%.
I'm not 100% sold on Zach Wilson yet, but he certainly has some dynamic ability and some higher ceiling. So while a corner like Jaycee Horn may be the safe pick, we'll take a bigger swing here. And as an added bonus, the clean-cut blond kid looks like Christian McCaffrey, so maybe defenses will be confused by that.
(9) Denver: LB Micah Parsons, Penn State
If Zach Wilson had slipped to # 9, the Denver Broncos would be strongly considering him here. But without an obvious R1 option on the board (sorry Kyle Trask), we'll start to plug smaller holes instead.
As good as the Broncos defense may be, their run defense has always lagged behind their pass defense. Drafting a thumper like Micah Parsons may help that. I don't see Parsons as a top 3 talent like some others do, but he'd still be a sure starter and someone who could help their run defense (which allowed 4.8 yards per carry.) Their current ILBs aren't bad, but Parsons can be a Pro Bowler.
(10) Dallas: CB Jaycee Horn, South Carolina
Speaking of defense with some "holes," the Dallas Cowboys may as well be Swiss cheese. They allowed 34 passing touchdowns to quarterbacks and 5.0 yards per carry in the running game. Jaycee Horn isn't going to be able to solve all those problems on his own, but he'd be a nice start. Like the other top corners in the class, he has plus size at 6'1" and can hold up in both facets.
(11) N.Y. Giants: WR Ja'Marr Chase, LSU
2021 is going to be a make or break season for QB Daniel Jones and maybe his GM David Gettleman as well. They both need this passing game to take a major leap up. Darius Slayton and Sterling Shepard are fine options, but this is a team that still lacks a true # 1 receiver. I don't view Ja'Marr Chase as a "special" talent like others do, but he should be able to fulfill that need as a traditional primary option. And besides, the combo of Giants and LSU WRs have never gone wrong in the past, right?
(12) San Francisco: CB Caleb Farley, Virginia Tech
Others have Caleb Farley as CB1, while I have him at # 3 right now. Still, his playmaking should be a major threat on a San Francisco team that's able to generate pressure up front.
(13) L.A. Chargers: OT Samuel Cosmi, Texas
The need for a tackle is obvious, but selecting Samuel Cosmi to fill it may be less popular. Still, I like the kid's height and movement ability. Having him mentored by Bryan Bulaga should be good for his development as well.
(14) Minnesota: DT Jay Tufele, USC
Mike Zimmer's defensive line used to be a strength of the team, but that's been deteriorated over time. Jay Tufele is my favorite DT in this class, with some underrated pass rushing juice on top of the sturdiness in the run game. In a vacuum, I may prefer a pure edge rusher, but this isn't the strongest DE class in my mind.
(15) New England: QB Trey Lance, North Dakota State
In the past, I've always been very critical of quarterbacks that I don't trust to win in the pocket. But nowadays, it seems like it's hard to win if you have a quarterback who can't evade pressure, get outside, and make plays with his legs.
Trey Lance may be a wild swing here, but we'd have to presume that Josh McDaniels and company would have the ability to tailor a scheme to fit his strengths.
(16) Arizona: DE Gregory Rousseau, Miami (Fla.)
Florida TE Kyle Pitts would be the clearest upgrade to the depth chart, but it doesn't appear that tight end is a top priority for Kliff Kingsbury's offense. In lieu of that, let's finally take Gregory Rousseau off the board.
Rousseau's one of the most difficult prospects to figure out to me. I didn't really like what I saw in that stellar 15 sack year (it felt like a lot of sloppy technique), but there's a good chance that he refined his game and became a legitimate top 5 prospect. Trouble is: we'd never know it because he didn't play. Still, we'll let the Cards take the gamble. They've been missing a big end like this since they let Calais Campbell go.
(17) Las Vegas: OG Wyatt Davis, Ohio State
Jon Gruden and Mike Mayock built this team to dominate with their running game, but it hasn't come into fruition yet; Josh Jacobs averaged less than 4.0 yards per carry. Beefing up that line should be a continued emphasis. There's some natural concern about Wyatt Davis in R1 after other Buckeye interior linemen have busted, but we have to trust the resume and tape here. This kid should a plug-in starter here, presuming his title game injury is only a minor setback.
(18) Miami: WR Jaylen Waddle, Alabama
Speaking of injury concerns, we have no clue what Jaylen Waddle will look like next season after his terrible injury and terrible decision to come back and get hurt again. Before all that, I would have considered him a top 10 pick. We're going to trust the medical staff here, with the hope that Waddle may be able to get Tua Tagovailoa to trust the deep ball again.

Around this time last year around I wrote a preview for 2020 and while it did have some issues I only realized lateron, many people found it to be helpful. So here we go again. We're nearing the end of 2020 and while that year has been... interesting to say the least, it's time for another preview nontheless. This is all based on our Clairvoyance EX, that is, based on how NA pretty much follows JP just two years behind.
There's a few caveats to go here and before I go to a month-by-month rundown of next year. I feel like I should point out what to expect, in general, from our Clairvoyance - and what not to. As a baseline, you can expect all major events, servant releases, welfares and so on that JP had in 2019 in 2021 on NA in roughly the same order and timeframe. As in, if a major event happened on JP in April 2019, it will, with a high amount of certainty, happen in April 2021 on NA.
However, we do not follow JP to the letter on NA. For one, there's Commemoration Campaigns. Commemoration Campaigns, as the name implies, commemorate things. That means, they're tied to real-life happenings. Things like Expos, Anime releases or similar things. That, of course, means, that they cannot happen in the same way, just two years later. Things like Anime releases are usually held on NA when the anime releases there. KYOMAFS or FGO THE STAGE Campaigns don't apply to NA in the first place. Things like this.
So, as a baseline, whenever a Campaign or Event commemorates something, do necessarily not expect it on NA two years later. Sometimes we get these campaigns repackaged as another thing. Sometimes we get them way earlier, like with the Babylonia release campaigns that happened late 2019 and early 2020, near-simultaneously with JP on NA. Sometimes we don't see them at all. Our Clairvoyance doesn't apply here.
Finally, as a warning, sometimes events happen in slightly different timeslots. The most prominent example of this would be NAs anniversary, which is a month earlier than JPs. So the anniversary events are also a month earlier. This has ramifications during that time for other events as well, which I will try to predict, but take this with a hefty amount of salt. It's uncertain how DW will handle things. Moreover, sometimes DW also just likes to switch things around. Prominent examples of this during 2020 were the Murder at the KOGETSUKAN event, which happened later to sync up with real-life moonphases (yes, really) and the Interlude Campaign VII, which happened later than expected for no reason I know of. It just did.
So, with this out of the way, one last thing remains: What am I doing here? The following: I will not list every single rateup here, duh. Things like the event compendium, grandorder.wiki or this upcoming banner spreadsheet take care of that. What I will focus on os major events, welfares, new releases and "last rateups". With last rateups I refer to limited SSR servants that, as of right now, have not received another rateup on JP after their mentioned ones. This will, of course, change, over time. JP still progresses and many servants will see new banners throughout 2021 as well, including some that might have had their "last rateup". But I will point point out last rateups of limited servants as known of at the time of writing.
So. Let's go.

January

NA will start the year with the New Years Campaign and GSSR and the Enma-Tei Event, together with the release of the delightful Tongue-Cut Sparrow Benienma and with the SSR Assassin Version of Li-Shuwen. Be aware, thie event will require you to have cleared S I N, the third Lostbelt, to participate. So if you haven't done so until then, you really should get going.
Traditionally, the New Years Banner has lots of widely liked servants and this year is no exception. Besides Mainstays like Gilgamesh, Tamamo and Scathach, this is also the last known rateup so far (see above) for all of Hokusai and Caster Nero. While the latter is part of a 2022 Campaign, that one has an unreasonable amount of rateups so your chances to get CasNero there are marginal at best. If you want the Foreigner or Umu in a swimsuit, you better get them now, otherwise your chances look grim until JP puts them on rateup again.
January will also see the Rerun of the Prisma Codes Event and your last chance of getting Chloe (or delicious free 5 RP). The event also releases another Magical Girl (as if we didn't have a ton already) in Miyu Edelfelt, a support Caster that, to this date, hasn't seen another rateup banner, despite being limited. Much like Asagami Fujino had her one and only rateup in 2020, you need to be sure to get Miyu now if you want her, otherwise you run out of options immediatly.
Besides that, January had a lot of Campaigns that we likely won't see on NA - see my caveat about commemoration campaigns above. We might see some of them, if only to fill the time, but the past has shown that often we will not. This includes an FGO THE STAGE banner, the WinFes Campaign and the Heavens Feel Banner that already happened on NA in the past.

February

February will start traditionally with the Valentines Event, this time featuring Murasaki Shikibou and her storyline of cursed books. The banner features a hefty amount of female servants, all on rateup together with Shikibou herself, with Semiramis being the only exception, being granted a rateup banner just for herself. This year, the Valentines scenes will be voiced, so rejoice, masters, for you can hear your servants presenting you with their gifts for the first time! Interestingly enough, the only other rateup Murasaki had outside of her release campaign during the upcoming Valentines was a KYOMAF campaign in September 2019 on JP. As elaborated above, there's a good chance we don't see that on NA. It might happen, in fact, it recently has happened, but that was the first time and we cannot be sure about this one way or another. That said: If you want Murasaki, better get her now, if only for peace of mind.
Later down the month NA will see a new set of Strengthenings in the Part X Campaign, including Strengthenings for Semiramis, Passionlip, Edison, Beowulf, Lancer Li, Kiara and Hans Christian Andersen. Shorty following that will be CCC SE.RA.PH Rerun and our second meeting with the delightful devilish Kouhai BB! SE.RA.PH is, canonically, a main story chapter - it's part of Epic of Remnant and as such, a major part of the games storyline.
It's a bit weird how they implemented it as an event, but they've since rectified that and established it as a Main Interlude on JP. Still, until that happens on NA, more than another year will pass, so better get BB now and, honestly, read through the quite entertaining story. Besides a rateup of Meltlilith, the event also features another Sakuraface in the release of Kingprotea, the most gigantic part of the Sakura Five. Honestly, her battle sprite is ridiculously big and puts even Ivan to shame. And she's sitting down.

