My name is Ayodegi and I'm the founder and CEO of 501 Confectioners. 501 Confectioners is a confectionery business that makes change and flake like you are there as well as a sweet popcorn. We launched our business in October 2020. We've done a little over 5 million and our profit margin is 25%. We've currently got about 50 stores that we do supply to and we also supply distributors in open markets as well as schools. I'm pitching here today for an investment of 20 million for an equity stake or equity participation of 25% in the business. I would like the lions to please them take a sample of the products and I'll be very happy to take any questions. Thank you. The taste is so nice. Do you want to tell us the process or its proprietary? Oh no no no. I'll tell you the process. One thing which actually distinguishes us is when sure that it goes on several times on the machine so actually make it very flaky and very flaky. So that's the reason why we're able to achieve this level of for the quality. So who's your competition? We have the market leader which happens to be minimi. But now one thing we've tried to do is we've differentiated ourselves from what's minimi really does. So now if you do compare our product to that of our competitors and there's this hard as a stain, it's flaky, it's soft, it's milky, it's also got a touch of coconut as well. Yes what's it called? This is called raditos chinching flakes. So in terms of sales you don't have 5 million sales in 5 months, so a million a million a month. Yes, yes. As 250,000 profits every single month. This 20 million Naira, what's it going to do for you? Automatized production line. So one of the things we've actually discovered is number one, when it's been done manually, A, it reduces the amount of efficiency in terms of the amount of product we get from our raw materials. B, the other thing is we usually have to engage huge manpower in having to go back and forth to make them as smooth as what you currently see. Then C, in terms of the ergonomics, because they are actually flaky nature, if you actually do not pack them in very rigid containers, they tend to break off on the edges. So that's why of course we want to get the branded design packaging to actually help to meet them boy and when we get into the company. So you sell everything you make now? Yes. What's your projection for 2021? So if we do get the investment, the projection for 2021 is for our 15 hour products, we hope to sell to do roughly about 30 million before the year runs out. For this particular one, we hope to do also about another, well in addition to what we've done this year, we hope to get to about another 20 million. So total would be around in the neighborhood of this million. So this is the first 18. Yes. Are you region? Your product tastes nice. Thank you. But looking at this packaging first, it's not safe. Anybody can compromise it. I don't know whether the packaging you have there is different from this, or if I open this, I just see the product right away. Yeah, if you actually open this, you see the product right away. It's dangerous. The other one there is the nutritional facts on it, or it's just the level. So now, um, just, just, I understand. There's actually no nutritional facts, but there's actually no analysis. Is it on the level, Mr. H. No, it's not on the level. Another dangerous situation that you have, because fundamentally when you're talking about food and what you put in your mouth, safety is critical. What can you tell me about Ayodegi? Okay, so Ayodegi lives in the UK for five years. Then when I go back to Nigeria, I decided, well, um, I want to enjoy the same thing that I enjoyed in the UK. I want to enjoy hearing Nigeria. So in terms of confectionaries, everybody is doing basic stuff. So people just want to turn out the products into the market. I said, no, I'm not going to do that. I want people to be able to come and say, yes, this is made from Nigeria, and we can actually export this to the UK. And here we are today. I'm going to make you an offer. On condition that another lion would join me. So I'm going to offer you half the money you're asking for, but for 20%, meaning the total becomes 40%. If someone wants to come along, this journey, because we will hit the streets together. So Ayodegi, first we can I take this away? Oh yes. Yes. Because by the time we finish with you, I'd almost have finished it. I like the idea of a man who based changing wearing a suit. I was hoping that another one of the lions would, you know, put their hands up. And I'm happy to take the other end of that. You know, if you like the deal, you get two for the price of one. And we'll work with you on everything that you need to do one from, ensuring that you can automate the business a bit more without losing the character and the flavor of the product. Second is to then get it into distribution chains that propel it. And, you know, if there are many more things, you know, under that food, love to hear about them, but well done. So what's the offer again? 20 million for 40% between two lions. Or a maximum of two. Well, you can join the party. We can, we can adjust. We can adjust. You're in. Okay. Okay. So you're getting three lions. And I'm good with packaging. I'm very good with packaging. I'm glad. Design. Okay. And design. Rough and simple. Because we need to do something about this packaging. Yes. Real quick. That's the key. Yeah. Yeah. So, so you got six point six six million from three lions so far. The name doesn't strike me, especially if you're going to export it. What's the, what's behind the name? Are you weathered to that name? Then you want something more Nigerian. Ish. It's gonna be that. Okay. So actually the name ready to us is from my last name, or Redduba. So, so I just took out the RED from there. And I just added the details to it. So actually just them functionalize it. So say it again. Ready to ready to ready to ready to ready to it. Ready to it. Ready to it. Yeah. So now we started work already. We're working on it. Yeah. I suppose without much further ado, if the lie, if the, if my fellow lions would accept me, I'll join you. Please join. We like to. So it's for lions. You've got four lions now. Well, I'm a good one now. For me, for me, I'm a, I'm a Fred, Mr. Yoday Ja won't be best. And so I'm out. It's fine. I wish the lions good luck. So it's, so you get all your money. You get all your money. So I'm 40%. And five each from us. 40%. Okay. And we are game. Right. Can I negotiate for the sake of negotiating? Of course. Of course. Of course. For the sake of me. It's a free country. Of course. Okay. So, will you like to get, would you like me to do a buyback? If say in three years, you gave your money back so you can do a bit of maybe 2.5 to 0.5, which so it comes down to, you know, considering time value of many three years from now, five million will not be five million. Yeah. Yeah. What we could do and considering if everybody would agree to that is, you know, if you return the 20 million in three years, we can come down to five five five percent. So that would be 20%. So it would be half of that level. Right. Is that a deal? Yeah. Thank you. Is everybody great? Thank you very much. Thank you very much. Thank you very much.