It was very important for us to get a stamp, so all of you will know that everything that I’m showing is true. Why? I’m too good to be true. No, seriously. The results are so high and we’re aiming for results that are so high. Since nobody did it before, it’s very hard to convince somebody that I even exist.
I know that in the beginning, people were showing me stories that said that I don’t exist. It’s the robots. I decided that I need this claim for insurance from some huge company that they will say, “No, it’s true. It’s real. We checked it.” We went to Big Four. I have lots of friends that know the management and three out of four said no.
I said like, “Why not? You don’t even know me. Why not do this?” They said, “No, no, no, you’re in crypto. We’re not doing crypto.” Why they’re not doing crypto? Because of lots of scams that happened to them, they lost, I will not name names, but a $5 billion lawsuit against the company that apparently was a scam.
Once it happened to them, the other two said, “No.” Ernst & Young apparently is a very innovative and even revolutionary company in this storm. They are behind the blockchain, the log blockchain. We came to them in January and we said, “We want to be audited.” They said, “Fine, let’s try.” Then in February, they audited us and we’re very happy.
We were ready to issue it and then I said, “How do I do that? What paper do you give me to do that?” They said, “No, no, no, you cannot do this yet.” “Why?” “You need the sign-off of the U.S. office.” They send it to the U.S. and said, “We have no procedures to do this. There is no other company that we did it for. This is the first company.”
Then we waited for more. As I said, it’s the same story as it is with the Israeli Army. When you talk to the Israeli Army, they never explain to you what happens inside. They just once per year tell you something, some news, if you bang on the door. Here is the same. I would talk to my contact and he would say, “No, no, we’re not ready yet.”
Ed was telling me, “You know what? Nobody believes that you’re doing it because there is no result.” I will not get into the details of how we got it. At some point, we started to push with questions and with relationships. Finally, they got us a person that was in charge of the U.S. office. He came to us. We gave him the pitch, and he was brave enough to say, “You know what? We’ll do it.”
He was brave enough to say, “You are real. The results are real. Why not?” They took the chance on us and they opened it. Not only for us, but we are also their first case that’s why he said, “let’s try because we are the first case that they did it for.” Guess what? Not only this, but by auditing our system, they put us in the mainstream. Now, any client can use this insurance that we’re real.
We cannot send you this letter because I got exactly the phrase that I can tell you. I will read it through. “EY blockchain audit team has performed specific procedures to confirm the trading and results for the periods in the document and more as detailed in it. You can also say that EY is advising you on various matters as well.”
This is like wink, wink. We do have other matters that will work with EY, and it’ll be the next story the next time we’ll meet. It’s a very big one, but let’s keep it. They’re also advising us on the EndoTech as well, not only on trading. We are also audited as a company, as an EndoTech, and specifically, because we reached these huge results. The results of our company are unprecedented.
This is, again, thanks to you. I cannot emphasize more how you changed my life. You changed the life of EndoTech and you changed the life of the industry by helping to create breakthrough financial opportunities and believing in it.