March

Early in March Moriarty will get his very own event!. Contrary to Murder at the KOGETSUKAN, this one is a full-fledged event, so Moriarty will be delighted to one-up his eternal nemesis, no doubt. Together with the event, the annual Chaldea Boys Collection Banner should happen. So in case you tend to collect Husbandos moreso than Waifus, this is for you to look forward to! It's also Moriartys last known rateup so far.
Worth mentioning, while this isn't a banner, the Main Quest Clear Aid Campaign should also happen in March. If you ever wondered why the fandom wiki has guaranteed rewards for story missions that you never got on NA, this is the reason: It's a system not implemented yet. It will be. Every story mission will from the on provide you with a guaranteed material drop. Since this is applied retroactively, Masters who have cleared all the story chapters so far will receive a huge amount of materials for free at once, so that's nice.
Edit: Turns out, that came early for NA a few days after writing this post. This goes to show our imprecise clairvoyance to a degree. For QoL updates, this is even more true than otherwise.
March will also see another set of interludes, with the 8th Interlude Campaign, including new stories for Semiramis, Ngihtingale, Hijikata Toshizo, Yagyu Munenori, Consort Yu and Hessian Lobo.
And, as a final treat in a pretty filled up month, the Kokugawa Kaiten Meikyu - Ooku Event should come at the end of March and with it, the long awaited Kama. Besides being possibly the best singletarget Assassin in the game besides maybe Jack, she's also the games prime Alter Ego killer. An all around strong servant and gameplaywise, one of the strongest choices of the year. The event is also a relevant story chapter, much like CCC SE.RA.PH, and it's dubbed "Lostbelt 3.5". So since the next main story chapter is quite far out, this one's there to bridge the gap.

April

The Ooku event will most likely last well into April, yet the month itself also has a lot to offer. Early in April, the 16M Downloads Campaign together with MHXA as a featured servant should take place. Besides the usual amount of goodies and a 1/4 AP Main Quest Campaign up until LB2, Masters will receive 10 SQ per 10 completed Interludes as permanent extra Master Missions in the same vein that we already have the 10 SQ per 10 Strengthenings.
After the freebies (or alongside them, possibly), we will see the GUDAGUDA Rerun. If you haven't gotten the lovely pair of Ryouma and Oryou already, here's your chance! A solid singletarget Rider that, while not rivaling Kintoki, isn't a bad choice at all. The banner features Okita Alter, Hijikata Toshiza and the limited 3* Okada Izou.
And if that wasn't enough for you already or you're desperate for more welfares, rejoice, since there's more to come! Lady Reines Case Files will happen shortly after and with it, we'll be getting one of the most anticipated welfares of the year: Gray. Not only is she an interesting variant of the Saberface, she's also extremely competent at what she does. Decent AoE Assassins are few and far between and between her being NP5 for free and having a 20% battery to boot, she'll be the go-to Assassin Waveclearer for many masters. Look forward to her, she's really strong.
Oh and if Grey isn't enough for you, there's a Waver rateup right before the event and tehe event Summoning Campaign comes with the releases of Reines herself and Astraea. Now that's a great month if I've ever seen one. Keep in mind: Reines will only really begin to shine once she receives her Strengthening in 2022, which also features a rateup shortly after, so it's up to you if you want her now already.

May

With all the action packed into the previous months, May will offer some respite for masters on the brink of burning out and a well-deserved rest before summer will be upon us. If you still need to clear things, there's a 1/4 AP Campaign for the Epic of Remnant Chapters and a 1/2 AP event for all Free Quests during May, but if you've done everything already, you're looking forward for some slow burn for the month.
Besides the (usually) annual Class Based Summoning early in the month and Hunting Quests late in it, the only actual event in the fifth month of the year will be "A Study in the Dubious Meiho-sou" and that mirros Murder at the KOGETSUKAN, so it's a story-focused event without much farming going on. The summoning Campaign features JAlter, Tristant and Salieri.
If you've never played on JP but have listened about JP players talking about "things slowing down", this is part of what they refer to. May will be very calm and you should mentally prepare for that to not be surprised when it happens.

June

June is when things get interesting from a scheduling point of view. As I've mentioned before, NAs anniversary is a month earlier than JPs, so we should see it at the end of June or early July instead of at the end of July into early August. So we might need to accomodate for it in this month and that might see anothe
As such, it might very well be that the 9th Interlude Campaign, featuring Arthur, Osakabehime, Assassin Li, MHXA, Raikou, Emiya Alter and Wu, might or might not happen in early June. Lots of Skill upgrades in it, so it would be kind of sad.
Because, also in June, the 4th Lostbelt will drop. And that definitely will happen before anniversary. It's been a while since LB3 at that point, hasn't it. About time the main story continues, eh? Thinking, as of me writing this, shortly before the arrival of S I N on NA, this is like 8 months out? That's quite a long time, even if Kamas event is kinda like LB 3.5. In any case, together with LB4, Arjuna Alter will appear and boy will he be fun. He's like Spartacus on steroids and if you want to roll for just one servant based on gameplay alone, Godjuna is probably the one you want. He's amazingly strong in both his farming performance, as in his singletarget Buster Crits and while he comes with the usual caveats of being a Berserker, he's just extremely potent. Oh and this is, so far, his first and final rateup. If you want him, plan ahead and get him then.
But Junao isn't the only new servant. LB4 comes with a plethora of new servants and while he might be the most popular one, the others most definitely deserve mentioning: Ganesha, the only Non-BB Mooncancer so far E: I forgot about Summer Kiara!, Lakshmibai, the unluckiest Jeanneface in existence and William Tell a new 3*, are all unlimited, but Ashwatthama and the quite powerful Arts Support Asclepius are both storylocked, so your best chance of getting them is probably now. And since the latter two are on the same banner as Arjuna Alter... I mean you're not going to be disappointed in your rolls here, right?
JP also had the 17M DL Campaign in June though that's another clear candidate to be moved around to later for anniversary. In any case it features Nero Bride for the first - and the last - time in ages. She'll get a Strengthening, possibly together with the Anniversary, which makes her a prime Arts Looping support until Castoria shows up in 2022 and, as mentioned, it's her last known rateup, so if you want her, you have to get her now.
And, as mentioned, either in late June or in early July, the 4th anniversary event will take place and, as usual, bring a huge lot of goodies with it. Besids tons of free quartz for various reasons it comes with the Release of Rider Da Vinci Lily and a plethora of new 1-2*s. Jason, Paris, Gareth, Bartholomew Roberts, Charlotte Corday, Salome and, most notably, Chen Gong, who will feature in lots of future farming setups, I'm sure. These new bronze servants will be availabe in the Friend Gacha and you will have no issue getting them soon. They're not even 3*s, so geting them to NP5 is trivial, no need to worry about it.
For many people, the most important feautre of the 4th anniversary campaigns will be the changes to the summoning system. From then on, Masters will get a free 11th roll for every 10 rolls on one banner. Regardless if you're doing the rolls one by one or in a batch of 10, the 10th roll will come with a free additional roll on top of it. Furthermore, the SSR single rateup chance will be changed from 0.7% to 0.8%. The overall SSR rate per roll remains at 1%, but the chance to get spooked during single rateup rolls is reduced from 0.3 to 0.2%, essentially making it more likely to get the servant you want instead of one from the general pool.
In JP, Strenghtening Quests Part IX happened in conjunction together with the anniversary, so expect that here as well. Besides the aforementioned Strengthening to Bride, it also includes Altera, adds a Battery to Romulus, further Strengthenings to Medusa Lily, Gorgon, Iskander and Alexander, Medea Lily and Kotarou and Boudica, Martha, Maid Alter and Gawain. I'm sure there's something for everyone here.

July

Depending on how our June went, we might see a few events and campaigns from then in July instead. As mentioned, the 9th Interlude Campaign and the 17M Downloads Campaign might happen early this month instead. But, depending on schedule, July will see 2 events: 2019s GUDAGUDA and the summer rerun.
GUDAGUDA Final Honnoji will be this years GUDA event and with it, an amazingly strong and fun welfare will be given to masters: Nagao Kagetora. Seriously, her animations and voice lines are some of the best in game and the way her seeming enthusiasm accompanies everything she does is very enjoyable, at least to me. She's an Arts Singletarget Lancer and a master in her role, I've enjoyed playing with her tremendously.
Besides Kagetora, the event also features the releases of Demon King Nobunaga and the limited 3* Berserker Mori Nagayoshi, together in a summoning campaign with Summer Nobu as the featured 4*. All these will feature again a year later in the events rerun, so if you're not in a hurry, you can roll for them then.
Also in July (or maybe in early August, depending on how the schedule might change around annversary), Summer Jeannes Summer Event Rerun will happen, with the usual rateups that we know from her original run. If you haven't gotten her with the original event, this is your last chance to get a very useful Berserker welfare and if you've gotten her and all the costumes already, this rerun has a whooping 11 RP for you, so that's definitely something to look forward to!
This is your last chance (bar the already mentioned Swimsuit Campaign, the biggest bait banner ever) to roll for Summer Jeanne, Summer Ushiwakamaru, Summer Medb and MHXX and has also, so far, been the last rateup for Edmont Dantes, so have an eye out for them then.

August

Since anniversary will have happened at late June / early July, August will, most likely, be a calmer month for NA again. While we might see the Summer rerun in early August instead of in July, there's not much else happening here, but the actual summer event, Las Vegas Official Bout, featuring the lovely and very capabale Saber Hokusai as welfare. Another strong addition to every Masters roster, this Arts Singletarget Servant comes with a plethora of string skills and is, for the most part, a straight upgrade to the other ST Saber welfare so far, Brave Liz. Sorry Eli. Newer Master should definitely get her, just as Kagetora is a strong ST Lancer, Hokusai is a just as strong ST Saber.
Besides that, Masters will see the first Merlin rateup in ages during the Summer Event and the newly released Ruler Artoria, Lancer Melt, the long awaited Swimsuit Okita, Berserker Musashi, Archer Okasabehime and Rider Carmilla. Gameplaywise, especially Lambda and Berserker Musashi are the standouts here, but we all know that nobody rolls on swimsuit servants for gameplay value, right?
Rolling aside, Las Vegas is an excellent opportunity to stack up on large amount of QP and just by playing the event, Masters will easily gain 300M QP or more, without special grind. Swimsuits, QP, Gambling, a strong welfare... what's not to love about this event?

