https://www.letstoke.biz/_files/ugd/449582_bc6d1a0b6446483797e254f3c5ebb0c3.pdf Conclusion: After speaking to Paul Rosen, I am convinced that 1933 is on the road to recovery. I believe Rosen is bringing large cap management solutions to a small cap company. The plan is 46 deceptively simple: increase sales, decrease expenses, manage cash outflows and strengthen the balance sheet. What is different are the steps being taken to ensure these things happen. Rosen’s description of what has been done, gives me the confidence to believe it will be accomplished. Certainly, there has been dilution. The changes to the terms of the convertible debentures and the recently announced share offering are cases in point. However, this dilution is necessary to correct the problems of the past. What investors are faced with is moving ahead from here. I would look for some minor improvements in the current fourth quarter ended July 2020. But I look forward to the next two quarters indicating the trend with revenues meaningfully higher, gross profit and gross profit margins improving and the cash burn rate declining. From its current level of $.07 per share, I think the shares will provide above averag