Greetings and welcome to the Leatt Corporation Annual General Meeting. At this time, all participants are in listen-only mode. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Mr. Michael Mason, Investor Relations for Leatt Corporation. Thank you. You may begin. Thank you. Hello, everyone, and thank you for joining us today. I'm Michael Mason, principal of Mason Investor Relations, the company's investor relations firm. Welcome to the 2023 Annual Meeting of the Stockholders of Leatt Corporation. On or about May 7, 2024 the company notified its stockholders of this 2023 Annual Meeting and provided instructions on how to participate. The management at Leatt Corporation is remotely hosting this meeting, and it is being held at 3001 Washington Boulevard, Suite 400, Arlington, Virginia two two two zero one on today, June 21, 2024, at 10:00 A.M. Eastern, as well as via conference call and audio webcast. A June 18, 2024, press release instructed conference call participants to access the call 10 minutes before the scheduled time by calling one eight seven seven four zero seven nine seven one six in the USA or two zero one four nine three six seven seven nine for international callers. There is also a simultaneously live webcast of the meeting on the company's website at www.leattcorp.com, where participants were instructed to register approximately 10 minutes prior to the start of the webcast. An audio replay of the conference call will be available for seven days and can be accessed by dialing eight four four five one two two nine two one USA, or four one two three one seven six six seven one for international callers. The passcode is one three seven four six eight eight one. For those who are unable to attend, the live webcast of the meeting will be archived on the company's website for 30 days following the meeting. Stockholders of record as of May 3, 2024, have the right to vote at and attend today's meeting. Details on the matters to be considered or discussed in the company's proxy statement filed with the SEC on May 7, 2024. I would now like to turn the call over to Sean Macdonald, CEO of Leatt Corporation. Good afternoon, Sean. Hello, Mike. Ladies and gentlemen, I am Sean Macdonald, Chief Executive and Financial Officer of Leatt Corporation, and I am chairing the meeting today remotely from Cape Town. Since it is now 10:00 A.M. Eastern Daylight Time, I hereby call this Annual Meeting of Stockholders to order. It is my pleasure to welcome you to the meeting. The meeting will consist of three parts. First, we will summarize and entertain formal nominations of the two proposals, followed by a question period to address any stockholder questions regarding the proposals, and then we will vote on the proposals. I would like to introduce the other officers and directors of the company. You You are present via teleconference with me in Cape Town. Here's Dr. Christopher Leatt, our Chairman and Research and Development Consultant, and Mr. Jeffrey Guzy, our Director and Audit Committee Chair, has joined the meeting in person in Washington, D.C. Also present in person is Lou Mascarella, who will serve as the independent inspector of the meeting. Miss Dawn Clark Ducouvy, the company's U.S. securities counsel, will act as Secretary of the meeting. At this meeting, we will vote upon two proposals one, the election of directors, and two the ratification of the selection of Fitzgerald & Company, CPAs, P.C. as the company's independent auditors for the fiscal year ending December 31, 2024, as disclosed in our proxy statement filed on May 7, 2024, of this year. In calling the meeting, the Board of Directors adopted resolutions providing that the meeting be held today and fix the close of business on May 3, 2024, as a record date for the determination of stockholders entitled to notice of and to vote at the meeting. Now, I will perform some of the corporate formalities relating to the meeting. I submit the affidavit of mailing of Emily W., an employee of Issuer Direct Corporation, our designated mailing service, as to the due and proper mailing of the proxy materials to each stockholder of record as of the close of business on May 7, 2024, Exhibit A. I also submit a list of the stockholders of the company as of the record date as certified by Issuer Direct Corporation, our transfer agent. The list sets forth each stockholder's address and holdings as they appear on the record of our transfer agent. As of the record date, there were 6,215,440 shares of our common stock outstanding and 120,000 shares of our preferred stock issued and outstanding and emailed to vote and entitled to vote. Exhibit B. Each share of common stock is entitled to one vote on the matters presented to this meeting, and each share of preferred