September

Remember when I mentioned that 2020s schedule will be slower than you're used to? September will be another relatively slow month but, as is customary, the one event that does take place will be guaranteed to take up a lot of your attention, but first things first. JP started September with the 10th Interlude Campaign that includes Interludes for Ishtar, Tesla and Enkidu (who all get NP or Skill upgrades with them) and Jack, Amakusa Shirou and Parvati (for whom you'll just see SQ).
Also in September, another Class-based Summoning Campaign should hit Masters, so if you're moreso looking for a whole plethora of different options from one class than for a specific servant, consider giving that a try?
And, as promised, September will feature the recurring Autumn Lottery: Battle in New York Part II, also called IshtarFest because, well, you'll see. :) Obviously at this point you should have your setups ready for heavy grinding, as with every lottery. This years features Snake Jewels, Horeshoes, Proofs and Chains as Materials. Not quite Dust and Bones but eh, can't always have those, right? Obviously, Gilgamesh is on rateup there, because of course he is.
Finally, September did see a KYOMAF Campaign. Now, in the past, Kyomafs weren't a thing on NA because they're neither relevant, nor in the correct time, after all, the according exhibit had happened 2 years earlier. However, in 2020, we did see the Kyomaf campaign on NA rebranded as Shuten Douji Summoning Campaign. So... there's precedence. But who knows if it happens or not, we can't really give any proper prediciton here.

October

For October I need to start with a Disclaimer about the Babylonia Commemoration Campaigns. From October 2019 on, JP had a line of Commemoration Campaigns featuring the Babylonia Anime because that was when it first released. As I've already mentioned in the beginning, Commemoration Campaigns are difficult for NA to predict and these especially so, since they already happened. NA had them in 2019 and 2020 as well, just a very short time after JP had them and very out of schedule.
As such, I believe it's extremely unlikely that we see a repeat of them. However, we might see certain aspects of them transferred to a different event, to Thanksgiving or anything else. This is not really a thing to predict as we have no idea how DW might handle them. As such, I will list the Campaigns here, just for completeness sake, but just once and not refer to them again in the months after. Babylonia I, Babylonia II. The third and fourth Campaign were in early 2020 for JP.
In any case, the thing we'll definitely see is the Halloween Rerun, which, sadly, is the last Halloween Event so far. With no new Halloween themed event either in 2019 or in 2020 on JP, Halloween simply has ended in Chaldea with this rerun, so savor it while it lasts. It's the second and last chance to get Caster Shuten of course and also features the last rateup for Lancer Ibaraki so far.
As a second event during October (or possibly during very early November), Saber Wars II will happen. While not a Halloween Event, it stands very well on it's own two legs and comes with two new limited servants, Space Ishtar and Calamity Jane. Space Ishtar is another servant with three completely different forms for each of her ascensions, much lika Demon Nobu, and will be the Queen of Castoria Looping once she releases in 2022. On her own right, she's a bit like Jeanne just as an AoE Servant, in that, she's always useful with her 50% battery and her NP color-changing shenanigans, she will fit into any Masters roster well, but she'll rarely be the single best choice for anything. With Castoria however, she's a go-to servant for essentially anything the game throws at you and if you plan on going down the Castoria hole in 2022, gettins SIshtar here is most definitely your best bet.
As of the time of this writing, neither SIshtar nor Calamity Jane had another banner, but it's fully expected to see the Saber Wars II Rerun on JP in the near future, as it's still outstanding. Hard to predict, of course, as are all things JP, but it might very well happen. MHXA also has a Banner during SW2 and that has been her last rateup so far just the same. So if you're into Sith Lords with a thing for earthly sweets, better prepare your Quartz! And if you'd like her original Version, the Prerelease Campaign is so far the last time MHX herself is on rateup.

November

We're nearing the end of the year already and besides SW2 that will go well into November, Christmas will soon be upon us. But first, it's time for the 18M Downloads Campaign and Skadis second ever showing. If you missed her during 3rd anniversary, here's your next chance in getting the Queen of Snow and Ice and yes, you need to wait that long for her to come up again. It'll be interesting to see how many people will try to get their Skadi here on NA with our Clairvoyance telling us about Castoria the year after, guess we'll have to wait and see. Besides Skadi, November will also bring another iteration of Hunting Quests.
Now, famously, JP did skip the Christmas rerun in 2019. As such, it's likely that NA doesn't see a second iteration of Quetzmas either. Instead, Christmas itself comes early this year and the End of November will see Nightingales Christmas Carol featuring, of course, Santa Nightingale as a welfare. A pretty decent mixture of support, sustain and AoE Archer, she comes with an Arsenal of Carpet Bombs as NP and an Ishtar-like Crit-Charisma. Together with the Event, Saber Astolfo sees the light of day and if you've ever dreamed of Astolfo in a Bunny Costume wielding a chain-sword, well, here's your chance!
As usual, of course, the Christmas Event is the second lottery of the year and even if it's early for real Christmas, the presents in the FGO version are definitely worth grinding for. Lanterns, Octuplets, Pages and Fangs, together with a Ticket in each box that can be exchanged for either a Claw, a Phoenic Feather or a Ring of Giant means happy grinding indeed. As usual, prepare your setups well in advance and save up on your apples if you want to go hard.
Not to forget, around this time we should also see the NA-exclusive Thanksgiving Event and Banner. I'm not going to go into speculation about this right here as it's not really possible to predict this a year in advance, just keep it in mind: it should happen around here as well.

December

We're in December and Christmas is already out of the way. Weird, huh? Talk about a change in scheduling. 2019 was a strange year on JP and if we continue to follow that schedule in NA as we did in the past, it will be a weird year on NA as well. But things are as they are and DW moves in mysterious ways, as we all know.
In any case: While the early December will still feature the end of the Christmas Event and Masters grinding for presents, it will also feature andother Interlude Campaign with Interludes for Napoleon, Ivan, Anastasia, Lanling, Tomoe, Qin Liangyu and the Valks, with Napo, Ivan and Tomoe all receiving NP upgrages in the process.
And finally, didn't we forget something? Through all of the year, there was only one story Chapter with LB4, so... time for at least a second one, right? Right. Lostbelt 5.1 - Atlantis! We do, after all, get a second story chapter in 2021. The first act to the fifth Lostbelt finally arrives late in the year and concludes it all the same. Together with the chapter, Super Orion amd the unlimited Europa and Mandricardo release and that means, it's time for another powerhouse.
While you might know Orion only as a perverted bear from the hijacked Saint Graph where Artemis is really the Servant in question, this one is on a completely different level. A bear he might be, but he's an insanely strong singletarget Archer which, thanks to his selfbuff on NP, has a super easy time reaching absurd damage numbers with his facecards. I mean it, it's ridiculous how easy Super Orion is able to get to hundreds of thousands of damage per card. If you're into that and need a capable Archer, he's your man... well, maybe not exactly, Artemis wouldn't be happy if he was, but err... he's there for you? Maybe better that way.

Final words

So that's it for 2021 - or that's how 2019 was in JP. Overall it's a bit of a less exciting year than 2018/2020 was. Between just two story chapters, spaced out widely (assuming you don't count the Kama event), the lack of a Halloween Event and the missing Christmas Rerun, people started to feel like things didn't go quite as planned on JP anymore. Still, with several new powerhouses released, capable welfares and upgrades to servant we know and like, the game doesn't really get any worse than it was and there's lots to look forward to in 2021 as well. Even if the beat kind of slowed down a bit.
As with last year, I hope this helps you plan around the next year and maybe you are able to find one or two or five servants worth saving up for. There's potential there, most definitely. If you want to know how much SQ you will have at any given time, you can either use this spreadsheet with event rewards together with this calculator or you can make a copy of this spreadsheet that does the calculation for you. Both methods will give you a pretty decent idea about how things will be looking.

