Boxabl Inc.

Um, we had seen some videos that were available online where they talk about the strategy, and those raised a lot of questions that, you know, we would've liked to be able to discuss with them.

And also, just to add to that, we looked up, um, another company called Boxabl, which makes a similar product, and we wanted to kind of get a sense of what was comparable.

So when we were doing research on that, we, um, discovered that Boxabl had sued BoxHouse for copyright infringement, and so we were able to get a little more information that way, and then we did reach out to Boxabl.

I talked to one of the founders of Boxabl, G. Tiramani, and got some information from him about their product, which is a comparable product.

It folds up in a slightly different way, but it's almost the same dimensions.

It sells, he said, for approximately $60,000.

And he worked tirelessly.

Well, some of his original innovations are still used by Boxabl, for instance, who, who we had, uh, Tarmini I think is his name.

Benito, uh, Bernardo Tarmini I think is his name, who we had a few years ago who's doing that.

My point is, innovation driven not just by capitalism.

And, like, It didn't come to fruition, but you had told me about...

Boxable.

Boxable.

Boxable, yeah.

So basically, because of the housing crisis, a lot of people, a lot of municipalities and cities around America are looking at ways that people can use their land, utilize their land better, and potentially provide more housing.

And some of the ways that people do that is utilizing their space that is pre-existing.

And so Boxable is this company that... builds a modular home that can be delivered and set up on your property in a matter of a day.

I looked into it.

Um, s- I guess last question then.

So there is another company that you mentioned that I'm familiar with that went public recently known as Boxabl.

Mm.

What's the main difference between your company and Boxabl, if any?

Oh, a lot of difference.

I mean, we're very, we're very pleased that they went public and trading at over a billion dollar valuation.

I've raised my, um...

First of all, my business partner and I invested our own money to start the company, and then we've raised money from other investors.

First of all, my business partner and I invested our own money to start the company, and then we raised money from other investors.

But after a Boxabl offering, I really believe that we're shooting too small.

We're still doing a couple million here and a few million here, but I want to raise a lot more money and build a company of scale.

The scale is needed.

That's really very forward-thinking.

I really believe that other states will pick up where Colorado is.

In addition to Boxable, Icon, a 3D printing company, they print with cement.

They just closed the race last week at 1.2 billion valuation.

They started producing houses without realizing that you have to have site-built code.

And, um, I can mention one company, Boxabl.

Lovely company, great, great marketing team, one of the world's best marketing teams.

They sold tens of thousands of units not realizing, and this is all public knowledge.

And then there's stuff in the middle, like these Amazon homes or these prefabricated homes.

You know, uh, maybe they're, um, there's a site ca- a website called Boxabl that's really interesting.

They kind of come, the, [laughs] the house kind of comes folded up, if you can believe it, almost like origami.

And they, they fold it up, put it on a, a, a, a truck, bring it to your site, and unfold it, and you have a house.