Meeting Transcript

Important closed loop to maintain that tight band. These are the details on this. We hear about blowdown often. People tell us that closed loop systems they require blowdown. That's not possible, just so that we're clear. Blowdown is for systems that are actually evaporative in their nature. So cooling towers, they have to have blowdown. It's a means of cleaning the system. That's not how this works. So there's no there's no blowdown here. We don't need any constant replacement water. Sludge in particular, you will get particulates, it's filtered constantly. We cannot have a diminishment of any of that substance that's inside of that loop. So that's why the details are here and bulleted out. I hate having to quote our resume, but I feel like this is important. So these were all the inputs that came from the community directly. We've got countless emails, countless text messages, a significant amount of engagement. We aggregated all of that and we put it into the planning what the development plan as it was submitted. All of this lists out what we actually performed. And just so that it's clear in terms of transparency and representation, I'm the one who was here for that. So I conducted all the town meetings, the town halls, I did the direct meetings. We we wanted to hear, even if it was good or bad, it didn't matter. We wanted to hear, and then we wanted to come back. So there's a tremendous amount of back and forth, which is why that fourth development plan submittal showed a dramatic development itself from the first one because the community drove that impact. Well, I'm sure the the city just stamped this for you. This will show you how much work went into this. Our first engagement was on December 9th of 25. We had already started doing what we call benchwork, but we never started formal diligence four months before that. So we weren't even to engage the city until that period of time. It took us until March 17th to submit. The city came back three and a half weeks later and told us all that was wrong with our submission. That's why they do that. There were 81 comments. Just so that we're clear, comments aren't something that you just rubber stamp. There's a tremendous amount of detail, and we listed those out. It took us another three weeks to go reconcile those via engineering and resubmit again. They then came back with 40 more comments. Those are all code-based, those are all compliance-based. Those are all required for us to make sure that we're adhering to what we actually have to do to be able to get something approved. There's no concessions. So after May 8th, then we take another three weeks, and May 27th, we submit a third time. We got the last couple of comments that were included in there on the 9th and 10th, and we met all the criteria. This shows you the entire timeline. There was a lot of rigor that went into this. One resident specifically told me while sitting on his back patio that after two years of Bitcoin mining, that he had no recourse. No one could help him, no one could.