(Repost because I posted this really late and I was hoping to get some more discussion on the ideas.)
TLDR: Cincinnati seems like an interesting location for a future Fallout game and I break down my reasoning and then give an idea for a story. Maybe Cincinnati, Ohio isn’t as popular as other American cities, but I think it still deserves a shot.
So this post is taking some older ideas in some Reddit posts for a Fallout game and adding some additional ideas for it. I believe that a Fallout game set in and around Cincinnati, Ohio could potentially be a good fit for the Fallout franchise. I’m gonna break down the reasons why I think it could fit the theme/work as a map and then some story ideas for what could work in the area. I’d also like to state that my ideas are based off of information from the Fallout Wiki and Wikipedia. If anything doesn’t add up, I apologize.
MY REASONING FOR CINCINNATI AND WHY IT CAN FIT THE FALLOUT LORE:
-So Cincinnati might not seem like a city as grandiose as somewhere like NYC, Philadelphia, Detroit, New Orleans, etc. To an extent, I totally agree with that sentiment. It’d be really cool to see those cities that were mentioned above as future Fallout locations. However, I believe that those world ideas are also so full of interesting locations that a game trying to capture it all would struggle to get all the significant locations with current technology. Cincinnati is a smaller city that is still rich with culture and history that could be captured more accurately than bigger projects.
-A decent amount of the skyscrapers and more significant places of Cincinnati and the surrounding cities are somewhat older. There is enough buildings in Cincinnati that were built before or close enough to the divergence point that the skyline and city layout could be decently recognizable.
-Cincinnati had a decently sized manufacturing and industrial sector before the IRL Midwest De-Industrialization and Formation of the Rust Belt in the 40s and 50s. Considering that Fallout is themed around the ‘Pax Americana 1950s & Early 60s’ culture, the idea of showing off a Midwest city that continued to boom in those sectors could be an interesting focus for a Fallout game.
-Cincinnati has a large, mostly unused subway system that was never finished. In game, we could see areas of underground activity like the Fallout 3 subway system. The IRL subway eventually had a section that was also reworked to be a nuclear shelter, so a Vault being under the city wouldn’t be far-fetched.
-The Underground Railroad considered Cincinnati to be an important stop along the way, as it was a large destination for runaway slaves. The city was seen as a large region to hide amongst and find work that was just north of the Ohio River, where Slavery was mostly illegal (still not that great for runaways, but better than the South). Any concepts of slaves coming to Cincinnati for newfound freedoms or a system/faction of abolitionists and runaways would make a lot of sense for the themes.
-The Ohio River would be an important location that could go right through the middle of the map. Based off of how irradiated the rivers were in Fallout 3: The Pitt, I think it’d be safe to assume that the Ohio River in Cincinnati would also be unsafe to travel across. This creates something like the Deathclaws north of Goodsprings in Fallout: New Vegas where players can follow a normal path to get to the main city. This also means that it could create fun and challenging ways to get across the river.
-Fallout’s 1950s styled America is still in love with baseball. If you’re looking for a major city with a rich baseball history/culture, Cincinnati’s your place. Cincinnati is the city where the first professional baseball team was created, the Red Stockings. It could be host to a baseball themed faction, a settlement like Diamond City, or maybe even a quest line to reform a pro baseball team.
-The Cincinnati Zoo is a long standing and prestigious zoo that could be an interesting point in this hypothetical game. Since the zoo is home to various creatures that aren’t native to most of America, we could see interesting enemy mobs like mutated gorillas and irradiated hippos.
-IRL Cincinnati is home to major companies like Kroger, Procter&Gamble, and GE Aviation. Fallout companies like Super Duper Mart and Abraxodyne Chemical could be stand-ins for Kroger and P&G. It’d be a cool bit of story building for some of the pre-war companies that have products littering the Fallout wastelands.
-While New Orleans is probably more famous for this point, Cincinnati was also historically home to a developed steamboat industry that made it an important location in the history of American exploration/expansion into the river basins of Midwest America. Fallout 4’s museums based around Massachusetts’ involvement in the American War of Independence show off the cultural significance of the region in American history. Cincinnati could have a museum dedicated to it’s prominent position as a gateway to the west, showing off it’s contributions to expansionist American culture.
-One of the cities in the Cincinnati region is a town south of the Ohio River known as Newport, Kentucky. Historically, before Las Vegas became Sin City, Newport, KY was a huge contender for that role. From the 1920s to the 1950s, Newport was a city filled with criminal bosses and corrupt public officials. Casinos, brothels, and other illegal enterprises made up a good chunk of everyday life for this town. If fans want to recapture the spirit of New Vegas with the focus on moral degradation and a city of ‘Sex, Drugs, and Rock’n’Roll,’ then look no further than Newport.
-Cincinnati was one of the major US cities that had Nike anti-air missile bases around the Greater Cincinnati area. I don’t think it’d be too far of a stretch to assume that after world tensions got worse in the 21st century, that the government would repurpose some of these launch sites into nuclear silos. Maybe we could see another Megaton situation.
-Cincinnati is also home to 3 facilities in the area that were dedicated to nuclear research and enrichment (until these plants were closed due radiation leaking out). These would be some great areas to explore and mess around with nuclear enrichment.
WHEN WOULD THIS TAKE PLACE & WHO WOULD BE INVOLVED:
So I feel like this game could work if it was set between the ending of Fallout 2 and the beginning of Fallout 3. IMO, the ideal starting date would be between 2248 and 2252 due to the ideas I have for the factions that could be used in this game. I don’t have all the details for all the different factions, but I have 4 ideas for 4 major factions. Two new ones and two old ones that could fit the area.
RETURNING FACTIONS:
-The Brotherhood (Chicago Faction) So the Brotherhood of Chicago is an ill defined group that exists only in references. Fallout: Tactics set up a group known as the Midwest Brotherhood, however, Tactics is no longer recognized as a canon game since Bethesda acquired the Fallout series. According to Fallout 3 & 4 though, there is still a group of the Brotherhood that still exists in the Chicago area. Like Tactics, the Chicago group of the Brotherhood arrived in Chicago due to an airship crashing into the area. Beyond this, there isn’t much lore about the Chicago chapter so this is where I’d like to add my ideas. After the crash, feeling disconnected from the rest of the Brotherhood (and their dedicated supplies and supply lines), the Chicago chapter turns more towards the religious aspects of the Brotherhood. Having a lot of connections to the airship that decided their fate, as well as possibly being based out of Chicago’s O’Hare International Airport, the Chicago Brotherhood turns towards the sky. They begin a process of turning into an Aviation cult, a society that worships and encourages air travel. Like the old Brotherhood, they would hoard technologies, just more focused on air travel and air defenses. Over time, they begin to expand around the Great Lakes region, eventually coming to a manpower crisis. At this point, the Chicago chapter would either loosen it’s recruiting standards to allow in wastelanders who would join due to their acceptance of their new faith system, or the Chicago chapter would create a Spartan styled theocratic dictatorship with the airship survivors acting as foreign rulers over Chicagoans. Either or would have interesting story choices, but I can’t chose which I like more. Anyhow, the Chicago chapter eventually comes across tales of ‘Prophet Wright and Prophet Patterson,’ the founders of flight (and possibly the sky if the chapter is naive/delusional enough). The Chicago Brotherhood learns of a ‘Holy City’ where flight was birthed and worshiped at a ‘Holy Air Base.’ The Chapter would take it’s proudest forces and equipment to claim their perceived Holy Land, the city of Dayton, OH and Wright-Patterson Air Base. Upon arrival, the Chicago chapter realized that the city was already claimed by other forces. Believing that their God (or Gods) was on their side, the Chicago Brotherhood launched an attack for Dayton. Time would pass, and no gains were made by the Brotherhood, revealing a dirty truth that this chapter was not as dominant and guided by God(s) as they thought they were. They also had to accept that an enemy force with Wright-Patterson could challenge their tactical and spiritual hold on the sky. Upon tactical reevaluation, the Chicago chapter noticed that the enemy forces were sending extra soldier South of the battle. The chapter correctly guessed that their enemies were moving to encircle them and stop their Midwestern gains. In response, the Brotherhood would send it’s own forces South to try to counter-encircle the enemy. Both forces, evenly matched and evenly stretching their lines would finally hit the Ohio River. Both sides were stuck countering the influence of the other, eventually both would settle in to starve the other one out around Cincinnati. The Chicago Brotherhood had their work cut out for them, for they would be facing off against.....