stock is entitled to 100 votes. Pursuant to the company's bylaws, Mr. Lou Mascarella has been appointed to act as the meeting's inspector of election. Mr. Mascarella has executed an oath to carry out his duties impartially and to the best of his ability. The oath will be presented and filed with the minutes of this meeting. Mr. Mascarella will collect the proxies and pass upon their validity to distribute and collect the ballots and count the votes. I hereby present the meeting inspector's oath of ballot signed by Mr. Mascarella. Exhibit C. Will the inspector provide a count of the stockholders present in person or by proxy? Hello. A preliminary count indicates the presence of a quorum. I am in the process of completing a count of all stockholders present and will render an exact report at the end of the meeting. If any stockholder has a proxy and has not yet submitted it, please give it to me. Since the quorum is present, the stockholders will consider the two proposals. I will introduce each proposal separately. Then I will take any questions on that proposal, after which we will vote on them. The first proposal is the election of directors. The slate consists of Dr. Christopher Leatt, Mr. Jeffrey J. Guzy, and yours truly, Sean Macdonald. Are there any other nominations? If not, the nominations are closed. Chris Leatt. Mr. Chairman is a stockholder of Leatt Corporation. I hereby nominate Management Slate as directors of the company. Hi, Jeff Guzy. I second the motion. We will now consider the second proposal, which is to ratify the selection of Fitzgerald as the company's independent registered public accounting firm for the year ended December 31, 2024. Christopher Leatt. As the chair of Leatt Corporation, I hereby move for the ratification of management selection of Fitzgerald as the company's independent registered public accounting firm. Jeff Guzy, I second the motion. Thank you. We will now pause for a brief period for any questions that you may have on these proposals. Thank you. If anyone would like to ask a question at this time, please press star one on your telephone keypad. There are no questions at this time. If there are no questions, the inspector of election will distribute a ballot to any stockholder present who has not previously voted by proxy so that they may commence voting on the proposals. The polls will remain open as long as necessary to receive the ballots. Would the inspector of election now please tabulate the ballots and provide us with his report on the votes cast? Thank you, Sean. As the inspector of election, I report that 13,376,150 shares of common stock, including 96,000 shares of preferred stock voting with the common, are represented at this meeting. The number of votes cast constitutes 73.43% of the company's outstanding shares as of the record date. I will now provide a breakdown on the voting for each proposal. Exhibit D. In voting for the election of directors, I report that the following votes were cast in favor of the election of each director. Dr. Christopher Leatt, 12,747,552 votes, representing 95.30% of the total votes cast at the meeting and 69.98% of the company's issued and outstanding common stock, including preferred shares voting as common. Mr. Sean Macdonald, 12,749,392 votes, representing 95.31% of the total votes cast at the meeting and 69.99% of the company's issued and outstanding common stock, including preferred shares voting as common. Mr. Jeffrey J. Guzy, 12,764,542 votes, representing 95.43% of the total votes cast at the meeting and 70.08% of the company's issued and outstanding common stock, including preferred shares voting as common. Thank you, Lou. Dr. Christopher Leatt, Mr. Jeffrey Joseph Guzy, and yours truly, Sean MacDonald, have been elected to serve as directors of the company. In voting for the ratification of the selection of Fitzgerald as the company's independent registered public accounting firm for the fiscal year ending December 31, 2024, I report that 13,374,321 of the votes were cast for the ratification of Fitzgerald. The votes represented 99.99% of the votes cast and 73.42% of the company's issued and outstanding common stock, including preferred shares voting as common. Thank you, Lou. The selection of Fitzgerald as the company's independent registered public accounting firm has been ratified. There being no further business, I will now entertain a motion to adjourn this meeting. Chris Leatt, I move that the meeting be adjourned. Jeff Guzy, I second the motion. Can I get you some coffee? You've got it. Water, soda. I woke up around this morning and then I kind of dashed over, and that'd be great. Thank you. This concludes today's conference. You may disconnect your lines at this time. Thank you for your participation.