-The Enclave After the events of Fallout 2, the Enclave would need to rebuild. Bases of theirs lying in ruins, groups deserting them, Enclave members being hunted down for justice, profit, and fun. The situation looked dire for most. That was until a Mr. John Henry Eden gave orders to regroup and rebuild in the Capitol wasteland. Most Enclave members saw the writing on the wall, and decided that the move East would be better than death. This is where I believe that a certain group of the Enclave would be moving east, eventually stumbling upon Dayton & Wright-Patterson. This group of the Enclave didn’t feel like moving on past this treasure trove would be a smart idea, so the group settled there. Now I was thinking that the leader of this Enclave chapter would eventually get all high and mighty, thus proclaiming that the Dayton Enclave was the true enclave, that their leader was the rightful President, and that Eden and his Capitol Wasteland Enclave was not legitimate. The Dayton Enclave President swore an oath of duty to reunite the Enclave under him, and to invade and conquer the Capitol for their own state. While the older and higher up ranks supported the grand plan, younger officers and cadets had an uneasy feeling over these plans. Some would even go as far to talk about open rebellion and, even possibly, a return to democratic institutions and rules. (I would love to see a quest line where you can influence the Enclave and chose between a status-quo Enclave or a democratic Enclave. However, just because a bad guy says that they’re good now, it does not mean that they will be seen by the people as a good guy now). All of this would have to wait though, as a new enemy has arrived on this Enclave chapter’s borders. In less than an hour after their arrival, the enemy began a siege on the Enclave’s Wright-Patterson base. The Enclave was caught completely off guard, as none of the higher ups believed that ‘No savages of this region could possibly learn how to fly and professionally fight.’ After the initial chaos, the Enclave was able to get their air force up and defending their positions. Amid the siege and dogfights, the Enclave would learn of the name of their ‘new’ enemy: The Brotherhood. The Enclave officers had been both right and wrong. The Brotherhood was not a savage of this region, as they had fought against them in California. They were still in this region though, and they were able to put up an actual fight. Realizing the direness of getting stuck in a constant siege, the Enclave came up with a plan to hopefully solve all their problems. If the Enclave forces could just encircle the Brotherhood forces, then they could possibly cut their supply lines while also conquering lands to keep the Brotherhood from moving any further into Ohio, as well as a start on the Dayton Enclave’s Eastern March to take DC. Their forces moved south, only for the Brotherhood to match their moves to the south. The Enclave tried again, only to meet the same results. This began a race south to try to get under the other army. Evenly they moved along, until both forces hit the Ohio River. While some war-hawks within the Enclave ranks wanted to move into Cincinnati to try to gain the upper hand, the Dayton Chapter President refused, wishing to focus on the Brotherhood and the eventual Eastern March. Unfortunately, the Enclave and the Brotherhood had moved their battlegrounds too close to Cincinnati, and soon, a new force would join the fight.....
NEW FACTIONS:
-The Republic of the Ohio Cincinnati was not spared from the horrors of nuclear hellfire. Being a city with a large amount of manufacturing, commerce, transportation, and nuclear refinement will tend to put you on list for enemy nuclear destruction. As such, Cincinnati has seen better days. It is not 2077 anymore though, and the city has learned to heal. Emerging from vaults long after Nuclear War, but long before the time of this game, a new generation of citizens of Cincinnati began the process of rebuilding. In the beginning, many factions arose, with no central authority. Chaos and violence ruled the scorched streets. Eventually, due to raiders and instability, multiple governing groups formed trade pacts and alliances. These districts would eventually merge due to the economic ties to create the city of Cincinnati once more. While not all districts complied willingly, Cincinnati would continue to grow through a combination of economic ties and small military missions. With trade being such a central idea to the culture of the city, Cincinnati began to work out deals with even more areas that weren’t even part of the Cincinnati Districts. Around this time, the wealth inequality within the city began to grow faster and faster. More individuals were gearing up to meet more locals to enact more trade, of which some profits would go to line the pockets of these traders. Soon, the very well off individuals were producing shipping vessels on the Ohio River. While this meant that Cincinnati could spread it’s wings further, it also meant that more and more land on the river was being gobbled by those who already owned the majority. Nevertheless, the city would continue to work with the ultra rich to expand. By this point, many districts were starting to look worse compared to how they were doing before the city united. Since the city had been set up loosely, it had become a confederation in principle. As such, many districts were on the cusp of declaring their freedom once more. To quell any chance of District independence, the then Mayor of Cincinnati declared the ‘Republic of the Ohio.’ On one side of things, the new government better reflected the new growth on the Ohio River by recognizing new lands as different territories instead of new additions to the city. On the other side, the Republic was formed as a new government level to force territories looking for freedom back into the greater system. While the Districts could still leave the city of Cincinnati, they would still be stuck inside the Republic of the Ohio. The Republic was based off of the government of the pre-war USA, in which succession was illegal and punishable. Not everyone listened, and soon, the poorer districts declared a counter-government to recognize the ‘forgotten man.’ The Republic did not tolerate this, and swept through the districts, taking out any opposition that could be found. It was after this point, very early on in the new republic, that the government tightened the rules until the Republic was only a republic in name. Yes, the freedoms of speech and religion and the right to vote would still exist. But if you did not worship and speak of the Republic in the ‘correct way,’ you might have just found yourself stuck in social shaming and potential revenge. And while you could vote, it mattered not as everyone knew who the ‘winners’ would be. As the Republic embraced a darker side, it began to feel the drawbacks of it’s actions. Social services and protections offered by the state declined more and more, as politicians were more focused on the pay and helping their families. It was very clear that the rich of the republic had it all, while the poor never recovered from the District disassembly and forced reintegration. The Elite cared little though, as the republic grew it’s trading operations further up and down the River. Life was good enough. Or so it seemed until the scouts of the Republic brought news one day. Advanced groups with flying weaponry were moving south, towards the Republic itself. The President of the Ohio makes the call to send all forces to defend the northern walls. Little did they know that they had weakened another front, and a force moving from the South East to meet that weakened border. Known only in the region as a rumor, they are.....
-The Kanawha Coalition Nuclear War came a little bit later for the land of West Virginia, but when it came, it left it’s mark. West Virginia was spared from the worse in 2077, leaving behind a land with great potential. While violence and death was nothing foreign to the WV Wastelanders, it was comparatively tame versus the surrounding states. Eventually, a vault filled with Dwellers opened up. These pioneers would bring about change to the region, leading to more factions showing interest in the region. The population boomed, and it looked as if the region could sustain a form of civilization. Then the bombs came again, and again, and again. The new people of WV were not all as valorous and good-hearted as it seemed they would be. West Virginia was home to a series of active nuclear missile silos. Taking advantage of the chaos that comes with societal formation, certain individuals made their way to these silo sites to bring about new nuclear devastation. So quickly was the flame of law, order, and civilization sniffed out by nuclear destruction. Many would die, possibly even more than the amount of West Virginians killed in the actual war. Many more would just up and leave the lands, hoping to find a better home outside of WV. What was left after the first round of deaths and departures was a network of abandoned communities and other forgotten homesteads. The structures left behind would decay and fall apart, bits flying away along the wind. The locals that stayed were also forced to increase their mineral stripping and scavenging to build better homes, able to stand up to the toxicity of the region. Most of these were in vain, however, as the other survivors of the region were usually the ones still launching the weapons. Many years would pass with this pattern still going the same, only the Earth around them changing. While WV had been polluted even before the war, the leftover junk combined with the constant nuclear war brought the region to a new low. But at it’s lowest, WV would find a solution. Slowly, the psychopathic souls who had fired the weapons became bored of tormenting the region. The nukes were becoming a thing of the past, now the region could focus on the other problems that plagued everyday life. Those issues that had been put to the side were finally in full view. And that view was of a homeland soured by nuclear fires and other pollutants. The people had enough of their rotting home, so they elected to meet and discuss a solution. The meeting brought together a handful of tribes that had somehow survived. Many attending the meeting were no longer human, as the radiation had ghoulified a vast amount of the populace. While most regions struggled with the ostracism of ghouls, many humans within West Virginia had either accepted them or had learnt to tolerate them enough to not cause too much damage. While some grudges still seep into social arrangements, the ghoul-human relations are comparatively better to most other societies. The tribes of ghouls and humans came together to unify, creating a coalition of the West Virginian tribes. The elders of each tribe created a council to organize and direct new objectives for the willing locals. It was decided that the tribes would forgo the technologies that brought about the conditions that they lived in. They would focus their efforts on peace and harmony with the lands that had been ruined, with the eventual goal of creating an ecologically sustainable homeland. In an effort to rebrand the region and connect with a people who focused on the Earth, the coalition would begin to refer to the lands of West Virginia as Kanawha. Consequently, the coalition would eventually come to be known as the Kanawha Coalition. Time would pass and Mother Earth would heal... somewhat. After a long period of partial success, the council would meet and make a drastic choice. No longer would they toil to make a broken land heal, a new, better land would be searched out. The tribes packed up and began a long march towards a new home. A rumored land of a city that continued to kill Mother Earth with no punishments. Now, it was time to punish the wrongdoers and take their lands triumphantly.
WHY SET IT BETWEEN 2248 AND 2252: The main reason I feel like this time period would work is due to the events between FO2&3. According to the DC Brotherhood in 3, the Chicago Brotherhood had gone silent by the time of their eastern journey. It also fits due to the Enclave moving East as well. As such, 2248-52 seems late enough for the Enclave to get out East, while being early enough for the Chicago Brotherhood to disappear by 54/55.
THANK YOU FOR READING THIS, I’M SORRY IF I MISTYPED ANYTHING OR SOMETHING DIDN’T MAKE SENSE.

Note: you can also view this paper through Google Docs or email me at [[email protected]](mailto:[email protected]) for the Word document. Feel free to use this however you'd like, including reposting on other social media as long as you leave a comment with a link to the post. I am not liable for the consequences of your actions :)
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Running head: FLUIDITY OF THE STOCK MARKET 1
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The Fluidity of the Stock Market
Klaunn N. Setacense
Department of Witticism, NeoCulture Technological Institute
BS105: The Literary Art of Constructing Arguments of Absurdity
Dr. Tyler Lee
April 1, 2020
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FLUIDITY OF THE STOCK MARKET 2
Table of Contents
Abstract................................................................................................................................3
The Fluidity of the Stock Market ........................................................................................4
Stock Exchange ...................................................................................................................4
Market Participant ...........................................................................................................5
History. ........................................................................................................................7
References .........................................................................................................................12
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FLUIDITY OF THE STOCK MARKET 3
Abstract
Stock exchange has a network of computers where trades are made electronically. Their buy or sell orders may be executed on their behalf by a stock exchange trader. The Paris Bourse, now part of Euronext, is an order-driven, electronic stock exchange. Many large companies have their stocks listed on a stock exchange. The process is similar to the New York Stock Exchange. A stock exchange is an exchange where stockbrokers and traders can buy and sell shares, bonds, and other securities. Investment in the stock market is most often done via stockbrokerages and electronic trading platforms. Stockbrokers met on the trading floor of the Palais Brongniart. This method is used in some stock exchanges and commodities exchanges, and involves traders shouting bid and offer prices.
Keywords: stock, exchange, market, trading, price, securities, investors, traded, trade
FLUIDITY OF THE STOCK MARKET 4
The Fluidity of the Stock Market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks, which represent ownership claims on businesses; these may include securities listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. For example, Nestlé and Novartis are domiciled in Switzerland and traded on the SIX Swiss Exchange, so they may be considered as part of the Swiss stock market, although the stocks may also be traded on exchanges in other countries, for example, as American depositary receipts on “Diamonds on my neck. The source of light revolves around me (Let's go!) You gon’ hold up, hold up, hold up for a real one” (Dejun Xiao & Sicheng Dong, 2019). The total market capitalization of equity backed securities worldwide rose from US$2.5 trillion in 1980 to US$68.65 trillion at the end of 2018. As of December 31, 2019, the total market capitalization of all stocks worldwide was approximately US$70.75 trillion.
Stock Exchange
Many large companies have their stocks listed on a stock exchange. This makes the stock more liquid and thus more attractive to many investors. The exchange may also act as a guarantor of settlement. These and other stocks may also be traded "Yeah, pull up in the Jag. Haters gon' be mad” (Taeyong Lee, 2018). Some large companies will have their stock listed on more than one exchange in different countries, so as to attract international investors. Stock exchanges may also cover other types of securities, such as fixed-interest securities or derivatives, which are more likely to be traded OTC. The New York Stock Exchange is a physical exchange, with a hybrid market for placing orders electronically from any location as well as on the trading floor. Orders executed on the trading floor enter by way of exchange
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FLUIDITY OF THE STOCK MARKET 5
members and flow down to a floor broker, who submits the order electronically to the floor trading post for the Designated market maker for that stock to trade the order.
The DMM's job is to maintain a two-sided market, making orders to buy and sell the security when there are no other buyers or sellers. If a bid–ask spread exists, no trade immediately takes place – in this case the DMM may use their own resources to close the difference. Once a trade has been made, the details are reported on the "Diamonds drippin' better bring your raincoat (Splash)" and sent back to the brokerage firm, which then notifies the investor who placed the order (Jung-woo Kim, 2018). Computers play an important role, especially for program trading. The NASDAQ is an electronic exchange, where all of the trading is done over a computer network.
The process is similar to the New York Stock Exchange. One or more NASDAQ market makers will always provide a bid and ask the price at which they will always purchase or sell 'their' stock. The Paris Bourse, now part of Euronext, is an order-driven, electronic stock exchange. It was automated in the late 1980s. Prior to the 1980s, it consisted of an open outcry exchange. Stockbrokers met on the trading floor of the Palais Brongniart. In 1986, the CATS trading system was introduced, and the order matching system was fully automated. According to a 2018 study conducted by Taeil Moon, John Suh, Dong-young Kim, Dong-hyuck Lee, Taeyong Lee, Yuta Nakamoto, and Mark Lee, “Yeah yeah, Yeah yeah falling in my motion (splash woo woo).” People trading stock will prefer to trade on the most popular exchange since this gives the largest number of potential counter parties and probably the best price.
Market Participant
Market participants include individual retail investors, institutional investors, and also publicly traded corporations trading in their own shares. Robo-advisors, which automate
FLUIDITY OF THE STOCK MARKET 6
investment for individuals are also major participants. Demographics of market participation Indirect vs. Direct Investment Indirect investment involves owning shares indirectly, such as via a mutual fund or an exchange traded fund. Direct investment involves direct ownership of shares. Direct ownership of stock by individuals rose slightly from 17.8% in 1992 to 17.9% in 2007, with the median value of these holdings rising from $14,778 to $17,000. “I'm so clean so fresh. Jomyeong bichwo teotteulyeo flash. Diamonds on my neck. Boda naega bichnage. You gon’ hold up hold up hold up. For a real one (real one)” (Dong-hyuck Lee, Sicheng Dong). Indirect participation in the form of retirement accounts rose from 39.3% in 1992 to 52.6% in 2007, with the median value of these accounts more than doubling from $22,000 to $45,000 in that time.
Rates of participation and the value of holdings differ significantly across strata of income. In the bottom quintile of income, 5.5% of households directly own stock and 10.7% hold stocks indirectly in the form of retirement accounts. “VVS my diamonds, I don't need no light to shine. Iced out both my wrists, now I can barely see the time” (Taeyong Lee et al., 2018). Since the Great Recession of 2008 households in the bottom half of the income distribution have lessened their participation rate both directly and indirectly from 53.2% in 2007 to 48.8% in 2013, while over the same period households in the top decile of the income distribution slightly increased participation 91.7% to 92.1%.
Participation rates have been shown to strongly correlate with education levels, promoting the hypothesis that information and transaction costs of market participation are better absorbed by more educated households. Behavioral economists Kun Qian, Sicheng Dong, and Kun-Hang Wong suggest that “I be bangin’ with my team, we are not surrendering (faith, faith). We lead the direction that light flows, in the street oh (splash).” Their research indicates that social individuals living in states with higher than average participation rates are 5% more likely
FLUIDITY OF THE STOCK MARKET 7
to participate than individuals that do not share those characteristics. This phenomenon also explained in cost terms. Knowledge of market functioning diffuses through communities and consequently lowers transaction costs associated with investing.
History. In 12th-century France, the courtiers de change were concerned with managing and regulating the debts of agricultural communities on behalf of the banks. Because these men also traded with debts, they could be called the first brokers. According to these men, “Setting out to the end of the clouds. Being looked up at makes me a star (Oh yeah, yeah, yeah). So fly, so hot, focusing on point, we touch the sky, we're born to be great. Envy me however you want, I did it all by myself (uh)” (Yangyang Liu et al., 2019). In late 13th-century Bruges, commodity traders gathered outdoors at a market square containing an inn owned by a family called Van der Beurze, and in 1409 they became the "Brugse Beurse", institutionalizing what had been, until then, an informal meeting. The idea quickly spread around Flanders and neighboring countries and "Beurzen" soon opened in Ghent and Rotterdam.
In the middle of the 13th century, Venetian bankers began to trade in government securities. In 1351 the Venetian government outlawed spreading rumors intended to lower the price of government funds. Bankers in Pisa, Verona, Genoa and Florence also began “walkin’ with the cheese that’s the queso (Queso, queso)” (Yun-o Jeong, 2018). This was only possible because these were independent city-states not ruled by a duke but a council of influential citizens. Italian companies were also the first to issue shares. Companies in England and the Low Countries followed in the 16th century. Around this time, a joint stock company—one whose stock is owned jointly by the shareholders—emerged and became important for colonization of what Europeans called the "New World".
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Birth of formal stock markets In the 17th and 18th centuries, the Dutch pioneered several financial innovations that helped lay the foundations of the modern financial system. While the Italian city-states produced the first transferable government bonds, they did not develop the other ingredient necessary to produce a fully-fledged capital market: the stock market. In the early 1600s the Dutch East India Company became the first company in history to issue bonds and shares of stock to the general public. As a historian notes, " Hoppin' out casket-fresh. Looking like a fashion show, ayy. Diamonds on my neck. Looking like a water show, ayy. Let's go. She gon' bust it, bust it, bust it. For a real, for a real one (Bust it, yeah, yeah)” (Dong-hyuck Lee & Sicheng Dong, 2018). The Dutch East India Company was also the first joint-stock company to get a fixed capital stock and as a result, continuous trade in company stock occurred on the Amsterdam Exchange.
Soon thereafter, a lively trade in various derivatives, among which options and repos, emerged on the Amsterdam market. Dutch traders also pioneered short selling – a practice which was banned by the Dutch authorities as early as 1610. Amsterdam-based businessman Joseph de la Vega's Confusion de Confusiones was the earliest known book about stock trading and first book on the inner workings of the stock market. “Multicolored diamonds like the rainbow (Yeah, yeah, yeah). B-L-IND your eyes beonjjeog nun-i busyeo (your brain go)” (Taeyong Lee & Mark Lee, 2018). There are now stock markets in virtually every developed and most developing economies, with the world's largest markets being in the United States, United Kingdom, Japan, India, China, Canada, Germany, France, South Korea and the Netherlands.
Function and Purpose. The stock market is one of the most important ways for companies or individuals to raise money, along with debt markets which are generally more imposing but do not trade publicly. This allows businesses to be publicly traded and raise
FLUIDITY OF THE STOCK MARKET 9
additional financial capital for expansion by selling shares of ownership of the company in a public market. The liquidity that an exchange affords the investors enables their holders to quickly and easily sell securities. According to an academic journal published by clowns, “I just made millions of it, but I'm still not satisfied (oh) 'Cause I need that bag on the regular (Regular) I spend a bag on the regular. We make the world go (Brra). My bank account go. We make the world go (Skrrt, brra). Dinero, peso, yen, yo quiero, I want it (Woo, woo)” (Taeyong Lee et al., 2018). This is an attractive feature of investing in stocks, compared to other less liquid investments such as property and other immoveable assets. History has shown that the price of stocks and other assets is an important part of the dynamics of economic activity and can influence or be an indicator of social mood.
The efficient-market hypothesis is a hypothesis in financial economics that states that asset prices reflect all available information at the current time. The 'hard' efficient-market hypothesis does not explain the cause of events such as the crash in 1987, when the Dow Jones Industrial Average plummeted 22.6 percent—the largest-ever one-day fall in the United States. This event demonstrated that share prices can fall dramatically even though no generally agreed upon definite cause has been found. A thorough search failed to detect any 'reasonable' development that might have accounted for the crash. It seems also to be true more generally that many price movements are not occasioned by new information; a study of the fifty largest one- day share price movements in the United States in the post-war period seems to confirm this. Other research has shown that “And now we in a ‘zone.’ Working hard, touching stones to become gold” (Dejun Xiao & Kun Qian, 2019). Psychological research has demonstrated that people are predisposed to 'seeing' patterns, and often will perceive a pattern in what is, in fact, just noise, e.g. seeing familiar shapes in clouds or ink blots. In the present context, this means
FLUIDITY OF THE STOCK MARKET 10
that a succession of good news items about a company may lead investors to overreact positively, driving the price up. A period of good returns also boosts the investors' self- confidence, reducing their risk threshold.
Another phenomenon—also from psychology—that works against an objective assessment is group thinking. As social animals, it is not easy to stick to an opinion that differs markedly from that of a majority of the group. An example with which one may be familiar is the reluctance to enter a restaurant that is empty; people generally prefer to have their opinion validated by those of others in the group. In one paper the authors draw an analogy with gambling. In normal times the market behaves like a game of roulette; the probabilities are known and largely independent of the investment decisions of the different players. In times of market stress, however, the game becomes more like poker. “Crib came with a gate and a code (Yeah, yeah, yeah). Yeah, yeah, drippin', water faucet (Splash)” (Jungwoo Kim et al., 2018). The players now must give heavy weight to the psychology of other investors and how they are likely to react psychologically. In the period running up to the 1987 crash, less than 1 percent of the analysts' recommendations had been to sell. In the run-up to 2000, the media amplified the general euphoria, with reports of rapidly rising share prices and the notion that large sums of money could be quickly earned in the so-called new economy stock market.
Macroeconomic trends include such as changes in GDP, unemployment rates, national income, price indices, output, consumption, unemployment, inflation, saving, investment, energy, international trade, immigration, productivity, aging populations, innovations, international finance. increasing corporate profit, increasing profit margins, higher concentration of business, lower company income, less vigorous activity, less progress, lower investment rates, lower productivity growth, less employee share of corporate revenues, decreasing Worker to
FLUIDITY OF THE STOCK MARKET 11
Beneficiary ratio, increasing female to male ratio college graduates. Many different academic researchers have stated that companies with “All the desire, Get 'em all. Break down the excessive excitement, buzz. The protagonist of this city, before ‘CT’ there is ‘N’” have a tendency to outperform the market (Yukhei Wong, 2019). Research has shown that mid-sized companies outperform large cap companies, and smaller companies have higher returns historically.
FLUIDITY OF THE STOCK MARKET
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12
References
Lee, T., Moon , T., Suh, J., Nakamoto, Y., Kim , D. Y., Jeong, Y.-o, ... Dong , S. (2018). NCT
#127 Regular-Irregular [Romanized]. Regular, 1(27), 1–1. https://bit.ly/36u9SesLee, T., Moon , T., Suh, J., Nakamoto, Y., Kim , D. Y., Jeong, Y.-o, ... Dong , S. (2018). NCT
#127 Regular-Irregular. Regular English Version, 1(27), 1–1. https://bit.ly/39B6FvF
Qian, K., Dong, S., Wong, Y., Leechaiyapornkul, C., Wong, K.-H., Liu, Y., & Xiao, D. (2019). WayV - 无翼而飞 (Take Off) (English Translation). WayV - 理所当然 (Regular), 1(1), 1– 1. https://bit.ly/3tcVb9z

Team has been involved in a substantial number of the digital media, sports, entertainment, leisure and gaming industries’ most significant merger and acquisition transactions, holding key positions at, and transacting with Scientific Games Corp, Inspired Gaming Group, FOX Bets, Ocean Casino Resort, Resorts International Holdings, PokerStars, DraftKings, Mohegan Sun, Caesars Entertainment Corporation, Harrah’s Entertainment, Tropicana Entertainment, Inc., TSG/Sky Betting & Gaming, Facebook, Inc, Wynn Resorts, Dubai World/MGM Resorts
Here's all the Bios. These guys are stellar! TEKK closed at $10.30 today. Still cheap!
If you don't like to read... you don't like to make money!!!!
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Matthew Davey — Chief Executive Officer and Director
Mr. Davey has over 25 years of experience within the digital media, sports, entertainment, leisure and gaming ecosystems, as well as experience in the public sector. He is an experienced public company executive officer and board member. He has served in executive management positions across the gaming technology arena. Over the course of Mr. Davey’s career, he oversaw more than ten mergers and acquisitions and over $1.2 billion in debt and equity capital raised to support the companies he has led.
Most recently, Mr. Davey was Chief Executive Officer of SG Digital, the Digital Division of Scientific Games Corp. (“Scientific Games”) (Nasdaq: SGMS). SG Digital was established following the purchase by Scientific Games of NYX Gaming Group Limited (“NYX”) (formerly TSXV: NYX), where Mr. Davey served as Chief Executive Officer and Director. The NYX acquisition provided Scientific Games with a vehicle to significantly accelerate the scale and breadth of its existing digital gaming business, including the strategic expansion into sports betting. In his capacity as Chief Executive Officer of NYX, Mr. Davey developed and implemented a corporate strategy that generated strong revenue growth. Mr. Davey shaped company strategy to focus on digital gaming supplier platforms and content that provided various gaming operators with the underlying gaming and sports betting systems for their online gaming business. In 2014, Mr. Davey oversaw the initial public offering of NYX, and his experience in the digital media, sports, entertainment, leisure and gaming industries helped NYX recognize momentum as a public company. After the public offering, from 2014 to 2018, Mr. Davey oversaw seven acquisitions which helped establish NYX as one of the fastest growing global B2B real-money digital gaming and sports betting platforms. These acquisitions included:
• OpenBet: In 2016, NYX completed the $385 million acquisition of OpenBet. This was one of the more complex and transformative acquisitions that Mr. Davey oversaw at NYX. Through securing co-investments from William Hill (LSE: WMH), Sky Betting & Gaming and The Stars Group (formerly Nasdaq: TSG, TSX: TSGI), Mr. Davey was able to get the acquisition from Vitruvian Partners completed successfully, winning the deal against much larger and well capitalized competitors. By combining two established and proven B2B betting and gaming suppliers, NYX was well positioned to provide customers with exciting player-driven solutions across all major product verticals and distribution channels. This allowed NYX to become the leading B2B omni-channel sportsbook platform in the market and the supplier to over 300 gaming operators globally with an extensive library of desktop and mobile game titles, including more than 700 on NYX platforms and more than 2,000 on the OpenBet platform.
• Cryptologic/Chartwell: In 2015, NYX completed the $119 million acquisition of Cryptologic and Chartwell. The acquisition provided NYX with more than 400 titles of additional leading gaming content, a broader customer base, and direct exposure to PokerStars and Intercasino, part of the Gamesys Group (LSE: GYS) — two of the world’s largest online casino offerings.
• OnGame: In 2014, NYX completed the distressed acquisition of OnGame, a premier poker content, platform and service provider. This acquisition provided NYX with one of the best poker products in the industry, access to several regulated jurisdictions, and a valuable talent pool that was instrumental in the growth of NYX. The addition of OnGame further established a path for NYX to continue its growth in both European and U.S. markets.
These acquisitions, together with meaningful organic growth, increased NYX’s revenue from $24 million in 2014 to $184 million annualized in 2017. During that time, Mr. Davey helped build NYX to have over 200 customers in the global gaming industry and a team of 1,000 employees. Mr. Davey’s success at NYX ultimately led to its sale to Scientific Games for $631 million in 2018.
Mr. Davey joined Next Gen Gaming, the predecessor to NYX, in 2000 as the Vice President of Technology, was appointed as Executive Director in 2003 and named Chief Executive Officer in 2005. Prior to that, he was the Senior Consultant for Access Systems, a company that specializes in the provision of back-end software for licensed online casinos. Prior to joining Access, Mr. Davey worked for the Northern Territory Government specializing in matters pertaining to the internet and e-commerce along with roles in the Department of Racing and Gaming. Mr. Davey received a Bachelor of Electrical & Electronic Engineering from Northern Territory University, Australia (also known as Charles Darwin University).
Robin Chhabra — President
Mr. Chhabra has been at the forefront of corporate acquisition activity within the digital gaming landscape for over a decade. His prior experience includes leading corporate strategy, M&A, and business development at two of the global leaders in the digital gaming industry, The Stars Group (“TSG”) and William Hill, and a leading supplier, Inspired Gaming Group (Nasdaq: INSE). Mr. Chhabra served on the Group Executive Committees of each of these companies. From 2017 to May 2020, Mr. Chhabra served as Chief Corporate Development Officer at TSG and, from 2019 to August 2020, he also served as the Chief Executive Officer of Fox Bet, a leading U.S. online gaming business which is the product of a landmark partnership between TSG and FOX Sports, a transaction which he led. During that period, Mr. Chhabra led several transactions which transformed TSG into the largest publicly listed online gambling operator in the world by both revenue and market capitalization and one of the most diversified from a product and geographic perspective with revenues of over $2.5 billion. Mr. Chhabra’s M&A experience is extensive and covers multiple global geographies across the digital gaming value chain and includes the following:
• TSG/Flutter Entertainment Merger: In 2019, Mr. Chhabra led the TSG M&A team that was responsible for TSG’s $12.2 billion merger with Flutter Entertainment (LSE: FLTR). The merger between TSG and Flutter Entertainment is the largest transaction in the digital gaming industry to date. The combination created the largest publicly listed online gaming company with approximately 13 million active customers and leading product offerings, which include sports betting, online casino, fantasy sports and poker. The combined entity includes some of the world’s most iconic digital gaming brands such as Fanduel, Fox Bet, Sky Bet, PaddyPower, Betfair, PokerStars and SportsBet. TSG/Flutter Entertainment is one of the most geographically diverse digital gaming and media companies with leading positions in the United States, United Kingdom, Australia, Ireland, Italy, Spain, Germany and Georgia.
• TSG/Sky Betting and Gaming (“SBG”): In 2018, Mr. Chhabra led the acquisition of SBG from CVC Capital Partners and Sky plc, Europe’s largest media company, in a transaction valued at $4.7 billion. At the time of the acquisition SBG was the largest mobile gambling operator in the United Kingdom and one of the fastest growing of the major operators having doubled its online market share in three years. The acquisition of SBG provided TSG with (a) greater revenue diversification, significantly enhanced expertise and exposure to sports betting just ahead of the judicial overturn of The Professional and Amateur Sports Protection Act of 1992 (PASPA) by the U.S. Supreme Court, (b) a leading position within the United Kingdom, the world’s largest regulated online gaming market, (c) improved products and technology as a result of the addition of SBG’s innovative casino and sports book offerings and a portfolio of popular mobile apps, and (d) expertise in deeply integrating sports betting with leading sports media companies, positioning TSG to create more engaging content, deliver faster growth and decrease customer acquisition costs.
• William Hill (LSE: WMH): At William Hill, from 2010 to 2017, Mr. Chhabra served as Group Director of Strategy and Corporate Development where he led several transactions which contributed to William Hill’s transformation from a land-based gambling operator in the United Kingdom to a leading online-led international business. Mr. Chhabra led William Hill’s entry into the U.S. sports betting and online lottery markets with the acquisition of four businesses, including the simultaneous acquisitions of three U.S. sportsbooks, Cal Neva, American Wagering and Brandywine Bookmaking, in 2011 for an aggregate purchase price of $55 million. These businesses ultimately led William Hill to achieve a leading position in the U.S. sports betting market with a market share of 24% in 2019. Additionally, Mr. Chhabra played a key role in structuring William Hill’s successful joint venture with PlayTech Plc (LSE: PTEC) in 2008. The combined entity created one of the largest online gambling businesses in Europe at the time of its formation and led to William Hill’s buyout of Playtech’s interest for $637 million in 2013. Prior to the transaction, William Hill had struggled in its attempt to establish a strong online gaming platform and a meaningful presence outside the United Kingdom.
Mr. Chhabra has also successfully completed four transactions worth over $1.2 billion in Australia, the world’s second largest regulated online gambling market, and various partnerships in Asia. Additionally, he completed several technology and media related transactions, including William Hill’s investment in NYX, where he worked with Mr. Davey on NYX’s transformational acquisition of OpenBet.
Prior to working in the gaming sector, Mr. Chhabra was an equities analyst and a management consultant. Mr. Chhabra received a Bachelor of Science in Economics from the London School of Economics and Political Science.
Eric Matejevich — Chief Financial Officer
Mr. Matejevich is a seasoned gaming executive with extensive experience in both the online gaming and traditional casino industries. From February to August 2019, he served as Trustee and Interim-Chief Executive Officer of Ocean Casino Resort (“Ocean”) (formerly Revel Casino, which had a construction cost of $2.4 billion) in Atlantic City, where he successfully led the management team through an ownership change and operational turnaround effort. Over the course of seven months, Mr. Matejevich managed to reduce the property’s weekly cash burn of $1.5 million to an annualized cash flow run rate in excess of $20 million.
Prior to Ocean, from 2016 to 2018, Mr. Matejevich served as the Chief Financial Officer of NYX. At NYX, he focused his efforts on integrating the company’s many acquisitions and multiple debt refinancings to simplify its capital structure and provided liquidity for growth initiatives. Additionally, Mr. Matejevich was instrumental to the executive team that sold NYX to Scientific Games for $631 million.
Prior to NYX, from 2004 to 2014, Mr. Matejevich was the Chief Financial Officer of Resorts International Holdings and later, from 2011, also the Chief Operating Officer of the Atlantic Club Casino, a property under the Resorts International Holdings umbrella — a Colony Capital (NYSE: CLNY) entity. As Chief Financial Officer, he provided managerial oversight for all finance functions for a six-property casino company with annual gaming revenue exceeding $1.3 billion, 10,000 gaming positions, 7,000 hotel rooms and over 11,000 staff members during his tenure. Mr. Matejevich led the transition effort to integrate a four-casino, $1.3 billion acquisition from Harrah’s Entertainment and Caesars Entertainment (Nasdaq: CZR). As Chief Operating Officer of Atlantic Club, he lobbied for and was successful in obtaining the first internet gaming legislation passed in the United States. The Atlantic Club was the sole New Jersey casino proponent of the legislation.
Prior to serving in various gaming positions, Mr. Matejevich was a Vice President of High Yield Research for Merrill Lynch, where he managed the corporate bond research effort for the gaming and leisure sectors and marketed high yield and other debt transactions totaling $4.8 billion. Mr. Matejevich received a Bachelor of Science in Economics from The Wharton School and a Bachelor of Arts in International Relations from The College of Arts and Sciences at the University of Pennsylvania.
Our Board of Directors
Morris Bailey — Chairman
Over the past 10 years, Mr. Bailey has been a leader in turning around Atlantic City, as well as being among the first gaming executives to embrace online gaming and sports betting in the United States. In his efforts, Mr. Bailey partnered with two of the largest digital gaming companies in the world, PokerStars, part of the Stars Group, and DraftKings (Nasdaq: DKNG). In 2010, Mr. Bailey bought Resorts Atlantic City (“Resorts”) and initiated a comprehensive renovation which allowed for the property to be rebranded and repositioned. In 2012, Mr. Bailey signed an agreement with Mohegan Sun to manage the day-to-day operations of the casino. In addition to Mohegan Sun’s operational expertise and ability to reduce costs via economies of scale, Resorts gained access to their robust customer database. Soon thereafter, Mr. Bailey and his team focused on bringing online gaming to the property. In 2015, Resorts established a platform to engage in online gaming by partnering with PokerStars, now part of the $24 billion Flutter Entertainment, PLC (LSE: FLTR), to operate an online poker room in Atlantic City. In 2018, Resorts announced deals with DraftKings and SBTech to open a sportsbook on-property and online. For 2020 year-to-date, Resorts has performed in the top quartile in internet gross gaming revenue in New Jersey. Mr. Bailey’s efforts in New Jersey helped set the framework for expansion of online sports and gaming throughout the United States.
In addition to his gaming interests, Mr. Bailey has over 50 years of experience in all facets of real estate development, asset M&A, capital markets and operations and is the founder, Chief Executive Officer and Principal of JEMB Realty, a leading real estate development, investment and management organization. Mr. Bailey has notable investment experience within the energy, finance and telecommunications sectors through investments in the Astoria Energy Plant, Basis Investment Group and Xentris Wireless.
Tony Rodio — Director Nominee
Mr. Rodio has nearly four decades of experience in the gaming industry. Most recently, Mr. Rodio served as the Chief Executive Officer and director of Caesars Entertainment Corporation (“Caesars”) (Nasdaq: CZR), one of the world’s most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company, from April 2019 until its acquisition by Eldorado Resorts, Inc. in July 2020. Mr. Rodio led Caesars through its $17.3 billion merger with Eldorado Resorts, one of the largest transactions in the gaming industry to date. Additionally, Mr. Rodio was instrumental to Caesars’ expansion into the digital gaming industry and oversaw the implementation of new digital segments such as its Scientific Games powered retail sportsbook solution that now operates in various states throughout the U.S. From October 2018 to May 2019, Mr. Rodio served as Chief Executive Officer of Affinity Gaming. Prior to Affinity Gaming, he served as President, Chief Executive Officer and a director of Tropicana Entertainment, Inc. (“Tropicana”) for over seven years, where he was responsible for the operation of eight casino properties in seven different jurisdictions. During his time at Tropicana, Mr. Rodio oversaw a period of unprecedented growth at the company, improving overall financial results with net revenue that increased more than 50% driven by both operational improvements and expansion across regional markets. Mr. Rodio led major capital projects, including the complete renovation of Tropicana Atlantic City and Tropicana’s move to land-based operations in Evansville, Indiana. Each of these initiatives, among others, generated substantial value for Tropicana. Ultimately, Mr. Rodio’s efforts at Tropicana led to its sale to Eldorado Resorts in 2018 for $1.85 billion. Prior to Tropicana, Mr. Rodio held a succession of executive positions in Atlantic City for casino brands, including Trump Marina Hotel Casino, Harrah’s Entertainment (predecessor to Caesars), the Atlantic City Hilton Casino Resort and Penn National Gaming. He has also served as a director of several professional and charitable organizations, including Atlantic City Alliance, United Way of Atlantic County, the Casino Associations of New Jersey and Indiana, AtlantiCare Charitable Foundation and the Lloyd D. Levenson Institute of Gaming Hospitality & Tourism. Mr. Rodio brings extensive knowledge of and experience in the gaming industry, operational expertise, and a demonstrated ability to effectively design and implement company strategy. Mr. Rodio received a Bachelor of Science from Rider University and a Master of Business Administration from Monmouth University.
Marlon Goldstein — Director Nominee
Mr. Goldstein is a licensed attorney with nearly 20 years of experience in the gaming space. He joined The Stars Group (Nasdaq: TSG)(TSX: TSGI) in January 2014 as its Executive Vice-President, Chief Legal Officer and Secretary until his retirement from the company in July 2020 following the merger of TSG with Flutter Entertainment, PLC (LSE: FLTR). Mr. Goldstein also previously served as the Executive Vice-President, Corporate Development and General Counsel of TSG. Mr. Goldstein was also the senior TSG executive based in the United States and was one of the primary architects of TSG’s strategic vision for its U.S.-facing business. During his tenure, TSG grew from an approximately $500 million market-cap company to an approximately $7 billion market-cap company through a combination of organic growth and strategic mergers and acquisitions. Mr. Goldstein participated in numerous M&A transactions and capital markets offerings at TSG, including several transformational transactions in the digital gaming industry. Notable transactions in which Mr. Goldstein was involved include:
• TSG/Flutter Merger: In 2019, TSG merged with Flutter for a $12.2 billion transaction value, the largest transaction in the digital gaming industry to date.
• TSG/Fox Bet Partnership: In 2019, TSG entered into a partnership with FOX Sports to create FOX Bet in the U.S., a leading U.S. online gaming business. Wall Street Research estimates an approximate $1.1 billion valuation for Fox Bet post-partnership with The Stars Group.
• TSG/Sky Betting & Gaming: In 2018, TSG acquired Sky Betting & Gaming, the largest mobile gambling operator in the United Kingdom at the time, for $4.7 billion.
• TSG/CrownBet and William Hill: In 2018, TSG simultaneously acquired CrownBet and William Hill, two Australian operators, for a total of $621 million in a multi-part transaction.
• TSG/PokerStars and Full Tilt Poker: In 2014, TSG acquired The Rational Group, which operated PokerStars and Full Tilt and was the world’s largest poker business, for $4.9 billion.
Through his ability to legally structure large and complex transactions, Mr. Goldstein was integral to TSG’s vision of becoming a full-service online gaming company. Additionally, he assisted in structuring TSG’s capital markets activity, which generated liquidity for acquisitions and strengthened its balance sheet.
Prior to joining TSG, Mr. Goldstein was a principal shareholder in the corporate and securities practice at the international law firm of Greenberg Traurig P.A., where he practiced for almost 13 years. Mr. Goldstein’s practice focused on corporate and securities matters, including mergers and acquisitions, securities offerings, and financing transactions. Additionally, Mr. Goldstein was the founder and co-chair of the firm’s Gaming Practice, a multi-disciplinary team of attorneys representing owners, operators and developers of gaming facilities, manufacturers and suppliers of gaming devices, investment banks and lenders in financing transactions, and Indian tribes in the development and financing of gaming facilities.
Mr. Goldstein brings experience and insight that we believe will be valuable to a potential initial business combination target business. Mr. Goldstein received a Bachelor of Business Administration with a concentration in accounting from Emory University and a Juris Doctorate with highest honors from the University of Florida, College of Law.
Sean Ryan — Director Nominee
Mr. Ryan is a digital media and technology operator with extensive global experience in online payments, e-commerce, marketplaces, mobile ad networks, digital games, enterprise collaboration platforms, blockchain, real money gaming and online music. Since 2014, Mr. Ryan has been serving as Vice President of Business Platform Partnerships at Facebook, Inc. (“Facebook”) (Nasdaq: FB), where he leads a more than 500 person global organization that manages the Payments, Commerce, Novi/Blockhain, Workplace and Audience Network businesses. Prior to his current role, Mr. Ryan was hired in 2011 as the Director of Games Partnerships to lead and grow the global Games business at Facebook. While the Director of Games Partnerships, Mr. Ryan focused on re-shaping Facebook’s games and monetization strategies to derive more value for Facebook, its users and its partners, including the addition of a Real Money Gaming offering in regulated markets. Mr. Ryan’s team helped accelerate a major trend in engagement through cross-platform games and therefore the opportunity to increase users through establishing games on multiple platforms. Prior to joining Facebook, Mr. Ryan created the new social and mobile games division at News Corp, an American multinational mass media corporation controlled by Rupert Murdoch. While at News Corp, Mr. Ryan led the acquisition of Making Fun, a San Francisco social-game start-up, that created News Corp’s games publishing division.
Before joining News Corp., Mr. Ryan founded multiple digital businesses such as Twofish, Meez, Open Wager and SingShot Media. Mr. Ryan co-founded Twofish in 2009, a virtual goods and services platform that provided developers with data analytics and insights for individual application’s digital economies. Twofish was later sold to online payments provider Live Gamer, where Mr. Ryan served on the board of directors. From 2005 to 2008, Mr. Ryan founded and led Meez.com, a social entertainment service combining avatars, web games and virtual worlds. The white label social casino gaming company Open Wager was spun out of Meez and was later sold to VGW Holdings, Mr. Ryan also co-founded SingShot Media, an online karaoke community, which was sold to Electronic Arts (Nasdaq: EA) and merged into its Sims division.
We believe Mr. Ryan’s experience will be valuable to a potential initial business combination target and would provide an expanded perspective on the digital gaming landscape. Mr. Ryan received a Bachelor of Arts from Columbia University and a Master of Business Administration from the University of California, Los Angeles.
Tom Roche — Director Nominee
Mr. Roche has more than 40 years of experience in the gaming industry as a regulator, advisor and independent auditor. Mr. Roche joined Ernst & Young (“EY”) as a partner in 2003 and opened its Las Vegas office. He was subsequently appointed as the Office Managing Partner and Global Gaming Industry Market Leader. In 2016, Mr. Roche relocated to the EY Hong Kong office to supervise the expansion of the EY Global Gaming Industry practice in the Asia Pacific region. Mr. Roche has been integral to numerous transactions that have shaped the current gaming landscape, including:
• Wynn Resorts (Nasdaq: WYNN) initial public offering: Mr. Roche was the lead partner on Wynn Resort’s initial public offering, which raised $450 million in 2002.
• Harrah’s Entertainment/Apollo Management Group & Texas Pacific Group: Mr. Roche headed the regulatory advisory services on the buyout of Harrah’s Entertainment, the world’s largest casino company at the time, for $17.1 billion.
• Dubai World/MGM Resorts: Mr. Roche headed the regulatory and due diligence advisory services to Dubai World in its approximately $5.1 billion investment in MGM. Dubai World bought 28.4 million MGM shares, or 9.5 percent of the casino operator, for $2.4 billion. It then invested $2.7 billion to acquire a 50% stake in MGM’s CityCenter Project, a $7.4 billion 76-acre Las Vegas development of hotels, condos and retail outlets.
• MGM Growth Properties (NYSE: MGP) initial public offering: Mr. Roche provided tax and structural transaction services to MGM Resorts in the creation of MGM Growth Properties, a publicly traded REIT engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts. MGM Growth Properties raised $1.05 billion in its 2016 initial public offering.
Mr. Roche also directed EY advisory services to boards and management teams for profit improvement and technology related initiatives. In addition, Mr. Roche provided advisory support to the American Gaming Association on several research projects, including those specifically related to sports betting, the revocation of The Professional and Amateur Sports Protection Act of 1992 (PASPA) and anti-money laundering best practices in the gaming industry. Equally, he has assisted government agencies in numerous international locations with enhancing their regulatory approach to governing the industry especially in the online gambling sector.
Prior to joining Ernst & Young, Mr. Roche served as Deloitte’s National Gaming Industry Leader and as the co-head of Andersen’s Gaming Industry Practice in Las Vegas. In 1989, Mr. Roche was appointed by then Governor of the State of Nevada, Robert Miller, to serve as one of three members of the Nevada State Gaming Control Board for a four-year term, where he was directly responsible for the Audit and New Games Lab Divisions. As a board member, he spent a substantial amount of time assisting global jurisdiction regulators enact gaming legislation in the design of their regulatory structure. During his career, Roche has been involved in numerous public and private offerings of equity and debt securities. His background includes providing casino regulatory consulting services to casino licensees and to federal and state agencies including the National Indian Gaming Commission and the Nevada State Gaming Control Board, and industry associations such as the Nevada Resort Association and the American Gaming Association.
We believe Mr. Roche’s highly regarded reputation as a gaming auditor and advisor in the gaming industry will be valuable for us and a potential business combination target. Mr. Roche is a member of the American Institute of Certified Public Accountants and is licensed by the Nevada State Board of Accountancy and Mississippi State Board of Public Accountancy. He received his Bachelor of Science degree in Accounting from the University of Southern California.